Table of Contents

India High margin Broker Aliceblue online

1. Aliceblue Online Review 

Aliceblue online one of the top trading Bangalore based stock agency firm which is also known as Aliceblue online Financial Services, founded by Sidhavelayutham in 2006.

This Chennai based discount stock broker firm offers commodity service and stock market services. Its registered office located in Erode and Corporate office located in Bangalore.

It has running membership with NSE, BSE, MCX, MCX-SX, and NCDEX, which allows its clients to trade and invest in Equity, depository services, Commodity, and Currency trading.

A simple reason for Aliceblue online popularity is a flat-free brokerage plan. To clarify, it is designed to offer cheap brokerage fees for the customers.

In this short period, this broking house has a vast and strong network all over India, having 1000+ business partners and 15 direct branches across India.

Company TypePublic / Private
Broker TypeDiscount Broker
HeadquartersBangalore
Margin ProvidedHigh(only commodity)
DirectorMr. Sidhavelayutham
AMCFree
Established YearThe Year 2006

Important Point(road map)        

This financial service Aliceblue online also provides its customers with an online platform for share trading and investment. The platform which it is offering known as ANT(Analyses and Trade), build up by TradeLab and backend features provides by Omnesys NEST.

Aliceblue online discount broking firm has 21 plus years experience as well as providing free Demat account service and lifetime AMC service. However, equity delivery brokerage charges are free.

Talking about the fourth intraday brokerage charges, whichever is less than 0.01% and Rs. 20 is taken from you here.

1.1 Let’s figure out the USP of Aliceblue online the financial house

This financial service provider is a leading discount broker just because of its impressive USP, unique selling points. Here are some of the USP of Aliceblue online financial Service:

  • Twenty-one years of experience and trust.
  •  A low-cost, simple, flat-free brokerage plan for the customer: Top Discount Brokerage plan F20.
  • Free Equity Delivery Brokerage.
  • Higher limits up to 20x in Equity Intraday
  • For all customers, trading software is free.

Furthermore, the customer doesn’t need to pay any additional cost, as AMC Demat Account is free for a lifetime.

2. PRICING

Aliceblue online India is a zero brokerage trading company; however, they have few pricing plans based on the subscription level.  Let’s find out charges in detail.

Annual Maintenance Charges (AMC) is free, and Demat is nominal. They don’t charge any margin money from customers.

2.2 Aliceblue online Account Opening Charges.

The account opening charges are FREE (lifetime) and Demat AMC of Rs. 350 per annum; however, on the other hand, Trading AMC is free. The best part of Aliceblue online brokerage charges is that they don’t ask for any marginal money nor having any hidden costs, so we must say a fairly well transparent company.
 
Are mentioned Details of the Account opening Charges below.

Trading AccountRs.310
Demat AccountRs. 0 (free)
Commodity AccountRs. 120
 Trading and Demat Annual Maintenance Charges. (AMC)Trading: 0 Demat: Rs0/ 1st year Rs.350/year (after 1st year)

2.3 Aliceblue online Brokerage Charges/Brokerage Plans

Aliceblue online Brokerage Charges

Aliceblue online is trendy because of its low commission charges. It is quite appreciable that this company is maintaining such a flat commission rate when compared with its competitors.

Consequently, providing the cheapest equity and commodity brokerage trading commission gives high customer return and maximum benefits

Equity Delivery Trading0.01%
Equity Intraday Trading0.01%
Equity Futures Trading0.01%
Equity Options TradingRs.10
Currency Futures TradingRs.10
Currency Options TradingRs.10
Minimum BrokerageRs.10
Aliceblue Online open demat account offer

Aliceblue online Brokerage Plans

Aliceblue online is one of the best companies to provide multiple brokerage plans. The plans are straightforward to understand and quite pocket-friendly too. 

It is the only company that provides a variety of plans for every segment of people. Switching from one plan to another is also a hassle-free and straightforward process.

Details about Brokerage Plans:

Brokerage PlansBrokerage ChargesSubscription Fees(In advance)Validity
Freedom planRs.16 per dayRs. 55551 year
Rs.6 per dayRs. 99995 years
Rs.2 per dayRs.1499910 years
T20 plan Rs.20 per tradeNonelifetime

2.3 Aliceblue online Other Online Charges

Aliceblue online brokerage provides the best in class value for money charges to its clients, which are very nominal.

