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HDFC Sky Vs Sushil Finance: Which one is better?

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 Sushil Finance ranges between .01 to .03 . HDFC Sky is a Discount Broker where Sushil Finance is a Full Service Broker. HDFC Sky is having overall higher rating compare to Sushil Finance. HDFC Sky is rated 4 out of 5 where Sushil Finance is rated only 3 out of 5. Number of active customer for HDFC Sky is 10,88,561 where number of active customer for Sushil Finance is . HDFC Sky is serving more customer compare to Sushil Finance.

Here we present side-by-side comparison of HDFC Sky vs Sushil Finance 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 Sushil Finance'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 Sushil Finance 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 Sushil Finance's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

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.

Compare HDFC Sky vs Sushil Finance on Service

  HDFC Sky Compare
HDFC Sky
Sushil Finance Compare
Sushil Finance
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 10,88,561
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... Know more about HDFC Sky Sushil Finance is one of the oldest full-service brokers serving the industry since 1982. A complete range of products & service offerings including NRI trading, free account opening, cutting-edge trading platforms, insightful research, and robus...Know more about Sushil Finance
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare HDFC Sky vs Sushil Finance on Trading & Demat Account Opening Charges

Comparison of HDFC Sky with Sushil Finance on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account where Sushil Finance charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky with Sushil Finance
Charges HDFC Sky Sushil Finance
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) Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare HDFC Sky vs Sushil Finance on Plan Options

Plans are the most important feature you look when compare HDFC Sky with Sushil Finance. 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.

Compare HDFC Sky with Sushil Finance on Plan Options
Plan Types HDFC Sky Sushil Finance
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare HDFC Sky vs Sushil Finance on Brokerage Charges

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.

Sushil Finance Brokerage Plan detail - This is a standard plan by Sushil Finance. This is % based brokerage plan.

Brokerage Charges - Compare HDFC Sky with Sushil Finance
Brokerage Charges Compare HDFC Sky Sushil Finance
Plan Name Fixed pricing model Basic Trading Plan (Percentage Based)
Equity Delivery 0.1% or Rs 20 whichever is lower 0.3% or 30 paisa
Equity Intraday 0.1% or Rs 20 whichever is lower 0.03% or 3 paisa
Equity Futures 0.1% or Rs 20 whichever is lower 0.03% or 3 paisa
Equity Options Flat Fee Rs 20 Rs 50 Per Lot
Currency Futures 0.1% or Rs 20 whichever is lower 0.03% or 3 paisa
Currency Options Flat Fee Rs 20 Rs 30 Per Lot
Commodity Trading Flat Fee Rs 20 0.03% or 3 paisa
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Yes - 12% interest PA Info Not Available
Call & Trade Charges Rs 20 per call NA
Auto Square off Charges 0.1% or Rs 20 whichever is lower NA
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for Sushil Finance
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Share Broker's Transaction Charges

Compare HDFC Sky vs Sushil Finance on Transaction Charges

Compare HDFC Sky with Sushil Finance on transaction charges and PCM fee by segment.

Transaction Charges - Compare HDFC Sky with Sushil Finance
Transaction Charges Compare HDFC Sky Sushil Finance
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 sushil-finance
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Account Features

Compare HDFC Sky vs Sushil Finance on Account Features

Compare HDFC Sky with Sushil Finance 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 Sushil Finance offers only 2-in-1 account which includes trading and demat account. Algo Trading - Sushil Finance offers Algo Trading where HDFC Sky doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - HDFC Sky with Sushil Finance
Account Features Compare HDFC Sky Sushil Finance
3 in 1 Account Yes, HDFC Sky have 3-in-1 accounts. Bank Account, Demat and Trading account. No HDFC Sky have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare HDFC Sky vs Sushil Finance on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky and Sushil Finance. 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 with Sushil Finance
Trading Platform Compare HDFC Sky Sushil Finance
Desktop Trading Platform HDFC Sky Sushil Finance
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://hdfcsky.com/ https://itrading.sushilfinance.com/html5/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App HDFC Sky App Sushil Connect
Mobile Trading App Demo HDFC Sky App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod HDFC Sky App Download Andriod Sushil Connect Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS HDFC Sky App Download iOS Sushil Connect Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for Sushil Finance
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Sushil Finance
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Sushil Finance
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for sushil-finance

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Broker Ratings by Users

Compare HDFC Sky vs Sushil Finance on User Rating

  HDFC Sky Sushil Finance
  97 Customer Reviews    Rate HDFC Sky 1 Customer Reviews    Rate Sushil Finance
Fees Ratings 2.4 4.0
Trading Brokerage Rating 2.1 5.0
Trading Platform Usability 2.9 4.0
Customer Service Ratings 2.8 5.0
Overall Ratings 2.4 4.0
Broker Rating HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews Sushil Finance is Rated 4.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare HDFC Sky vs Sushil Finance on Investment Offerings

Compare HDFC Sky with Sushil Finance 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 with Sushil Finance
Investment Offerings Compare HDFC Sky Sushil Finance
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking Yes No
Insurance No Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL Insurance
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Order Types

Compare HDFC Sky vs Sushil Finance on Order Types

Order Type - Compare HDFC Sky with Sushil Finance 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) - HDFC Sky provide Cover Orders (CO) where Sushil Finance doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - HDFC Sky provide Bracket Orders (BO) where Sushil Finance doesn't offer.With the name its cleare 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 higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Sushil Finance offers After market orders where HDFC Sky doesn't offers AMO. GTC Orders- HDFC Sky offers Good Till Cancelled (GTC) orders where Sushil Finance doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare HDFC Sky with Sushil Finance
Order Type Compare HDFC Sky Sushil Finance
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders No Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare HDFC Sky vs Sushil Finance on Customer Service

