SBI Securities Vs Alice Blue Demat Account Comparison

SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd which is one of the oldest players in the Indian Capital Market and has a dominant position in the Indian primary capital markets. SBI Capital Markets Ltd. commenced broking activities in March 2001 to fulfill the secondary market needs of Financial Institutions, FIIs, Mutual Funds, Banks, Corporates, High Network Industry, Non-residential Investors and Retail domestic investors. SBICAP Securities Ltd. (SSL) is a company, which has been formed to take over the broking operations of SBI Capital Markets Ltd. SSL commenced operations in the first quarter of financial year of 2006-2007.

Alice Blue is a Bangalore based discount stock broker. AliceBlue offers to trade at BSE, NSE, and MCX. Alice Blue also offers depository services (demat account). They are depository participant with CDSL. They don't charge any extra deposit or one time fees for this Zero AMC Demat Account.

Alice Blue is famous for its F15 trading plan, a flat rate brokerage fee plan. Equity delivery trading is absolutely free of brokerage charges in this plan. The brokerage for all other segments is flat Rs 15 per executed or 0.01% whichever is less.

ANT (Analysis and Trade) is the flagship trading platform offered by Alice Blue. ANT Platform offers free trading software to all its customers. The software includes install-able trading terminal, web-browser based trading website and mobile trading app. This trading platform uses the latest internet technology. It offers the best trading experience among the top share brokers in India.

Marathon Futurex, 12th Floor,
A & B Wing N. M. Joshi Marg, Lower Parel,
Mumbai Maharashtra India - 400013

No. 153/2, 3rd Floor,
M.R.B.Arcade, Bagalur Main Road,
Dwaraka Nagar, Yelahanka,
Bangalore - 560063

Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services, E-Broking and Currency Derivatives

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

Rs 850

₹0

1. Individual Account: Rs 750 (Rs 500 for e-statement)

₹400 per year

Nil

₹0

Rs 5 per cert + Rs 35 courier charges per request

₹10 per certificate + ₹50 per request

Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity

₹30 per request + CDSL Fee + ₹10 per 100 securities

1. Through POA - 0.01% of the transaction value (Minimum of Rs 21 and Maximum of Rs 300) per ISIN
2. Through DIS - 0.04% of the transaction value (Minimum of Rs 30) per ISIN

0.04% of the value of the transaction (minimum ₹20)

0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges)

0.04% of the value of the transaction (minimum ₹40)

0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges)

₹0

0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges)

0.04% of the value of the transaction (minimum ₹40)

Rs 10 per failed instruction.

• Power of Attorney (PoA): ₹150
• Courier Charges: ₹100 per request
• Additional DIS Booklet: ₹100 per booklet