Alice Blue Online Charges – Find Brokerage Charges, Account Opening Charges and more
Last Updated Date: Nov 15, 2022In this article, we will discuss in detail Alice Blue Online Charges. Alice Blue Online is one of the fastest-growing discount brokers that provides all of its services Online.
Let’s have a detailed review of Alice Blue Online Brokerage Charges, their Account Opening Charges, Transaction Charges & any other charges levied by Alice Blue Online.
Alice Blue Online Brokerage Charges
Find below the detailed table of Alice Blue Online Brokerage Charges:
Brokerage Charges for Freedom 15 plan | |
Equity Delivery | Rs 0 (Free) |
Equity Intraday | Rs 15 per order or 0.01% whichever is lower |
Equity Futures | Rs 15 per order or 0.01% whichever is lower |
Equity Options | Rs 15 per order |
Currency Futures | Rs 15 per order or 0.01% whichever is lower |
Currency Options | Rs 15 per order |
Commodity | Rs 15 per order or 0.01% whichever is lower |
According to this detailed table, we could clearly see that Alice blue online provides Flat Brokerage of Rs.15 per executed order or 0.01% of total transaction whichever is a lower amount. This kind of brokerage charge are generally provided by discount brokers which is same for all asset classes.
Alice Blue Trade Pro Brokerage Plans
Brokerage Charges for Trade Pro Plan | |
Delivery | 0.10% |
Intraday | 0.01% |
Equity Futures | 0.01% |
Equity Options | Rs 15 per lot |
Currency Futures | Rs 10 per lot |
Currency Options | Rs 15 per lot |
Commodity Futures | 0.01% |
Commodity Options | Rs 15 per lot |
While the Freedom 15 plan was a flat brokerage plan, this is a traditional plan. Herein, you have to pay the charge for all the segments other than options on a percentage basis. Charge for Options is Rs.15 per lot while it is 0.10% for the delivery segment, whereas it is the same charge o 0.01% for the rest of the segments.
Compare Stock Brokers
Get a Call back from Alice Blue Online – Fill up the form Now!
Alice Blue Online Account Opening Charges
Find below the Demat & Trading Account Opening Charges of Alice Blue Online:
Account Opening Charges | |
Trading Charges [One Time] | Rs 0 (Free) |
Trading AMC [Yearly] | Rs 0 |
Demat Charges [One Time] | Rs 0 |
Demat AMC [Yearly] | Rs 400 |
Margin Money | Zero |
Alice blue online only charges One Time Trading Account Opening Charges. This charge is Rs.310 for Equity & Rs.120 for Commodity. The Client doesn’t require to pay any Trading AMC but for Demat they have to pay Rs.400 per annum .
The Client can start with Zero Margin during account opening process.
Find Account Opening Charges of other Stock Brokers
Jhaveri Securities Charges | LKP Securities Charges | Narnolia Charges |
JM Financial Charges | Mastertrust Capital Charges | Nirmal Bang Charges |
KIFS Trade Charges | My Value Trade Charges | NJ Wealth Charges |
Alice Blue Online Transaction Charges
Get detailed table of Alice Blue Online Transaction Charges below:
Transaction Charges | |
Delivery | NSE Rs 225 per Cr (0.00225%) | BSE Rs 1 per trade (each side) |
Intraday | NSE Rs 225 per Cr (0.00225%) | BSE Rs 1 per trade (each side) |
Equity Futures | NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side) |
Equity Options | NSE Rs 5200 per Cr (0.052%) | BSE Rs 1 per trade (each side) |
Currency Futures | NSE Rs 125 per Cr (0.00125%) |
Currency Options | NSE Rs 4400 per Cr (0.044%) (on premium) |
Commodity | Non-Agri Rs 260 per Cr (0.0026%) | Agri Rs 275 per Cr (0.00275%) |
The Transaction charges are levied on each Transaction done by the client. NSE & BSE charges different Transaction charges for different asset classes.
For Intraday & Delivery NSE Charges 0.00225% & BSE Charges Rs.1 per Trade on each side. For Equity Futures & Options NSE Charges 0.00210% & 0.053% respectively while BSE charges flat Rs.1 per Trade (each side).
For Currency Futures & Options NSE Charges 0.00135% & 0.044% respectively. For Commodity NSE charges 0.0036% for Non-Agri Products & 0.00275% for Agri Products.