Compare HDFC Sky with Sushil Finance 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 Support - Compare HDFC Sky with Sushil Finance
Customer Service Compare HDFC Sky Sushil Finance
24/7 Customer Service HDFC Sky vs Sushil Finance - 24x7 customer support No No
Email Support HDFC Sky vs Sushil Finance - Email Support Yes Yes
Onine Live Chat HDFC Sky vs Sushil Finance - Onine Live Chat No No
Phone Support HDFC Sky vs Sushil Finance - Phone Support Yes Yes
Toll Free Number HDFC Sky vs Sushil Finance - Toll Free Number No No
Through Branches HDFC Sky vs Sushil Finance - Through Branches Yes Yes
Customer Care Number HDFC Sky vs Sushil Finance - Customer Care Number 1800 121 2109 +91-22-40778083/87/88
Account Opening Process HDFC Sky vs Sushil Finance - Account Opening Process Online Instant & Paperless
Customer Support Email HDFC Sky vs Sushil Finance - Customer Support Email [email protected] [email protected]
Knowledge Center/Education HDFC Sky vs Sushil Finance - Knowledge Center/Education https://hdfcsky.com/learn https://www.sushilfinance.com/research/fundamental
Head Office Address HDFC Sky vs Sushil Finance - Head Office Address/Corporate Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Info Not Available
Website HDFC Sky vs Sushil Finance - Company Website https://hdfcsky.com/ https://www.sushilfinance.com/
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Tips/Research/Reports Published

Compare HDFC Sky vs Sushil Finance on Research Reports, Tips

Compare HDFC Sky with Sushil Finance on research reports and tips provided by the broker.

Research Reports - Compare HDFC Sky with Sushil Finance
  HDFC Sky Sushil Finance
Research Mutual Funds HDFC Sky vs Sushil Finance - Research Mutual Funds Yes Yes
Research Equity Reports HDFC Sky vs Sushil Finance - Research Equity Reports Yes Yes
Research ETF HDFC Sky vs Sushil Finance - Research ETF Yes Yes
Daily Market Report HDFC Sky vs Sushil Finance - Daily Market Report Yes Yes
Free Tips HDFC Sky vs Sushil Finance - Free Tips Yes Yes
Quarterly Result Analysis HDFC Sky vs Sushil Finance - Quarterly Results Yes Yes
News Alerts HDFC Sky vs Sushil Finance - Yes Yes
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Demat Account

Compare HDFC Sky vs Sushil Finance on Demat Account

Compare HDFC Sky with Sushil Finance 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 Sushil Finance is ₹400 one time where for HDFC Sky is ₹750 pa.

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 Sushil Finance is 0.04% of the transaction value (Min ₹15).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

Demat Charges - Compare HDFC Sky with Sushil Finance
  HDFC Sky Sushil Finance
DP Source CDSL CDSL
DP ID HDFC Sky vs Sushil Finance - DP ID CDSL: 1209 No
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹400 one time
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- INVESTOR- NIL ECONOMY-NIL CLASSIC-NIL NSEL-NIL PREMIUM-Rs3700 ( on closing of account Rs .3300 will be refunded)
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges 0.04% of the transaction value (Min ₹15)
Demat ₹5 per certificate + ₹35 request charges ₹10 per certificate + ₹75 request charges
Remat ₹30 ₹35 per request
Pledge Creation Nil ₹35
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) Nil
Pledge Closure Nil ₹35
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) Nil
Pledge Invocation 0.04% of transaction value (Min ₹40) Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs Sushil Finance on Special Offers and Promotion

Compare HDFC Sky with Sushil Finance on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare HDFC Sky vs Sushil Finance on Special Offers and Promotion
  HDFC Sky Sushil Finance
Pay In and Pay Out Options HDFC Sky vs Sushil Finance - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Info Not Available
Payout Time HDFC Sky vs Sushil Finance - Payout Time Instant to HDFC Bank. Info Not Available
Bank Supported and Charges HDFC Sky vs Sushil Finance - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Direct from your HDFC bank account. Info Not Available
Likes

Want to know why to trade with HDFC Sky, here are the promising reasons;

  • Instant paperless account opening
  • Zero account opening charges and no maintenance fee for 1st year
  • Invest in equity, F&O, currencies, and commodities
  • Invest in 2000+ mutual funds from 29+ fund houses
  • Lowest brokerage fee of Rs 20/order
  • Zero commission mutual fund investment.
  • Invest in expert-recommended mutual fund schemes.
  • Global market investment in US stocks and ETFs
  • Stacks: Expert-curated basket of US Stocks and ETFs
  • Trade on HDFC Sky app or web as per your convenience
  • Place advance orders like basket orders, bracket order, cover order, and GTT order.
  • Free research reports and daily trading calls or tips.
  • Learning platform for newbies to experts
  • No minimum balance commitments
  • No hidden charges

Detail Review...

  • Trade on BSE, NSE, and MCX.
  • Trusted broker since 1982.
  • No account opening charges.
  • Web, app, and desktop-based trading platforms.
  • Equity research and recommendations.
  • Free call & trade.
  • Margin trading facility (MTF) and Loan against securities (LAS).
  • Robust offline presence with 375+ channel partners all over the country.

Detail Review...

Dislikes
  • Delivery trading is not free while Zerodha offers free delivery trading
  • Desktop trading software is not available
  • Direct mutual funds are not offered.

Detail Review...

  • High brokerage fee on trading.
  • Average-rated trading platforms.
  • Poor customer support.

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-11-09T03:39:28+00:00