The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Account Opening Charges
FreeAccount Maintenance Charges
₹ 400Call & Trade Charges
₹ 50Equity Delivery Brokerage
ZeroEquity Intraday Brokerage
0.03%Equity Futures Brokerage
0.03%Equity Options Brokerage
₹ 20Currency Futures Brokerage
0.03%Currency Options Brokerage
₹ 20Commodity Futures Brokerage
0.03%Commodity Options Brokerage
₹ 20Equity Delivery Margin
0xEquity Intraday Margin
4xEquity Futures Margin
0xEquity Options Margin
0xCurrency Futures Margin
0xCurrency Options Margin
0xCommodity Futures Margin
0xCommodity Options Margin
0xSet of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Advantages and Strengths of this broker.
Disadvantages of this broker that it needs to improve upon.
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
Sharekhan is among the first brokers to establish an online trading platform. It caters to the requirements of all kinds of investors and traders. On average, Sharekhan executes more than 4,00,000 orders every day. Espresso is a company established by Sharekhan in September 2020 that focuses on providing discount broking services.
Friendly customer service representatives are available on call, email and live chat.
Live price tracking, timely advice with well-defined profit targets.
Educational articles on their blog segment, EspressoLogy Blog.
Dial-N-Trade helps you trade in assets over the telephone.
Online transfer activated with 12 banks, shortcut keys for quick access to place orders and execute transactions.
International market watch, advanced charts and tools to analyse and compare better.
Trade booster program, a 7-day course that would equip you with most concepts of the stock market and trading practices, is provided by Sharekhan’s subsidiary, Sharekhan Education.
Myespresso is a website version of the discount broker. Not only does the website allow a user to create an account and trade, but it also provides features like unique pricing, which allows you to skip brokerage on losses incurred and a trade booster program that will help one understand stock market concepts better. The recently launched MIS+ feature helps one earn higher leverage for intraday trading on NIFTY and bank NIFTY options. One can also refer espresso using their referral link to their acquaintances and earn rewards.
The application version of the discount broker is Espresso App that is available on both iOS and Android. It is a user-friendly app that helps users get their desired results in a few clicks. The application provides a voice search tool that is very efficient. The watchlist allows a user to add up to 100 scrips and also provides a shortcut bar that will quicken the trading process. One can track the top performers and also, the app does allow to set alerts for the various corporate announcements and actions.
Binge
Binge is a downloadable version, accessible on a desktop. This platform focuses on further easing a user’s trading experience. You can customise your watchlist that will automatically show on your website and app also. It also allows you to track peer performance, 52 weeks high and low, which will aid in better decision making. The procedure to place an order is quick and simple. Users can customise their menu bar and also view and operate up to 6 charts with a single click.
|
CHARGES |
DELIVERY |
INTRADAY |
FUTURES |
OPTIONS |
|
Transaction Charges |
0.00345% - NSE 0.003% - BSE |
0.00325% - NSE 0.003% - BSE |
0.002% - NSE |
0.053% - NSE |
|
Demat Transaction Charges |
Sell-side, ₹ 250 per 100 shares |
- |
- |
- |
|
GST |
18% on Brokerage + Exchange Turn over Charges |
18% on Brokerage + Exchange Turn over Charges |
18% on Brokerage + Exchange Turn over Charges |
18% on Brokerage + Exchange Turn over Charges |
|
STT |
0.1% on buy & sell |
0.025% Sell-side |
0.01% Sell-side |
0.05% Sell-side |
|
SEBI Charges |
0.00005% of turnover |
0.00005% of turnover |
0.00005% of turnover |
0.00005% of turnover |
|
CHARGES |
FUTURES |
OPTIONS |
|
Transaction Charges |
0.0026% Non-Agri 0.00175% Agri Commodity |
- |
| Clearing Charges | 0.0003% | |
|
GST |
18% on Brokerage + Transaction Charges |
18% on Brokerage + Transaction Charges |
|
STT |
Sell-side, 0.01% - Non Agri |
Sell-side, 0.05% Options Exercise 0.125% on (Settlement Price * Quantity) |
|
SEBI Charges |
₹ 5 per crore (Non-Agri Commodity) ₹ 1 per crore (Agri Commodity) |
₹ 5 per crore (Non-Agri Commodity) ₹ 1 per crore (Agri Commodity) |
|
CHARGES |
FUTURES |
OPTIONS |
|
Transaction Charges |
0.0009% - NSE |
0.04% - NSE |
|
GST |
18% on Brokerage + Transaction Charges |
18% on Brokerage + Transaction Charges |
|
STT |
- |
- |
|
SEBI Charges |
₹ 5 per crore |
₹ 5 per crore |
Company name:
Sharekhan Comtrade Private LimitedContact:
022 6767 2020Email:
support@myespresso.com
Select makes sure that you get the #AchhiShuruat by helping you open your ideal investment account based on your requirements.
The right broker will take good care of your hard-earned money. At Select you will find only carefully chosen brokers that are prominent in their space. Check important details like ratings, services offered, reviews, pros & cons etc. of various brokers before opening an investment account. Here you’ll also get specialized technical reviews (along with the customer reviews) based on first-hand experience.
Disclosure:
Excessive trading is injurious to your financial health, it will benefit only your broker (and us). Opening an account through Finology Select does not cost you anything extra. Finology Consultancy Services Private Limited and its associates are authorized/marketing partners of brokers listed on Select.
Please be informed that the charges (and leverage) mentioned are indicative and are subject to change based on government regulations & SEBI compliances. Select doesn't offer investment advice in any form. It is just a medium to compare the brokers on various criteria and make a selection.
Invest and trade carefully only after gathering relevant information and carrying out thorough research. Please be aware of the risk-factor while trading (specially in derivatives). Use your discretion before putting your money on the line. Select will not be responsible for the decisions you take to either select a broker or trade with them.
Select is a product of Finology Consultancy Services Private Limited | © 2022 All Rights Reserved.
Terms | Privacy