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Alice Blue brokerage calculator — full charges on an NSE trade

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Short answer

Alice Blue charges 2.5% or ₹20 (whichever is lower) per executed order on equity delivery, and 0.05% or ₹20 on intraday, futures and options — for options the 0.05% applies to premium value, so small option orders can cost less than ₹20. Statutory charges — STT, NSE transaction charges, SEBI fees, stamp duty and 18% GST — apply on top, plus roughly ₹17.70 per scrip DP charge on delivery sells. This calculator itemises everything.

Brokerage
STT
NSE transaction charges
SEBI charges
Stamp duty
GST (18%)
DP charges
Total charges

Gross P&L

Net P&L after charges

Breakeven move

Estimate for one NSE round trip (one buy + one sell order). Brokers round each component per order, so contract notes can differ by small amounts. For options, prices are premiums and quantity is lots × lot size.

Alice Blue runs the ₹20-capped playbook with a wrinkle that matters to option traders: brokerage on options is 0.05% of premium value or ₹20, whichever is lower. On a small order — say a lot of far-OTM options worth ₹6,000 in premium — that is ₹3, not ₹20. For traders running many small option legs, that difference compounds across every leg of every structure.

Enter a trade below for the itemised breakdown. Rates were verified against Alice Blue’s published pricing in September 2026 and are printed in the assumptions table. Note that Alice Blue charges ₹4 + GST extra per bracket order, which this calculator does not add.

How Alice Blue’s charges work

Delivery brokerage is 2.5% capped at ₹20 — the cap binds above just ₹800 of order value, so almost every delivery order pays ₹20. Intraday, futures and options all use 0.05% capped at ₹20: the cap binds above ₹40,000, which futures orders always exceed but small option-premium orders often do not. The statutory stack is standard NSE: STT, transaction charges, SEBI fee, buy-side stamp duty, 18% GST on the non-tax components, and about ₹17.70 (₹15 + GST) per scrip DP charge on delivery sells.

The percentage-on-premium rule is genuinely unusual. Most discount brokers charge options a flat ₹20 per order regardless of size; Alice Blue’s 0.05% means a ₹10,000-premium order pays ₹5 and a ₹100,000-premium order pays ₹20. Sellers of cheap OTM strikes and buyers of hedging wings — the legs where flat fees bite proportionally hardest — keep the most.

Alice Blue for algo traders

Alice Blue’s ANT API serves systematic traders, and the broker has historically courted the high-frequency retail crowd with its low per-order economics. The honest caveat is the same as everywhere: statutory charges dwarf brokerage differences at scale, and no per-order discount rescues a strategy whose edge is thinner than the STT it pays. Run your typical trade through the calculator and read the breakeven line before assuming frequency is free.

INDfolio AI connects to Alice Blue through the official ANT API and deducts this exact cost stack — including the percentage-based option brokerage — from every simulated trade in a backtest.

Worked examples: Alice Blue charges on four typical trades

Computed by the same engine as the calculator above, so the two always agree. Each trade is bought and sold at the same price, so the total is the pure cost of the round trip and the breakeven is the price move needed just to cover it.

Trade Brokerage STT Exchange + SEBI Stamp duty GST DP Total Breakeven
Equity delivery — 100 shares at ₹1,000, bought and sold (₹1,00,000 each side) ₹40.00 ₹200.00 ₹6.34 ₹15.00 ₹8.34 ₹17.70 ₹287.38 2.87 pts
Equity intraday — 100 shares at ₹1,000, bought and sold (₹1,00,000 each side) ₹40.00 ₹25.00 ₹6.34 ₹3.00 ₹8.34 ₹0.00 ₹82.68 0.83 pts
Futures — 75 units at ₹25,000, bought and sold (₹18,75,000 each side) ₹40.00 ₹937.50 ₹72.38 ₹37.50 ₹20.23 ₹0.00 ₹1,107.60 14.77 pts
Options — 75 units at ₹150 premium, bought and sold (₹11,250 each side) ₹11.25 ₹16.88 ₹8.02 ₹0.34 ₹3.47 ₹0.00 ₹39.95 0.53 pts

Rates this calculator uses

Verified September 2026 against Alice Blue’s published charge schedule ↗ . Brokers revise pricing without notice — cross-check before relying on results.

Segment Alice Blue brokerage
Equity delivery 2.5% or ₹20 per order, whichever is lower
Equity intraday 0.05% or ₹20 per order, whichever is lower
Futures 0.05% or ₹20 per order, whichever is lower
Options 0.05% of premium or ₹20 per order, whichever is lower
DP charge (delivery sell) ≈₹17.70 per scrip on sell (₹15 + GST)

Statutory charges (identical at every NSE broker)

Charge Equity deliveryEquity intradayFuturesOptions
STT 0.1% on buy and sell0.025% on sell0.05% on sell0.15% of premium on sell
NSE transaction charges 0.00307%0.00307%0.00183%0.03553% of premium
SEBI charges ₹10 per crore₹10 per crore₹10 per crore₹10 per crore
Stamp duty (buy side) 0.015%0.003%0.002%0.003% of premium
GST 18% on brokerage + txn + SEBI18% on brokerage + txn + SEBI18% on brokerage + txn + SEBI18% on brokerage + txn + SEBI

These calculators are free, run entirely in your browser, and store nothing. They produce estimates for NSE trades based on published rates and standard formulas — not investment advice, and not a substitute for your broker’s contract note. INDfolio AI builds algo trading software; the honest connection is that our backtests apply this same cost arithmetic to every simulated trade.

FAQ

Frequently asked questions

What brokerage does Alice Blue charge on options?

0.05% of premium value or ₹20 per executed order, whichever is lower (September 2026). Unlike flat-₹20 brokers, small option orders pay proportionally — an order with ₹8,000 of premium value costs ₹4 in brokerage, not ₹20. Statutory charges (0.15% sell-side STT on premium, NSE transaction charges, GST, stamp duty) come on top.

Is Alice Blue delivery trading free?

No — delivery brokerage is 2.5% or ₹20 per order, whichever is lower. Above ₹800 of order value that is effectively a flat ₹20. DP charges of about ₹17.70 per scrip (₹15 + GST) apply when you sell holdings.

What extra charges does Alice Blue have?

Bracket orders cost an additional ₹4 + GST per order per Alice Blue’s published schedule — worth knowing for intraday systems that use them, and not included in this calculator’s output. Account maintenance is ₹0.

How does Alice Blue compare with Zerodha on F&O costs?

Futures: near-identical in practice (0.05% vs 0.03%, both capped at ₹20 — the cap governs at index-futures sizes). Options: Alice Blue can be cheaper on small orders because its 0.05%-of-premium rule undercuts flat ₹20 whenever premium value is under ₹40,000. Statutory charges are identical.

Is this an official Alice Blue calculator?

No — it is an independent tool by INDfolio AI. Rates were verified against the broker’s published charge schedule in September 2026. Brokers revise pricing without notice, so treat results as close estimates and cross-check your contract note or the broker’s pricing page before relying on them.

Backtest with these exact costs deducted.

Every INDfolio AI backtest charges brokerage, STT, exchange fees, GST and stamp duty on every simulated trade — so strategies that pass have already paid their way. Free to start.

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