• +91 9773727566
COMPARE
Upstox vs Alice Blue – Compare Charges, Trading Features, Offers & more

Find a Comparison of Upstox 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 Upstox and Alice Blue.

Background

Year of Incorporation 2010 2006
Website https://upstox.com/ https://aliceblueonline.com/
Phone 022 - 41792999 07314921313
Exchanges enabled NSE, BSE & MCX NSE, BSE
Demat (NSDL/CDSL) CDSL NSDL & CDSL
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 16 Lakhs Rs 4.51 Lakh
Profit after Tax FY12/13 Rs 24 lakhs Rs 6.16 Lakh
Profit after Tax FY13/14 Rs 68 Lakhs Rs 6.86 Lakh
Profit after Tax FY 14/15 Rs 71 Lakhs Rs 7.19 Lakh
Profit after Tax FY 15/16 Rs 73 Lakhs Rs 8.05 Lakh
Profit after Tax FY 16/17 Rs 77 Lakhs Rs 9.53 Lakh
Profit after Tax FY 17/18 Rs 80 Lakhs Rs 11.44 Lakh
Profit after Tax FY 18/19 Rs 86 Lakhs Rs 11.56 Lakh
Profit after Tax FY 19/20 Rs 88 Lakhs Rs 11.20 Lakh
Profit after Tax FY 20/21 Rs 92 Lakhs Rs 14.22 Lakh
Profit after Tax FY 21/22 Rs 95 Lakhs Rs 13.18 Lakh
Profit after Tax FY 22/23 Rs 97 Lakhs Rs 16.18 Lakh
Debt FY11/12 0 Rs 15.61 Lakh
Debt FY12/13 0 Rs 16.84 Lakh
Debt FY13/14 Rs 1.38 Crores Rs 19.98 Lakh
Debt FY14/15 Rs 1.77 Crores Rs 20.17 Lakh
Debt FY15/16 Rs 2.13 Crores Rs 20.96 Lakh
Debt FY16/17 Rs 2.44 Crores Rs 22.37 Lakh
Debt FY17/18 Rs 2.87 Crores Rs 21.85 Lakh
Debt FY18/19 Rs 3.11 Crores Rs 22.76 Lakh
Debt FY19/20 Rs 3.56 Crores Rs 24.74 Lakh
Debt FY20/21 Rs 3.91 Crores Rs 26.71 Lakh
Debt FY21/22 Rs 4.18 Crores Rs 27.14 Lakh
Debt FY22/23 Rs 4.40 Crores Rs 26.36 Lakh
Profit to Equity(%) FY11/12 3.48 27.55
Profit to Equity(%) FY12/13 5.10 30.71
Profit to Equity(%) FY13/14 13.73 30.80
Profit to Equity(%) FY14/15 15.70 32.38
Profit to Equity(%) FY15/16 16.22 33.21
Profit to Equity(%) FY16/17 16.87 32.65
Profit to Equity(%) FY17/18 17.42 33.72
Profit to Equity(%) FY18/19 17.99 36.58
Profit to Equity(%) FY19/20 18.54 35.05
Profit to Equity(%) FY20/21 19.01 37.28
Profit to Equity(%) FY21/22 21.58 39.56
Profit to Equity(%) FY22/23 22.15 38.64
Balance Sheet Size FY11/12 Rs 6.23 Crores Rs 9.94 Crores
Balance Sheet Size FY12/13 Rs 15.10 Crores Rs 10.29 Crores
Balance Sheet Size FY13/14 Rs 27.97 Crores Rs 8.27 Crores
Balance Sheet Size FY14/15 Rs 28.78 Crores Rs 9.81 Crores
Balance Sheet Size FY15/16 Rs 29.94 Crores Rs 10.88 Crores
Balance Sheet Size FY16/17 Rs 30.25 Crores Rs 15.35 Crores
Balance Sheet Size FY17/18 Rs 31.87 Crores Rs 12.24 Crores
Balance Sheet Size FY18/19 Rs 32.55 Crores Rs 16.56 Crores
Balance Sheet Size FY19/20 Rs 33.90 Crores Rs 14.46 Crores
Balance Sheet Size FY20/21 Rs 34.52 Crores Rs 19.43 Crores
Balance Sheet Size FY21/22 Rs 35.55 Crores Rs 16.73 Crores
Balance Sheet Size FY22/23 Rs 36.10 Crores Rs 19.18 Crores
Brokerage

Equity Rs 20/executed order per intraday equity, Equity delivery free zero brokerage
Equity Futures Rs 20/executed order Rs 20 per order
Equity Options Rs 20/executed order Rs 20 per order
Currency Futures Rs 20/executed order Rs 20 per order
Currency Options Rs 20/executed order Rs 20 per order
Commodity Rs 20/executed order Rs 20 per order
Account Opening Costs

Trading only Rs 250 Free
Trading & Demat Rs 460 Free
Commodity Rs 250 Free
Transparency & other costs

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

Equity 0.0035% on Turnover 0.00325% on Turnover
Futures 0.0021% on Turnover 0.0021% on Contract Turnover
Options 0.059% on Premium Turnover Rs 50/lot
Commodities 0.0036% on Turnover 0.0031% on Contract turnover
AMC charge Trading: 0, Rs 400/year for Demat Trading: 0, Demat: Rs 300/year
DP Transaction Charge Rs 22/debit transaction Rs 14 per debit instruction
Offline order placing Charge Rs 25/order placed on the phone Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 days 365 days
End of Day 10 years 10 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 20 times for intraday, 0 for delivery Upto 20 times intraday, 0 for Delivery
Equity Futures Upto 4 times for intraday Upto 7 times intraday leverage
Equity Options Buying no leverage, shorting upto 4 times for intraday Buying no leverage, Shorting upto 7 times leverage intrdaday
Currency Futures Upto 4 times for intraday 2 times intraday leverage
Currency Options Buying no leverage, shorting upto 4 times for intraday Buying no leverage, Shorting upto 2 times intraday leverage
Commodity Upto 3 times for intraday 2.5 times intraday leverage
Support & Tools

