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SBICAP Securities Vs Alice Blue: Which one is better?

Both the brokers are registered with SEBI. SBICAP Securities offers investmenet in Equity, F&O and Currency only, where Alice Blue offers investment in Equity, F&O, Currency and Commodities.. The brokerage of SBICAP Securities Max .05 to 0.50% per trade while the brokerage of Alice Blue ranges between Rs 15. SBICAP Securities is a Full Service Broker where Alice Blue is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for SBICAP Securities is 8,30,820 where number of active customer for Alice Blue is 1,60,409. SBICAP Securities is serving more customer compare to Alice Blue.

Here we present side-by-side comparison of SBICAP Securities 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 SBICAP Securities 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 SBICAP Securities 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 SBICAP Securities 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 SBICAP Securities vs Alice Blue on Service

  SBICAP Securities Compare
SBICAP Securities
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 8,30,820 1,60,409
Broker Overview Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ... Know more about SBICAP Securities 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.
Broker Enquiry Request call back from Zerodha Request call back from Alice Blue
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Account Opening Charges and AMC

Compare SBICAP Securities vs Alice Blue on Trading & Demat Account Opening Charges

Comparison of SBICAP Securities with Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Alice Blue offer Free account opening where SBICAP Securities charges Rs 850 for account opening. Demat AMC charges - SBICAP Securities charges Rs 500 PA AMC for Demat account where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SBICAP Securities with Alice Blue
Charges SBICAP Securities Alice Blue
Trading Account Opening Fees Rs 850 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 500 PA Rs 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SBICAP Securities vs Alice Blue on Plan Options

Plans are the most important feature you look when compare SBICAP Securities with Alice Blue. This section compare on high level about type of plans offered by brokers. Multiple Plans - Alice Blue provides Multiple Plans where SBICAP Securities doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare SBICAP Securities with Alice Blue on Plan Options
Plan Types SBICAP Securities Alice Blue
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Alice Blue
Account Opening Request
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Brokerage Charges

Compare SBICAP Securities vs Alice Blue on Brokerage Charges

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

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.

Brokerage Charges - Compare SBICAP Securities with Alice Blue
Brokerage Charges Compare SBICAP Securities Alice Blue
Plan Name Standard or default brokerage plan F15 Plan
Equity Delivery 0.50% Free
Equity Intraday 0.05% 0.05% or Rs 15 whichever is lower
Equity Futures 0.05% 0.05% or Rs 15 whichever is lower
Equity Options Rs 100 Per Lot Flat Fee Rs 15
Currency Futures 0.03% 0.05% or Rs 15 whichever is lower
Currency Options Rs 30 Per Lot Flat Fee Rs 15
Commodity Trading Rs. 100 per lot Flat Fee Rs 15
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future NA
Hidden Charges Info Not Available No
Funding Yes - 24% interest PA Yes - 24% interest PA
Call & Trade Charges Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. Rs 50 per order + GST
Auto Square off Charges First Free 30 per month, after Rs 10 per square-off Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for SBICAP Securities Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare SBICAP Securities vs Alice Blue on Transaction Charges

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

Transaction Charges - Compare SBICAP Securities with Alice Blue
Transaction Charges Compare SBICAP Securities Alice Blue
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 NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for alice-blue
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Account Features

Compare SBICAP Securities vs Alice Blue on Account Features

Compare SBICAP Securities with Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities 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 SBICAP Securities doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - Both broker provides NRI Trading facility.

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

Compare SBICAP Securities vs Alice Blue on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SBICAP Securities 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 SBICAP Securities with Alice Blue
Trading Platform Compare SBICAP Securities Alice Blue
Desktop Trading Platform SBISMART XPRESS - NextTrader ANT - Analyse and Trade
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://login1.sbismart.com/nidp/app/login
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App SBISMART ANT Mobile
Mobile Trading App Demo SBISMART Demo ANT Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod SBISMART Download Andriod ANT Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS SBISMART Download iOS ANT Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare SBICAP Securities vs Alice Blue on User Rating

