The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Account Opening Charges
FreeAccount Maintenance Charges
₹ 400Call & Trade Charges
₹ 50Equity Delivery Brokerage
ZeroEquity Intraday Brokerage
0.03%Equity Futures Brokerage
0.03%Equity Options Brokerage
₹ 20Currency Futures Brokerage
0.03%Currency Options Brokerage
₹ 20Commodity Futures Brokerage
0.03%Commodity Options Brokerage
₹ 20Equity Delivery Margin
0xEquity Intraday Margin
4xEquity Futures Margin
0xEquity Options Margin
0xCurrency Futures Margin
0xCurrency Options Margin
0xCommodity Futures Margin
0xCommodity Options Margin
0xSet of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Advantages and Strengths of this broker.
Disadvantages of this broker that it needs to improve upon.
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
Sharekhan is among the first brokers to establish an online trading platform. It caters to the requirements of all kinds of investors and traders. On average, Sharekhan executes more than 4,00,000 orders every day. Espresso is a company established by Sharekhan in September 2020 that focuses on providing discount broking services.
Friendly customer service representatives are available on call, email and live chat.
Live price tracking, timely advice with well-defined profit targets.
Educational articles on their blog segment, EspressoLogy Blog.
Dial-N-Trade helps you trade in assets over the telephone.
Online transfer activated with 12 banks, shortcut keys for quick access to place orders and execute transactions.
International market watch, advanced charts and tools to analyse and compare better.
Trade booster program, a 7-day course that would equip you with most concepts of the stock market and trading practices, is provided by Sharekhan’s subsidiary, Sharekhan Education.
Espresso Sharekhan offers a wide array of trading tools to ease the process and experience of beginner and advanced-level traders. Some of its tools are:
Espresso’s Web Trading Platform provides a tech-driven convenient interface for a quick and hassle-free trading experience. Following are the features provided by Espresso Web:
The Espresso Mobile App gives traders an elite experience with quick-to-access trading features and a user-friendly interface. Some prominent facets of the Espresso Mobile App are:
Binge
Created as a pro-trading platform, Binge eases trading with multiple market scanners, class charts and real-time feeds. Some major features of Binge are as follows:
|
CHARGES |
DELIVERY |
INTRADAY |
FUTURES |
OPTIONS |
|
Transaction Charges |
0.00345% - NSE 0.00345% - BSE |
0.00345% - NSE 0.00345% - BSE |
0.002% - NSE |
0.053% - NSE |
|
Demat Transaction Charges |
Sell-side, ₹ 250 per 100 shares |
- |
- |
- |
|
GST |
18% on Brokerage + Exchange Turn over Charges |
18% on Brokerage + Exchange Turn over Charges |
18% on Brokerage + Exchange Turn over Charges |
18% on Brokerage + Exchange Turn over Charges |
|
STT |
0.1% on buy & sell |
0.025% Sell-side |
0.02% Sell-side |
0.1% Sell-side |
|
SEBI Charges |
₹ 10 crore |
₹ 10 crore | ₹ 10 crore | ₹ 10 crore |
|
CHARGES |
FUTURES |
OPTIONS |
|
Transaction Charges |
0.0026% Non-Agri 0.00175% Agri Commodity |
- |
| Clearing Charges | 0.0003% | |
|
GST |
18% on Brokerage + Transaction Charges |
18% on Brokerage + Transaction Charges |
|
STT |
Sell-side, 0.01% - Non Agri |
Sell-side, 0.05% Options Exercise 0.125% on (Settlement Price * Quantity) |
|
SEBI Charges |
₹ 10 per crore (Non-Agri Commodity) ₹ 1 per crore (Agri Commodity) |
₹ 10 per crore (Non-Agri Commodity) ₹ 1 per crore (Agri Commodity) |
|
CHARGES |
FUTURES |
OPTIONS |
|
Transaction Charges |
0.0009% - NSE |
0.04% - NSE |
|
GST |
18% on Brokerage + Transaction Charges |
18% on Brokerage + Transaction Charges |
|
STT |
- |
- |
|
SEBI Charges |
₹ 10 per crore |
₹ 10 per crore |
Company name:
Espresso Financial Services Private Limited.Contact:
022 6767 2020Email:
support@myespresso.comActive Users:
7,06,522
The free demat account opening scheme is valid for a limited period. The annual maintenance charge is Rs.400 that is payable annually. The company also charges a significant amount for various other services provided.
You can open a demat and trading account in 15 minutes by following the below steps.
On the Sharekhan website, you will find a "Open an account" option. Clicking on this will take you to a separate window.
Enter your basic details like name, mobile number, email id, etc.
Upload a few documents for proof of identity, proof of address, proof of income, etc.
The broker will now verify the details and your demat and trading account will be activated.
Espresso Sharekhan app is an application-based trading platform that provides discount brokerage services. Its unique feature of “Pay Only When You Profit” makes it stand out from its peers.
You can open an account on Espresso's website or their app.
Enter your mobile number and click on "start/resume application".
Enter other basic details.
Upload the relevant documents for proof of identity, address and income.
Post verification of details and documents provided, your account will be activated.
Sharekhan is a full-service broker that provides four kinds of accounts based on your requirements and experience in trading. A separate account is required to be opened if you wish to invest in mutual funds. You can open a demat and trading account, either offline or online and start trading in the various asset classes that the broker provides.
The opening of an account is absolutely free on Sharekhan. However, an amount of Rs.400 is charged as annual maintenance charge. The brokerage fee depends upon the nature and quantum of each transaction.
It is not possible for one to open more than one demat account with Sharekhan. One can have more than one demat account.
Sharekhan is one of the best and most trusted providers of mutual funds in India. Though it does not provide direct mutual funds like some of its peers, Sharekhan provides other benefits. It does not charge any brokerage or entry load, and the personal relationship manager assigned provides best and implementable advice. Also, opening a mutual fund account with Sharekhan is almost instant and completely paperless.
Espresso is a discount broker company of Sharekhan, wherein individuals can open a demat and trading account and trade in various financial assets. It provides dynamic alert tools, synchronised watchlists and free scanners.
The section “Withdraw funds” will help you check the amount that can be withdrawn. The espresso website and the app provides a link to request to place a withdrawal request. Your withdrawal request will be accepted subject to certain conditions.
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