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Zerodha Vs Alice Blue Vs Fyers: Which one is better?

The brokerage of Zerodha ranges between Rs 20, the brokerage of Alice Blue ranges between Rs 15, while the brokerage of Fyers ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Zerodha is 4.5, Alice Blue is rated 4, Fyers is rated 4 out of 5.

Here we present side-by-side comparison of Zerodha vs Alice Blue vs Fyers stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Zerodha vs Alice Blue vs Fyers 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 Zerodha vs Alice Blue vs Fyers in this setion with 360 degree view of broker information.

Compare Zerodha vs Alice Blue vs Fyers on Service

  Zerodha Compare
Zerodha
Alice Blue Compare
Alice Blue
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE, MCX BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Broker Overview Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. 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. Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i... Know more about Fyers
Broker Enquiry Request call back from Zerodha Request call back from Fyers Request call back from Alice Blue
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Account Opening Charges and AMC

Compare Zerodha vs Alice Blue vs Fyers on Trading & Demat Account Opening Charges

In this section we have compared Zerodha vs Alice Blue vs Fyers on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Zerodha charges Rs 300 PA as AMC for Demat account, Alice Blue charges Rs 400 PA AMC for Demat account, where Fyers charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Zerodha vs Alice Blue vs Fyers
Charges Zerodha Alice Blue Fyers
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 300 PA Rs 400 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Zerodha vs Alice Blue vs Fyers on Plan Options

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

Compare Zerodha vs Alice Blue vs Fyers on Plan Options
Plan Types Zerodha Alice Blue Fyers
Multiple Plans No Yes No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Fyers Alice Blue
Account Opening Request
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Brokerage Charges

Compare Zerodha vs Alice Blue vs Fyerson Brokerage Charges

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare Zerodha vs Alice Blue vs Fyers
Brokerage Charges Compare Zerodha Alice Blue Fyers
Plan Name Max Rs 20 per order Trading Plan F15 Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Free Free Free
Equity Intraday 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower 0.03% or Rs 20 whichever is lower
Equity Futures 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower 0.03% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower 0.03% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 15 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 15 Flat Fee Rs 20
Minimum Brokerage NIL NA
Hidden Charges No No
Call & Trade Charges Rs 50 Per Executable Order Rs 50 per order + GST Rs 50 Per Order
Auto Square off Charges Rs 50 Per Executable Order Rs 50 per order + GST Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for Zerodha Brokerage Calculator for Alice Blue Brokerage Calculator for Fyers
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Share Broker's Transaction Charges

Compare Zerodha vs Alice Blue vs Fyers on Transaction Charges

Compare Zerodha vs Alice Blue vs Fyers on transaction charges and PCM fee by segment.

Transaction Charges - Compare Zerodha vs Alice Blue vs Fyers
Transaction Charges Compare Zerodha Alice Blue Fyers
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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for zerodha Complete Brokerage Plans for alice-blue Complete Brokerage Plans for fyers
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Account Features

Compare Zerodha vs Alice Blue vs Fyers on Account Features

Compare Zerodha vs Alice Blue vs Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - All 3 brokers dont have margin funing facility. NRI Trading - Zerodha and Alice Blue offers NRI Trading where Fyers doesn't offers NRI Trading.

Account Features - Zerodha vs Alice Blue vs Fyers
Account Features Compare Zerodha Alice Blue Fyers
3 in 1 Account No Zerodha have 2-in-1 account. Only Demate and Trading account. No Zerodha have 2-in-1 account. Only Demate and Trading account. No Fyers have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts No No No
Online Demo Yes No Yes
Online Portfolio Yes No No
Margin Trading Funding Available No No No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:20 PM 3:15 PM 3:15 PM
NRI Trading Yes Yes No
Other Features NIL NIL Fyers 30 Day Challenge
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Trading Platform

