Upstox Vs Alice Blue (Compare Upstox and Alice Blue)

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 Upstox Account	Open Alice Blue Account

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

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

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 Account	Open Alice Blue Account

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 Account	Open Alice Blue Account

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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
	Open Upstox Account	Open Alice Blue Account

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	32 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
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

Upstox Vs Alice Blue Investment Options

	Upstox	Alice Blue
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Upstox Vs Alice Blue Order Type Offered

	Upstox	Alice Blue
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Upstox Account	Open Alice Blue Account

Upstox Vs Alice Blue Research Report

	Upstox	Alice Blue
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Upstox Vs Alice Blue Suitable For Investor Type

	Upstox	Alice Blue
Casual Investor
Active Investor
Trader

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 Account	Open Alice Blue Account