AliceBlue Demat Account

AliceBlue is another best discount broker which offers maximum leverage on intraday trades. If you are willing to trade more intraday trades and looking for margins upto 10x then AliceBlue is best choice for you.

EXPERIENCE PREMIUM TRADING
with BIG GAINS FESTIVE OFFER

  • FREE Demat and Trading Account
  • FREE Access to Rs.5000 worth Trading Products on Tradestore
  • Exclusing Access to Tradeschool Stock Market Courses
  • Single Margin for Equity , F&O and Commodity

Alice Blue Benefits

Trade Store

Define, Pick and Trade. It includes trading products with its benefits.

High Exposure

10 times limit in MCX, Nifty &Bank nifty, future & options

Trade With Ant Technology

Analyse and trade with ANT MOBI, ANT WEB, ANT DESK!.

Bracket Order Benefits

20 times limit in Bracket order with Auto trailing SL

Trade School

Get fundamental and technical research training at a Single Touch

ANT Plus

Create your OWN Trading Platform exclusively for your clients.

Trading School

  • Margin Calculator
  • Option Calculator
  • Daily Pivot Points
  • Brokerage Calculator

Choose your required Exposure

  • Equity Delivery :  03 Times
  • Equity Indraday :  10 Times    20 Times
  • Future Intraday :  05 Times    10 Times
  • Index Option BUY :  03 Times
  • Index Option SELL :  05 Times   10 Times
  • Currency :  05 Times   10 Times

Awards and Achievements

  • “Best Broking House – South” Award from MCX 2018-19
  • “Alice Blue – Best stock brokerage Company – Energy” Award from MCX 2017-18
  • Best Investment Company in Southern India 2016-17
  • Gem of India Award 2013

Exposure Plans at AliceBlue

Freedom 20 Plan

SegmentsMIS -IntradayBracket OrderCover OrderCNC- Delivery 
EQUITY10X10XNA3XA Group Share
FUTURE5X10X10X1XAs Per Margin
OPTION BUY3XNANA1X-2XAs Per Premium
OPTION SELL5XNANA1XAs Per Margin
MCX5X10X10X1XAs Per Margin

Trade Pro Plan

SegmentsMIS -IntradayBracket OrderCover OrderCNC- Delivery 
EQUITY20X20XNA3XA Group Share
FUTURE10X20X20X1XAs Per Margin
OPTION BUY3XNANA1X-2XAs Per Premium
OPTION SELL10XNANA1XAs Per Margin
MCX10X20X20X1XAs Per Margin

Brokerage Plans

Freedom 20

ExchangeSegmentsBrokerage
EQ Intraday ₹20 per order or 0.01% whichever is lower
NSE, BSEEQ Delivery0
FUT ₹20 per order or 0.01% whichever is lower
OPTION ₹20 per order
MCXFUT ₹20 per order or 0.01% whichever is lower
OPTION ₹20 per order
NSE, BSECURRENCY FUT ₹20 per order or 0.01% whichever is lower
CURRENCY OPT ₹10 per order

Trade Pro

ExchangeSegmentsBrokerage
EQ Intraday0.01%
NSE, BSEEQ Delivery0.10%
FUT0.01%
OPTION ₹20 per lot
MCXFUT0.01%
OPTION ₹20 per lot
NSE, BSECURRENCY FUT ₹10 per lot
CURRENCY OPT ₹20 per lot

FAQ

If you have any questions before opening Demat Account at Aliceblue you can read below answers provided by Aliceblue.

ACCOUNT OPENING

Getting Started

What is Aliceblue? How is Aliceblue different from other brokers?

Aliceblue is India’s fastest growing discount broking firm established in 2006. Highest Exposure and Lowest Brokerage makes Aliceblue stand out from its competitors.

Check out some unique features offered by Aliceblue:

  1. Free API for Algo trading.
  2. Up to 20 times exposure on Equity, Commodity, and Currency Futures.
  3. Bracket order and Cover order for Futures and Options.
  4. Multiple brokerage plans to suit all types of Traders and Investors.
  5. Direct Mutual Funds Investment with zero commission.
  6. Predefined Technical and Fundamental Analysis Strategies.
  7. Buy and Sell Signals, Advisory, and more.

What are Aliceblue brokerage charges and are there any other charges apart from brokerage?

We offer two brokerage plans:

  1. Trade Pro Plan: This plan is most suitable for traders and investors who require high margins. 
  2. Freedom 20: This plan is most suitable for traders and investors who require low brokerage.

How to open Aliceblue trading and demat account online?

