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Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of HDFC Sky Max Rs 20 per trade while the brokerage of Finvasia Max Rs 0 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for HDFC Sky is 10,88,561 where number of active customer for Finvasia is 1,05,160. HDFC Sky is serving more customer compare to Finvasia.
Here we present side-by-side comparison of HDFC Sky vs Finvasia share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared HDFC Sky vs Finvasia's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of HDFC Sky vs Finvasia share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared HDFC Sky vs Finvasia's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
 HDFC Sky |
 Finvasia |
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|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
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Discount Broker | Discount Broker |
| Exchanges Supported
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NSE, BSE, MCX | BSE, NSE, MCX, NCDEX |
| Active Clients | 10,88,561 | 1,05,160 |
| Broker Overview | HDFC Sky is the only bank-based discount stock broker in India. Free demat and trading account opening, Rs 20/order maximum brokerage charges across all segments, simple yet elegant user interface enabled HDFC Sky mobile app, and free research & advi...  |
Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... |
| Broker Enquiry |
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Comparison of HDFC Sky with Finvasia on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Finvasia offer Free AMC for Demat account where HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account.
| Charges | HDFC Sky | Finvasia |
|---|---|---|
| Trading Account Opening Fees | Free | Free |
| Trading AMC | Free | Free |
| Demat Account Opening Fees | Free | Free |
| Demat AMC | Rs 240 PA (Free for 1st year) | Free |
| Provide DP Service |  |
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Plans are the most important feature you look when compare HDFC Sky with Finvasia. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.
| Plan Types | HDFC Sky | Finvasia |
|---|---|---|
| Multiple Plans |  |
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| Monthly Plans | |
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| Yearly Plans | |
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| Zerodha | Zerodha | |
|---|---|---|
| Account Opening Request |
HDFC Sky Brokerage Plan detail - HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
| Brokerage Charges Compare | HDFC Sky | Finvasia |
|---|---|---|
| Plan Name | Fixed pricing model | Zero Brokerage Trading Plan |
| Equity Delivery | 0.1% or Rs 20 whichever is lower | Rs 0 |
| Equity Intraday | 0.1% or Rs 20 whichever is lower | Rs 0 |
| Equity Futures | 0.1% or Rs 20 whichever is lower | Rs 0 |
| Equity Options | Flat Fee Rs 20 | Rs 0 |
| Currency Futures | 0.1% or Rs 20 whichever is lower | Rs 0 |
| Currency Options | Flat Fee Rs 20 | Rs 0 |
| Commodity Trading | Flat Fee Rs 20 | Rs 0 |
| Minimum Brokerage | NIL | NA |
| Hidden Charges | No | No |
| Funding | Yes - 12% interest PA | Yes, 24% interest PA |
| Call & Trade Charges | Rs 20 per call | Free |
| Auto Square off Charges | 0.1% or Rs 20 whichever is lower | Free |
| Brokerage Calculator | Brokerage Calculator for HDFC Sky | Brokerage Calculator for Finvasia |
Compare HDFC Sky with Finvasia on transaction charges and PCM fee by segment.
| Transaction Charges Compare | HDFC Sky | Finvasia |
|---|---|---|
| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
| Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
| Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | NA | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for hdfc-sky | Complete Brokerage Plans for finvasia |
Compare HDFC Sky with Finvasia on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky offers 3-in-1 account where Finvasia offers only 2-in-1 account which includes trading and demat account. Algo Trading - Finvasia offers Algo Trading where HDFC Sky doesn't offers Algo Trading. Margin Funding - HDFC Sky offers a margin funding where Finvasia doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.
