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The brokerage of HDFC Sky ranges between Rs 20, the brokerage of Espresso Sharekhan ranges between Rs 20, while the brokerage of Groww ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for HDFC Sky is 4, Espresso Sharekhan is rated 4, Groww is rated 4 out of 5.
Here we present side-by-side comparison of HDFC Sky vs Espresso Sharekhan vs Groww 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 Espresso Sharekhan vs Groww 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 Espresso Sharekhan vs Groww in this setion with 360 degree view of broker information.
 HDFC Sky |
 Espresso Sharekhan |
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX | BSE, NSE, MCX | NSE, BSE |
| 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...  |
Espresso, a part of Sharekhan offers the lowest brokerage online trading services at Rs. 20 flat brokerages on profitable intraday trades, and no brokerage on delivery and loss-making trades on the Beta-tested app and desktop trading platforms. | Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... |
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In this section we have compared HDFC Sky vs Espresso Sharekhan vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Sky and Groww offer Free account opening where Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opeing. Demat AMC charges - HDFC Sky charges Rs 240 PA (Free for 1st year) as AMC for Demat account, Espresso Sharekhan charges Rs. 400 PA AMC for Demat account, where Groww charges Free AMC for Demat account.
| Charges | HDFC Sky | Espresso Sharekhan | Groww |
|---|---|---|---|
| Trading Account Opening Fees | Free | Rs. 354 (Free for limited time) | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 240 PA (Free for 1st year) | Rs. 400 PA | Free |
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Plans are the most important feature you look when compare HDFC Sky vs Espresso Sharekhan vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | HDFC Sky | Espresso Sharekhan | Groww |
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| Zerodha | Espresso Sharekhan | Zerodha | |
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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.
Espresso Sharekhan Brokerage Plan detail - Pay only when you profit is a flat brokerage plan that offers free delivery trading and charges Max Rs. 20 per order brokerage on equity intraday, F&O, commodity, and currency only in case of profit. There will be NIL brokerage fee in case of loss.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
| Brokerage Charges Compare | HDFC Sky | Espresso Sharekhan | Groww |
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| Plan Name | Fixed pricing model | Pay Only When You Profit | Flat Brokerage Plan |
| Equity Delivery | 0.1% or Rs 20 whichever is lower | Free | 0.05% or Rs 20 whichever is lower |
| Equity Intraday | 0.1% or Rs 20 whichever is lower | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower |
| Equity Futures | 0.1% or Rs 20 whichever is lower | 0.03% or Rs 20 whichever is lower | Flat Fee Rs 20 |
| Equity Options | Flat Fee Rs 20 | 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 | Not Available |
| Currency Options | Flat Fee Rs 20 | Flat Fee Rs 20 | Not Available |
| Commodity Trading | Flat Fee Rs 20 | 0.03% or Rs 20 whichever is lower | Not Available |
| Minimum Brokerage | NIL | ||
| Hidden Charges | No | No | |
| Funding | Yes - 12% interest PA | Info Not Available | NA |
| Call & Trade Charges | Rs 20 per call | Rs. 50 + GST per order placed through dealing desk | Rs 50 Per Executable Order |
| Auto Square off Charges | 0.1% or Rs 20 whichever is lower | Rs. 50 + GST per order placed through dealing desk | Rs 50 Per Executable Order |
| Brokerage Calculator | Brokerage Calculator for HDFC Sky | Brokerage Calculator for Espresso Sharekhan | Brokerage Calculator for Groww |
Compare HDFC Sky vs Espresso Sharekhan vs Groww on transaction charges and PCM fee by segment.
| Transaction Charges Compare | HDFC Sky | Espresso Sharekhan | Groww |
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| 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 | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | NA |
| Brokerage Charges | Complete Brokerage Plans for hdfc-sky | Complete Brokerage Plans for espresso-sharekhan | Complete Brokerage Plans for groww |
Compare HDFC Sky vs Espresso Sharekhan vs Groww 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 Espresso Sharekhan and Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - HDFC Sky offers NRI Trading where Espresso Sharekhan and Groww doesn't offers NRI Trading.
| Account Features Compare | HDFC Sky | Espresso Sharekhan | Groww |
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| 3 in 1 Account | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15 PM | 3:10 PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky vs Espresso Sharekhan vs Groww. 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.
