Alice Blue Margin/Exposure Limit for Intraday and Futures
Alice Blue Track Record Of Best Online Stock Broker In India
Alice Blue Margin/Exposure Limit, Leverage for Intraday and Margin Policy
Alice Blue is the Bangalore based discount broker that is providing trading services in BSE, NSE and MCX. It is also from one of the biggest stock brokers in India with maximum active clients. Alice Blue’s key to its Unique Selling Proposition is its pricing model and the high-end technology solutions. It charges Zero brokerage for Equity Delivery investments. The brokerage rates for the Intraday trades are the lower as of Rs. 150 or 0.01% whichever is lower per order.
The exposure and the leverage facility of Alice Blue allows its customers to trade multiple times over the funds available in their account. It offers the margin exposure only on the intraday trades. There is no margin facility available on the delivery trades. The Alice Blue intraday trade margins are as high as up to 10 times the funds available in the account.
Alice Blue Margin Exposure Limit
The Alice Blue exposure allows its customers to trade multiple times over the funds in their account. The extent of exposure by Alice Blue is different for different sections and trades. The leverage given by Alice Blue is 8 times of the funds in the customer’s account for Intraday trades in stocks. Now, let us have a look at the example: Suppose you have Rs. 50,000 in your trading account then you can purchase stock up to Rs.4 lakh. This does not imply on all the stocks qualifying for margin funding by Alice Blue.
Note: The margin limit is different for different stocks.
FREEDOM 15 PLAN
2X ON BUY, 2X ON SELL
UPTO 4X ON BUY
Alice Blue Margin Policy
The Margin policy of Alice Blue can change at any time based on the market volatility.
1. Stocks or Equity or Shares Trading
a) Intraday Equity: Alice Blue provides its customers the margin or leverage of between 1 to 10 times on around 150 liquid stocks to trade for Intraday. The customers can trade intraday in Alice Blue with leverage by using two of its products which are:
• MIS (Margin Intraday Square Off)- When the customer uses this product, they commit to keeping the trade intraday and therefore Alice Blue gives you the leverage between 2 to 8 times based on the risk and volatility of the stock.
• Cover Orders (CO) and Bracket Orders (BO)- These orders are the unique orders at Alice Blue where you can trade intraday with a definite and compulsory stop loss. Usually the risk with such a position is low, the margin required is less and therefore, the leverage is higher. When the customer trades intraday using bracket orders, the leverage they get up to 10 times.
b) Delivery Equity: Alice Blue provides no leverage when the customer is executing delivery trades which simply means that if the customer is wishing to buy Rs.1lk stock as CNC, then they need Rs.1lk in there trading account and similarly he wishes to sell Rs 1lk shares with product type as CNC, then they needs these shares in his demat account mapped to their trading account.
2. Future Trading
Futures are inherently leveraged which means that to buy Y amount of futures the customer needs a small portion of it called as a margin in their account.
For NSE, Alice Blue settles with exchange on T&O and hence it has the lowest margin requirement.
When you trade futures at Alice Blue you can use its three product types:
a) NRML (Normal): To take position as NRML the customer needs to complete the exchange stipulated margin, but once the customer takes a position as NRML he can hold the position till expiry, providing that the customer is maintaining such stipulated Exchange Margins Until expiry.
b) MIS (Margin Intraday Square off): This service is used by Intraday traders as all the open positions get squared off before the end of the day. But no position is carried forward overnight the margin required is also lesser than the exchange stipulated margins.
• For equity & Index futures, MIS margin: 8 times & 3 times of NRML margin respectively. The all MIS positions squared off around 3:20pm.
• For commodity futures, MIS margin: 2 times, all MIS positions squared off about 25 minutes before the market gets closed.
Frequently Asked Questions
Demat account opening under Alice Blue is completely free.
Yes, you can place NRML orders in Alice blue.
MTM refers to Market-To-Market margin which covers the daily difference between the price of contract and its closing price on the day of purchase.
Certainly, Minor Demat Account can be opened with Alice Blue. In this case a legal guardian has to be appointed. Documents of legal guardians are required at the time of opening an account.
Yes, Alice Blue is a trusted stock broker. They have a big list of items to offer, and they serve their customer in most customer friendly manner.
There is no minimum balance requirement in Alice Blue trading account. Clients can add money in a trading account according to their need and extra money can be withdrawn as per the wish of the account holder.
Alice Blue has over 17 branches and 1000’s of franchise offices across India.
Soft copy of following documents are required in order to open an online account with Aliceblue: i. ID proof (PAN card) ii. Address proof (Aadhar card/Voter ID/Passport) iii. Passport size photo iv. Scanned signature v. Income proof (Bank statement of last 6 months/ ITR/ Last three months’ salary slip)
Alice Blue helpline number is 080-61575500/22174600.
No, it does not provide trading service on forex.
Yes, Alice Blue offers direct Mutual Funds through a dedicated online platform. There is no commission or brokerage charge on Mutual Funds.
Investing in Smallcase will attract a one-time flat fee of ₹ 100, apart from that usual brokerage charges will be applicable per transaction.
Basic Service Demat Account (BSDA) is a special category of Demat account which can be opened / held only by individual investors. It is available for holding a value up to Rs.50,000.
IPV refers to In-Person Verification, where the documents and client has to get verified by the broker personally while opening a trading and demat account. IPV can be done either through mobile Or Web camera. A video has to be recorded showing valid ID proof and client’s face during IPV process.
The size of file should be less than 5MB in JPEG, PDF or PNG format.
No, it does not provide any free tips.
eSign refers to digital signature. If client’s Aadhar card is linked with his mobile number, then he can virtually sign the documents through OTP.
No, it does not provide live market notifications and news.
The brokerage of Zerodha Max Rs.20 per trade while the brokerage of Alice Blue Max Rs.15 per order. Both the brokers are discount Brokers. Alice Blue provides more margin as compared to Zerodha.
It is a limited level of permission given to the firm by the traders in order to debit shares from the Demat account of trader whenever shares are sold. If a client is not willing to provide POA, then shares can be sold using CDSL TPIN mode. But this restricts the sell transaction to maximum of ₹ 1 crore per day. Moreover, it will result in limiting off-market transfer to ₹2 lakh per scrip and overall, ₹10 lakh per day. If the portfolio is above ₹ 1 crore and the client wish to sell more than ₹ 1 crore of stocks from his holdings in a day, he must provide POA.
Alice Blue does not provide a demo trading account.
No, it does not provide 3-in-1 account service.
It offers more than 15 additional products worth ₹ 3000 free of cost to enhance your trading experience.
Yes, it does provide combined ledger for both segments.
Transaction password is the password used while placing orders.
Yes, Alice Blue allows to trade in commodity.
Alice blue was incorporated in 2006 and is the fastest growing firm. It is a Bangalore based discount broker firm. Its minimum brokerage fees with maximum exposure makes it stand out from its competitors.
Indeed, the broker has designed a mobile app i.e. ANT mobi with a motive to provide better mobility to services it offers. This app is supported on android, windows and iOS platforms. It provides ease of trade from anywhere.
If eKYC is complete and Aadhar is linked to the mobile number, then the account can be opened instantly. In case, signed papers are sent to the broker, then it will take 24 hours to open the account once the documents are received.
3:15 PM is the Intraday square off time for Alice Blue.
Alice Blue Equity Options brokerage is Rs.15 per order.
Those who are willing to trade only in F&O (Equity, Commodity or Currency), Demat account is not required.
No, Alice Blue does not provide this feature.