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

Find a Comparison of BlinkX vs Sharekhan 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 Sharekhan.

Background

Year of Incorporation 2022 2000
Website https://blinkx.in/ https://www.sharekhan.com/
Phone +91-9240250411 022-41523200
Exchanges enabled BSE, NSE, NCDEX, MCX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL & CDSL NSDL & CDSL
Brokerage

Equity Zero 0.03% for Intraday
Equity Futures Zero 0.03% of Turnover
Equity Options Zero Rs 20 per lot
Currency Futures Zero 0.02% per Transaction Value
Currency Options Zero Rs 5 per lot
Commodity Zero Rs 20 per lot
Account Opening Costs

Trading only Free Free
Trading & Demat Rs 300 (for 1st Year) Rs 400
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% of Turnover
Futures 0.0019% on both sides 0.0021% of Turnover
Options 0.05% on both sides 0.055% of Premium Turnover
Commodities 0.0026% on both sides 0.0027% of Turnover
AMC charge Rs. 300 for 1st Year Rs 400 per year
DP Transaction Charge Rs 25 per Debit Transaction Rs 30 or 0.03% whichever is higher
Offline order placing Charge Rs 20 per executed order Not Available
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 30 Days
End of Day 5 Years 10 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 5x on Intraday Upto 10x for Intraday & Upto 3x for Delivery
Equity Futures 1x Upto 2x for Intraday
Equity Options 1x Upto 1x
Currency Futures 1x No Leverage
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 87.5 Crores
Profit after Tax FY12/13 Not Available Rs 107 Crores
Profit after Tax FY13/14 Not Available Rs 128.90 Crore
Profit after Tax FY 14/15 Not Available Rs 168.52 Crore
Profit after Tax FY 15/16 Not Available Rs 161.82 Crore
Profit after Tax FY 16/17 Not Available Rs 121.89 Crore
Profit after Tax FY 17/18 Not Available Rs 113.87 Crore
Profit after Tax FY 18/19 Not Available Rs 161.48 Crore
Profit after Tax FY 19/20 Not Available Rs 111.55 Crore
Profit after Tax FY 20/21 Not Available Rs 131.23 Crore
Profit after Tax FY 21/22 Rs 28 Crores Rs 174.09 Crore
Profit after Tax FY 22/23 Rs 33 Crores Rs 205.86 Crore
Debt FY11/12 Not Available Rs 335.1 Crores
Debt FY12/13 Not Available Rs 335.1 Crores
Debt FY13/14 Not Available Rs 486.64 Crores
Debt FY14/15 Not Available Rs 481.20 Crores
Debt FY15/16 Not Available Rs 376.69 Crores
Debt FY16/17 Not Available Rs 364.87 Crores
Debt FY17/18 Not Available Rs 547.71 Crores
Debt FY18/19 Not Available Rs 434.84 Crores
Debt FY19/20 Not Available Rs 565.48 Crores
Debt FY20/21 Not Available Rs 455.09 Crores
Debt FY21/22 Rs 28.52 Lakhs Rs 453.87 Crores
Debt FY22/23 Rs 36.75 Lakhs Rs 593.90 Crores
Profit to Equity(%) FY11/12 Not Available 19.86%
Profit to Equity(%) FY12/13 Not Available 16.04%
Profit to Equity(%) FY13/14 Not Available 22.13%
Profit to Equity(%) FY14/15 Not Available 30.06%
Profit to Equity(%) FY15/16 Not Available 31.43%
Profit to Equity(%) FY16/17 Not Available 28.83%
Profit to Equity(%) FY17/18 Not Available 30.54%
Profit to Equity(%) FY18/19 Not Available 31.45%
Profit to Equity(%) FY19/20 Not Available 35.79%
Profit to Equity(%) FY20/21 Not Available 27.35%
Profit to Equity(%) FY21/22 20.39% 29.13
Profit to Equity(%) FY22/23 24.85% 26.92%
Balance Sheet Size FY11/12 Not Available Rs 1589 Crores
Balance Sheet Size FY12/13 Not Available Rs 1636 Crores
Balance Sheet Size FY13/14 Not Available Rs 1715.00 Crores
Balance Sheet Size FY14/15 Not Available Rs 1791.65 Crores
Balance Sheet Size FY15/16 Not Available Rs 2036.15 Crores
Balance Sheet Size FY16/17 Not Available Rs 2700.50 Crores
Balance Sheet Size FY17/18 Not Available Rs 2747.23 Crores
Balance Sheet Size FY18/19 Not Available Rs 2939.18 Crores
Balance Sheet Size FY19/20 Not Available Rs 3076.57 Crores
Balance Sheet Size FY20/21 Not Available Rs 3456.08 Crores
Balance Sheet Size FY21/22 Rs 618.35 Crores Rs 3765.11 Crores
Balance Sheet Size FY22/23 Rs 694.18 Crores Rs 3953.01 Crores

Comparison Link:

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Frequently Asked Questions

Which is better, BlinkX or Sharekhan?

BlinkX Securities and Sharekhan are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.

Do BlinkX and Sharekhan offer mobile trading apps?

Yes, both BlinkX Securities and Sharekhan provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for Sharekhan and BlinkX?

The account opening charges by brokers BlinkX and Sharekhan for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both BlinkX and Sharekhan are SEBI-registered brokers with good reputations. BlinkX is known for its trading platforms, while Sharekhan is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both BlinkX and Sharekhan offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.