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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.
| Karvy | Alice Blue | |
|---|---|---|
| Find more info about broker | ||
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| 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,  |
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, MCX | BSE, NSE, MCX |
| Account Type | Retail Brokerage Plan | F20 |
| Broker Enquiry |
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| Year of Incorporation | 1985 | |
| Number of Branches | 575 | |
| Enquire Alice Blue |
| 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 |
| 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: Aliceblue Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer |
| 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% |
| 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 | Alice Blue | |||||||||||||||
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| Securities Transaction Tax (STT) |
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| 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 | 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%) |
| 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 |
| Karvy | Alice Blue | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | |
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| 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 | Alice Blue | |
|---|---|---|
24 Customer Reviews  |
20 Customer Reviews |
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| Overall Ratings |  |
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| Broker Rating | Karvy is Rated 2.0 / 5 based on 24 customer reviews | Alice Blue is Rated 4.3 / 5 based on 20 customer reviews |
| Karvy Enquire | Alice Blue Enquire | |
|---|---|---|
| Contact Broker |
| Karvy | Alice Blue | |
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| Initial Public Offers (IPO) | |
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| Karvy | Alice Blue | |
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| 24/7 Customer Service | |
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| Onine Live Chat | |
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| Through Branches | |
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| Karvy | Alice Blue | |
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| Bracket Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
| Karvy | Alice Blue | |
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| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Karvy | Alice Blue | |
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| Casual Investor | |
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| Active Investor | |
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| Trader | |
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