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Finvasia Vs Espresso Sharekhan: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Finvasia Max Rs 0 per trade while the brokerage of Espresso Sharekhan 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 Finvasia is 1,13,306 where number of active customer for Espresso Sharekhan is 18,769. Finvasia is serving more customer compare to Espresso Sharekhan.

Here we present side-by-side comparison of Finvasia vs Espresso Sharekhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Finvasia vs Espresso Sharekhan'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 Finvasia vs Espresso Sharekhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Finvasia vs Espresso Sharekhan'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 Finvasia vs Espresso Sharekhan on Service

  Finvasia Compare
Finvasia
Espresso Sharekhan Compare
Espresso Sharekhan
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, NCDEX BSE, NSE, MCX
Active Clients 1,13,306 18,769
Broker Overview Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... Know more about Finvasia 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.
Broker Enquiry Request call back from Zerodha Request call back from Espresso Sharekhan
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Account Opening Charges and AMC

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

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

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

Compare Finvasia vs Espresso Sharekhan on Plan Options

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

Account Opening

  Zerodha Espresso Sharekhan
Account Opening Request
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Brokerage Charges

Compare Finvasia vs Espresso Sharekhan on Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

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.

Brokerage Charges - Compare Finvasia with Espresso Sharekhan
Brokerage Charges Compare Finvasia Espresso Sharekhan
Plan Name Zero Brokerage Trading Plan Pay Only When You Profit
Equity Delivery Rs 0 Free
Equity Intraday Rs 0 0.03% or Rs 20 whichever is lower
Equity Futures Rs 0 0.03% or Rs 20 whichever is lower
Equity Options Rs 0 Flat Fee Rs 20
Currency Futures Rs 0 0.03% or Rs 20 whichever is lower
Currency Options Rs 0 Flat Fee Rs 20
Commodity Trading Rs 0 0.03% or Rs 20 whichever is lower
Minimum Brokerage NA NIL
Hidden Charges No No
Funding Yes, 24% interest PA Info Not Available
Call & Trade Charges Free Rs. 50 + GST per order placed through dealing desk
Auto Square off Charges Free Rs. 50 + GST per order placed through dealing desk
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for Espresso Sharekhan
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Share Broker's Transaction Charges

Compare Finvasia vs Espresso Sharekhan on Transaction Charges

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

Transaction Charges - Compare Finvasia with Espresso Sharekhan
Transaction Charges Compare Finvasia Espresso Sharekhan
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 finvasia Complete Brokerage Plans for espresso-sharekhan
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Account Features

Compare Finvasia vs Espresso Sharekhan on Account Features

Compare Finvasia with Espresso Sharekhan 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 - Finvasia offers Algo Trading where Espresso Sharekhan doesn't offers Algo Trading. Margin Funding - Espresso Sharekhan offers a margin funding where Finvasia doesn't offers margin funding. NRI Trading - Finvasia offers NRI where Espresso Sharekhan doesn't offers NRI Trading.

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

Compare Finvasia vs Espresso Sharekhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia and Espresso Sharekhan. 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 Finvasia with Espresso Sharekhan
Trading Platform Compare Finvasia Espresso Sharekhan
Desktop Trading Platform OMNESYS NEST Espresso
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No Yes
Web Trading Platform Yes Yes
Web Trading Detail https://trade.finvasia.com/ https://trade.myespresso.com/trading/login
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SCALPERT Espresso Mobile App
Mobile Trading App Demo SCALPERT Demo Espresso Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod SCALPERT Download Andriod Espresso Mobile App Download
iPhone Mobile App (IOS) No Yes
iOS App Download Info Not Available iOS Espresso Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Espresso Sharekhan
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Espresso Sharekhan
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for espresso-sharekhan

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Broker Ratings by Users

Compare Finvasia vs Espresso Sharekhan on User Rating

  Finvasia Espresso Sharekhan
  17 Customer Reviews    Rate Finvasia 1 Customer Reviews    Rate Espresso Sharekhan
Fees Ratings 4.3 1.0
Trading Brokerage Rating 4.6 5.0
Trading Platform Usability 4.0 3.0
Customer Service Ratings 3.5 2.0
Overall Ratings 4.2 1.0
Broker Rating Finvasia is Rated 4.2 / 5 based on 17 customer reviews Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Finvasia vs Espresso Sharekhan on Investment Offerings

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

Compare Finvasia vs Espresso Sharekhan on Order Types

Order Type - Compare Finvasia with Espresso Sharekhan 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) - Finvasia provide 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- Espresso Sharekhan offers Good Till Cancelled (GTC) orders where Finvasia doesn't support Good Till Cancelled (GTC) orders.

