The brokerage of Indiabulls Securities ranges between Rs 11, the brokerage of TradeSmart ranges between Rs 15, while the brokerage of Alice Blue ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Indiabulls Securities is 4, TradeSmart is rated 4, Alice Blue is rated 4 out of 5.
Here we present side-by-side comparison of Indiabulls Securities vs TradeSmart 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 Indiabulls Securities vs TradeSmart 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 Indiabulls Securities vs TradeSmart vs Alice Blue in this setion with 360 degree view of broker information.
TradeSmart
Alice Blue
In this section we have compared Indiabulls Securities vs TradeSmart vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offer Free Trading account opening. Demat AMC charges - Indiabulls Securities charges Rs 25 + GST per month from 1st month as AMC for Demat account, TradeSmart charges Rs 300 PA (Free for 1st year) AMC for Demat account, where Alice Blue charges Free AMC for Demat account.
| Segment | Indiabulls Securities | TradeSmart | Alice Blue |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 25 + GST per month from 1st month | Rs 300 PA (Free for 1st year) | Free |
| Provide DP Service | Yes | Yes | Yes |
Plans are the most important feature you look for when comparing Indiabulls Securities vs TradeSmart vs Alice Blue. This section compares on high level, the type of plans offered by brokers. Miltiple Plans - TradeSmart offers Multiple Plans, where Indiabulls Securities and Alice Blue don't offer. Monthlay Plans - All 3 brokers don't have Monthly Plans.
| Plan Types | Indiabulls Securities | TradeSmart | Alice Blue |
|---|---|---|---|
| Multiple Plans | No | Yes | No |
| Monthly Plans | Yes | No | No |
| Yearly Plans | No | No | No |
| Β | Indiabulls Securities | TradeSmart | Alice Blue |
|---|---|---|---|
| Account Opening Request |
Compare Indiabulls Securities vs TradeSmart vs Alice Blue on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Indiabulls Securities | TradeSmart | Alice Blue |
|---|---|---|---|
| Equity Delivery | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Intraday | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Futures | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr |
| Equity Options | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr |
| Currency Options | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr |
| Commodity | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for indiabulls-securities | Complete Brokerage Plans for trade-smart-online | Complete Brokerage Plans for alice-blue |
Compare Indiabulls Securities vs TradeSmart vs Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offer a 2-in-1 account, which includes trading and demat accounts. Margin Funding - Indiabulls Securities offers margin funding, whereas TradeSmart and Alice Blue don't offer margin funding. NRI Trading - Indiabulls Securities and Alice Blue offer NRI Trading, whereas TradeSmart doesn't offer NRI Trading.
| Account Features Compare | Indiabulls Securities | TradeSmart | Alice Blue |
|---|---|---|---|
| 3 in 1 Account | No | No | No |
| Charting | Yes | Yes | Yes |
| Algo Trading | Yes | Yes | Yes |
| SMS Alerts | Yes | No | No |
| Online Demo | No | Yes | No |
| Online Portfolio | Yes | No | Yes |
| Margin Trading Funding Available | Yes | No | No |
| Combined Ledger for Equity and Commodity | Yes | Yes | Yes |
| Intraday Square-off Time | 3:15PM | 3:15PM | 3:15 PM |
| NRI Trading | Yes | No | Yes |
| Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Indiabulls Securities vs TradeSmart 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 | Indiabulls Securities | TradeSmart | Alice Blue |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | Power Indiabulls Web | https://web.tradesmartonline.in/login | ANT Web |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Trading | Yes | Yes | Yes |
| Mobile Trading App | Indiabulls Securities App | TradeSmart 2.0 | ANT Mobi |
| Mobile Trading App Demo | Indiabulls Securities App | TradeSmart 2.0 | ANT Mobi |
| Android Mobile App | Yes | Yes | Yes |
| Android App Download | |||
| iPhone Mobile App (IOS) | Yes | Yes | Yes |
| iOS App Download | |||
| Android Tablet App | Yes | Yes | Yes |
| iPad App (IOS) | Yes | Yes | Yes |
| Trading Software Charges | Free | Free | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Indiabulls Securities | Equity Intraday and Delivery Brokerage Calculator for TradeSmart | Equity Intraday and Delivery Brokerage Calculator for Alice Blue |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Indiabulls Securities | Futures Brokerage Calculator for TradeSmart | Futures Brokerage Calculator for Alice Blue |
| Options Brokerage Calculator | Option Brokerage Calculator for Indiabulls Securities | Option Brokerage Calculator for TradeSmart | Option Brokerage Calculator for Alice Blue |
| Detail | Detail on Trading Platforms for Indiabulls Securities | Detail on Trading Platforms for TradeSmart | Detail on Trading Platforms for Alice Blue |
| Β | Indiabulls Securities | TradeSmart | Alice Blue |
|---|---|---|---|
| Β | 33 Customer reviewsΒ Β Β Rate | 35 Customer reviewsΒ Β Β Rate | 20 Customer reviewsΒ Β Β Rate |
| Fees Ratings | |||
| Trading Brokerage Rating | |||
| Trading Platform Usability | |||
| Customer Service Ratings | |||
| Overall Rating | |||
| Broker Rating | Indiabulls Securities is Rated 3.6 / 5 based on 33 customer reviews | TradeSmart is Rated 3.9 / 5 based on 35 customer reviews | Alice Blue is Rated 0.85 / 5 based on 20 customer reviews |
Compare Indiabulls Securities vs TradeSmart 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 offer Commodity Trading. Online Mutual Fund Investment - All 3 brokers offer online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers don't offer PMS facility.
