How do you trade in Alice Blue?

Short Answer

To trade with Alice blue, simple choose any of their trading tools, enter your login ID and password, choose the stock you wish to trade, and start trading by either buying or intraday trading.

Detailed Answer

Alice blue is one of the many stockbrokers in the country that happens to be a discount broker. The various segments in which trading is feasible are BSE, NSE, and MCX. The rise to fame for the broker are the plans that it has to offer. There are two brokerage plans, namely trade pro and freedom 20. For trade pro, traders have to pay a small brokerage fee of 0.01% of the total trade for all segments except for options, where it is 20 rupees per trade.

For freedom 20, its flat 20 rupees for all trades that are executed across all segments. While having more than 1000+ partners in the country and 17 branches in the country, it’s a budding broker with much potentials. However, for many who might want to use the broker to trade in the stock market, getting started might be difficult. For the same, we have provided a guide below to help you with the same. Check It out.

Trading in Alice Blue

  1. The first and foremost step would be to open a Demat account with the stockbroker. It can be done either by visiting the branch and opening the account, asking them to courier the opening forms, downloading the account opening application from their website, and sending it back via courier.
  1. Once the account is open, head to the trading terminal website and enter your login ID and password.
  1. The dashboard should open, showcasing all your investments, P&L statement, changes, and much more.
  1. A market watch should be present on the left-hand side. Add stocks or indices here to monitor them.
  1. Once added, if you want to buy them, then hover the mouse over it, and then you should see an option to buy.
  1. Place the order that you require, provided you have enough funds in your account.
  1. If successful, it should showcase in your “position” tab on your dashboard.

Bottom line

Alice blue is quite a reputable stockbroker in the country. It does offer surplus trading tools and different trading platforms which can be accessed for free. However, the cost of opening an account is quite higher, and even the process can be tricky. Moreover, the trading process is simple and straightforward, thanks to its plenty of trading tools and a straightforward approach to executing trades.

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