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Espresso Sharekhan Stock Trading, Demat, Brokerage and Reviews 2024


Espresso Sharekhan Account Opening Enquiry

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.

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 charge flat Rs 20 per trade brokerage in Intraday and F&O.

Espresso offers margin funding and leverage products like MIS and MIS+ that enhance Intraday trading capacity in Nifty and Bank Nifty Options trading. Espresso provides users with regular updates on their products and services through the Espressology blog space and access to the online Trade Booster Program at discounted price for Espresso customers. Espresso customers can also enjoy a one-year free subscription to Moneyflix, the world's first financial movies platform.

Espresso has its own trading platforms - Espresso (Mobile App and Website and Binge (desktop trading platform) that provide a seamless trading experience to the investors.

Espresso Sharekhan USP

What makes Espresso Sharekhan different from the competition?

  • Part of popular Sharekhan broker (BNP Paribas).
  • Brokerage free equity delivery trades.
  • 'Pay Only When You Profit Model' for intraday trades.
  • Pre-IPO Apply feature.
  • Split order Functionality for Equity Futures and Options.

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.


Espresso Sharekhan Charges 2024

Espresso offers brokerage-free Equity Delivery trading (regular order) and charges flat Rs 20 per trade for trading in intraday and F&O. Espresso follows Pay Only When You Profit model, wherein you pay zero brokerage on loss-making intraday trades.

Espresso Brokerage Charges

Segment

Brokerage Charges

Equity Delivery

Normal Order: Nil

Equity Intraday

Rs 20 per executed order or 0.03% whichever is lower.

Equity Futures

Rs 20 per executed order or 0.03% whichever is lower.

Equity Options

Rs 20 for every executed order.

Currency Futures

Rs 20 per executed order or 0.03% whichever is lower.

Currency Options

Rs 20 for every executed order.

Commodity Futures

Rs 20 per executed order or 0.03% whichever is lower.

Commodity Options

Rs 20 for every executed order.

Note:

  1. If you make a loss in an Intraday trade, Espresso charges zero brokerage on the loss-making square-off leg. You only pay the taxes.
  2. For Equity Delivery margin order, Espresso charges 0.1% or Rs 20, whichever is lower.
  3. You also need to pay other transaction and regulatory charges, Demat charges, in addition to the brokerage.
  4. Other charges levied by Espresso include:
    • Auto Square-off charges/Call and Trade Facility : Rs 50 per executed order
    • Buyback/NFO/OFS Order Charges: Rs 20 per order.
    • Payment Gateway Charges: Nil charges for fund transfers from Axis Bank, HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank, Kotak Mahindra Bank, and Rs. 9 for other banks.
    • Physical Document Charges (includes Contract Note, ledger statements, CP Client Master form) Up to 10 pages: Rs 100 and 11 pages or more: Rs 250.

Visit Espresso Sharekhan Brokerage Charges Review for more detail.

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.

Espresso Sharekhan Online Account Opening

Espresso offers a simple, instant, and paperless online account opening facility. Click here to open an account online in just 15 minutes. You could also download the Espresso Mobile App or register on the company website with your mobile number.

Espresso charges Rs 354 towards account opening (currently waived off) with zero maintenance charges for the first year.


Espresso Sharekhan Trading Software (Espresso Sharekhan Trading Platforms)

Espresso offers three online trading platforms and Call and Trade facility to its customers for convenient trading.

  1. Espresso Mobile App

    Espresso Mobile App is a safe and secured App offered at zero cost to trade anytime, anywhere at your fingertips. Espresso Mobile App is available for Android smartphone and iPhone users with a host of features like a user-friendly interface, voice search tool, Auto margin calculator, advanced charts, few click order placements, market scanners, corporate announcements, etc.

  2. Espresso Web Platform

    Espresso offers a powerful and feature-rich trading website that can be accessed from any web browser to trade across Stocks, Equity, Currency, Commodity, and IPO.

  3. Binge (Espresso Desktop Platform)

    Binge is an installable trading terminal designed for pro-traders with features like multiple market scanners, One-click view indices, a Super-quick price update, viewing and operating six charts with a single click, etc.

  4. Dial-N-Trade facility

    Espresso also allows its customers to place an order via phone call at an extra charge of Rs 50 per order. This facility assists trading in case you cannot access the platforms.

 

Visit Espresso Sharekhan Trading Software Review for more detail.

Espresso Sharekhan Account Opening Enquiry

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.

Espresso Sharekhan Pros and Cons


Espresso Sharekhan Pros (Advantages)

The following are the advantages of Espresso Sharekhan. You must read Espresso Sharekhan advantages and disadvantages before opening an account with Espresso Sharekhan. Espresso Sharekhan pros and cons help you find if it suits your investment needs.

  1. Brokerage on Equity Delivery trades is free.
  2. Brokerage on loss-making intraday trades is free.
  3. Demat AMC (Rs 400) is free for 1st year.
  4. Margin funding facility.
  5. Instant paperless account opening.
  6. One-year free subscription to Moneyflix.
  7. Range of leverage products.
  8. Online Trade Booster Program at discounted rates.
  9. Faster Fund transfer.
  10. Split Order functionality for Equity Futures and Options.

Espresso Sharekhan Cons (Disadvantages)

The following are the cons of Espresso Sharekhan. Check the list of Espresso Sharekhan drawbacks.

  1. No branch support.
  2. Call & trade is available at an additional fee of Rs 50 per executed order.
  3. Expresso doesn't offer NRI Trading Account.
  4. Lifetime free AMC Demat account plans are not available. Demat AMC is free for 1st year.
  5. Doesn't offer a 3-in-1 account.

