BlinkX vs Punch Trade – Compare Charges, Trading Features, Offers & more

Find a Comparison of BlinkX vs Punch Trade 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 Punch Trade.

Background

Year of Incorporation 2022 2016
Website https://blinkx.in/ https://www.punch.trade/
Phone +91-9240250411 +91-7948222271
Exchanges enabled BSE, NSE, NCDEX, MCX BSE, NSE, MCX
Demat (NSDL/CDSL) NSDL & CDSL CDSL
Brokerage

Equity Zero Rs 20 or 0.03% per executed order
Equity Futures Zero Rs 20 per executed order
Equity Options Zero Rs 20 per executed order
Currency Futures Zero Rs 20 per executed order
Currency Options Zero Rs 20 per executed order
Commodity Zero Rs 20 per executed order
Account Opening Costs

Trading only Free Free
Trading & Demat Rs 300 (for 1st Year) Free
Commodity Rs. 300 Free
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% of Turnover
Futures 0.0019% on both sides 0.0019% of Turnover
Options 0.05% on both sides 0.05% of Turnover
Commodities 0.0026% on both sides 0.03% of Turnover
AMC charge Rs. 300 for 1st Year Rs 300 per annum
DP Transaction Charge Rs 25 per Debit Transaction Rs 25 per Debit Transaction
Offline order placing Charge Rs 20 per executed order Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 7 Days
End of Day 5 Years 5 Years
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 2x for intraday
Equity Options 1x Upto 2x for Intraday
Currency Futures 1x Upto 2x for intraday
Currency Options 1x Upto 2x for Intraday
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 Not Available
Profit after Tax FY12/13 Not Available Not Available
Profit after Tax FY13/14 Not Available Not Available
Profit after Tax FY 14/15 Not Available Not Available
Profit after Tax FY 15/16 Not Available Not Available
Profit after Tax FY 16/17 Not Available Rs 17 Lakhs
Profit after Tax FY 17/18 Not Available Rs 27 Lakhs
Profit after Tax FY 18/19 Not Available Rs 35 Lakhs
Profit after Tax FY 19/20 Not Available Rs 42 Lakhs
Profit after Tax FY 20/21 Not Available Rs 46 Lakhs
Profit after Tax FY 21/22 Rs 28 Crores Rs 61 Lakhs
Profit after Tax FY 22/23 Rs 33 Crores Rs 75 Lakhs
Debt FY11/12 Not Available Not Available
Debt FY12/13 Not Available Not Available
Debt FY13/14 Not Available Not Available
Debt FY14/15 Not Available Not Available
Debt FY15/16 Not Available Not Available
Debt FY16/17 Not Available Rs 12.22 Lakhs
Debt FY17/18 Not Available Rs 18.64 Lakhs
Debt FY18/19 Not Available Rs 26.79 Lakhs
Debt FY19/20 Not Available Rs 33.82 Lakhs
Debt FY20/21 Not Available Rs 39.47 Lakhs
Debt FY21/22 Rs 28.52 Lakhs Rs 48.58 Lakhs
Debt FY22/23 Rs 36.75 Lakhs Rs 52.22 Lakhs
Profit to Equity(%) FY11/12 Not Available Not Available
Profit to Equity(%) FY12/13 Not Available Not Available
Profit to Equity(%) FY13/14 Not Available Not Available
Profit to Equity(%) FY14/15 Not Available Not Available
Profit to Equity(%) FY15/16 Not Available Not Available
Profit to Equity(%) FY16/17 Not Available 6.49%
Profit to Equity(%) FY17/18 Not Available 7.22%
Profit to Equity(%) FY18/19 Not Available 8.53%
Profit to Equity(%) FY19/20 Not Available 8.09%
Profit to Equity(%) FY20/21 Not Available 10.46%
Profit to Equity(%) FY21/22 20.39% 11.35%
Profit to Equity(%) FY22/23 24.85% 14.95%
Balance Sheet Size FY11/12 Not Available Not Available
Balance Sheet Size FY12/13 Not Available Not Available
Balance Sheet Size FY13/14 Not Available Not Available
Balance Sheet Size FY14/15 Not Available Not Available
Balance Sheet Size FY15/16 Not Available Not Available
Balance Sheet Size FY16/17 Not Available Rs 155 Lakhs
Balance Sheet Size FY17/18 Not Available Rs 170 Lakhs
Balance Sheet Size FY18/19 Not Available Rs 173 Lakhs
Balance Sheet Size FY19/20 Not Available Rs 188 Lakhs
Balance Sheet Size FY20/21 Not Available Rs 195 Lakhs
Balance Sheet Size FY21/22 Rs 618.35 Crores Rs 205 Lakhs
Balance Sheet Size FY22/23 Rs 694.18 Crores Rs 225 Lakhs

