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Alice Blue Stock Trading, Demat, Brokerage and Reviews 2022


19.3% 149,397 Clients

Alice Blue Account Opening Enquiry

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.

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 equity delivery trades. The customer doesn't pay any brokerage fee for trade in this segment. For all other segments, Alice Blue charge flat Rs 15 per executed order or 0.01% whichever is lower.

Alice Blue Financial Services has a network of 17 branches located in major cities across India. These branches offer personalized broker service to customers. It also has 1000+ Partners across India.

Alice Blue provides online share trading platforms to its customers. ANT (Analyse and Trade) is the trading platform offered by Alice Blue. It is built by TradeLab and uses Omnesys NEST as a backend. The platform is available in mobile, desktop and web versions. ANT Meta and ANT Scanner are trading software offered by the company for trade analysis.

The discount broker also offers access to proprietary and 3rd party online trading tools to help its customers deeply analyze their trades and make informed trading decisions. Customers can get access to these paid tools and apps on the 'Trade Store'. Major trading tools available on the Trade Store are-

AliceBlue Trading Tools

Software Name

Description

Pricing

Advisorymandi

A share market app where customers can compare, select, and follow top market experts and get trading advice from them.

Rs 499

Alice Algo

Web and app-based Algo Trading tool

Subscription Based

ANT IQ

A platform to build your own trading strategy using Fibonacci, indicators, and patterns.

Lifetime Free

Alice Blue Mutual Funds

An online platform to buy mutual funds directly at zero brokerage and fee.

Zero for Aliceblue Clients only

Sensibull

An Options Strategy Builder & Trading platform.

Lite: Rs 600 pm

Pro: Rs 950 pm

Smallcase

Offers pre-built portfolios created around a trading theme or idea

Rs 100 smallcase (Buy)

TickerTape

A tool to discover and analyze stocks.

Free

Alice Blue also offers its customers access to Trade School, an online resource for learning investment concepts and trading skills.

Alice Blue Financial Services USP (Unique Sales Proposition)

Following are unique selling points of Alice Blue Financial Services:

    • Experience trust of over 20 years as a full-service broker.
    • ANT - A flagship trading platform built for analysis and trading.
    • Discount brokerage plan Freedom 15 - A simple, low-cost and flat-fee brokerage plan.
    • Equity Delivery brokerage is free. No broker fee for cash & carry trades.
    • Pay 0.01% or Rs 15 whichever is less brokerage for all other segments at BSE, NSE, and MCX.
    • Free trading software's to all its customers.
    • Advanced Trading Tools- ANT Meta and , ANT Scanner. and other 3rd party tools.
    • Trade School an online resource for learning investment concepts and trading skills.

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.


Account Types

Alice Blue offers 2 types of accounts to target different customer needs. The account types and available key features are described below:

Alice Blue Account Types

Account Type

Local Branch Support?

Call & Trade (Free)

Online/Mobile trading application?

Online account

No

Yes

Yes

Offline account

Yes

Yes

Yes


Alice Blue Charges 2022

AliceBlue Account Opening Fees & Annual maintenance charges (AMC)
Trading Account Opening ChargesRs 0 (Free)

Trading Annual maintenance charges (AMC)

Rs 0 (Free)

Demat Account Opening Charges (One Time)

Rs 0 (Free)

Demat Account Annual Maintenance Charges (AMC)

Rs 400

Alice Blue Brokerage & Fees- Freedom Plans (F15)

Equity Delivery Brokerage

Rs 0 (free)

Equity Intraday Brokerage

Rs 15 per order or 0.01% whichever is lower

Equity Future Brokerage

Rs 15 per order or 0.01% whichever is lower

Equity Option Brokerage

Rs 15 per order

Currency Future Brokerage

Rs 15 per order or 0.01% whichever is lower

Currency Option Brokerage

Rs 10 per order

Commodity Future Brokerage

Rs 15 per order or 0.01% whichever is lower

Commodity Option Brokerage

Rs 15 per order

Alice Blue Brokerage Fee Explained

Equity Delivery & Intraday

Alice Blue Charges

Equity Delivery

Equity Intraday

STT

0.1% on both Buy and Sell

0.025% on the Sell Side

Transaction / Turnover Charges

NSE Rs 325 per crore | BSE Rs 325 per crore

NSE Rs 325 per crore | BSE Rs 325 per crore

Goods and Services Tax (GST)

