Espresso Sharekhan Broker - IPO JI

Espresso Sharekhan

Espresso Sharekhan

Discount Broker

About Broker

Espresso is a company established by Sharekhan in September 2020, focusing on providing discount broking services. As of October 2024, Espresso Sharekhan has an active client base of 7,06,522.


Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

Equity Commodity Currency Futures Options

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

Free

account maintenance

₹400

call trade

₹50

Brokerage

equity delivery

Zero

equity intraday

0.03% on order value

equity futures

0.03%

equity options

₹20

currency futures

0.03% per order

currency options

₹20 per order

commodity futures

0.03% on order value

commodity options

₹20 per order

Margins

Equity Delivery

0x As per exchange

Equity Intraday

4x As per exchange

Equity Futures

0x As per exchange

Equity Options

0x As per exchange

Currency Futures

0x As per exchange

Currency Options

0x As per exchange

Commodity Futures

0x As per exchange

Commodity Options

0x As per exchange

Platforms 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.

Myespresso Web Trading Platform Espresso Mobile Application Binge

Other Details

Pros

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.

Cons

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.

3 in 1 Account
free trading calls
free research
sms alerts
margin funding
margin against share

Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.

ipo platform
exchange traded funds

Equily Charges

transaction charges

BSE: 0.00345%

NSE:

clearing charges

--

dp charges

Sell-side, ₹ 250 per 100 shares

gst

18% on Brokerage + Transaction + Exchange Turn over Charges

stt

0.1% Buy & Sell

sebi charges

₹ 10/Crore

transaction charges

BSE: 0.00345%

NSE:

clearing charges

--

dp charge

--

gst

18% on Brokerage + Exchange Turn over Charges

stt

0.025% Sell-side

sebi charges

₹ 10/Crore

transaction charges

NSE:

clearing charges

NSE:

dp charge

--

gst

18% on Brokerage + Exchange Turn over Charges

stt

0.02% Sell-side

sebi charges

₹ 10/Crore

transaction charges

NSE:

clearing charges

dp charge

--

gst

18% on Brokerage + Exchange Turn over Charges

stt

0.1% Sell-side

sebi charges

₹ 10/Crore