If your Mobile no is linked with Aadhar, you can open the Trading & Demat Account online. 

Follow the simple process given below:

  • First, visit our website and click on Open an Account.
  • Fill in your Name, Email, Mobile Number, and State and click on Open an Account.
  • Fill in your PAN Card details and Date of Birth.
  • Select the products you want to trade in and make a payment of ₹ 500.
  • Enter your permanent address details.
  • Link your bank account to the trading account.
  • Enter your personal and financial details.
  • Upload account opening documents
  • Select the Demat Profile and Brokerage Plan.
  • Provide an IPV (In-person verification) by showing your PAN towards the camera along with your face.
  • E-sign the documents by verifying your Aadhaar with Mobile Number.
  • Your account will be activated within 24 hours.
  • You can check the Account Activation Status here.

What documents are required for online account opening?

You need to have a soft copy of the following documents while opening an account online: 

  1. Identity Proof (PAN Card Mandatory)
  2. Address Proof (Aadhar, Voter ID, Passport, etc)
  3. Passport Size Photo
  4. Income Proof (Latest six month’s bank statement/ Latest ITR copy/ Three month’s salary slip) You can provide any one of those.
  5. Scanned copy of the signature

Is there any charge for the account opening?

We charge ₹ 500 for all segments (Equity, Currency, and Commodity). The account opening charge includes 1 year AMC of Demat Account (₹ 400).

Does Aliceblue offer demo trading account?

No, we do not offer a demo trading account.

Everybody offers trading services & demat account for free. Why should I open the account with Aliceblue?

Aliceblue offers ₹ 3000 worth 15+ additional products completely free of cost to make your trading experience smoother and better. 

What is the file size & format requirement for uploading account opening documents?

File size should be less than 5 MB in JPG, PNG, or PDF format.

What is In-Person Verification (IPV)? Why is it needed?

As per SEBI guidelines, IPV is a mandatory procedure where the broker has to verify the documents and client in person while opening a Trading and Demat Account.

You can choose to complete your IPV either via web camera or mobile. During the IPV process, you just need to record a video showing valid ID proof along with your face.

Why is Power Of Attorney (POA) required?

Power Of Attorney (POA) is a limited level of permission that you give us to debit shares from the Demat account whenever you sell the shares.

If you have not submitted the POA, you will be able to sell shares by using the CDSL TPIN mode. This mode has a restriction of a maximum of ₹ 1 crore sell transactions per day. The off-market transfers are limited at ₹ 2 lakhs per scrip and overall ₹ 10 lakhs per day.

If you have a portfolio of over ₹ 1 crore and wish to sell more than ₹ 1 crore of stocks from your holding in a day, you will have to send us the POA.

We will send you the POA Form via mail when your account is activated or you can find the POA Form here.

Tools

Am I entitled to receive corporate benefits without POA?

If you have not submitted POA, you will receive corporate action benefits like Bonus, Split, Dividend, etc. But you need to register for the CDSL EASIEST facility to apply for corporate actions like Buyback and Rights. 

Or you can post a request to us via Call or Email to apply for corporate action benefits like Buyback and Rights Issue etc.

What is eSign?

eSign is an online electronic signature or digital signature. In case of online account opening, if you have an aadhaar card linked to your mobile number, you can eSign the documents digitally through One Time Password Authentication (OTP).

What is KRA?

KRA (Know Your Customer Registration Agency) is a SEBI registered agency that maintains KYC records of all the investors on behalf of capital market intermediaries (stockbrokers) registered with SEBI. 

When you choose to open an account online, you only need to provide the Aadhaar and PAN details. Aliceblue fetches your KYC details from the KRA system and auto-fills the application form through a secure e-KYC system.

Note* This works only if you are KRA registered.

How to open Aliceblue Trading and Demat Account offline?

What are the documents required to open an account offline?

You need the following self-attested copy of documents to open an account offline:

  • KYC form ABFSPL
  • Identity Proof (PAN Card Mandatory)
  • Address Proof (Aadhaar Card, Driving License, Passport, Ration Card, etc)
  • Income Proof (3 Months Salary Slip, 6 Months Account Statement, Latest Income Tax Return Copy)
  • Bank Proof (Cancelled Cheque, Passbook Copy or Bank Statement with visible Bank Account Number, MICR, and IFSC code)

Can I arrange for a pickup of my account opening documents?

No, we do not provide a pickup facility. You can courier the documents to our Corporate Office Address:

Aliceblue Financial Services Private Ltd.

