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Motilal Oswal Vs Espresso Sharekhan: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Motilal Oswal Max 0.02 to 0.20% per trade while the brokerage of Espresso Sharekhan ranges between Rs 20. Motilal Oswal 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 Espresso Sharekhan is 21,960 where number of active customer for Motilal Oswal is 1. Espresso Sharekhan is serving more customer compare to Motilal Oswal.

Here we present side-by-side comparison of Motilal Oswal 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 Motilal Oswal 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 Motilal Oswal 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 Motilal Oswal 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
  • 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 Motilal Oswal vs Espresso Sharekhan on Service

  Motilal Oswal Compare
Motilal Oswal
Espresso Sharekhan Compare
Espresso Sharekhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Active Clients 1 21,960
Broker Overview Extensive range of asset classes, award-winning research, personalized advisory services, great customer service, and dedicated MO Trader and MO Investor app are the key reasons that make Motilal Oswal an excellent broker for traders and investors. 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.
Broker Enquiry Request call back from Zerodha Request call back from Espresso Sharekhan
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Account Opening Charges and AMC

Compare Motilal Oswal vs Espresso Sharekhan on Trading & Demat Account Opening Charges

Comparison of Motilal Oswal with Espresso Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - Motilal Oswal offer Free account opening where Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opening. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal with Espresso Sharekhan
Charges Motilal Oswal Espresso Sharekhan
Trading Account Opening Fees Free Rs. 354 (Free for limited time)
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 per annum [Free for 1st year] Rs. 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Motilal Oswal vs Espresso Sharekhan on Plan Options

Plans are the most important feature you look when compare Motilal Oswal with Espresso Sharekhan. 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 Motilal Oswal with Espresso Sharekhan on Plan Options
Plan Types Motilal Oswal Espresso Sharekhan
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Espresso Sharekhan
Account Opening Request
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Brokerage Charges

Compare Motilal Oswal vs Espresso Sharekhan on Brokerage Charges

Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.

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 Motilal Oswal with Espresso Sharekhan
Brokerage Charges Compare Motilal Oswal Espresso Sharekhan
Plan Name Default Brokerage Plan Pay Only When You Profit
Equity Delivery 0.20% Free
Equity Intraday 0.02% 0.03% or Rs 20 whichever is lower
Equity Futures 0.02% 0.03% or Rs 20 whichever is lower
Equity Options Rs 20 per lot Flat Fee Rs 20
Currency Futures Rs 20 per lot 0.03% or Rs 20 whichever is lower
Currency Options Rs 20 per lot Flat Fee Rs 20
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot 0.03% or Rs 20 whichever is lower
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges NA Rs. 50 + GST per order placed through dealing desk
Auto Square off Charges NA Rs. 50 + GST per order placed through dealing desk
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Espresso Sharekhan
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Share Broker's Transaction Charges

Compare Motilal Oswal vs Espresso Sharekhan on Transaction Charges

Compare Motilal Oswal with Espresso Sharekhan on transaction charges and PCM fee by segment.

Transaction Charges - Compare Motilal Oswal with Espresso Sharekhan
Transaction Charges Compare Motilal Oswal Espresso Sharekhan
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 motilal-oswal Complete Brokerage Plans for espresso-sharekhan
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Account Features

Compare Motilal Oswal vs Espresso Sharekhan on Account Features

Compare Motilal Oswal with Espresso Sharekhan 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 - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Motilal Oswal offers NRI where Espresso Sharekhan doesn't offers NRI Trading.

Account Features - Motilal Oswal with Espresso Sharekhan
Account Features Compare Motilal Oswal Espresso Sharekhan
3 in 1 Account No Motilal Oswal have 2-in-1 account. Only Demate and Trading account. No Motilal Oswal have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Motilal Oswal vs Espresso Sharekhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal 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 Motilal Oswal with Espresso Sharekhan
Trading Platform Compare Motilal Oswal Espresso Sharekhan
Desktop Trading Platform Orion Lite Espresso
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No Yes
Web Trading Platform Yes Yes
Web Trading Detail https://power.motilaloswal.com/MOSL/userMaster/login https://trade.myespresso.com/trading/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App MO Trader Espresso Mobile App
Mobile Trading App Demo MO Trader Demo Espresso Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod MO Trader Download Andriod Espresso Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MO Trader Download iOS Espresso Mobile App 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 Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Espresso Sharekhan
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Espresso Sharekhan
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for espresso-sharekhan

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Broker Ratings by Users

Compare Motilal Oswal vs Espresso Sharekhan on User Rating

  Motilal Oswal Espresso Sharekhan
  57 Customer Reviews    Rate Motilal Oswal 1 Customer Reviews    Rate Espresso Sharekhan
Fees Ratings 3.2 1.0
Trading Brokerage Rating 2.6 5.0
Trading Platform Usability 3.2 3.0
Customer Service Ratings 3.0 2.0
Overall Ratings 3.0 1.0
Broker Rating Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Motilal Oswal vs Espresso Sharekhan on Investment Offerings

Compare Motilal Oswal 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 - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Motilal Oswal offers online mutual fund investment option where Espresso Sharekhan doesn't offer. Portfolio Management Services (PMS) - Motilal Oswal provide PMS Service where Espresso Sharekhan doesn't offer

