Alice Blue vs 5Paisa Reviews 2025 | Which One Is Better
|Alice Blue vs 5Paisa
Alice Blue , founded in 2006, is a Discount broker. It supports trading on the BSE, NSE & MCX. It has 17 branches in India. 5Paisa , founded in 2007,There are 4 of its branch in India is a discount broker. It supports trading on the NSE and BSE. It has one branch across India.
Alice Blue

Alice Blue, founded in 2006, is a Bangalore-based cheap stock broker that provides stock
and commodity trading services on the BSE, NSE, and MCX. Alice Blue also provides
depository services (demat accounts) through its CDSL membership. AliceBlue provides
its consumers with one basic broking plan, Freedom 15 (F15). The flat fee broking plan
F15 reduces broking fees so that customers pay the lowest cost while trading.
Alice Blue is a Bangalore-based discount stock broker that provides stock and
commodity trading services on the BSE, NSE, and MCX. Alice Blue also provides
depository services (demat accounts) through its CDSL membership. AliceBlue provides
its consumers with one basic broking plan, Freedom 15 (F15). The F15 flat fee broking
plan minimises broking fees, allowing consumers to trade at the lowest possible cost.
The consumer does not pay a broking fee for trading in this section. For all other sectors,
Alice Blue charges a fixed Rs 15 per executed order, or 0.01%, whichever is lower. Alice
Blue Financial Services has 17 branches spread in key cities across India.
5Paisa

One of the top online stockbrokers in India is 5paisa.com, which provides consumers investors with affordable brokerage services. The founders of IIFL are the advocates of 5paisa Capital Ltd, a professionally managed and publicly traded firm. It has more than 1.2 million clients as of March 2021. At BSE, NSE, and MCX, 5paisa online trading is offered for currency, commodities, and stocks. Three subscription packages are available from 5Paisa: the Ultra Trader Pack, Power Investor Pack, and Regular Account Pack. These programmes provide you a number of advantages, such as flat fees that drop from Rs. 20 to Rs. 10 and zero account opening
fees.
Alice Blue | 5Paisa | |
Establishment Year | 2006 | 1996 |
Founder | Sidhavelayutham Mohan | Nirmal Jain |
Exchange of Membership | BSE, NSE, MCX | BSE & NSE. |
Broker Type | Discount Broker | Discount Broker |
Branches | 17 | 1 |
Alice Blue vs 5Paisa Charges
Charges | Alice Blue | 5Paisa |
Trade and Call Charge | Rs 20 per executed order | Rs 100 Per Call (any Number of Trades in a Call |
Minimum Brokerage Charges | Rs 0 | Rs 20 or 0.05 % per order( whichever is lower) |
Alice Blue vs 5Paisa Offers
Offers | Alice Blue | 5Paisa |
Free AMC | ||
Free Brokerage | , Limited | |
Free Account Opening Charge | ||
Flat Brokerage Charges | ||
Flexible Brokerage Charges | ||
Free Intraday Charges | ||
Free Delivery Charges | ||
Margin Funding and Pledging | ||
Free F&O Trading | ||
Refferal Offers | 20% + Rs 500 per new Client | 12.5% + Rs.100 Referral Credit per Client |
Zero brokerage for Loss Making Trade | ||
Brokerage Cashback | ||
Free Trading Calls | ||
Free Research Report | ||
Alice Blue vs 5Paisa Product Provided
Type | Alice Blue | 5Paisa |
Equity Delivery | ||
Equity Intraday | ||
Equity Option | ||
Equity Future | ||
Currency Option | ||
Currency Future | ||
Commodity Options | ||
Commodity Future | ||
Mutual Funds | ||
Foreign stocks | ||
Banking | ||
Insurance | ||
Digital Gold | ||
Govt. Bonds | ||
Corporate Bonds | ||
Alice Blue vs 5Paisa Advisory Services Provided
Type | Alice Blue | 5Paisa |
IPO Service | ||
Weekly and Monthly Review | ||
Daily Stock Picks and Stock Tips | , Chargeable | |
PMS or PCG | ||
Trading Institution | Front End: ANT | Back End: Omnesys NEST | (Fine School) |
Demat and Trading Service | ||
Intraday Service | ||
Share Pledging | ||
NRI Service | ||
3 In 1 Account | ||
Company and Annual Report | ||
Research report | , Chargeable | |
Stock Recommendation | ||
Features Of Alice Blue vs 5Paisa
Alice Blue vs 5Paisa Demat And AMC Charges
Starting a trading account with Alice Blue costs Rs 150, The AMC charges for the Alice Blue Demat Account are Rs 400. While 5Paisa has Rs.300 annual maintenance cost (AMC) for trading accounts Many investors favour it because of its competitive cost, user-friendly layout, and excellent customer service.
Charges | Alice Blue | 5Paisa |
Demat Account Opening Charges | Rs. 0 (Free) | Rs 0 (Free) |
Demat Account AMC Charges | Rs 400 | Rs 300 |
Trading Account Opening Charges | Rs 500 | Rs 0 (Free) |
Trading Account AMC Charges | Rs. 0 (Free) | Rs. 0 (Free) |
Alice Blue vs Groww Brokerage Charges
Below the table shows Equity Intraday, Equity Delivery, Equity Option , Future and
Commodity options/ Future and Currency Option/Future Transaction charges of both the
platform.
