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HDFC Sky Vs : Which one is better?

Both the brokers are registered with SEBI. HDFC Sky offers investmenet in Equity, F&O, Currency and Commodities, where offers investment in Equity, F&O and Currency only. Number of active customer for HDFC Sky is 10,88,561 where number of active customer for is . HDFC Sky is serving more customer compare to .

Here we present side-by-side comparison of HDFC Sky vs 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 '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 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 '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 on Service

  HDFC Sky Compare
HDFC Sky
 Compare
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX
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
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 on Trading & Demat Account Opening Charges

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

Trading & Demat Account Opening Charges - Compare HDFC Sky with
Charges HDFC Sky
Trading Account Opening Fees Free
Trading AMC Free
Demat Account Opening Fees Free
Demat AMC Rs 240 PA (Free for 1st year)
Provide DP Service Yes
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About Brokerage Plans

Compare HDFC Sky vs on Plan Options

Plans are the most important feature you look when compare HDFC Sky with . 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 on Plan Options
Plan Types HDFC Sky
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 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.

Brokerage Plan detail -

Brokerage Charges - Compare HDFC Sky with
Brokerage Charges Compare HDFC Sky
Plan Name Fixed pricing model
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 Trading Flat Fee Rs 20
Minimum Brokerage NIL NIL
Hidden Charges No
Funding Yes - 12% interest PA
Call & Trade Charges Rs 20 per call
Auto Square off Charges 0.1% or Rs 20 whichever is lower
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for
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Share Broker's Transaction Charges

Compare HDFC Sky vs on Transaction Charges

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

Transaction Charges - Compare HDFC Sky with
Transaction Charges Compare HDFC Sky
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA
Brokerage Charges Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for
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Account Features

Compare HDFC Sky vs on Account Features

Compare HDFC Sky with 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 offers only 2-in-1 account which includes trading and demat account. Algo Trading - offers Algo Trading where HDFC Sky doesn't offers Algo Trading. Margin Funding - HDFC Sky offers a margin funding where doesn't offers margin funding. NRI Trading - HDFC Sky offers NRI where doesn't offers NRI Trading.

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

Compare HDFC Sky vs on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky and . 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
Trading Platform Compare HDFC Sky
Desktop Trading Platform HDFC Sky
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) No
Desktop Platform (Mac) No
Web Trading Platform Yes
Web Trading Detail https://hdfcsky.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes
Mobile Trading Yes
Mobile Trading App HDFC Sky App
Mobile Trading App Demo HDFC Sky App Demo Demo
Android Mobile App Yes
Android App Download Andriod HDFC Sky App Download Andriod Download
iPhone Mobile App (IOS) No
iOS App Download iOS HDFC Sky App Download iOS Download
Android Tablet App Yes
iPad App (IOS) Yes
Trading Software Charges Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for

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Broker Ratings by Users

Compare HDFC Sky vs on User Rating

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

Compare HDFC Sky vs on Investment Offerings

Compare HDFC Sky with 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 - HDFC Sky offers trading options in Commodity (MCX) where doesn't offer. Online Mutual Fund Investment - HDFC Sky offers online mutual fund investment option where doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare HDFC Sky vs on Order Types

Order Type - Compare HDFC Sky with 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 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 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)- both doesn't offers AMO orders. GTC Orders- HDFC Sky offers Good Till Cancelled (GTC) orders where doesn't support Good Till Cancelled (GTC) orders.

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

Compare HDFC Sky vs on Customer Service

Compare HDFC Sky with 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
Customer Service Compare HDFC Sky
24/7 Customer Service HDFC Sky vs  - 24x7 customer support No
Email Support HDFC Sky vs  - Email Support Yes
Onine Live Chat HDFC Sky vs  - Onine Live Chat No
Phone Support HDFC Sky vs  - Phone Support Yes
Toll Free Number HDFC Sky vs  - Toll Free Number No
Through Branches HDFC Sky vs  - Through Branches Yes
Customer Care Number HDFC Sky vs  - Customer Care Number 1800 121 2109
Account Opening Process HDFC Sky vs  - Account Opening Process Online
Customer Support Email HDFC Sky vs  - Customer Support Email [email protected]
Knowledge Center/Education HDFC Sky vs  - Knowledge Center/Education https://hdfcsky.com/learn
Head Office Address HDFC Sky vs  - Head Office Address/Corporate Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Website HDFC Sky vs  - Company Website https://hdfcsky.com/
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Tips/Research/Reports Published

Compare HDFC Sky vs on Research Reports, Tips

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

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

Compare HDFC Sky vs on Demat Account

Compare HDFC Sky with 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 is 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 is .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
  HDFC Sky
DP Source CDSL
DP ID HDFC Sky vs  - DP ID CDSL: 1209
Demat Account Annual Maintenance Charges(AMC) ₹750 pa
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/-
Statutory charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges
Demat ₹5 per certificate + ₹35 request charges
Remat ₹30
Pledge Creation Nil
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40)
Pledge Closure Nil
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40)
Pledge Invocation 0.04% of transaction value (Min ₹40)
Failed Instruction Charges Nil
Other Charges Nil
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Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs on Special Offers and Promotion

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

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

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...

Detail Review...

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

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