AxisDirect Vs Alice Blue (Compare AxisDirect and Alice Blue)
The side-by-side comparison of AxisDirect and Alice Blue. Compare AxisDirect Vs Alice Blue brokerage, charges, exposure margin, demat account. Read Alice Blue and AxisDirect review.
Find out AxisDirect Vs Alice Blue which is better and AxisDirect Vs Alice Blue which is best.
Our Axis Securities comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between AxisDirect and Alice Blue.
AxisDirect Vs Alice Blue
AxisDirect
Alice Blue
Find more info about broker
About the Broker
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDir...
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 o...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
Trade@20 (SA75000)
F20
Broker Enquiry
Year of Incorporation
2006
Number of Branches
56
Enquire AxisDirect
Enquire Alice Blue
AxisDirect Vs Alice Blue Charges
AxisDirect
Alice Blue
Trading Account Opening Fees
₹900
Equity ₹310 | MCX ₹200 | ₹500 All segments
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
₹650
₹400
Demat Account is Mandatory?
No
No
AxisDirect Vs Alice Blue Brokerage
Brokerage Plan 2
AxisDirect
Alice Blue
Account Type
Fixed Brokerage Plan
Traditional Plan
Fixed Charges
Equity Delivery Brokerage
0.50% (Each Leg)
0.1%
Equity Intraday Brokerage
0.05% (Each Leg)
0.01%
Equity Futures Brokerage
0.05% (Each Leg)
0.01%
Equity Options Brokerage
Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
0.01%
Currency Futures Trading Brokerage
0.05% (Each Leg)
0.01%
Currency Options Trading Brokerage
Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
0.01%
Commodity Futures Trading Brokerage
0.03% (Each Leg)
0.01%
Commodity Options Trading Brokerage
₹50 per lot
0.01%
Other Charges
Minimum Brokerage Charges
₹20 per trade
₹0
Other Brokerage Charges
Call & Trade Charges
₹20 per call
₹20 per executed order
AxisDirect Vs Alice Blue Taxes
AxisDirect
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.
AxisDirect Vs Alice Blue Transaction Charges
AxisDirect
Alice Blue
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Futures
NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
NSE ₹210 per Cr (0.0021%) | BSE ₹1 per trade (each side)
Equity Options
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
NSE ₹5300 per Cr (0.053%) | BSE ₹1 per trade (each side)
Currency Futures
₹190 per Cr (0.0019%)
NSE ₹135 per Cr (0.00135%)
Currency Options
₹5000 per Cr (0.05%) (on premium)
NSE ₹4400 per Cr (0.044%) (on premium)
Commodity
Non-Agri ₹360 per Cr (0.0036%) | Agri ₹275 per Cr (0.00275%)
AxisDirect Vs Alice Blue Exposure Margin
AxisDirect
Alice Blue
Equity Delivery
100% (1x)
Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Intraday
Upto 10x
Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Futures
100% (1x)
Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity Options
100% (1x)
Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Currency Futures
100% (1x)
Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Currency Options
100% (1x)
Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Commodity Futures
3x
Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity Options
100% (1x)
AxisDirect and Alice Blue Feature Comparison
AxisDirect
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
DirectTrade, Axisdirect Web, Axisdirect Mobile
Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time
3:15
Equity: 3:15PM
Other Features
Referral Program
AxisDirect Vs Alice Blue Review
AxisDirect
Alice Blue
53 Customer Reviews
20 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
AxisDirect is Rated 2.2 / 5 based on 53 customer reviews Alice Blue is Rated 4.3 / 5 based on 20 customer reviews
AxisDirect Vs Alice Blue Investment Options
AxisDirect
Alice Blue
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Loans, ETF, Corporate FD
AxisDirect Vs Alice Blue Customer Service
AxisDirect
Alice Blue
24/7 Customer Service
Onine Live Chat
Through Branches
AxisDirect Vs Alice Blue Order Type Offered
AxisDirect
Alice Blue
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
AxisDirect Vs Alice Blue Research Report
AxisDirect
Alice Blue
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
AxisDirect Vs Alice Blue Suitable For Investor Type
AxisDirect
Alice Blue
Casual Investor
Active Investor
Trader
AxisDirect Vs Alice Blue - Advantages and Disadvantages
AxisDirect
Alice Blue
Pros
Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
Offers 3-in-1 investment account
Free research reports
Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
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
Minimum Average Quarterly Balance(AQB) of ₹75,000 in bank account is required. ₹250 per month fee if minimum balance not maintained.
Charges ₹250 per month fee if you are not an axis bank customer.
Install-able trading terminal cost at ₹2999 per year which is mostly free by all discount brokers
Higher commodity and currency trading brokerage.
Call & Trade is charged ₹20 extra per trade
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.
Zerodha
Zero Account Opening Fee