  SBICAP Securities Alice Blue
  78 Customer Reviews    Rate SBICAP Securities 8 Customer Reviews    Rate Alice Blue
Fees Ratings 3.3 2.6
Trading Brokerage Rating 3.1 3.4
Trading Platform Usability 2.8 2.4
Customer Service Ratings 2.7 2.6
Overall Ratings 2.7 2.1
Broker Rating SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews Alice Blue is Rated 2.1 / 5 based on 8 customer reviews
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Investment Offerings

Compare SBICAP Securities vs Alice Blue on Investment Offerings

Compare SBICAP Securities 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 - Alice Blue offers trading options in Commodity (MCX) where SBICAP Securities doesn't offer. 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 SBICAP Securities with Alice Blue
Investment Offerings Compare SBICAP Securities Alice Blue
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking Yes No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare SBICAP Securities vs Alice Blue on Order Types

Order Type - Compare SBICAP Securities 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- SBICAP Securities offers Good Till Cancelled (GTC) orders where Alice Blue doesn't support Good Till Cancelled (GTC) orders.

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

Compare SBICAP Securities vs Alice Blue on Customer Service

Compare SBICAP Securities 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 SBICAP Securities with Alice Blue
Customer Service Compare SBICAP Securities Alice Blue
24/7 Customer Service SBICAP Securities vs Alice Blue - 24x7 customer support No No
Email Support SBICAP Securities vs Alice Blue - Email Support Yes No
Onine Live Chat SBICAP Securities vs Alice Blue - Onine Live Chat No Yes
Phone Support SBICAP Securities vs Alice Blue - Phone Support Yes Yes
Toll Free Number SBICAP Securities vs Alice Blue - Toll Free Number Yes No
Through Branches SBICAP Securities vs Alice Blue - Through Branches Yes Yes
Customer Care Number SBICAP Securities vs Alice Blue - Customer Care Number 022 6854 5555 08035215000/080-45490850
Account Opening Process SBICAP Securities vs Alice Blue - Account Opening Process Offline Online/Paperless
Customer Support Email SBICAP Securities vs Alice Blue - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SBICAP Securities vs Alice Blue - Knowledge Center/Education https://www.sbismart.com/education https://tradeschool.aliceblueonline.com/
Head Office Address SBICAP Securities vs Alice Blue - Head Office Address/Corporate Address SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Website SBICAP Securities vs Alice Blue - Company Website https://www.sbismart.com https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare SBICAP Securities vs Alice Blue on Research Reports, Tips

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

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

Compare SBICAP Securities vs Alice Blue on Demat Account

Compare SBICAP Securities 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 SBICAP Securities is ₹500.

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 SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300) 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 SBICAP Securities with Alice Blue
  SBICAP Securities Alice Blue
DP Source CDSL CDSL
DP ID SBICAP Securities vs Alice Blue - DP ID 19300 83500
Demat Account Annual Maintenance Charges(AMC) ₹500 ₹400 pa
Advance Deposit 0 for all Rs 0
Statutory charges Nil Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.01% of the transaction value (Min ₹21 and Max ₹300) 0.04% of the value of the transaction
Demat ₹5 per certificate + ₹35 courier charges ₹10 per certificate + ₹50 courier charges
Remat ₹35 per certificate + CDSL Charges ₹30 per certificate + CDSL charges
Pledge Creation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20 + CDSL charges
Pledge Creation Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Closure 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20 + CDSL charges
Pledge Closure Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Invocation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20 + CDSL charges
Failed Instruction Charges ₹10 Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare SBICAP Securities vs Alice Blue on Special Offers and Promotion

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

Compare SBICAP Securities vs Alice Blue on Special Offers and Promotion
  SBICAP Securities Alice Blue
Pay In and Pay Out Options SBICAP Securities vs Alice Blue - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
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 SBICAP Securities vs Alice Blue - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges SBICAP Securities vs Alice Blue - Bank Supported and Charges Direct to SBI Bank. Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail Direct to SBI bank account Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
Likes
  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

Detail Review...

  • 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...

Dislikes
  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

Detail Review...

  • 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...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Alice Blue Account Now>>

Last Updated on 2023-09-13T02:35:55+00:00