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

Compare Finvasia vs Espresso Sharekhan on Customer Service

Compare Finvasia with Espresso Sharekhan 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 Finvasia with Espresso Sharekhan
Customer Service Compare Finvasia Espresso Sharekhan
24/7 Customer Service Finvasia vs Espresso Sharekhan - 24x7 customer support No No
Email Support Finvasia vs Espresso Sharekhan - Email Support Yes Yes
Onine Live Chat Finvasia vs Espresso Sharekhan - Onine Live Chat Yes No
Phone Support Finvasia vs Espresso Sharekhan - Phone Support Yes Yes
Toll Free Number Finvasia vs Espresso Sharekhan - Toll Free Number No No
Through Branches Finvasia vs Espresso Sharekhan - Through Branches No No
Customer Care Number Finvasia vs Espresso Sharekhan - Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 022 6767 0700
Account Opening Process Finvasia vs Espresso Sharekhan - Account Opening Process Online/Paperless 100% online/paperless
Customer Support Email Finvasia vs Espresso Sharekhan - Customer Support Email [email protected]/[email protected] [email protected]
Knowledge Center/Education Finvasia vs Espresso Sharekhan - Knowledge Center/Education https://finvasia.com/announcements https://www.myespresso.com/the-espresso-blog
Head Office Address Finvasia vs Espresso Sharekhan - Head Office Address/Corporate Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Sharekhan Comtrade Private Limited
Lodha iThink Techno Campus, 10th Floor, Beta Building,
Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East),
Mumbai - 400 042, Maharashtra.
Website Finvasia vs Espresso Sharekhan - Company Website https://www.finvasia.com/ https://www.myespresso.com/
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Tips/Research/Reports Published

Compare Finvasia vs Espresso Sharekhan on Research Reports, Tips

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

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

Compare Finvasia vs Espresso Sharekhan on Demat Account

Compare Finvasia with Espresso Sharekhan 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 Finvasia is Free where for Espresso Sharekhan is ₹400 pa. Finvasia 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 Finvasia is ₹9 + ₹5.50 (CDSL Charges) for every transaction where for Espresso Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges).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 Finvasia with Espresso Sharekhan
  Finvasia Espresso Sharekhan
DP Source CDSL CDSL
DP ID Finvasia vs Espresso Sharekhan - DP ID 84300 CDSL-DP-45
Demat Account Annual Maintenance Charges(AMC) Free ₹400 pa
Advance Deposit Rs 0 Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
Statutory charges Nil Actual Stamp Paper Charges
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction 0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat ₹15 per certificate ₹5 per certificate (Min 50 per request)
Remat ₹15 for every hundred securities + CDSL Charges ₹50 per certificate or ₹50 for every hundred securities
Pledge Creation ₹25 per transaction 0.03% (Min ₹100)
Pledge Creation Confirmation NIL NIL
Pledge Closure ₹25 per transaction NIL
Pledge Closure Confirmation NIL NIL
Pledge Invocation ₹19 per transaction NIL
Failed Instruction Charges ₹49 Nil
Other Charges Nil 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
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Special Offers,Advantages,Disadvantages

Compare Finvasia vs Espresso Sharekhan on Special Offers and Promotion

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

Compare Finvasia vs Espresso Sharekhan on Special Offers and Promotion
  Finvasia Espresso Sharekhan
Pay In and Pay Out Options Finvasia vs Espresso Sharekhan - Pay In and Pay Out Options Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Expresso
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Finvasia vs Espresso Sharekhan - Payout Time Up to 24 hrs except for bank holidays. Max 24 hrs except for bank holidays
Bank Supported and Charges Finvasia vs Espresso Sharekhan - Bank Supported and Charges Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. Around 31 banks allow instant credit facility with charges of Rs 9 + GST
Bank Detail FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
Likes

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • 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...

Dislikes

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • 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...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
Enquiry Open Zerodha Account Now>> Open Espresso Sharekhan Account Now>>

Last Updated on 2023-09-05T02:25:49+00:00