Alice Blue vs ICICI Direct (Compare Alice Blue and ICICI Direct)
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 ICICI Direct, Below comparison of Alice Blue vs ICICI Direct 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 ICICI Direct is given below:
Alice Blue |
ICICI Direct |
Alice Blue | ICICI Direct |
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About The Brokers |
Alice Blue : |
ICICI Direct : |
Find More Information about the Broker : |
Alice Blue :OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING |
ICICI Direct :OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING |
Type of Broker |
Alice Blue : |
ICICI Direct : |
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.
|
ICICI Direct :Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
|
Advantage |
Alice Blue :
|
ICICI Direct :
|
Disadvantage |
Alice Blue :
|
ICICI Direct :
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Why This |
Alice Blue :
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ICICI Direct :
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Open Account | Open Account |
Alice Blue vs ICICI Direct Account Opening & AMC Charges
Alice Blue Trading Account Opening Fee is Rs 150 and ICICI Direct Trading Account Opening Fee is Rs 0 (Free) . Alice Blue Demat Account AMC is Rs 400 and ICICI Direct Demat Account AMC is Rs 300 (from 2nd year) .
Alice Blue | ICICI Direct | |
---|---|---|
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 (Free) |
Demat Account AMC |
Demat Account AMC
:
Rs 400 |
Demat Account AMC
:
Rs 300 (from 2nd year) |
Trading Account AMC |
Trading Account AMC
:
Rs 0 |
Trading Account AMC
:
Rs 0 (Free) |
Open Account | Open Account |
Alice Blue vs ICICI Direct 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 . ICICI Direct Brokerage Charges Equity Delivery is 0.55% and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order .
Alice Blue | ICICI Direct | ||
---|---|---|---|
Plan Name |
Plan Name :
Freedom Plan (F15) |
Plan Name :
I-Secure Plan |
Plan Name :
ICICIDirect Neo Plan |
Equity Delivery |
Equity Delivery
:
Rs 0 (Free) |
Equity Delivery
:
0.55% |
Equity Delivery
:
0.55% |
Equity Intraday |
Equity Intraday
:
Rs 15 per order or 0.05% whichever is lower |
Equity Intraday
:
Rs 20 per order |
Equity Intraday
:
0.275% |
Equity Future |
Equity Future
:
Rs 15 per order or 0.05% whichever is lower |
Equity Future
:
Rs 0 (Free) |
Equity Future
:
0.05% |
Equity Options |
Equity Options
:
Rs 15 per order |
Equity Options
:
Rs 20 per order |
Equity Options
:
Rs 95 per lot |
Currency Futures |
Currency Futures
:
Rs 15 per order or 0.05% whichever is lower |
Currency Futures
:
Rs 20 per order |
Currency Futures
:
Rs 20 per order |
Currency Options |
Currency Options
:
Rs 15 per order |
Currency Options
:
Rs 20 per order |
Currency Options
:
Rs 20 per order |
Monthly Fee | Monthly Fee : - |
Monthly Fee
:
NA |
Monthly Fee
:
NA |
Margin Trading | Margin Trading : - |
Margin Trading
:
0.05% - 0.03% |
Margin Trading
:
0.05% - 0.03% |
Commodity Futures |
Commodity Futures
:
Rs 15 per order or 0.05% whichever is lower |
Commodity Futures
:
Rs 20 per order |
Commodity Futures
:
Rs 20 per order |
Commodity Options |
Commodity Options
:
Rs 15 per order |
Commodity Options
:
Rs 20 per order |
Commodity Options
:
Rs 20 per order |
Open Account | Open Account |
Alice Blue vs ICICI Direct 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) . ICICI Direct 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 | ICICI Direct | |
---|---|---|
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 260 per Cr (0.0026%) |
Open Account | Open Account |
Alice Blue vs ICICI Direct Other Charges
Alice Blue Minimum Brokerage is Rs 0 and Call & Trade is Rs 20 per executed order . ICICI Direct Minimum Brokerage is Rs 35 per trade (I-Secure Plan) and Call & Trade is Rs 50 per trade .
