Lemonn Vs Blinkx Vs Axis Direct Comparison

The comparison between Lemonn, BlinkX, and Axis Direct 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 Blinkx stands out for offering competitive brokerage rates and an advanced mobile trading platform. Axis Direct provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 8.27 Lakhs, 40000, and 4.4 lakh users respectively, reflecting their popularity among investors. Overall, this comparison of Lemonn, BlinkX, and Axis Direct helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

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

Services / FeaturesLemonnBlinkXAxis Direct
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 40000 4.4 lakh
Broker Overview Lemonn Review BlinkX Review Axis Direct Review

Account Opening Charges and AMC

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

Account Opening Charges and AMCLemonnBlinkXAxis Direct
Trading Account Opening Free Free
Trading AMC ₹300 per year ₹ 790
Demat Account Opening Free Zero
Demat AMC ₹250 + GST per year ₹300 per year ₹ 790
Provide DP Service Yes Yes Yes

Brokerage Plans

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

Brokerage PlansLemonnBlinkXAxis Direct
Multiple Plans - Yes -
Monthly Plans - 249 -
Yearly Plans - 899 -

Brokerage Charges

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

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

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

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

Account Features

These are the notable distinctions in the account features of Lemonn, BlinkX, and Axis Direct when compared.

Account FeaturesLemonnBlinkXAxis Direct
3-in-1 Account No No Yes
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 No No Yes

Trading Platforms

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

Trading PlatformsLemonnBlinkXAxis Direct
Web Trading Platform Yes Yes Yes
Web Trading Detail Lemonn BlinkX Axis Direct
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 Lemonn, BlinkX, and Axis Direct reveals significant differences in their offerings. Lemonn provides 4 for Fees Ratings, while BlinkX offers 4.3 and Axis Direct features 4.2.

Broker RatingsLemonnBlinkXAxis Direct
Fees Ratings 4 4.3 4.2
Trading Brokerage Rating 4 4.3 4.0
Trading Platform Usability 4 4.4 4.2
Customer Service Ratings 4 4.4 4.1
Overall Ratings 4 4.3 4.2

Investment Offerings

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

Investment OfferingsLemonnBlinkXAxis Direct
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 Yes
Insurance No No Yes
Forex Yes Yes Yes
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service No No Yes
Other Investment Options Yes Yes Yes

Customer Support Offered

This comparison between Lemonn, BlinkX, and Axis Direct reveals significant differences in their customer support offerings. Lemonn provides No Customer Service, while BlinkX offers No and Axis Direct features Yes.

Customer Support OfferedLemonnBlinkXAxis Direct
24/7 Customer Service No No Yes
Email Support Yes Yes Yes
Online Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No - Yes
Through Branches Yes - Yes
Customer Care Number +918035769929 +91 9240250411 022-40508080
Account Opening Process Online Online/Paperless Online/Offline
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://blinkx.in/en/knowledge-base https://simplehai.axisdirect.in/learn/overview
Head Office Address

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

Mahakali Caves Road, Opp. Ahura Centre,

Andheri East, Chakala Midc, Mumbai, Maharashtra – 400093

Great Oasis, 8th floor,

Marol Industrial Area, MIDC Road – 21,

Marol, Andheri (E), Mumbai -93

Unit 002 A, Building – A, Agastya Corporate Park,

Piramal Realty, Kamani Junction, Kurla West,

Mumbai – 400 070

Website https://lemonn.co.in/ https://blinkx.in/ https://simplehai.axisdirect.in/

Research and Reports

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

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

Demat Account ChargesLemonnBlinkXAxis Direct
DP Source CDSL CDSL CDSL & NSDL
DP ID 96400 541-2020 NSDL - 300484 | CDSL - 12049200
Demat Account Annual Maintenance Charges (AMC) ₹250 + GST per year ₹300 per year Rs 750 per year
Advance Deposit No No No
Transaction Charges on Debit (Per ISIN)
Demat ₹150 per certification + courier fees Rs 5 per certificate subject to minimum of Rs 50 per request, whichever is higher
Remat ₹150 per certification + courier fees Rs 20 for every 100 securities or part thereof or Rs 50 per request whichever is higher
Pledge Creation ₹20 per ISIN Rs 50 per transaction Rs 50 per instruction
Pledge Creation Confirmation ₹20 per ISIN Rs 50 per transaction Nil
Pledge Closure ₹20 per ISIN Rs 50 per transaction Rs 50 per instruction
Pledge Closure Confirmation ₹20 per ISIN Rs 50 per transaction Nil
Pledge Invocation ₹20 per ISIN Rs 50 per transaction Rs 50 per instruction
Failed Instruction Charges ₹13.5 + GST - Rs 10 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
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
Axis Direct
  • Strong backing/trustworthy brand
  • 3-in-1 account setup (bank + trading + demat)
  • Wide range of services & products
  • Research support & tools
  • Hidden/complex extra charges/maintenance fees
  • Possibly less margin/exposure, and fewer perks for heavy traders
  • Customer support/platform & execution concerns
  • Platform/usability/hidden cost issues

Frequently Asked Questions

The account opening charges vary significantly: Lemonn charges Not specified, BlinkX charges Free, and Axis Direct 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, BlinkX provides Not specified, and Axis Direct 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, BlinkX provides 4, and Axis Direct 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, BlinkX offers 4, and Axis Direct 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, BlinkX with 4.4, and Axis Direct with 4.2. 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), BlinkX (Yes), and Axis Direct (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, BlinkX provides competitive pricing with intuitive interfaces, and Axis Direct 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, BlinkX emphasizes advanced charting and analysis tools, while Axis Direct 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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