One of the reasons why Alice Blue is so much popular is the Alice Blue Brokerage charges. We will discuss the entire set of fees they charge and not just the brokerage fees. However, the main highlight of the company is 75% Margin money. Likewise, we will talk about all the Alice Blue charges in this article.
Alice Blue Online is one of the top-tier stock trading companies in Bangalore right now, if not in the country. The company has made its mark in the year 2006, and it is mostly famous for offering staggering trading exposure, which is up to 5x.
Despite being a Discount stockbroking agency, this private limited company has achieved a lot of respect in the stock trading industry in much lesser time.
|Equity Delivery Trading||Rs 0 (Free)|
|Equity Intraday Trading||Rs 15 per order or 0.01% whichever is lower|
|Margin Money||75% Margin|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs 25 per instruction|
What are the Alice Blue Brokerage Charges?
|What are the Equity Delivery Charges?||Rs 0 (Free)|
|What are the Equity Intraday Charges?||Rs 15 per order or 0.01% whichever is lower|
|What is the brokerage on Equity Futures?||Rs 15 per order or 0.01% whichever is lower|
|How much brokerage charged for Equity Options?||Rs 15 per order|
|What is the brokerage on Currency Futures?||Rs 15 per order or 0.01% whichever is lower|
|What is the brokerage on Currency Options?||Rs 15 per order|
|How much brokerage charged for Commodity Trading?||Rs 15 per order or 0.01% whichever is lower|
|Brokerage Calculator||Alice Blue Brokerage Calculator|
Today, most people first consider the brokerage fees to determine whether to associate with that company or not. The good thing is the Alice Blue brokerage fees are well-curated by the company. For Equity Delivery trading, they are charging either Rs 0 (Free), whichever the way their clients prefer.
The same fee applies for the Equity Intraday trading – 0.01% or Rs.15 per executed order. They are following the same trend of either 0.01% or Rs.15 per executed order for Equity Futures trading as well.
Now, the Alice Blue brokerage charges for Currency Futures don’t have that liberty, which is flat Rs.15 per executed order. Interestingly, they are following the same pattern for Currency Futures and Currency Options, which is Rs.15 per completed order. For Commodity Trading, they changed it as Rs.15 per order, however.
According to industry experts, the brokerage fees are mostly reasonable, except the one for the Commodities. Meanwhile, calculating the brokerage fee may be troublesome. So, we insist you should use the Brokerage Calculator developed exclusively for the clients.
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What are the Alice Blue Account Opening Charges?
|Account Opening Charges|
|Is there any Trading Account Charges [One Time]?||Rs 0 (Free)|
|How much is the Trading Account AMC [Yearly]?||Rs 0|
|Is there any Demat Charges [One Time]?||Rs 0|
|How much is the Demat AMC [Yearly]?||Rs 400|
|Any minimum Margin Money required?||75% Margin|
The discussion of fee structure is incomplete if we don’t disclose the Alice Blue account opening charges. So, the Alice Blue Demat account charges is shocking Zero. Meaning there is no account opening fee for the Demat accounts, which is exceptionally rare in the stock trading industry as per the critics.
That said, the Alice Blue Trading charges include two different charges – for the Equity trading, and for the Commodity trading. Meanwhile, you only have to pay both the amount once. Now, if we discuss the AMC fees, the clients should be happy to know that there is only a Demat Charge of Rs 400.
Alice Blue doesn’t charge anything for the Demat as well as Trading accounts as its AMC. This is incredibly rare as per most experts. Now, as mentioned in the company highlights, Alice Blue did impose 75% Margin money that most companies charge nowadays.
