Alice Blue: Case Study, Company Profile, Founding Members, and many more


Alice Blue
Alice Blue: Case Study, Company Profile, Founding Members, and many more
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Introduction:

In today’s era, everyone is actively investing in the Stock market which has also become a source of income for many individuals. It is a great source of income and you can easily earn money if you analyze and invest in the right stocks. Alice Blue individuals do it themselves and some do it via brokers. To make ventures like trading stocks, you really want a broker Specialists are explicitly authorized to make exchanges with protections trades.

Nonetheless, you can pick how much assistance and backing you need from your representative by picking either a full-administration broker or a discount Broker. There are many companies that also provide Brokerage services. 

In this article, we are going to discuss one such company, Alice Blue. Alice Blue offers speedy KYC, the best brokerage model, expressive live recordings, exchange school, market talks for giving refreshed news, trade store where it has arranged it for the merchant, and as per the section.

Alice Blue Case Study:

Consolidated in 2006, Alice Blue is a Bangalore-based discount stock specialist offering stock and item exchanging administrations at BSE, NSE, and MCX. Alice Blue likewise offers store administration (Demat account) through its participation with CDSL.

Alice blue offers one basic business plan, Freedom 15 (F15) to its clients. The level expense financier plan F15 limits the business charge with the goal that clients cause the most minimal expense while exchanging. It is a discount brokerage plan which offers businesses free value conveyance exchanges. The client pays no brokerage charge for exchanging this portion. For any remaining sections, Alice Blue charges a level of Rs 15 for each executed request or 0.01% whichever is lower.

Alice Blue Financial Services has an organization of 17 branches situated in significant urban areas across India. These branches offer customized specialist administration to clients. It likewise has 1000+ Partners across India.

Alice Blue Company Profile:

Company NameAlice Blue
Founding Year2006
Company Founder Sidhavelayutham Mohan
HeadquarterBengaluru, Karnataka
Employees 558+
CompetitorsMoneyfacts, Re Analytics, My Bank Tracker, and more
Websitehttps://www.aliceblueonline.com/
Alice Blue Company Profile

Alice Blue Founder:

Alice Blue Founder Sidhavelayutham Mohan image
(Image Source: aninews.in)

Sidhavelayutham holds an MBF from the Indian Institute of Finance, he is the prime supporter and director of AliceBlue. He drives the business with a center around Risk management and Operations, Product Development by presenting the idea of expert promotion of broking administrations at AliceBlue. He is effectively associated with investigating fresher ways of embracing the latest in innovation for business improvement.

Alice Blue Name & Logo:

Alice Blue image
(Image Source: getlogo.net)

What Does Alice Blue Offer? 

It trusts in giving elite stockbroking administrations to its clients and partners, with ideal returns at an insignificant expense. Its broking Model expects to limit your brokerage until you partake in the most exceptional web-based exchanging with the best client assistance experience. It gives online offers to exchange stages to its clients. It offers ANT (Analyze and Trade), an exchanging stage.

Exchange Lab made the application, and it deals with the Omnesys NEST as a backend. Its monetary administrations have an organization of 17 branches situated in cities across India. It is accessible on versatile, work areas, and internet browsers. Subterranean insect Meta and ANT Scanner are exchanging programming presented by the organization for exchange examination.

Its auxiliaries and operations arms offer tailor-made agent assistance to clients. It likewise has in excess of 1,000 partners across India. It likewise gives admittance to restrictive and outsider web-based exchanging instruments to help the clients break down their exchange practices and go with knowledgeable exchanging choices.

Alice Blue Services For Traders:

Alice Blue offers speedy KYC, best brokerage models, decisive live recordings, exchange school, market talks for giving refreshed news, exchange store where it has sorted it for the merchant, and as per the portion. For a financial backer, it offers ALICE IPO free occasionally, a little case application for nothing, and Alice Blue common assets just for its clients and put resources into thoughts with the little case at Rs. 0. For a trader,

