Fyers Vs Anand Rathi Vs Blinkx Comparison

The comparison between Fyers, Anand Rathi, and BlinkX highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Fyers is known for its user-friendly trading experience and reliability, while Anand Rathi 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 3.01 Lakh, 149,849, and 40000 users respectively, reflecting their popularity among investors. Overall, this comparison of Fyers, Anand Rathi, 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 Fyers, Anand Rathi, and BlinkX reveals significant differences in their offerings. Fyers provides 4 for Overall Rating, while Anand Rathi offers 4 and BlinkX features 4.

Services / FeaturesFyersAnand RathiBlinkX
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Full Service Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE, MCX NSE, BSE, MCX
Active Clients 3.01 Lakh 149,849 40000
Broker Overview Fyers Review Anand Rathi Review BlinkX Review

Account Opening Charges and AMC

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

Account Opening Charges and AMCFyersAnand RathiBlinkX
Trading Account Opening Free
Trading AMC ₹300 per year
Demat Account Opening Free
Demat AMC ₹300 per year
Provide DP Service Yes Yes Yes

Brokerage Plans

The brokerage plans comparison between Fyers, Anand Rathi, and BlinkX reveals significant differences in their offerings. Fyers provides - plans, while Anand Rathi offers - and BlinkX features Yes.

Brokerage PlansFyersAnand RathiBlinkX
Multiple Plans - - Yes
Monthly Plans - - 249
Yearly Plans - - 899

Brokerage Charges

This comparison between Fyers, Anand Rathi, and BlinkX reveals significant differences in their brokerage charges. Fyers charges ₹20 or 0.03% per executed order brokerage on equity delivery and intraday, ₹20 or 0.03% per executed order for futures, and ₹20 per executed order for options. Anand Rathi charges 0.20% brokerage on equity delivery and intraday, 0.02% for futures, and Rs 50 per lot for options. BlinkX charges N/A brokerage on equity delivery and intraday, ₹10 per Order for futures, and ₹10 per Order for options.

Brokerage ChargesFyersAnand RathiBlinkX
Plan Name - - -
Equity Delivery ₹20 or 0.03% per executed order 0.20%
Equity Intraday ₹20 or 0.03% per executed order 0.02%
Equity Futures ₹20 or 0.03% per executed order 0.02% ₹10 per Order
Equity Options ₹20 per executed order Rs 50 per lot ₹10 per Order
Currency Futures ₹20 or 0.03% per executed order 0.02% ₹10 per Order
Currency Options ₹20 per executed order Rs 20 per lot ₹10 per Order
Commodity Futures ₹20 per executed order 0.02%
Commodity Options ₹20 per executed order Rs 100 per lot
Hidden Charges No No No
Call & Trade Charges ₹50 + GST per executed order 50 + GST ₹50 + 18% GST per day
Auto Square Off Charges ₹50 + GST per executed order 50 + GST ₹50 + 18% GST per day
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Transactions Charges

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

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

Account Features

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

Account FeaturesFyersAnand RathiBlinkX
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 Yes No

Trading Platforms

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

Trading PlatformsFyersAnand RathiBlinkX
Web Trading Platform Yes Yes Yes
Web Trading Detail Fyers Web Trading Anand Rathi 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 Nil Zero

Broker Ratings

The broker ratings comparison between Fyers, Anand Rathi, and BlinkX reveals significant differences in their offerings. Fyers provides 4 for Fees Ratings, while Anand Rathi offers 4.2 and BlinkX features 4.3.

Broker RatingsFyersAnand RathiBlinkX
Fees Ratings 4 4.2 4.3
Trading Brokerage Rating 4 4.2 4.3
Trading Platform Usability 4 4 4.4
Customer Service Ratings 4 3.9 4.4
Overall Ratings 4 4 4.3

Investment Offerings

This comparison between Fyers, Anand Rathi, and BlinkX reveals significant differences in their investment offerings. Fyers provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while Anand Rathi provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and BlinkX provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.

Investment OfferingsFyersAnand RathiBlinkX
Equity Cash and F&O Yes Yes Yes
Currency Derivatives Yes Yes Yes
Commodity Yes Yes 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 Yes Yes
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes Yes No
Other Investment Options Yes Yes Yes

Customer Support Offered

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

Customer Support OfferedFyersAnand RathiBlinkX
24/7 Customer Service No No No
Email Support Yes Yes Yes
Online Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No 1800 420 1004 -
Through Branches No Yes -
Customer Care Number 080-60001111 0291 666 1001 +91 9240250411
Account Opening Process Online Online/Offline Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://blinkx.in/en/knowledge-base
Head Office Address

Brigade Magnum,
9th Floor, Wing A,
International Airport Road, Kodigehalli Gate, Hebbal,
Byatarayanapura, Amruthahalli,
Bengaluru – 560092

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

Great Oasis, 8th floor,

Marol Industrial Area, MIDC Road – 21,

Marol, Andheri (E), Mumbai -93

Website https://fyers.in/ https://anandrathi.com/ https://blinkx.in/

Research and Reports

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

Research and ReportsFyersAnand RathiBlinkX
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 Fyers, Anand Rathi, and BlinkX reveals significant differences in their demat account charges. Fyers provides CDSL & NSDL for DP Source, while Anand Rathi offers CDSL & NSDL and BlinkX features CDSL.

Demat Account ChargesFyersAnand RathiBlinkX
DP Source CDSL & NSDL CDSL & NSDL CDSL
DP ID CDSL: 12089400 | NSDL: IN304502 437-2019 541-2020
Demat Account Annual Maintenance Charges (AMC) ₹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
Remat ₹10/- per certificate Rs 15 for every 100 securities or a Flat fee of Rs 15 per certificate
Pledge Creation ₹5 0.01% of value or min Rs 50 per request Rs 50 per transaction
Pledge Creation Confirmation - Nil Rs 50 per transaction
Pledge Closure ₹5 0.01% of value or min Rs 50 per request Rs 50 per transaction
Pledge Closure Confirmation - Nil Rs 50 per transaction
Pledge Invocation ₹5 0.01% of value or min Rs 50 per request Rs 50 per transaction
Failed Instruction Charges Rs 25 per Instruction -
Other Charges - No

Advantages and Disadvantages

BrokerProsCons
Fyers
  • Advanced and Feature-Rich Trading Platforms
  • Strong Focus on Technology and Uptime
  • Good Customer Support
  • Technical Issues/Platform Glitches
  • Margin Funding Limitations
  • Higher Transaction/Exchange Charges
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
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: Fyers charges Not specified, Anand Rathi charges Not specified, 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: Fyers offers ₹20 or 0.03% per executed order for equity intraday, Anand Rathi provides 0.02%, 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: Fyers offers 4, Anand Rathi provides 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: Fyers has 4 support, Anand Rathi offers 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: Fyers with 4, Anand Rathi with 4, 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: Fyers (Yes), Anand Rathi (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: Fyers offers user-friendly platforms with educational resources, Anand Rathi 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: Fyers focuses on intuitive design and quick execution, Anand Rathi 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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