Fyers Vs Blinkx Vs Paytm Money Comparison

The comparison between Fyers, BlinkX, and Paytm Money 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. Paytm Money 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 6.89 lakh users respectively, reflecting their popularity among investors. Overall, this comparison of Fyers, BlinkX, and Paytm Money 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 Paytm Money reveals significant differences in their offerings. Fyers provides 4 for Overall Rating, while BlinkX offers 4 and Paytm Money features 4.

Services / FeaturesFyersBlinkXPaytm Money
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, MCX
Active Clients 3.01 Lakh 40000 6.89 lakh
Broker Overview Fyers Review BlinkX Review Paytm Money Review

Account Opening Charges and AMC

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

Account Opening Charges and AMCFyersBlinkXPaytm Money
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, BlinkX, and Paytm Money reveals significant differences in their offerings. Fyers provides - plans, while BlinkX offers Yes and Paytm Money features -.

Brokerage PlansFyersBlinkXPaytm Money
Multiple Plans - Yes -
Monthly Plans - 249 -
Yearly Plans - 899 -

Brokerage Charges

This comparison between Fyers, BlinkX, and Paytm Money 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. Paytm Money charges 2.5% or Rs. 20 per order brokerage on equity delivery and intraday, 0.02% or Rs. 20 per order for futures, and Rs. 20 per order for options.

Brokerage ChargesFyersBlinkXPaytm Money
Plan Name - - -
Equity Delivery ₹20 or 0.03% per executed order 2.5% or Rs. 20 per order
Equity Intraday ₹20 or 0.03% per executed order 0.05% or Rs. 20 per order
Equity Futures ₹20 or 0.03% per executed order ₹10 per Order 0.02% or Rs. 20 per order
Equity Options ₹20 per executed order ₹10 per Order Rs. 20 per 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 + GST
Auto Square Off Charges ₹50 + GST per executed order ₹50 + 18% GST per day 50 + GST
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Transactions Charges

This comparison between Fyers, BlinkX, and Paytm Money 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 Paytm Money features 0.00297% for NSE | 0.00375% for BSE.

Transactions ChargesFyersBlinkXPaytm Money
Equity Delivery NSE: 0.00297% | BSE: 0.00375% 0.00297% on both sides 0.00297% for NSE | 0.00375% for BSE
Equity Intraday NSE: 0.00297% | BSE: 0.00375% 0.00297% on both sides 0.00297% for NSE | 0.00375% for BSE
Equity Futures NSE: 0.00173% 0.00173% on both sides 0.03503% for NSE | 0.03250% for BSE
Equity Options NSE: 0.03503% 0.03503% on both sides 0.00173% for NSE | 0.0% for BSE
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 Paytm Money when compared.

Account FeaturesFyersBlinkXPaytm Money
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
NRI Trading Yes No Yes

Trading Platforms

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

Trading PlatformsFyersBlinkXPaytm Money
Web Trading Platform Yes Yes Yes
Web Trading Detail Fyers Web Trading BlinkX Paytm Money Web
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 Paytm Money
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 Fyers, BlinkX, and Paytm Money reveals significant differences in their offerings. Fyers provides 4 for Fees Ratings, while BlinkX offers 4.3 and Paytm Money features 4.2.

Broker RatingsFyersBlinkXPaytm Money
Fees Ratings 4 4.3 4.2
Trading Brokerage Rating 4 4.3 4.3
Trading Platform Usability 4 4.4 4.3
Customer Service Ratings 4 4.4 4.2
Overall Ratings 4 4.3 4.3

Investment Offerings

This comparison between Fyers, BlinkX, and Paytm Money 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 Paytm Money provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.

Investment OfferingsFyersBlinkXPaytm Money
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 No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes No Yes
Other Investment Options Yes Yes Yes

Customer Support Offered

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

Customer Support OfferedFyersBlinkXPaytm Money
24/7 Customer Service No No
Email Support Yes Yes Yes
Online Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No -
Through Branches No -
Customer Care Number 080-60001111 +91 9240250411 022-64891010
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

THE HUB, 3RD FLOOR, SY No 8 & 8/2 Ambalipura Village,

Varthur Hobli Sarjapura Main Road
Bangalore, Karnataka -560103

Website https://fyers.in/ https://blinkx.in/ https://www.paytmmoney.com/

Research and Reports

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

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

Demat Account ChargesFyersBlinkXPaytm Money
DP Source CDSL & NSDL CDSL CDSL
DP ID CDSL: 12089400 | NSDL: IN304502 541-2020 12088800
Demat Account Annual Maintenance Charges (AMC) ₹300 per year
Advance Deposit No No No
Transaction Charges on Debit (Per ISIN)
Demat
Remat ₹10/- per certificate
Pledge Creation ₹5 Rs 50 per transaction ₹15 + GST
Pledge Creation Confirmation - Rs 50 per transaction ₹15 + GST
Pledge Closure ₹5 Rs 50 per transaction ₹15 + GST
Pledge Closure Confirmation - Rs 50 per transaction ₹15 + GST
Pledge Invocation ₹5 Rs 50 per transaction ₹15 + GST
Failed Instruction Charges - NA
Other Charges - No NA

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
Paytm Money
  • Low cost/transparent pricing
  • User-friendly and digital onboarding
  • Good for beginners/passive investors
  • Diverse product offerings for investors
  • Limited advanced trading features
  • Customer Support Can Be Slow
  • No Access to International Markets
  • Limited Advanced Charting & Tools
  • Limited Product Portfolio

Frequently Asked Questions

The account opening charges vary significantly: Fyers charges Not specified, BlinkX charges Free, and Paytm Money 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 Paytm Money charges 0.05% or Rs. 20 per 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 Paytm Money 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 Paytm Money 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 Paytm Money with 4.3. 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 Paytm Money (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 Paytm Money 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 Paytm Money 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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