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... 
About Firstock
Incorporated in 2021, Firstock Broking Private Limited is a next-generation investment and trading platform revolutionising discount broking in India through technology-led innovation. Firstock is built on a vision to make financial services more accessible, efficient, and user-friendly.
With a strong focus on a customer-centric and tech-first approach, the platform simplifies the trading experien...
Incorporated in 2006, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 25 branches across India. Incorporated in 2021, Firstock is a Discount Broker. It offers trading at BSE, NSE. It has branches across India.
| Alice Blue | Firstock | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 2006 | 2021 |
| Number of Branches | 25 | |
| Open Alice Blue Account | Open Firstock Account |
Alice Blue trading account opening charges is Rs 0 while Firstock account opening changes is Rs 0 (Free). Alice Blue Demat Account AMC Charges is Rs 0 and Firstock Demat Account AMC Charges is Rs 0 (Free).
| Alice Blue | Firstock | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 0 | Rs 0 (Free) |
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 Firstock brokerage charges for equity is Rs 0 and Intraday is Rs 20 per executed order.
| Account Type | Alice Blue Flat Rs 20 | Firstock |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | Rs 20 per order or 2.5% whichever is lower | Rs 0 |
| Equity Intraday | Rs 20 per order or 0.05% whichever is lower | Rs 20 per executed order |
| Equity Futures | Rs 20 per order or 0.05% whichever is lower | Rs 20 per order, 0.03% or whichever is lower |
| Equity Options | Rs 20 per order | Rs 20 per order, 0.03% or whichever is lower |
| Currency Futures | Rs 20 per order or 0.05% whichever is lower | |
| Currency Options | Rs 20 per order | |
| Commodity Futures | Rs 20 per order or 0.05% whichever is lower | |
| Commodity Options | Rs 20 per order | |
| Special Offer | 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! | Special Offer: Free Equity Delivery| Flat ₹20 brokerage on Intraday & F&O| ₹0 Account Opening & AMC| Zero cost Direct Mutual Funds Investment. |
| Minimum Brokerage | Rs 20 | Rs 20 |
| Other Charges | ||
| Call & Trade Charges | Rs 50 per executed order | Rs 50 |
| Open Alice Blue Account | Open Firstock Account |
Alice Blue margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Firstock margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Alice Blue | Firstock | |
|---|---|---|
| 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 Alice Blue Account | Open Firstock Account |
The trading platforms offered Alice Blue include ANT, 1lyOption. Firstock offers Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web trading software.
| Alice Blue | Firstock | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | ANT, 1lyOption | Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web |
| Intraday Square-off Time | Equity: 3:15 PM | 3:25 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Smart Alice, Equity SIP | APIs for Algo Trading |
| Open Alice Blue Account | Open Firstock Account |
Alice Blue is rated of 5 based on 40 customer reviews whereas Firstock is rated of 5 based on 1 customer reviews.
| Alice Blue | Firstock | |
|---|---|---|
40 Customer Reviews  | 1 Customer Reviews | |
| Fees |  |  |
| Brokerage | | |
| Trading Platform |  | |
| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating |  | |
| Broker Rating | Alice Blue is Rated 3.1 / 5 based on 40 customer reviews | Firstock is Rated 3.0 / 5 based on 1 customer reviews |
| Alice Blue | Firstock | |
|---|---|---|
| Contact Broker | Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage Open FREE Alice Blue Account Today! | Free Equity Delivery| Flat ₹20 brokerage on Intraday & F&O| ₹0 Account Opening & AMC| Zero cost Direct Mutual Funds Investment. |
| Alice Blue | Firstock | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Alice Blue | Firstock | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Alice Blue Account | Open Firstock Account |
| Alice Blue | Firstock | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Alice Blue | Firstock | |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
| Reviews | ||
| Promo / Offers | Alice Blue Special OfferExperience transparent pricing with no hidden fees at Alice Blue
| Firstock Special OfferFirstock — Smart & Affordable Trading Solution
|
| Open Alice Blue Account | Open Firstock Account |
Expand all
Open Alice Blue Account