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HDFC Sky Brokerage Charges, AMC and Trading Charges and overview - We have divided this section into 3 parts. In the first part, we have explained the fees for opening HDFC Sky trading account and AMC (if charged by the broker). In the second part, we have talked in detail about HDFC Sky brokerage plan/ trading plan. In case broker supports multiple plans, it will be explained in this section. In the third part, we have covered brokerage charges, list by charges for each segment, including Equity Delivery, Intraday, F&O, Currency Derivatives and Commodities. We have also covered HDFC Sky demat account opening charges & AMC, and complete HDFC Sky demat charges in detail.
Opening a trading account is a one-time fee that HDFC Sky charges when you open your account.
Trading AMC (Annual Maintenance Charges) is an annual fee charged by HDFC Sky for maintaining your account. This is the annual fee and is deducted from your account even if you haven't traded for a year. Normally, the AMC for the trading account is free of charge.
| Seq No. | Transaction | Duration | Fee |
|---|---|---|---|
| 1. | Trading Account Opening Charges | One Time | Free |
| 2. | Trading Annual Maintenance Charges(AMC) | Yearly Fee | Free |
HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.
| Segment | Value |
|---|---|
| Plan Name | Fixed pricing model |
| Monthly Plan | NA |
| Equity Delivery | 0.1% or Rs 20 whichever is lower |
| Equity Intraday | 0.1% or Rs 20 whichever is lower |
| Equity Futures | 0.1% or Rs 20 whichever is lower |
| Equity Options | Flat Fee Rs 20 |
| Currency Futures | 0.1% or Rs 20 whichever is lower |
| Currency Options | Flat Fee Rs 20 |
| Commodity | Flat Fee Rs 20 |
Please refer our unique and accurate HDFC Sky Brokerage Calculator. We have covered each charges including stamp duty by state also to match your contract note.
HDFC Sky Equity Brokerage Charges (Equity Delivery Brokerage - 0.1% or Rs 20 whichever is lower, Equity Intraday Brokerage - 0.1% or Rs 20 whichever is lower, Options Brokerage - Flat Fee Rs 20 and Futures Brokerage - 0.1% or Rs 20 whichever is lower) are the total trading costs that a client has to pay for trading in equity. They are calculated by adding all the taxes and fees that are charged in addition to the brokerage fees. The charges and taxes are brokerage, transaction charges, STT (Securities Transaction Charges), GST, stamp duty and SEBI charges. There are differences in trading charges for equity delivery, equity intraday, equity futures & options trading cost. Please refer to the details below:
| Type | Charges |
|---|---|
| Brokerage Equity Delivery | 0.1% or Rs 20 whichever is lower |
| Transaction Charges Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr |
| STT Equity Delivery | 0.1% on Both Side(Buy and Sell) |
| Stamp Duty Equity Delivery | Rs 1500 Per Cr on Buy only |
| Brokerage Equity Intraday | 0.1% or Rs 20 whichever is lower |
| Transaction Charges Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr |
| STT Equity Intraday | 0.025% on Sell |
| Stamp Duty Equity Intraday | Rs 300 Per Cr on Buy only |
| Brokerage Equity Futures | 0.1% or Rs 20 whichever is lower |
| Transaction Charges Equity Futures | NSE:200 Per Cr | BSE:FREE |
| STT Equity Future | 0.0125% on Sell |
| Stamp Duty Equity Future | Rs 200 Per Cr on Buy only |
| Brokerage Equity Options | Flat Fee Rs 20 |
| Transaction Charges Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr |
| STT Equity Options | 0.0625% on Sell |
| Stamp Duty Equity Options | Rs 300 Per Cr on Buy only |
| SEBI Turnover Charges | Rs 10 Per Cr |
| GST | 18% on the Brokerage and Transaction charges |
| Brokerage Calculator | HDFC Sky Brokerage Calculator |
HDFC Sky currency trading charges are the total trading costs that a client has to pay for trading in currencies. They are calculated by sum up all the taxes and charges that are charged in addition to the brokerage fees. The charges and taxes are transaction charges, STT or securities transaction fees, GST, stamp duty and SEBI charges. The brokerage of trading in HDFC Sky Currency Futures - 0.1% or Rs 20 whichever is lower and HDFC Sky Currency Options - Flat Fee Rs 20. Please read the details below:
| Type | Charges |
|---|---|
| Brokerage Currency Futures | 0.1% or Rs 20 whichever is lower |
| Transaction Charges Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr |
| Brokerage Currency Options | Flat Fee Rs 20 |
| Transaction Charges Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr |
| STT | No STT |
| Stamp Duty Equity Future | Rs 10 Per Cr on Buy only |
| SEBI Turnover Charges | Rs 10 Per Cr |
| GST | 18% on the Brokerage and Transaction charges |
HDFC Sky Commodity Trading Charges are the total trading costs that a client has to pay for trading commodities. They are calculated by adding up all the taxes and fees that are charged in addition to your brokerage fee. The fees and taxes are transaction charges, CTT or securities transaction charges, GST, stamp duty and SEBI charges. The brokerage of trading in HDFC Sky Commdity - Flat Fee Rs 20.
| Type | Commdity |
|---|---|
| Brokerage | Flat Fee Rs 20 |
| Transaction Charges | NA |
| STT/CTT | 0.01% on Sell |
| SEBI Turnover Charges | Rs 10 Per Cr |
| Stamp Duty* | 0.01% subject to a maximum of Rs 50 - Varies by State |
| GST | 18% on the Brokerage and Transaction charges |
Direct from your HDFC bank account.
Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Instant to HDFC Bank.
Information Not Available
Margin Funding Facility - Yes - 12% interest PA
HDFC Sky is offering 3-in-1 service so fund transfer in just internal process and you can do pay in and pay out directly from your trading account to bank account and vis verse. In 3-in-1 account you can’t link your secondary bank account. The easiest way is to do fund transfer from your secondary bank account to your primary bank account via net banking. For fund withdrawal, you can just do inter account fund transfer which is instance. There are no changes for fund withdrawal in 3-in-1 account with HDFC Sky.
There is no minimum deposit requirement when you open a trading and demat account with HDFC Sky. You need to pay account opening charges and demat AMC, if applicable. Once your account is up and ready you need to transfer fund to start trading.
HDFC Sky don't have any hidden charges. All charges and plan details are clearly defined in account opening document. No minimum charges or no other charges applicable.
Equity Cash, Intraday and F&O trading timing (BSE/NSE) is 9:15 am to 3:30 pm, Square off timing is 3:15 pm.
Currency Derivatives Trading Timing (NSE/BSE) - Trading open time 9:00 am and close time 5:00 pm (Currency F&O – USDINR, EURINR, GBPINR and JPYINR) and 7:30 pm (Cross Currency F&O – EURUSD, GBPUSD and USDJPY).
Commodity Trading Timing – Agri Commodity – 10 am to 5 pm, Other Commodities – 10 am to 11:30 pm.
In this section we have covered general question related to HDFC Sky brokerage and demat account charges like -
HDFC sky charges 5 cents each share bought. It means if you have bought 10 shares of a US company, you will be charged with 50 cents as brokerage fee.
HDFC Sky charges 5 as one-time fee to deposit funds in your global investment account. And, fund withdrawal fee is 10 each time whenever you place a fund withdrawal request.
The discount broker allows clients to invest in over 500 US based companies and ETFs.
Last Updated on 2023-11-09
