Anand Rathi Vs Alice Blue (Compare Anand Rathi and Alice Blue)
The side-by-side comparison of Anand Rathi and Alice Blue. Compare Anand Rathi Vs Alice Blue brokerage, charges, exposure margin, demat account. Read Alice Blue and Anand Rathi review.
Find out Anand Rathi Vs Alice Blue which is better and Anand Rathi Vs Alice Blue which is best.
Our Anand Rathi comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Anand Rathi and Alice Blue.
Anand Rathi Vs Alice Blue
Anand Rathi
Alice Blue
Find more info about broker
About the Broker
Incorporated in 1994, Anand Rathi is Mumbai, India based firm engaged in financial and advisory services which includes wealth management, investment banking, corporate advisory, brokerage & distribution of equities, commodities, mutual funds and ins...
Incorporated in 2006, Alice Blue is a Bangalore based financial service provider. AliceBlue is a discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) throu...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
NSE, BSE, MCX, NCDEX & NSEL
BSE, NSE, MCX
Account Type
Standard Plan
F20
Broker Enquiry
Year of Incorporation
1994
Number of Branches
1200
Enquire Anand Rathi
Enquire Alice Blue
Anand Rathi Vs Alice Blue Charges
Anand Rathi
Alice Blue
Trading Account Opening Fees
₹750
Equity ₹310 | Commodity ₹120
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹550
₹0
Demat Account AMC
₹299 from second year onward
₹0
Demat Account is Mandatory?
No
No
Anand Rathi Vs Alice Blue Brokerage
Brokerage Plan 1
Anand Rathi
Alice Blue
Account Type
Standard Plan
F20
Fixed Charges
NA
Equity Delivery Brokerage
0.5% - 0.15%
₹0 (Free)
Equity Intraday Brokerage
0.05% -0.015%
₹20 per executed order or 0.01 whichever lower
Equity Futures Brokerage
0.05% - 0.015%
₹20 per executed order or 0.01 whichever lower
Equity Options Brokerage
₹75 to ₹20
₹20 per executed order or 0.01 whichever lower
Currency Futures Trading Brokerage
0.05% - 0.015%
₹20 per executed order or 0.01 whichever lower
Currency Options Trading Brokerage
₹75 to ₹20
₹20 per executed order or 0.01 whichever lower
Commodity Futures Trading Brokerage
0.008% - 0.05%
₹20 per executed order or 0.01 whichever lower
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹0
Other Brokerage Charges
Call & Trade Charges
₹20 per executed order
Anand Rathi Vs Alice Blue Taxes
Anand Rathi
Alice Blue
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Anand Rathi Vs Alice Blue Transaction Charges
Anand Rathi
Alice Blue
Equity Delivery
NSE ₹350 per Cr (0.0035%) | BSE ₹350 per Cr (0.0035%) (each side)
NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Intraday
NSE ₹350 per Cr (0.0035%) | BSE ₹350 per Cr (0.0035%) (each side)
NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Futures
NSE ₹410 per Cr (0.0041%) | BSE ₹210 per Cr (0.0021%) (each side)
NSE ₹210 per Cr (0.0021%) | BSE ₹1 per trade (each side)
Equity Options
₹7000 per Cr (0.07%)
NSE ₹5300 per Cr (0.053%) | BSE ₹1 per trade (each side)
Currency Futures
₹350 per Cr (0.0035%)
NSE ₹135 per Cr (0.00135%)
Currency Options
₹7000 per Cr (0.07%)
NSE ₹4400 per Cr (0.044%) (on premium)
Commodity
₹350 per Cr (0.0035%)
Non-Agri ₹360 per Cr (0.0036%) | Agri ₹275 per Cr (0.00275%)
Anand Rathi Vs Alice Blue Exposure Margin
Anand Rathi
Alice Blue
Equity Delivery
upto 4x
3x (A category)
Equity Intraday
Upto 10x
Up to 20x (based on the stock)
Equity Futures
Upto 2x
Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
Upto 2x for shorting
Intraday - 3x Buy & 10x Sell, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures
Upto 2x
Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options
Upto 2x for shorting
Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures
Upto 2x
Intraday - 10%(10x), Carry forward - 100%(1x) of Total span margin
Commodity Options
Anand Rathi and Alice Blue Feature Comparison
Anand Rathi
Alice Blue
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
Trade X
Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time
Equity: 3:15PM
Other Features
Referral Program
Anand Rathi Vs Alice Blue Review
Anand Rathi
Alice Blue
12 Customer Reviews
19 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Anand Rathi is Rated 3.1 / 5 based on 12 customer reviews Alice Blue is Rated 4.3 / 5 based on 19 customer reviews
Anand Rathi Vs Alice Blue Investment Options
Anand Rathi
Alice Blue
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Anand Rathi Vs Alice Blue Customer Service
Anand Rathi
Alice Blue
24/7 Customer Service
Onine Live Chat
Through Branches
Anand Rathi Vs Alice Blue Order Type Offered
Anand Rathi
Alice Blue
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Anand Rathi Vs Alice Blue Research Report
Anand Rathi
Alice Blue
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Anand Rathi Vs Alice Blue Suitable For Investor Type
Anand Rathi
Alice Blue
Casual Investor
Active Investor
Trader
Anand Rathi Vs Alice Blue - Advantages and Disadvantages
Anand Rathi
Alice Blue
Pros
They have 200 branches for extensive reach.
call & trade is also available.
Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available.
Trading is available in both BSE and NSE.
Low bandwidth website is available for slow internet connection or for trading from mobile devices.
More Advantages...
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.
Demat AMC is free for lifetime for all customers.
More Advantages...
Cons
AnandRathi brokerage is high and not negotiable.
They don't offer 3 in 1 account.
There are some extra charges for their featured products.
More Disadvantages...
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.
More Disadvantages...
Reviews
Promo / Offers
Free Equity Delivery Trade + Lifetime FREE AMC Demat Account
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. In addition, get Lifetime Zero AMC Demat Account with no additional cost. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you.
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