The side-by-side comparison of Zerodha and Alice Blue NRI Account. Compare Zerodha Vs Alice Blue NRI Account brokerage charges, exposure margin, demat account and AMC. Read Alice Blue and Zerodha NRI Account reviews.
Find out Zerodha Vs Alice Blue which is better NRI Trading Account. See Zerodha Vs Alice Blue which is best NRI Demat Account.
Our Zerodha comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Zerodha and Alice Blue NRI Account.
| Zerodha | Alice Blue | |
|---|---|---|
 |  | |
| About the Broker | Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account... | Alice Blue does not offer NRI trading and demat account. As per the company representative on 22nd Nov 2019, ' We wish to inform you that currently, we are not offering our services to NRIs, only Resident Indians can open an account with us. NRI's ca... |
| Account Type | NRI Account | NA |
| Special Offer | Special Offer:
₹0 Brokerage on Equity Delivery & Mutual Funds
India’s most trusted trading platform 💹 🔓 Open Account – FREE⏱ 5 min | 100% Online | Paperless | Special Offer: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. |
| Zerodha | Alice Blue | |
|---|---|---|
| NRI Account Opening Fees | ₹500 | NA |
| NRI Account AMC | ₹0 | NA |
| NRI Demat Account Opening Fees | Rs 0 | Rs 0 |
| NRI Demat Account AMC | Rs 300 | Rs 400 |
| PIS Account AMC | NA | NA |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open Zerodha Account | Open Alice Blue Account |
| Account Type | Zerodha NRI Account | Alice Blue NA |
|---|---|---|
| Equity Delivery | Non-PIS account, 0.5% or ₹50 per executed order | NA |
| Equity Futures | Non-PIS account, 0.5% or ₹50 per executed order | NA |
| Equity Options | Non-PIS account, 0.5% or ₹50 per executed order | NA |
| Open Zerodha Account | Open Alice Blue Account |
| Contract Note Reporting Charges | NA | NA |
| Other Brokerage Charges | Demat Account AMC: ₹500 yearly | NA |
| TDS Charges on Long Term Gain (Holding > 365 Days) | 11.96% | 11.96% |
| TDS Charges on Short Term Gain (Holding <= 365 Days) | 17.94% | 17.94% |
| Zerodha | Alice Blue | |
|---|---|---|
| Securities Transaction Tax (STT) |
|
|
| Exchange Transaction Charges | Check Exchange Transaction Fee | |
| SEBI Charges | 0.00005% (₹5/Crore) | 0.00005% (₹5/Crore) |
| Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| Stamp Duty | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. |
| Zerodha Margin | Alice Blue Margin | |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage. | ||
| Zerodha | Alice Blue | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | ||
| Open Zerodha Account | Open Alice Blue Account |
| Zerodha Review | Alice Blue Review | |
|---|---|---|
492 Customer Reviews  | 40 Customer Reviews | |
| Fees |  |  |
| Brokerage |  | |
| Trading Platform | |  |
| Customer Service |  |  |
| Overall Rating | |  |
| Broker Rating | Zerodha is Rated 3.6 / 5 based on 492 customer reviews | Alice Blue is Rated 3.1 / 5 based on 40 customer reviews |
| Open Zerodha Account | Open Alice Blue Account |
| Zerodha Enquire | Zerodha Enquire | |
|---|---|---|
| Contact Broker |
₹0 Brokerage on Equity Delivery & Mutual Funds
India’s most trusted trading platform 💹 🔓 Open Account – FREE⏱ 5 min | 100% Online | Paperless | Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. |
| Zerodha | Alice Blue | |
|---|---|---|
| Stocks |  | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options |
| Zerodha | Alice Blue | |
|---|---|---|
| Customer Care Number | +91 80 4718 1888 | |
| Customer Care Email | nridesk@zerodha.com | |
| Open Zerodha Account | Open Alice Blue Account |
| Zerodha | Alice Blue | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Zerodha | Alice Blue | |
|---|---|---|
| Pros |
| |
| Cons |
|
|
Conclusion | Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs. | Alice Blue, the Bangalore based financial service provider, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks. If you recently become an NRI and have a resident account with Alice Blue, you have to close it and open a new account with another broker who offers NRI services. |
| Promo / Offers | ZerodhaSpecial OfferFree Stock Trading and Mutual Funds
Limited-time offer! | Alice BlueSpecial OfferFree Equity Delivery TradeTrade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today. |
| Open Zerodha Account | Open Alice Blue Account |
Expand all
Open Zerodha Account