Alice Blue vs Groww (Compare Alice Blue vs Groww)

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 Groww, Below comparison of Alice Blue vs Groww 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.

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

Alice Blue

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Groww

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	Alice Blue	Groww

About The Brokers	Alice Blue : >>> more	Groww : "Groww is one of India's fastest-growing platforms and undoubtedly the best platform for brokerage-free Direct mutual funds investment. They have a strong customer bas >>> more
Find More Information about the Broker :	Alice Blue : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Groww : OVERVIEW BROKERAGE PRODUCTS & SERVICES
Type of Broker	Alice Blue : Discount Broker	Groww : Discount Broker
Promo/offers	Alice Blue : N/A	Groww : Special Offer: Free Mutual fund/SIP investment + Flat ₹20 Equity delivery & Intra-day trades. Get the offer
Advantage	Alice Blue : NA	Groww : Free research services No DP charges on buy & low brokerage. Commission Free mutual fund investment Free Demat & Trading account, No charges on account opening Zero Clearing Charges Zero Demat AMC Charges Option to invest online in digital gold.
Disadvantage	Alice Blue : NA	Groww : No F&O Trading, Grow does not provide Options & Future Trading. Does not provide a 3in1 account facility. Does not provide commodity Trading Does not provide trading options: Bracket, GTT orders, etc does not provide Margin trading facilityc No Call and Trade services No Margin against shares Does not offer NRI Trading
Why This	Alice Blue : NA	Groww : Groww charge Rs.20 per executed order or 0.05% of order value (whichever is lower) for delivery trade. Equity intraday trade at Rs. 20 or 0.05% (whichever is lower) Groww provides mutual funds investment at Zero Fees, No transaction charges, 100% paperless online Demat account opening 128 bit SSL Encryption Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost No DP charges on buy. Highly rated Groww mobile App Facility to invest in US Stocks

Alice Blue vs Groww Account Opening & AMC Charges

Alice Blue Trading Account Opening Fee is 10 and Groww Trading Account Opening Fee is ₹0 (Free) . Alice Blue Demat Account AMC is ₹400 and Groww Demat Account AMC is ₹0 (Free) .

	Alice Blue	Groww
Trading Account Opening Fee	Trading Account Opening Fee : 10	Trading Account Opening Fee : ₹0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹0 (Free)
Demat Account AMC	Demat Account AMC : ₹400	Demat Account AMC : ₹0 (Free)
Trading Account AMC	Trading Account AMC : -	Trading Account AMC : ₹0 (Free)

Alice Blue vs Groww Brokerage Charges

Alice Blue Brokerage Charges Groww Brokerage Charges Equity Delivery is Rs.20 per executed order or 0.05% of order value and Equity Intraday is Rs.20 per executed order or 0.05% of order value and Equity Options is Trade Not Available .

	Alice Blue	Groww
Plan Name	-	Plan Name : Basic Plan
Equity Delivery	-	Equity Delivery : Rs.20 per executed order or 0.05% of order value
Equity Intraday	-	Equity Intraday : Rs.20 per executed order or 0.05% of order value
Equity Future	-	Equity Future : Trade Not Available
Equity Options	-	Equity Options : Trade Not Available
Currency Futures	-	Currency Futures : Trade Not Available
Currency Options	-	Currency Options : Trade Not Available
Monthly Fee	-	Monthly Fee : NA
Margin Trading	-	Margin Trading : NA
Commodity Futures	-	Commodity Futures : Trade Not Available
Commodity Options	-	Commodity Options : Trade Not Available

Alice Blue vs Groww Transaction Charges (Per Crore)

Alice Blue Transaction Charges (Per Crore) Equity Future is NSE ₹210 per Cr (0.0021%) | BSE ₹1 per trade (each side) and Equity Options is NSE ₹5300 per Cr (0.053%) | BSE ₹1 per trade (each side) . Groww Transaction Charges (Per Crore) Equity Future is NA and Equity Options is NA .

