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Zero brokerage on equity delivery trades

India’s leading discount broker.
aliceblue broking account opening charges are FREE

Aliceblue broking Account Opening Charges

Trading Account Opening Charges Rs. Zero
Demat account Opening Charges Rs. Zero

Aliceblue broking Brokerage Charges

Trading Segment Brokerage Charges
Equity Delivery Rs 0 (Zero)
Equity Intraday Rs. 15 per order
Equity Future Rs. 15 per order
Equity Options Rs. 15 per order
Currency Futures Rs. 15 per order
Currency Options Rs. 15 per order
Commodity Rs. 15 per order

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Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker. offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL.

AliceBlue offers one simple brokerage plans, Freedom 15 (F15)to its customers. The flat fee brokerage plan F15 minimizes the brokerage fee so that customers incur the lowest cost while trading. It is a discount brokerage plan which offers free equity delivery trades. The customer doesn't pay any brokerage fee for trade in this segment. For all other segments, Alice Blue charge flat Rs 15 per executed order or 0.01% whichever is lower.

Alice Blue Financial Services has a network of 17 branches located in major cities across India. These branches offer personalized broker service to customers. It also has 1000+ Partners across India.

Alice Blue provides online share trading platforms to its customers. ANT (Analyse and Trade) is the trading platform offered by Alice Blue. It is built by TradeLab and uses Omnesys NEST as a backend. The platform is available in mobile, desktop and web versions. ANT Meta and ANT Scanner are trading software offered by the company for trade analysis.

The discount broker also offers access to proprietary and 3rd party online trading tools to help its customers deeply analyze their trades and make informed trading decisions. Customers can get access to these paid tools and apps on the 'Trade Store'. Major trading tools available on the Trade Store are

AliceBlue Trading Tools

Software Name Description Pricing
Advisorymandi A share market app where customers can compare, select, and follow top market experts and get trading advice from them. Rs 499
Alice Algo Web and app-based Algo Trading tool Subscription Based
ANT IQ A platform to build your own trading strategy using Fibonacci, indicators, and patterns. Lifetime Free
Alice Blue Mutual Funds An online platform to buy mutual funds directly at zero brokerage and fee. Zero for Aliceblue Clients only
Sensibull An Options Strategy Builder & Trading platform. Lite: Rs 600 pm
Pro: Rs 950 pm
Smallcase Offers pre-built portfolios created around a trading theme or idea Rs 100 smallcase (Buy)
TickerTape A tool to discover and analyze stocks. Free

Alice Blue also offers its customers access to Trade School, an online resource for learning investment concepts and trading skills.

Alice Blue Financial Services USP (Unique Sales Proposition)

Following are unique selling points of Alice Blue Financial Services:

  • Experience trust of over 20 years as a full-service broker.
  • ANT A flagship trading platform built for analysis and trading.
  • Discount brokerage plan Freedom 15 A simple, low-cost and flat-fee brokerage plan.
  • Equity Delivery brokerage is free. No broker fee for cash & carry trades.
  • Pay 0.01% or Rs 15 whichever is less brokerage for all other segments at BSE, NSE, and MCX.
  • Free trading software'sto all its customers.
  • Advanced Trading Tools- ANT Meta and , ANT Scanner. and other 3rd party tools.
  • Trade School an online resource for learning investment concepts and trading skills.

Account Types

Alice Blue offers 2 types of accounts to target different customer needs. The account types and available key features are described below:

Alice Blue Account Types

Account Type Local Branch Support? Call & Trade (Free) Online/Mobile trading application?
Online account No Yes Yes
Offline account Yes Yes Yes

Alice Blue Charges 2021

AliceBlue Account Opening Fees & Annual maintenance charges (AMC)
Trading Account Opening Charges (One Time)
  • Equity Trading + Demat Account: Rs 310
  • MCX (Lifetime trading account): Rs 200
  • Rs 500 All segments
Trading Annual maintenance charges (AMC) Rs 0
Demat Account Opening Charges (One Time) Rs 0
Demat Account Annual Maintenance Charges (AMC) Rs 400

Alice Blue Brokerage & Fees- Freedom Plans (F15)

