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Alice Blue Vs AxisDirect: Which one is better?

Both the brokers are registered with SEBI. Alice Blue offers investmenet in Equity, F&O, Currency and Commodities, where AxisDirect offers investment in Equity, F&O and Currency only. The brokerage of Alice Blue Max Rs 15 per trade while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Alice Blue is a Discount Broker where AxisDirect is a Full Service Broker. Alice Blue is having overall higher rating compare to AxisDirect. Alice Blue is rated 4 out of 5 where AxisDirect is rated only 3.5 out of 5. Number of active customer for AxisDirect is 3,42,472 where number of active customer for Alice Blue is 1,60,409. AxisDirect is serving more customer compare to Alice Blue.

Here we present side-by-side comparison of Alice Blue vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Alice Blue vs AxisDirect'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 Alice Blue vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Alice Blue vs AxisDirect'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 Alice Blue vs AxisDirect on Service

  Alice Blue Compare
Alice Blue
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 1,60,409 3,42,472
Broker Overview Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders. Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis...Know more about AxisDirect
Broker Enquiry Request call back from Alice Blue Request call back from Zerodha
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Account Opening Charges and AMC

Compare Alice Blue vs AxisDirect on Trading & Demat Account Opening Charges

Comparison of Alice Blue with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Alice Blue offer Free account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - Alice Blue charges Rs 400 PA AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Alice Blue with AxisDirect
Charges Alice Blue AxisDirect
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Alice Blue vs AxisDirect on Plan Options

Plans are the most important feature you look when compare Alice Blue with AxisDirect. 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 Alice Blue with AxisDirect on Plan Options
Plan Types Alice Blue AxisDirect
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Alice Blue Zerodha
Account Opening Request
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Brokerage Charges

Compare Alice Blue vs AxisDirect on Brokerage Charges

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.

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Brokerage Charges - Compare Alice Blue with AxisDirect
Brokerage Charges Compare Alice Blue AxisDirect
Plan Name F15 Plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery Free 0.50% (Each leg)
Equity Intraday 0.05% or Rs 15 whichever is lower 0.05% (Each leg)
Equity Futures 0.05% or Rs 15 whichever is lower 0.05% (Each leg)
Equity Options Flat Fee Rs 15 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.05% or Rs 15 whichever is lower 0.05% (Each Leg)
Currency Options Flat Fee Rs 15 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading Flat Fee Rs 15 Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage NA NIL
Hidden Charges No No
Funding Yes - 24% interest PA Yes - 18% interest PA
Call & Trade Charges Rs 50 per order + GST Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges Rs 50 per order + GST 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Alice Blue Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare Alice Blue vs AxisDirect on Transaction Charges

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

Transaction Charges - Compare Alice Blue with AxisDirect
Transaction Charges Compare Alice Blue AxisDirect
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for alice-blue Complete Brokerage Plans for axisdirect
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Account Features

Compare Alice Blue vs AxisDirect on Account Features

Compare Alice Blue with AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 account where Alice Blue offers only 2-in-1 account which includes trading and demat account. Algo Trading - Alice Blue offers Algo Trading where AxisDirect doesn't offers Algo Trading. Margin Funding - AxisDirect offers a margin funding where Alice Blue doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Alice Blue with AxisDirect
Account Features Compare Alice Blue AxisDirect
3 in 1 Account No Alice Blue have 2-in-1 account. Only Demate and Trading account. Yes, Alice Blue have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo No Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 2:45 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Alice Blue vs AxisDirect on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Alice Blue and AxisDirect. 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 Alice Blue with AxisDirect
Trading Platform Compare Alice Blue AxisDirect
Desktop Trading Platform ANT - Analyse and Trade Ring
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://login.axisdirect.in/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ANT Mobile AxisDirect Ring Mobile App
Mobile Trading App Demo ANT Mobile Demo AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod ANT Mobile Download Andriod AxisDirect Ring Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ANT Mobile Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Alice Blue Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Alice Blue Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for Alice Blue Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for alice-blue Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare Alice Blue vs AxisDirect on User Rating

  Alice Blue AxisDirect
  8 Customer Reviews    Rate Alice Blue 6 Customer Reviews    Rate AxisDirect
Fees Ratings 2.6 2.5
Trading Brokerage Rating 3.4 2.0
Trading Platform Usability 2.4 3.2
Customer Service Ratings 2.6 2.7
Overall Ratings 2.1 2.3
Broker Rating Alice Blue is Rated 2.1 / 5 based on 8 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare Alice Blue vs AxisDirect on Investment Offerings

