Independent comparison. No broker affiliation, sponsorship or referral fees. Rankings are computed only from published, verifiable data.

Broker comparison

Kotak Neo (Kotak Securities) vs Alice Blue (2026): Brokerage, API, AMC & Execution Compared

Side-by-side comparison of Kotak Neo (Kotak Securities) 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

Kotak Neo (Kotak Securities) vs Alice Blue — published pricing and features (official sources at last review)
Metric Kotak Neo (Kotak Securities) Alice Blue
Delivery brokerage Plan-based - see official pricing (Trade Free plans) ₹20 or 2.5% per order (whichever is lower); ₹0 on the Freedom (F20) plan
Intraday brokerage ₹20 per order or lower on current Trade Free plans - see official pricing ₹15–₹20 per order depending on plan - see official pricing
F&O brokerage Plan-based - see official pricing ₹15–₹20 per order depending on plan - see official pricing
AMC See official pricing page ₹0 (zero AMC)
Account opening Free (online) Free (online)
Trading API Kotak Neo Trade API — See official API page ANT API — Free (per official page)
Reported execution speed ≈ 80 ms (median) Not Disclosed
Algo support Yes - via Neo Trade API Yes - free ANT API; partnerships with algo platforms
Platforms Kotak Neo app, Kotak Neo web, NEST terminal ANT Mobi, ANT Web
Best for (published) Kotak Bank customers wanting integrated broking with research. 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

Alice Blue publishes free equity delivery; Kotak Neo (Kotak Securities) does not (per official pricing at review). Kotak Neo (Kotak Securities) publishes an execution-speed figure; Alice Blue does not on verifiable sources.

Tools & profiles

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Frequently asked questions

Kotak Neo (Kotak Securities) vs Alice Blue: which has lower delivery brokerage?

At our last review, Kotak Neo (Kotak Securities) published delivery brokerage as "Plan-based - see official pricing (Trade Free plans)" 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 Kotak Neo (Kotak Securities) or Alice Blue have a trading API?

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

Which is faster — Kotak Neo (Kotak Securities) or Alice Blue?

Kotak Neo (Kotak Securities) publishes ≈ 80 ms (median). 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

  1. Kotak Neo (Kotak Securities) - official website - https://www.kotaksecurities.com
  2. Kotak Neo (Kotak Securities) - official pricing - https://www.kotaksecurities.com/pricing/
  3. Alice Blue - official website - https://aliceblueonline.com
  4. Alice Blue - official pricing - https://aliceblueonline.com/pricing/