Transaction Charges0.0026% of Total Turnover
STT0.01% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Fees for Stamp DutyVaries from state to state  (very minimal)
GST18% of (Brokerage + Transaction Charges)

3. Aliceblue Online Margins or Leverages or limit

The broking company provides the highest 20x exposure to their customers. However, an exposure level depends on various conditions:

  • Clients Holdings (high exposure)
  • Clients History (old client gets high leverage)
  • Types of investment (Equity, Derivatives, Currency, Commodity)
  • Company Scrip (High net worth company has high exposure scrip)

It’s quite apparent that when we want to start trading, we need to pay brokerage charges to the broker. Alice blue online is one of the top company in case of brokerage or commission charges. Overall, with this discount broker, we can buy or sell stocks in equity, commodities, and currency derivative trading.

3.1 Basic Margin/Exposure

Equity DeliveryZero
Equity IntradayUp to 20x
Equity FuturesUp to 5x
Equity OptionsZero
Currency FuturesUp to 5x
Currency OptionsZero
CommoditiesUp to 3x

3.1 Different Margins Plan of Aliceblue online

There are two plans named F20 and Traditional. Let’s check out the plans in details:

 F20 PLAN

In this plan, MIs Intraday for Equity is 10X, Future and OPT Sell are 5X, and OPT Buy is 3X. However, Bracket Order for Equity and Future are 20X and for OPT Buy and Sell are Not accessible. 

Cover order is also not accessible for all segments except Future Segment, which is 20X. CNS Delivery for all segments is 1X except Equity Segment, which is 3X. 

Under this plan, Equity is A Group Share; Future is as per margin, OPT Buy is as per premium, OPT Sell and MCX are as per Margin. Furthermore, the Index option limit will be 5X only for selling on every expiry date.

SegmentMargin / Exposure / Limit
Equity(Intraday)Up to 10 times for Intraday
Equity(Delivery)Up to 2 times for delivery
Equity FuturesUp to 2 times for Intraday
Equity OptionsZero leverage only for Buying,Up to 2 times for intraday shorting
Currency FuturesUp to 1.5 times for Intraday
Currency optionsUp to 2 times for intraday
CommodityUp to 2 times for intraday

TRADITIONAL PLAN

In this plan, MIs Intraday for Equity is 20X, Future and OPT Sell are 10X, and OPT Buy is 3X. Bracket Order for Equity is nil, but the Future is 20X and for OPT Buy and Sell are Not accessible.

Cover order is also not accessible for all segments except Future Segment, which is 20X. CNS Delivery for all segment is 1X except Equity Segment, which is 3X. 

Under this plan, Equity is A Group Share; Future is as per margin, OPT Buy is as per premium, OPT Sell and MCX are as per Margin. Furthermore, the Index option limit will be 5X only for selling on every expiry date.

Equity(Intraday)Up to 20 times for Intraday
Equity(Delivery)Up to 3 times for delivery
Equity FuturesUp to 10 times for Intraday, No Exposure for carrying Forward Orders
Equity OptionsUp to 3 for Buying, Up to 10 times for intraday selling
Currency FuturesUp to 10 times for Intraday, No Exposure for carrying Forward Orders
Currency optionsUp to 10 times for intraday, No Exposure for carrying Forward Orders
CommodityUp to 10 times for intraday, No Exposure for carrying Forward Orders

Also read: [Review] Swastika Investmart: Brokerage Charges, Margin, Demat

4. Aliceblue Online Products/services

The discount broker deals with vast no of online services. Here are the services mentioned below.

  • Online Trading
  • Equity Trading at BSE, NSE
  • Commodities Trading at MCX and NCDEX
  • Currency Trading at BSE
  • Depository Services (Demat Account)

Aliceblue Equity Service

Fantastic service by this firm, online trading. It is indeed an excellent investment in the Indian equity market. You know what?

The brokerage fees are minimal, meaning you get more profit that you long for without giving high costs to the firm. You can indeed trade online limitlessly in the Indian Stock Exchange. Thus, this service ensures total freedom and independence.