Compare Alice Blue with AxisDirect 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 Alice Blue with AxisDirect
Investment Offerings Compare Alice Blue AxisDirect
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No Yes
Insurance No Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Alice Blue vs AxisDirect on Order Types

Order Type - Compare Alice Blue with AxisDirect 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) - Alice Blue provide Bracket Orders (BO) where AxisDirect doesn't offer.With the name its cleare 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 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- AxisDirect offers Good Till Cancelled (GTC) orders where Alice Blue doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Alice Blue with AxisDirect
Order Type Compare Alice Blue AxisDirect
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare Alice Blue vs AxisDirect on Customer Service

Compare Alice Blue with AxisDirect 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 Alice Blue with AxisDirect
Customer Service Compare Alice Blue AxisDirect
24/7 Customer Service Alice Blue vs AxisDirect - 24x7 customer support No No
Email Support Alice Blue vs AxisDirect - Email Support No Yes
Onine Live Chat Alice Blue vs AxisDirect - Onine Live Chat Yes Yes
Phone Support Alice Blue vs AxisDirect - Phone Support Yes Yes
Toll Free Number Alice Blue vs AxisDirect - Toll Free Number No Yes
Through Branches Alice Blue vs AxisDirect - Through Branches Yes Yes
Customer Care Number Alice Blue vs AxisDirect - Customer Care Number 08035215000/080-45490850 022-61480808
Account Opening Process Alice Blue vs AxisDirect - Account Opening Process Online/Paperless Online
Customer Support Email Alice Blue vs AxisDirect - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Alice Blue vs AxisDirect - Knowledge Center/Education https://tradeschool.aliceblueonline.com/ https://simplehai.axisdirect.in/learn/overview
Head Office Address Alice Blue vs AxisDirect - Head Office Address/Corporate Address Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website Alice Blue vs AxisDirect - Company Website https://www.aliceblueonline.com https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Alice Blue vs AxisDirect on Research Reports, Tips

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

Research Reports - Compare Alice Blue with AxisDirect
  Alice Blue AxisDirect
Research Mutual Funds Alice Blue vs AxisDirect - Research Mutual Funds No Yes
Research Equity Reports Alice Blue vs AxisDirect - Research Equity Reports No Yes
Research ETF Alice Blue vs AxisDirect - Research ETF No Yes
Daily Market Report Alice Blue vs AxisDirect - Daily Market Report Yes Yes
Free Tips Alice Blue vs AxisDirect - Free Tips No Yes
Quarterly Result Analysis Alice Blue vs AxisDirect - Quarterly Results No Yes
News Alerts Alice Blue vs AxisDirect - No Yes
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Demat Account

Compare Alice Blue vs AxisDirect on Demat Account

Compare Alice Blue with AxisDirect 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 AxisDirect is ₹500 pa where for Alice Blue is ₹400 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 Alice Blue is 0.04% of the value of the transaction where for AxisDirect is ₹10.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 Alice Blue with AxisDirect
  Alice Blue AxisDirect
DP Source CDSL CDSL
DP ID Alice Blue vs AxisDirect - DP ID 83500 49200
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹500 pa
Advance Deposit Rs 0 Nil
Statutory charges Rs 150 Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% of the value of the transaction ₹10
Demat ₹10 per certificate + ₹50 courier charges ₹3 per certificate
Remat ₹30 per certificate + CDSL charges ₹10 for every hundred securities (Min ₹10)
Pledge Creation ₹20 + CDSL charges ₹25
Pledge Creation Confirmation Nil ₹25
Pledge Closure ₹20 + CDSL charges ₹25
Pledge Closure Confirmation Nil ₹25
Pledge Invocation ₹20 + CDSL charges Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Alice Blue vs AxisDirect on Special Offers and Promotion

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

Compare Alice Blue vs AxisDirect on Special Offers and Promotion
  Alice Blue AxisDirect
Pay In and Pay Out Options Alice Blue vs AxisDirect - Pay In and Pay Out Options 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
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Alice Blue vs AxisDirect - Payout Time Upto 24 Hrs except Bank Holidays. Instant to Axis Bank.
Bank Supported and Charges Alice Blue vs AxisDirect - Bank Supported and Charges Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms. Info Not Available
Bank Detail Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
Direct from your Axis bank account.
Likes
  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

Detail Review...

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

Detail Review...

Dislikes
  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

Special Offers/Promo Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Alice Blue Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-01-12T04:48:54+00:00