18% on (Brokerage + Transaction Charge)

18% on (Brokerage + Transaction Charge)

SEBI Charges

0.0001% (Rs 10/Crore)0.0001% (Rs 10/Crore)

Stamp Charges*

State-wise

State-wise

Equity F&O Brokerage

Alice Blue F&O Brokerage

Futures

Options

STT

0.01% on Sell Side

0.05% on Sell Side(on Premium)

Transaction / Turnover Charges

NSE Rs 190 per crore | BSE Rs 190 per crore

NSE Rs 5000 per crore | BSE Rs 5000 per crore

Goods and Services Tax (GST)

18% on (Brokerage + Transaction Charge)

18% on (Brokerage + Transaction Charge)

SEBI Charges

0.0001% (Rs 10/Crore)0.0001% (Rs 10/Crore)

Stamp Charges*

State-wise

State-wise

Currency F&O and Commodity Brokerage

Alice Blue Charges

Currency Futures

Currency Options

Commodity

STT

No STT

No STT

0.01% on Sell Side (Non-Agri)

Transaction / Turnover Charges

BSE Rs 200 per crore

BSE Rs 2000 (on premium) per crore (0.02%)

Non-Agri Rs 260 (0.0026%) | Agri Rs 260 per Crore

Goods and Services Tax (GST)

18% on (Brokerage + Transaction Charge)

18% on (Brokerage + Transaction Charge)

18% on (Brokerage + Transaction Charge)

SEBI Charges

0.0001% (Rs 10/Crore)0.0001% (Rs 10/Crore)

Stamp Charges*

State-wise

State-wise

State-wise

AliceBlue Fee Structure Explained:

  • Brokerage: The fee charged by broker for trading services offered.
  • STT: This government tax is charged only on the sell side for intraday and F&O trades. It is charged on both sides for Delivery trades in Equity.
  • Exchange Transaction or Turnover Charges: This is the fee charged by the exchange. I some cases it also include professional clearing charges.
  • Goods and Services Tax (GST): This tax is charged at 18% of the brokerage fee plus transaction charges.
  • SEBI Charges: This tax by SEBI is charged at flat Rs 10 per Crore.
  • Stamp Duty: This government tax is charged based on the state where customer lives.

Other Charges (Alice Blue Hidden Fees):

  • Call & Trade/Square off charges: Additional Rs 20 per executed order.
  • DP charges for delivery based equity selling - Rs 15 per transaction.
  • Standard NSE charges, transaction charges and statutory levies are charged.

Demat Account Charges:

Alice Blue is a DP service provider of CDSL. It offers Demat Account and its related services to customers.

AliceBlue Demat Charges (Regular Demat Account)

ID

Transaction

Charges

1

Demat Account Opening Charges

Rs 0

2

PoA Stamp Charges payable upfront (included with account opening charges)

Rs 150

3

Annual Maintenance Charges (AMC):

 

a. Individuals

Rs 400

 

b. Corporate

Rs 400

4

Transaction Charges per ISIN (Market Trades):

 

a. Buy (Receive)

Rs 0

 

b. Sell(Debit)

Rs 15 flat for every debit transaction

5

Inter Depository Transfer (Off-Market Trades):

 

a. Buy (Receive)

NIL

 

b. Sell(Debit)

0.04% or Rs 25 whichever is higher

6

Demat (Per certificate)

Rs 10 per certificate + Rs 50 per request

7

Remat (Per ISIN)

Rs 30 (Per certificate) + CDSL Charges

8

Courier charges per Demat/ Remat request

Rs 100

9

Pledge per ISIN

Rs 20 + Rs 12 per request (CDSL Charges)

10

Unpledge per ISIN

Rs 20 + Rs 12 per request (CDSL Charges)

11

Pledge Invocation per ISIN

Rs 20

12

Periodic Statement:

 

a. By Email

Free

 

b. Physical

Rs 0 per request

13

Adhoc / Non-Periodic Statement Requests:

 

a. By Email

Rs 0 per request

 

b. Physical

Rs 0 per request

14

Delivery Instructions:

 

a. First Delivery Instruction Book

Rs 100 (10 leaves)

 

b. Every Additional Booklet

Rs 100 (10 leaves)

15

Cheque Bounce/ Per cheque

Rs 500

16

Failed Transactions

Rs 50 per ISIN

17

Modification in CML

Rs 0 Per request

18

KRA Upload / Download

Rs 0 Per request

Alice Blue Minimum Brokerage Fee

Alice Blue charges a brokerage of flat Rs 15 per trade or 0.01% whichever is lower.

