Saturday, November 26, 2022

AliceBlue

Alice Blue is a wll known discount broker of India. They provides their services through trading platforms on BSE and NSE.

Product Basket

The segments in which you can invest through this broker

 Equity

Options

 Currency

Futures

 Commodity

Trading Platforms

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, Full Platform Details.

ANT Web

ANT Mobile

ANT Desk

Alice Blue Mutual Fund

Charges

Account Opening Charges – Free

Account Maintenance Charges – ₹400

Call and Trade – ₹20

Brokerage Charges

Equity Delivery  – Zero

Equity Intraday – 0.01%

Equity Futures – 0.01%

Equity Options – ₹15

Currency Futures – 0.01%

Currency Options – ₹15

Commodity Futures – 0.01%

Commodity Options – ₹15

Margins

Equity Delivery  – 1x

Equity Intraday – 5x

Equity Futures – 1x

Equity Options – 1x

Currency Futures – 1x

Currency Options – 1x

Commodity Futures – 1x

Commodity Options – 1x

Pros

  • Alice Blue provides Free equity delivery brokerage with their Freedom Plan (F20)
  • Alice Blue provides free daily market reports.
  • Alice Blue trading platform is backed by ANT
  • Alice Blue provides access to large sale third party trading tools and services
  • Broker also provide risk and order management services through NEST

Cons

  • Broker does not provides NCD and Corporate Bonds
  • Call and Trade facility is available at extra ₹20 per order
  • Presence of third party offers make Alice Blue site cluttered
  • Alice Blue are fail to provide quality assistance

Additional Features

Extra features provided by the broker at little or no extra cost.

 3 in 1 Account

 Free Trading Call

 Fee Research Report

SMS Alerts

 Margin Funding

Margin Against Share

More Investment Options

Services provided by the broker for investing in other financial assets.

 Mutual Funds

 IPO

 Bond and Debt Assets

ETFs

Insurance