"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 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.
Why 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.
Positives
- 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.
Needs Improvement
- 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
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| Year of Incorporation | 2022 |
| Products | Blinkx Mobile Trading app, BlinkX Wealth |
| Demat Services | Yes |
| Active Exchange Memberships | NSE, BSE |
| Website | https://blinkx.in/ |
| Contact Details | 022-45812222 |
| Total Number of Clients | 93,737 |
| Total Number of Branches | NIL |
Founded in 2022, BlinkX, led by JM Financial, is a modern platform providing a wide range of financial products and services. BlinkX offers various investment options including stocks, currencies, derivatives, IPOs, equity SIPs, mutual funds, and margin funding.
To enhance user experience, BlinkX has introduced two mobile apps: the BlinkX App for online trading and BlinkX Wealth, a holistic solution for financial wealth and health management. It's really easy to use, and the best part is, you can open an account with them for free for the first year. They also give you advice from experts for free.
One of the standout features of BlinkX is its unlimited trading plans, catering to different durations and trading needs. Blink X offers 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.
All plans enable customers to trade freely across NSE & BSE, NSE - F&O, and currency segments, making BlinkX an attractive option for cost-conscious traders.
Furthermore, BlinkX goes beyond traditional brokerage services by offering margin financing and leverage products such as Margin Intraday Square-off (MIS), augmenting users' trading capacity and flexibility.
BlinkX Account Opening Charges
BlinkX does not charge for online account opening for Trading & Demat Accounts. There are no AMC charges on the Trading and Demat account (First year Free), which means account opening and account maintenance with BlinkX is completely free
| Type | Account Opening (One Time) | Annual Maintenance Fees (Yearly) |
|---|---|---|
| BlinkX Trading Account | ₹0 | ₹0 |
| BlinkX Demat Account | ₹0 | ₹300(Free for 1st year) |
BlinkX Brokerage Plans
BlinkX has multiple unlimited trading plans, catering to different durations and trading needs. The plans are: 2-month plans starting from Rs 249, 6-month plans starting from Rs 599 and 12-month plans starting from Rs 899 All plans enable customers to trade freely across NSE & BSE, NSE - F&O, and currency segments, making BlinkX an attractive option for cost-conscious traders.
These plans include:
BlinkX ₹249 Subscription Plan
By Subscribing to this plan you would get zero brokerage (NSE & BSE, NSE - F&O and currency segments) for 2 months starting from Rs 249, No DP AMC (Depository Participants charges and Annual Maintenance Charges) for the first year, free research calls for F&O and cash segments, and no profile change charges.
| Segment | Charges |
|---|---|
| Monthly Plan | Rs 249 for 2 months |
| Equity Delivery | Free |
| Equity Intraday | Free |
| Equity Futures | Free |
| Equity Options | Free |
| Currency Futures | Free |
| Currency Options | Free |
| IPO Application | Free |
| Research Subscription Charges | Free |
| Buyback / OFS | Free |
BlinkX ₹599 Subscription Plan
By Subscribing to this plan you would get zero brokerage (NSE & BSE, NSE - F&O and currency segments) for 6 months starting from Rs 599, No DP AMC (Depository Participants charges and Annual Maintenance Charges) for the first year, free research calls for F&O and cash segments, and no profile change charges.
| Segment | Charges |
|---|---|
| Monthly Plan | Rs 599 for 6 months |
| Equity Delivery | Free |
| Equity Intraday | Free |
| Equity Futures | Free |
| Equity Options | Free |
| Currency Futures | Free |
| Currency Options | Free |
| IPO Application | Free |
| Research Subscription Charges | Free |
| Buyback / OFS | Free |
BlinkX ₹899 Subscription Plan
By Subscribing to this plan you would get zero brokerage (NSE & BSE, NSE - F&O and currency segments) for 12 months starting from Rs 899, No DP AMC (Depository Participants charges and Annual Maintenance Charges) for the first year, free research calls for F&O and cash segments, and no profile change charges.
| Segment | Charges |
|---|---|
| Monthly Plan | Rs 899 for 12 months |
| Equity Delivery | Free |
| Equity Intraday | Free |
| Equity Futures | Free |
| Equity Options | Free |
| Currency Futures | Free |
| Currency Options | Free |
| IPO Application | Free |
| Research Subscription Charges | Free |
| Buyback / OFS | Free |
BlinkX Subscription Plan Limit
BlinkX has put some limits to avoid misuse of these plans as shown below
| Segment | Limit |
|---|---|
| Cash Turnover | Rs 25 Cr/day |
| Future Turnover | Rs 50 Cr/day |
| Option lots | 10000 lots/day |
BlinkX Standard Brokerage Charges (Applicable on Non-Renewal of Subscription Plan)
If you fail to renew your subscription plan, Blinkx will charge its standard brokerage fees, which are far higher than the plan fees, so it is advisable to renew the plan on time.
| Segment | Charges |
|---|---|
| Equity Delivery | 0.25% |
| Equity Intraday | Free (MIS Product only) |
| Equity Futures | 0.01% for each leg of the Transaction on Both Side |
| Equity Options | Flat Rs. 20 per lot for each leg of Transaction on Both Side |
| Currency Futures | 0.01% for each leg of the Transaction on Both Side |
| Currency Options | Flat Rs. 20 per lot for each leg of Transaction on Both Side |
| SLBS | 10 % on Lending or Borrowing Fee |
| Mutual Fund | Free |
Note:
- The zero brokerage unlimited trading plan does not apply to MCX and BSE F&O segments.
