5Paisa and Espresso are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. 5Paisa is listed as a Public Discount Broker , established in 2016 and headquartered in Mumbai, while Espresso is listed as a Private Discount Broker , established in 2020 and headquartered in Mumbai.
This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether 5Paisa or Espresso is a better fit for your investment style, platform preference, and budget.
5Paisa is listed as a Public Discount Broker established in 2016 with headquarters in Mumbai and founded by Nirmal Jain. The broker highlights access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access, web trading, desktop terminal access and algo trading support and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. It follows a Regular Account brokerage structure.
Espresso is listed as a Private Discount Broker established in 2020 with headquarters in Mumbai and founded by Jaideep Arora. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures using mobile app access, web trading and desktop terminal access and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking. Its brokerage model is structured as Standard Plan.
Both brokers use technology-driven platforms to attract active traders and investors, but the better option depends on the combination of pricing, products, services, and support that matters most to you.
5Paisa vs Espresso — A Comprehensive Company Overview
| Company Overview | 5Paisa | Espresso |
|---|---|---|
| Company Type | Public | Private |
| Broker Type | Discount Broker | Discount Broker |
| Headquarters | Mumbai | Mumbai |
| Founder | Nirmal Jain | Jaideep Arora |
| Establishment Year | 2016 | 2020 |
| Brokerage Plan | Regular Account | Standard Plan |
Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for 5Paisa and Espresso.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. 5Paisa charges Rs.20 per Trade while Espresso charges Free.
Equity intraday: This charge applies to buy-sell positions closed within the same trading day. 5Paisa charges Rs.20 per Trade while Espresso charges Rs.20 per Trade or 0.03% (Whichever is Low).
Equity futures: This charge applies to futures contracts on stocks and indices. 5Paisa charges Rs.20 per Trade while Espresso charges Rs.20 per Trade or 0.03% (whichever is low).
Equity options: This charge applies to equity option contracts. 5Paisa charges Rs.20 per Trade while Espresso charges Rs.20 per Trade.
Commodity futures: This charge covers commodities such as gold, silver, and crude oil. 5Paisa charges Rs.20 per Trade while Espresso charges Rs.20 per Trade or 0.03% (whichever is low).
Commodity options: This charge applies to option contracts on commodity instruments. 5Paisa charges Rs.20 per Trade while Espresso charges Rs.20 per Trade.
Currency futures: This charge allows participation in forex price movements on the exchange. 5Paisa charges Rs.20 per Trade while Espresso charges Rs.20 per Trade or 0.03% (whichever is low).
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. 5Paisa charges Rs.20 per Trade while Espresso charges Rs.20 per Trade.
5Paisa vs Espresso — Detailed Brokerage Comparison
| Brokerage | 5Paisa | Espresso |
|---|---|---|
| Brokerage Plan | Regular Account | Standard Plan |
| Subscription Charges | Zero | Zero |
| Equity Delivery | Rs.20 per Trade | Free |
| Equity Intraday | Rs.20 per Trade | Rs.20 per Trade or 0.03% (Whichever is Low) |
| Equity Future | Rs.20 per Trade | Rs.20 per Trade or 0.03% (whichever is low) |
| Equity Option | Rs.20 per Trade | Rs.20 per Trade |
| Commodity Future | Rs.20 per Trade | Rs.20 per Trade or 0.03% (whichever is low) |
| Commodity Option | Rs.20 per Trade | Rs.20 per Trade |
| Currency Future | Rs.20 per Trade | Rs.20 per Trade or 0.03% (whichever is low) |
| Currency Option | Rs.20 per Trade | Rs.20 per Trade |
5Paisa provides mobile app access, web trading, desktop terminal access and algo trading support for order placement, portfolio tracking, and market monitoring. Espresso provides mobile app access, web trading and desktop terminal access for its users.
Android app: 5Paisa and Espresso both list an Android trading app.
iOS app: 5Paisa and Espresso both list an iOS trading app.
Web trading platform: 5Paisa and Espresso both list a web trading platform.
Desktop trading terminal: 5Paisa and Espresso both list a desktop trading terminal.
Algo trading: 5Paisa lists algo trading support, while Espresso does not currently mention it.
Basket trading: 5Paisa lists basket trading, while Espresso does not currently mention it.
Foreign stocks platform: 5Paisa lists foreign stocks access, while Espresso does not currently mention it.
Mutual fund platform: 5Paisa and Espresso both list a mutual fund investment platform.
Digital gold platform: 5Paisa lists digital gold investing, while Espresso does not currently mention it.
Bonds platform: 5Paisa lists a bonds investment platform, while Espresso does not currently mention it.
