Compare 3 Brokers

Zerodha Vs Alice Blue: Which one is better?

The brokerage of Zerodha Max Rs 20 per trade while the brokerage of Alice Blue Max Rs 20 per trade. Both the brokers are Discount Brokers. Zerodha is having overall higher rating compare to Alice Blue. Zerodha 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 Zerodha 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 Zerodha 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 Zerodha vs Alice Blue on Service

  Zerodha Compare
Zerodha
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? NSE, BSE, MCX-SX and MCX BSE, NSE, MCX, MCX-SX, NCDEX
Broker Overview With high-class technology, unique trading tools, and three-way trading platform, Zerodha is giving its clients an edge in trading and decision making. Pioneer in introducing low brokerage scheme, Zerodha manages to satisfy both casual and active inv... Know more about Zerodha One of the lowest brokerage firm with 2-in-1 Alice Blue account including demat and trading account, offering free equity delivery trade and flat brokerage-fee for other segments.
Broker Enquiry Open an Online Trading Account with Zerodha. 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.
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Account Opening Charges and AMC

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

In this section we have compared Zerodha with Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Zerodha charges Online Rs 200 (T+D), Rs 300 (T+D+C). Offline Rs 400 (T+D), Rs 600 (T+D+C). T*Trading, D*Demat, C*Commodity for account opening where Alice Blue charges Rs 310 for Equity and Rs 200 for Commodity for account opeing. Demat AMC charges - Zerodha charges Rs 300 PA AMC for Demat account where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Zerodha with Alice Blue
Charges Zerodha Alice Blue
Trading Account Opening Fees Online Rs 200 (T+D), Rs 300 (T+D+C). Offline Rs 400 (T+D), Rs 600 (T+D+C). T*Trading, D*Demat, C*Commodity Rs 310 for Equity and Rs 200 for Commodity
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Zerodha vs Alice Blue on Plan Options

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

Compare Zerodha with Alice Blue on Plan Options
Plan Types Zerodha Alice Blue
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Alice Blue
Account Opening Request
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Brokerage Charges

Compare Zerodha vs Alice Blue on Brokerage Charges

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03% whichever is lower for equity intraday, F&O, commodity and currency on NSE, BSE, MCX and MCX-SX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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

Brokerage Charges - Compare Zerodha with Alice Blue
Brokerage Charges Compare Zerodha Alice Blue
Plan Name Max Rs 20 per order Trading Plan F20 Plan
Equity Delivery Free Free
Equity Intraday 0.03% or Rs 20 whichever is lower 0.01% or Rs 20 whichever is lower
Equity Futures 0.03% 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 0.03% 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 Flat Fee Rs 20 0.01% or Rs 20 whichever is lower
Minimum Brokerage NIL NA
Hidden Charges No No
Funding Info Not Available Yes - 24% interest PA
Call & Trade Charges Rs 50 Per Executable Order Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for Zerodha Brokerage Calculator for Alice Blue
SPAN Margin Calculator SPAN Margin Calculator for Zerodha SPAN Margin Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare Zerodha vs Alice Blue on Transaction Charges

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

Transaction Charges - Compare Zerodha with Alice Blue
Transaction Charges Compare Zerodha 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 135 Per Cr Rs 150 Per Cr
Currency Options Rs 4400 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 zerodha Complete Brokerage Plans for alice-blue
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Account Features

Compare Zerodha vs Alice Blue on Account Features

Compare Zerodha with Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Zerodha offers 3-in-1 account where Alice Blue offers only 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 - Zerodha with Alice Blue
Account Features Compare Zerodha Alice Blue
3 in 1 Account Yes, Zerodha have 3-in-1 accounts. Bank Account, Demat and Trading account. No Zerodha have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No 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
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Trading Platform

Compare Zerodha vs Alice Blue on Trading Platform

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

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Broker Ratings by Users

Compare Zerodha vs Alice Blue on User Rating

  Zerodha Alice Blue
  158 Customer Reviews    Rate Zerodha 3 Customer Reviews    Rate Alice Blue
Fees Ratings 4.0 2.7
Trading Brokerage Rating 4.5 4.0
Trading Platform Usability 3.7 3.3
Customer Service Ratings 3.8 3.3
Overall Ratings Rated 3.9 stars Rated 2.0 stars
Broker Rating Zerodha is Rated 3.9 / 5 based on 158 customer reviews Alice Blue is Rated 2.0 / 5 based on 3 customer reviews
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Investment Offerings

Compare Zerodha vs Alice Blue on Investment Offerings

Compare Zerodha 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 - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare Zerodha vs Alice Blue on Order Types

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

Order Types - Compare Zerodha with Alice Blue
Order Type Compare Zerodha Alice Blue
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare Zerodha vs Alice Blue on Margin/Leverage

