Alice Blue vs Sharekhan Comparison: 2024

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

About Sharekhan

One of the largest full service broker, Sharekhan is based in Mumbai, and has a client base of more than 17 lakh accounts. Sharekhan, is one of the biggest names in Indian equity and derivative trading and was a pioneer in the field of online trading. Sharekhan’s holding company is BNP Paribas, a Euronext Paris Stock Exchange listed entity with a history in banking. It is regulated by Securities and Exchange Board of India (SEBI).

Sharekhan: Overview

Sharekhan was established in the year 2000 in Mumbai, Maharashtra. Originally, Sharekhan was a subsidiary of SSKI Group and it later got acquired by BNP Paribas Group. Sharekhan’s network is spread over 550 cities. Here, they are spread out in over 1850 offices, with a presence in middle-eastern countries like Oman and UAE.

Sharekhan offers a wide range on investment and advisory services like market news, comprehensive research reports, stock quotes, fundamental and statistical analysis

Alice Blue vs Sharekhan Account Opening Charges: 2024

ChargeAlice BlueSharekhan
Demat Account Opening Charges₹0₹0
Trading Acc Opening ChargesEquity ₹310, MCX ₹200 & ₹500 All segments₹0
Trading Account AMC₹0₹0
Demat Account AMC₹400₹400 (Free for 1st year with trading account)

Alice Blue vs Sharekhan Brokerage Charges and Plans : 2024

ChargeAlice BlueSharekhan
Plan NameFreedom 15 PlanClassic Account
Equity Delivery₹0 0.50%
Equity Intraday ₹15 per order or 0.01% whichever is lower0.10%
Equity Futures ₹15 per order or 0.01% whichever is lower0.10%
Equity Options₹15 per order₹50 per lot
Currency Futures ₹15 per order or 0.01% whichever is lower0.10%
Currency Options₹15 per order₹30 per lot
Commodity Options Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order0.03%
Mutual FundN/AN/A

Alice Blue vs Sharekhan Margin / Exposure: 2024

SegmentAlice BlueSharekhan
Equity DeliveryIntraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3xUpto 5x
Equity IntradayIntraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3xUpto 10x
Equity FutureIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x2x
Equity OptionsIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1xNil
Currency FutureIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1xNil
Currency OptionsIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1xNil
Commodity FutureIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1xUpto 2x
Commodity OptionsN/AN/A

Alice Blue vs Sharekhan Currency Charges and Plans: 2024

Alice Blue charge ₹15 per order or 0.01% whichever is lower for Currency Futures and ₹15 per order for Currency Options whereas Sharekhan Charges 0.10% for Currency futures and ₹30 per lot for Currency options.

Alice Blue vs Sharekhan Commodity Charges and Plans: 2024

Alice Blue charge Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order for commodity and Sharekhan charge 0.03% for commodity.
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