Is Alice Blue free?
Table of Contents
Is Alice Blue free?
Alice Blue offers free Equity Delivery trading and charges a brokerage of Rs 15 per order or 0.1% of trade value (whichever is lower) for Equity Intraday, Equity Futures, Currency Futures, and Commodity Futures and a flat Rs 15 per order for Options.
Is Alice Blue A good broker?
Alice Blue is a safe and reliable discount broker offering trading and investment services across Equities, F&O, Currency, Commodity, IPO, and Mutual Funds. Incorporated in 2006, Alice Blue has established itself as a reputed stock broker in India with over 16 branches across the country.
How do you activate commodities in Alice Blue?
To trade on MCX, you will have to add a new commodity segment to your Alice Blue account, if you have not already done so during the account opening. To add a new segment, you will have to contact an Alice Blue branch and tell them that you want to activate a new segment.
Who owns Alice Blue?
Sidhavelayutham Mohan
Sidhavelayutham Mohan is the Group CEO & Managing Director at Alice Blue .
What is cash margin in Alice Blue?
Alice Blue margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Alice Blue F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX.
How do I start trading in Alice Blue?
How to open a Trading & Demat Account Offline?
- Download the KYC form ABFSPL.
- Take a printout and fill up all the details.
- Attach a self-attested copy of the Account opening documents.
- Sign the KYC form and send the hard copy to Aliceblue Corporate office address.
What is the margin in Alice Blue?
Alice Blue F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Alice Blue F&O carry forward positions and equity delivery trades.
Is Alice Blue or Zerodha better?
Both the brokers are Discount Brokers. Zerodha is having overall higher rating compare to Alice Blue. Zerodha is rated 4.5 out of 5 where Alice Blue is rated only 4 out of 5. Number of active customer for Zerodha is 65,13,036 where number of active customer for Alice Blue is 1,47,195.
What is single margin facility?
A single margin account allows fungibility of funds between segments. Previously, if a client wanted to trade, he had to transfer funds separately in order to trade in capital and commodity segments. For Example, Mr. X wants to trade in the F&O segment, transfers Rs. 1 Lakh to his capital account.
Who is founder of Alice Blue?
Sidhavelayutham MohanAlice Blue / Founder
What is the meaning of Alice Blue?
Alice blue is a pale tint of azure that was favored by Alice Roosevelt Longworth, American painter and daughter of Theodore Roosevelt, which sparked a fashion sensation in the United States.
What is DP maintenance charges in Alice Blue?
DP Charges for Intraday Trading….DP Transaction Charges – Alice Blue.
| Other Demat Transaction Charge | Charges |
|---|---|
| Account Maintenance Charges | 400 + GST |
| Pledge Services (Creation/Closure/Invocation) | ₹ 15 + GST for Buy and ₹ 15 for Sell |
| Dematerialization + Dematerialization Request | ₹ 10 per certificate + ₹ 50 per request |
Is MTF available in Alice Blue?
Alice Blue Account Opening Open Instant Account online with Alice Blue and start trading today. MTF (Margin Trade Facility) in Alice Blue allows you to buy securities by paying a partial amount against the entire worth of the stocks. You can also pledge your securities to avail collateral margin facility.
How do I buy and sell shares in Alice Blue?
Alice Blue Account Opening
- Log in to the ‘ANT Mobi’ mobile trading app by Alice Blue using your Client ID and password that opens the default market watchlist screen.
- Search for the stocks you want to buy using the search icon on the top left of the screen.
- Click on the stock you want to trade.
How do you buy stock in Alice Blue?
Steps to buy shares in Alice Blue: Type and select the name of the stock you want to buy using the search icon on the top right corner of the screen. Click on the ‘BUY’ button on the bottom left of the screen. Enter the quantity and price at which you want to buy the stock.
What is F15 plan in Alice Blue?
AliceBlue offers one simple brokerage plans, Freedom 15 (F15) to its customers. The flat fee brokerage plan F15 minimizes the brokerage fee so that customers incur the lowest cost while trading. It is a discount brokerage plan which offers brokerages free equity delivery trades.
What is CM charges in Alice Blue?
| Equity – List of all charges and taxes | ||
|---|---|---|
| Charges | Equity delivery | Equity options |
| Transaction charges | 0.00345% | 0.053% (on premium) |
| CM Charges | Rs. 2000 Per Crore of Turnover | Rs. 3000 Per Crore of Turnover |
| SEBI charges | Rs. 10 per Crore | Rs. 10 per Crore |
What is MTF in Alice Blue?
MTF (Margin Trade Facility) in Alice Blue allows you to buy securities by paying a partial amount against the entire worth of the stocks. You can also pledge your securities to avail collateral margin facility.
How many people are in Alice Blue?
Founded in 2006, Alice Blue today serves more than 1 lakh active traders and more than 10000 partners everyday. The company is a member of MCX, NCDEX, NMCE & NSEL and is 6th largest by trade volume and recipient of multiple MCX awards over the last few years as the best stock broking company.
