Mirae Asset Sharekhan Vs Paytm Money Vs Blinkx Comparison

The comparison between Mirae Asset Sharekhan, Paytm Money, and BlinkX highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Mirae Asset Sharekhan is known for its user-friendly trading experience and reliability, while Paytm Money 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 31 lakh, 6.89 lakh, and 40000 users respectively, reflecting their popularity among investors. Overall, this comparison of Mirae Asset Sharekhan, Paytm Money, 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 Mirae Asset Sharekhan, Paytm Money, and BlinkX reveals significant differences in their offerings. Mirae Asset Sharekhan provides 4 for Overall Rating, while Paytm Money offers 4 and BlinkX features 4.

Services / FeaturesMirae Asset SharekhanPaytm MoneyBlinkX
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Full Service Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE, MCX NSE, BSE, MCX
Active Clients 31 lakh 6.89 lakh 40000
Broker Overview Mirae Asset Sharekhan Review Paytm Money Review BlinkX Review

Account Opening Charges and AMC

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

Account Opening Charges and AMCMirae Asset SharekhanPaytm MoneyBlinkX
Trading Account Opening Free
Trading AMC ₹300 per year
Demat Account Opening Free
Demat AMC ₹ 400 ₹300 per year
Provide DP Service Yes Yes Yes

Brokerage Plans

The brokerage plans comparison between Mirae Asset Sharekhan, Paytm Money, and BlinkX reveals significant differences in their offerings. Mirae Asset Sharekhan provides - plans, while Paytm Money offers - and BlinkX features Yes.

Brokerage PlansMirae Asset SharekhanPaytm MoneyBlinkX
Multiple Plans - - Yes
Monthly Plans - - 249
Yearly Plans - - 899

Brokerage Charges

This comparison between Mirae Asset Sharekhan, Paytm Money, and BlinkX reveals significant differences in their brokerage charges. Mirae Asset Sharekhan charges 0.30% on trade price or minimum 1 paisa per share brokerage on equity delivery and intraday, 0.02% per transaction value (each side) for futures, and ₹39 per lot (each side) 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. BlinkX charges N/A brokerage on equity delivery and intraday, ₹10 per Order for futures, and ₹10 per Order for options.

Brokerage ChargesMirae Asset SharekhanPaytm MoneyBlinkX
Plan Name - - -
Equity Delivery 0.30% on trade price or minimum 1 paisa per share 2.5% or Rs. 20 per order
Equity Intraday 0.02% on trade price or minimum 1 paisa per share 0.05% or Rs. 20 per order
Equity Futures 0.02% per transaction value (each side) 0.02% or Rs. 20 per order ₹10 per Order
Equity Options ₹39 per lot (each side) Rs. 20 per order ₹10 per Order
Currency Futures 0.02% per transaction value (each side) ₹10 per Order
Currency Options ₹5 per lot (each side) ₹10 per Order
Commodity Futures 0.10% (one side)
Commodity Options 1% on premium or ₹150, whichever is higher
Hidden Charges No No No
Call & Trade Charges NA 50 + GST ₹50 + 18% GST per day
Auto Square Off Charges ₹50 per order 50 + GST ₹50 + 18% GST per day
Brokerage Calculator

Transactions Charges

This comparison between Mirae Asset Sharekhan, Paytm Money, and BlinkX reveals significant differences in their transactions. Mirae Asset Sharekhan provides NSE: 0.00297% | 0.00375% for Transaction Charges Equity Delivery, while Paytm Money offers 0.00297% for NSE | 0.00375% for BSE and BlinkX features 0.00297% on both sides.

Transactions ChargesMirae Asset SharekhanPaytm MoneyBlinkX
Equity Delivery NSE: 0.00297% | 0.00375% 0.00297% for NSE | 0.00375% for BSE 0.00297% on both sides
Equity Intraday NSE: 0.00297% | 0.00375% 0.00297% for NSE | 0.00375% for BSE 0.00297% on both sides
Equity Futures NSE: 0.00173% 0.03503% for NSE | 0.03250% for BSE 0.00173% on both sides
Equity Options NSE: 0.03503% on Premium 0.00173% for NSE | 0.0% for BSE 0.03503% on both sides
Currency Futures NSE: 0.00035% 0.0035% on both sides
Currency Options NSE: 0.0311% 0.0311% on both sides
Commodity 0.0418% 0.0418% on both sides

Account Features

These are the notable distinctions in the account features of Mirae Asset Sharekhan, Paytm Money, and BlinkX when compared.

