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Upstox Vs SBICAP Securities Vs Alice Blue: Which one is better?

The brokerage of Upstox ranges between Rs 20, the brokerage of SBICAP Securities ranges between .05 to 0.50%, while the brokerage of Alice Blue ranges between Rs 15. The broker Upstox and Alice Blue are discount brokers where SBICAP Securities is a full service broker. Overall rating for Upstox is 4.5, SBICAP Securities is rated 4, Alice Blue is rated 4 out of 5.

Here we present side-by-side comparison of Upstox vs SBICAP Securities vs Alice Blue stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Upstox vs SBICAP Securities vs Alice Blue on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Upstox vs SBICAP Securities vs Alice Blue in this setion with 360 degree view of broker information.

Compare Upstox vs SBICAP Securities vs Alice Blue on Service

  Upstox Compare
Upstox
SBICAP Securities Compare
SBICAP Securities
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Discount Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE BSE, NSE, MCX, NCDEX
Broker Overview Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ...Know more about SBICAP Securities Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders.
Broker Enquiry Request call back from Zerodha Request call back from Upstox Request call back from Alice Blue
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Account Opening Charges and AMC

Compare Upstox vs SBICAP Securities vs Alice Blue on Trading & Demat Account Opening Charges

In this section we have compared Upstox vs SBICAP Securities vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Upstox charges Promotion offer: Free for account opening, SBICAP Securities charges Rs 850 for account opeing, and Alice Blue charges Free for account opeing. Demat AMC charges - Upstox charges Free as AMC for Demat account, SBICAP Securities charges Rs 500 PA AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Upstox vs SBICAP Securities vs Alice Blue
Charges Upstox SBICAP Securities Alice Blue
Trading Account Opening Fees Promotion offer: Free Rs 850 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Free Rs 500 PA Rs 400 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Upstox vs SBICAP Securities vs Alice Blue on Plan Options

Plans are the most important feature you look when compare Upstox vs SBICAP Securities vs Alice Blue. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Alice Blue offers Multiple Plans where Upstox and SBICAP Securities doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Upstox vs SBICAP Securities vs Alice Blue on Plan Options
Plan Types Upstox SBICAP Securities Alice Blue
Multiple Plans No No Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Upstox Alice Blue
Account Opening Request
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Brokerage Charges

Compare Upstox vs SBICAP Securities vs Alice Blueon Brokerage Charges

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Brokerage Charges - Compare Upstox vs SBICAP Securities vs Alice Blue
Brokerage Charges Compare Upstox SBICAP Securities Alice Blue
Plan Name Max Rs 20 Per Order Trading Plan Standard or default brokerage plan F15 Plan
Equity Delivery 2.5% or Rs 20 whichever is lower 0.50% Free
Equity Intraday 0.05% or Rs 20 whichever is lower 0.05% 0.05% or Rs 15 whichever is lower
Equity Futures 0.05% or Rs 20 whichever is lower 0.05% 0.05% or Rs 15 whichever is lower
Equity Options Flat Fee Rs 20 Rs 100 Per Lot Flat Fee Rs 15
Currency Futures 0.05% or Rs 20 whichever is lower 0.03% 0.05% or Rs 15 whichever is lower
Currency Options Flat Fee Rs 20 Rs 30 Per Lot Flat Fee Rs 15
Commodity Trading Flat Fee Rs 20 Rs. 100 per lot Flat Fee Rs 15
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future NA
Hidden Charges Info Not Available Info Not Available
Call & Trade Charges Rs 50 + 18% GST Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. Rs 50 per order + GST
Auto Square off Charges Rs 50 + 18% GST First Free 30 per month, after Rs 10 per square-off Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for Upstox Brokerage Calculator for SBICAP Securities Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare Upstox vs SBICAP Securities vs Alice Blue on Transaction Charges

Compare Upstox vs SBICAP Securities vs Alice Blue on transaction charges and PCM fee by segment.

Transaction Charges - Compare Upstox vs SBICAP Securities vs Alice Blue
Transaction Charges Compare Upstox SBICAP Securities Alice Blue
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for upstox Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for alice-blue
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Account Features

Compare Upstox vs SBICAP Securities vs Alice Blue on Account Features

Compare Upstox vs SBICAP Securities vs Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox and SBICAP Securities offers 3-in-1 Account where Alice Blue offers only 2-in-1 account which includes trading and demat account. Margin Funding - Upstox offers margin funding where SBICAP Securities and Alice Blue doesn't offers margin funding. NRI Trading - SBICAP Securities and Alice Blue offers NRI Trading where Upstox doesn't offers NRI Trading.