Investment Offerings - Compare Motilal Oswal with Espresso Sharekhan
Investment Offerings Compare Motilal Oswal Espresso Sharekhan
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service Yes No
Other Investment Options NIL SGB, Buyback, IPO
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Order Types

Compare Motilal Oswal vs Espresso Sharekhan on Order Types

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

Compare Motilal Oswal vs Espresso Sharekhan on Customer Service

Compare Motilal Oswal 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 Support - Compare Motilal Oswal with Espresso Sharekhan
Customer Service Compare Motilal Oswal Espresso Sharekhan
24/7 Customer Service Motilal Oswal vs Espresso Sharekhan - 24x7 customer support No No
Email Support Motilal Oswal vs Espresso Sharekhan - Email Support Yes Yes
Onine Live Chat Motilal Oswal vs Espresso Sharekhan - Onine Live Chat No No
Phone Support Motilal Oswal vs Espresso Sharekhan - Phone Support Yes Yes
Toll Free Number Motilal Oswal vs Espresso Sharekhan - Toll Free Number No No
Through Branches Motilal Oswal vs Espresso Sharekhan - Through Branches Yes No
Customer Care Number Motilal Oswal vs Espresso Sharekhan - Customer Care Number 022 40548000/022 67490600 022 6767 0700
Account Opening Process Motilal Oswal vs Espresso Sharekhan - Account Opening Process Online/Paperless 100% online/paperless
Customer Support Email Motilal Oswal vs Espresso Sharekhan - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Motilal Oswal vs Espresso Sharekhan - Knowledge Center/Education https://edumo.motilaloswal.com/ https://www.myespresso.com/the-espresso-blog
Head Office Address Motilal Oswal vs Espresso Sharekhan - Head Office Address/Corporate Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Sharekhan Comtrade Private Limited
Lodha iThink Techno Campus, 10th Floor, Beta Building,
Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East),
Mumbai - 400 042, Maharashtra.
Website Motilal Oswal vs Espresso Sharekhan - Company Website https://www.motilaloswal.com/ https://www.myespresso.com/
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Tips/Research/Reports Published

Compare Motilal Oswal vs Espresso Sharekhan on Research Reports, Tips

Compare Motilal Oswal with Espresso Sharekhan on research reports and tips provided by the broker.

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

Compare Motilal Oswal vs Espresso Sharekhan on Demat Account

Compare Motilal Oswal 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 Motilal Oswal 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 Motilal Oswal is 0.04% of transaction value (Min ₹25) + ₹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 Charges - Compare Motilal Oswal with Espresso Sharekhan
  Motilal Oswal Espresso Sharekhan
DP Source CDSL CDSL
DP ID Motilal Oswal vs Espresso Sharekhan - DP ID 10900 CDSL-DP-45
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹400 pa
Advance Deposit NIL 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% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat ₹50 per certificate + ₹50 courier charges ₹5 per certificate (Min 50 per request)
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹50 per certificate or ₹50 for every hundred securities
Pledge Creation ₹35 0.03% (Min ₹100)
Pledge Creation Confirmation Nil NIL
Pledge Closure ₹35 NIL
Pledge Closure Confirmation Nil NIL
Pledge Invocation ₹35 NIL
Failed Instruction Charges Nil 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
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Espresso Sharekhan on Special Offers and Promotion

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

Compare Motilal Oswal vs Espresso Sharekhan on Special Offers and Promotion
  Motilal Oswal Espresso Sharekhan
Pay In and Pay Out Options Motilal Oswal vs Espresso Sharekhan - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from MO Desktop or MO Trader or MO Investor Mobile App.
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 Motilal Oswal vs Espresso Sharekhan - Payout Time Max 24 hrs except bank holidays. Max 24 hrs except for bank holidays
Bank Supported and Charges Motilal Oswal vs Espresso Sharekhan - Bank Supported and Charges Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. Around 31 banks allow instant credit facility with charges of Rs 9 + GST
Bank Detail Info Not Available
Likes

There are enormous benefits or advantages of trading with Motilal Oswal. Here are the reasons that make it a good fit for both traders and investors;

  • Choice of asset classes i.e., equities, derivatives, commodities, and currencies.
  • Free Demat and trading account opening.
  • Zero maintenance fee for 1st year.
  • Free mobile app for traders (Trader App) and investors (Investor App).
  • Invest in mutual funds and IPOs for free.
  • Free research reports & recommendations.
  • Safe & secure fund transfer with 39+ banks.
  • Access features; StockSIP, IAP (Algorithm advisory), and improve my portfolio (PR).
  • Margin trading and margin against shares
  • Free call & trade service.
  • EDUMO (free learning platform) for beginners, intermediate, and advanced traders.

Detail Review...

  • 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...

Dislikes

There are some drawbacks or disadvantages that might discourage you to not opening an account with Motilal Oswal. Here are some important trading cons;

  • High brokerage charges
  • Unlike many full-service brokers like Kotak, ICICI, etc., Motilal Oswal does not have any flat discount brokerage plan.
  • You cannot open a 3-in-1 account, Demat + Trading + Bank A/c.
  • It only provides regular mutual fund schemes.

Detail Review...

  • 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...

Special Offers/Promo Free Demat AMC (Client need to opt for 3,000 Value Pack (prepaid brokerage) or Open the A/c with above 25,000 margin)
Enquiry Open Zerodha Account Now>> Open Espresso Sharekhan Account Now>>

Last Updated on 2023-09-14T05:03:12+00:00