Espresso Sharekhan
Discount Broker
About Broker
Espresso is a company established by Sharekhan in September 2020, focusing on providing discount broking services. As of March 2024, Espresso Sharekhan has an active client base of 18,769.
Product Basket
The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
Brokerage Plan
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.
Charges
account opening
Freeaccount maintenance
₹400call trade
₹50Brokerage
equity delivery
Zeroequity intraday
0.03% on order valueequity futures
0.03%equity options
₹20currency futures
0.03% per ordercurrency options
₹20 per ordercommodity futures
0.03% on order valuecommodity options
₹20 per orderMargins
Equity Delivery
0x As per exchangeEquity Intraday
4x As per exchangeEquity Futures
0x As per exchangeEquity Options
0x As per exchangeCurrency Futures
0x As per exchangeCurrency Options
0x As per exchangeCommodity Futures
0x As per exchangeCommodity Options
0x As per exchangePlatforms Offered
Set 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.
Other Details
Advantages and Strengths of this broker.
The 'Pay Only When You Profit' feature significantly reduces expenses for users.
It is a subsidiary of Sharekhan, one of the largest brokers in the country.
Espresso offers educational resources such as articles, courses, and videos to its users.
Call and trade facilities are provided free of charge.
Fixed deposits can serve as collateral for futures and options trading.
Disadvantages of this broker that it needs to improve upon.
The broker does not offer any products related to banking, insurance, or forex trading.
Espresso does not provide round-the-clock query support.
The broker does not provide a 3-in-1 account as they do not offer banking services.
Additional Features
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Other Investment Options
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
Equily Charges
transaction charges
BSE: 0.00345%
NSE:
clearing charges
--
dp charges
Sell-side, ₹ 250 per 100 shares
gst
18% on Brokerage + Transaction
stt
0.025% Sell-side
sebi charges
₹ 10/Crore
transaction charges
BSE: 0.00345%
NSE:
clearing charges
--
dp charge
--
gst
18% on Brokerage + Transaction
stt
0.025% Sell-side
sebi charges
₹ 10/Crore
transaction charges
NSE:
clearing charges
NSE:
dp charge
--
gst
18% on Brokerage + Transaction
stt
0.01% Sell-side
sebi charges
₹ 10/Crore
transaction charges
NSE:
clearing charges
dp charge
--
gst
18% on Brokerage + Transaction
stt
0.05% Sell-side
sebi charges
₹ 10/Crore
