Alice Blue

Discount Broker

About Broker

Alice Blue is a discount broker that provides trading platforms for various exchanges such as BSE, NSE, and MCX. As of March 2024, Alice Blue has an active client base of 163,442.

Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

Equity Commodity Currency Futures Options

Brokerage Plan

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.

Charges

account opening

Free

account maintenance

₹400

call trade

₹20

Brokerage

equity delivery

Zero

equity intraday

0.01% on order value upto ₹15

equity futures

0.01% on order value upto ₹15

equity options

₹15 per order

currency futures

0.01% on order value upto ₹15

currency options

₹15 per order

commodity futures

0.01% on order value upto ₹15

commodity options

₹15 per order

Margins

Equity Delivery

1x As per exchange

Equity Intraday

5x As per exchange

Equity Futures

1x As per exchange

Equity Options

1x As per exchange

Currency Futures

1x As per exchange

Currency Options

1x As per exchange

Commodity Futures

1x As per exchange

Commodity Options

1x As per exchange

Platforms Offered

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.

ANT Mobi ANT Web Trade School

Other Details

Pros

Advantages and Strengths of this broker.

The Freedom (F20) plan offers free Equity Delivery brokerage.

The trading platform is supported by ANT technology.

NEST provides a Risk and Order Management System to aid in understanding trading strategies.

ANT Trading Software is provided free of charge to all customers.

Access is provided to a variety of third-party online trading tools and apps.

A complimentary daily market report is available to all customers.

Cons

Disadvantages of this broker that it needs to improve upon.

NCDs and corporate bonds are not available.

Call & Trade services are available at an additional cost of ₹20 per executed order.

The presence of numerous third-party products contributes to site clutter.

Quality assistance cannot be guaranteed.

Additional Features

Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.

3 in 1 Account

free trading calls

free research

sms alerts

margin funding

margin against share

Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.

mutual funds

ipo platform

bonds debt

exchange traded funds

Equily Charges

transaction charges

BSE: NA

NSE:

clearing charges

dp charges

Sell-side, ₹ 18.5

gst

18% on Brokerage + Transaction

stt

₹ 100 per Lacs

sebi charges

₹ 15/Crore

transaction charges

BSE: NA

NSE:

clearing charges

dp charge

gst

18% on Brokerage + Transaction

stt

sell side, ₹25 per Lacs

sebi charges

₹ 15/Crore

transaction charges

BSE: NA

NSE:

clearing charges

NSE:

dp charge

gst

18% on Brokerage + Transaction

stt

sell side, ₹10 per Lacs

sebi charges

₹ 15/Crore

transaction charges

NSE:

clearing charges

NSE:

dp charge

gst

18% on Brokerage + Transaction

stt

sell side, ₹50 per Lacs

sebi charges

₹ 15/Crore

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