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About Espresso Sharekhan
Espresso is an online discount broking business of Sharekhan Limited. It was launched by Sharekhan in the year 2020 to compete with online flat fee brokers like Zerodha and Upstox. Espresso is a SEBI registered broker and a member of BSE, NSE, MCX, and CDSL. Espresso offers to trade in Stocks, Equity Derivatives, Currency, and Commodity trading.
Espresso charges zero brokerage for Equity Delivery trades and on loss-making intraday trades. It follows Pay Only When You Profit pricing model. They... 
About Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL.
The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers.
Indira Securities offers both traditional and discount brokerage plans. In the ...
Incorporated in 2020, Espresso Sharekhan is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India. Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.
| Espresso Sharekhan | Indira Securities | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX and NCDEX |
| Year of Incorporation | 2020 | 1987 |
| Number of Branches | 0 | 335 |
| Open Espresso Sharekhan Account |
Espresso Sharekhan trading account opening charges is Rs 354 while Indira Securities account opening changes is Rs 0 (Free). Espresso Sharekhan Demat Account AMC Charges is Rs 400 and Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year).
| Espresso Sharekhan | Indira Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 354 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 400 | Rs 450 (Free for 1st year) |
Espresso Sharekhan brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lowe whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.
| Account Type | Espresso Sharekhan Default | Indira Securities Traditional Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 (Free) | 0.10% |
| Equity Intraday | Rs 20 per executed order or .03% whichever is lowe | 0.01% |
| Equity Futures | Rs 20 per executed order or .03% whichever is lowe | 0.01% |
| Equity Options | Rs 20 per executed order | Rs 25 per lot (both side) |
| Currency Futures | Rs 20 per executed order or .03% whichever is lowe | 0.01% |
| Currency Options | Rs 20 per executed order | Rs 25 per lot (both side) |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lowe | 0.01% |
| Commodity Options | Rs 20 per executed order | Rs 25 per lot (both side) |
| Special Offer | Special Offer: Zero Account Opening Fee + brokerage-free Equity Delivery + Pay only when you profit in Intraday. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Espresso by Sharekhan and start trading today. |
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
| Espresso Sharekhan | Indira Securities | |
|---|---|---|
| Account Type | Default | Discount Brokerage Plan |
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 (Free) | Rs 20 per executed order |
| Equity Intraday | Rs 20 per executed order or .03% whichever is lowe | Rs 20 per executed order |
| Equity Futures | Rs 20 per executed order or .03% whichever is lowe | Rs 20 per executed order |
| Equity Options | Rs 20 per executed order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or .03% whichever is lowe | Rs 20 per executed order |
| Currency Options | Rs 20 per executed order | Rs 20 per executed order |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lowe | Rs 20 per executed order |
| Commodity Options | Rs 20 per executed order | Rs 20 per executed order |
| Open Espresso Sharekhan Account |
| Minimum Brokerage | 0.03% in Intraday and F&O | Rs 20 per executed order |
| Other Charges | Equity Delivery Margin Order Brokerage: Rs 20 per trade | |
| Call & Trade Charges | Rs 50 per executed order | Rs 0 (Free) |
Espresso Sharekhan transaction charges for options is NSE 0.05% on premium while Indira Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).
| Espresso Sharekhan | Indira Securities | |
|---|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) | NSE Rs 325 per Cr (0.00325%) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) | NSE Rs 325 per Cr (0.00325%) |
| Equity Futures | NSE Rs 190 per Cr (0.0019%) | NSE Rs 190 per Cr (0.0019%) |
| Equity Options | NSE 0.05% on premium | NSE Rs 5000 per Cr (0.05%) (on premium) |
| Currency Futures | NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%) | NSE Rs 120 per Cr (0.0012%) |
| Currency Options | NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) | NSE Rs 500 per Cr (0.005%) (on premium) |
| Commodity | Non-Agri: Rs 260 per Cr (0.0026%) ; Agri: Rs 175 per Cr (0.00175%) except Castor Seed Rs 50 per Cr ( | Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%) |
| Open Espresso Sharekhan Account |
Espresso Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Indira Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Espresso Sharekhan | Indira Securities | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Espresso Sharekhan Account |
The trading platforms offered Espresso Sharekhan include Mobile, Web and Installable Trading Terminal. Indira Securities offers ODIN trading software.
| Espresso Sharekhan | Indira Securities | |
|---|---|---|
| 3 in 1 Account |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | Mobile, Web and Installable Trading Terminal | ODIN |
| Intraday Square-off Time | 3:10 PM | 3:15 PM |
| Trading In SME Shares Allowed? | ||
| Referral Program | |
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| Other Features | ||
| Open Espresso Sharekhan Account |
Espresso Sharekhan is rated 3.2 of 5 based on 67 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 4 customer reviews.
| Espresso Sharekhan | Indira Securities | |
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67 Customer Reviews  |
4 Customer Reviews |
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| Broker Rating | Espresso Sharekhan is rated 3.2 of 5 based on 67 customer reviews | Indira Securities is rated 4.0 of 5 based on 4 customer reviews |
| Espresso Sharekhan Enquire | Indira Securities Enquire | |
|---|---|---|
| Contact Broker | Zero Account Opening Fee + brokerage-free Equity Delivery + Pay only when you profit in Intraday. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Espresso by Sharekhan and start trading today. | FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
| Espresso Sharekhan | Indira Securities | |
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| Espresso Sharekhan | Indira Securities | |
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| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Open Espresso Sharekhan Account |
| Espresso Sharekhan | Indira Securities | |
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| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Espresso Sharekhan | Indira Securities | |
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| Casual Investor | ||
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| Espresso Sharekhan | Indira Securities | |
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| Promo / Offers | Espresso Sharekhan Special OfferFree Equity Delivery Trading + Pay only when you profit in Intraday
This is a limited-time offer. Open Instant Espresso Account online and start trading today. |
Indira Securities Special OfferFree Equity Delivery TradingGet FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. |
| Open Espresso Sharekhan Account |
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