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

Find a Comparison of Punch Trade 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 Punch Trade and BlinkX.

Background

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

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

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

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

Equity 0.00325% of Turnover 0.00325% on both sides
Futures 0.0019% of Turnover 0.0019% on both sides
Options 0.05% of Turnover 0.05% on both sides
Commodities 0.03% of Turnover 0.0026% on both sides
AMC charge Rs 300 per annum Rs. 300 for 1st Year
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 2x for intraday 1x
Equity Options Upto 2x for Intraday 1x
Currency Futures Upto 2x for intraday 1x
Currency Options Upto 2x for Intraday 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 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 Rs 17 Lakhs Not Available
Profit after Tax FY 17/18 Rs 27 Lakhs Not Available
Profit after Tax FY 18/19 Rs 35 Lakhs Not Available
Profit after Tax FY 19/20 Rs 42 Lakhs Not Available
Profit after Tax FY 20/21 Rs 46 Lakhs Not Available
Profit after Tax FY 21/22 Rs 61 Lakhs Rs 28 Crores
Profit after Tax FY 22/23 Rs 75 Lakhs Rs 33 Crores
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 Rs 12.22 Lakhs Not Available
Debt FY17/18 Rs 18.64 Lakhs Not Available
Debt FY18/19 Rs 26.79 Lakhs Not Available
Debt FY19/20 Rs 33.82 Lakhs Not Available
Debt FY20/21 Rs 39.47 Lakhs Not Available
Debt FY21/22 Rs 48.58 Lakhs Rs 28.52 Lakhs
Debt FY22/23 Rs 52.22 Lakhs Rs 36.75 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 6.49% Not Available
Profit to Equity(%) FY17/18 7.22% Not Available
Profit to Equity(%) FY18/19 8.53% Not Available
Profit to Equity(%) FY19/20 8.09% Not Available
Profit to Equity(%) FY20/21 10.46% Not Available
Profit to Equity(%) FY21/22 11.35% 20.39%
Profit to Equity(%) FY22/23 14.95% 24.85%
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 Rs 155 Lakhs Not Available
Balance Sheet Size FY17/18 Rs 170 Lakhs Not Available
Balance Sheet Size FY18/19 Rs 173 Lakhs Not Available
Balance Sheet Size FY19/20 Rs 188 Lakhs Not Available
Balance Sheet Size FY20/21 Rs 195 Lakhs Not Available
Balance Sheet Size FY21/22 Rs 205 Lakhs Rs 618.35 Crores
Balance Sheet Size FY22/23 Rs 225 Lakhs Rs 694.18 Crores

Comparison Link:

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Frequently Asked Questions

Is Punch Trade better than BlinkX ?

Punch Trade 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 Punch Trade ?

Punch Trade 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 Punch Trade cheaper than BlinkX ?

Punch Trade 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 Punch Trade ?

Punch Trade 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 Punch Trade vs. BlinkX ?

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