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 Zerodha Max Rs 20 per trade. Both the brokers are Discount Brokers. HDFC Sky is having overall lower rating compare to Zerodha. HDFC Sky is rated only 4 out of 5 where Zerodha is rated 4.5 out of 5. Number of active customer for Zerodha is 64,75,590 where number of active customer for HDFC Sky is 9,94,904. Zerodha is serving more customer compare to HDFC Sky.
Here we present side-by-side comparison of HDFC Sky vs Zerodha 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 Zerodha'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 Zerodha 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 Zerodha'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||NSE, BSE, MCX|
|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...||Zerodha is the game-changing discount broker with the concept of an Rs. 20/order flat brokerage model and commission-free direct mutual fund investment platform in India. Free delivery trading, the superfast Zerodha Kite app, and web trading platform...|
Comparison of HDFC Sky with Zerodha on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Sky offer Free account opening where Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening. Demat AMC charges - HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account where Zerodha charges Rs 300 PA AMC for Demat account.
|Trading Account Opening Fees||Free||Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com)|
|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 Zerodha. 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.
|Plan Types||HDFC Sky||Zerodha|
|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.
Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.
|Brokerage Charges Compare||HDFC Sky||Zerodha|
|Plan Name||Fixed pricing model||Max Rs 20 per order Trading Plan|
|Equity Delivery||0.1% or Rs 20 whichever is lower||Free|
|Equity Intraday||0.1% or Rs 20 whichever is lower||0.03% or Rs 20 whichever is lower|
|Equity Futures||0.1% or Rs 20 whichever is lower||0.03% or Rs 20 whichever is lower|
|Equity Options||Flat Fee Rs 20||Flat Fee Rs 20|
|Currency Futures||0.1% or Rs 20 whichever is lower||0.03% or Rs 20 whichever is lower|
|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||Info Not Available|
|Call & Trade Charges||Rs 20 per call||Rs 50 Per Executable Order|
|Auto Square off Charges||0.1% or Rs 20 whichever is lower||Rs 50 Per Executable Order|
|Brokerage Calculator||Brokerage Calculator for HDFC Sky||Brokerage Calculator for Zerodha|
Compare HDFC Sky with Zerodha on transaction charges and PCM fee by segment.
|Transaction Charges Compare||HDFC Sky||Zerodha|
|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 zerodha|
Compare HDFC Sky with Zerodha on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 3-in-1 account which includes bank, trading and demat account. Algo Trading - Zerodha offers Algo Trading where HDFC Sky doesn't offers Algo Trading. Margin Funding - HDFC Sky offers a margin funding where Zerodha doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.
|Account Features Compare||HDFC Sky||Zerodha|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:10 PM|
With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky and Zerodha. 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||Zerodha|
|Desktop Trading Platform||HDFC Sky||Kite By Zerodha|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://hdfcsky.com/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||HDFC Sky App||Zerodha Kite|
|Mobile Trading App Demo||HDFC Sky App Demo||Zerodha Kite Demo|
|Android Mobile App|
|Android App Download||Andriod HDFC Sky App Download||Andriod Zerodha Kite Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS HDFC Sky App Download||iOS Zerodha Kite 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 Zerodha|
|Futures Brokerage Calculator||Futures Brokerage Calculator for HDFC Sky||Futures Brokerage Calculator for Zerodha|
|Options Brokerage Calculator||Options Brokerage Calculator for HDFC Sky||Options Brokerage Calculator for Zerodha|
|Detail||Detail on Trading Platforms for hdfc-sky||Detail on Trading Platforms for zerodha|
|97 Customer Reviews||159 Customer Reviews|
|Trading Brokerage Rating||2.1||4.5|
|Trading Platform Usability||2.9||3.7|
|Customer Service Ratings||2.8||3.8|
|Broker Rating||HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews||Zerodha is Rated 3.9 / 5 based on 159 customer reviews|
Compare HDFC Sky with Zerodha 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||Zerodha|
|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 Zerodha 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) - HDFC Sky provide Bracket Orders (BO) where Zerodha 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)- Zerodha offers After market orders where HDFC Sky doesn't offers AMO. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.
|Order Type Compare||HDFC Sky||Zerodha|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare HDFC Sky with Zerodha 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||Zerodha|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||1800 121 2109||"+ 91 80 4040 2020"|
|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,
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Compare HDFC Sky with Zerodha on research reports and tips provided by the broker.
Compare HDFC Sky with Zerodha 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 Zerodha 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 Zerodha is ₹8 + ₹5.50 (CDSL Charges) per transaction.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||81600|
|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||₹8 + ₹5.50 (CDSL Charges) per transaction|
|Demat||₹5 per certificate + ₹35 request charges||₹150 per certificate + ₹100 courier charges|
|Remat||₹30||₹150 per certificate + ₹100 courier charges + CDSL Charges|
|Pledge Creation||Nil||₹20 + ₹12 CSDL charges|
|Pledge Creation Confirmation||0.04% of transaction value (Min ₹40)||Nil|
|Pledge Closure||Nil||₹20 + ₹12 CSDL charges|
|Pledge Closure Confirmation||0.04% of transaction value (Min ₹40)||Nil|
|Pledge Invocation||0.04% of transaction value (Min ₹40)||₹20|
|Failed Instruction Charges||Nil||₹50 per instraction|
Compare HDFC Sky with Zerodha 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 funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Instant to HDFC Bank.||Max 24 hrs except for bank holidays|
|Bank Supported and Charges||Info Not Available||Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI).|
|Bank Detail||Direct from your HDFC bank account.||HDFC Bank
Branch: Sandoz Branch, Mumbai
Want to know why to trade with HDFC Sky, here are the promising reasons;
Trading with Zerodha brings multiple benefits or advantages, an indicative list is as follows;
Despite many advantages, there are following drawbacks while trading with India's leading discount broker, Zerodha
|Special Offers/Promo||Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.|
|Enquiry||Open Zerodha Account Now>>||Open Zerodha Account Now>>|
Last Updated on 2023-11-09T03:39:28+00:00
HDFC is one of the largest full-time brokers of India which is a registered member of BSE, NSE, IRDA, PFRDA, AMFI, and MCX. The broker offers a different arena of products including equity, derivatives, fixed deposits, mutual funds, insurance, IPOs, bonds, currency derivatives, NCDs, ETF, and NPS. The broker has more than 250 branches across the country.
While Zerodha is a discount broker that offers low brokerage and high exposure. Zerodha offers its investors to trade and invests in equity, equity F&O, commodity, currency, Direct Mutual Funds through SIP and lump-sum, ETFs, Government securities, and bonds. HDFC Sky Limited provides the full exposure of all the worlds, however, Zerodha has resources but not as much compared to HSL.