Aliceblue Commodities

Alice blue Securities is an enlisted Trading and Clearing member from Multi Commodity Exchange of India Ltd. (MCX) and National Commodity and Derivatives Exchange Ltd (NCDEX) since it is one of the leading brokerage firms in India.

Equity TradingYes
Commodity TradingYes
Currency TradingBSE only
OptionsYes
FuturesYes
Mutual FundsNO
ForexNo
BankingNo
SIPNo
InsuranceNo

Aliceblue Online Services

Demat AccountYes
Trading AccountYes
3 in 1 AccountNo
Intraday ServicesYes
IPO ServicesNo
Stock RecommendationsNo
Robo AdvisoryNo
PMSNo
Trading InstitutionNo
Trading ExposureUp to 20x

5. Trading Platforms of Aliceblue online

Alice blue online is one of the best online trading financial brokers, and it is providing one of the best online platforms for trading with free of cost. Customers can use this platform for free.

Nowadays doing anything without technology is quite challenging to achieve. When it comes to trading effectively, we need technological advancement. However, Alice blue online played it very well and to improve its trading platforms and services.

In a nutshell, Alice’s blue financial service took a smart step to outsource all its trading platforms from different third parties. It helped them to focus on their other business aspects.

ANT (Analysis and Trade)

It is a flagship platform for trading, launched by Aliceblue online. This platform is designed with the latest technology to help traders to decide while trading. Trade Lab develops this rebranded trading app ANT.

Have a look at the Key Features of ANT

· This software provides personal trading assistance
· Helps you to go for the customized suggestion, intelligent alerts, faster execution of trades is designed advanced charts having years of data.

faster execution of trades is designed advanced charts having years of data.

The backend with OMNESYS NEST; it is the most powerful backend, used by more than 200 top brokers across India.

NEST

NEST is terminal-based trading software developed by Omnesys Technologies. All we need to do that download and install the software on desktop or laptop to do your trading kinds of stuff. The main features of this trading software are:

Perfect Market Watch across all order types.
·    Auto and Admin square off.
·    Great Aftermarket order placement.
·    Effective market analysis via live monitoring features.
·    Prompt news Alerts and Notifications.

ALICEBLUE ANT

This renowned discount broker has recently introduced its ANT ecosystem. It is a new type of online trading platform for its clients. We get couples of terminal software as well as a mobile trading application, within this ANT ecosystem.

Let’s explore some of the features within ANT ecosystem:

ANT META

It is a terminal-based application that helps you to analyze the share market across various segments like Equity, Commodity, and Currency. The app is also customizable as per user needs. As well as you can develop different trading techniques and can easily be applied to your orders when needed.

Top features of ANT META application are:

  • More than 50+ charting tools as well as technical indicators.
  • There Various Drawing tools for better-personalized share market analysis.
  • Including all necessary features like a Market watcher, Screener, brokerage calculator

 ANT Desktop

It is one of the best user-friendly mainstream trading applications that allow you to trade across different segments. The app needs to be downloaded and installed on your computer, laptop, or desktop.

Some of the top features of the ANT DESK application are:

  • Best charting tools, including both the levels Intraday (30 days) as well as Historical (10 years).
  • Amazing AMO (After Market Order) book is available.
  • Proper Real-time marketing quotes handling from BSE, NSE, MCX, etc
  • Providing daily Market Research reports.

ANT Web

It is a Web browsing trading platform; installed on any device as well as web. This light-weight trading app works excellent.

ANT Mobile (Android & iOS)

This online trading app can be installed on both Android and iOS. This software is rich with some great features like trading, exchanges, charts, fund transfer, etc. ANT Scanner is also included in this software.

Aliceblue online took a useful step by introducing a mobile-based application of ANT Tools. The app named ANT MOBI is undoubtedly a better option provided by Aliceblue Online as compared to other brokers in the market.

Best features in terms of user experience and ease of usability:

  • As per user needs, multiple order types are allowed. (Regular, Cover order, AMO).
  • Availability of 6 different charting types, including 15 different frequency/time frame variants.
  • For extra benefits, around 70 technical indicators included.
  • One clicks interface in buying and selling.

