Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. 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. Zerodha is having overall higher rating compare to Alice Blue. Zerodha is rated 4.5 out of 5 where Alice Blue is rated only 4 out of 5. Number of active customer for Zerodha is 63,96,714 where number of active customer for Alice Blue is 1,48,856. Zerodha is serving more customer compare to Alice Blue.
Here we present side-by-side comparison of Zerodha 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 Zerodha 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 Zerodha 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 Zerodha vs Alice Blue's on
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.
|Broker Type||Discount Broker||Discount Broker|
|Exchanges Supported||NSE, BSE, MCX||BSE, NSE, MCX, NCDEX|
|Broker Overview||Zerodha is the game-changing discount broker with the concept of Rs. 20/order flat brokerage model and commission-free direct mutual fund investment platform in India. Free delivery trading, superfast Zerodha Kite trading platform, and quick & re...||Lowest brokerage discount broker offering free delivery trading and flat brokerage of Rs. 15 per order in other segments through the ANT trading platform.|
Comparison of Zerodha with Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Alice Blue offer Free account opening where Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening. Demat AMC charges - Zerodha charges Rs 300 PA AMC for Demat account where Alice Blue charges Rs 400 PA AMC for Demat account.
|Trading Account Opening Fees||Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com)||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 300 PA||Rs 400 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Zerodha with Alice Blue. This section compare on high level about type of plans offered by brokers. Multiple Plans - Alice Blue provides Multiple Plans where Zerodha doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Zerodha||Alice Blue|
|Account Opening Request|
Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.
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||Zerodha||Alice Blue|
|Plan Name||Max Rs 20 per order Trading Plan||F15 Plan|
|Equity Intraday||0.03% or Rs 20 whichever is lower||0.05% or Rs 15 whichever is lower|
|Equity Futures||0.03% or Rs 20 whichever is lower||0.05% or Rs 15 whichever is lower|
|Equity Options||Flat Fee Rs 20||Flat Rs 15 per executed order|
|Currency Futures||0.03% or Rs 20 whichever is lower||0.05% or Rs 15 whichever is lower|
|Currency Options||Flat Fee Rs 20||Flat Rs 15 per executed order|
|Commodity Trading||Flat Fee Rs 20||0.05% or Rs 15 whichever is lower|
|Funding||Info Not Available||Yes - 24% interest PA|
|Call & Trade Charges||Rs 50 Per Executable Order||Rs 50 per order + GST|
|Brokerage Calculator||Brokerage Calculator for Zerodha||Brokerage Calculator for Alice Blue|
Compare Zerodha with Alice Blue on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Zerodha||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 135 Per Cr||Rs 150 Per Cr|
|Currency Options||Rs 4400 Per Cr||Rs 4400 Per Cr|
|Commodity||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for zerodha||Complete Brokerage Plans for alice-blue|
Compare Zerodha with Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Zerodha offers 3-in-1 account where Alice Blue offers only 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 - Both broker dont have a margin funding facility. NRI Trading - Both broker provides NRI Trading facility.
|Account Features Compare||Zerodha||Alice Blue|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:10 PM||3:15 PM|
With our expert research team, we have compared all the major features of Trading platform b/w Zerodha 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||Zerodha||Alice Blue|
|Desktop Trading Platform||Kite By Zerodha||ANT - Analyse and Trade|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Zerodha Kite||ANT Mobile|
|Mobile Trading App Demo||Zerodha Kite Demo||ANT Mobile Demo|
|Android Mobile App|
|Android App Download||Andriod Zerodha Kite Download||Andriod ANT Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Zerodha Kite Download||iOS ANT Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Zerodha||Equity Intraday and Delivery Brokerage Calculator for Alice Blue|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Zerodha||Futures Brokerage Calculator for Alice Blue|
|Options Brokerage Calculator||Options Brokerage Calculator for Zerodha||Options Brokerage Calculator for Alice Blue|
|Detail||Detail on Trading Platforms for zerodha||Detail on Trading Platforms for alice-blue|
Compare Zerodha 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||Zerodha||Alice Blue|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Zerodha 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) - Alice Blue provides Bracket Orders (BO) where Zerodha doesn't offer.With the name its cleare 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 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- Zerodha offers Good Till Cancelled (GTC) orders where Alice Blue doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Zerodha||Alice Blue|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Zerodha 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 Service Compare||Zerodha||Alice Blue|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||"+ 91 80 4040 2020"||080-61575500/22174600|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Bagalur Main Road,
Bangalore – 560063
Compare Zerodha with Alice Blue on research reports and tips provided by the broker.
Compare Zerodha 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 Zerodha is ₹300 pa.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading â€“ 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 Zerodha is ₹8 + ₹5.50 (CDSL Charges) per transaction 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 Account Annual Maintenance Charges(AMC)||₹300 pa||₹400 pa|
|Advance Deposit||Nil||Rs 0|
|Statutory charges||₹50||Rs 150 Stamp Charges|
|Transaction Charges on Debit (Per ISIN)||₹8 + ₹5.50 (CDSL Charges) per transaction||0.04% of the value of the transaction|
|Demat||₹150 per certificate + ₹100 courier charges||₹10 per certificate + ₹50 courier charges|
|Remat||₹150 per certificate + ₹100 courier charges + CDSL Charges||₹30 per certificate + CDSL charges|
|Pledge Creation||₹20 + ₹12 CSDL charges||₹20 + CDSL charges|
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure||₹20 + ₹12 CSDL charges||₹20 + CDSL charges|
|Pledge Closure Confirmation||Nil||Nil|
|Pledge Invocation||₹20||₹20 + CDSL charges|
|Failed Instruction Charges||₹50 per instraction||Nil|
Compare Zerodha with Alice Blue on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
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||Max 24 hrs except for bank holidays||Upto 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI).||Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.|
|Bank Detail||HDFC Bank
Branch: Sandoz Branch, Mumbai
|Aliceblue Financial Services,
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
|Special Offers/Promo||Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.||Free delivery Trading, Zero account opening charges.|
|Enquiry||Enquire for Zerodha||Enquire for Alice Blue|
Last Updated on 2022-05-17T05:13:27+00:00
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