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Reliance Securities Vs Espresso Sharekhan: Which one is better?

Both the brokers are registered with SEBI. Reliance Securities offers investmenet in Equity, F&O and Currency only, where Espresso Sharekhan offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Reliance Securities Max 0.05 - 0.50% per trade while the brokerage of Espresso Sharekhan ranges between Rs 20. Reliance Securities is a Full Service Broker where Espresso Sharekhan is a Discount Broker. Reliance Securities is having overall lower rating compare to Espresso Sharekhan. Reliance Securities is rated only 3.5 out of 5 where Espresso Sharekhan is rated 4 out of 5. Number of active customer for Reliance Securities is 74,804 where number of active customer for Espresso Sharekhan is 21,960. Reliance Securities is serving more customer compare to Espresso Sharekhan.

Here we present side-by-side comparison of Reliance Securities 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 Reliance Securities 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 Reliance Securities 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 Reliance Securities 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 Reliance Securities vs Espresso Sharekhan on Service

  Reliance Securities Compare
Reliance Securities
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? NSE, BSE BSE, NSE, MCX
Active Clients 74,804 21,960
Broker Overview Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ... Know more about Reliance Securities 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 Reliance Securities vs Espresso Sharekhan on Trading & Demat Account Opening Charges

Comparison of Reliance Securities with Espresso Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - Reliance Securities charges Rs 950 for account opening where Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opening. Demat AMC charges - Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Reliance Securities with Espresso Sharekhan
Charges Reliance Securities Espresso Sharekhan
Trading Account Opening Fees Rs 950 Rs. 354 (Free for limited time)
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) Rs. 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Reliance Securities vs Espresso Sharekhan on Plan Options

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

Compare Reliance Securities with Espresso Sharekhan on Plan Options
Plan Types Reliance Securities Espresso Sharekhan
Multiple Plans Yes 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 Reliance Securities vs Espresso Sharekhan on Brokerage Charges

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

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 Reliance Securities with Espresso Sharekhan
Brokerage Charges Compare Reliance Securities Espresso Sharekhan
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) Pay Only When You Profit
Equity Delivery 0.50% Free
Equity Intraday 0.05% 0.03% or Rs 20 whichever is lower
Equity Futures 0.05% 0.03% or Rs 20 whichever is lower
Equity Options Rs 100 Per Lot Flat Fee Rs 20
Currency Futures 0.05% 0.03% or Rs 20 whichever is lower
Currency Options Rs 100 Per Lot Flat Fee Rs 20
Commodity Trading Future: 0.05%| Options: Rs 100 per lot 0.03% or Rs 20 whichever is lower
Minimum Brokerage 5 paise per share NIL
Hidden Charges No No
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Rs 20 per call (Free First 20 call per month) Rs. 50 + GST per order placed through dealing desk
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. Rs. 50 + GST per order placed through dealing desk
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for Espresso Sharekhan
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Share Broker's Transaction Charges

Compare Reliance Securities vs Espresso Sharekhan on Transaction Charges

Compare Reliance Securities with Espresso Sharekhan on transaction charges and PCM fee by segment.

Transaction Charges - Compare Reliance Securities with Espresso Sharekhan
Transaction Charges Compare Reliance Securities 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 reliance-securities Complete Brokerage Plans for espresso-sharekhan
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Account Features

Compare Reliance Securities vs Espresso Sharekhan on Account Features

Compare Reliance Securities 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 - Reliance Securities offers NRI where Espresso Sharekhan doesn't offers NRI Trading.

Account Features - Reliance Securities with Espresso Sharekhan
Account Features Compare Reliance Securities Espresso Sharekhan
3 in 1 Account No Reliance Securities have 2-in-1 account. Only Demate and Trading account. No Reliance Securities 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 Mobile Application: Rmobile Xpress NIL
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Trading Platform

Compare Reliance Securities vs Espresso Sharekhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities 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 Reliance Securities with Espresso Sharekhan
Trading Platform Compare Reliance Securities Espresso Sharekhan
Desktop Trading Platform InstaXpress 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 http://tick.rsec.co.in/ 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 TICK PRO Espresso Mobile App
Mobile Trading App Demo TICK PRO Demo Espresso Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod TICK PRO Download Andriod Espresso Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS TICK PRO 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 Reliance Securities Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for Espresso Sharekhan
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for Espresso Sharekhan
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for espresso-sharekhan

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Broker Ratings by Users

Compare Reliance Securities vs Espresso Sharekhan on User Rating

  Reliance Securities Espresso Sharekhan
  52 Customer Reviews    Rate Reliance Securities 1 Customer Reviews    Rate Espresso Sharekhan
Fees Ratings 3.5 1.0
Trading Brokerage Rating 3.4 5.0
Trading Platform Usability 3.3 3.0
Customer Service Ratings 3.4 2.0
Overall Ratings 3.4 1.0
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Reliance Securities vs Espresso Sharekhan on Investment Offerings

Compare Reliance Securities 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 - Reliance Securities offers online mutual fund investment option where Espresso Sharekhan doesn't offer. Portfolio Management Services (PMS) - Reliance Securities provide PMS Service where Espresso Sharekhan doesn't offer

