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Upstox Vs Alice Blue (Compare Upstox and Alice Blue)

Upstox Logo

About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox

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

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Upstox Vs Alice Blue

Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Upstox Alice Blue
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 2012
Number of Branches 4
Open Upstox AccountOpen Alice Blue Account

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Upstox Vs Alice Blue Charges & AMC

Upstox trading account opening charges is Rs 0 (Free) while Alice Blue account opening changes is Rs 150. Upstox Demat Account AMC Charges is Rs 150 and Alice Blue Demat Account AMC Charges is Rs 400.

  Upstox Alice Blue
Trading Account Opening Charges Rs 0 (Free) Rs 150
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 150 Rs 400

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Upstox Vs Alice Blue Brokerage

Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower 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 Upstox Default Alice Blue Freedom 15 (F15)
Fixed Charges NA
Equity Delivery Rs 20 per executed order or 2.5% whichever is low Rs 0 (Free)
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower Rs 15 per order or 0.05% whichever is lower
Equity Futures Rs 20 per executed order or 0.05% whichever is lower Rs 15 per order or 0.05% whichever is lower
Equity Options Rs 20 per executed order Rs 15 per order
Currency Futures Rs 20 per executed order or 0.05% whichever is lower Rs 15 per order or 0.05% whichever is lower
Currency Options Rs 20 per executed order Rs 15 per order
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower Rs 15 per order or 0.05% whichever is lower
Commodity Options Rs 20 per executed order Rs 15 per order
Special Offer
Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account 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.

Upstox Charges Vs Alice Blue

Minimum Brokerage 0.05% Rs 0
Other Charges Auto Square-off Charges: Rs 50
Call & Trade Charges Rs 20 per trade Rs 20 per executed order

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Upstox Vs Alice Blue Transaction Charges

Upstox transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (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).

  Upstox 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 3750 per Cr (0.0375%) (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 22 per Cr (0.00022%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3500 per Cr (0.035%) | 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 290 per Cr (0.0029%) Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
Open Upstox AccountOpen Alice Blue Account

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Upstox Vs Alice Blue Leverage (Margin)

Upstox 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.

  Upstox 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 Upstox AccountOpen Alice Blue Account

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Compare Upstox and Alice Blue Features

The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

  Upstox Alice Blue
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) No No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time 3:00 PM Equity: 3:15PM
Trading In SME Shares Allowed? Yes
Referral Program Yes Yes
Other Features Option strategy builder
Open Upstox AccountOpen Alice Blue Account

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Upstox Vs Alice Blue Review

Upstox is rated 2.4 of 5 based on 143 customer reviews whereas Alice Blue is rated 3.1 of 5 based on 40 customer reviews.

  Upstox Alice Blue
  143 Customer Reviews    Rate Upstox 40 Customer Reviews    Rate Alice Blue
Fees 3.4 3.7
Brokerage 3.4 3.7
Trading Platform 2.6 3.3
Customer Service 2.3 2.9
Research Capabilities 2.2 1.9
Overall Ratings Rated 2.4 stars Rated 3.1 stars
Broker Rating Upstox is rated 2.4 of 5 based on 143 customer reviews Alice Blue is rated 3.1 of 5 based on 40 customer reviews

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Contact Broker / Request A Call Back

  Upstox Enquire Alice Blue Enquire
Contact Broker Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account 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.

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Upstox Vs Alice Blue Investment Options

  Upstox Alice Blue
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options

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Upstox Vs Alice Blue Order Type Offered

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

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Upstox Vs Alice Blue Research Report

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

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Upstox Vs Alice Blue Suitable For Investor Type

  Upstox Alice Blue
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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Upstox Vs Alice Blue - Pros and Cons

  Upstox Alice Blue
Pros
  • Zero account opening fee.
  • Zero brokerage for Mutual Fund investment.
  • Flat Rs 20 per trade brokerage for all other segments including equity delivery.
  • Offer direct mutual funds.
  • One app for trading in equity, currency, and commodity.
  • Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's are available.
  • Good-Till-Triggered (GTT) orders are available.
  • Free equity delivery trades. No brokerage.
  • Flat Rs 15 brokerage for intraday and F&O.
  • Advance online trading platform.
Cons
  • Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer margin funding for delivery trades.
  • Doesn't offer stock tips or recommendations.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer 24/7 customer support.
  • Doesn't offer API access for automated trading.
  • Doesn't offer NRI Trading and Demat account.
  • Doesn't offer BTST
  • Doesn't offer digital gold.
  • Call-and-trade fee is Rs 20 per executed order extra.
  • Automatic settlement charges an additional Rs 50 per executed order.
  • Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
  • 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

Upstox Special Offer

Exclusive offer by Upstox

  • Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 commission for Mutual Funds.

It is a limited-time offer. Open Instant Account and start trading the same day.

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 Upstox AccountOpen Alice Blue Account

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