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
Hello guys I wan to say this to whom it may
concern. Investing in crypto was my husband
ideal. I trade with some crypto platform not
knowing they where sc!m and this made me lose
almost all I had. Am only happy because I found
help after reporting to a rec0 very firm and they
helped me recover all I lost to these fake crypto
platform. My advice is that everyone need to be
careful of the platform you deal with. If you have
falling v1ctim of these fake platform do not
hesitate to file a complaint to Marketpeace . n et
this company helped me and I believe she can
help you too. Stay safe guys.
Everyone has to be guided a lot of scammers are out there taking money from innocent traders. I was a victim to this scam crypto broker the made me loss my hard earn funds. I reported to Marketpeace. net and they where able to fight back for my funds now I have my funds fully recovered. You can as well write to their support team or WhatsApp +84 94 767 1524.
Hello guys I wan to say this to whom it may
concern. Investing in crypto was my husband
ideal. I trade with some crypto platform not
knowing they where sc!m and this made me lose
almost all I had. Am only happy because I found
help after reporting to a recovery firm and they
helped me recover all I lost to these fake crypto
platform. My advice is that everyone need to be
careful of the platform you deal with. If you have
falling victim of these fake platform do not
hesitate to file a complaint to Marketpeace . n et
this company helped me and I believe she can
help you too. Stay safe guys.
This is a WARNING not to do any business with this company.You will be asked to pay for bogus “taxes” in order to withdraw which were not mentioned before. And even if you do pay, You still can’t. If you are in this mess or similar one get help by contacting Marketpeace .n et Their service was so easy to work with and we recouped all my losses till the last penny. You can send a message to WhatsApp +84 94 767 1524.
If you have ever lost money through Lottery, Compensation, Binary Options, Inheritance Cryptocurrency or Forex. Or your’e also facing some challenges of withdrawals or your broker manager is always asking you to make more deposit before you could place a withdrawals from your account or you traded and lost your funds without any reason or maybe you noticed that your broker manager manipulated your funds or you have lost your bitcoins you can report to Gavin ray a specialist who helps to recover funds from any company legitimate or not legitimate I lost about 120k to scammers with the help of gavin ray I got back my funds in full. Kindly contact them through this Email Address : gavinray78 gmail com and you will be guided on the steps to recover all your lost funds.
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.
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.
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)
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.
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.
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 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.
jamez cutt
Hello guys I wan to say this to whom it may concern. Investing in crypto was my husband ideal. I trade with some crypto platform not knowing they where sc!m and this made me lose almost all I had. Am only happy because I found help after reporting to a rec0 very firm and they helped me recover all I lost to these fake crypto platform. My advice is that everyone need to be careful of the platform you deal with. If you have falling v1ctim of these fake platform do not hesitate to file a complaint to Marketpeace . n et this company helped me and I believe she can help you too. Stay safe guys.
jamez cutt
Everyone has to be guided a lot of scammers are out there taking money from innocent traders. I was a victim to this scam crypto broker the made me loss my hard earn funds. I reported to Marketpeace. net and they where able to fight back for my funds now I have my funds fully recovered. You can as well write to their support team or WhatsApp +84 94 767 1524.
jamez cutt
Hello guys I wan to say this to whom it may concern. Investing in crypto was my husband ideal. I trade with some crypto platform not knowing they where sc!m and this made me lose almost all I had. Am only happy because I found help after reporting to a recovery firm and they helped me recover all I lost to these fake crypto platform. My advice is that everyone need to be careful of the platform you deal with. If you have falling victim of these fake platform do not hesitate to file a complaint to Marketpeace . n et this company helped me and I believe she can help you too. Stay safe guys.
Rajack shelon
This is a WARNING not to do any business with this company.You will be asked to pay for bogus “taxes” in order to withdraw which were not mentioned before. And even if you do pay, You still can’t. If you are in this mess or similar one get help by contacting Marketpeace .n et Their service was so easy to work with and we recouped all my losses till the last penny. You can send a message to WhatsApp +84 94 767 1524.
Grace lalana
If you have ever lost money through Lottery, Compensation, Binary Options, Inheritance Cryptocurrency or Forex. Or your’e also facing some challenges of withdrawals or your broker manager is always asking you to make more deposit before you could place a withdrawals from your account or you traded and lost your funds without any reason or maybe you noticed that your broker manager manipulated your funds or you have lost your bitcoins you can report to Gavin ray a specialist who helps to recover funds from any company legitimate or not legitimate I lost about 120k to scammers with the help of gavin ray I got back my funds in full. Kindly contact them through this Email Address : gavinray78 gmail com and you will be guided on the steps to recover all your lost funds.