Alice Blue: Commodity Trading: Brokerage, Charges, Reviews: 2024
The stockbroker does provide commodity trading in the stock market. The brokerage fee charged is 20 rupees per trade. The trades can be executed through any of its trading tool platforms. However, the mobile application might be a let-down for many but makes up beautifully through the research tips and the transparency it has to offer in trading.
The stockbroker does provide commodity trading in the stock market. The brokerage fee charged is 20 rupees per trade or as per plan selected The trades can be executed through any of its trading tool platforms. However, the mobile application might be a let-down for many but makes up beautifully through the research tips and the transparency it has to offer in trading.
Brokerage Fee of Alice Blue in Commodity Trading
The brokerage fee associated with the stockbroker is for commodity options is 20 rupees per order and 0.01% for the commodity future brokerage. Moreover, the brokerage fees tend to changes based on the plan that you might have taken. Users can get commodity future brokerage of 20 rupees per order or 0.01% of the total order (whichever is lower). For commodity, option brokerage is 20 rupees per order.
Advantages of Commodity Trading with Alice Blue
- There is high margin trading option available.
- High intraday leverage.
- Multiple trading tools to maximize the overall trading experience.
- While the ANT software is free for its customers, others come at a cost.
- A detailed report of a commodity segment is available for its customers for free.
Disadvantages of Commodity Trading with Alice Blue
- There is no full-service brokerage offered.
- The fee charged for call and trade is 20 rupees, which is quite expensive.
- GTC orders aren’t available anymore with the stockbroker.
The flat fee across all segment is quite the deal maker for many. However, the different plans and hidden charges associated with the stockbroker can make users look elsewhere. But then, if straightforward trading is what you’re looking for, then Alice Blue is a broker made for commodity trading.
Alice Blue Commodity F&O Brokerage: 2024
| Charge | Commodity Futures | Commodity Options |
|---|---|---|
| Brokerage | 0.01% or Based on Brokerage Plan Selected | ₹15 per lot or Based on Brokerage Plan Selected |
| Securities Transaction Tax (STT) | 0.01% on Sell Side (Non-Agri) | 0.01% on Sell Side (Non-Agri) |
| Transaction / Turnover Charges | Non-Agri ₹260 (0.0026%) | Agri ₹260 per Crore | Non-Agri ₹260 (0.0026%) | Agri ₹260 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 |