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HDFC Sky Vs 5paisa Vs Finvasia: Which one is better?

The brokerage of HDFC Sky ranges between Rs 20, the brokerage of 5paisa ranges between Rs 20, while the brokerage of Finvasia ranges between Rs 0. All 3 brokers are discount brokers. Overall rating for HDFC Sky is 4, 5paisa is rated 4, Finvasia is rated 4 out of 5.

Here we present side-by-side comparison of HDFC Sky vs 5paisa vs Finvasia stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared HDFC Sky vs 5paisa vs Finvasia on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better HDFC Sky vs 5paisa vs Finvasia in this setion with 360 degree view of broker information.

Compare HDFC Sky vs 5paisa vs Finvasia on Service

  HDFC Sky Compare
HDFC Sky
5paisa Compare
5paisa
Finvasia Compare
Finvasia
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE, MCX BSE, NSE, MCX, NCDEX 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... 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 Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... Know more about Finvasia
Broker Enquiry Request call back from Zerodha Request call back from 5paisa Request call back from Zerodha
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Account Opening Charges and AMC

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

In this section we have compared HDFC Sky vs 5paisa vs Finvasia on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - HDFC Sky charges Rs 240 PA (Free for 1st year) as AMC for Demat account, 5paisa charges Rs 300 PA AMC for Demat account, where Finvasia charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky vs 5paisa vs Finvasia
Charges HDFC Sky 5paisa Finvasia
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 240 PA (Free for 1st year) Rs 300 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare HDFC Sky vs 5paisa vs Finvasia on Plan Options

Plans are the most important feature you look when compare HDFC Sky vs 5paisa vs Finvasia. This section copare on high level about type of plans offered by brokers. Miltiple Plans - 5paisa offers Multiple Plans where HDFC Sky and Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

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

Account Opening

  Zerodha 5paisa Zerodha
Account Opening Request
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Brokerage Charges

Compare HDFC Sky vs 5paisa vs Finvasiaon 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.

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

Brokerage Charges - Compare HDFC Sky vs 5paisa vs Finvasia
Brokerage Charges Compare HDFC Sky 5paisa Finvasia
Plan Name Fixed pricing model Basic Plan Zero Brokerage Trading Plan
Equity Delivery 0.1% or Rs 20 whichever is lower Flat Fee Rs 20 Rs 0
Equity Intraday 0.1% or Rs 20 whichever is lower Flat Fee Rs 20 Rs 0
Equity Futures 0.1% or Rs 20 whichever is lower Flat Fee Rs 20 Rs 0
Equity Options Flat Fee Rs 20 Flat Fee Rs 20 Rs 0
Currency Futures 0.1% or Rs 20 whichever is lower Flat Fee Rs 20 Rs 0
Currency Options Flat Fee Rs 20 Flat Fee Rs 20 Rs 0
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 20 Rs 0
Minimum Brokerage NA NA
Hidden Charges No No
Funding Yes - 12% interest PA Yes - 18% interest PA Yes, 24% interest PA
Call & Trade Charges Rs 20 per call Rs 100 per call(No limit of orders) Free
Auto Square off Charges 0.1% or Rs 20 whichever is lower Rs 100 per call(No limit of orders) Free
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for 5paisa Brokerage Calculator for Finvasia
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Share Broker's Transaction Charges

Compare HDFC Sky vs 5paisa vs Finvasia on Transaction Charges

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

Transaction Charges - Compare HDFC Sky vs 5paisa vs Finvasia
Transaction Charges Compare HDFC Sky 5paisa Finvasia
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr 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 NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE 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 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 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 NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Rs 260 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for 5paisa Complete Brokerage Plans for finvasia
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Account Features

Compare HDFC Sky vs 5paisa vs Finvasia on Account Features

Compare HDFC Sky vs 5paisa vs Finvasia 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 and Finvasia offers only 2-in-1 account which includes trading and demat account. Margin Funding - HDFC Sky and 5paisa offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - HDFC Sky and Finvasia offers NRI Trading where 5paisa doesn't offers NRI Trading.

Account Features - HDFC Sky vs 5paisa vs Finvasia
Account Features Compare HDFC Sky 5paisa Finvasia
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. No Finvasia have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM 3:15 PM
NRI Trading Yes No Yes
Other Features NIL NIL NIL
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Trading Platform

Compare HDFC Sky vs 5paisa vs Finvasiaon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky vs 5paisa vs Finvasia. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare HDFC Sky vs 5paisa vs Finvasia
Trading Platform Compare HDFC Sky 5paisa Finvasia
Desktop Trading Platform HDFC Sky 5paisaTradeStation OMNESYS NEST
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) No Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://hdfcsky.com/

https://www.5paisa.com/online-trading

https://trade.finvasia.com/

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App HDFC Sky App 5paisa Mobile App SCALPERT
Mobile Trading App Demo HDFC Sky App Demo 5paisa Mobile App Demo SCALPERT Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod HDFC Sky App Download Andriod 5paisa Mobile App Download Andriod Download
iPhone Mobile App (IOS) No Yes No
iOS App Download iOS HDFC Sky App Download iOS 5paisa Mobile App Download iOS SCALPERT Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes No
Trading Software Charges Free Free Basic platforms are free, advance platforms are chargeable.
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for Finvasia
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Finvasia
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Finvasia
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for 5paisa Detail on Trading Platforms for finvasia

