Kotak Neo Vs BlinkX (Compare Kotak Neo and BlinkX)

About Kotak Neo

Incorporated in 1994, Kotak Neo is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides d... Know more about Kotak Neo

About BlinkX

Incorporated in 2022, BlinkX offers financial products and services. BlinkX's investment portfolio includes equity, currency, derivatives, IPO, equity SIP, mutual funds, and margin funding. The company offers a technology-enabled investment platform BlinkX Trading App that allows you to trade and invest with intelligent portfolio tracking, in-depth expert research, smart recommendations, daily mar... Know more about BlinkX

Kotak Neo Vs BlinkX

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Incorporated in 1994, Kotak Neo is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India. Incorporated in 2022, BlinkX is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 0 branches across India.

 Kotak NeoBlinkX
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCX, NCDEXBSE, NSE, MCX, NCDEX
Year of Incorporation19942022
Number of Branches1530
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Kotak Neo Vs BlinkX Charges & AMC

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Kotak Neo trading account opening charges is Rs 0 (Free) while BlinkX account opening changes is Rs 0 (Free). Kotak Neo Demat Account AMC Charges is Rs 600 and BlinkX Demat Account AMC Charges is Rs 300 (Free for 1st year).

 Kotak NeoBlinkX
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0
Demat Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Demat Account AMC ChargesRs 600Rs 300 (Free for 1st year)

Kotak Neo Vs BlinkX Brokerage

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Kotak Neo Brokerage Charges for equity is 0.20% (free for the first 30 days) and intraday is Rs 10 per order or 0.05%, whichever is lower whereas BlinkX brokerage charges for equity is Rs 0 (Free) and Intraday is Rs 0 (Free).

Account TypeKotak Neo Trade Free PlanBlinkX 2-month-plans starting from Rs 249
Fixed Charges
Equity Delivery0.20% (free for the first 30 days)Rs 0 (Free)
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 0 (Free)
Equity FuturesRs 10 per orderRs 0 (Free)
Equity OptionsRs 10 per orderRs 0 (Free)
Currency FuturesRs 10 per orderRs 0 (Free)
Currency OptionsRs 10 per orderRs 0 (Free)
Commodity FuturesRs 10 per order
Commodity OptionsRs 10 per order
Special Offer
Special Offer:

Trade smarter with Kotak Neo low-cost plans.
₹10 per order – Intraday
₹10 per order – Futures & Options
₹0 Brokerage on Delivery Trades (Youth Plan*)

Open Instant Account Now

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Kotak Neo Vs BlinkX Brokerage Plan 2

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 Kotak NeoBlinkX
Account TypeTrade Free Youth6-month-plans starting from Rs 599
Fixed Charges
Equity DeliveryRs 0Rs 0 (Free)
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 0 (Free)
Equity FuturesRs 10 per orderRs 0 (Free)
Equity OptionsRs 10 per orderRs 0 (Free)
Currency FuturesRs 10 per orderRs 0 (Free)
Currency OptionsRs 10 per orderRs 0 (Free)
Commodity FuturesRs 10 per order
Commodity OptionsRs 10 per order
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Kotak Neo Vs BlinkX Brokerage Plan 3

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 Kotak NeoBlinkX
Account TypeTrade Free Pro12-month plans starting from Rs 899
Fixed ChargesRs 249
Equity Delivery0.10% (free for the first 30 days)Rs 0 (Free)
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 0 (Free)
Equity FuturesRs 10 per orderRs 0 (Free)
Equity OptionsRs 10 per orderRs 0 (Free)
Currency FuturesRs 10 per orderRs 0 (Free)
Currency OptionsRs 10 per orderRs 0 (Free)
Commodity FuturesRs 10 per order
Commodity OptionsRs 10 per order
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Kotak Neo Charges Vs BlinkX

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Minimum Brokerage
Other Charges
Call & Trade ChargesRs 49 + GST per executed orderRs 0 (Free)
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Kotak Neo Vs BlinkX Leverage (Margin)

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Kotak Neo margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the BlinkX margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.

 Kotak NeoBlinkX
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Kotak Neo and BlinkX Features

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The trading platforms offered Kotak Neo include Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal. BlinkX offers Insights, BlinkX Stock Broking App, BlinkX Desktop Terminal, Web Trading Platform trading software.

