Verdict

Alice Blue offers quite low brokerages in all segments along with low transaction charges as compared to others (provided you purchase their Trade Pro plan). However, the plan doesn’t offer free equity delivery. Their trading platforms are ANT (Analyse & Trade) powered which makes Alice Blue better suited to traders. Their website provides wholesome information for traders (such as BAN Contract, Daily margin etc.).

If you are a Trader, the broker provides you with

• Courses to understand technical charts & indicators on their trade store at a nominal charge.

• Daily pivot points for NSE, MCX & Forex trading for intraday traders.

• All the information for margin, ban contract, expiry contract, etc on their RMS live update.

• ANT (Analysis & Trade) trading platforms which help customers to make informed decisions while trading.

• Advanced charting feature with zero time lag along with alters & much more. 

• Uses Omnesys NEST to give the terminal feel.

If you are an Investor, the brokers provide you with

• Low brokerage on the Freedom 20 plan.

• Direct plans in Mutual Funds.

• Free educational material (only for a trial period).

Trading Tools

ANT Mobi

One of the most widely used trading platforms that help users to analyse the share, commodity and currency market. It’s an android/iOS based mobile application facilitating trading via mobile phones and tablets. It allows monitoring of multiple charts at fingertips. It has an ANT Beta version. It provides online share trading platforms to its customers - ANT (Analyze and Trade), built by Trade-Lab which uses Omnesys NEST at the backend.

ANT Desk

It is a fully customizable desktop application that provides advanced charting as well as risk management tools, research reports, multi-chart watch list, etc. It provides online share trading platforms to its customers - ANT (Analyze and Trade), built by Trade-Lab which uses Omnesys NEST at the backend.

ANT Web

It is the online trading platform accessible via any web browser. It requires no additional software downloads, and most of the work can be done in just a couple of clicks.

ANT Scanner

An advanced feature, useful to filter out stocks using filters like Day’s gainer, Day’s loser, etc.

Alice Blue Mutual Funds

A mutual fund app meant to make investing seamless and easy with 0% brokerage and commission.

BOT- Back Office Transformation

User-friendly back-office software that helps in tracking each and every transaction in a hassle-free manner for both traders and investors.

Charges Details

For Equity

CHARGES	DELIVERY	INTRADAY	FUTURES	OPTIONS
Transaction Charges	0.00325% - NSE	0.00325% - NSE	0.0019% - NSE	0.05% - NSE
Demat Transaction Charges	Sell side, ₹ 18.5 per scrip	-	-	-
Clearing Charges	-	-	0.0002% - NSE	0.005% - NSE
GST	18% on Brokerage + Transaction + Demat Charges	18% on Brokerage + Transaction	18% on Brokerage + Transaction + Clearing Charges	18% on Brokerage + Transaction + Clearing Charges
STT	₹ 100 per Lacs	Sell-side, ₹ 25 per Lacs	Sell-side, ₹ 10 per Lacs	Sell-side, ₹ 50 per Lacs
SEBI Charges	₹ 15 per crore	₹ 15 per crore	₹ 15 per crore	₹ 15 per crore

For Commodity 

CHARGES	FUTURES	OPTIONS
Transaction Charges	0.0026% - Non Agri	-
Clearing Charges	0.00%	0.00%
GST	18% on Brokerage + Transaction	18% on Brokerage + Transaction
STT	Sell-side, 0.01% - Non Agri	Sell-side, 0.05%
SEBI Charges	₹ 15 per crore	₹ 15 per crore

For Currency

CHARGES	FUTURES	OPTIONS
Transaction Charges	0.0009% - NSE 0.00022% - BSE	0.04% - NSE 0.001% - BSE
Clearing Charges	0.0004% - NSE 0.0004% - BSE	0.025% - NSE 0.025% - BSE
GST	18% on Brokerage + Transaction	18% on Brokerage + Transaction
STT	-	-
SEBI Charges	₹ 15 per crore	₹ 15 per crore