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ICICI Direct Vs Alice Blue (Compare ICICI Direct and Alice Blue)

The side-by-side comparison of ICICI Direct and Alice Blue. Compare ICICI Direct Vs Alice Blue brokerage, charges, exposure margin, demat account. Read Alice Blue and ICICI Direct review.

Find out ICICI Direct Vs Alice Blue which is better and ICICI Direct 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 ICICI Direct and Alice Blue.

ICICI Direct Vs Alice Blue

	ICICI Direct	Alice Blue
Find more info about broker	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

About the Broker	ICICI Direct 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 Grou...	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	BSE, NSE, MCX
Account Type	3-in-1 Account (I-Secure Plan)	F20
Broker Enquiry
Year of Incorporation	2000
Number of Branches	154
	Enquire ICICI Direct	Enquire Alice Blue

ICICI Direct Vs Alice Blue Charges

	ICICI Direct	Alice Blue
Trading Account Opening Fees	₹975	Equity ₹310 \| MCX ₹200 \| ₹500 All segments
Trading Account AMC	₹0	₹0
Demat Account Opening Fees	₹0	₹0
Demat Account AMC	₹450 (First Year- NIL)	₹400
Demat Account is Mandatory?	No	No

ICICI Direct Vs Alice Blue Brokerage

Brokerage Plan 1

	ICICI Direct	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
Equity Futures Brokerage	0.05% to 0.03%	₹20
Equity Options Brokerage	₹95 to ₹35 per lot	₹20
Currency Futures Trading Brokerage	0.050% to 0.030%	₹20
Currency Options Trading Brokerage	₹25 to ₹10 per lot	₹20
Commodity Futures Trading Brokerage	NA	₹20
Commodity Options Trading Brokerage	NA	₹20
Special Offer	Special Offer: Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.	Special Offer: Alice Blue Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer

Brokerage Plan 2

	ICICI Direct	Alice Blue
Account Type	I-Saver Plan	Traditional Plan
Fixed Charges
Equity Delivery Brokerage	0.75% to 0.25%	0.1%
Equity Intraday Brokerage	0.75% to 0.25%	0.01%
Equity Futures Brokerage	0.05% to 0.03%	0.01%
Equity Options Brokerage	₹95 to ₹65 per lot	0.01%
Currency Futures Trading Brokerage	0.05% to 0.03%	0.01%
Currency Options Trading Brokerage	0.25 to ₹65 per lot	0.01%
Commodity Futures Trading Brokerage	NA	0.01%
Commodity Options Trading Brokerage	NA	0.01%

Brokerage Plan 3

	ICICI Direct	Alice Blue
Account Type	ICICIdirect Prime Plan	F20
Fixed Charges	₹900
Equity Delivery Brokerage	0.25%	₹0 (Free)
Equity Intraday Brokerage	0.25%	₹20
Equity Futures Brokerage	0.025%	₹20
Equity Options Brokerage	₹35	₹20
Currency Futures Trading Brokerage	₹0	₹20
Currency Options Trading Brokerage	₹0	₹20
Commodity Futures Trading Brokerage	NA	₹20
Commodity Options Trading Brokerage	NA	₹20

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

ICICI Direct Vs Alice Blue Taxes

ICICI Direct

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.

ICICI Direct Vs Alice Blue Transaction Charges

	ICICI Direct	Alice Blue
Equity Delivery	NSE ₹310 per Cr (0.0031%) \| BSE ₹280 per Cr (0.0028%) (each side)	NSE ₹325 per Cr (0.00325%) \| BSE ₹1 per trade (each side)
Equity Intraday	NSE ₹310 per Cr (0.0031%) \| BSE ₹280 per Cr (0.0028%) (each side)	NSE ₹325 per Cr (0.00325%) \| BSE ₹1 per trade (each side)
Equity Futures	₹180 per Cr (0.0018%)	NSE ₹210 per Cr (0.0021%) \| BSE ₹1 per trade (each side)
Equity Options	₹5000 per Cr (0.05%) (on premium)	NSE ₹5300 per Cr (0.053%) \| BSE ₹1 per trade (each side)
Currency Futures	₹120 per Cr (0.0012%)	NSE ₹135 per Cr (0.00135%)
Currency Options	₹5000 per Cr (0.05%) (on premium)	NSE ₹4400 per Cr (0.044%) (on premium)
Commodity	NA	Non-Agri ₹360 per Cr (0.0036%) \| Agri ₹275 per Cr (0.00275%)

