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
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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||NSE, BSE, MCX||BSE, NSE, MCX|
|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...||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.|
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 Account Opening Fees||Free||Rs. 354 (Free for limited time)|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 300 per annum||Rs. 400 PA|
|Provide DP Service|
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.
|Plan Types||ICICIDirect||Espresso Sharekhan|
|Account Opening Request|
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||Espresso Sharekhan|
|Plan Name||NEO Flat Discount Brokerage Plan||Pay Only When You Profit|
|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|
|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|
Compare ICICIDirect with Espresso Sharekhan on transaction charges and PCM fee by segment.
|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|
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 Compare||ICICIDirect||Espresso Sharekhan|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15 PM|
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||Espresso Sharekhan|
|Desktop Trading Platform||Trade Racer||Espresso|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.icicidirect.com||https://trade.myespresso.com/trading/login|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||ICICI direct Mobile||Espresso Mobile App|
|Mobile Trading App Demo||ICICI direct Mobile Demo||Espresso Mobile App Demo|
|Android Mobile App|
|Android App Download||Andriod ICICI direct Mobile Download||Andriod Espresso Mobile App Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS ICICI direct Mobile Download||iOS Espresso Mobile App Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
|266 Customer Reviews||1 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|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|
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||Espresso Sharekhan|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||SGB, Buyback, IPO|
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 Type Compare||ICICIDirect||Espresso Sharekhan|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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 Service Compare||ICICIDirect||Espresso Sharekhan|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||1860 123 1122||022 6767 0700|
|Account Opening Process||Online||100% online/paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||ICICI Centre,
H.T. Parekh Marg,
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.|
Compare ICICIDirect with Espresso Sharekhan on research reports and tips provided by the broker.
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 â€“ 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 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
Compare ICICIDirect with Espresso Sharekhan on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|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||Instant to ICICI Bank.||Max 24 hrs except for bank holidays|
|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.|
|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
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