These customers are directly going to the apps and managing their journey right from creating their demat accounts,” Tiwari said. Sharekhan Comtrade Private Limited and www.myespresso.com shall not deliberately disclose customer's personally identifiable information to any unauthorized third person, save and except where such information shall be disclosed in good faith and for the purpose of law for the time being in force or to protect the rights and property of Sharekhan Comtrade Private Limited and www.myespresso.com. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai 400 042, Maharashtra. Even as annual maintenance charges (AMC) are added eventually, the rates are lower than price points of traditional counterparts such as HDFC Securities and ICICI Direct, which charge as high as Rs 999 for opening of accounts. Sometimes we had to courier the documents to get it signed and still there would be errors and discrepancies. You can file complaints on SCORES through https://scores.gov.in/scores/Welcome.html, Filing Complaints on SCORES – Easy and Quick. Sharekhan today announced its foray into digital-led discount broking with a new platform – Espresso. The Web Site supplements the information that you provide with information that is received from third parties. About the Espresso App Open a Demat and Trading account with Espresso (100% online) and trade/invest digitally! Money buys comfort. Also, they are a lot more aggressive.”. Any personally identifiable information of the customers obtained by us shall not be used or shared other than for the purposes to which the customers consents. While Zerodha currently processes transactions worth $10 billion on its platform, accounting for 15% of the overall industry turnover, Upstox declined to share its daily transaction details. Demographic and profile data is also collected at the Web Site. These advertisements may contain cookies. Upstox also plans to launch digital gold services. The platform has also been doing its explanatory and how-to videos in vernacular languages, including Hindi and Gujarati. Nos. Sharekhan Comtrade Private Ltd run contests on the Web Site in which we ask visitors for contact information (like their e-mail address). As one of the pioneers of online trading, we consistently strive to improve your digital experience. related news. In January 2019, Zerodha became the top brokerage firm across online and offline user bases, according to NSE data. With the sudden upsurge in user base, the primary online discount brokerages are already profitable, having limited operational costs to account for. So they could price themselves more aggressively,” Prabhakar Tiwari, CMO of Mumbai-based Angel Broking, said. To open an online account using Zerodha, a user has to pay Rs 200 for trading and demat accounts, and Rs 100 for commodity accounts. Ltd: U67120MH2000PLC127257 Please wait while we are processing. Sharekhan Comtrade Private Limited shall ensure to safeguard the security and confidentiality of any information you share with us. It is backed by Ratan Tata and venture capitalists Kalaari Capital and GVK Davix. #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. The following discloses Sharekhan Comtrade Private Limited's information gathering and dissemination practices for the Web Site: Sharekhan Comtrade Private Limited uses your IP address to help diagnose problems with our server and to administer the web site. We pride ourselves on being a share trading app that listens to its users.Check us on the Web: www.myespresso.comFollow us on LinkedIn: https://www.linkedin.com/company/31018322Follow us on Quora: https://www.quora.com/profile/EspressoinvestFollow us on Facebook: https://www.facebook.com/espressoinvest/ Follow us on Twitter: https://twitter.com/espressoinvestFollow us on Instagram: https://www.instagram.com/espressoinvest_/ Subscribe to our YouTube channel: https://www.youtube.com/channel/UCiXI0vLEqQNufXJXv-dxHSw. It is yet to file financials with the Ministry of Corporate Affairs for the period ended March 2020. U65100MH2015PTC269036 DP: CDSL-DP-451-2020; NSE Member id … Choose your winners rationally in 3 simple steps! Click below to know more. Offer valid only on successful opening of Espresso Trading & Demat account. Sharekhan Comtrade Private Limited uses contact data from its contests to send users information about Sharekhan Comtrade Private Ltd. and promotional material from some of our partners. Groww claimed to have around 8 million registered users across product categories as of September 2020. 