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

Find a Comparison of BlinkX vs Upstox 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 Upstox.

Background

Year of Incorporation 2022 2010
Website https://blinkx.in/ https://upstox.com/
Phone +91-9240250411 022-41792999
Exchanges enabled BSE, NSE, NCDEX, MCX NSE, BSE & MCX
Demat (NSDL/CDSL) NSDL & CDSL CDSL
Brokerage

Equity Zero Rs 20 or 0.05% on Intraday & Rs 20 or 2.5% on Delivery
Equity Futures Zero Rs 20 or 0.05% per executed order
Equity Options Zero Rs 20 per lot
Currency Futures Zero Rs 20 or 0.05% per executed order
Currency Options Zero Rs. 20 per lot
Commodity Zero Rs 20 per executed order
Account Opening Costs

Trading only Free Free
Trading & Demat Rs 300 (for 1st Year) Zero
Commodity Rs. 300 Zero
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 0.0035% on Turnover
Futures 0.0019% on both sides 0.0021% on Turnover
Options 0.05% on both sides 0.059% on Premium Turnover
Commodities 0.0026% on both sides 0.0036% on Turnover
AMC charge Rs. 300 for 1st Year Zero
DP Transaction Charge Rs 25 per Debit Transaction Rs 18.5 per debit transaction
Offline order placing Charge Rs 20 per executed order Rs 25 per order placed on the phone
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 22 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 5x on Intraday and Upto 1x on Delivery
Equity Futures 1x Upto 4x for intraday
Equity Options 1x Buying no leverage, shorting upto 4x for intraday
Currency Futures 1x Upto 4x for intraday
Currency Options 1x Buying no leverage, shorting upto 4x for intraday
Commodity 1x Upto 3x 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 16 Lakhs
Profit after Tax FY12/13 Not Available Rs 24 lakhs
Profit after Tax FY13/14 Not Available Rs 68 Lakhs
Profit after Tax FY 14/15 Not Available Rs 71 Lakhs
Profit after Tax FY 15/16 Not Available Rs 73 Lakhs
Profit after Tax FY 16/17 Not Available Rs 77 Lakhs
Profit after Tax FY 17/18 Not Available Rs 86 Lakhs
Profit after Tax FY 18/19 Not Available Rs 92 Lakhs
Profit after Tax FY 19/20 Not Available Rs 97 Lakhs
Profit after Tax FY 20/21 Not Available Rs 5 Crores
Profit after Tax FY 21/22 Rs 28 Crores Rs 18 Crores
Profit after Tax FY 22/23 Rs 33 Crores Rs 25 Crores
Debt FY11/12 Not Available 0
Debt FY12/13 Not Available 0
Debt FY13/14 Not Available Rs 1.38 Crores
Debt FY14/15 Not Available Rs 1.77 Crores
Debt FY15/16 Not Available Rs 2.13 Crores
Debt FY16/17 Not Available Rs 2.44 Crores
Debt FY17/18 Not Available Rs 2.87 Crores
Debt FY18/19 Not Available Rs 3.11 Crores
Debt FY19/20 Not Available Rs 3.56 Crores
Debt FY20/21 Not Available Rs 3.91 Crores
Debt FY21/22 Rs 28.52 Lakhs Rs 4.18 Crores
Debt FY22/23 Rs 36.75 Lakhs Rs 4.40 Crores
Profit to Equity(%) FY11/12 Not Available 3.48%
Profit to Equity(%) FY12/13 Not Available 5.10%
Profit to Equity(%) FY13/14 Not Available 13.73%
Profit to Equity(%) FY14/15 Not Available 15.70%
Profit to Equity(%) FY15/16 Not Available 16.22%
Profit to Equity(%) FY16/17 Not Available 16.87%
Profit to Equity(%) FY17/18 Not Available 17.42%
Profit to Equity(%) FY18/19 Not Available 17.99%
Profit to Equity(%) FY19/20 Not Available 18.54%
Profit to Equity(%) FY20/21 Not Available 19.01%
Profit to Equity(%) FY21/22 20.39% 21.58%
Profit to Equity(%) FY22/23 24.85% 22.15%
Balance Sheet Size FY11/12 Not Available Rs 16.23 Crores
Balance Sheet Size FY12/13 Not Available Rs 25.10 Crores
Balance Sheet Size FY13/14 Not Available Rs 32.97 Crores
Balance Sheet Size FY14/15 Not Available Rs 38.78 Crores
Balance Sheet Size FY15/16 Not Available Rs 49.94 Crores
Balance Sheet Size FY16/17 Not Available Rs 50.25 Crores
Balance Sheet Size FY17/18 Not Available Rs 58.87 Crores
Balance Sheet Size FY18/19 Not Available Rs 63.55 Crores
Balance Sheet Size FY19/20 Not Available Rs 75.90 Crores
Balance Sheet Size FY20/21 Not Available Rs 89.52 Crores
Balance Sheet Size FY21/22 Rs 618.35 Crores Rs 105.55 Crores
Balance Sheet Size FY22/23 Rs 694.18 Crores Rs 116.10 Crores

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Frequently Asked Questions

Is BlinkX better than Upstox ?

BlinkX and Upstox 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 Upstox better than BlinkX ?

BlinkX and Upstox 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 Upstox ?

BlinkX and Upstox 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 Upstox cheaper than BlinkX ?

BlinkX and Upstox 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. Upstox ?

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