Alice Blue Vs Groww (Compare Alice Blue and Groww)

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

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

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

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

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

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Front End: ANT | Back End: Omnesys NEST	Groww
Intraday Square-off Time	Equity: 3:15PM	3:10 PM
Other Features
Referral Program

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	9 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
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

Alice Blue Vs Groww Investment Options

	Alice Blue	Groww
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Digital Gold, US Stocks, Fixed Deposits

Alice Blue Vs Groww Order Type Offered

	Alice Blue	Groww
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Alice Blue Vs Groww Research Report

	Alice Blue	Groww
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Alice Blue Vs Groww Suitable For Investor Type

	Alice Blue	Groww
Casual Investor
Active Investor
Trader

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.