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Alice Blue vs Zerodha (Compare Alice Blue and Zerodha)

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 Zerodha, Below comparison of Alice Blue vs Zerodha 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 Zerodha is given below:

Alice Blue Zerodha
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

Zerodha :

Zerodha is the innovator of the discount broking model in India, Infect, it brought the concept of discount broking in India and post that    >>> more

Find More Information about the Broker :
Alice Blue :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Zerodha :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Alice Blue :
 Discount Broker
Zerodha :
 Discount 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.
Zerodha :
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha 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..
Zerodha :
  •  No Brokerage on Equity delivery & Mutual Fund.
  •  Flat rate for stock trading.
  •  Own DP services.
  •  Strong Customer service .
  •  Good Brokerage & Margin Calculator.
  •  Offers up to 20x leverage on intraday trading.
  •  Offers most advanced online trading tools.
  •  Offers facility to apply on-line IPO .
  •  Zerodha offers referral program to its customers.
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.
Zerodha :
  •  No margin funding.
  •  Very High charges on Call and Trade @ ₹50 per call.
  •  Charges on Funds Transfer @ ₹9 per fund transfer.
  •  Charges on SMS Tradw alerts.₹1 for Equity, F&O, and Currency trade alerts and ₹0.50 for Commodity
  •  Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer.
  •  Doesn't provide stock tips, research reports or recommendations.
  •  Doesn't offer Unlimited Trading Plans.
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
Zerodha :
  •  Zerodha Charge flat rate of ₹20 per executed order.
  •  Zerodha does not charge any brokerage on Equity delivery transactions.
  •  Zerodha provides platform to invest in mutual funds.
  •  Innovative trading platform.
  •  No upfront fee, no minimum brokerage and no minimum contract charges.
  • The largest stockbroker by active clients, market volume.
  • Zero brokerage Direct Mutual Funds. 
  • Offers up to 20x leverage on intraday trading. 
Open Account Open Account

Alice Blue vs Zerodha Account Opening & AMC Charges

Alice Blue Trading Account Opening Fee is Rs 150 and Zerodha Trading Account Opening Fee is Rs 200 . Alice Blue Demat Account AMC is Rs 400 and Zerodha Demat Account AMC is Rs 300 .

Alice Blue Zerodha
Trading Account Opening Fee Trading Account Opening Fee :

Rs 150

Trading Account Opening Fee :

Rs 200

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 300

Trading Account AMC Trading Account AMC :

Rs 0

Trading Account AMC :

Rs 0 (Free)

Open Account Open Account

Alice Blue vs Zerodha Brokerage Charges

Alice Blue Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 15 per order or 0.01% whichever is lower and Equity Options is Rs 15 per order . Zerodha Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order .

Alice Blue Zerodha
Plan Name Plan Name :

Freedom Plan (F15)

Plan Name :

Standard Plan

Equity Delivery Equity Delivery :

Rs 0 (Free)

Equity Delivery :

Rs 0 (Free)

Equity Intraday Equity Intraday :

Rs 15 per order or 0.01% whichever is lower

Equity Intraday :

Rs 20 per executed order or .03% whichever is lower

Equity Future Equity Future :

Rs 15 per order or 0.01% whichever is lower

Equity Future :

Rs 20 per executed order or .03% whichever is lower

Equity Options Equity Options :

Rs 15 per order

Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

Rs 15 per order or 0.01% whichever is lower

Currency Futures :

Rs 20 per executed order or .03% whichever is lower

Currency Options Currency Options :

Rs 15 per order

Currency Options :

Rs 20 per executed order or .03% whichever is lower

Monthly Fee Monthly Fee : - Monthly Fee : -
Margin Trading Margin Trading : - Margin Trading :

Rs 20

Commodity Futures Commodity Futures :

Rs 15 per order or 0.01% whichever is lower

Commodity Futures :

Rs 20 per executed order or .03% whichever is lower

Commodity Options Commodity Options :

Rs 15 per order

Commodity Options :

Rs 20 per executed order or .03% whichever is lower

Open Account Open Account

Alice Blue vs Zerodha Exchange Transaction Charges

Alice Blue Exchange Transaction Charges Equity Future is NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side) and Equity Options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side) . Zerodha Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) and Equity Options is NSE Rs 5300 per Cr (0.053%) (on premium) .

Alice Blue Zerodha
Equity Delivery Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)

Equity Delivery :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Intraday Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)

Equity Intraday :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Future * Equity Future :

NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side)

Equity Future :

NSE Rs 200 per Cr (0.002%)

Equity Options * Equity Options :

NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side)

Equity Options :

NSE Rs 5300 per Cr (0.053%) (on premium)

Currency Futures * Currency Futures :

NSE Rs 135 per Cr (0.00135%)

Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)

Currency Options Currency Options :

NSE Rs 4400 per Cr (0.044%) (on premium)

Currency Options :

NSE Rs 3500 per Cr (0.035%) | 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 Zerodha Other Charges

Alice Blue Minimum Brokerage is Rs 0 and Call & Trade is Rs 20 per executed order . Zerodha Minimum Brokerage is 0.03% in Intraday and F&O and Call & Trade is Rs 50 per executed order .