- Unlimited trading will have a capping as mentioned in the subscription plan T&C.
- For Delivery based trades, a minimum of ₹0.01 will be charged per contract note.
- Clients who opt to receive physical contract notes will be charged ₹20 per contract note plus courier charges.
- Free investments are available only for retail individual clients. Companies, Partnerships, Trusts, and HUFs need to pay 0.1% or ₹20 (whichever is less) as delivery brokerage.
BlinkX Equity Delivery & Intraday Charges
Please find below BlinkX Brokerage charges for Delivery & Intraday Trades. BlinkX provides Delivery & Intraday trade both at Zero Brokerage by subscribing to their unlimited Trading Plan
| Charges | Equity Delivery | Equity Intraday |
|---|---|---|
| Brokerage | ₹0 (One time charges starting from ₹249 for 2 months; 6 & 12-month plans available) | ₹0 (One time charges starting from ₹249 for 2 months; 6 & 12-month plans available) |
| STT | 0.1% on both Buy & Sell | 0.025% on the Sell-side |
| Transaction / Turnover charges | 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) |
| SEBI Charges | 0.0001% (Rs 10/Crore) of the turnover | 0.0001% (Rs 10/Crore) of the turnover |
| GST | 18% on (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charges) |
| Stamp Duty | 0.015% or ₹1500 / crore on the buy side | 0.003% or ₹300 / crore on the buy side |
BlinkX F&O Brokerage Charges
Please find below the BlinkX Brokerage Charges list for Equity Futures & Equity Options. BlinkX provides Equity Future Trading and Options Trading at a Free Brokerage charge by subscribing to their unlimited Trading Plan.
| Charges | Equity Future | Equity Option |
|---|---|---|
| Brokerage | ₹0 (One time charges starting from ₹249 for 2 months; 6 & 12-month plans available) | ₹0 (One time charges starting from ₹249 for 2 months; 6 & 12-month plans available) |
| STT | 0.0125% on the Sell-side | 0.125% of the intrinsic value on options that are bought and exercised 0.0625% on the sell-side |
| Transaction / Turnover charges | NSE : 0.0019%, BSE ₹ 0 each on buy trade & sell trade | NSE: Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
| SEBI Charges | ₹ 10/Crore | ₹ 10/Crore |
| GST | 18% on (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charges) |
| Stamp Duty | 0.002% or Rs 200 / crore on the buy side | 0.003% or Rs 300 / crore on the buy side |
BlinkX Currency Trading Brokerage charges
Please find below BlinkX Brokerage Charges for Currency Future & Currency Options. BlinkX does not charge any brokerage for Currency Future and Options Trading by subscribing to their unlimited Trading Plan.
| Charges | Currency Future | Currency Option |
|---|---|---|
| Brokerage | ₹0 (One time charges starting from ₹249 for 2 months; 6 & 12-month plans available) | ₹0 (One time charges starting from ₹249 for 2 months; 6 & 12-month plans available) |
| STT | NA | NA |
| Transaction / Turnover charges | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) |
| SEBI Charges | 0.0001% (₹10/Crore) of the turnover | 0.0001% (₹10/Crore) of the turnover |
| GST | 18% on (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charges) |
| Stamp Duty | 0.0001% | 0.0001% |
BlinkX Margin Exposure
BlinkX margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. BlinkX F&O intraday trading margin is 1.3x across Equity, Currency, at BSE and NSE. There is no additional margin offered for BlinkX F&O carry forward positions and equity delivery trades.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value | 1X |
| Equity Intraday | Up to 20% of trade value | 5X |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure) | 1X |
BlinkX Call & Trade Charges
BlinkX users can call customer representatives to place orders in different segments. The agent will place the requested order on behalf of the client. The call and trade charges are Rs.50 + 18% GST per day for BlinkX users.
To use the call and trade features, users must confirm their account number and identity before placing an online order and fund the Demat account before placing the order.
BlinkX Online Demat & Trading Account Opening
BlinkX offers quick and paperless online account opening by eKYC and eSignature (Aadhar Card-based eSignature).
- Go to BlinkX website BlinkX website
- Enter your email ID and mobile number.
- Enter the OTP you have received via SMS.
- Enter your PAN number, DOB, your email id, and password.
- On the next page, enter your bank details as asked — Bank Name, Account Number, Branch, Bank Account Type, IFSC Code, and MICR code.
