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BlinkX vs IIFL (Compare BlinkX and IIFL)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between BlinkX vs IIFL, Below comparison of BlinkX vs IIFL highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of BlinkX vs IIFL is given below:

BlinkX IIFL
About The Brokers
BlinkX :

"Blink X is an excellent share trading platform offered by JM Financials for the needs of both novice and experienced traders. Blink X offers multiple 0-brokerage plan   >>> more

IIFL :

"IIFL is the renowned stockbroker who provides various financial products to its customers at nominal brokerage. They have an excellent online presence and protect you   >>> more

Find More Information about the Broker :
BlinkX :
OVERVIEW RATING BROKERAGE TRADING PLATFORM & TOOLS PRODUCTS & SERVICES
IIFL :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
BlinkX :
 Discount Broker
IIFL :
 Full Service Broker
Promo/offers
BlinkX :
Special Offer: BlinkX - Rs 249 Subscription Plan for 2 months with unlimited trading* (*T&C). Open Instant Account Now
IIFL :
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
Advantage
BlinkX :
  • Offering Unlimited Trading Plans.
  • No Account Opening Charges by BlinkX.
  • Free Demat AMC for the first Year.
  • Free access to award-winning research and advisory.
  • Completely digital onboarding Process.
  • Transparent Pricing, No Hidden Charges.
  • There are no charges for online RM support.
IIFL :
  • Offer online IPO and Equity SIP
  • 1900+ branches all over India & have a global presence
  • Trading facility to NRIs is provided
  • Provide multiple broking plans
  • IIFL Trade terminal is one of the best trading terminal in India
  • Offer Commodity Trading & Investment facility in Mutual funds & IPO
Disadvantage
BlinkX :
  •  BlinkX doesn't offer a 3-in-1 account.
  •  No installable trading terminal, only has a Mobile trading application.
  •  Does not have the facility to invest in direct mutual funds
  •  Bracket orders (BO), cover orders (CO), and GTT orders are not offered by BlinkX.
  •  Good Till Cancelled (GTC) and Good Till Date/Time (GTD) are not available in the Equity Segment
  •  Unlimited trading is not available on the commodity and BSE F&O trading segment
IIFL :
  • Scope improvement is there in customer support.
  • Provides only 2-in-1 account facility
  • Less transparency in brokerage plans
  • High brokerage.
  • Minimum Brokerage charges
Why This
BlinkX :
  • Multiple 0-brokerage plans for unlimited trading- 2-month plans starting from Rs 249, 6-month plans starting from Rs 599 and 12-month plans starting from Rs 899.
  • 100% paperless online Demat account opening.
  • Free account opening No AMC for first-year.
  • Smart recommendations with AI and ML-powered screeners.
  • BlinkX is an initiative by JM Financial Services Ltd.
  • BlinkX prioritises security, implementing robust encryption protocols to safeguard user data and transactions.
  • No minimum brokerage fee.
  • One-stop marketplace: Equity, Currency, Mutual Funds, Derivatives, Buyback, OFS, IPO, and Margin Funding.
  • Dedicated Research Backed by an in-depth research team.
  • Can invest in US Securities with Blink X.
  • Transparent plans and pricing.
IIFL :
  • Full-service broker who provide 2-in-1 On-line trading account to Indian as well as NRIs present all over the world.
  • Provide IPO service and equity SIP also
  • Amongst top 10 stock brokers in India
  • Best rated mobile Trading Platforms with >1.9m download.
  • Have branches all over India. Approx 1900+ Branches
  • They provide multiple brokerage plans
  • All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O
  • Offer NRI Trading.
Open Account Open Account

BlinkX vs IIFL Account Opening & AMC Charges

BlinkX Trading Account Opening Fee is Rs 0 (Free) and IIFL Trading Account Opening Fee is Rs 0 (Free) . BlinkX Demat Account AMC is Rs 300 (Free for 1st year) and IIFL Demat Account AMC is Rs 250 (Free for 1st year) .

