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
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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SBI Securities Vs Alice Blue Charges & AMC

SBI Securities trading account opening charges is ₹850 while Alice Blue account opening changes is Equity ₹310 | MCX ₹200 | ₹500 All segments. SBI Securities Demat Account AMC Charges is ₹350 and Alice Blue Demat Account AMC Charges is ₹400.

	SBI Securities	Alice Blue
Trading Account Opening Charges	₹850	Equity ₹310 | MCX ₹200 | ₹500 All segments
Trading Account AMC Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account AMC Charges	₹350	₹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 ₹0 (Free) and intraday is ₹20 per order or 0.01% whichever is lower.

	SBI Securities	Alice Blue
Account Type	eZ-trade	Freedom 20
Fixed Charges
Equity Delivery Brokerage	0.50%	₹0 (Free)
Equity Intraday Brokerage	0.05%	₹20 per order or 0.01% whichever is lower
Equity Futures Brokerage	0.05%	₹20 per order or 0.01% whichever is lower
Equity Options Brokerage	₹100 per lot	₹20 per order
Currency Futures Trading Brokerage	0.03%	₹20 per order or 0.01% whichever is lower
Currency Options Trading Brokerage	₹30 per lot	₹10 per order
Commodity Futures Trading Brokerage	NA	₹20 per order or 0.01% whichever is lower
Commodity Options Trading Brokerage	NA	₹20 per order
Special Offer		Special Offer: Alice Blue Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer

SBI Securities Vs Alice Blue Brokerage Plan 2

	SBI Securities	Alice Blue
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	₹100 per lot	₹20 per lot
Currency Futures Trading Brokerage	0.03%	₹10 per lot
Currency Options Trading Brokerage	₹30 per lot	₹20 per lot
Commodity Futures Trading Brokerage	NA	0.01%
Commodity Options Trading Brokerage	NA	₹20 per lot
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SBI Securities Charges Vs Alice Blue

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 Transaction Charges

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

	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%)
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SBI Securities Vs Alice Blue Leverage (Margin)

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
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
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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 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
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SBI Securities Vs Alice Blue Review

SBI Securities is rated 2.6 of 5 based on 133 customer reviews whereas Alice Blue is rated 3.9 of 5 based on 24 customer reviews.

	SBI Securities	Alice Blue
	133 Customer Reviews	24 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SBI Securities is rated 2.6 of 5 based on 133 customer reviews	Alice Blue is rated 3.9 of 5 based on 24 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 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. 01% or ₹20 whichever is less brokerage for intraday and F&O. Up to 20x margin in equity intraday.
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 ₹20 per order.
Reviews
Promo / Offers		Free Equity Delivery Trade Get free equity delivery trading (truly no brokerage) and pay flat ₹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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