Sharekhan Espresso

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Most of the full-service brokers are coming up with an additional discount brokerage platform for their clients that gives them an opportunity to trade at the minimum cost. One such platform is Sharekhan Espresso offered by one of the most renowned brokers Sharekhan. 

In this article, we will be discussing a detail about this platform and how to access it.  

Sharekhan Espresso Review

Espresso is a stockbroking platform by Sharekhan, which has already been an established stockbroker in India since 2000.

Espresso Sharekhan, founded with the goal of simplifying the investment process, provides a wide range of financial services, including online trading, research and analysis, portfolio management, mutual funds, and more.

The company has gained a strong reputation for its user-friendly platforms and extensive market coverage. Here are some of the feature of the platform:

  • Pay brokerage only when you make a profit
  • User-friendly interface
  • Multiple-asset classes.
  • Research and advisory services
  • High leverage for both cash and commodity segments.
  • Espresso Bootcamp, an education module to enhance stock market knowledge.

Sharekhan Espresso Account Opening

Opening a demat account in Sharekhan Espresso is a seamless process. All you have to do is to download Sharekhan app and fill in the basic details.

Here are the steps involved in opening Sharekhan Espresso Account:

  • Download the Espresso app.
  • Fill in the basic details (name and mobile number).
  • Enter the OTP.
  • Now enter PAN card and Aadhar Card detail.
  • Uplaod documents (PAN and Aadhar card)
  • Now enter the bank account details that you want to link with your trading account.
  • Fill in other details like employment, occupation, income, etc.
  • Now complete the process of e-sign.
  • With this your account opening process is completed.

You will receive a confirmation email with user ID and password that you can use to login to Espresso Sharekhan platform.


Sharekhan Espresso Trading Platform

Espresso Sharekhan offers different types of accounts to cater to the diverse needs of investors. They provide individual trading accounts, joint accounts, and corporate accounts.

Opening an account with Espresso Sharekhan is a seamless process, involving the submission of required documents and the completion of the necessary formalities.

The online account opening facility ensures convenience and swift verification.

Espresso Sharekhan boasts a range of trading platforms designed to provide users with a smooth and efficient trading experience. is known for its advanced charting tools, real-time market data, and customizable features.

Sharekhan Espresso App

Additionally, they offer mobile trading apps compatible with both Android and iOS devices, allowing investors to trade on the go.



Espresso gives you a mobile application that is available on both iOS and Android. It has a user-friendly GUI and works smoothly. However, some user reviews say that order placement can cause a little trouble.

Here are some of the features of Espresso by Sharekhan:

  • Enhanced live charts (Renko, Line, Candlestick, Bar, Area) with time frames ranging from 1 minute to 1 year.
  • Watchlists, MarketWatch, IPOs
  • Dashboard for a comprehensive view of what’s happening in the market at all times
  • In-depth market movers of stocks Futures and Options
  • Multiple orders; normal order, MIS, MIS+, Bracket Orders (BO)
  • Circumspect financial information for investment
  • Simplified access to investment portfolios, reports, and market movers

Sharekhan Espresso Web Platform

Espresso by Sharekhan is also available on the web and provides unique features that help a trader in making a quick trading decision. Some of those features are:

  • End day reports
  • Portfolio reports
  • Detailed Tax reports
  • Alert notification
  • Quick order placement
  • Free GTD order

Sharekhan Espresso Binge

Sharekhan Espresso has Binge as an advanced trading tool exclusively for Pro Trader. It empowers them to make informed investment decisions.

The platform offers the following features:

  • Real-time market data
  • Comprehensive charting tools
  • Heat-maps
  • Customizable watchlists
  • Support-Resistance level to identify the trading zone.
  • Alert notification
  • Bracket order for both intraday and delivery trading. 

Espresso Sharekhan Charges

Espresso Sharekhan follows a transparent fee structure, with brokerage charges varying based on the type of account and trading volume.

They offer competitive brokerage rates in the industry, ensuring investors get value for their money. However, it is advisable for investors to thoroughly understand the fee structure and associated charges before initiating trades.

Unlike Sharekhan brokerage charges, one has to pay flat ₹20 Brokerage in the Espresso platform, and that too when he or she made a profitable trade. 

The average Buy/Sell market price of the open position at the time of square-off will be used as the basis to determine whether the trade was profitable or not when you have multiple Buy/Sell orders of the same stock/contract. There would be regulatory and statutory fees.

Here is the list of brokerage charges by Espresso:


*Espresso Charges Zero brokerage on the square off orders if you face loss.
*Other than this the broker offers the Dial-N-Trade Facility under which the trader can place their trade on phone by paying an additional amount of ₹50 per trade. 


Sharekhan Espresso Customer Care Number

Espresso Sharekhan places great emphasis on customer satisfaction and support. They offer multiple channels for investors to seek assistance, including phone support, email, and live chat.

The customer service team is known for its prompt and knowledgeable responses, resolving queries and concerns effectively.

Their customer support number is 022 6767 0700 or register a complaint at 022-62263303 between 9:00 AM – 5:00 PM  on all weekdays. You can also drop an email at igc@myespresso.com


Sharekhan Espresso Advantages

To summarize, here are some of the advantages of using the Sharekhan Espresso platform:

  • Robust and user-friendly trading platforms
  • Extensive research and analysis tools
  • Low brokerage.
  • Well-established brand reputation
  • Diverse investment options, including equities, derivatives, mutual funds, IPOs, and more
  • Strong customer support and educational resources

Sharekhan Espresso Disadvantages 

Although the broker offers many advantages and benefits to traders and investors, here are some of the drawbacks of using Sharekhan Espresso platform:

  • Higher brokerage charges compared to some discount brokers
  • Additional fees for call and trade services
  • Limited presence in smaller towns and cities

Conclusion

To date, since it was launched, Espresso Sharekhan has established itself as a reputable stockbroker in India. Espresso Sharekhan appeals to investors of all levels of experience due to its user-friendly interface, comprehensive market coverage, and strong customer support.

Potential clients should, however, consider brokerage and account fees, as well as the availability of services in their specific location.

Ready to begin your trading journey? Fill in your basic details in the form below and get a call back from our executive who will help you in choosing the right stock broker and in opening a demat account online for FREE! 

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