Equity Delivery Brokerage Rs 0 (free)
Equity Intraday Brokerage Rs 15 per order or 0.01% whichever is lower
Equity Future Brokerage Rs 15 per order or 0.01% whichever is lower
Equity Option Brokerage Rs 15 per order
Currency Future Brokerage Rs 15 per order or 0.01% whichever is lower
Currency Option Brokerage Rs 10 per order
Commodity Future Brokerage Rs 15 per order or 0.01% whichever is lower
Commodity Option Brokerage Rs 15 per order

Alice Blue Brokerage Fee Explained

Equity Delivery & Intraday

Alice Blue Charges Equity Delivery Equity Intraday
Securities Transaction Tax (STT) 0.1% on both Buy and Sell 0.025% on the Sell Side
Transaction / Turnover Charges NSE Rs 325 per crore | BSE Rs 325 per crore NSE Rs 325 per crore | BSE Rs 325 per crore
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges Rs 5/Crore Rs 5/Crore
Stamp Charges* State wise State wise

Equity F&O Brokerage

Alice Blue F&O Brokerage Futures Options
Securities Transaction Tax (STT) 0.01% on Sell Side 0.05% on Sell Side(on Premium)
Transaction / Turnover Charges NSE Rs 190 per crore | BSE Rs 190 per crore NSE Rs 5000 per crore | BSE Rs 5000 per crore
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges Rs 5/Crore Rs 5/Crore
Stamp Charges* State wise State wise

Currency F&O and Commodity Brokerage

Alice Blue Charges Currency Futures Currency Options Commodity
Securities Transaction Tax (STT) No STT No STT 0.01% on Sell Side (Non-Agri)
Transaction / Turnover Charges BSE Rs 200 per crore BSE Rs 2000 (on premium) per crore (0.02%) Non-Agri Rs 260 (0.0026%) | Agri Rs 260 per Crore
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges Rs 5/Crore Rs 5/Crore Rs 5/Crore
Stamp Charges* State wise State wise State wise

AliceBlue Fee Structure Explained:

  • Brokerage : The fee charged by broker for trading services offered.
  • Securities Transaction Tax (STT) : This government tax is charged only on the sell side for intraday and F&O trades. It is charged on both sides for Delivery trades in Equity.
  • Exchange Transaction or Turnover Charges: This is the fee charged by the exchange. I some cases it also include professional clearing charges.
  • Goods and Services Tax (GST): This tax is charged at 18% of the brokerage fee plus transaction charges.
  • SEBI Charges : This tax by SEBI is charged at flat Rs 5 per Crore.
  • Stamp Duty : This government tax is charged based on the state where customer lives.

Other Charges (Alice Hidden Fees):

  1. Call & Trade charges: additional Rs.20 per executed order.
  2. DP charges for delivery based equity selling - Rs 15 per transaction.
  3. Standard NSE charges, transaction charges and statutory levies are charged.

Demat Account Charges:

Alice Blue is a DP service provider of CDSL. It offers Demat Account and its related services to customers.

AliceBlue Demat Charges (Regular Demat Account)

ID Transaction Charges
1 Demat Account Opening Charges zero
2 PoA Stamp Charges payable upfront (included with account opening charges) Rs 150
3 Annual Maintenance Charges (AMC):
a. Individuals Rs 400
b. Corporates Rs 400
4 Transaction Charges per ISIN (Market Trades):
a. Buy (Receive) zero
b. Sell(Debit) Rs 15 flat for every debit transaction
5 Inter Depository Transfer (Off-Market Trades):
a. Buy (Receive) NIL
b. Sell(Debit) 0.04% or Rs 25 whichever is higher
6 Demat (Per certificate) Rs 10 per certificate + Rs 50 per request
7 Remat (Per ISIN) Rs 30 (Per certificate) + CDSL Charges
8 Courier charges per Demat/ Remat request Rs 100
9 Pledge per ISIN Rs 20 + Rs 12 per request (CDSL Charges)
10 Unpledge per ISIN Rs 20 + Rs 12 per request (CDSL Charges)
11 Pledge Invocation per ISIN Rs 20
12 Periodic Statement:
a. By Email Free
b. Physical Rs 0 per request
13 Adhoc / Non-Periodic Statement Requests:
a. By Email Rs 0 per request
b. Physical Rs 0 per request
14 Delivery Instructions:
a. First Delivery Instruction Book Rs 100 (10 leaves)
b. Every Additional Booklet Rs 100 (10 leaves)
15 Cheque Bounce/ Per cheque Rs 500
16 Failed Transactions Rs 50 per ISIN
17 Modification in CML Rs 0 Per request
18 KRA Upload / Download Rs 0 Per request

