Nj Wealth Vs Sbi Securities Vs Blinkx Comparison

The comparison between NJ Wealth, SBI Securities, and BlinkX highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Nj Wealth is known for its user-friendly trading experience and reliability, while Sbi Securities 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 72000, 991,155 active, and 40000 users respectively, reflecting their popularity among investors. Overall, this comparison of NJ Wealth, SBI Securities, 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 NJ Wealth, SBI Securities, and BlinkX reveals significant differences in their offerings. NJ Wealth provides 4 for Overall Rating, while SBI Securities offers 4 and BlinkX features 4.

Services / FeaturesNJ WealthSBI SecuritiesBlinkX
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Full Service Broker
Exchanges Supported NSE, BSE NSE, BSE NSE, BSE, MCX
Active Clients 72000 991,155 active 40000
Broker Overview NJ Wealth Review SBI Securities Review BlinkX Review

Account Opening Charges and AMC

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

Account Opening Charges and AMCNJ WealthSBI SecuritiesBlinkX
Trading Account Opening Free
Trading AMC ₹300 per year ₹300 per year
Demat Account Opening Free
Demat AMC ₹300 ₹300 per year
Provide DP Service Yes Yes Yes

Brokerage Plans

The brokerage plans comparison between NJ Wealth, SBI Securities, and BlinkX reveals significant differences in their offerings. NJ Wealth provides No plans, while SBI Securities offers Available and BlinkX features Yes.

Brokerage PlansNJ WealthSBI SecuritiesBlinkX
Multiple Plans No Available Yes
Monthly Plans No - 249
Yearly Plans No Available 899

Brokerage Charges

This comparison between NJ Wealth, SBI Securities, and BlinkX reveals significant differences in their brokerage charges. NJ Wealth charges 0.10 of Transaction Value brokerage on equity delivery and intraday, 0.01 of Transaction Value for futures, and Rs.10 per Lot for options. SBI Securities charges N/A brokerage on equity delivery and intraday, N/A for futures, and N/A for options. BlinkX charges N/A brokerage on equity delivery and intraday, ₹10 per Order for futures, and ₹10 per Order for options.

Brokerage ChargesNJ WealthSBI SecuritiesBlinkX
Plan Name - - -
Equity Delivery 0.10 of Transaction Value
Equity Intraday 0.01 of Transaction Value
Equity Futures 0.01 of Transaction Value ₹10 per Order
Equity Options Rs.10 per Lot ₹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 ₹30 per trade ₹20 per executed order ₹50 + 18% GST per day
Auto Square Off Charges ₹30 per trade ₹40 per order ₹50 + 18% GST per day
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Transactions Charges

This comparison between NJ Wealth, SBI Securities, and BlinkX reveals significant differences in their transactions. NJ Wealth provides 0.00335% (NSE) & As per Stock (BSE) for Transaction Charges Equity Delivery, while SBI Securities 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 ChargesNJ WealthSBI SecuritiesBlinkX
Equity Delivery 0.00335% (NSE) & As per Stock (BSE) NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) 0.00297% on both sides
Equity Intraday 0.00335% (NSE) & As per Stock (BSE) NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) 0.00297% on both sides
Equity Futures 0.002% (NSE & BSE) NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 0.00173% on both sides
Equity Options 0.053% (on premium) NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) 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 NJ Wealth, SBI Securities, and BlinkX when compared.

Account FeaturesNJ WealthSBI SecuritiesBlinkX
3-in-1 Account No Yes 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 NJ Wealth, SBI Securities, and BlinkX reveals significant differences in their offerings. NJ Wealth, SBI Securities and BlinkX provide web trading platforms and mobile trading platforms.

Trading PlatformsNJ WealthSBI SecuritiesBlinkX
Web Trading Platform Yes Yes Yes
Web Trading Detail NJ Wealth SBI Securities 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 NJ Wealth, SBI Securities, and BlinkX reveals significant differences in their offerings. NJ Wealth provides 4 for Fees Ratings, while SBI Securities offers 4.2 and BlinkX features 4.3.

Broker RatingsNJ WealthSBI SecuritiesBlinkX
Fees Ratings 4 4.2 4.3
Trading Brokerage Rating 4 3.8 4.3
Trading Platform Usability 4 3.9 4.4
Customer Service Ratings 4 3.9 4.4
Overall Ratings 4 3.9 4.3

Investment Offerings

This comparison between NJ Wealth, SBI Securities, and BlinkX reveals significant differences in their investment offerings. NJ Wealth provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while SBI Securities 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 OfferingsNJ WealthSBI SecuritiesBlinkX
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 Yes No
Insurance No Yes No
Forex Yes Yes 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 NJ Wealth, SBI Securities, and BlinkX reveals significant differences in their customer support offerings. NJ Wealth provides Yes Customer Service, while SBI Securities offers Yes and BlinkX features No.