Account Features - Upstox vs SBICAP Securities vs Alice Blue
Account Features Compare Upstox SBICAP Securities Alice Blue
3 in 1 Account Yes, Upstox have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, Upstox have 3-in-1 accounts. Bank Account, Demat and Trading account. No Alice Blue have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes No Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes No Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15 PM
NRI Trading No Yes Yes
Other Features NIL Trading software terminal: ODIN Diet NIL
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Trading Platform

Compare Upstox vs SBICAP Securities vs Alice Blueon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Upstox vs SBICAP Securities vs Alice Blue. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Upstox vs SBICAP Securities vs Alice Blue
Trading Platform Compare Upstox SBICAP Securities Alice Blue
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://pro.upstox.com/

https://login1.sbismart.com/nidp/app/login

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App Upstox SBISMART ANT Mobile
Mobile Trading App Demo Upstox Demo SBISMART Demo ANT Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Upstox Download Andriod SBISMART Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Upstox Download iOS SBISMART Download iOS ANT Mobile Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Upstox Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for Upstox Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for upstox Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare Upstox vs SBICAP Securities vs Alice Blue on User Rating

  Upstox SBICAP Securities Alice Blue
  12 Customer Reviews    Rate Upstox 78 Customer Reviews    Rate SBICAP Securities 20 Customer Reviews    Rate Alice Blue
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Upstox is Rated 3.7 / 5 based on 12 customer reviews SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews Alice Blue is Rated 0.9 / 5 based on 20 customer reviews
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Investment Offerings

Compare Upstox vs SBICAP Securities vs Alice Blue on Investment Offerings

Compare Upstox vs SBICAP Securities vs Alice Blue on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Upstox and Alice Blue offers Commodity Trading where SBICAP Securities doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare Upstox vs SBICAP Securities vs Alice Blue
Investment Offerings Compare Upstox SBICAP Securities Alice Blue
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes No Yes
Online IPO Application Yes Yes No
Mutual Funds Yes Yes Yes
Bond / NCD No Yes No
ETF Yes Yes Yes
Banking No Yes No
Insurance No Yes No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes No No
PMS Service No No No
Other Investment Options NIL NIL NIL
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Customer Service Offered

Compare Upstox vs SBICAP Securities vs Alice Blue on Customer Service

Compare Upstox vs SBICAP Securities vs Alice Blue on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Upstox vs SBICAP Securities vs Alice Blue
Customer Service Compare Upstox SBICAP Securities Alice Blue
24/7 Customer Service No No No
Email Support Yes Yes No
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number No Yes No
Through Branches Yes Yes Yes
Customer Care Number +91 22 6130 9999 022 6854 5555 08035215000/080-45490850
Account Opening Process Online/Paperless Offline Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://upstox.com/help-center/ https://www.sbismart.com/education https://tradeschool.aliceblueonline.com/
Head Office Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Website https://upstox.com/ https://www.sbismart.com https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare Upstox vs SBICAP Securities vs Alice Blue on Research Reports, Tips

Compare Upstox vs SBICAP Securities vs Alice Blue on research reports and tips provided by broker.

Research Reports - Compare Upstox vs SBICAP Securities vs Alice Blue
  Upstox SBICAP Securities Alice Blue
Research Mutual Funds No Yes No
Research Equity Reports No Yes No
Research ETF No Yes No
Daily Market Report No Yes Yes
Free Tips No Yes No
Quarterly Result Analysis No Yes No
News Alerts No Yes No
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Demat Account

Compare Upstox vs SBICAP Securities vs Alice Blue on Demat Account

Compare Upstox vs SBICAP Securities vs Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Upstox vs SBICAP Securities vs Alice Blue
  Upstox SBICAP Securities Alice Blue
DP Source CDSL CDSL CDSL
DP ID 81800 47200 85300
Demat Account Annual Maintenance Charges(AMC) ₹300 PA ₹500 ₹400 pa
Advance Deposit NIL 0 for all Rs 0
Statutory charges Nil Nil Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) ₹13 + ₹5.50 CDSL charges 0.01% of the transaction value (Min ₹21 and Max ₹300) 0.04% of the value of the transaction
Demat ₹20 + ₹50 courier charges ₹5 per certificate + ₹35 courier charges ₹10 per certificate + ₹50 courier charges
Remat ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) ₹35 per certificate + CDSL Charges ₹30 per certificate + CDSL charges
Pledge Creation 0.02% of the transaction value (Min ₹50) + CDSL charges 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20 + CDSL charges
Pledge Creation Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Closure 0.02% of the transaction value (Min ₹50) + CDSL charges 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20 + CDSL charges
Pledge Closure Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Invocation 0.05% of the transaction value (Min ₹50) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20 + CDSL charges
Failed Instruction Charges ₹50 ₹10 Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Upstox vs SBICAP Securities vs Alice Blue on Special Offers and Promotion

Compare Upstox vs SBICAP Securities vs Alice Blue on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Upstox vs SBICAP Securities vs Alice Blue on Special Offers and Promotion
  Upstox SBICAP Securities Alice Blue
Likes

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

Detail Review...

  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

Detail Review...

  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

Detail Review...

Dislikes

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

Detail Review...

  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

Special Offers/Promo Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
Enquire for Upstox Enquire for SBICAP Securities Enquire for Alice Blue

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