5Paisa vs Espresso — Complete Comparison of Trading Platforms
| Trading Platform | 5Paisa | Espresso |
|---|---|---|
| Android App | 5Paisa Android App Link | Espresso Android App Link |
| iOS App | 5Paisa iOS App Link | Espresso iOS App Link |
| Web Trading Platform | 5Paisa Web Trading Link | Espresso Web Trading Link |
| Trading Terminal | Available | Available |
| Algo Trading Platform | Available | NA |
| Foreign Stocks Platform | Available | NA |
| Basket Trading Platform | Available | NA |
| Mutual Fund Platform | Available | Available |
| Digital Gold Platform | Available | NA |
| Bonds Platform | Available | NA |
5Paisa highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking, while Espresso promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking. The table below shows the full feature set for both brokers side by side.
Wishlist: Monitor specific stocks or assets by adding them to a watchlist for close tracking. Both 5Paisa and Espresso offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both 5Paisa and Espresso offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both 5Paisa and Espresso offer this feature.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both 5Paisa and Espresso offer this feature.
Research reports: A comprehensive overview of different stocks and sectors in the stock market. 5Paisa offers this; Espresso does not currently highlight it.
Global indices: Real-time data on leading global stock market indices. 5Paisa offers this; Espresso does not currently highlight it.
Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both 5Paisa and Espresso offer this feature.
Live market: Live updates on market movements and trends. Both 5Paisa and Espresso offer this feature.
Secure platform: A secure trading environment with next-generation security controls. Both 5Paisa and Espresso offer this feature.
5Paisa vs Espresso — Comprehensive Comparison of Trading Features
| Trading Feature | 5Paisa | Espresso |
|---|---|---|
| Wishlist | Yes | Yes |
| Real-Time Updates | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | Yes | Yes |
| Research Reports | Yes | No |
| Global Indices | Yes | No |
| Customised Recommendations | No | No |
| Stock Tips | No | No |
| Interactive Charts | Yes | Yes |
| Live Market | Yes | Yes |
| Multi Profile Management | No | No |
| Robust & Secure Platform | Yes | Yes |
Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by 5Paisa and Espresso.
Free account opening: 5Paisa lists free account opening, while Espresso does not currently mention it.
Free AMC: Neither broker currently highlights free Demat AMC.
Free brokerage: 5Paisa and Espresso both list free brokerage.
Flat brokerage: 5Paisa and Espresso both list flat brokerage pricing.
Flexible brokerage plans: 5Paisa lists flexible brokerage plans, while Espresso does not currently mention it.
Happy trading hours: Neither broker currently highlights happy trading hours.
Free delivery trading: Espresso lists free delivery trading, while 5Paisa does not currently mention it.
Free intraday trading: Neither broker currently highlights free intraday trading.
Free F&O trading: Neither broker currently highlights free F&O trading.
Free research reports: Neither broker currently highlights free research reports.
Free trading calls: Neither broker currently highlights free trading calls.
Zero brokerage for loss trades: Espresso lists zero brokerage for loss-making trades, while 5Paisa does not currently mention it.
Referral offers: 5Paisa offers 12.5% + Rs.100 Referral Credit per Client while Espresso offers Rs.300 per Client for referrals.
5Paisa vs Espresso — Comparison of Latest Offers
| Offer | 5Paisa | Espresso |
|---|---|---|
| Free Account Opening | Yes | No |
| Free AMC | No | No |
| Free Brokerage | Yes, Limited | Yes, Limited |
| Flat Brokerage | Yes | Yes |
| Flexible Brokerage Plans | Yes | No |
| Happy Trading Hours | No | No |
| Free Delivery Trading | No | Yes |
| Free Intraday Trading | No | No |
| Free F&O Trading | No | No |
| Free Research Reports | No | No |
| Free Trading Calls | No | No |
| Referral Offers | 12.5% + Rs.100 Referral Credit per Client | Rs.300 per Client |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | No | No |
| Zero Brokerage for Loss-Making Trades | No | Yes |
Product availability determines whether a broker can support your preferred markets. 5Paisa highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while Espresso highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures.
The table below compares the full product lineup side by side across equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures, currency options, foreign stocks, mutual funds, corporate bonds, government bonds, digital gold and bonds.
5Paisa vs Espresso — Complete Comparison of Products
| Product | 5Paisa | Espresso |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | Yes | Yes |
| Commodity Future | Yes | Yes |
| Currency Option | Yes | Yes |
| Currency Future | Yes | Yes |
| Foreign Stocks | Yes | No |
| Mutual Funds | Yes | Yes |
| Banking | No | No |
| Insurance | No | No |
| Corporate Bonds | Yes | No |
| Government Bonds | Yes | No |
| Digital Gold | Yes | No |
Demat services: 5Paisa and Espresso both list Demat services.
