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ICICIDirect Vs Espresso Sharekhan Vs Groww: Which one is better?

The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of Espresso Sharekhan ranges between Rs 20, while the brokerage of Groww ranges between Rs 20. The broker Espresso Sharekhan and Groww are a discount brokers where ICICIDirect is a full service broker. Overall rating for ICICIDirect is 4, Espresso Sharekhan is rated 4, Groww is rated 4 out of 5.

Here we present side-by-side comparison of ICICIDirect vs Espresso Sharekhan vs Groww stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared ICICIDirect vs Espresso Sharekhan vs Groww 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 ICICIDirect vs Espresso Sharekhan vs Groww in this setion with 360 degree view of broker information.

Compare ICICIDirect vs Espresso Sharekhan vs Groww on Service

  ICICIDirect Compare
ICICIDirect
Espresso Sharekhan Compare
Espresso Sharekhan
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE, MCX BSE, NSE, MCX NSE, BSE
Broker Overview ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect 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. Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... Know more about Groww
Broker Enquiry Request call back from Zerodha Request call back from Espresso Sharekhan Request call back from Zerodha
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Account Opening Charges and AMC

Compare ICICIDirect vs Espresso Sharekhan vs Groww on Trading & Demat Account Opening Charges

In this section we have compared ICICIDirect vs Espresso Sharekhan vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect and Groww offer Free account opening where Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opeing. Demat AMC charges - ICICIDirect charges Rs 300 per annum as AMC for Demat account, Espresso Sharekhan charges Rs. 400 PA AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect vs Espresso Sharekhan vs Groww
Charges ICICIDirect Espresso Sharekhan Groww
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 Rs 300 per annum Rs. 400 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Espresso Sharekhan vs Groww on Plan Options

Plans are the most important feature you look when compare ICICIDirect vs Espresso Sharekhan vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect offers Multiple Plans where Espresso Sharekhan and Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare ICICIDirect vs Espresso Sharekhan vs Groww on Plan Options
Plan Types ICICIDirect Espresso Sharekhan Groww
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Espresso Sharekhan Zerodha
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs Espresso Sharekhan vs Growwon Brokerage Charges

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

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.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Brokerage Charges - Compare ICICIDirect vs Espresso Sharekhan vs Groww
Brokerage Charges Compare ICICIDirect Espresso Sharekhan Groww
Plan Name NEO Flat Discount Brokerage Plan Pay Only When You Profit Flat Brokerage Plan
Equity Delivery 0.55% Free 0.05% or Rs 20 whichever is lower
Equity Intraday Flat Rs. 20 per order 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures Free (Rs. 0 brokerage) 0.03% or Rs 20 whichever is lower Flat Fee Rs 20
Equity Options Flat Rs. 20 per order Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Rs. 20 per order 0.03% or Rs 20 whichever is lower Not Available
Currency Options Flat Rs. 20 per order Flat Fee Rs 20 Not Available
Commodity Trading Flat Rs. 20 per order 0.03% or Rs 20 whichever is lower Not Available
Minimum Brokerage Rs 35 per trade NIL
Hidden Charges Yes No
Call & Trade Charges First 20 call free and Rs 25 there onwards. Rs. 50 + GST per order placed through dealing desk Rs 50 Per Executable Order
Auto Square off Charges First 20 call free and Rs 25 there onwards. Rs. 50 + GST per order placed through dealing desk Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Espresso Sharekhan Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare ICICIDirect vs Espresso Sharekhan vs Groww on Transaction Charges

Compare ICICIDirect vs Espresso Sharekhan vs Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare ICICIDirect vs Espresso Sharekhan vs Groww
Transaction Charges Compare ICICIDirect Espresso Sharekhan Groww
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 NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for espresso-sharekhan Complete Brokerage Plans for groww
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Account Features

Compare ICICIDirect vs Espresso Sharekhan vs Groww on Account Features

Compare ICICIDirect vs Espresso Sharekhan vs Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 Account where Espresso Sharekhan and Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - ICICIDirect offers NRI Trading where Espresso Sharekhan and Groww doesn't offers NRI Trading.

Account Features - ICICIDirect vs Espresso Sharekhan vs Groww
Account Features Compare ICICIDirect Espresso Sharekhan Groww
3 in 1 Account Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No ICICIDirect have 2-in-1 account. Only Demate and Trading account. No Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No No
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity No Yes No
Intraday Square-off Time 3:15PM 3:15 PM 3:10 PM
NRI Trading Yes No No
Other Features NIL NIL NIL
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Trading Platform

Compare ICICIDirect vs Espresso Sharekhan vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs Espresso Sharekhan vs Groww. 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 ICICIDirect vs Espresso Sharekhan vs Groww
Trading Platform Compare ICICIDirect Espresso Sharekhan Groww
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.icicidirect.com

https://trade.myespresso.com/trading/login

Yes

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App ICICI direct Mobile Espresso Mobile App Groww App
Mobile Trading App Demo ICICI direct Mobile Demo Espresso Mobile App Demo Groww App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod Espresso Mobile App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS Espresso Mobile App Download iOS Groww App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for Espresso Sharekhan Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Espresso Sharekhan Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for espresso-sharekhan Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare ICICIDirect vs Espresso Sharekhan vs Groww on User Rating

  ICICIDirect Espresso Sharekhan Groww
  267 Customer Reviews    Rate ICICIDirect 20 Customer Reviews    Rate Espresso Sharekhan 20 Customer Reviews    Rate Groww
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews Espresso Sharekhan is Rated 0.1 / 5 based on 20 customer reviews Groww is Rated 1.7 / 5 based on 20 customer reviews
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Investment Offerings

Compare ICICIDirect vs Espresso Sharekhan vs Groww on Investment Offerings

Compare ICICIDirect vs Espresso Sharekhan vs Groww 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 - Espresso Sharekhan offers Commodity Trading where ICICIDirect and Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - ICICIDirect and Groww offers online mutual fund investment where Espresso Sharekhan doesn't offers mutual fund investment. Portfolio Management Services (PMS) - ICICIDirect offers PMS facility where Espresso Sharekhan and Groww doesn't offers PMS facility.

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

Compare ICICIDirect vs Espresso Sharekhan vs Groww on Order Types

Order Type - Compare ICICIDirect vs Espresso Sharekhan vs Groww 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) - All 3 brokers doesn't have Cover Orders (CO) facility. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. After Market Orders (AMO) - ICICIDirect and Espresso Sharekhan AMO facility where Groww doesn't provides AMO. GTC Orders - ICICIDirect and Espresso Sharekhan offers Good Till Cancelled (GTC) orders facility where Groww doesn't provides GTC.

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

Compare ICICIDirect vs Espresso Sharekhan vs Groww on Customer Service

Compare ICICIDirect vs Espresso Sharekhan vs Groww 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 Support - Compare ICICIDirect vs Espresso Sharekhan vs Groww
Customer Service Compare ICICIDirect Espresso Sharekhan Groww
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No Yes
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches Yes No No
Customer Care Number 1860 123 1122 022 6767 0700 9108800604
Account Opening Process Online 100% online/paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://www.myespresso.com/the-espresso-blog https://groww.in/academy
Head Office Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
Sharekhan Comtrade Private Limited
Lodha iThink Techno Campus, 10th Floor, Beta Building,
Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East),
Mumbai - 400 042, Maharashtra.
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://www.icicidirect.com https://www.myespresso.com/ https://groww.in/
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Tips/Research/Reports Published

Compare ICICIDirect vs Espresso Sharekhan vs Groww on Research Reports, Tips

Compare ICICIDirect vs Espresso Sharekhan vs Groww on research reports and tips provided by broker.

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

Compare ICICIDirect vs Espresso Sharekhan vs Groww on Demat Account

Compare ICICIDirect vs Espresso Sharekhan vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare ICICIDirect vs Espresso Sharekhan vs Groww
  ICICIDirect Espresso Sharekhan Groww
DP Source CDSL CDSL CDSL
DP ID 14301 36000 88700
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹400 pa Zero
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) Nil
Statutory charges Nil Actual Stamp Paper Charges Legal Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹8 + ₹5.50 CDSL charges
Demat ₹50 per set up ₹5 per certificate (Min 50 per request) ₹150 per certificate + courier charges
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹50 per certificate or ₹50 for every hundred securities ₹150 per certificate + courier charges
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) 0.03% (Min ₹100) ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) NIL ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges ₹30 per transaction Nil ₹50
Other Charges
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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Espresso Sharekhan vs Groww on Special Offers and Promotion

Compare ICICIDirect vs Espresso Sharekhan vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare ICICIDirect vs Espresso Sharekhan vs Groww on Special Offers and Promotion
  ICICIDirect Espresso Sharekhan Groww
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
Likes
  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

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...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

Detail Review...

Dislikes
  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

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...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

Detail Review...

Special Offers/Promo Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire for ICICIDirect Enquire for Espresso Sharekhan Enquire for Groww

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