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ICICIDirect 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 ICICIDirect Max Rs. 20 per trade while the brokerage of Espresso Sharekhan ranges between Rs 20. ICICIDirect is a Full Service Broker where Espresso Sharekhan is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for ICICIDirect is 29,08,417 where number of active customer for Espresso Sharekhan is . ICICIDirect is serving more customer compare to Espresso Sharekhan.

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

  ICICIDirect Compare
ICICIDirect
Espresso Sharekhan Compare
Espresso Sharekhan
Overall Rating Rated 4 stars Rated 4 stars
Brokerage Charges Rated 2.5 stars Rated 4.5 stars
Trading Platform Rated 4.5 stars Rated 4 stars
Investments Offering Rated 5 stars Rated 3.5 stars
Customer Service Rated 4 stars Rated 4.5 stars
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX
Active Clients 29,08,417
Broker Overview ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect 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 ICICIDirect vs Espresso Sharekhan on Trading & Demat Account Opening Charges

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

Trading & Demat Account Opening Charges - Compare ICICIDirect with Espresso Sharekhan
Charges ICICIDirect 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 Rs 300 per annum Rs. 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Espresso Sharekhan on Plan Options

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

Compare ICICIDirect with Espresso Sharekhan on Plan Options
Plan Types ICICIDirect Espresso Sharekhan
Multiple Plans Yes 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 ICICIDirect vs Espresso Sharekhan on Brokerage Charges

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

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 ICICIDirect with Espresso Sharekhan
Brokerage Charges Compare ICICIDirect Espresso Sharekhan
Plan Name NEO Flat Discount Brokerage Plan Pay Only When You Profit
Equity Delivery 0.55% Free
Equity Intraday Flat Rs. 20 per order 0.03% or Rs 20 whichever is lower
Equity Futures Free (Rs. 0 brokerage) 0.03% or Rs 20 whichever is lower
Equity Options Flat Rs. 20 per order Flat Fee Rs 20
Currency Futures Flat Rs. 20 per order 0.03% or Rs 20 whichever is lower
Currency Options Flat Rs. 20 per order Flat Fee Rs 20
Commodity Trading Flat Rs. 20 per order 0.03% or Rs 20 whichever is lower
Minimum Brokerage Rs 35 per trade NIL
Hidden Charges Yes No
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges First 20 call free and Rs 25 there onwards. Rs. 50 + GST per order placed through dealing desk
Auto Square off Charges First 20 call free and Rs 25 there onwards. Rs. 50 + GST per order placed through dealing desk
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Espresso Sharekhan
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Share Broker's Transaction Charges

Compare ICICIDirect vs Espresso Sharekhan on Transaction Charges

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

Transaction Charges - Compare ICICIDirect with Espresso Sharekhan
Transaction Charges Compare ICICIDirect Espresso Sharekhan
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 100 Per Cr Rs 90 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for espresso-sharekhan
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Account Features

Compare ICICIDirect vs Espresso Sharekhan on Account Features

Compare ICICIDirect with Espresso Sharekhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 account where Espresso Sharekhan offers only 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 - ICICIDirect offers NRI where Espresso Sharekhan doesn't offers NRI Trading.

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

Compare ICICIDirect vs Espresso Sharekhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect 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 ICICIDirect with Espresso Sharekhan
Trading Platform Compare ICICIDirect Espresso Sharekhan
Desktop Trading Platform Trade Racer Espresso
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) Yes Yes
Web Trading Platform Yes Yes
Web Trading Detail https://www.icicidirect.com https://trade.myespresso.com/trading/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ICICI direct Mobile Espresso Mobile App
Mobile Trading App Demo ICICI direct Mobile Demo Espresso Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod Espresso Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS Espresso Mobile 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 ICICIDirect Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for Espresso Sharekhan
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Espresso Sharekhan
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for espresso-sharekhan

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Broker Ratings by Users

Compare ICICIDirect vs Espresso Sharekhan on User Rating

  ICICIDirect Espresso Sharekhan
  266 Customer Reviews    Rate ICICIDirect 1 Customer Reviews    Rate Espresso Sharekhan
Fees Ratings 2.4 1.0
Trading Brokerage Rating 1.8 5.0
Trading Platform Usability 3.3 3.0
Customer Service Ratings 2.8 2.0
Overall Ratings Rated 2.5 stars Rated 1.0 stars
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 266 customer reviews Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare ICICIDirect vs Espresso Sharekhan on Investment Offerings

