Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat
Indiabulls Securities Logo

About Indiabulls Securities
Incorporated on October 30, 2003, Indiabulls Securities Limited (ISL), formerly known as Dhani Stocks Limited, is registered with SEBI as both a Stock Broker (INZ000036136) and a Depository Participant (IN-DP-423-2019). Indiabulls Securities Limited offers the user-friendly yet powerful and feature-rich online trading platforms (Power Indiabulls Desktop software, Web and Indiabulls Securities App). ISL offers a wide range of financial and investment services tailored to meet the needs of individ... Know more about Indiabulls Securities

Alice Blue Logo

About Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL. AliceBlue offers one simple brokerage plan of Rs 20 for all segments to its customers. The equity delivery brokerage charges are Rs 20 per executed order or 2.5% whichever is lower. For all other segments, Alice Blue charges flat Rs 20 per executed order or 0.05%... Know more about Alice Blue

Expand

Indiabulls Securities Vs Alice Blue

Incorporated in 2003, Indiabulls Securities is a Discount Broker. It offers trading at BSE, NSE and MCX. It has branches across India. Incorporated in 0, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.

 Indiabulls SecuritiesAlice Blue
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipBSE, NSE and MCXBSE, NSE, MCX
Year of Incorporation20030
Number of Branches0
Open Indiabulls Securities AccountOpen Alice Blue Account

Expand

Indiabulls Securities Vs Alice Blue Charges & AMC

Indiabulls Securities trading account opening charges is Free (NIL) while Alice Blue account opening changes is Rs 0. Indiabulls Securities Demat Account AMC Charges is Rs 300 and Alice Blue Demat Account AMC Charges is Rs 400.

 Indiabulls SecuritiesAlice Blue
Trading Account Opening ChargesFree (NIL)Rs 0
Trading Account AMC ChargesRs 0
Demat Account Opening ChargesFree (NIL)Rs 0
Demat Account AMC ChargesRs 300Rs 400

Expand

Indiabulls Securities Vs Alice Blue Brokerage

Indiabulls Securities brokerage charges for equity is Rs 11 per order or 2.5% whichever is lower and intraday is Rs 11 per order or 2.5% whichever is lower whereas Alice Blue brokerage charges for equity is Rs 20 per order or 2.5% whichever is lower and intraday is Rs 20 per order or 0.05% whichever is lower.

Account TypeIndiabulls Securities Flat Fee PlanAlice Blue Default
Fixed Charges
Equity DeliveryRs 11 per order or 2.5% whichever is lowerRs 20 per order or 2.5% whichever is lower
Equity IntradayRs 11 per order or 2.5% whichever is lowerRs 20 per order or 0.05% whichever is lower
Equity FuturesRs 11 per Executed orderRs 20 per order or 0.05% whichever is lower
Equity OptionsRs 11 per Executed orderRs 20 per order
Currency FuturesRs 11 per Executed orderRs 20 per order or 0.05% whichever is lower
Currency OptionsRs 11 per Executed orderRs 20 per order
Commodity FuturesRs 11 per Executed orderRs 20 per order or 0.05% whichever is lower
Commodity OptionsRs 11 per Executed orderRs 20 per order
Special Offer
Special Offer: Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities. Open an instant account (FREE) with Indiabulls Securities and start trading today.
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.

Indiabulls Securities Charges Vs Alice Blue

Minimum BrokerageRs 11Rs 0
Other Charges
Call & Trade ChargesRs 50Rs 50 per executed order
Open Indiabulls Securities AccountOpen Alice Blue Account

Expand

Indiabulls Securities Vs Alice Blue Leverage (Margin)

Indiabulls Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

 Indiabulls SecuritiesAlice Blue
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)
Open Indiabulls Securities AccountOpen Alice Blue Account

Expand

Compare Indiabulls Securities and Alice Blue Features

The trading platforms offered Indiabulls Securities include Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

 Indiabulls SecuritiesAlice Blue
3 in 1 AccountNoNo
Automated TradingYesYes
Margin Trading FundingYesNo
Margin Against Shares (Equity Cash)YesNo
Margin Against Shares (Equity F&O)YesNo
Trading PlatformIndiabulls Securities App, Power Indiabulls Web & Power IndiabullsFront End: ANT | Back End: Omnesys NEST
Intraday Square-off Time3:15 PMEquity: 3:15PM
Trading In SME Shares Allowed?YesNo
Referral ProgramYesYes
Other Features
Open Indiabulls Securities AccountOpen Alice Blue Account

Expand

Indiabulls Securities Vs Alice Blue Review

Indiabulls Securities is rated of 5 based on 50 customer reviews whereas Alice Blue is rated of 5 based on 40 customer reviews.

 Indiabulls SecuritiesAlice Blue
 50 Customer Reviews    Rate Indiabulls Securities40 Customer Reviews    Rate Alice Blue
FeesRated 3.4 starsRated 3.7 stars
BrokerageRated 3.1 starsRated 3.7 stars
Trading PlatformRated 3.7 starsRated 3.3 stars
Customer ServiceRated 3.0 starsRated 2.9 stars
Research CapabilitiesRated 2.4 starsRated 1.9 stars
Overall RatingRated 3.2 starsRated 3.1 stars
Broker RatingIndiabulls Securities is Rated 3.2 / 5 based on 50 customer reviewsAlice Blue is Rated 3.1 / 5 based on 40 customer reviews

Expand

Contact Broker / Request A Call Back

 Indiabulls SecuritiesAlice Blue
Contact Broker
Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities. Open an instant account (FREE) with Indiabulls Securities and start trading today.
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.