Brokerage Charges | Alice Blue | 5Paisa |
Brokerage Plan | Standard Plan | Flat Brokerage |
Equity Delivery | Free | Rs.20 per Trade |
Equity Intraday | Rs.15 per Trade or 0.05% (Whichever is lesser) | Rs.20 per Trade |
Equity Option | Rs.15 per Trade | Rs.20 per Trade |
Equity Future | Rs.20 per Trade | Rs 20 per executed plan/ order or .03% whichever is lesser |
Currency Option | Rs.15 per Trade | Rs.20 per Trade |
Currency Future | Rs.15 per Trade or 0.05% (whichever is lesser) | Rs.20 per Trade |
Commodity Option | Rs.15 per Trade | Rs.20 per Trade |
Commodity Future | Rs.15 per Trade or 0.05% (whichever is lesser) | Rs.20 per Trade |
Alice Blue vs 5Paisa Leverage (Margin)
See the table below to know about money margin leverage of both the platform
Leverage | Alice Blue | 5Paisa |
Equity Delivery | Upto 5x (Depends on Stocks) | Up to 20% of Trade Value (5x leverage) |
Equity Intraday | 1x | 100% of Trade Value (1x Leverage) |
F&O (Currency, Equity, Commodity) | 5x | 100% of NRML margin (Span + Exposure) (1x leverage) |
Alice Blue vs 5Paisa Pros And Cons
Pros:
Alice Blue | 5Paisa |
1)Intraday and F&O broking are flat at Rs 15. 2) Cutting-edge internet trading system. 3)Trades involving free equity distribution. And it is Not a brokerwhile it provides cheap platform. 4) Free account opening. | 1)Trading terminals and the 5paisa smartphone app are examples of free trading software. 2)Direct mutual funds withoutbrokerage fees. 3) Brokerage with a flat fee. Only pay Rs. 20 for each completedorder. Concerns regarding thetrade’s size are over |
Cons:
Alice Blue | 5Paisa |
1)Call and Trade is offered for an additional cost of Rs 20 per order. 2) Margin financing is not accessible. 3)Good Till Cancelled (GTC) orders are not available. 4) Mutual fund investments cannotbe made online. | 1)In addition to the commission,Call & Trade costs Rs 100 eachcall. In a single call, any number of deals may be made. 2)Research and advisory isavailable at extra cost. 3)Exchange turnover fees arehigher than those of otherwell-known bargain stock brokers. 4)NRI Trading and Demat Accountis not available. |
Complaints Of Alice Blue vs 5Paisa
The table below shows information about resolved, lodged and % of Complaints.
Complaints | Alice Blue | 5Paisa |
Total Complaints Lodged | 75 | 289 |
Total Complaints Resolved | 70 | 145 |
% Of Total Complaints Resolved | 85.45 % | 80.40% |
Non Actionable Complaints | 2 | 35 |
% Of Total Complaints Resolved | 2.60 % | 16% |
Alice Blue vs 5Paisa Transactions Charges
Below the table shows Equity Intraday, Equity Delivery, Equity Option , Future and
Commodity options/ Future and Currency Option/Future Transaction charges of both the
platform.
Transaction Charges | Alice Blue | 5Paisa |
Equity Delivery | 0.00325% (NSE) 0.00375% (BSE) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (Each Side) |
Equity Intraday | 0.00325% (NSE) 0.00375% (BSE) | NSE Rs 325 per Cr(0.00325%) | BSE Rs 375per Cr (0.00375%) (Sell Side) |
Equity Option | 0.05% (on premium) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (On Premium). |
Equity Future | 0.0019% (NSE & BSE) | NSE Rs 3500 per Cr(0.035%) | BSE Rs 100per Cr (0.001%) (onpremium). |
Currency Option | 0.035% (NSE) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) |
Currency Future | 0.0009% (NSE) | NA |
Commodity Option | 0.05% (Non Agri) | 0.05% (Non Agri) |
Commodity Future | 0.0026% (Non-Agri) | Group A – Rs 290 per Cr (0.0029%) |
Review Comparison Of Alice vs 5Paisa By Customer
Alice Blue is rated 8.5 of 10 , whereas 5Paisa is rated 8 of 10
Rating | Alice Blue | 5Pasia |
Customer Services | 6/10 | 7/10 |
Fees | 7 /10 | 6/10 |
Brokerage Charges | 8.5/10 | 8/10 |
Trade and Call Charges | 8/10 | 8.5/10 |
Research Capabilities | 9/10 | 7.5/10 |
Overall Rating | 8.5/10 | 8/10 |
Conclusion:Because of its affordable broking plans, reliable trading platforms, and excellent customer support, Alice Blue is a well-liked option for traders on a budget. Although the ANT platform has a lot of features, certain customers have occasionally reported technical problems. 5Paisa offers sophisticated trading tools, affordable brokerage costs, and a feature-rich software ideal for aggressive traders 5Paisa sophisticated choices and cheaper prices give it a minor advantage. In the end, 5Paisa is a better for seasoned traders looking for extensive tools and reduced prices . Finally, the decision is based on personal objectives such as cost, service quality, and platform usability.
Customer Care Number/Email
Alice Blue : 07676444362, 07314921313
5 Paisa :- +918976689766
Client can contact this number for clearing your doubt.
Alice Blue Support Email : askus@aliceblueindia.com
5Paisa Email:-Email ID :- support@5paisa.com
Client can contact this email for clearing your doubt.