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Espresso Sharekhan Vs Karvy: 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 Karvy ranges between 0.03 to 0.3%. Espresso Sharekhan is a Discount Broker where Karvy is a Full Service Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Espresso Sharekhan is 20,604 where number of active customer for Karvy is . Espresso Sharekhan is serving more customer compare to Karvy.

Here we present side-by-side comparison of Espresso Sharekhan vs Karvy 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 Karvy'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 Karvy 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 Karvy'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 Karvy on Service

  Espresso Sharekhan Compare
Espresso Sharekhan
Karvy Compare
Karvy
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 20,604
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. One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory.
Broker Enquiry Request call back from Espresso Sharekhan Request call back from Zerodha
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Account Opening Charges and AMC

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

Comparison of Espresso Sharekhan with Karvy on trading & demat account opening charges and AMC. Trading account opening charges - Karvy offer Free account opening where Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opening. Demat AMC charges - Espresso Sharekhan charges Rs. 400 PA AMC for Demat account where Karvy charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Espresso Sharekhan with Karvy
Charges Espresso Sharekhan Karvy
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 Rs 500 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Espresso Sharekhan vs Karvy on Plan Options

Plans are the most important feature you look when compare Espresso Sharekhan with Karvy. 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 Karvy on Plan Options
Plan Types Espresso Sharekhan Karvy
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Espresso Sharekhan Zerodha
Account Opening Request
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Brokerage Charges

Compare Espresso Sharekhan vs Karvy 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.

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

Brokerage Charges - Compare Espresso Sharekhan with Karvy
Brokerage Charges Compare Espresso Sharekhan Karvy
Plan Name Pay Only When You Profit Basic Trading Plan (Percentage Based)
Equity Delivery Free 0.3% or 30 paisa
Equity Intraday 0.03% or Rs 20 whichever is lower 0.03% or 3 paisa
Equity Futures 0.03% or Rs 20 whichever is lower 0.03% or 3 paisa
Equity Options Flat Fee Rs 20 Rs 50 Per Lot
Currency Futures 0.03% or Rs 20 whichever is lower 0.03% or 3 paisa
Currency Options Flat Fee Rs 20 Rs 50 Per Lot
Commodity Trading 0.03% or Rs 20 whichever is lower 0.03% or 3 paisa
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Rs. 50 + GST per order placed through dealing desk Call 18004198283 number for Call and Trade, SMS Order faclity also available
Auto Square off Charges Rs. 50 + GST per order placed through dealing desk Call 18004198283 number for Call and Trade, SMS Order faclity also available
Brokerage Calculator Brokerage Calculator for Espresso Sharekhan Brokerage Calculator for Karvy
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Share Broker's Transaction Charges

Compare Espresso Sharekhan vs Karvy on Transaction Charges

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

Transaction Charges - Compare Espresso Sharekhan with Karvy
Transaction Charges Compare Espresso Sharekhan Karvy
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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for espresso-sharekhan Complete Brokerage Plans for karvy
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Account Features

Compare Espresso Sharekhan vs Karvy on Account Features

Compare Espresso Sharekhan with Karvy 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 - Karvy offers Algo Trading where Espresso Sharekhan doesn't offers Algo Trading. Margin Funding - Espresso Sharekhan offers a margin funding where Karvy doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Espresso Sharekhan with Karvy
Account Features Compare Espresso Sharekhan Karvy
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 Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
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 NIL
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Trading Platform

Compare Espresso Sharekhan vs Karvy on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Espresso Sharekhan and Karvy. 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 Karvy
Trading Platform Compare Espresso Sharekhan Karvy
Desktop Trading Platform Espresso Karvy NESTTrader
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 https://trade.karvyonline.com/KARVY/Login/indexauth.jsp
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Espresso Mobile App KarvyOnline
Mobile Trading App Demo Espresso Mobile App Demo KarvyOnline Demo
Android Mobile App Yes Yes
Android App Download Andriod Espresso Mobile App Download Andriod KarvyOnline Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Espresso Mobile App Download iOS KarvyOnline Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan Equity Intraday and Delivery Brokerage Calculator for Karvy
Futures Brokerage Calculator Futures Brokerage Calculator for Espresso Sharekhan Futures Brokerage Calculator for Karvy
Options Brokerage Calculator Options Brokerage Calculator for Espresso Sharekhan Options Brokerage Calculator for Karvy
Detail Detail on Trading Platforms for espresso-sharekhan Detail on Trading Platforms for karvy

