Espresso vs IDBI Direct – Compare Charges, Trading Features, Offers & more

Find a Comparison of Espresso vs IDBI Direct here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Espresso and IDBI Direct.

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Espresso vs IDBI Direct – Company Overview

Company Overview Espresso IDBI Direct
Company Type Private Public
Headquarters Mumbai Mumbai
Founder Jaideep Arora Nagaraj Garla
Establishment Year 2020 1993

Compare the Brokerage of Espresso and IDBI Direct

Brokerage Espresso IDBI Direct
Brokerage Plan Standard Plan Standard Plan
Subscription Charges Zero Zero
Equity Delivery Free 0.50% of Transaction Value
Equity Intraday Rs.20 per Trade or 0.03% (Whichever is Low) 0.05% of Transaction Value
Equity Future Rs.20 per Trade or 0.03% (whichever is low) 0.05% of Transaction Value
Equity Option Rs.20 per Trade Rs.50 per Lot
Commodity Future Rs.20 per Trade or 0.03% (whichever is low) 0.05% of Transaction Value
Commodity Option Rs.20 per Trade Rs.50 per Lot
Currency Future Rs.20 per Trade or 0.03% (whichever is low) 0.05% of Transaction Value
Currency Option Rs.20 per Trade Rs.50 per Lot

Espresso vs IDBI Direct – Trading Platforms

Trading Platforms Espresso IDBI Direct
Android App Espresso Android App Link IDBI Direct Android App Link
iOS App Espresso iOS App Link IDBI Direct iOS App Link
Web Trading Platform Espresso Web Trading Link IDBI Direct Web Trading Link
Trading Terminal Available Available
Algo Trading Platform NA Available
Foreign Stocks Trading Platform NA NA
Basket Trading Platform NA NA
Mutual Fund Investment Platform Available Available
Digital Gold Investment Platform NA NA
Bonds Investment Platform NA NA

Comparison of Espresso and IDBI Direct – Trading Features

Trading Features Espresso IDBI Direct
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 No
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management No Yes
Robust & Secure Platform Yes Yes

Compare Espresso vs IDBI Direct Offers

Offers Espresso IDBI Direct
Free Account Opening No Yes
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.500 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades Yes No

Espresso vs IDBI Direct – Products Provided

Products Provided Espresso IDBI Direct
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
Govt. Bonds No Yes
Digital Gold No No

Espresso vs IDBI Direct – Services Provided

Services Provided Espresso IDBI Direct
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 Institution Yes, Bootcamp No
Share Pledging Yes Yes
PMS or PCG No No
NRI Services No No

Compare Espresso and IDBI Direct Advisory

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

Comparison of Espresso and IDBI Direct Exposure

Exposure Espresso IDBI Direct
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

Compare Programs of Espresso & IDBI Direct

Programs Espresso IDBI Direct
Sub Broker Program Yes, Limited Yes
Partner Program Yes Yes
Referral Program Yes Yes

Espresso vs IDBI Direct – Ratings by Finec

Ratings Espresso IDBI Direct
Overall Rating 7.85 / 10 7.60 / 10
Customer Support 7.82 / 10 7.57 / 10
Technology 7.94 / 10 7.70 / 10
Charges 7.88 / 10 7.63 / 10
Products & Service 7.80 / 10 7.56 / 10
Experience 7.79 / 10 7.54 / 10

Compare Customer Support of Espresso and IDBI Direct

Customer Support Espresso IDBI Direct
Trading Support Available, Chargeable Available, Free
Dedicated Dealer Available, Chargeable Available, Free
Call Support 022-67670700 022-67719100
Email Support igc@mAvailablepresso.com customercare@idbi.co.in
Whatsapp Support NA NA
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support NA NA
Branches / Offices NA Available

Comparison of Espresso & IDBI Direct Complaints

Complaints Espresso IDBI Direct
Total Complaints Lodged 4 35
Total Complaints Resolved 3 28
% of Resolved Complaints 75.00% 80.00%
Non Actionable Complaints 0 3
% of Non Actionable Complaints 0.00% 8.57%

Compare Demat Charges of Espresso vs IDBI Direct

Demat Charges Espresso IDBI Direct
Account Opening Charges Rs.350 Free
Annual Maintenance Charges (AMC) Rs.400 per Year Rs.350 per Year

Espresso vs IDBI Direct – Compare STT & CTT

STT & CTT Espresso IDBI Direct
Equity Delivery 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday 0.025% on sell 0.025% on sell
Equity Future 0.0125% on sell 0.0125% on sell
Equity Option 0.0625% on sell (on premium) 0.0625% on sell (on premium)
Commodity Future 0.01% on sell (Non-Agri) 0.01% on sell (Non-Agri)
Commodity Option 0.05% on sell 0.05% on sell
Currency Future Nil Nil
Currency Option Nil Nil

Compare Stamp Duty of Espresso and IDBI Direct

Stamp Duty Espresso IDBI Direct
Equity Delivery 0.015% on buy 0.015% on buy
Equity Intraday 0.003% on buy 0.003% on buy
Equity Future 0.002% on buy 0.002% on buy
Equity Option 0.003% on buy 0.003% on buy
Commodity Future 0.002% on buy 0.002% on buy
Commodity Option 0.003% on buy 0.003% on buy
Currency Future 0.0001% on buy 0.0001% on buy
Currency Option 0.0001% on buy 0.0001% on buy

Espresso vs IDBI Direct – Transaction Charges

Transaction Charges Espresso IDBI Direct
Equity Delivery 0.00325% (NSE) & 0.00375% (BSE) 0.00345% (NSE) & 0.00375% (BSE)
Equity Intraday 0.00325% (NSE) & 0.00375% (BSE) 0.00345% (NSE) & 0.00375% (BSE)
Equity Future 0.0019% (NSE & BSE) 0.002% (NSE & BSE)
Equity Option 0.05% (on premium) 0.053% (on premium)
Commodity Future 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)
Commodity Option 0.05% (Non Agri) 0.05% (Non Agri)
Currency Future 0.0009% (NSE) & 0.00022% (BSE) 0.0009% (NSE) & 0.00022% (BSE)
Currency Option 0.035% (NSE) & 0.001% (BSE) 0.035% (NSE) & 0.001% (BSE)

Compare Pledge Charges of Espresso & IDBI Direct

Pledge Charges Espresso IDBI Direct
Pledge Creation Charges Rs.30 per Request Rs.50 per Request or 0.04% of Value (whichever is higher)
Pledge Invocation Charges Nil Rs.50 per Request or 0.04% of Value (whichever is higher)
Interest on Margin Trading 0.07% per day 0.07% per day

Comparison of Espresso and IDBI Direct – Hidden Charge

Hidden Charge Espresso IDBI Direct
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.13.5 per Scrip on Sell Rs.25 per Scrip on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Nil Rs.150
Reactivation Charges Nil Rs.100
Dematerialisation Charges Rs.20 per Certificate Rs.35 per Certificate
Call & Trade Charges Rs.50 per Trade Free

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