Compare 3 Brokers

Upstox Vs Alice Blue: Which one is better?

The brokerage of Upstox Max Rs 20 per trade while the brokerage of Alice Blue Max Rs 20 per trade. Both the brokers are Discount Brokers. Upstox is having overall higher rating compare to Alice Blue. Upstox is rated 4.5 out of 5 where Alice Blue is rated only 4 out of 5.

Here we present side-by-side comparison of Upstox 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 Upstox 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 Upstox vs Alice Blue on Service

  Upstox Compare
Upstox
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE, MCX,MCX-SX,NCDEX
Broker Overview From innovative tools to free trade opportunities to education and prioritizing customer service, Upstox, the cheapest stock broker provides clients everything they need and more to succeed in the Indian share market. 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 Upstox. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Alice Blue. Leave your contact info and we will get in touch with you.
Expand

Account Opening Charges and AMC

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

In this section we have compared Upstox with Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Upstox charges Rs 150 for account opening where Alice Blue charges Rs 310 for account opeing. Demat AMC charges - Upstox charges Rs 150 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 Upstox with Alice Blue
Charges Upstox Alice Blue
Trading Account Opening Fees Rs 150 Rs 310
Trading AMC Free Free
Demat Account Opening Fees Rs 150 Free
Demat AMC Rs 150 PA (Waived for 1st year) Free Lifetime AMC
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Upstox vs Alice Blue on Plan Options

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

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

Account Opening Request

Account Opening

  Upstox Alice Blue
Account Opening Request
Expand

Brokerage Charges

Compare Upstox vs Alice Blue on Brokerage Charges

Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others

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

Brokerage Charges - Compare Upstox with Alice Blue
Brokerage Charges Compare Upstox Alice Blue
Plan Name Max Rs 20 Per Order Trading Plan Max Rs 20 Trading Plan (F20)
Equity Delivery Free Free
Equity Intraday 0.01% or Rs 20 whichever is lower 0.01% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 20 0.01% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 0.01% or Rs 20 whichever is lower
Currency Futures Flat Fee Rs 20 0.01% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 0.01% or Rs 20 whichever is lower
Commodity Trading Flat Fee Rs 20 0.01% or Rs 20 whichever is lower
Minimum Brokerage NIL NA
Hidden Charges Info Not Available No
Funding Info Not Available Yes - 24% interest PA
Call & Trade Charges Rs 20 Per Executable Order Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for Upstox Brokerage Calculator for Alice Blue
SPAN Margin Calculator SPAN Margin Calculator for Upstox SPAN Margin Calculator for Alice Blue
Expand

Share Broker's Transaction Charges

Compare Upstox vs Alice Blue on Transaction Charges

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

Transaction Charges - Compare Upstox with Alice Blue
Transaction Charges Compare Upstox 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 210 Per Cr Rs 210 Per Cr
Equity Options Rs 5500 Per Cr Rs 5500 Per Cr
Currency Futures Rs 150 Per Cr Rs 150 Per Cr
Currency Options Rs 6000 Per Cr Rs 4400 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for upstox Complete Brokerage Plans for alice-blue
Expand

Account Features

Compare Upstox vs Alice Blue on Account Features

Compare Upstox 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 - both brokers provides NRI Trading facility.

Account Features - Upstox with Alice Blue
Account Features Compare Upstox Alice Blue
3 in 1 Account No Upstox have 2-in-1 account. Only Demate and Trading account. No Upstox have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes No
Margin Trading Funding Available No 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 Upstox vs Alice Blue on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Upstox 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 Upstox with Alice Blue
Trading Platform Compare Upstox Alice Blue
Desktop Trading Platform DartStock/Nest Trader/Fox Trader 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://pro.upstox.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Upstox ANT Mobile
Mobile Trading App Demo Upstox Demo ANT Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod Upstox Download Andriod ANT Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Upstox 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 Upstox Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for Upstox Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for upstox Detail on Trading Platforms for alice-blue

Expand

Broker Ratings by Users

Compare Upstox vs Alice Blue on User Rating

  Upstox Alice Blue
  8 Customer Reviews    Rate Upstox 2 Customer Reviews    Rate Alice Blue
Fees Ratings 3.3 3.0
Trading Brokerage Rating 3.8 4.5
Trading Platform Usability 3.3 4.5
Customer Service Ratings 3.1 4.0
Overall Ratings Rated 3.3 stars Rated 2.5 stars
Broker Rating Upstox is Rated 3.3 / 5 based on 8 customer reviews Alice Blue is Rated 2.5 / 5 based on 2 customer reviews
Expand

Investment Offerings

Compare Upstox vs Alice Blue on Investment Offerings

Compare Upstox 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 - Upstox 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 Upstox with Alice Blue
Investment Offerings Compare Upstox 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 No No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment No No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
Expand

Order Types

Compare Upstox vs Alice Blue on Order Types

Order Type - Compare Upstox 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- both brokers doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Upstox with Alice Blue
Order Type Compare Upstox 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 No No
Expand

