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The brokerage of Finvasia ranges between Rs 0, the brokerage of Espresso Sharekhan ranges between Rs 20, while the brokerage of Alice Blue ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for Finvasia is 4, Espresso Sharekhan is rated 4, Alice Blue is rated 4 out of 5.
Here we present side-by-side comparison of Finvasia vs Espresso Sharekhan vs Alice Blue stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs Espresso Sharekhan vs Alice Blue on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Finvasia vs Espresso Sharekhan vs Alice Blue in this setion with 360 degree view of broker information.
 Finvasia |
 Espresso Sharekhan |
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
| Broker Overview | Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...  |
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. |
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In this section we have compared Finvasia vs Espresso Sharekhan vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia and Alice Blue offer Free account opening where Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opeing. Demat AMC charges - Finvasia charges Free as AMC for Demat account, Espresso Sharekhan charges Rs. 400 PA AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.
| Charges | Finvasia | Espresso Sharekhan | Alice Blue |
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| Trading Account Opening Fees | Free | Rs. 354 (Free for limited time) | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Free | Rs. 400 PA | Rs 400 PA |
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Plans are the most important feature you look when compare Finvasia vs Espresso Sharekhan vs Alice Blue. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Alice Blue offers Multiple Plans where Finvasia and Espresso Sharekhan doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Finvasia | Espresso Sharekhan | Alice Blue |
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| Zerodha | Espresso Sharekhan | Alice Blue | |
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Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
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 | Finvasia | Espresso Sharekhan | Alice Blue |
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| Plan Name | Zero Brokerage Trading Plan | Pay Only When You Profit | F15 Plan |
| Equity Delivery | Rs 0 | Free | Free |
| Equity Intraday | Rs 0 | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 15 whichever is lower |
| Equity Futures | Rs 0 | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 15 whichever is lower |
| Equity Options | Rs 0 | Flat Fee Rs 20 | Flat Fee Rs 15 |
| Currency Futures | Rs 0 | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 15 whichever is lower |
| Currency Options | Rs 0 | Flat Fee Rs 20 | Flat Fee Rs 15 |
| Commodity Trading | Rs 0 | 0.03% or Rs 20 whichever is lower | Flat Fee Rs 15 |
| Minimum Brokerage | NA | NIL | NA |
| Hidden Charges | No | No | |
| Funding | Yes, 24% interest PA | Info Not Available | Yes - 24% interest PA |
| Call & Trade Charges | Free | Rs. 50 + GST per order placed through dealing desk | Rs 50 per order + GST |
| Auto Square off Charges | Free | Rs. 50 + GST per order placed through dealing desk | Rs 50 per order + GST |
| Brokerage Calculator | Brokerage Calculator for Finvasia | Brokerage Calculator for Espresso Sharekhan | Brokerage Calculator for Alice Blue |
Compare Finvasia vs Espresso Sharekhan vs Alice Blue on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Finvasia | Espresso Sharekhan | Alice Blue |
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| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | 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 | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | 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 | 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 | 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 | 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 | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for espresso-sharekhan | Complete Brokerage Plans for alice-blue |
Compare Finvasia vs Espresso Sharekhan vs Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - Espresso Sharekhan offers margin funding where Finvasia and Alice Blue doesn't offers margin funding. NRI Trading - Finvasia and Alice Blue offers NRI Trading where Espresso Sharekhan doesn't offers NRI Trading.
| Account Features Compare | Finvasia | Espresso Sharekhan | Alice Blue |
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| 3 in 1 Account | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15 PM | 3:15 PM | 3:15 PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs Espresso Sharekhan vs Alice Blue. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
| Trading Platform Compare | Finvasia | Espresso Sharekhan | Alice Blue |
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| Desktop Trading Platform | OMNESYS NEST | Espresso | ANT - Analyse and Trade |
| Desktop Demo | Info Not Available | Desktop Demo | Info Not Available |
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https://trade.finvasia.com/ |
https://trade.myespresso.com/trading/login |
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| Web Trading Demo | Info Not Available | Web Trading Demo | Info Not Available |
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| Mobile Trading App | SCALPERT | Espresso Mobile App | ANT Mobile |
| Mobile Trading App Demo | SCALPERT Demo | Espresso Mobile App Demo | ANT Mobile Demo |
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| Android App Download | Andriod SCALPERT Download | Andriod Espresso Mobile App Download | Andriod Download |
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| iOS App Download | Info Not Available | iOS Espresso Mobile App Download | iOS ANT Mobile Download |
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| Trading Software Charges | Basic platforms are free, advance platforms are chargeable. | Free | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Finvasia | 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 Finvasia | Futures Brokerage Calculator for Espresso Sharekhan | Futures Brokerage Calculator for Alice Blue |
| Options Brokerage Calculator | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for Espresso Sharekhan | Options Brokerage Calculator for Alice Blue |
| Detail | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for espresso-sharekhan | Detail on Trading Platforms for alice-blue |
| Finvasia | Espresso Sharekhan | Alice Blue | ||
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17 Customer Reviews
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1 Customer Reviews
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8 Customer Reviews
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| Broker Rating | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews | Alice Blue is Rated 2.1 / 5 based on 8 customer reviews |
Compare Finvasia vs Espresso Sharekhan vs 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - Finvasia and Alice Blue offers online mutual fund investment where Espresso Sharekhan doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.