	Alice Blue	Groww
Equity Delivery	Equity Delivery : NSE ₹325 per Cr (0.00325%) \| BSE ₹1 per trade (each side)	Equity Delivery : NSE ₹325 per Cr \| BSE ₹300 per Cr
Equity Intraday	Equity Intraday : NSE ₹325 per Cr (0.00325%) \| BSE ₹1 per trade (each side)	Equity Intraday : NSE ₹325 per Cr \| BSE ₹300 per Cr
Equity Future *	Equity Future : NSE ₹210 per Cr (0.0021%) \| BSE ₹1 per trade (each side)	Equity Future : NA
Equity Options *	Equity Options : NSE ₹5300 per Cr (0.053%) \| BSE ₹1 per trade (each side)	Equity Options : NA
Currency Futures *	Currency Futures : NSE ₹135 per Cr (0.00135%)	Currency Futures : NA
Currency Options	Currency Options : NSE ₹4400 per Cr (0.044%) (on premium)	Currency Options : NA
Commodity	Commodity : Non-Agri ₹360 per Cr (0.0036%) \| Agri ₹275 per Cr (0.00275%)	Commodity : NA

Alice Blue vs Groww Other Charges

Alice Blue Minimum Brokerage is ₹0 and Call & Trade is ₹20 per executed order . Groww Minimum Brokerage is ₹20 or 0.05% per executed order and Call & Trade is NA .

	Alice Blue	Groww
Minimum Brokerage	Minimum Brokerage : ₹0	Minimum Brokerage : ₹20 or 0.05% per executed order
Call & Trade	Call & Trade : ₹20 per executed order	Call & Trade : NA
Stamp Duty *	Stamp Duty : -	Stamp Duty : Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : ₹8 + ₹5.50 (CDSL Charges) per ISIN
Other Miscellaneous Charges	Other Miscellaneous Charges :	Other Miscellaneous Charges : Physical Contract Note:₹20+Courier; ₹50Auto square

Alice Blue vs Groww Features

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

	Alice Blue	Groww
Trading Platform	Trading Platform : -	Trading Platform : Groww Web , Groww Mobile
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : No
Trading Alerts	Trading Alerts : -	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : 0	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : -	Detailed Education Initiatives : No
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : Single platform for stocks, MFs, Gold, IPOs, ETFs,
Referral Program	Referral Program : 0	Referral Program : No
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) :	Margin Against Shares (Equity Cash) : No
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) :	Margin Against Shares (Equity F&O) : No

Alice Blue vs Groww Demat Account Charges

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

	Alice Blue	Groww
Depository Service Provider	Depository Service Provider : -	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Equity ₹310 \| MCX ₹200 \| ₹500 All segments	Account Opening Fee : ₹0 (Free)
Advance Deposit	Advance Deposit : -	Advance Deposit : NIL
AMC	AMC : ₹0	AMC : ₹0 (Free)
Dematerialisation Charges	Dematerialisation Charges : -	Dematerialisation Charges : ₹150 per certificate + courier charges
Rematerialisation Charges	Rematerialisation Charges : -	Rematerialisation Charges : ₹150 per certificate + courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : NA
Transaction Charges (debit)	Transaction Charges (debit) : ₹9.5+ ₹5.5 (CDSL charges)	Transaction Charges (debit) : ₹8 + ₹5.50 (CDSL Charges) per ISIN
Pledge Creation Charges	Pledge Creation Charges : -	Pledge Creation Charges : ₹20 + ₹12 per request (CDSL Charges))
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : ₹20 + ₹12 per request (CDSL Charges))
Pledge Invocation Charges	Pledge Invocation Charges : -	Pledge Invocation Charges : ₹20
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : ₹50 per ISIN
Other Charges	Other Charges : -	Other Charges : KYC Modification Request : ₹50

Alice Blue vs Groww Basic Details

Alice Blue Year of Incorporation is and and Total Number of Branches is . Groww Year of Incorporation is 2016 and Total Number of Clients is 324906+ and .

	Alice Blue	Groww
Year of Incorporation	Year of Incorporation :	Year of Incorporation : 2016
Active Exchange Memberships	Active Exchange Memberships : -	Active Exchange Memberships : NSE and BSE
Demat Services	Demat Services : No	Demat Services : From CDSL
Website	Website : -	Website : https://groww.in/
Contact Details	Contact Details : -	Contact Details : -
Total Number of Clients	Total Number of Clients : -	Total Number of Clients : 324906+
Total Number of Branches	Total Number of Branches :	Total Number of Branches : -
Products *	Products : -	Products : GROWW MOBILE APP

