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Zerodha Vs Alice Blue (Compare Zerodha and Alice Blue)

Zerodha Logo

About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed orde... Know more about Zerodha

Alice Blue Financial Services Logo

About Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL. AliceBlue offers one simple brokerage plan of Rs 20 for all segments to its customers. The equity delivery brokerage charges are Rs 20 per executed order or 2.5% whichever is lower. For all other segments, Alice Blue charges flat Rs 20 per executed order or 0.05%... Know more about Alice Blue Financial Services

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Zerodha Vs Alice Blue

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 0, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.

  Zerodha Alice Blue
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE, MCX and NCDEX BSE, NSE, MCX
Year of Incorporation 2010 0
Number of Branches 22 0
Open Zerodha AccountOpen Alice Blue Account

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Zerodha Vs Alice Blue Charges & AMC

Zerodha trading account opening charges is Rs 0 while Alice Blue account opening changes is Rs 150. Zerodha Demat Account AMC Charges is Rs 300 and Alice Blue Demat Account AMC Charges is Rs 400.

  Zerodha Alice Blue
Trading Account Opening Charges Rs 0 Rs 150
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 300 Rs 400

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Zerodha Vs Alice Blue Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Alice Blue brokerage charges for equity is Rs 20 per order or 2.5% whichever is lower and intraday is Rs 20 per order or 0.05% whichever is lower.

Account Type Zerodha Flat Brokerage Plan Alice Blue Freedom 15 (F15)
Fixed Charges
Equity Delivery Rs 0 (Free) Rs 20 per order or 2.5% whichever is lower
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 20 per order or 0.05% whichever is lower
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 20 per order or 0.05% whichever is lower
Equity Options Rs 20 per executed order Rs 20 per order
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 20 per order or 0.05% whichever is lower
Currency Options Rs 20 per executed order Rs 20 per order
Commodity Futures Rs 20 per executed order or .03% whichever is lower Rs 20 per order or 0.05% whichever is lower
Commodity Options Rs 20 per executed order Rs 20 per order
Special Offer
Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.
Special Offer: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

Zerodha Charges Vs Alice Blue

Minimum Brokerage 0.03% in Intraday and F&O Rs 0
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges Rs 50 per executed order Rs 20 per executed order

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Zerodha Vs Alice Blue Transaction Charges

Zerodha transaction charges for options is NSE Rs 3503 per Cr (0.03503%) | BSE Rs 500 per Cr (0.005%) (on premium) while Alice Blue exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Zerodha Alice Blue
Equity Delivery NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 3503 per Cr (0.03503%) | BSE Rs 500 per Cr (0.005%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Group A - Rs 260 per Cr (0.0026%) Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
Open Zerodha AccountOpen Alice Blue Account

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Zerodha Vs Alice Blue Leverage (Margin)

Zerodha margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Zerodha Alice Blue
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open Zerodha AccountOpen Alice Blue Account

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Compare Zerodha and Alice Blue Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

  Zerodha Alice Blue
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Kite Web, Kite Mobile for Android/iOS and Coin Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close Equity: 3:15PM
Trading In SME Shares Allowed? Yes
Referral Program Yes Yes
Other Features Direct Mutual Funds, APIs for Algo Trading
Open Zerodha AccountOpen Alice Blue Account

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Zerodha Vs Alice Blue Review

Zerodha is rated 3.7 of 5 based on 486 customer reviews whereas Alice Blue is rated 3.1 of 5 based on 40 customer reviews.

  Zerodha Alice Blue
  486 Customer Reviews    Rate Zerodha 40 Customer Reviews    Rate Alice Blue
Fees 3.6 3.7
Brokerage 4.2 3.7
Trading Platform 3.6 3.3
Customer Service 3.4 2.9
Research Capabilities 2.8 1.9
Overall Ratings Rated 3.7 stars Rated 3.1 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 486 customer reviews Alice Blue is rated 3.1 of 5 based on 40 customer reviews

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Contact Broker / Request A Call Back

  Zerodha Enquire Alice Blue Enquire
Contact Broker Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today. Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

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Zerodha Vs Alice Blue Investment Options

  Zerodha Alice Blue
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options

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Zerodha Vs Alice Blue Order Type Offered

  Zerodha Alice Blue
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Open Zerodha AccountOpen Alice Blue Account

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Zerodha Vs Alice Blue Research Report

  Zerodha Alice Blue
Daily Market Report No Yes
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

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Zerodha Vs Alice Blue Suitable For Investor Type

  Zerodha Alice Blue
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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Zerodha Vs Alice Blue - Pros and Cons

  Zerodha Alice Blue
Pros
  • Free account opening for people under 25.
  • India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account is available.
  • Flat Rs 20 brokerage for intraday and F&O.
  • Advance online trading platform.
Cons
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • No margin funding.
  • Online Mutual Fund investment is not available.
  • Margin funding is not available.
  • Good Till Cancelled (GTC) orders not available.
  • Call & Trade is available with additional cost of Rs 20 per order.
Reviews
Promo / Offers

Zerodha Special Offer

Free stock trading and mutual funds

  • Free account opening for all people.
  • Brokerage-free share delivery trades and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment + +
  • Trade with the best trading platform in India.

This is a limited time offer. Open an instant Zerodha account online and start trading today.

Alice Blue Special Offer

Free Equity Delivery Trade

Trade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.

Open Zerodha AccountOpen Alice Blue Account

Frequently Asked Questions

  1. 1. Is Alice Blue better than Zerodha?

    Alice Blue is a SEBI Registered discount broker based out of Bangalore, incorporated in 2006. Zerodha is also a SEBI Registered discount broker based out of Bangalore, incorporated in 2010. Zerodha offers only online broking services at a low cost, whereas Alice Blue offers online and offline broking services to its clients.

    Read Alice Blue vs Zerodha for a detailed comparison between Zerodha and Alice Blue.

     


1 Comments

1. Sathish   I Like It. |Report Abuse|  Link|April 4, 2024 11:51:45 AMReply
Alice blue : Do you have Alice D2 accour

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