Zerodha Vs Alice Blue Online

Zerodha Vs Alice Blue Online Share Broker Comparison

Zerodha Vs Alice Blue Online Discount Share Broker Comparison

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

Zerodha Introduction.

Zerodha is a India’s no.1 stock broker with more than 8,50,0000 + active customers. Just started in 2010 and Zerodha is suitable for all types of traders & investors, it leads the industry in Indian trading and low-cost commissions. Founded nearly 10 years ago, Zerodha securities is known for its industry-leading commissions schedule, margin rates, and customer care support & Trading platforms.

Recently they won award “Zerodha – India’s best retail brokerage for 2018” by NSE. Zerodha provides service in all segments like Equity, Currency, Commodity, F&O, Mutual fund etc. Zerodha only focus on execution of trades and trading platform offers by them is international standards.

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.

Zerodha Vs Alice Blue Online Side-by-side Comparison

Broker Name.ZerodhaAlice Blue Online
Alice Blue Online logo

Broker Info.Zerodha ReviewAlice Blue Online Review

Zerodha Vs Alice Blue Online Background.

Zerodha Vs Alice Blue Online compare- Basic Background.

BackgroundZerodhaAlice Blue Online
Incorporation Year20102008
Broker ServicesDiscount BrokerDiscount Broker
Contact Number080-40402020080 61575500 / 080 22174600
Exchanges AccessibleNSE, BSE, MCX-SX & MCXNSE, BSE, MCX, MCX-SX, NCDEX
Active Total Client8,00,000+ Clients35000+ Clients


Zerodha Vs Alice Blue Online compare – Small Reviews and Broker Inquiry form.

IntroductionZerodhaAlice Blue Online
Broker Reviews /OpinionZerodha is discount broker with Rs.20 per executed order brokerage plan. Customer care support is very good. They offers Lowest trade commissions and margin rates in the industry. Web Trading is easy to use and a great compliment to the New Pi desktop platform.Alice 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.
Broker Inquiry

Broker Ratings and Reviews

Zerodha Vs Alice Blue Online compare – Star ratings and reviews range of 1 to 5.

Broker Rating/ReviewsZerodhaAlice Blue Online
Opening Charges



Commissions & Fees



Trading Platforms & Tools



Order Execution



Fund Add/Withdraw



Customer Services



Overall Rating



Usable for Investors Category

Zerodha Vs Alice Blue Online compare – This stockbroker is useful for what kind of investor.

Useful for Type of InvestorsZerodhaAlice Blue Online
Day TradersYes, Available ✔Yes, Available ✔
Active Investor/TraderYes, Available ✔Yes, Available ✔
InvestorYes, Available ✔Yes, Available ✔

Account Opening Fees and AMC

Zerodha Vs Alice Blue Online compares – Comparison of two share broker for Trading Account, AMC etc.

Account Opening Fees and AMCZerodhaAlice Blue Online
Trading Account Opening ChargesRs. 300 – for Trading & DEMATEquity: Rs.310 and Commodity: Rs.120
Trading Annual Maintenance ChargesFreeFree
Demat Account Opening FeesRs. 300 – for Trading & DEMATFree
Demat Annual Maintenance ChargesRs.300 + 18% GST for individualsFree AMC for Lifetime
Commodity FeesRs. 200 – for commodity accountRs.200
Offer DP ServiceYes, Available ✔Yes, Available ✔

Available Trading Brokerage Plans

Zerodha Vs Alice Blue Online compare – What types of brokerage plans are available to this stock broker?

Available Brokerage PlansZerodhaAlice Blue Online
Monthly SubscriptionNot Available, ✖Not Available, ✖ (customized plans/ memberships. Available)
Yearly SubscriptionNot Available, ✖Not Available, ✖ (customized plans/ memberships. Available)
Multiple SubscriptionNot Available, ✖Not Available, ✖ (customized plans/ memberships. Available)

Trading Brokerage Charges

Zerodha Vs Alice Blue Online compare – A complete comparison of brokerage charges between shares brokers for all segments.

Brokerage ChargesZerodhaAlice Blue Online
Plan Subscription SummeryZerodha charges Only Rs.20 Per order for all segments and Rs.0 for Equity Delivery.AliceBlue Online charges only Rs.20 per executed order
Equity Intraday ChargesRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.
Equity Delivery ChargesFreeRs.20/executed order or 0.01% whichever is lower.
Equity Futures ChargesRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.
Equity Options ChargesRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.
Currency Futures ChargesRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.
Currency Options ChargesRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.
Commodity ChargesRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.
Minimum Brokerage Fees0.01% Minimum0.01% on Turnover value.
Any Hidden CostNo, ✖No, ✖
Call & Trade ChargesRs 20 + 18% GST per orderRs.20/executed order.

Available Margins / Leverage

Zerodha Vs Alice Blue Online compare – Full comparison of the Available margins for all segments.