They don't charge any minimum brokerage fee. This is an advantage for traders who trade in small quantity or in penny stocks.

Note: The equity delivery trades (Cash & Carry) on Freedom (F15) plan is totally brokerage free. The customer pays only government taxes for these trades.

Alice Blue Demat Minimum Charges

S/N

Service

Fees

Minimum Fees

1

Equity Debit Transaction (Market Order)

0.04% of the value of the transaction

Rs 20

2

Equity Debit Transaction (Off Market Order)

0.04% of the value of the transaction

Rs 40

3

Debt Debit Transaction (Market Order)

0.04% of the value of the transaction (max 5000)

Rs 20

4

Debt Debit Transaction (Off Market Order)

0.04% of the value of the transaction (max 5000)

Rs 40

Visit Alice Blue Brokerage Charges Review for more detail.

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.

Alice Blue Online Account Opening

AliceBlue offers a trading and a demat account (2-in-1 account) to trade at BSE, NSE, and MCX. The company offers an account opening in 3 convenient ways:

  1. Instant Account Opening (Online eKYC and Aadhar eSign)

    Instant trading and demat account opening are available if you are eKYC complaint and your Aadhar number is linked to your correct phone number. This is the paperless way to open an account. No need to print, sign 1and send forms to the broker.

  2. Visit Alice Blue Branch

    Alice Blue has over 15 branch offices located across India. You could visit any of these branches to open an account with them.

  3. Request account opening form

    You could also request the account opening forms from the customer service. The account opening form is couriered to you. You could fill the form and send it to the given address.

The equity trading, commodity trading, and demat accounts are opened within 24 hours from when the broker receives the complete and correct forms.


Alice Blue Trading Software (Alice Blue Trading Platforms)

Alice Blue offers an online trading platform to its online customers for free. The trading platform includes a trading terminal for active traders, a website for casual traders and a mobile app for on-the-go traders.

ANT (Analysis and Trade)

ANT is the flagship trading platform offered by Alice Blue. It uses the latest technologies to help traders make informed decision while trading.

ANT is a rebranded Trading Platform build by TradeLab. The software is also used by other popular brokers like Zerodha, Religare, SASOnline, Trustline, Adroit etc. Tradelab offers cutting-edge technology platform since 2014.

Key features of ANT include a personal trading assistance to provide you with customized strategies, faster execution of trades, advanced charts with years of data, intelligent alerts and more.

ANT uses the OMNESYS NEST suite of products in the backend. This includes Omnesys API's, Risk Management System (RMS) and Order Management System (OMS). Omnesys offer the most stable and powerful backend for the trading application used by over 200 top brokers in India.

AliceBlue ANT Online Trading Software

Platform

Type

Description

ANT Desk

Trading Terminal

ANT Desk is also an installable trading terminal. It is designed for the fast, secure and flexible way to trade. This app is loaded with professional-grade tools.

ANT Web

Website

Web (browser) based trading platform with streaming quotes and rich user experience. It works with all devices with a web browser. It's a light-weight online trading app. It also includes ANT Scanner, a tool to filter stocks based on given criteria.

ANT Mobi

Android and iOS App

Android and Apple iOS mobile trading app for on-the-go traders. The trading app is loaded with rich features like the trade from the charts, trading across segment and exchanges, reports and fund transfer features. It also includes ANT Scanner, a tool to filter stocks based on given criteria.

BOT - Back office Transformation

Website

A back office software that helps customers track your day to day transactions.

All the above trading software's are available for free of charges to all customers.

 

Visit Alice Blue Trading Software Review for more detail.

Alice Blue Account Opening Enquiry

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.

Alice Blue Pros and Cons


Alice Blue Pros (Advantages)

The following are the advantages of Alice Blue. You must read Alice Blue advantages and disadvantages before opening an account with Alice Blue. Alice Blue pros and cons help you find if it suits your investment needs.

