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Alice Blue Vs ProStocks Vs AxisDirect: Which one is better?

The brokerage of Alice Blue ranges between Rs 15, the brokerage of ProStocks ranges between Rs 15, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker Alice Blue and ProStocks are a discount brokers where AxisDirect is a full service broker. Overall rating for Alice Blue is 4, ProStocks is rated 4, AxisDirect is rated 3.5 out of 5.

Here we present side-by-side comparison of Alice Blue vs ProStocks vs AxisDirect stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Alice Blue vs ProStocks vs AxisDirect on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Alice Blue vs ProStocks vs AxisDirect in this setion with 360 degree view of broker information.

Compare Alice Blue vs ProStocks vs AxisDirect on Service

  Alice Blue Compare
Alice Blue
ProStocks Compare
ProStocks
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Full Service Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE NSE, BSE
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. Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an...Know more about ProStocks 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 ProStocks Request call back from Zerodha
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Account Opening Charges and AMC

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

In this section we have compared Alice Blue vs ProStocks vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Alice Blue and ProStocks offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - Alice Blue charges Rs 400 PA as AMC for Demat account, ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) 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 vs ProStocks vs AxisDirect
Charges Alice Blue ProStocks AxisDirect
Trading Account Opening Fees Free Free Rs 999
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 400 PA Rs 0 (Rs 1000 Refundable Deposit) Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Alice Blue vs ProStocks vs AxisDirect on Plan Options

Plans are the most important feature you look when compare Alice Blue vs ProStocks vs AxisDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers offers Multiple Plans. You have option to select plan as per your trading streategy. Monthlay Plans - ProStocks offers Monthy Plans where Alice Blue and AxisDirect doesn't offer.

Compare Alice Blue vs ProStocks vs AxisDirect on Plan Options
Plan Types Alice Blue ProStocks AxisDirect
Multiple Plans Yes Yes Yes
Monthly Plans No Yes No
Yearly Plans No Yes No
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Account Opening Request

Account Opening

  Alice Blue ProStocks Zerodha
Account Opening Request
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Brokerage Charges

Compare Alice Blue vs ProStocks vs AxisDirecton 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.

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

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 vs ProStocks vs AxisDirect
Brokerage Charges Compare Alice Blue ProStocks AxisDirect
Plan Name F15 Plan Flat Fee Rs 15 Trading Plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery Free Free 0.50% (Each leg)
Equity Intraday 0.05% or Rs 15 whichever is lower Flat Fee Rs 15 0.05% (Each leg)
Equity Futures 0.05% or Rs 15 whichever is lower Flat Fee Rs 15 0.05% (Each leg)
Equity Options Flat Fee Rs 15 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 Flat Fee Rs 15 0.05% (Each Leg)
Currency Options Flat Fee Rs 15 Flat Fee Rs 15 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading Flat Fee Rs 15 NA Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage NA NA
Hidden Charges No No
Funding Yes - 24% interest PA No Yes - 18% interest PA
Call & Trade Charges Rs 50 per order + GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges Rs 50 per order + GST Delivery Rs 25, Intraday and F&O Rs 10 per executed order 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Alice Blue Brokerage Calculator for ProStocks Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare Alice Blue vs ProStocks vs AxisDirect on Transaction Charges

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

Transaction Charges - Compare Alice Blue vs ProStocks vs AxisDirect
Transaction Charges Compare Alice Blue ProStocks AxisDirect
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr 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 NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE 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 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 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 NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for alice-blue Complete Brokerage Plans for prostocks Complete Brokerage Plans for axisdirect
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Account Features

Compare Alice Blue vs ProStocks vs AxisDirect on Account Features

Compare Alice Blue vs ProStocks vs 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 and ProStocks offers only 2-in-1 account which includes trading and demat account. Margin Funding - AxisDirect offers margin funding where Alice Blue and ProStocks doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

