Espresso vs SBI Securities – Compare Charges, Trading Features, Offers & More

Espresso and SBI Securities are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. Espresso is listed as a Private Discount Broker , established in 2020 and headquartered in Mumbai, while SBI Securities is listed as a Public Discount Broker , established in Arun Mehta 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 Espresso or SBI Securities is a better fit for your investment style, platform preference, and budget.

Overview — Espresso vs. SBI Securities

Espresso is listed as a Private Discount Broker established in 2020 with headquarters in Mumbai and founded by Jaideep Arora. 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 and desktop terminal access and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking. It follows a Standard Plan brokerage structure.

SBI Securities is listed as a Public Discount Broker established in Arun Mehta with headquarters in Mumbai and founded by Arun Mehta. 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, research reports and stock tips. 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.

Espresso vs SBI Securities — A Comprehensive Company Overview

Company Overview Espresso SBI Securities
Company TypePrivatePublic
Broker TypeDiscount BrokerDiscount Broker
HeadquartersMumbaiMumbai
FounderJaideep AroraArun Mehta
Establishment Year2020Arun Mehta
Brokerage PlanStandard PlanStandard Plan

Brokerage charges comparison — Espresso vs. SBI Securities

Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Espresso and SBI Securities.

Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Espresso charges Free while SBI Securities charges 0.50% of Transaction Value.

Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Espresso charges Rs.20 per Trade or 0.03% (Whichever is Low) while SBI Securities charges 0.075% of Transaction Value.

Equity futures: This charge applies to futures contracts on stocks and indices. Espresso charges Rs.20 per Trade or 0.03% (whichever is low) while SBI Securities charges 0.05% of Transaction Value.

Equity options: This charge applies to equity option contracts. Espresso charges Rs.20 per Trade while SBI Securities charges Rs.50 to Rs.100 per lot.

Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Espresso charges Rs.20 per Trade or 0.03% (whichever is low) while SBI Securities charges 0.05% of Transaction Value.

Commodity options: This charge applies to option contracts on commodity instruments. Espresso charges Rs.20 per Trade while SBI Securities charges Rs.50 to Rs.100 per lot.

Currency futures: This charge allows participation in forex price movements on the exchange. Espresso charges Rs.20 per Trade or 0.03% (whichever is low) while SBI Securities charges 0.05% of Transaction Value.

Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Espresso charges Rs.20 per Trade while SBI Securities charges Rs.20 to Rs.30 per lot.

Espresso vs SBI Securities — Detailed Brokerage Comparison

Brokerage Espresso SBI Securities
Brokerage PlanStandard PlanStandard Plan
Subscription ChargesZeroZero
Equity DeliveryFree0.50% of Transaction Value
Equity Intraday Rs.20 per Trade or 0.03% (Whichever is Low)0.075% of Transaction Value
Equity FutureRs.20 per Trade or 0.03% (whichever is low)0.05% of Transaction Value
Equity OptionRs.20 per TradeRs.50 to Rs.100 per lot
Commodity FutureRs.20 per Trade or 0.03% (whichever is low)0.05% of Transaction Value
Commodity OptionRs.20 per TradeRs.50 to Rs.100 per lot
Currency FutureRs.20 per Trade or 0.03% (whichever is low)0.05% of Transaction Value
Currency OptionRs.20 per TradeRs.20 to Rs.30 per lot

Trading platforms comparison — Espresso vs. SBI Securities

Espresso provides mobile app access, web trading and desktop terminal access for order placement, portfolio tracking, and market monitoring. SBI Securities provides mobile app access, web trading and desktop terminal access for its users.

  • Android app: Espresso and SBI Securities both list an Android trading app.

  • iOS app: Espresso and SBI Securities both list an iOS trading app.

  • Web trading platform: Espresso and SBI Securities both list a web trading platform.

  • Desktop trading terminal: Espresso and SBI Securities both list a desktop trading terminal.

  • Algo trading: Neither broker currently highlights algo trading support.

  • Basket trading: SBI Securities lists basket trading, while Espresso does not currently mention it.

  • Foreign stocks platform: Neither broker currently highlights foreign stocks access.

  • Mutual fund platform: Espresso and SBI Securities both list a mutual fund investment platform.

  • Digital gold platform: Neither broker currently highlights digital gold investing.

  • Bonds platform: SBI Securities lists a bonds investment platform, while Espresso does not currently mention it.