Margin/Leverage

Compare Upstox vs Alice Blue on Margin/Leverage

Comapre Upstox 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 Upstox with Alice Blue
Margin Product Compare Upstox Alice Blue
Equity Delivery Margin Upstox vs 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 Upstox vs Alice Blue - Equity Intraday Margin Up to 15x for Equity Intraday in Base Plan, Up to 20x on Priority Plan. Up to 20x leverage for equity "A" category scripts and 10x for "B" category scripts.
Futures Margin Upstox vs Alice Blue - Futures Margin Up to 4x for Index/Stock future (of NRML Margin), Priority Plan - up to 5x for Index and 4x for Stocks. Up to 10x leverage for equity future intraday (MIS).
Options Margin Upstox vs Alice Blue - Options Margin Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan - up to 5x for Index and 4x for Stock Options.No leverage on Options Buying. Up to 10x leverage for Index Options Selling and 3x for Index Buying.
Equity CO Margin Upstox vs Alice Blue - Equity CO Margin Up to 20x for NSE/BSE Cash in Base Plan, Up to 25x on Priority Plan. No extra margin for Equity CO/BO.
Futures CO Margin Upstox vs Alice Blue - Futures CO Margin Up to 4x for Index/Stock (of NRML Margin) future, Priority Plan - up to 7x for Index and 6x for Stocks. Up to 20x leverage on equity futures CO/BO.
Options CO Margin Upstox vs Alice Blue - Options CO Margin Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan(PP) - up to 5x for Index and 4x for Stock Options, No leverage on Options Buying. No special leverage of options cover orders.
Commodity Margin Upstox vs Alice Blue - Commodity Margin Up to 2.5x MIS Margin of SPAN, 3x for Priority Pack, Complete SPAN is required for carry forward positions. Upto 10x on commodity MIS, and up to 20x for commodity CO/BO.
Expand

Customer Service Offered

Compare Upstox vs Alice Blue on Customer Service

Compare Upstox 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 Upstox with Alice Blue
Customer Service Compare Upstox Alice Blue
24/7 Customer Service Upstox vs Alice Blue - 24x7 customer support No No
Email Support Upstox vs Alice Blue - Email Support Yes No
Onine Live Chat Upstox vs Alice Blue - Onine Live Chat Yes Yes
Phone Support Upstox vs Alice Blue - Phone Support Yes Yes
Toll Free Number Upstox vs Alice Blue - Toll Free Number No No
Through Branches Upstox vs Alice Blue - Through Branches Yes Yes
Customer Care Number Upstox vs Alice Blue - Customer Care Number +91 22 6130 9999 080-61575500/22174600
Account Opening Process Upstox vs Alice Blue - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Upstox vs Alice Blue - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Upstox vs Alice Blue - Knowledge Center/Education https://upstox.com/help-center/ https://www.aliceblueonline.com/alice-knowledge-base/
Head Office Address Upstox vs Alice Blue - Head Office Address/Corporate Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore 560063
Website Upstox vs Alice Blue - Company Website https://upstox.com/ https://www.aliceblueonline.com
Expand

Tips/Research/Reports Published

Compare Upstox vs Alice Blue on Research Reports, Tips

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

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

Demat Account

Compare Upstox vs Alice Blue on Demat Account

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

Demat Charges - Compare Upstox with Alice Blue
  Upstox Alice Blue
DP Source CDSL CDSL
DP ID Upstox vs Alice Blue - DP ID 81800 83500
Demat Account Annual Maintenance Charges(AMC) ₹150 pa Free
Advance Deposit NIL Rs 0
Statutory charges Nil Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) ₹13 + ₹5.50 CDSL charges ₹15 per transaction
Demat ₹20 + ₹50 courier charges ₹10 per certificate + ₹50 courier charges
Remat ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) ₹30 per certificate + CDSL charges
Pledge Creation 0.02% of the transaction value (Min ₹50) + CDSL charges ₹20 + CDSL charges
Pledge Creation Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
Pledge Closure 0.02% of the transaction value (Min ₹50) + CDSL charges ₹20 + CDSL charges
Pledge Closure Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
Pledge Invocation 0.05% of the transaction value (Min ₹50) ₹20 + CDSL charges
Failed Instruction Charges ₹50 Nil
Other Charges Nil Nil

Expand

Special Offers,Advantages,Disadvantages

Compare Upstox vs Alice Blue on Special Offers and Promotion

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

Compare Upstox vs Alice Blue on Special Offers and Promotion
  Upstox Alice Blue
Pay In and Pay Out Options Upstox vs Alice Blue - Pay In and Pay Out Options pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-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 Upstox vs Alice Blue - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Upstox vs Alice Blue - Bank Supported and Charges Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
Likes

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
  • Upstox doesn't provide tips and recommendations.
  • Algo-trading facility is not available.
  • It doesn't provide a facility to online invest in IPO via the Upstox Trading website/app.
  • NRI trading facility is not available anymore.
  • A 3-in-1 account is not available.

Detail Review...

  • 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 100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades. Free delivery Trading, Free Lifetime Demat AMC.
Enquiry Enquire about Upstox Enquire about Alice Blue

Last Updated on 2019-10-18T01:07:15+00:00







Search topsharebrokers.com:

Translate topsharebrokers.com: