Karvy Vs Alice Blue (Compare Karvy and Alice Blue)

Karvy Vs Alice Blue

Incorporated in 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Karvy	Alice Blue
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX	BSE, NSE, MCX
Account Type	Retail Brokerage Plan	Freedom 20
Year of Incorporation	1985
Number of Branches	575
Broker Enquiry

Karvy Vs Alice Blue Charges & AMC

Karvy trading account opening charges is Rs 650 while Alice Blue account opening changes is Equity Rs 310 | MCX Rs 200 | Rs 500 All segments. Karvy Demat Account AMC Charges is Rs 420 and Alice Blue Demat Account AMC Charges is Rs 400.

	Karvy	Alice Blue
Trading Account Opening Charges	Rs 650	Equity Rs 310 | MCX Rs 200 | Rs 500 All segments
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 420	Rs 400

Karvy Vs Alice Blue Brokerage

Karvy brokerage charges for equity is 0.3% and intraday is 0.03% whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order or 0.01% whichever is lower.

	Karvy	Alice Blue
Account Type	Retail Brokerage Plan	Freedom 20
Fixed Charges
Equity Delivery Brokerage	0.3%	Rs 0 (Free)
Equity Intraday Brokerage	0.03%	Rs 20 per order or 0.01% whichever is lower
Equity Futures Brokerage	0.03%	Rs 20 per order or 0.01% whichever is lower
Equity Options Brokerage	Rs 30 per lot	Rs 20 per order
Currency Futures Trading Brokerage	0.03%	Rs 20 per order or 0.01% whichever is lower
Currency Options Trading Brokerage	Rs 30 per lot	Rs 10 per order
Commodity Futures Trading Brokerage	0.03%	Rs 20 per order or 0.01% whichever is lower
Commodity Options Trading Brokerage	Rs 30 per lot	Rs 20 per order
Special Offer		Special Offer: Alice Blue Free equity delivery trading (truly no brokerage) and Flat Rs 20 intranet and F&O trade brokerage. Get the offer

Karvy Vs Alice Blue Brokerage Plan 2

	Karvy	Alice Blue
Account Type	Premium Subscription Plan of 100000	Trade Pro Plan
Fixed Charges	Rs 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	Rs 10 per lot	Rs 20 per lot
Currency Futures Trading Brokerage	0.01%	Rs 10 per lot
Currency Options Trading Brokerage	Rs 10 per lot	Rs 20 per lot
Commodity Futures Trading Brokerage	0.01%	0.01%
Commodity Options Trading Brokerage	Rs 10 per lot	Rs 20 per lot

Karvy Charges Vs Alice Blue

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

Karvy Vs Alice Blue Transaction Charges

Karvy transaction charges for options is Rs 5500 while Alice Blue exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side).

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

Karvy Vs Alice Blue Leverage (Margin)

Karvy provides the margin of Upto 20x for intraday trades whereas the Alice Blue margin for intraday cash is Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x.

	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

Compare Karvy and Alice Blue Features

The trading platforms offered Karvy include NEST, Karvy Web, Trade Mobile. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

	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 is rated 2.0 of 5 based on 24 customer reviews whereas Alice Blue is rated 3.4 of 5 based on 31 customer reviews.

	Karvy	Alice Blue
	24 Customer Reviews	31 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Karvy is rated 2.0 of 5 based on 24 customer reviews	Alice Blue is rated 3.4 of 5 based on 31 customer reviews

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 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 - Pros and Cons

	Karvy	Alice Blue
Pros	Pay Rs 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	Discount stock broker. Most advance trading platform. Free equity delivery trades. No brokerage. 01% or Rs 20 whichever is less brokerage for intraday and F&O. Up to 20x margin in equity intraday.
Cons	Doesn't offer 3 in 1 account Brokerage rates are negotiable Higher brokerage compare to discount brokers	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		Free Equity Delivery Trade Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 intranet and F&O trade brokerage. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you.