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Alice Blue vs IIFL (Compare Alice Blue and IIFL)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Alice Blue vs IIFL, Below comparison of Alice Blue vs IIFL highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Alice Blue vs IIFL is given below:

Alice Blue

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IIFL

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	Alice Blue	IIFL

About The Brokers	Alice Blue : "Started in 2006, Alice Blue provides Stock & Commodity trading at the lowest brokerage fee and has a network of 17 branches located in major cities along with more th >>> more	IIFL : "IIFL is the renowned stockbroker who provides various financial products to its customers at nominal brokerage. They have an excellent online presence and protect you >>> more
Find More Information about the Broker :	Alice Blue : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	IIFL : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Alice Blue : Discount Broker	IIFL : Full Service Broker
Promo/offers	Alice Blue : Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.	IIFL : Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
Advantage	Alice Blue : Free Delivery Trade Lowest Brokerage charges on Intrady & F&O at Rs 15 Per Trade. commission Free mutual fund investment Free Trading & Demate account opening Instant digital account opening No minimum brokerage. No minimum commitment. No Prepaid Plans. ANT Trading Software is available for free to all its customers. The daily market report is available for free to all customers. Free API for Algo trading. Up to 10 times exposure on Equity via Bracket Order..	IIFL : Offer online IPO and Equity SIP 1900+ branches all over India & have a global presence Trading facility to NRIs is provided Provide multiple broking plans IIFL Trade terminal is one of the best trading terminal in India Offer Commodity Trading & Investment facility in Mutual funds & IPO
Disadvantage	Alice Blue : Does not provide a 3in1 account facility. Does not provide trading options: GTC (Good Till Cancelled) & GTT orders Do not Offer NRI Trading 3rd party trading tools are not free and charge a subscription fee. Online IPO, NCD, and Corporate bonds are not available. Broker-assisted trades (Call & Trade) are available at an extra Rs 20 per executed order.	IIFL : Scope improvement is there in customer support. Provides only 2-in-1 account facility Less transparency in brokerage plans High brokerage. Minimum Brokerage charges
Why This	Alice Blue : Free Delivery Trade, Alice Blue does not charge any brokerage on Delivery trade. They offer Equity intraday trade at ₹15 or 0.01% (whichever is lower) Alice Blue provides mutual funds investment at Zero Commission, No transaction charges, 100% paperless online Demat account opening Advanced Trading Tools- ANT Meta and , ANT Scanner. and other 3rd party tools. Free trading software's to all its customers. Trade School an online resource for learning investment concepts and trading skills. Experience trust of over 20 years as a full-service broker. Advanced charts and other options like cover order,bracket order and Aftermarket order (AMO) are available Provides Brokerage & Margin Calculator	IIFL : Full-service broker who provide 2-in-1 On-line trading account to Indian as well as NRIs present all over the world. Provide IPO service and equity SIP also Amongst top 10 stock brokers in India Best rated mobile Trading Platforms with >1.9m download. Have branches all over India. Approx 1900+ Branches They provide multiple brokerage plans All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O Offer NRI Trading.
	Open Account	Open Account

Alice Blue vs IIFL Account Opening & AMC Charges

Alice Blue Trading Account Opening Fee is Rs 150 and IIFL Trading Account Opening Fee is Rs 0 (Free) . Alice Blue Demat Account AMC is Rs 400 and IIFL Demat Account AMC is Rs 250 (Free for 1st year) .

	Alice Blue	IIFL
Trading Account Opening Fee	Trading Account Opening Fee : Rs 150	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0	Demat Account Opening Fee : Rs 0
Demat Account AMC	Demat Account AMC : Rs 400	Demat Account AMC : Rs 250 (Free for 1st year)
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : Rs 0
	Open Account	Open Account

Alice Blue vs IIFL Brokerage Charges

Alice Blue Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 15 per order or 0.05% whichever is lower and Equity Options is Rs 15 per order . IIFL Brokerage Charges Equity Delivery is Rs 20 per order and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order .

