Prabhudas Lilladher vs Alice Blue Comparison: 2024
About Prabhudas Lilladher
Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.
PL India: Formation & Glimpse
Shahrukh Khan is a legend in the Indian film industry. We all know his name and movies irrespective of our age and liking. Did you know that there are legendary pioneers in financial markets as well?
That brings us to today’s topic, "Prabhudas Lilladher".
Let us start by answering the first question: Who is Prabhudas Lilladher?
Prabhudas Lilladher or more popularly known as PL India is one of the oldest stockbroking houses in India. The company was registered in the year 1944 by Prabhudas Lilladher as a stock broking company in India.
But, over the years the company has seen a gradual growth and expanded to become a one-stop-shop for companies all financial needs.
The company’s headquarters is at Mumbai but it has spread its presence in over 30+ cities of India.
Moreover, PL India is
About Alice Blue
A Bangalore based discount broker, Alice Blue is working hard to get ahead in the list of discount brokers in India. Of course, it isn't that easy to maintain a stronghold amid other key players in the stock broker world. However, it's brokerage free equity delivery model is catching the attention of potential traders.
Alice Blue is an online stockbroker and one of the oldest stockbrokers in the Indian capital market. This modern, technology-driven firm was incorporated in 2006 with the vision to provide advanced broking services to its clients and stakeholders. The USP of Alice Blue is the cost-free broking solutions they provide. With zero trading charges and dedicated customer support services, Alice Blue Stock Broking firm stands out in the Stock market as exemplary.
Alice Blue: Overview
Founded by Sidhavelayutham M. in Bangalore who is now CEO of the company introduced the concept of professional marketing of broking services
Prabhudas Lilladher vs Alice Blue Account Opening Charges: 2024
| Charge | Prabhudas Lilladher | Alice Blue |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | Equity ₹310, MCX ₹200 & ₹500 All segments |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹250, free for 1st year | ₹400 |
Prabhudas Lilladher vs Alice Blue Brokerage Charges and Plans : 2024
| Charge | Prabhudas Lilladher | Alice Blue |
|---|---|---|
| Plan Name | N/A | Freedom 15 Plan |
| Equity Delivery | 0.2% | ₹0 |
| Equity Intraday | 0.02% | ₹15 per order or 0.01% whichever is lower |
| Equity Futures | 0.02% | ₹15 per order or 0.01% whichever is lower |
| Equity Options | 0.02% | ₹15 per order |
| Currency Futures | 0.02% to 0.01% | ₹15 per order or 0.01% whichever is lower |
| Currency Options | ₹15 per Lot | ₹15 per order |
| Commodity Options | 0.02% | Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order |
| Mutual Fund | N/A | N/A |
Prabhudas Lilladher vs Alice Blue Margin / Exposure: 2024
| Segment | Prabhudas Lilladher | Alice Blue |
|---|---|---|
| Equity Delivery | N/A | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
| Equity Intraday | N/A | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
| Equity Future | N/A | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
| Equity Options | N/A | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x |
| Currency Future | N/A | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
| Currency Options | N/A | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x |
| Commodity Future | N/A | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
| Commodity Options | N/A | N/A |