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HDFC Sky Vs Aditya Birla Money: 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 Aditya Birla Money ranges between 0.02% to 0.20%. HDFC Sky is a Discount Broker where Aditya Birla Money is a Full Service Broker. HDFC Sky is having overall higher rating compare to Aditya Birla Money. HDFC Sky is rated 4 out of 5 where Aditya Birla Money is rated only 3.5 out of 5. Number of active customer for HDFC Sky is 10,62,264 where number of active customer for Aditya Birla Money is 77,234. HDFC Sky is serving more customer compare to Aditya Birla Money.

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

  HDFC Sky Compare
HDFC Sky
Aditya Birla Money Compare
Aditya Birla Money
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 10,62,264 77,234
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 Open an Account with one of the most renowned full-service stock broking houses, Aditya Birla Money with a strong PAN India presence. Get the best research & advisory, PMS, invest in model portfolios and 24*7 active customer support.
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 Aditya Birla Money on Trading & Demat Account Opening Charges

Comparison of HDFC Sky with Aditya Birla Money on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Sky offer Free account opening where Aditya Birla Money charges Rs 750 for account opening. Demat AMC charges - HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account where Aditya Birla Money charges Rs 436 AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky with Aditya Birla Money
Charges HDFC Sky Aditya Birla Money
Trading Account Opening Fees Free Rs 750
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 240 PA (Free for 1st year) Rs 436
Provide DP Service Yes Yes
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About Brokerage Plans

Compare HDFC Sky vs Aditya Birla Money on Plan Options

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

Aditya Birla Money Brokerage Plan detail - This is a standard plan by Aditya Birla Money. This is a % based brokerage plan. Brokerage is between .02% to .20%, which is 2 paisa to 20 paisa.

Brokerage Charges - Compare HDFC Sky with Aditya Birla Money
Brokerage Charges Compare HDFC Sky Aditya Birla Money
Plan Name Fixed pricing model I-Decide Trading Plan (Percentage Based)
Equity Delivery 0.1% or Rs 20 whichever is lower 0.20% or 20 paisa
Equity Intraday 0.1% or Rs 20 whichever is lower 0.02% or 2 paisa
Equity Futures 0.1% or Rs 20 whichever is lower 0.02% or 2 paisa
Equity Options Flat Fee Rs 20 Rs 50 Per Lot
Currency Futures 0.1% or Rs 20 whichever is lower 0.02% or 2 paisa
Currency Options Flat Fee Rs 20 Rs 50 Per Lot
Commodity Trading Flat Fee Rs 20 0.02%
Minimum Brokerage NIL A minimum brokerage of Rs.20 per executed order
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 Aditya Birla Money
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Share Broker's Transaction Charges

Compare HDFC Sky vs Aditya Birla Money on Transaction Charges

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

Transaction Charges - Compare HDFC Sky with Aditya Birla Money
Transaction Charges Compare HDFC Sky Aditya Birla Money
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 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for aditya-birla-money
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Account Features

Compare HDFC Sky vs Aditya Birla Money on Account Features

Compare HDFC Sky with Aditya Birla Money 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 Aditya Birla Money offers only 2-in-1 account which includes trading and demat account. Algo Trading - both 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 Aditya Birla Money doesn't offers NRI Trading.

Account Features - HDFC Sky with Aditya Birla Money
Account Features Compare HDFC Sky Aditya Birla Money
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 No
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 No
Other Features NIL NIL
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Trading Platform

Compare HDFC Sky vs Aditya Birla Money on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky and Aditya Birla Money. 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 Aditya Birla Money
Trading Platform Compare HDFC Sky Aditya Birla Money
Desktop Trading Platform HDFC Sky Espress Trade
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://abtrade.adityabirlamoney.com/PlatformWeb/Platform/Account/LogIn
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App HDFC Sky App ABM Mobile Invest
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 ABM Mobile Invest Download
iPhone Mobile App (IOS) No No
iOS App Download iOS HDFC Sky App Download iOS ABM Mobile Invest Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for Aditya Birla Money
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Aditya Birla Money
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Aditya Birla Money
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for aditya-birla-money

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Broker Ratings by Users

Compare HDFC Sky vs Aditya Birla Money on User Rating

  HDFC Sky Aditya Birla Money
  97 Customer Reviews    Rate HDFC Sky 3 Customer Reviews    Rate Aditya Birla Money
Fees Ratings 2.4 2.0
Trading Brokerage Rating 2.1 3.0
Trading Platform Usability 2.9 1.0
Customer Service Ratings 2.8 1.0
Overall Ratings 2.4 1.0
Broker Rating HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews Aditya Birla Money is Rated 1.0 / 5 based on 3 customer reviews
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Investment Offerings

