Broker comparison

Fyers vs Alice Blue (2026): Brokerage, API, AMC & Execution Compared

Q: Fyers vs Alice Blue: which has lower delivery brokerage?

At our last review, Fyers published delivery brokerage as "₹0 (free)" and Alice Blue as "₹20 or 2.5% per order (whichever is lower); ₹0 on the Freedom (F20) plan". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.

Q: Does Fyers or Alice Blue have a trading API?

Both have documented APIs at review time: Fyers (Fyers API), Alice Blue (ANT API). Compare pricing and rate limits on each broker's developer page.

Q: Which is faster — Fyers or Alice Blue?

Fyers publishes p99 < 7 ms (processing, self-reported). Alice Blue has no verifiable execution-speed figure we could cite.

Q: 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.

Side-by-side comparison of Fyers and Alice Blue from published official pricing and features — no affiliation with either broker.

By the Indian Broker Test editorial desk · Published 8 July 2026 · Data last reviewed 9 July 2026 · Independent

Fyers vs Alice Blue — published pricing and features (official sources at last review)
Metric	Fyers	Alice Blue
Delivery brokerage	₹0 (free)	₹20 or 2.5% per order (whichever is lower); ₹0 on the Freedom (F20) plan
Intraday brokerage	₹20 or 0.03% per order (whichever is lower)	₹15–₹20 per order depending on plan - see official pricing
F&O brokerage	₹20 per order (flat)	₹15–₹20 per order depending on plan - see official pricing
AMC	₹0 (zero AMC)	₹0 (zero AMC)
Account opening	Free (₹0 account opening)	Free (online)
Trading API	Fyers API — Free (per official API page)	ANT API — Free (per official page)
Reported execution speed	p99 < 7 ms (processing, self-reported)self-reported	Not Disclosed
Algo support	Yes - free API; TradingView-based platform	Yes - free ANT API; partnerships with algo platforms
Platforms	Fyers app, Fyers Web, TradingView charts	ANT Mobi, ANT Web
Best for (published)	Chart-driven and algorithmic traders who live in TradingView.	Price-sensitive algo traders exploring beyond the biggest names.

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.

What the published data shows

Fyers publishes an execution-speed figure; Alice Blue does not on verifiable sources.

Tools & profiles

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Frequently asked questions

Fyers vs Alice Blue: which has lower delivery brokerage?

At our last review, Fyers published delivery brokerage as "₹0 (free)" and Alice Blue as "₹20 or 2.5% per order (whichever is lower); ₹0 on the Freedom (F20) plan". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.

Does Fyers or Alice Blue have a trading API?

Both have documented APIs at review time: Fyers (Fyers API), Alice Blue (ANT API). Compare pricing and rate limits on each broker's developer page.

Which is faster — Fyers or Alice Blue?

Fyers publishes p99 < 7 ms (processing, self-reported). Alice Blue has no verifiable execution-speed figure we could cite.

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

Fyers - official website - https://fyers.in
Fyers - official pricing - https://fyers.in/pricing/
Alice Blue - official website - https://aliceblueonline.com
Alice Blue - official pricing - https://aliceblueonline.com/pricing/