Skip to content
Broker news. Connected. RSS feed
FXBROKERS

A clearer view of the broker industry.

Broker directoryMulti-asset

Alice Blue: accounts, trading costs, platforms and client protection

Alice Blue combines ANT trading, demat custody and automation for Indian exchange markets. The standard tariff charges up to INR 20 per executed order, including delivery trades, while instant withdrawals have stricter eligibility than regular payouts. Currency trading remains subject to domestic exchange and RBI rules.

By FXBrokers.ai Editorial DeskOperating status: ActiveSources checked Published Updated
Profile scope

Indian exchange-traded securities and derivatives; standard and selected-client promotional tariffs must be distinguished.

  • Delivery brokerage is the lower of INR 20 or 2.5%; it is not universally free.
  • Instant payouts allow INR 100–100,000 daily only within the published window and eligibility rules.
  • 1lyalgo places trades and requires daily login; account freezing and dormancy are separate controls.

Accounts, segment activation and eligibility

Sections ↑

Alice Blue is an Indian securities and derivatives broker operated by Alice Blue Financial Services Private Limited. Its ANT account connects domestic exchange products, custody and trading tools. Currency exposure is through eligible exchange derivatives; it is not an offshore leveraged spot-FX account.[11][3][13]

At a glance01

Account and pricing structure

Account and pricing structure
ItemPublished position
Opening chargeZeroSource 1Source 2
Account maintenanceZero under the current lifetime-free planSource 1Source 2
Mutual funds, SIPs and IPO brokerageZeroSource 1Source 2
Standard online tradingPer-executed-order schedule; delivery is not universally freeSource 1Source 2
Selected zero-brokerage offerEligible clients receive an activation email; not the default tariffSource 1Source 2
At a glance02

Dormancy is a trading restriction

Dormancy is a trading restriction
StageTreatment
TriggerNo trades for 24 consecutive months under the published help ruleSource 6
While dormantOrder placement disabledSource 6
ReactivationOnline eKYC, registered-mobile OTP, address and bank review, IPV, financial documents and e-signSource 6
CostGenerally freeSource 6
TimingHelp page gives 1–2 working hours for verification and 2–4 working hours for trading access; approval remains conditionalSource 6

View full spreads & trading costs

Products and the Indian currency-market boundary

Sections ↑
At a glance03

ANT product codes

ANT product codes
CodeUseFunding implication
CNCDelivery equityFull trade value; selling requires holdingsSource 3
MISIntraday equity and derivativesIntraday liquidation policy appliesSource 3
NRMLCarry-forward futures and optionsMaintain the required exchange and broker marginsSource 3
BOBracket intraday positionLinked target and stop; cannot convert to CNC or NRMLSource 3
At a glance04

NSE INR currency contracts

NSE INR currency contracts
PairBase units per contractMinimum price movement
USD/INRUSD 1,000INR 0.0025Source 14
EUR/INREUR 1,000INR 0.0025Source 14
GBP/INRGBP 1,000INR 0.0025Source 14
JPY/INRJPY 100,000; quoted per JPY 100INR 0.0025Source 14

Each listed tick is INR 2.50 per contract. NSE specifies cash settlement in INR and a 09:00–17:00 IST currency session. Contract availability and segment activation remain account-specific. RBI’s forex FAQ distinguishes INR-linked hedging transactions from foreign-currency cross pairs and prohibits overseas margin remittances under LRS; Indian broker registration is not permission to use an unauthorised offshore forex platform.[14][13]

From 10 October 2026, RBI reduced the threshold for exchange-traded INR currency positions without establishing underlying-exposure documentation to USD 5 million equivalent across all INR pairs and recognised exchanges. The underlying hedging requirement remains; this is a documentation concession, not unrestricted permission to speculate.[15]

Brokerage and account charges

Sections ↑
At a glance05

Standard online brokerage

Standard online brokerage
SegmentPer executed order
Equity deliveryLower of INR 20 or 2.5% of trade valueSource 1Source 2
Equity intradayLower of INR 20 or 0.05%Source 1Source 2
FuturesLower of INR 20 or 0.05%Source 1Source 2
OptionsINR 20Source 1Source 2
At a glance06