Compare Zerodha vs Alice Blue vs Fyerson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Zerodha vs Alice Blue vs Fyers. 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 Zerodha vs Alice Blue vs Fyers
Trading Platform Compare Zerodha Alice Blue Fyers
Web Trading Platform Yes Yes Yes
Web Trading Detail

Zerodha Kite Web

Fyers Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App Zerodha Kite App ANT Mobile Fyers 2.0 Mobile App
Mobile Trading App Demo Zerodha Kite App Demo ANT Mobile Demo Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Zerodha Kite App Download Andriod ANT Mobile Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Zerodha Kite App Download iOS ANT Mobile Download iOS Fyers 2.0 Mobile App 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 Zerodha Equity Intraday and Delivery Brokerage Calculator for Alice Blue Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Alice Blue Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Alice Blue Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for zerodha Detail on Trading Platforms for alice-blue Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare Zerodha vs Alice Blue vs Fyers on User Rating

  Zerodha Alice Blue Fyers
  160 Customer Reviews    Rate Zerodha 20 Customer Reviews    Rate Alice Blue 11 Customer Reviews    Rate Fyers
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Zerodha is Rated 3.9 / 5 based on 160 customer reviews Alice Blue is Rated 0.9 / 5 based on 20 customer reviews Fyers is Rated 3.2 / 5 based on 11 customer reviews
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Investment Offerings

Compare Zerodha vs Alice Blue vs Fyers on Investment Offerings

Compare Zerodha vs Alice Blue vs Fyers 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 - All 3 brokers 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 Zerodha vs Alice Blue vs Fyers
Investment Offerings Compare Zerodha Alice Blue Fyers
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes No Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes No No
ETF Yes Yes Yes
Banking No No No
Insurance No No 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 Zerodha vs Alice Blue vs Fyers on Customer Service

Compare Zerodha vs Alice Blue vs Fyers 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 Zerodha vs Alice Blue vs Fyers
Customer Service Compare Zerodha Alice Blue Fyers
24/7 Customer Service No No No
Email Support Yes No Yes
Onine Live Chat No Yes No
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches Yes Yes No
Customer Care Number "+ 91 80 4040 2020" 08035215000/080-45490850 08060001111
Account Opening Process Online/Paperless Online/Paperless 100% online and paperless proc
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://zerodha.com/varsity/ https://tradeschool.aliceblueonline.com/ https://fyers.in/school-of-stocks/
Head Office Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website https://zerodha.com/ https://www.aliceblueonline.com https://fyers.in/
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Tips/Research/Reports Published

Compare Zerodha vs Alice Blue vs Fyers on Research Reports, Tips

Compare Zerodha vs Alice Blue vs Fyers on research reports and tips provided by broker.

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

Compare Zerodha vs Alice Blue vs Fyers on Demat Account

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

Demat Charges - Compare Zerodha vs Alice Blue vs Fyers
  Zerodha Alice Blue Fyers
DP Source CDSL CDSL CDSL
DP ID 81600 85300 89400
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹400 pa Free
Advance Deposit Nil Rs 0 Nil
Statutory charges ₹50 Rs 150 Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction 0.04% of the value of the transaction ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹150 per certificate + ₹100 courier charges ₹10 per certificate + ₹50 courier charges ₹0
Remat ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹30 per certificate + CDSL charges ₹0
Pledge Creation ₹20 + ₹12 CSDL charges ₹20 + CDSL charges Nil
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure ₹20 + ₹12 CSDL charges ₹20 + CDSL charges Nil
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation ₹20 ₹20 + CDSL charges Nil
Failed Instruction Charges ₹50 per instraction Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Zerodha vs Alice Blue vs Fyers on Special Offers and Promotion

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

Compare Zerodha vs Alice Blue vs Fyers on Special Offers and Promotion
  Zerodha Alice Blue Fyers
Likes

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

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...

  • Trade on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

Detail Review...

Dislikes
  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

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...

  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

Special Offers/Promo Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquire for Zerodha Enquire for Alice Blue Enquire for Fyers

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