	Alice Blue	IIFL
Plan Name	Plan Name : Freedom Plan (F15)	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : Rs 0 (Free)	Equity Delivery : Rs 20 per order
Equity Intraday	Equity Intraday : Rs 15 per order or 0.05% whichever is lower	Equity Intraday : Rs 20 per order
Equity Future	Equity Future : Rs 15 per order or 0.05% whichever is lower	Equity Future : Rs 20 per order
Equity Options	Equity Options : Rs 15 per order	Equity Options : Rs 20 per order
Currency Futures	Currency Futures : Rs 15 per order or 0.05% whichever is lower	Currency Futures : Rs 20 per order
Currency Options	Currency Options : Rs 15 per order	Currency Options : Rs 20 per order
Monthly Fee	Monthly Fee : -	Monthly Fee : NA
Margin Trading	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : Rs 15 per order or 0.05% whichever is lower	Commodity Futures : Rs 20 per order
Commodity Options	Commodity Options : Rs 15 per order	Commodity Options : Rs 20 per order
	Open Account	Open Account

Alice Blue vs IIFL Exchange Transaction Charges

Alice Blue Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . IIFL Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) .

	Alice Blue	IIFL
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : Non-Agri Rs 360 per Cr (0.0036%) \| Agri Rs 275 per Cr (0.00275%)	Commodity : Group A - Rs 280 per Cr (0.0028%)
	Open Account	Open Account

Alice Blue vs IIFL Other Charges

Alice Blue Minimum Brokerage is Rs 0 and Call & Trade is Rs 20 per executed order . IIFL and Call & Trade is Rs 50 per call .

	Alice Blue	IIFL
Minimum Brokerage	Minimum Brokerage : Rs 0	Minimum Brokerage : -
Call & Trade	Call & Trade : Rs 20 per executed order	Call & Trade : Rs 50 per call
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : ₹15 per transaction	DP Charges (on sell side) : 0.04% (minimum ₹25 per debit transaction)
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Advisory SMS - Rs 50 per month
	Open Account	Open Account

Alice Blue vs IIFL Features

Alice Blue and IIFL both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Alice Blue	IIFL
Trading Platform	Trading Platform : Front End: ANT \| Back End: Omnesys NEST	Trading Platform : IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App
Placing orders through charts	Placing orders through charts : Yes	Placing orders through charts : No
Trading Alerts	Trading Alerts : Yes	Trading Alerts : No
Research and Advice / Trading Tips	Research and Advice / Trading Tips : No	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : 1	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : No	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : No
	Open Account	Open Account

Alice Blue vs IIFL Demat Account Charges

A comparative table of various demat account charges between Alice Blue and IIFL is below:

	Alice Blue	IIFL
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : â‚¹0	Account Opening Fee : â‚¹0 (free)
Advance Deposit	Advance Deposit : â‚¹0	Advance Deposit : â‚¹0
AMC	AMC : â‚¹400 per year	AMC : â‚¹250 (free for 1st year)
Dematerialisation Charges	Dematerialisation Charges : â‚¹10 per certificate + â‚¹50 per request	Dematerialisation Charges : â‚¹15 per certificate
Rematerialisation Charges	Rematerialisation Charges : â‚¹30 per request + CDSL Fee + â‚¹10 per 100 securities	Rematerialisation Charges : â‚¹15 per certificate
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : 0.04% of the value of the transaction (minimum â‚¹20)	Transaction Charges (debit) : â‚¹25 per debit transaction
Pledge Creation Charges	Pledge Creation Charges : 0.04% of the value of the transaction (minimum â‚¹40)	Pledge Creation Charges : â‚¹10
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : â‚¹0	Pledge Creation Confirmation Charges : â‚¹0
Pledge Invocation Charges	Pledge Invocation Charges : 0.04% of the value of the transaction (minimum â‚¹40)	Pledge Invocation Charges : â‚¹15
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : -
Other Charges	Other Charges : Power of Attorney (PoA): â‚¹150 Courier Charges: â‚¹100 per request Additional DIS Booklet: â‚¹100 per booklet	Other Charges : Conversion of MF units: â‚¹0, Reconversion of MF units: â‚¹0, Courier Charges: â‚¹100 per request
	Open Account	Open Account

Alice Blue vs IIFL Basic Details

Alice Blue and Total Number of Clients is 163460 and . IIFL Year of Incorporation is 1996 and Total Number of Clients is 437829 and Total Number of Branches is 900 .