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

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Compare Upstox Compare Alice Blue
Upstox Vs Dhani Alice Blue Vs Dhani
Upstox Vs IIFL Securities Alice Blue Vs IIFL Securities
Upstox Vs Paytm Money Alice Blue Vs Paytm Money
Upstox Vs Goldmine Stocks Alice Blue Vs Goldmine Stocks
Upstox Vs Globe Capital Alice Blue Vs Globe Capital
Upstox Vs Fortune Trading Alice Blue Vs Fortune Trading
Upstox Vs Finvasia Alice Blue Vs Finvasia
Upstox Vs Farsight Securities Alice Blue Vs Farsight Securities
Upstox Vs Fairwealth Securities Alice Blue Vs Fairwealth Securities
Upstox Vs Elite Wealth Alice Blue Vs Elite Wealth
Upstox Vs Dealmoney Securites Alice Blue Vs Dealmoney Securites
Upstox Vs Competent Finman Alice Blue Vs Competent Finman
Upstox Vs Coimbatore Capital Alice Blue Vs Coimbatore Capital
Upstox Vs Cholamandalam Alice Blue Vs Cholamandalam
Upstox Vs Choice Equity Broking Alice Blue Vs Choice Equity Broking
Upstox Vs Canara Bank Alice Blue Vs Canara Bank
Upstox Vs Bonanza Portfolio Alice Blue Vs Bonanza Portfolio
Upstox Vs B N Rathi Alice Blue Vs B N Rathi
Upstox Vs BMA Wealth Creators Alice Blue Vs BMA Wealth Creators
Upstox Vs Bezel Stock Brokers Alice Blue Vs Bezel Stock Brokers
Upstox Vs Beeline Broking Alice Blue Vs Beeline Broking
Upstox Vs Bansal Finstock Alice Blue Vs Bansal Finstock
Upstox Vs Axis Direct Alice Blue Vs Axis Direct
Upstox Vs Ats Share Brokers Alice Blue Vs Ats Share Brokers
Upstox Vs Asit C Mehta Alice Blue Vs Asit C Mehta
Upstox Vs ASE Capital Markets Alice Blue Vs ASE Capital Markets
Upstox Vs Arihant Capital Alice Blue Vs Arihant Capital
Upstox Vs 5Paisa Alice Blue Vs 5Paisa
Upstox Vs M.stock Alice Blue Vs M.stock
Upstox Vs WisdomCapital Alice Blue Vs WisdomCapital
Upstox Vs Way2wealth Alice Blue Vs Way2wealth
Upstox Vs Ventura Securities Alice Blue Vs Ventura Securities
Upstox Vs Tradeplus Online Alice Blue Vs Tradeplus Online
Upstox Vs Tradejini Alice Blue Vs Tradejini
Upstox Vs Tata Securities Alice Blue Vs Tata Securities
Upstox Vs Swastika Investmart Alice Blue Vs Swastika Investmart
Upstox Vs SMC Global Alice Blue Vs SMC Global
Upstox Vs SBICAP Securities Alice Blue Vs SBICAP Securities
Upstox Vs SASOnline Alice Blue Vs SASOnline
Upstox Vs Samco securities Alice Blue Vs Samco securities
Upstox Vs RKGlobal Alice Blue Vs RKGlobal
Upstox Vs Reliance Securities Alice Blue Vs Reliance Securities
Upstox Vs Nirmal Bang Alice Blue Vs Nirmal Bang
Upstox Vs Master Trust Capital Alice Blue Vs Master Trust Capital
Upstox Vs Kotak Securities Alice Blue Vs Kotak Securities
Upstox Vs Interactive Brokers Alice Blue Vs Interactive Brokers
Upstox Vs Indiainfoline Alice Blue Vs Indiainfoline
Upstox Vs Indiabulls Securities Alice Blue Vs Indiabulls Securities
Upstox Vs IDBI Capital Alice Blue Vs IDBI Capital
Upstox Vs HDFC Securities Alice Blue Vs HDFC Securities
Upstox Vs Geojit Alice Blue Vs Geojit
Upstox Vs Fyers Securities Alice Blue Vs Fyers Securities
Upstox Vs Edelweiss Capital Alice Blue Vs Edelweiss Capital
Upstox Vs Easytradez Alice Blue Vs Easytradez
Upstox Vs Asthatrade Alice Blue Vs Asthatrade
Upstox Vs Anand Rathi Alice Blue Vs Anand Rathi
Upstox Vs Aditya Birla Money Alice Blue Vs Aditya Birla Money
Upstox Vs Achiievers Alice Blue Vs Achiievers
Upstox Vs A C Choksi Alice Blue Vs A C Choksi
Upstox Vs Angel Broking Alice Blue Vs Angel Broking
Upstox Vs Motilal Oswal Alice Blue Vs Motilal Oswal
Upstox Vs ICICI Direct Alice Blue Vs ICICI Direct
Upstox Vs Sharekhan Alice Blue Vs Sharekhan
Upstox Vs Groww Alice Blue Vs Groww
Upstox Vs Tradesmartonline Alice Blue Vs Tradesmartonline
Upstox Vs Zerodha Alice Blue Vs Zerodha

Frequently Asked Questions

Is Upstox better than Alice Blue ?

Upstox 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 Upstox ?

Upstox 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 Upstox cheaper than Alice Blue ?

Upstox 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 Upstox ?

Upstox 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 Upstox vs. Alice Blue ?

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