The brokerage of Fyers Max Rs 20 per trade while the brokerage of Alice Blue Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5.
Here we present side-by-side comparison of Fyers vs Alice Blue share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Fyers vs Alice Blue's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
|Broker Type||Discount Broker||Discount Broker|
|Exchanges Supported||NSE, BSE, MCX||BSE, NSE, MCX,MCX-SX,NCDEX|
|Broker Overview||Fyers (Focus Your Energy & Reform the Self) is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing.||From innovative tools to free trade opportunity to education and prioritizing customer service, Alice Blue, the cheapest stock broker provide clients everything they need and more to succeed in Indian share market.|
In this section we have compared Fyers with Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where Alice Blue charges Rs 310 for Equity and Rs 120 for Commodities for account opeing. Demat AMC charges - Fyers charges Rs 400 PA AMC for Demat account where Alice Blue charges Free Lifetime AMC AMC for Demat account.
|Trading Account Opening Fees||Free||Rs 310 for Equity and Rs 120 for Commodities|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA||Free Lifetime AMC|
|Provide DP Service|
Plans are the most important feature you look when compare Fyers with Alice Blue. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Fyers||Alice Blue|
|Account Opening Request|
Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 20 per Trade for Equity Intraday, Derivatives, Currency and Commodities.
|Brokerage Charges Compare||Fyers||Alice Blue|
|Plan Name||Max Rs 20 Per Order Trading Plan||Max Rs 20 Trading Plan (F20)|
|Equity Intraday||0.01% or Rs 20 whichever is lower||0.01% or Rs 20 whichever is lower|
|Equity Futures||0.01% or Rs 20 whichever is lower||0.01% or Rs 20 whichever is lower|
|Equity Options||Flat Fee Rs 20||0.01% or Rs 20 whichever is lower|
|Currency Futures||0.01% or Rs 20 whichever is lower||0.01% or Rs 20 whichever is lower|
|Currency Options||Flat Fee Rs 20||0.01% or Rs 20 whichever is lower|
|Commodity Trading||NA||0.01% or Rs 20 whichever is lower|
|Funding||No||Yes - 24% interest PA|
|Call & Trade Charges||Rs 20 Per Order||Rs 20 per executed Order|
|Brokerage Calculator||Brokerage Calculator for Fyers||Brokerage Calculator for Alice Blue|
|SPAN Margin Calculator||SPAN Margin Calculator for Fyers||SPAN Margin Calculator for Alice Blue|
Compare Fyers with Alice Blue on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Fyers||Alice Blue|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 240 Per Cr||Rs 210 Per Cr|
|Equity Options||Rs 5900 Per Cr||Rs 5500 Per Cr|
|Currency Futures||Rs 175 Per Cr||Rs 150 Per Cr|
|Currency Options||Rs 6500 Per Cr||Rs 4400 Per Cr|
|Commodity||NA||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for fyers||Complete Brokerage Plans for alice-blue|
Compare Fyers with Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - both brokers dont have margin funing facility. NRI Trading - Alice Blue offers NRI where Fyers doesn't offers NRI Trading.
|Account Features Compare||Fyers||Alice Blue|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15 PM|
|Other Features||Free Call & trade||NIL|
With our expert research team, we have compared all the major features of Trading platform b/w Fyers and Alice Blue. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
|Trading Platform Compare||Fyers||Alice Blue|
|Desktop Trading Platform||Fyers One||ANT - Analyse and Trade|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||http://webtrader.fyers.in/userMaster/login|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Fyers Markets||ANT Mobile|
|Mobile Trading App Demo||Fyers Markets Demo||ANT Mobile Demo|
|Android Mobile App|
|Android App Download||Andriod Fyers Markets Download||Andriod ANT Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Fyers Markets Download||iOS ANT Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Fyers||Equity Intraday and Delivery Brokerage Calculator for Alice Blue|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Fyers||Futures Brokerage Calculator for Alice Blue|
|Options Brokerage Calculator||Options Brokerage Calculator for Fyers||Options Brokerage Calculator for Alice Blue|
|Detail||Detail on Trading Platforms for fyers||Detail on Trading Platforms for alice-blue|
Compare Fyers with Alice Blue on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - both brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Alice Blue offers trading options in Commodity (MCX) where Fyers doesn't offer. Online Mutual Fund Investment - Fyers offers online mutual fund investment option where Alice Blue doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||Fyers||Alice Blue|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Fyers with Alice Blue on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After-market Orders (AMO)- both offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders- Fyers offers Good Till Cancelled (GTC) orders where Alice Blue doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Fyers||Alice Blue|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Fyers with Alice Blue on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||Fyers||Alice Blue|
|Equity Delivery Margin||No margin/ leverage for equity delivery.||Up to 3x Margin on Equity Delivery with funding facility(24% PA Interest).|
|Equity Intraday Margin||Up to 16x leverage for equity.||Up to 20x leverage for equity "A" category scripts and 10x for "B" category scripts.|
|Futures Margin||Up to 4x leverage for equity futures.||Up to 10x leverage for equity future intraday (MIS).|
|Options Margin||Up to 4x for options selling and 1.3x for options buying.||Up to 10x leverage for Index Options Selling and 3x for Index Buying.|
|Equity CO Margin||Up to 20x leverage for equity cover order.||No extra margin for Equity CO/BO.|
|Futures CO Margin||Up to 44x leverage for future cover order.||Up to 20x leverage on equity futures CO/BO.|
|Options CO Margin||Up to 33x leverage for options cover order.||No special leverage of options cover orders.|
|Commodity Margin||Up to 3x MIS Margin of SPAN, Complete SPAN is required for carry forward positions.||Upto 10x on commodity MIS, and up to 20x for commodity CO/BO.|
Compare Fyers with Alice Blue on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
|Customer Service Compare||Fyers||Alice Blue|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||080 4625 1111||080-61575500/22174600|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore – 560009
Bagalur Main Road,
Bangalore – 560063
Compare Fyers with Alice Blue on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Fyers with Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details
|DP ID||Info Not Available||83500|
|Demat Account Annual Maintenance Charges(AMC)||400 - Individual, 500 - Non Individual||Free|
|Advance Deposit||NIL||Rs 0|
|Statutory charges||NIL||Rs 150 Stamp Charges|
|Transaction Charges on Debit (Per ISIN)||Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]||₹15 per transaction|
|Demat||2 per certificate + Rs.35 courier charges||₹10 per certificate + ₹50 courier charges|
|Remat||Rs 25||₹30 per certificate + CDSL charges|
|Pledge Creation||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250||₹20 + CDSL charges|
|Pledge Creation Confirmation||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250||Nil|
|Pledge Closure||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250||₹20 + CDSL charges|
|Pledge Closure Confirmation||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250||Nil|
|Pledge Invocation||0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually||₹20 + CDSL charges|
|Failed Instruction Charges||Rs 30 per transaction||Nil|
|Other Charges||Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request||Nil|
Compare Fyers with Alice Blue on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
|Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Upto 24 Hrs except Bank Holidays.||Upto 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||21+ bank connected via payment gatway, Rs 10 fee for per transaction.||Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.|
|Bank Detail||Fyers Securities,
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
|Aliceblue Financial Services,
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
|Special Offers/Promo||Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.||Free delivery Trading, Free Lifetime Demat AMC.|
|Enquiry||Enquire about Fyers|
Last Updated on 2019-08-08T04:26:12+00:00