Stats about ANT Mobi based from Google Play Store:  

Number of installs10,000+
Size of the Application12 MB
Overall rating 
Overall reviews1000+
Update frequency3-4 weeks.

Top Effective Tools By Aliceblue online

When you sign up with Blue Alice, you will get essential tools service probably which you have never imagined. These tools play a vital role to calculate your profit as the most possibly easiest way.

Yes, you can access the Aliceblue online Margin Calculator, Option Calculator, Brokerage Calculator, and Pivot Points.

Such amazing Alice Blue Margin calculators will make your business secure and smooth. Furthermore, such Margin calculators help reducing stress by saving your time to calculate appropriately in less than a second!

Features of Aliceblue Online Trading Platforms

Aliceblue online is one of the most active players in the online trading platform. Let’s find out some of them.

Desktop Platform – WindowsYes
Desktop Platform – MacYes
Desktop Browser PlatformYes
Mobile Site PlatformYes
Android App PlatformYes
iOS App PlatformNo
Windows App PlatformYes
Other Mobile OS PlatformNo
Real-time UpdatesYes
Portfolio DetailsYes
Online MF BuyNo
News FlashNo
Research ReportsYes
Easy InstallationYes
Global IndicesNo
Stock TipsNo
Personalized AdvisoryNo
Interactive ChartsYes
Live MarketsYes
SMS AlertsYes
Email AlertsYes
Multi-Account ManagementNo

6. Rating of Aliceblue online

As per the stock market tally and the votes of 17 best customers of Aliceblue online here is the overall rating of this financial discount broker.

Overall Rating★★★★☆ 4.5/5
Fees★★★★☆ 4.8/5
Brokerage★★★★☆ 4.2/5
Usability★★★★☆ 4.5/5
Customer Service★★★★☆ 4/5

7. ALICEBLUE ACCOUNT OPENING PROCESS 

This discount broker company made the account opening procedure very simple. There are three simple ways to do that:

Step.1 Online Account Opening( Instant Paperless account)

Open online trading and Demat account just in few minutes, no paperwork needed. Furthermore, Automated the process via eKYC and Aadhaar. Therefore, It is a hassle-free process with no printing signing or sending the papers to brokers.

Steps of Instant Account Opening:

  1. Fill all your personal details (PAN, DoB, and Adhaar Card).
  2. You need to check and validate all your KYC details.
  3. Proper bank account details mustered mentioned along with IFSC CODE.
  4. Upload scanned copy of required documents
  5. Paying account opening fees online.
  6. E-sign all your documents and forms using OTP verification.

The process gets completed in just a few minutes if you have all the information and scanned documents handy with you as soon as you submit the online form if it goes for manual verification. The account will be opened in the same working day if every document is ok and found genuine.

Step.2 Visit Aliceblue online Branch offices.

If you are not comfortable in online account opening, no need to worry, visit your nearest Aliceblue online branch in your city and complete the opening process. The discount broker has incredible reach over 15 branches/offices across major cities.

Step.3 Requesting Account Opening Forms.

If none of those mentioned above options work for you, no need to worry call Aliceblue online customer Service and request for the account opening forms.

After receiving the form, you fill these forms, sign them, attach required documents, and send it to Alice Blue office Address.

LIST OF DOCUMENTS NEEDED FOR ACCOUNT OPENING.

Are needed the following documents required for opening a trading and Demat accounts:

  • AADHAR Card
  • PAN CARD with Photo
  • Proper Address Proof
  • Latest Bank Statement with IFSC and MICR code
  • Canceled cheque
  • Passport size photo.

If in case you want to have exclusive trading in derivative segments, then additional documents are needed.

CHECKING ACCOUNT OPENING STATUS

After submitting the account opening application to any broker (online or offline), it takes two working days to open an account. You can check your application status online via the same account opening website of Aliceblue ONLINE. If you still need any assistance, then call customer services to resolve your query.

ACCOUNT OPENING PDF FORMS.

Majority of peoples opt online account opening. It is preferred because is it a fast, paperless, error-free, and much more convenient way to open an account.