Trading services: 5Paisa and Espresso both list trading services.
Intraday services: 5Paisa and Espresso both list intraday trading services.
F&O services: 5Paisa and Espresso both list F&O services.
IPO services: 5Paisa and Espresso both list IPO services.
3-in-1 account: Neither broker currently highlights 3-in-1 account support.
Stock research: Neither broker currently highlights stock research.
Stock recommendations: Neither broker currently highlights stock recommendations.
Trading education: 5Paisa and Espresso both list trading education.
Share pledging: 5Paisa and Espresso both list share pledging.
PMS or PCG: Neither broker currently highlights PMS or PCG support.
NRI services: Neither broker currently highlights NRI services.
5Paisa provides Demat services, trading services, intraday trading, F&O trading, IPO access and trading education, while Espresso offers Demat services, trading services, intraday trading, F&O trading, IPO access and trading education.
5Paisa vs Espresso — In-Depth Comparison of Services
| Service | 5Paisa | Espresso |
|---|---|---|
| Demat Services | Yes | Yes |
| Trading Services | Yes | Yes |
| Intraday Services | Yes | Yes |
| F&O Services | Yes | Yes |
| IPO Services | Yes | Yes |
| 3-in-1 Account | No | No |
| Stock Research | No | No |
| Stock Recommendations | No | No |
| Trading Education | Yes, FinSchool | Yes, Bootcamp |
| Share Pledging | Yes | Yes |
| PMS or PCG | No | No |
| NRI Services | No | No |
Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from 5Paisa and Espresso.
5Paisa and Espresso — Detailed Comparison of Advisory Services
| Advisory | 5Paisa | Espresso |
|---|---|---|
| Fundamental Reports | No | No |
| Research Reports | No | No |
| Company Reports | No | No |
| Annual Reports | No | No |
| IPO Reports | No | No |
| Technical Reports | No | Yes, chargeable |
| Stock Tips | No | Yes, chargeable |
| Daily Top Stock Picks | No | No |
| Daily Market Review | No | No |
| Monthly Review | No | No |
| Weekly Review | No | No |
| Relationship Manager | No | Yes, chargeable |
| Robo Advisory | No | Yes |
Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from 5Paisa and Espresso across different segments.
5Paisa and Espresso — Comprehensive Comparison of Trading Exposure
| Exposure | 5Paisa | Espresso |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Intraday | Upto 5x (Depends on Stocks) | Upto 5x (Depends on Stocks) |
| Equity F&O Carry Forward | 1x | 1x |
| Equity F&O Intraday | 1.3x | 1.3x |
| Commodity F&O Carry Forward | 1x | 1x |
| Commodity F&O Intraday | 1.3x | 1.3x |
| Currency F&O | 1x | 1x |
5Paisa and Espresso both list a sub-broker program. 5Paisa and Espresso both list a partner program. 5Paisa and Espresso both list a referral program.
5Paisa vs Espresso — Comparative Analysis of Programs
| Program | 5Paisa | Espresso |
|---|---|---|
| Sub-Broker Program | Yes, Limited | Yes, Limited |
| Partner Program | Yes | Yes |
| Referral Program | Yes | Yes |
5Paisa provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Espresso provides support through trading desk support, dedicated dealer assistance, call support, email support and website support.
5Paisa and Espresso — Comprehensive Comparison of Customer Support
| Support Channel | 5Paisa | Espresso |
|---|---|---|
| Trading Support | Available, Chargeable | Available, Chargeable |
| Dedicated Dealer | Available, Chargeable | Available, Chargeable |
| Call Support | 8976689766 | 022-67670700 |
| Email Support | [email protected] | [email protected] |
| WhatsApp Support | NA | |
| Website Support | Website Link | Website Link |
| Facebook Support | Facebook Support Link | Facebook Support Link |
| Twitter / X Support | Twitter Support Link | Twitter Support Link |
| Telegram Support | Telegram Support Link | — |
| Branches / Offices | NA | NA |
Both brokers have been evaluated across key parameters to help investors make an informed comparison. 5Paisa carries an overall rating of 9.60 / 10, while Espresso carries an overall rating of 7.85 / 10.