Investment Offerings - Compare Reliance Securities with Espresso Sharekhan
Investment Offerings Compare Reliance Securities 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 Yes No
PMS Service Yes No
Other Investment Options NIL SGB, Buyback, IPO
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Order Types

Compare Reliance Securities vs Espresso Sharekhan on Order Types

Order Type - Compare Reliance Securities 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) - Reliance Securities 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- Espresso Sharekhan offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Reliance Securities with Espresso Sharekhan
Order Type Compare Reliance Securities 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 No Yes
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Customer Service Offered

Compare Reliance Securities vs Espresso Sharekhan on Customer Service

Compare Reliance Securities 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 Reliance Securities with Espresso Sharekhan
Customer Service Compare Reliance Securities Espresso Sharekhan
24/7 Customer Service Reliance Securities vs Espresso Sharekhan - 24x7 customer support No No
Email Support Reliance Securities vs Espresso Sharekhan - Email Support Yes Yes
Onine Live Chat Reliance Securities vs Espresso Sharekhan - Onine Live Chat Yes No
Phone Support Reliance Securities vs Espresso Sharekhan - Phone Support Yes Yes
Toll Free Number Reliance Securities vs Espresso Sharekhan - Toll Free Number Yes No
Through Branches Reliance Securities vs Espresso Sharekhan - Through Branches Yes No
Customer Care Number Reliance Securities vs Espresso Sharekhan - Customer Care Number 022 41596000 | 022 62436000 022 6767 0700
Account Opening Process Reliance Securities vs Espresso Sharekhan - Account Opening Process Online/Paperless 100% online/paperless
Customer Support Email Reliance Securities vs Espresso Sharekhan - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Reliance Securities vs Espresso Sharekhan - Knowledge Center/Education https://www.reliancesmartmoney.com/Insights https://www.myespresso.com/the-espresso-blog
Head Office Address Reliance Securities vs Espresso Sharekhan - Head Office Address/Corporate Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
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 Reliance Securities vs Espresso Sharekhan - Company Website https://www.reliancesmartmoney.com https://www.myespresso.com/
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Tips/Research/Reports Published

Compare Reliance Securities vs Espresso Sharekhan on Research Reports, Tips

Compare Reliance Securities with Espresso Sharekhan on research reports and tips provided by the broker.

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

Compare Reliance Securities vs Espresso Sharekhan on Demat Account

Compare Reliance Securities 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 Reliance Securities is ₹300 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 Reliance Securities is 0.04% (Min ₹27) + 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 Reliance Securities with Espresso Sharekhan
  Reliance Securities Espresso Sharekhan
DP Source CDSL CDSL
DP ID Reliance Securities vs Espresso Sharekhan - DP ID 41400 CDSL-DP-45
Demat Account Annual Maintenance Charges(AMC) ₹300 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% (Min ₹27) + CDSL charges 0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat ₹5 per certificate + ₹30 request charges ₹5 per certificate (Min 50 per request)
Remat ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges ₹50 per certificate or ₹50 for every hundred securities
Pledge Creation 0.05% of transaction value (Min ₹30) 0.03% (Min ₹100)
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) NIL
Pledge Closure 0.05% of transaction value (Min ₹30) NIL
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) NIL
Pledge Invocation 0.05% of transaction value (Min ₹30) 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 Reliance Securities vs Espresso Sharekhan on Special Offers and Promotion

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

Compare Reliance Securities vs Espresso Sharekhan on Special Offers and Promotion
  Reliance Securities Espresso Sharekhan
Pay In and Pay Out Options Reliance Securities 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 RelianceSmartMoney platform.
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 Reliance Securities vs Espresso Sharekhan - Payout Time Max 24 hrs except bank holidays Max 24 hrs except for bank holidays
Bank Supported and Charges Reliance Securities vs Espresso Sharekhan - Bank Supported and Charges Info Not Available Around 31 banks allow instant credit facility with charges of Rs 9 + GST
Bank Detail RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes
  • Multiple exchanges trading on BSE, NSE, and MCX.
  • Buy insurance plans like car insurance, health insurance, general insurance, etc.
  • Multiple brokerage plans.
  • Free state of the art and user-friendly TICK web, app, and desktop platform.
  • Zero Demat Account opening fees.
  • Zero brokerage benefits for the first 30 days.
  • No AMC for the first year.
  • Research reports, model portfolios, and stocks and mutual funds research recommendations.
  • R Model Portfolio and mutual fund basket recommendations.
  • Invest in the portfolio management services.
  • Robo assist technology platform for goal-based investing.
  • NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO).
  • Place Valid Till Cancelled order for maximum validity of 45 days.
  • Free first 20 call & trade every month.
  • An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners.

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
  • No flat brokerage plan is offered by Reliance Securities.
  • High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox.
  • The full-service broker does not have a toll-free number to provide 24*7 customer support.

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
Enquiry Open Zerodha Account Now>> Open Espresso Sharekhan Account Now>>

Last Updated on 2023-09-13T01:50:30+00:00