Find out Brokerage & Other Charges of Stock Brokers
What are the Alice Blue Transaction Charges?
|Transaction Charges for each segment|
|What are the Transaction Charges for Equity Delivery?||NSE: 0.00325% and for BSE Rs. 1 per trade (each side)|
|What are the Transaction Charges for Equity Intraday?||NSE: 0.00325% and for BSE Rs. 1 per trade (each side)|
|How much is the Transaction Charges for Equity Futures?||NSE: 0.00210% and for BSE Rs. 1 per trade (each side)|
|How much is the Transaction Charges for Equity Options?||NSE: 0.053% and for BSE Rs. 1 per trade (each side)|
|What are the Transaction Charges for Currency Futures?||NSE: 0.00135%|
|What are the Transaction Charges for Currency Options?||NSE: 0.044%|
|Any Transaction Charges for Commodity Trading?||Non-Agri: 0.0036% and for Agri: 0.00275%|
Sometimes, it seems annoying, but as a stock trader, you must pay some additional fees on top of the regular brokerages. The first among those are the Transaction charges for Equity Delivery and Equity Intraday. For the first one, they charge 0.00325% in case you deal in NSE or Rs.1 per trade for BSE.
They charge the same amount for the second service too. Moving on to the Transaction fee of Equity Futures, they charge 0.00210%, if you are representing NSE, and for BSE, it is Rs.1 per trade. Next is the Transaction fee for Equity Options – 0.053% in NSE and Rs.1 per trade in BSE.
Now, the Alice Blue Transaction charges for Currency Futures and Currency Options are 0.00135% and 0.044%, respectively, where they can only represent NSE. Finally, the Alice Blue charges for Commodity Trading are 0.0036% as Non-Agri, and 0.00275% as Agri.
What are the other remaining Alice Blue Charges?
|How much is the Transaction Charges levied?||0.00325% of Total Turnover|
|What are the STT charges?||Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
|How much is the Stamp Duty levied?||(On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX)|
|How are the GST charged?||18% on (Brokerage + Transaction Charge + SEBI Fee)|
|Any Margin Funding Charges?||18% + GST|
|How much is the Reactivation Charge?||Rs 25 per instruction|
|Any charges Account Closure?||Rs 35 per instruction|
|What are the Dematerialisation Charges?||Rs 10 per certificate + Rs 50 per request|
As we are mentioning that as a trader you must pay some additional fees, we are about to discuss some of them. The Transaction charges, which is charged on the total turnover, is 0.00325%. The next one is the STT charges, which is 0.0126%, also charged upon total turnovers.
The subsequent Alice Blue charges are Reactivation fees and Account Closure fees – are Rs 25 and Rs 35 per instruction if you apply. The Stamp Duty fee may vary between 0.002% – 0.004%, as it depends on the state you are in.
Now, the GST, which is 18%, is calculated on the total summation of brokerages and transaction fees. Where the Margin funding charge is 18% excluding GST, the Dematerialisation fee is Rs 10 per certificate + Rs 50 per request.
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General FAQs on Alice Blue Online Charges
Lets have a look at the FAQs on Alice Blue Charges:
Does Alice Blue Online provide fixed brokerage options?
As of now, the fixed brokerage option is not available.
Does Alice Blue Online have different brokerage charges for penny stocks?
For the penny stocks, Alice Blue doesn’t charge a different amount.
Can I calculate Alice Blue Online brokerage even before I place a Trade?
Yes, Alice Blue facilitated calculating brokerage fees even before placing an order.
Can I calculate Alice Blue Online margin / limit / exposure?
Yes. You can use the margin calculator in this case.
Is there any account opening fees by Alice Blue Online?
Yes. There is an account opening fee. Kindly contact Alice Blue support team to get more information.
Is there any AMC levied by Alice Blue Online?
No. There are no AMC fees for the Demat or Trading accounts.
Alice Blue Charges – Conclusion
Alice Blue is a competent company that has been around for over 14 years. In most cases, the Alice Blue charges suit the budget of the traders, especially the new traders.
There are no Alice Blue Demat charges as well, which is like a cherry on top of the cake. So, you should consider this company on a positive note.
Open Demat Account with Alice Blue Now! – Fill up the Form
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