Espresso
Espresso is a company established by Sharekhan. It focuses on providing discount broking services.
Product Basket
The segments in which you can invest through this broker
Equity
Options
Currency
Futures
Commodity
Trading Platforms
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, Full Platform Details.
Myespresso Web Trading Platform
Espresso Mobile App
Binge
Charges
Account Opening Charges – Free
Account Maintenance Charges – ₹400
Call and Trade – ₹50
Brokerage Charges
Equity Delivery – Zero
Equity Intraday – 0.03%
Equity Futures – 0.03%
Equity Options – ₹20
Currency Futures – 0.03%
Currency Options – ₹20
Commodity Futures – 0.03%
Commodity Options – ₹20
Margins
Equity Delivery – 0x
Equity Intraday – 4x
Equity Futures – 0x
Equity Options – 0x
Currency Futures – 0x
Currency Options – 0x
Commodity Futures – 0x
Commodity Options – 0x
Pros
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Espresso provides a feature to user called pay on profit .
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It is a subsidiary of India’s largest broker ShareKhan.
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Broker provides educational contents free of cost in the form of Articles, Videos, and Movies.
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Call and Trade facilities are available at FREE of cost.
- FD can be use as collateral for future and Options trades.
Cons
- Espresso does not provide any financial services such as Banking, Insurance, and Forex Trading.
- The customer support is only available at working hours.
- Espresso does not offer 3 in 1 accounts.
3 in 1 Account