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Kotak Securities Vs BlinkX (Compare Kotak Securities and BlinkX)

Kotak Securities Ltd Logo

About Kotak Securities
Incorporated in 1994, Kotak Securities Ltd 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 direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one ... Know more about Kotak Securities 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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Kotak Securities Vs BlinkX

Incorporated in 1994, Kotak Securities 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. It has 0 branches across India.

  Kotak Securities BlinkX
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE
Year of Incorporation 1994 2022
Number of Branches 153 0
Open Kotak Securities AccountOpen BlinkX Account

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Kotak Securities Vs BlinkX Charges & AMC

Kotak Securities trading account opening charges is Rs 99 while BlinkX account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and BlinkX Demat Account AMC Charges is Rs 300 (Free for 1st year).

  Kotak Securities BlinkX
Trading Account Opening Charges Rs 99 Rs 0 (Free)
Trading Account AMC Charges Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 600 Rs 300 (Free for 1st year)

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Kotak Securities Vs BlinkX Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas BlinkX brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).

Account Type Kotak Securities Trade Free Plan BlinkX 799 Subscription Plan (6 months)
Fixed Charges
Equity Delivery 0.25% (Minimum Rs 20 per trade) Rs 0 (Free)
Equity Intraday Free Rs 0 (Free)
Equity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 0 (Free)
Equity Options Delivery: Rs 20 per trade | Intraday: Free Rs 0 (Free)
Currency Futures Delivery: Rs 20 per trade | Intraday: Free Rs 0 (Free)
Currency Options Delivery: Rs 20 per trade | Intraday: Free Rs 0 (Free)
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free
Commodity Options Delivery: Rs 20 per trade | Intraday: Free
Special Offer
Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now
Special Offer: BlinkX - ₹799 Subscription Plan for 6 months with unlimited trading* (*T&C). Open Instant Account Now

Kotak Securities Vs BlinkX Brokerage Plan 2

  Kotak Securities BlinkX
Account Type Dealer Assisted Plan 199 Subscription Plan (2 months)
Fixed Charges Rs 499 (One Time)
Equity Delivery 0.39% Rs 0 (Free)
Equity Intraday 0.039% Rs 0 (Free)
Equity Futures 0.039% Rs 0 (Free)
Equity Options Rs 39 per lot Rs 0 (Free)
Currency Futures Rs 9 per lot Rs 0 (Free)
Currency Options Rs 5 per lot Rs 0 (Free)
Commodity Futures 0.039%
Commodity Options Rs 39 per lot
Open Kotak Securities AccountOpen BlinkX Account

Kotak Securities Charges Vs BlinkX

Minimum Brokerage Rs 21 per executed order
Other Charges
Call & Trade Charges Rs 50 per call Rs 0 (Free)

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Kotak Securities Vs BlinkX Transaction Charges

Kotak Securities transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (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).

  Kotak Securities BlinkX
Equity Delivery NSE Rs 335 per Cr (0.00335%) | 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 335 per Cr (0.00335%) | 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 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) | 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 MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Commodity Options: MCX : 0.05% & 0 for NCDEX
Open Kotak Securities AccountOpen BlinkX Account

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Kotak Securities Vs BlinkX Leverage (Margin)

Kotak Securities 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.

  Kotak Securities 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 Kotak Securities AccountOpen BlinkX Account

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Compare Kotak Securities and BlinkX Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. BlinkX offers BlinkX - Online Trading App trading software.

  Kotak Securities BlinkX
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes 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) No Yes
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite BlinkX - Online Trading App
Intraday Square-off Time 3:10 PM
Trading In SME Shares Allowed?
Referral Program
Other Features 3-in-1 account
Open Kotak Securities AccountOpen BlinkX Account

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Kotak Securities Vs BlinkX Review

Kotak Securities is rated 2.4 of 5 based on 197 customer reviews whereas BlinkX is rated 3.6 of 5 based on 5 customer reviews.

  Kotak Securities BlinkX
  197 Customer Reviews    Rate Kotak Securities 5 Customer Reviews    Rate BlinkX
Fees 2.4 4.0
Brokerage 2.3 4.2
Trading Platform 3.2 3.2
Customer Service 2.8 3.8
Research Capabilities 2.7 3.6
Overall Ratings Rated 2.4 stars Rated 3.6 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 197 customer reviews BlinkX is rated 3.6 of 5 based on 5 customer reviews

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Contact Broker / Request A Call Back

  Kotak Securities Enquire BlinkX Enquire
Contact Broker Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now BlinkX - ₹799 Subscription Plan for 6 months with unlimited trading* (*T&C). Open Instant Account Now

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Kotak Securities Vs BlinkX Investment Options

  Kotak Securities 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 SIP, Margin Funding

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Kotak Securities Vs BlinkX Order Type Offered

  Kotak Securities BlinkX
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Open Kotak Securities AccountOpen BlinkX Account

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Kotak Securities Vs BlinkX Research Report

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

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Kotak Securities Vs BlinkX Suitable For Investor Type

  Kotak Securities BlinkX
Casual Investor Yes
Active Investor Yes
Trader

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Kotak Securities Vs BlinkX - Pros and Cons

  Kotak Securities BlinkX
Pros
  • Kotak Securities 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.
  • Call and trade charges are free.
  • Live chat for Instant Assistance (24*7 support).
Cons
  • High Equity delivery brokerage charges.
  • High demat AMC changes (Rs 66 per month).
  • Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox.
  • A widely advertised Zero Brokerage Plan is available only to investors up to the age of 30 years.
  • The customer has to pay a yearly plan subscription fee of Rs 499.
  • Very high brokerage in dealer-assisted brokerage plan.
  • 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 Securities Special Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage-Free Intraday trades (Equity and F&O).
  • Flat Rs. 20 per trade brokerage in F&O

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 Kotak Securities AccountOpen BlinkX Account

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