About Kotak Neo
Incorporated in 1994, Kotak Neo is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides d... 
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 1994, Kotak Neo is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 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.
| Kotak Neo | Alice Blue | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2006 |
| Number of Branches | 153 | 25 |
| Open Kotak Neo Account | Open Alice Blue Account |
Kotak Neo trading account opening charges is Rs 0 (Free) while Alice Blue account opening changes is Rs 0. Kotak Neo Demat Account AMC Charges is Rs 600 and Alice Blue Demat Account AMC Charges is Rs 0.
| Kotak Neo | Alice Blue | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 600 | Rs 0 |
Kotak Neo Brokerage Charges for equity is 0.20% (free for the first 30 days) and intraday is Rs 10 per order or 0.05%, 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 | Kotak Neo Trade Free Plan | Alice Blue Flat Rs 20 |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.20% (free for the first 30 days) | Rs 20 per order or 2.5% whichever is lower |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per order or 0.05% whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per order |
| Currency Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Currency Options | Rs 10 per order | Rs 20 per order |
| Commodity Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Commodity Options | Rs 10 per order | Rs 20 per order |
| Special Offer | Special Offer: Trade smarter with Kotak Neo low-cost plans. | 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! |
| Kotak Neo | Alice Blue | |
|---|---|---|
| Account Type | Trade Free Youth | Flat Rs 20 |
| Fixed Charges | ||
| Equity Delivery | Rs 0 | Rs 20 per order or 2.5% whichever is lower |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per order or 0.05% whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per order |
| Currency Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Currency Options | Rs 10 per order | Rs 20 per order |
| Commodity Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Commodity Options | Rs 10 per order | Rs 20 per order |
| Open Kotak Neo Account | Open Alice Blue Account |
| Kotak Neo | Alice Blue | |
|---|---|---|
| Account Type | Trade Free Pro | Flat Rs 20 |
| Fixed Charges | Rs 249 | |
| Equity Delivery | 0.10% (free for the first 30 days) | Rs 20 per order or 2.5% whichever is lower |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per order or 0.05% whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per order |
| Currency Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Currency Options | Rs 10 per order | Rs 20 per order |
| Commodity Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Commodity Options | Rs 10 per order | Rs 20 per order |
| Open Kotak Neo Account | Open Alice Blue Account |
| Minimum Brokerage | Rs 20 | |
| Other Charges | ||
| Call & Trade Charges | Rs 49 + GST per executed order | Rs 50 per executed order |
| Open Kotak Neo Account | Open Alice Blue Account |
Kotak Neo 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.
| Kotak Neo | 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 Kotak Neo Account | Open Alice Blue Account |
The trading platforms offered Kotak Neo include Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal. Alice Blue offers ANT, 1lyOption trading software.
| Kotak Neo | Alice Blue | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal | ANT, 1lyOption |
| Intraday Square-off Time | 3:20 P.M | Equity: 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | Smart Alice, Equity SIP |
| Open Kotak Neo Account | Open Alice Blue Account |
Kotak Neo is rated of 5 based on 202 customer reviews whereas Alice Blue is rated of 5 based on 40 customer reviews.
| Kotak Neo | Alice Blue | |
|---|---|---|
202 Customer Reviews  | 40 Customer Reviews | |
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| Broker Rating | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews | Alice Blue is Rated 3.1 / 5 based on 40 customer reviews |
| Kotak Neo | Alice Blue | |
|---|---|---|
| Contact Broker | Trade smarter with Kotak Neo low-cost plans. | Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage Open FREE Alice Blue Account Today! |
| Kotak Neo | Alice Blue | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Neo | 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 Kotak Neo Account | Open Alice Blue Account |
| Kotak Neo | Alice Blue | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Neo | Alice Blue | |
|---|---|---|
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| Reviews | ||
| Promo / Offers | Kotak Neo Special OfferKotak Neo Trade Free Plan Open a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now | Alice Blue Special OfferExperience transparent pricing with no hidden fees at Alice Blue
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| Open Kotak Neo Account | Open Alice Blue Account |
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