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Broker Ratings by Users

Compare Espresso Sharekhan vs Karvy on User Rating

  Espresso Sharekhan Karvy
  1 Customer Reviews    Rate Espresso Sharekhan 3 Customer Reviews    Rate Karvy
Fees Ratings 1.0 2.7
Trading Brokerage Rating 5.0 2.3
Trading Platform Usability 3.0 2.3
Customer Service Ratings 2.0 3.7
Overall Ratings 1.0 2.7
Broker Rating Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews Karvy is Rated 2.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare Espresso Sharekhan vs Karvy on Investment Offerings

Compare Espresso Sharekhan with Karvy 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 - Karvy offers online mutual fund investment option where Espresso Sharekhan doesn't offer. Portfolio Management Services (PMS) - Karvy provides PMS Service where Espresso Sharekhan doesn't offer

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

Compare Espresso Sharekhan vs Karvy on Order Types

Order Type - Compare Espresso Sharekhan with Karvy 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) - Karvy 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)- Espresso Sharekhan offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- Espresso Sharekhan offers Good Till Cancelled (GTC) orders where Karvy doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Espresso Sharekhan with Karvy
Order Type Compare Espresso Sharekhan Karvy
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 No
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Espresso Sharekhan vs Karvy on Customer Service

Compare Espresso Sharekhan with Karvy 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 Karvy
Customer Service Compare Espresso Sharekhan Karvy
24/7 Customer Service Espresso Sharekhan vs Karvy - 24x7 customer support No No
Email Support Espresso Sharekhan vs Karvy - Email Support Yes Yes
Onine Live Chat Espresso Sharekhan vs Karvy - Onine Live Chat No No
Phone Support Espresso Sharekhan vs Karvy - Phone Support Yes Yes
Toll Free Number Espresso Sharekhan vs Karvy - Toll Free Number No Yes
Through Branches Espresso Sharekhan vs Karvy - Through Branches No Yes
Customer Care Number Espresso Sharekhan vs Karvy - Customer Care Number 022 6767 0700 18004198283/7093706007/18004198283
Account Opening Process Espresso Sharekhan vs Karvy - Account Opening Process 100% online/paperless Online/Paperless
Customer Support Email Espresso Sharekhan vs Karvy - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Espresso Sharekhan vs Karvy - Knowledge Center/Education https://www.myespresso.com/the-espresso-blog https://www.karvyonline.com/knowledge-center/index
Head Office Address Espresso Sharekhan vs Karvy - 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.
Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Website Espresso Sharekhan vs Karvy - Company Website https://www.myespresso.com/ www.karvyonline.com
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Tips/Research/Reports Published

Compare Espresso Sharekhan vs Karvy on Research Reports, Tips

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

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

Compare Espresso Sharekhan vs Karvy on Demat Account

Compare Espresso Sharekhan with Karvy 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 Karvy is ₹365 pa where for Espresso Sharekhan is ₹400 pa.

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 Karvy is ₹15 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 Karvy
  Espresso Sharekhan Karvy
DP Source CDSL CDSL
DP ID Espresso Sharekhan vs Karvy - DP ID CDSL-DP-45 33200
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹365 pa
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) ₹15 per transaction
Demat ₹5 per certificate (Min 50 per request) ₹5 per certificate + ₹40 courier charges
Remat ₹50 per certificate or ₹50 for every hundred securities ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation 0.03% (Min ₹100) 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Creation Confirmation NIL 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure NIL 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure Confirmation NIL 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Invocation NIL 0.03% of transaction value (Min ₹100 and Max ₹5k)
Failed Instruction Charges Nil ₹100
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
Nil
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Special Offers,Advantages,Disadvantages

Compare Espresso Sharekhan vs Karvy on Special Offers and Promotion

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

Compare Espresso Sharekhan vs Karvy on Special Offers and Promotion
  Espresso Sharekhan Karvy
Pay In and Pay Out Options Espresso Sharekhan vs Karvy - 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 Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Espresso Sharekhan vs Karvy - Payout Time Max 24 hrs except for bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Espresso Sharekhan vs Karvy - Bank Supported and Charges Around 31 banks allow instant credit facility with charges of Rs 9 + GST Around 40+ bank are prefered parter with Karvy Stock Broking.
Bank Detail Info Not Available
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...

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...

  • 3-in-1 account opening facility is not available with Karvy.

Detail Review...

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

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