Compare HDFC Sky vs Aditya Birla Money on Investment Offerings

Compare HDFC Sky with Aditya Birla Money 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 Aditya Birla Money
Investment Offerings Compare HDFC Sky Aditya Birla Money
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 Aditya Birla Money on Order Types

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

Order Types - Compare HDFC Sky with Aditya Birla Money
Order Type Compare HDFC Sky Aditya Birla Money
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 Aditya Birla Money on Customer Service

Compare HDFC Sky with Aditya Birla Money 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 Aditya Birla Money
Customer Service Compare HDFC Sky Aditya Birla Money
24/7 Customer Service HDFC Sky vs Aditya Birla Money - 24x7 customer support No Yes
Email Support HDFC Sky vs Aditya Birla Money - Email Support Yes Yes
Onine Live Chat HDFC Sky vs Aditya Birla Money - Onine Live Chat No Yes
Phone Support HDFC Sky vs Aditya Birla Money - Phone Support Yes Yes
Toll Free Number HDFC Sky vs Aditya Birla Money - Toll Free Number No Yes
Through Branches HDFC Sky vs Aditya Birla Money - Through Branches Yes Yes
Customer Care Number HDFC Sky vs Aditya Birla Money - Customer Care Number 1800 121 2109 1800-270-7000
Account Opening Process HDFC Sky vs Aditya Birla Money - Account Opening Process Online Info Not Available
Customer Support Email HDFC Sky vs Aditya Birla Money - Customer Support Email [email protected] [email protected]
Knowledge Center/Education HDFC Sky vs Aditya Birla Money - Knowledge Center/Education https://hdfcsky.com/learn https://stocksandsecurities.adityabirlacapital.com/learning-center/knowldge-center
Head Office Address HDFC Sky vs Aditya Birla Money - Head Office Address/Corporate Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Aditya Birla Money, Ali Centre, No. 53, Greams Road, Chennai - 600006
Website HDFC Sky vs Aditya Birla Money - Company Website https://hdfcsky.com/ https://stocksandsecurities.adityabirlacapital.com/
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Tips/Research/Reports Published

Compare HDFC Sky vs Aditya Birla Money on Research Reports, Tips

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

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

Compare HDFC Sky vs Aditya Birla Money on Demat Account

Compare HDFC Sky with Aditya Birla Money 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 Aditya Birla Money is ₹450 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 Aditya Birla Money is ₹30 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 Aditya Birla Money
  HDFC Sky Aditya Birla Money
DP Source CDSL CDSL
DP ID HDFC Sky vs Aditya Birla Money - DP ID CDSL: 1209 37600
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹450 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 ₹30 per ISIN
Demat ₹5 per certificate + ₹35 request charges ₹25 per certificate + ₹100 courier charges
Remat ₹30 ₹25 per certificate + ₹100 courier charges
Pledge Creation Nil ₹100
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) ₹100
Pledge Closure Nil ₹100
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) Nil
Pledge Invocation 0.04% of transaction value (Min ₹40) ₹100
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs Aditya Birla Money on Special Offers and Promotion

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

Compare HDFC Sky vs Aditya Birla Money on Special Offers and Promotion
  HDFC Sky Aditya Birla Money
Pay In and Pay Out Options HDFC Sky vs Aditya Birla Money - 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 Aditya Birla Money - Payout Time Instant to HDFC Bank. Info Not Available
Bank Supported and Charges HDFC Sky vs Aditya Birla Money - 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.
  • Invest in other asset classes like insurance, pension funds, mutual funds, etc.
  • Apply for IPO via UPI.
  • Instant paperless account opening.
  • Zero Demat account opening charges.
  • Competitive brokerage rates.
  • Trade via the Mobile app, website, and trading terminal.
  • Free call & trade
  • Trading tips and comprehensive research (fundamental & technical, derivatives, currency, etc.)
  • Invest in the expert-curated thematic portfolio, model portfolios, and PMS.

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...

  • Does not provide a 3-in-1 account.
  • GTT order is not available.
  • Minimum brokerage charges are levied.
  • No flat brokerage plan.

Detail Review...

Special Offers/Promo
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Last Updated on 2023-11-09T03:39:28+00:00