- Select Segment — NSE and BSE (Cash, F&O, and CDS), MCX F&O
- Select Plan & eSign
- Submit documents via Digi locker
- Upload a selfie & signature.
- E-sign the KRA and BlinkX account opening form digitally by entering your Aadhaar details and OTP.
BlinkX Demat Account Charges
All kinds of charges by BlinkX related to the Demat account are listed below.
| Particulars | Charges |
|---|---|
| Demat Account opening charges | Free |
| Annual Maintenance charges (AMC) | Rs 300/year + 18% GST charged quarterly (Free for 1st year). |
| Transaction charges (Debit) | Rs. 25 |
| Dematerialisation Courier charges | Rs. 100 |
| Dematerialisation Per certificate | Rs. 10 Minimum Rs. 50 |
| Rematerialisation | Rs. 20 per certificate, minimum Rs 50. (Rs.20 per 100 shares and part thereof) |
| Pledge Creation / Closure / Invocation | Rs.50 |
| Market Margin Pledge Creation / Closure / Invocation | Rs.25 |
| Lending / Borrowing | Rs.50 |
| Account Statements | Rs 20 per statement |
| Additional physical statements | Rs 50 per statement |
| KRA/CERSAI Charges | Rs 100 |
| Cheque Bounce Charges | 1% of the amount of the Cheque not cleared or Rs.500/- whichever is higher |
Final Thoughts about BlinkX
In conclusion, Blink X by JM Financials stands as a dependable platform for share trading, offering intuitive interfaces, comprehensive tools, and responsive customer support. Its flexible brokerage plans, including a Rs.599 unlimited trading option for six months and Rs.249 for 2 months and Rs.899 for 12 months, ensure cost-effectiveness for high-volume traders. With complimentary research and personalized dealer support, Blink X caters to both experienced investors and newcomers, making it an attractive choice for navigating the stock market with confidence.
BlinkX - Enjoy unlimited trading starting from Rs 249 for 2 months
6 and 12-month plans available.(*T&C)
Interested in opening a trading account? Open Instant Account Now
Frequently Asked Questions:
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1. How to open an account with BlinkX?
BlinkX offers quick and paperless online account opening by eKYC and eSignature (Aadhar Card-based eSignature).
- Go to BlinkX website BlinkX website
- Enter & verify your mobile number and email ID
- Enter PAN & link your bank account
- Select Plan & eSign
- Submit documents via Digi Locker.
- Esign the documents with an Aadhaar card
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2. What are the brokerage fees on BlinkX?
BlinkX offers multiple zero brokerage unlimited trading plans - 2-month plans starting from ₹249, 6-month plans starting from ₹599 and 12-month plans starting from ₹899. All plans enable customers to trade freely across NSE & BSE, NSE - F&O, and currency segments, making BlinkX an attractive option for cost-conscious traders.
These plans include:
- 2-Month Plans (starting from ₹249, free NSE & BSE, NSE - F&O, and currency trading)
- 6-Month Plans (starting from ₹599, free NSE & BSE, NSE - F&O, and currency trading)
- 12-Month Plans (starting from ₹899, free NSE & BSE, NSE - F&O, and currency trading)
Additionally, the company offers zero account opening and AMC charges for the initial year.
The Key features of BlinkX unlimited trading plans;
- Freedom from variable/fixed brokerage based on transactions for intraday, delivery, and all MTF trades.
- No brokerage charges for NSE F&O and currency trades.
- No Demat AMC for the first year.
- No minimum brokerage fee.
- Complimentary research calls for cash and F&O segments.
- Free profile modification.
- Transparency with no hidden charges.
- No charges for online RM support
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3. Does Blinkx offer research and analysis tools?
Yes, BlinkX offers you research and advisory services. The blinkX app gives you access to daily research calls, trading tips, and research reports on stocks, derivatives, and currencies. The broker provides you with both short-term and long-term investment ideas.
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4. Can I trade options on Blinkx?
Yes, BlinkX offers Options Trade at no extra cost than the subscription fees you have already paid.
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5. Does BlinkX offer Free Delivery Trading?
BlinkX's unlimited trading plans offer zero brokerage for delivery, intraday, IPOs, OFS, and buyback.
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6. Does BlinkX offer news updates and live market alerts for traders?
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8. What is AMC for BlinkX?
Demat accounts Annual Maintenance Charges (AMC) is Rs. 300 annually. However, BlinkX offers a waiver on AMC for the first year.
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9. Does BlinkX offers investment in Mutual Funds?
Yes, you can buy/sell Mutual Funds, BlinkX Wealth is the platform where they offer this facility. Investing in mutual funds through the BlinkX app is completely free as there are no transaction fees when you invest. Note: A demat management fee is charged every quarter. So you will be charged Rs 75 per quarter + GST.
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10. Do BlinkX provide margin funds?
Yes, BlinkX provides margin funding.
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