IPO | BROKER REVIEW | INVESTING | ALGO TRADING | TECHNICAL ANALYSIS

Alice Blue Demat Account Opening Charges and Details

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+ Lacs 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+ Lacs Crore

    Daily Turnover

  • Life

    1.3 Lacs+

    Our Client Base

  • Life

    4

    Mobile App Rating

 
 
 

Alice Blue Account Opening Enquiry


 
 
 
 

Alice Blue Demat Account Opening and Charges

Alice blue is a Bangalore based financial enabler which was incorporated in 2006. This organisation is primarily into brokerage business with a clear focus on providing cost effective brokerage services without hampering the experience of customers. Being a reputed SEBI registered financial service provider, the organization has gained its name in the trading market. Services from Alice Blue can be availed both either online or through its 15 branches that are spread over the major cities of the country.

Alice Blue Demat Account
Customers can get their demat account opened with CDSL through Alice Blue, since Alice Blue is the depository participant (DP) of CDSL. Talking about CDSL, it is one of the two designated depositories in India. Now what CDSL does is, they hold the securities in the Demat account. Depositories are the members to CDSL to service the Demat. Alice Blue charges fees from the customers to service the Demat account. On each transaction made in the Demat account CDSL also charges fees.

Documents Required to Open a Demat account
Following documents are required to open demat account with Alice blue
1. Aadhar card.
2. PAN card.
3. Latest bank statement with IFSC/MICR code and address.
4. Cancelled cheque.
5. Address Proof.
6. Passport size photo.

How to open a demat account in Alice blue?
To open a demat account with Alice blue, the customer needs to follow the steps below:
1. Fill the application form for opening a demat account in Alice blue.
2. Upload all the necessary documents.
3. Click on the submit button and your account will get activated within 24hrs.

Charges for Demat Account Opening with Alice Blue
In order to open a Demat account with Alice Blue, customers might have to pay opening charges for Demat accounts. Brokers charge annual maintenance charges, which is an annual fee for the purpose of maintaining the Demat account.

Service

Charges

Account Opening Fee for Demat

₹0

Annual Maintenance charges for Demat

₹400

 

Reasons to Choose Alice Blue for Demat Account
• No account opening charges.
• Direct deposit of dividend and bonus in your Demat account.
• Online management of Demat account.
• Round the clock support from back office portal.
• More than 15 branches across the country to provide Demat related services.
• Availability of Basic Service Demat Account (BSDA) for holdings up to value of ₹50,000.
• Online investment in Equity, Corporate FD’s, Insurance and etc.
• Online trading at exchanges like BSE, NSE and MCX.
• Option to freeze the Demat account.
• Research-based analysis and relationship management to all customers without any further cost.

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.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.
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 Rs.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.

Alice Blue Reviews