ResourceStock Brokers
Fyers Vs Alice Blue: Which one is better?
Last updated August 26, 2026
This IPO News reference page covers “Fyers Vs Alice Blue: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare fyers vs alice blue on service, account opening charges and amc, compare fyers vs alice blue on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare Fyers vs Alice Blue on Service
- Account Opening Charges and AMC
- Compare Fyers vs Alice Blue on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Fyers vs Alice Blue on Plan Options
- Account Opening
- Brokerage Charges
- Compare Fyers vs Alice Blue on Transaction Charges
- Share Broker's Transaction Charges
- Account Features
- Compare Fyers vs Alice Blue on Account Features
- Trading Platform
- Compare Fyers vs Alice Blue on Trading Platform
- Broker Ratings by Users
- Compare Fyers vs Alice Blue on User Rating
- Investment Offerings
- Compare Fyers vs Alice Blue on Investment Offerings
- Margin Trading Facility
- Compare Fyers vs Alice Blue on MTF
- API
- Compare Fyers vs Alice Blue on API Details
- Customer Service Offered
- Compare Fyers vs Alice Blue on Customer Service
- Tips/Research/Reports Published
- Compare Fyers vs Alice Blue on Research Reports, Tips
- Demat Account
- Compare Fyers vs Alice Blue on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Fyers vs Alice Blue on Special Offers and Promotion
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities.
- Brokerage: Fyers Max Rs 20 per trade vs Alice Blue Max Rs 20 per trade.
- Rating: both equal, 4 out of 5.
- Here we present side-by-side comparison of Fyers vs Alice Blue share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
- Fyers Brokerage Plan detail – Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
- Trade on BSE, NSE, and MCX
- Rs 20 fixed brokerage on all segments
- Cheapest Rs 50/order brokerage on NRI trading
- Trade on NSE, BSE, and MCX
- Rs 20/order maximum brokerage fee
- No 3-in-1 account offering
- 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency
- 💹 Flat ₹20 Brokerage Charges per Order
- Last Updated on Fri, May 8, 2026
Data Tables
| Segment |
Fyers |
Alice Blue |
| Trading Account Opening Fees |
Free |
Free |
| Trading AMC |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
| Demat AMC |
Free |
Free |
| Provide DP Service |
Yes |
Yes |
| Plan Types |
Fyers |
Alice Blue |
| Multiple Plans |
Yes |
No |
| Monthly Plans |
No |
No |
| Yearly Plans |
No |
No |
|
Fyers |
Alice Blue |
| Account Opening Request |
Open Fyers Account |
|
| Brokerage Charges Compare |
Fyers |
Alice Blue |
| Plan Name |
Max Rs 20 Per Order Trading Plan |
Rs 20 Flat brokerage plan |
| Equity Delivery |
0.30% or Rs 20 |
2.5% or Rs 20 |
| Equity Intraday |
0.03% or Rs 20 |
0.05% or Rs 20 |
| Equity Futures |
0.03% or Rs 20 |
0.05% or Rs 20 |
| Equity Options |
Flat Fee Rs 20 |
Flat Fee Rs 20 |
| Currency Futures |
0.03% or Rs 20 |
0.05% or Rs 20 |
| Currency Options |
Flat Fee Rs 20 |
Flat Fee Rs 20 |
| Commodity Trading |
Flat Fee Rs 20 |
Flat Fee Rs 20 |
| Minimum Brokerage |
|
NA |
| Hidden Charges |
No |
No |
| Call & Trade Charges |
Rs 50 Per Order |
Rs 50 per order + GST |
| Auto Square off Charges |
Rs 50 Per Order |
Rs 50 per order + GST |
| Brokerage Calculator |
Brokerage Calculator for Fyers |
Brokerage Calculator for Alice Blue |
| Transaction Charges Compare |
Fyers |
Alice Blue |
| Equity Delivery |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Intraday |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Futures |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
| Equity Options |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
| Currency Options |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for fyers |
Complete Brokerage Plans for alice-blue |
| Account Features Compare |
Fyers |
Alice Blue |
| 3 in 1 Account |
No |
No |
| Charting |
Yes |
Yes |
| Algo Trading |
Yes |
Yes |
| SMS Alerts |
No |
No |
| Online Demo |
Yes |
No |
| Online Portfolio |
No |
Yes |
| Margin Trading Funding Available |
No |
No |
| Combined Ledger for Equity and Commodity |
Yes |
Yes |
| Intraday Square-off Time |
3:15 PM |
3:15 PM |
| NRI Trading |
Yes |
Yes |
| Other Features |
Fyers 30 Day Challenge |
NIL |
| Trading Platform Compare |
Fyers |
Alice Blue |
| Web Trading Platform |
Yes |
Yes |
| Web Trading Detail |
Fyers Web |
ANT Web |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
| Mobile Trading App |
Fyers Mobile App |
ANT Mobi |
| Mobile Trading App Demo |
Fyers Mobile App |
ANT Mobi |
| Android Mobile App |
Yes |
Yes |
| Android App Download |
Android Fyers Mobile App Download |
Android ANT Mobi Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
| iOS App Download |
iOS Fyers Mobile App Download |
iOS ANT Mobi Download |
| Android Tablet App |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
| Trading Software Charges |
Free |
Free |
| Equity Brokerage Calculator |
Equity Intraday and Delivery Brokerage Calculator for Fyers |
