Fyers Vs Blinkx Vs Lemonn Comparison

The comparison between Fyers, BlinkX, and Lemonn 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 Blinkx stands out for offering competitive brokerage rates and an advanced mobile trading platform. Lemonn provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 3.01 Lakh, 40000, and 8.27 Lakhs users respectively, reflecting their popularity among investors. Overall, this comparison of Fyers, BlinkX, and Lemonn helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

The services/features comparison between Fyers, BlinkX, and Lemonn reveals significant differences in their offerings. Fyers provides 4 for Overall Rating, while BlinkX offers 4 and Lemonn features 4.

Services / FeaturesFyersBlinkXLemonn
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Discount Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE, MCX NSE, BSE
Active Clients 3.01 Lakh 40000 8.27 Lakhs
Broker Overview Fyers Review BlinkX Review Lemonn Review

Account Opening Charges and AMC

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

Account Opening Charges and AMCFyersBlinkXLemonn
Trading Account Opening Free
Trading AMC ₹300 per year
Demat Account Opening Free
Demat AMC ₹300 per year ₹250 + GST per year
Provide DP Service Yes Yes Yes

Brokerage Plans

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

Brokerage PlansFyersBlinkXLemonn
Multiple Plans - Yes -
Monthly Plans - 249 -
Yearly Plans - 899 -

Brokerage Charges

This comparison between Fyers, BlinkX, and Lemonn 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. BlinkX charges N/A brokerage on equity delivery and intraday, ₹10 per Order for futures, and ₹10 per Order for options. Lemonn charges ₹20 per executed order brokerage on equity delivery and intraday, ₹20 per executed order for futures, and ₹20 per executed order for options.

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

This comparison between Fyers, BlinkX, and Lemonn reveals significant differences in their transactions. Fyers provides NSE: 0.00297% | BSE: 0.00375% for Transaction Charges Equity Delivery, while BlinkX offers 0.00297% on both sides and Lemonn features N/A.

Transactions ChargesFyersBlinkXLemonn
Equity Delivery NSE: 0.00297% | BSE: 0.00375% 0.00297% on both sides
Equity Intraday NSE: 0.00297% | BSE: 0.00375% 0.00297% on both sides
Equity Futures NSE: 0.00173% 0.00173% on both sides
Equity Options NSE: 0.03503% 0.03503% on both sides
Currency Futures NSE: 0.00035% | BSE: 0.00045% 0.0035% on both sides
Currency Options NSE: 0.0311% | BSE: 0.001% 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, BlinkX, and Lemonn when compared.

Account FeaturesFyersBlinkXLemonn
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 3:30 PM 3:20 PM
NRI Trading Yes No No

Trading Platforms

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

Trading PlatformsFyersBlinkXLemonn
Web Trading Platform Yes Yes Yes
Web Trading Detail Fyers Web Trading BlinkX Lemonn
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 Nil

Broker Ratings

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

Broker RatingsFyersBlinkXLemonn
Fees Ratings 4 4.3 4
Trading Brokerage Rating 4 4.3 4
Trading Platform Usability 4 4.4 4
Customer Service Ratings 4 4.4 4
Overall Ratings 4 4.3 4

Investment Offerings

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

Investment OfferingsFyersBlinkXLemonn
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 No No
Other Investment Options Yes Yes Yes

Customer Support Offered

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

Customer Support OfferedFyersBlinkXLemonn
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 - No
Through Branches No - Yes
Customer Care Number 080-60001111 +91 9240250411 +918035769929
Account Opening Process Online Online/Paperless Online
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

Great Oasis, 8th floor,

Marol Industrial Area, MIDC Road – 21,

Marol, Andheri (E), Mumbai -93

Galaxy, Unit No. 603, A Wing, Everest Grand,

Mahakali Caves Road, Opp. Ahura Centre,

Andheri East, Chakala Midc, Mumbai, Maharashtra – 400093

Website https://fyers.in/ https://blinkx.in/ https://lemonn.co.in/

Research and Reports

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

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

Demat Account ChargesFyersBlinkXLemonn
DP Source CDSL & NSDL CDSL CDSL
DP ID CDSL: 12089400 | NSDL: IN304502 541-2020 96400
Demat Account Annual Maintenance Charges (AMC) ₹300 per year ₹250 + GST per year
Advance Deposit No No No
Transaction Charges on Debit (Per ISIN)
Demat ₹150 per certification + courier fees
Remat ₹10/- per certificate ₹150 per certification + courier fees
Pledge Creation ₹5 Rs 50 per transaction ₹20 per ISIN
Pledge Creation Confirmation - Rs 50 per transaction ₹20 per ISIN
Pledge Closure ₹5 Rs 50 per transaction ₹20 per ISIN
Pledge Closure Confirmation - Rs 50 per transaction ₹20 per ISIN
Pledge Invocation ₹5 Rs 50 per transaction ₹20 per ISIN
Failed Instruction Charges - ₹13.5 + GST
Other Charges - No 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
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
Lemonn
  • Powerful API and Developer-First Approach
  • Multi-Asset Trading on a Single Platform
  • No Custodian for Algo Trading
  • Not Beginner-Friendly
  • Limited Traditional Research and Educational Resources
  • Customer Support Can Be Technical

Frequently Asked Questions

The account opening charges vary significantly: Fyers charges Not specified, BlinkX charges Free, and Lemonn charges Not specified. 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, BlinkX provides Not specified, and Lemonn charges ₹20 per executed order. 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, BlinkX provides 4, and Lemonn 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, BlinkX offers 4, and Lemonn 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, BlinkX with 4.4, and Lemonn with 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), BlinkX (Yes), and Lemonn (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, BlinkX provides competitive pricing with intuitive interfaces, and Lemonn 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, BlinkX emphasizes advanced charting and analysis tools, while Lemonn 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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