  • Equity Delivery trading in Freedom (F15) plan is free. Pay max of Rs 15 for trading in other segments.
  • No minimum brokerage. No minimum commitment. No Prepaid Plans.
  • Alice Blue is a financial services provider offering brokerage services since 2006.
  • Uses Omnesys NEST PLUS Trading Platform as the backend for ANT. Omnesys NEST offers powerful Risk Management System and Order Management System used by over 200 top brokers in India.
  • ANT Trading Software is available for free to all its customers.
  • Offers access to a range of 3rd party online trading tools & apps.
  • Advance order types i.e. Bracket Orders and Cover Orders are available to all customers.
  • Trading available at BSE, NSE, and MCX.
  • Paperless Instant Account Opening is available with eKYC and Aadhar eSignature.
  • The daily market report is available for free to all customers.
  • After trading hours orders are available.
  • Bracket Orders and Cover Orders are available.

Alice Blue Cons (Disadvantages)

The following are the cons of Alice Blue. Check the list of Alice Blue drawbacks.

  • AliceBlue no more offers full-service brokerage services. They also stopped offering unlimited monthly/yearly trading plans.
  • Online IPO, NCD, and Corporate bonds are not available.
  • Broker-assisted trades (Call & Trade) are available at an extra Rs 20 per executed order.
  • Good Till Cancelled GTC Orders are not available.

Open Instant Account with Alice Blue

Alice Blue Margin Exposure

Alice Blue margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Alice Blue F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Alice Blue F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure)1x

Alice Blue Ratings

Overall Rating Rated 3.3 stars 3.3/5
Fees Rated 3.8 stars 3.8/5
Brokerage Rated 3.7 stars 3.7/5
Usability Rated 3.5 stars 3.5/5
Customer Service Rated 3.0 stars 3.0/5
Research Capabilities Rated 2.0 stars 2.0/5

Based on 35 Votes by Alice Blue Customers

Do you trade with Alice Blue? Rate Alice Blue


Alice Blue Complaint

The number of Alice Blue customer complaint received by the exchanges. The Alice Blue consumer complaint report helps understanding the Alice Blue Financial Services quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2021-22 149,397 90 0.06%
BSE 2021-22 19,035 5 0.03%
NSE 2020-21 125,223 167 0.13%
BSE 2020-21 3,088 3 0.1%
NSE 2019-20 37,295 87 0.23%
BSE 2019-20 3,071 5 0.16%
NSE 2018-19 6,513 7 0.11%
NSE 2017-18 5,181 17 0.33%
NSE 2016-17 4,476 30 0.67%
BSE 2016-17 54 1 1.85%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit Alice Blue Complaints at BSE, NSE and MCX for detail report.


Frequently Asked Questions

  1. 1. What is Alice Blue?

    Alice Blue is a Bangalore-based discount stock broker offering online Equity, Currency, and Commodity trading services on BSE, NSE, MCX, and MCX-SX (now known as MSE). The company also provides mutual fund investment services to its clients. Alice Blue offers depository services through its membership with CDSL.

    Alice Blue offers both fixed price and percentage-based brokerage plans. The company provides up to 10 times exposure on intraday trades.

    Alice Blue offers its clients access to ANT trading software. ANT is available in desktop, mobile, and web versions and offers many useful trading features to traders. The company's 'Trade Store' offers its clients access to more than 15 third-party trading platforms and products like Sensibull, Smallcase, etc. Clients can buy access or subscribe to various products from the store.

    Alice Blue runs an online investor education platform known as Trade School that offers webinars, articles, and other content on various aspects of investing and trading. The company has a network of more than 1000 branches and partners across India.

     

     

  2. 2. How is Alice Blue broker?

    Alice Blue is a reliable discount stock broker in India. The company has been offering services since 2006. It has a strong physical presence across India. Alice Blue is a SEBI registered broker and is a member of NSE, BSE, MCX, and MCX-SX(now known as MSE). Alice Blue is a DP (Depository Participant) with CDSL.

    Overall, Alice Broker is a good broker with no major violations reported to date.

     

     

  3. 3. How to buy shares in Alice Blue?