 Kotak NeoBlinkX
3 in 1 AccountYesNo
Automated TradingYesNo
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformKotak Neo Trading App, Kotak Neo Web, Nest Trading TerminalInsights, BlinkX Stock Broking App, BlinkX Desktop Terminal, Web Trading Platform
Intraday Square-off Time3:20 P.M3:10 PM
Trading In SME Shares Allowed?YesYes
Referral ProgramNoNo
Other Features3-in-1 account
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Kotak Neo Vs BlinkX Review

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Kotak Neo is rated of 5 based on 202 customer reviews whereas BlinkX is rated of 5 based on 8 customer reviews.

 Kotak NeoBlinkX
 202 Customer Reviews    Rate Kotak Neo8 Customer Reviews    Rate BlinkX
FeesRated 2.4 starsRated 3.9 stars
BrokerageRated 2.3 starsRated 3.8 stars
Trading PlatformRated 3.2 starsRated 2.8 stars
Customer ServiceRated 2.8 starsRated 3.0 stars
Research CapabilitiesRated 2.7 starsRated 3.1 stars
Overall RatingRated 2.4 starsRated 2.9 stars
Broker RatingKotak Neo is Rated 2.4 / 5 based on 202 customer reviewsBlinkX is Rated 2.9 / 5 based on 8 customer reviews

Contact Broker / Request A Call Back

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 Kotak NeoBlinkX
Contact Broker

Trade smarter with Kotak Neo low-cost plans.
₹10 per order – Intraday
₹10 per order – Futures & Options
₹0 Brokerage on Delivery Trades (Youth Plan*)

Open Instant Account Now

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Kotak Neo Vs BlinkX Investment Options

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 Kotak NeoBlinkX
Stock / EquityYesYes
CommodityYesNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesNo
DebtYesYes

Kotak Neo Vs BlinkX Order Type Offered

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Kotak Neo Vs BlinkX Suitable For Investor Type

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 Kotak NeoBlinkX
Casual InvestorYesNo
Active InvestorYesNo
TraderNoNo

Kotak Neo Vs BlinkX - Pros and Cons

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 Kotak NeoBlinkX
Pros
  • Kotak Neo is a bank-based broker offering a 3-in-1 account.
  • Brokerage free intraday trading with online trading plans.
  • Zero brokerage across all segments for investors up to the age of 30 years.
  • Company is part of leading private bank (Kotak Mahindra Bank).
  • NEST trading platform is available for frequent traders.
  • Charges are lowest amoung bank-based brokers.
  • There is no minimum brokerage fee.
  • Free Mutual Funds investment.
  • Get bank interest on cash deposited in the trading account.
  • Monthly unlimited trading plans for trading In Equity, IPO, and NSE F&O.
  • Dedicated Research Calls
  • Dedicated support via phone and email.
  • Zero opening charges by BlinkX.
  • Paperless activation.
  • Free account opening.
  • Live chat for Instant Assistance (24*7 support).
Cons
  • High Equity delivery brokerage charges.
  • High demat AMC changes.
  • Kotak Neo website and mobile app is not as good as new age brokers like Zerodha and Upstox.
  • A widely advertised Zero Stock Delivery Brokerage Plan is available only to investors up to the age of 30 years.
  • The account switching fees for existing clients is Rs 499.
  • Margin funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.
  • BlinkX only has mobile trading applications. It doesn't provide website or trading terminal.
  • BlinkX doesn't offer a 3-in-1 account as the company doesn't provide banking services.
  • Good Till Cancelled (GTC) and Good Till Date/Time (GTD) are unavailable in the Equity Segment.
  • BlinkX only has mobile trading applications. No installable trading terminal.
Reviews
Promo / Offers

Kotak Neo Special Offer

Kotak Neo Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage – Rs 10 Intraday trades (Equity and F&O)
  • Flat Rs 10 per trade brokerage in F&O
  • Zero API charges with zero brokerage on API-routed trades
  • Margin Trading Facility (MTF) with interest starting from 0.041% per day

Interested in opening a trading account? Open Instant Account Now

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
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