Espresso is a Private Discount Broker in India , established in 2020 , and headquartered in Mumbai. The broker provides access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures and currency options through mobile app access, web trading and desktop terminal access, making it relevant for traders and investors who want one platform for market access, order execution, and portfolio tracking.
This 2026 review covers Espresso brokerage charges, Demat account costs, trading platforms, products, customer support, and key features. Investors comparing brokers can use the details on this page to understand whether Espresso matches their cost expectations, preferred trading segments, and platform requirements.
Espresso is listed as a Private Discount Broker that started operations in 2020 with headquarters in Mumbai. Espresso lists Jaideep Arora as its founder and focuses on serving investors who need access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures and currency options.
On the platform side, Espresso highlights mobile app access, web trading and desktop terminal access and supports products such as equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures. Its brokerage plan is listed as Standard Plan with subscription charges of Zero.
For investors evaluating overall value, the broker also highlights watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking and support access through trading desk support, dedicated dealer assistance, call support, email support and website support. This combination of products, tools, and support channels can help determine whether Espresso is suitable for beginner, active, or long-term investors.
Espresso — A Comprehensive Company Overview
| Company Overview | Espresso |
|---|---|
| Company Type | Private |
| Broker Type | Discount Broker |
| Headquarters | Mumbai |
| Founder | Jaideep Arora |
| Establishment Year | 2020 |
| Brokerage Plan | Standard Plan |
Espresso has been evaluated across key parameters including technology, charges, products, and customer experience to help investors make an informed comparison.
Espresso — Ratings
| Parameter | Rating |
|---|---|
| Overall Rating | 7.85 / 10 |
| Customer Support | 7.82 / 10 |
| Technology | 7.94 / 10 |
| Charges | 7.88 / 10 |
| Products & Services | 7.80 / 10 |
| Experience | 7.79 / 10 |
Espresso lists account opening charges of Rs.350 for its onboarding process, while the annual maintenance charge (AMC) for the Demat account is Rs.400 per Year.
Before opening an account with Espresso, investors should compare onboarding fees, Demat AMC, brokerage slabs, and the availability of services such as IPO access, F&O trading, and research tools.
Account Opening and Demat Charges
| Charge | Espresso |
|---|---|
| Trading Account Opening Charges | Rs.350 |
| Demat AMC (Annual Maintenance Charges) | Rs.400 per Year |
Brokerage is the fee charged by a stockbroker for executing trades on your behalf. Espresso applies the following charges across segments:
Brokerage of Espresso
| Brokerage | Espresso |
|---|---|
| Brokerage Plan | Standard Plan |
| Subscription Charges | Zero |
| Equity Delivery | Free |
| Equity Intraday | Rs.20 per Trade or 0.03% (Whichever is Low) |
| Equity Future | Rs.20 per Trade or 0.03% (whichever is low) |
| Equity Option | Rs.20 per Trade |
| Commodity Future | Rs.20 per Trade or 0.03% (whichever is low) |
| Commodity Option | Rs.20 per Trade |
| Currency Future | Rs.20 per Trade or 0.03% (whichever is low) |
| Currency Option | Rs.20 per Trade |
Espresso offers margin exposure to help traders manage larger positions with less capital. The margin facility allows investors to leverage their holdings across different segments, enabling better utilisation of available funds while managing risk appropriately.
Espresso — Exposure / Margin
| Exposure | Espresso |
|---|---|
| Equity Delivery | 1x |
| Equity Intraday | Upto 5x (Depends on Stocks) |
| Equity F&O Carry Forward | 1x |
| Equity F&O Intraday | 1.3x |
| Commodity F&O Carry Forward | 1x |
| Commodity F&O Intraday | 1.3x |
| Currency F&O | 1x |
Apart from brokerage, several statutory and operational charges apply when trading through Espresso. These include Securities Transaction Tax (STT), stamp duty, transaction charges, SEBI turnover fees, GST, and depository charges. Understanding these costs helps investors calculate the true cost of every trade.
Other Charges of Espresso
| Charge | Espresso |
|---|
Espresso provides mobile app access, web trading and desktop terminal access to support order placement, portfolio tracking, and market monitoring.
Key platform features include: watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts, live market tracking, secure platform controls.