Alice Blue | ICICI Direct | |
---|---|---|
Minimum Brokerage |
Minimum Brokerage
:
Rs 0 |
Minimum Brokerage
:
Rs 35 per trade (I-Secure Plan) |
Call & Trade |
Call & Trade
:
Rs 20 per executed order |
Call & Trade
:
Rs 50 per trade |
Stamp Duty * | Stamp Duty : - | Stamp Duty : - |
DP Charges (on sell side) |
DP Charges (on sell side)
:
₹15 per transaction |
DP Charges (on sell side) : - |
Other Miscellaneous Charges | Other Miscellaneous Charges : - |
Other Miscellaneous Charges
:
Margin Trading Interest: 0.025% Per day |
Open Account | Open Account |
Alice Blue vs ICICI Direct Features
Alice Blue and ICICI Direct both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:
Alice Blue | ICICI Direct | |
---|---|---|
Trading Platform |
Trading Platform
:
Front End: ANT | Back End: Omnesys NEST |
Trading Platform
:
ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App |
Placing orders through charts |
Placing orders through charts
:
Yes |
Placing orders through charts : - |
Trading Alerts |
Trading Alerts
:
Yes |
Trading Alerts : - |
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 : - |
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)
:
Yes |
Open Account | Open Account |
Alice Blue vs ICICI Direct Demat Account Charges
A comparative table of various demat account charges between Alice Blue and ICICI Direct is below:
Alice Blue | ICICI Direct | |
---|---|---|
Depository Service Provider |
Depository Service Provider
:
CDSL |
Depository Service Provider
:
NSDL |
Account Opening Fee |
Account Opening Fee
:
₹0 |
Account Opening Fee
:
Stamp Duty at actuals |
Advance Deposit |
Advance Deposit
:
₹0 |
Advance Deposit
:
₹0 for ICICI Bank customers. ₹7500 for Non ICICI BANK customers. |
AMC |
AMC
:
₹400 per year |
AMC
:
For Individual account: ₹700 p.a. For Corporate account: ₹1500 p.a. |
Dematerialisation Charges |
Dematerialisation Charges
:
₹10 per certificate + ₹50 per request |
Dematerialisation Charges
:
₹50 Per Demat Request Form and ₹10 For Each Certificates |
Rematerialisation Charges |
Rematerialisation Charges
:
₹30 per request + CDSL Fee + ₹10 per 100 securities |
Rematerialisation Charges
:
₹25 + CDSL charges at actual |
Transaction Charges (Credit) | Transaction Charges (Credit) : - | Transaction Charges (Credit) : - |
Transaction Charges (debit) |
Transaction Charges (debit)
:
0.04% of the value of the transaction (minimum ₹20) |
Transaction Charges (debit)
:
For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30) For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹25,000 ) |
Pledge Creation Charges |
Pledge Creation Charges
:
0.04% of the value of the transaction (minimum ₹40) |
Pledge Creation Charges
:
0.02% or minimum of ₹35 |
Pledge Creation Confirmation Charges |
Pledge Creation Confirmation Charges
:
₹0 |
Pledge Creation Confirmation Charges
:
0.02% or minimum of ₹35 |
Pledge Invocation Charges |
Pledge Invocation Charges
:
0.04% of the value of the transaction (minimum ₹40) |
Pledge Invocation Charges
:
0.02% or minimum of ₹35 |
Failed Instruction Charges | Failed Instruction Charges : - | Failed Instruction Charges : - |
Other Charges |
Other Charges
:
|
Other Charges
:
₹200 for restoring services if account is suspended for non payment of charges. |
Open Account | Open Account |
Alice Blue vs ICICI Direct Basic Details
Alice Blue and Total Number of Clients is 163460 and . ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 1869925 and Total Number of Branches is 154 .
Alice Blue | ICICI Direct | |
---|---|---|
Year of Incorporation | Year of Incorporation : - |
Year of Incorporation
:
2000 |
Active Exchange Memberships |
Active Exchange Memberships
:
NSE, BSE, MCX |
Active Exchange Memberships : - |
Demat Services |
Demat Services
:
No |
Demat Services
:
Yes |
Website | Website : www.aliceblueonline.com | Website : - |
Contact Details |
Contact Details
:
080-61575500|080-45490850 |
Contact Details : - |
Total Number of Clients |
Total Number of Clients
:
163,460 |
Total Number of Clients
:
1,869,925 |
Total Number of Branches | Total Number of Branches : - |
Total Number of Branches
:
154 |
Products * |
Products
:
Mutual Fund, Equity, Currency & Commodity |
Products : - |
Open Account | Open Account |
Alice Blue vs ICICI Direct Orders
Orders
Alice Blue | ICICI Direct | |
---|---|---|
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)
:
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)
:
Yes |
Open Account | Open Account |
Alice Blue vs ICICI Direct Research and Advice / Trading Tips
Research and Advice / Trading Tips
Alice Blue | ICICI Direct | |
---|---|---|
Equity Trading Recommendation * |
Equity Trading Recommendation
:
No |
Equity Trading Recommendation : - |
Equity Investment Recommendation * |
Equity Investment Recommendation
:
No |
Equity Investment Recommendation : - |
Recommendation basis risk Profile * |
