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Compare 3 Brokers

HDFC Sky Vs 5paisa: 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 5paisa Max Rs 20 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 9,94,904 where number of active customer for 5paisa is 4,86,965. HDFC Sky is serving more customer compare to 5paisa.

Here we present side-by-side comparison of HDFC Sky vs 5paisa 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 5paisa'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 5paisa 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 5paisa'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 5paisa on Service

  HDFC Sky Compare
HDFC Sky		 5paisa Compare
5paisa
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 9,94,904 4,86,965
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 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m...Know more about 5paisa
Broker Enquiry Request call back from Zerodha Request call back from 5paisa
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Account Opening Charges and AMC

Compare HDFC Sky vs 5paisa on Trading & Demat Account Opening Charges

Comparison of HDFC Sky with 5paisa 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 5paisa charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky with 5paisa
Charges HDFC Sky 5paisa
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 5paisa on Plan Options

Plans are the most important feature you look when compare HDFC Sky with 5paisa. This section compare on high level about type of plans offered by brokers. Multiple Plans - 5paisa provides Multiple Plans where HDFC Sky doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare HDFC Sky with 5paisa on Plan Options
Plan Types HDFC Sky 5paisa
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening

  Zerodha 5paisa
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Brokerage Charges

Compare HDFC Sky vs 5paisa 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.

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

Brokerage Charges - Compare HDFC Sky with 5paisa
Brokerage Charges Compare HDFC Sky 5paisa
Plan Name Fixed pricing model Basic Plan
Equity Delivery 0.1% or Rs 20 whichever is lower Flat Fee Rs 20
Equity Intraday 0.1% or Rs 20 whichever is lower Flat Fee Rs 20
Equity Futures 0.1% or Rs 20 whichever is lower Flat Fee Rs 20
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.1% or Rs 20 whichever is lower Flat Fee Rs 20
Currency Options Flat Fee Rs 20 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 20
Minimum Brokerage NIL NA
Hidden Charges No No
Funding Yes - 12% interest PA Yes - 18% interest PA
Call & Trade Charges Rs 20 per call Rs 100 per call(No limit of orders)
Auto Square off Charges 0.1% or Rs 20 whichever is lower Rs 100 per call(No limit of orders)
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for 5paisa
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Share Broker's Transaction Charges

Compare HDFC Sky vs 5paisa on Transaction Charges

Compare HDFC Sky with 5paisa on transaction charges and PCM fee by segment.

Transaction Charges - Compare HDFC Sky with 5paisa
Transaction Charges Compare HDFC Sky 5paisa
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 Rs 260 Per Cr
Brokerage Charges Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for 5paisa
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Account Features

Compare HDFC Sky vs 5paisa on Account Features

Compare HDFC Sky with 5paisa 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 5paisa offers only 2-in-1 account which includes trading and demat account. Algo Trading - 5paisa 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 - HDFC Sky offers NRI where 5paisa doesn't offers NRI Trading.

Account Features - HDFC Sky with 5paisa
Account Features Compare HDFC Sky 5paisa
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 3:15 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare HDFC Sky vs 5paisa on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky and 5paisa. 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 5paisa
Trading Platform Compare HDFC Sky 5paisa
Desktop Trading Platform HDFC Sky 5paisaTradeStation
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://hdfcsky.com/ https://www.5paisa.com/online-trading
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App HDFC Sky App 5paisa Mobile App
Mobile Trading App Demo HDFC Sky App Demo 5paisa Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod HDFC Sky App Download Andriod 5paisa Mobile App Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS HDFC Sky App Download iOS 5paisa Mobile App 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 5paisa
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for 5paisa
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for 5paisa
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for 5paisa

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Broker Ratings by Users

Compare HDFC Sky vs 5paisa on User Rating

  HDFC Sky 5paisa
  97 Customer Reviews    Rate HDFC Sky 27 Customer Reviews    Rate 5paisa
Fees Ratings 2.4 3.1
Trading Brokerage Rating 2.1 3.9
Trading Platform Usability 2.9 3.3
Customer Service Ratings 2.8 2.7
Overall Ratings 2.4 3.2
Broker Rating HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews 5paisa is Rated 3.2 / 5 based on 27 customer reviews
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Investment Offerings

Compare HDFC Sky vs 5paisa on Investment Offerings

Compare HDFC Sky with 5paisa 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 5paisa
Investment Offerings Compare HDFC Sky 5paisa
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 NIL
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Order Types

Compare HDFC Sky vs 5paisa on Order Types

Order Type - Compare HDFC Sky with 5paisa 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)- 5paisa offers After market orders where HDFC Sky doesn't offers AMO. GTC Orders- HDFC Sky offers Good Till Cancelled (GTC) orders where 5paisa doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare HDFC Sky with 5paisa
Order Type Compare HDFC Sky 5paisa
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders No Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare HDFC Sky vs 5paisa on Customer Service

