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5paisa Vs Alice Blue: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of 5paisa Max Rs 20 per trade while the brokerage of Alice Blue Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for 5paisa is 15,06,966 where number of active customer for Alice Blue is 1,42,358. 5paisa is serving more customer compare to Alice Blue.

Here we present side-by-side comparison of 5paisa 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 5paisa 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.

Here we present side-by-side comparison of 5paisa 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 5paisa 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
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare 5paisa vs Alice Blue on Service

  5paisa Compare
5paisa
Alice Blue Compare
Alice Blue
Overall Rating Rated 4 stars Rated 4 stars
Brokerage Charges Rated 4 stars Rated 4.5 stars
Trading Platform Rated 4 stars Rated 4 stars
Investments Offering Rated 4 stars Rated 3 stars
Customer Service Rated 4 stars Rated 4 stars
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 15,06,966 1,42,358
Broker Overview 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m... Know more about 5paisa Trade at the lowest brokerage charges on the best platforms! Alice Blue Account offers Rs. 0 delivery trading, Max Rs. 15/order brokerage, free direct mutual fund investment, Tech-driven ANT Trading Platform, excellent customer service, and a plethor...Know more about Alice Blue
Broker Enquiry Request call back from 5paisa Request call back from Alice Blue
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Account Opening Charges and AMC

Compare 5paisa vs Alice Blue on Trading & Demat Account Opening Charges

Comparison of 5paisa with Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - 5paisa 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 5paisa with Alice Blue
Charges 5paisa Alice Blue
Trading Account Opening Fees Free Free
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 5paisa vs Alice Blue on Plan Options

Plans are the most important feature you look when compare 5paisa with Alice Blue. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare 5paisa with Alice Blue on Plan Options
Plan Types 5paisa Alice Blue
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  5paisa Alice Blue
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Alice Blue on Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Brokerage Charges - Compare 5paisa with Alice Blue
Brokerage Charges Compare 5paisa Alice Blue
Plan Name Basic Plan F15 Plan
Equity Delivery Flat Fee Rs 20 Free
Equity Intraday Flat Fee Rs 20 0.05% or Rs 15 whichever is lower
Equity Futures Flat Fee Rs 20 0.05% or Rs 15 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures Flat Fee Rs 20 0.05% or Rs 15 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 15
Minimum Brokerage NA NA
Hidden Charges No No
Funding Yes - 18% interest PA Yes - 24% interest PA
Call & Trade Charges Rs 100 per call(No limit of orders) Rs 50 per order + GST
Auto Square off Charges Rs 100 per call(No limit of orders) Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare 5paisa vs Alice Blue on Transaction Charges

Compare 5paisa with Alice Blue on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa with Alice Blue
Transaction Charges Compare 5paisa 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 90 Per Cr Rs 150 Per Cr
Currency Options Rs 4000 Per Cr Rs 4400 Per Cr
Commodity Rs 260 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for alice-blue
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Account Features

Compare 5paisa vs Alice Blue on Account Features

Compare 5paisa with Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - 5paisa offers a margin funding where Alice Blue doesn't offers margin funding. NRI Trading - Alice Blue offers NRI where 5paisa doesn't offers NRI Trading.

Account Features - 5paisa with Alice Blue
Account Features Compare 5paisa Alice Blue
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. No 5paisa have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15 PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare 5paisa vs Alice Blue on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and Alice Blue. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare 5paisa with Alice Blue
Trading Platform Compare 5paisa Alice Blue
Desktop Trading Platform 5paisaTradeStation 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://www.5paisa.com/online-trading
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App ANT Mobile
Mobile Trading App Demo 5paisa Mobile App Demo ANT Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod ANT Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS 5paisa Mobile App 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 5paisa Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare 5paisa vs Alice Blue on User Rating

  5paisa Alice Blue
  27 Customer Reviews    Rate 5paisa 8 Customer Reviews    Rate Alice Blue
Fees Ratings 3.1 2.6
Trading Brokerage Rating 3.9 3.4
Trading Platform Usability 3.3 2.4
Customer Service Ratings 2.7 2.6
Overall Ratings Rated 3.2 stars Rated 2.1 stars
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews Alice Blue is Rated 2.1 / 5 based on 8 customer reviews
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Investment Offerings

Compare 5paisa vs Alice Blue on Investment Offerings

Compare 5paisa 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 broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare 5paisa with Alice Blue
Investment Offerings Compare 5paisa Alice Blue
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes 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 5paisa vs Alice Blue on Order Types

Order Type - Compare 5paisa with Alice Blue on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type 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) are placing a compulsory stop loss and this is an 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, it's clear 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 a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare 5paisa with Alice Blue
Order Type Compare 5paisa 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 No No
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Customer Service Offered

Compare 5paisa vs Alice Blue on Customer Service

Compare 5paisa with Alice Blue on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare 5paisa with Alice Blue
Customer Service Compare 5paisa Alice Blue
24/7 Customer Service 5paisa vs Alice Blue - 24x7 customer support No No
Email Support 5paisa vs Alice Blue - Email Support Yes No
Onine Live Chat 5paisa vs Alice Blue - Onine Live Chat No Yes
Phone Support 5paisa vs Alice Blue - Phone Support Yes Yes
Toll Free Number 5paisa vs Alice Blue - Toll Free Number No No
Through Branches 5paisa vs Alice Blue - Through Branches No Yes
Customer Care Number 5paisa vs Alice Blue - Customer Care Number +91 89766 89766 08035215000/080-45490850
Account Opening Process 5paisa vs Alice Blue - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email 5paisa vs Alice Blue - Customer Support Email [email protected] [email protected]
Knowledge Center/Education 5paisa vs Alice Blue - Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://tradeschool.aliceblueonline.com/
Head Office Address 5paisa vs Alice Blue - Head Office Address/Corporate Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore – 560063
Website 5paisa vs Alice Blue - Company Website https://www.5paisa.com/ https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare 5paisa vs Alice Blue on Research Reports, Tips

Compare 5paisa with Alice Blue on research reports and tips provided by the broker.

