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The brokerage of Finvasia ranges between Rs 0, the brokerage of Upstox ranges between Rs 20, while the brokerage of Alice Blue ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for Finvasia is 4, Upstox is rated 4.5, Alice Blue is rated 4 out of 5.
Here we present side-by-side comparison of Finvasia vs Upstox vs Alice Blue stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs Upstox vs Alice Blue 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 Finvasia vs Upstox vs Alice Blue in this setion with 360 degree view of broker information.
 Finvasia |
 Upstox |
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX | BSE, NSE, MCX, NCDEX |
| Broker Overview | Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...  |
Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. | 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. |
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In this section we have compared Finvasia vs Upstox vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia and Alice Blue offer Free account opening where Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - Finvasia charges Free as AMC for Demat account, Upstox charges Free AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.
| Charges | Finvasia | Upstox | Alice Blue |
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| Trading Account Opening Fees | Free | Promotion offer: Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Free | Free | Rs 400 PA |
| Provide DP Service |  |
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Plans are the most important feature you look when compare Finvasia vs Upstox vs Alice Blue. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Alice Blue offers Multiple Plans where Finvasia and Upstox doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Finvasia | Upstox | Alice Blue |
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| Zerodha | Upstox | Alice Blue | |
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| Account Opening Request |
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.
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 | Finvasia | Upstox | Alice Blue |
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| Plan Name | Zero Brokerage Trading Plan | Max Rs 20 Per Order Trading Plan | F15 Plan |
| Equity Delivery | Rs 0 | 2.5% or Rs 20 whichever is lower | Free |
| Equity Intraday | Rs 0 | 0.05% or Rs 20 whichever is lower | 0.05% or Rs 15 whichever is lower |
| Equity Futures | Rs 0 | 0.05% or Rs 20 whichever is lower | 0.05% or Rs 15 whichever is lower |
| Equity Options | Rs 0 | Flat Fee Rs 20 | Flat Fee Rs 15 |
| Currency Futures | Rs 0 | 0.05% or Rs 20 whichever is lower | 0.05% or Rs 15 whichever is lower |
| Currency Options | Rs 0 | Flat Fee Rs 20 | Flat Fee Rs 15 |
| Commodity Trading | Rs 0 | Flat Fee Rs 20 | Flat Fee Rs 15 |
| Minimum Brokerage | NA | NA | |
| Hidden Charges | No | Info Not Available | |
| Funding | Yes, 24% interest PA | Info Not Available | Yes - 24% interest PA |
| Call & Trade Charges | Free | Rs 50 + 18% GST | Rs 50 per order + GST |
| Auto Square off Charges | Free | Rs 50 + 18% GST | Rs 50 per order + GST |
| Brokerage Calculator | Brokerage Calculator for Finvasia | Brokerage Calculator for Upstox | Brokerage Calculator for Alice Blue |
Compare Finvasia vs Upstox vs Alice Blue on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Finvasia | Upstox | Alice Blue |
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| 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 260 Per Cr | Agri: Rs 175 Per Cr | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for upstox | Complete Brokerage Plans for alice-blue |
Compare Finvasia vs Upstox vs Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 Account where Finvasia and Alice Blue offers only 2-in-1 account which includes trading and demat account. Margin Funding - Upstox offers margin funding where Finvasia and Alice Blue doesn't offers margin funding. NRI Trading - Finvasia and Alice Blue offers NRI Trading where Upstox doesn't offers NRI Trading.
| Account Features Compare | Finvasia | Upstox | Alice Blue |
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| 3 in 1 Account | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15 PM | 3:15PM | 3:15 PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs Upstox vs Alice Blue. 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 | Finvasia | Upstox | Alice Blue |
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| Desktop Trading Platform | OMNESYS NEST | Upstox Pro | ANT - Analyse and Trade |
| Desktop Demo | Info Not Available | Info Not Available | Info Not Available |
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| Web Trading Detail |
https://trade.finvasia.com/ |
https://pro.upstox.com/ |
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| Web Trading Demo | Info Not Available | Web Trading Demo | Info Not Available |
| Mobile Site | |
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| Mobile Trading App | SCALPERT | Upstox | ANT Mobile |
| Mobile Trading App Demo | SCALPERT Demo | Upstox Demo | ANT Mobile Demo |
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| Android App Download | Andriod SCALPERT Download | Andriod Upstox Download | Andriod Download |
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| iOS App Download | Info Not Available | iOS Upstox Download | iOS ANT Mobile Download |
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| Trading Software Charges | Basic platforms are free, advance platforms are chargeable. | Free | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Finvasia | Equity Intraday and Delivery Brokerage Calculator for Upstox | Equity Intraday and Delivery Brokerage Calculator for Alice Blue |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for Upstox | Futures Brokerage Calculator for Alice Blue |
| Options Brokerage Calculator | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for Upstox | Options Brokerage Calculator for Alice Blue |
| Detail | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for upstox | Detail on Trading Platforms for alice-blue |
| Finvasia | Upstox | Alice Blue | ||
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17 Customer Reviews
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12 Customer Reviews
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8 Customer Reviews
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| Fees Ratings | ||||
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| Overall Ratings | ||||
| Broker Rating | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | Upstox is Rated 3.7 / 5 based on 12 customer reviews | Alice Blue is Rated 2.1 / 5 based on 8 customer reviews |
Compare Finvasia vs Upstox vs 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.
