blinkX Review – Charges, Trading Platforms, Demat Account, Offers & more

Blinkx is a full-service brokerage firm headquartered in Mumbai, India. Founded by Nimesh Kampani, a seasoned industry expert, in 2022, blinkX brings a fresh and dynamic approach to the world of stockbroking.

BlinkX is committed to delivering a seamless and user-friendly trading experience through its innovative solutions and cutting-edge technology.

In this blinkX review article, we explore this stock broking company. We examine the various features offered by the firm, including its diverse investment options, blinkX charges, and more.

Why trade or invest with blinkX?

Check out few amazing reasons to invest or trade with blinkX.

• blinkX operates as a full-service broker, offering investors a comprehensive range of services and support.
• blinkX boasts an active client base of over 10,000 traders and investors. The sizable client base speaks to blinkX’s credibility and reliability as a preferred choice among traders and investors.
• blinkX account offers the advantage of free account opening charges.
• The firm also gives free intraday charges to its clients.

blinkX’s Standard Plan offers an excellent brokerage structure. With zero subscription charges, traders and investors can access the platform without additional cost.

Equity intraday trades come with no charges, providing an attractive opportunity for short-term Trading.

For equity delivery, equity future, equity option, commodity future, commodity option, currency future, and currency option trades, blinkX brokerage charges equal a competitive rate of Rs.20 per trade.

blinkX Calculator

Calculate Brokerage Charges of blinkX.

How to open a blinkX Demat Account?

Check out the account opening process of blinkX.

• Getting started with a blinkX Demat Account is a breeze. Fill in the required information on the designated section of the website’s right-hand side.
• After submitting your details, expect a prompt response from blinkX representatives, who will assist you in the smooth account opening process.
• During this procedure, providing the necessary documents for verification, such as a copy of your PAN card, AADHAAR card, bank information, and other essential paperwork, is vital.
• Once your documents have been successfully verified, your account will be swiftly set up, and you will receive your login credentials to access your account.

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Firstly, they provide Android and iOS apps, allowing investors to trade and monitor their portfolios.

In addition to the mobile apps, this blinkX review also focuses on a robust web trading platform accessible through standard web browsers.

For those interested in mutual fund investment, blinkX also offers a platform for that.

These different trading platforms enable users to manage their assets effectively, stay informed about market movements, and execute trades conveniently across other devices.

Here is the list of various trading platforms provided by Blinkx.

blinkX App

• The blinkX mobile application is compatible with Android and iOS devices, providing users with instant real-time updates.
• This feature ensures that individuals can stay informed about the most recent market data, keeping them updated with the latest information in the financial markets.
• The app also allows users to create a Wishlist of their preferred stocks or investment opportunities.

blinkX Web Trading Platform

• blinkX offers a web-based trading platform that is easy to use.
• It provides a range of comprehensive features, including real-time market data, portfolio updates, and interactive charts.
• Interactive charts allow users to analyze the historical price movements and patterns of stocks, commodities, or other financial instruments.

• Clients can open an account with blinkX at no cost. This eliminates any financial barriers that may deter potential investors from joining the platform.
• The company does not charge any AMC, further reducing the overall expenses for clients.
• blinkX offers free intraday Trading, allowing clients to engage in short-term Trading without incurring additional charges.
• Referral offers are also given, rewarding existing clients who refer new clients to the platform. Clients can earn Rs. 500 per referred client, incentivizing them to spread the word and grow the blinkX user base.

blinkX SWOT Analysis

Check out the SWOT Analysis on blinkX here.

Strengths:

• blinkX offers comprehensive company reports that provide in-depth analysis and insights into various companies.
• They provide stock recommendations based on thorough Research and analysis. These recommendations aid investors in identifying potential investment opportunities and optimizing their portfolios.
• The company also offers access to government bonds, considered relatively safe investment instruments.
• blinkX offers free intraday Trading, allowing investors to execute trades within the same trading day without incurring brokerage charges.
• The platform follows a flat brokerage fee structure, providing transparent and predictable pricing regardless of the size or value of trades.

Weaknesses:

• A banking facility is necessary for clients to directly perform banking transactions such as fund transfers and payments or access banking services through the platform.
• The lack of research reports within the platform may limit investors’ access to comprehensive Research, potentially hindering their ability to make well-informed investment decisions.
• The blinkX platform lacks a robust multi-profile management feature. Users may face challenges managing multiple profiles or accounts within a single platform.

Opportunities:

• By reaching out to untapped markets, they can increase their client base and capture new business opportunities, driving growth and profitability.
• blinkX can explore strategic partnerships and collaborations with other financial service providers or fintech companies. By forming alliances, blinkX can leverage the strengths and resources of these partners to offer additional services and expand its product portfolio.

