Alice Blue vs Kotak Securities Reviews 2025 | Which One Is Better
Alice Blue vs Kotak Securities
Alice Blue , founded in 2006, is a Discount broker. It supports trading on the BSE, NSE & MCX. It has 17 branches in India .Kotak Securities , founded in 1994, is a Full Service broker. It supports trading on the BSE, NSE, MCX, & NCDEX. It has 150 branches in 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.
Kotak Securities
Kotak Securities Ltd, founded in 1994, is a full-service stock broker that provides a 3-in-1 account (Bank + Trading + Demat Account) to individual investors in India. It provides investing opportunities in stocks, derivatives (equities, commodities, and currencies), and mutual funds. It also provides services like Research SMS, margin trading, depository services, and third-party products such as insurance. The company also offers direct access to the US market.
Kotak Securities is a division of Kotak Mahindra bank. In India, It provides a full-service stock broker regular investors with a 3-in-1 account (bank, trading, and demat). It provides investments in stocks, derivatives (equities, commodities, and currencies), and mutual funds. It also provides services such as Research SMS, margin trading, depository services, and third-party products like insurance.
| Alice Blue | Kotak Securities | |
| Establishment Year | 2006 | 1994 |
| Founder | Sidhavelayutham Mohan | Jaideep Hansraj |
| Exchange of Membership | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
| Broker Type | Discount Broker | Full Service Broker |
| Branches | 17 | 150 |
Alice Blue vs Kotak Securities Charges
| Charges | Alice Blue | Kotak Securities |
| Trade and Call Charge | Rs 20 per executed order | Rs. 50 per Call |
| Minimum Brokerage Charges | Rs 0 | Rs 21 per executed order |
Alice Blue vs Kotak Securities Offers
| Offers | Alice Blue | Kotak Securities |
| Free AMC | ||
| Free Brokerage | , Limited | , Limited |
| Free Account Opening Charge | ||
| Flat Brokerage Charges | , Limited | |
| 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 | 10% + Upto Rs.500 per Client |
| Zero brokerage for Loss Making Trade | , Limited | |
| Brokerage Cashback | ||
| Free Trading Calls | ||
| Free Research Report | ||
Alice Blue vs Kotak Securities Product Provided
| Type | Alice Blue | Kotak Securities |
| 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 Kotak Securities Advisory Services Provided
| Type | Alice Blue | Kotak Securities |
| 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 | |
| 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 Kotak Securities
| Features | Alice Blue | Kotak Securities |
| Chart | ||
| Automated Trading | ||
| 3 in 1 Account | ||
| Sms Alerts | ||
| Margin Against Shares (Equity Cash) | [ | |
| Margin Against Shares (Equity F&O) | ||
| Online Portfolio | ||
| Online Demo | ||
| Intraday Square-Off Time | 3:15PM | 3:00 PM |
| Global Indices | ||
| Real Time Update | ||
| Stock Tips | ||
| Multi Profile Management | ||
| Interactive Charts | ||
| Customised Recommendation | ||
| Online MF Buy | ||
Alice Blue vs Kotak Securities Demat And AMC Charges
Starting a trading account with Alice Blue costs Rs 150, whereas starting a Dhan account costs
Rs 0 (Free). The AMC charges for the Alice Blue Demat Account are Rs 400. While Kotak Securities trading account opening fees are zero (free), Kotak Securities Demat Account AMC Charges are Rs 600. Below the table shows Charges of both the platform.
| Charges | Alice Blue | Kotak Securities |
| Demat Account Opening Charges | Rs. 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 400 | Rs 600 |
| Trading Account Opening Charges | Rs 500 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs. 0 (Free) | Rs. 0 (Free) |
Alice Blue vs Kotak Securities Brokerage Charges
Alice Blue broking charges are Rs. 0 (Free) and intraday is Rs. 15 per order or 0.05%,
whichever is lesser, whereas Kotak Securities provides a set broking plan, with equities delivery trades at 0.25%, intraday and futures at 0.025, and options at ₹20 per lot. Prepaid plans are available for major merchants, which further reduces costs. Below the table shows brokerage charges of both the platforms.