Compare ICICIDirect 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 - Espresso Sharekhan offers trading options in Commodity (MCX) where ICICIDirect doesn't offer. Online Mutual Fund Investment - ICICIDirect offers online mutual fund investment option where Espresso Sharekhan doesn't offer. Portfolio Management Services (PMS) - ICICIDirect provide PMS Service where Espresso Sharekhan doesn't offer

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

Compare ICICIDirect vs Espresso Sharekhan on Order Types

Order Type - Compare ICICIDirect 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) - ICICIDirect 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) - Espresso Sharekhan provides Bracket Orders (BO) where ICICIDirect 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)- 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 ICICIDirect with Espresso Sharekhan
Order Type Compare ICICIDirect Espresso Sharekhan
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare ICICIDirect vs Espresso Sharekhan on Customer Service

Compare ICICIDirect 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 ICICIDirect with Espresso Sharekhan
Customer Service Compare ICICIDirect Espresso Sharekhan
24/7 Customer Service ICICIDirect vs Espresso Sharekhan - 24x7 customer support No No
Email Support ICICIDirect vs Espresso Sharekhan - Email Support Yes Yes
Onine Live Chat ICICIDirect vs Espresso Sharekhan - Onine Live Chat No No
Phone Support ICICIDirect vs Espresso Sharekhan - Phone Support Yes Yes
Toll Free Number ICICIDirect vs Espresso Sharekhan - Toll Free Number No No
Through Branches ICICIDirect vs Espresso Sharekhan - Through Branches Yes No
Customer Care Number ICICIDirect vs Espresso Sharekhan - Customer Care Number 1860 123 1122 022 6767 0700
Account Opening Process ICICIDirect vs Espresso Sharekhan - Account Opening Process Online 100% online/paperless
Customer Support Email ICICIDirect vs Espresso Sharekhan - Customer Support Email [email protected] [email protected]
Knowledge Center/Education ICICIDirect vs Espresso Sharekhan - Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://www.myespresso.com/the-espresso-blog
Head Office Address ICICIDirect vs Espresso Sharekhan - Head Office Address/Corporate Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai – 400020
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 ICICIDirect vs Espresso Sharekhan - Company Website https://www.icicidirect.com https://www.myespresso.com/
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Tips/Research/Reports Published

Compare ICICIDirect vs Espresso Sharekhan on Research Reports, Tips

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

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

Compare ICICIDirect vs Espresso Sharekhan on Demat Account

Compare ICICIDirect 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 Espresso Sharekhan is ₹400 pa where for ICICIDirect is ₹700 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 ICICIDirect is 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) 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 ICICIDirect with Espresso Sharekhan
  ICICIDirect Espresso Sharekhan
DP Source CDSL CDSL
DP ID ICICIDirect vs Espresso Sharekhan - DP ID 14300 CDSL-DP-45
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹400 pa
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account 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) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat ₹50 per set up ₹5 per certificate (Min 50 per request)
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹50 per certificate or ₹50 for every hundred securities
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) 0.03% (Min ₹100)
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) NIL
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) NIL
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) NIL
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) NIL
Failed Instruction Charges ₹30 per transaction 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 ICICIDirect vs Espresso Sharekhan on Special Offers and Promotion

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

Compare ICICIDirect vs Espresso Sharekhan on Special Offers and Promotion
  ICICIDirect Espresso Sharekhan
Pay In and Pay Out Options ICICIDirect vs Espresso Sharekhan - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - 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 ICICIDirect vs Espresso Sharekhan - Payout Time Instant to ICICI Bank. Max 24 hrs except for bank holidays
Bank Supported and Charges ICICIDirect vs Espresso Sharekhan - Bank Supported and Charges Info Not Available Around 31 banks allow instant credit facility with charges of Rs 9 + GST
Bank Detail Direct from your ICICI bank account.
Likes
  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

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
  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

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 Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Zerodha Account Now>> Open Espresso Sharekhan Account Now>>

Last Updated on 2022-08-08T03:12:44+00:00