Alice Blue Online Vs Achiievers Equities Discount Broker Comparison

Alice Blue Online Vs Achiievers Equities comparison between all aspect of share brokers like Active clients, Trading platform, Brokerage charges, Customer care supports & tools, Margin/leverage, Account opening charges etc.

Alice Blue Online Financial Services

Alice blue Online started in 2008 as an Alicebliue Securities, currently Alice blue online has more than 35000 customers and 1000+ partners across India. Aliceblue has a good presence in south India. Known for its reliable customer services, Alice blue online only charge 0.01% or Rs.20 per order whichever is lower.

Recently they won “Best Brokerage House – Energy” Award from MCX and Highest Volume Generator in commodities and “Gems of India” Award in 2014. Enjoy Trade unlimited full time equity, commodity and currency by customizing plan / membership subscribing.

Achiievers Equities Ltd

Achiievers Equities, founded in 2010, is a Discount-service broker with over 20000+ retail customer accounts. Pan India’s presence and more than 300+ trading centers. Achievers Equities currently has around 280 business partners in the entire country. At present, the company’s turnover is more than 1000+ crore rupees per day.

Achiievers Equities won “Most promising brand” award on 22 Jul 2016. Achievers Equities is the first to offer research in India on daily basis. 24/7 customer care support is the most important thing in today’s world and they provide. Rather than broking, they offer a product like online Mutual fund, Online KYC, Gold Loan, Equity SIP etc.

Alice Blue Online Vs Achiievers Equities Side-by-side Comparison

Broker NameAlice Blue Online Achiievers Equities
Alice Blue Online logo
Achiievers Equities logo
Broker InfoAlice Blue Online ReviewAchiievers Equities Review

Alice Blue Online Vs Achiievers Equities Background Comparison

BackgroundAlice Blue OnlineAchiievers Equities
Incorporation Year20082010
Broker ServicesDiscount BrokerDiscount Broker
Contact Number080 61575500 / 080 22174600033 66063000
Exchanges AccessibleNSE, BSE, MCX, MCX-SX, NCDEXNSE, BSE, & MCX
Active Total Client35000+ Clients20000+ Clients


IntroductionAlice Blue OnlineAchiievers Equities
Broker Reviews /OpinionAlice Blue Online is Discount stock broker with simple Rs.20 per executed order brokerage plan for all segments. Alice blue provides fast and simple trading portals for online trading with superior charts. Alice blue online mobile app (ANT Mobi) is comes in India’s top3 leading trading apps. Dedicated customer support.Overall Achiievers Equities charges very low than its competitors and delivers with very good platforms, research, mobile apps, education, and customer service. Compared to other Discount-service brokers Achiievers Equities offer customization plan like Per Day Plan, Per Trade Plan, Month plan + Traditional plan also with zero hidden charges.
Broker InquiryGet CallbackGet Callback

Broker Ratings and Reviews Comparison

Broker Rating/ReviewsAlice Blue OnlineAchiievers Equities
Opening Charges



Commissions & Fees



Trading Platforms & Tools



Order Execution



Fund Add/Withdraw



Customer Services



Overall Rating



Usable for Investors Category Comparison

Useful for Type of InvestorsAlice Blue OnlineAchiievers Equities
TradersYes, Available ✔Yes, Available ✔
Active Investor/TraderYes, Available ✔Yes, Available ✔
InvestorYes, Available ✔Yes, Available ✔

Account Opening Fees and AMC Comparison

Account Opening Fees and AMCAlice Blue OnlineAchiievers Equities
Trading Account Opening ChargesEquity: Rs.310 and Commodity: Rs.120Rs.750
Trading Annual Maintenance ChargesFreeFree
Demat Account Opening FeesFreeFree
Demat Annual Maintenance ChargesFree AMC for LifetimeRs.400/Per Annum
Commodity FeesRs.200Rs.300
Offer DP ServiceYes, Available ✔Yes, Available ✔