Margins or LeverageZerodhaAlice Blue Online
Equity Margin IntradayNo Margin for Delivery.Category A Stocks: Up to 20 times, Category B Stocks Up to 10 times.
Equity Margin DeliveryUp to 12.5 times equity intraday margin.Upto 3 times on Equity Delivery.
Equity Margin FuturesUp to 2 times for future.Upto 5 times on equity futures intraday (MIS).
Equity Margin OptionsUp to 3 times for shorting options, No for buying options.Upto 5 times on option index selling and 3 times on option index buying. No leverage for other option buying.
Currency Margin FuturesUp to 2.5 times for Intraday margin. 100% for carry forward.Upto 10 times For Intraday and 1 time for carryforward.
Currency Margin OptionsUp to 2.5 times for intraday, 100% for carry forward.Upto 10 times For Intraday and 1 time for carryforward.
Commodity MarginUp to 2.5 times for intraday, 100% for carry forward.Upto 10 times For Intraday and 1 time for carryforward.

Transprarency and Transaction and other Goverment charges, Taxs

ZerZerodha Vs Alice Blue Online compare – Comparison of all goverment charges and Taxes.

Transparency & Other FeesZerodhaAlice Blue Online
Equity Day Trading0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.
Equity Delivery0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.
Equity Futures Trading0.0021% or Rs.210/per crore.0.0021% or Rs.210/per crore.
Equity Options Trading0.053% or Rs.5300/per crore.0.055% or Rs.5500/per crore.
Currency Futures Trading0.00135% or Rs.135/per crore.0.0011% or Rs.110/per crore.
Currency Options Trading0.044% or Rs.4400/per crore.0.044% or Rs.4400/per crore.
Commodities TradingAgri: Rs.275 per crore & Non-Agri: Rs.360 per crore.Agri: Rs.275 per crore & Non-Agri: Rs.360 per crore.
AMC ChargeFree for Trading AMC. Rs.300 PA for Demat AMCRs.0 AMC for Lifetime
DP Transaction FeesEquity Stock: Rs 13.5 per scrip charged on T+2 days(+18% GST), Mutual Funds: Rs 5.5 per scrip charged on the date of redemption(+18% GST)No in
Offline order placing ChargeRs. 20 per orderNo Information
Sebi ChargesRs.15/per cr.Rs.15/per cr.
GST18% on Brokerage + Transaction charges.18% on Brokerage + Transaction charges.
Stamp DutyAs per Clients state.As per Clients state.

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Available Trading Platform / Software

Zerodha Vs Alice Blue Online compare – All three trading platform names and URL path to download.

Trading Platforms / SoftwareZerodhaAlice Blue Online
Desktop Trading PlatformZerodha PiANT – Analyse and Trade
Mobile ApplicationKite by ZerodhaANT MOBI

Trading Platform Details

Zerodha Vs Alice Blue Online compare – Side-by-side comparison of trading platforms features.

Trading Platform DetailsZerodhaAlice Blue Online
Demo (Desktop) PlatformYes, AvailableNo Information
Windows Desktop platformYes, Available ✔Yes, Available ✔
MAC Desktop platformNo, ✖No, ✖
Web Trading
Web Trading Portals
Mobile SiteYes, Available ✔Yes, Available ✔
Mobile Trading AvailabilityYes, Available ✔Yes, Available ✔
Mobile Trading ApplicationKite zerodhaANT Mobi
Mobile App DemoYes, AvailableYes Available
Android / Ios Mobile AppYes, ✔ Both AvilableYes, ✔ Both Available

Charting Facility

Zerodha Vs Alice Blue Online compare – Charts, types of charts and more.

ChartingZerodhaAlice Blue Online
Intraday (Day Chart)Yes, Available ✔Yes, Available ✔
End of Day (Daily Chart)Yes, Available ✔Yes, Available ✔
Coding/BacktestingNot Available, ✖No Information


Zerodha Vs Alice Blue Online compararison – Profit and loss Statements, Trading details on register email id and trading contract notes.

ReportingZerodhaAlice Blue Online
Trade Online ReportsYes, Available ✔Yes, Available ✔
PNL Online ReportsYes, Available ✔Yes, Available ✔
Online Contract NotesYes, Available ✔Yes, Available ✔

Trading Support and Tools

Zerodha Vs Alice Blue Online compararison – Complete comparison between tools and other supported options.

Support & ToolsZerodhaAlice Blue Online
Research & TipsNo, ✖No, ✖
Brokerage CalculatorYes, Available ✔No, ✖
Span Margin CalculatorYes, Available ✔Yes, Available ✔
Trailing StoplossNo, ✖Yes, Available ✔Auto trailing SL
Training & EducationYes, ✔ Blogs, ArticlesYes, ✔ Blogs, Articles

Trading Features

Zerodha Vs Alice Blue Online compare – Before open account with any two share broker of this pls compare available features rather than buying and selling.

