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Espresso Sharekhan Vs RMoney (Compare Espresso Sharekhan and RMoney)

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

Raghunandan Capital Pvt Ltd Logo

About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is an Gift City, Gandhinagar, Gujarat-based financial service provider. The company offers a range of financial products and services. These include Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds, and Corporate FDRs. Raghunandan Money is a member of NSE, BSE, MCX, NCDEX, and CDSL. The company is among the top 5 commodity brokers in India. It contributes over 8% of NCDEX daily and 4% of MCX turnover. It has ... Know more about Raghunandan Capital Pvt Ltd

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Espresso Sharekhan Vs RMoney

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

  Espresso Sharekhan RMoney
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX, NCDEX
Year of Incorporation 2020
Number of Branches 0
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Espresso Sharekhan Vs RMoney Charges & AMC

Espresso Sharekhan trading account opening charges is Rs 354 while RMoney account opening changes is Rs 0 (Free). Espresso Sharekhan Demat Account AMC Charges is Rs 400 and RMoney Demat Account AMC Charges is Rs 299 (Free for first year).

  Espresso Sharekhan RMoney
Trading Account Opening Charges Rs 354 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 299 (Free for first year)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 400 Rs 299 (Free for first year)

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Espresso Sharekhan Vs RMoney 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 RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.

Account Type Espresso Sharekhan Default RMoney Rs 9 Per Trade Plan
Fixed Charges NA
Equity Delivery Rs 0 (Free) Rs 9 per executed order
Equity Intraday Rs 20 per executed order or .03% whichever is lowe Rs 9 per executed order
Equity Futures Rs 20 per executed order or .03% whichever is lowe Rs 9 per executed order
Equity Options Rs 20 per executed order Rs 9 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lowe Rs 9 per executed order
Currency Options Rs 20 per executed order Rs 9 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lowe Rs 9 per executed order
Commodity Options Rs 20 per executed order Rs 9 per executed 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.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Espresso Sharekhan Vs RMoney Brokerage Plan 2

  Espresso Sharekhan RMoney
Account Type Default Rs 999 Per Month Trade Plan
Fixed Charges Rs 999
Equity Delivery Rs 0 (Free) Rs 0
Equity Intraday Rs 20 per executed order or .03% whichever is lowe Rs 0
Equity Futures Rs 20 per executed order or .03% whichever is lowe Rs 0
Equity Options Rs 20 per executed order Rs 0
Currency Futures Rs 20 per executed order or .03% whichever is lowe Rs 0
Currency Options Rs 20 per executed order Rs 0
Commodity Futures Rs 20 per executed order or .03% whichever is lowe Rs 0
Commodity Options Rs 20 per executed order Rs 0
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Espresso Sharekhan Charges Vs RMoney

Minimum Brokerage 0.03% in Intraday and F&O Rs 0
Other Charges Equity Delivery Margin Order Brokerage: Rs 20 per trade Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges Rs 50 per executed order Rs 0 (Unlimited Calls)

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Espresso Sharekhan Vs RMoney Transaction Charges

Espresso Sharekhan transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Espresso Sharekhan RMoney
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (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 ( MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
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Espresso Sharekhan Vs RMoney Leverage (Margin)

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

  Espresso Sharekhan RMoney
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)
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Compare Espresso Sharekhan and RMoney Features

The trading platforms offered Espresso Sharekhan include Mobile, Web and Installable Trading Terminal. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

  Espresso Sharekhan RMoney
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo No Yes
Online Portfolio Yes Yes
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 RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time 3:10 PM Equity 3:15 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features
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Espresso Sharekhan Vs RMoney Review

Espresso Sharekhan is rated 3.2 of 5 based on 69 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.

  Espresso Sharekhan RMoney
  69 Customer Reviews    Rate Espresso Sharekhan 5 Customer Reviews    Rate RMoney
Fees 3.4 4.4
Brokerage 3.3 4.2
Trading Platform 3.3 3.4
Customer Service 3.3 3.8
Research Capabilities 3.4 2.0
Overall Ratings Rated 3.2 stars Rated 3.2 stars
Broker Rating Espresso Sharekhan is rated 3.2 of 5 based on 69 customer reviews RMoney is rated 3.2 of 5 based on 5 customer reviews

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Contact Broker / Request A Call Back

  Espresso Sharekhan Enquire RMoney 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. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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Espresso Sharekhan Vs RMoney Investment Options

  Espresso Sharekhan RMoney
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 Corporate FD, Life Instance, General Insurance

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Espresso Sharekhan Vs RMoney Order Type Offered

  Espresso Sharekhan RMoney
Bracket Order Yes Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
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Espresso Sharekhan Vs RMoney Research Report

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

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Espresso Sharekhan Vs RMoney Suitable For Investor Type

  Espresso Sharekhan RMoney
Casual Investor Yes
Active Investor Yes
Trader Yes Yes

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Espresso Sharekhan Vs RMoney - Pros and Cons

  Espresso Sharekhan RMoney
Pros
  1. Offer both discount brokerage as well as full-service brokerage plans.
  2. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment
  3. ODIN trading platform is available free of cost to all customers.
  4. Unlimited free Call & Trades.
  5. Local branches in major cities across North India.
  6. Free tips, research and news alerts.
  7. Online paperless instant account opening.
Cons
  1. RMoney QUICK Mobile Trading app is under active development. The app has performance and stability issues. App also missing key features which are part of competitor's trading app.
  2. Margin funding is not available.
  3. GTC/GTD not available in Equity.
  4. NRI Account is not available.
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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.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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