IDBI Capital vs Alice Blue – Compare Charges, Trading Features, Offers & more

Find a Comparison of IDBI Capital vs Alice Blue here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of IDBI Capital and Alice Blue.

Background

Year of Incorporation 1993 2006
Website https://trade.idbicapital.com/ https://aliceblueonline.com/
Phone 022-39135001 07314921313
Exchanges enabled NSE & BSE NSE, BSE, MCX, MCX-SX
Demat (NSDL/CDSL) NSDL NSDL & CDSL
Brokerage

Equity 0.08% for Intraday, 0.5% for Delivery 0.05% or Rs 20 (whichever is low) per executed order
Equity Futures 0.08% per executed order 0.05% or Rs 20 (whichever is low) per executed order
Equity Options Rs 100 per lot Rs 20 per executed order
Currency Futures Not Available 0.05% or Rs 20 (whichever is low) per executed order
Currency Options Not Available Rs 20 per executed order
Commodity Not Available Rs 20 per executed order
Account Opening Costs

Trading only Rs 500 Free
Trading & Demat Rs 500 Free
Commodity Not Available Free
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.00325% on Turnover
Futures 0.0019% of Turnover 0.0021% on Turnover
Options 0.051% of Premium Turnover Rs 20 per lot
Commodities Not Available 0.0031% on turnover
AMC charge Rs 450 Free
DP Transaction Charge Rs 10/debit transaction Rs 14 per debit instruction
Offline order placing Charge NIL Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 years, Extra rental fees for trading software 365 days
End of Day 5 years, Extra rental fees for trading software 10 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10x Intraday Upto 5x intraday, 0 for Delivery
Equity Futures No Leverage Upto 7x intraday leverage
Equity Options No Leverage Upto 5x intraday
Currency Futures Not Available 2x intraday leverage
Currency Options Not Available Buying no leverage, Shorting upto 2x intraday
Commodity Not Available 2x intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 26.8 Crores Rs 4.51 Lakh
Profit after Tax FY12/13 Rs 24.2 Crores Rs 6.16 Lakh
Profit after Tax FY13/14 Rs 17.4 Crores Rs 6.86 Lakh
Profit after Tax FY 14/15 Rs 28.01 Crores Rs 7.19 Lakh
Profit after Tax FY 15/16 Rs 21.65 Crores Rs 8.05 Lakh
Profit after Tax FY 16/17 Rs 36.67 Crores Rs 9.53 Lakh
Profit after Tax FY 17/18 Rs 31.76 Crores Rs 11.44 Lakh
Profit after Tax FY 18/19 Rs 31.68 Crores Rs 11.56 Lakh
Profit after Tax FY 19/20 Rs 26.53 Crores Rs 11.20 Lakh
Profit after Tax FY 20/21 Rs 27.34 Crores Rs 14.22 Lakh
Profit after Tax FY 21/22 Rs 36.28 Crores Rs 13.18 Lakh
Profit after Tax FY 22/23 Rs 27.52 Crores Rs 16.18 Lakh
Debt FY11/12 Rs 14.46 Crores Rs 15.61 Lakh
Debt FY12/13 Rs 16.99 Crores Rs 16.84 Lakh
Debt FY13/14 Rs 10.30 Crores Rs 19.98 Lakh
Debt FY14/15 Rs 11.48 Crores Rs 20.17 Lakh
Debt FY15/16 Rs 14.52 Crores Rs 20.96 Lakh
Debt FY16/17 Rs 19.01 Crores Rs 22.37 Lakh
Debt FY17/18 Rs 20.26 Crores Rs 21.85 Lakh
Debt FY18/19 Rs 17.83 Crores Rs 22.76 Lakh
Debt FY19/20 Rs 23.93 Crores Rs 24.74 Lakh
Debt FY20/21 Rs 18.71 Crores Rs 26.71 Lakh
Debt FY21/22 Rs 24.32 Crores Rs 27.14 Lakh
Debt FY22/23 Rs 19.41 Crores Rs 26.36 Lakh
Profit to Equity(%) FY11/12 9.93 27.55
Profit to Equity(%) FY12/13 10.47 30.71
Profit to Equity(%) FY13/14 9.16 30.80
Profit to Equity(%) FY14/15 10.87 32.38
Profit to Equity(%) FY15/16 12.27 33.21
Profit to Equity(%) FY16/17 10.68 32.65
Profit to Equity(%) FY17/18 12.94 33.72
Profit to Equity(%) FY18/19 15.11 36.58
Profit to Equity(%) FY19/20 17.20 35.05
Profit to Equity(%) FY20/21 14.37 37.28
Profit to Equity(%) FY21/22 17.61 39.56
Profit to Equity(%) FY22/23 20.92 38.64
Balance Sheet Size FY11/12 Rs 322 Crores Rs 9.94 Crores
Balance Sheet Size FY12/13 Rs 356 Crores Rs 10.29 Crores
Balance Sheet Size FY13/14 Rs 343 Crores Rs 8.27 Crores
Balance Sheet Size FY14/15 Rs 429.89 Crores Rs 9.81 Crores
Balance Sheet Size FY15/16 Rs 527.83 Crores Rs 10.88 Crores
Balance Sheet Size FY16/17 Rs 572.00 Crores Rs 15.35 Crores
Balance Sheet Size FY17/18 Rs 626.89 Crores Rs 12.24 Crores
Balance Sheet Size FY18/19 Rs 617.23 Crores Rs 16.56 Crores
Balance Sheet Size FY19/20 Rs 576.57 Crores Rs 14.46 Crores
Balance Sheet Size FY20/21 Rs 453.96 Crores Rs 19.43 Crores
Balance Sheet Size FY21/22 Rs 683.25 Crores Rs 16.73 Crores
Balance Sheet Size FY22/23 Rs 421.93 Crores Rs 19.18 Crores

