About Alice Blue
Founded in 2006, Alice Blue is a Bengaluru-based discount broker that offers trading services across equity, derivatives, and commodities on BSE, NSE, and MCX. Alice Blue also provides depository (Demat) services through its membership with CDSL.
Alice Blue follows a simple pricing model with flat brokerage plans. For equity delivery, brokerage is charged at ₹20 per executed order or 2.5% (whichev... ![]()
About Share.Market
Share.Market, launched for the public in August 2023, is a stock market platform of PhonePe. This platform allows users to explore, invest, and trade in various financial instruments, including stocks, ETFs, Futures & Options (F&O), and WealthBaskets.
PhonePe, a popular digital payment platform, has launched a new app called Share.Market for share trading. The app is offered by PhonePe Wea... ![]()
Incorporated in 2006, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 25 branches across India. Incorporated in 2023, Share.Market is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.
| Alice Blue | Share.Market | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 2006 | 2023 |
| Number of Branches | 25 | 0 |
| Open Alice Blue Account |
Alice Blue trading account opening charges is Rs 0 while Share.Market account opening changes is Rs 0 (free). Alice Blue Demat Account AMC Charges is Rs 0 and Share.Market Demat Account AMC Charges is Rs 180 (free for 1st year).
| Alice Blue | Share.Market | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 (free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (free) |
| Demat Account AMC Charges | Rs 0 | Rs 180 (free for 1st year) |
Alice Blue Brokerage Charges for equity is Rs 20 per order or 2.5% whichever is lower and intraday is Rs 20 per order or 0.05% whichever is lower whereas Share.Market brokerage charges for equity is Rs 20 per executed order or 0.1% whichever is lower and Intraday is Rs 20 per executed order or 0.1% whichever is lower.
| Account Type | Alice Blue Flat Rs 20 | Share.Market Flat Brokerage Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per order or 2.5% whichever is lower | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Intraday | Rs 20 per order or 0.05% whichever is lower | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Futures | Rs 20 per order or 0.05% whichever is lower | Rs 20 per executed order |
| Equity Options | Rs 20 per order | Rs 20 per executed order |
| Currency Futures | Rs 20 per order or 0.05% whichever is lower | |
| Currency Options | Rs 20 per order | |
| Commodity Futures | Rs 20 per order or 0.05% whichever is lower | |
| Commodity Options | Rs 20 per order | |
| Special Offer | Special Offer: Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage Open FREE Alice Blue Account Today! | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Minimum Brokerage | Rs 20 | Rs 2 |
| Other Charges | Auto Square off charges: ₹30 per executed order | |
| Call & Trade Charges | Rs 50 per executed order | Rs 30 per executed order |
| Open Alice Blue Account |
Alice Blue margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Share.Market margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Alice Blue | Share.Market | |
|---|---|---|
| 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 |
The trading platforms offered Alice Blue include ANT, RISE, 1lyOption. Share.Market offers Share.Market website and mobile app trading software.
| Alice Blue | Share.Market | |
|---|---|---|
| 3 in 1 Account | ![]() | ![]() |
| Automated Trading | ![]() | ![]() |
| Margin Trading Funding | ![]() | ![]() |
| Margin Against Shares (Equity Cash) | ![]() | ![]() |
| Margin Against Shares (Equity F&O) | ![]() | ![]() |
| Trading Platform | ANT, RISE, 1lyOption | Share.Market website and mobile app |
| Intraday Square-off Time | Equity: 3:15 PM | 3:10 PM |
| Trading In SME Shares Allowed? | ![]() | ![]() |
| Referral Program | ![]() | ![]() |
| Other Features | Smart Alice, Equity SIP | Equity WealthBasket |
| Open Alice Blue Account |
Alice Blue is rated of 5 based on 41 customer reviews whereas Share.Market is rated of 5 based on 3 customer reviews.
| Alice Blue | Share.Market | |
|---|---|---|
| 41 Customer Reviews | 3 Customer Reviews | |
| Fees | ||
| Brokerage | ||
| Trading Platform | ||
| Customer Service | ||
| Research Capabilities | ||
| Overall Rating | ||
| Broker Rating | Alice Blue is Rated 3.1 / 5 based on 41 customer reviews | Share.Market is Rated 3.7 / 5 based on 3 customer reviews |
| Alice Blue | Share.Market | |
|---|---|---|
| Contact Broker | Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage Open FREE Alice Blue Account Today! | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Alice Blue | Share.Market | |
|---|---|---|
| Stock / Equity | ||
| Commodity | ||
| IPO | ||
| Mutual Funds | ||
| Bond / NCD | ||
| Debt |
| Alice Blue | Share.Market | |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
| Reviews | ||
| Promo / Offers | Alice Blue Special OfferExperience transparent pricing with no hidden fees at Alice Blue
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
|
| Open Alice Blue Account |