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Broker Ratings by Users

Compare HDFC Sky vs 5paisa vs Finvasia on User Rating

  HDFC Sky 5paisa Finvasia
  97 Customer Reviews    Rate HDFC Sky 27 Customer Reviews    Rate 5paisa 17 Customer Reviews    Rate Finvasia
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
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 Finvasia is Rated 4.2 / 5 based on 17 customer reviews
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Investment Offerings

Compare HDFC Sky vs 5paisa vs Finvasia on Investment Offerings

Compare HDFC Sky vs 5paisa vs Finvasia 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare HDFC Sky vs 5paisa vs Finvasia
Investment Offerings Compare HDFC Sky 5paisa Finvasia
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes No Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking Yes No No
Insurance No Yes No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes No No
PMS Service No No No
Other Investment Options NIL NIL
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Order Types

Compare HDFC Sky vs 5paisa vs Finvasia on Order Types

Order Type - Compare HDFC Sky vs 5paisa vs Finvasia on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. 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) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After Market Orders (AMO) - 5paisa and Finvasia AMO facility where HDFC Sky doesn't provides AMO. GTC Orders - HDFC Sky offers Good Till Cancelled (GTC) orders facility where 5paisa and Finvasia doesn't provides GTC.

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

Compare HDFC Sky vs 5paisa vs Finvasia on Customer Service

Compare HDFC Sky vs 5paisa vs Finvasia on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare HDFC Sky vs 5paisa vs Finvasia
Customer Service Compare HDFC Sky 5paisa Finvasia
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No Yes
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches Yes No No
Customer Care Number 1800 121 2109 +91 89766 89766 Support: +91 9779 097 777/Sales: +91 9098 001 001
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]/[email protected]
Knowledge Center/Education https://hdfcsky.com/learn https://www.5paisa.com/knowledge-centre https://finvasia.com/announcements
Head Office 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
Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Website https://hdfcsky.com/ https://www.5paisa.com/ https://www.finvasia.com/
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Tips/Research/Reports Published

Compare HDFC Sky vs 5paisa vs Finvasia on Research Reports, Tips

Compare HDFC Sky vs 5paisa vs Finvasia on research reports and tips provided by broker.

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

Compare HDFC Sky vs 5paisa vs Finvasia on Demat Account

Compare HDFC Sky vs 5paisa vs Finvasia on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare HDFC Sky vs 5paisa vs Finvasia
  HDFC Sky 5paisa Finvasia
DP Source CDSL CDSL CDSL
DP ID CDSL: 1209 82500 84300
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹300 pa Free
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- NIL Rs 0
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges ₹12.50 per ISIN ₹9 + ₹5.50 (CDSL Charges) for every transaction
Demat ₹5 per certificate + ₹35 request charges ₹15 per certificate ₹15 per certificate
Remat ₹30 ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹15 for every hundred securities + CDSL Charges
Pledge Creation Nil ₹12.50 per script ₹25 per transaction
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) NIL NIL
Pledge Closure Nil ₹12.50 per script ₹25 per transaction
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) NIL NIL
Pledge Invocation 0.04% of transaction value (Min ₹40) NIL ₹19 per transaction
Failed Instruction Charges Nil Nil ₹49
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs 5paisa vs Finvasia on Special Offers and Promotion

Compare HDFC Sky vs 5paisa vs Finvasia on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare HDFC Sky vs 5paisa vs Finvasia on Special Offers and Promotion
  HDFC Sky 5paisa Finvasia
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
Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
Payout Time Instant to HDFC Bank. Max 24 hrs except bank holidays Up to 24 hrs except for 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. Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia 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
FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
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...

  • Free account opening facility
  • Cutting-edge trading platforms and products
  • Free or Rs. 0 commission investment in mutual funds and US Stocks.
  • cheapest brokerage plans – Super Saver Packs
  • Zero brokerage on equity delivery in super saving pack 
  • No brokerage for young generation age from 18 years to 23 years
  • It Offers free trading course FinSchool for beginners 
  • Advanced trading platform of 5Paisa Algo trading app 
  • 5Paisa API helps traders to get real time markets analysis from various resources. 
  • Tips and calls on researched based stocks
  • Wide range of trading and investment products – IPO, MFs, Currency, Stocks, etc
  • Solve customer grievances instantly via call or e-mail.
  • Secure and safe mobile application to protect its client’s data.

Detail Review...

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

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...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
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Last Updated on 2023-11-09T03:39:28+00:00