Best Trading Account in India 2021 - Aliceblue

Best Trading Account in India 2021

Just like how to you need a fast internet to do anything online, a feature rich and stable trading account/platform is needed for smooth buying and selling of stocks.
Even a small glitch in the trading account/platform can wipe out a huge amount of cash in split seconds.
This article will not only help you find out the Best Trading Account in India but also help you learn top factors to be considered to find one.
Let’s get started!

Content

How To Find The Best Broker For Trading?

Step 1: Learn about the types of Trading Accounts.

Equity and Currency Account: When you open a normal trading account you can transact in Equity and Currency financial instruments.
Commodity Account: This account helps you to buy and sell financial instruments in the commodity market like Gold, Silver, Crude Oil, etc.
Single Margin Account: This is a combination of Equity, Currency, and Commodity Account that helps you buy and sell financial instruments conveniently in all the segments. Only a few brokers like Aliceblue offer a Single Margin Account.

Step 2: Check the features of the trading platform provided by the broker. A broker can provide you a trading platform either via Mobile or Desktop App or a Website. With a trading platform, you can also access amazing features like:

  • Live News.
  • Stock Scanners to find the best stock to invest in.
  • Different types of charts.
  • Tools to analyze the charts etc.

Step 3: Find out the brokerage charged by the broker.

Brokerage is charged for every buy and sell transaction you make in the stock market. Let’s say a broker charges ₹ 15 per order. So if you buy 100 shares of Reliance, you will be charged ₹ 15.

Step 4: Check out the leverage provided by the broker.

Leverage helps you buy a higher number of shares with less amount of money. Let’s understand how that works with an example:
Assume your broker provides 10 times leverage, it means you can buy ten times worth the shares with the money you have. So if you have ₹ 10,000, you can buy shares worth ₹ 1 lakh.

Step 5: You also need to consider other charges on investments like:

  • IPO
  • Mutual Funds
  • ETFs
  • Debentures, etc.

Well, that’s how you select the Best Trading Account!
You don’t have to look anywhere else. Aliceblue has all the above facilities available at the best and lowest rates in India.

Why Is Aliceblue The Best Trading Account In India?

Aliceblue was established in 2006 with its headquarters in Bangalore. With close to a couple of decades of experience, Aliceblue has come a long way and has over 20+ branches with more than 1000 partners all over India.

Brokerage

  • Freedom 15 Plan: Offers Decent leverage with Lowest Brokerage.

Charges List

Freedom 15 Plan
Equity Delivery ₹ 0
Equity Intraday ₹ 15 per order or 0.01% whichever is lower
Equity Futures ₹ 15 per order or 0.01% whichever is lower
Equity Options ₹ 15 per order
Currency Futures ₹ 15 per order or 0.01% whichever is lower
Currency Options ₹ 15 per order
Commodity Futures ₹ 15 per order or 0.01% whichever is lower
Commodity Options ₹ 15 per order

To understand the plans, let’s look at an example: Let’s say you bought shares worth ₹ 5 lakhs.

Freedom 15 Plan
Equity Delivery ₹ 0
Equity Intraday ₹ 15 max per order

Leverage

Freedom15 Plan
Segment CNC / NRML MIS - Intraday Cover Order Bracket Order
Cash 4X 6X NA UP TO 6X
NSE Futures 1X 1.25X 1.25X 1.25X
NSE Options 1X 1X ON BUY, 1.25X ON SELL UP TO 1.25X ON BUY NA
MCX 1X 1.25X 1.25X 1.25X
CDS 1X 1.25X NA NA

Here’s how leverage work:

Let’s say you have ₹ 10,000 in your trading account, if you are trading intraday using Bracket Order you can buy stocks worth ₹ 1,00,000.

Calculation: ₹ 10,000 x 10 times = ₹ 1,00,000

Check out this page for daily leverage insights.

Trading Platform

We provide the Best Trading Website called ANT Web, most reliable Desktop Applications called ANT Desk and ANT Meta and a Safe Mobile Trading Platform called ANT Mobi.

All these trading platforms are very easy to use and provide 1-year plus historical chart data, 80+ technical indicators, multiple watchlists, and a lot of highly advanced features.

Unique Services

To further make your trading experience smoother we offer a single account for Equity and Commodity Exchange and also provide Two Unique Products:

  • Trade School: It is a stock market education platform that helps you learn everything about stock markets from the beginner to advanced level via webinars, live sessions, courses, etc from the Top Traders & Investors in India.
  • Trade Store: It is a marketplace that provides amazing apps that will ease your trading and investing experience in the stock market. Trade Store has over 15-20 products that can be accessed freely or at a special price if you are an Aliceblue client.
  • Here’s how Trade Store can help you in your trading & investment journey:

    • Direct Mutual Funds investment i.e. you can invest in mutual funds with Zero Commission
    • Invest in IPO with a single click via UPI
    • Separate Options Trading Platform with readymade strategies
    • Buy & Sell Signals Software with 70 - 90% accuracy
    • Stock Screeners and market sentiment analyzers for better decision making
    • Predefined Technical and Fundamental analysis strategies
    • Advisory, and more.

    Open Your Account Now And Enjoy The Best Services In India!