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HDFC Sky Vs 5paisa Vs Zerodha: 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 Zerodha ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for HDFC Sky is 4, 5paisa is rated 4, Zerodha is rated 4.5 out of 5.

Here we present side-by-side comparison of HDFC Sky vs 5paisa vs Zerodha 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 Zerodha 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 Zerodha in this setion with 360 degree view of broker information.

Compare HDFC Sky vs 5paisa vs Zerodha on Service

  HDFC Sky Compare
HDFC Sky
5paisa Compare
5paisa
Zerodha Compare
Zerodha
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 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... 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 Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform.
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 Zerodha on Trading & Demat Account Opening Charges

In this section we have compared HDFC Sky vs 5paisa vs Zerodha 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 Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky vs 5paisa vs Zerodha
Charges HDFC Sky 5paisa Zerodha
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 Rs 300 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare HDFC Sky vs 5paisa vs Zerodha on Plan Options

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

Compare HDFC Sky vs 5paisa vs Zerodha on Plan Options
Plan Types HDFC Sky 5paisa Zerodha
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 Zerodhaon 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.

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 vs 5paisa vs Zerodha
Brokerage Charges Compare HDFC Sky 5paisa Zerodha
Plan Name Fixed pricing model Basic Plan Max Rs 20 per order Trading Plan
Equity Delivery 0.1% or Rs 20 whichever is lower Flat Fee Rs 20 Free
Equity Intraday 0.1% or Rs 20 whichever is lower Flat Fee Rs 20 0.03% or Rs 20 whichever is lower
Equity Futures 0.1% or Rs 20 whichever is lower Flat Fee Rs 20 0.03% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.1% or Rs 20 whichever is lower Flat Fee Rs 20 0.03% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Minimum Brokerage NA NIL
Hidden Charges No No
Funding Yes - 12% interest PA Yes - 18% interest PA NA
Call & Trade Charges Rs 20 per call Rs 100 per call(No limit of orders) Rs 50 Per Executable Order
Auto Square off Charges 0.1% or Rs 20 whichever is lower Rs 100 per call(No limit of orders) Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for 5paisa Brokerage Calculator for Zerodha
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Share Broker's Transaction Charges

Compare HDFC Sky vs 5paisa vs Zerodha on Transaction Charges

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

Transaction Charges - Compare HDFC Sky vs 5paisa vs Zerodha
Transaction Charges Compare HDFC Sky 5paisa Zerodha
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 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for 5paisa Complete Brokerage Plans for zerodha
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Account Features

Compare HDFC Sky vs 5paisa vs Zerodha on Account Features

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

Account Features - HDFC Sky vs 5paisa vs Zerodha
Account Features Compare HDFC Sky 5paisa Zerodha
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 Zerodha 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 3:20 PM
NRI Trading Yes No Yes
Other Features NIL NIL NIL
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Trading Platform

Compare HDFC Sky vs 5paisa vs Zerodhaon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky vs 5paisa vs Zerodha. 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 Zerodha
Trading Platform Compare HDFC Sky 5paisa Zerodha
Desktop Trading Platform HDFC Sky 5paisaTradeStation NA
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) No Yes No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://hdfcsky.com/

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

Zerodha Kite Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App HDFC Sky App 5paisa Mobile App Zerodha Kite App
Mobile Trading App Demo HDFC Sky App Demo 5paisa Mobile App Demo Zerodha Kite App 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 Yes
iOS App Download iOS HDFC Sky App Download iOS 5paisa Mobile App Download iOS Zerodha Kite App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
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 Zerodha
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Zerodha
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Zerodha
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for 5paisa Detail on Trading Platforms for zerodha

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Broker Ratings by Users

Compare HDFC Sky vs 5paisa vs Zerodha on User Rating

  HDFC Sky 5paisa Zerodha
  97 Customer Reviews    Rate HDFC Sky 27 Customer Reviews    Rate 5paisa 160 Customer Reviews    Rate Zerodha
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 Zerodha is Rated 3.9 / 5 based on 160 customer reviews
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Investment Offerings

Compare HDFC Sky vs 5paisa vs Zerodha on Investment Offerings

Compare HDFC Sky vs 5paisa vs 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 - 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 Zerodha
Investment Offerings Compare HDFC Sky 5paisa Zerodha
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 Yes
PMS Service No No No
Other Investment Options NIL NIL
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Order Types

Compare HDFC Sky vs 5paisa vs Zerodha on Order Types

Order Type - Compare HDFC Sky vs 5paisa vs Zerodha 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) - HDFC Sky and 5paisa provides Bracket Orders (BO) facility where Zerodha doesn't provides Bracket Orders. After Market Orders (AMO) - 5paisa and Zerodha AMO facility where HDFC Sky doesn't provides AMO. GTC Orders - HDFC Sky and Zerodha offers Good Till Cancelled (GTC) orders facility where 5paisa doesn't provides GTC.

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

Compare HDFC Sky vs 5paisa vs Zerodha on Customer Service

Compare HDFC Sky vs 5paisa vs Zerodha 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 Zerodha
Customer Service Compare HDFC Sky 5paisa Zerodha
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No No
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches Yes No Yes
Customer Care Number 1800 121 2109 +91 89766 89766 "+ 91 80 4040 2020"
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://hdfcsky.com/learn https://www.5paisa.com/knowledge-centre https://zerodha.com/varsity/
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
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Website https://hdfcsky.com/ https://www.5paisa.com/ https://zerodha.com/
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Tips/Research/Reports Published

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

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

Research Reports - Compare HDFC Sky vs 5paisa vs Zerodha
  HDFC Sky 5paisa Zerodha
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 Zerodha on Demat Account

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

Demat Charges - Compare HDFC Sky vs 5paisa vs Zerodha
  HDFC Sky 5paisa Zerodha
DP Source CDSL CDSL CDSL
DP ID CDSL: 1209 82500 81600
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹300 pa ₹300 pa
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- NIL Nil
Statutory charges Nil Nil ₹50
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges ₹12.50 per ISIN ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat ₹5 per certificate + ₹35 request charges ₹15 per certificate ₹150 per certificate + ₹100 courier charges
Remat ₹30 ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation Nil ₹12.50 per script ₹20 + ₹12 CSDL charges
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) NIL Nil
Pledge Closure Nil ₹12.50 per script ₹20 + ₹12 CSDL charges
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) NIL Nil
Pledge Invocation 0.04% of transaction value (Min ₹40) NIL ₹20
Failed Instruction Charges Nil Nil ₹50 per instraction
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

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

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

Compare HDFC Sky vs 5paisa vs Zerodha on Special Offers and Promotion
  HDFC Sky 5paisa Zerodha
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/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 bank holidays Max 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 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. 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
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...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

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...

  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

Detail Review...

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