Let’s say you’re trying to learn the nooks and crannies of stock market trading or you’re maybe into a specific type of trading like futures & options or even Algo. The biggest question you’d have no matter where you’re in your trading journey is “What is the best trading platform?” If you’re looking for THE ONE, you might have heard of Alice Blue Trading Platform.
Well, like any of us, you’d want to know the features and benefits before choosing Alice Blue as your stock trading platform. Also, if you’re asking yourself questions like Is Alice Blue a good broker? Is Alice Blue safe for trading? Is Alice Blue SEBI registered? How much brokerage does Alice Blue charge? Consider it answered.
We’re going to help you understand Why Alice Blue and answer any questions you might have to help you go for Alice Blue with confidence.
Is Alice Blue Good For Trading? Answering All Your Questions About Alice Blue!
What is Alice Blue Trading Platform?
Alice Blue Trading Platform is a discount broker offering a safe and secure way for you to do stock market trading. They have been in the business since 2006 and they offer services across various segments like Equities, F&O, Commodity, Currency, IPO, and even Mutual Funds.
Based in Bangalore, Alice Blue has all the required memberships and certifications to be a genuine stock broker in India. With over 16 branches across India, they’ve built a solid reputation as a trusted name in the stockbroking industry.
So, Is Alice Blue safe for trading? Absolutely, yes! Alice Blue is a SEBI-registered broker and a member of major exchanges like NSE, BSE, and MCX, which makes Alice Blue one of the safe and trustworthy brokers.
Key Features of Alice Blue Trading Platform
For you to completely understand what Alice Blue offers, you need to understand what the flagship stock trading platform does, how it works, the charges involved, and mainly, the brokerage.
Flagship Alice Blue Trading Platform – ANT (Analysis and Trade)
Coming to the Flagship Alice Blue Trading platform called ANT is a simple, easy-to-use stock trading platform that includes customized, personal trading assistance to provide you with customized strategies, advanced charts with years of data, intelligent alerts, and more.
ANT has three main variants- ANT Web, ANT Mobi, and ANT API. But, which one should you pick?
ANT Web is a browser-based platform that offers fast, intuitive trading with real-time market data and advanced charting features. It’s the right one for traders who prefer to trade directly from their desktops without needing any installations. If you’re an active trader who needs quick, detailed insights and swift order execution, this is a great fit for you!
The mobile version of ANT, ANT Mobi offers the flexibility to trade anywhere, anytime. It provides seamless access to real-time market updates, watchlists, and trade execution on the go. This is ideal for you if you’re a mobile trader or if you require the freedom to trade from your smartphone.
ANT Plus is a premium platform designed for professional traders, if you’re someone who requires advanced features like algorithmic trading and automated strategies, this is your go-to trading platform. With faster order placement and customizable tools, ANT Plus caters to serious traders, including algo traders and those building custom trading solutions.
These three different variants provide you with their own unique set of features, what you pick totally depends on your need for mobility, speed, or advanced functionality.
Apart from the flagship software offered by Alice Blue Trading Platform, there are plenty of other tools offered for investments, mutual funds, IPO etc. You can check it out on Alice Blue Site’s Products and Tools section.
Alice Blue Charges & Brokerage - Detailed Breakdown
Here’s a breakdown of their key charges:
Is Alice Blue’s account free?
- Both trading and demat account openings are free (Rs 0).
- No AMC for the trading account, but a Rs 400 fee applies for the Demat account.
So, how much brokerage does Alice Blue charge?
- Equity Delivery & Intraday: Rs 20 per order or 2.5% (whichever is lower).
- Equity F&O, Currency F&O, and Commodity: Rs 20 per order or 0.05% (whichever is lower).
- Equity Options: Rs 20 per order.
Alice Blue also offers a brokerage calculator to help you understand your exact brokerage charge.
Other Charges
- STT: 0.5% on buy/sell in equity delivery, 0.025% on intraday sell.
- GST: 18% on brokerage + transaction charge.
- SEBI & Stamp Duty: Minimal charges apply depending on state and transaction.
Get 2x Free Margin with Alice Trading
How to Get Started with Alice Blue Trading Platform?
To get started with your stock market trading journey, you need to open a trading account. Luckily, Alice Blue has an option of opening a Demat account with them. You can visit here to create your Demat account today.
Once you create your Demat account, you can choose either the ANT web or ANT Mobi for Android or IOS, the best option that works for you.
If you’re looking to understand how to trade with Alice Blue, you can refer to this step-by-step video guide.
Additionally, irrespective of your need to have Alice Blue Trading Platform as your go-to partner, you need to have an in-depth understanding of market analysis, trends analysis, risk assessment in futures and options trading, algo trading, and forex trading. Experts like, Stock Market Mentor can help you get where you need to be in your stock trading journey.
What are the benefits of Alice Blue Trading Platform?
Alice Blue’s trading platform offers a lot of advantages for stock market traders. With no minimum brokerage and zero account opening charges, it makes starting easy and cost-effective. The paperless account opening process is quick, and daily market reports keep you informed.
It also offers margin trading to amplify your investment and provides bracket and cover orders for better risk management. Plus, enhanced security ensures safe trading with zero downtime.
You can invest in equity, F&O, currency, and commodities, all while benefiting from a trusted, reputable broker.
If you enroll with our Pro-Trader Course, you will get free D-Mat account opening with Alice Blue with 2x trade margin facility!
Conclusion
To wrap things up, the Alice Blue trading platform provides an affordable, versatile platform suited for a wide range of traders. From easy-to-use interfaces to advanced features, it caters to different trading needs.
But if you’re serious about mastering the market, why not level up your skills? Stock Market Mentor offers expert-led courses that can guide you through strategies, analysis, and much more to keep you always a step ahead.