| Account Features Compare | HDFC Sky | Finvasia |
|---|---|---|
| 3 in 1 Account | |
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| Charting | |
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| Algo Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15 PM |
| NRI Trading | |
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| Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky and Finvasia. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
| Trading Platform Compare | HDFC Sky | Finvasia |
|---|---|---|
| Desktop Trading Platform | HDFC Sky | OMNESYS NEST |
| Desktop Demo | Desktop Demo | Info Not Available |
| Desktop Platform (Windows) | |
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| Desktop Platform (Mac) | |
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| Web Trading Platform | |
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| Web Trading Detail | https://hdfcsky.com/ | https://trade.finvasia.com/ |
| Web Trading Demo | Web Trading Demo | Info Not Available |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | HDFC Sky App | SCALPERT |
| Mobile Trading App Demo | HDFC Sky App Demo | SCALPERT Demo |
| Android Mobile App | |
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| Android App Download | Andriod HDFC Sky App Download | Andriod SCALPERT Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | iOS HDFC Sky App Download | Info Not Available |
| Android Tablet App | |
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| iPad App (IOS) | |
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| Trading Software Charges | Free | Basic platforms are free, advance platforms are chargeable. |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for HDFC Sky | Equity Intraday and Delivery Brokerage Calculator for Finvasia |
| Futures Brokerage Calculator | Futures Brokerage Calculator for HDFC Sky | Futures Brokerage Calculator for Finvasia |
| Options Brokerage Calculator | Options Brokerage Calculator for HDFC Sky | Options Brokerage Calculator for Finvasia |
| Detail | Detail on Trading Platforms for hdfc-sky | Detail on Trading Platforms for finvasia |
| HDFC Sky | Finvasia | |
|---|---|---|
97 Customer Reviews
 |
17 Customer Reviews
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| Fees Ratings | 2.4 | 4.3 |
| Trading Brokerage Rating | 2.1 | 4.6 |
| Trading Platform Usability | 2.9 | 4.0 |
| Customer Service Ratings | 2.8 | 3.5 |
| Overall Ratings | 2.4 | 4.2 |
| Broker Rating | HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews | Finvasia is Rated 4.2 / 5 based on 17 customer reviews |
Compare HDFC Sky with Finvasia on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
| Investment Offerings Compare | HDFC Sky | Finvasia |
|---|---|---|
| Equity Cash and F&O | |
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| Currency Deravitives | |
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| Commodity | |
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| Online IPO Application | |
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| Mutual Funds | |
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| Bond / NCD | |
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| ETF | |
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| Banking | |
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| Insurance | |
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| Forex | |
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| MF SIP Investment | |
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| Equity SIP Investment | |
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| PMS Service | |
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| Other Investment Options | NIL | NIL |
Order Type - Compare HDFC Sky with Finvasia on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Finvasia offers After market orders where HDFC Sky doesn't offers AMO. GTC Orders- HDFC Sky offers Good Till Cancelled (GTC) orders where Finvasia doesn't support Good Till Cancelled (GTC) orders.
| Order Type Compare | HDFC Sky | Finvasia |
|---|---|---|
| CNC order | |
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| MIS order | |
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| NRML order | |
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| Cover order | |
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| Bracket order | |
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| AMO-After Market Orders | |
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| GTC-Good Till Cancelled | |
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Compare HDFC Sky with Finvasia on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
| Customer Service Compare | HDFC Sky | Finvasia |
|---|---|---|
| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Toll Free Number
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| Through Branches
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| Customer Care Number
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1800 121 2109 | Support: +91 9779 097 777/Sales: +91 9098 001 001 |
| Account Opening Process
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Online | Online/Paperless |
| Customer Support Email
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[email protected] | [email protected]/[email protected] |
| Knowledge Center/Education
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https://hdfcsky.com/learn | https://finvasia.com/announcements |
| Head Office Address
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LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA, 8 FLR, NEAR KANJURMARG RLYSTN, KANJURMARG, MUMBAI-MH-400042 |
Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
| Website
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https://hdfcsky.com/ | https://www.finvasia.com/ |
Compare HDFC Sky with Finvasia on research reports and tips provided by the broker.
| HDFC Sky | Finvasia | |
|---|---|---|
| Research Mutual Funds
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| Research Equity Reports
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| Research ETF
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| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Compare HDFC Sky with Finvasia on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for Finvasia is Free where for HDFC Sky is ₹750 pa. Finvasia is a better choice in terms of Demat AMC compare to HDFC Sky.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for HDFC Sky is 0.04% (Min ₹20) + CDSL charges where for Finvasia is ₹9 + ₹5.50 (CDSL Charges) for every transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
| HDFC Sky | Finvasia | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
|
CDSL: 1209 | 84300 |
| Demat Account Annual Maintenance Charges(AMC) | ₹750 pa | Free |
| Advance Deposit | Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- | Rs 0 |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹20) + CDSL charges | ₹9 + ₹5.50 (CDSL Charges) for every transaction |
| Demat | ₹5 per certificate + ₹35 request charges | ₹15 per certificate |
| Remat | ₹30 | ₹15 for every hundred securities + CDSL Charges |
| Pledge Creation | Nil | ₹25 per transaction |
| Pledge Creation Confirmation | 0.04% of transaction value (Min ₹40) | NIL |
| Pledge Closure | Nil | ₹25 per transaction |
| Pledge Closure Confirmation | 0.04% of transaction value (Min ₹40) | NIL |
| Pledge Invocation | 0.04% of transaction value (Min ₹40) | ₹19 per transaction |
| Failed Instruction Charges | Nil | ₹49 |
| Other Charges | Nil | Nil |
Compare HDFC Sky with Finvasia on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| HDFC Sky | Finvasia | |
|---|---|---|
| Pay In and Pay Out Options
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Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank. Pay-out/Fund Withdrawal - Bank Transfer only. |
Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through bank transfer only. |
| Payout Time
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Instant to HDFC Bank. | Up to 24 hrs except for bank holidays. |
| Bank Supported and Charges
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Info Not Available | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. |
| Bank Detail | Direct from your HDFC bank account. | FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
| Likes |
Want to know why to trade with HDFC Sky, here are the promising reasons;
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No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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| Dislikes |
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Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | |
| Enquiry | Open Zerodha Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2023-11-09T03:39:28+00:00
