Alice Blue vs Zerodha (Compare Alice Blue vs 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.

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

Alice Blue

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Zerodha

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	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: Brokerage free Equity Delivery trading+ Flat ₹15 and F&O trades. Get the offer	Zerodha : Special Offer: Brokerage free equity delivery trading + Flat ₹20 Intra-day and F&O trades. Get the offer
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.

Alice Blue vs Zerodha Account Opening & AMC Charges

Alice Blue Trading Account Opening Fee is ₹0 and Zerodha Trading Account Opening Fee is ₹200 . Alice Blue Demat Account AMC is ₹0 and Zerodha Demat Account AMC is ₹300 .

	Alice Blue	Zerodha
Trading Account Opening Fee	Trading Account Opening Fee : ₹0	Trading Account Opening Fee : ₹200
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : ₹0	Demat Account AMC : ₹300
Trading Account AMC	Trading Account AMC : ₹400	Trading Account AMC : ₹0

Alice Blue vs Zerodha Brokerage Charges

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

	Alice Blue	Zerodha
Plan Name	Plan Name : Freedom Plan (F15)	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : Free	Equity Delivery : ₹0 (Free)
Equity Intraday	Equity Intraday : 0.01 or ₹15/Trade whichever is lower	Equity Intraday : ₹20 per executed order or .03% whichever is lower
Equity Future	Equity Future : 0.01 or ₹15/Trade whichever is lower	Equity Future : ₹20 per executed order or .03% whichever is lower
Equity Options	Equity Options : Flat ₹15 per executed order	Equity Options : ₹20 per executed order
Currency Futures	Currency Futures : 0.01 or ₹15/Trade whichever is lower	Currency Futures : ₹20 per executed order or .03% whichever is lower
Currency Options	Currency Options : Flat ₹15 per executed order	Currency Options : ₹20 per executed order or .03% whichever is lower
Monthly Fee	Monthly Fee : NA	Monthly Fee : NO
Margin Trading	Margin Trading : Yes	Margin Trading : NO
Commodity Futures	Commodity Futures : 0.01 or ₹15/Trade whichever is lower	Commodity Futures : ₹20 per executed order or .03% whichever is lower
Commodity Options	Commodity Options : Flat ₹15 per executed order	Commodity Options : ₹20 per executed order or .03% whichever is lower

Alice Blue vs Zerodha Transaction Charges (Per Crore)

Alice Blue Transaction Charges (Per Crore) Equity Future is NSE ₹200 per Cr (0.0020%) and Equity Options is NSE ₹5300 per Cr (0.053%) | BSE ₹1 per trade (each side) . Zerodha Transaction Charges (Per Crore) Equity Future is NSE ₹190 per Cr (0.0019%) and Equity Options is NSE ₹5000 per Cr (0.05%) (on premium) .

	Alice Blue	Zerodha
Equity Delivery	Equity Delivery : NSE ₹345 per Cr (0.00325%) \| BSE ₹345 per Cr	Equity Delivery : NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday	Equity Intraday : NSE ₹345 per Cr (0.00325%) \| BSE ₹345 per Cr	Equity Intraday : NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Future *	Equity Future : NSE ₹200 per Cr (0.0020%)	Equity Future : NSE ₹190 per Cr (0.0019%)
Equity Options *	Equity Options : NSE ₹5300 per Cr (0.053%) \| BSE ₹1 per trade (each side)	Equity Options : NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures *	Currency Futures : NSE ₹260 per Cr (0.00026%)	Currency Futures : NSE ₹90 per Cr (0.0009%) \| BSE ₹22 per Cr (0.00022%)
Currency Options	Currency Options : NSE ₹3260 per Cr (0.032%) (on premium)	Currency Options : NSE ₹3500 per Cr (0.035%) \| BSE ₹100 per Cr (0.001%) (on premium)
Commodity	Commodity : ₹375 per Cr (0.00375%)	Commodity : Group A - ₹260 per Cr (0.0026%)