Comparison Link:

Compare IDBI Capital Compare Alice Blue
IDBI Capital Vs Punch Trade Alice Blue Vs Punch Trade
IDBI Capital Vs BlinkX Alice Blue Vs BlinkX
IDBI Capital Vs Lemonn Alice Blue Vs Lemonn
IDBI Capital Vs Mandot Securities Alice Blue Vs Mandot Securities
IDBI Capital Vs HDFC Sky Alice Blue Vs HDFC Sky
IDBI Capital Vs Dhan Alice Blue Vs Dhan
IDBI Capital Vs Goodwill Wealth Alice Blue Vs Goodwill Wealth
IDBI Capital Vs Shoonya by Finvasia Alice Blue Vs Shoonya by Finvasia
IDBI Capital Vs NJ Wealth Alice Blue Vs NJ Wealth
IDBI Capital Vs Paytm Money Alice Blue Vs Paytm Money
IDBI Capital Vs Globe Capital Alice Blue Vs Globe Capital
IDBI Capital Vs Finvasia Alice Blue Vs Finvasia
IDBI Capital Vs Cholamandalam Securities Alice Blue Vs Cholamandalam Securities
IDBI Capital Vs Canara Bank Alice Blue Vs Canara Bank
IDBI Capital Vs Axis Direct Alice Blue Vs Axis Direct
IDBI Capital Vs 5Paisa Alice Blue Vs 5Paisa
IDBI Capital Vs M.stock Alice Blue Vs M.stock
IDBI Capital Vs WisdomCapital Alice Blue Vs WisdomCapital
IDBI Capital Vs Way2wealth Alice Blue Vs Way2wealth
IDBI Capital Vs Ventura Securities Alice Blue Vs Ventura Securities
IDBI Capital Vs Navia Markets Ltd Alice Blue Vs Navia Markets Ltd
IDBI Capital Vs Tradejini Alice Blue Vs Tradejini
IDBI Capital Vs Tata Securities Alice Blue Vs Tata Securities
IDBI Capital Vs Swastika Investmart Alice Blue Vs Swastika Investmart
IDBI Capital Vs SMC Global Alice Blue Vs SMC Global
IDBI Capital Vs SBICAP Securities Alice Blue Vs SBICAP Securities
IDBI Capital Vs SASOnline Alice Blue Vs SASOnline
IDBI Capital Vs Samco securities Alice Blue Vs Samco securities
IDBI Capital Vs RK Global Alice Blue Vs RK Global
IDBI Capital Vs Reliance Securities Alice Blue Vs Reliance Securities
IDBI Capital Vs Nirmal Bang Alice Blue Vs Nirmal Bang
IDBI Capital Vs Master Trust Capital Alice Blue Vs Master Trust Capital
IDBI Capital Vs Kotak Securities Alice Blue Vs Kotak Securities
IDBI Capital Vs Interactive Brokers Alice Blue Vs Interactive Brokers
IDBI Capital Vs IIFL Securities Alice Blue Vs IIFL Securities
IDBI Capital Vs Dhani Alice Blue Vs Dhani
IDBI Capital Vs HDFC Securities Alice Blue Vs HDFC Securities
IDBI Capital Vs Geojit Alice Blue Vs Geojit
IDBI Capital Vs Fyers Securities Alice Blue Vs Fyers Securities
IDBI Capital Vs Edelweiss Capital Alice Blue Vs Edelweiss Capital
IDBI Capital Vs Easytradez Alice Blue Vs Easytradez
IDBI Capital Vs Rupeezy Alice Blue Vs Rupeezy
IDBI Capital Vs Anand Rathi Alice Blue Vs Anand Rathi
IDBI Capital Vs Aditya Birla Money Alice Blue Vs Aditya Birla Money
IDBI Capital Vs Achiievers Alice Blue Vs Achiievers
IDBI Capital Vs Angel One Alice Blue Vs Angel One
IDBI Capital Vs Motilal Oswal Alice Blue Vs Motilal Oswal
IDBI Capital Vs ICICI Direct Alice Blue Vs ICICI Direct
IDBI Capital Vs Sharekhan Alice Blue Vs Sharekhan
IDBI Capital Vs Groww Alice Blue Vs Groww
IDBI Capital Vs Tradesmart Online Alice Blue Vs Tradesmart Online
IDBI Capital Vs Upstox Alice Blue Vs Upstox
IDBI Capital Vs Zerodha Alice Blue Vs Zerodha

Frequently Asked Questions

Is IDBI Capital better than Alice Blue ?

IDBI Capital and Alice Blue are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Alice Blue better than IDBI Capital ?

IDBI Capital and Alice Blue are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is IDBI Capital cheaper than Alice Blue ?

IDBI Capital and Alice Blue are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Alice Blue cheaper than IDBI Capital ?

IDBI Capital and Alice Blue are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better IDBI Capital vs. Alice Blue ?

To find out the better of the two stockbrokers IDBI Capital and Alice Blue, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.