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Espresso Sharekhan Vs Upstox: 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 Upstox Max Rs 20 per trade. Both the brokers are Discount Brokers. Espresso Sharekhan is having overall lower rating compare to Upstox. Espresso Sharekhan is rated only 4 out of 5 where Upstox is rated 4.5 out of 5. Number of active customer for Upstox is 24,01,555 where number of active customer for Espresso Sharekhan is 20,604. Upstox is serving more customer compare to Espresso Sharekhan.

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

  Espresso Sharekhan Compare
Espresso Sharekhan
Upstox Compare
Upstox
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, MCX
Active Clients 20,604 24,01,555
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. Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.
Broker Enquiry Request call back from Espresso Sharekhan Request call back from Upstox
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Account Opening Charges and AMC

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

Comparison of Espresso Sharekhan with Upstox 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 Upstox charges Promotion offer: Free for account opening. Demat AMC charges - Upstox 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 Upstox
Charges Espresso Sharekhan Upstox
Trading Account Opening Fees Rs. 354 (Free for limited time) Promotion offer: 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 Upstox on Plan Options

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

Account Opening

  Espresso Sharekhan Upstox
Account Opening Request
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Brokerage Charges

Compare Espresso Sharekhan vs Upstox 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.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

Brokerage Charges - Compare Espresso Sharekhan with Upstox
Brokerage Charges Compare Espresso Sharekhan Upstox
Plan Name Pay Only When You Profit Max Rs 20 Per Order Trading Plan
Equity Delivery Free 2.5% 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 0.05% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 20
Commodity Trading 0.03% or Rs 20 whichever is lower Flat Fee Rs 20
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 + 18% GST
Auto Square off Charges Rs. 50 + GST per order placed through dealing desk Rs 50 + 18% GST
Brokerage Calculator Brokerage Calculator for Espresso Sharekhan Brokerage Calculator for Upstox
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Share Broker's Transaction Charges

Compare Espresso Sharekhan vs Upstox on Transaction Charges

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

Transaction Charges - Compare Espresso Sharekhan with Upstox
Transaction Charges Compare Espresso Sharekhan Upstox
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 upstox
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Account Features

Compare Espresso Sharekhan vs Upstox on Account Features

Compare Espresso Sharekhan with Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where Espresso Sharekhan offers only 2-in-1 account which includes trading and demat account. Algo Trading - Upstox 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 - both doesn't offer NRI Trading facility.

Account Features - Espresso Sharekhan with Upstox
Account Features Compare Espresso Sharekhan Upstox
3 in 1 Account No Espresso Sharekhan have 2-in-1 account. Only Demate and Trading account. Yes, Espresso Sharekhan have 3-in-1 accounts. Bank Account, Demat 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 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 Upstox on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Espresso Sharekhan and Upstox. 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 Upstox
Trading Platform Compare Espresso Sharekhan Upstox
Desktop Trading Platform Espresso Upstox Pro
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 https://pro.upstox.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Espresso Mobile App Upstox
Mobile Trading App Demo Espresso Mobile App Demo Upstox Demo
Android Mobile App Yes Yes
Android App Download Andriod Espresso Mobile App Download Andriod Upstox Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Espresso Mobile App Download iOS Upstox 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 Upstox
Futures Brokerage Calculator Futures Brokerage Calculator for Espresso Sharekhan Futures Brokerage Calculator for Upstox
Options Brokerage Calculator Options Brokerage Calculator for Espresso Sharekhan Options Brokerage Calculator for Upstox
Detail Detail on Trading Platforms for espresso-sharekhan Detail on Trading Platforms for upstox

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Broker Ratings by Users

Compare Espresso Sharekhan vs Upstox on User Rating

  Espresso Sharekhan Upstox
  1 Customer Reviews    Rate Espresso Sharekhan 12 Customer Reviews    Rate Upstox
Fees Ratings 1.0 3.5
Trading Brokerage Rating 5.0 3.8
Trading Platform Usability 3.0 3.7
Customer Service Ratings 2.0 3.5
Overall Ratings 1.0 3.7
Broker Rating Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews Upstox is Rated 3.7 / 5 based on 12 customer reviews
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Investment Offerings

Compare Espresso Sharekhan vs Upstox on Investment Offerings

Compare Espresso Sharekhan with Upstox 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 - Upstox 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 Upstox
Investment Offerings Compare Espresso Sharekhan Upstox
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 No
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No Yes
PMS Service No No
Other Investment Options SGB, Buyback, IPO NIL
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Order Types

Compare Espresso Sharekhan vs Upstox on Order Types

Order Type - Compare Espresso Sharekhan with Upstox 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) - Upstox 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 Upstox
Order Type Compare Espresso Sharekhan Upstox
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 Upstox on Customer Service

Compare Espresso Sharekhan with Upstox 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 Upstox
Customer Service Compare Espresso Sharekhan Upstox
24/7 Customer Service Espresso Sharekhan vs Upstox - 24x7 customer support No No
Email Support Espresso Sharekhan vs Upstox - Email Support Yes Yes
Onine Live Chat Espresso Sharekhan vs Upstox - Onine Live Chat No Yes
Phone Support Espresso Sharekhan vs Upstox - Phone Support Yes Yes
Toll Free Number Espresso Sharekhan vs Upstox - Toll Free Number No No
Through Branches Espresso Sharekhan vs Upstox - Through Branches No Yes
Customer Care Number Espresso Sharekhan vs Upstox - Customer Care Number 022 6767 0700 +91 22 6130 9999
Account Opening Process Espresso Sharekhan vs Upstox - Account Opening Process 100% online/paperless Online/Paperless
Customer Support Email Espresso Sharekhan vs Upstox - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Espresso Sharekhan vs Upstox - Knowledge Center/Education https://www.myespresso.com/the-espresso-blog https://upstox.com/help-center/
Head Office Address Espresso Sharekhan vs Upstox - 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.
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website Espresso Sharekhan vs Upstox - Company Website https://www.myespresso.com/ https://upstox.com/
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Tips/Research/Reports Published

Compare Espresso Sharekhan vs Upstox on Research Reports, Tips

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

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

Compare Espresso Sharekhan vs Upstox on Demat Account

Compare Espresso Sharekhan with Upstox 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 Upstox 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 Upstox is ₹13 + ₹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 Upstox
  Espresso Sharekhan Upstox
DP Source CDSL CDSL
DP ID Espresso Sharekhan vs Upstox - DP ID CDSL-DP-45 81800
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) ₹13 + ₹5.50 CDSL charges
Demat ₹5 per certificate (Min 50 per request) ₹20 + ₹50 courier charges
Remat ₹50 per certificate or ₹50 for every hundred securities ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation 0.03% (Min ₹100) 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation NIL 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure NIL 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation NIL 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation NIL 0.05% of the transaction value (Min ₹50)
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 Upstox on Special Offers and Promotion

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

Compare Espresso Sharekhan vs Upstox on Special Offers and Promotion
  Espresso Sharekhan Upstox
Pay In and Pay Out Options Espresso Sharekhan vs Upstox - 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 funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Payout Time Espresso Sharekhan vs Upstox - Payout Time Max 24 hrs except for bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Espresso Sharekhan vs Upstox - Bank Supported and Charges Around 31 banks allow instant credit facility with charges of Rs 9 + GST Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.
Bank Detail HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
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...

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

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 some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

Special Offers/Promo Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
Enquiry Open Espresso Sharekhan Account Now>> Open Upstox Account Now>>

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