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.
| Metric | Alice Blue | Pocketful |
|---|---|---|
| Delivery brokerage | ₹20 or 2.5% per order (whichever is lower); ₹0 on the Freedom (F20) plan | ₹0 (free; ₹0.01 minimum per order) |
| Intraday brokerage | ₹15–₹20 per order depending on plan - see official pricing | ₹20 or 0.03% per order (whichever is lower) |
| F&O brokerage | ₹15–₹20 per order depending on plan - see official pricing | ₹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.
What the published data shows
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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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); ₹0 on the Freedom (F20) plan" 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.
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