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

The brokerage of TradeSmart ranges between Rs 15, the brokerage of Espresso Sharekhan ranges between Rs 20, while the brokerage of Groww ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for TradeSmart is 4, Espresso Sharekhan is rated 4, Groww is rated 4 out of 5.

Here we present side-by-side comparison of TradeSmart 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 TradeSmart 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 TradeSmart vs Espresso Sharekhan vs Groww in this setion with 360 degree view of broker information.

Compare TradeSmart vs Espresso Sharekhan vs Groww on Service

  TradeSmart Compare
TradeSmart
Espresso Sharekhan Compare
Espresso Sharekhan
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX NSE, BSE
Broker Overview Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support. 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 Espresso Sharekhan Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

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

In this section we have compared TradeSmart vs Espresso Sharekhan vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - TradeSmart charges Rs 200 for account opening, Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opeing, and Groww charges Free for account opeing. Demat AMC charges - TradeSmart charges Rs 300 PA 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 TradeSmart vs Espresso Sharekhan vs Groww
Charges TradeSmart Espresso Sharekhan Groww
Trading Account Opening Fees Rs 200 Rs. 354 (Free for limited time) Free
Trading AMC Free Free Free
Demat Account Opening Fees Rs 200 Free Free
Demat AMC Rs 300 PA Rs. 400 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare TradeSmart vs Espresso Sharekhan vs Groww on Plan Options

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

Compare TradeSmart vs Espresso Sharekhan vs Groww on Plan Options
Plan Types TradeSmart 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

  Espresso Sharekhan Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare TradeSmart vs Espresso Sharekhan vs Growwon Brokerage Charges

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

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 TradeSmart vs Espresso Sharekhan vs Groww
Brokerage Charges Compare TradeSmart Espresso Sharekhan Groww
Plan Name Flat Fee Rs 15 Trading Plan (Power Plan) Pay Only When You Profit Flat Brokerage Plan
Equity Delivery Flat Fee Rs 15 Free 0.05% or Rs 20 whichever is lower
Equity Intraday Flat Fee Rs 15 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 15 0.03% or Rs 20 whichever is lower Flat Fee Rs 20
Equity Options Flat Fee Rs 15 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Fee Rs 15 0.03% or Rs 20 whichever is lower Not Available
Currency Options Flat Fee Rs 15 Flat Fee Rs 20 Not Available
Commodity Trading Flat Fee Rs 15 0.03% or Rs 20 whichever is lower Not Available
Minimum Brokerage NIL
Hidden Charges No No
Call & Trade Charges Rs 20 per executed Order Rs. 50 + GST per order placed through dealing desk Rs 50 Per Executable Order
Auto Square off Charges Rs 20 per executed Order Rs. 50 + GST per order placed through dealing desk Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for TradeSmart Brokerage Calculator for Espresso Sharekhan Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare TradeSmart vs Espresso Sharekhan vs Groww on Transaction Charges

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

Transaction Charges - Compare TradeSmart vs Espresso Sharekhan vs Groww
Transaction Charges Compare TradeSmart 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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for trade-smart-online Complete Brokerage Plans for espresso-sharekhan Complete Brokerage Plans for groww
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Account Features

Compare TradeSmart vs Espresso Sharekhan vs Groww on Account Features

Compare TradeSmart 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 - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - Espresso Sharekhan and Groww offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - All 3 brokers doesn't offer NRI Trading facility.

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

Compare TradeSmart vs Espresso Sharekhan vs Growwon Trading Platform

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

https://sine.tradesmartonline.in/userMaster/login

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

Yes

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App Sine Espresso Mobile App Groww App
Mobile Trading App Demo Sine Demo Espresso Mobile App Demo Groww App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Sine Download Andriod Espresso Mobile App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Sine 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 TradeSmart Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for TradeSmart Futures Brokerage Calculator for Espresso Sharekhan Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for TradeSmart Options Brokerage Calculator for Espresso Sharekhan Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for trade-smart-online Detail on Trading Platforms for espresso-sharekhan Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare TradeSmart vs Espresso Sharekhan vs Groww on User Rating

  TradeSmart Espresso Sharekhan Groww
  34 Customer Reviews    Rate TradeSmart 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 TradeSmart is Rated 4.0 / 5 based on 34 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 TradeSmart vs Espresso Sharekhan vs Groww on Investment Offerings

Compare TradeSmart 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 - TradeSmart and Espresso Sharekhan offers Commodity Trading where Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - Groww offers online mutual fund investment where TradeSmart and Espresso Sharekhan doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

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

Compare TradeSmart vs Espresso Sharekhan vs Groww on Customer Service

Compare TradeSmart 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 TradeSmart vs Espresso Sharekhan vs Groww
Customer Service Compare TradeSmart Espresso Sharekhan Groww
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches No No No
Customer Care Number 022 61208000 022 6767 0700 9108800604
Account Opening Process Online/Paperless 100% online/paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://help.tradesmartonline.in/ https://www.myespresso.com/the-espresso-blog https://groww.in/academy
Head Office Address Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
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://tradesmartonline.in/ https://www.myespresso.com/ https://groww.in/
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Tips/Research/Reports Published

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

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

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

Compare TradeSmart vs Espresso Sharekhan vs Groww on Demat Account

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

Demat Charges - Compare TradeSmart vs Espresso Sharekhan vs Groww
  TradeSmart Espresso Sharekhan Groww
DP Source CDSL CDSL CDSL
DP ID 30400 36000 88700
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹400 pa Zero
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) Nil
Statutory charges Nil Actual Stamp Paper Charges Legal Charges
Transaction Charges on Debit (Per ISIN) ₹25 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹8 + ₹5.50 CDSL charges
Demat ₹500 per certificate (Min ₹500 per request) ₹5 per certificate (Min 50 per request) ₹150 per certificate + courier charges
Remat ₹500 per certificate (Min ₹500 per request) ₹50 per certificate or ₹50 for every hundred securities ₹150 per certificate + courier charges
Pledge Creation ₹200 per script
₹50 for trading margin each side
0.03% (Min ₹100) ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation Nil NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure ₹200 per script NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation Nil NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation ₹200 per script NIL ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil Nil ₹50
Other Charges
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Special Offers,Advantages,Disadvantages

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

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

Compare TradeSmart vs Espresso Sharekhan vs Groww on Special Offers and Promotion
  TradeSmart Espresso Sharekhan Groww
Likes

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden charges.

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

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

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 Free Account Opening, Rs 400 Waived for a limited time.
Enquire for TradeSmart Enquire for Espresso Sharekhan Enquire for Groww

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