Threats:

• The financial services industry, including online Trading, is highly competitive. blinkX faces the threat of competition from traditional and online brokers and emerging fintech startups.
• blinkX must stay updated with regulatory developments and adapt its business practices to mitigate potential risks.

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• blinkX trading account provides comprehensive fundamental reports that offer valuable insights into earnings, revenue, balance sheets, and key financial ratios. Please note that entire words are chargeable.
• Clients can access detailed company reports focusing on specific companies of interest.
• blinkX offers technical reports that analyze stock price patterns, trends, and indicators.
• Clients can receive stock tips and daily top stock picks from blinkX.
• blinkX also provides monthly and weekly reviews that comprehensively assess market performance, sector analysis, and notable market events.

blinkX offers various exposure levels for different types of trading activities:

• Equity Delivery, Equity F&O Carry Forward, Commodity F&O Carry Forward, and Currency F&O have a 1x exposure limit.
• Equity F&O Intraday and Commodity F&O Intraday have a 1.3x exposure limit.
• Equity Intraday leverage of up to 5x, enabling traders to amplify their returns and take more prominent positions within the intraday trading timeframe.

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• Trading Support and Dedicated Dealer services are available for a fee.
• Reach blinkX Customer Care at 8880303459.
• Contact blinkX Customer Support via [email protected].
• Support is available through the blinkX website.
• Assistance is also available through blinkX’s Facebook and Twitter accounts.

To date, the blinkX complaint roster has registered just one complaint, and we are pleased to report that it has been successfully resolved, resulting in a 100% resolution rate.

This shows that they value their customers’ feedback and take their concerns seriously.

Their dedicated customer support team works diligently to promptly address issues and provide satisfactory resolutions.

blinkX Charges

blinkX account opening charges are free, allowing users to get started without any upfront costs. Additionally, blinkX offers an Annual Maintenance Charge (AMC) of Rs.250 per year.

However, the AMC is waived for the first year, providing users a complimentary first year. This allows users to enjoy the benefits of their blinkX account without any additional charges initially.

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blinkX Review – Conclusion

This blinkX review informs us that the stock broking platform stands out as a commendable choice for investors.

Its free account opening and competitive Annual Maintenance Charges offer a cost-effective solution.

The platform’s commitment to resolving customer complaints with a 100% success rate demonstrates its dedication to customer satisfaction.

Furthermore, the availability of trading support and dedicated dealer services showcases their commitment to assisting clients.

blinkX FAQs

Here is the list of FAQs related to the blinkX Review:

Is blinkX a Safe Broker?

Blinkx is a safe choice for individuals looking for a trustworthy brokerage platform.

Is blinkX Good for Beginners?

Yes, blinkX is a good option for beginners in the investing world because its features facilitate a smooth and guided experience for novice investors.

How many active clients does blinkX have?

blinkX boasts more than 10,000+ clients.

Who is the Founder of blinkX?

Nimesh Kampani is the Founder of blinkX.

Does blinkX provide Free Delivery Trading?

No, they don’t offer free delivery trading. The delivery trading charges are Rs.20 per Trade.

What are Intraday Trading Charges in blinkX?

Intraday Trading is free at blinkX.

What are blinkX F&O Charges?

The F&O charges for blinkX are Rs—20 per lot.

Does blinkX charge for Commodity Trading?

They charge Rs. 20 per trade for Commodity Futures and Options.

Does blinkX charge for Currency Trading?

The Currency Trading charges are Rs. 20 per trade for both Futures and Options.

Does blinkX provide Research?

Yes, they offer certain research facilities.

How to contact blinkX Customer Care?

You can contact them via email at [email protected] or by phone at 8880303459.

How much is AMC in blinkX?

The Annual Maintenance Charges associated with blinkX are zero.

What are Account Opening Fees in blinkX?

Account opening charges are Rs. 250/year, with the charges being free for the first year.

What are Pledge Creation Charges in blinkX?

The Pledge Creation Charges are Rs.20 per request.

How much are Pledge Invocation Fees in blinkX?

The Pledge Invocation charges are Rs. 20 per request.

Does blinkX levy any Interest on Margin Trade Funding?

Yes, they charge interest of 0.060% daily for Margin Trade Funding.

What are DP Charges in blinkX?

The DP charges are Rs.20 per Scrip only on Sell at blinkX.

Does blinkX levy any Account Closure Fees?

No, the firm doesn’t charge anything for account closure.

What are Account Reactivation fees in blinkX?

There are no account reactivation charges associated with blinkX.

What are Call & Trade Charges in blinkX?

The Call & Trade Charges are Rs. 50 per order.