Expand

Indiabulls Securities Vs Alice Blue Investment Options

 Indiabulls SecuritiesAlice Blue
Stock / EquityYesYes
CommodityYesYes
IPOYesNo
Mutual FundsYesYes
Bond / NCDNoYes
DebtNoYes

Expand

Indiabulls Securities Vs Alice Blue Order Type Offered

 Indiabulls SecuritiesAlice Blue
Bracket OrderYesYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)YesYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)NoNo
Open Indiabulls Securities AccountOpen Alice Blue Account

Expand

Indiabulls Securities Vs Alice Blue Suitable For Investor Type

 Indiabulls SecuritiesAlice Blue
Casual InvestorYesNo
Active InvestorYesYes
TraderYesYes

Expand

Indiabulls Securities Vs Alice Blue - Pros and Cons

 Indiabulls SecuritiesAlice Blue
Pros
  • Trade across multiple segments including equities, F&O, commodities, currencies, IPOs, mutual funds, and more—all under one platform.
  • Fast and seamless onboarding experience through the Indiabulls app or official website, with minimal paperwork.
  • Access your trades via a powerful suite of tools—mobile app for convenience, web portal for flexibility, and PIB desktop terminal for professional-grade trading.
  • Free API Access and IB Algo for algo trading
  • NRI trading is available with Indiabulls Securities.
  • Advanced order features like bracket orders, cover orders, and basket orders to manage risk and automate execution.
  • Flat Rs 20 brokerage for intraday and F&O.
  • Advance online trading platform.
Cons
  • No 3-in-1 account opening services.
  • Limited Customer Support Hours
  • Online Mutual Fund investment is not available.
  • Margin funding is not available.
  • Good Till Cancelled (GTC) orders not available.
  • Call & Trade is available with additional cost of Rs 50 per order.
Reviews
Promo / Offers

Indiabulls Securities Special Offer

₹11 brokerage on trades across all segments

  • Free account opening for everyone
  • ₹11 per executed order across all segments
  • Trade in Equity Delivery, Intraday, F&O, Currency & Commodities
  • Access Indiabulls Securities PIB Desktop Trading Platform

Open your instant Indiabulls account online and start trading today.

Alice Blue Special Offer

Free Equity Delivery Trade

Trade 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 Indiabulls Securities AccountOpen Alice Blue Account


Compare Indiabulls SecuritiesCompare Alice Blue
Indiabulls Securities Vs 5paisaAlice Blue Vs 5paisa
Indiabulls Securities Vs Aditya Birla MoneyAlice Blue Vs Aditya Birla Money
Indiabulls Securities Vs Anand RathiAlice Blue Vs Anand Rathi
Indiabulls Securities Vs Angel OneAlice Blue Vs Angel One
Indiabulls Securities Vs AxisDirectAlice Blue Vs AxisDirect
Indiabulls Securities Vs Bajaj FinancialAlice Blue Vs Bajaj Financial
Indiabulls Securities Vs BlinkXAlice Blue Vs BlinkX
Indiabulls Securities Vs DhanAlice Blue Vs Dhan
Indiabulls Securities Vs FirstockAlice Blue Vs Firstock
Indiabulls Securities Vs FyersAlice Blue Vs Fyers
Indiabulls Securities Vs GeojitAlice Blue Vs Geojit
Indiabulls Securities Vs GrowwAlice Blue Vs Groww
Indiabulls Securities Vs HDFC SecuritiesAlice Blue Vs HDFC Securities
Indiabulls Securities Vs ICICIdirectAlice Blue Vs ICICIdirect
Indiabulls Securities Vs INDmoneyAlice Blue Vs INDmoney
Indiabulls Securities Vs Jainam BrokingAlice Blue Vs Jainam Broking
Indiabulls Securities Vs Kotak SecuritiesAlice Blue Vs Kotak Securities
Indiabulls Securities Vs m.StockAlice Blue Vs m.Stock
Indiabulls Securities Vs Mirae Asset SharekhanAlice Blue Vs Mirae Asset Sharekhan
Indiabulls Securities Vs Monarch NetworthAlice Blue Vs Monarch Networth
Indiabulls Securities Vs Motilal OswalAlice Blue Vs Motilal Oswal
Indiabulls Securities Vs Nuvama (Edelweiss)Alice Blue Vs Nuvama (Edelweiss)
Indiabulls Securities Vs Paytm MoneyAlice Blue Vs Paytm Money
Indiabulls Securities Vs ProstocksAlice Blue Vs Prostocks
Indiabulls Securities Vs SahiAlice Blue Vs Sahi
Indiabulls Securities Vs SAMCOAlice Blue Vs SAMCO
Indiabulls Securities Vs SAS OnlineAlice Blue Vs SAS Online
Indiabulls Securities Vs SBI SecuritiesAlice Blue Vs SBI Securities
Indiabulls Securities Vs Share.MarketAlice Blue Vs Share.Market
Indiabulls Securities Vs TradeSmartAlice Blue Vs TradeSmart
Indiabulls Securities Vs TradingoAlice Blue Vs Tradingo
Indiabulls Securities Vs UpstoxAlice Blue Vs Upstox
Indiabulls Securities Vs Yes SecuritiesAlice Blue Vs Yes Securities
Indiabulls Securities Vs ZerodhaAlice Blue Vs Zerodha