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Discount Brokerage Trading

₹0 BROKERAGE ^

ON LOSS MAKING TRADES

₹20 per order only when you profit^
For Intraday trades across all segments (Equity, F&O, Commodity and Currency)
ZERO DELIVERY BROKERAGE

Pay Only When You Profit^

When you have multiple buy/sell orders of the same stock/contract, the average buy/sell market price of the open position would be taken at the time of square-off as the base to calculate whether the trade was profitable or not. Regulatory and statutory charges would be applicable.
Rs 20 only when you profit ^
Here’s how it works (Example)
VALUE (Rs) BROKERAGE* REGULATORY & STATUTORY CHARGES
Buy 210000 Rs 20 Rs 37.8
Sell 209000 Rs 20 Rs 37.8
Loss 1000
*Applicable only for Intraday trades across all segments
(Equity, F&O, Commodity and Currency)

Espresso App hits 4.4 rating*

*As of 8th June 2024 on Google Play Store

Get leverage

Don't have enough funds but sure about which stocks
to invest in? Choose from our exciting range of
leverage products that suit your needs.

Platforms designed to enhance your trading experience

Quick and easy order placement, free market scanners, dynamic alert tools, high-quality charts and watchlists that synchronize across Web, app and desktop platforms are just some of the many things we have focused on to enhance your trading experience!

