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Groww Vs BlinkX (Compare Groww and BlinkX)

Nextbillion Technology pvt ltd Logo

About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe... Know more about Nextbillion Technology pvt ltd

BlinkX Logo

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 market updates and more. The company also offers free account opening and maintenance fees for the fir... Know more about BlinkX

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Groww Vs BlinkX

Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India. Incorporated in 2022, BlinkX is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.

  Groww BlinkX
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE and BSE BSE, NSE
Year of Incorporation 2016 2022
Number of Branches 0 0
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Groww Vs BlinkX Charges & AMC

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

  Groww BlinkX
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 0 Rs 300 (Free for 1st year)

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Groww Vs BlinkX Brokerage

Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower whereas BlinkX brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).

Account Type Groww Standard Plan BlinkX 799 Subscription Plan (6 months)
Fixed Charges NA
Equity Delivery Rs 20 per executed order or 0.05% whichever is lower Rs 0 (Free)
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower Rs 0 (Free)
Equity Futures Rs 20 per executed order Rs 0 (Free)
Equity Options Rs 20 per executed order Rs 0 (Free)
Currency Futures NA Rs 0 (Free)
Currency Options NA Rs 0 (Free)
Commodity Futures NA
Commodity Options NA
Special Offer

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.

Special Offer: BlinkX - ₹799 Subscription Plan for 6 months with unlimited trading* (*T&C). Open Instant Account Now

Groww Vs BlinkX Brokerage Plan 2

  Groww BlinkX
Account Type Standard Plan 199 Subscription Plan (2 months)
Fixed Charges NA
Equity Delivery Rs 20 per executed order or 0.05% whichever is lower Rs 0 (Free)
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower Rs 0 (Free)
Equity Futures Rs 20 per executed order Rs 0 (Free)
Equity Options Rs 20 per executed order Rs 0 (Free)
Currency Futures NA Rs 0 (Free)
Currency Options NA Rs 0 (Free)
Commodity Futures NA
Commodity Options NA
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Groww Charges Vs BlinkX

Minimum Brokerage Rs 20 or 0.05% per executed order
Other Charges Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges NA Rs 0 (Free)

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Groww Vs BlinkX Transaction Charges

Groww transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) while BlinkX exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Groww BlinkX
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options (on premium) NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity NA
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Groww Vs BlinkX Leverage (Margin)

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

  Groww BlinkX
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up 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 Groww and BlinkX Features

The trading platforms offered Groww include Groww. BlinkX offers BlinkX - Online Trading App trading software.

  Groww BlinkX
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) No Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform Groww BlinkX - Online Trading App
Intraday Square-off Time 3:10 PM 3:10 PM
Trading In SME Shares Allowed? No
Referral Program
Other Features
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Groww Vs BlinkX Review

Groww is rated 3.9 of 5 based on 93 customer reviews whereas BlinkX is rated 3.6 of 5 based on 5 customer reviews.

  Groww BlinkX
  93 Customer Reviews    Rate Groww 5 Customer Reviews    Rate BlinkX
Fees 4.3 4.0
Brokerage 3.9 4.2
Trading Platform 3.9 3.2
Customer Service 3.6 3.8
Research Capabilities 3.2 3.6
Overall Ratings Rated 3.9 stars Rated 3.6 stars
Broker Rating Groww is rated 3.9 of 5 based on 93 customer reviews BlinkX is rated 3.6 of 5 based on 5 customer reviews

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Contact Broker / Request A Call Back

  Groww Enquire BlinkX Enquire
Contact Broker 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. BlinkX - ₹799 Subscription Plan for 6 months with unlimited trading* (*T&C). Open Instant Account Now

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Groww Vs BlinkX Investment Options

  Groww BlinkX
Stock / Equity Yes Yes
Commodity No No
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No
Debt Yes Yes
Other Investment Options Digital Gold, US Stocks, Fixed Deposits Equity SIP, Margin Funding

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Groww Vs BlinkX Order Type Offered

  Groww BlinkX
Bracket Order No No
Cover Order No No
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No No
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Groww Vs BlinkX Research Report

  Groww BlinkX
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes

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Groww Vs BlinkX Suitable For Investor Type

  Groww BlinkX
Casual Investor Yes
Active Investor
Trader

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Groww Vs BlinkX - Pros and Cons

  Groww BlinkX
Pros
  • Simple pricing model with low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Zero Account opening fee.
  • Zero Maintenance Charges.
  • Direct MF platform that helps you earn an extra 1.5% returns.
  • E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision.
  • Instant paperless account opening.
  • Online IPO application.
  • Inhouse Brokerage Calculator
  • Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline. 
  • 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.
  • Call and trade charges are free.
  • Live chat for Instant Assistance (24*7 support).
Cons
  • Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
  • Doesn't offer trading in SME shares.
  • No Call and Trade services.
  • Branch support not available.
  • Do not provide stock tips, research reports, or recommendations.
  • No Margin trading facility.
  • No Margin against shares.
  • Advanced order types like BO, CO, AMO, and GTT not available.
  • Trailling stop loss orders are not available in Groww app.
  • Do not offer NRI Trading.
  • 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

Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository.

Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds.

The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.

Promo / Offers

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.

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BlinkX Special Offer

BlinkX - ₹999 ₹799 Subscription Plan,

Enjoy unlimited trading* for 6 months (*T&C)

Interested in opening a trading account? Open Instant Account Now

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