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ICICIdirect Vs Espresso Sharekhan (Compare ICICIdirect and Espresso Sharekhan)

ICICI Securities Pvt Ltd. Logo

About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc. ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tr... Know more about ICICI Securities Pvt Ltd.

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

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ICICIdirect Vs Espresso Sharekhan

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2020, Espresso Sharekhan is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.

  ICICIdirect Espresso Sharekhan
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE
Year of Incorporation 2000 2020
Number of Branches 154 0
Open ICICIdirect AccountOpen Espresso Sharekhan Account

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ICICIdirect Vs Espresso Sharekhan Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while Espresso Sharekhan account opening changes is Rs 354. ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and Espresso Sharekhan Demat Account AMC Charges is Rs 400.

  ICICIdirect Espresso Sharekhan
Trading Account Opening Charges Rs 0 (Free) Rs 354
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 300 (from 2nd year) Rs 400

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ICICIdirect Vs Espresso Sharekhan Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas Espresso Sharekhan brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lowe.

Account Type ICICIdirect ICICI Neo Plan Espresso Sharekhan Default
Fixed Charges NA
Equity Delivery 0.55% Rs 0 (Free)
Equity Intraday Rs 20 per order Rs 20 per executed order or .03% whichever is lowe
Equity Futures Rs 0 (Free) Rs 20 per executed order or .03% whichever is lowe
Equity Options Rs 20 per order Rs 20 per executed order
Currency Futures Rs 20 per order Rs 20 per executed order or .03% whichever is lowe
Currency Options Rs 20 per order Rs 20 per executed order
Commodity Futures Rs 20 per order Rs 20 per executed order or .03% whichever is lowe
Commodity Options Rs 20 per order Rs 20 per executed order
Special Offer
Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
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.

ICICIdirect Vs Espresso Sharekhan Brokerage Plan 2

  ICICIdirect Espresso Sharekhan
Account Type I-Secure Plan Default
Fixed Charges NA
Equity Delivery 0.55% Rs 0 (Free)
Equity Intraday 0.275% Rs 20 per executed order or .03% whichever is lowe
Equity Futures 0.05% Rs 20 per executed order or .03% whichever is lowe
Equity Options Rs 95 per lot Rs 20 per executed order
Currency Futures Rs 20 per order Rs 20 per executed order or .03% whichever is lowe
Currency Options Rs 20 per order Rs 20 per executed order
Commodity Futures Rs 20 per order Rs 20 per executed order or .03% whichever is lowe
Commodity Options Rs 20 per order Rs 20 per executed order
Open ICICIdirect AccountOpen Espresso Sharekhan Account

ICICIdirect Charges Vs Espresso Sharekhan

Minimum Brokerage Rs 35 per trade (I-Secure Plan) 0.03% in Intraday and F&O
Other Charges Margin Trading Interest: 0.025% Per day Equity Delivery Margin Order Brokerage: Rs 20 per trade
Call & Trade Charges Rs 50 per trade Rs 50 per executed order

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ICICIdirect Vs Espresso Sharekhan Transaction Charges

ICICIdirect transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Espresso Sharekhan exchange transaction charges for options is NSE 0.05% on premium.

  ICICIdirect Espresso Sharekhan
Equity Delivery NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%)
Equity Intraday NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%)
Equity Futures Rs 180 per Cr (0.0018%) NSE Rs 190 per Cr (0.0019%)
Equity Options Rs 5000 per Cr (0.05%) (on premium) NSE 0.05% on premium
Currency Futures Rs 120 per Cr (0.0012%) NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%)
Currency Options Rs 5000 per Cr (0.05%) (on premium) NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%)
Commodity Group A - Rs 260 per Cr (0.0026%) Non-Agri: Rs 260 per Cr (0.0026%) ; Agri: Rs 175 per Cr (0.00175%) except Castor Seed Rs 50 per Cr (
Open ICICIdirect AccountOpen Espresso Sharekhan Account

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ICICIdirect Vs Espresso Sharekhan Leverage (Margin)

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

  ICICIdirect Espresso Sharekhan
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 ICICIdirect AccountOpen Espresso Sharekhan Account

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Compare ICICIdirect and Espresso Sharekhan Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Espresso Sharekhan offers Mobile, Web and Installable Trading Terminal trading software.

  ICICIdirect Espresso Sharekhan
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App Mobile, Web and Installable Trading Terminal
Intraday Square-off Time 3:30 PM 3:10 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Open ICICIdirect AccountOpen Espresso Sharekhan Account

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ICICIdirect Vs Espresso Sharekhan Review

ICICIdirect is rated 2.4 of 5 based on 462 customer reviews whereas Espresso Sharekhan is rated 3.2 of 5 based on 67 customer reviews.

  ICICIdirect Espresso Sharekhan
  462 Customer Reviews    Rate ICICIdirect 67 Customer Reviews    Rate Espresso Sharekhan
Fees 2.2 3.4
Brokerage 1.7 3.3
Trading Platform 3.3 3.2
Customer Service 2.7 3.4
Research Capabilities 2.8 3.5
Overall Ratings Rated 2.4 stars Rated 3.2 stars
Broker Rating ICICIdirect is rated 2.4 of 5 based on 462 customer reviews Espresso Sharekhan is rated 3.2 of 5 based on 67 customer reviews

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Contact Broker / Request A Call Back

  ICICIdirect Enquire Espresso Sharekhan Enquire
Contact Broker ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now 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.

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ICICIdirect Vs Espresso Sharekhan Investment Options

  ICICIdirect Espresso Sharekhan
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS

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ICICIdirect Vs Espresso Sharekhan Order Type Offered

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

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ICICIdirect Vs Espresso Sharekhan Research Report

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

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ICICIdirect Vs Espresso Sharekhan Suitable For Investor Type

  ICICIdirect Espresso Sharekhan
Casual Investor Yes
Active Investor
Trader Yes

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ICICIdirect Vs Espresso Sharekhan - Pros and Cons

  ICICIdirect Espresso Sharekhan
Pros
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.
Cons
  • ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
  • Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hours of trading.
  • Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
  • Demat Account is mandatory.
  • Call & trade cost extra Rs 50 per trade in Neo/Prime Plans.
Reviews
Promo / Offers

ICICIdirect Special Offer

ICICIdirect Neo Plan (Discount Brokerage)

Open a 3-in-1 account with Neo Plan for:

  • Free Account Opening
  • Brokerage-Free Equity Futures trading
  • Flat Rs. 20 per trade brokerage in Options, Currency F&O and Commodity futures in BSE, NSE and MCX
  • Free trading tips
  • Get funds in your bank account in just 5 minutes of selling stocks

Interested in opening a trading account? Open Instant Account Now

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.

Open ICICIdirect AccountOpen Espresso Sharekhan Account

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