Alice Blue Vs Groww (Compare Alice Blue and Groww)

The side-by-side comparison of Alice Blue and Groww. Compare Alice Blue Vs Groww brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Alice Blue vs Groww?


Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL. AliceBlue offers 2 brokerage plans, 'Trade Pro' and 'Freedom 20' to its customers. In the 'Trade Pro' plan, the company charges percentage-based brokerage. Customers have to pay a fixed percentage of the trading value. For intraday trading, a trader has to pay ... Know more about Alice Blue Financial Services


Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe... Know more about Nextbillion Technology pvt ltd

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Alice Blue Vs Groww

Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

  Alice Blue Groww
Type of Broker Discount Broker Discount Broker
Supported Exchnages BSE, NSE, MCX NSE and BSE
Account Type Freedom 20 Standard Plan
Year of Incorporation 2016
Number of Branches 0
Broker Enquiry Open an Online Trading Account with Alice Blue. Leave your contact info and we will get in touch with you.
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Alice Blue Vs Groww Charges & AMC

Alice Blue trading account opening charges is Equity Rs 310 | MCX Rs 200 | Rs 500 All segments while Groww account opening changes is Rs 0. Alice Blue Demat Account AMC Charges is Rs 400 and Groww Demat Account AMC Charges is Rs 0.

  Alice Blue Groww
Trading Account Opening Charges Equity Rs 310 | MCX Rs 200 | Rs 500 All segments Rs 0
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 400 Rs 0
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Alice Blue Vs Groww Brokerage Charges & Plans

Alice Blue Vs Groww Brokerage

Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order or 0.01% whichever is lower whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

  Alice Blue Groww
Account Type Freedom 20 Standard Plan
Fixed Charges NA
Equity Delivery Brokerage Rs 0 (Free) Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage Rs 20 per order or 0.01% whichever is lower Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage Rs 20 per order or 0.01% whichever is lower NA
Equity Options Brokerage Rs 20 per order NA
Currency Futures Trading Brokerage Rs 20 per order or 0.01% whichever is lower NA
Currency Options Trading Brokerage Rs 10 per order NA
Commodity Futures Trading Brokerage Rs 20 per order or 0.01% whichever is lower NA
Commodity Options Trading Brokerage Rs 20 per order NA
Special Offer
Special Offer: Alice Blue Free equity delivery trading (truly no brokerage) and Flat Rs 20 intranet and F&O trade brokerage. Get the offer

Alice Blue Vs Groww Brokerage Plan 2

  Alice Blue Groww
Account Type Trade Pro Plan Standard Plan
Fixed Charges NA
Equity Delivery Brokerage 0.1% Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage 0.01% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.01% NA
Equity Options Brokerage Rs 20 per lot NA
Currency Futures Trading Brokerage Rs 10 per lot NA
Currency Options Trading Brokerage Rs 20 per lot NA
Commodity Futures Trading Brokerage 0.01% NA
Commodity Options Trading Brokerage Rs 20 per lot NA

Alice Blue Charges Vs Groww

Minimum Brokerage Charges Rs 0 Rs 20 or 0.05% per executed order
Other Brokerage Charges Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges Rs 20 per executed order NA
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Alice Blue Vs Groww Transaction Charges

Alice Blue transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side) while Groww exchange transaction charges for options is NA.

  Alice Blue Groww
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side) NA
Equity Options NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side) NA
Currency Futures NSE Rs 135 per Cr (0.00135%) NA
Currency Options NSE Rs 4400 per Cr (0.044%) (on premium) NA
Commodity Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%) NA
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Alice Blue Vs Groww Leverage (Margin)

Alice Blue provides the margin of Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).

  Alice Blue Groww
Equity Delivery Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x 1x (no margin)
Equity Intraday Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x Up to 8x (based on the stock)
Equity Futures Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x NA
Equity Options Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x NA
Currency Futures Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x NA
Currency Options Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x NA
Commodity Futures Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x NA
Commodity Options NA
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Compare Alice Blue and Groww Features

The trading platforms offered Alice Blue include Front End: ANT | Back End: Omnesys NEST. Groww offers Groww trading software.

  Alice Blue Groww
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform Front End: ANT | Back End: Omnesys NEST Groww
Intraday Square-off Time Equity: 3:15PM 3:10 PM
Other Features
Referral Program
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Alice Blue Vs Groww Review

Alice Blue is rated 3.4 of 5 based on 31 customer reviews whereas Groww is rated 3.9 of 5 based on 9 customer reviews.

  Alice Blue Groww
  31 Customer Reviews    Rate Alice Blue 9 Customer Reviews    Rate Groww
Fees 3.8 4.3
Trading Brokerage 3.7 4.3
Trading Platform Usability 3.5 3.7
Customer Service 3.0 3.6
Research Capabilities 1.9 2.2
Overall Ratings Rated 3.4 stars Rated 3.9 stars
Broker Rating Alice Blue is rated 3.4 of 5 based on 31 customer reviews Groww is rated 3.9 of 5 based on 9 customer reviews
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Contact Broker / Request A Call Back

  Alice Blue Enquire Groww Enquire
Contact Broker

Alice Blue Free equity delivery trading (truly no brokerage) and Flat Rs 20 intranet and F&O trade brokerage. Get the offer

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Alice Blue Vs Groww Investment Options

  Alice Blue Groww
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Digital Gold, US Stocks, Fixed Deposits
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Alice Blue Vs Groww Order Type Offered

  Alice Blue Groww
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) No No
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Alice Blue Vs Groww Research Report

  Alice Blue Groww
Daily Market Report Yes No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Alice Blue Vs Groww Suitable For Investor Type

  Alice Blue Groww
Casual Investor Yes
Active Investor Yes
Trader Yes
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Alice Blue Vs Groww - Pros and Cons

  Alice Blue Groww
Pros
  • Discount stock broker.
  • Most advance trading platform.
  • Free equity delivery trades. No brokerage.
  • 01% or Rs 20 whichever is less brokerage for intraday and F&O.
  • Up to 20x margin in equity intraday.
Cons
  • Online Mutual Fund investment is not available.
  • Margin funding is not available.
  • Good Till Cancelled (GTC) orders not available.
  • Call & Trade is available with additional cost of Rs 20 per order.
Reviews
Promo / Offers

Free Equity Delivery Trade

Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 intranet and F&O trade brokerage. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you.

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