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

The brokerage of Upstox ranges between Rs 20, the brokerage of TradeSmart ranges between Rs 15, while the brokerage of Espresso Sharekhan ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Upstox is 4.5, TradeSmart is rated 4, Espresso Sharekhan is rated 4 out of 5.

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

Compare 2 Brokers

Compare Upstox vs TradeSmart vs Espresso Sharekhan on Service

	Upstox	TradeSmart	Espresso Sharekhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Discount Broker	Discount Broker
Exchanges Supported	NSE, BSE, MCX	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX
Broker Overview	Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.	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.
Broker Enquiry

Account Opening Charges and AMC

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

In this section we have compared Upstox vs TradeSmart vs Espresso Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - Upstox charges Promotion offer: Free for account opening, TradeSmart charges Rs 200 for account opeing, and Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opeing. Demat AMC charges - Upstox charges Free as AMC for Demat account, TradeSmart charges Rs 300 PA AMC for Demat account, where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Upstox vs TradeSmart vs Espresso Sharekhan
Charges	Upstox	TradeSmart	Espresso Sharekhan
Trading Account Opening Fees	Promotion offer: Free	Rs 200	Rs. 354 (Free for limited time)
Trading AMC	Free	Free	Free
Demat Account Opening Fees	Free	Rs 200	Free
Demat AMC	Free	Rs 300 PA	Rs. 400 PA
Provide DP Service

About Brokerage Plans

Compare Upstox vs TradeSmart vs Espresso Sharekhan on Plan Options

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

Compare Upstox vs TradeSmart vs Espresso Sharekhan on Plan Options
Plan Types	Upstox	TradeSmart	Espresso Sharekhan
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	Espresso Sharekhan	Zerodha	Upstox
Account Opening Request	Open Espresso Sharekhan Account Now>>	Open Zerodha Account Now>>	Open Upstox Account Now>>

Brokerage Charges

Compare Upstox vs TradeSmart vs Espresso Sharekhanon Brokerage Charges

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

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.

Brokerage Charges - Compare Upstox vs TradeSmart vs Espresso Sharekhan
Brokerage Charges Compare	Upstox	TradeSmart	Espresso Sharekhan
Plan Name	Max Rs 20 Per Order Trading Plan	Flat Fee Rs 15 Trading Plan (Power Plan)	Pay Only When You Profit
Equity Delivery	2.5% or Rs 20 whichever is lower	Flat Fee Rs 15	Free
Equity Intraday	0.05% or Rs 20 whichever is lower	Flat Fee Rs 15	0.03% or Rs 20 whichever is lower
Equity Futures	0.05% or Rs 20 whichever is lower	Flat Fee Rs 15	0.03% or Rs 20 whichever is lower
Equity Options	Flat Fee Rs 20	Flat Fee Rs 15	Flat Fee Rs 20
Currency Futures	0.05% or Rs 20 whichever is lower	Flat Fee Rs 15	0.03% or Rs 20 whichever is lower
Currency Options	Flat Fee Rs 20	Flat Fee Rs 15	Flat Fee Rs 20
Commodity Trading	Flat Fee Rs 20	Flat Fee Rs 15	0.03% or Rs 20 whichever is lower
Minimum Brokerage			NIL
Hidden Charges	Info Not Available	No
Call & Trade Charges	Rs 50 + 18% GST	Rs 20 per executed Order	Rs. 50 + GST per order placed through dealing desk
Auto Square off Charges	Rs 50 + 18% GST	Rs 20 per executed Order	Rs. 50 + GST per order placed through dealing desk
Brokerage Calculator	Brokerage Calculator for Upstox	Brokerage Calculator for TradeSmart	Brokerage Calculator for Espresso Sharekhan

Share Broker's Transaction Charges

Compare Upstox vs TradeSmart vs Espresso Sharekhan on Transaction Charges

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

Transaction Charges - Compare Upstox vs TradeSmart vs Espresso Sharekhan
Transaction Charges Compare	Upstox	TradeSmart	Espresso Sharekhan
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 360 Per Cr \| Agri: Rs 275 Per Cr	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr
Brokerage Charges	Complete Brokerage Plans for upstox	Complete Brokerage Plans for trade-smart-online	Complete Brokerage Plans for espresso-sharekhan

Account Features

Compare Upstox vs TradeSmart vs Espresso Sharekhan on Account Features

Compare Upstox vs TradeSmart vs Espresso Sharekhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 Account where TradeSmart and Espresso Sharekhan offers only 2-in-1 account which includes trading and demat account. Margin Funding - Upstox and Espresso Sharekhan offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - All 3 brokers doesn't offer NRI Trading facility.

Account Features - Upstox vs TradeSmart vs Espresso Sharekhan
Account Features Compare	Upstox	TradeSmart	Espresso Sharekhan
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:15PM	3:15 PM
NRI Trading
Other Features	NIL	NIL	NIL

Trading Platform

Compare Upstox vs TradeSmart vs Espresso Sharekhanon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Upstox vs TradeSmart vs Espresso Sharekhan. 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 Upstox vs TradeSmart vs Espresso Sharekhan
Trading Platform Compare	Upstox	TradeSmart	Espresso Sharekhan
Web Trading Platform
Web Trading Detail	https://pro.upstox.com/	https://sine.tradesmartonline.in/userMaster/login	https://trade.myespresso.com/trading/login
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Trading
Mobile Trading App	Upstox	Sine	Espresso Mobile App
Mobile Trading App Demo	Upstox Demo	Sine Demo	Espresso Mobile App Demo
Android Mobile App
Android App Download	Andriod Upstox Download	Andriod Sine Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS Upstox Download	iOS Sine Download	iOS Espresso Mobile App Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for Upstox	Equity Intraday and Delivery Brokerage Calculator for TradeSmart	Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan
Futures Brokerage Calculator	Futures Brokerage Calculator for Upstox	Futures Brokerage Calculator for TradeSmart	Futures Brokerage Calculator for Espresso Sharekhan
Options Brokerage Calculator	Options Brokerage Calculator for Upstox	Options Brokerage Calculator for TradeSmart	Options Brokerage Calculator for Espresso Sharekhan
Detail	Detail on Trading Platforms for upstox	Detail on Trading Platforms for trade-smart-online	Detail on Trading Platforms for espresso-sharekhan

