Sharekhan has launched its discount broking arm Espresso

@garamjalebi @drupal @guest_999 @malikcool @mrKool_JJ @bumblefoot @adrishya @BubbleBoyChickenLittle @Dastro @Original guys check this out. 🙂🙂🙂

bikidas2060 wrote:

@garamjalebi @drupal @guest_999 @malikcool @mrKool_JJ @bumblefoot @adrishya @BubbleBoyChickenLittle @Dastro @Original guys check this out. 🙂🙂🙂

Any idea about account opening and AMC charges?
Couldn’t find this on their main webpage :toungueout:

bikidas2060 wrote:

@garamjalebi @drupal @guest_999 @malikcool @mrKool_JJ @bumblefoot @adrishya @BubbleBoyChickenLittle @Dastro @Original guys check this out. 🙂🙂🙂

Zero brokerage in case of loss ,,Great bro 👍

Brokerage rate when in profit?

bikidas2060 wrote:

@garamjalebi @drupal @guest_999 @malikcool @mrKool_JJ @bumblefoot @adrishya @BubbleBoyChickenLittle @Dastro @Original guys check this out. 🙂🙂🙂

Great

MrKool_JJ wrote:

Any idea about account opening and AMC charges?
Couldn’t find this in their main webpage

AMC is 400+ GST 

bikidas2060 wrote:

@garamjalebi @drupal @guest_999 @malikcool @mrKool_JJ @bumblefoot @adrishya @BubbleBoyChickenLittle @Dastro @Original guys check this out. 🙂🙂🙂

Seems good bro

malikcool wrote:

AMC is 400+ GST 

So it’s expensive for me atleast

4V35H wrote:

Brokerage rate when in profit?

20 buy 20 for sale. 🙂

MrKool_JJ wrote:

So it’s expensive for me atleast

Basic Services Demat account hai naa re bhai

4V35H wrote:

Brokerage rate when in profit?

0.01% or max 20 for every executed order (both buy & sell)
No brokerage on square off trade if it is loss making.

@bikidas2060 Bhai looks good but may inadvertently trap new retail investors not trying their hand at FnO/currency/commodity because of more charges, good but only for experts or those who know what they are risking.

guest_999 wrote:

@bikidas2060 Bhai looks good but may inadvertently trap new retail investors not trying their hand at FnO/currency/commodity because of more charges, good but only for experts or those who know what they are risking.

🙂🙂🙂

malikcool wrote:

AMC is 400+ GST 

Then not good 😖

drupal wrote:

Then not good 😖

BSDA hai na me b bhool gya
@bikidas2060
Account opening nil rahe to kholdu act

Do they provide APIs for alog trading etc?

xuseronline wrote:

Do they provide APIs for alog trading etc?

Do you want to place your trust in a discount broker APIs for algo trading?

xuseronline wrote:

Do they provide APIs for alog trading etc?

Bhai I really don’t know 😀😀😀

MrKool_JJ wrote:

BSDA hai na me b bhool gya
@bikidas2060
Account opening nil rahe to kholdu act

I don’t trust Sharekhan for BSDA. I have one of my friends account with me in Sharekhan, they charged him amc despite his acc being eligible for bsda. Suckers for money.
If you anyway have only one purpose, that’s ipo, then i don’t find any other broker good except zerodha / upstox. Why to take risk where there’s no transparency.

BubbleBoyChickenLittle wrote:

I don’t trust Sharekhan for BSDA. I have one of my friends account with me in Sharekhan, they charged him amc despite his acc being eligible for bsda. Suckers for money.
If you anyway have only one purpose, that’s ipo, then i don’t find any other broker good except zerodha / upstox. Why to take risk where there’s no transparency.

This is a discount broker arm of Sharekhan. So, I think it ll do okay.

Chemcon ka ipo kb allot hoga?

Money_Heist wrote:

Chemcon ka ipo kb allot hoga?

28 ko hoga. 29 taak pata chal jaega

guest_999 wrote:

Do you want to place your trust in a discount broker APIs for algo trading?

Yes, some are trusted
Using Zerodha’s API for last 4 months… never had any issues but they are charging Rs.2000/mo . Discount broker but API is costly

xuseronline wrote:

Yes, some are trusted
Using Zerodha’s API for last 4 months… never had any issues but they are charging Rs.2000/mo . Discount broker but API is costly

That’s the conundrum. Even if it is a discount broker it is not possible for it to provide a cheap API service at same price as its discount broker service so end result is same.

Buy side brokerage is 20
Sales side brokerage is nil if we make a loss.
It’s a really good deal.

Espresso discount broker, 3 month brokerage free, 1Year Moneyflix free

malikcool wrote:

AMC is 400+ GST 

how do you add photos or screenshot in replies ?

xuseronline wrote:

Yes, some are trusted
Using Zerodha’s API for last 4 months… never had any issues but they are charging Rs.2000/mo . Discount broker but API is costly

what is API ?

csaram1067 wrote:

what is API ?