Compare 3 Brokers

Sharekhan Vs Alice Blue: Which one is better?

The brokerage of Sharekhan Max 0.1 to 0.5% per trade while the brokerage of Alice Blue ranges between Rs 20. Sharekhan is a Full Service Broker where Alice Blue is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5.

Here we present side-by-side comparison of Sharekhan 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 Sharekhan 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.

Compare Sharekhan vs Alice Blue on Service

  Sharekhan Compare
Sharekhan
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX, NSEL BSE, NSE, MCX,MCX-SX,NCDEX
Broker Overview Sharekhan not just allows you to trade in all the market segments but also offers finest services like investment options, share market news, research reports, stock quotes, fundamental and statistical info across equity, mutual funds, IPOs and much ... Know more about Sharekhan 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.
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you.
Expand

Account Opening Charges and AMC

Compare Sharekhan vs Alice Blue on Trading & Demat Account Opening Charges

In this section we have compared Sharekhan with Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Sharekhan offer Free account opening where Alice Blue charges Rs 310 for Equity and Rs 120 for Commodities for account opeing. Demat AMC charges - Sharekhan charges Rs 400 PA (Waived for 1st year) AMC for Demat account where Alice Blue charges Free Lifetime AMC AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan with Alice Blue
Charges Sharekhan Alice Blue
Trading Account Opening Fees Free Rs 310 for Equity and Rs 120 for Commodities
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Waived for 1st year) Free Lifetime AMC
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Sharekhan vs Alice Blue on Plan Options

Plans are the most important feature you look when compare Sharekhan with Alice Blue. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Sharekhan provide Multiple Plans where Alice Blue doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.

Compare Sharekhan with Alice Blue on Plan Options
Plan Types Sharekhan Alice Blue
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Sharekhan Alice Blue
Account Opening Request
Expand

Brokerage Charges

Compare Sharekhan vs Alice Blue on Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 20 per Trade for Equity Intraday, Derivatives, Currency and Commodities.

Brokerage Charges - Compare Sharekhan with Alice Blue
Brokerage Charges Compare Sharekhan Alice Blue
Plan Name Classic Trading Plan (Percentage Based) Max Rs 20 Trading Plan (F20)
Equity Delivery 0.5% or 50 paisa Free
Equity Intraday 0.1% or 10 paisa 0.01% or Rs 20 whichever is lower
Equity Futures 0.1% or 10 paisa 0.01% or Rs 20 whichever is lower
Equity Options 2.5% of Premium or Rs 250 per lot whichever is high 0.01% or Rs 20 whichever is lower
Currency Futures 0.1% or 10 paisa 0.01% or Rs 20 whichever is lower
Currency Options 2.5% of Premium or Rs 30 per lot whichever is high 0.01% or Rs 20 whichever is lower
Commodity Trading 0.1% or 10 paisa 0.01% or Rs 20 whichever is lower
Minimum Brokerage Rs 20 NA
Hidden Charges No No
Funding Yes - 18% interest PA Yes - 24% interest PA
Call & Trade Charges Free Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for Alice Blue
SPAN Margin Calculator SPAN Margin Calculator for Sharekhan SPAN Margin Calculator for Alice Blue
Expand

Share Broker's Transaction Charges

Compare Sharekhan vs Alice Blue on Transaction Charges

Compare Sharekhan with Alice Blue on transaction charges and PCM fee by segment.

Transaction Charges - Compare Sharekhan with Alice Blue
Transaction Charges Compare Sharekhan 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 190 Per Cr Rs 210 Per Cr
Equity Options Rs 5000 Per Cr Rs 5500 Per Cr
Currency Futures Rs 100 Per Cr Rs 150 Per Cr
Currency Options Rs 4000 Per Cr Rs 4400 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for sharekhan Complete Brokerage Plans for alice-blue
Expand

Account Features

Compare Sharekhan vs Alice Blue on Account Features

Compare Sharekhan 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 - Alice Blue offers Algo Trading where Sharekhan doesn't offers Algo Trading. Margin Funding - Sharekhan offers margin funding where Alice Blue doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

Account Features - Sharekhan with Alice Blue
Account Features Compare Sharekhan Alice Blue
3 in 1 Account No Sharekhan have 2-in-1 account. Only Demate and Trading account. No Sharekhan have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes Yes
Other Features NIL NIL
Expand

Trading Platform

Compare Sharekhan vs Alice Blue on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan 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 Sharekhan with Alice Blue
Trading Platform Compare Sharekhan Alice Blue
Desktop Trading Platform TradeTiger ANT - Analyse and Trade
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.sharekhan.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sharekhan ANT Mobile
Mobile Trading App Demo Sharekhan Demo ANT Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod Sharekhan Download Andriod ANT Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sharekhan Download iOS ANT Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Sharekhan Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for alice-blue

