Lemonn Vs Upstox Vs Blinkx Comparison

The comparison between Lemonn, Upstox, 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 Upstox 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, 23.78 lakh, and 40000 users respectively, reflecting their popularity among investors. Overall, this comparison of Lemonn, Upstox, 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, Upstox, and BlinkX reveals significant differences in their offerings. Lemonn provides 4 for Overall Rating, while Upstox offers 4.5 and BlinkX features 4.

Services / FeaturesLemonnUpstoxBlinkX
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Full Service Broker
Exchanges Supported NSE, BSE NSE, BSE NSE, BSE, MCX
Active Clients 8.27 Lakhs 23.78 lakh 40000
Broker Overview Lemonn Review Upstox Review BlinkX Review

Account Opening Charges and AMC

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

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

Brokerage Plans

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

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

Brokerage Charges

This comparison between Lemonn, Upstox, 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. Upstox charges ₹20 brokerage on equity delivery and intraday, ₹20 or 0.1% for futures, and ₹20 for options. BlinkX charges N/A brokerage on equity delivery and intraday, ₹10 per Order for futures, and ₹10 per Order for options.

Brokerage ChargesLemonnUpstoxBlinkX
Plan Name - - -
Equity Delivery ₹20 per executed order ₹20
Equity Intraday ₹20 per executed order ₹20 or 0.1%
Equity Futures ₹20 per executed order ₹20 or 0.1% ₹10 per Order
Equity Options ₹20 per executed order ₹20 ₹10 per Order
Currency Futures ₹20 or 0.5% ₹10 per Order
Currency Options ₹20 ₹10 per Order
Commodity Futures
Commodity Options
Hidden Charges No No No
Call & Trade Charges ₹50 per ISIN ₹75 + GST ₹50 + 18% GST per day
Auto Square Off Charges ₹50 per ISIN ₹75 + GST ₹50 + 18% GST per day
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Transactions Charges

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

Transactions ChargesLemonnUpstoxBlinkX
Equity Delivery NSE: 0.00297% per trade 0.00297% on both sides
Equity Intraday NSE: 0.00297% per trade 0.00297% on both sides
Equity Futures NSE: 0.00188% 0.00173% on both sides
Equity Options NSE: 0.0495% (on premium) 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 0.05% 0.0418% on both sides

Account Features

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

Account FeaturesLemonnUpstoxBlinkX
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 No No

Trading Platforms

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

Trading PlatformsLemonnUpstoxBlinkX
Web Trading Platform Yes Yes Yes
Web Trading Detail Lemonn Upstox 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 Free Zero

Broker Ratings

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

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

Investment Offerings

This comparison between Lemonn, Upstox, 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 Upstox 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 OfferingsLemonnUpstoxBlinkX
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 Offered

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

Customer Support OfferedLemonnUpstoxBlinkX
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 Yes Yes -
Customer Care Number +918035769929 022-41792999 +91 9240250411
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://upstox.com/uplearn/ 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

30th Floor, Sunshine Tower,

Senapati Bapat Marg, Dadar (W),

Mumbai, Maharashtra 400013

Great Oasis, 8th floor,

Marol Industrial Area, MIDC Road – 21,

Marol, Andheri (E), Mumbai -93

Website https://lemonn.co.in/ https://upstox.com/ https://blinkx.in/

Research and Reports

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

Research and ReportsLemonnUpstoxBlinkX
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, Upstox, and BlinkX reveals significant differences in their demat account charges. Lemonn provides CDSL for DP Source, while Upstox offers CDSL and BlinkX features CDSL.

Demat Account ChargesLemonnUpstoxBlinkX
DP Source CDSL CDSL CDSL
DP ID 96400 81800 541-2020
Demat Account Annual Maintenance Charges (AMC) ₹250 + GST per year Rs 300 ₹300 per year
Advance Deposit No No No
Transaction Charges on Debit (Per ISIN)
Demat ₹150 per certification + courier fees
Remat ₹150 per certification + courier fees
Pledge Creation ₹20 per ISIN ₹20 + GST per scrip Rs 50 per transaction
Pledge Creation Confirmation ₹20 per ISIN Yes Rs 50 per transaction
Pledge Closure ₹20 per ISIN ₹20 + GST per scrip Rs 50 per transaction
Pledge Closure Confirmation ₹20 per ISIN Yes Rs 50 per transaction
Pledge Invocation ₹20 per ISIN ₹20 + GST per scrip Rs 50 per transaction
Failed Instruction Charges ₹13.5 + GST ₹50 per transaction -
Other Charges No 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
Upstox
  • Low brokerage charges
  • User-friendly mobile and web trading platforms
  • Backed by a reputed investor, Ratan Tata
  • Fast account opening process
  • Provides API-based trading
  • Slow customer support
  • No advisory services
  • Margin funding is limited
  • Occasional technical glitches reported
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: Lemonn charges Not specified, Upstox charges Free, 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, Upstox provides ₹20 or 0.1%, 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, Upstox provides 4.5, 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, Upstox offers 4.4, 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, Upstox with 4.4, 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), Upstox (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, Upstox 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, Upstox 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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