Alice Blue Stock Trading, Demat, Brokerage and Reviews 2020


132.29% 86,631 Clients

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 2 brokerage plans, 'Trade Pro' and 'Freedom 20' to its customers. In the 'Trade Pro' plan, the company charges percentage-based brokerage. Customers have to pay a fixed percentage of the trading value. For intraday trading, a trader has to pay 0.01% of the trade value for equity, Futures and Commodity segment and ₹20 per lot for Options. For delivery trades, the company charges 0.1% for equity delivery, 0.01% for Futures & Commodities and ₹20 per lot for Options trading.

The flat fee brokerage plan (Freedom 20) is designed to minimize 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 ₹20 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.

₹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: ₹600 pm

Pro: ₹950 pm

Smallcase

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

₹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 20 - 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 ₹20 whichever is less brokerage for all other segments at BSE, NSE, and MCX.
    • Higher Limits in Equity Intraday (Up to 20x).
    • 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 Offers

Free Equity Delivery Trade

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you.


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 2020

AliceBlue Account Opening Fees & Annual maintenance charges (AMC)

Trading Account Opening Charges (One Time)

  • Equity Trading + Demat Account: ₹310
  • MCX (Lifetime trading account): ₹200
  • ₹500 All segments

Trading Annual maintenance charges (AMC)

₹0

Demat Account Opening Charges (One Time)

₹0

Demat Account Annual Maintenance Charges (AMC)

₹400

Note:

  • GST (18%) is applicable on all the charges.

Alice Blue Brokerage & Fees- Trade Pro Plan

Equity Delivery Brokerage

0.1%

Equity Intraday Brokerage

0.01%

Equity Future Brokerage

0.01%

Equity Option Brokerage

₹20 per lot

Currency Future Brokerage

₹10 per lot

Currency Option Brokerage

₹20 per lot

Commodity Future Brokerage

0.01%

Commodity Option Brokerage

₹20 per lot

Alice Blue Brokerage & Fees- Freedom Plans (F20)

Equity Delivery Brokerage

₹0 (free)

Equity Intraday Brokerage

₹20 per order or 0.01% whichever is lower

Equity Future Brokerage

₹20 per order or 0.01% whichever is lower

Equity Option Brokerage

₹20 per order

Currency Future Brokerage

₹20 per order or 0.01% whichever is lower

Currency Option Brokerage

₹10 per order

Commodity Future Brokerage

₹20 per order or 0.01% whichever is lower

Commodity Option Brokerage

₹20 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 ₹325 per crore | BSE ₹325 per crore

NSE ₹325 per crore | BSE ₹325 per crore

Goods and Services Tax (GST)

18% on (Brokerage + Transaction Charge)

18% on (Brokerage + Transaction Charge)

SEBI Charges

₹5/Crore

₹5/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 ₹190 per crore | BSE ₹190 per crore

NSE ₹5000 per crore | BSE ₹5000 per crore

Goods and Services Tax (GST)

18% on (Brokerage + Transaction Charge)

18% on (Brokerage + Transaction Charge)

SEBI Charges

₹5/Crore

₹5/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 ₹200 per crore

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

Non-Agri ₹260 (0.0026%) | Agri ₹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

₹5/Crore

₹5/Crore

₹5/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 ₹5 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 ₹20 per executed order.
  • DP charges for delivery based equity selling - ₹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

₹0

2

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

₹150

3

Annual Maintenance Charges (AMC):

 

a. Individuals

₹400

 

b. Corporate

₹400

4

Transaction Charges per ISIN (Market Trades):

 

a. Buy (Receive)

₹0

 

b. Sell(Debit)

₹15 flat for every debit transaction

5

Inter Depository Transfer (Off-Market Trades):

 

a. Buy (Receive)

NIL

 

b. Sell(Debit)

0.04% or ₹25 whichever is higher

6

Demat (Per certificate)

₹10 per certificate + ₹50 per request

7

Remat (Per ISIN)

₹30 (Per certificate) + CDSL Charges

8

Courier charges per Demat/ Remat request

₹100

9

Pledge per ISIN

₹20 + ₹12 per request (CDSL Charges)

