Finvasia Vs Alice Blue Demat Account Comparison

Finvasia is a Chandigarh, India based financial service provider. Finvasia caters to retail, institutional and foreign customers. Finvasia offers truly brokerage free trading. It absolutely doesn’t change any brokerage commission from customers to trade on BSE, NSE, and MCX. Customers can trade in any segment by just paying applicable taxes. Call & trade is also available for free of cost to the customers.

Finvasia is a depository participant with CDSL. They offer all kind of depository services to its customer at a very reasonable price.

They are an online broker. All services offered are online or over the phone. They do not have any branch offices, franchise or partner offices.

Alice Blue is a Bangalore based discount stock broker. AliceBlue offers to trade at BSE, NSE, and MCX. Alice Blue also offers depository services (demat account). They are depository participant with CDSL. They don't charge any extra deposit or one time fees for this Zero AMC Demat Account.

Alice Blue is famous for its F15 trading plan, a flat rate brokerage fee plan. Equity delivery trading is absolutely free of brokerage charges in this plan. The brokerage for all other segments is flat Rs 15 per executed or 0.01% whichever is less.

ANT (Analysis and Trade) is the flagship trading platform offered by Alice Blue. ANT Platform offers free trading software to all its customers. The software includes install-able trading terminal, web-browser based trading website and mobile trading app. This trading platform uses the latest internet technology. It offers the best trading experience among the top share brokers in India.

Plot # 10, Netsmartz House (Level 3).
Rajiv Gandhi Chd Tech Park.
Chandigarh. India 160101

No. 153/2, 3rd Floor,
M.R.B.Arcade, Bagalur Main Road,
Dwaraka Nagar, Yelahanka,
Bangalore - 560063

Retail trading in equity, currency and commodity, depository (demat account), asset management, investment banking, advisory, and currency hedging.

• Online Trading
  • Equity Trading at BSE, NSE
  • Commodities Trading at MCX and NCDEX
  • Currency Trading at BSE
• Depository Services (Demat Account)

₹0 (+ stamp charge of ₹199)

₹0

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

₹400 per year

₹0

₹0

₹15 + ₹99 Courier charges

₹10 per certificate + ₹50 per request

₹15 + ₹99 Courier charges

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

₹9 (including CDSL Fee)

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

₹25 + NSDL Charges

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

₹0

₹25 + NSDL Charges

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

₹49 per transaction

• Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
• Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
• Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
• Check Bounce - ₹299
• Failed Transaction - ₹49 per transcaction
• Modification in Client Information - ₹19 per request
• Demat Closure Account - Nil
• Delay Payment Charges - 2% per month on T+2 days

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