A Mirae Asset Sharekhan company

> One of the pioneers of Online Stock Trading in India
> 24 years of experience in the industry
> A part of the Mirae Asset Financial Group
OPEN FREE ACCOUNT## Limited Period Offer
Frequently Asked Questions
TERMS & CONDITIONS
+ App Download offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened via the app between 10th January 2022 to 28th February 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.1000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • ₹250 will be credited in your Espresso account on the 10th of the next month.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice.
Any dispute related to this offer will not be dealt at Exchange platform
1. The offer is open only for a limited period and applicable only to new accounts opened between 1st Feb’21 to 30th Apr’21
2. To redeem the coupon – Click on “Redeem Now”, it takes you to Espresso page, enter your details and click on “OPEN AN ACCOUNT”. Please do maintain the coupon code for future reference.
3. The clients who has availed the offer by clicking on “Redeem Now” even on last date of the offer and for any operational reason whatsoever or any deficiency in the documents the client account could not be opened then in such scenario then Espresso will not be liable for any claim or for any notional loss or profit. Espresso do not commit to opening the account within the closure of the offer just because leads were availed before closure of the offer. This offer will not be applicable for account open after validity period.
4. Offer valid only on successful opening of Espresso Trading & Demat account.
5. Offer - INR.250 will be credited to customer’s Espresso ledger account within 45 days of account opening.
6. Offer eligible only once per individual.
7. This offer cannot be clubbed with other offers from Espresso.
8. Customer shall be deemed to be accepting Espresso terms and conditions as applicable.
9. Espresso can revoke this offer by giving a prior notice.
10.Investment in securities market are subject to market risks, read all the related documents carefully before investing.
1. The offer is open only for a limited period and applicable only to new accounts opened between 1st June’21 to 15th July’21.
2. To redeem the coupon – Click on “Redeem Now”, it takes you to Espresso page, enter your details and click on “OPEN AN ACCOUNT”. Please do maintain the coupon code for future reference.
3. The clients who has availed the offer by clicking on “Redeem Now” even on last date of the offer and for any operational reason whatsoever or any deficiency in the documents the client account could not be opened then in such scenario then Espresso will not be liable for any claim or for any notional loss or profit. Espresso do not commit to opening the account within the closure of the offer just because leads were availed before closure of the offer. This offer will not be applicable for account open after validity period.
4. Offer valid only on successful opening of Espresso Trading & Demat account
5. Brokerage refund upto Rs. 500/- for trades executed in first month from date of account opening (stamp duty, STT or other exchange levies or statutory levies will not be refunded).
6. Offer eligible only once per individual
7. This offer cannot be clubbed with other offers from Espresso
8. Customer shall be deemed to be accepting Espresso terms and conditions as applicable
9. Espresso can revoke this offer by giving a prior notice
10. Investments in securities market are subject to market risks, read all the related documents carefully before investing.
^^ 3000 off on brokerage offer
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to a new account opened within 30 days of posting on the Telegram/ WhatsApp/Facebook group.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.3000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice
^^ Rs 10000 Cashback Offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened between 5th March 2022 to 4th April 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.10000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable. The company can revoke this offer by giving a prior notice
^^ Rs 3000 Cashback Offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to a new account opened till 31st December 2021.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.3000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice
^^ Rs 3000 Cashback Offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened between 5th December 2021 to 5th January 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.3000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice
^^ Rs 3000 Cashback Offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened between 19th January 2022 to 28th February 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.3000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice
# 15mins:
This is applicable during the office hours to sole holder Resident Indian accounts which are KRA verified, also account would be open after all procedures relating to IPV and client diligence is completed. There is no AMC charged on Demat account for the first year. All other charges will apply as per agreed tariff rates.
## Free A/C:
The offer is open only for a limited period at the sole discretion of the company and applicable only to new accounts opened upto 31st March 2025. The offer is only for waiver of account opening charges of Rs 354. All other charges as well as taxes and other statutory/Exchange charges continue to apply.
^Pay Only When You Profit
  • Calculations will happen separately for each segment, each Exchange and each product. Available product types are CNC (Cash & Carry), EMF (Exchange Margin Funding), MIS (Margin Intraday Square off), MIS+ (Margin Intraday Square off Plus) and CNF (Carry Forward).
  • For MIS+ product, while placing order user places first leg order along with compulsory Stop loss trigger order (i.e second leg) & optional book profit trigger order (third leg). First leg order gets tagged with second/third leg order and profit and loss will be calculated based on such tagging and will be computed based on the pair of trades that get executed through the product.
  • The rate considered is the weighted average of trade execution rate and not the net rate after transaction charges and statutory levy.
  • Transaction charges, STT/CTT, stamp duty and any other regulatory/statutory charges will be levied in normal course for all trades irrespective of profit or loss.
  • For intraday square off order no brokerage on the second leg will be charged if such trade results in a loss, however brokerage on the first leg will be levied in all cases.
  • For the purpose of calculation of brokerage under Pay Only When You Profit, when buy leg and sell leg of a security are undertaken on different Exchanges, it will not be considered as intraday trade for the purpose of calculation of profit or loss for charging of tariff and shall be charged as though each leg was a delivery trade.
  • Profit/Loss is calculated on weighted average market rate basis without considering associated costs (brokerage, transaction charges or statutory levies), at trade level, based on earliest trade time of execution.
  • When you have multiple buy/sell order of the same stock/contract the average buy/sell market price of the open position would be taken at the time of squareoff as the base to calculate whether the trade was at profit or not.
^^2 Months Brokerage Free Trading Offer
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened between 17th December 2022 to 16th January 2023.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded. ₹ 3,000/- is the upper limit of brokerage free trading.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice.
^^2 Months Brokerage Free Trading Offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened between 10th November 2022 to 9th December 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded. ₹ 3,000/- is the upper limit of brokerage free trading.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice.
Registered Office Address: Espresso Financial Services Private Limited - The Ruby, 18th Floor, 29 Senapati Bapat Marg, Dadar (West), Mumbai 400 028, Maharashtra, India. Tel: 022-67502000.
Correspondence Address: 10th Floor, Gigaplex Bldg. No. 9, Raheja Mindspace, Airoli Knowledge Park Rd, MSEB Staff Colony, TTC Industrial Area, Airoli, Navi Mumbai, Maharashtra 400708. India. Tel: 022 – 61169000/ 61150000, Fax no. 61169699
SEBI Regn. Nos.: BSE / NSE / MSEI (CASH / F&O / CD) / MCX – Commodity: INZ000041331; CIN No. U65100MH2015PTC269036 DP: CDSL-DP-451-2020; NSE Member id – 90194; BSE Member id – 6732; MCX Member id – 55400. For any complaints email at igc@myespresso.com.
Compliance Officer: Miss. Sonam Balu Shinde; Email ID: complianceofficer@myespresso.com; Tel: 022-62263303.
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please refer the Risk Disclosure Document issued by SEBI and go through the Rights and Obligations and Do's and Dont's issued by Stock Exchanges and Depositories before trading on the Stock Exchanges. Brokerage will not exceed SEBI prescribed limit.
Espresso shall not be responsible for any unauthorized circulation, reproduction or distribution of any material or contents on www.myespresso.com and its various sub-pages and sub-domains. Kindly note that the content on this website does not constitute an offer or solicitation for the purchase or sale of any financial instrument. The value of the securities may fluctuate and can go up or down. Neither our company, nor its directors, employees, trainers, or coaches shall be in any way liable for any claim for any losses (notional or real) or against any loss of opportunity for gain. The strategies or financial products or ideas discussed in the various pages may not be suitable for all investors/traders and would depend on the risk appetite and investment objectives of each of the investor/trader. The trading avenues discussed, or views expressed may not be suitable for all investors/traders.
The securities quoted are for illustration only and are not recommendatory.
This information is only for consumption by the client, and such material should not be redistributed.
Privacy Policy | Policies and Procedures | Terms & Conditions | KYC/AML Policy | Referral T&C | AMLCFT-Investor Education | ATTENTION-A note from Regulators for Investors | KYC Documents in Vernacular Languages | Stay Secure | NDNCR Terms & Conditions | Filing Complaints on SCORES – Easy and Quick
Privacy Policy | Policies and Procedures | Terms & Conditions | KYC Documents in Vernacular Languages | NDNCR Terms & Conditions | Filing Complaints on SCORES – Easy and Quick