Comapre Zerodha 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 Zerodha with Alice Blue
Margin Product Compare Zerodha Alice Blue
Equity Delivery Margin Zerodha vs Alice Blue - Equity Delivery Margin No, Zerodha dont provide any margin/leverage for delivery/carry forward positions. No Margin/Leverage for Equity Delivery.
Equity Intraday Margin Zerodha vs Alice Blue - Equity Intraday Margin Upto 10x margin for intraday leverage for equity. Up to 3x to 10x leverage for equity MIS orders with F20 Plan and 20x with Traditional Plan.
Futures Margin Zerodha vs Alice Blue - Futures Margin Upto 2x leverage for futures Up to 5x leverage with F20 Plan and 10x with Traditional Plan.
Options Margin Zerodha vs Alice Blue - Options Margin Upto 2x margin for Options shorting, No leverage for option buying Up to 3x exposure for Options shorting, No leverage for Options Buying.
Equity CO Margin Zerodha vs Alice Blue - Equity CO Margin Upto 20.8x margin/leverage in CO order for selected equity scripts. Up to 20x margin/leverage in CO order for selected equity scripts and Indexs.
Futures CO Margin Zerodha vs Alice Blue - Futures CO Margin Upto 33x margin/leverage in CO order for Futures contracts. Up to 20x margin/leverage in CO order for Futures contracts.
Options CO Margin Zerodha vs Alice Blue - Options CO Margin Upto 20x margin/leverage in CO order for options Contracts Sell only.Buying is enable for NIFTY only. Info Not Available
Commodity Margin Zerodha vs Alice Blue - Commodity Margin Upto 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions. Up to 5x on MCX MIS orders F20 plan and 10x with Traditional Plan. For CO 20x for MCX MIS orders.
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Customer Service Offered

Compare Zerodha vs Alice Blue on Customer Service

Compare Zerodha 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 Zerodha with Alice Blue
Customer Service Compare Zerodha Alice Blue
24/7 Customer Service Zerodha vs Alice Blue - 24x7 customer support No No
Email Support Zerodha vs Alice Blue - Email Support Yes No
Onine Live Chat Zerodha vs Alice Blue - Onine Live Chat No Yes
Phone Support Zerodha vs Alice Blue - Phone Support Yes Yes
Toll Free Number Zerodha vs Alice Blue - Toll Free Number No No
Through Branches Zerodha vs Alice Blue - Through Branches Yes Yes
Customer Care Number Zerodha vs Alice Blue - Customer Care Number "+ 91 80 4040 2020" 080-61575500/22174600
Account Opening Process Zerodha vs Alice Blue - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Zerodha vs Alice Blue - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Zerodha vs Alice Blue - Knowledge Center/Education https://support.zerodha.com/ https://www.aliceblueonline.com/alice-knowledge-base/
Head Office Address Zerodha vs Alice Blue - Head Office Address/Corporate Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore 560063
Website Zerodha vs Alice Blue - Company Website https://zerodha.com/ https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare Zerodha vs Alice Blue on Research Reports, Tips

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

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

Compare Zerodha vs Alice Blue on Demat Account

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

Demat Charges - Compare Zerodha with Alice Blue
  Zerodha Alice Blue
DP Source CDSL CDSL
DP ID Zerodha vs Alice Blue - DP ID 81600 83500
Demat Account Annual Maintenance Charges(AMC) ₹300 pa Rs 400 PA AMC
Advance Deposit Nil Rs 0
Statutory charges ₹50 Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction ₹15 per transaction
Demat ₹150 per certificate + ₹100 courier charges ₹10 per certificate + ₹50 courier charges
Remat ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹30 per certificate + CDSL charges
Pledge Creation ₹20 + ₹12 CSDL charges ₹20 + CDSL charges
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹20 + ₹12 CSDL charges ₹20 + CDSL charges
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹20 ₹20 + CDSL charges
Failed Instruction Charges ₹50 per instraction Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Zerodha vs Alice Blue on Special Offers and Promotion

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

Compare Zerodha vs Alice Blue on Special Offers and Promotion
  Zerodha Alice Blue
Pay In and Pay Out Options Zerodha 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 Kite
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 Zerodha vs Alice Blue - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Zerodha vs Alice Blue - Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). 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#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
Likes

Detail Review...

Detail Review...

Dislikes
  • Call and trade is not free.
  • Margin against shares facility is not available for equity cash segment.
  • Zerodha as of now is not offering Margin Trading Funding. This is a big limitation for traders where they need to borrow some money from broker on interest for short span of time.

Detail Review...

  • It doesn’t provide a 3-in-1 account opening facility to customers.
  • It doesn’t offer free stock market advisory as Advisorymandi is a chargeable service.
  • NRIs can’t open Alice Blue demat and trading account.

Detail Review...

Special Offers/Promo Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges. Free delivery Trading, Free Lifetime Demat AMC.
Enquiry Enquire about Zerodha Enquire about Alice Blue

Last Updated on 2020-08-12T08:48:49+00:00


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