Alice Blue Option Charges
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Alice Blue is a Bangalore-based discount broker offering an advantage for its investors to trade in the derivatives segment. If you want to trade-in options, then Alice Blue offers direct access to the options market, plus the thing that attracts more investors this side is Alice Blue Option Charges.
Wondering what charges are imposed by the broker to trade-in options.
Well! your search ends here.
Dive in to grab the complete information on options brokerage and also calculate the fees you need to pay to execute the order.
Alice Blue Option Brokerage Charges
Generally, most of the brokers imposed the option brokerage charges per lot.
To make it easy let’s take an example.
Satish is an options trader with XYZ broker who charges the options brokerage equal to ā¹20 per lot.Ā
Now, Satish bought 10 lots of ITC.
Here the brokerage he paid is equal to ā¹200 (20*10), which is quite high when it comes to brokerage.Ā
Now to offer relaxation to its customer, Alice Blue offers the discount brokerage plan, Freedom-15.
According to this plan,Ā Alice Blue charges flat fees of ā¹15 per trade to trade inĀ commodity, currency, and equityĀ options
Alice Blue Options Brokerage | |
Brokerage | ā¹15 per trade |
Transaction Charges | NSE 0.053% | BSE Rs 1 per trade (each side) |
STT | 0.05% |
SEBI Charges | ā¹10 per crore |
Stamp Duty | ā¹300 Per Crore |
GST | 18% of (Brokerage + Transaction) |
So, according to this plan if Satish has Alice Blue demat account, then he would have paid the flat fees of ā¹15 for buying or selling 10 lots instead of ā¹200.Ā
Thus, the low brokerage helps traders to maximize their profit from a particular trade.
Paying high fees for an options trade, reduce it now, by opening the account with the renowned stockbroker for FREE!
Alice Blue Option Brokerage Calculator
Now as you can see in the table above, that the options trade charges are not limited to the brokerage. One needs to pay additional fees like SEBI fees, Stamp duty, STT, etc.
This makes it a little challenging for traders especially beginners to evaluate the overall fees.
If you too are stuck in such calculation, then let’s make it easy for you.
Make use of the brokerage calculator, the complete digital solution for your charges calculation.
Just choose the segment, enter the details of order like buy price, sell price, lot size, number of lots, and state to calculate the brokerage.
Conclusion
Registered with the major exchanges, Alice Blue allows you to trade in options in different segments like equity, commodity, and currency.
What’s more beneficial is the lowest brokerage charges of flat ā¹15 per trade.
This makes it easy for the traders to trade across segments without worrying much about the fees. Also, opening an account with Alice Blue comes up with many more offers and discounts. Grab them now!
Start trading in options now. Open a demat account online for FREE!
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