FREE Account Opening + No Clearing Fees
Loading...

IIFL Securities Vs Alice Blue (Compare IIFL Securities and Alice Blue)

IIFL Securities Ltd Logo

About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD... Know more about IIFL Securities Ltd

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

Expand

IIFL Securities Vs Alice Blue

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  IIFL Securities Alice Blue
Type of Broker Full Service Broker Discount Broker
Exchnage Membership NSE, BSE, MCX BSE, NSE, MCX
Year of Incorporation 1996
Number of Branches 900
Open IIFL Securities AccountOpen Alice Blue Account

Expand

IIFL Securities Vs Alice Blue Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while Alice Blue account opening changes is Rs 150. IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and Alice Blue Demat Account AMC Charges is Rs 400.

  IIFL Securities Alice Blue
Trading Account Opening Charges Rs 0 (Free) Rs 150
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 250 (Free for 1st year) Rs 400

Expand

IIFL Securities Vs Alice Blue Brokerage

IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order 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 IIFL Securities iServe Alice Blue Freedom 15 (F15)
Fixed Charges NA
Equity Delivery Rs 20 per order Rs 0 (Free)
Equity Intraday Rs 20 per order Rs 15 per order or 0.05% whichever is lower
Equity Futures Rs 20 per order Rs 15 per order or 0.05% whichever is lower
Equity Options Rs 20 per order Rs 15 per order
Currency Futures Rs 20 per order Rs 15 per order or 0.05% whichever is lower
Currency Options Rs 20 per order Rs 15 per order
Commodity Futures Rs 20 per order Rs 15 per order or 0.05% whichever is lower
Commodity Options Rs 20 per order Rs 15 per order
Special Offer
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL 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.

IIFL Securities Charges Vs Alice Blue

Minimum Brokerage Rs 0
Other Charges Advisory SMS - Rs 50 per month
Call & Trade Charges Rs 50 per call Rs 20 per executed order

Expand

IIFL Securities Vs Alice Blue Transaction Charges

IIFL Securities transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (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).

  IIFL Securities 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 325 per Cr (0.00325%) | 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 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Group A - Rs 280 per Cr (0.0028%) Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
Open IIFL Securities AccountOpen Alice Blue Account

Expand

IIFL Securities Vs Alice Blue Leverage (Margin)

IIFL Securities 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.

  IIFL Securities 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)
Open IIFL Securities AccountOpen Alice Blue Account

Expand

Compare IIFL Securities and Alice Blue Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

  IIFL Securities 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 No
Trading Platform IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time Equity: 3:15PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features
Open IIFL Securities AccountOpen Alice Blue Account

Expand

IIFL Securities Vs Alice Blue Review

IIFL Securities is rated 2.6 of 5 based on 130 customer reviews whereas Alice Blue is rated 3.1 of 5 based on 40 customer reviews.

  IIFL Securities Alice Blue
  130 Customer Reviews    Rate IIFL Securities 40 Customer Reviews    Rate Alice Blue
Fees 2.8 3.7
Brokerage 2.6 3.7
Trading Platform 3.2 3.3
Customer Service 2.6 2.9
Research Capabilities 3.0 1.9
Overall Ratings Rated 2.6 stars Rated 3.1 stars
Broker Rating IIFL Securities is rated 2.6 of 5 based on 130 customer reviews Alice Blue is rated 3.1 of 5 based on 40 customer reviews

Expand

Contact Broker / Request A Call Back

  IIFL Securities Enquire Alice Blue Enquire
Contact Broker Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL 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.

Expand

IIFL Securities Vs Alice Blue Investment Options

  IIFL Securities 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 Insurance

Expand

IIFL Securities Vs Alice Blue Order Type Offered

  IIFL Securities Alice Blue
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Open IIFL Securities AccountOpen Alice Blue Account

Expand

IIFL Securities Vs Alice Blue Research Report

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

Expand

IIFL Securities Vs Alice Blue Suitable For Investor Type

  IIFL Securities Alice Blue
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

Expand

IIFL Securities Vs Alice Blue - Pros and Cons

  IIFL Securities Alice Blue
Pros
  1. Full-service broker offering quality research and recommendations.
  2. Flat Rs 20 per trade brokerage for Intraday & F&O.
  3. IIFL offers Equity SIP and Mutual Fund SIP.
  4. Margin funding is available.
  5. IIFL Securities is a publicly-traded company listed at BSE and NSE.
  • Free equity delivery trades. No brokerage.
  • Flat Rs 15 brokerage for intraday and F&O.
  • Advance online trading platform.
Cons
  1. Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  2. Equity delivery brokerage is charged at flat Rs 20 per trade.
  3. It doesn't offer Direct Mutual Funds.
  4. Call & trade changes are Rs 50 per call.
  • 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

IIFL Securities Special Offer

Flat Rs 20 Per Trade Brokerage + Free Account Opening

  • Flat Rs 20 per trade brokerage for delivery, intraday and F&O +
  • Trade with the best rated mobile trading app.

This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.

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.

Open IIFL Securities AccountOpen Alice Blue Account

Comments

Add a public comment...

Compare IIFL Securities Compare Alice Blue
Compare More Brokers: