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Espresso Sharekhan Vs Fyers: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Espresso Sharekhan Max Rs 20 per trade while the brokerage of Fyers Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Fyers is 2,22,798 where number of active customer for Espresso Sharekhan is 18,769. Fyers is serving more customer compare to Espresso Sharekhan.

Here we present side-by-side comparison of Espresso Sharekhan vs Fyers share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Espresso Sharekhan vs Fyers's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Espresso Sharekhan vs Fyers share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Espresso Sharekhan vs Fyers's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Espresso Sharekhan vs Fyers on Service

  Espresso Sharekhan Compare
Espresso Sharekhan
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE, MCX
Active Clients 18,769 2,22,798
Broker Overview Espresso, a part of Sharekhan offers the lowest brokerage online trading services at Rs. 20 flat brokerages on profitable intraday trades, and no brokerage on delivery and loss-making trades on the Beta-tested app and desktop trading platforms. Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...Know more about Fyers
Broker Enquiry Request call back from Espresso Sharekhan Request call back from Fyers
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Account Opening Charges and AMC

Compare Espresso Sharekhan vs Fyers on Trading & Demat Account Opening Charges

Comparison of Espresso Sharekhan with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opening. Demat AMC charges - Fyers offer Free AMC for Demat account where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Espresso Sharekhan with Fyers
Charges Espresso Sharekhan Fyers
Trading Account Opening Fees Rs. 354 (Free for limited time) Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs. 400 PA Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Espresso Sharekhan vs Fyers on Plan Options

Plans are the most important feature you look when compare Espresso Sharekhan with Fyers. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Espresso Sharekhan with Fyers on Plan Options
Plan Types Espresso Sharekhan Fyers
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Espresso Sharekhan Fyers
Account Opening Request
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Brokerage Charges

Compare Espresso Sharekhan vs Fyers on Brokerage Charges

Espresso Sharekhan Brokerage Plan detail - Pay only when you profit is a flat brokerage plan that offers free delivery trading and charges Max Rs. 20 per order brokerage on equity intraday, F&O, commodity, and currency only in case of profit. There will be NIL brokerage fee in case of loss.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare Espresso Sharekhan with Fyers
Brokerage Charges Compare Espresso Sharekhan Fyers
Plan Name Pay Only When You Profit Max Rs 20 Per Order Trading Plan
Equity Delivery Free Free
Equity Intraday 0.03% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower
Equity Futures 0.03% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.03% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 20
Commodity Trading 0.03% or Rs 20 whichever is lower Flat Fee Rs 20
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding Info Not Available No
Call & Trade Charges Rs. 50 + GST per order placed through dealing desk Rs 50 Per Order
Auto Square off Charges Rs. 50 + GST per order placed through dealing desk Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for Espresso Sharekhan Brokerage Calculator for Fyers
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Share Broker's Transaction Charges

Compare Espresso Sharekhan vs Fyers on Transaction Charges

Compare Espresso Sharekhan with Fyers on transaction charges and PCM fee by segment.

Transaction Charges - Compare Espresso Sharekhan with Fyers
Transaction Charges Compare Espresso Sharekhan Fyers
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for espresso-sharekhan Complete Brokerage Plans for fyers
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Account Features

Compare Espresso Sharekhan vs Fyers on Account Features

Compare Espresso Sharekhan with Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Fyers offers Algo Trading where Espresso Sharekhan doesn't offers Algo Trading. Margin Funding - Espresso Sharekhan offers a margin funding where Fyers doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Espresso Sharekhan with Fyers
Account Features Compare Espresso Sharekhan Fyers
3 in 1 Account No Espresso Sharekhan have 2-in-1 account. Only Demate and Trading account. No Espresso Sharekhan have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15 PM
NRI Trading No No
Other Features NIL Fyers 30 Day Challenge
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Trading Platform

Compare Espresso Sharekhan vs Fyers on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Espresso Sharekhan and Fyers. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Espresso Sharekhan with Fyers
Trading Platform Compare Espresso Sharekhan Fyers
Desktop Trading Platform Espresso Fyers One
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) Yes No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.myespresso.com/trading/login Fyers Web
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App Espresso Mobile App Fyers 2.0 Mobile App
Mobile Trading App Demo Espresso Mobile App Demo Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod Espresso Mobile App Download Andriod Fyers 2.0 Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Espresso Mobile App Download iOS Fyers 2.0 Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for Espresso Sharekhan Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for Espresso Sharekhan Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for espresso-sharekhan Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare Espresso Sharekhan vs Fyers on User Rating

  Espresso Sharekhan Fyers
  1 Customer Reviews    Rate Espresso Sharekhan 10 Customer Reviews    Rate Fyers
Fees Ratings 1.0 3.5
Trading Brokerage Rating 5.0 3.6
Trading Platform Usability 3.0 3.6
Customer Service Ratings 2.0 3.4
Overall Ratings 1.0 3.2
Broker Rating Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews Fyers is Rated 3.2 / 5 based on 10 customer reviews
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Investment Offerings

Compare Espresso Sharekhan vs Fyers on Investment Offerings

Compare Espresso Sharekhan with Fyers on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Fyers offers online mutual fund investment option where Espresso Sharekhan doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Espresso Sharekhan with Fyers
Investment Offerings Compare Espresso Sharekhan Fyers
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes Yes
Mutual Funds No Yes
Bond / NCD No No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options SGB, Buyback, IPO NIL
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Order Types

Compare Espresso Sharekhan vs Fyers on Order Types

Order Type - Compare Espresso Sharekhan with Fyers on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Fyers provides Cover Orders (CO) where Espresso Sharekhan doesn't offer,Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Espresso Sharekhan with Fyers
Order Type Compare Espresso Sharekhan Fyers
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Espresso Sharekhan vs Fyers on Customer Service

Compare Espresso Sharekhan with Fyers on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Espresso Sharekhan with Fyers
Customer Service Compare Espresso Sharekhan Fyers
24/7 Customer Service Espresso Sharekhan vs Fyers - 24x7 customer support No No
Email Support Espresso Sharekhan vs Fyers - Email Support Yes Yes
Onine Live Chat Espresso Sharekhan vs Fyers - Onine Live Chat No No
Phone Support Espresso Sharekhan vs Fyers - Phone Support Yes Yes
Toll Free Number Espresso Sharekhan vs Fyers - Toll Free Number No No
Through Branches Espresso Sharekhan vs Fyers - Through Branches No No
Customer Care Number Espresso Sharekhan vs Fyers - Customer Care Number 022 6767 0700 08060001111
Account Opening Process Espresso Sharekhan vs Fyers - Account Opening Process 100% online/paperless 100% online and paperless proc
Customer Support Email Espresso Sharekhan vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Espresso Sharekhan vs Fyers - Knowledge Center/Education https://www.myespresso.com/the-espresso-blog https://fyers.in/school-of-stocks/
Head Office Address Espresso Sharekhan vs Fyers - Head Office Address/Corporate Address Sharekhan Comtrade Private Limited
Lodha iThink Techno Campus, 10th Floor, Beta Building,
Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East),
Mumbai - 400 042, Maharashtra.
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website Espresso Sharekhan vs Fyers - Company Website https://www.myespresso.com/ https://fyers.in/
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Tips/Research/Reports Published

Compare Espresso Sharekhan vs Fyers on Research Reports, Tips

Compare Espresso Sharekhan with Fyers on research reports and tips provided by the broker.

Research Reports - Compare Espresso Sharekhan with Fyers
  Espresso Sharekhan Fyers
Research Mutual Funds Espresso Sharekhan vs Fyers - Research Mutual Funds No No
Research Equity Reports Espresso Sharekhan vs Fyers - Research Equity Reports No No
Research ETF Espresso Sharekhan vs Fyers - Research ETF No No
Daily Market Report Espresso Sharekhan vs Fyers - Daily Market Report No No
Free Tips Espresso Sharekhan vs Fyers - Free Tips No No
Quarterly Result Analysis Espresso Sharekhan vs Fyers - Quarterly Results No No
News Alerts Espresso Sharekhan vs Fyers - No Yes
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Demat Account

Compare Espresso Sharekhan vs Fyers on Demat Account

Compare Espresso Sharekhan with Fyers on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Fyers is Free where for Espresso Sharekhan is ₹400 pa. Fyers is a better choice in terms of Demat AMC compare to Espresso Sharekhan.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Espresso Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) where for Fyers is ₹7 + ₹5.50 (CDSL Charges) per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Espresso Sharekhan with Fyers
  Espresso Sharekhan Fyers
DP Source CDSL CDSL
DP ID Espresso Sharekhan vs Fyers - DP ID CDSL-DP-45 432-2019
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Free
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) Nil
Statutory charges Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹5 per certificate (Min 50 per request) ₹0
Remat ₹50 per certificate or ₹50 for every hundred securities ₹0
Pledge Creation 0.03% (Min ₹100) Nil
Pledge Creation Confirmation NIL Nil
Pledge Closure NIL Nil
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL Nil
Failed Instruction Charges Nil Nil
Other Charges Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Stamp Charges ₹50,
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Special Offers,Advantages,Disadvantages

Compare Espresso Sharekhan vs Fyers on Special Offers and Promotion

Compare Espresso Sharekhan with Fyers on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Espresso Sharekhan vs Fyers on Special Offers and Promotion
  Espresso Sharekhan Fyers
Pay In and Pay Out Options Espresso Sharekhan vs Fyers - Pay In and Pay Out Options Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Expresso
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Espresso Sharekhan vs Fyers - Payout Time Max 24 hrs except for bank holidays Up to 24 Hrs except for Bank Holidays.
Bank Supported and Charges Espresso Sharekhan vs Fyers - Bank Supported and Charges Around 31 banks allow instant credit facility with charges of Rs 9 + GST 24+ banks connected via payment gateway, Free pay in and Free Pay Out.
Bank Detail Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes
  • No brokerage on losses.
  • Pay Max Rs. 20 per order brokerage charges across segments.
  • Zero brokerage on cash N carry (CNC) orders (delivery).
  • Zero Demat AMC charges for 1st Year
  • Hassle-free fund transfer via UPI and net banking.
  • Apply for buyback, NFO, and OFS at Rs. 20 per order + GST.
  • Pre-IPO apply feature to apply for IPO.
  • Free mobile app and Binge trading software for active traders.
  • Integrated watchlists, free scanners, quick order placement, and split order functionality.
  • Zero payment gateway charges on Axis, HDFC, ICICI, IDBI, IndusInd, and Kotak Mahindra Bank.
  • EspressoLogy and Learning center to learn about the stock market.
  • Place bracket order (BO) and after-market order.
  • Free GTD (Good Till Date) order
  • Margin trading facility.
  • No hidden charges.

Detail Review...

  • Trade on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

Detail Review...

Dislikes
  • Espresso Sharekhan does not offer mutual funds.
  • You cannot open an integrated 3-in-1 account.
  • It does not provide 24*7 customer support.
  • NRI cannot open an account with Espresso Sharekhan.
  • Espresso Sharekhan Trade Booster is 7-day paid stock market learning platform.

Detail Review...

  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

Special Offers/Promo
Enquiry Open Espresso Sharekhan Account Now>> Open Fyers Account Now>>

Last Updated on 2024-01-30T21:07:02+00:00