Alice Blue Zerodha
Minimum Brokerage Minimum Brokerage :

Rs 0

Minimum Brokerage :

0.03% in Intraday and F&O

Call & Trade Call & Trade :

Rs 20 per executed order

Call & Trade :

Rs 50 per executed order

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹15 per transaction

DP Charges (on sell side) :

₹13.5 per scrip

Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges :

Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS

Open Account Open Account

Alice Blue vs Zerodha Features

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

Alice Blue Zerodha
Trading Platform Trading Platform :

Front End: ANT | Back End: Omnesys NEST

Trading Platform :

Kite Web, Kite Mobile for Android/iOS and Coin

Placing orders through charts Placing orders through charts :

Yes

Placing orders through charts :

Yes

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips :

No

Research and Advice / Trading Tips :

No

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 :

1

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 Zerodha Demat Account Charges

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

Alice Blue Zerodha
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Rs 0

Account Opening Fee :

Rs 50 (Stamp charges payable upfront)

Advance Deposit Advance Deposit :

Rs 0

Advance Deposit :

Rs 0

AMC AMC :

Rs 400 per year

AMC :

Individuals/Non Individual (except Corporate) - Rs 300 + GST
Non Individual - Corporate - Rs 1000

Dematerialisation Charges Dematerialisation Charges :

Rs 10 per certificate + Rs 50 per request

Dematerialisation Charges :

Rs 150 per certificate (+ Rs 100 Courier charges)

Rematerialisation Charges Rematerialisation Charges :

Rs 30 per request + CDSL Fee + Rs 10 per 100 securities

Rematerialisation Charges :

Rs 150 per certificate + CDSL charges + Rs 100 Courier charges

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

0.04% of the value of the transaction (minimum Rs 20)

Transaction Charges (debit) :

  • Market Trades: Rs 13.5 + GST
  • Off-Market Trades: 0.03% of Rs 25 whichever is higher + GST

Pledge Creation Charges Pledge Creation Charges :

0.04% of the value of the transaction (minimum Rs 40)

Pledge Creation Charges :

Rs 30 per request + GST

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Rs 0

Pledge Creation Confirmation Charges :

Rs 0

Pledge Invocation Charges Pledge Invocation Charges :

0.04% of the value of the transaction (minimum Rs 40)

Pledge Invocation Charges :

Rs 20

Failed Instruction Charges Failed Instruction Charges : - Failed Instruction Charges :

Rs 50 per ISIN

Other Charges Other Charges :

  • Power of Attorney (PoA): Rs 150
  • Courier Charges: Rs 100 per request
  • Additional DIS Booklet: Rs 100 per booklet

Other Charges :

  • Cheque Bounce: Rs 350
  • Physical Statement - Rs 50 (+Courier charges at actual)
  • Modification in CML - Rs 25 per request
  • KRA Upload / Download - Rs 50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

Open Account Open Account

Alice Blue vs Zerodha Basic Details

Alice Blue and Total Number of Clients is 147195 and . Zerodha Year of Incorporation is 2010 and Total Number of Clients is 6513036 and Total Number of Branches is 22 .

Alice Blue Zerodha
Year of Incorporation Year of Incorporation : - Year of Incorporation :

2010

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX

Active Exchange Memberships :

NSE, BSE, MCX and NCDEX

Demat Services Demat Services :

No

Demat Services :

No

Website Website : www.aliceblueonline.com Website : https://zerodha.com
Contact Details Contact Details :

080-61575500|080-45490850

Contact Details :

080-40402020

Total Number of Clients Total Number of Clients :

147,195

Total Number of Clients :

6,513,036

Total Number of Branches Total Number of Branches : - Total Number of Branches :

22

Products * Products :

Mutual Fund, Equity, Currency & Commodity

Products :

Kite Web, Kite Mobile for Android/iOS and Coin

Open Account Open Account

Alice Blue vs Zerodha Orders

Orders

Alice Blue Zerodha
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) :

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) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

Yes

Open Account Open Account

Alice Blue vs Zerodha Research and Advice / Trading Tips

Research and Advice / Trading Tips

Alice Blue Zerodha
Equity Trading Recommendation * Equity Trading Recommendation :

No

Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation :

No

Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile :

No

Recommendation basis risk Profile :

No

Comparison * Comparison :

No

Comparison :

No

Free Tips * Free Tips :

No

Free Tips :

No

Daily Market report * Daily Market report :

Yes

Daily Market report :

No

ETF research * ETF research :

No

ETF research :

No

Quarterly Results * Quarterly Results :

No

Quarterly Results :

No

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Alice Blue vs Zerodha Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Alice Blue Zerodha
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.11,000

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Alice Blue vs Zerodha Product & Services

Alice Blue and Zerodha 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 Zerodha
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

No

Margin Trading :

No

Call in Trade * Call in Trade :

Yes

Call in 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 :

No

Offers Multiple Plan * Offers Multiple Plan :

No

Offers Multiple Plan :

No

IPO Investment * IPO Investment :

No

IPO Investment :

No

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 :

Yes

Margin Calculator * Margin Calculator :

Yes

Margin Calculator :

Yes

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 Zerodha Customer Services

Alice Blue and Zerodha 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 Zerodha
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 :

No

24/7 Support * 24/7 Support :

No

24/7 Support :

No

Open Account Open Account

Alice Blue vs Zerodha Other Investement

Alice Blue and Zerodha 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 Zerodha
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 :

No

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

Yes

Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services :

No

Insurance Services :

No

Banking Services * Banking Services :

No

Banking Services :

No

Open Account Open Account

Alice Blue vs Zerodha Trading Platform

Alice Blue and Zerodha 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 Zerodha
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 :

No

iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

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