BlinkX vs Groww – Compare Charges, Trading Features, Offers & more

Find a Comparison of BlinkX vs Groww here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of BlinkX and Groww.

Background

Year of Incorporation 2022 2017
Website https://blinkx.in/ https://groww.in/
Phone +91-9240250411 +91 9108800604
Exchanges enabled BSE, NSE, NCDEX, MCX NSE, BSE, MCX & NCDEX
Demat (NSDL/CDSL) NSDL & CDSL NSDL
Brokerage

Equity Zero Rs 20 or 0.05% per order
Equity Futures Zero Rs 20 per executed order
Equity Options Zero Rs 20 per executed order
Currency Futures Zero Not Available
Currency Options Zero Not Available
Commodity Zero Not Available
Account Opening Costs

Trading only Free Free
Trading & Demat Rs 300 (for 1st Year) Rs. 0
Commodity Rs. 300 Rs. 0
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% on both sides 0.00325%
Futures 0.0019% on both sides 0.0035%
Options 0.05% on both sides 0.07%
Commodities 0.0026% on both sides 0.004%
AMC charge Rs. 300 for 1st Year Rs 0
DP Transaction Charge Rs 25 per Debit Transaction Rs.13.5 per Scrip
Offline order placing Charge Rs 20 per executed order Rs 25
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 22 days
End of Day 5 Years 10 days
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 5x on Intraday 1x on Delivery & upto 5x on Intraday
Equity Futures 1x Upto 2x for intraday
Equity Options 1x No leverage
Currency Futures 1x Upto 2x for intraday
Currency Options 1x No leverage
Commodity 1x Upto 2x for intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Not Available Rs 70.6 crores
Profit after Tax FY12/13 Not Available Rs 70.48 crores
Profit after Tax FY13/14 Not Available Rs 73.78 Crore
Profit after Tax FY 14/15 Not Available Rs 75.92 Crore
Profit after Tax FY 15/16 Not Available Rs 82.85 Crore
Profit after Tax FY 16/17 Not Available Rs 90.11 Crore
Profit after Tax FY 17/18 Not Available Rs 106.09 Crore
Profit after Tax FY 18/19 Not Available Rs 115.68 Crore
Profit after Tax FY 19/20 Not Available Rs 120.61 Crore
Profit after Tax FY 20/21 Not Available Rs 141.70 Crore
Profit after Tax FY 21/22 Rs 28 Crores Rs 244.93 Crore
Profit after Tax FY 22/23 Rs 33 Crores Rs 205.65 Crore
Debt FY11/12 Not Available Rs 51 Crores
Debt FY12/13 Not Available Rs 41.5 Crores
Debt FY13/14 Not Available Rs 42.93 Crores
Debt FY14/15 Not Available Rs 49.48 Crores
Debt FY15/16 Not Available Rs 41.73 Crores
Debt FY16/17 Not Available Rs 54.26 Crores
Debt FY17/18 Not Available Rs 69.77 Crores
Debt FY18/19 Not Available Rs 57.16 Crores
Debt FY19/20 Not Available Rs 51.39 Crores
Debt FY20/21 Not Available Rs 57.47 Crores
Debt FY21/22 Rs 28.52 Lakhs Rs 77.59 Crores
Debt FY22/23 Rs 36.75 Lakhs Rs 80.11 Crores
Profit to Equity(%) FY11/12 Not Available 12.90%
Profit to Equity(%) FY12/13 Not Available 12.38%
Profit to Equity(%) FY13/14 Not Available 14.86%
Profit to Equity(%) FY14/15 Not Available 17.05%
Profit to Equity(%) FY15/16 Not Available 14.29%
Profit to Equity(%) FY16/17 Not Available 19.11%
Profit to Equity(%) FY17/18 Not Available 21.51%
Profit to Equity(%) FY18/19 Not Available 18.17%
Profit to Equity(%) FY19/20 Not Available 14.49%
Profit to Equity(%) FY20/21 Not Available 18.46%
Profit to Equity(%) FY21/22 20.39% 14.70%
Profit to Equity(%) FY22/23 24.85% 25.75%
Balance Sheet Size FY11/12 Not Available Rs 2264 Crores
Balance Sheet Size FY12/13 Not Available Rs 2596.15 Crores
Balance Sheet Size FY13/14 Not Available Rs 2803.40 Crores
Balance Sheet Size FY14/15 Not Available Rs 2936.36 Crores
Balance Sheet Size FY15/16 Not Available Rs 3133.57 Crores
Balance Sheet Size FY16/17 Not Available Rs 3544.52 Crores
Balance Sheet Size FY17/18 Not Available Rs 3952.01 Crores
Balance Sheet Size FY18/19 Not Available Rs 4280.32 Crores
Balance Sheet Size FY19/20 Not Available Rs 4476 Crores
Balance Sheet Size FY20/21 Not Available Rs 4627 Crores
Balance Sheet Size FY21/22 Rs 618.35 Crores Rs 5184.35 Crores
Balance Sheet Size FY22/23 Rs 694.18 Crores Rs 5994.78 Crores

Comparison Link:

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Frequently Asked Questions

Is BlinkX better than Groww ?

BlinkX and Groww are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Groww better than BlinkX ?

BlinkX and Groww are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is BlinkX cheaper than Groww ?

BlinkX and Groww are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Groww cheaper than BlinkX ?

BlinkX and Groww are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better BlinkX vs. Groww ?

To find out the better of the two stockbrokers BlinkX and Groww, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.