Find Transaction Charges of other Brokers
Alice Blue Online Other Charges
Below is the list of various other charges levied by Alice Blue Online:
Other Charges | |
SEBI Turnover Charges | 0.00005% (Rs.5/Crore) |
STT | Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side |
Stamp Duty | (On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX) |
GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Margin Funding Charges | NA |
Reactivation Charges | Rs 25 per instruction |
Account Closure Charges | Rs 35 per instruction |
Dematerialisation Charges | Rs 10 per certificate + Rs 50 per request |
Pledge Creation | Rs 20 + Rs 12 per request (CDSL Charges) |
Pledge Invocation | Rs 20 |
Margin Pledge/Unpledge/ Pledge closure | Rs 20 + Rs 12 per request (CDSL Charges) |
Margin Repledge | Rs 20 + Rs 12 per request (CDSL Charges) |
Other than Brokerage, Account Opening & Transaction Charges there are various other charges levied by Alice Blue online based on the services they offer.
Alice Blue Online Charges 0.00005% of Total Turnover as SEBI Turnover Charges, STT is 0.0126% of Total Turnover, Stamp Duty varies from state to state between 0.002% – 0.004% & GST is 18% of Brokerage + Transaction Charges.
The Broking House charges 18% + GST for Margin Funding & Rs. 25 per segment as Account Re-Activation Charges. The Account closure charges is Rs.35 per segment & Dematerialisation Charges are Rs.10 only.
Alice Blue Brokerage Charges FAQs
Ques – Does Alice Blue Charge Brokerage?
Answer – Yes, there is a charge designated by this stock broking house to all the segments of investment it provides. The commodity trading is however not included in the list of products and services this stock broker provides and hence, you will not be able to find the related charges.
Ques – What is Alice Blue Brokerage Charges?
Answer – There are charges related to all the segments except for one segment. Brokerage for the delivery segment is nil, however, for the other, the broker charges are flat rate of Rs.15 per executed order or 0.01% whichever lower. Commodity trading is Not available.
Ques – What is the Intraday Brokerage of Alice Blue?
Answer – Intraday is opted by a lot of active trading to earn profits on a daily basis. According to the same, the traders have to pay the brokerage charge on every trade order that they place. As per the flat charge, structure levied brokerage for intraday is Rs.15 per executed order or 0.01% whichever lower.
Ques – What other Charges levied by Alice Blue?
Answer – As you know, the brokerage is the first charge you must pay. This is followed by payment of transactional charges, SEBI Turnover Charges, STT, Stamp Duty, GST, Margin Funding charges, account-related charges and other petty charges. Examples of petty charges are dematerialization, reactivation, closure etc.
Ques – Is Alice Blue a discount broker?
Answer – Yes, Alice Blue belongs to the class of the newly emerged broker, i.e. the discount brokers. They are formed with the intention of providing affordable trading services, similar to that of full-service brokers. They try to eliminate high charges levied per trade.
Ques – Does Alice Blue have Free Delivery?
Answer – Yes, this is one of the many advantages you will enjoy if you choose Alice Blue as your stock broker. They have waived off the brokerage charges for the equity delivery segment, and it is a huge perk to enjoy, since it would increase your profit earning capacity a bit.
Ques – How much Alice Blue Charge for Options?
Answer – The stock broker follows the same charge rate for all the segments, as they are a discount broker. So, as per the structure, even if you invest in options or in Currency options on the other end, you are deemed to pay a charge of Rs.15 per executed order or 0.01% whichever lower.
Ques – What are Alice Blue Transaction Charges?
Answer – Transaction charge or generally levied on every order placed, but they are pretty minute. Charge for delivery and intraday is NSE: 0.00225% and for BSE Rs.1 per trade (each side). Charge for futures is NSE: 0.00210% and for BSE Rs.1 per trade (each side), for options NSE: 0.053% and for BSE Rs.1 per trade (each side), for currency futures – NSE: 0.00135%, currency options – NSE: 0.044% and commodity – Non-Agri: 0.0036% and for Agri: 0.00275%.
Ques – What is the Demat AMC in Alice Blue?
Answer – Demat account generally comprises of account opening charges and an Account Maintenance Charge which is taken once every year. So, according to the statistics, the company has waived off the trading account charges, so there is only Rs.400 AMC you are obligated to pay for the demat account.
Ques – Is Alice Blue Brokerage Free?
Answer – No, this stock broker is not actually entirely free if you speak of all the segments. However, the relaxation that this stock broker provides is of waiving off the brokerage for the equity delivery. If you invest in shares and accept delivery, you are not required to pay a brokerage for it.
Open Demat Account with Alice Blue Online – Fill up the Form Now!
Find Stock Broker Charges of other Broking House
Ventura Securities Charges | SBICap Securities Charges | Zerodha Charges |
Way2Wealth Charges | Sharekhan Charges | Alankit Assignments Charges |
Suresh Rathi Charges | Upstox Charges | Alice Blue Online Charges |
Most Read Articles