Espresso vs SBI Securities — Complete Comparison of Trading Platforms

Trading Platform Espresso SBI Securities
Android App Espresso Android App Link SBI Securities Android App Link
iOS App Espresso iOS App Link SBI Securities iOS App Link
Web Trading Platform Espresso Web Trading Link SBI Securities Web Trading Link
Trading Terminal Available Available
Algo Trading Platform NA NA
Foreign Stocks Platform NA NA
Basket Trading Platform NA Available
Mutual Fund Platform Available Available
Digital Gold Platform NA NA
Bonds Platform NA Available

Espresso vs. SBI Securities — Comparison of trading features

Espresso highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking, while SBI Securities promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips. 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 Espresso and SBI Securities offer this feature.

  • Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Espresso and SBI Securities offer this feature.

  • Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Espresso and SBI Securities offer this feature.

  • Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Espresso and SBI Securities offer this feature.

  • Research reports: A comprehensive overview of different stocks and sectors in the stock market. SBI Securities offers this; Espresso does not currently highlight it.

  • Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. SBI Securities offers this; Espresso does not currently highlight it.

  • Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both Espresso and SBI Securities offer this feature.

  • Live market: Live updates on market movements and trends. Both Espresso and SBI Securities offer this feature.

  • Multi profile management: Manage multiple trading profiles from a single account. SBI Securities offers this; Espresso does not currently highlight it.

  • Secure platform: A secure trading environment with next-generation security controls. Both Espresso and SBI Securities offer this feature.

Espresso vs SBI Securities — Comprehensive Comparison of Trading Features

Trading Feature Espresso SBI Securities
Wishlist Yes Yes
Real-Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes Yes
Research Reports No Yes
Global Indices No No
Customised Recommendations No No
Stock Tips No Yes
Interactive Charts Yes Yes
Live Market Yes Yes
Multi Profile Management No Yes
Robust & Secure Platform Yes Yes

Espresso vs. SBI Securities — Comparison of offers

Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Espresso and SBI Securities.

  • Free account opening: Neither broker currently highlights free account opening.

  • Free AMC: Neither broker currently highlights free Demat AMC.

  • Free brokerage: Espresso lists free brokerage, while SBI Securities does not currently mention it.

  • Flat brokerage: Espresso lists flat brokerage pricing, while SBI Securities does not currently mention it.

  • Flexible brokerage plans: SBI Securities 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 SBI Securities 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: SBI Securities lists free research reports, while Espresso does not currently mention it.

  • Free trading calls: SBI Securities lists free trading calls, while Espresso does not currently mention it.

  • Zero brokerage for loss trades: Espresso lists zero brokerage for loss-making trades, while SBI Securities does not currently mention it.

  • Referral offers: Espresso offers Rs.300 per Client while SBI Securities offers Upto Rs.700 per Client for referrals.

Espresso vs SBI Securities — Comparison of Latest Offers

Offer Espresso SBI Securities
Free Account Opening No No
Free AMC No No
Free Brokerage Yes, Limited No
Flat Brokerage Yes No
Flexible Brokerage Plans No Yes
Happy Trading Hours No No
Free Delivery Trading Yes No
Free Intraday Trading No No
Free F&O Trading No No
Free Research Reports No Yes
Free Trading Calls No Yes
Referral Offers Rs.300 per Client Upto Rs.700 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No Yes
Zero Brokerage for Loss-Making Trades Yes No

Offered products comparison — SBI Securities vs. Espresso

Product availability determines whether a broker can support your preferred markets. Espresso highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while SBI Securities 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, mutual funds, banking services, insurance, corporate bonds, government bonds and bonds.

Espresso vs SBI Securities — Complete Comparison of Products

Product Espresso SBI Securities
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 No No
Mutual Funds Yes Yes
Banking No Yes
Insurance No Yes
Corporate Bonds No Yes
Government Bonds No Yes
Digital Gold No No

  • Demat services: Espresso and SBI Securities both list Demat services.

  • Trading services: Espresso and SBI Securities both list trading services.

  • Intraday services: Espresso and SBI Securities both list intraday trading services.

  • F&O services: Espresso and SBI Securities both list F&O services.

  • IPO services: Espresso and SBI Securities both list IPO services.

  • 3-in-1 account: SBI Securities lists 3-in-1 account support, while Espresso does not currently mention it.

  • Stock research: SBI Securities lists stock research, while Espresso does not currently mention it.

  • Stock recommendations: SBI Securities lists stock recommendations, while Espresso does not currently mention it.

  • Trading education: Espresso and SBI Securities both list trading education.

  • Share pledging: Espresso and SBI Securities both list share pledging.

  • PMS or PCG: SBI Securities lists PMS or PCG support, while Espresso does not currently mention it.

