Discount brokerBest for API traders on a budget

Alice Blue

₹20 / Intraday & F&O order

★ 4.1

Our rating

Open a Alice Blue account Calculate my brokerage

Account opening

Free (₹0)

AMC

₹0

Brokerage

₹20 / Intraday & F&O order

Delivery

₹0

Intraday

₹20 per order

DP Charges

₹13.5 + GST = ₹15.93

SEBI registered broker · Reg. no. INZ000148039 — verified from the NSE/BSE member list and SEBI records.

Why 4.1 out of 5

Our score = 40% cost + 20% charge transparency + 20% support & platform + 20% our own account-opening experience.

Cost (brokerage + hidden charges) (40%)4.3
Charge transparency (20%)4.0
Support & platform (20%)3.8
Our account-opening experience (20%)4.0

Our five-point check

Account opening chargesFree - VerifiedOnline opening, activated in 1-2 days. Source: aliceblueonline.com
AMC (annual maintenance)₹0 - VerifiedNo AMC on demat. Verified.
Equity delivery₹0Delivery equity free of brokerage.
Intraday & F&O₹20 per orderFlat fee across segments.
Hidden chargesCall & trade ₹25Phone orders charged per tariff. Source: aliceblueonline.com/brokerage-charges

How we reviewed: Charges verified from the broker's official website as on 20 Oct 2026. SEBI registration verified from NSE/SEBI records. We do not copy reviews from other portals.

Features

ANT platformFree APIOptions strategy lab

Pros

+Free trading API and configurable desktop terminal.

Cons

−Support responsiveness inconsistent.

Charge list

Equity delivery	₹0
Equity intraday	₹20 per order
F&O	₹20 per order

Markets & segments

Equity · F&O · Currency · Commodity

Full review

Alice Blue includes API free. Charges from aliceblueonline.com. SEBI INZ000148039.

Verification & Data Sources:

Source: https://aliceblueonline.com/support/basic-brokerage-structure

Last Verified: 20 Oct 2026 | Verified from aliceblueonline.com/brokerage-charges