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)... 
About Alice Blue
Founded in 2006, Alice Blue is a Bengaluru-based discount broker that offers trading services across equity, derivatives, and commodities on BSE, NSE, and MCX. Alice Blue also provides depository (Demat) services through its membership with CDSL.
Alice Blue follows a simple pricing model with flat brokerage plans. For equity delivery, brokerage is charged at ₹20 per executed order or 2.5% (whichev...
Incorporated in 2003, Indiabulls Securities is a Discount Broker. It offers trading at BSE, NSE and MCX. It has branches across India. Incorporated in 2006, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 25 branches across India.
| Indiabulls Securities | Alice Blue | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE and MCX | BSE, NSE, MCX |
| Year of Incorporation | 2003 | 2006 |
| Number of Branches | 25 | |
| Open Indiabulls Securities Account | Open Alice Blue Account |
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 0.
| Indiabulls Securities | Alice Blue | |
|---|---|---|
| Trading Account Opening Charges | Free (NIL) | Rs 0 |
| Trading Account AMC Charges | Rs 0 | |
| Demat Account Opening Charges | Free (NIL) | Rs 0 |
| Demat Account AMC Charges | Rs 300 | Rs 0 |
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 Type | Indiabulls Securities Flat Fee Plan | Alice Blue Flat Rs 20 |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | Rs 11 per order or 2.5% whichever is lower | Rs 20 per order or 2.5% whichever is lower |
| Equity Intraday | Rs 11 per order or 2.5% whichever is lower | Rs 20 per order or 0.05% whichever is lower |
| Equity Futures | Rs 11 per Executed order | Rs 20 per order or 0.05% whichever is lower |
| Equity Options | Rs 11 per Executed order | Rs 20 per order |
| Currency Futures | Rs 11 per Executed order | Rs 20 per order or 0.05% whichever is lower |
| Currency Options | Rs 11 per Executed order | Rs 20 per order |
| Commodity Futures | Rs 11 per Executed order | Rs 20 per order or 0.05% whichever is lower |
| Commodity Options | Rs 11 per Executed order | Rs 20 per order |
| Special Offer | Special Offer: Low-cost brokerage Trading at ₹11/order across segments (Intraday, Delivery, and F&O)| No account opening charges| Multiple Products| Research & advisory services. Open an instant account (FREE) | Special Offer: Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage Open FREE Alice Blue Account Today! |
| Minimum Brokerage | Rs 11 | Rs 20 |
| Other Charges | ||
| Call & Trade Charges | Rs 50 | Rs 50 per executed order |
| Open Indiabulls Securities Account | Open Alice Blue Account |
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 trading is up to 20% of the trade value (4x leverage) based on the stock.
| Indiabulls Securities | Alice Blue | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up 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 Account | Open Alice Blue Account |
The trading platforms offered Indiabulls Securities include Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls. Alice Blue offers ANT, 1lyOption trading software.
| Indiabulls Securities | Alice Blue | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls | ANT, 1lyOption |
| Intraday Square-off Time | 3:15 PM | Equity: 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Smart Alice, Equity SIP | |
| Open Indiabulls Securities Account | Open Alice Blue Account |
Indiabulls Securities is rated of 5 based on 50 customer reviews whereas Alice Blue is rated of 5 based on 40 customer reviews.
| Indiabulls Securities | Alice Blue | |
|---|---|---|
50 Customer Reviews  | 40 Customer Reviews | |
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| Broker Rating | Indiabulls Securities is Rated 3.2 / 5 based on 50 customer reviews | Alice Blue is Rated 3.1 / 5 based on 40 customer reviews |
| Indiabulls Securities | Alice Blue | |
|---|---|---|
| Contact Broker | Low-cost brokerage Trading at ₹11/order across segments (Intraday, Delivery, and F&O)| No account opening charges| Multiple Products| Research & advisory services. Open an instant account (FREE) | Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage Open FREE Alice Blue Account Today! |
| Indiabulls Securities | Alice Blue | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Indiabulls Securities | Alice Blue | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Indiabulls Securities Account | Open Alice Blue Account |
| Indiabulls Securities | Alice Blue | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Indiabulls Securities | Alice Blue | |
|---|---|---|
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| Promo / Offers | Indiabulls Securities Special OfferTrade at flat, low brokerage with Indiabulls Securities
| Alice Blue Special OfferExperience transparent pricing with no hidden fees at Alice Blue
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| Open Indiabulls Securities Account | Open Alice Blue Account |
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