BlinkX IIFL
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee :

Rs 0

Demat Account AMC Demat Account AMC :

Rs 300 (Free for 1st year)

Demat Account AMC :

Rs 250 (Free for 1st year)

Trading Account AMC Trading Account AMC :

Rs 0 (Free)

Trading Account AMC :

Rs 0

Open Account Open Account

BlinkX vs IIFL Brokerage Charges

BlinkX Brokerage Charges Equity Delivery is Free and Equity Intraday is Free and Equity Options is Free . IIFL Brokerage Charges Equity Delivery is Rs 20 per order and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order .

BlinkX IIFL
Plan Name Plan Name :

599 Subscription Plan (6 months)

Plan Name :

249 Subscription Plan (2 months)

Plan Name :

Rs 899 Subscription Plan (12 months)

Plan Name :

Standard Plan

Equity Delivery Equity Delivery :

Free

Equity Delivery :

Free

Equity Delivery :

Free

Equity Delivery :

Rs 20 per order

Equity Intraday Equity Intraday :

Free

Equity Intraday :

Free

Equity Intraday :

Free

Equity Intraday :

Rs 20 per order

Equity Future Equity Future :

Free

Equity Future :

Free

Equity Future :

Free

Equity Future :

Rs 20 per order

Equity Options Equity Options :

Free

Equity Options :

Free

Equity Options :

Free

Equity Options :

Rs 20 per order

Currency Futures Currency Futures :

Free

Currency Futures :

Free

Currency Futures :

Free

Currency Futures :

Rs 20 per order

Currency Options Currency Options :

Free

Currency Options :

Free

Currency Options :

Free

Currency Options :

Rs 20 per order

Monthly Fee Monthly Fee :

Rs 599 for 6 months

Monthly Fee :

Rs 249 for 2 months

Monthly Fee :

Rs 899 for 12 months

Monthly Fee :

NA

Margin Trading Margin Trading : - Margin Trading : - Margin Trading : - Margin Trading : -
Commodity Futures Commodity Futures :

NA

Commodity Futures :

NA

Commodity Futures :

NA

Commodity Futures :

Rs 20 per order

Commodity Options Commodity Options :

NA

Commodity Options :

NA

Commodity Options :

NA

Commodity Options :

Rs 20 per order

Open Account Open Account

BlinkX vs IIFL Exchange Transaction Charges

BlinkX Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . IIFL Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) .

BlinkX IIFL
Equity Delivery Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)

Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)

Equity Intraday Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)

Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)

Equity Future * Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 0

Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 0

Equity Options * Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)

Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)

Currency Futures * Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)

Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)

Currency Options Currency Options :

NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)

Currency Options :

NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)

Commodity Commodity :

NA

Commodity :

Group A - Rs 280 per Cr (0.0028%)

Open Account Open Account

BlinkX vs IIFL Other Charges

BlinkX Minimum Brokerage is ₹0.01 and . IIFL and Call & Trade is Rs 50 per call .

BlinkX IIFL
Minimum Brokerage Minimum Brokerage :

₹0.01

Minimum Brokerage : -
Call & Trade Call & Trade : - Call & Trade :

Rs 50 per call

Stamp Duty * Stamp Duty :

Delivery: 0.015%, Intraday: 0.003%,

Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹25

DP Charges (on sell side) :

0.04% (minimum ₹25 per debit transaction)

Other Miscellaneous Charges Other Miscellaneous Charges :

Dematerialisation Courier charges : ₹25

Other Miscellaneous Charges :

Advisory SMS - Rs 50 per month

Open Account Open Account

BlinkX vs IIFL Features

BlinkX and IIFL both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

BlinkX IIFL
Trading Platform Trading Platform :

BlinkX - Online Trading App

Trading Platform :

IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App

Placing orders through charts Placing orders through charts : - Placing orders through charts :

No

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

No

Research and Advice / Trading Tips Research and Advice / Trading Tips :

Yes

Research and Advice / Trading Tips : -
Detailed Education Initiatives Detailed Education Initiatives :

Yes

Detailed Education Initiatives :

Yes

Unique features & Offers Unique features & Offers :

Brokerage plans, Zero Brokerage Trading Account, Research and Recommendations, Amazing watchlist, Buy and sell in a single swipe, and Create your strategy.

