Angel Broking Vs Alice Blue Share Broker Comparison
The side-by-side comparison of Angel Broking Ltd and Alice Blue Financial Services stock brokers in India. The comparison below highlights the similarities and differences between Angel Broking and Alice Blue's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Angel Broking and Alice Blue.
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Angel Broking Ltd |
Alice Blue Financial Services |
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| About the Broker |
Angel Broking is one of the largest full-service retail broking houses in India. The technology-led financial services company is providing broking and advisory services, margin funding, loans against shares (through one of our Subsidiary, Angel Finc...  |
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
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE, MCX |
BSE, NSE, MCX |
| Account Type
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Angel Diet |
F20 |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Angel Broking Ltd |
Alice Blue Financial Services |
| Trading Account Opening Fees
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₹0 |
Equity ₹310 | Commodity ₹120 |
| Trading Account AMC
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₹0 |
₹0 |
| Demat Account Opening Fees
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₹0 |
₹0 |
| Demat Account AMC
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₹450 |
₹0 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Angel Broking Ltd |
Alice Blue Financial Services |
| Account Type |
Angel Diet |
F20 |
| Fixed Charges
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| Equity Delivery Brokerage
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0.128% to 0.40% |
₹0 (Free) |
| Equity Intraday Brokerage
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0.0128% to 0.04% |
₹20 per executed order or 0.01 whichever lower |
| Equity Futures Brokerage
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0.0128% to 0.04% |
₹20 per executed order or 0.01 whichever lower |
| Equity Options Brokerage
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₹32 per lot to ₹50 per lot |
₹20 per executed order or 0.01 whichever lower |
| Currency Futures Trading Brokerage
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0.0096% to 0.03% |
₹20 per executed order or 0.01 whichever lower |
| Currency Options Trading Brokerage
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₹12 per lot to ₹15 per lot |
₹20 per executed order or 0.01 whichever lower |
| Commodity Futures Trading Brokerage
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0.128% to 0.40% |
₹20 per executed order or 0.01 whichever lower |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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5 paisa per share |
₹0 |
| Other Brokerage Charges
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| Call & Trade Charges
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₹20 per executed order |
Taxes
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Angel Broking Ltd |
Alice Blue Financial Services |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Angel Broking Ltd |
Alice Blue Financial Services |
| Equity Delivery
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NSE ₹325 per crore | BSE ₹325 per crore |
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Intraday
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NSE ₹325 per crore | BSE ₹325 per crore |
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Futures
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₹190 per crore |
NSE ₹210 per crore | BSE ₹1 per trade (each side) |
| Equity Options
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₹5000 (on premium) per crore |
NSE ₹5300 per crore | BSE ₹1 per trade (each side) |
| Currency Futures
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₹190 per crore |
NSE ₹135 per crore (0.00135%) |
| Currency Options
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₹5000 (on premium) per crore |
NSE ₹4400 (on premium) per crore (0.044%) |
| Commodity
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MCX ₹150 per crore | NCDEX ₹300 per crore |
Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore |
Exposure
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Angel Broking Ltd |
Alice Blue Financial Services |
| Equity Delivery
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3x (A category) |
| Equity Intraday
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Up to 20x (based on the stock) |
| Equity Futures
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Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options
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Intraday - 3x Buy & 10x Sell, Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Futures
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Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options
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Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity
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Intraday - 10%(10x), Carry forward - 100%(1x) of Total span margin |
Share Broker Features
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Angel Broking Ltd |
Alice Blue Financial Services |
| 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 Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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Angel Swift, Angel Eye, Speed Pro, Angel Lite |
Front End: ANT | Back End: Omnesys NEST |
| Intraday Square-off Time
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3:15 PM |
Equity: 3:15PM |
| Other Features
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Trading software terminal: ODIN(Angel) diet |
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Broker Ratings (Average User Rating)
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Angel Broking Ltd |
Alice Blue Financial Services |
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169 Customer Reviews  |
15 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Angel Broking is Rated 2.9 / 5 based on 169 customer reviews |
Alice Blue is Rated 4.5 / 5 based on 15 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Angel Broking Ltd |
Alice Blue Financial Services |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Angel Broking Ltd |
Alice Blue Financial Services |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Angel Broking Ltd |
Alice Blue Financial Services |
| 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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Research / Tips / Reports Published
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Angel Broking Ltd |
Alice Blue Financial Services |
| 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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Suitable for Investor Category
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Angel Broking Ltd |
Alice Blue Financial Services |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Angel Broking Ltd |
Alice Blue Financial Services |
| Pros
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- Zero AMC Demat account with one time payment of ₹1500.
- Allows trade in commodity exchanges, MCX and NCDEX
- Easy-to-use online trading platforms
- High Quality Research Reports
- Offers SpeedPro, Angel swift, Angel eye Angel Lite, trading tools that can be used with low GPRS connectivity
More Advantages... |
- 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.
- Demat AMC is free for lifetime for all customers.
More Advantages... |
| Cons
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- Do not have online chart.
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
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| Promo / Offers
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Free Life Time AMC on Trading & Demat Account
Get free life time AMC on your demat and trading account when you pay ₹1500 (payable in 2nd year). Request a callback today. |
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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Enquire about Angel Broking
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Zero Account Opening Fee