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Sharekhan Vs Finvasia Vs Alice Blue: Which one is better?

The brokerage of Sharekhan ranges between 0.1 to 0.5%, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Alice Blue ranges between Rs 15. The broker Finvasia and Alice Blue are a discount brokers where Sharekhan is a full service broker. Overall rating for Sharekhan is 4, Finvasia is rated 4, Alice Blue is rated 4 out of 5.

Here we present side-by-side comparison of Sharekhan vs Finvasia 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 Sharekhan vs Finvasia 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 Sharekhan vs Finvasia vs Alice Blue in this setion with 360 degree view of broker information.

Compare Sharekhan vs Finvasia vs Alice Blue on Service

  Sharekhan Compare
Sharekhan
Finvasia Compare
Finvasia
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation... Know more about Sharekhan 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...Know more about Finvasia 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 Sharekhan Request call back from Zerodha Request call back from Alice Blue
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Account Opening Charges and AMC

Compare Sharekhan vs Finvasia vs Alice Blue on Trading & Demat Account Opening Charges

In this section we have compared Sharekhan vs Finvasia vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Sharekhan charges Rs 400 PA (Free for 1st year)) as AMC for Demat account, Finvasia charges Free AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.

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

Compare Sharekhan vs Finvasia vs Alice Blue on Plan Options

Plans are the most important feature you look when compare Sharekhan vs Finvasia vs Alice Blue. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Sharekhan and Alice Blue offers Multiple Plans where Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

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

Account Opening

  Sharekhan Zerodha Alice Blue
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs Finvasia vs Alice Blueon Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

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 Sharekhan vs Finvasia vs Alice Blue
Brokerage Charges Compare Sharekhan Finvasia Alice Blue
Plan Name Sharkehan Brokerage Plan Zero Brokerage Trading Plan F15 Plan
Equity Delivery 0.30% Rs 0 Free
Equity Intraday 0.02% Rs 0 0.05% or Rs 15 whichever is lower
Equity Futures 0.02% Rs 0 0.05% or Rs 15 whichever is lower
Equity Options Rs 20 per lot Rs 0 Flat Fee Rs 15
Currency Futures 0.02% Rs 0 0.05% or Rs 15 whichever is lower
Currency Options Rs 5 per lot Rs 0 Flat Fee Rs 15
Commodity Trading Rs 20 per lot Rs 0 Flat Fee Rs 15
Minimum Brokerage Rs 20 NA NA
Hidden Charges No No
Funding Yes - 18% interest PA Yes, 24% interest PA Yes - 24% interest PA
Call & Trade Charges Free Free Rs 50 per order + GST
Auto Square off Charges Free Free Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for Finvasia Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare Sharekhan vs Finvasia vs Alice Blue on Transaction Charges

Compare Sharekhan vs Finvasia vs Alice Blue on transaction charges and PCM fee by segment.

Transaction Charges - Compare Sharekhan vs Finvasia vs Alice Blue
Transaction Charges Compare Sharekhan Finvasia Alice Blue
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 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for sharekhan Complete Brokerage Plans for finvasia Complete Brokerage Plans for alice-blue
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Account Features

Compare Sharekhan vs Finvasia vs Alice Blue on Account Features

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

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

Compare Sharekhan vs Finvasia vs Alice Blueon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan vs Finvasia 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 Sharekhan vs Finvasia vs Alice Blue
Trading Platform Compare Sharekhan Finvasia Alice Blue
Desktop Trading Platform TradeTiger OMNESYS NEST ANT - Analyse and Trade
Desktop Demo Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.sharekhan.com/

https://trade.finvasia.com/

Web Trading Demo Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Sharekhan SCALPERT ANT Mobile
Mobile Trading App Demo Sharekhan Demo SCALPERT Demo ANT Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Sharekhan Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS Sharekhan Download Info Not Available iOS ANT Mobile Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Free Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Sharekhan Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for finvasia Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare Sharekhan vs Finvasia vs Alice Blue on User Rating

  Sharekhan Finvasia Alice Blue
  184 Customer Reviews    Rate Sharekhan 17 Customer Reviews    Rate Finvasia 8 Customer Reviews    Rate Alice Blue
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Sharekhan is Rated 3.6 / 5 based on 184 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews Alice Blue is Rated 2.1 / 5 based on 8 customer reviews
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Investment Offerings

Compare Sharekhan vs Finvasia vs Alice Blue on Investment Offerings

Compare Sharekhan vs Finvasia 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) - Sharekhan offers PMS facility where Finvasia and Alice Blue doesn't offers PMS facility.

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

Compare Sharekhan vs Finvasia vs Alice Blue on Order Types

Order Type - Compare Sharekhan vs Finvasia 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 - Sharekhan offers Good Till Cancelled (GTC) orders facility where Finvasia and Alice Blue doesn't provides GTC.

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

Compare Sharekhan vs Finvasia vs Alice Blue on Customer Service

Compare Sharekhan vs Finvasia 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 Support - Compare Sharekhan vs Finvasia vs Alice Blue
Customer Service Compare Sharekhan Finvasia Alice Blue
24/7 Customer Service No No No
Email Support Yes Yes No
Onine Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No Yes
Customer Care Number 1800227500 Support: +91 9779 097 777/Sales: +91 9098 001 001 08035215000/080-45490850
Account Opening Process Offline Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://www.sharekhan.com/help/hello https://finvasia.com/announcements https://tradeschool.aliceblueonline.com/
Head Office Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042
Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Website https://www.sharekhan.com https://www.finvasia.com/ https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare Sharekhan vs Finvasia vs Alice Blue on Research Reports, Tips

Compare Sharekhan vs Finvasia vs Alice Blue on research reports and tips provided by broker.

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

Compare Sharekhan vs Finvasia vs Alice Blue on Demat Account

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

Demat Charges - Compare Sharekhan vs Finvasia vs Alice Blue
  Sharekhan Finvasia Alice Blue
DP Source CDSL CDSL CDSL
DP ID 36000 84300 83500
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Free ₹400 pa
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) Rs 0 Rs 0
Statutory charges Actual Stamp Paper Charges Nil Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹9 + ₹5.50 (CDSL Charges) for every transaction 0.04% of the value of the transaction
Demat ₹5 per certificate (Min 50 per request) ₹15 per certificate ₹10 per certificate + ₹50 courier charges
Remat ₹50 per certificate or ₹50 for every hundred securities ₹15 for every hundred securities + CDSL Charges ₹30 per certificate + CDSL charges
Pledge Creation 0.03% (Min ₹100) ₹25 per transaction ₹20 + CDSL charges
Pledge Creation Confirmation Nil NIL Nil
Pledge Closure Nil ₹25 per transaction ₹20 + CDSL charges
Pledge Closure Confirmation Nil NIL Nil
Pledge Invocation Nil ₹19 per transaction ₹20 + CDSL charges
Failed Instruction Charges Nil ₹49 Nil
Other Charges Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs Finvasia vs Alice Blue on Special Offers and Promotion

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

Compare Sharekhan vs Finvasia vs Alice Blue on Special Offers and Promotion
  Sharekhan Finvasia Alice Blue
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
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 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 Max 24 hrs except bank holidays Up to 24 hrs except for bank holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Info Not Available Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
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
Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
Likes
  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

Detail Review...

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;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

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 doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Does not offer Direct mutual fund.
  • Detail Review...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

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 Free Account Opening+Free Demat AMC+Free Trading.
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Last Updated on 2024-03-04T07:37:57+00:00