Customer Support OfferedNJ WealthSBI SecuritiesBlinkX
24/7 Customer Service Yes Yes No
Email Support Yes Yes Yes
Online Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No -
Through Branches Yes Yes -
Customer Care Number 0261-6155000 02268545555 +91 9240250411
Account Opening Process Online Online/offline Online/Paperless
Customer Support Email [email protected] [email protected]
Knowledge Center / Education https://blinkx.in/en/knowledge-base
Head Office Address

BLOCK NO.901 & 902, 6TH FLOOR, ‘B’ TOWER, UDHNA UDYOG NAGAR SANGH COMMERCIAL COMPLEX,
CENTRAL ROAD NO. 10, UDHNA, SURAT – 394210, GUJARAT

Marathon Futurex, B-wing, 12th Floor, Lower Parel East, Mumbai – 400013

Great Oasis, 8th floor,

Marol Industrial Area, MIDC Road – 21,

Marol, Andheri (E), Mumbai -93

Website https://www.njwealth.in/ https://www.sbisecurities.in/ https://blinkx.in/

Research and Reports

The research and reports comparison between NJ Wealth, SBI Securities, and BlinkX reveals significant differences in their offerings.

Research and ReportsNJ WealthSBI SecuritiesBlinkX
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 NJ Wealth, SBI Securities, and BlinkX reveals significant differences in their demat account charges. NJ Wealth provides CDSL & NSDL for DP Source, while SBI Securities offers CDSL & NSDL and BlinkX features CDSL.

Demat Account ChargesNJ WealthSBI SecuritiesBlinkX
DP Source CDSL & NSDL CDSL & NSDL CDSL
DP ID CDSL - 64200 | NSDL - IN304262 NSDL: IN300351, IN301397, IN301444, IN302531 541-2020
Demat Account Annual Maintenance Charges (AMC) ₹300 ₹300 per year
Advance Deposit No No No
Transaction Charges on Debit (Per ISIN)
Demat ₹20/-per certificate + ₹50/-for courier charges Rs 5 per cert + Rs 35 courier charges per request
Remat ₹150/- per certificate + courier handling Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity
Pledge Creation ₹40/- per ISIN 0.02% of Value or Min Rs 25/- whichever is higher Rs 50 per transaction
Pledge Creation Confirmation ₹40/- per ISIN 0.02% of Value or Min Rs 25/- whichever is higher Rs 50 per transaction
Pledge Closure ₹40/- per ISIN 0.02% of Value or Min Rs 25/- whichever is higher Rs 50 per transaction
Pledge Closure Confirmation ₹40/- per ISIN 0.02% of Value or Min Rs 25/- whichever is higher Rs 50 per transaction
Pledge Invocation ₹40/- per ISIN 0.02% of Value or Min Rs 25/- whichever is higher Rs 50 per transaction
Failed Instruction Charges ₹350 for a cheque bounce Rs 10 per failed instruction -
Other Charges No

Advantages and Disadvantages

BrokerProsCons
NJ Wealth
  • Comprehensive Product Offering
  • Strong Advisor / Distributor Network
  • Flexible Brokerage Structure
  • Complaint Handling Mechanism
  • Reasonable Charges for Certain Services
  • Brokerage on Delivery Trades Can Be High
  • Trading AMC / Maintenance Charges
  • Complex Pricing / Hidden Fees
  • Platform / Technology Limitations
  • Capital Market Segment Deactivation Risk
SBI Securities
  • Strong backing & brand trust
  • Full-service offerings
  • Wide product offering & integration
  • Suitable for moderate/long-term investors

  • Relatively higher costs
  • Technology/platform issues
  • Less attractive for very active traders
  • Customer service/charge issues 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: NJ Wealth charges Not specified, SBI Securities 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: NJ Wealth offers 0.01 of Transaction Value for equity intraday, SBI Securities provides Not specified, 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: NJ Wealth offers 4, SBI Securities 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: NJ Wealth has 4 support, SBI Securities 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: NJ Wealth with 4, SBI Securities with 3.9, 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: NJ Wealth (Yes), SBI Securities (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: NJ Wealth offers user-friendly platforms with educational resources, SBI Securities 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: NJ Wealth focuses on intuitive design and quick execution, SBI Securities 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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