Unique features & Offers : -
Referral Program Referral Program : - Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

Yes

Margin Against Shares (Equity F&O) :

No

Open Account Open Account

BlinkX vs IIFL Demat Account Charges

A comparative table of various demat account charges between BlinkX and IIFL is below:

BlinkX IIFL
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Rs 0

Account Opening Fee :

₹0 (free)

Advance Deposit Advance Deposit :

Rs 0

Advance Deposit :

₹0

AMC AMC :

Rs 300 (Free for 1st year)

AMC :

₹250 (free for 1st year)

Dematerialisation Charges Dematerialisation Charges :

Rs. 10 Minimum Rs. 50

Dematerialisation Charges :

₹15 per certificate

Rematerialisation Charges Rematerialisation Charges :

Rs. 20 per certificate, minimum Rs 50

Rematerialisation Charges :

₹15 per certificate

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

Rs 25

Transaction Charges (debit) :

₹25 per debit transaction

Pledge Creation Charges Pledge Creation Charges :

Rs.50

Pledge Creation Charges :

₹10

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Rs.50

Pledge Creation Confirmation Charges :

₹0

Pledge Invocation Charges Pledge Invocation Charges :

Rs.50

Pledge Invocation Charges :

₹15

Failed Instruction Charges Failed Instruction Charges : - Failed Instruction Charges : -
Other Charges Other Charges :

Physical Client Master Report Charges Rs 100.

Other Charges :

Conversion of MF units: ₹0, Reconversion of MF units: ₹0, Courier Charges: ₹100 per request

Open Account Open Account

BlinkX vs IIFL Basic Details

BlinkX Year of Incorporation is 2022 and Total Number of Clients is 93737 and Total Number of Branches is NIL . IIFL Year of Incorporation is 1996 and Total Number of Clients is 437829 and Total Number of Branches is 900 .

BlinkX IIFL
Year of Incorporation Year of Incorporation :

2022

Year of Incorporation :

1996

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE

Active Exchange Memberships :

NSE, BSE, MCX, and NCDEX

Demat Services Demat Services :

Yes

Demat Services :

Yes

Website Website : https://blinkx.in/ Website : https://www.indiainfoline.com
Contact Details Contact Details :

022-45812222

Contact Details :

022-400710000

Total Number of Clients Total Number of Clients :

93,737

Total Number of Clients :

437,829

Total Number of Branches Total Number of Branches :

NIL

Total Number of Branches :

900

Products * Products :

Blinkx Mobile Trading app, BlinkX Wealth

Products :

Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution, currency and commodity broking

Open Account Open Account

BlinkX vs IIFL Orders

Orders

BlinkX IIFL
Cover Orders (CO) Cover Orders (CO) :

No

Cover Orders (CO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

No

Bracket orders / One Cancels Other (BO / OCO) :

Yes

After Market Orders (AMO) After Market Orders (AMO) :

Yes

After Market Orders (AMO) :

Yes

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

Yes

Sell Today Buy Tomorrow (STBT) :

Yes

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

Yes

Open Account Open Account

BlinkX vs IIFL Research and Advice / Trading Tips

Research and Advice / Trading Tips

BlinkX IIFL
Equity Trading Recommendation * Equity Trading Recommendation :

Yes

Equity Trading Recommendation :

Yes

Equity Investment Recommendation * Equity Investment Recommendation :

Yes

Equity Investment Recommendation :