This information is only for your consumption and it should not be redistributed

Pay Only When You Profit^

Pay Only When You Profit^

When you have multiple buy/sell orders of the same stock/contract, the average buy/sell market price of the open position would be taken at the time of square-off as the base to calculate whether the trade was profitable or not. Regulatory and statutory charges would be applicable.
Rs 20 only when you profit ^
Rs 20 only when you profit *
Here’s how it works (Example)
Here’s an example of how it works
VALUE (Rs) BROKERAGE* REGULATORY & STATUTORY CHARGES
Buy 210000 Rs 20 Rs 37.8
Sell 209000 Rs 20 Rs 37.8
Loss 1000
*Applicable only for Intraday trades across all segments
(Equity, F&O, Commodity and Currency)

Espresso App hits 4.4 rating*

*As of 7th June 2022 on Google Play Store

Get leverage

Don't have enough funds but sure about which stocks
to invest in? Choose from our exciting range of
leverage products that suit your needs.

Platforms designed to enhance your trading experience

Quick and easy order placement, free market scanners, dynamic alert tools, high-quality charts and watchlists that synchronize across Web, app and desktop platforms are just some of the many things we have focused on to enhance your trading experience!

Platforms designed to enhance your trading experience

Quick and easy order placement, free market scanners, dynamic alert tools, high-quality charts and watchlists that synchronize across Web, app and desktop platforms are just some of the many things we have focused on to enhance your trading experience!
Sharpen your knowledge & skills
Get 30%+ discount for the Trade Booster Program**
This 7-day, fully online course is
suitable for beginners as well as
advanced-level trading professionals

A Sharekhan company

> One of the pioneers of online trading in India
> 20 years of experience in the industry
> A part of the BNP Paribas Group
One of the pioneers ofonline trading in India
20 years of experience in the industry
A part of the BNP Paribas Group
OPEN FREE ACCOUNT## Limited Period Offer