Compare HDFC Sky with 5paisa 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 5paisa
Customer Service Compare HDFC Sky 5paisa
24/7 Customer Service HDFC Sky vs 5paisa - 24x7 customer support No No
Email Support HDFC Sky vs 5paisa - Email Support Yes Yes
Onine Live Chat HDFC Sky vs 5paisa - Onine Live Chat No No
Phone Support HDFC Sky vs 5paisa - Phone Support Yes Yes
Toll Free Number HDFC Sky vs 5paisa - Toll Free Number No No
Through Branches HDFC Sky vs 5paisa - Through Branches Yes No
Customer Care Number HDFC Sky vs 5paisa - Customer Care Number 1800 121 2109 +91 89766 89766
Account Opening Process HDFC Sky vs 5paisa - Account Opening Process Online Online/Paperless
Customer Support Email HDFC Sky vs 5paisa - Customer Support Email [email protected] [email protected]
Knowledge Center/Education HDFC Sky vs 5paisa - Knowledge Center/Education https://hdfcsky.com/learn https://www.5paisa.com/knowledge-centre
Head Office Address HDFC Sky vs 5paisa - Head Office Address/Corporate Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042		 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Website HDFC Sky vs 5paisa - Company Website https://hdfcsky.com/ https://www.5paisa.com/
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Tips/Research/Reports Published

Compare HDFC Sky vs 5paisa on Research Reports, Tips

Compare HDFC Sky with 5paisa on research reports and tips provided by the broker.

Research Reports - Compare HDFC Sky with 5paisa
  HDFC Sky 5paisa
Research Mutual Funds HDFC Sky vs 5paisa - Research Mutual Funds Yes Yes
Research Equity Reports HDFC Sky vs 5paisa - Research Equity Reports Yes Yes
Research ETF HDFC Sky vs 5paisa - Research ETF Yes No
Daily Market Report HDFC Sky vs 5paisa - Daily Market Report Yes Yes
Free Tips HDFC Sky vs 5paisa - Free Tips Yes Yes
Quarterly Result Analysis HDFC Sky vs 5paisa - Quarterly Results Yes No
News Alerts HDFC Sky vs 5paisa - Yes Yes
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Demat Account

Compare HDFC Sky vs 5paisa on Demat Account

Compare HDFC Sky with 5paisa 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 5paisa is ₹300 pa 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 5paisa is ₹12.50 per ISIN.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 5paisa
  HDFC Sky 5paisa
DP Source CDSL CDSL
DP ID HDFC Sky vs 5paisa - DP ID CDSL: 1209 82500
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹300 pa
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges ₹12.50 per ISIN
Demat ₹5 per certificate + ₹35 request charges ₹15 per certificate
Remat ₹30 ₹15 for every hundred securities or ₹15 per certificate whichever is higher
Pledge Creation Nil ₹50
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) NIL
Pledge Closure Nil NIL
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 5paisa on Special Offers and Promotion

Compare HDFC Sky with 5paisa on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare HDFC Sky vs 5paisa on Special Offers and Promotion
  HDFC Sky 5paisa
Pay In and Pay Out Options HDFC Sky vs 5paisa - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.		 Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time HDFC Sky vs 5paisa - Payout Time Instant to HDFC Bank. Max 24 hrs except bank holidays
Bank Supported and Charges HDFC Sky vs 5paisa - Bank Supported and Charges Info Not Available Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms.
Bank Detail Direct from your HDFC bank account. 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
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...
  • Rs. 20/order brokerage regardless of trade value.
  • Rs. 0 brokerage on delivery trades in Ultra Trader Pack.
  • Trade at just Rs. 10/order with Power Investor and Ultra Trader Pack.
  • Zero balance 5paisa account.
  • Free or Rs. 0 commission investment in mutual funds.
  • Investment in US Stocks at zero commission.
  • Best free trading platforms across web, desktop, and mobile app versions.
  • 5paisa Invest App, a dedicated mutual fund investment platform.
  • Smart research tools and intelligent portfolio investing ideas by experts.
  • Get comprehensive research on 4,000+ stocks.
  • Advanced orders like bracket order and cover order.
  • 5paisa Valid Till Triggered (VTT) order facility.
  • Free of cost 5paisa API to build your trading terminal.
  • 5paisa Smallcase, thematic investing platform.
  • 5paisa Algo Trading platform with the state-of-the-art automated trading feature.
  • 5paisa School, stock market education & learning center for beginners.

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 call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

Detail Review...
Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open 5paisa Account Now>>

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

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