Recommendation basis risk Profile
:
No |
Recommendation basis risk Profile : - |
Comparison * |
Comparison
:
No |
Comparison : - |
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 : - |
Quarterly Results * |
Quarterly Results
:
No |
Quarterly Results
:
Yes |
Open Account | Open Account |
Alice Blue vs ICICI Direct Franchisee / Authorized Person related information
Franchisee / Authorized Person related information
Alice Blue | ICICI Direct | |
---|---|---|
Availability for franchisee / AP | Availability for franchisee / AP : - | Availability for franchisee / AP : - |
Investment required for Franchisee / AP | Investment required for Franchisee / AP : - | Investment required for Franchisee / AP : - |
Open Account | Open Account |
Alice Blue vs ICICI Direct Product & Services
Alice Blue and ICICI Direct 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 | ICICI Direct | |
---|---|---|
Delivery Based Trading * |
Delivery Based Trading
:
Yes |
Delivery Based Trading : - |
Margin Trading * |
Margin Trading
:
No |
Margin Trading
:
Yes |
Call N Trade * |
Call N Trade
:
Yes |
Call N Trade : - |
Trading in Both the exchanges * |
Trading in Both the exchanges
:
Yes |
Trading in Both the exchanges : - |
Limit Order * | Limit Order : - | Limit Order : - |
3-in-1 On-line Trading Account * |
3-in-1 On-line Trading Account
:
No |
3-in-1 On-line Trading Account : - |
NRI Services * |
NRI Services
:
No |
NRI Services
:
Yes |
SMS Alerts * |
SMS Alerts
:
No |
SMS Alerts
:
No |
Offers Multiple Plan * |
Offers Multiple Plan
:
No |
Offers Multiple Plan : - |
IPO Investment * |
IPO Investment
:
No |
IPO Investment : - |
Portfolio Analysis * |
Portfolio Analysis
:
No |
Portfolio Analysis : - |
Advanced Charting Features * |
Advanced Charting Features
:
Yes |
Advanced Charting Features : - |
Brokerage Calculator * |
Brokerage Calculator
:
Yes |
Brokerage Calculator : - |
Margin Calculator * |
Margin Calculator
:
Yes |
Margin Calculator : - |
Stop Loss Order * |
Stop Loss Order
:
Yes |
Stop Loss Order : - |
Bracket Orders & Trailing Stop Loss * |
Bracket Orders & Trailing Stop Loss
:
Yes |
Bracket Orders & Trailing Stop Loss : - |
Equity Future & Option Trading * |
Equity Future & Option Trading
:
Yes |
Equity Future & Option Trading : - |
Currency Future & Option Trading * |
Currency Future & Option Trading
:
Yes |
Currency Future & Option Trading : - |
Market Trading * |
Market Trading
:
Yes |
Market Trading : - |
Monthly & Yearly Plan * |
Monthly & Yearly Plan
:
No |
Monthly & Yearly Plan : - |
Aumtomated Trading * |
Aumtomated Trading
:
Yes |
Aumtomated Trading : - |
Open Account | Open Account |
Alice Blue vs ICICI Direct Customer Services
Alice Blue and ICICI Direct 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 | ICICI Direct | |
---|---|---|
Toll Free Number * |
Toll Free Number
:
No |
Toll Free Number : - |
Live Chat Facility * |
Live Chat Facility
:
No |
Live Chat Facility : - |
Email Facility * |
Email Facility
:
Yes |
Email Facility : - |
Branch Offices * |
Branch Offices
:
Yes |
Branch Offices : - |
Customer Care * |
Customer Care
:
No |
Customer Care : - |
Community Service * |
Community Service
:
No |
Community Service : - |
Relationship Manager * |
Relationship Manager
:
No |
Relationship Manager : - |
24/7 Support * |
24/7 Support
:
No |
24/7 Support : - |
Open Account | Open Account |
Alice Blue vs ICICI Direct Other Investement
Alice Blue and ICICI Direct 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 | ICICI Direct | |
---|---|---|
Commodity Trading * |
Commodity Trading
:
Yes |
Commodity Trading : - |
Investment in ETFs * |
Investment in ETFs
:
Yes |
Investment in ETFs : - |
Investment in Mutual Funds * |
Investment in Mutual Funds
:
Yes |
Investment in Mutual Funds : - |
Investment in Bonds * |
Investment in Bonds
:
No |
Investment in Bonds : - |
Investment in Corporate Debt instruments * |
Investment in Corporate Debt instruments
:
Yes |
Investment in Corporate Debt instruments : - |
Insurance Services * |
Insurance Services
:
No |
Insurance Services : - |
Banking Services * |
Banking Services
:
No |
Banking Services : - |
Open Account | Open Account |
Alice Blue vs ICICI Direct Trading Platform
Alice Blue and ICICI Direct 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 | ICICI Direct | |
---|---|---|
Web Platform * |
Web Platform
:
Yes |
Web Platform : - |
Android Mobile App * |
Android Mobile App
:
Yes |
Android Mobile App : - |
Desktop Windows * |
Desktop Windows
:
Yes |
Desktop Windows : - |
Desktop Mac * |
Desktop Mac
:
No |
Desktop Mac : - |
I-Pad App * |
I-Pad App
:
Yes |
I-Pad App : - |
Virtual Trading * |
Virtual Trading
:
No |
Virtual Trading : - |
iPhone Mobile App * |
iPhone Mobile App
:
Yes |
iPhone Mobile App : - |
Contact Now | ||
Open Account | Open Account |
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