Enjoy the benefits provided by the company Alice Blue Online, through its Alice Blue Demat Account. The process has now become more than seamless, and you can get an Alice Blue Trading Account right from this page.
This article is focused upon the benefits of having a demat and a trading account. The ways in which they would help you are clearly drafted here, with a step on step instruction of opening an account. We have also provided a brief explanation on the excess of charges incurred.
|Depository Participant||CDSL & NSDL|
|Account Opening Charges||Rs 0|
|Demat AMC||Rs 400|
|Trading AMC||Rs 0|
|Margin Required||75% Margin|
What is Alice Blue Demat Account & its Benefits?
Choose one of the fine available options in the stock broking market, and invest through the Alice Blue Demat Account. Such an account will let you store the shares you buy or sell electronically, providing you quicker access to them.
If you wish to trade, you need a demat account to create place of storage for your shares. Such shares will then be available for further trading.
Jolt down the benefits of holding Alice Blue Demat Account:
- One demat account will let you invest in a lot of segments such as equity, commodity, currency, depository as well as mutual funds.
- The technology they have deployed into their platforms is user friendly, which would contribute to your profit expectancy.
- Low account opening charge is always pleasant for the clients to receive.
- The brokerage plans as set by the company are pretty economic in nature, and in line with the present demand in market.
Open Demat Account with Alice Blue Online Now! – Fill up the Form
What is Alice Blue Online Trading Account & its Benefits?
There is a connection emerged by the Alice Blue Trading Account, adjoining your bank account and your demat account, and vice versa.
This means, any transaction which consists of deducting or adding funds and shares would be done through trading account. In short, the trading procedure will be carried from the trading account.
Note down how the trading account will benefit you:
- You get to avail for high exposure, which is similar to 10 times limit for a lot of options.
- Trading with Alice Blue Online’s ANT technology, you get trading platforms compatible for whatsoever device you choose to trade from.
- High quality trading tools are provided to the clients, which take the technology association of the company to next level. This shall contribute to the investor’s benefits.
You can check Demat Account details of other Brokers
What are the Alice Blue Demat Account Charges?
|Which is the Depository Participant involved?||CDSL & NSDL|
|What are the Demat account opening charges?||Rs 0|
|How much is the Demat Account AMC ?||Rs 400|
|What is the Trading Account AMC?||Rs 0|
|What is the initial Margin amount required?||75% Margin|
|Is there any dematerialization available?||Yes|
This company has managed to sign up with both the depository participants available, i.e. CDSL & NSDL. Starting with the charges, the first obligation you have is of Alice Blue Online Account Opening Charges. The one time account opening charge is Rs.0 only.
Such a price is pretty low if you take other prices into concern. The further AMC relating to the Alice Blue Demat Account Charges are Rs.400 per annum. This charge is rather recurring and has to be paid once every year. As for the trading AMC, it is free of charge.
Moving ahead, you do need to maintain 75% Margin amount at all times with the company. The company has set no similar barriers.
How much is Alice Blue Online AMC or Annual Maintenance Charge?
Speaking of the Alice Blue Online AMC in particular, one needs to be aware of it. AMC occurs once every year, and so such an expense should be account for. You only need to worry about one AMC with Alice Blue Online, as they take up no charge for the trading account.
Speaking of the demat account; you need to set aside a sum of Rs.400 for payment against AMC once every year. This payment would repeat every year one after another.
How to Open Alice Blue Demat Account?
Let us start this section by stating, you can seamless Open Alice Blue Demat Account right from the place you are presently halted at.
- You can easily locate a button presented to you at the end of this page. It has the inscription of “Open Demat Account”, and you need to click over it.
- When you click, you will see a form pop up on your screen. Make sure you fill in the correct and genuine details of you, so you can be contacted back.
- Upon filling up the form, submit the same. This following process will be of KYC, where you need to provide certain documents to prove your identity.
- The documents include PAN card, Aadhaar card, bank account details and passport size photo, to be provided in scanned copy format.
- When you submit the final application, you will receive a call from the company executive, who will brief you on the further formality (if any) or will simply cross check the details of the application.
- Now, if your application is approved, you will receive your account details through your registered email address.
Find out Demat Account Opening Process of other Brokers
General FAQs on Alice Blue Online Demat & Trading Account
Here are the general FAQs of Alice Blue Online :
Does Alice Blue Online provide a Free Demat A/C offer?
You can have access to trading with this company, absolutely free of cost.
Does Alice Blue Online provide Free Trading A/C offer?
You will be provided with a trading account as well, without any additional charge.
Is Alice Blue Online offering Discount on Brokerage?
If you decide on being associated with this company, you will receive handsome offers of discount on brokerage.
Does Alice Blue Online offer Happy hour trading to their clients?
You may not be provided with any such offer as a happy hour trading with this company.
Is Alice Blue Online providing a flexible brokerage plan?
The plans are rather rigid, because Alice Blue Online is a discount broker.
Alice Blue Demat Account – Conclusion
After stating the facts about the Alice Blue Online Demat Account, we also pen down a final take on the company. A low account opening charge of Rs.0 and a nominal AMC of Rs.300 per annum is quite attractive for a deal. Such costs are easily affordable, and hence do not stand to be a barrier on expenses management.
Further, each and every online trading platform provided by the company is up to date with the latest technology and tools. You will be bound to find all convenient tools, handy enough to help you with a seamless trading experience.
Open Trading Account with Alice Blue Online Now! – Fill up the Form
Here are full demat account review of other brokers
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