Alice Blue Commodities Explained

Published on Thursday, December 5, 2019 by Chittorgarh.com Team

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Alice Blue Commodities Explained

Alice Blue is a discount broker that is popular in the market for commodity trading services. The company is a registered Trading and Clearing Member of Multi Commodity Exchange of India Ltd. (MCX) and National Commodity and Derivatives Exchange Ltd (NCDEX). Customers can use the various platforms offered by the company like ANT Web, ANT Mobi, and ANT Desk to trade in various commodities on exchange.

Alice Blue Commodities Brokerage

Alice Blue offers 2 brokerage plans to customers- Freedom and Traditional Plans. The Alice Blue Commodities Brokerage charges for the 2 plans are as follows-

Alice Blue Commodities Brokerage Fees

Plan Name

Intraday

Delivery

Traditional

0.01%

0.01%

Freedom 20

Rs 20

Rs 20

Alice Blue Commodities Exposure

Alice Blue also offers exposure or margin trading facility to its customers on commodity trading. In margin trading facility, customers can trade by paying a minimum margin amount which is a fraction of the total trade value. The exposure limit is available on certain commodities as decided by the broker and the exchanges.

Alice Blue commodity margin limit is based on brokerage plans as well as order types. For intraday traders, the commodity margin can be as high as 10x whereas it is 20x for Bracket Orders. Similarly, the exposure limit is higher on Traditional plans than Freedom 20 plans. The details of the Alice Blue commodity exposure limit is as follows-

Alice Blue commodity exposure

Brokerage Plan

MIS -Intraday

Bracket Order

Cover Order

CNC- Delivery

Traditional

10X

20X

20X

1X

Freedom 20

5X

20X

20X

1X

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