| Brokerage Charges | Alice Blue | Kotak Securities |
| Brokerage Plan | Standard Plan | Trade Free plan |
| Equity Delivery | Free | 0.25% or Rs.20 (whichever is higher) |
| Equity Intraday | Rs.15 per Trade or 0.05% (Whichever is lesser) | Free |
| Equity Option | Rs.15 per Trade | Rs.20 per Trade |
| Equity Future | Rs.20 per Trade | Rs.20 per Trade |
| 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 Kotak Securities Leverage (Margin)
See the table below to know about money margin leverage of both the platform
| Leverage | Alice Blue | Kotak Securities |
| Equity Delivery | Upto 5x (Depends on Stocks) | 100% of trade value of (1x leverage) |
| Equity Intraday | 1x | Up to 20% of trade value of (5x leverage) |
| F&O (Currency, Equity, Commodity) | 5x | 100% of NRML margin (Span + Exposure) (1x leverage) |
Alice Blue vs Kotak Securities Pros And Cons
Pros:
| Alice Blue | Kotak Securities |
| 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)Online trading strategiesallow for brokerage-freeintraday trading. 2) Investors under the age of 30receive no broking fees acrossall sectors. 3) The company is part of arenowned private bank (KotakMahindra Bank. 4) The NEST trading platform isprovided to frequent traders. 5) Kotak Securities is abank-based broker thatprovides a three-in-one account. Online tradingstrategies allow forbrokerage-free intraday trading. |
Cons:
| Alice Blue | Kotak Securities |
| 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)Kotak Securities’ website andmobile app are not as good asnew-age brokers like Zerodhaand Upstox. 2) High equity delivery brokingfees. 3) High AMC changes (Rs 66 each month). 4) The margin-funding facilitycauses misunderstandingamong investors, who end uppaying large interest costsunwittingly. 5) The customer is required topay a yearly plan membershipcharge of Rs 499. Broking isextremely high in thedealer-assisted brokingscheme. |
Complaints Of Alice Blue vs Kotak Securities
The table below shows information about resolved, lodged and % of Complaints.
| Complaints | Alice Blue | Kotak Securities |
| Total Complaints Lodged | 75 | 435 |
| Total Complaints Resolved | 70 | 365 |
| % Of Total Complaints Resolved | 85.45 % | 83.60 % |
| Non Actionable Complaints | 2 | 21 |
| % Of Total Complaints Resolved | 2.60 % | 5 % |
Alice Blue vs Kotak Securities 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 | Kotak Securities |
| Equity Delivery | 0.00325% (NSE) 0.00375% (BSE) | 0.00335% (NSE) & 0.00375% (BSE) |
| Equity Intraday | 0.00325% (NSE) 0.00375% (BSE) | 0.00335% (NSE) & 0.00375% (BSE) |
| Equity Option | 0.05% (on premium) | 0.05% (on premium) |
| Equity Future | 0.0019% (NSE & BSE) | 0.002% (NSE & BSE) |
| Currency Option | 0.035% (NSE) | 0.037% (NSE) & 0.001% (BSE) |
| Currency Future | 0.0009% (NSE) | 0.0009% (NSE) & 0.00022% (BSE) |
| Commodity Option | 0.05% (Non Agri) | 0.05% (Non Agri) |
| Commodity Future | 0.0026% (Non-Agri) | NA |
Review Comparison Of Alice vs Kotak Securities By Customer
Alice Blue is rated 6 of 10 , whereas Kotak Securities is rated 7.5 of 10
| Rating | Alice Blue | Kotak Securities |
| Customer Services | 6.5/10 | 7.5/10 |
| Fees | 6 /10 | 7/10 |
| Brokerage Charges | 6.5/10 | 7.5/10 |
| Trade and Call Charges | 6/10 | 7/10 |
| Research Capabilities | 5/10 | 7.5/10 |
| Overall Rating | 6/10 | 7.5/10 |
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.. Kotak Securities and SBI Securities both provide strong trading platforms with distinct advantages. Kotak Securities is well-known for its advanced trading tools, research papers, and customer care. Its mobile app is both easy to use and full of features. However, broking fees tend to be greater.Kotak’s, it provides full banking and trading integration. Choosing between them is based on the importance of sophisticated features versus cost-efficiency and trust.
Customer Care Number/Email
Alice Blue : 07676444362, 07314921313
Kotak Securities : 1800-209-9191
Client can contact this number for clearing your doubt.
Alice Blue Support Email : askus@aliceblueindia.com
Kotak Securities Support Email: service.securities@kotak.com
Client can contact this email for clearing your doubt.
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