Equity Intraday and Delivery Brokerage Calculator for Alice Blue |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for Fyers |
Futures Brokerage Calculator for Alice Blue |
| Options Brokerage Calculator |
Option Brokerage Calculator for Fyers |
Option Brokerage Calculator for Alice Blue |
| Detail |
Detail on Trading Platforms for Fyers |
Detail on Trading Platforms for Alice Blue |
|
Fyers |
Alice Blue |
|
11 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
3.5 |
1.1 |
| Trading Brokerage Rating |
3.6 |
1.4 |
| Trading Platform Usability |
3.5 |
0.9 |
| Customer Service Ratings |
3.5 |
1.1 |
| Overall Rating |
3.2 |
0.8 |
| Broker Rating |
Fyers is Rated 3.2 / 5 based on 11 customer reviews |
Alice Blue is Rated 0.8 / 5 based on 20 customer reviews |
| Investment Offerings Compare |
Fyers |
Alice Blue |
| Equity Cash and F&O |
Yes |
Yes |
| Currency Derivatives |
Yes |
Yes |
| Commodity |
Yes |
Yes |
| Online IPO Application |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
| Bonds / NCD |
No |
Yes |
| ETF |
Yes |
Yes |
| Banking |
No |
No |
| Insurance |
No |
No |
| Forex |
No |
No |
| MF SIP Investment |
Yes |
Yes |
| Equity SIP Investment |
No |
Yes |
| PMS Service |
No |
No |
| Other Investment Options |
NIL |
NIL |
| MTF Compare |
Fyers |
Alice Blue |
| MTF Leverage |
Up to 4x leverage on 1600+ stocks |
– |
| MTF Interest Rate |
12.49% – 16.49% per annum (Slab-based MTF Interest rates) |
– |
| MTF Segment |
Equity Delivery |
– |
| MTF Pledge Charges |
₹12 per stock |
– |
| MTF Unpledged Charges |
₹12 per stock |
– |
| Maximum MTF Funding |
Upto ₹50 Lakh per account |
– |
| API Compare |
Fyers |
Alice Blue |
| API Type |
Fyers API is a set of online tools by Fyers that lets you connect your own software to your trading account to place orders and access market data automatically. |
Order Management API Portfolio API Historical Data API Live Market Data API (Websocket) Funds and Margin API |
| API Charges |
Free |
Free |
| Customer Service Compare |
Fyers |
Alice Blue |
| 24/7 Customer Service |
No |
No |
| Email Support |
Yes |
No |
| Online Live Chat |
No |
Yes |
| Phone Support |
Yes |
Yes |
| Toll Free Number |
No |
No |
| Through Branches |
No |
Yes |
| Customer Care Number |
08060001111 |
08035215000/080-45490850 |
| Account Opening Process |
100% online and paperless proc |
Online/Paperless |
| Customer Support Email |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://fyers.in/school-of-stocks/ |
https://tradeschool.aliceblueonline.com/ |
| Head Office Address |
Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar,Bangalore – 560009 |
Alice Blue,No. 153/2, 3rd Floor,M.R.B.Arcade, Bagalur Main Road,Dwaraka Nagar,Yelahanka,Bangalore – 560063 |
| Website |
https://fyers.in/ |
https://www.aliceblueonline.com |
|
Fyers |
Alice Blue |
| Research Mutual Funds |
No |
No |
| Research Equity Reports |
No |
No |
| Research ETF |
No |
No |
| Daily Market Report |
No |
Yes |
| Free Tips |
No |
No |
| Quarterly Result Analysis |
No |
No |
| News Alerts |
Yes |
No |
|
Fyers |
Alice Blue |
| DP Source |
CDSL |
CDSL |
| DP ID |
89400 |
85300 |
| Demat Account Annual Maintenance Charges(AMC) |
Free |
₹400 pa |
| Advance Deposit |
Nil |
Rs 0 |
| Statutory charges |
Nil |
Rs 150 Stamp Charges |
| Transaction Charges on Debit (Per ISIN) |
₹7 + ₹5.50 (CDSL Charges) per transaction |
0.04% of the value of the transaction |
| Demat |
₹0 |
₹10 per certificate + ₹50 courier charges |
| Remat |
₹0 |
₹30 per certificate + CDSL charges |
| Pledge Creation |
Nil |
₹20 + CDSL charges |
| Pledge Creation Confirmation |
Nil |
Nil |
| Pledge Closure |
Nil |
₹20 + CDSL charges |
| Pledge Closure Confirmation |
Nil |
Nil |
| Pledge Invocation |
Nil |
₹20 + CDSL charges |
| Failed Instruction Charges |
Nil |
Nil |
| Other Charges |
Stamp Charges ₹50, |
Nil |
|
Fyers |
Alice Blue |
| Likes |
Trade on BSE, NSE, and MCX Free IPO 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 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… |
Trade on NSE, BSE, and MCX No brokerage on IPO and mutual funds Zero account opening charges Zero account maintenance fee. Rs 20/order maximum brokerage fee 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, GTT order, and basket order. Margin Trading facility (MTF) Detail Review… |
| Dislikes |
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… |
No NRI Trading No zero brokerage unlimited trading plan Sometimes, its platform experienced technical glitches. Detail Review… |
| Special Offers/Promo |
🔷 Current Promotion Offer from Fyers for InvestorGain Visitors: 🆓 Lifetime “ZERO” Demat AMC Account 🌱 Free Direct Mutual Funds & IPO Investment 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency 🚀 Open Instant Fyers Account Now! |
🔷 Current Promotion Offer from Alice Blue for InvestorGain Visitors: 🆓 Free Account Opening 📭 Lifetime Zero Demat AMC Account 💹 Flat ₹20 Brokerage Charges per Order 🚀 Open Instant Alice Blue Account Now! |
| Enquiry |
Open Fyers Account Now |
|
Source record: View original public source ↗