| Investment Offerings Compare | Finvasia | Espresso Sharekhan | Alice Blue |
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| Other Investment Options | NIL | SGB, Buyback, IPO | NIL |
Order Type - Compare Finvasia vs Espresso Sharekhan vs Alice Blue on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Finvasia and Alice Blue provides Cover Orders (CO) facility where Espresso Sharekhan doesn't provides Cover Orders. Bracket Orders (BO) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Espresso Sharekhan offers Good Till Cancelled (GTC) orders facility where Finvasia and Alice Blue doesn't provides GTC.
| Order Type Compare | Finvasia | Espresso Sharekhan | Alice Blue |
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Compare Finvasia vs Espresso Sharekhan vs Alice Blue on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
| Customer Service Compare | Finvasia | Espresso Sharekhan | Alice Blue |
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| 24/7 Customer Service | |
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| Customer Care Number | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 022 6767 0700 | 08035215000/080-45490850 |
| Account Opening Process | Online/Paperless | 100% online/paperless | Online/Paperless |
| Customer Support Email | [email protected]/[email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://finvasia.com/announcements | https://www.myespresso.com/the-espresso-blog | https://tradeschool.aliceblueonline.com/ |
| Head Office Address | Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
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 | https://www.finvasia.com/ | https://www.myespresso.com/ | https://www.aliceblueonline.com |
Compare Finvasia vs Espresso Sharekhan vs Alice Blue on research reports and tips provided by broker.
| Finvasia | Espresso Sharekhan | Alice Blue | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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| Daily Market Report | |
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Compare Finvasia vs Espresso Sharekhan vs Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Finvasia | Espresso Sharekhan | Alice Blue | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 84300 | CDSL-DP-45 | 83500 |
| Demat Account Annual Maintenance Charges(AMC) | Free | ₹400 pa | ₹400 pa |
| Advance Deposit | Rs 0 | 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 | Nil | Actual Stamp Paper Charges | Rs 150 Stamp Charges |
| Transaction Charges on Debit (Per ISIN) | ₹9 + ₹5.50 (CDSL Charges) for every transaction | 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) | 0.04% of the value of the transaction |
| Demat | ₹15 per certificate | ₹5 per certificate (Min 50 per request) | ₹10 per certificate + ₹50 courier charges |
| Remat | ₹15 for every hundred securities + CDSL Charges | ₹50 per certificate or ₹50 for every hundred securities | ₹30 per certificate + CDSL charges |
| Pledge Creation | ₹25 per transaction | 0.03% (Min ₹100) | ₹20 + CDSL charges |
| Pledge Creation Confirmation | NIL | NIL | Nil |
| Pledge Closure | ₹25 per transaction | NIL | ₹20 + CDSL charges |
| Pledge Closure Confirmation | NIL | NIL | Nil |
| Pledge Invocation | ₹19 per transaction | NIL | ₹20 + CDSL charges |
| Failed Instruction Charges | ₹49 | 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 |
Nil |
Compare Finvasia vs Espresso Sharekhan vs Alice Blue on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Finvasia | Espresso Sharekhan | Alice Blue | |
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| Pay In and Pay Out Options | Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through 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 |
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 | Up to 24 hrs except for bank holidays. | Max 24 hrs except for bank holidays | Upto 24 Hrs except Bank Holidays. |
| Bank Supported and Charges | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. | 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 | FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
Aliceblue Financial Services, Account Number:ABFNSEXXXXXXXX Bank and Branch: HDFC Bank,Sathy Road,Erode Account Type: Current Account IFSC Code: HDFC0000232 |
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No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | ||
| Enquire for Finvasia | Enquire for Espresso Sharekhan | Enquire for Alice Blue |
Last Updated on 2023-09-05T02:25:49+00:00
