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Sharekhan Vs Alice Blue (Compare Sharekhan and Alice Blue)

Sharekhan Logo

About Sharekhan
Designed for the Serious and established in 2000, Sharekhan is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), the Sharekhan app and the InvesTiger app (both available for Android and iOS devices). Designed for serious Investors and Trader... Know more about Sharekhan

Alice Blue Financial Services Logo

About Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL. AliceBlue offers one simple brokerage plans, Freedom 15 (F15) to its customers. The flat fee brokerage plan F15 minimizes the brokerage fee so that customers incur the lowest cost while trading. It is a discount brokerage plan which offers brokerages free equi... Know more about Alice Blue Financial Services

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Sharekhan Vs Alice Blue

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Sharekhan Alice Blue
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 2000
Number of Branches 2800
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Sharekhan Vs Alice Blue Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Alice Blue account opening changes is Rs 150. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Alice Blue Demat Account AMC Charges is Rs 400.

  Sharekhan Alice Blue
Trading Account Opening Charges Rs 0 (Free) Rs 150
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 400

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Sharekhan Vs Alice Blue Brokerage

Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.05% whichever is lower.

Account Type Sharekhan Classic Account Alice Blue Freedom 15 (F15)
Fixed Charges
Equity Delivery 0.30% on market rate or minimum 1 paisa per share Rs 0 (Free)
Equity Intraday 0.02% on market rate or minimum 1 paisa per share Rs 15 per order or 0.05% whichever is lower
Equity Futures 0.02% per transaction value Rs 15 per order or 0.05% whichever is lower
Equity Options Rs 20 per lot Rs 15 per order
Currency Futures 0.02% per transaction value Rs 15 per order or 0.05% whichever is lower
Currency Options Rs 5 per lot Rs 15 per order
Commodity Futures 0.02% Rs 15 per order or 0.05% whichever is lower
Commodity Options Rs 20 per lot Rs 15 per order
Special Offer

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.

Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

Sharekhan Vs Alice Blue Brokerage Plan 2

  Sharekhan Alice Blue
Account Type Prepaid - Rs 1 Lakh Freedom 15 (F15)
Fixed Charges Rs 1,00,000 per year
Equity Delivery 0.10% Rs 0 (Free)
Equity Intraday 0.015% Rs 15 per order or 0.05% whichever is lower
Equity Futures 0.015% Rs 15 per order or 0.05% whichever is lower
Equity Options 0.05% or Rs 63 per lot Rs 15 per order
Currency Futures Rs 15 per order or 0.05% whichever is lower
Currency Options Rs 15 per order
Commodity Futures Rs 15 per order or 0.05% whichever is lower
Commodity Options Rs 15 per order
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Sharekhan Vs Alice Blue Brokerage Plan 3

  Sharekhan Alice Blue
Account Type Margin - Rs 1 Lakh Freedom 15 (F15)
Fixed Charges Rs 1,00,000 margin
Equity Delivery 0.25% Rs 0 (Free)
Equity Intraday 0.05% Rs 15 per order or 0.05% whichever is lower
Equity Futures 0.05% Rs 15 per order or 0.05% whichever is lower
Equity Options 1% or Rs 70 per lot Rs 15 per order
Currency Futures Rs 15 per order or 0.05% whichever is lower
Currency Options Rs 15 per order
Commodity Futures Rs 15 per order or 0.05% whichever is lower
Commodity Options Rs 15 per order
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Sharekhan Charges Vs Alice Blue

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share Rs 0
Other Charges
Call & Trade Charges Rs 20 Rs 20 per executed order

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Sharekhan Vs Alice Blue Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (on premium) while Alice Blue exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Sharekhan Alice Blue
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05% Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
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Sharekhan Vs Alice Blue Leverage (Margin)

Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Sharekhan Alice Blue
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)
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Compare Sharekhan and Alice Blue Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

  Sharekhan Alice Blue
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) No
Trading Platform TradeTiger, Sharekhan Mobile Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time 3:30 PM Equity: 3:15PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features Pattern finder, Class room training
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Sharekhan Vs Alice Blue Review

Sharekhan is rated 3.3 of 5 based on 312 customer reviews whereas Alice Blue is rated 3.1 of 5 based on 40 customer reviews.

  Sharekhan Alice Blue
  312 Customer Reviews    Rate Sharekhan 40 Customer Reviews    Rate Alice Blue
Fees 3.0 3.7
Brokerage 2.8 3.7
Trading Platform 3.7 3.3
Customer Service 3.3 2.9
Research Capabilities 3.1 1.9
Overall Ratings Rated 3.3 stars Rated 3.1 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 312 customer reviews Alice Blue is rated 3.1 of 5 based on 40 customer reviews

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Contact Broker / Request A Call Back

  Sharekhan Enquire Alice Blue Enquire
Contact Broker 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. Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

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Sharekhan Vs Alice Blue Investment Options

  Sharekhan Alice Blue
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading

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Sharekhan Vs Alice Blue Order Type Offered

  Sharekhan Alice Blue
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
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Sharekhan Vs Alice Blue Research Report

  Sharekhan Alice Blue
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Sharekhan Vs Alice Blue Suitable For Investor Type

  Sharekhan Alice Blue
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

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Sharekhan Vs Alice Blue - Pros and Cons

  Sharekhan Alice Blue
Pros
  1. Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices.
  2. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them.
  3. Sharekhan offers online and classroom training, seminars and workshops to investors.
  4. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account.
  5. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free.
  6. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood.
  7. Call & Trade facility is free with Sharekhan.
  8. Sharekhan allows fixed deposits as collateral for future and option trading.
  • Free equity delivery trades. No brokerage.
  • Flat Rs 15 brokerage for intraday and F&O.
  • Advance online trading platform.
Cons
  1. Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services.
  2. Classic account holders cannot trade Commodities, as the segment has to be activated separately.
  3. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.
  • 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

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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Alice Blue Special Offer

Free Equity Delivery Trade

Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.

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