Open Instant Account with Espresso Sharekhan

Espresso Sharekhan Margin Exposure

Espresso Sharekhan margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Espresso Sharekhan F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Espresso Sharekhan F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value for T+5 days1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure + Delivery margin)1x

Espresso Sharekhan Ratings

Overall Rating Rated 3.2 stars 3.2/5
Fees Rated 3.4 stars 3.4/5
Brokerage Rated 3.3 stars 3.3/5
Usability Rated 3.3 stars 3.3/5
Customer Service Rated 3.3 stars 3.3/5
Research Capabilities Rated 3.4 stars 3.4/5

Based on 69 Votes by Espresso Sharekhan Customers

Do you trade with Espresso Sharekhan? Rate Espresso Sharekhan




Espresso Sharekhan NRI Account

Espresso (Sharekhan) does not offer NRI trading and Demat services.

Sharekhan, the parent company of Espresso does offer NRI trading account. Read more about it at Sharekhan NRI Account Review.


Frequently Asked Questions

  1. 1. Is Espresso Sharekhan Website?

    Espresso is an online discount broking platform launched by Sharekhan in 2020. It is part of Sharekhan Ltd but it offers only online trading services.

    Espresso follows a unique pricing model wherein you pay zero brokerage on loss-making Intra-day trades and Equity Delivery trades. You can trade in Equity, F&O, Currency, Commodity, and IPO through Espresso mobile app, web-based platform, and trading terminal.

     

     

  2. 2. Is Espresso a broker?

    Yes, Espresso is an online discount broking platform launched by Sharekhan in 2020.

    Espresso is a SEBI registered broker with a membership of NSE, BSE, and MCX in the name of Sharekhan Comtrade Private Limited. Espresso also offers depository services through its membership with CDSL. Espresso provides trading and investment opportunities across multiple asset classes like Equity, Derivatives, Currency, Commodity, and IPO.

     

     

  3. 3. What is Espresso?

    Espresso is the new online discount broking platform by Sharekhan to offer low-cost trading and investment services across Stocks, F&O, Currency, and Commodity.

    Espresso has a unique brokerage pricing methodology wherein it charges no brokerage on loss-making trades. Espresso offers powerful trading platforms to its customers for convenient trading.

    Espresso is the brand name of Sharekhan's discount broking arm registered with SEBI under the name of Sharekhan Comtrade Private Limited.

     

     

  4. 4. How Espresso works?

    Espresso is an online discount broking platform that offers to trade across Equities, Currency, and Commodity through their mobile app, web-based trading platform, or desktop application.

    Espresso charges zero brokerage for Equity delivery trades. If you make a loss in Intraday trades, you pay no brokerage on the loss-making leg. The maximum brokerage charged by Espresso across segments is Rs 20.

    Espresso does not offer tips or recommendations but allows access to various information and programs that help make an informed decision.

     

     

  5. 5. Does Espresso allow IPO?

    Espresso allows its customers to apply for IPOs through Espresso Mobile App and Myespresso website. The investors can apply for an IPO using the UPI payment gateway or Net Banking.

    Espresso also offers a unique Pre Apply IPO feature to its customers that allows them to apply for IPO even before the IPO opens for the subscription.

     

     

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.

6 Comments

6. Balaji S   I Like It. |Report Abuse|  Link|December 13, 2023 3:57:41 PMReply
At the time of account opening, the Customer Service said their platform allows you to apply in SME IPOs. But, that is not true after I opened and found it. They seem to only care to get customers boarded at any cost with false information.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Very Poor
5. Balaji S   I Like It. |Report Abuse|  Link|December 13, 2023 3:48:49 PMReply
Since I have been a longterm user of Sharekhan and generally found it good for my both investment and IPO needs in regular and SME categories, I recommended Espresso to my brother thinking its just the discount-brokerage format providing same services. Since my brother had been with Groww where he couldn't apply for SME IPOs, I suggested moving to Espresso after checking with Espresso team.

At the time of opening, a CRM named Ankita answers saying this:
*Our trading platform and Bidding application allow you to apply for SME IPOs*. But, once you invested all the time and effort in opening, you dont see SME IPOs. Customer care and further follow ups tell they dont support have this service and they dont have a timeline too when it is coming in future.

Its ok to tell what you dont support. But, for the sake of new customer targets, these people take you for a ride. Complete disappointment!

4. Sumanto kumar mohanta   I Like It. |Report Abuse|  Link|August 25, 2023 11:45:40 AMReply
Espresso steal my money for example if I buy a stock @ 741 and I gave my book profit order at 751 .. they simply execute my book profit order @ 750.60.. when I talk to customer care they replied me saying that your order is at 750.30.
Don't open account on Espresso

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
3. Raju Mukherjee   I Like It. |Report Abuse|  Link|August 20, 2023 11:33:23 PMReply
First App after zerodha is good but their mobile app interface cumbersome so was their opening process, should adopt features from dhan and zerodha execution is fast no issue there have issue margin they don't show margin benefit in sell after buy.
Still trying it for two month now no issue still mostly positional trade though , guys remember brokerage and amc don't count if you know how to make work for you only novice think that way
2. Sanjay Das   I Like It. |Report Abuse|  Link|September 15, 2022 10:43:35 PMReply
Very nice software user friendly. Chart display and other tools are very nice.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Average
Customer Service - Above Average
Overall Experience - Above Average
1. Rajesh Devarajan   I Like It. |Report Abuse|  Link|May 5, 2022 11:00:40 PMReply
Only opening the account is cumbersome..
Loved their app..

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Average
Overall Experience - Above Average

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