Anand Rathi Vs M Stock Vs Blinkx Comparison

The comparison between Anand Rathi, M.Stock, and BlinkX highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Anand Rathi is known for its user-friendly trading experience and reliability, while M Stock stands out for offering competitive brokerage rates and an advanced mobile trading platform. Blinkx provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 149,849, 5,02,584, and 40000 users respectively, reflecting their popularity among investors. Overall, this comparison of Anand Rathi, M.Stock, and BlinkX helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

The services/features comparison between Anand Rathi, M.Stock, and BlinkX reveals significant differences in their offerings. Anand Rathi provides 4 for Overall Rating, while M.Stock offers 4.5 and BlinkX features 4.

Services / FeaturesAnand RathiM.StockBlinkX
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Full Service Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE NSE, BSE, MCX
Active Clients 149,849 5,02,584 40000
Broker Overview Anand Rathi Review m.Stock Review BlinkX Review

Account Opening Charges and AMC

The account opening charges and AMC comparison between Anand Rathi, M.Stock, and BlinkX reveal significant differences in their offerings. Anand Rathi provides N/A trading and demat account opening, while M.Stock offers Zero and BlinkX features Free.

Account Opening Charges and AMCAnand RathiM.StockBlinkX
Trading Account Opening Zero Free
Trading AMC ₹880 ₹300 per year
Demat Account Opening Zero Free
Demat AMC ₹880 ₹300 per year
Provide DP Service Yes Yes Yes

Brokerage Plans

The brokerage plans comparison between Anand Rathi, M.Stock, and BlinkX reveals significant differences in their offerings. Anand Rathi provides - plans, while M.Stock offers No and BlinkX features Yes.

Brokerage PlansAnand RathiM.StockBlinkX
Multiple Plans - No Yes
Monthly Plans - No 249
Yearly Plans - No 899

Brokerage Charges

This comparison between Anand Rathi, M.Stock, and BlinkX reveals significant differences in their brokerage charges. Anand Rathi charges 0.20% brokerage on equity delivery and intraday, 0.02% for futures, and Rs 50 per lot for options. M.Stock charges Zero brokerage on equity delivery and intraday, ₹5 per order for futures, and ₹5 per order for options. BlinkX charges N/A brokerage on equity delivery and intraday, ₹10 per Order for futures, and ₹10 per Order for options.

Brokerage ChargesAnand RathiM.StockBlinkX
Plan Name - - -
Equity Delivery 0.20% Zero
Equity Intraday 0.02% ₹5 per order
Equity Futures 0.02% ₹5 per order ₹10 per Order
Equity Options Rs 50 per lot ₹5 per order ₹10 per Order
Currency Futures 0.02% - ₹10 per Order
Currency Options Rs 20 per lot - ₹10 per Order
Commodity Futures 0.02%
Commodity Options Rs 100 per lot
Hidden Charges No No No
Call & Trade Charges 50 + GST Zero ₹50 + 18% GST per day
Auto Square Off Charges 50 + GST ₹40 per executed order + GST ₹50 + 18% GST per day
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Transactions Charges

This comparison between Anand Rathi, M.Stock, and BlinkX reveals significant differences in their transactions. Anand Rathi provides NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) for Transaction Charges Equity Delivery, while M.Stock offers NSE: 0.00297% BSE: 0.00375% and BlinkX features 0.00297% on both sides.

Transactions ChargesAnand RathiM.StockBlinkX
Equity Delivery NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE: 0.00297% BSE: 0.00375% 0.00297% on both sides
Equity Intraday NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE: 0.00297% BSE: 0.00375% 0.00297% on both sides
Equity Futures NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 NSE: 0.00173% BSE: 0 0.00173% on both sides
Equity Options NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) NSE: 0.03503% (on premium) BSE: 0.0325% (on premium) 0.03503% on both sides
Currency Futures NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) - 0.0035% on both sides
Currency Options NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) - 0.0311% on both sides
Commodity - 0.0418% on both sides

Account Features

These are the notable distinctions in the account features of Anand Rathi, M.Stock, and BlinkX when compared.