Available Trading Brokerage Plans Comparison

Available Brokerage PlansAlice Blue OnlineAchiievers Equities
Monthly SubscriptionNot Available, ✖ (customized plans/ memberships. Available)Yes, Available ✔ Rs.750 Per Month
Yearly SubscriptionNot Available, ✖ (customized plans/ memberships. Available)Yes, Available ✔
Multiple SubscriptionNot Available, ✖ (customized plans/ memberships. Available)Yes, Available ✔ per month & per day

Trading Brokerage Charges Comparison

Brokerage ChargesAlice Blue OnlineAchiievers Equities
Plan Subscription SummeryAliceBlue Online charges only Rs.20 per executed orderTrade in any segment- Equity Intraday, Equity Delivery, Future, Currency and Commodity for just Rs.15 per executed order.
Equity Intraday ChargesRs.20/executed order or 0.01% whichever is lower.Rs.15 per executed order.
Equity Delivery ChargesRs.20/executed order or 0.01% whichever is lower.Rs.15 per executed order.
Equity Futures ChargesRs.20/executed order or 0.01% whichever is lower.Rs.15 per executed order.
Equity Options ChargesRs.20/executed order or 0.01% whichever is lower.Rs.15 per executed order.
Currency Futures ChargesRs.20/executed order or 0.01% whichever is lower.Rs.15 per executed order.
Currency Options ChargesRs.20/executed order or 0.01% whichever is lower.Rs.15 per executed order.
Commodity ChargesRs.20/executed order or 0.01% whichever is lower.Rs.15 per executed order.
Minimum Brokerage Fees0.01% on Turnover value.Just Fee Rs.15
Any Hidden CostNo, ✖No Information
Call & Trade ChargesRs.20/executed order.No Information

Available Margins / Leverage Comparison

Margins or LeverageAlice Blue OnlineAchiievers Equities
Equity Margin IntradayCategory A Stocks: Up to 20 times, Category B Stocks Up to 10 times.No Information
Equity Margin DeliveryUp to 3 times on Equity Delivery.No Information
Equity Margin FuturesUp to 5 times on equity futures intraday (MIS).No Information
Equity Margin OptionsUpto 5 times on option index selling and 3 times on option index buying. No leverage for other option buying.No Information
Currency Margin FuturesUpto 10 times For Intraday and 1 time for carryforward.No Information
Currency Margin OptionsUpto 10 times For Intraday and 1 time for carryforward.No Information
Commodity MarginUpto 10 times For Intraday and 1 time for carryforward.No Information

Transparency and Transaction and other Government charges, Taxs Comparison

Transparency & Other FeesAlice Blue OnlineAchiievers Equities
Equity Day Trading0.00325% or Rs.325/per crore.0.0035% or Rs.350/per crore.
Equity Delivery0.00325% or Rs.325/per crore.0.0035% or Rs.350/per crore.
Equity Futures Trading0.0021% or Rs.210/per crore.0.0039% or Rs.390/per crore.
Equity Options Trading0.055% or Rs.5500/per crore.0.05% or Rs.5000/per crore.
Currency Futures Trading0.0011% or Rs.110/per crore.0.00175% or Rs.175/per crore.
Currency Options Trading0.044% or Rs.4400/per crore.0.065% or Rs.6500/per crore.
Commodities TradingAgri: Rs.275 per crore & Non-Agri: Rs.360 per crore.Agri: Rs.365 per crore & Non-Agri: Rs.460 per crore.
AMC ChargeRs.0 AMC for LifetimeFree for Trading AMC. Rs.400 PA for Demat AMC
DP Transaction FeesNo inRs.15 or 0.025% whichever higher
Offline order placing ChargeNo InformationRs.0
Sebi ChargesRs.15/per cr.Rs.15/per cr.
GST 18% on Brokerage + Transaction charges.18% on Brokerage + Transaction charges.
Stamp Duty As per Clients state.As per Clients state.

