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Espresso Sharekhan Vs Nirmal Bang: 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 Nirmal Bang ranges between .02% to .20%. Espresso Sharekhan is a Discount Broker where Nirmal Bang is a Full Service Broker. Espresso Sharekhan is having overall higher rating compare to Nirmal Bang. Espresso Sharekhan is rated 4 out of 5 where Nirmal Bang is rated only 3 out of 5. Number of active customer for Nirmal Bang is 1,40,413 where number of active customer for Espresso Sharekhan is 20,604. Nirmal Bang is serving more customer compare to Espresso Sharekhan.

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

  Espresso Sharekhan Compare
Espresso Sharekhan
Nirmal Bang Compare
Nirmal Bang
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 BSE, NSE, MCX, NCDEX
Active Clients 20,604 1,40,413
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 trading & demat account with one of the most prominent full-service brokers in India. Get the best Nirmal Bang Research & advisory, portfolio management services, and trade on the superfast Beyond and ODIN trading platforms.
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 Nirmal Bang on Trading & Demat Account Opening Charges

Comparison of Espresso Sharekhan with Nirmal Bang on trading & demat account opening charges and AMC. Trading account opening charges - Nirmal Bang 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 Nirmal Bang charges Rs 200 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Espresso Sharekhan with Nirmal Bang
Charges Espresso Sharekhan Nirmal Bang
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 200 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Espresso Sharekhan vs Nirmal Bang on Plan Options

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

Nirmal Bang Brokerage Plan detail - Nirmal Bang default brokerage plan charges a fixed rate of percentage-based brokerage fee on trading in different segments.

Brokerage Charges - Compare Espresso Sharekhan with Nirmal Bang
Brokerage Charges Compare Espresso Sharekhan Nirmal Bang
Plan Name Pay Only When You Profit Basic Trading Plan (Percentage Based)
Equity Delivery Free 0.2% or 20 paisa
Equity Intraday 0.03% or Rs 20 whichever is lower 0.02% or 2 paisa
Equity Futures 0.03% or Rs 20 whichever is lower 0.02% or 2 paisa
Equity Options Flat Fee Rs 20 Rs 35 Per Lot
Currency Futures 0.03% or Rs 20 whichever is lower 0.02% or 2 paisa
Currency Options Flat Fee Rs 20 Rs 20 Per Lot
Commodity Trading 0.03% or Rs 20 whichever is lower 0.02% or 2 paisa
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 NA
Auto Square off Charges Rs. 50 + GST per order placed through dealing desk NA
Brokerage Calculator Brokerage Calculator for Espresso Sharekhan Brokerage Calculator for Nirmal Bang
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Share Broker's Transaction Charges

Compare Espresso Sharekhan vs Nirmal Bang on Transaction Charges

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

Transaction Charges - Compare Espresso Sharekhan with Nirmal Bang
Transaction Charges Compare Espresso Sharekhan Nirmal Bang
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 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for espresso-sharekhan Complete Brokerage Plans for nirmal-bang
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Account Features

Compare Espresso Sharekhan vs Nirmal Bang on Account Features

Compare Espresso Sharekhan with Nirmal Bang 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 - Nirmal Bang 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 Nirmal Bang
Account Features Compare Espresso Sharekhan Nirmal Bang
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 No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
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 Nirmal Bang on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Espresso Sharekhan and Nirmal Bang. 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 Nirmal Bang
Trading Platform Compare Espresso Sharekhan Nirmal Bang
Desktop Trading Platform Espresso ODIN Diet
Desktop Demo Desktop Demo Info Not Available
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://nbtrade.nirmalbang.net/netnetlite/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Espresso Mobile App Beyond
Mobile Trading App Demo Espresso Mobile App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Espresso Mobile App Download Andriod Beyond Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Espresso Mobile App Download iOS Beyond Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang
Futures Brokerage Calculator Futures Brokerage Calculator for Espresso Sharekhan Futures Brokerage Calculator for Nirmal Bang
Options Brokerage Calculator Options Brokerage Calculator for Espresso Sharekhan Options Brokerage Calculator for Nirmal Bang
Detail Detail on Trading Platforms for espresso-sharekhan Detail on Trading Platforms for nirmal-bang

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Broker Ratings by Users

Compare Espresso Sharekhan vs Nirmal Bang on User Rating

  Espresso Sharekhan Nirmal Bang
  1 Customer Reviews    Rate Espresso Sharekhan 2 Customer Reviews    Rate Nirmal Bang
Fees Ratings 1.0 3.5
Trading Brokerage Rating 5.0 4.0
Trading Platform Usability 3.0 3.0
Customer Service Ratings 2.0 3.5
Overall Ratings 1.0 3.5
Broker Rating Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare Espresso Sharekhan vs Nirmal Bang on Investment Offerings

