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5paisa Vs Alice Blue: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of 5paisa Max Rs 20 per trade while the brokerage of Alice Blue Max Rs 15 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for 5paisa is 4,86,965 where number of active customer for Alice Blue is 1,54,407. 5paisa is serving more customer compare to Alice Blue.

Here we present side-by-side comparison of 5paisa vs Alice Blue share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared 5paisa vs Alice Blue's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of 5paisa vs Alice Blue share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared 5paisa vs Alice Blue's on

• Brokerage plans
• Plan types
• Customer Service
• Maintenance fees
• AMC
• Trading Platforms
• Rating
• Reviews
• Mobile App
• Margin/Leverage/Exposure
• Demat Account
• Investment Options
• And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare 5paisa vs Alice Blue on Service

	5paisa	Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Active Clients	4,86,965	1,54,407
Broker Overview	5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m...	Trade at the lowest brokerage charges on the best platforms! Alice Blue Account offers Rs. 0 delivery trading, Max Rs. 15/order brokerage, free direct mutual fund investment, Tech-driven ANT Trading Platform, excellent customer service, and a plethor...
Broker Enquiry

Account Opening Charges and AMC

Compare 5paisa vs Alice Blue on Trading & Demat Account Opening Charges

Comparison of 5paisa with Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - 5paisa charges Rs 300 PA AMC for Demat account where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa with Alice Blue

Charges	5paisa	Alice Blue
Trading Account Opening Fees	Free	Free
Trading AMC	Free	Free
Demat Account Opening Fees	Free	Free
Demat AMC	Rs 300 PA	Rs 400 PA
Provide DP Service

About Brokerage Plans

Compare 5paisa vs Alice Blue on Plan Options

Plans are the most important feature you look when compare 5paisa with Alice Blue. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare 5paisa with Alice Blue on Plan Options

Plan Types	5paisa	Alice Blue
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

Brokerage Charges

Compare 5paisa vs Alice Blue on Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Share Broker's Transaction Charges

Compare 5paisa vs Alice Blue on Transaction Charges

Compare 5paisa with Alice Blue on transaction charges and PCM fee by segment.

Account Features

Compare 5paisa vs Alice Blue on Account Features

Compare 5paisa with Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - 5paisa offers a margin funding where Alice Blue doesn't offers margin funding. NRI Trading - Alice Blue offers NRI where 5paisa doesn't offers NRI Trading.

Account Features - 5paisa with Alice Blue

Account Features Compare	5paisa	Alice Blue
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15 PM	3:15 PM
NRI Trading
Other Features	NIL	NIL

Trading Platform

Compare 5paisa vs Alice Blue on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and Alice Blue. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare 5paisa with Alice Blue

Trading Platform Compare	5paisa	Alice Blue
Desktop Trading Platform	5paisaTradeStation	ANT - Analyse and Trade
Desktop Demo	Desktop Demo	Info Not Available
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	https://www.5paisa.com/online-trading
Web Trading Demo	Web Trading Demo	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	5paisa Mobile App	ANT Mobile
Mobile Trading App Demo	5paisa Mobile App Demo	ANT Mobile Demo
Android Mobile App
Android App Download	Andriod 5paisa Mobile App Download	Andriod ANT Mobile Download
iPhone Mobile App (IOS)
iOS App Download	iOS 5paisa Mobile App Download	iOS ANT Mobile Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for 5paisa	Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator	Futures Brokerage Calculator for 5paisa	Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator	Options Brokerage Calculator for 5paisa	Options Brokerage Calculator for Alice Blue
Detail	Detail on Trading Platforms for 5paisa	Detail on Trading Platforms for alice-blue

Broker Ratings by Users

Compare 5paisa vs Alice Blue on User Rating

	5paisa	Alice Blue
	27 Customer Reviews	8 Customer Reviews
Fees Ratings	3.1	2.6
Trading Brokerage Rating	3.9	3.4
Trading Platform Usability	3.3	2.4
Customer Service Ratings	2.7	2.6
Overall Ratings	3.2	2.1
Broker Rating	5paisa is Rated 3.2 / 5 based on 27 customer reviews	Alice Blue is Rated 2.1 / 5 based on 8 customer reviews

Investment Offerings

Compare 5paisa vs Alice Blue on Investment Offerings

Compare 5paisa with Alice Blue on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare 5paisa with Alice Blue

Investment Offerings Compare	5paisa	Alice Blue
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL

Order Types

Compare 5paisa vs Alice Blue on Order Types

Order Type - Compare 5paisa with Alice Blue on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare 5paisa with Alice Blue

Order Type Compare	5paisa	Alice Blue
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare 5paisa vs Alice Blue on Customer Service

Compare 5paisa with Alice Blue on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare 5paisa with Alice Blue

Customer Service Compare	5paisa	Alice Blue
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	+91 89766 89766	08035215000/080-45490850
Account Opening Process	Online/Paperless	Online/Paperless
Customer Support Email	[email protected]	[email protected]
Knowledge Center/Education	https://www.5paisa.com/knowledge-centre	https://tradeschool.aliceblueonline.com/
Head Office Address	5paisa headquater Sun Infotech Park, Road No. 16V, Plot No.B-23 Thane Industrial Area, Wagle Estate, Thane - 400604	Alice Blue, No. 153/2, 3rd Floor,M.R.B.Arcade, Bagalur Main Road, Dwaraka Nagar, Yelahanka, Bangalore - 560063
Website	https://www.5paisa.com/	https://www.aliceblueonline.com

Tips/Research/Reports Published

Compare 5paisa vs Alice Blue on Research Reports, Tips

Compare 5paisa with Alice Blue on research reports and tips provided by the broker.