| Investment Offerings Compare | Finvasia | Upstox | Alice Blue |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Finvasia vs Upstox vs Alice Blue 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) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Upstox offers Good Till Cancelled (GTC) orders facility where Finvasia and Alice Blue doesn't provides GTC.
| Order Type Compare | Finvasia | Upstox | Alice Blue |
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Compare Finvasia vs Upstox vs Alice Blue 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 Service Compare | Finvasia | Upstox | Alice Blue |
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| 24/7 Customer Service | |
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| Customer Care Number | Support: +91 9779 097 777/Sales: +91 9098 001 001 | +91 22 6130 9999 | 08035215000/080-45490850 |
| Account Opening Process | Online/Paperless | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected]/[email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://finvasia.com/announcements | https://upstox.com/help-center/ | https://tradeschool.aliceblueonline.com/ |
| Head Office Address | Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013 |
Alice Blue, No. 153/2, 3rd Floor,M.R.B.Arcade, Bagalur Main Road, Dwaraka Nagar, Yelahanka, Bangalore - 560063 |
| Website | https://www.finvasia.com/ | https://upstox.com/ | https://www.aliceblueonline.com |
Compare Finvasia vs Upstox vs Alice Blue on research reports and tips provided by broker.
| Finvasia | Upstox | Alice Blue | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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| Daily Market Report | |
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Compare Finvasia vs Upstox vs Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Finvasia | Upstox | Alice Blue | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 84300 | 81800 | 83500 |
| Demat Account Annual Maintenance Charges(AMC) | Free | ₹300 PA | ₹400 pa |
| Advance Deposit | Rs 0 | NIL | Rs 0 |
| Statutory charges | Nil | Nil | Rs 150 Stamp Charges |
| Transaction Charges on Debit (Per ISIN) | ₹9 + ₹5.50 (CDSL Charges) for every transaction | ₹13 + ₹5.50 CDSL charges | 0.04% of the value of the transaction |
| Demat | ₹15 per certificate | ₹20 + ₹50 courier charges | ₹10 per certificate + ₹50 courier charges |
| Remat | ₹15 for every hundred securities + CDSL Charges | ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) | ₹30 per certificate + CDSL charges |
| Pledge Creation | ₹25 per transaction | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹20 + CDSL charges |
| Pledge Creation Confirmation | NIL | 0.02% of the transaction value (Min ₹50) + CDSL charges | Nil |
| Pledge Closure | ₹25 per transaction | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹20 + CDSL charges |
| Pledge Closure Confirmation | NIL | 0.02% of the transaction value (Min ₹50) + CDSL charges | Nil |
| Pledge Invocation | ₹19 per transaction | 0.05% of the transaction value (Min ₹50) | ₹20 + CDSL charges |
| Failed Instruction Charges | ₹49 | ₹50 | Nil |
| Other Charges | Nil | Nil | Nil |
Compare Finvasia vs Upstox vs Alice Blue on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Finvasia | Upstox | Alice Blue | |
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| Pay In and Pay Out Options | Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through bank transfer only. |
pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro Pau-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 | Up to 24 hrs except for bank holidays. | Max 24 hrs except bank holidays | Upto 24 Hrs except Bank Holidays. |
| Bank Supported and Charges | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. | Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. | Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms. |
| Bank Detail | FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
HDFC Bank Account Name - RKSV SECURITIES INDIA PVT.LTD. Account Number -00600340067574 Account Type - Current Account IFSC Code- HDFC0000060 |
Aliceblue Financial Services, Account Number:ABFNSEXXXXXXXX Bank and Branch: HDFC Bank,Sathy Road,Erode Account Type: Current Account IFSC Code: HDFC0000232 |
| Likes |
No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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Before you open an Upstox account, check out the advantages on why to trade with Upstox.
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| Dislikes |
Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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There are some setbacks or disadvantages also while trading with Upstox;
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs | |
| Enquire for Finvasia | Enquire for Upstox | Enquire for Alice Blue |
Last Updated on 2023-09-05T02:25:49+00:00
