Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
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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%... 
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. INDmoney acts as a trading and clearing member of NSE, BSE and BSE Star MF and provides transparency and se...
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 Blue | INDmoney | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 0 | 2019 |
| Number of Branches | 0 | 1 |
| Open Alice Blue Account | Open INDmoney Account |
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 Blue | INDmoney | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 400 | Rs 0 |
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 Type | Alice Blue Default | INDmoney Standard Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | Rs 20 per order or 2.5% whichever is lower | 0.05% of order value or Rs 20, whichever is lower |
| Equity Intraday | Rs 20 per order or 0.05% whichever is lower | 0.05% of order value or Rs 20, whichever is lower |
| Equity Futures | Rs 20 per order or 0.05% whichever is lower | Rs 20 per executed order |
| Equity Options | Rs 20 per order | Rs 20 per executed order |
| 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: 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. |
| Minimum Brokerage | Rs 0 | Rs 2 |
| Other Charges | ||
| Call & Trade Charges | Rs 50 per executed order | Rs 500 |
| Open Alice Blue Account | Open INDmoney Account |
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 Blue | INDmoney | |
|---|---|---|
| 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 INDmoney Account |
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 Blue | INDmoney | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Front End: ANT | Back End: Omnesys NEST | INDmoney App, INDstocks App and INDmoney Web Platform |
| Intraday Square-off Time | Equity: 3:15PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Alice Blue Account | Open INDmoney Account |
Alice Blue is rated of 5 based on 40 customer reviews whereas INDmoney is rated of 5 based on 1 customer reviews.
| Alice Blue | INDmoney | |
|---|---|---|
40 Customer Reviews  | 1 Customer Reviews | |
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| Overall Rating |  | |
| Broker Rating | Alice Blue is Rated 3.1 / 5 based on 40 customer reviews | INDmoney is Rated 4.0 / 5 based on 1 customer reviews |
| Alice Blue | INDmoney | |
|---|---|---|
| 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 | INDmoney | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Alice Blue | INDmoney | |
|---|---|---|
| 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 INDmoney Account |
| Alice Blue | INDmoney | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Alice Blue | INDmoney | |
|---|---|---|
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| Promo / Offers | Alice Blue Special 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. | INDmoney Special OfferFree stock trading and mutual funds Account
Limited-time offer! Open your instant INDmoney account (FREE) online and start trading today. |
| Open Alice Blue Account | Open INDmoney Account |
Open Alice Blue Account