ICICIDirect Vs Alice Blue (Compare ICICIDirect and Alice Blue)
The side-by-side comparison of ICICIDirect and Alice Blue. Compare ICICIDirect Vs Alice Blue brokerage, charges, exposure margin, demat account. Read Alice Blue and ICICIDirect review.
Find out ICICIDirect Vs Alice Blue which is better and ICICIDirect Vs Alice Blue which is best.
Our ICICI Securities Pvt Ltd. comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between ICICIDirect and Alice Blue.
ICICIdirect is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group...
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
BSE, NSE
BSE, NSE, MCX
Account Type
3-in-1 Account (I-Secure Plan)
F20
Broker Enquiry
Year of Incorporation
2000
Number of Branches
154
ICICIDirect Vs Alice Blue Charges
ICICIDirect
Alice Blue
Trading Account Opening Fees
₹975
Equity ₹310 | Commodity ₹120
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
₹450
₹0
Demat Account is Mandatory?
No
No
ICICIDirect Vs Alice Blue Brokerage
Brokerage Plan 1
ICICIDirect
Alice Blue
Account Type
3-in-1 Account (I-Secure Plan)
F20
Fixed Charges
Equity Delivery Brokerage
0.55%
₹0 (Free)
Equity Intraday Brokerage
0.275%
₹20 per executed order or 0.01 whichever lower
Equity Futures Brokerage
0.05% to 0.03%
₹20 per executed order or 0.01 whichever lower
Equity Options Brokerage
₹95 to ₹35 per lot
₹20 per executed order or 0.01 whichever lower
Currency Futures Trading Brokerage
0.050% to 0.030%
₹20 per executed order or 0.01 whichever lower
Currency Options Trading Brokerage
₹25 to ₹10 per lot
₹20 per executed order or 0.01 whichever lower
Commodity Futures Trading Brokerage
NA
₹20 per executed order or 0.01 whichever lower
Commodity Options Trading Brokerage
NA
Brokerage Plan 2
ICICIDirect
Alice Blue
Account Type
I-Saver Plan
F20
Fixed Charges
Equity Delivery Brokerage
0.75% to 0.25%
₹0 (Free)
Equity Intraday Brokerage
0.75% to 0.25%
₹20 per executed order or 0.01 whichever lower
Equity Futures Brokerage
0.05% to 0.03%
₹20 per executed order or 0.01 whichever lower
Equity Options Brokerage
₹95 to ₹65 per lot
₹20 per executed order or 0.01 whichever lower
Currency Futures Trading Brokerage
0.05% to 0.03%
₹20 per executed order or 0.01 whichever lower
Currency Options Trading Brokerage
₹95 to ₹65 per lot
₹20 per executed order or 0.01 whichever lower
Commodity Futures Trading Brokerage
NA
₹20 per executed order or 0.01 whichever lower
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹35 per trade
₹0
Other Brokerage Charges
Call & Trade Charges
₹25 per call after first 20 free calls per month
₹20 per executed order
ICICIDirect Vs Alice Blue Taxes
ICICIDirect
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.
ICICIDirect Vs Alice Blue Transaction Charges
ICICIDirect
Alice Blue
Equity Delivery
NSE: 0.0031% | BSE: 0.0028%
NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday
NSE: 0.0031% | BSE: 0.0028%
NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures
0.0018%
NSE ₹210 per crore | BSE ₹1 per trade (each side)
Equity Options
0.05% on Premium
NSE ₹5300 per crore | BSE ₹1 per trade (each side)
Currency Futures
0.0012%
NSE ₹135 per crore (0.00135%)
Currency Options
0.05% on Premium
NSE ₹4400 (on premium) per crore (0.044%)
Commodity
NA
Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore
ICICIDirect Vs Alice Blue Exposure Margin
ICICIDirect
Alice Blue
Equity Delivery
5x with Interest
3x (A category)
Equity Intraday
Upto 25x
Up to 20x (based on the stock)
Equity Futures
4x
Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
2x for shorting
Intraday - 3x Buy & 10x Sell, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures
NA
Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options
NA
Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures
NA
Intraday - 10%(10x), Carry forward - 100%(1x) of Total span margin
Commodity Options
ICICIDirect and Alice Blue Feature Comparison
ICICIDirect
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
ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App
Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time
3:30 PM
Equity: 3:15PM
Other Features
Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program
ICICIDirect Vs Alice Blue Review
ICICIDirect
Alice Blue
403 Customer Reviews
17 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
ICICIDirect is Rated 2.4 / 5 based on 403 customer reviews
Alice Blue is Rated 4.5 / 5 based on 17 customer reviews
Zerodha
Zero Account Opening Fee