TERMS & CONDITIONS
+ App Download offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened via the app between 10th January 2022 to 28th February 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.1000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • ₹250 will be credited in your Espresso account on the 10th of the next month.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice.
Any dispute related to this offer will not be dealt at Exchange platform
1. The offer is open only for a limited period and applicable only to new accounts opened between 1st Feb’21 to 30th Apr’21
2. To redeem the coupon – Click on “Redeem Now”, it takes you to Espresso page, enter your details and click on “OPEN AN ACCOUNT”. Please do maintain the coupon code for future reference.
3. The clients who has availed the offer by clicking on “Redeem Now” even on last date of the offer and for any operational reason whatsoever or any deficiency in the documents the client account could not be opened then in such scenario then Espresso will not be liable for any claim or for any notional loss or profit. Espresso do not commit to opening the account within the closure of the offer just because leads were availed before closure of the offer. This offer will not be applicable for account open after validity period.
4. Offer valid only on successful opening of Espresso Trading & Demat account.
5. Offer - INR.250 will be credited to customer’s Espresso ledger account within 45 days of account opening.
6. Offer eligible only once per individual.
7. This offer cannot be clubbed with other offers from Espresso.
8. Customer shall be deemed to be accepting Espresso terms and conditions as applicable.
9. Espresso can revoke this offer by giving a prior notice.
10.Investment in securities market are subject to market risks, read all the related documents carefully before investing.
1. The offer is open only for a limited period and applicable only to new accounts opened between 1st June’21 to 15th July’21.
2. To redeem the coupon – Click on “Redeem Now”, it takes you to Espresso page, enter your details and click on “OPEN AN ACCOUNT”. Please do maintain the coupon code for future reference.
3. The clients who has availed the offer by clicking on “Redeem Now” even on last date of the offer and for any operational reason whatsoever or any deficiency in the documents the client account could not be opened then in such scenario then Espresso will not be liable for any claim or for any notional loss or profit. Espresso do not commit to opening the account within the closure of the offer just because leads were availed before closure of the offer. This offer will not be applicable for account open after validity period.
4. Offer valid only on successful opening of Espresso Trading & Demat account
5. Brokerage refund upto Rs. 500/- for trades executed in first month from date of account opening (stamp duty, STT or other exchange levies or statutory levies will not be refunded).
6. Offer eligible only once per individual
7. This offer cannot be clubbed with other offers from Espresso
8. Customer shall be deemed to be accepting Espresso terms and conditions as applicable
9. Espresso can revoke this offer by giving a prior notice
10. Investments in securities market are subject to market risks, read all the related documents carefully before investing.
^^ 3000 off on brokerage offer
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to a new account opened within 30 days of posting on the Telegram/ WhatsApp/Facebook group.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.3000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice
^^ Rs 10000 Cashback Offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened between 5th March 2022 to 4th April 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.10000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable. The company can revoke this offer by giving a prior notice
^^ Rs 3000 Cashback Offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to a new account opened till 31st December 2021.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.3000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice
^^ Rs 3000 Cashback Offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened between 5th December 2021 to 5th January 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.3000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice
^^ Rs 3000 Cashback Offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened between 19th January 2022 to 28th February 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.3000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice

^^ 2 months Brokerage Free Trading:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened between 12th September 2022 to 11th October 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded. ₹ 10,000/- is the upper limit of brokerage free trading
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice.

# 15mins
This is applicable during the office hours to sole holder Resident Indian accounts which are KRA verified, also account would be open after all procedures relating to IPV and client diligence is completed. There is no AMC charged on Demat account for the first year. All other charges will apply as per agreed tariff rates.

## Free A/C
The offer is open only for a limited period at the sole discretion of the company and applicable only to new accounts opened upto 30th June, 2022. The offer is only for waiver of account opening charges of Rs 354. All other charges as well as taxes and other statutory/Exchange charges continue to apply.
The offer is open only for a limited period at the sole discretion of the company and applicable only to new accounts opened upto 31st January 2023. The offer is only for waiver of account opening charges of Rs 354. All other charges as well as taxes and other statutory/Exchange charges continue to apply.
*As of 7th June 2022