Broker Ratings by Users

Compare Upstox vs TradeSmart vs Espresso Sharekhan on User Rating

	Upstox	TradeSmart	Espresso Sharekhan
	12 Customer Reviews	34 Customer Reviews	20 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Upstox is Rated 3.7 / 5 based on 12 customer reviews	TradeSmart is Rated 4.0 / 5 based on 34 customer reviews	Espresso Sharekhan is Rated 0.1 / 5 based on 20 customer reviews

Investment Offerings

Compare Upstox vs TradeSmart vs Espresso Sharekhan on Investment Offerings

Compare Upstox vs TradeSmart vs 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 - 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 - Upstox 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 Upstox vs TradeSmart vs Espresso Sharekhan
Investment Offerings Compare	Upstox	TradeSmart	Espresso Sharekhan
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL	SGB, Buyback, IPO

Customer Service Offered

Compare Upstox vs TradeSmart vs Espresso Sharekhan on Customer Service

Compare Upstox vs TradeSmart vs Espresso Sharekhan 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 Upstox vs TradeSmart vs Espresso Sharekhan
Customer Service Compare	Upstox	TradeSmart	Espresso Sharekhan
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	+91 22 6130 9999	022 61208000	022 6767 0700
Account Opening Process	Online/Paperless	Online/Paperless	100% online/paperless
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://upstox.com/help-center/	https://help.tradesmartonline.in/	https://www.myespresso.com/the-espresso-blog
Head Office Address	Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013	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.
Website	https://upstox.com/	https://tradesmartonline.in/	https://www.myespresso.com/

Tips/Research/Reports Published

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

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

Research Reports - Compare Upstox vs TradeSmart vs Espresso Sharekhan
	Upstox	TradeSmart	Espresso Sharekhan
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Upstox vs TradeSmart vs Espresso Sharekhan on Demat Account

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

Demat Charges - Compare Upstox vs TradeSmart vs Espresso Sharekhan
	Upstox	TradeSmart	Espresso Sharekhan
DP Source	CDSL	CDSL	CDSL
DP ID	81800	30400	36000
Demat Account Annual Maintenance Charges(AMC)	₹300 PA	₹300 pa	₹400 pa
Advance Deposit	NIL	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	Nil	Actual Stamp Paper Charges
Transaction Charges on Debit (Per ISIN)	₹13 + ₹5.50 CDSL charges	₹25	0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat	₹20 + ₹50 courier charges	₹500 per certificate (Min ₹500 per request)	₹5 per certificate (Min 50 per request)
Remat	₹100 for every hundred securities or ₹25 per certificate (whichever is higher)	₹500 per certificate (Min ₹500 per request)	₹50 per certificate or ₹50 for every hundred securities
Pledge Creation	0.02% of the transaction value (Min ₹50) + CDSL charges	₹200 per script ₹50 for trading margin each side	0.03% (Min ₹100)
Pledge Creation Confirmation	0.02% of the transaction value (Min ₹50) + CDSL charges	Nil	NIL
Pledge Closure	0.02% of the transaction value (Min ₹50) + CDSL charges	₹200 per script	NIL
Pledge Closure Confirmation	0.02% of the transaction value (Min ₹50) + CDSL charges	Nil	NIL
Pledge Invocation	0.05% of the transaction value (Min ₹50)	₹200 per script	NIL
Failed Instruction Charges	₹50	Nil	Nil
Other Charges

Special Offers,Advantages,Disadvantages

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

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

Compare Upstox vs TradeSmart vs Espresso Sharekhan on Special Offers and Promotion
	Upstox	TradeSmart	Espresso Sharekhan
Likes	Before you open an Upstox account, check out the advantages on why to trade with Upstox. No account opening charges and Zero Demat maintenance charge. Cheapest flat brokerage of Rs 20 per order Best platforms for traders and investors Invest in mutual funds and IPOs for free. Invest across global companies in 25+ countries. Advanced orders like bracket order, cover order, AMO, and GTT order. Advanced Pro web and mobile app-based trading platforms. TradingView charts, multiple technical indicators, and drawing tools Margin Trading Facility and margin against shares Free API access UpLearn free learning platform Detail Review...	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 1^st 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	There are some setbacks or disadvantages also while trading with Upstox; Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading. Upstox does not have unlimited monthly trading plan. It does not provide stock trading tips and recommendations. Does not offer NRI trading. 24/7 customer service is not available. Detail Review...	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 247 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	Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs	Free Account Opening, Rs 400 Waived for a limited time.
	Enquire for Upstox	Enquire for TradeSmart	Enquire for Espresso Sharekhan

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Transaction Charges Compare	Upstox	TradeSmart	Espresso Sharekhan
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 360 Per Cr \| Agri: Rs 275 Per Cr	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr
Brokerage Charges	Complete Brokerage Plans for upstox	Complete Brokerage Plans for trade-smart-online	Complete Brokerage Plans for espresso-sharekhan