Account FeaturesAnand RathiM.StockBlinkX
3-in-1 Account No No No
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:20 PM 3:20 PM 3:30 PM
NRI Trading Yes No No

Trading Platforms

The trading platforms comparison between Anand Rathi, M.Stock, and BlinkX reveals significant differences in their offerings. Anand Rathi, M.Stock and BlinkX provide web trading platforms and mobile trading platforms.

Trading PlatformsAnand RathiM.StockBlinkX
Web Trading Platform Yes Yes Yes
Web Trading Detail Anand Rathi m.Stock BlinkX
Mobile Trading Yes Yes Yes
Mobile Trading App Yes Yes Yes
Android Mobile App Yes Yes Yes
Android App Download Yes Yes Yes
iPhone Mobile App (iOS) Yes Yes Yes
iOS App Download Download Download Download
Android Tablet App Yes Yes Yes
iPad App (iOS) Yes Yes Yes
Trading Software Charges Nil Zero Zero

Broker Ratings

The broker ratings comparison between Anand Rathi, M.Stock, and BlinkX reveals significant differences in their offerings. Anand Rathi provides 4.2 for Fees Ratings, while M.Stock offers 4.5 and BlinkX features 4.3.

Broker RatingsAnand RathiM.StockBlinkX
Fees Ratings 4.2 4.5 4.3
Trading Brokerage Rating 4.2 4.5 4.3
Trading Platform Usability 4 4.5 4.4
Customer Service Ratings 3.9 4.4 4.4
Overall Ratings 4 4.5 4.3

Investment Offerings

This comparison between Anand Rathi, M.Stock, and BlinkX reveals significant differences in their investment offerings. Anand Rathi provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while M.Stock provides investment offerings in Yes, mutual funds and does not offer trades in currency and commodities and BlinkX provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.

Investment OfferingsAnand RathiM.StockBlinkX
Equity Cash and F&O Yes Yes Yes
Currency Derivatives Yes No Yes
Commodity Yes No Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No No No
Insurance No No No
Forex Yes No Yes
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes No No
Other Investment Options Yes No Yes

Customer Support Offered

The customer support comparison between Anand Rathi, M.Stock, and BlinkX reveals variations in their service offerings across different channels and availability.

Customer Support OfferedAnand RathiM.StockBlinkX
24/7 Customer Service No No No
Email Support Yes Yes Yes
Online Live Chat Yes Yes Yes
Phone Support Yes PMS Service Yes
Toll Free Number 1800 420 1004 1800 2100 818 -
Through Branches Yes -
Customer Care Number 0291 666 1001 1800 2100 818 +91 9240250411
Account Opening Process Online/Offline Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://www.mstock.com/mlearn https://blinkx.in/en/knowledge-base
Head Office Address

Express Zone A Wing 10th Floor, Western Express Highway, Goregaon East, Mumbai – 400063

1st Floor, Tower 4, Equinox Business Park,
LBS Marg, Off BKC, Kurla (W),
Mumbai – 400 070

Great Oasis, 8th floor,

Marol Industrial Area, MIDC Road – 21,

Marol, Andheri (E), Mumbai -93

Website https://anandrathi.com/ https://www.mstock.com/ https://blinkx.in/

Research and Reports

The research and reports comparison between Anand Rathi, M.Stock, and BlinkX reveals significant differences in their offerings.

Research and ReportsAnand RathiM.StockBlinkX
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips No No No
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes

Demat Account Charges

This comparison between Anand Rathi, M.Stock, and BlinkX reveals significant differences in their demat account charges. Anand Rathi provides CDSL & NSDL for DP Source, while M.Stock offers CDSL and BlinkX features CDSL.

