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Sharekhan Vs Alice Blue (Compare Sharekhan and Alice Blue)

Sharekhan Logo

About Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan

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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Sharekhan Vs Alice Blue

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Sharekhan Alice Blue
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 2000
Number of Branches 2800
Open Sharekhan AccountOpen Alice Blue Account

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Sharekhan Vs Alice Blue Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Alice Blue account opening changes is Rs 150. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Alice Blue Demat Account AMC Charges is Rs 400.

  Sharekhan 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 400 (Free for 1st year) Rs 400

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Sharekhan Vs Alice Blue Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.01% whichever is lower.

Account Type Sharekhan Classic Account Alice Blue Freedom 15
Fixed Charges
Equity Delivery 0.50% Rs 0 (Free)
Equity Intraday 0.10% Rs 15 per order or 0.01% whichever is lower
Equity Futures 0.10% Rs 15 per order or 0.01% whichever is lower
Equity Options Rs 50 per lot Rs 15 per order
Currency Futures 0.10% Rs 15 per order or 0.01% whichever is lower
Currency Options Rs 30 per lot Rs 15 per order
Commodity Futures 0.03% Rs 15 per order or 0.01% whichever is lower
Commodity Options 0.03% Rs 15 per order
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
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.

Sharekhan Vs Alice Blue Brokerage Plan 2

  Sharekhan Alice Blue
Account Type Prepaid - ₹1 Lakh Freedom 15
Fixed Charges Rs 1,00,000 per year
Equity Delivery 0.10% Rs 0 (Free)
Equity Intraday 0.015% Rs 15 per order or 0.01% whichever is lower
Equity Futures 0.015% Rs 15 per order or 0.01% whichever is lower
Equity Options 0.05% or Rs 63 per lot Rs 15 per order
Currency Futures Rs 15 per order or 0.01% whichever is lower
Currency Options Rs 15 per order
Commodity Futures Rs 15 per order or 0.01% whichever is lower
Commodity Options Rs 15 per order
Open Sharekhan AccountOpen Alice Blue Account

Sharekhan Vs Alice Blue Brokerage Plan 3

  Sharekhan Alice Blue
Account Type Margin - ₹1 Lakh Freedom 15
Fixed Charges Rs 1,00,000 margin
Equity Delivery 0.25% 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 1% or Rs 70 per lot Rs 15 per order
Currency Futures Rs 15 per order or 0.01% whichever is lower
Currency Options Rs 15 per order
Commodity Futures Rs 15 per order or 0.01% whichever is lower
Commodity Options Rs 15 per order
Open Sharekhan AccountOpen Alice Blue Account

Sharekhan Charges Vs Alice Blue

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share Rs 0
Other Charges
Call & Trade Charges Rs 20 Rs 20 per executed order

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Sharekhan Vs Alice Blue Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while Alice Blue exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side).

  Sharekhan Alice Blue
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side)
Currency Futures NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) NSE Rs 135 per Cr (0.00135%)
Currency Options NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) NSE Rs 4400 per Cr (0.044%) (on premium)
Commodity MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%) Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
Open Sharekhan AccountOpen Alice Blue Account

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Sharekhan Vs Alice Blue Leverage (Margin)

Sharekhan 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.

  Sharekhan 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 Sharekhan AccountOpen Alice Blue Account

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Compare Sharekhan and Alice Blue Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

  Sharekhan Alice Blue
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform TradeTiger, Sharekhan Mobile Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time 3:30 PM Equity: 3:15PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features Pattern finder, Class room training
Open Sharekhan AccountOpen Alice Blue Account

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Sharekhan Vs Alice Blue Review

Sharekhan is rated 3.3 of 5 based on 310 customer reviews whereas Alice Blue is rated 3.2 of 5 based on 37 customer reviews.

  Sharekhan Alice Blue
  310 Customer Reviews    Rate Sharekhan 37 Customer Reviews    Rate Alice Blue
Fees 3.0 3.7
Brokerage 2.8 3.7
Trading Platform 3.7 3.4
Customer Service 3.3 3.0
Research Capabilities 3.1 1.9
Overall Ratings Rated 3.3 stars Rated 3.2 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 310 customer reviews Alice Blue is rated 3.2 of 5 based on 37 customer reviews

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Contact Broker / Request A Call Back

  Sharekhan Enquire Alice Blue Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. 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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Sharekhan Vs Alice Blue Investment Options

  Sharekhan Alice Blue
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading

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Sharekhan Vs Alice Blue Order Type Offered

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

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Sharekhan Vs Alice Blue Research Report

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

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Sharekhan Vs Alice Blue Suitable For Investor Type

  Sharekhan Alice Blue
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

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Sharekhan Vs Alice Blue - Pros and Cons

  Sharekhan Alice Blue
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.
  • Free equity delivery trades. No brokerage.
  • Flat Rs 15 brokerage for intraday and F&O.
  • Advance online trading platform.
Cons
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.
  • 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

Sharekhan Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

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 Sharekhan AccountOpen Alice Blue Account

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