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

Compare Alice Blue vs ProStocks vs AxisDirecton Trading Platform

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

Trading Platform - Compare Alice Blue vs ProStocks vs AxisDirect
Trading Platform Compare Alice Blue ProStocks AxisDirect
Desktop Trading Platform ANT - Analyse and Trade Star ProStocks Ring
Desktop Demo Info Not Available Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.prostocksweb.com/

https://login.axisdirect.in/

Web Trading Demo Info Not Available Info Not Available Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App ANT Mobile Star ProStocks AxisDirect Ring Mobile App
Mobile Trading App Demo ANT Mobile Demo Info Not Available AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod ANT Mobile Download Andriod Star ProStocks Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS ANT Mobile Download iOS Star ProStocks Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free 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 ProStocks Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Alice Blue Futures Brokerage Calculator for ProStocks Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for Alice Blue Options Brokerage Calculator for ProStocks Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for alice-blue Detail on Trading Platforms for prostocks Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare Alice Blue vs ProStocks vs AxisDirect on User Rating

  Alice Blue ProStocks AxisDirect
  8 Customer Reviews    Rate Alice Blue 4 Customer Reviews    Rate ProStocks 6 Customer Reviews    Rate AxisDirect
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Alice Blue is Rated 2.1 / 5 based on 8 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare Alice Blue vs ProStocks vs AxisDirect on Investment Offerings

Compare Alice Blue vs ProStocks vs 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Alice Blue and AxisDirect offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Alice Blue and AxisDirect offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

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

Compare Alice Blue vs ProStocks vs AxisDirect on Order Types

Order Type - Compare Alice Blue vs ProStocks vs AxisDirect on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Alice Blue and ProStocks provides Bracket Orders (BO) facility where AxisDirect doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - ProStocks and AxisDirect offers Good Till Cancelled (GTC) orders facility where Alice Blue doesn't provides GTC.

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

Compare Alice Blue vs ProStocks vs AxisDirect on Customer Service

Compare Alice Blue vs ProStocks vs AxisDirect on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Alice Blue vs ProStocks vs AxisDirect
Customer Service Compare Alice Blue ProStocks AxisDirect
24/7 Customer Service No No No
Email Support No Yes Yes
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number No No Yes
Through Branches Yes No Yes
Customer Care Number 08035215000/080-45490850 +91-2262-434343 022-61480808
Account Opening Process Online/Paperless Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://tradeschool.aliceblueonline.com/ https://www.prostocks.com/faq.html https://simplehai.axisdirect.in/learn/overview
Head Office Address Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website https://www.aliceblueonline.com https://www.prostocks.com https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Alice Blue vs ProStocks vs AxisDirect on Research Reports, Tips

Compare Alice Blue vs ProStocks vs AxisDirect on research reports and tips provided by broker.

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

Compare Alice Blue vs ProStocks vs AxisDirect on Demat Account

Compare Alice Blue vs ProStocks vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Alice Blue vs ProStocks vs AxisDirect
  Alice Blue ProStocks AxisDirect
DP Source CDSL CDSL CDSL
DP ID 83500 83200 49200
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Free (₹1000 Refundable Deposit) ₹500 pa
Advance Deposit Rs 0 1000/- Refundable Deposit against charges Nil
Statutory charges Rs 150 Stamp Charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of the value of the transaction ₹20 per ISIN ₹10
Demat ₹10 per certificate + ₹50 courier charges ₹50 per set up + ₹50 courier charges ₹3 per certificate
Remat ₹30 per certificate + CDSL charges ₹50 per set up + ₹50 courier charges ₹10 for every hundred securities (Min ₹10)
Pledge Creation ₹20 + CDSL charges ₹50 ₹25
Pledge Creation Confirmation Nil Nil ₹25
Pledge Closure ₹20 + CDSL charges ₹50 ₹25
Pledge Closure Confirmation Nil Nil ₹25
Pledge Invocation ₹20 + CDSL charges ₹50 Nil
Failed Instruction Charges Nil ₹50 per transaction Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Alice Blue vs ProStocks vs AxisDirect on Special Offers and Promotion

Compare Alice Blue vs ProStocks vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Alice Blue vs ProStocks vs AxisDirect on Special Offers and Promotion
  Alice Blue ProStocks 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 via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks 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 Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays. Instant to Axis Bank.
Bank Supported and Charges Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms. Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms. NA
Bank Detail Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
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...

  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

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...

  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

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 ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit. Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire for Alice Blue Enquire for ProStocks Enquire for AxisDirect

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