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Tradingo
Edelweiss
5Paisa
IIFL Sec
Sharekhan
ICICIdirect
HDFC Sec
SBI Capital
Axis Direct
Kotak Sec
SAMCO
TradeSmart
Fyers
Alice Blue
Tradeplus
SAS Online
GCL Sec
Groww
About 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 one simple brokerage plans, Freedom 15 (F15) to its customers. The flat fee brokerage plan F15 minimizes the brokerage fee so that customers incur the lowest cost while trading. It is a discount brokerage plan which offers brokerages free equi... 
About 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...
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 |
| Exchnage Membership | BSE, NSE, MCX | NSE and BSE |
| Year of Incorporation | 2016 | |
| Number of Branches | 0 | |
| Open Alice Blue Account | Enquire Groww |
Alice Blue trading account opening charges is Rs 150 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 | Rs 150 | 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 |
Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 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.
| Account Type | Alice Blue Freedom 15 | Groww Standard Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 (Free) | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | Rs 15 per order or 0.01% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 15 per order or 0.01% whichever is lower | NA |
| Equity Options | Rs 15 per order | NA |
| Currency Futures | Rs 15 per order or 0.01% whichever is lower | NA |
| Currency Options | Rs 15 per order | NA |
| Commodity Futures | Rs 15 per order or 0.01% whichever is lower | NA |
| Commodity Options | Rs 15 per order | NA |
| Special Offer | Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.
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| Minimum Brokerage | Rs 0 | Rs 20 or 0.05% per executed order |
| Other Charges | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 | |
| Call & Trade Charges | Rs 20 per executed order | NA |
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 |
| Open Alice Blue Account | Enquire Groww |
Alice Blue margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Alice Blue | Groww | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Alice Blue Account | Enquire Groww |
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 |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity F&O) | |
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| 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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| Open Alice Blue Account | Enquire Groww |
Alice Blue is rated 3.3 of 5 based on 33 customer reviews whereas Groww is rated 4.0 of 5 based on 46 customer reviews.
| Alice Blue | Groww | |
|---|---|---|
33 Customer Reviews  |
46 Customer Reviews |
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| Broker Rating | Alice Blue is rated 3.3 of 5 based on 33 customer reviews | Groww is rated 4.0 of 5 based on 46 customer reviews |
| Alice Blue Enquire | Groww Enquire | |
|---|---|---|
| Contact Broker | Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. | Leave your contact information and we will get in touch with you.... |
| Alice Blue | Groww | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Bond / NCD | |
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| Other Investment Options | Digital Gold, US Stocks, Fixed Deposits |
| Alice Blue | Groww | |
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| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Open Alice Blue Account | Enquire Groww |
| Alice Blue | Groww | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Alice Blue | Groww | |
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| Casual Investor | |
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| Alice Blue | Groww | |
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| Reviews | Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors. |
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| Promo / Offers | Free Equity Delivery TradeTrade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today. |
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| Open Alice Blue Account | Enquire Groww |
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