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
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.
|Broker Type||Discount Broker||Discount Broker|
|Exchanges Supported||NSE, BSE, MCX||BSE, NSE, MCX, NCDEX|
|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...||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...|
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 Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 240 PA (Free for 1st year)||Rs 300 PA|
|Provide DP Service|
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.
|Plan Types||HDFC Sky||5paisa|
|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.
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||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|
|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|
Compare HDFC Sky with 5paisa on transaction charges and PCM fee by segment.
|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|
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 Compare||HDFC Sky||5paisa|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15 PM|
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||5paisa|
|Desktop Trading Platform||HDFC Sky||5paisaTradeStation|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://hdfcsky.com/||https://www.5paisa.com/online-trading|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||HDFC Sky App||5paisa Mobile App|
|Mobile Trading App Demo||HDFC Sky App Demo||5paisa Mobile App Demo|
|Android Mobile App|
|Android App Download||Andriod HDFC Sky App Download||Andriod 5paisa Mobile App Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS HDFC Sky App Download||iOS 5paisa Mobile App Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
|97 Customer Reviews||27 Customer Reviews|
|Trading Brokerage Rating||2.1||3.9|
|Trading Platform Usability||2.9||3.3|
|Customer Service Ratings||2.8||2.7|
|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|
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||5paisa|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
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 Type Compare||HDFC Sky||5paisa|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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 Service Compare||HDFC Sky||5paisa|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||1800 121 2109||+91 89766 89766|
|Account Opening Process||Online||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Compare HDFC Sky with 5paisa on research reports and tips provided by the broker.
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
|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|
|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 Confirmation||0.04% of transaction value (Min ₹40)||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|
Compare HDFC Sky with 5paisa on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|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||Instant to HDFC Bank.||Max 24 hrs except bank holidays|
|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,
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Want to know why to trade with HDFC Sky, here are the promising reasons;
|Enquiry||Open Zerodha Account Now>>||Open 5paisa Account Now>>|
Last Updated on 2023-11-09T03:39:28+00:00