Yes

Recommendation basis risk Profile * Recommendation basis risk Profile :

NA

Recommendation basis risk Profile :

Yes

Comparison * Comparison :

Yes

Comparison :

Yes

Free Tips * Free Tips :

Yes

Free Tips :

Yes

Daily Market report * Daily Market report :

Yes

Daily Market report :

Yes

ETF research * ETF research :

No

ETF research :

Yes

Quarterly Results * Quarterly Results :

Yes

Quarterly Results :

Yes

Open Account Open Account

BlinkX vs IIFL Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

BlinkX IIFL
Availability for franchisee / AP Availability for franchisee / AP :

NA

Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP :

NA

Investment required for Franchisee / AP :

Rs.75,000 to Rs.2,00,000

Open Account Open Account

BlinkX vs IIFL Product & Services

BlinkX and IIFL both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

BlinkX IIFL
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

Yes

Margin Trading :

Yes

Call N Trade * Call N Trade :

Yes

Call N Trade :

Yes

Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges :

Yes

Limit Order * Limit Order :

Yes

Limit Order :

Yes

3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account :

No

NRI Services * NRI Services :

No

NRI Services :

Yes

SMS Alerts * SMS Alerts :

Yes

SMS Alerts :

Yes

Offers Multiple Plan * Offers Multiple Plan :

Yes

Offers Multiple Plan :

Yes

IPO Investment * IPO Investment :

Yes

IPO Investment :

Yes

Portfolio Analysis * Portfolio Analysis :

Yes

Portfolio Analysis :

Yes

Advanced Charting Features * Advanced Charting Features :

Yes

Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator :

No

Margin Calculator * Margin Calculator :

Yes

Margin Calculator :

No

Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss : - Bracket Orders & Trailing Stop Loss :

Yes

Equity Future & Option Trading * Equity Future & Option Trading :

Yes

Equity Future & Option Trading :

Yes

Currency Future & Option Trading * Currency Future & Option Trading :

Yes

Currency Future & Option Trading :

Yes

Market Trading * Market Trading :

Yes

Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan :

Yes (Monthy plans only)

Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading :

NA

Aumtomated Trading :

No

Open Account Open Account

BlinkX vs IIFL Customer Services

BlinkX and IIFL both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

BlinkX IIFL
Toll Free Number * Toll Free Number :

NA

Toll Free Number :

No

Live Chat Facility * Live Chat Facility :

Yes

Live Chat Facility :

No

Email Facility * Email Facility :

Yes

Email Facility :

Yes

Branch Offices * Branch Offices :

NA

Branch Offices :

Yes

Customer Care * Customer Care :

Yes

Customer Care :

Yes

Community Service * Community Service :

NA

Community Service :

Yes

Relationship Manager * Relationship Manager :

Yes

Relationship Manager : -
24/7 Support * 24/7 Support :

No

24/7 Support :

No

Open Account Open Account

BlinkX vs IIFL Other Investement

BlinkX and IIFL both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

BlinkX IIFL
Commodity Trading * Commodity Trading :

NA

Commodity Trading :

Yes

Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds :

Yes

Investment in Bonds :

Yes

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

Yes

Investment in Corporate Debt instruments :

Yes

Insurance Services * Insurance Services :

No

Insurance Services :

Yes

Banking Services * Banking Services :

No

Banking Services :

No

Open Account Open Account

BlinkX vs IIFL Trading Platform

BlinkX and IIFL both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

BlinkX IIFL
Web Platform * Web Platform :

No

Web Platform :

Yes

Android Mobile App * Android Mobile App :

Yes

Android Mobile App :

Yes

Desktop Windows * Desktop Windows :

No

Desktop Windows :

Yes

Desktop Mac * Desktop Mac :

NO

Desktop Mac :

No

I-Pad App * I-Pad App :

Yes

I-Pad App :

Yes

Virtual Trading * Virtual Trading :

No

Virtual Trading : -
iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

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