However, If anyone finds it difficult to open an account online due to any technological glitch, then the other option is to download the PDF forms from the website, fill and submit it.

Also read: [Review] Sharekhan Broker 2019: Charges, Margin, Pro & Cons

8.ALICEBLUE ONLINE CORPORATE OFFICE AND REGISTERED OFFICE 

Chennai – Mr. R. Narayanan 224/5, Srinivasa Nagar layout, Velachery, Behind Mahindra Car Showroom, Chennai – 600042, [email protected]
Bengaluru – No. 153/2, 3rd Floor, M.R.B.Arcade, Bagalur Main Road, Dwaraka Nagar, Yelahanka, Bengaluru – 560 063, Karnataka.

ALICEBLUE PARTNERS AND BRANCHES 

MUMBAI – Mr. Abhijit Patil 513, 5th Floor, Avior-Nirmal Galaxy, Opp.Johnson & Johnson L.B.S. Marg, Mulund West, Besides Deep Mandir, Mumbai – 400 080, [email protected] 
PUNE – Mr. Ajay Nimbalkar Central Chamber, 2nd Floor, Office No 10/11, Opp MPS Garden Restaurant, Above Nanumal Bhojraj Hotel, Swarget Corner, Sukhrawar Peth, Pune – 411 002, Maharashtra [email protected]
ERODE – Mr. S.Senthilnathan Selvam Agencies Building, Sathy Road West, Erode – 638 003, Tamilnadu [email protected]
HYDERABAD – Mr. Lokesh Kumar #205, 2nd Floor Pavani Estates,Near TTD Kalyana Mandapam, Himayat Nagar,Hyderabad – 500 029, Telangana. [email protected]
NEW DELHI – Mr. Krishna Kumar 101, Amrit chambers, Scindia House, Janpath, Connaught Place, New Delhi – 110 001 [email protected]

ALICEBLUE ONLINE CUSTOMER SERVICE AND SUPPORT.

If you are looking for some query or advice, this discount stock Broker allows you to get in touch with them via multiple channels of communication. Few of them are:

  • Web Form.
  • Directly visiting Offline branches in 16 major cities
  • Overcall via Phone.
  • Via emailing.

Being a Discount Stockbroker, Aliceblue Online maintained a well-balanced offline support team in the states of Tamil Nadu, Kerala, Andhra Pradesh, Telengana, Karnataka, Maharashtra, West Bengal, Odisha, and Bihar.

Alice Blue Customer care Numbers for all clients

FOR DEALINGCLIENT SUPPORTPAYOUT TIMINGS
08.30 – 23.59 , Monday – Friday9.00 – 18.00, Monday – FridayMonday to FridayNSE: Before 08:30 amMCX: Before 08:30am

Advantage/Merits/Pro

9. Aliceblue online Advantage and disadvantage/Pro and Cons 

Demerits/disadvantages/Cons

  • The best discount broker in case of Transparency with plans and pricing.
  • High leverage or exposure up to 20X in intraday trading.
  • User-friendly trading platforms, easy to understand, and smooth experience.
  • Well, a steady brokerage rate compares to other players.
  • Enhance your scope of earning by referring your friends.
  • Need to do work in online trading it’s not that advanced when compared to others.
  • Clients might face an issue with their accounts if not used in the last six months or more.
  • Mobile apps don’t get updated frequently, which causes errors while performing trade.

10.How to close Aliceblue Online Demat account

If you have decided to close your trading and Demat accounts. Alice Blue made it so simple that you can close then anytime.

Demat and Trading Account Closure form: Things need to be first ensued before requesting for account closure.

  1. Make sure your Demat account is clean, no holding (shares or mutual funds.
  2. Check all your open F&O positions before closing trading account
  3. Broker dues should be cleared.

NOTE:

  • There is no way to close your account by any online, through email or phone calls.
  • It’s mandatory to sign the closure form physically.
  • If you hold multiple accounts, then, you are bound to sign each of them separately.

Steps to close Aliceblue online Demat Account

  1. Download Account Closure PDF forms from the website under the download section.
  2. Take print, fill and sign the Account Closure Form
  3. A self-attested copy of your ledger must be attached.
  4. Attach all your DP slips, if any.
  5. Submit it personally to the nearest Aliceblue Online branch.
  6. Get the receipt from your broker for the request you placed.