	Alice Blue	IIFL
Year of Incorporation	Year of Incorporation : -	Year of Incorporation : 1996
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : NSE, BSE, MCX, and NCDEX
Demat Services	Demat Services : No	Demat Services : Yes
Website	Website : www.aliceblueonline.com	Website : https://www.indiainfoline.com
Contact Details	Contact Details : 080-61575500\|080-45490850	Contact Details : 022-400710000
Total Number of Clients	Total Number of Clients : 163,460	Total Number of Clients : 437,829
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 900
Products *	Products : Mutual Fund, Equity, Currency & Commodity	Products : Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution, currency and commodity broking
	Open Account	Open Account

Alice Blue vs IIFL Orders

Orders

	Alice Blue	IIFL
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : Yes	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : Yes
	Open Account	Open Account

Alice Blue vs IIFL Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Alice Blue	IIFL
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : Yes
Comparison *	Comparison : No	Comparison : Yes
Free Tips *	Free Tips : No	Free Tips : Yes
Daily Market report *	Daily Market report : Yes	Daily Market report : Yes
ETF research *	ETF research : No	ETF research : Yes
Quarterly Results *	Quarterly Results : No	Quarterly Results : Yes
	Open Account	Open Account

Alice Blue vs IIFL Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Alice Blue	IIFL
Availability for franchisee / AP	Availability for franchisee / AP : -	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : Rs.75,000 to Rs.2,00,000
	Open Account	Open Account

Alice Blue vs IIFL Product & Services

Alice Blue and IIFL both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Alice Blue	IIFL
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : No	Margin Trading : Yes
Call N Trade *	Call N Trade : Yes	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : -	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : No	NRI Services : Yes
SMS Alerts *	SMS Alerts : No	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : No	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : No	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : Yes	Aumtomated Trading : No
	Open Account	Open Account

Alice Blue vs IIFL Customer Services

Alice Blue and IIFL both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Alice Blue	IIFL
Toll Free Number *	Toll Free Number : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : No
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : Yes	Branch Offices : Yes
Customer Care *	Customer Care : No	Customer Care : Yes
Community Service *	Community Service : No	Community Service : Yes
Relationship Manager *	Relationship Manager : No	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : No
	Open Account	Open Account

Alice Blue vs IIFL Other Investement

Alice Blue and IIFL both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Alice Blue	IIFL
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : No	Investment in Bonds : Yes
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : Yes
Insurance Services *	Insurance Services : No	Insurance Services : Yes
Banking Services *	Banking Services : No	Banking Services : No
	Open Account	Open Account

Alice Blue vs IIFL Trading Platform

Alice Blue and IIFL both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Alice Blue	IIFL
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : Yes	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
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	Open Account	Open Account

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Alice Blue

IIFL

	Alice Blue	IIFL
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : Non-Agri Rs 360 per Cr (0.0036%) \| Agri Rs 275 per Cr (0.00275%)	Commodity : Group A - Rs 280 per Cr (0.0028%)
	Open Account	Open Account

Alice Blue vs IIFL (Compare Alice Blue and IIFL)

One on One comparison of Alice Blue vs IIFL is given below:

Alice Blue

IIFL

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Alice Blue vs IIFL Account Opening & AMC Charges

Alice Blue vs IIFL Brokerage Charges

Alice Blue vs IIFL Exchange Transaction Charges

Alice Blue vs IIFL Other Charges

Alice Blue vs IIFL Features

Alice Blue vs IIFL Demat Account Charges

Alice Blue vs IIFL Basic Details

Alice Blue vs IIFL Orders

Alice Blue vs IIFL Research and Advice / Trading Tips

Alice Blue vs IIFL Franchisee / Authorized Person related information

Alice Blue vs IIFL Product & Services

Alice Blue vs IIFL Customer Services

Alice Blue vs IIFL Other Investement

Alice Blue vs IIFL Trading Platform

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