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

Find a Comparison of Groww vs BlinkX 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 Groww and BlinkX.

Background

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

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

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

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

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

Software
Web/HTML 5
Mobile
Charting

Intraday 22 days 7 Days
End of Day 10 days 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 Upto 2x for intraday 1x
Equity Options No leverage 1x
Currency Futures Upto 2x for intraday 1x
Currency Options No leverage 1x
Commodity Upto 2x for intraday 1x
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 Rs 70.6 crores Not Available
Profit after Tax FY12/13 Rs 70.48 crores Not Available
Profit after Tax FY13/14 Rs 73.78 Crore Not Available
Profit after Tax FY 14/15 Rs 75.92 Crore Not Available
Profit after Tax FY 15/16 Rs 82.85 Crore Not Available
Profit after Tax FY 16/17 Rs 90.11 Crore Not Available
Profit after Tax FY 17/18 Rs 106.09 Crore Not Available
Profit after Tax FY 18/19 Rs 115.68 Crore Not Available
Profit after Tax FY 19/20 Rs 120.61 Crore Not Available
Profit after Tax FY 20/21 Rs 141.70 Crore Not Available
Profit after Tax FY 21/22 Rs 244.93 Crore Rs 28 Crores
Profit after Tax FY 22/23 Rs 205.65 Crore Rs 33 Crores
Debt FY11/12 Rs 51 Crores Not Available
Debt FY12/13 Rs 41.5 Crores Not Available
Debt FY13/14 Rs 42.93 Crores Not Available
Debt FY14/15 Rs 49.48 Crores Not Available
Debt FY15/16 Rs 41.73 Crores Not Available
Debt FY16/17 Rs 54.26 Crores Not Available
Debt FY17/18 Rs 69.77 Crores Not Available
Debt FY18/19 Rs 57.16 Crores Not Available
Debt FY19/20 Rs 51.39 Crores Not Available
Debt FY20/21 Rs 57.47 Crores Not Available
Debt FY21/22 Rs 77.59 Crores Rs 28.52 Lakhs
Debt FY22/23 Rs 80.11 Crores Rs 36.75 Lakhs
Profit to Equity(%) FY11/12 12.90% Not Available
Profit to Equity(%) FY12/13 12.38% Not Available
Profit to Equity(%) FY13/14 14.86% Not Available
Profit to Equity(%) FY14/15 17.05% Not Available
Profit to Equity(%) FY15/16 14.29% Not Available
Profit to Equity(%) FY16/17 19.11% Not Available
Profit to Equity(%) FY17/18 21.51% Not Available
Profit to Equity(%) FY18/19 18.17% Not Available
Profit to Equity(%) FY19/20 14.49% Not Available
Profit to Equity(%) FY20/21 18.46% Not Available
Profit to Equity(%) FY21/22 14.70% 20.39%
Profit to Equity(%) FY22/23 25.75% 24.85%
Balance Sheet Size FY11/12 Rs 2264 Crores Not Available
Balance Sheet Size FY12/13 Rs 2596.15 Crores Not Available
Balance Sheet Size FY13/14 Rs 2803.40 Crores Not Available
Balance Sheet Size FY14/15 Rs 2936.36 Crores Not Available
Balance Sheet Size FY15/16 Rs 3133.57 Crores Not Available
Balance Sheet Size FY16/17 Rs 3544.52 Crores Not Available
Balance Sheet Size FY17/18 Rs 3952.01 Crores Not Available
Balance Sheet Size FY18/19 Rs 4280.32 Crores Not Available
Balance Sheet Size FY19/20 Rs 4476 Crores Not Available
Balance Sheet Size FY20/21 Rs 4627 Crores Not Available
Balance Sheet Size FY21/22 Rs 5184.35 Crores Rs 618.35 Crores
Balance Sheet Size FY22/23 Rs 5994.78 Crores Rs 694.18 Crores

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Frequently Asked Questions

Is Groww better than BlinkX ?

Groww and BlinkX 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 better than Groww ?

Groww and BlinkX 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 cheaper than BlinkX ?

Groww and BlinkX 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 BlinkX cheaper than Groww ?

Groww and BlinkX 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 Groww vs. BlinkX ?

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