The side-by-side comparison of SBI Securities and Alice Blue. Compare SBI Securities Vs Alice Blue brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best SBI Securities vs Alice Blue?
SBI Securities
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, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians a...
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 2 brokerage plans, 'Trade Pro' and 'Freedom 20' to its customers. In the 'Trade Pro' plan, the company charges percentage-based brokerage. Customers have to pay a fixed percentage of the trading value. For intraday trading, a trader has to pay ...
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 | |
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Type of Broker | Full Service Broker | Discount Broker |
Supported Exchnages | BSE, NSE | BSE, NSE, MCX |
Account Type | eZ-trade | Freedom 20 |
Year of Incorporation | 2001 | |
Number of Branches | 117 | |
Broker Enquiry |
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Enquire SBI Securities | Enquire Alice Blue |
SBI Securities trading account opening charges is Rs 850 while Alice Blue account opening changes is Equity Rs 310 | MCX Rs 200 | Rs 500 All segments. SBI Securities Demat Account AMC Charges is Rs 350 and Alice Blue Demat Account AMC Charges is Rs 400.
SBI Securities | Alice Blue | |
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Trading Account Opening Charges | Rs 850 | 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 350 | Rs 400 |
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 20 per order or 0.01% whichever is lower.
SBI Securities | Alice Blue | |
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Account Type | eZ-trade | Freedom 20 |
Fixed Charges | ||
Equity Delivery Brokerage | 0.50% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.05% | Rs 20 per order or 0.01% whichever is lower |
Equity Futures Brokerage | 0.05% | Rs 20 per order or 0.01% whichever is lower |
Equity Options Brokerage | Rs 100 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 | NA | Rs 20 per order or 0.01% whichever is lower |
Commodity Options Trading Brokerage | NA | 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 |
SBI Securities | Alice Blue | |
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Account Type | eZ-trade | Trade Pro 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 | Rs 100 per lot | Rs 20 per lot |
Currency Futures Trading Brokerage | 0.03% | Rs 10 per lot |
Currency Options Trading Brokerage | Rs 30 per lot | Rs 20 per lot |
Commodity Futures Trading Brokerage | NA | 0.01% |
Commodity Options Trading Brokerage | NA | Rs 20 per lot |
Enquire SBI Securities | Enquire Alice Blue |
Minimum Brokerage Charges | Rs 0.05 for Cash, Rs 0.01 Future | Rs 0 |
Other Brokerage Charges | ||
Call & Trade Charges | Rs 10 per call (after 30 free calls a month) | Rs 20 per executed order |
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 | |
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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 | Enquire Alice Blue |
SBI Securities provides the margin of Upto 5x for intraday trades whereas the Alice Blue margin for intraday cash is Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x.
SBI Securities | Alice Blue | |
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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 | ||
Enquire SBI Securities | Enquire Alice Blue |
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 | |
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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) | ||
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 | ||
Enquire SBI Securities | Enquire Alice Blue |
SBI Securities is rated 2.6 of 5 based on 143 customer reviews whereas Alice Blue is rated 3.4 of 5 based on 31 customer reviews.
SBI Securities | Alice Blue | |
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Bracket Order | ![]() |
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Cover 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) | ![]() |
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Enquire SBI Securities | Enquire Alice Blue |
SBI Securities | Alice Blue | |
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Pros |
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Cons |
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Reviews | ||
Promo / Offers | Free Equity Delivery TradeGet 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. |
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Enquire SBI Securities | Enquire Alice Blue |
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