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Espresso Sharekhan Vs TradeSmart (Compare Espresso Sharekhan and TradeSmart)

Espresso Sharekhan Logo

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... Know more about Espresso Sharekhan

VNS Finance & Capital Services Ltd Logo

About TradeSmart
TradeSmart is a Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmart is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorporated in 1994 to offer brokerage service to Indian Stock, Commodity & Currency market investors and trades through franchisee and sub brokers. TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodities and depository service of... Know more about VNS Finance & Capital Services Ltd

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Espresso Sharekhan Vs TradeSmart

Incorporated in 2020, Espresso Sharekhan is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Espresso Sharekhan TradeSmart
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX
Year of Incorporation 2020 1994
Number of Branches 0 1
Open Espresso Sharekhan AccountOpen TradeSmart Account

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Espresso Sharekhan Vs TradeSmart Charges & AMC

Espresso Sharekhan trading account opening charges is Rs 354 while TradeSmart account opening changes is Rs 200. Espresso Sharekhan Demat Account AMC Charges is Rs 400 and TradeSmart Demat Account AMC Charges is Rs 300.

  Espresso Sharekhan TradeSmart
Trading Account Opening Charges Rs 354 Rs 200
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 200
Demat Account AMC Charges Rs 400 Rs 300

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Espresso Sharekhan Vs TradeSmart Brokerage

Espresso Sharekhan brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lowe whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

Account Type Espresso Sharekhan Default TradeSmart Power Plan
Fixed Charges NA
Equity Delivery Rs 0 (Free) Rs 15 per order
Equity Intraday Rs 20 per executed order or .03% whichever is lowe Rs 15 per order
Equity Futures Rs 20 per executed order or .03% whichever is lowe Rs 15 per order
Equity Options Rs 20 per executed order Rs 15 per order
Currency Futures Rs 20 per executed order or .03% whichever is lowe Rs 15 per order
Currency Options Rs 20 per executed order Rs 15 per order
Commodity Futures Rs 20 per executed order or .03% whichever is lowe Rs 15 per order
Commodity Options Rs 20 per executed order Rs 15 per order
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: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

Espresso Sharekhan Vs TradeSmart Brokerage Plan 2

  Espresso Sharekhan TradeSmart
Account Type Default Value Plan
Fixed Charges
Equity Delivery Rs 0 (Free) 0.07%
Equity Intraday Rs 20 per executed order or .03% whichever is lowe 0.007%
Equity Futures Rs 20 per executed order or .03% whichever is lowe 0.007%
Equity Options Rs 20 per executed order Rs 7 Per Lot
Currency Futures Rs 20 per executed order or .03% whichever is lowe 0.007%
Currency Options Rs 20 per executed order Rs 7 Per Lot
Commodity Futures Rs 20 per executed order or .03% whichever is lowe 0.007%
Commodity Options Rs 20 per executed order Rs 7 Per Lot
Open Espresso Sharekhan AccountOpen TradeSmart Account

Espresso Sharekhan Charges Vs TradeSmart

Minimum Brokerage 0.03% in Intraday and F&O Rs 15 per executed order
Other Charges Equity Delivery Margin Order Brokerage: Rs 20 per trade Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges Rs 50 per executed order Rs 20 per executed order

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Espresso Sharekhan Vs TradeSmart Transaction Charges

Espresso Sharekhan transaction charges for options is NSE 0.05% on premium while TradeSmart exchange transaction charges for options is 0.0715%.

  Espresso Sharekhan TradeSmart
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) 0.0035%
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) 0.0035%
Equity Futures NSE Rs 190 per Cr (0.0019%) 0.0024%
Equity Options NSE 0.05% on premium 0.0715%
Currency Futures NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%) 0.00165%
Currency Options NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) 0.06%
Commodity Non-Agri: Rs 260 per Cr (0.0026%) ; Agri: Rs 175 per Cr (0.00175%) except Castor Seed Rs 50 per Cr ( 0.0039%
Open Espresso Sharekhan AccountOpen TradeSmart Account

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Espresso Sharekhan Vs TradeSmart Leverage (Margin)

Espresso Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the TradeSmart margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Espresso Sharekhan TradeSmart
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 AccountOpen TradeSmart Account

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Compare Espresso Sharekhan and TradeSmart Features

The trading platforms offered Espresso Sharekhan include Mobile, Web and Installable Trading Terminal. TradeSmart offers NEST, NOW, Spin trading software.

