The side-by-side comparison of Upstox and Alice Blue Financial Services stock brokers in India. The comparison below highlights the similarities and differences between Upstox and Alice Blue's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Upstox and Alice Blue.
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 ...
Incorporated in 2006, Alice Blue is a Bangalore based financial service provider. AliceBlue is a discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) throu...
Type of Broker
Discount Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
Upstox Basic
F20
Broker Enquiry
Stock Broker Fees / Charges
Upstox
Alice Blue Financial Services
Trading Account Opening Fees
₹150 (Eq and F&O), ₹150 (MCX)
Equity ₹310 | Commodity ₹120
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
₹150
₹0
Demat Account is Mandatory?
No
No
Trading Brokerage Charges
Brokerage Plan 1
Upstox
Alice Blue Financial Services
Account Type
Upstox Basic
F20
Fixed Charges
₹0
Equity Delivery Brokerage
₹0
₹0 (Free)
Equity Intraday Brokerage
₹20 per trade or 0.01% (whichever is lower)
₹20 per executed order or 0.01 whichever lower
Equity Futures Brokerage
₹20 per trade or 0.01% (whichever is lower)
₹20 per executed order or 0.01 whichever lower
Equity Options Brokerage
₹20 per trade or 0.01% (whichever is lower)
₹20 per executed order or 0.01 whichever lower
Currency Futures Trading Brokerage
₹20 per trade or 0.01% (whichever is lower)
₹20 per executed order or 0.01 whichever lower
Currency Options Trading Brokerage
₹20 per trade or 0.01% (whichever is lower)
₹20 per executed order or 0.01 whichever lower
Commodity Futures Trading Brokerage
₹20 per trade or 0.01% (whichever is lower)
₹20 per executed order or 0.01 whichever lower
Commodity Options Trading Brokerage
Brokerage Plan 2
Upstox
Alice Blue Financial Services
Account Type
Upstox Priority
F20
Fixed Charges
₹0
Equity Delivery Brokerage
₹0
₹0 (Free)
Equity Intraday Brokerage
₹30 per trade or 0.05% (whichever is lower)
₹20 per executed order or 0.01 whichever lower
Equity Futures Brokerage
₹30 per trade or 0.05% (whichever is lower)
₹20 per executed order or 0.01 whichever lower
Equity Options Brokerage
₹30 per trade or 0.05% (whichever is lower)
₹20 per executed order or 0.01 whichever lower
Currency Futures Trading Brokerage
₹30 per trade or 0.05% (whichever is lower)
₹20 per executed order or 0.01 whichever lower
Currency Options Trading Brokerage
₹30 per trade or 0.05% (whichever is lower)
₹20 per executed order or 0.01 whichever lower
Commodity Futures Trading Brokerage
₹30 per trade or 0.05% (whichever is lower)
₹20 per executed order or 0.01 whichever lower
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹0
₹0
Other Brokerage Charges
Call & Trade Charges
₹20 per trade
₹20 per executed order
Taxes
Upstox
Alice Blue Financial Services
Securities Transaction Tax (STT)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
Transaction Charges
Upstox
Alice Blue Financial Services
Equity Delivery
NSE ₹325 | BSE ₹275
NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday
NSE ₹325 | BSE ₹275
NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures
NSE ₹210
NSE ₹210 per crore | BSE ₹1 per trade (each side)
Equity Options
NSE ₹5500
NSE ₹5300 per crore | BSE ₹1 per trade (each side)
Limited Time Offer - Free Account Opening (₹300 waived) until May 17th 2019
Open Upstox Trading Account and get FREE Trading, Demat and Mutual Fund Account + FREE Equity Delivery Trades (no brokerage) + Intraday and F&O Trades at flat ₹20 per order.
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. In addition, get Lifetime Zero AMC Demat Account with no additional cost. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you.
Zerodha
Zero Account Opening Fee