Alice Blue Vs Indira Securities (Compare Alice Blue and Indira Securities)

Alice Blue Vs Indira Securities

Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.

	Alice Blue	Indira Securities
Type of Broker	Discount Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX	BSE, NSE, MCX and NCDEX
Account Type	Freedom 20	Traditional Plan
Year of Incorporation		1987
Number of Branches		335
Broker Enquiry

Alice Blue Vs Indira Securities Charges & AMC

Alice Blue trading account opening charges is Equity ₹310 | MCX ₹200 | ₹500 All segments while Indira Securities account opening changes is ₹0 (Free). Alice Blue Demat Account AMC Charges is ₹400 and Indira Securities Demat Account AMC Charges is ₹450 (Free for 1st year).

	Alice Blue	Indira Securities
Trading Account Opening Charges	Equity ₹310 | MCX ₹200 | ₹500 All segments	₹0 (Free)
Trading Account AMC Charges	₹0	₹0 (Free)
Demat Account Opening Charges	₹0	₹0 (Free)
Demat Account AMC Charges	₹400	₹450 (Free for 1st year)

Alice Blue Vs Indira Securities Brokerage

Alice Blue brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per order or 0.01% whichever is lower whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

	Alice Blue	Indira Securities
Account Type	Freedom 20	Traditional Plan
Fixed Charges
Equity Delivery Brokerage	₹0 (Free)	0.10%
Equity Intraday Brokerage	₹20 per order or 0.01% whichever is lower	0.01%
Equity Futures Brokerage	₹20 per order or 0.01% whichever is lower	0.01%
Equity Options Brokerage	₹20 per order	₹25 per lot (both side)
Currency Futures Trading Brokerage	₹20 per order or 0.01% whichever is lower	0.01%
Currency Options Trading Brokerage	₹10 per order	₹25 per lot (both side)
Commodity Futures Trading Brokerage	₹20 per order or 0.01% whichever is lower	0.01%
Commodity Options Trading Brokerage	₹20 per order	₹25 per lot (both side)
Special Offer	Special Offer: Alice Blue Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer	Special Offer: FREE Account Opening (₹650 waived) + Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Alice Blue Vs Indira Securities Brokerage Plan 2

	Alice Blue	Indira Securities
Account Type	Trade Pro Plan	Discount Brokerage Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.1%	₹20 per executed order
Equity Intraday Brokerage	0.01%	₹20 per executed order
Equity Futures Brokerage	0.01%	₹20 per executed order
Equity Options Brokerage	₹20 per lot	₹20 per executed order
Currency Futures Trading Brokerage	₹10 per lot	₹20 per executed order
Currency Options Trading Brokerage	₹20 per lot	₹20 per executed order
Commodity Futures Trading Brokerage	0.01%	₹20 per executed order
Commodity Options Trading Brokerage	₹20 per lot	₹20 per executed order

Alice Blue Charges Vs Indira Securities

Minimum Brokerage Charges	₹0	₹20 per executed order
Other Brokerage Charges
Call & Trade Charges	₹20 per executed order	₹0 (Free)

Alice Blue Vs Indira Securities Transaction Charges

Alice Blue transaction charges for options is NSE ₹5300 per Cr (0.053%) | BSE ₹1 per trade (each side) while Indira Securities exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium).

	Alice Blue	Indira Securities
Equity Delivery	NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)	NSE ₹325 per Cr (0.00325%)
Equity Intraday	NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)	NSE ₹325 per Cr (0.00325%)
Equity Futures	NSE ₹210 per Cr (0.0021%) | BSE ₹1 per trade (each side)	NSE ₹190 per Cr (0.0019%)
Equity Options	NSE ₹5300 per Cr (0.053%) | BSE ₹1 per trade (each side)	NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures	NSE ₹135 per Cr (0.00135%)	NSE ₹120 per Cr (0.0012%)
Currency Options	NSE ₹4400 per Cr (0.044%) (on premium)	NSE ₹500 per Cr (0.005%) (on premium)
Commodity	Non-Agri ₹360 per Cr (0.0036%) | Agri ₹275 per Cr (0.00275%)	Non-Agri: ₹260 per Cr (0.0026%) | Agri: ₹600 per Cr (0.006%)

Alice Blue Vs Indira Securities Leverage (Margin)

Alice Blue provides the margin of Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x for intraday trades whereas the Indira Securities margin for intraday cash is Up to 10x (based on the stock).

	Alice Blue	Indira Securities
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 10x (based on the stock)
Equity Futures	Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x	1x (no margin)
Currency Futures	Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x	1x (no margin)
Commodity Futures	Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Commodity Options		1x (no margin)

Compare Alice Blue and Indira Securities Features

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

	Alice Blue	Indira Securities
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	ODIN
Intraday Square-off Time	Equity: 3:15PM	3:15 PM
Other Features
Referral Program

Alice Blue Vs Indira Securities Review

Alice Blue is rated 3.5 of 5 based on 29 customer reviews whereas Indira Securities is rated 4.5 of 5 based on 2 customer reviews.

	Alice Blue	Indira Securities
	29 Customer Reviews	2 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Alice Blue is rated 3.5 of 5 based on 29 customer reviews	Indira Securities is rated 4.5 of 5 based on 2 customer reviews

Alice Blue Vs Indira Securities Investment Options

	Alice Blue	Indira Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Alice Blue Vs Indira Securities Order Type Offered

	Alice Blue	Indira Securities
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 Indira Securities Research Report

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

Alice Blue Vs Indira Securities Suitable For Investor Type

	Alice Blue	Indira Securities
Casual Investor
Active Investor
Trader

Alice Blue Vs Indira Securities - Pros and Cons

	Alice Blue	Indira Securities
Pros	Discount stock broker. Most advance trading platform. Free equity delivery trades. No brokerage. 01% or ₹20 whichever is less brokerage for intraday and F&O. Up to 20x margin in equity intraday.	Full-service broker offering discount brokerage plan. Relationship manager even for online customers. Offers ODIN as trading platform. Investment in mutual fund for free. Pan India presence with hundreds of branches, and business partners. No charges for Call & Trade and Auto Square-off.
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 ₹20 per order.	Flat-rate brokerage plans (₹20 per trade) is not available in MP and Rajasthan. Advance order types i.e. CO, and BO are not available in the mobile app. Doesn't offer NRI trading account.
Reviews
Promo / Offers	Free Equity Delivery Trade Get free equity delivery trading (truly no brokerage) and pay flat ₹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.	Free Equity Delivery Trading Get FREE equity delivery trading and pay flat ₹20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. To open an online paperless account, visit Indira Securities Website