^Pay Only When You Profit
  • Calculations will happen separately for each segment, each Exchange and each product. Available product types are CNC (Cash & Carry), EMF (Exchange Margin Funding), MIS (Margin Intraday Square off), MIS+ (Margin Intraday Square off Plus) and CNF (Carry Forward).
  • For MIS+ product, while placing order user places first leg order along with compulsory Stop loss trigger order (i.e second leg) & optional book profit trigger order (third leg). First leg order gets tagged with second/third leg order and profit and loss will be calculated based on such tagging and will be computed based on the pair of trades that get executed through the product.
  • The rate considered is the weighted average of trade execution rate and not the net rate after transaction charges and statutory levy.
  • Transaction charges, STT/CTT, stamp duty and any other regulatory/statutory charges will be levied in normal course for all trades irrespective of profit or loss.
  • For intraday square off order no brokerage on the second leg will be charged if such trade results in a loss, however brokerage on the first leg will be levied in all cases.
  • For the purpose of calculation of brokerage under Pay Only When You Profit, when buy leg and sell leg of a security are undertaken on different Exchanges, it will not be considered as intraday trade for the purpose of calculation of profit or loss for charging of tariff and shall be charged as though each leg was a delivery trade.
  • Profit/Loss is calculated on weighted average market rate basis without considering associated costs (brokerage, transaction charges or statutory levies), at trade level, based on earliest trade time of execution.
  • When you have multiple buy/sell order of the same stock/contract the average buy/sell market price of the open position would be taken at the time of squareoff as the base to calculate whether the trade was at profit or not.
Registered Office: Espresso Financial Services Private Limited (formerly known as Sharekhan Comtrade Private Limited), The Ruby, 18th Floor, 29 Senapati Bapat Marg, Dadar (West), Mumbai 400 028, Maharashtra, India.
Tel: 022 6750 2000. Fax: 022 2432 7343
Espresso Financial Services Private Limited (formerly known as Sharekhan Comtrade Private Limited): SEBI Regn. Nos.: BSE / NSE / MSEI (CASH / F&O / CD) / MCX – Commodity: INZ000041331; CIN No. U65100MH2015PTC269036 DP: CDSL-DP-451-2020; NSE Member id – 90194; BSE Member id – 6732; MCX Member id – 55400
Registered Office: Espresso Financial Services Private Limited (formerly known as Sharekhan Comtrade Private Ltd), The Ruby, 18th Floor, 29 Senapati Bapat Marg, Dadar (West), Mumbai 400 028, Maharashtra, India. SEBI Regn. Nos.: BSE / NSE / MSEI (CASH / F&O / CD) / MCX – Commodity: INZ000041331; CIN No. U65100MH2015PTC269036 DP: CDSL-DP-451-2020; NSE Member ID: 90194; BSE Member ID: 6732; MCX Member ID: 55400.
For any complaints, email at igc@myespresso.com.
Compliance Officer: Mr. Ravindra Ramchandra Kalvankar; Email ID: complianceofficer@myespresso.com; Tel: 022-62263303.
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please refer the Risk Disclosure Document issued by SEBI and go through the Rights and Obligations and Do’s and Dont’s issued by Stock Exchanges and Depositories before trading on the Stock Exchanges. Brokerage will not exceed the SEBI prescribed limit.
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please refer to the Risk Disclosure Document issued by SEBI and go through the Rights and Obligations and Do’s and Dont’s issued by Stock Exchanges and Depositories before trading on the Stock Exchanges. For commodities derivatives please note that Commodities Derivatives are highly leveraged instruments. Before investing in the asset class consider your investment objectives, level of experience and risk appetite carefully. Brokerage will not exceed the SEBI prescribed limit.
This information is only for your consumption and it should not be redistributed.
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Pay Only When You Profit^

Pay Only When You Profit^

When you have multiple buy/sell orders of the same stock/contract, the average buy/sell market price of the open position would be taken at the time of square-off as the base to calculate whether the trade was profitable or not. Regulatory and statutory charges would be applicable.
₹ 20 only when you profit*
Here’s how it works (Example)
Here’s an example of how it works
VALUE (₹) BROKERAGE* REGULATORY & STATUTORY CHARGES
Buy 210000 ₹ 20 ₹ 37.8
Sell 209000 ₹ 20 ₹ 37.8
Loss 1000
*Applicable only for Intraday trades across all segments
(Equity, F&O, Commodity and Currency)

Pay Only When You Profit^

When you have multiple buy/sell orders of the same stock/contract, the average buy/sell market price of the open position would be taken at the time of square-off as the base to calculate whether the trade was profitable or not. Regulatory and statutory charges would be applicable.
₹ 20 only when you profit*
Here’s an example of how it works
VALUE (₹) BROKERAGE* REGULATORY & STATUTORY CHARGES
Buy 210000 ₹ 20 ₹ 37.8
Sell 209000 ₹ 20 ₹ 37.8
Loss 1000
*Applicable only for Intraday trades across all segments
(Equity, F&O, Commodity and Currency)

Espresso App hits 4.4 rating*

*As of 7th June 2022 on Google Play Store

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A Sharekhan company

> One of the pioneers of online trading in India
> 20 years of experience in the industry
> A part of the BNP Paribas Group
One of the pioneers ofonline trading in India
20 years of experience in the industry
A part of the BNP Paribas Group
OPEN FREE ACCOUNT## Limited Period Offer