Useful Trading FeaturesZerodhaAlice Blue Online
3 in 1 Account (Bank+Trading+Demat)Yes, Available ✔ Link with IDFC bankNo, ✖
Instant Fund withdrawalNo, ✖(24 hours)No, ✖
Relationship Managers (RM)No, ✖No, ✖
ChartsYes, Available ✔Yes, Available ✔
Algo Trading / RobotNo, ✖No, ✖
Mobile SMS AlertsYes, Available ✔(Trade SMS ALERT : Rs.1 Per SMS)Yes, Available ✔
Online DemoYes, Available ✔No, ✖
Online Portfolio Yes, Available ✔No, ✖
Margin for Future TradingYes, Available ✔No, ✖
Combined Records for Equity & CommodityYes, Available ✔Yes, Available ✔
Intraday Timing3.20 PM3.15 PM
Can NRI TradeYes, Available ✔Yes, Available ✔
Extra FeaturesPivot Point Indiactor on ChartPivot Point Calculator

Services and Available Option Category

Zerodha Vs Alice Blue Online compare – Many share brokers offer investment option like banking, insurance etc.

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

Fund ADD / Fund Withdrawal Procedure

Zerodha Vs Alice Blue Online compares – Comparison of Fund pay-in & Payout available options, Timing and available banks.

Fund Add/Withdrawal ProcessZerodhaAlice Blue Online
Fund Pay In and Pay outAdd Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank TranferAdd Fund: Cheque, Online Bank Transfer using IMPS, NEFT or RTGS, UPI, Net-Banking and ATOM payment gateway,DD. Withdrawal fund: Bank Transfer.
Time for Payout24 hours (working days).24 hours (working days).
Linked BankNear about 22 bank available for fund credit and Rs.9 for per transaction.Near about 25 bank available for fund credit.

Trading Order Types

Zerodha Vs Alice Blue Online compare – A side-by-side comparison of differently operate available trading orders.

Trading Order TypesZerodhaAlice Blue Online
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 ✔Yes, Available ✔
Bracket OrderYes, Available ✔Yes, Available ✔with auto trailing SL
Buy Today Sell Tomorrow (BTST)Yes, Available ✔No Information
Sell Today Buy Tomorrow (STBT)Yes, Available ✔No Information
AMO -After Market OrderYes, Available ✔Yes, Available ✔
GTG-Good Till CancelledNo, ✖No, ✖

Customer Care Services and Numbers

Zerodha Vs Alice Blue Online compare – Customer care complete comparison.

Customer Care ServicesZerodhaAlice Blue Online
Customer Care Service 24/7No, ✖Yes, Available ✔
Email SupportYes, Available ✔Yes, Available ✔
Live Chat OnlineNo, ✖Yes, Available ✔
Phone SupportYes, Available ✔Yes, Available ✔
Toll-Free NumberNo, ✖No, ✖
Support by BranchYes, Available ✔Yes, Available ✔
Customer Care Contact Number91 8040402020080 61575500 / 080 22174600
Account Opening ProcedurePaperlessOnline
Customer Support
Complaints Support
Educational BlogYes, Available ✔Yes, Available ✔
Head Office Address#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore – 560078
85/2, 3rd Floor,
Royal Building,
Sathy Road,
Erode – 638003,
Tamil Nadu

Investment Advice/Tips/ Research & Reports

Zerodha Vs Alice Blue Online compare – Comparison of Advisory, Analysis reports, and Tips, research etc.

Investment Advice -Tips, Research & ReportsZerodhaAlice Blue Online
Equity ResearchNo, ✖No, ✖
Mutual Fund ResearchYes, Available ✔No, ✖
ETF ResearchNo, ✖No, ✖
Daily ReportNo, ✖Yes, Available ✔
Free Tips- AdvisoryNo, ✖No, ✖
Company Result AnalysisNo, ✖No, ✖
News & AlertsNo, ✖No, ✖

Advantages & Disadvantages

Zerodha Vs Alice Blue Online compare – Promotonal offers Pros and Cons share broker comparison

Advantages & DisadvantagesZerodhaAlice Blue Online
Pros / Likes1) Rs.0 for Equity Delivery.
2) Excellent Trading Platforms.
3) Customer care support is very good.
4) Easy account opening procedure.
5) Direct mutual fund investments.
1) Zero annual maintenance charges.
2) High leverage on trading products.
3) 20 times limit for bracket order
4) 20 times limit for bracket order Aliceblue provides E-Learning Kit for fundamental and technical research.
5) Advanced trading platform to build our own strategy.

Cons / Dislikes1) Rs.20 Extra for call n trade.
2) No stock advisory.
3) Online IPO Application not available.
1) No investment advisory or Tips.
2) Toll-free number not availale.
3) Rs.20 for call-n-trade.
4) Online IPO Application not available.
Promotion or offerFree equity delivery trading and only Rs.20 or 0.01 % whichever is lowest brokerage chargesLife time free Demat Account and only Rs.20 for per executed order.
Zerodha Vs Alice Blue Online Performance
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