Espresso — Trading Platforms
| Trading Platform | Espresso |
|---|---|
| Android App | Espresso Android App Link |
| iOS App | Espresso iOS App Link |
| Web Trading Platform | Espresso Web Trading Link |
| Trading Terminal | Available |
| Mutual Fund Investment Platform | Available |
Espresso highlights the following offers and benefits to attract and retain investors. These can help reduce overall trading costs or improve the value of the account relationship.
Espresso — Offers
| Offer | Espresso |
|---|---|
| Free Brokerage | Yes, Limited |
| Flat Brokerage | Yes |
| Free Delivery Trading | Yes |
| Referral Offers | Rs.300 per Client |
| Margin Funding / Pledging | Yes |
| Zero Brokerage for Loss-Making Trades | Yes |
Espresso highlights features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking. These tools support research, market monitoring, order execution, and day-to-day portfolio management for both first-time and active market participants.
Espresso — Trading Features
| Trading Feature | Espresso |
|---|---|
| Wishlist / Watchlist | Yes |
| Real-Time Updates | Yes |
| Portfolio Details | Yes |
| Online MF Buy | Yes |
| Research Reports | No |
| Global Indices | No |
| Customised Recommendations | No |
| Stock Tips | No |
| Interactive Charts | Yes |
| Live Market | Yes |
| Multi Profile Management | No |
| Robust & Secure Platform | Yes |
Espresso provides the following research and advisory services to help investors make more informed trading and investment decisions.
Espresso — Research & Advisory
| Research Service | Espresso |
|---|---|
| Technical Reports | Yes, chargeable |
| Stock Tips | Yes, chargeable |
| Relationship Manager | Yes, chargeable |
| Robo Advisory | Yes |
Espresso provides services that may include Demat services, trading services, intraday trading, F&O trading, IPO access and trading education. Depending on the products enabled, investors may also get access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures from the same ecosystem, making it easier to manage both trading and long-term investing requirements.
Espresso — Services Provided
| Service | Espresso |
|---|---|
| Demat Services | Yes |
| Trading Services | Yes |
| Intraday Services | Yes |
| F&O Services | Yes |
| IPO Services | Yes |
| 3-in-1 Account | No |
| Stock Research | No |
| Stock Recommendations | No |
| Trading Education / Institution | Yes, Bootcamp |
| Share Pledging | Yes |
| PMS or PCG | No |
| NRI Services | No |
Espresso offers a range of investment products including stocks, futures & options, currency trading, commodity trading and mutual funds, enabling users to explore multiple asset classes from a single platform. The platform also supports long-term wealth creation through mutual funds, allowing investors to diversify and reduce risk exposure.
Espresso — Products Provided
| Product | Espresso |
|---|---|
| Equity Delivery | Yes |
| Equity Intraday | Yes |
| Equity Option | Yes |
| Equity Future | Yes |
| Commodity Option | Yes |
| Commodity Future | Yes |
| Currency Option | Yes |
| Currency Future | Yes |
| Foreign Stocks | No |
| Mutual Funds | Yes |
| Banking | No |
| Insurance | No |
| Corporate Bonds | No |
| Government Bonds | No |
| Digital Gold | No |
Espresso offers partnership opportunities for individuals and organisations looking to associate with the broker and earn income by referring clients or operating as a sub-broker.
Espresso — Partner Programs
| Program | Espresso |
|---|---|
| Sub-broker Program | Yes, Limited |
| Partner Program | Yes |
| Referral Program | Yes |
Espresso provides customer support through trading desk support, dedicated dealer assistance, call support, email support and website support. A dedicated dealer service is also available for clients requiring personalised trade execution support.
Customer Support of Espresso
| Support Channel | Espresso |
|---|---|
| Trading Support | Available, Chargeable |
| Dedicated Dealer | Available, Chargeable |
| Call Support | 022-67670700 |
| Email Support | [email protected] |
| Website Support | Website Link |
| Facebook Support | Facebook Support Link |
| Twitter / X Support | Twitter Support Link |
The BSE and NSE regularly track and publish broker complaint data as part of maintaining investor protection standards. The table below shows the complaint record for Espresso, which can serve as an indicator of service quality and grievance resolution effectiveness.
Espresso — Complaints Data
| Metric | Espresso |
|---|---|
| Total Complaints Lodged | 4 |
| Total Complaints Resolved | 3 |
| % of Resolved Complaints | 75.00% |
| % of Non-Actionable Complaints | 0.00% |
Espresso can be evaluated through its onboarding costs, platform access, pricing structure, product range, and support options. Based on the broker data available on this page, here is a summary of the likely trading experience.