Alice Blue Vs Zerodha is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.
This comparison article also provides a video comparison between Alice Blue Vs Zerodha so that you get a 360-degree view about which broker to go ahead with.
Here is a point by point comparison of Alice Blue Vs Zerodha.
Alice Blue Vs Zerodha Comparison
Zerodha, a leading discount broker in India is one of the prominent names in the stock trading business today while Alice Blue is a broker that is trying a lot of new things recently and we look forward on how all that pans out for the broker.
Depending on the trader’s preference, both of these stockbrokers have a lot to offer to the trader. We have listed down some of the primary aspects that customers generally check before finalizing the broker.
Everything about discount brokers such as Zerodha or Alice Blue is internet-based, be it – customer service, trading, account opening etc. Full-service stockbrokers, on the other hand, will help you, spoon feed you, handhold you through the process, even if you need offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Alice Blue Vs Zerodha to help you find which of the two suits your needs better. The comparison is made on aspects such as:
Account Opening Charges
Exposure or Leverages
Alice Blue Vs Zerodha Compare
Generally, above-mentioned aspects are good enough to make a decision based on your preference but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
This is how both these stockbrokers stack up against each other:
*NSE Complaints Percentage: Lower is this number, Better is the broker.
From the above table, it is pretty clear that between Alice Blue Vs Zerodha, Zerodha is better in the following areas mentioned below:
Range of Investment Products
At the same time, in this Alice Blue Vs Zerodha comparison, Alice Blue comes out better in:
Account opening charges
Thus, depending on what matters to you more, you can decide the specific broker for yourself accordingly.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.