Costs outside brokerage

Costs outside brokerage
ChargePublished amount or basis
Delivery holding saleINR 15 + GST per scrip, irrespective of quantitySource 1Source 4Source 5
Bracket orderINR 4 + GST per orderSource 1Source 4Source 5
Taxes and exchange leviesAdditional to brokerage; vary by segment and sideSource 1Source 4Source 5
Net-banking depositINR 10 + GST per transferSource 1Source 4Source 5
Registered-bank UPI in ANTFreeSource 1Source 4Source 5
Instant payoutFree if eligibleSource 1Source 4Source 5
At a glance07

Brokerage-only examples

Brokerage-only examples
Executed orderCalculationBrokerage
INR 10,000 intraday equity order0.05% × 10,000, capped at 20INR 5Source 1
INR 100,000 intraday order0.05% × 100,000, capped at 20INR 20Source 1
Two executed options orders20 × 2INR 40Source 1
One scrip sold from delivery holdingsBrokerage plus separate custody debitAdd INR 15 + GST DP chargeSource 1

Orders, timing and platform operation

Sections ↑
At a glance08

Order instructions in ANT

Order instructions in ANT
InstructionMeaning
LimitSpecified price or betterSource 3
MarketAvailable market price; no guaranteed final priceSource 3
Stop / stop-marketTriggered orders, with execution behaviour depending on the selected typeSource 3
AMOQueued outside market hours for the following sessionSource 3
Bracket orderTarget and stop form an OCO pair; intraday onlySource 3
At a glance09

Published MIS liquidation windows

Published MIS liquidation windows
SegmentApproximate point before market close
Equity and F&O5 minutesSource 3
Currency derivatives15 minutesSource 3
MCX commodities25 minutesSource 3
Earlier interventionCan occur if losses exceed 50% of margin or market conditions require itSource 3

The manual states a minimum 20% intraday equity margin and full NRML margin for F&O. The order window carries the current requirement; an intraday product label is not a promise of extra derivatives leverage.[3]

At a glance10

Account controls

Account controls
ActionWhere
Freeze or unfreezeANT app → Profile → SecuritySource 7
Close accountBOT → My Profile → Account Closure; clear dues and holdings firstSource 7
Close and transfer holdingsChoose Closure cum Shifting and submit destination DP/client details and the signed CMRSource 7
Confirm transfer requestOTP to the registered mobile numberSource 7

Deposits and payouts

Sections ↑
At a glance11

Deposit routes

Deposit routes
MethodMinimum / chargeAccount requirement
UPI within ANTINR 50 minimum; freeUPI bank must be registered with the trading accountSource 4
UPI app through gatewayINR 50 minimum; any gateway charge shown before approvalRegistered bank still requiredSource 4
Net bankingINR 10 + GST each transferRegistered bank onlySource 4

The manual’s “third-party UPI” label refers to payment apps and gateway checkout, not permission to fund from another person’s bank. Use the in-app deposit request instead of manually sending to a copied UPI identifier.[4]

At a glance12

Regular withdrawal

Regular withdrawal
RulePublished process
RouteANT Funds → Withdraw → registered bankSource 4
MinimumINR 1Source 4
Before 07:00 ISTSame working-day credit under the stated scheduleSource 4
After cutoffNext trading daySource 4
Non-processing daysWeekends, government and settlement holidaysSource 4
Intraday equity profits and F&O/MCX creditsWithdrawable on T+1 working daySource 4
At a glance13

Instant payout has separate eligibility

Instant payout has separate eligibility
ConditionRule
Window09:00–16:00 IST on working daysSource 5
AmountINR 100 minimum; INR 100,000 daily maximumSource 5
FrequencyUp to two requests daily, separated by at least 30 minutesSource 5
Trading stateNo open positions, pending orders or executed trades under the published eligibility ruleSource 5
CashSettled, withdrawable funds only; whole-rupee amountsSource 5
After submissionCannot cancel or modify; bank processing may delay receiptSource 5