  Espresso Sharekhan TradeSmart
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo No Yes
Online Portfolio Yes No
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Mobile, Web and Installable Trading Terminal NEST, NOW, Spin
Intraday Square-off Time 3:10 PM Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Trading In SME Shares Allowed?
Referral Program Yes Yes
Other Features
Open Espresso Sharekhan AccountOpen TradeSmart Account

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Espresso Sharekhan Vs TradeSmart Review

Espresso Sharekhan is rated 3.2 of 5 based on 67 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

  Espresso Sharekhan TradeSmart
  67 Customer Reviews    Rate Espresso Sharekhan 67 Customer Reviews    Rate TradeSmart
Fees 3.4 3.8
Brokerage 3.3 4.4
Trading Platform 3.2 3.8
Customer Service 3.4 4.0
Research Capabilities 3.5 2.7
Overall Ratings Rated 3.2 stars Rated 4.0 stars
Broker Rating Espresso Sharekhan is rated 3.2 of 5 based on 67 customer reviews TradeSmart is rated 4.0 of 5 based on 67 customer reviews

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Contact Broker / Request A Call Back

  Espresso Sharekhan Enquire TradeSmart 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. Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

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Espresso Sharekhan Vs TradeSmart Investment Options

  Espresso Sharekhan TradeSmart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options

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Espresso Sharekhan Vs TradeSmart Order Type Offered

  Espresso Sharekhan TradeSmart
Bracket Order Yes Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
Open Espresso Sharekhan AccountOpen TradeSmart Account

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Espresso Sharekhan Vs TradeSmart Research Report

  Espresso Sharekhan TradeSmart
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

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Espresso Sharekhan Vs TradeSmart Suitable For Investor Type

  Espresso Sharekhan TradeSmart
Casual Investor
Active Investor Yes
Trader Yes Yes

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Espresso Sharekhan Vs TradeSmart - Pros and Cons

  Espresso Sharekhan TradeSmart
Pros
  • Unlike most of the discount brokers; TradeSmart offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
  • TSO offers to invest in Mutual Funds, Bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
  • Excellent referral benefits are available. The customer receives 10% credit of the brokerage generated by the clients referred by them.
  • No minimum amount is needed to open or maintain a trading account with TSO.
  • Customer service is available through live chat on its website. This is very convenient for many customers.
  • TradeSmart is in the stock broking industry since 1994.
  • TSO's online knowledgebase has a lot of information which is helpful for most customers.
Cons
  • Call and Trade is charged at extra Rs 20 per executed order.
  • Physical contract notes Rs 20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20.
  • 24/7 customer service is not available.
  • Facility to invest in IPO's is not available.
  • Doesn't provide daily market report, free tips, news alerts and technical analysis.
  • 3-in-1 accounts are not available as company doesn't provide banking services.
Reviews Useful Articles:
Promo / Offers

Espresso Sharekhan Special Offer

Free Equity Delivery Trading + Pay only when you profit in Intraday

  • Zero Account Opening Fee +
  • Brokerage-free Equity Delivery and loss making intraday trades +
  • Flat Rs 20 per trade brokerage for Intraday (profit trades) & F&O +
  • Trade with trusted sharekhan brand.

This is a limited-time offer. Open Instant Espresso Account online and start trading today.

TradeSmart Special Offer

Flat Rs 15 per trade

  • Flat Rs 15 per trade across all segments +
  • Get Margin against your shares +
  • API for alog trading.

This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.

Open Espresso Sharekhan AccountOpen TradeSmart Account

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