No. 153/2, 3rd Floor,
M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar, Yelahanka,
Bengaluru – 560063

How long does the account opening process take?

Once you have completed the E-KYC process, it generally takes 24-48 working hours for the account to be activated. 

In the case of offline account opening, the account will be activated in 24 hours once your documents reach us.

How to check the trading account Activation Status?

You can check the Activation Status here

How will I get the User ID and Password for my trading account?

Once the account is activated, User ID and Password will be sent to your registered Email ID.

How do I contact the customer support agent to open an account?

You can contact our Customer Support Agent via +91 8061575500 | +91 8045490850 between 9 am to 6 pm from Monday to Friday.

Why was my application rejected?

Here are the possible reasons for the rejection of your application:

  1. Incomplete or unclear images of documents
  2. The name on PAN/Aadhaar Card does not match
  3. Mismatch of signature
  4. Bank details do not match
  5. IPV not uploaded properly

Why is my Signature rejected?

Below are the reasons for signature rejection: 

  • If you have signed other than blue or black ink 
  • If you have signed using a pencil 
  • If the signature file is not uploaded properly 
  • Your signature does not match either with PAN or Passport 
  • The signature is not visible properly

How do I add a nominee to my Aliceblue DEMAT account?

To add a nominee you just need to download the Nomination Form, fill, sign and courier it to our Corporate office Address

The nomination will be applicable to both Trading and Demat Account.

How do I open a trading account without opening a Demat account?

It is mandatory to open a demat account along with the trading account. 

Here’s why a demat account is required: 

  • Equity Intraday: Let’s say you have taken an intraday trade and not closed the position at the end of the day. This position can go into delivery and a Demat account is required to settle the shares. 
  • F&O Contracts: From October 2019 all Stock F&O contracts are being settled physically. This requires the stocks to be settled to a Demat account in case of a delivery position.

I’m an existing account holder at Aliceblue, can I open an account for a family member or friend using my phone number or email?

You cannot open two Aliceblue Trading and Demat accounts using the same phone number and email. The phone number and email of every new account should be unique.

How to open a non-individual account?

Non-Individual accounts can be opened offline only. You need to fill up the Non-Individual form and send it to our Corporate Office Address.

Can I open Joint Demat Account at Aliceblue?

Yes, you can open Joint Demat Account at Aliceblue with a maximum of three holders. To open a Joint Demat Account you need to follow the Offline Account Opening Process.

Note: 

  • You need to provide the KYC Form along with the Account Opening Documents of all the joint holders. 
  • All the account related communication will be sent to the first holder only, make sure to add the correspondence address of the first holder on the Demat form.

How to open an account at Aliceblue in my child’s name?

According to the regulations of the exchanges, you cannot open the trading account of a minor. But you can open a demat account in your child’s name and make an off-market transfer of shares to your child’s demat account as a gift. 

Once your child attains majority, he/she can submit a new KYC form ABFSPL along with all the account opening documents

After successfully submitting the documents, all the details of the guardian will be deleted and the guardian’s signature will be replaced by the account holder’s signature.

How to open a sole proprietorship account at Aliceblue?

As Sole Proprietorship is not considered as a separate legal entity, the Trading and Demat account can be opened in the name of an individual only.

How to transfer shares from the Demat Account to Beneficiary Account or vice-versa?

Call our Customer Support Team to get immediate help.

What are the different modes available for trading with Aliceblue?

We provide trading platforms across Desktop, Web, and Mobile.

  1. ANT Desk as a Desktop Application
  2. ANT Web as a Web software
  3. ANT Mobi as a Mobile Application

All your questions about these platforms are answered here.

Do you charge any fee for ANT Web or ANT Mobi Trading Platform?

We offer all the trading platforms across Desktop, Mobile, and Web absolutely free of cost.

Do you offer Call and Trade Services?

We offer Call and Trade Services between 9 am to 11.59 pm from Monday to Friday. You can call us on +91 8061575555 | +91 8045490855.

How do I refer someone to Aliceblue? What are the benefits?

To refer your friends, you need to visit this page, generate an affiliate link, and pass it on to your friends. 

Benefits: Once your friend opens an account and starts trading, you will receive 10% of the brokerage paid by him. 

On the other hand, your friend will receive ₹ 3000 worth Trade Store products absolutely free.

Are my details secured?

We follow highest level of security standards in the financial services industry with a 128 bit encrypted SSL connection.

Can I open a commodity account without opening an equity account?

No, you cannot open a separate commodity account as we provide a single margin account for Equity and Commodity.