Available Trading Platform / Software Comparison

Trading Platforms / SoftwareAlice Blue OnlineAchiievers Equities
Desktop Trading PlatformANT – Analyse and TradeNSE NOW
Web Basedant.aliceblueonline.comNSENOW-LOGIN
Mobile ApplicationANT MOBIAchiievers Mobi

Trading Platform Details Comparison

Trading Platform DetailsAlice Blue OnlineAchiievers Equities
Demo (Desktop) PlatformNo InformationNo Information
Windows Desktop platform Yes, Available ✔Yes, Available ✔
MAC Desktop platform No, ✖No, ✖
Web Trading URLant.aliceblueonline.comNSENOW-LOGIN
Web Trading Portals
Mobile SiteYes, Available ✔Yes, Available ✔
Mobile Trading AvailabilityYes, Available ✔Yes, Available ✔
Mobile Trading ApplicationGoogle Play StoreGoogle Play Store
Mobile App DemoDemo AvailableDemo Avaialble
Android / Ios Mobile AppYes, ✔ Both AvilableYes, ✔ Both Avilable

Charting Facility Comparison

ChartingAlice Blue OnlineAchiievers Equities
Intraday (Day Chart)Yes, Available ✔5 Days on NSENOW and 5 Day on ODIN (MCX)
End of Day (Daily Chart)Yes, Available ✔10 years NSENOW and 5 years on ODIN (MCX)
Coding/BacktestingNo InformationNo, ✖

Reporting Comparison

ReportingAlice Blue OnlineAchiievers Equities
Trade Online ReportsYes, Available ✔Yes, Available ✔
PNL Online ReportsYes, Available ✔Yes, Available ✔
Online Contract Notes Yes, Available ✔Yes, Available ✔

Trading Support and Tools Comparison

Support & ToolsAlice Blue OnlineAchiievers Equities
Research & TipsNo, ✖Yes, Available ✔
Brokerage CalculatorNo, ✖Yes, Available ✔
Span Margin CalculatorYes, Available ✔No, ✖
Trailing StoplossYes, Available ✔Auto trailing SLNo, ✖
Training & EducationYes, ✔ Blogs, ArticlesYes, ✔ Blogs, Articles

Trading Features Comparison

Useful Trading FeaturesAlice Blue OnlineAchiievers Equities
3 in 1 Account
No, ✖Yes, Available ✔
Instant Fund withdrawalNo, ✖No, ✖
Relationship Managers (RM)No, ✖No, ✖
ChartsYes, Available ✔Yes, Available ✔
Algo Trading / RobotNo, ✖No, ✖
Mobile SMS AlertsYes, Available ✔No, ✖
Online DemoNo, ✖Yes, Available ✔
Online Portfolio No, ✖Yes, Available ✔
Margin for Future TradingNo, ✖No, ✖
Combined Records for Equity & CommodityYes, Available ✔No, ✖
Intraday Timing3.15 PM3.15 PM
Can NRI TradeYes, Available ✔Yes, Available ✔
Extra FeaturesPivot Point CalculatorAsk to Broker

Services and Available Option Category Comparison

Investment Service and Available OptionsAlice Blue OnlineAchiievers Equities
Equity Cash & Future & OptionYes, Available ✔Yes, Available ✔
Currency Derivatives (Forex)Yes, Available ✔Yes, Available ✔
Commodity Yes, Available ✔Yes, Available ✔
Online IPO RequestNo, ✖No, ✖
Mutual Funds (MF)No, ✖Yes, Available ✔
Bonds / Negotiable Certificate of DepositNo, ✖Yes, Available ✔
Exchange-Traded Fund (ETF)Yes, Available ✔Yes, Available ✔
Banking ServicesNo, ✖No, ✖
Direct InsuranceNo, ✖No, ✖
Forex InvestmentNo, ✖No, ✖
MF SIP InvestmentsNo, ✖Yes, Available ✔
PMS ServicesNo, ✖No, ✖
Other OptionsAsk to BrokerAsk to Broker

