Broker comparison
Alice Blue vs Pocketful (2026): Brokerage, API, AMC & Execution Compared
Side-by-side comparison of Alice Blue and Pocketful from published official pricing and features — no affiliation with either broker.
- 0 – 1Cheaper on example trades (Alice Blue – Pocketful)
- 5 – 6Published features (of 9)
| Metric | Alice Blue | Pocketful |
|---|---|---|
| Delivery brokerage | ₹20 or 2.5% per order (whichever is lower) | ₹0 (free; ₹0.01 minimum per order) |
| Intraday brokerage | ₹20 or 0.05% per order (whichever is lower) | ₹20 or 0.03% per order (whichever is lower) |
| F&O brokerage | ₹20 per order (options); ₹20 or 0.05% per order for futures (whichever is lower) | ₹20 per order (flat) |
| AMC | ₹0 (zero AMC) | ₹0 |
| Account opening | Free (online) | Free (₹0 online) |
| Trading API | ANT API — Free (per official page) | Pocketful API — Free (₹0 for all trading APIs, per official site) |
| Reported execution speed | Not Disclosed | < 50 ms (self-reported)self-reported |
| Algo support | Yes - free ANT API; partnerships with algo platforms | Yes - free API |
| Platforms | ANT Mobi, ANT Web | Pocketful app, Pocketful web |
| Best for (published) | Price-sensitive algo traders exploring beyond the biggest names. | Algo-curious traders willing to try a newer platform. |
Statutory charges (STT, exchange fees, GST, etc.) are not included. Figures are from official pricing pages at our last review — verify before opening an account.
Cost face-off: what real trades cost
| Trade | Alice Blue | Pocketful | Cheaper |
|---|---|---|---|
| Intraday: ₹1 lakh buy & sell | ₹82.97 | ₹82.97 | Tie |
| Delivery: ₹50,000 buy & sell | ₹178.98 | ₹131.78 | Pocketful (saves ₹47.2) |
| Options: premium ₹100 × 75 | ₹66.43 | ₹66.43 | Tie |
| Futures: ₹24,000 × 75 | ₹1,067.15 | ₹1,067.15 | Tie |
Illustrative quantities. Try your own trade in the compare-all brokerage calculator.
Feature check
| Feature | Alice Blue | Pocketful |
|---|---|---|
| Free delivery | – | ✓ |
| Zero AMC | ✓ | ✓ |
| Free API | ✓ | ✓ |
| TradingView | – | – |
| MCX commodity | ✓ | – |
| Mutual funds | ✓ | ✓ |
| IPO | ✓ | ✓ |
| Research desk | – | – |
| Published speed | – | ✓ |
What the published data shows
Pocketful publishes free equity delivery; Alice Blue does not (per official pricing at review). Pocketful publishes an execution-speed figure; Alice Blue does not on verifiable sources.
Tools & profiles
- Alice Blue full profile
- Pocketful full profile
- Alice Blue brokerage calculator
- Pocketful brokerage calculator
- Lowest brokerage brokers in India
- All broker comparisons
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- Groww vs Pocketful
Frequently asked questions
Alice Blue vs Pocketful: which has lower delivery brokerage?
At our last review, Alice Blue published delivery brokerage as "₹20 or 2.5% per order (whichever is lower)" and Pocketful as "₹0 (free; ₹0.01 minimum per order)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.
Does Alice Blue or Pocketful have a trading API?
Both have documented APIs at review time: Alice Blue (ANT API), Pocketful (Pocketful API). Compare pricing and rate limits on each broker's developer page.
Which is faster — Alice Blue or Pocketful?
Pocketful publishes < 50 ms (self-reported). Alice Blue has no verifiable execution-speed figure we could cite.
Is Alice Blue cheaper than Pocketful?
On our four example trades (intraday, delivery, options and futures), Alice Blue is cheaper on 0, Pocketful on 1, and 3 are tied. Statutory charges are identical, so any difference comes from brokerage.
Are these comparisons independent?
Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.
Sources
- Alice Blue - official website - https://aliceblueonline.com
- Alice Blue - official pricing - https://aliceblueonline.com/pricing/
- Pocketful - official website - https://www.pocketful.in
- Pocketful - official pricing - https://www.pocketful.in/pricing