    You can buy shares in Alice Blue either through its website or ANT Mobi app.

    Steps to buy shares in Alice Blue:

    1. Open the 'ANT Mobi' mobile trading app/website by Alice Blue.
    2. Log in using your Client ID and password that opens the default market watchlist screen displaying different scrips.
    3. Type and select the name of the stock you want to buy using the search icon on the top right corner of the screen.
    4. Click on the 'BUY' button on the bottom left of the screen.
    5. Enter the quantity and price at which you want to buy the stock. Hit on the 'BUY' button at the bottom of the screen to confirm your order.

     

     

  4. 4. How to open an Alice Blue account online?

    Alice Blue offers instant online paperless account opening in few minutes. The account opening process is integrated with the e-KYC and Aadhaar.

    Steps to open Alice Blue account online

    1. Click here to go to Alice Blue website.
    2. Go to Ekyc Sign-upfor opening an online trading account.
    3. After you submit the E-KYC, update your Email id, Mobile number and select the nearest branch.
    4. Once you enroll, update your PAN and Date of Birth.
    5. Choose applicable segments with respective Alice Blue brokerage plans.
    6. Complete the payment process.
    7. Update your Profile with Aadhaar details, Address,
    8. You will receive an OTP on your registered mobile number. Enter the same
    9. Update your Bank Details.
    10. Verifyyour personal information.
    11. Update your Financial Detailslike Occupation, NET income, Tax details, etc.
    12. Select your nomination
    13. Upload the required documents.
    14. Select 'Digio' for e-signature.
    15. You will receive 2 OTPs.
    16. Update both OTPs and then download the Online Registrationform enclosed with a Client code and proof.

     

     

  5. 5. How to close Alice Blue trading account online?

    Alice Blue trading account can be closed online by following the below steps:

    1. Visit Aliceblue Backoffice website (BOT).
    2. Log into your account.
    3. Click on "Account Profile".
    4. Click on the "Account Closure" from the drop-down.
    5. Fill & submit the feedback form.
    6. Click to confirm whether the account closure is temporary or permanent.
    7. Upload the filled and signed account closure form.

    Please note:

    • There should be no negative balance in your trading account before submitting the account closure request.

     

     

  6. 6. Is Alice Blue a discount broker?

    Yes, Alice Blue is a discount broker offering simple and low-cost brokerage plans to its customers. The company is SEBI registered broker that provides a robust trading platform to its clients. Alice Blue facilitates trading for both beginners and experts through the mobile, desktop, and web versions of its ANT platform.

    Incorporated in 2006, Alice Blue offers to trade in Stocks, F&O, Currency & Commodity at BSE, NSE, and MCX and provides Demat account services through its membership with CDSL.

     

     

  7. 7. Is Alice Blue a good broker?

    Alice Blue is a SEBI registered discount stock broker in India. The company offers brokerage-free equity delivery and charges a maximum brokerage fee of Rs 15 for trade in all other segments.

    Alice Blue offers a safe, secure & robust trading platform ANT (Analyse and Trade) to its customers for mobile, desktop, and web platform trading. The broker offers investments across multiple asset classes like Stocks, Commodities, Currencies, Mutual Funds, and IPOs.

     

     

  8. 8. Is Alice Blue free?

    Alice Blue offers free Equity Delivery trading and brokerage-free mutual fund investments.

    The company charges Rs 150 towards account opening and Rs 400 as annual maintenance charges for the Demat account. Alice Blue levies a maximum of Rs 15 per executed order across all segments as brokerage.

    Alice Blue account opening and AMC charges

    Transaction Head Charges

    Trading Account Opening Charges

    Rs 150

    Trading Account AMC Charges

    Rs 0

    Demat Account Opening Charges

    Rs 0

    Demat AMC Yearly charge

    Rs 400

    Alice Blue Brokerage Charges

    Segment Charges

    Equity Delivery

    Free

    Equity Intraday, Equity Futures, Currency Futures, Commodity Futures

    Rs 15 per order or 0.1% whichever is lower

    Equity Options, Currency Options, Commodity Options

    Rs 15 per order

     

     

  9. 9. How to deactivate the Alice Blue account?

    You can deactivate your Alice blue account online. Please make sure that there should be no negative balance in your account before submitting an account closure request. Also, please ensure that you do not have any securities in your Demat account before submitting an account closure request.

