SBI Securities Vs Alice Blue (Compare SBI Securities and Alice Blue)

SBI Securities Vs Alice Blue

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	SBI Securities	Alice Blue
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX
Year of Incorporation	2001
Number of Branches	117
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SBI Securities Vs Alice Blue Charges & AMC

SBI Securities trading account opening charges is Rs 850 while Alice Blue account opening changes is Rs 0 (Free). SBI Securities Demat Account AMC Charges is Rs 350 and Alice Blue Demat Account AMC Charges is Rs 400.

	SBI Securities	Alice Blue
Trading Account Opening Charges	Rs 850	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 350	Rs 400

SBI Securities Vs Alice Blue Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.01% whichever is lower.

	SBI Securities	Alice Blue
Account Type	eZ-trade	Freedom 15
Fixed Charges
Equity Delivery	0.50%	Rs 0 (Free)
Equity Intraday	0.05%	Rs 15 per order or 0.01% whichever is lower
Equity Futures	0.05%	Rs 15 per order or 0.01% whichever is lower
Equity Options	Rs 100 per lot	Rs 15 per order
Currency Futures	0.03%	Rs 15 per order or 0.01% whichever is lower
Currency Options	Rs 30 per lot	Rs 15 per order
Commodity Futures	NA	Rs 15 per order or 0.01% whichever is lower
Commodity Options	NA	Rs 15 per order
Special Offer		Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open FREE Instant Account online with Alice Blue and start trading today.

SBI Securities Charges Vs Alice Blue

Minimum Brokerage	Rs 0.05 for Cash, Rs 0.01 Future	Rs 0
Other Charges
Call & Trade Charges	Rs 10 per call (after 30 free calls a month)	Rs 20 per executed order

SBI Securities Vs Alice Blue Transaction Charges

SBI Securities transaction charges for options is NSE: 0.05515% (Rs 5515/Crore) while Alice Blue exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side).

	SBI Securities	Alice Blue
Equity Delivery	NSE: 0.00386% | BSE: 0.00384%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Intraday	NSE: 0.00386% | BSE: 0.00384%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Futures	NSE: 0.002206% (Rs 221/Crore)	NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side)
Equity Options	NSE: 0.05515% (Rs 5515/Crore)	NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side)
Currency Futures	0.002206%	NSE Rs 135 per Cr (0.00135%)
Currency Options	NSE: 0.05515% (Rs 5515/Crore)	NSE Rs 4400 per Cr (0.044%) (on premium)
Commodity		Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
	Enquire SBI Securities	Open Alice Blue Account

SBI Securities Vs Alice Blue Leverage (Margin)

SBI Securities margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Alice Blue margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	SBI Securities	Alice Blue
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare SBI Securities and Alice Blue Features

The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

	SBI Securities	Alice Blue
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
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
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SBI Securities Vs Alice Blue Review

SBI Securities is rated 2.6 of 5 based on 145 customer reviews whereas Alice Blue is rated 3.4 of 5 based on 32 customer reviews.

	SBI Securities	Alice Blue
	145 Customer Reviews	32 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SBI Securities is rated 2.6 of 5 based on 145 customer reviews	Alice Blue is rated 3.4 of 5 based on 32 customer reviews

SBI Securities Vs Alice Blue Investment Options

	SBI Securities	Alice Blue
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

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)
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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 - Pros and Cons

	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.	Discount stock broker. Most advance trading platform. Free equity delivery trades. No brokerage. Flat Rs 15 brokerage for intraday and F&O.
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.	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 + FREE Account Opening Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open FREE Instant Account online with Alice Blue and start trading today.
	Enquire SBI Securities	Open Alice Blue Account