Saturday, November 26, 2022

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

  • Espresso provides a feature to user called pay on profit .
  • It is a subsidiary of India’s largest broker ShareKhan.
  • Broker provides educational contents free of cost in the form of Articles, Videos, and Movies.
  • 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.

Additional Features

Extra features provided by the broker at little or no extra cost.

 3 in 1 Account

 Free Trading Call

 Fee Research Report

 SMS Alerts

 Margin Funding

Margin Against Share

More Investment Options

Services provided by the broker for investing in other financial assets.

Mutual Funds

 IPO

Bond and Debt Assets

ETFs

Insurance