Alice Blue Minimum Brokerage Fee

Alice Blue charges a brokerage of flat Rs 15 per trade or 0.01% whichever is lower.

They don't charge any minimum brokerage fee. This is an advantage for traders who trade in small quantity or in penny stocks.

Note: The equity delivery trades (Cash & Carry) on Freedom (F15) plan is totally brokerage free. The customer pays only government taxes for these trades.

Alice Blue Demat Minimum Charges

S/N Service Fees Minimum Fees
1 Equity Debit Transaction (Market Order) 0.04% of the value of the transaction Rs 20
2 Equity Debit Transaction (Off Market Order) 0.04% of the value of the transaction Rs 40
3 Debt Debit Transaction (Market Order) 0.04% of the value of the transaction (max 5000) Rs 40
4 Debt Debit Transaction (Off Market Order) 0.04% of the value of the transaction (max 5000) Rs 40

Alice Blue Online Account Opening

AliceBlue offers a trading and a demat account (2-in-1 account) to trade at BSE, NSE, and MCX. The company offers an account opening in 3 convenient ways:

  1. Instant Account Opening (Online eKYC and Aadhar eSign)

    Instant trading and demat account opening are available if you are eKYC complaint and your Aadhar number is linked to your correct phone number. This is the paperless way to open an account. No need to print, sign 1and send forms to the broker.

  2. Visit Alice Blue Branch

    Alice Blue has over 15 branch offices located across India. You could visit any of these branches to open an account with them.

  3. Request account opening form

    You could also request the account opening forms from the customer service. The account opening form is couriered to you. You could fill the form and send it to the given address.

The equity trading, commodity trading, and demat accounts are opened within 24 hours from when the broker receives the complete and correct forms.

Alice Blue Trading Software (Alice Blue Trading Platforms)

Alice Blue offers an online trading platform to its online customers for free. The trading platform includes a trading terminal for active traders, a website for casual traders and a mobile app for on-the-go traders.

ANT (Analysis and Trade)

ANT is the flagship trading platform offered by Alice Blue. It uses the latest technologies to help traders make informed decision while trading.

ANT is a rebranded Trading Platform build by TradeLab. The software is also used by other popular brokers like Zerodha, Religare, SASOnline, Trustline, Adroit etc. Tradelab offers cutting-edge technology platform since 2014.

Key features of ANT include a personal trading assistance to provide you with customized strategies, faster execution of trades, advanced charts with years of data, intelligent alerts and more.

ANT uses the OMNESYS NEST suite of products in the backend. This includes Omnesys API's, Risk Management System (RMS) and Order Management System (OMS). Omnesys offer the most stable and powerful backend for the trading application used by over 200 top brokers in India.

AliceBlue ANT Online Trading Software

Platform Type Description
ANT Desk Trading Terminal ANT Desk is also an installable trading terminal. It is designed for the fast, secure and flexible way to trade. This app is loaded with professional-grade tools.
ANT Web Website Web (browser) based trading platform with streaming quotes and rich user experience. It works with all devices with a web browser. It's a light-weight online trading app. It also includes ANT Scanner, a tool to filter stocks based on given criteria.
ANT Mobi Android and iOS App Android and Apple iOS mobile trading app for on-the-go traders. The trading app is loaded with rich features like the trade from the charts, trading across segment and exchanges, reports and fund transfer features. It also includes ANT Scanner, a tool to filter stocks based on given criteria.
BOT - Back office Transformation Website A back office software that helps customers track your day to day transactions.

All the above trading software's are available for free of charges to all customers.