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 / Features | Anand Rathi | M.Stock | BlinkX |
|---|---|---|---|
| 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 AMC | Anand Rathi | M.Stock | BlinkX |
|---|---|---|---|
| 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 Plans | Anand Rathi | M.Stock | BlinkX |
|---|---|---|---|
| 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 Charges | Anand Rathi | M.Stock | BlinkX |
|---|---|---|---|
| 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 |
| Brokerage Calculator |
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 Charges | Anand Rathi | M.Stock | BlinkX |
|---|---|---|---|
| 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 Features | Anand Rathi | M.Stock | BlinkX |
|---|---|---|---|
| 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 Platforms | Anand Rathi | M.Stock | BlinkX |
|---|---|---|---|
| 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 Ratings | Anand Rathi | M.Stock | BlinkX |
|---|---|---|---|
| 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 Offerings | Anand Rathi | M.Stock | BlinkX |
|---|---|---|---|
| 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 Offered | Anand Rathi | M.Stock | BlinkX |
|---|---|---|---|
| 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, | 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 Reports | Anand Rathi | M.Stock | BlinkX |
|---|---|---|---|
| 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 Charges | Anand Rathi | M.Stock | BlinkX |
|---|---|---|---|
| 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
| Broker | Pros | Cons |
|---|---|---|
| Anand Rathi |
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| M.Stock |
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| BlinkX |
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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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Anand Rathi

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