Alice Blue vs Groww Charts and Data

Alice Blue and Groww both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

	Alice Blue	Groww
Live data source	Live data source : -	Live data source : -
Advanced Charting tools	Advanced Charting tools : -	Advanced Charting tools : -
Multi-Chart Setup	Multi-Chart Setup : -	Multi-Chart Setup : -
No.of indicators	No.of indicators : -	No.of indicators : -
No.of charts can be opened	No.of charts can be opened : -	No.of charts can be opened : -
Live Scanners	Live Scanners : -	Live Scanners : -
Customizable screeners	Customizable screeners : -	Customizable screeners : -
Trading from charts	Trading from charts : -	Trading from charts : -
Compare Symbol performance on Chart	Compare Symbol performance on Chart : -	Compare Symbol performance on Chart : -
Options charts	Options charts : -	Options charts : -
Continuous futures charts	Continuous futures charts : -	Continuous futures charts : -
Intraday historical data for charts	Intraday historical data for charts : -	Intraday historical data for charts : -
End of Day historical data for charts	End of Day historical data for charts : -	End of Day historical data for charts : -
Corporate action adjusted charts	Corporate action adjusted charts : -	Corporate action adjusted charts : -
Back Testing	Back Testing : -	Back Testing : -
Options Chain	Options Chain : -	Options Chain : -
Heat Maps	Heat Maps : -	Heat Maps : -
Analytics	Analytics : -	Analytics : -
Price Ladder	Price Ladder : -	Price Ladder : -

Alice Blue vs Groww Leverage

Leverage

	Alice Blue	Groww
Equity Delivery	Equity Delivery : Intraday: 20x \| Bracket Order: 20x \| Cover Order: NA \| CNC-Delivery: 3x	Equity Delivery : 1x (no margin)
Equity Intraday	Equity Intraday : Intraday: 20x \| Bracket Order: 20x \| Cover Order: NA \| CNC-Delivery: 3x	Equity Intraday : Up to 8x (based on the stock)
Equity Futures	Equity Futures : Intraday: 10x \| Bracket Order: 20x \| Cover Order: 20x \| CNC-Delivery: 1x	Equity Futures : NA
Equity Options	Equity Options : Intraday: Buy-3x Sell 10x \| Bracket Order: NA \| Cover Order: NA \| CNC-Delivery: 1x	Equity Options : NA
Currency Futures	Currency Futures : Intraday: 10x \| Bracket Order: 20x \| Cover Order: 20x \| CNC-Delivery: 1x	Currency Futures : NA
Currency Options	Currency Options : Intraday: Buy-3x Sell 10x \| Bracket Order: NA \| Cover Order: NA \| CNC-Delivery: 1x	Currency Options : NA
Commodity Futures	Commodity Futures : Intraday: 10x \| Bracket Order: 20x \| Cover Order: 20x \| CNC-Delivery: 1x	Commodity Futures : NA
Commodity Options	Commodity Options :	Commodity Options : NA

Alice Blue vs Groww Orders

Orders

	Alice Blue	Groww
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : NO
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : NO
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : No
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) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : No

Alice Blue vs Groww Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Alice Blue	Groww
Equity Trading Recommendation *	Equity Trading Recommendation : -	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : -	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : -	Recommendation basis risk Profile : No
Comparison *	Comparison : -	Comparison : No
Free Tips *	Free Tips : -	Free Tips : No
Daily Market report *	Daily Market report : -	Daily Market report : No
ETF research *	ETF research : -	ETF research : No
Quarterly Results *	Quarterly Results : -	Quarterly Results : No

Alice Blue vs Groww Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Alice Blue	Groww
Availability for franchisee / AP	Availability for franchisee / AP : -	Availability for franchisee / AP : NA
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : NA

Alice Blue vs Groww Product & Services

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

Alice Blue vs Groww Customer Services

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

Alice Blue vs Groww Other Investement

Alice Blue and Groww 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	Groww
Commodity Trading *	Commodity Trading : -	Commodity Trading : No
Investment in ETFs *	Investment in ETFs : -	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : -	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : -	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : -	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : -	Insurance Services : No
Banking Services *	Banking Services : -	Banking Services : No

Alice Blue vs Groww Trading PlatForm

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

Alice Blue vs Groww Company Information

	Alice Blue	Groww
Financials *	Financials : -	Financials : No
News *	News :	News : No
Company Analysis *	Company Analysis : -	Company Analysis : No
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