Regulation, custody and access

Sections ↑
At a glance14

Legal and depository identity

Legal and depository identity
ItemPublished identifier
OperatorAlice Blue Financial Services Private LimitedSource 11Source 12
SEBI stockbroker registrationINZ000156038Source 11Source 12
Register validity11 September 2017–perpetual; register snapshot 25 October 2026Source 11Source 12
Depository registrationIN-DP-364-2018Source 11Source 12
CDSL DP ID12085300Source 11Source 12

SEBI registration and demat custody do not insure market losses or guarantee an execution price. Account freezing limits access; it should not be assumed to close positions or settle obligations automatically.[11][7]

Support and downloadable records

Sections ↑
At a glance15

Help and escalation

Help and escalation
NeedRoute
Routine supportSupport ticket link on the official help centreSource 9Source 11Source 5
Compliance contact[email protected], as published in the SEBI registerSource 9Source 11Source 5
Order and payout questionsANT manuals and account-specific support ticketSource 9Source 11Source 5
Failed instant payoutCheck eligibility and bank processing before creating another requestSource 9Source 11Source 5
At a glance16

Reports by purpose

Reports by purpose
RecordAccess
Contract noteBOT Reports → Downloads, or ANT Mobi Profile → My ReportSource 8
Protected contract-note filePassword is the PAN in uppercaseSource 8
Holding statementReports / My ReportSource 8
P&LFilter by segment and period; view or downloadSource 8
Tax P&LBOT report menu with financial-year and quarter selectionSource 8

APIs and automated strategies

Sections ↑
At a glance17

API access

API access
CapabilityScope
Market dataReal-time and historical informationSource 9
TradingProgrammatic order managementSource 9
Account accessPositions, holdings, funds and marginSource 9
API priceNo separate API usage fee in the published FAQSource 9
Customer scopeRegistered Alice Blue clients; separate activation/setup processSource 9
At a glance18

1lyalgo workflow

1lyalgo workflow
StageWhat the service does
DesignCreate rule-based strategies without codingSource 10
TestHistorical backtesting and live-data forward testing are advertised as freeSource 10
DeployConnect strategies directly to the trading accountSource 10
MarketplaceReady-made and analyst-developed strategiesSource 10
Daily authorisationANT login required each day; subscribed orders are not executed without itSource 10

Automated execution grants a different authority from viewing research. A skipped login or disconnected strategy should not be treated as a verified instruction to close existing positions; check both orders and exposure in ANT.[10]

Company and market scope

Sections ↑

The current SEBI record identifies the same legal operator for NSE and BSE entries. The broker’s disclosures separately identify its MCX and depository services. Products remain subject to Indian account eligibility and the enabled exchange segment; the account should not be marketed as a globally available CFD service.[11][12][13]

The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

Alice Blue Financial Services Private Limited

IndiaSource 1

No separate licence entry is recorded in this panel.

Plan and workflow limitations

Sections ↑

The current tariff and help pages support a detailed standard-account comparison, but selected-client offers and live segment permissions can differ. Confirm an activation email before relying on zero brokerage, and use the account’s withdrawable balance rather than total margin as the payout limit.[2][4]

Follow the evidence

Sources & further reading

  1. Published brokerage and charges Alice Blue · Accessed 26 Oct 2026
  2. Segment-specific brokerage Alice Blue · Accessed 26 Oct 2026
  3. ANT order and product manual Alice Blue · Accessed 26 Oct 2026
  4. ANT funds and regular payout manual Alice Blue · Accessed 26 Oct 2026
  5. Instant payout eligibility and limits Alice Blue · Accessed 26 Oct 2026
  6. Dormancy and reactivation Alice Blue · Accessed 26 Oct 2026
  7. Freeze, closure and transfer workflow Alice Blue · Accessed 26 Oct 2026
  8. Reports and contract notes Alice Blue · Accessed 26 Oct 2026
  9. API capabilities and access charges Alice Blue · Accessed 26 Oct 2026
  10. 1lyalgo daily authorisation and execution Alice Blue · Accessed 26 Oct 2026
  11. Member and depository disclosures Alice Blue · Accessed 26 Oct 2026
  12. Permitted forex transaction framework Reserve Bank of India · Accessed 26 Oct 2026
  13. INR currency contract specifications NSE · Accessed 26 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

Report an error or submit an update