Alice Blue Brokerage Charges 2023 | Review, Fees, Plan and Details
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Alice Blue Brokerage Review and Transaction Charges
Alice Blue discount broker is one of the biggest stock brokers in India. It was incorporated in 2006 by Sidhavelayutham M. It is a Bangalore based discount broker that is known for its commodity trading service on MCX. Alice Blue brokerage broker has specialization in the zero brokerage charges cost model and offers many services in Equity and Commodity trading at BSE, NSE and MCX like in futures & options, cash and currency. Review of Alice blue broker is satisfactory among users.
Alice Blue Brokerage Charges Details
Brokerage in Alice blue is applicable as per the Freedom 15 brokerage Alice blue plan only. Brokerage charges in Alice blue varies according to segment. Segment wise Alice blue brokerage details is given below:
Segments | Brokerage Charges |
Equity Intraday | ₹15 per order or 0.05% (whichever is lower) |
Equity Delivery | ₹0 |
F&O | ₹15 per order or 0.05% (whichever is lower) |
MCX Futures | ₹15 per order or 0.05% (whichever is lower) |
MCX Options | ₹15 per order |
Currency Futures | ₹15 per order or 0.05% (whichever is lower) |
Currency Options | ₹15 per order |
Alice blue zero brokerage offer is applicable only in Equity delivery segment. Alice blue option brokerage charges is ₹15 per order or 0.05% (whichever is lower). Alice blue brokerage per lot is not applicable. Alice blue brokerage fees is applicable on per executed order.
Alice Blue Transaction Charges (Exchange Turnover Charge)
The transaction charges charged for Equity, Currency and Commodity are explained in the table below:
SEGMENT | TRANSACTION FEE |
Equity Delivery | NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side) |
Equity Intraday | NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side) |
Equity Futures | NSE ₹210 per Cr (0.0021%) | BSE ₹1 per trade (each side) |
Equity Options | NSE ₹5300 per Cr (0.053%) | BSE ₹1 per trade (each side) |
Currency Futures | NSE ₹135 per Cr (0.00135%) |
Currency Options | NSE ₹4400 per Cr (0.044%) (on premium) |
Commodity | Non-Agri ₹360 per Cr (0.0036%) | Agri ₹275 per Cr (0.00275%) |
Alice Blue Brokerage Plans
Earlier there were two Alice Blue brokerages plans. Alice blue freedom 15 plan and Alice blue traditional brokerage plan (also knowns as Alice blue Trade Pro Plan). But now there is only one brokerage plan i.e., Freedom 15 plan Alice blue. Apart from this, there is Alice blue change brokerage plan in Freedom 15. Alice blue broker charges ₹15 per order or 0.05% (whichever is lower). Whereas Alice blue brokerage plan T Pro is completely eliminated from Alice blue. For Alice blue brokerage calculator, you can visit the official website of Alice blue.
Other Charges
Alice blue pledge services charge: ₹15 + GST
Alice blue dematerialization charge: ₹10 per certificate
Alice blue dematerialization request charge: ₹50 per request
Alice blue Rematerialisation charge: ₹30 per Request + NSDL/CDSL or ₹10/- for every hundred securities Or Part there of a flat free of ₹10/- per certificate whichever is higher.
Alice blue customer care contact number: 098219 59487
Open Your Demat Account with Alice Blue
Comments for Alice Blue Brokerage Charges 2023 | Review, Fees, Plan and Details
Frequently Asked Questions
Demat account opening under Alice Blue is completely free.
Yes, you can place NRML orders in Alice blue.
MTM refers to Market-To-Market margin which covers the daily difference between the price of contract and its closing price on the day of purchase.
Alice blue customer support number is 098219 59487.
Certainly, Minor Demat Account can be opened with Alice Blue. In this case a legal guardian has to be appointed. Documents of legal guardians are required at the time of opening an account.
Natural gas brokerage in Alice blue is ₹15 per order or 0.05% (whichever is lower).
Yes, Alice Blue stock broker is very trusted. They have a big list of items to offer, and they serve their customer in most customer friendly manner.
