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Open an Instant and Online account with Espresso in 15 mins.Espresso Sharekhan is a registered trading member of MCX commodity exchange to provide an online platform for customers to trade in commodities. You can open Espresso Trading & Demat account online and start commodity futures & options trading. Low commodity brokerage is the top reason to open a commodity trading account with Espresso. Espresso charges a Max of Rs. 20 per order flat brokerage fee on commodity derivatives trading while you will pay zero brokerage fees on all loss-making commodity trades. Customers can trade in different types of commodities through any of its platforms whether the website, Espresso mobile app or Binge desktop trading software. Read more about Espresso Sharekhan Commodity Trading Review 2022 including commodity account opening fee, commodity brokerage charges, and commodity trading platforms.
Espresso by Sharekhan facilitates online trading in different types of commodities. Customers can trade in agricultural commodities i.e. soya, rice, etc., metal commodities i.e., gold, silver, copper, etc., and energy-related commodities i.e., crude oil, natural gas, coal.
Opening an account in Espresso Sharekhan is a completely digital and paperless process that takes about less than 15 minutes and the account will get activated within 24 hours.
Steps to open Espresso Sharekhan Commodity Trading Account;
Opening a commodity account in Espresso mandatorily requires you to submit the below set of documents;
MCX trading with Espresso requires users to open a Trading & Demat account. The 2-in-1 account allows customers to trade in multiple segments including equity, derivatives, commodities, and currency. Currently, the broker offers a free commodity account opening facility at zero charges.
Charges | |
Espresso Sharekhan Commodity Trading Account Opening Fee | Rs. 354 (Free for limited period) |
Espresso Sharekhan Commodity Trading Account AMC | Free |
Espresso Sharekhan Demat Account Opening Fee | Free |
Espresso Sharekhan Demat Account AMC | Rs. 400 per annum, charged every quarter |
Espresso Pay Only When You Profit model charges brokerage only on profitable commodity future & options trading whereas there is no brokerage levies on loss-making commodity derivative trades.
Charges | |
Espresso Sharekhan Commodity Futures Brokerage | Flat Rs. 20 per order or 0.03% whichever is lower |
Espresso Sharekhan Commodity Options Brokerage | Flat Rs. 20 per executed order |
Espresso commodity brokerage charges look highly competitive and match the charges of top discount brokers like Zerodha and Upstox.
If you have an active equity trading account in Espresso but now looking to start online trading in the commodity market, then at the very first step, you have to activate the MCX commodity trading segment. Espresso customers can active the commodity F&O segment online instantly in a few steps.
Steps to activate commodity trading segment in Espresso:
All of Espresso's trading platforms across the web, mobile app, and desktop allow online trading in commodities. Users are free to trade through any of the platforms based on their choice.
Yes, Espresso Sharekhan is a registered MCX trading member that offers online commodity futures & options trading services to customers. If you have losses on the commodity derivative trades then Espresso Sharekhan will charge zero brokerage whereas on profitable trades, the broker will charge a flat brokerage of Rs. 20 per executed order.
Once you have requested the broker to activate commodity F&O segment the documents will go under verification by the Espresso Team, and once verified, the commodity trading segment will be activated within 24 hours.
Last Updated on 2024-01-30