SBIcap Securities vs Alice Blue Comparison: 2024

About SBIcap Securities

SBI cap securities is the broking arm of the decades old and one of the top financial bodies SBI Capital Market ltd. Having the leverage of such an influential bank as a parent body, SBI Securities Ltd. or SSL is one of the leading stock brokers in India. They deal with a variety of depository participant (DP) services as well as equity, derivatives, broking and E-broking services to cater to both national and NRI clientele. SSL has been assigned the title of 'BQ1' (The Highest grade) by CRISIL for its operational qualities and services.

SBI Cap Securities: Overview

Founded in 2006 by Arun Mehta, SSL is a Mumbai-based Full service broker which offers trading in Equity delivery, Equity intraday, Commodity options, Equity futures, Equity options, Currency options and Currency futures. The minimum broking charge is Rs.10 per transaction.

It offers a 3-in-1 account feature, like other financial broking firms for direct

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

SBIcap Securities vs Alice Blue Account Opening Charges: 2024

ChargeSBIcap SecuritiesAlice Blue
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹850Equity ₹310, MCX ₹200 & ₹500 All segments
Trading Account AMC₹0₹0
Demat Account AMC₹350₹400

SBIcap Securities vs Alice Blue Brokerage Charges and Plans : 2024

ChargeSBIcap SecuritiesAlice Blue
Plan NameeZ-trade PlanFreedom 15 Plan
Equity Delivery0.50%₹0
Equity Intraday0.05% ₹15 per order or 0.01% whichever is lower
Equity Futures0.05% ₹15 per order or 0.01% whichever is lower
Equity Options₹100 per lot₹15 per order
Currency Futures0.03% ₹15 per order or 0.01% whichever is lower
Currency Options₹30 per lot₹15 per order
Commodity OptionsNA Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order
Mutual FundN/AN/A

SBIcap Securities vs Alice Blue Margin / Exposure: 2024

SegmentSBIcap SecuritiesAlice Blue
Equity Delivery2xIntraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity IntradayUpto 5xIntraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity FutureNilIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity OptionsNilIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Currency FutureNilIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Currency OptionsNilIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Commodity FutureN/AIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity OptionsN/AN/A

SBIcap Securities vs Alice Blue Currency Charges and Plans: 2024

SBIcap Securities charge 0.03% for Currency Futures and ₹30 per lot for Currency Options whereas Alice Blue Charges ₹15 per order or 0.01% whichever is lower for Currency futures and ₹15 per order for Currency options.

SBIcap Securities vs Alice Blue Commodity Charges and Plans: 2024

SBIcap Securities charge NA for commodity and Alice Blue charge Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order for commodity.
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