Upstox Vs Alice Blue (Compare Upstox and Alice Blue)


Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox


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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Upstox Vs Alice Blue

Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Upstox Alice Blue
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 2012
Number of Branches 4
Open an Online Trading Account with Upstox.Open an Online Trading Account with Alice Blue.
Open Upstox AccountOpen Alice Blue Account
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Upstox Vs Alice Blue Charges & AMC

Upstox trading account opening charges is Rs 249 while Alice Blue account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 300 and Alice Blue Demat Account AMC Charges is Rs 400.

  Upstox Alice Blue
Trading Account Opening Charges Rs 249 Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 300 Rs 400
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Upstox Vs Alice Blue Brokerage Charges & Plans

Upstox Vs Alice Blue Brokerage

Upstox brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or 0.05% whichever is lower whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.01% whichever is lower.

  Upstox Alice Blue
Account Type Default Freedom 15
Fixed Charges NA
Equity Delivery Rs 0 (Free) Rs 0 (Free)
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower Rs 15 per order or 0.01% whichever is lower
Equity Futures Rs 20 per executed order or 0.05% whichever is lower Rs 15 per order or 0.01% whichever is lower
Equity Options Rs 20 per executed order Rs 15 per order
Currency Futures Rs 20 per executed order or 0.05% whichever is lower Rs 15 per order or 0.01% whichever is lower
Currency Options Rs 20 per executed order Rs 15 per order
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower Rs 15 per order or 0.01% whichever is lower
Commodity Options Rs 20 per executed order Rs 15 per order
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online and start trading today.
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.

Upstox Charges Vs Alice Blue

Minimum Brokerage 0.05% Rs 0
Other Charges Auto Square-off Charges: Rs 50
Call & Trade Charges Rs 20 per trade Rs 20 per executed order
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Upstox Vs Alice Blue Transaction Charges

Upstox transaction charges for options is NSE Rs 5300 per Cr (0.053%) (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).

  Upstox Alice Blue
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Futures NSE Rs 200 per Cr (0.002%) NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side)
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side)
Currency Futures NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%) NSE Rs 135 per Cr (0.00135%)
Currency Options NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium) NSE Rs 4400 per Cr (0.044%) (on premium)
Commodity Group A - Rs 290 per Cr (0.0029%) Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
Open Upstox AccountOpen Alice Blue Account
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Upstox Vs Alice Blue Leverage (Margin)

Upstox 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.

  Upstox 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)
Open Upstox AccountOpen Alice Blue Account
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Compare Upstox and Alice Blue Features

The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

  Upstox Alice Blue
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time 3:00 PM Equity: 3:15PM
Other Features Option strategy builder
Referral Program Yes Yes
Open Upstox AccountOpen Alice Blue Account
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Upstox Vs Alice Blue Review

Upstox is rated 2.4 of 5 based on 117 customer reviews whereas Alice Blue is rated 3.4 of 5 based on 32 customer reviews.

  Upstox Alice Blue
  117 Customer Reviews    Rate Upstox 32 Customer Reviews    Rate Alice Blue
Fees 3.4 3.8
Brokerage 3.5 3.7
Trading Platform 2.6 3.6
Customer Service 2.3 3.0
Research Capabilities 2.3 1.9
Overall Ratings Rated 2.4 stars Rated 3.4 stars
Broker Rating Upstox is rated 2.4 of 5 based on 117 customer reviews Alice Blue is rated 3.4 of 5 based on 32 customer reviews
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Contact Broker / Request A Call Back

  Upstox Enquire Alice Blue Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online and start trading today. 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.
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Upstox Vs Alice Blue Investment Options

  Upstox Alice Blue
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Upstox Vs Alice Blue Order Type Offered

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

  Upstox Alice Blue
Daily Market Report No Yes
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Upstox Vs Alice Blue Suitable For Investor Type

  Upstox Alice Blue
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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Upstox Vs Alice Blue - Pros and Cons

  Upstox Alice Blue
Pros
  • Zero account opening fee.
  • Zero brokerage for trading in Equity Delivery (Cash & Carry).
  • Zero brokerage for Mutual Fund and digital gold investment.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Offer direct mutual funds.
  • Free trading software for mobile and web browsers.
  • One app for trading in equity, currency, and commodity.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's 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
  • No margin funding.
  • It does not offer the 'Good Till Canceled (GTC) order type.
  • It does not offer BTST facility.
  • Unlimited monthly plans not available.
  • No stock tips or recommendations.
  • It charges an additional fee for call & trade.
  • It charges an additional fee of Rs 50 for auto-square-off done by the broker.
  • Higher demat debit transaction charges.
  • Upstox doesn't offer NRI Trading and Demat Account.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
  • 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 Trading & Mutual Funds

  • Pay Rs 0 Brokerage for Equity Delivery, Mutual Funds, and Digital Gold.
  • Pay flat Rs 20 for Intra-day and F&O Trades.
  • Trade with the best trading platform.

It is a limited-time offer. Open Instant Account online and start trading the same day.

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.

Open Upstox AccountOpen Alice Blue Account

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Upstox Alice Blue
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