10

Unpledge per ISIN

₹20 + ₹12 per request (CDSL Charges)

11

Pledge Invocation per ISIN

₹20

12

Periodic Statement:

 

a. By Email

Free

 

b. Physical

₹0 per request

13

Adhoc / Non-Periodic Statement Requests:

 

a. By Email

₹0 per request

 

b. Physical

₹0 per request

14

Delivery Instructions:

 

a. First Delivery Instruction Book

₹100 (10 leaves)

 

b. Every Additional Booklet

₹100 (10 leaves)

15

Cheque Bounce/ Per cheque

₹500

16

Failed Transactions

₹50 per ISIN

17

Modification in CML

₹0 Per request

18

KRA Upload / Download

₹0 Per request

Alice Blue Minimum Brokerage Fee

Alice Blue charges a brokerage of flat ₹20 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 (F20) 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

₹20

2

Equity Debit Transaction (Off Market Order)

0.04% of the value of the transaction

₹40

3

Debt Debit Transaction (Market Order)

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

₹20

4

Debt Debit Transaction (Off Market Order)

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

₹40

Visit Alice Blue Brokerage Charges Review for more detail.

Special Offer: Alice Blue Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer

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.

Contact Alice Blue / Request Call Back

Alice Blue Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer

Name:Phone
EmailCity
State
Are you a day trader?

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 (F20) plan is free. Pay max of ₹20 for trading in other segments.
  • No minimum brokerage. No minimum commitment. No Prepaid Plans.
  • Higher intraday leverage. Up to 20x leverage in equity intraday.
  • 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 ₹20 per executed order.
  • Good Till Cancelled GTC Orders are not available.

Alice Blue Financial Services Enquiry Form

Alice Blue Margin / Exposure

Alice Blue leverage for intraday, delivery, options, currency and commodities.

SegmentMargin
Equity DeliveryIntraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity IntradayIntraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity FutureIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity OptionsIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Currency FutureIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Currency OptionsIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Commodity FutureIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity Options

Visit Alice Blue Margin Review for more detail.


Alice Blue Ratings

Overall Rating Rated 3.5 stars 3.5/5
Fees Rated 4.0 stars 4.0/5
Brokerage Rated 3.8 stars 3.8/5
Usability Rated 3.7 stars 3.7/5
Customer Service Rated 3.1 stars 3.1/5
Research Capabilities Rated 2.0 stars 2.0/5

Based on 29 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 2020-21 86,631 107
BSE 2020-21 3,088 3
NSE 2019-20 37,295 87
BSE 2019-20 3,071 5
NSE 2018-19 6,513 7
NSE 2017-18 5,181 17
NSE 2016-17 4,476 30
BSE 2016-17 54 1
NSE 2015-16 4,317 22
NSE 2014-15 3,804 10

* 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.


Alice Blue Exposure- Freedom (F20) Plan

Segments

MIS -Intraday

Bracket Order

Cover Order

CNC- Delivery

Equity

10X

20X

NA

3X

Future

5X

20X

20X

1X

Options Buy

3X

NA

NA

1X

Options Sell

5X

NA

NA

1X

MCX

5X

20X

20X

1X

Note- On expiry day Index option limit will be 5X on selling


34 Comments

Es
34. Es  Oct 13, 2020 23:54 I Like It. | Report Abuse 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
Mahesh Patange
33. Mahesh Patange  Oct 10, 2020 14:14 I Like It. | Report Abuse 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.
Mahesh Patange
32. Mahesh Patange  Oct 10, 2020 13:16 I Like It. | Report Abuse 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.
Balakrishnan c
31. Balakrishnan c  Dec 9, 2019 21:55 I Like It. | Report Abuse Reply
It is just a piece of shit. worst customer service Especially ERODE branch.They think that they are government employee no need to respond to any customer request.There are some HIDDEN CHARGES TOO. beware from this kind of ----
PERUMAL
31.1. PERUMAL  Mar 20, 2020 22:07 I Like It. | Report Abuse
CORRECT SIR
Susanta Guru
31.2. Susanta Guru  Oct 9, 2020 05:45 I Like It. | Report Abuse
Very much true, no response from local representatives about any query, lot of hidden charges and never clarify why those charges, patheitic.. Just stay away guys..
Susanta Guru
30. Susanta Guru  Oct 9, 2020 05:43 I Like It. | Report Abuse Reply
Very bad from all aspects, be not clarified cost/deductions, local or email services, web portal is horrible which never works when needed (rush hour).