  •  It offers Tradex, programming for exchanging F&O in NSE, and MCX is accessible for Rs. 2000 month to month.
  •  Next in the line is Chart Bridge, which is India’s most memorable Algo-based Trading stage to oversee requests, dangers, and systems for Rs. 500.
  • Intraday-based Semi-Algo Trading Platform for Stock Cash, Futures, and MCX markets for which it charges Rs. 399 month to month.
  • It likewise offers Intraday calls in light of specialized investigation for rs. 480 month to month.
  • Advisorymandi.com is an application with particular features that aid in acquiring knowledge into share market happenings for Rs. 499 month to month.
  • An electronic exchanging stage is accessible for members.
  • To wrap things up, for the brokers, India’s most memorable choice exchanging stage is accessible in light of Rs.600 month to month and the master at Rs. 950 month to month.
  • Presently for logical personalities, it offers the pick-right AI commercial center for pay per proposal premise as it gives suggestions from SEBI guides.
  •  The subsequent one is Algo Bridge, which begins for Rs. 1499 and offers top to bottom experiences and MT4 pointers for exchanging independent directions.
  •  MARKET TREND is accessible for rs. 450 month to month. The Web is seven ticks made programming for vital exchanging.
  • To wrap things up is ANTiq, which offers the best system for acquiring an advantage in the market with its top to bottom comprehension. It is accessible for nothing.
  • Next on the line stands Chart span comes for rs. 500 month to month.
  • The ideal is an intraday-based semi-Algo exchanging stage for rs. 399 month to month.

Alice Blue On Social Media:

Alice Blue Brokerage Plans and Charges:

Alice Blue image
(Image Source: adigitalblogger.com)

Alice blue offers two financier plans, ‘Traditional’ and ‘F20’ to its clients. In the Traditional one, the organization charges % a based brokerage. Clients need to pay a proper level of trade value. For intraday exchanging, a merchant needs to pay 0.01% of the exchange as an incentive for the value, Futures, and choices section, and ₹20 per parcel for Options. The organization charges 0.1% for value conveyance for conveyance exchanges, 0.01% for Futures and Commodities, and ₹20 per parcel for Options exchanging.

The flat-free brokerage plan (F20) intends to limit business expenses with the goal that clients don’t need to bear colossal expenses while exchanging. It is a discount brokerage plan that offers business free value conveyance exchanges. The merchant needs to pay no financier charge in this fragment. For any remaining portions, Alice Blue charges a level of ₹20 per executed request or 0.01% whichever is lower.

How To Obtain Alice Blue Services? 

To get its services, one must have Trading+Demat a/c (2-in-1 record) to exchange recorded trade bodies like BSE, NSE, and MCX. Alice Blue offers a/c opening in 3 agreeable ways:

  • Fast A/c opening by means of an online e-KYC and Aadhar virtual sign.
  • Quick Trading + Demat a/c opening is conceivable assuming you are e-KYC agreeable, and on the off chance that your Aadhar number is associated with your new telephone number. It is a paperless method for opening a/c. No printing is required, examine your mark and send structures to the agent.
  • Visit the Alice Blue Branch.
  • It has north of fifteen branch workplaces spread across India. Register at any of these branches to open a record with them.
  • Request a/c opening structure.
  • One can likewise demand the record opening structures from the client support. The record opening structure is couriered. Then, at that point, fill the structure and send it to the given location.
  • The value and ware exchanging and Demat accounts are worked upon in no less than a day from when the representative gets the total and confirms every one of the reports in the structure and checks it also.

Alice Blue Trading plans:

Alice Blue image
(Image Source: stockbroker99.com)
  • Under the Freedom (F20) plan, Equity Delivery trading isn’t charged. The greatest measure of ₹20 is expected for exchanging different portions.
  • No minimum brokerage, no minimum responsibility, and no prepaid plans are guaranteed.
  • Alice Blue is a fintech administration arranged firm serving beginning around 2006.
  • It has Omnesys NEST PLUS Trading Platform as the pad support for ANT. It permits a strong Risk Management System and Order Management System embraced by more than 200 first-class expedites in India.
  • Subterranean insect Trading Software is free for clients.
  •  Access id is proposed to a range of outsider web-based managing and trade instruments and applications.
  • The customary market report is uninhibitedly open to clients.

Alice Blue Benefits:

  • It doesn’t offer full-service brokerage any longer. Likewise, It doesn’t offer yearly or month-to-month designs any longer.
  • Online IPO, NCD, and Corporate securities are not open for exchange or some other trade-related exercises.
  • Agent upheld exercises (Call and Trade) are presented at an additional ₹20 per executed request.
  • Great Till Cancelled Order isn’t given.