Compare Espresso Sharekhan with Nirmal Bang 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 - Nirmal Bang 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 Nirmal Bang
Investment Offerings Compare Espresso Sharekhan Nirmal Bang
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds No Yes
Bond / NCD No Yes
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 Nirmal Bang on Order Types

Order Type - Compare Espresso Sharekhan with Nirmal Bang 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) - Both broker don't have Cover Orders (CO).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 provide Bracket Orders (BO) where Nirmal Bang 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- Espresso Sharekhan offers Good Till Cancelled (GTC) orders where Nirmal Bang doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Espresso Sharekhan with Nirmal Bang
Order Type Compare Espresso Sharekhan Nirmal Bang
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Espresso Sharekhan vs Nirmal Bang on Customer Service

Compare Espresso Sharekhan with Nirmal Bang 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 Nirmal Bang
Customer Service Compare Espresso Sharekhan Nirmal Bang
24/7 Customer Service Espresso Sharekhan vs Nirmal Bang - 24x7 customer support No No
Email Support Espresso Sharekhan vs Nirmal Bang - Email Support Yes Yes
Onine Live Chat Espresso Sharekhan vs Nirmal Bang - Onine Live Chat No No
Phone Support Espresso Sharekhan vs Nirmal Bang - Phone Support Yes Yes
Toll Free Number Espresso Sharekhan vs Nirmal Bang - Toll Free Number No No
Through Branches Espresso Sharekhan vs Nirmal Bang - Through Branches No Yes
Customer Care Number Espresso Sharekhan vs Nirmal Bang - Customer Care Number 022 6767 0700 Info Not Available
Account Opening Process Espresso Sharekhan vs Nirmal Bang - Account Opening Process 100% online/paperless Info Not Available
Customer Support Email Espresso Sharekhan vs Nirmal Bang - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Espresso Sharekhan vs Nirmal Bang - Knowledge Center/Education https://www.myespresso.com/the-espresso-blog Info Not Available
Head Office Address Espresso Sharekhan vs Nirmal Bang - 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.
Info Not Available
Website Espresso Sharekhan vs Nirmal Bang - Company Website https://www.myespresso.com/ Info Not Available
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Tips/Research/Reports Published

Compare Espresso Sharekhan vs Nirmal Bang on Research Reports, Tips

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

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

Compare Espresso Sharekhan vs Nirmal Bang on Demat Account

Compare Espresso Sharekhan with Nirmal Bang 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 Nirmal Bang is ₹360 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 Nirmal Bang is 0.03% of the transaction value (Min ₹15).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 Nirmal Bang
  Espresso Sharekhan Nirmal Bang
DP Source CDSL CDSL
DP ID Espresso Sharekhan vs Nirmal Bang - DP ID CDSL-DP-45 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹360 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) 0.03% of the transaction value (Min ₹15)
Demat ₹5 per certificate (Min 50 per request) ₹40 per demat requets + ₹40 for additional 50 certificate
Remat ₹50 per certificate or ₹50 for every hundred securities 0.04% of the value or ₹15 per certificate (whichever is higher)
Pledge Creation 0.03% (Min ₹100) 0.02% of the transaction value (Min ₹100)
Pledge Creation Confirmation NIL Nil
Pledge Closure NIL 0.02% of the transaction value (Min ₹100)
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL 0.02% of the transaction value (Min ₹100)
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 Nirmal Bang on Special Offers and Promotion

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

Compare Espresso Sharekhan vs Nirmal Bang on Special Offers and Promotion
  Espresso Sharekhan Nirmal Bang
Pay In and Pay Out Options Espresso Sharekhan vs Nirmal Bang - 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
Info Not Available
Payout Time Espresso Sharekhan vs Nirmal Bang - Payout Time Max 24 hrs except for bank holidays Info Not Available
Bank Supported and Charges Espresso Sharekhan vs Nirmal Bang - Bank Supported and Charges Around 31 banks allow instant credit facility with charges of Rs 9 + GST Info Not Available
Bank Detail Info Not Available
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...

  • Multiple trading and investment products.
  • Zero account opening fees.
  • Low maintenance charges.
  • Trade on the web, Beyond mobile app, and ODIN desktop platform.
  • Next-gen Algo trading platform to automate your trading journey.
  • Technical calls and research across equity, commodity, currency, mutual funds, etc.
  • Institutional research including sector and company-specific reports.
  • An abundance of educational sources i.e., articles, blogs, and educational videos.
  • Margin trading facility (MTF) and Loan against securities (LAS).
  • After-market order (AMO) 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...

  • Nirmal Bang does not provide Good Till Triggered (GTT) order
  • High brokerage charges than discount brokers.
  • Minimum margin money of Rs. 10,000 is required to maintain.
  • It does not provide a 3-in-1 account opening facility.

Detail Review...

Special Offers/Promo
Enquiry Open Espresso Sharekhan Account Now>> Open Zerodha Account Now>>

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