    Steps to deactivate Alice blue account:

    • Login to your Alice Blue BOT portal using your ANT credentials.
    • Download the Account Closure Form from the 'Downloads' section and fill it.
    • Click on 'Account Profile'.
    • Select 'Account Closure' from the drop-down.
    • Fill the feedback form.
    • Upload your Account closure form and submit the request.

    It takes around 7-10 working days to close the account.

     

     

  10. 10. What is MTF in Alice Blue?

    MTF (Margin Trade Facility) in Alice Blue allows you to buy securities by paying a partial amount against the entire worth of the stocks. You can also pledge your securities to avail collateral margin facility.

    Steps to activate the MTF facility in Alice Blue:

    1. Login to the 'BOT application'.
    2. Click on 'My Requests'.
    3. Click on 'MTF'.
    4. Read and accept the Terms & Conditions and submit the request.

    The MTF facility gets activated within 24 hours after the request submission.

     

     

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.

51 Comments

51. Maharudra m kale   I Like It. | Report Abuse |   Link | Dec 7, 2021 3:47:16 PM Reply
Alicblue Brokar company its is froud company muje sub brokar ka partnership diya gaya maine kam bhi kiya mera 2983 /- Ru Brokarej Collect huwa Abhi payout dena hai to abhi nahi de rahi meri all new logose reqwest hai ki aap iake jal me na aaye fasate hai falatugi hai Hai sub Ant ka application bhi bogas hai Order nahi lagaye to bhi automatic order genret karata hai jo loss huwa usaki customer cer ko pucha to kucha bhi answer nahi karate kucha bhi response nahi karate so all new member ye logose bachake rahana to ho
51.1. gunashekar a   I Like It. | Report Abuse |   Link | Apr 13, 2022 10:25:33 AM
hi sir can you share the contact number so we can discuss on this
50. Ismail   I Like It. | Report Abuse |   Link | Jan 22, 2022 10:20:30 PM Reply
Your mobile application Not comfortable


Ratings:

Brokerage - Average
Account Maintenance Fees - Above Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Average
Overall Experience - Average
49. satish   I Like It. | Report Abuse |   Link | Dec 8, 2021 2:11:06 PM Reply
V.GOOD

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Average
Customer Service - Excellent
Overall Experience - Excellent
48. Leo Mohan   I Like It. | Report Abuse |   Link | Nov 2, 2021 9:53:32 AM Reply
One of the worst customer service I have ever faced. Never I recieve a solution for any of my queries. They used to tell will get back to me but never come.
Also the broker defaulted to transfer the shares to the exchange on time which has lead to a huge penalty for me.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
47. Satish   I Like It. | Report Abuse |   Link | Sep 26, 2021 1:10:10 AM Reply
AliceBlue charges Rs. 15/ Lot, not per order like in Zerodha and others, thats too much.
46. Vinay Raj   I Like It. | Report Abuse |   Link | Jun 19, 2021 1:49:50 AM Reply
Best brokerage services but they need to upgrade their technology compare to others especially in mobile app

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Excellent
Research Capabilities - Below Average
Customer Service - Average
Overall Experience - Above Average
45. Koushik   I Like It. | Report Abuse |   Link | Jun 18, 2021 11:57:18 AM Reply
Worst broker. You plan your trade and suddenly you see the margin doubled due to volatility. No broker in the world doubles the margin at the drop of a hat. They don't even inform customers. And their margin calculator is useless, it is not updated for ages. Do not fall into their trap. I had moved to finvasia quickly. It is your money at risk, and you had been warned.
44. Rohith Ramanna   I Like It. | Report Abuse |   Link | May 22, 2021 3:44:47 PM Reply
Customer service is pathetic, terminal is unstable and SL orders get cancelled in middle of a trade, will not be able to exit positions

