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Espresso
Join Espresso Refer and Earn to open an Espresso account and earn Rs. 100! Credit in your Espresso account by the 10th of the next month for referred friends who join in the current month.
Demat Account
Q: What is Espresso?
A: Espresso demat is an account offered by Espresso for online stock trading in India. It is a dematerialized account required to trade in securities. Benefits include zero delivery brokerage on loss-making trades and low brokerage rates. Traders can open an account quickly and trade in various segments like equity, F&O, commodity, and currency.
Q: What is the brokerage fee for an Intraday trade on Espresso?
A: The brokerage fee for an Intraday trade on Espresso is Rs 20 per order.
Q: Does Espresso offer zero delivery brokerage?
A: Yes, Espresso offers zero delivery brokerage.
Q: What is Espresso Refer and Earn?
A: The Espresso "Refer and Earn" program allows users to earn Rs. 100 for every friend they refer to open an account with Espresso. If the referred friend's account is opened within the current month, the user will receive the credit in their Espresso account on the 10th of the next month.
Q: How can I earn Rs. 100 through the Espresso Refer and Earn program?
A: You can earn Rs. 100 for every referred friend that opens an Espresso account through your referral link.
Q: When will I receive the Rs. 100 credit for referring a friend who opens an account?
A: If your referred friend's account is opened in the current month, you will receive the credit in your Espresso account on the 10th of the next month.
Q: What are the benefits for referred friends who open an account with Espresso?
A: Referred friends can enjoy benefits such as zero account-opening charges, zero delivery brokerage, and pay only when they profit for Intraday trades across all segments.
Q: How can I generate a referral link to share with others?
A: You can enter your Espresso-linked mobile number to activate the section and generate a unique referral link that you can freely share with others.
Q: What are the benefits of joining the Espresso Partner Program through referral?
A: The benefits include high earning potential, timely monthly payments, zero investment required as a Partner, dedicated account opening support, multilingual account opening support team, and a chance to provide input on new features for trading platforms.
Q: Is there any cost involved in becoming an Espresso Partner through referral?
A: No, there is zero investment required to become an Espresso Partner through referral.
Q: What segments are covered for Intraday trades under the Espresso Refer and Earn program?
A: Intraday trades across all segments including Equity, F&O, Commodity, and Currency are covered under the Espresso Refer and Earn program.
Q: Does Espresso offer special pricing for loss-making trades for referred clients and friends?
A: Yes, referred clients and friends can benefit from unique Rs. 0 brokerage on loss-making trades pricing through the referral program.
Q: Can I have multiple referral links for different friends or platforms?
A: Yes, you can create multiple unique referral links to share with different friends or on various platforms.
Q: How can I track the status of friends I have referred to open an account with Espresso?
A: You can track the status of your referrals and credited earnings through your Espresso account dashboard.
Q: Are there any restrictions on the number of friends I can refer through the Espresso program?
A: There are no restrictions on the number of friends you can refer to open an Espresso account through the referral program.
Q: What kind of support can referred friends expect when opening an account with Espresso?
A: Referred friends can expect dedicated account opening support and assistance from a multilingual account opening support team.
Q: What happens if my referred friend opens the account after the current month ends?
A: If your referred friend's account is opened after the current month ends, the referral credit may be processed in the subsequent month.
Q: Can I refer friends from different regions or countries to open an Espresso account?
A: Yes, you can refer friends from different regions or countries to open an Espresso account through the referral program.
Q: Are there any additional rewards or incentives for top referrers in the Espresso Refer and Earn program?
A: Top referrers may be eligible for additional rewards, incentives, or recognition based on their referral performance within the program.
Q: Is there a limited period offer to open a free account on Espresso?
A: Yes, there is a limited period offer to open a free account on Espresso.
Q: How much brokerage is charged for buying securities worth Rs. 10,000 on Espresso?
A: The brokerage fee for buying securities worth Rs. 10,000 on Espresso is Rs 20.
Q: How much brokerage is charged for selling securities worth Rs. 9,000 on Espresso?
A: The brokerage fee for selling securities worth Rs. 9,000 on Espresso is Rs 20.
Q: What is the loss incurred from a trade where securities worth Rs. 1,000 were bought, and then sold at a loss?
A: The loss from the trade where securities worth Rs. 1,000 were bought and sold at a loss would be Rs 20 (brokerage) + Rs 37.8 (regulatory & statutory charges) = Rs 57.8.
Q: Does Espresso offer leverage products for trading?
A: Yes, Espresso offers a range of leverage products for trading to suit different needs.
Q: What is MIS+ in the Options segment recently launched by Espresso?
A: MIS+ in the Options segment by Espresso offers higher leverage for Intraday trading in NIFTY and Bank NIFTY Options contracts by adding a stop-loss to orders.
Q: What is EspressoLogy and what can users find there?
A: EspressoLogy is a blog space where users can get to know the team behind Espresso, learn about the company's journey, and read articles on trading and investing.
Q: What is Espresso Bootcamp and who is it designed for?
A: Espresso Bootcamp is a course designed to provide practical skills for trading and investing in the stock market. It is designed for both traders and investors and is available in Hindi and English for free.
Q: Who are the key members of the Espresso team?
A: The key members of the Espresso team include Kalyan (Chief Executive Officer), Chandresh (Product Offerings Head), and Rizwan (Technology Innovation Head).
Q: How long has Espresso been in the industry and who is it associated with?
A: Espresso is associated with Sharekhan, a pioneer of Online Stock Trading in India, and has been in the industry for 20 years. Sharekhan is a part of the BNP Paribas Group.
Q: What is Espresso Rewards and how can you earn from it?
A: With Espresso Rewards, you can earn Rs. 100 for every referred friend who opens an Espresso account through the referral program.
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