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Ranchhodbhai Patel
29. Ranchhodbhai Patel  Oct 4, 2020 11:53 I Like It. | Report Abuse Reply
Very Bad stock broker. No clarity about margin facility in different trades. How we can manage our day trade without clarity of margin? Its margin calculator & actual trading result showing different, so many times my entry orders are rejected. So changes to get profit was lost many times. Web trading terminal also very bad. Not showing trade entry in time. Its staff also very bad, never replying to our questions. Over all my opinion, please not open account with aliceblue broker. Quick immedigiately.
R.R.MANIKANTAN
28. R.R.MANIKANTAN  Sep 22, 2020 23:57 I Like It. | Report Abuse Reply
Please avoid this broker. They have given wrong commitments, and putting brokerage plan on their own. There is huge communication gap between new customer and front line staff. After collecting the account opening fee, they have not at all cared the customers. My humble request you not to open account with this broker.
dipak kr bhunia
27. dipak kr bhunia  Sep 12, 2020 01:09 I Like It. | Report Abuse Reply
VERY VERY BAD SERVICE FROM KOLKATA, MAN RECEIVING PH NO 7003297641, DOESN'T HAVE ANY PATIENCE,NOT WORTHY OF BEING A PERSON. COMPANY SHOULD TAKE APPROPRIATE ACTION. OUT DATED SOFTWARE. VERY ROUGH BEHAVIOUR FROM KOLKATA

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Below Average
Monica Saha
26. Monica Saha  Sep 3, 2020 18:37 I Like It. | Report Abuse Reply
Hi,
Please do not open account with Alice blue. No clarity provided on Margin used and available cash.I have lost almost 8k without any intimation. Customer care executives disconnecting the calls during the discussion if no answer is available.
Alice Blue sold my shares without any notice, when I received a msg then i called customer care and then they have informed that you have used margin so we recovered. They have sold the share in loss.
Customer care service is pathetic, no clarity to executives.
Finally I took a call and discontinuing my account with Alice Blue.
Regards,
Monica Saha
kamlesh jat
25. kamlesh jat  Sep 1, 2020 14:02 I Like It. | Report Abuse Reply
Worst discount broker ever seen. no reply after fee payment, no response from there team even after writing several mail to them.

Do not go with such broker

better to go with Zerodha or Upstox

HUDDA KAMRUDDIN R
24. HUDDA KAMRUDDIN R  Aug 15, 2020 17:03 I Like It. | Report Abuse Reply
NEVER OPEN ACCOUNT IN ALICE BLUE ,THEY DEDUCTED MY R200 FOR ACTIVATING
MCX. I HAVE BEEN TRYING TO CONTACT BY MAIL AND CALL NOBODY IS ANSWERING
STIL MY MCX NOT ACTIVATE A MONTH HAS PASSED.THEY ARE CHEATER AND IRRESPONSIBLE

Ratings:

Brokerage - Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
tekchand thakre
23. tekchand thakre  Jul 12, 2020 13:06 I Like It. | Report Abuse Reply
customer service is excelent
but nowadays index margin is so high befor banknifty has 2500 1lot but now 7900
retail trder can not efford
Rony
22. Rony  Jul 3, 2020 12:16 I Like It. | Report Abuse Reply
Alice has very poor support & Customer Service team. For someone new to Trading should not open an account with Alice Blue.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Very Poor
Purushottam
21. Purushottam  Jun 10, 2020 19:56 I Like It. | Report Abuse Reply
Worst broker in managing upcoming customers. High regret to try opening account in Alice blue. Regional contact, support mail ID and all other point of contact are really worse. Paid for services but unable update bank account details since their site is not updated for all IFSC codes. Really Pathetic service.
Vitthal
20. Vitthal  Apr 1, 2020 21:18 I Like It. | Report Abuse Reply
Awesome broker