Expand

Broker Ratings by Users

Compare Sharekhan vs Alice Blue on User Rating

  Sharekhan Alice Blue
  177 Customer Reviews    Rate Sharekhan Customer Reviews    Rate Alice Blue
Fees Ratings 3.2
Trading Brokerage Rating 3.1
Trading Platform Usability 3.9
Customer Service Ratings 3.5
Overall Ratings Rated 3.6 stars
Broker Rating Sharekhan is Rated 3.6 / 5 based on 177 customer reviews
Expand

Investment Offerings

Compare Sharekhan vs Alice Blue on Investment Offerings

Compare Sharekhan 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 - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - Sharekhan offers online mutual fund investment option where Alice Blue doesn't offer. Portfolio Management Services (PMS) - Sharekhan provide PMS Service where Alice Blue doesn't offer

Investment Offerings - Compare Sharekhan with Alice Blue
Investment Offerings Compare Sharekhan Alice Blue
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service Yes No
Other Investment Options NIL NIL
Expand

Order Types

Compare Sharekhan vs Alice Blue on Order Types

Order Type - Compare Sharekhan 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- Sharekhan offers Good Till Cancelled (GTC) orders where Alice Blue doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Sharekhan with Alice Blue
Order Type Compare Sharekhan Alice Blue
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
Expand

Margin/Leverage

Compare Sharekhan vs Alice Blue on Margin/Leverage

Comapre Sharekhan 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.

Exposure/margin - Compare Sharekhan with Alice Blue
Margin Product Compare Sharekhan Alice Blue
Equity Delivery Margin Sharekhan vs Alice Blue - Equity Delivery Margin Upto 5x via Margin Funding. Up to 3x Margin on Equity Delivery with funding facility(24% PA Interest).
Equity Intraday Margin Sharekhan vs Alice Blue - Equity Intraday Margin Upto 10x leverage for equity. Up to 20x leverage for equity "A" category scripts and 10x for "B" category scripts.
Futures Margin Sharekhan vs Alice Blue - Futures Margin Upto 2x leverage for futures. Up to 10x leverage for equity future intraday (MIS).
Options Margin Sharekhan vs Alice Blue - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Up to 10x leverage for Index Options Selling and 3x for Index Buying.
Equity CO Margin Sharekhan vs Alice Blue - Equity CO Margin Upto 15x margin/leverage in CO order for selected equity scripts. No extra margin for Equity CO/BO.
Futures CO Margin Sharekhan vs Alice Blue - Futures CO Margin Upto 15x margin/leverage in CO order for futures contracts. Up to 20x leverage on equity futures CO/BO.
Options CO Margin Sharekhan vs Alice Blue - Options CO Margin Upto 15x margin/leverage in CO order for options contracts sell only. No special leverage of options cover orders.
Commodity Margin Sharekhan vs Alice Blue - Commodity Margin Info Not Available Upto 10x on commodity MIS, and up to 20x for commodity CO/BO.
Expand

Customer Service Offered

Compare Sharekhan vs Alice Blue on Customer Service

Compare Sharekhan 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 Support - Compare Sharekhan with Alice Blue
Customer Service Compare Sharekhan Alice Blue
24/7 Customer Service Sharekhan vs Alice Blue - 24x7 customer support No No
Email Support Sharekhan vs Alice Blue - Email Support Yes No
Onine Live Chat Sharekhan vs Alice Blue - Onine Live Chat Yes Yes
Phone Support Sharekhan vs Alice Blue - Phone Support Yes Yes
Toll Free Number Sharekhan vs Alice Blue - Toll Free Number Yes No
Through Branches Sharekhan vs Alice Blue - Through Branches Yes Yes
Customer Care Number Sharekhan vs Alice Blue - Customer Care Number 1800227500 080-61575500/22174600
Account Opening Process Sharekhan vs Alice Blue - Account Opening Process Offline Online/Paperless
Customer Support Email Sharekhan vs Alice Blue - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Sharekhan vs Alice Blue - Knowledge Center/Education https://www.sharekhan.com/help/hello https://www.aliceblueonline.com/alice-knowledge-base/
Head Office Address Sharekhan vs Alice Blue - Head Office Address/Corporate Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH– 400042
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore – 560063
Website Sharekhan vs Alice Blue - Company Website https://www.sharekhan.com https://www.aliceblueonline.com
Expand

Tips/Research/Reports Published

Compare Sharekhan vs Alice Blue on Research Reports, Tips

Compare Sharekhan with Alice Blue on research reports and tips provided by broker.