Account FeaturesMirae Asset SharekhanPaytm MoneyBlinkX
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 Yes No

Trading Platforms

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

Trading PlatformsMirae Asset SharekhanPaytm MoneyBlinkX
Web Trading Platform Yes Yes Yes
Web Trading Detail Paytm Money Web 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 Paytm Money Download
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 Mirae Asset Sharekhan, Paytm Money, and BlinkX reveals significant differences in their offerings. Mirae Asset Sharekhan provides 4.3 for Fees Ratings, while Paytm Money offers 4.2 and BlinkX features 4.3.

Broker RatingsMirae Asset SharekhanPaytm MoneyBlinkX
Fees Ratings 4.3 4.2 4.3
Trading Brokerage Rating 4.3 4.3 4.3
Trading Platform Usability 4,3 4.3 4.4
Customer Service Ratings 4.2 4.2 4.4
Overall Ratings 4.3 4.3 4.3

Investment Offerings

This comparison between Mirae Asset Sharekhan, Paytm Money, and BlinkX reveals significant differences in their investment offerings. Mirae Asset Sharekhan provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while Paytm Money 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 OfferingsMirae Asset SharekhanPaytm MoneyBlinkX
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 No Yes
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes Yes No
Other Investment Options Yes Yes Yes

Customer Support Offered

This comparison between Mirae Asset Sharekhan, Paytm Money, and BlinkX reveals significant differences in their customer support offerings. Mirae Asset Sharekhan provides Yes Customer Service, while Paytm Money offers N/A and BlinkX features No.

Customer Support OfferedMirae Asset SharekhanPaytm MoneyBlinkX
24/7 Customer Service Yes No
Email Support Yes Yes Yes
Online Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number -
Through Branches Yes -
Customer Care Number 02241683500 022-64891010 +91 9240250411
Account Opening Process Online/Paperless Online Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://www.sharekhan.com/learn-and-grow https://blinkx.in/en/knowledge-base
Head Office Address

Sharekhan Limited, 1st Floor, Tower No. 3,

Equinox Business Park, LBS Marg, Off BKC,

Kurla (West), Mumbai 400 070, Maharashtra, India.

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

Varthur Hobli Sarjapura Main Road
Bangalore, Karnataka -560103

Great Oasis, 8th floor,

Marol Industrial Area, MIDC Road – 21,

Marol, Andheri (E), Mumbai -93

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

Research and Reports

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

Research and ReportsMirae Asset SharekhanPaytm MoneyBlinkX
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 Mirae Asset Sharekhan, Paytm Money, and BlinkX reveals significant differences in their demat account charges. Mirae Asset Sharekhan provides NSDL & CDSL for DP Source, while Paytm Money offers CDSL and BlinkX features CDSL.

Demat Account ChargesMirae Asset SharekhanPaytm MoneyBlinkX
DP Source NSDL & CDSL CDSL CDSL
DP ID NSDL - 300513 | CDSL - 12036000 12088800 541-2020
Demat Account Annual Maintenance Charges (AMC) ₹ 400 ₹300 per year
Advance Deposit No No No
Transaction Charges on Debit (Per ISIN)
Demat ₹ 5 per share certificate (minimum ₹ 50 per request)
Remat ₹ 50 per certificate or ₹ 50 for every hundred securities
Pledge Creation ₹ 20 per transaction ₹15 + GST Rs 50 per transaction
Pledge Creation Confirmation NA ₹15 + GST Rs 50 per transaction
Pledge Closure ₹ 20 per transaction ₹15 + GST Rs 50 per transaction
Pledge Closure Confirmation NA ₹15 + GST Rs 50 per transaction
Pledge Invocation ₹ 20 per transaction ₹15 + GST Rs 50 per transaction
Failed Instruction Charges NA -
Other Charges NA No

Advantages and Disadvantages

BrokerProsCons
Mirae Asset Sharekhan
  • Established brand/reputation
  • Wide range of products & services
  • Strong research & advisory support
  • Free fund-transfer/call & trade facility
  • Advanced trading platform
  • Higher brokerage & fee structure
  • Minimum brokerage cost is a disadvantage for small trades
  • Platform complexity & beginner-unfriendly aspects
  • Customer support/service issues
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
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: Mirae Asset Sharekhan charges Not specified, Paytm Money 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: Mirae Asset Sharekhan offers 0.02% on trade price or minimum 1 paisa per share for equity intraday, Paytm Money provides 0.05% or Rs. 20 per order, 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: Mirae Asset Sharekhan offers 4, Paytm Money 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: Mirae Asset Sharekhan has 4 support, Paytm Money 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: Mirae Asset Sharekhan with 4,3, Paytm Money with 4.3, 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: Mirae Asset Sharekhan (Yes), Paytm Money (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: Mirae Asset Sharekhan offers user-friendly platforms with educational resources, Paytm Money 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: Mirae Asset Sharekhan focuses on intuitive design and quick execution, Paytm Money 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.

Stock Broker Review

Save your Brokerage Now! Open Free Demat Account
Scroll to Top