Research Reports - Compare 5paisa with Alice Blue
  5paisa Alice Blue
Research Mutual Funds 5paisa vs Alice Blue - Research Mutual Funds Yes No
Research Equity Reports 5paisa vs Alice Blue - Research Equity Reports Yes No
Research ETF 5paisa vs Alice Blue - Research ETF No No
Daily Market Report 5paisa vs Alice Blue - Daily Market Report Yes Yes
Free Tips 5paisa vs Alice Blue - Free Tips Yes No
Quarterly Result Analysis 5paisa vs Alice Blue - Quarterly Results No No
News Alerts 5paisa vs Alice Blue - Yes No
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Demat Account

Compare 5paisa vs Alice Blue on Demat Account

Compare 5paisa with Alice Blue on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Alice Blue is ₹400 pa where for 5paisa is ₹300 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for 5paisa is ₹12.50 per ISIN where for Alice Blue is 0.04% of the value of the transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare 5paisa with Alice Blue
  5paisa Alice Blue
DP Source CDSL CDSL
DP ID 5paisa vs Alice Blue - DP ID 82500 83500
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹400 pa
Advance Deposit NIL Rs 0
Statutory charges Nil Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN 0.04% of the value of the transaction
Demat ₹15 per certificate ₹10 per certificate + ₹50 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹30 per certificate + CDSL charges
Pledge Creation ₹50 ₹20 + CDSL charges
Pledge Creation Confirmation NIL Nil
Pledge Closure NIL ₹20 + CDSL charges
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL ₹20 + CDSL charges
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Alice Blue on Special Offers and Promotion

Compare 5paisa with Alice Blue on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs Alice Blue on Special Offers and Promotion
  5paisa Alice Blue
Pay In and Pay Out Options 5paisa vs Alice Blue - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
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 5paisa vs Alice Blue - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges 5paisa vs Alice Blue - Bank Supported and Charges Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
Likes
  • Rs. 20/order brokerage regardless of trade value.
  • Rs. 0 brokerage on delivery trades in Ultra Trader Pack.
  • Trade at just Rs. 10/order with Power Investor and Ultra Trader Pack.
  • Zero balance 5paisa account.
  • Free or Rs. 0 commission investment in mutual funds.
  • Investment in US Stocks at zero commission.
  • Best free trading platforms across web, desktop, and mobile app versions.
  • 5paisa Invest App, a dedicated mutual fund investment platform.
  • Smart research tools and intelligent portfolio investing ideas by experts.
  • Get comprehensive research on 4,000+ stocks.
  • Advanced orders like bracket order and cover order.
  • 5paisa Valid Till Triggered (VTT) order facility.
  • Free of cost 5paisa API to build your trading terminal.
  • 5paisa Smallcase, thematic investing platform.
  • 5paisa Algo Trading platform with the state-of-the-art automated trading feature.
  • 5paisa School, stock market education & learning center for beginners.

Detail Review...

  • Trade on BSE, NSE, and MCX at Rs. 15 flat brokerages.
  • Zero brokerage or commission-free investment in direct mutual funds.
  • Lifetime zero brokerage delivery trading.
  • Powerful charting, lots of technical indicators, and stock screeners.
  • Alice Blue Tradestore, a marketplace for advanced trading products.
  • Alice Blue offers free ANT API access for the Algo trading facility.
  • Advanced orders such as bracket order (BO), cover order (CO), and after market order (AMO).
  • Pledge shares without POA.
  • Alice Blue Trade School, a stock market education platform for beginners to experts.
  • Plethora of learning resources for beginners; Tradeschool, Aspiring Investor Program, and ANT IQ Blog.
  • Become a Partner with Alice Blue to Earn, Scale, and Grow your business.
  • TradeLink, a free online tool to share your trading ideas.
  • Alice Blue refer & earn program provides 2-sided benefits to both referral and referee.
  • Strong PAN India presence in 20 cities with over 12,000 partners.
  • No minimum brokerage.

Detail Review...

Dislikes
  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

Detail Review...

  • A 3-in-1 account opening facility is unavailable.
  • It does not offer zero brokerage unlimited monthly trading plans.
  • Alice Blue does not provide NRI trading services.
  • You cannot place Good Till Canceled (GTC) order in Alice Blue.
  • High Demat AMC charges.
  • Alice Blue Mutual Fund App is not available on the App Store.

Detail Review...

Special Offers/Promo
Enquiry Open 5paisa Account Now>> Open Alice Blue Account Now>>

Last Updated on 2022-06-27T23:08:41+00:00