TERMS & CONDITIONS
+ App Download offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened via the app between 10th January 2022 to 28th February 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.1000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • ₹250 will be credited in your Espresso account on the 10th of the next month.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice.
Any dispute related to this offer will not be dealt at Exchange platform
1. The offer is open only for a limited period and applicable only to new accounts opened between 1st Feb’21 to 30th Apr’21
2. To redeem the coupon – Click on “Redeem Now”, it takes you to Espresso page, enter your details and click on “OPEN AN ACCOUNT”. Please do maintain the coupon code for future reference.
3. The clients who has availed the offer by clicking on “Redeem Now” even on last date of the offer and for any operational reason whatsoever or any deficiency in the documents the client account could not be opened then in such scenario then Espresso will not be liable for any claim or for any notional loss or profit. Espresso do not commit to opening the account within the closure of the offer just because leads were availed before closure of the offer. This offer will not be applicable for account open after validity period.
4. Offer valid only on successful opening of Espresso Trading & Demat account.
5. Offer - INR.250 will be credited to customer’s Espresso ledger account within 45 days of account opening.
6. Offer eligible only once per individual.
7. This offer cannot be clubbed with other offers from Espresso.
8. Customer shall be deemed to be accepting Espresso terms and conditions as applicable.
9. Espresso can revoke this offer by giving a prior notice.
10.Investment in securities market are subject to market risks, read all the related documents carefully before investing.
1. The offer is open only for a limited period and applicable only to new accounts opened between 1st June’21 to 15th July’21.
2. To redeem the coupon – Click on “Redeem Now”, it takes you to Espresso page, enter your details and click on “OPEN AN ACCOUNT”. Please do maintain the coupon code for future reference.
3. The clients who has availed the offer by clicking on “Redeem Now” even on last date of the offer and for any operational reason whatsoever or any deficiency in the documents the client account could not be opened then in such scenario then Espresso will not be liable for any claim or for any notional loss or profit. Espresso do not commit to opening the account within the closure of the offer just because leads were availed before closure of the offer. This offer will not be applicable for account open after validity period.
4. Offer valid only on successful opening of Espresso Trading & Demat account
5. Brokerage refund upto Rs. 500/- for trades executed in first month from date of account opening (stamp duty, STT or other exchange levies or statutory levies will not be refunded).
6. Offer eligible only once per individual
7. This offer cannot be clubbed with other offers from Espresso
8. Customer shall be deemed to be accepting Espresso terms and conditions as applicable
9. Espresso can revoke this offer by giving a prior notice
10. Investments in securities market are subject to market risks, read all the related documents carefully before investing.
^^ 3000 off on brokerage offer
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to a new account opened within 30 days of posting on the Telegram/ WhatsApp/Facebook group.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.3000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice
^^ Rs 10000 Cashback Offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened between 5th March 2022 to 4th April 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.10000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable. The company can revoke this offer by giving a prior notice
^^ Rs 3000 Cashback Offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to a new account opened till 31st December 2021.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.3000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice
^^ Rs 3000 Cashback Offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened between 5th December 2021 to 5th January 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.3000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice
^^ Rs 3000 Cashback Offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened between 19th January 2022 to 28th February 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for brokerage refund upto Rs.3000/- for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded.
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice

^^ 2 months Brokerage Free Trading Offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened between 19th November 2022 to 29th December 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded. Rs.3000/- is the upper limit of brokerage free trading
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice.

^^ 2 months Brokerage Free Trading Offer:
  • The offer is open only for a limited period at the sole discretion of the company and applicable only to new account opened between 16th November to 15th December 2022.
  • The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  • The offer is applicable only for trades executed in first 60 days from date of account opening; all other charges as well as taxes and other statutory/Exchange charges will not be refunded. ₹ 10,000/- is the upper limit of brokerage free trading
  • The offer is eligible only once per individual.
  • This offer cannot be clubbed with other offers from the company.
  • The customer shall be deemed to be accepting the terms and conditions as applicable.
  • The company can revoke this offer by giving a prior notice.

# 15mins
This is applicable during the office hours to sole holder Resident Indian accounts which are KRA verified, also account would be open after all procedures relating to IPV and client diligence is completed. There is no AMC charged on Demat account for the first year. All other charges will apply as per agreed tariff rates.

## Free A/C
The offer is open only for a limited period at the sole discretion of the company and applicable only to new accounts opened upto 31st January 2023. The offer is only for waiver of account opening charges of Rs 354. All other charges as well as taxes and other statutory/Exchange charges continue to apply.