There is no minimum balance requirement in Alice Blue trading account. Clients can add money in a trading account according to their need and extra money can be withdrawn as per the wish of the account holder.
Alice blue traditional brokerage plan has been discontinued by Alice blue. Only freedom 15 brokerage plan is available in Alice blue. Visit garvthakur.com to check Alice blue brokerage rate.
Alice Blue has over 17 branches and 1000’s of franchise offices across India.
Soft copy of following documents are required in order to open an online account with Aliceblue:
i. ID proof (PAN card)
ii. Address proof (Aadhar card/Voter ID/Passport)
iii. Passport size photo
iv. Scanned signature
v. Income proof (Bank statement of last 6 months/ ITR/ Last three months’ salary slip)
Alice Blue helpline number is 080-61575500/22174600.
No, it does not provide trading service on forex.
Yes, Alice Blue offers direct Mutual Funds through a dedicated online platform. There is no commission or brokerage charge on Mutual Funds.
Investing in Smallcase will attract a one-time flat fee of ₹100, apart from that usual brokerage charges will be applicable per transaction.
Crude oil brokerage in Alice blue is ₹15 per order.
Basic Service Demat Account (BSDA) is a special category of Demat account which can be opened / held only by individual investors. It is available for holding a value up to ₹50,000.
IPV refers to In-Person Verification, where the documents and client has to get verified by the broker personally while opening a trading and demat account. IPV can be done either through mobile Or Web camera. A video has to be recorded showing valid ID proof and client’s face during IPV process.
The size of file should be less than 5MB in JPEG, PDF or PNG format.
No, it does not provide any free tips.
Now there is only one brokerage plan in Alice blue i.e., Alice blue freedom 15 plan. Login to Alice blue Bot to change your current Alice blue brokerage plan.
eSign refers to digital signature. If client’s Aadhar card is linked with his mobile number, then he can virtually sign the documents through OTP.
Alice blue option trading brokerage is ₹15 per order. Both Alice blue option buying brokerage and Alice blue option selling brokerage is same.
No, it does not provide live market notifications and news.
The brokerage of Zerodha Max ₹20 per trade while the brokerage of Alice Blue Max ₹15 per order. Both the brokers are discount Brokers. Alice Blue provides more margin as compared to Zerodha.
It is a limited level of permission given to the firm by the traders in order to debit shares from the Demat account of trader whenever shares are sold. If a client is not willing to provide POA, then shares can be sold using CDSL TPIN mode. But this restricts the sell transaction to maximum of ₹ 1 crore per day. Moreover, it will result in limiting off-market transfer to ₹2 lakh per scrip and overall, ₹10 lakh per day. If the portfolio is above ₹ 1 crore and the client wish to sell more than ₹ 1 crore of stocks from his holdings in a day, he must provide POA.
Alice Blue does not provide a demo trading account.
No, it does not provide 3-in-1 account service.
It offers more than 15 additional products worth ₹3000 free of cost to enhance your trading experience.
Login to Alice blue Bot to change your current Alice blue brokerage plan.
Yes, it does provide combined ledger for both segments.
Alice blue traditional brokerage plan has been discontinued.
Transaction password is the password used while placing orders.
Yes, Alice Blue allows to trade in commodity.
Alice blue was incorporated in 2006 and is the fastest growing firm. It is a Bangalore based discount broker firm. Its minimum brokerage fees with maximum exposure makes it stand out from its competitors.
Indeed, the broker has designed a mobile app i.e. ANT mobi with a motive to provide better mobility to services it offers. This app is supported on android, windows and iOS platforms. It provides ease of trade from anywhere.
If eKYC is complete and Aadhar is linked to the mobile number, then the account can be opened instantly. In case, signed papers are sent to the broker, then it will take 24 hours to open the account once the documents are received.
3:15 PM is the Intraday square off time for Alice Blue.
Alice Blue Equity Options brokerage is ₹15 per order.
Those who are willing to trade only in F&O (Equity, Commodity or Currency), Demat account is not required.
No, Alice Blue does not provide this feature.
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