Alice Blue vs Zerodha Other Charges

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

	Alice Blue	Zerodha
Minimum Brokerage	Minimum Brokerage : ₹0	Minimum Brokerage : 0.03% in Intraday and F&O
Call & Trade	Call & Trade : ₹20 per executed order	Call & Trade : ₹50 per executed order
Stamp Duty *	Stamp Duty : Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%	Stamp Duty : Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%
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: ₹20, Trade SMS Alerts: ₹1 per SMS

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 : Pi, Kite, NEST
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 : Algo Trading	Unique features & Offers : Direct MFs, APIs
Referral Program	Referral Program : Yes	Referral Program : Yes
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : Yes

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 : Nil	Account Opening Fee : ₹200
Advance Deposit	Advance Deposit : NA	Advance Deposit : Nil
AMC	AMC : ₹400	AMC : ₹0 (Free)
Dematerialisation Charges	Dematerialisation Charges : Rs 10 per certificate + Rs 50 per request	Dematerialisation Charges : ₹150 per certificate (+ ₹100 Courier charges)
Rematerialisation Charges	Rematerialisation Charges : Rs 30 (Per certificate) + CDSL Charges	Rematerialisation Charges : ₹150 per certificate + CDSL charges + ₹100 Courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : Rs 15 flat for every debit transaction	Transaction Charges (debit) : ₹8 + ₹5.5 (CDSL charges)
Pledge Creation Charges	Pledge Creation Charges : Rs 20 + Rs 12 per request (CDSL Charges)	Pledge Creation Charges : ₹20 + ₹12 per request (CDSL charges)
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : Rs 20	Pledge Invocation Charges : ₹20
Failed Instruction Charges	Failed Instruction Charges : Rs 50 per ISIN	Failed Instruction Charges : ₹50 per instruction
Other Charges	Other Charges : -	Other Charges : Cheque Bounce- ₹350 Physical Statement - ₹50 (Courier charges) Modification in CML - ₹25 per request KRA Upload / Download - ₹50 per request Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

Alice Blue vs Zerodha Basic Details

Alice Blue Year of Incorporation is 2006 and Total Number of Clients is 143792 and Total Number of Branches is 17 . Zerodha Year of Incorporation is 2010 and Total Number of Clients is 4755650 and Total Number of Branches is 22 .

	Alice Blue	Zerodha
Year of Incorporation	Year of Incorporation : 2006	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 : 143792	Total Number of Clients : 4755650
Total Number of Branches	Total Number of Branches : 17	Total Number of Branches : 22
Products *	Products : Mutual Fund, Equity, Currency & Commodity	Products : Kite Web, Kite Mobile for Android/iOS and Coin

Alice Blue vs Zerodha Leverage

Leverage

	Alice Blue	Zerodha
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 20x (based on the stock)
Equity Futures	Equity Futures : Intraday: 10x \| Bracket Order: 20x \| Cover Order: 20x \| CNC-Delivery: 1x	Equity Futures : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Equity Options : Intraday: Buy-3x Sell 10x \| Bracket Order: NA \| Cover Order: NA \| CNC-Delivery: 1x	Equity Options : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures	Currency Futures : Intraday: 10x \| Bracket Order: 20x \| Cover Order: 20x \| CNC-Delivery: 1x	Currency Futures : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Currency Options : Intraday: Buy-3x Sell 10x \| Bracket Order: NA \| Cover Order: NA \| CNC-Delivery: 1x	Currency Options : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures	Commodity Futures : Intraday: 10x \| Bracket Order: 20x \| Cover Order: 20x \| CNC-Delivery: 1x	Commodity Futures : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options	Commodity Options : -	Commodity Options : -
F&O (Eq, Curr, Comm)	F&O (Eq, Curr, Comm) : -	F&O (Eq, Curr, Comm) : -

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) : 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) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : Yes

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

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

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 : Yes	Margin Trading : Yes
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

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

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

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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