It’s a really good deal. shared. You are now subscribed to our newsletters. save money by using the latest deals and Our website is made possible by displaying online advertisements to our visitors. Join thousands of savvy shoppers who share the best deals, discount coupons & online shopping tips. Join Mint channel in your Telegram and stay updated with the latest business news. Join Whats App Group for CA ,CMA,CS ,MBA,B.COM,BBA Job updates. Enter your email address to subscribe to this blog and receive notifications of new posts by email. So, I think it ll do okay. Retail brokerage Sharekhan has announced their entry into the discount broking space with Espresso, which offers no fees, if the trade ends in losses. Disclaimer: DesiDime.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to DesiDime.com. Why to take risk where there’s no transparency. how do you add photos or screenshot in replies ? Salient features are Buy side brokerage is 20 Sharekhan’s new offering is targeting this new-age investors with a ‘pay when you profit’ pricing model. https://www.myespresso.com/trading-pla...ms. Our website is made possible by displaying online advertisements to our visitors. https://www.myespress...m/ Good news for investors ..!!!! This is a discount broker arm of Sharekhan. Vote on deals, write your opinion and Sales side brokerage is nil if we make a loss. Slowdown hits D-Street: Sharekhan asks over 400 to quit . How to watch IPL 2020 for FREE or with Special Recharge Plans? “Customers need to pay ₹20 per order only when there is a profit for intraday trades across segments. 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. 0.01% or max 20 for every executed order (both buy & sell) 4) check trading platforms https://www.myespresso.com/trading-pla...ms, @garamjalebi @drupal @guest_999 @malikcool @mrKool_JJ @bumblefoot @adrishya @BubbleBoyChickenLittle @Dastro @Original guys check this out. Espresso Chief Customer Officer Kalyanaraman said a customer can pay ₹20 per order across equity, future and options, commodities and currency, and the brokerage waiver is only on one side (buy/sell) of the order and also there is zero delivery brokerage. offers by other shoppers in community. Couldn’t find this in their main webpage, Basic Services Demat account hai naa re bhai. Malayalam News App: ... എസ്പ്രസോ ഡിസ്കൗണ്ട് ട്രേഡിങ് trading Sharekhan launches Espresso sharekhan forays into discount broking Sharekhan discount brocking . However, Espresso does not believe that discount broking should be all about lower brokerage as it believes in helping investors end up making profitable trade. Using Zerodha’s API for last 4 months… never had any issues but they are charging Rs.2000/mo . Sharekhan has launched its discount broking arm Espresso at Others. @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. It'll just take a moment. -- Created at 24/09/2020, 38 Replies - Dost and Dimes -- India's Fastest growing Online Shopping Community to find Hottest deals, Coupon codes and Freebies. Sign up now and get a welcome bonus of 50 dimes! Please consider supporting us by disabling your ad blocker. Sharekhan said that Espresso will be a separate company. . This comprises nearly 80% of the 5 million new accounts opened so far in 2020. Please consider supporting us by disabling your ad blocker. 1) pay brokerage when you make profit, applicable for intraday trades across equity, FnO, currency and commodities @bikidas2060 … No brokerage on square off trade if it is loss making. According to data sourced from Securities and Exchange Board of India (Sebi), a record 4.09 million demat accounts were opened between March and July. by sharing it with other members of the There is also a one-year premium subscription free for MoneyFlix, wherein there are over 100 videos that have trading and investing strategies," said Sharekhan in a statement. Join here. In contrast, Sharekhan, owned by Paris-based BNP Paribas, believes there will be takers for both full service and discount brokerages as they cater to different customer bases. Taking advantage of the rush in retail investor interest in stock markets, Sharekhan has launched a separate entity called Espresso for discount brokerage services. Any idea about account opening and AMC charges?Couldn’t find this on their main webpage :toungueout: Zero brokerage in case of loss ,,Great bro , Any idea about account opening and AMC charges? Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai - 400042, Maharashtra. Registered Office: Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Off. 3) 1 year access to moneyflix https://www.myespresso.com/mon...ix Which is the best app to trade & invest in Stock Market? Runita bezalwar September 23, 2020. Found a great offer? Help 022-25753200/25753500 myaccount@sharekhan.com Live Chat (Online) Download Mobile App. Tel: 022 - … Also, there will also be no brokerage on delivery trades. Well, they charge you brokerage only when you profit from your trades. Open a Demat and Trading account with Espresso (100% online) and trade/invest digitally! In response to an email query, a Sharekhan spokesperson said about 350 employees have been asked to quit. Ad Blocker Detected . The brokerage waiver is only on one side (buy/sell) of the order. Click here to read the Mint ePaperMint is now on Telegram. New-age investors with a high-risk appetite taking bets on stocks, have contributed to the markets rally of 50% since March end. Refresh. Do you want to place your trust in a discount broker APIs for algo trading? The basic idea is to help clients succeed by ensuring that they have more money in their hands by not paying brokerage on loss-making intra-day trades or simply put “pay-when-you-profit-pricing model”. Log in to our website to save your bookmarks. The new platform was announced three months ago as a Beta testing format. Yes, some are trusted Discount broker but API is costly. Let everyone know Save my name, email, and website in this browser for the next time I comment. A shift to online broking model and shrinking revenues have prompted the brokerage to cut staff cost, they said. In June and July, 1 million and 1.1 million demat accounts were opened, respectively. The service will be free for all types of trades for the next three months, if a customer opens a demat account with Espresso before 22nd October 2020. Your session has expired, please login again. Suckers for money. In case you can’t find any email from our side, please check the spam folder. Espresso discount broker, 3 month brokerage free, 1Year Moneyflix free. These customers are directly going to the apps and managing their journey right from creating their demat accounts,” Tiwari said. GET APP. https://www.myespresso.com/c...es Notify me of follow-up comments by email. 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