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Broker Comparison

Angel One vs Alice Blue

Compare brokerage charges, account fees, trading platforms, products, MTF, advantages and limitations before choosing a broker.

Data verified: 2026-07-31

AN

Angel One

Discount / Full-Service Hybrid
Account opening₹0
AMC₹60 + GST per quarter (Free for First Year)
Intraday₹20 or 0.1% per executed order, whichever is lower; minimum ₹5
AL

Alice Blue

Discount Broker
Account openingPlan/offer-dependent; verify official onboarding page
AMCPlan/account-dependent; verify official tariff
IntradayPlan-dependent; verify official tariff

Angel One vs Alice Blue: Quick comparison

Key charges and account features side by side.

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FeatureAngel OneAlice Blue
Broker typeDiscount / Full-Service HybridDiscount Broker
Account opening₹0Plan/offer-dependent; verify official onboarding page
Annual maintenance₹60 + GST per quarter (Free for First Year)Plan/account-dependent; verify official tariff
Equity deliveryFlat Rs 20 or 0.1% (whichever is lower)Plan-dependent; verify official tariff
Equity intraday₹20 or 0.1% per executed order, whichever is lower; minimum ₹5Plan-dependent; verify official tariff
Futures₹20 per executed orderPlan-dependent; verify official tariff
Options₹20 per executed orderPlan-dependent; verify official tariff
CommodityAvailable only where enabled by the broker; verify current segment availability and tariff.Available only where enabled by the broker; verify current segment availability and tariff.
Currency₹20 per executed orderAvailable only where enabled by the broker; verify current segment availability and tariff.
DP charges₹20 + 18%GSTCharged on eligible Demat debit transactions; verify the current per-ISIN tariff on the official pricing page.
Auto Square OffSame as brokerage charges. No additional penaltyAvailability, eligible securities and interest rate are broker/plan-dependent; verify the official MTF terms.
Call & trade₹20 / OrderMay attract an additional assisted-order charge; verify the current tariff.
Customer supportOfficial app/web help centre, ticket, email and/or phone support.Official app/web help centre, ticket, email and/or phone support; channels vary by broker.
Active Users66.33 lakh active clients on the NSE as of June 2026Check official tariff

About Angel One

Angel One is one of India’s leading retail stockbrokers, offering online trading and investment services. The company provides access to equities, commodities, currencies, futures and options, IPOs, mutual funds and other financial products through its digital platforms.

Angel One offers a unified trading app with advanced charts, portfolio tracking, research tools and multiple order options. Its wide network and digital account-opening process make the platform suitable for both new investors and active traders.

Under the Angel iTrade PRIME plan, equity delivery trades are brokerage-free, while intraday, futures, options, currency and commodity trades are charged at a flat rate of up to ₹20 per executed order. Angel One combines full-service features with competitive discount brokerage charges.

About Alice Blue

Alice Blue is an Indian investment and trading platform included in TheShareBrokers broker database. It provides access to listed-market products through its official mobile and/or web platforms. Charges and product availability can vary by segment, account type and selected plan, so users should verify the linked official tariff before making a decision.

Trading Platforms & Tools

  • Angel One offers multiple trading platforms and tools, including the Angel One mobile app, web trading platform and SmartAPI. These platforms provide advanced charts, technical indicators, watchlists, price alerts, basket orders, GTT orders, portfolio tracking and research insights to support both investors and active traders.

Products Offered

  • Angel One offers a wide range of trading and investment products, including equity delivery, intraday trading, futures and options, commodities, currencies, mutual funds, IPOs, ETFs, bonds and other fixed-income products. It also provides margin trading facilities, SmartAPI and algorithmic trading services for active traders and developers.

Alice Blue platforms

  • ANT app, ANT Web and APIs

Alice Blue products

  • Equity, F&O, commodity, currency, IPO, mutual funds and APIs

Angel One pros and cons

Pros
  • Flat brokerage of up to ₹20 per order
  • Easy-to-use platforms with research support
  • Margin trading and RM assistance available
Cons
  • Margin funding may result in interest charges
  • No 3-in-1 account facility

Alice Blue pros and cons

Pros
  • Established broker/platform access; integrated ANT app, ANT Web and APIs; broad access to Equity, F&O, commodity, currency, IPO, mutual funds and APIs.
Cons
  • Charges may vary by plan or promotional period; some segments require separate activation; users should verify the latest tariff and platform availability.

Which broker should you choose?

Choose based on the segment you trade, total account cost, platform requirements, research needs and support preference. Verify the latest tariff and product availability on the brokers’ official websites before opening an account.

Read complete broker reviews

Frequently asked questions

Is Angel One safe for trading and investing?

Angel One is a SEBI-registered stockbroker and provides Demat and trading services in India. However, investments remain subject to market risks.

Is Angel One suitable for beginners?

Yes, Angel One offers a user-friendly app, educational resources, research tools and a digital account-opening process suitable for new investors.

What are Angel One’s brokerage charges?

Angel One charges the lower of ₹20 or 0.1% per executed order for equity delivery and intraday trades, subject to a minimum brokerage of ₹5. F&O trades generally cost ₹20 per executed order.

Is Angel One Demat account opening free?

Yes, Angel One currently offers online Demat and trading account opening at ₹0.

Does Angel One charge annual maintenance fees?

Angel One offers zero account maintenance charges for the first year. AMC may apply quarterly from the second year onward.

Can I invest in mutual funds through Angel One?

Yes, users can invest in mutual funds, equities, IPOs, ETFs and other investment products through the Angel One platform.

Does Angel One provide a GTT order facility?

Yes, Angel One allows users to place GTT orders through its trading platform.

Does Angel One offer margin trading?

Yes, Angel One provides a Margin Trading Facility that allows eligible users to purchase shares by paying a portion of the total trade value. Interest and other charges may apply.

Does Angel One support API and algo trading?

Yes, Angel One provides SmartAPI for automated trading, order execution, live market data and portfolio monitoring.

Can I close my Angel One account online?

Yes, users can submit an online account-closure request. Angel One states that account closure may take up to three working days after all requirements are completed.

Is Alice Blue a SEBI-registered stock broker?

Alice Blue operates through a regulated broking entity. Check the current SEBI registration and exchange membership shown on the broker’s official regulatory or disclosure page before opening an account.

What are the brokerage charges at Alice Blue?

Alice Blue brokerage can vary by segment, plan and promotional period. Use the official tariff or pricing page linked in this record and confirm the selected plan during account opening.

Does Alice Blue charge Demat AMC?

Demat maintenance charges may depend on the account type, BSDA eligibility, plan or introductory offer. Confirm the current AMC from the official tariff before applying.

Which products are available on Alice Blue?

The products field on this page lists the major investment and trading segments available through Alice Blue. Availability and activation requirements may vary by user and segment.

Who should consider Alice Blue?

Alice Blue may suit users whose required products, platform features, support model and total charges match their needs. Compare the verified tariff and platform features with at least one alternative broker.