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Alice Blue Brokerage Charges

Alice Blue Track Record Of Best Online Stock Broker In India

  • Life

    3.6

    Company Rating

  • Life

    110+

    Cities Covered

  • Life

    3.5 Lacs

    Orders Per Day

  • Life

    77+ Lac Crore

    Daily Turnover

  • Life

    1.3 Lacs+

    Our Client Base

  • Life

    4

    Mobile App Rating

  • Life

    3.6

    Company Rating

  • Life

    110+

    Cities Covered

  • Life

    3.5 Lacs

    Orders Per Day

  • Life

    77+ Lac Crore

    Daily Turnover

  • Life

    1.3 Lacs+

    Our Client Base

  • Life

    4

    Mobile App Rating

 
 
 

Alice Blue Account Opening Enquiry

 
 
 
 

Alice Blue Brokerage and Transaction Charges

Alice Blue is one of the biggest and top ranked discount 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 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.
Alice Blue also offers the two brokerage plans i.e. Trade pro and Freedom 20. It provides the lowest brokerage charges to trade in different segments for its customers and this quality makes it the largest discount broker in India. Customer has to pay fixed brokerage charges of 0.01% for the Equity as the trade value. The futures and commodity segments have the charges of Rs.20 per lot, irrespective of the lot size and segment.
Alice blue offers the two brokerage plans to its customers i.e. “Trade pro” and “Freedom 20”.

Alice Blue Brokerage Charges 2020
Whenever you buy or sell any stock, a charge is executed by the broker as a commission. This charge is termed as Brokerage Charge. The brokerage charges for equity, commodities and currency derivative are explained below:

1. Trade Pro

EXCHANGE

SEGMENTS

BROKERAGE

NSE, BSE

Equity Intraday

0.01%

Equity Delivery

0.10%

Future

0.01%

Option

Rs.20 per lot

MCX

Future

0.01%

Option

Rs.20 per lot

NSE, BSE

Currency Future

Rs.10 per lot

Currency Option

Rs.10 per lot

 



2. Freedom 20

EXCHANGE

SEGMENTS

BROKERAGE

NSE, BSE

Equity Intraday

Rs.20 per order or 0.01% whichever is lower

Equity Delivery

0

Future

Rs.20 per order or 0.01% whichever is lower

Option

Rs.20 per order

MCX

Future

Rs.20 per order or 0.01% whichever is lower

Option

Rs.20 per order

NSE, BSE

Currency Future

Rs.20 per order or 0.01% whichever is lower

Currency Option

Rs.20 per 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 Rs.325 per Cr (0.00325%) | BSE Rs.1 per trade (each side)

Equity Intraday

NSE Rs.325 per Cr (0.00325%) | BSE Rs.1 per trade (each side)

Equity Futures

NSE Rs.210 per Cr (0.0021%) | BSE Rs.1 per trade (each side)

Equity Options

NSE Rs.5300 per Cr (0.053%) | BSE Rs.1 per trade (each side)

Currency Futures

NSE Rs.135 per Cr (0.00135%)

Currency Options

NSE Rs.4400 per Cr (0.044%) (on premium)

Commodity

Non-Agri Rs.360 per Cr (0.0036%) | Agri Rs.275 per Cr (0.00275%)


Other Charges

Pledge Services (Creation/Closure/Invocation)

Rs.15 + GST for Buy and Rs.15 for Sell

Dematerialization + Dematerialization Request

Rs.10 per certificate + Rs.50 per request

Rematerialization

Rs.30/- per Request + NSDL/CDSL Or Rs.10/- for every hundred securities Or Part there of a flat free of Rs.10/- per certificate whichever is higher

 

 

Conclusion
Alice blue offers two brokerage plans which are Trade Pro and Freedom 20. The company charges percentage-based brokerage in the Trade pro plan. It means that the customer has to pay a fixed percentage of trading value.
Freedom 20 is introduced to minimize the brokerage charges so that the customers suffer the lowest cost while trading.



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.
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.
Yes, Alice Blue is a trusted stock broker. 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 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.
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 Rs.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.
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.
No, it does not provide live market notifications and news.
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. 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.
Yes, it does provide combined ledger for both segments.
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 0.01% or Rs.20 whichever is lower.
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.

Alice Blue Reviews