  • NRI services: SBI Securities lists NRI services, while Espresso does not currently mention it.

Offered services comparison — Espresso vs. SBI Securities

Espresso provides Demat services, trading services, intraday trading, F&O trading, IPO access and trading education, while SBI Securities offers Demat services, trading services, intraday trading, F&O trading, IPO access and 3-in-1 account support.

Espresso vs SBI Securities — In-Depth Comparison of Services

Service Espresso SBI Securities
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 Yes
Stock Research No Yes
Stock Recommendations No Yes
Trading Education Yes, Bootcamp Yes, Investor Sarathi
Share Pledging Yes Yes
PMS or PCG No Yes
NRI Services No Yes

Stock advisory service comparison — Espresso vs. SBI Securities

Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Espresso and SBI Securities.

Espresso and SBI Securities — Detailed Comparison of Advisory Services

Advisory Espresso SBI Securities
Fundamental Reports No Yes
Research Reports No Yes
Company Reports No Yes
Annual Reports No Yes
IPO Reports No Yes
Technical Reports Yes, chargeable Yes
Stock Tips Yes, chargeable Yes
Daily Top Stock Picks No Yes
Daily Market Review No Yes
Monthly Review No Yes
Weekly Review No Yes
Relationship Manager Yes, chargeable Yes
Robo Advisory Yes No

Exposure comparison — Espresso vs. SBI Securities

Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Espresso and SBI Securities across different segments.

Espresso and SBI Securities — Comprehensive Comparison of Trading Exposure

Exposure Espresso SBI Securities
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

Comparison of programs — Espresso vs. SBI Securities

Espresso and SBI Securities both list a sub-broker program. Espresso and SBI Securities both list a partner program. Espresso and SBI Securities both list a referral program.

Espresso vs SBI Securities — Comparative Analysis of Programs

Program Espresso SBI Securities
Sub-Broker ProgramYes, LimitedYes
Partner ProgramYesYes
Referral ProgramYesYes

Customer support comparison — Espresso vs. SBI Securities

Espresso provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. SBI Securities provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. SBI Securities operates Available branches.

Espresso and SBI Securities — Comprehensive Comparison of Customer Support

Support Channel Espresso SBI Securities
Trading SupportAvailable, ChargeableAvailable, Free
Dedicated DealerAvailable, ChargeableAvailable, Free
Call Support022-67670700022-68545555
Email Support[email protected][email protected]
WhatsApp Support
Website SupportWebsite LinkWebsite Link
Facebook SupportFacebook Support LinkFacebook Support Link
Twitter / X SupportTwitter Support LinkTwitter Support Link
Telegram Support—Telegram Support Link
Branches / OfficesNAAvailable

Ratings — Espresso vs. SBI Securities

Both brokers have been evaluated across key parameters to help investors make an informed comparison. Espresso carries an overall rating of 7.85 / 10, while SBI Securities carries an overall rating of 8.95 / 10.

Espresso vs SBI Securities — Ratings Comparison

Rating Parameter Espresso SBI Securities
Overall Rating 7.85 / 10 8.95 / 10
Customer Support 7.82 / 10 8.92 / 10
Technology 7.94 / 10 9.06 / 10
Charges 7.88 / 10 8.99 / 10
Products & Services 7.80 / 10 8.90 / 10
Experience 7.79 / 10 8.88 / 10

Complaints — Espresso vs. SBI Securities

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.

Espresso & SBI Securities — Comparison of Customer Complaints

Complaint Metric Espresso SBI Securities
Total Complaints Lodged 4 182
Total Complaints Resolved 3 162
% of Resolved Complaints 75.00% 89.01%
Non-Actionable Complaints 0 11
% of Non-Actionable Complaints 0.00% 6.04%

Transaction charges comparison — Espresso vs. SBI Securities

Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Espresso and SBI Securities.

Espresso vs SBI Securities — Detailed Comparison of Transaction Charges

Transaction Charges Espresso SBI Securities
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option

Hidden charges comparison — Espresso vs. SBI Securities

Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.

Espresso and SBI Securities — Detailed Comparison of Hidden / Other Charges

Charge Espresso SBI Securities
SEBI Turnover Charges
DP Charges
GST
Account Closure Charges
Reactivation Charges
Dematerialisation Charges
Call & Trade Charges

Compare Demat charges — Espresso vs SBI Securities

Espresso lists account opening charges of Rs.350 and Demat AMC of Rs.400 per Year. SBI Securities lists account opening charges of Rs.850 and Demat AMC of Rs.750.