5Paisa vs Espresso — Ratings Comparison
| Rating Parameter | 5Paisa | Espresso |
|---|---|---|
| Overall Rating | 9.60 / 10 | 7.85 / 10 |
| Customer Support | 9.57 / 10 | 7.82 / 10 |
| Technology | 9.72 / 10 | 7.94 / 10 |
| Charges | 9.64 / 10 | 7.88 / 10 |
| Products & Services | 9.55 / 10 | 7.80 / 10 |
| Experience | 9.53 / 10 | 7.79 / 10 |
SEBI, BSE, and NSE regularly publish broker complaint data as part of investor protection oversight. The table below shows the complaint records for both brokers.
5Paisa & Espresso — Comparison of Customer Complaints
| Complaint Metric | 5Paisa | Espresso |
|---|---|---|
| Total Complaints Lodged | 178 | 4 |
| Total Complaints Resolved | 145 | 3 |
| % of Resolved Complaints | 81.46% | 75.00% |
| Non-Actionable Complaints | 17 | 0 |
| % of Non-Actionable Complaints | 9.55% | 0.00% |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for 5Paisa and Espresso.
5Paisa vs Espresso — Detailed Comparison of Transaction Charges
| Transaction Charges | 5Paisa | Espresso |
|---|---|---|
| Equity Delivery | NSE: 0.00297% | BSE: 0.00375% | |
| Equity Intraday | NSE: 0.00297% | BSE: 0.00375% | |
| Equity Future | NSE: 0.00173% | BSE: 0 | |
| Equity Option | NSE: 0.03503% | BSE: Sensex 50/Stock options 0.0050% | Sensex/Bankex options 0.0325% | |
| Commodity Future | Group A: 0.0021% | Group B: PEPPER - 0.00005% | KAPAS - 0.0026% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% | |
| Commodity Option | 0.0418% | |
| Currency Future | NSE: 0.00035% | BSE: 0.00045% | |
| Currency Option | NSE: 0.0311% | BSE: 0.001% |
Pledge creation charges apply when traders borrow against their held securities. Pledge invocation charges apply if the pledged shares are sold due to a shortfall. Margin trading interest is the rate charged on borrowed funds.
5Paisa & Espresso — Comprehensive Comparison of Pledge Charges
| Pledge Charge | 5Paisa | Espresso |
|---|---|---|
| Pledge Creation Charges | ₹20 + Applicable GST | |
| Pledge Invocation Charges | ₹20 + Applicable GST | |
| Margin Trading Interest | - |
Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.
5Paisa and Espresso — Detailed Comparison of Hidden / Other Charges
| Charge | 5Paisa | Espresso |
|---|---|---|
| SEBI Turnover Charges | 0.0001% | |
| DP Charges | ₹20 + GST per scrip | |
| GST | - | |
| Account Closure Charges | - | |
| Reactivation Charges | - | |
| Dematerialisation Charges | - | |
| Call & Trade Charges | - |
5Paisa lists account opening charges of Free and Demat AMC of Rs.300 per Year. Espresso lists account opening charges of Rs.350 and Demat AMC of Rs.400 per Year.
5Paisa vs Espresso — Detailed Comparison of Demat Charges
| Demat Charges | 5Paisa | Espresso |
|---|---|---|
| Account Opening Charges | Free | Rs.350 |
| Annual Maintenance Charges (AMC) | Rs.300 per Year | Rs.400 per Year |
Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) are government levies — the same for all brokers in India. These are shown below for reference.
5Paisa vs Espresso — Comparative Analysis of STT and CTT Charges
| STT & CTT | 5Paisa | Espresso |
|---|---|---|
| Equity Delivery | 0.1% on both Buy & Sell sides | |
| Equity Intraday | 0.025% on the Sell side only | |
| Equity Future | 0.01% on the Sell side | |
| Equity Option | 0.0625% on the Sell side (on Premium) | |
| Commodity Future | 0.01% on the Sell side | |
| Commodity Option | 0.05% on the Sell side | |
| Currency Future | 0 | |
| Currency Option | 0 |
Stamp duty is a government tax charged when the broker issues, sells, or transfers a security. It is collected at the end of each trading day.
5Paisa and Espresso — Comparison of Stamp Duty Charges
| Stamp Duty | 5Paisa | Espresso |
|---|---|---|
| Equity Delivery | 0.015% or ₹1500 / crore on buy-side | |
| Equity Intraday | 0.003% or ₹300 / crore on buy-side | |
| Equity Future | 0.002% or ₹200 / crore on buy-side | |
| Equity Option | 0.003% or ₹300 / crore on buy-side | |
| Commodity Future | 0.002% or ₹200 / crore on buy-side | |
| Commodity Option | 0.003% or ₹300 / crore on buy-side | |
| Currency Future | 0.0001% or ₹10 / crore on buy-side | |
| Currency Option | 0.0001% or ₹10 / crore on buy-side |