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ICICIdirect Vs BlinkX (Compare ICICIdirect and BlinkX)

ICICI Securities Pvt Ltd. Logo

About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc. ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tradin... Know more about ICICI Securities 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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ICICIdirect Vs BlinkX

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2022, BlinkX is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.

  ICICIdirect BlinkX
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE
Year of Incorporation 2000 2022
Number of Branches 154 0
Open ICICIdirect AccountOpen BlinkX Account

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ICICIdirect Vs BlinkX Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while BlinkX account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and BlinkX Demat Account AMC Charges is Rs 300 (Free for 1st year).

  ICICIdirect BlinkX
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 300 (from 2nd year) Rs 300 (Free for 1st year)

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ICICIdirect Vs BlinkX Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas BlinkX brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).

Account Type ICICIdirect ICICI Neo Plan BlinkX 799 Subscription Plan (6 months)
Fixed Charges NA
Equity Delivery 0.55% Rs 0 (Free)
Equity Intraday Rs 20 per order Rs 0 (Free)
Equity Futures Rs 0 (Free) Rs 0 (Free)
Equity Options Rs 20 per order Rs 0 (Free)
Currency Futures Rs 20 per order Rs 0 (Free)
Currency Options Rs 20 per order Rs 0 (Free)
Commodity Futures Rs 20 per order
Commodity Options Rs 20 per order
Special Offer
Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
Special Offer: BlinkX - ₹799 Subscription Plan for 6 months with unlimited trading* (*T&C). Open Instant Account Now

ICICIdirect Vs BlinkX Brokerage Plan 2

  ICICIdirect BlinkX
Account Type I-Secure Plan 199 Subscription Plan (2 months)
Fixed Charges NA
Equity Delivery 0.55% Rs 0 (Free)
Equity Intraday 0.275% Rs 0 (Free)
Equity Futures 0.05% Rs 0 (Free)
Equity Options Rs 95 per lot Rs 0 (Free)
Currency Futures Rs 20 per order Rs 0 (Free)
Currency Options Rs 20 per order Rs 0 (Free)
Commodity Futures Rs 20 per order
Commodity Options Rs 20 per order
Open ICICIdirect AccountOpen BlinkX Account

ICICIdirect Charges Vs BlinkX

Minimum Brokerage Rs 35 per trade (I-Secure Plan)
Other Charges Margin Trading Interest: 0.025% Per day
Call & Trade Charges Rs 50 per trade Rs 0 (Free)

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ICICIdirect Vs BlinkX Transaction Charges

ICICIdirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (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).

  ICICIdirect 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 3700 per Cr (0.037%) (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%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Group A - Rs 260 per Cr (0.0026%)
Open ICICIdirect AccountOpen BlinkX Account

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ICICIdirect Vs BlinkX Leverage (Margin)

ICICIdirect 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.

  ICICIdirect 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)
Open ICICIdirect AccountOpen BlinkX Account

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Compare ICICIdirect and BlinkX Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. BlinkX offers BlinkX - Online Trading App trading software.

  ICICIdirect BlinkX
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App BlinkX - Online Trading App
Intraday Square-off Time 3:30 PM 3:10 PM
Trading In SME Shares Allowed?
Referral Program
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Open ICICIdirect AccountOpen BlinkX Account

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ICICIdirect Vs BlinkX Review

ICICIdirect is rated 2.3 of 5 based on 480 customer reviews whereas BlinkX is rated 3.6 of 5 based on 5 customer reviews.

  ICICIdirect BlinkX
  480 Customer Reviews    Rate ICICIdirect 5 Customer Reviews    Rate BlinkX
Fees 2.2 4.0
Brokerage 1.7 4.2
Trading Platform 3.3 3.2
Customer Service 2.6 3.8
Research Capabilities 2.9 3.6
Overall Ratings Rated 2.3 stars Rated 3.6 stars
Broker Rating ICICIdirect is rated 2.3 of 5 based on 480 customer reviews BlinkX is rated 3.6 of 5 based on 5 customer reviews

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Contact Broker / Request A Call Back

  ICICIdirect Enquire BlinkX Enquire
Contact Broker ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now BlinkX - ₹799 Subscription Plan for 6 months with unlimited trading* (*T&C). Open Instant Account Now

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ICICIdirect Vs BlinkX Investment Options

  ICICIdirect BlinkX
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes
Debt Yes Yes
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS Equity SIP, Margin Funding

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ICICIdirect Vs BlinkX Order Type Offered

  ICICIdirect BlinkX
Bracket Order No No
Cover Order Yes 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) Yes No
Open ICICIdirect AccountOpen BlinkX Account

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ICICIdirect Vs BlinkX Research Report

  ICICIdirect BlinkX
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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ICICIdirect Vs BlinkX Suitable For Investor Type

  ICICIdirect BlinkX
Casual Investor Yes
Active Investor
Trader

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ICICIdirect Vs BlinkX - Pros and Cons

  ICICIdirect BlinkX
Pros
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.
  • 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
  • ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
  • Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hours of trading.
  • Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
  • Demat Account is mandatory.
  • Call & trade cost extra Rs 50 per trade in Neo/Prime Plans.
  • 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

ICICIdirect Special Offer

ICICIdirect Neo Plan (Discount Brokerage)

Open a 3-in-1 account with Neo Plan for:

  • Free Account Opening
  • Brokerage-Free Equity Futures trading
  • Flat Rs. 20 per trade brokerage in Options, Currency F&O and Commodity futures in BSE, NSE and MCX
  • Free trading tips
  • Get funds in your bank account in just 5 minutes of selling stocks

Interested in opening a trading account? Open Instant Account Now

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

Open ICICIdirect AccountOpen BlinkX Account

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