SBI Securities Vs Alice Blue (Compare SBI Securities and Alice Blue)
The side-by-side comparison of SBI Securities and Alice Blue. Compare SBI Securities Vs Alice Blue brokerage, charges, exposure margin, demat account. Read Alice Blue and SBI Securities review.
Find out SBI Securities Vs Alice Blue which is better and SBI Securities Vs Alice Blue which is best.
Our SBICAP Securities Ltd comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between SBI Securities and Alice Blue.
SBI Securities Vs Alice Blue
SBI Securities
Alice Blue
Find more info about broker
About the Broker
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Deri...
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
BSE, NSE, MCX
Account Type
eZ-trade
F20
Broker Enquiry
Year of Incorporation
2001
Number of Branches
117
Enquire SBI Securities
Enquire Alice Blue
SBI Securities Vs Alice Blue Charges
SBI Securities
Alice Blue
Trading Account Opening Fees
₹850
Equity ₹310 | MCX ₹200 | ₹500 All segments
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
₹350
₹400
Demat Account is Mandatory?
No
No
SBI Securities Vs Alice Blue Brokerage
Brokerage Plan 2
SBI Securities
Alice Blue
Account Type
eZ-trade
Traditional Plan
Fixed Charges
Equity Delivery Brokerage
0.50%
0.1%
Equity Intraday Brokerage
0.05%
0.01%
Equity Futures Brokerage
0.05%
0.01%
Equity Options Brokerage
₹100 per lot
0.01%
Currency Futures Trading Brokerage
0.03%
0.01%
Currency Options Trading Brokerage
₹30 per lot
0.01%
Commodity Futures Trading Brokerage
NA
0.01%
Commodity Options Trading Brokerage
NA
0.01%
Other Charges
Minimum Brokerage Charges
₹0.05 for Cash, ₹0.01 Future
₹0
Other Brokerage Charges
Call & Trade Charges
₹10 per call (after 30 free calls a month)
₹20 per executed order
SBI Securities Vs Alice Blue Taxes
SBI Securities
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.
SBI Securities Vs Alice Blue Transaction Charges
SBI Securities
Alice Blue
Equity Delivery
NSE: 0.00386% | BSE: 0.00384%
NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Intraday
NSE: 0.00386% | BSE: 0.00384%
NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Futures
NSE: 0.002206% (₹221/Crore)
NSE ₹210 per Cr (0.0021%) | BSE ₹1 per trade (each side)
Equity Options
NSE: 0.05515% (₹5515/Crore)
NSE ₹5300 per Cr (0.053%) | BSE ₹1 per trade (each side)
Currency Futures
0.002206%
NSE ₹135 per Cr (0.00135%)
Currency Options
NSE: 0.05515% (₹5515/Crore)
NSE ₹4400 per Cr (0.044%) (on premium)
Commodity
Non-Agri ₹360 per Cr (0.0036%) | Agri ₹275 per Cr (0.00275%)
SBI Securities Vs Alice Blue Exposure Margin
SBI Securities
Alice Blue
Equity Delivery
2x with Intrest
Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Intraday
Upto 5x
Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Futures
Nil
Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity Options
Nil
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
NA
Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity Options
SBI Securities and Alice Blue Feature Comparison
SBI Securities
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
SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time
2:45 PM
Equity: 3:15PM
Other Features
Referral Program
SBI Securities Vs Alice Blue Review
SBI Securities
Alice Blue
130 Customer Reviews
20 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
SBI Securities is Rated 2.6 / 5 based on 130 customer reviews Alice Blue is Rated 4.3 / 5 based on 20 customer reviews
SBI Securities Vs Alice Blue Investment Options
SBI Securities
Alice Blue
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
SBI Securities Vs Alice Blue Customer Service
SBI Securities
Alice Blue
24/7 Customer Service
Onine Live Chat
Through Branches
SBI Securities Vs Alice Blue Order Type Offered
SBI Securities
Alice Blue
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
SBI Securities Vs Alice Blue Research Report
SBI Securities
Alice Blue
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
SBI Securities Vs Alice Blue Suitable For Investor Type
SBI Securities
Alice Blue
Casual Investor
Active Investor
Trader
SBI Securities Vs Alice Blue - Advantages and Disadvantages
SBI Securities
Alice Blue
Pros
Offer 3-in-1 account for seamless transactions.
Full-service broker offering services online as well as through branches.
Wide range of investment options.
Free research reports are available.
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
Installable Trading Terminal (exe) is not available for frequent traders.
Good Till Cancelled (GTC) orders are not available.
Very high brokerage.
Commodity (MCX) trading is not available.
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.
Zerodha
Zero Account Opening Fee