Research Reports - Compare Sharekhan with Alice Blue
  Sharekhan Alice Blue
Research Mutual Funds Sharekhan vs Alice Blue - Research Mutual Funds Yes No
Research Equity Reports Sharekhan vs Alice Blue - Research Equity Reports Yes No
Research ETF Sharekhan vs Alice Blue - Research ETF Yes No
Daily Market Report Sharekhan vs Alice Blue - Daily Market Report Yes Yes
Free Tips Sharekhan vs Alice Blue - Free Tips Yes No
Quarterly Result Analysis Sharekhan vs Alice Blue - Quarterly Results Yes No
News Alerts Sharekhan vs Alice Blue - Yes No
Expand

Demat Account

Compare Sharekhan vs Alice Blue on Demat Account

Compare Sharekhan with Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Sharekhan with Alice Blue
  Sharekhan Alice Blue
DP Source CDSL CDSL
DP ID Sharekhan vs Alice Blue - DP ID 36000 83500
Demat Account Annual Maintenance Charges(AMC) Tariff : Rs.p.a-[A:400,B:500,C:350,D:Nil,E:100,F:500,H:1000,G:Nil(holding Value <= Rs.50000)or 100(holding Value from Rs.50001 to Rs.200000)or 400(holding Value >Rs.200000)] will be levied from that date onwards & rest of charges will be levied as per regular scheme.*A,C,E&H Free for the 1st Year. Rs 0 (Free for life)
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) Rs 0
Statutory charges Actual Stamp Paper Charges Rs 0, Rs 150 PoA Stamp Charges Included with account opening charges.
Transaction Charges on Debit (Per ISIN) A&B:Sales SK :0 Else 0.03% of value of tran(min Rs.30),C&D:Sales SK Rs. 6 Per tran Else 0.03% of value of tran(min Rs.30),E & H:Sales SK 0.03% of value of tran (E:min Rs.29,H:min Rs.30) Else 0.03% of value of tran(min Rs.49),F:0.03% of value of tran(min Rs.30),G:0.03% of value of tran(min Rs.49) Rs 15 flat for every debit transaction
Demat Rs. 5 per certificate (Min Rs. 50 per request for Tariff A,B,C,D,E,F & H) (Min Rs. 100 per request for Tariff G ) Rs 10 per certificate + Rs 50 per request
Remat Rs.50 per certificate or Rs.50 for every hundred securities Rs 30 (Per certificate) + CDSL Charges
Pledge Creation 0.03 % of the value of the Transaction (Min Rs. 100 per transaction) Rs 20 + Rs 12 per request (CDSL Charges)
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil Rs 20 + Rs 12 per request (CDSL Charges)
Pledge Closure Confirmation Nil Nil
Pledge Invocation Nil Rs 20 + Rs 12 per request (CDSL Charges)
Failed Instruction Charges Nil Nil
Other Charges 1) Freeze /De-freeze - Rs. 25 per request 2) Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum Rs. 100) 3)Client Master changes Rs.30 per request for Tariff G Nil

Expand

Special Offers,Advantages,Disadvantages

Compare Sharekhan vs Alice Blue on Special Offers and Promotion

Compare Sharekhan with Alice Blue on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Sharekhan vs Alice Blue on Special Offers and Promotion
  Sharekhan Alice Blue
Pay In and Pay Out Options Sharekhan vs Alice Blue - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
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 Sharekhan vs Alice Blue - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Sharekhan vs Alice Blue - Bank Supported and Charges Info Not Available Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
Likes
  • Free call and trade facility.
  • Most powerful and robust trading terminal-'Trade Tiger'.
  • Share transfer from and to the DP account is free.
  • Huge network.
  • Supports commodity trading.

Detail Review...

  • Low cost brokerage structure, no hidden charges.
  • Rs 20 trading plan for all segments and free delivery trading.
  • Free of cost trading platform.
  • After Market Order (AMO), Cover Order and Bracket Order are available on both web and mobile.

Detail Review...

Dislikes
  • Doesn't offer 3-in-1 account.
  • Minimum brokerage charges which makes it difficult to trade in penny stocks.
  • High brokerage so not well fit for day traders.
  • Classic account doesn't facilitate to trade in commodities.
  • Alice Blue doesn't provide tips and recommendations.
  • Margin funding and margin against shares is not available.
  • Doesn't provide facility to invest online in Mutual Funds.

Detail Review...

Special Offers/Promo Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time. Free delivery Trading, Free Lifetime Demat AMC.
Enquiry Enquire about Sharekhan

Last Updated on 2019-07-08T23:57:42+00:00







Search topsharebrokers.com:

Translate topsharebrokers.com: