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Espresso Sharekhan Vs TradeSmart: 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 TradeSmart Max Rs 15 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 TradeSmart is 29,081 where number of active customer for Espresso Sharekhan is 18,769. TradeSmart is serving more customer compare to Espresso Sharekhan.

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

  Espresso Sharekhan Compare
Espresso Sharekhan
TradeSmart Compare
TradeSmart
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 BSE, NSE, MCX, NCDEX
Active Clients 18,769 29,081
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 TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support.
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 TradeSmart on Trading & Demat Account Opening Charges

Comparison of Espresso Sharekhan with TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opening where TradeSmart charges Rs 200 for account opening. Demat AMC charges - Espresso Sharekhan charges Rs. 400 PA AMC for Demat account where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Espresso Sharekhan with TradeSmart
Charges Espresso Sharekhan TradeSmart
Trading Account Opening Fees Rs. 354 (Free for limited time) Rs 200
Trading AMC Free Free
Demat Account Opening Fees Free Rs 200
Demat AMC Rs. 400 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Espresso Sharekhan vs TradeSmart on Plan Options

Plans are the most important feature you look when compare Espresso Sharekhan with TradeSmart. This section compare on high level about type of plans offered by brokers. Multiple Plans - TradeSmart provides Multiple Plans where Espresso Sharekhan doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Espresso Sharekhan with TradeSmart on Plan Options
Plan Types Espresso Sharekhan TradeSmart
Multiple Plans No Yes
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 TradeSmart 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.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Brokerage Charges - Compare Espresso Sharekhan with TradeSmart
Brokerage Charges Compare Espresso Sharekhan TradeSmart
Plan Name Pay Only When You Profit Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery Free Flat Fee Rs 15
Equity Intraday 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Options Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Currency Options Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding Info Not Available No
Call & Trade Charges Rs. 50 + GST per order placed through dealing desk Rs 20 per executed Order
Auto Square off Charges Rs. 50 + GST per order placed through dealing desk Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for Espresso Sharekhan Brokerage Calculator for TradeSmart
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Share Broker's Transaction Charges

Compare Espresso Sharekhan vs TradeSmart on Transaction Charges

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

Transaction Charges - Compare Espresso Sharekhan with TradeSmart
Transaction Charges Compare Espresso Sharekhan TradeSmart
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 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for espresso-sharekhan Complete Brokerage Plans for trade-smart-online
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Account Features

Compare Espresso Sharekhan vs TradeSmart on Account Features

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

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

Compare Espresso Sharekhan vs TradeSmart on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Espresso Sharekhan and TradeSmart. 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 TradeSmart
Trading Platform Compare Espresso Sharekhan TradeSmart
Desktop Trading Platform Espresso NEST Trader & Fox Trader
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://sine.tradesmartonline.in/userMaster/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Espresso Mobile App Sine
Mobile Trading App Demo Espresso Mobile App Demo Sine Demo
Android Mobile App Yes Yes
Android App Download Andriod Espresso Mobile App Download Andriod Sine Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Espresso Mobile App Download iOS Sine 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 TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for Espresso Sharekhan Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for Espresso Sharekhan Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for espresso-sharekhan Detail on Trading Platforms for trade-smart-online

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Broker Ratings by Users

Compare Espresso Sharekhan vs TradeSmart on User Rating

  Espresso Sharekhan TradeSmart
  1 Customer Reviews    Rate Espresso Sharekhan 34 Customer Reviews    Rate TradeSmart
Fees Ratings 1.0 3.9
Trading Brokerage Rating 5.0 4.4
Trading Platform Usability 3.0 3.7
Customer Service Ratings 2.0 4.0
Overall Ratings 1.0 4.0
Broker Rating Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
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Investment Offerings

Compare Espresso Sharekhan vs TradeSmart on Investment Offerings

Compare Espresso Sharekhan with TradeSmart 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 - Both broker don't offer online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Espresso Sharekhan with TradeSmart
Investment Offerings Compare Espresso Sharekhan TradeSmart
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds No No
Bond / NCD No No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment No No
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 TradeSmart on Order Types

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

Order Types - Compare Espresso Sharekhan with TradeSmart
Order Type Compare Espresso Sharekhan TradeSmart
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 No
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Customer Service Offered

Compare Espresso Sharekhan vs TradeSmart on Customer Service

Compare Espresso Sharekhan with TradeSmart 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 TradeSmart
Customer Service Compare Espresso Sharekhan TradeSmart
24/7 Customer Service Espresso Sharekhan vs TradeSmart - 24x7 customer support No No
Email Support Espresso Sharekhan vs TradeSmart - Email Support Yes Yes
Onine Live Chat Espresso Sharekhan vs TradeSmart - Onine Live Chat No Yes
Phone Support Espresso Sharekhan vs TradeSmart - Phone Support Yes Yes
Toll Free Number Espresso Sharekhan vs TradeSmart - Toll Free Number No No
Through Branches Espresso Sharekhan vs TradeSmart - Through Branches No No
Customer Care Number Espresso Sharekhan vs TradeSmart - Customer Care Number 022 6767 0700 022 61208000
Account Opening Process Espresso Sharekhan vs TradeSmart - Account Opening Process 100% online/paperless Online/Paperless
Customer Support Email Espresso Sharekhan vs TradeSmart - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Espresso Sharekhan vs TradeSmart - Knowledge Center/Education https://www.myespresso.com/the-espresso-blog https://help.tradesmartonline.in/
Head Office Address Espresso Sharekhan vs TradeSmart - 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.
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website Espresso Sharekhan vs TradeSmart - Company Website https://www.myespresso.com/ https://tradesmartonline.in/
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Tips/Research/Reports Published

Compare Espresso Sharekhan vs TradeSmart on Research Reports, Tips

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

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

Compare Espresso Sharekhan vs TradeSmart on Demat Account

Compare Espresso Sharekhan with TradeSmart 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 TradeSmart is ₹300 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 TradeSmart is ₹25.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 TradeSmart
  Espresso Sharekhan TradeSmart
DP Source CDSL CDSL
DP ID Espresso Sharekhan vs TradeSmart - DP ID CDSL-DP-45 30400
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹300 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) ₹25
Demat ₹5 per certificate (Min 50 per request) ₹500 per certificate (Min ₹500 per request)
Remat ₹50 per certificate or ₹50 for every hundred securities ₹500 per certificate (Min ₹500 per request)
Pledge Creation 0.03% (Min ₹100) ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation NIL Nil
Pledge Closure NIL ₹200 per script
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL ₹200 per script
Failed Instruction Charges Nil Nil
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 TradeSmart on Special Offers and Promotion

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

Compare Espresso Sharekhan vs TradeSmart on Special Offers and Promotion
  Espresso Sharekhan TradeSmart
Pay In and Pay Out Options Espresso Sharekhan vs TradeSmart - 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 SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Espresso Sharekhan vs TradeSmart - Payout Time Max 24 hrs except for bank holidays Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges Espresso Sharekhan vs TradeSmart - Bank Supported and Charges Around 31 banks allow instant credit facility with charges of Rs 9 + GST Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.
Bank Detail VNS Finance and Capital Services Ltd.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
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...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden charges.

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...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

Detail Review...

Special Offers/Promo Free Account Opening, Rs 400 Waived for a limited time.
Enquiry Open Espresso Sharekhan Account Now>> Open Zerodha Account Now>>

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