Demat Account ChargesAnand RathiM.StockBlinkX
DP Source CDSL & NSDL CDSL CDSL
DP ID 437-2019 12092900 541-2020
Demat Account Annual Maintenance Charges (AMC) ₹1,299 + GST for Lifetime ₹300 per year
Advance Deposit No No No
Transaction Charges on Debit (Per ISIN) Rs 15 Per ISIN [For POA clients]; Rs 25 Per ISIN [For Non POA clients]
Demat Rs 3 per certificate + Rs 35 per request Zero
Remat Rs 15 for every 100 securities or a Flat fee of Rs 15 per certificate Zero
Pledge Creation 0.01% of value or min Rs 50 per request Zero Rs 50 per transaction
Pledge Creation Confirmation Nil Yes Rs 50 per transaction
Pledge Closure 0.01% of value or min Rs 50 per request ₹32 per day (+GST) Rs 50 per transaction
Pledge Closure Confirmation Nil Yes Rs 50 per transaction
Pledge Invocation 0.01% of value or min Rs 50 per request ₹32 per day (+GST) Rs 50 per transaction
Failed Instruction Charges Rs 25 per Instruction Zero -
Other Charges Zero No

Advantages and Disadvantages

BrokerProsCons
Anand Rathi
  • Strong Research and Advisory Services
  • Reputation and Trustworthiness
  • Comprehensive Product Portfolio
  • User-Friendly Trading Platforms
  • Offline Support and Network
  • Technology Lags Behind Discount Brokers
  • Not Ideal for Active/Day Traders
  • It can Be Overwhelming for Beginners
  • Relatively Slower Onboarding Process
M.Stock
  • Margin trading/advanced facility
  • Transparent pricing model
  • Advanced platform/features
  • Low/zero brokerage on many segments

 

  • Platform stability/glitches reported
  • Hidden or additional charges in some cases
  • Lack of full service/research/advisory
  • Customer service complaints
BlinkX
  • Offers zero or low brokerage
  • Ideal for active traders
  • Educational and Analytical Resources
  • Backed by JM Financial, a reputed and trusted financial group
  • Offers multiple segments: equity, F&O, commodity, and currency.
  • Modern, user-friendly app interface with fast execution.
  • Reports of app bugs and technical glitches
  • Hidden Withdrawal Fees and Processes
  • Customer Support Limitations

Frequently Asked Questions

The account opening charges vary significantly: Anand Rathi charges Not specified, M.Stock charges Zero, and BlinkX charges Free. When considering AMC, investors should evaluate the overall cost structure along with the features and services provided by each broker.

Brokerage charges differ across platforms: Anand Rathi offers 0.02% for equity intraday, M.Stock provides ₹5 per order, and BlinkX charges Not specified. The actual costs may vary based on trading volume, account type, and specific plans offered by each broker.

All three brokers provide diverse investment opportunities: Anand Rathi offers 4, M.Stock provides 4.4, and BlinkX features 4. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.

Customer support quality varies: Anand Rathi has 4 support, M.Stock offers 4.4, and BlinkX provides 4. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.

Platform usability ratings show: Anand Rathi with 4, M.Stock with 4.5, and BlinkX with 4.4. The best interface depends on individual preferences - some users prefer simplicity while others need advanced features and customization options.

Yes, mutual fund and stock investing is available across all platforms: Anand Rathi (Yes), M.Stock (Yes), and BlinkX (Yes). All three brokers provide comprehensive access to equity markets and mutual fund investments through their respective platforms.

For beginners, the choice depends on specific needs: Anand Rathi offers user-friendly platforms with educational resources, M.Stock provides competitive pricing with intuitive interfaces, and BlinkX combines ease of use with comprehensive investment options. Beginners should consider factors like ease of account opening, customer support quality, educational content, and platform simplicity when making their decision.

All three brokers offer robust mobile trading apps with different strengths: Anand Rathi focuses on intuitive design and quick execution, M.Stock emphasizes advanced charting and analysis tools, while BlinkX balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.

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