ICICI Direct Vs Alice Blue Exposure Margin

	ICICI Direct	Alice Blue
Equity Delivery	5x with Interest	Intraday: 20x \| Bracket Order: 20x \| Cover Order: NA \| CNC-Delivery: 3x
Equity Intraday	Upto 25x	Intraday: 20x \| Bracket Order: 20x \| Cover Order: NA \| CNC-Delivery: 3x
Equity Futures	4x	Intraday: 10x \| Bracket Order: 20x \| Cover Order: 20x \| CNC-Delivery: 1x
Equity Options	2x for shorting	Intraday: Buy-3x Sell 10x \| Bracket Order: NA \| Cover Order: NA \| CNC-Delivery: 1x
Currency Futures	NA	Intraday: 10x \| Bracket Order: 20x \| Cover Order: 20x \| CNC-Delivery: 1x
Currency Options	NA	Intraday: Buy-3x Sell 10x \| Bracket Order: NA \| Cover Order: NA \| CNC-Delivery: 1x
Commodity Futures	NA	Intraday: 10x \| Bracket Order: 20x \| Cover Order: 20x \| CNC-Delivery: 1x
Commodity Options

ICICI Direct and Alice Blue Feature Comparison

	ICICI Direct	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

ICICI Direct Vs Alice Blue Review

	ICICI Direct	Alice Blue
	411 Customer Reviews	20 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICI Direct is Rated 2.4 / 5 based on 411 customer reviews	Alice Blue is Rated 4.3 / 5 based on 20 customer reviews

Contact Broker / Request A Call Back

	ICICI Direct Enquire	Alice Blue Enquire
Contact Broker	Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback. Name Phone # Email City Name State Are you a day trader?	Alice Blue Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer Name Phone # Email City Name State Are you a day trader?

ICICI Direct Vs Alice Blue Investment Options

	ICICI Direct	Alice Blue
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS

ICICI Direct Vs Alice Blue Customer Service

	ICICI Direct	Alice Blue
24/7 Customer Service
Onine Live Chat
Through Branches

ICICI Direct Vs Alice Blue Order Type Offered

	ICICI Direct	Alice Blue
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

ICICI Direct Vs Alice Blue Research Report

	ICICI Direct	Alice Blue
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

ICICI Direct Vs Alice Blue Suitable For Investor Type

	ICICI Direct	Alice Blue
Casual Investor
Active Investor
Trader

ICICI Direct Vs Alice Blue - Advantages and Disadvantages

	ICICI Direct	Alice Blue
Pros	Offers 3-in-1 account which makes stock market investment very easy for casual investors. Wide range of investment options available under one portal. Provides a low bandwidth website which works well where internet connection is slow. GTC (good till cancellation) and off-market hours order placement facility is very useful. 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	ICICI Security charges highest brokerage in comparison to most of the retail broke₹in India. Very high 'minimum brokerage' of ₹35 per trade or 2.5% of the trade value whichever is lower. Poor performance of website is reported in peak hou₹of trading. Trading Terminal (Trade Racer) cost ₹75 per month if brokerage paid in a month is less then ₹750. Demat Account is mandatory. Commodity trading is not available for retail investors. Call & trade cost extra ₹25 per call after first 20 free calls in a month. 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	ICICI 3-in-1 Account ICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits. Interested in opening a trading account? Request Callback from a stock broker.	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.

Compare More Brokers:

ICICI Direct Vs Alice Blue (Compare ICICI Direct and Alice Blue)

ICICI Direct Vs Alice Blue

ICICI Direct Vs Alice Blue Charges

ICICI Direct Vs Alice Blue Brokerage

Brokerage Plan 1

Brokerage Plan 2

Brokerage Plan 3

Other Charges

ICICI Direct Vs Alice Blue Taxes

ICICI Direct Vs Alice Blue Transaction Charges

ICICI Direct Vs Alice Blue Exposure Margin

ICICI Direct and Alice Blue Feature Comparison

ICICI Direct Vs Alice Blue Review

Contact Broker / Request A Call Back

ICICI Direct Vs Alice Blue Investment Options

ICICI Direct Vs Alice Blue Customer Service

ICICI Direct Vs Alice Blue Order Type Offered

ICICI Direct Vs Alice Blue Research Report

ICICI Direct Vs Alice Blue Suitable For Investor Type

ICICI Direct Vs Alice Blue - Advantages and Disadvantages

ICICI 3-in-1 Account

Free Equity Delivery Trade + Lifetime FREE AMC Demat Account

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