NOTE:

  • Your application should get processed with three working days from the day mentioned in the receipt.
  • If any balanced fund is associated with your account will be credited to your bank account.
  • Account closure intimation with detailed account statements will be sent to the client.

Also read: Top 15 SEBI Certified Intraday Trading Strategies in 2019

CONCLUSION

It was presumed that ALICEBLUE ONLINE is a small, less-known discount broker in the stockbroking field. Recently they crossed more than 10k client base, and their growth rate is also increasing day by day. 

Their planning and expansion strategy is very well balanced. The company is planning to achieve the highest client base over a period of the next few years. We must say they are quite stable and trustworthy to have business with them.

Such unusual online trading achieved one of the highest ranks in almost every review published in printed and non-printed platforms. High exposer with minimum brokerage fees is appreciated widely. 

Customer satisfaction is immense to point out in the sense that this online trading agency never loses its customers. Also, the experts’ assistance and Alice Blue Marginal Calculator proved to be the greatest asset for this stockbroker. 

Furthermore, the most excellent services like Aliceblue Online Mobile Trading Application (ANT Mobi) and Alice Blue Back Office Transformation (BOT) make this agency as a very fast, effective, and a prominent agency in India.

11. Aliceblue Online FAQs (Frequently Asked Questions.)

Q.1 Which type of stockbroker it is?

Ans. It is a discount broker.

Q.2 Which stock and commodity exchange I can trade via Aliceblue Online ?

Ans.  It offers you to trade at BSE, NSE, MCX

Q.3 What is the equity delivery trading charge of Alice Blue?

Ans. Zero(free)

Q.4 Future brokerage charges of Alice blue?

Ans. Rs 20/order or 0.01 whichever is lower

Q.5 Do Alice blue offer BTST and STBT orders?

Ans. Yes, both order types are available.

Q.6 What are the trading platforms and trading software Aliceblue Online uses?

Ans. Alice blue uses ANT at the front end and Omnesys Nest at Back end.

Q.7 How much does Aliceblue Online charges for account opening?

Ans. Alice Blue charges Equity Rs.310 | Commodity Rs.120 to open a trading account.

Q.8 How much is the Alice Blue AMC for the trading account?

Ans. Zero(0)/free

Q.9 Is Demat account mandatory with a trading account at Alice Blue?

Ans. No, Demat Account is not mandatory when opening a trading account with Alice Blue.

Q.10 What are the Alice Blue brokerage charges for equity delivery trading?

Ans. Zero(0)/free

Q.11 What are Alice Blue commodity future brokerage charges?

Ans. Rs.20 per executed order 

Q.12 What are its currency derivatives (future) brokerage charges?

Ans. 20 per executed order or 0.01%

Q.13 Aliceblue Online currency derivatives (options) brokerage charges?

Ans. 20 per executed order or 0.01%

Q.14 What are transaction charges for equity intraday trading?

Ans. NSE Rs.325 per crore | BSE Rs.1 per trade

Q.15 Aliceblue Online e transaction charges for futures (currency derivatives trading)?

Ans. NSE Rs.135 per crore (0.00135%)

Q.16 Does Aliceblue Online offer equity (share) trading?

Ans. Yes. Aliceblue Online allows you to trade in equity segment 

Q.17 Can I apply for an IPO through Aliceblue Online ?

Ans. No. You can’t apply in IPO if you have a trading account with Alice Blue.

Q.18 Can I buy or trade Bonds and NCD with Aliceblue Online ?

Ans. Yes. Aliceblue Online permit to trade in bonds and NCD  

Q.19 Does Aliceblue Online offer commodity trading?

Ans. Yes. Trade in commodity segment

Q.20 Can I place Good Till Cancelled (GTC) orders though Aliceblue Online ? 

Ans. No. Aliceblue Online doesn’t allow you to place GTC orders.
Q.21 What are the equity futures exchange transaction charges at Aliceblue Online ?

Ans. NSE Rs.210 per crore | BSE Rs.1 per trade (each side)

Q.22 Does Aliceblue Online supports customer service over the phone?

