Lemonn Vs Anand Rathi Vs Blinkx Comparison

The comparison between Lemonn, 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. Lemonn 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 8.27 Lakhs, 149,849, and 40000 users respectively, reflecting their popularity among investors. Overall, this comparison of Lemonn, 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 Lemonn, Anand Rathi, and BlinkX reveals significant differences in their offerings. Lemonn provides 4 for Overall Rating, while Anand Rathi offers 4 and BlinkX features 4.

Services / FeaturesLemonnAnand 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 NSE, BSE, MCX NSE, BSE, MCX
Active Clients 8.27 Lakhs 149,849 40000
Broker Overview Lemonn Review Anand Rathi Review BlinkX Review

Account Opening Charges and AMC

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

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

Brokerage Plans

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

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

Brokerage Charges

This comparison between Lemonn, Anand Rathi, and BlinkX reveals significant differences in their brokerage charges. 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. 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 ChargesLemonnAnand RathiBlinkX
Plan Name - - -
Equity Delivery ₹20 per executed order 0.20%
Equity Intraday ₹20 per executed order 0.02%
Equity Futures ₹20 per executed order 0.02% ₹10 per Order
Equity Options ₹20 per executed order Rs 50 per lot ₹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 per ISIN 50 + GST ₹50 + 18% GST per day
Auto Square Off Charges ₹50 per ISIN 50 + GST ₹50 + 18% GST per day
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Transactions Charges

This comparison between Lemonn, Anand Rathi, and BlinkX reveals significant differences in their transactions. Lemonn provides N/A 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 ChargesLemonnAnand RathiBlinkX
Equity Delivery NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) 0.00297% on both sides
Equity Intraday NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) 0.00297% on both sides
Equity Futures NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 0.00173% on both sides
Equity Options NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) 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 Lemonn, Anand Rathi, and BlinkX when compared.

Account FeaturesLemonnAnand 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 No Yes No

Trading Platforms

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

Trading PlatformsLemonnAnand RathiBlinkX
Web Trading Platform Yes Yes Yes
Web Trading Detail Lemonn 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 Lemonn, Anand Rathi, and BlinkX reveals significant differences in their offerings. Lemonn provides 4 for Fees Ratings, while Anand Rathi offers 4.2 and BlinkX features 4.3.

Broker RatingsLemonnAnand 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 Lemonn, Anand Rathi, and BlinkX reveals significant differences in their investment offerings. Lemonn 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 OfferingsLemonnAnand 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 No Yes No
Other Investment Options Yes Yes Yes

Customer Support

The comparison between Lemonn, Anand Rathi, and BlinkX reveals significant differences in their Customer Support. Lemonn provides No, while Anand Rathi offers No and BlinkX features No.

Customer SupportLemonnAnand 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 Yes Yes -
Customer Care Number +918035769929 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

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

Mahakali Caves Road, Opp. Ahura Centre,

Andheri East, Chakala Midc, Mumbai, Maharashtra – 400093

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://lemonn.co.in/ https://anandrathi.com/ https://blinkx.in/

Research and Reports

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

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

Demat Account ChargesLemonnAnand RathiBlinkX
DP Source CDSL CDSL & NSDL CDSL
DP ID 96400 437-2019 541-2020
Demat Account Annual Maintenance Charges (AMC) ₹250 + GST per year ₹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 ₹150 per certification + courier fees Rs 3 per certificate + Rs 35 per request
Remat ₹150 per certification + courier fees Rs 15 for every 100 securities or a Flat fee of Rs 15 per certificate
Pledge Creation ₹20 per ISIN 0.01% of value or min Rs 50 per request Rs 50 per transaction
Pledge Creation Confirmation ₹20 per ISIN Nil Rs 50 per transaction
Pledge Closure ₹20 per ISIN 0.01% of value or min Rs 50 per request Rs 50 per transaction
Pledge Closure Confirmation ₹20 per ISIN Nil Rs 50 per transaction
Pledge Invocation ₹20 per ISIN 0.01% of value or min Rs 50 per request Rs 50 per transaction
Failed Instruction Charges ₹13.5 + GST Rs 25 per Instruction -
Other Charges No No

Advantages and Disadvantages

BrokerProsCons
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
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

User Experience: Buying Stocks

Lemonn – User Trading Experience

Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.

Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is ₹20 per executed order, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 4/5.

Market Presence: Around 8.27 Lakhs active clients use this broker.

Anand Rathi – User Trading Experience

Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.

Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is 0.02%, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 3.9/5.

Market Presence: Around 149,849 active clients use this broker.

BlinkX – User Trading Experience

Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.

Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is competitive, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 4.4/5.

Market Presence: Around 40000 active clients use this broker.

Frequently Asked Questions

The account opening charges vary significantly: Lemonn 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: Lemonn offers ₹20 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: Lemonn 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: Lemonn 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: Lemonn 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: Lemonn (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: Lemonn 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: Lemonn 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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