Fund ADD / Fund Withdrawal Procedure Comparison

Fund Add/Withdrawal ProcessAlice Blue OnlineAchiievers Equities
Fund Pay In and Pay outAdd Fund: Cheque, Online Bank Transfer using IMPS, NEFT or RTGS, UPI, Net-Banking and ATOM payment gateway,DD. Withdrawal fund: Bank Transfer.No Information
Time for Payout24 hours (working days).No Information
Linked BankNear about 25 bank available for fund credit.No Information

Trading Order Types Comparison

Trading Order TypesAlice Blue OnlineAchiievers Equities
Cash N Carry (CNC Order)Yes, Available ✔Yes, Available ✔
Margin Intraday Square (MIS Order)Yes, Available ✔Yes, Available ✔
Normal (NRML Order)Yes, Available ✔Yes, Available ✔
Cover OrderYes, Available ✔No Information
Bracket OrderYes, Available ✔with auto trailing SLNo, ✖
Buy Today Sell Tomorrow (BTST)No InformationNo, ✖
Sell Today Buy Tomorrow (STBT)No InformationNo, ✖
AMO -After Market OrderYes, Available ✔No, ✖
GTG-Good Till CancelledNo, ✖Yes, Available ✔

Customer Care Services and Numbers Comparison

Customer Care ServicesAlice Blue OnlineAchiievers Equities
Customer Care Service 24/7Yes, Available ✔Yes, Available ✔
Email SupportYes, Available ✔Yes, Available ✔
Live Chat OnlineYes, Available ✔Yes, Available ✔
Phone SupportYes, Available ✔Yes, Available ✔
Toll-Free NumberNo, ✖Yes, Available ✔
1860 420 3333
Support by BranchYes, Available ✔Yes, Available ✔
Customer Care Contact Number080 61575500 / 080 22174600+91 33 66063000
Account Opening ProcedureOnlineNo Information
Customer Support
Complaints Support
Educational BlogYes, Available ✔Yes, Available ✔
Head Office Address85/2, 3rd Floor,
Royal Building,
Sathy Road,
Erode – 638003,
Tamil Nadu
32 / A Diamond Harbour Road,
Sakher Bazar,
Kolkata – 700008

Investment Advice/Tips/ Research & Reports Comparison

Investment Advice -Tips, Research & ReportsAlice Blue OnlineAchiievers Equities
Equity ResearchNo, ✖Yes, Available ✔
Mutual Fund ResearchNo, ✖Yes, Available ✔
ETF ResearchNo, ✖Yes, Available ✔
Daily ReportYes, Available ✔Yes, Available ✔
Free Tips- AdvisoryNo, ✖Yes, Available ✔
Company Result AnalysisNo, ✖Yes, Available ✔
News & AlertsNo, ✖Yes, Available ✔

Advantages & Disadvantages Comparison

Advantages & DisadvantagesAlice Blue OnlineAchiievers Equities
Pros / Likes1) Zero annual maintenance charges. High leverage on trading products.
2) 20 times limit for bracket order
3) 20 times limit for bracket order Alice blue provides E-Learning Kit for fundamental and technical research.
4) Advanced trading platform to build our own strategy.
1) Achiievers Equities offers 24/7 Customer Support.
2) 3-in-1 Account.
3) Customized Brokerage plan available.
4) All Three Trading Portals are fast.

Cons / Dislikes1) No investment advisory or Tips.
2) Toll-free number not available
3) Rs.20 for call-n-trade.
4) Online IPO Application not available.
1) Rs.20 Extra for call n trade.
2) Rs.75 for Research Alerts over sms.
3) Pan Indian Presences.
Promotion or offerLifetime free Demat Account and only Rs.20 for per executed order.No Information

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