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Espresso Sharekhan Vs Indira Securities: 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 Indira Securities ranges between 0.01% to 0.10%. Espresso Sharekhan is a Discount Broker where Indira Securities 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 Indira Securities is 8,736. Espresso Sharekhan is serving more customer compare to Indira Securities.

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

  Espresso Sharekhan Compare
Espresso Sharekhan
Indira Securities Compare
Indira Securities
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 NSE, BSE, MCX
Active Clients 20,604 8,736
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. Open a free Indira Securities account and trade Faster and Smarter with Trade Insta Mobile app and Trader Terminal platform. Algo trading, free research calls & trading tips, portfolio management services, and mutual fund robotic advisory are the...Know more about Indira Securities
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 Indira Securities on Trading & Demat Account Opening Charges

Comparison of Espresso Sharekhan with Indira Securities on trading & demat account opening charges and AMC. Trading account opening charges - Indira Securities 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 Indira Securities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Espresso Sharekhan with Indira Securities
Charges Espresso Sharekhan Indira Securities
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 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Espresso Sharekhan vs Indira Securities on Plan Options

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

Indira Securities Brokerage Plan detail - Indira Trade offers a fixed % based brokerage plan to customers.

Brokerage Charges - Compare Espresso Sharekhan with Indira Securities
Brokerage Charges Compare Espresso Sharekhan Indira Securities
Plan Name Pay Only When You Profit Traditional Brokerage Plan
Equity Delivery Free 0.10%
Equity Intraday 0.03% or Rs 20 whichever is lower 0.01%
Equity Futures 0.03% or Rs 20 whichever is lower 0.01%
Equity Options Flat Fee Rs 20 Rs. 25 per lot (both side)
Currency Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 20
Currency Options Flat Fee Rs 20 Futures: 0.01%|Options: Rs. 25 per lot (both side)
Commodity Trading 0.03% or Rs 20 whichever is lower Futures: 0.01%|Options: Rs. 25 per lot (both side)
Minimum Brokerage NIL NA
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 Free
Auto Square off Charges Rs. 50 + GST per order placed through dealing desk Free
Brokerage Calculator Brokerage Calculator for Espresso Sharekhan Brokerage Calculator for Indira Securities
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Share Broker's Transaction Charges

Compare Espresso Sharekhan vs Indira Securities on Transaction Charges

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

Transaction Charges - Compare Espresso Sharekhan with Indira Securities
Transaction Charges Compare Espresso Sharekhan Indira Securities
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| Agri Rs 600 Per Cr
Brokerage Charges Complete Brokerage Plans for espresso-sharekhan Complete Brokerage Plans for indira-securities
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Account Features

Compare Espresso Sharekhan vs Indira Securities on Account Features

Compare Espresso Sharekhan with Indira Securities 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 - Indira Securities offers Algo Trading where Espresso Sharekhan doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Indira Securities offers NRI where Espresso Sharekhan doesn't offers NRI Trading.

Account Features - Espresso Sharekhan with Indira Securities
Account Features Compare Espresso Sharekhan Indira Securities
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 Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15 PM 3:15 PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare Espresso Sharekhan vs Indira Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Espresso Sharekhan and Indira Securities. 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 Indira Securities
Trading Platform Compare Espresso Sharekhan Indira Securities
Desktop Trading Platform Espresso ODIN Diet
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://www.indiratrade.com/trade-online
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Espresso Mobile App TradeInsta
Mobile Trading App Demo Espresso Mobile App Demo TradeInsta Demo
Android Mobile App Yes Yes
Android App Download Andriod Espresso Mobile App Download Andriod TradeInsta Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Espresso Mobile App Download iOS TradeInsta 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 Indira Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Espresso Sharekhan Futures Brokerage Calculator for Indira Securities
Options Brokerage Calculator Options Brokerage Calculator for Espresso Sharekhan Options Brokerage Calculator for Indira Securities
Detail Detail on Trading Platforms for espresso-sharekhan Detail on Trading Platforms for indira-securities

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Broker Ratings by Users

Compare Espresso Sharekhan vs Indira Securities on User Rating

  Espresso Sharekhan Indira Securities
  1 Customer Reviews    Rate Espresso Sharekhan 1 Customer Reviews    Rate Indira Securities
Fees Ratings 1.0 2.0
Trading Brokerage Rating 5.0 4.0
Trading Platform Usability 3.0 2.0
Customer Service Ratings 2.0 2.0
Overall Ratings 1.0 3.0
Broker Rating Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews Indira Securities is Rated 3.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Espresso Sharekhan vs Indira Securities on Investment Offerings

Compare Espresso Sharekhan with Indira Securities 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 - Indira Securities 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 Indira Securities
Investment Offerings Compare Espresso Sharekhan Indira Securities
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 Yes
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 Indira Securities on Order Types

Order Type - Compare Espresso Sharekhan with Indira Securities 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) - Indira Securities 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 Indira Securities
Order Type Compare Espresso Sharekhan Indira Securities
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 Indira Securities on Customer Service

Compare Espresso Sharekhan with Indira Securities 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 Indira Securities
Customer Service Compare Espresso Sharekhan Indira Securities
24/7 Customer Service Espresso Sharekhan vs Indira Securities - 24x7 customer support No Yes
Email Support Espresso Sharekhan vs Indira Securities - Email Support Yes Yes
Onine Live Chat Espresso Sharekhan vs Indira Securities - Onine Live Chat No Yes
Phone Support Espresso Sharekhan vs Indira Securities - Phone Support Yes Yes
Toll Free Number Espresso Sharekhan vs Indira Securities - Toll Free Number No Yes
Through Branches Espresso Sharekhan vs Indira Securities - Through Branches No Yes
Customer Care Number Espresso Sharekhan vs Indira Securities - Customer Care Number 022 6767 0700 +91-(0)731-4797105/115/146
Account Opening Process Espresso Sharekhan vs Indira Securities - Account Opening Process 100% online/paperless Online/Paperless
Customer Support Email Espresso Sharekhan vs Indira Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Espresso Sharekhan vs Indira Securities - Knowledge Center/Education https://www.myespresso.com/the-espresso-blog https://www.indiratrade.com/blog
Head Office Address Espresso Sharekhan vs Indira Securities - 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.
  • Registered Office


    Indira House,
    3rd Floor, 5 Topiwala Lane,
    Opp.Lamington Road Police Station,
    Grant Road (East),
    Mumbai - 400007.
  • Corporate Office


    Indira Securities Pvt Ltd
    204 Amar Darshan,
    28/02, Old Palasia,
    Indore - 452018
Website Espresso Sharekhan vs Indira Securities - Company Website https://www.myespresso.com/ https://www.indiratrade.com/
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Tips/Research/Reports Published

Compare Espresso Sharekhan vs Indira Securities on Research Reports, Tips

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

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

Compare Espresso Sharekhan vs Indira Securities on Demat Account

Compare Espresso Sharekhan with Indira Securities 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 Indira Securities is ₹450 pa (Second year onwards) 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 Indira Securities is ₹20 or 0.02% whichever is higher.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 Indira Securities
  Espresso Sharekhan Indira Securities
DP Source CDSL CDSL
DP ID Espresso Sharekhan vs Indira Securities - DP ID CDSL-DP-45 752000
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹450 pa (Second year onwards)
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) ₹20 or 0.02% whichever is higher
Demat ₹5 per certificate (Min 50 per request) ₹5 per certificate + ₹35 courier charges
Remat ₹50 per certificate or ₹50 for every hundred securities ₹50 per RRN
Pledge Creation 0.03% (Min ₹100) ₹50
Pledge Creation Confirmation NIL Nil
Pledge Closure NIL ₹50
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL ₹50 or 0.02% whichever is higher
Failed Instruction Charges Nil ₹25
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
Book Charges ₹20,POA Charges ₹130
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Special Offers,Advantages,Disadvantages

Compare Espresso Sharekhan vs Indira Securities on Special Offers and Promotion

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

Compare Espresso Sharekhan vs Indira Securities on Special Offers and Promotion
  Espresso Sharekhan Indira Securities
Pay In and Pay Out Options Espresso Sharekhan vs Indira Securities - 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 TradeInsta.

Pay-out/Fund Withdrawal - Bank Transfer only

Payout Time Espresso Sharekhan vs Indira Securities - Payout Time Max 24 hrs except for bank holidays

Max 24 hrs except bank holidays

Bank Supported and Charges Espresso Sharekhan vs Indira Securities - 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 IndiraTrade trading platform (TradeInsta).

Bank Detail HDFC Bank
Account#00360340002251
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
IFSC Code:HDFC0000036
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 in shares, derivatives, commodities, and currencies.
  • Paperless account opening at zero charges.
  • Invest in mutual funds online.
  • Safe & secure trading platform; Trade Insta app and Trader Terminal.
  • Free stock trading tips, and research & advisory.
  • Automated trading and robotic advisory services.
  • Free call & trade
  • Place advance order like bracket order, cover order, after market order.
  • Refer & earn benefits.
  • Margin trading facility.

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...

  • 24*7 customer support is not available.
  • You cannot open a 3-in-1 account with Indira Securities.
  • It doesn’t facilitate NRI trading services.
  • High brokerage charges compared to other brokers.
  • MF Planet platform only provides regular mutual fund schemes.

Detail Review...

Special Offers/Promo Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.
Enquiry Open Espresso Sharekhan Account Now>> Open Zerodha Account Now>>

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