Alice Blue Unique Selling Point:

Here, are some USP(Unique Selling Point) of Alice Blue: 

  • Experience trusts of over 20 years as a full-service broker.
  • ANT – A lead exchanging stage worked for examination and exchanging.
  • Discount brokerage plans Freedom 15 – A straightforward, minimal expense and level charge financier plan.
  • Value Delivery business is free. No representative charges for cash and convey exchanges.
  • Pay 0.01% or Rs 15 whichever is less financier for any remaining portions at BSE, NSE, and MCX.
  • Free exchanging programming to every one of its clients.
  • High-level Trading Tools-ANT Meta and, ANT Scanner. what’s more, other outsider devices.
  • Exchange School is an internet-based asset for mastering speculation ideas and exchanging abilities.

FAQs About Alice Blue:

Is Alice Blue A good broker?

Alice Blue is a protected and solid markdown intermediary offering exchanging and speculation administrations across Equities, F&O, Currency, Commodity, IPO, and Mutual Funds. Consolidated in 2006, Alice Blue has secured itself as a presumed stock dealer in India with north of 16 branches the nation over.

Who owns Alice Blue?

Sidhavelayutham Mohan is the Group CEO and Managing Director at Alice Blue.

Is Alice Blue SEBI registered?

Indeed, Alice Blue is a SEBI registered stock merchant offering monetary administrations starting around 2006. It is an individual from the BSE, NSE, and MCX.

How would I sell shares in Alice Blue?

Click on the stock you need to exchange. When you select the stock you can see a green ‘Purchase’ button and a red ‘SELL’ button at the lower part of the screen. Click on the ‘Purchase’ button to purchase a stock or the ‘Offer’ button to sell a stock.

How would I close my Alice Blue exchanging account on the web?

Whenever you are signed in, click on “Record Profile”(Which will be additionally appearing as your client ID) on the upper right-hand side menu, and click on the “Record Closure” from that drop-down.

How would I put cash on Alice Blue?

Select the menu button – “Online Payment” and snap on “UPI Option”. Click on “Update UPI ID” and add your UPI ID which is connected to your Trading Bank Account. In the wake of adding the UPI ID, you can make your asset move by choosing the section to which you need to add your assets and entering the sum you like.

Could I at any point erase my Alice Blue record?

Alice Blue record can be shut down online by presenting the record conclusion demand utilizing the Alice Blue Backoffice (BOT) site. Notwithstanding, prior to starting the record conclusion demand guarantee to clear any remaining levy and move protections to another Demat account, if any.

What is the CNC order in Alice Blue?

A cash and Carry (CNC) order is a non-intraday order type used in the Equity segment. You can use this order type if you want to buy stock and hold it for more than a day. If you buy a stock today using the CNC Order type, you will receive the shares in your Demat account in T+2 days.

What is the margin used in Alice Blue?

Alice Blue F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Alice Blue F&O carry forward positions and equity delivery trades.

What are brokerage charges in Alice Blue?

Alice Blue offers free Equity Delivery trading and charges a brokerage of Rs 15 per order or 0.1% of trade value (whichever is lower) for Equity Intraday, Equity Futures, Currency Futures, and Commodity Futures and a flat Rs 15 per order for Options.

What is the limit order in Alice Blue?

It’s a type of order where you can buy or sell a stock at a specific price. For example: Buy Order Let’s say ACC stock is trading at 1200 currently, and you want to buy it when it reaches 1150. You can simply place a Buy- limit order now, and the order will be executed once the stock price reaches 1150.

Conclusion:

In this article, we have mentioned all the details about Alice Blue, which is a stock trading business platform, that provides brokerage services to its users, at minimum cost. All the information related to Alice Blue has been mentioned above. 


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Disclaimer – We have collected this information from various trustworthy sources on the Internet, and the facts have been checked manually and verified by our In House team.


Twinkle Jain

I am Twinkle Jain, and I am very passionate about writing blogs. I am excited to share my thoughts on startups, case studies, and listicle topics, exploring these areas with enthusiasm and creativity.