Trade Smart Online vs Alice Blue Comparison: 2024

About Trade Smart Online

Trade Smart is a well-known name in India’s Stock Broking industry, which is ranks well among the famous discount brokers in India.

Trade Smart: An Overview

Trade Smart is a Mumbai based broking firm, incorporated in 1994 by VNS Finance and Capital Ltd. It is the ideal spot for investors and traders looking for high margins with low brokerages and the fast trading platform. 

Trade Smart began with the vision to offer a smart and consistent trading experience to users through their various services and trading platforms. From that point forward, Trade Smart has left no efforts in utilizing innovative technology solutions for easement customers in trading. 

They have a daily trade value of Rs. 2500 crore with more than 17000 spangling customer base, which is growing day by day, providing their best facilities and national presence. Also, they have their branches at numerous locations across the nation, supported by no not exactly

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

Trade Smart Online vs Alice Blue Account Opening Charges: 2024

ChargeTrade Smart OnlineAlice Blue
Demat Account Opening Charges₹200₹0
Trading Acc Opening Charges₹200Equity ₹310, MCX ₹200 & ₹500 All segments
Trading Account AMC₹0₹0
Demat Account AMC₹300₹400

Trade Smart Online vs Alice Blue Brokerage Charges and Plans : 2024

ChargeTrade Smart OnlineAlice Blue
Plan NamePower Trading PlanFreedom 15 Plan
Equity Delivery₹15 per executed order₹0
Equity Intraday₹15 per executed order ₹15 per order or 0.01% whichever is lower
Equity Futures₹15 per executed order ₹15 per order or 0.01% whichever is lower
Equity Options₹15 per executed order₹15 per order
Currency Futures₹15 per executed order ₹15 per order or 0.01% whichever is lower
Currency Options₹15 per executed order₹15 per order
Commodity Options₹15 per executed order Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order
Mutual FundN/AN/A

Trade Smart Online vs Alice Blue Margin / Exposure: 2024

SegmentTrade Smart OnlineAlice Blue
Equity Delivery1x (No Margin)Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity IntradayUpto 30x Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity FutureMIS: 3X | BO: 7X | CO: 7XIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity OptionsMIS: 3X | BO: 7X | CO: 7XIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Currency FutureMIS: 3X | BO: 3X | CO: 3XIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Currency OptionsMIS: 3XIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Commodity FutureMIS: 2X | BO: 6X | CO: 6XIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity OptionsN/AN/A

Trade Smart Online vs Alice Blue Currency Charges and Plans: 2024

Trade Smart Online charge ₹15 per executed order for Currency Futures and ₹15 per executed order 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.

Trade Smart Online vs Alice Blue Commodity Charges and Plans: 2024

Trade Smart Online charge ₹15 per executed order 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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