Research Reports - Compare 5paisa with Alice Blue

	5paisa	Alice Blue
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare 5paisa vs Alice Blue on Demat Account

Compare 5paisa with Alice Blue on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Alice Blue is ₹400 pa where for 5paisa is ₹300 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for 5paisa is ₹12.50 per ISIN where for Alice Blue is 0.04% of the value of the transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare 5paisa with Alice Blue

	5paisa	Alice Blue
DP Source	CDSL	CDSL
DP ID	82500	83500
Demat Account Annual Maintenance Charges(AMC)	₹300 pa	₹400 pa
Advance Deposit	NIL	Rs 0
Statutory charges	Nil	Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN)	₹12.50 per ISIN	0.04% of the value of the transaction
Demat	₹15 per certificate	₹10 per certificate + ₹50 courier charges
Remat	₹15 for every hundred securities or ₹15 per certificate whichever is higher	₹30 per certificate + CDSL charges
Pledge Creation	₹50	₹20 + CDSL charges
Pledge Creation Confirmation	NIL	Nil
Pledge Closure	NIL	₹20 + CDSL charges
Pledge Closure Confirmation	NIL	Nil
Pledge Invocation	NIL	₹20 + CDSL charges
Failed Instruction Charges	Nil	Nil
Other Charges	Nil	Nil

Special Offers,Advantages,Disadvantages

Compare 5paisa vs Alice Blue on Special Offers and Promotion

Compare 5paisa with Alice Blue on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs Alice Blue on Special Offers and Promotion

	5paisa	Alice Blue
Pay In and Pay Out Options	Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office. Pay-out/Fund Withdrawal - Bank Transfer only	Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application. Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time	Max 24 hrs except bank holidays	Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges	Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms.	Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail	5paisa, Account Number:5PAISA Bank and Branch: Yes Bank, CMS National Operating Centre MMR Account Type: Current Account IFSC Code: YESB0CMSNOC	Aliceblue Financial Services, Account Number:ABFNSEXXXXXXXX Bank and Branch: HDFC Bank,Sathy Road,Erode Account Type: Current Account IFSC Code: HDFC0000232
Likes	Rs. 20/order brokerage regardless of trade value. Rs. 0 brokerage on delivery trades in Ultra Trader Pack. Trade at just Rs. 10/order with Power Investor and Ultra Trader Pack. Zero balance 5paisa account. Free or Rs. 0 commission investment in mutual funds. Investment in US Stocks at zero commission. Best free trading platforms across web, desktop, and mobile app versions. 5paisa Invest App, a dedicated mutual fund investment platform. Smart research tools and intelligent portfolio investing ideas by experts. Get comprehensive research on 4,000+ stocks. Advanced orders like bracket order and cover order. 5paisa Valid Till Triggered (VTT) order facility. Free of cost 5paisa API to build your trading terminal. 5paisa Smallcase, thematic investing platform. 5paisa Algo Trading platform with the state-of-the-art automated trading feature. 5paisa School, stock market education & learning center for beginners. Detail Review...	Trade on BSE, NSE, and MCX at Rs. 15 flat brokerages. Zero brokerage or commission-free investment in direct mutual funds. Lifetime zero brokerage delivery trading. Powerful charting, lots of technical indicators, and stock screeners. Alice Blue Tradestore, a marketplace for advanced trading products. Alice Blue offers free ANT API access for the Algo trading facility. Advanced orders such as bracket order (BO), cover order (CO), and after market order (AMO). Pledge shares without POA. Alice Blue Trade School, a stock market education platform for beginners to experts. Plethora of learning resources for beginners; Tradeschool, Aspiring Investor Program, and ANT IQ Blog. Become a Partner with Alice Blue to Earn, Scale, and Grow your business. TradeLink, a free online tool to share your trading ideas. Alice Blue refer & earn program provides 2-sided benefits to both referral and referee. Strong PAN India presence in 20 cities with over 12,000 partners. No minimum brokerage. Detail Review...
Dislikes	High call & trade charges of Rs. 100/per call. 5paisa does not offer NRI trading services. A 3-in-1 account opening facility is unavailable. Delivery trading with 5paisa is not free in the basic plan. Detail Review...	A 3-in-1 account opening facility is unavailable. It does not offer zero brokerage unlimited monthly trading plans. Alice Blue does not provide NRI trading services. You cannot place Good Till Canceled (GTC) order in Alice Blue. High Demat AMC charges. Alice Blue Mutual Fund App is not available on the App Store. Detail Review...
Special Offers/Promo
Enquiry	Open 5paisa Account Now>>	Open Alice Blue Account Now>>