Espresso vs SBI Securities — Detailed Comparison of Demat Charges

Demat Charges Espresso SBI Securities
Account Opening ChargesRs.350Rs.850
Annual Maintenance Charges (AMC)Rs.400 per YearRs.750

Espresso vs SBI Securities — Compare STT & CTT

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.

Espresso vs SBI Securities — Comparative Analysis of STT and CTT Charges

STT & CTT Espresso SBI Securities
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option

Compare stamp duty — Espresso and SBI Securities

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.

Espresso and SBI Securities — Comparison of Stamp Duty Charges

Stamp Duty Espresso SBI Securities
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option

User experience: buying stocks

Espresso — User Trading Experience

  • Account Opening Experience: Espresso lists account opening charges of Rs.350 and Demat AMC of Rs.400 per Year.
  • Platform & Order Execution: Espresso provides mobile app access, web trading and desktop terminal access for market access and order execution.
  • Brokerage Transparency: Key charges include equity intraday brokerage of Rs.20 per Trade or 0.03% (Whichever is Low) and equity delivery charges of Free. The broker follows a Standard Plan brokerage structure.
  • Trading Tools & Features: The broker highlights watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking to support research, monitoring, and execution.
  • Research & Investment Access: Available products may include equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures.
  • Customer Support: Support options listed for Espresso include trading desk support, dedicated dealer assistance, call support, email support and website support.
  • Overall Rating: Espresso carries an overall rating of 7.85 / 10.
  • Overall Fit: Espresso may suit investors who want Demat services, trading services, intraday trading, F&O trading, IPO access and trading education through mobile app access, web trading and desktop terminal access.

SBI Securities — User Trading Experience

  • Account Opening Experience: SBI Securities lists account opening charges of Rs.850 and Demat AMC of Rs.750.
  • Platform & Order Execution: SBI Securities provides mobile app access, web trading and desktop terminal access for market access and order execution.
  • Brokerage Transparency: Key charges include equity intraday brokerage of 0.075% of Transaction Value and equity delivery charges of 0.50% of Transaction Value. The broker follows a Standard Plan brokerage structure.
  • Trading Tools & Features: The broker highlights watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips to support research, monitoring, and execution.
  • Research & Investment Access: Available products may include equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures.
  • Customer Support: Support options listed for SBI Securities include trading desk support, dedicated dealer assistance, call support, email support and website support.
  • Overall Rating: SBI Securities carries an overall rating of 8.95 / 10.
  • Overall Fit: SBI Securities may suit investors who want Demat services, trading services, intraday trading, F&O trading, IPO access and 3-in-1 account support through mobile app access, web trading and desktop terminal access.

Frequently Asked Questions

Is Espresso better than SBI Securities?
Espresso may suit traders looking for equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access, web trading and desktop terminal access, while SBI Securities may appeal to investors who prefer equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures and mobile app access, web trading and desktop terminal access. Compare brokerage, account charges, features, and support tables above before choosing.
Is SBI Securities better than Espresso?
SBI Securities may suit traders looking for equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access, web trading and desktop terminal access, while Espresso may appeal to investors who prefer equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures and mobile app access, web trading and desktop terminal access. Review segment-wise pricing, platform access, and service availability before selecting a broker.
Is Espresso cheaper than SBI Securities?
The lower-cost option depends on the segment you trade most. Compare equity delivery (Free vs 0.50% of Transaction Value), intraday (Rs.20 per Trade or 0.03% (Whichever is Low) vs 0.075% of Transaction Value), options (Rs.20 per Trade vs Rs.50 to Rs.100 per lot), and AMC (Rs.400 per Year vs Rs.750) before deciding.
Is SBI Securities cheaper than Espresso?
Pricing should be checked segment by segment. Review delivery, intraday, F&O, currency, commodity, and Demat charges in the tables above to see whether SBI Securities or Espresso is more cost-effective for your trading style.
Which is better, SBI Securities vs. Espresso?
The better broker is the one that fits your needs on brokerage, Demat charges, products, platforms, service availability, ratings, and support. This comparison page helps you evaluate Espresso and SBI Securities side by side before opening an account.
What segments does Espresso support?
Espresso supports equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures and currency options.
What segments does SBI Securities support?
SBI Securities supports equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures and currency options.
What is the account opening charge for Espresso vs SBI Securities?
Espresso lists account opening charges of Rs.350 and Demat AMC of Rs.400 per Year. SBI Securities lists account opening charges of Rs.850 and Demat AMC of Rs.750.

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