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

The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of TradeSmart ranges between Rs 15, while the brokerage of Espresso Sharekhan ranges between Rs 20. The broker TradeSmart and Espresso Sharekhan are a discount brokers where ICICIDirect is a full service broker. Overall rating for ICICIDirect is 4, TradeSmart is rated 4, Espresso Sharekhan is rated 4 out of 5.

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

Compare ICICIDirect vs TradeSmart vs Espresso Sharekhan on Service

  ICICIDirect Compare
ICICIDirect
TradeSmart Compare
TradeSmart
Espresso Sharekhan Compare
Espresso Sharekhan
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, NCDEX BSE, NSE, MCX
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 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 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 TradeSmart vs Espresso Sharekhan on Trading & Demat Account Opening Charges

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

Compare ICICIDirect vs TradeSmart vs Espresso Sharekhan on Plan Options

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

Compare ICICIDirect vs TradeSmart vs Espresso Sharekhan on Plan Options
Plan Types ICICIDirect TradeSmart Espresso Sharekhan
Multiple Plans Yes Yes 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 TradeSmart vs Espresso Sharekhanon 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.

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 ICICIDirect vs TradeSmart vs Espresso Sharekhan
Brokerage Charges Compare ICICIDirect TradeSmart Espresso Sharekhan
Plan Name NEO Flat Discount Brokerage Plan Flat Fee Rs 15 Trading Plan (Power Plan) Pay Only When You Profit
Equity Delivery 0.55% Flat Fee Rs 15 Free
Equity Intraday Flat Rs. 20 per order Flat Fee Rs 15 0.03% or Rs 20 whichever is lower
Equity Futures Free (Rs. 0 brokerage) Flat Fee Rs 15 0.03% or Rs 20 whichever is lower
Equity Options Flat Rs. 20 per order Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures Flat Rs. 20 per order Flat Fee Rs 15 0.03% or Rs 20 whichever is lower
Currency Options Flat Rs. 20 per order Flat Fee Rs 15 Flat Fee Rs 20
Commodity Trading Flat Rs. 20 per order Flat Fee Rs 15 0.03% or Rs 20 whichever is lower
Minimum Brokerage Rs 35 per trade NIL
Hidden Charges Yes No
Call & Trade Charges First 20 call free and Rs 25 there onwards. Rs 20 per executed Order Rs. 50 + GST per order placed through dealing desk
Auto Square off Charges First 20 call free and Rs 25 there onwards. Rs 20 per executed Order Rs. 50 + GST per order placed through dealing desk
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for TradeSmart Brokerage Calculator for Espresso Sharekhan
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Share Broker's Transaction Charges

Compare ICICIDirect vs TradeSmart vs Espresso Sharekhan on Transaction Charges

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

Transaction Charges - Compare ICICIDirect vs TradeSmart vs Espresso Sharekhan
Transaction Charges Compare ICICIDirect 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 NA 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 icicidirect Complete Brokerage Plans for trade-smart-online Complete Brokerage Plans for espresso-sharekhan
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Account Features

Compare ICICIDirect vs TradeSmart vs Espresso Sharekhan on Account Features

Compare ICICIDirect 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 - ICICIDirect offers 3-in-1 Account where TradeSmart and Espresso Sharekhan offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect and Espresso Sharekhan offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - ICICIDirect offers NRI Trading where TradeSmart and Espresso Sharekhan doesn't offers NRI Trading.

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

Compare ICICIDirect vs TradeSmart vs Espresso Sharekhanon Trading Platform

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

https://www.icicidirect.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 Yes Yes Yes
Mobile Trading App ICICI direct Mobile Sine Espresso Mobile App
Mobile Trading App Demo ICICI direct Mobile Demo Sine Demo Espresso Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod Sine Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS Sine Download iOS Espresso Mobile 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 TradeSmart Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for TradeSmart Futures Brokerage Calculator for Espresso Sharekhan
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for TradeSmart Options Brokerage Calculator for Espresso Sharekhan
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for trade-smart-online Detail on Trading Platforms for espresso-sharekhan

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Broker Ratings by Users

Compare ICICIDirect vs TradeSmart vs Espresso Sharekhan on User Rating

  ICICIDirect TradeSmart Espresso Sharekhan
  267 Customer Reviews    Rate ICICIDirect 34 Customer Reviews    Rate TradeSmart 20 Customer Reviews    Rate Espresso Sharekhan
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 TradeSmart is Rated 4.0 / 5 based on 34 customer reviews Espresso Sharekhan is Rated 0.1 / 5 based on 20 customer reviews
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Investment Offerings

Compare ICICIDirect vs TradeSmart vs Espresso Sharekhan on Investment Offerings

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

Investment Offerings - Compare ICICIDirect vs TradeSmart vs Espresso Sharekhan
Investment Offerings Compare ICICIDirect TradeSmart Espresso Sharekhan
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity No Yes Yes
Online IPO Application Yes No Yes
Mutual Funds Yes No No
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 No
Equity SIP Investment Yes No No
PMS Service Yes No No
Other Investment Options NIL NIL SGB, Buyback, IPO
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Customer Service Offered

Compare ICICIDirect vs TradeSmart vs Espresso Sharekhan on Customer Service

Compare ICICIDirect 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 ICICIDirect vs TradeSmart vs Espresso Sharekhan
Customer Service Compare ICICIDirect TradeSmart Espresso Sharekhan
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches Yes No No
Customer Care Number 1860 123 1122 022 61208000 022 6767 0700
Account Opening Process Online Online/Paperless 100% online/paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://help.tradesmartonline.in/ https://www.myespresso.com/the-espresso-blog
Head Office Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
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://www.icicidirect.com https://tradesmartonline.in/ https://www.myespresso.com/
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Tips/Research/Reports Published

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

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

Research Reports - Compare ICICIDirect vs TradeSmart vs Espresso Sharekhan
  ICICIDirect TradeSmart Espresso Sharekhan
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 TradeSmart vs Espresso Sharekhan on Demat Account

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

Demat Charges - Compare ICICIDirect vs TradeSmart vs Espresso Sharekhan
  ICICIDirect TradeSmart Espresso Sharekhan
DP Source CDSL CDSL CDSL
DP ID 14301 30400 36000
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹300 pa ₹400 pa
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account 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) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) ₹25 0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat ₹50 per set up ₹500 per certificate (Min ₹500 per request) ₹5 per certificate (Min 50 per request)
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹500 per certificate (Min ₹500 per request) ₹50 per certificate or ₹50 for every hundred securities
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) ₹200 per script
₹50 for trading margin each side
0.03% (Min ₹100)
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil NIL
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) ₹200 per script NIL
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil NIL
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) ₹200 per script NIL
Failed Instruction Charges ₹30 per transaction Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

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

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

Compare ICICIDirect vs TradeSmart vs Espresso Sharekhan on Special Offers and Promotion
  ICICIDirect TradeSmart Espresso Sharekhan
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...

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...

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...

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...

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

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