*As of 7th June, 2022

^Pay Only When You Profit

  • Calculations will happen separately for each segment, each Exchange and each product. Available product types are CNC (Cash & Carry), EMF (Exchange Margin Funding), MIS (Margin Intraday Square off), MIS+ (Margin Intraday Square off Plus) and CNF (Carry Forward).
  • For MIS+ product, while placing order user places first leg order along with compulsory Stop loss trigger order (i.e second leg) & optional book profit trigger order (third leg). First leg order gets tagged with second/third leg order and profit and loss will be calculated based on such tagging and will be computed based on the pair of trades that get executed through the product.
  • The rate considered is the weighted average of trade execution rate and not the net rate after transaction charges and statutory levy.
  • Transaction charges, STT/CTT, stamp duty and any other regulatory/statutory charges will be levied in normal course for all trades whether profit or loss
  • For intraday square off order no brokerage on the second leg will be charged if such trade results in a loss, however brokerage on the first leg will be levied in all cases.
  • For the purpose of calculation of brokerage under Pay Only When You Profit, when buy leg and sell leg of a security are undertaken on different Exchanges, it will not be considered as intraday trade for the purpose of calculation of profit or loss for charging of tariff and shall be charged as though each leg was a delivery trade.
  • Profit/Loss is calculated on weighted average market rate basis without considering associated costs (brokerage, transaction charges or statutory levies), at trade level, based on earliest trade time of execution.
  • When you have multiple buy/sell order of the same stock/contract the average buy/sell market price of the open position would be taken at the time of squareoff as the base to calculate whether the trade was at profit or not.
Registered Office: Espresso Financial Services Private Limited Deepak (formerly known as Sharekhan Comtrade Private Limited), The Ruby, 18th Floor, 29 Senapati Bapat Marg, Dadar (West), Mumbai 400 028, Maharashtra, India.
Registered Office: Espresso Financial Services Private Limited The Ruby, 18th Floor, 29 Senapati Bapat Marg, Dadar (West), Mumbai 400 028, Maharashtra, India.
Registered Office: Espresso Financial Services Private Limited (formerly known as Sharekhan Comtrade Private Ltd), The Ruby, 18th Floor, 29 Senapati Bapat Marg, Dadar (West), Mumbai 400 028, Maharashtra, India. SEBI Regn. Nos.: BSE / NSE / MSEI (CASH / F&O / CD) / MCX – Commodity: INZ000041331; CIN No. U65100MH2015PTC269036 DP: CDSL-DP-451-2020; NSE Member ID: 90194; BSE Member ID: 6732; MCX Member ID: 55400.
Tel: 022 6750 2000. Fax: 022 2432 7343
Espresso Financial Services Private Limited (formerly known as Sharekhan Comtrade Private Limited): SEBI Regn. Nos.: BSE / NSE / MSEI (CASH / F&O / CD) / MCX – Commodity: INZ000041331; CIN No. U65100MH2015PTC269036 DP: CDSL-DP-451-2020; NSE Member id – 90194; BSE Member id – 6732; MCX Member id – 55400
Espresso Financial Services Private Limited'(formerly known as Sharekhan Comtrade Private Limited): SEBI Regn. Nos.: BSE / NSE (CASH / F&O / CD) / MCX – Commodity: INZ000041331; CIN No. U65100MH2015PTC269036 DP: CDSL-DP-451-2020; NSE Member id – 90194; BSE Member id – 6732; MCX Member id – 55400.
For any complaints email at igc@myespresso.com.
Compliance Officer: Mr. Ravindra Ramchandra Kalvankar; email id: complianceofficer@myespresso.com; Tel: 022-62263303.
Compliance Officer: Mr. Ravindra Ramchandra Kalvankar; email id: complianceofficer@myespresso.com; Tel: 022-62263303.
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please refer the Risk Disclosure Document issued by SEBI and go through the Rights and Obligations and Do’s and Dont’s issued by Stock Exchanges and Depositories before trading on the Stock Exchanges. Brokerage will not exceed the SEBI prescribed limit.
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please refer to the Risk Disclosure Document issued by SEBI and go through the Rights and Obligations and Do’s and Dont’s issued by Stock Exchanges and Depositories before trading on the Stock Exchanges. For commodities derivatives please note that Commodities Derivatives are highly leveraged instruments. Before investing in the asset class consider your investment objectives, level of experience and risk appetite carefully. Brokerage will not exceed the SEBI prescribed limit.
This information is only for your consumption and it should not be redistributed.
Privacy Policy | Policies and Procedures | Terms & Conditions | KYC/AML Policy | Referral T&C | AMLCFT-Investor Education | ATTENTION-A note from Regulators for Investors | KYC Documents in Vernacular Languages | Stay Secure | NDNCR Terms & Conditions | Filing Complaints on SCORES – Easy and Quick
Privacy Policy   |   Policies and Procedures  |   Terms & Conditions  |  KYC Documents in Vernacular Languages  |  NDNCR Terms & Conditions  |  
Filing Complaints on SCORES – Easy and Quick

This information is only for your consumption and it should not be redistributed