| HDFC Sky | Espresso Sharekhan | Groww | ||
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97 Customer Reviews
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1 Customer Reviews
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8 Customer Reviews
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| Broker Rating | HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews | Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews | Groww is Rated 4.3 / 5 based on 8 customer reviews |
Compare HDFC Sky vs Espresso Sharekhan vs Groww 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 - HDFC Sky and Espresso Sharekhan offers Commodity Trading where Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - HDFC Sky and Groww offers online mutual fund investment where Espresso Sharekhan doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.
| Investment Offerings Compare | HDFC Sky | Espresso Sharekhan | Groww |
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| Other Investment Options | SGB, Buyback, IPO | NIL |
Order Type - Compare HDFC Sky vs Espresso Sharekhan vs Groww 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) - HDFC Sky provides Cover Orders (CO) facility where Espresso Sharekhan and Groww doesn't provides Cover Orders. Bracket Orders (BO) - HDFC Sky and Espresso Sharekhan provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Espresso Sharekhan AMO facility where HDFC Sky and Groww doesn't provides AMO. GTC Orders - HDFC Sky and Espresso Sharekhan offers Good Till Cancelled (GTC) orders facility where Groww doesn't provides GTC.
| Order Type Compare | HDFC Sky | Espresso Sharekhan | Groww |
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Compare HDFC Sky vs Espresso Sharekhan vs Groww 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 Service Compare | HDFC Sky | Espresso Sharekhan | Groww |
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| Customer Care Number | 1800 121 2109 | 022 6767 0700 | 9108800604 |
| Account Opening Process | Online | 100% online/paperless | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://hdfcsky.com/learn | https://www.myespresso.com/the-espresso-blog | https://groww.in/academy |
| Head Office Address | LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA, 8 FLR, NEAR KANJURMARG RLYSTN, KANJURMARG, MUMBAI-MH-400042 |
Sharekhan Comtrade Private Limited Lodha iThink Techno Campus, 10th Floor, Beta Building, Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai - 400 042, Maharashtra. | Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website | https://hdfcsky.com/ | https://www.myespresso.com/ | https://groww.in/ |
Compare HDFC Sky vs Espresso Sharekhan vs Groww on research reports and tips provided by broker.
| HDFC Sky | Espresso Sharekhan | Groww | |
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Compare HDFC Sky vs Espresso Sharekhan vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details
| HDFC Sky | Espresso Sharekhan | Groww | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | CDSL: 1209 | CDSL-DP-45 | No |
| Demat Account Annual Maintenance Charges(AMC) | ₹750 pa | ₹400 pa | Zero |
| Advance Deposit | Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- | Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) | Nil |
| Statutory charges | Nil | Actual Stamp Paper Charges | Legal Charges |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹20) + CDSL charges | 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) | ₹8 + ₹5.50 CDSL charges |
| Demat | ₹5 per certificate + ₹35 request charges | ₹5 per certificate (Min 50 per request) | ₹150 per certificate + courier charges |
| Remat | ₹30 | ₹50 per certificate or ₹50 for every hundred securities | ₹150 per certificate + courier charges |
| Pledge Creation | Nil | 0.03% (Min ₹100) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation | 0.04% of transaction value (Min ₹40) | NIL | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure | Nil | NIL | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure Confirmation | 0.04% of transaction value (Min ₹40) | NIL | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Invocation | 0.04% of transaction value (Min ₹40) | NIL | ₹20 + Rs. 12 per request (CDSL Charges) |
| Failed Instruction Charges | Nil | Nil | ₹50 |
| Other Charges | Nil | Freeze/De-freeze - ₹25 per transaction Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100) Client Master changes ₹30 per request |
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Compare HDFC Sky vs Espresso Sharekhan vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| HDFC Sky | Espresso Sharekhan | Groww | |
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| 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 Expresso Pay-out/Fund Withdrawal - Bank Transfer only |
pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time | Instant to HDFC Bank. | Max 24 hrs except for bank holidays | Max 24 hrs except bank holidays |
| Bank Supported and Charges | Info Not Available | Around 31 banks allow instant credit facility with charges of Rs 9 + GST | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. |
| Bank Detail | Direct from your HDFC bank account. | NA | |
| Likes |
Want to know why to trade with HDFC Sky, here are the promising reasons;
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| Enquire for HDFC Sky | Enquire for Espresso Sharekhan | Enquire for Groww |
Last Updated on 2023-11-09T03:39:28+00:00
