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.
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...
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, MCX
BSE, NSE, MCX
Account Type
Retail Brokerage Plan
F20
Broker Enquiry
Year of Incorporation
1985
Number of Branches
575
Karvy Vs Alice Blue Charges
Karvy
Alice Blue
Trading Account Opening Fees
₹650
Equity ₹310 | Commodity ₹120
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
₹420
₹0
Demat Account is Mandatory?
No
No
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 per executed order or 0.01 whichever lower
Equity Futures Brokerage
0.03%
₹20 per executed order or 0.01 whichever lower
Equity Options Brokerage
₹30 per lot
₹20 per executed order or 0.01 whichever lower
Currency Futures Trading Brokerage
0.03%
₹20 per executed order or 0.01 whichever lower
Currency Options Trading Brokerage
₹30 per lot
₹20 per executed order or 0.01 whichever lower
Commodity Futures Trading Brokerage
0.03%
₹20 per executed order or 0.01 whichever lower
Commodity Options Trading Brokerage
₹30 per lot
Brokerage Plan 2
Karvy
Alice Blue
Account Type
Premium Subscription Plan of 100000
F20
Fixed Charges
₹100,000 per year
Equity Delivery Brokerage
0.1%
₹0 (Free)
Equity Intraday Brokerage
0.01%
₹20 per executed order or 0.01 whichever lower
Equity Futures Brokerage
0.01%
₹20 per executed order or 0.01 whichever lower
Equity Options Brokerage
₹10 per lot
₹20 per executed order or 0.01 whichever lower
Currency Futures Trading Brokerage
0.01%
₹20 per executed order or 0.01 whichever lower
Currency Options Trading Brokerage
₹10 per lot
₹20 per executed order or 0.01 whichever lower
Commodity Futures Trading Brokerage
0.01%
₹20 per executed order or 0.01 whichever lower
Commodity Options Trading Brokerage
₹10 per lot
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
Karvy Vs Alice Blue Taxes
Karvy
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.
Karvy Vs Alice Blue Transaction Charges
Karvy
Alice Blue
Equity Delivery
₹325
NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday
₹325
NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures
₹230
NSE ₹210 per crore | BSE ₹1 per trade (each side)
Equity Options
₹5500
NSE ₹5300 per crore | BSE ₹1 per trade (each side)
Currency Futures
₹325
NSE ₹135 per crore (0.00135%)
Currency Options
NSE ₹4400 (on premium) per crore (0.044%)
Commodity
₹300
Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore
Karvy Vs Alice Blue Exposure Margin
Karvy
Alice Blue
Equity Delivery
Upto 5x with 24% interest per year
3x (A category)
Equity Intraday
Upto 20x
Up to 20x (based on the stock)
Equity Futures
Upto 4x
Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
Upto 4x for shorting
Intraday - 3x Buy & 10x Sell, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures
Nil
Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options
Nil
Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures
Upto 4x
Intraday - 10%(10x), Carry forward - 100%(1x) of Total span margin
Commodity Options
Karvy and Alice Blue Feature Comparison
Karvy
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
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
Karvy Vs Alice Blue Review
Karvy
Alice Blue
21 Customer Reviews
18 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Karvy is Rated 2.1 / 5 based on 21 customer reviews
Alice Blue is Rated 4.5 / 5 based on 18 customer reviews
Contact Broker / Request A Call Back
Karvy Enquire
Alice Blue Enquire
Contact Broker
Karvy Vs Alice Blue Investment Options
Karvy
Alice Blue
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Karvy Vs Alice Blue Customer Service
Karvy
Alice Blue
24/7 Customer Service
Onine Live Chat
Through Branches
Karvy Vs Alice Blue Order Type Offered
Karvy
Alice Blue
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Karvy Vs Alice Blue Research Report
Karvy
Alice Blue
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Karvy Vs Alice Blue Suitable For Investor Type
Karvy
Alice Blue
Casual Investor
Active Investor
Trader
Karvy Vs Alice Blue - Advantages and Disadvantages
Karvy
Alice Blue
Pros
Pay ₹1200 one time and get life time free AMC demat account
Offers investment in IPO and Mutual funds
Free research reports
Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Karvy - Zero Account Opening Fee + Up to ₹5500 Brokerage Refund
Open Demat and Trading account with Karvy Stock Broking for free (₹650 waived) and get up to ₹5500 brokerage back based on the brokerage generated for the period of 30 days from account opening.
Interested in opening a trading account? Request Callback from Karvy Stock Broking.
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