Ratings:

Brokerage - Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Average
Overall Experience - Above Average
Hemant
19. Hemant  Jun 21, 2020 23:34 I Like It. | Report Abuse Reply
Ant web is having serious glitch order entry is fast nd exit will tk time ...its shows pending validation....by then option price goes rs down....worst experience nd very high brokerages!!
Jack Daniel
18. Jack Daniel  May 20, 2020 14:54 I Like It. | Report Abuse Reply
Fraud Cheaters bloodsucker chor company. Worst broker I have ever experienced in my life. they charge brokerage 1000% more than they have mentioned in their pricing list which is Rs.20 or 0.01 % which is lower but they charge 1000% more. It seems like we came here to trade to earn their brokerage. I earned nearly 4520 in MTM in option trading and they charged 3860 as their brokerage and other taxes. and eventhey square off my position automatically when my MTM lose is little higher. Request you everyone don't ever open account in this broker this company is totally fraud and nothing else. even the customer service is pathetic their phone number is 24hours busy can expect to help anything from their side and chat service it takes 4 hours to get reply from them and when I send another message I have to wait another 4 hours to get the reply. it takes a day to get 3 message from their end. just their customer support representatives are recruiting mostly how doest know about stock trading they don't know anything when we ask something to help. WORST WORST WORST. they sucked everything what I have earned and make lose my hard earned money. i m really disappointing opening account in this broker. BEWARE OF SUCH FAKE COMPANY. CHOR COMPANY
arjun
18.1. arjun  Jun 20, 2020 14:44 I Like It. | Report Abuse
asper your brokerage plan they can charge
if you select F20 plan so they charge single trade F20 brokerage
or 0.01% they charge to your total turnover base brokerage
example
if you trade nifty fut with 0.01 paise brokerage plan
they charge you (buy+sell =150) +exchange charge is different so you total brokerage almost 200rs for niftyFut
Rajesh Singh
17. Rajesh Singh  May 24, 2020 13:47 I Like It. | Report Abuse Reply
ALICEBLUE WORST OF THE WORST BROKER. Don''t even think about opening an account with them. They do''t have any kind of service, irresponsible & unprofessional staff. they sold all my holdings without my knowledge and make me loss of Rs.765000. who will bear my losses?

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
arjun
17.1. arjun  Jun 20, 2020 14:38 I Like It. | Report Abuse
sir without information they cant sold your stocks
if you have debit or MTM LOSS then they sold your stocks with inform to you mail or message
Jack Daniel
16. Jack Daniel  May 20, 2020 14:56 I Like It. | Report Abuse Reply
Fraud Cheaters bloodsucker chor company. Worst broker I have ever experienced in my life. they charge brokerage 1000% more than they have mentioned in their pricing list which is Rs.20 or 0.01 % which is lower but they charge 1000% more. It seems like we came here to trade to earn their brokerage. I earned nearly 4520 in MTM in option trading and they charged 3860 as their brokerage and other taxes. and eventhey square off my position automatically when my MTM lose is little higher. Request you everyone don't ever open account in this broker this company is totally fraud and nothing else. even the customer service is pathetic their phone number is 24hours busy can expect to help anything from their side and chat service it takes 4 hours to get reply from them and when I send another message I have to wait another 4 hours to get the reply. it takes a day to get 3 message from their end. just their customer support representatives are recruiting mostly how doest know about stock trading they don't know anything when we ask something to help. WORST WORST WORST. they sucked everything what I have earned and make lose my hard earned money. i m really disappointing opening account in this broker. BEWARE OF SUCH FAKE COMPANY. CHOR COMPANY

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
veer
15. veer  May 6, 2020 21:14 I Like It. | Report Abuse Reply
provide false information that DEMAT AMC free for life time but when I contact Alice Blue they tell us that we did not provide FREE AMC DEMAT ACCOUNT so it is FALSE information povided by chittorgarh.com

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