Karvy Vs Alice Blue (Compare Karvy and Alice Blue)

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

Find out Karvy Vs Alice Blue which is better and Karvy Vs Alice Blue which is best.

Our Karvy Stock Broking Ltd comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Karvy and Alice Blue.

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Karvy Vs Alice Blue

  Karvy Alice Blue
Find more info about broker
Karvy Stock Broking Ltd Logo Alice Blue Financial Services Logo
About the Broker

Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.

Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.

Karvy Customers,

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Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institut... Know more about Karvy Stock Broking Ltd
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... Know more about Alice Blue Financial Services
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Retail Brokerage Plan F20
Broker Enquiry Open an Online Trading Account with Alice Blue. Leave your contact info and we will get in touch with you.
Year of Incorporation 1985
Number of Branches 575
Enquire Alice Blue
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Karvy Vs Alice Blue Charges

  Karvy Alice Blue
Trading Account Opening Fees ₹650 Equity ₹310 | MCX ₹200 | ₹500 All segments
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹420 ₹400
Demat Account is Mandatory? No No
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Karvy Vs Alice Blue Brokerage

Brokerage Plan 1

  Karvy Alice Blue
Account Type Retail Brokerage Plan F20
Fixed Charges
Equity Delivery Brokerage 0.3% ₹0 (Free)
Equity Intraday Brokerage 0.03% ₹20
Equity Futures Brokerage 0.03% ₹20
Equity Options Brokerage ₹30 per lot ₹20
Currency Futures Trading Brokerage 0.03% ₹20
Currency Options Trading Brokerage ₹30 per lot ₹20
Commodity Futures Trading Brokerage 0.03% ₹20
Commodity Options Trading Brokerage ₹30 per lot ₹20
Special Offer
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

  Karvy Alice Blue
Account Type Premium Subscription Plan of 100000 Traditional Plan
Fixed Charges ₹100,000 per year
Equity Delivery Brokerage 0.1% 0.1%
Equity Intraday Brokerage 0.01% 0.01%
Equity Futures Brokerage 0.01% 0.01%
Equity Options Brokerage ₹10 per lot 0.01%
Currency Futures Trading Brokerage 0.01% 0.01%
Currency Options Trading Brokerage ₹10 per lot 0.01%
Commodity Futures Trading Brokerage 0.01% 0.01%
Commodity Options Trading Brokerage ₹10 per lot 0.01%

Other Charges

Minimum Brokerage Charges Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher ₹0
Other Brokerage Charges
Call & Trade Charges ₹20 per executed order
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Karvy Vs Alice Blue Taxes

  Karvy Alice Blue
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% 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.
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Karvy Vs Alice Blue Transaction Charges

  Karvy Alice Blue
Equity Delivery ₹325 NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Intraday ₹325 NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Futures ₹230 NSE ₹210 per Cr (0.0021%) | BSE ₹1 per trade (each side)
Equity Options ₹5500 NSE ₹5300 per Cr (0.053%) | BSE ₹1 per trade (each side)
Currency Futures ₹325 NSE ₹135 per Cr (0.00135%)
Currency Options NSE ₹4400 per Cr (0.044%) (on premium)
Commodity ₹300 Non-Agri ₹360 per Cr (0.0036%) | Agri ₹275 per Cr (0.00275%)
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Karvy Vs Alice Blue Exposure Margin

  Karvy Alice Blue
Equity Delivery Upto 5x with 24% interest per year Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Intraday Upto 20x Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Futures Upto 4x Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity Options Upto 4x for shorting Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Currency Futures Nil Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Currency Options Nil Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Commodity Futures Upto 4x Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity Options
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Karvy and Alice Blue Feature Comparison

  Karvy Alice Blue
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform NEST, Karvy Web, Trade Mobile Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time 3:15 Equity: 3:15PM
Other Features Ask the expert, The Finapolis
Referral Program
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Karvy Vs Alice Blue Review

  Karvy Alice Blue
  24 Customer Reviews    Rate Karvy 22 Customer Reviews    Rate Alice Blue
Fees 2.6 4.5
Trading Brokerage 2.4 4.3
Trading Platform Usability 2.7 4.3
Customer Service 2.2 3.7
Research Capabilities 2.5
Overall Ratings Rated 2.0 stars Rated 4.2 stars
Broker Rating Karvy is Rated 2.0 / 5 based on 24 customer reviews Alice Blue is Rated 4.2 / 5 based on 22 customer reviews
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Contact Broker / Request A Call Back

  Karvy Enquire Alice Blue Enquire
Contact Broker

Alice Blue Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer

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Karvy Vs Alice Blue Investment Options

  Karvy Alice Blue
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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Karvy Vs Alice Blue Customer Service

  Karvy Alice Blue
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches Yes No
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Karvy Vs Alice Blue Order Type Offered

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

  Karvy Alice Blue
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Karvy Vs Alice Blue Suitable For Investor Type

  Karvy Alice Blue
Casual Investor Yes
Active Investor Yes
Trader Yes
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Karvy Vs Alice Blue - Advantages and Disadvantages

  Karvy Alice Blue
Pros
  1. Pay ₹1200 one time and get life time free AMC demat account
  2. Offers investment in IPO and Mutual funds
  3. Free research reports
  4. 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
  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to discount brokers

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.

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