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Espresso Sharekhan Vs Groww: Which one is better?

Both the brokers are registered with SEBI. Espresso Sharekhan offers investmenet in Equity, F&O, Currency and Commodities, where Groww offers investment in Equity, F&O and Currency only. The brokerage of Espresso Sharekhan Max Rs 20 per trade while the brokerage of Groww 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 Groww is 91,85,024 where number of active customer for Espresso Sharekhan is 20,604. Groww is serving more customer compare to Espresso Sharekhan.

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

  Espresso Sharekhan Compare
Espresso Sharekhan
Groww Compare
Groww
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 NSE, BSE
Active Clients 20,604 91,85,024
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. Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl...Know more about Groww
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 Groww on Trading & Demat Account Opening Charges

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

Plans are the most important feature you look when compare Espresso Sharekhan with Groww. 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 Groww on Plan Options
Plan Types Espresso Sharekhan Groww
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 Groww 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.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Brokerage Charges - Compare Espresso Sharekhan with Groww
Brokerage Charges Compare Espresso Sharekhan Groww
Plan Name Pay Only When You Profit Flat Brokerage Plan
Equity Delivery Free 0.05% or Rs 20 whichever is lower
Equity Intraday 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 20
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.03% or Rs 20 whichever is lower Not Available
Currency Options Flat Fee Rs 20 Not Available
Commodity Trading 0.03% or Rs 20 whichever is lower Not Available
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Rs. 50 + GST per order placed through dealing desk Rs 50 Per Executable Order
Auto Square off Charges Rs. 50 + GST per order placed through dealing desk Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Espresso Sharekhan Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare Espresso Sharekhan vs Groww on Transaction Charges

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

Transaction Charges - Compare Espresso Sharekhan with Groww
Transaction Charges Compare Espresso Sharekhan Groww
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 groww
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Account Features

Compare Espresso Sharekhan vs Groww on Account Features

Compare Espresso Sharekhan with Groww 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 - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Espresso Sharekhan with Groww
Account Features Compare Espresso Sharekhan Groww
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 No
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15 PM 3:10 PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare Espresso Sharekhan vs Groww on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Espresso Sharekhan and Groww. 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 Groww
Trading Platform Compare Espresso Sharekhan Groww
Desktop Trading Platform Espresso Groww App
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) Yes No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.myespresso.com/trading/login Yes
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Espresso Mobile App Groww App
Mobile Trading App Demo Espresso Mobile App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Espresso Mobile App Download Andriod Groww App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Espresso Mobile App Download iOS Groww 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 Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Espresso Sharekhan Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Espresso Sharekhan Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for espresso-sharekhan Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare Espresso Sharekhan vs Groww on User Rating

  Espresso Sharekhan Groww
  1 Customer Reviews    Rate Espresso Sharekhan 7 Customer Reviews    Rate Groww
Fees Ratings 1.0 4.4
Trading Brokerage Rating 5.0 3.7
Trading Platform Usability 3.0 4.1
Customer Service Ratings 2.0 3.3
Overall Ratings 1.0 4.1
Broker Rating Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews Groww is Rated 4.1 / 5 based on 7 customer reviews
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Investment Offerings

Compare Espresso Sharekhan vs Groww on Investment Offerings

Compare Espresso Sharekhan with Groww 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 - Espresso Sharekhan offers trading options in Commodity (MCX) where Groww doesn't offer. Online Mutual Fund Investment - Groww 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 Groww
Investment Offerings Compare Espresso Sharekhan Groww
Equity Cash and F&O Yes Yes
Currency Deravitives Yes No
Commodity Yes No
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 Groww on Order Types

Order Type - Compare Espresso Sharekhan with Groww 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) - Both broker don't have Cover Orders (CO).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) - Espresso Sharekhan provide Bracket Orders (BO) where Groww doesn't offer.With the name its cleare 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 higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Espresso Sharekhan offers After Market Orders where Groww doesn't offers AMO. GTC Orders- Espresso Sharekhan offers Good Till Cancelled (GTC) orders where Groww doesn't support Good Till Cancelled (GTC) orders.

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

Compare Espresso Sharekhan vs Groww on Customer Service

Compare Espresso Sharekhan with Groww 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 Groww
Customer Service Compare Espresso Sharekhan Groww
24/7 Customer Service Espresso Sharekhan vs Groww - 24x7 customer support No No
Email Support Espresso Sharekhan vs Groww - Email Support Yes Yes
Onine Live Chat Espresso Sharekhan vs Groww - Onine Live Chat No Yes
Phone Support Espresso Sharekhan vs Groww - Phone Support Yes Yes
Toll Free Number Espresso Sharekhan vs Groww - Toll Free Number No No
Through Branches Espresso Sharekhan vs Groww - Through Branches No No
Customer Care Number Espresso Sharekhan vs Groww - Customer Care Number 022 6767 0700 9108800604
Account Opening Process Espresso Sharekhan vs Groww - Account Opening Process 100% online/paperless Online
Customer Support Email Espresso Sharekhan vs Groww - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Espresso Sharekhan vs Groww - Knowledge Center/Education https://www.myespresso.com/the-espresso-blog https://groww.in/academy
Head Office Address Espresso Sharekhan vs Groww - 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.
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website Espresso Sharekhan vs Groww - Company Website https://www.myespresso.com/ https://groww.in/
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Tips/Research/Reports Published

Compare Espresso Sharekhan vs Groww on Research Reports, Tips

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

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

Compare Espresso Sharekhan vs Groww on Demat Account

Compare Espresso Sharekhan with Groww 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 Groww is Zero 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 Groww is ₹8 + ₹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 Espresso Sharekhan with Groww
  Espresso Sharekhan Groww
DP Source CDSL CDSL
DP ID Espresso Sharekhan vs Groww - DP ID CDSL-DP-45 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Zero
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 Legal Charges
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹8 + ₹5.50 CDSL charges
Demat ₹5 per certificate (Min 50 per request) ₹150 per certificate + courier charges
Remat ₹50 per certificate or ₹50 for every hundred securities ₹150 per certificate + courier charges
Pledge Creation 0.03% (Min ₹100) ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation NIL ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil ₹50
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 Groww on Special Offers and Promotion

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

Compare Espresso Sharekhan vs Groww on Special Offers and Promotion
  Espresso Sharekhan Groww
Pay In and Pay Out Options Espresso Sharekhan vs Groww - 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, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Espresso Sharekhan vs Groww - Payout Time Max 24 hrs except for bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Espresso Sharekhan vs Groww - Bank Supported and Charges Around 31 banks allow instant credit facility with charges of Rs 9 + GST Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.
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...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

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...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

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