Comparison Link:

Compare BlinkX Compare Punch Trade
BlinkX Vs Lemonn Punch Trade Vs Lemonn
BlinkX Vs Mandot Securities Punch Trade Vs Mandot Securities
BlinkX Vs HDFC Sky Punch Trade Vs HDFC Sky
BlinkX Vs Dhan Punch Trade Vs Dhan
BlinkX Vs Goodwill Wealth Punch Trade Vs Goodwill Wealth
BlinkX Vs Shoonya by Finvasia Punch Trade Vs Shoonya by Finvasia
BlinkX Vs NJ Wealth Punch Trade Vs NJ Wealth
BlinkX Vs Paytm Money Punch Trade Vs Paytm Money
BlinkX Vs Globe Capital Punch Trade Vs Globe Capital
BlinkX Vs Finvasia Punch Trade Vs Finvasia
BlinkX Vs Cholamandalam Securities Punch Trade Vs Cholamandalam Securities
BlinkX Vs Canara Bank Punch Trade Vs Canara Bank
BlinkX Vs Axis Direct Punch Trade Vs Axis Direct
BlinkX Vs Alice Blue Punch Trade Vs Alice Blue
BlinkX Vs 5Paisa Punch Trade Vs 5Paisa
BlinkX Vs M.stock Punch Trade Vs M.stock
BlinkX Vs WisdomCapital Punch Trade Vs WisdomCapital
BlinkX Vs Way2wealth Punch Trade Vs Way2wealth
BlinkX Vs Ventura Securities Punch Trade Vs Ventura Securities
BlinkX Vs Navia Markets Ltd Punch Trade Vs Navia Markets Ltd
BlinkX Vs Tradejini Punch Trade Vs Tradejini
BlinkX Vs Tata Securities Punch Trade Vs Tata Securities
BlinkX Vs Swastika Investmart Punch Trade Vs Swastika Investmart
BlinkX Vs SMC Global Punch Trade Vs SMC Global
BlinkX Vs SBICAP Securities Punch Trade Vs SBICAP Securities
BlinkX Vs SASOnline Punch Trade Vs SASOnline
BlinkX Vs Samco securities Punch Trade Vs Samco securities
BlinkX Vs RK Global Punch Trade Vs RK Global
BlinkX Vs Reliance Securities Punch Trade Vs Reliance Securities
BlinkX Vs Nirmal Bang Punch Trade Vs Nirmal Bang
BlinkX Vs Master Trust Capital Punch Trade Vs Master Trust Capital
BlinkX Vs Kotak Securities Punch Trade Vs Kotak Securities
BlinkX Vs Interactive Brokers Punch Trade Vs Interactive Brokers
BlinkX Vs IIFL Securities Punch Trade Vs IIFL Securities
BlinkX Vs Dhani Punch Trade Vs Dhani
BlinkX Vs IDBI Capital Punch Trade Vs IDBI Capital
BlinkX Vs HDFC Securities Punch Trade Vs HDFC Securities
BlinkX Vs Geojit Punch Trade Vs Geojit
BlinkX Vs Fyers Securities Punch Trade Vs Fyers Securities
BlinkX Vs Edelweiss Capital Punch Trade Vs Edelweiss Capital
BlinkX Vs Easytradez Punch Trade Vs Easytradez
BlinkX Vs Rupeezy Punch Trade Vs Rupeezy
BlinkX Vs Anand Rathi Punch Trade Vs Anand Rathi
BlinkX Vs Aditya Birla Money Punch Trade Vs Aditya Birla Money
BlinkX Vs Achiievers Punch Trade Vs Achiievers
BlinkX Vs Angel One Punch Trade Vs Angel One
BlinkX Vs Motilal Oswal Punch Trade Vs Motilal Oswal
BlinkX Vs ICICI Direct Punch Trade Vs ICICI Direct
BlinkX Vs Sharekhan Punch Trade Vs Sharekhan
BlinkX Vs Groww Punch Trade Vs Groww
BlinkX Vs Tradesmart Online Punch Trade Vs Tradesmart Online
BlinkX Vs Upstox Punch Trade Vs Upstox
BlinkX Vs Zerodha Punch Trade Vs Zerodha

Frequently Asked Questions

Is BlinkX better than Punch Trade ?

BlinkX and Punch Trade 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 Punch Trade better than BlinkX ?

BlinkX and Punch Trade 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 Punch Trade ?

BlinkX and Punch Trade 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 Punch Trade cheaper than BlinkX ?

BlinkX and Punch Trade 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. Punch Trade ?

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