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Espresso Sharekhan Vs Alice Blue: 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 Alice Blue Max Rs 15 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Alice Blue is 1,60,409 where number of active customer for Espresso Sharekhan is 21,960. Alice Blue is serving more customer compare to Espresso Sharekhan.

Here we present side-by-side comparison of Espresso Sharekhan vs Alice Blue 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 Alice Blue'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 Alice Blue 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 Alice Blue'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 Alice Blue on Service

  Espresso Sharekhan Compare
Espresso Sharekhan
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 21,960 1,60,409
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. Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders.
Broker Enquiry Request call back from Espresso Sharekhan Request call back from Alice Blue
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Account Opening Charges and AMC

Compare Espresso Sharekhan vs Alice Blue on Trading & Demat Account Opening Charges

Comparison of Espresso Sharekhan with Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Alice Blue 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 Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Espresso Sharekhan with Alice Blue
Charges Espresso Sharekhan Alice Blue
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 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Espresso Sharekhan vs Alice Blue on Plan Options

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

Compare Espresso Sharekhan with Alice Blue on Plan Options
Plan Types Espresso Sharekhan Alice Blue
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Espresso Sharekhan Alice Blue
Account Opening Request
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Brokerage Charges

Compare Espresso Sharekhan vs Alice Blue 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.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Brokerage Charges - Compare Espresso Sharekhan with Alice Blue
Brokerage Charges Compare Espresso Sharekhan Alice Blue
Plan Name Pay Only When You Profit F15 Plan
Equity Delivery Free Free
Equity Intraday 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Equity Futures 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Minimum Brokerage NIL NA
Hidden Charges No No
Funding Info Not Available Yes - 24% interest PA
Call & Trade Charges Rs. 50 + GST per order placed through dealing desk Rs 50 per order + GST
Auto Square off Charges Rs. 50 + GST per order placed through dealing desk Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for Espresso Sharekhan Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare Espresso Sharekhan vs Alice Blue on Transaction Charges

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

Transaction Charges - Compare Espresso Sharekhan with Alice Blue
Transaction Charges Compare Espresso Sharekhan Alice Blue
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 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for espresso-sharekhan Complete Brokerage Plans for alice-blue
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Account Features

Compare Espresso Sharekhan vs Alice Blue on Account Features

Compare Espresso Sharekhan with Alice Blue 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 - Alice Blue offers Algo Trading where Espresso Sharekhan doesn't offers Algo Trading. Margin Funding - Espresso Sharekhan offers a margin funding where Alice Blue doesn't offers margin funding. NRI Trading - Alice Blue offers NRI where Espresso Sharekhan doesn't offers NRI Trading.

Account Features - Espresso Sharekhan with Alice Blue
Account Features Compare Espresso Sharekhan Alice Blue
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 No
Online Demo Yes No
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15 PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare Espresso Sharekhan vs Alice Blue on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Espresso Sharekhan and Alice Blue. 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 Alice Blue
Trading Platform Compare Espresso Sharekhan Alice Blue
Desktop Trading Platform Espresso ANT - Analyse and Trade
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
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Espresso Mobile App ANT Mobile
Mobile Trading App Demo Espresso Mobile App Demo ANT Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod Espresso Mobile App Download Andriod ANT Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Espresso Mobile App Download iOS ANT Mobile 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 Espresso Sharekhan Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for Espresso Sharekhan Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for Espresso Sharekhan Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for espresso-sharekhan Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare Espresso Sharekhan vs Alice Blue on User Rating

  Espresso Sharekhan Alice Blue
  1 Customer Reviews    Rate Espresso Sharekhan 8 Customer Reviews    Rate Alice Blue
Fees Ratings 1.0 2.6
Trading Brokerage Rating 5.0 3.4
Trading Platform Usability 3.0 2.4
Customer Service Ratings 2.0 2.6
Overall Ratings 1.0 2.1
Broker Rating Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews Alice Blue is Rated 2.1 / 5 based on 8 customer reviews
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Investment Offerings

Compare Espresso Sharekhan vs Alice Blue on Investment Offerings

Compare Espresso Sharekhan with Alice Blue 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 - Alice Blue 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 Alice Blue
Investment Offerings Compare Espresso Sharekhan Alice Blue
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 No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment No Yes
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 Alice Blue on Order Types

Order Type - Compare Espresso Sharekhan with Alice Blue 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) - Alice Blue provides 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) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear 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 a 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 Alice Blue doesn't support Good Till Cancelled (GTC) orders.

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

Compare Espresso Sharekhan vs Alice Blue on Customer Service

Compare Espresso Sharekhan with Alice Blue 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 Alice Blue
Customer Service Compare Espresso Sharekhan Alice Blue
24/7 Customer Service Espresso Sharekhan vs Alice Blue - 24x7 customer support No No
Email Support Espresso Sharekhan vs Alice Blue - Email Support Yes No
Onine Live Chat Espresso Sharekhan vs Alice Blue - Onine Live Chat No Yes
Phone Support Espresso Sharekhan vs Alice Blue - Phone Support Yes Yes
Toll Free Number Espresso Sharekhan vs Alice Blue - Toll Free Number No No
Through Branches Espresso Sharekhan vs Alice Blue - Through Branches No Yes
Customer Care Number Espresso Sharekhan vs Alice Blue - Customer Care Number 022 6767 0700 08035215000/080-45490850
Account Opening Process Espresso Sharekhan vs Alice Blue - Account Opening Process 100% online/paperless Online/Paperless
Customer Support Email Espresso Sharekhan vs Alice Blue - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Espresso Sharekhan vs Alice Blue - Knowledge Center/Education https://www.myespresso.com/the-espresso-blog https://tradeschool.aliceblueonline.com/
Head Office Address Espresso Sharekhan vs Alice Blue - 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.
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Website Espresso Sharekhan vs Alice Blue - Company Website https://www.myespresso.com/ https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare Espresso Sharekhan vs Alice Blue on Research Reports, Tips

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

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

Compare Espresso Sharekhan vs Alice Blue on Demat Account

Compare Espresso Sharekhan with Alice Blue 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 Alice Blue is ₹400 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 Alice Blue is 0.04% of the value of the transaction.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 Alice Blue
  Espresso Sharekhan Alice Blue
DP Source CDSL CDSL
DP ID Espresso Sharekhan vs Alice Blue - DP ID CDSL-DP-45 83500
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹400 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) Rs 0
Statutory charges Actual Stamp Paper Charges Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) 0.04% of the value of the transaction
Demat ₹5 per certificate (Min 50 per request) ₹10 per certificate + ₹50 courier charges
Remat ₹50 per certificate or ₹50 for every hundred securities ₹30 per certificate + CDSL charges
Pledge Creation 0.03% (Min ₹100) ₹20 + CDSL charges
Pledge Creation Confirmation NIL Nil
Pledge Closure NIL ₹20 + CDSL charges
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL ₹20 + CDSL charges
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 Alice Blue on Special Offers and Promotion

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

Compare Espresso Sharekhan vs Alice Blue on Special Offers and Promotion
  Espresso Sharekhan Alice Blue
Pay In and Pay Out Options Espresso Sharekhan vs Alice Blue - 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
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Espresso Sharekhan vs Alice Blue - Payout Time Max 24 hrs except for bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Espresso Sharekhan vs Alice Blue - Bank Supported and Charges Around 31 banks allow instant credit facility with charges of Rs 9 + GST Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
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...

  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

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...

  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

Special Offers/Promo
Enquiry Open Espresso Sharekhan Account Now>> Open Alice Blue Account Now>>

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