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. Any information being disclosed to third parties would be in accordance with the Rules and would be done provided such third party has the same level of compliance guidelines as Sharekhan Comtrade Private Limited. Registered Office: Sharekhan Comtrade Private Limited, Lodha iThink Techno Campus, 10th Floor, Beta Building, Off. Copyright © 2020 Apple Inc. All rights reserved. All other charges as well as taxes and other statutory/Exchange charges continue to apply. About the Espresso AppOpen a Demat and Trading account with Espresso (100% online) and trade/invest digitally!We are super-glad to bring you the feature-filled Espresso app:- Beta-tested by trading and investing enthusiasts in an effort to make it the closest thing to the best trading app!- Espresso offers the unique PAY ONLY WHEN YOU PROFIT pricing at Rs 20/order (discount brokerage) across Equity, F&O, Commodity and Currency segments- You also get ZERO Delivery brokerage (NSE and BSE)- Many, many more offerings waiting for youThese aspects of the Espresso platform set us apart from being just another share market app or online trading app.TOP APP FEATURES:- Create watchlists of your favorite stocks and F&O and Currency segments- Multi-Exchange streaming of MarketWatch with more details about scrips and contracts- Tick-by-tick refresh of stock rates, multiple prices, and graphs- Latest prices of Sensex and NIFTY- Heat map of all indices- In-app EoD Reports- Stay logged in even after closing the app- Transfer funds from your bank account to your Espresso account in seconds!TRADER-SPECIFIC FEATURES:- Enhanced live charts (Renko, Line, Candlestick, Bar, Area) with more time frames (ranging from 1 minute to 1 year), tracker ball and advanced chart studies ensure you stay on top of your game- Fast refresh rates for stocks, multiple prices and graphs- Fresh Dashboard for a comprehensive view of what’s happening in the market at all times- In-depth market movers of stocks and Futures and Options- A variety of order placements in one place – normal order, MIS, MIS+, Bracket Orders (BO)INVESTOR-SPECIFIC FEATURES:- Circumspect financial information at your fingertips!- Simplified access to your investment portfolio, reports and market movers- Watchlists, MarketWatch, IPOsYou can reach us in-app in case you have a question or you want to give feedback on how to make Espresso the best share market app out there! - Esp… We brought in features like technical and charting analytics,” he said. All rights reserved.For reprint rights. Sharekhan Comtrade Private Limited: SEBI Regn. Registered Office: SharekhanComtrade Private Limited, LodhaiThink Techno Campus, 10th Floor, Beta Building, Off.JVLR, Opp. Such transmission of your personal information is done at your own risk. They will not be able to match that price point, and the consumers are way more aware now… So there will be consolidation as the industry grows,” Angel Broking’s Tiwari said. 3. Upstox’s Kumar credits the sudden upsurge and growth to initiatives such as Aadhaar and e-KYC, which made onboarding new customers safer and faster. That’s a 6X increase,” Upstox co-founder and CEO Ravi Kumar told TechCircle. ... ** These facilities are provided by Sharekhan.com India Pvt. Compatible with iPhone, iPad, and iPod touch. U65100MH2015PTC269036 DP: CDSL/NSDL: IN-DP-451-2020; NSE Member ID – 90194; BSE Member ID – 6732; MCX Member ID – 55400, For any complaints, email at [email protected], Compliance Officer: Mr. Jigar Mahesh Pandit; email ID: [email protected]; Tel: 022-67502000. We don’t advise or recommend any stocks to our customers, and so on. There is no AMC charged on Demat account for the first year. When Kumar and his co-founder Shrini Viswanath founded the company in 2012, they were looking to build an online business in a world that was still largely offline. The brokerage business comprises four important elements -- an in-house research team of financial analysts; advisory services; execution of the services through an interface; and customer services managing demat accounts and buy and sell orders. Disclosure of sensitive information would be as per the terms agreed by the clients. In September 2020, the firm launched a discount brokerage platform called Espresso. Such information shall only be used for the purpose it is collected. 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!