Ans. Yes.

Q.23 Does Aliceblue Online allows trading in Forex?

Ans. No.

Q.24 Is any Brokerage calculator available with Aliceblue Online?

Ans. Yes.

Q.25 Can we perform algo trading with Aliceblue?

Ans. Yes

Aliceblue Online Offers

This discount broker not only provides the best offline services but also trying to give the best in online offers to their customers. When compared with other companies, the charges are very less. List of offers by Aliceblue Online Brokerage

  • No margin money charges for the account
  • Flat brokerage charges of Rs.10
  • Free Trading Account
Margin MoneyNo
Free Demat AccountNo
Free Trading AccountNo
Discount on BrokerageYes
Trading Happy HoursNo
Flexible Brokerage PlansYes
1 Month Brokerage FreeNo
Holiday OffersNo
Referral Offers30% on Amount
Zero Brokerage for Loss Making TradesNo

12.Comparison of Aliceblue online with its closet Competitors.

Here we are comparing Aliceblue online with the top 5 competitors, who are the leader in the brokerage industry.

Broker Aliceblue onlineAngel broking5paiseZerodhaUpstox
Service TypeDiscount BrokerFull-Service BrokerDiscount BrokerDiscount BrokerDiscount Broker
Account type2 in 12 in 12 in 13 in 12 in 1
Equity Intraday0.01% or Rs 20 whichever is lowerFlat Rs.15Flat Rs.30Flat Fee Rs. 100.01% or Rs 20 whichever is lower0.01% or Rs 20 whichever is lower
Equity DeliveryFreeFlat Rs.15Flat Rs.30Flat Fee Rs. 10FreeFree
Equity Futures0.01% or Rs 20 whichever is lowerFlat Rs.15Flat Rs.30Flat Fee Rs. 100.01% or Rs 20 whichever is lower0.01% or Rs 20 whichever is lower
Equity Options0.01% or Rs 20 whichever is lower2.5% of Premium or Rs. 250 per lot whichever is highFlat Fee Rs. 10Flat Fee Rs. 20Flat Fee Rs. 20
Currency Futures0.01% or Rs 20 whichever is lowerFlat Rs.15Flat Rs.30Rs. 100.01% or Rs 20 whichever is lower0.01% or Rs 20 whichever is lower
Currency Options0.01% or Rs 20 whichever is lowerFlat Rs.15Flat Rs.30Rs. 10Flat Fee Rs. 20Flat Fee Rs. 20
Brokerage RangeRs.20Rs. 30Rs. 10Rs. 20Rs. 20
Commodity0.01% or Rs 20 whichever is lowerFlat Rs. 30Not available Flat Fee Rs. 20Flat Fee Rs. 20
Rating★★★★☆★★★★☆★★★★☆★★★★☆★★★★☆

More: Astha Trade Review: Platforms, Brokerages, Margin/Exposure

Comparing Aliceblue Investments options.

BrokerAliceblue onlineAngel brokingEdelweissZerodhaUpstox
Equity trading typeYes Yes Yes Yes Yes 
Mutual fundsNoYes Yes Yes Yes
BankingNoNoNoNoNo
Currency tradingYes Yes Yes Yes
Mf SIPoYes Yes Yes No
InsuranceNoYes Yes NoNo
ETF investmentYes Yes Yes Yes Yes
Commodity tradingYes Yes Yes Yes Yes

Achievement And Award

Alice’s blue online Trading credited a lot of awards and achievements. This Aliceblue online Brokerage India has been awarded as the Best Broking House-South award from the Multi Commodity Exchange of India (MCX) in the year 2018 – 2019.

This Online Trading also has been awarded as the Best Brokerage House- Energy Award from Multi Commodity Exchange (MCX) in the year 2017-18. Furthermore, Blue Alice Brokerage has been awarded as the Best Investment Company in Southern India 2016-17 and Gem of India Award 2013.

Media Coverage

AlicBlue online Brokerage got immense positive media coverage. India Today, Indian Express, Business Today, The Telegraph, and Zee News published positive features about this Aliceblue online Trading, the online stockbroker.

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