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
43. balakrishnan   I Like It. | Report Abuse |   Link | Apr 23, 2021 6:03:36 PM Reply
It is having lot of hidden charges compared to other brokers, Be Aware it.
42. Pranav   I Like It. | Report Abuse |   Link | Feb 25, 2021 9:15:42 AM Reply
Worst broker. They do not have a stable system. Even API code they provide is not accurate. BTST not available. They have been running complete trading on Beta website since 1 month. They don't have a fully developed system. Even you can improve there API code better than them. Only good thing is free web socket data after account opening. The only reason to have account with them is live data.
41. Aniket Subhashrao Deshmukh   I Like It. | Report Abuse |   Link | Feb 3, 2021 8:37:27 PM Reply
FUNDS ADDING ISSUE IS THE MAJOR DRWABAG.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
40. Satish Kumar   I Like It. | Report Abuse |   Link | Jan 31, 2021 1:33:56 PM Reply
One good thing is common account for NSE and MCX. yes no need to feed money for NSE and MCX separately.
39. Madhu Koli   I Like It. | Report Abuse |   Link | Dec 12, 2020 1:04:41 PM Reply
Worst fraud broker. They advertise one, operate under another one in terms of margin or brokerage. Brokerage and hidden charges let u feel robbed and beat on their firm. One small example is that, they show BO order Rs.4. But in reality it is Rs.9.44. They don't even know or care that BO itself means Bracketing both entry and exit. But these waste broker charge on both entry and exit which is too much frustrating. Some times order stuck in the way to exchange and u r done. Ur losses or profits undefined. U cannot get any solvation from this broker. If at all to rate this broker we shall rate in Negative only not even a single star, because this broker is a FRAUD star for which we can't give any stars.
38. Madhu Koli   I Like It. | Report Abuse |   Link | Dec 12, 2020 12:32:36 PM Reply
This broker is a fraud. They charge high brokerage n hidden charges are absolute not at all controllable. Account opening is pathetic. Even if u got opened, there starts the journey of seating on which, u have needles which r not visible to u. U may try to sit comfortably as far as u can, but u can't. They show brokerage plans margin plans which are totally different. There comes the BO Order charge which is worst scenario. Arey o lafoot faultuu joker broker, BO itself brackets both entry and exit under one order. Then how can u charge entry and exit seperately???? Worst fraud milmaker Broker.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
37. Mahesh Patange   I Like It. | Report Abuse |   Link | Oct 10, 2020 1:16:29 PM Reply
Alice blue very poor account opening process, I have apply for account opening and pay 500rs but from one month over/ completed not open my account and customer care not responding me so I think I lost my 500 RS.
36. Enrich Financial   I Like It. | Report Abuse |   Link | Nov 20, 2020 3:57:03 PM Reply
Enrich is the best online broking firm dealing with top 3 asset classes like Equity, Commodity and Mutual Funds.
Enrich provides promising customer services with quality products.
Enrich trading platforms Market Hunt and Mobile Hunt are the most advanced trading software among other brokers.
Enrich provides free intraday trading tips and calls for every market movements.
35. BISWAJIT BHANJA   I Like It. | Report Abuse |   Link | Nov 17, 2020 3:17:39 PM Reply
ALICEBLUE is 3rd class broker. They can't even open a corporate Trading & Demat account after receiving all the necessary documents for the same one and half months before. It's more than one and half month we are waiting for the same. They are not receiving any calls, don't even bother to ring back or to repose any email from us. I haven't seen such kind of stock market broker in my stock market career (20 years). I don't think they deserve to do business in stock market domain.
34. Susanta Guru   I Like It. | Report Abuse |   Link | Nov 6, 2020 2:56:42 PM Reply
Just terrible from all front.

1. The web portal gets hang most of the peak time, order execution takes time.
2. Lot of hidden charges and no explanation. Some penalty they charge like "DAILY PRCESS LATE PAYMENT" without any reason. It will kill all your profit.
3. Service; just forget it.

Good luck those who trade with Aliceblue, I had two accounts but closed one now and the other one is going to close by this month.


Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
33. Es   I Like It. | Report Abuse |   Link | Oct 13, 2020 11:54:35 PM Reply
Future charges are more, cannot take multiple trades, huge % of profit eaten as commission and charges.. zerodha s the best.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Very Poor
Customer Service - Below Average
Overall Experience - Below Average
32. Mahesh Patange   I Like It. | Report Abuse |   Link | Oct 10, 2020 2:14:39 PM Reply
Alice blue very poor account opening process, I have apply for account opening and pay 500rs but from one month over/ completed not open my account and customer care not responding me so I think I lost my 500 RS.

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