Alice Blue Vs INDmoney (Compare Alice Blue and INDmoney)

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% w... Know more about Alice Blue

About INDmoney

Founded in 2019, INDmoney Private Limited is India's "Super Finance App" that helps you manage, plan and grow your money and all in one place. With INDmoney, you can track your entire family's finances, set savings goals and invest in various options like Indian stocks, US stocks, mutual funds, ETFs, fixed deposits, IPOs and more. INDmoney is registered with SEBI as an investment advisor. INDmone... Know more about INDmoney

Alice Blue Vs INDmoney

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Incorporated in 0, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India. Incorporated in 2019, INDmoney is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

 Alice BlueINDmoney
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCXBSE, NSE
Year of Incorporation02019
Number of Branches01
Open Alice Blue AccountOpen INDmoney Account

Alice Blue Vs INDmoney Charges & AMC

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Alice Blue trading account opening charges is Rs 0 while INDmoney account opening changes is Rs 0. Alice Blue Demat Account AMC Charges is Rs 400 and INDmoney Demat Account AMC Charges is Rs 0.

 Alice BlueINDmoney
Trading Account Opening ChargesRs 0Rs 0
Trading Account AMC ChargesRs 0Rs 0
Demat Account Opening ChargesRs 0Rs 0
Demat Account AMC ChargesRs 400Rs 0

Alice Blue Vs INDmoney Brokerage

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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 whereas INDmoney brokerage charges for equity is 0.05% of order value or Rs 20, whichever is lower and intraday is 0.05% of order value or Rs 20, whichever is lower.

Account TypeAlice Blue Flat Rs 20INDmoney Standard Plan
Fixed Charges
Equity DeliveryRs 20 per order or 2.5% whichever is lower0.05% of order value or Rs 20, whichever is lower
Equity IntradayRs 20 per order or 0.05% whichever is lower0.05% of order value or Rs 20, whichever is lower
Equity FuturesRs 20 per order or 0.05% whichever is lowerRs 20 per executed order
Equity OptionsRs 20 per orderRs 20 per executed order
Currency FuturesRs 20 per order or 0.05% whichever is lower
Currency OptionsRs 20 per order
Commodity FuturesRs 20 per order or 0.05% whichever is lower
Commodity OptionsRs 20 per order
Special Offer
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.
Special Offer: Invest in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100.

Alice Blue Charges Vs INDmoney

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Minimum BrokerageRs 0Rs 2
Other Charges
Call & Trade ChargesRs 50 per executed orderRs 500
Open Alice Blue AccountOpen INDmoney Account

Alice Blue Vs INDmoney Leverage (Margin)

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

 Alice BlueINDmoney
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 Alice Blue AccountOpen INDmoney Account

Compare Alice Blue and INDmoney Features

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The trading platforms offered Alice Blue include Front End: ANT | Back End: Omnesys NEST. INDmoney offers INDmoney App, INDstocks App and INDmoney Web Platform trading software.

 Alice BlueINDmoney
3 in 1 AccountNoNo
Automated TradingYesNo
Margin Trading FundingNoNo
Margin Against Shares (Equity Cash)NoNo
Margin Against Shares (Equity F&O)NoNo
Trading PlatformFront End: ANT | Back End: Omnesys NESTINDmoney App, INDstocks App and INDmoney Web Platform
Intraday Square-off TimeEquity: 3:15PM
Trading In SME Shares Allowed?NoYes
Referral ProgramYesNo
Other Features
Open Alice Blue AccountOpen INDmoney Account

Alice Blue Vs INDmoney Review

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Alice Blue is rated of 5 based on 40 customer reviews whereas INDmoney is rated of 5 based on 1 customer reviews.

 Alice BlueINDmoney
 40 Customer Reviews    Rate Alice Blue1 Customer Reviews    Rate INDmoney
FeesRated 3.7 starsRated 5.0 stars
BrokerageRated 3.7 starsRated 2.0 stars
Trading PlatformRated 3.3 starsRated 4.0 stars
Customer ServiceRated 2.9 starsRated 4.0 stars
Research CapabilitiesRated 1.9 starsRated 2.0 stars
Overall RatingRated 3.1 starsRated 4.0 stars
Broker RatingAlice Blue is Rated 3.1 / 5 based on 40 customer reviewsINDmoney is Rated 4.0 / 5 based on 1 customer reviews

Contact Broker / Request A Call Back

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 Alice BlueINDmoney
Contact Broker
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.
Invest in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100.

Alice Blue Vs INDmoney Investment Options

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 Alice BlueINDmoney
Stock / EquityYesYes
CommodityYesNo
IPONoYes
Mutual FundsYesNo
Bond / NCDYesNo
DebtYesNo

Alice Blue Vs INDmoney Order Type Offered

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 Alice BlueINDmoney
Bracket OrderYesYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesNo
Sell Today Buy Tomorrow (STBT)YesNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)NoYes
Open Alice Blue AccountOpen INDmoney Account

Alice Blue Vs INDmoney Suitable For Investor Type

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 Alice BlueINDmoney
Casual InvestorNoNo
Active InvestorYesYes
TraderYesYes

Alice Blue Vs INDmoney - Pros and Cons

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 Alice BlueINDmoney
Pros
  • Flat Rs 20 brokerage for intraday and F&O.
  • Advance online trading platform.
  1. Zero-cost trading account opening.
  2. INDmoney AMC charges are Rs 0 (lifetime).
  3. Invest in Indian and US stocks from one app.
  4. Pledge & Unpledge: Rs 20 + GST per ISIN per request.
  5. INDmoney for US stocks: Direct Access (NSEIX) and Zero AMC and Withdrawal Charges.
  6. Mutual Fund: Invest in 1600+ Direct Plan Mutual Funds.
  7. Invest in NPS: Efficient Retirement Planning. Save up to Rs 62,400/- per year in taxes with NPS.
  8. Family Accounts: Manage All your Family Accounts.
Cons
  • 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.
  1. No Margin Trading Funding — Borrowed funds for leveraged trades are not available.
  2. No Currency or Commodity Trading — Limited to equity, mutual funds, and US stock segments.
  3. No 3-in-1 Account — Banking, demat, and trading are not linked together.
Reviews
Promo / Offers

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.

INDmoney Special Offer

Free stock trading and mutual funds Account

  • Lifetime FREE Demat account AMC
  • Brokerage free Mutual Fund investment
  • Invest in Indian and US stocks from one app
  • 4X instant wallet boost with MTF at just 0.04% interest per day
  • Flat ₹20 brokerage per trade across all F&O segments
  • Zero Fees on US stocks deposits and Withdrawals
  • Track all finances and know your net worth

Limited-time offer!

Open your instant INDmoney account (FREE) online and start trading today.

Open Alice Blue AccountOpen INDmoney Account
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