| Investment Offerings Compare | Indiabulls Securities | TradeSmart | Alice Blue |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | Yes | Yes | Yes |
| Commodity | Yes | Yes | Yes |
| Online IPO Application | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes |
| Bonds / NCD | Yes | Yes | Yes |
| ETF | Yes | Yes | Yes |
| Banking | No | No | No |
| Insurance | No | No | No |
| Forex | No | No | No |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | No | Yes |
| PMS Service | No | No | No |
| Other Investment Options | Research & Advisory | NIL | NIL |
| MTF Compare | Indiabulls Securities | TradeSmart | Alice Blue |
|---|---|---|---|
| MTF Leverage | Up to about 4x leverage | Up to 4x leverage | - |
| MTF Interest Rate | 14% p.a. | 0.049% per day | - |
| MTF Segment | Equity Delivery | Equity Delivery | - |
| MTF Pledge Charges | ₹20 per ISIN per pledge | ₹12 per scrip | - |
| MTF Unpledged Charges | ₹20 per ISIN per unpledge | ₹12 per scrip | - |
| Maximum MTF Funding | - | ₹50 Lakh per account | - |
| API Compare | Indiabulls Securities | TradeSmart | Alice Blue |
|---|---|---|---|
| API Type |
|
|
|
| API Charges | Free | Free | Free |
Compare Indiabulls Securities vs TradeSmart vs Alice Blue on customer service offered by the broker. This section compares the type of service offered by each broker for quick resolution of queries/issues you may have.
| Customer Service Compare | Indiabulls Securities | TradeSmart | Alice Blue |
|---|---|---|---|
| 24/7 Customer Service | No | No | No |
| Email Support | Yes | Yes | No |
| Online Live Chat | No | Yes | Yes |
| Phone Support | Yes | Yes | Yes |
| Toll Free Number | No | No | No |
| Through Branches | Yes | No | Yes |
| Customer Care Number | 022-61446300 | 022 61208000 | 08035215000/080-45490850 |
| Account Opening Process | Online paperless | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://www.ibullssecurities.com/blogs-page | https://help.tradesmartonline.in/ | https://tradeschool.aliceblueonline.com/ |
| Head Office Address | Indiabulls Securities Headoffice Plot no. 108, 5th Floor, IT Park, Udyog Vihar, Phase - I, Gurugram - 122016 | Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 | Alice Blue, No. 153/2, 3rd Floor,M.R.B.Arcade, Bagalur Main Road, Dwaraka Nagar, Yelahanka, Bangalore - 560063 |
| Website | https://www.ibullssecurities.com/ | https://tradesmartonline.in/ | https://www.aliceblueonline.com |
Compare Indiabulls Securities vs TradeSmart vs Alice Blue on research reports and tips provided by broker.
| Β | Indiabulls Securities | TradeSmart | Alice Blue |
|---|---|---|---|
| Research Mutual Funds | No | No | No |
| Research Equity Reports | Yes | No | No |
| Research ETF | No | No | No |
| Daily Market Report | No | No | Yes |
| Free Tips | No | No | No |
| Quarterly Result Analysis | No | No | No |
| News Alerts | Yes | No | No |
Compare Indiabulls Securities vs TradeSmart vs Alice Blue on Demat Service and Charges. This section covers demat charges, demat service, and other details.
| Β | Indiabulls Securities | TradeSmart | Alice Blue |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 29900 | 30400 | 85300 |
| Demat Account Annual Maintenance Charges(AMC) | Rs 25/month AMC + GST | ₹300 pa (1st Year Free) | ₹400 pa |
| Advance Deposit | Nil | NIL | Rs 0 |
| Statutory charges | Nil | Nil | Rs 150 Stamp Charges |
| Transaction Charges on Debit (Per ISIN) | For BSDARs. 50/- or .05% of the transaction value (whichever is Higher).For Non BSDA-within Indiabulls: ₹20/- or .02% of the transaction value (whichever is Higher). For Non BSDA-Outside Indiabulls ₹30/- or .03% of the transaction value (whichever | ₹15 | 0.04% of the value of the transaction |
| Demat | ₹5 per certificate (Min ₹50 per request) | ₹500 per certificate (Min ₹500 per request) | ₹10 per certificate + ₹50 courier charges |
| Remat | ₹35/- for every 100 securities/MF units or part thereof | ₹500 per certificate (Min ₹500 per request) | ₹30 per certificate + CDSL charges |
| Pledge Creation | ₹35 or .02% of the transaction value (whichever is higher) | ₹15 per script | ₹20 + CDSL charges |
| Pledge Creation Confirmation | ₹35 or .02% of the transaction value (whichever is higher) | Nil | Nil |
| Pledge Closure | ₹35 or .02% of the transaction value (whichever is higher) | ₹15 per script | ₹20 + CDSL charges |
| Pledge Closure Confirmation | ₹35 or .02% of the transaction value (whichever is higher) | Nil | Nil |
| Pledge Invocation | ₹35 or .02% of the transaction value (whichever is higher) | Nil | ₹20 + CDSL charges |
| Failed Instruction Charges | Nil | Nil | Nil |
| Other Charges | Nil | Nil | Nil |
Compare Indiabulls Securities vs TradeSmart vs Alice Blue on general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| Β | Indiabulls Securities | TradeSmart | Alice Blue |
|---|---|---|---|
| Likes |
| Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?
|
|
| Dislikes |
| There are several disadvantages or limitations as well of trading with TradeSmart such as follows;
|
|
| Special Offers/Promo | Current Promotion offer from Indiabulls for InvestorGain Visitors
| π΄ Current Promotion from TradeSmart for InvestorGain Visitors:
| π· Current Promotion Offer from Alice Blue for InvestorGain Visitors:
|
Last Updated on Sat, May 9, 2026