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The brokerage of HDFC Sky ranges between Rs 20, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Espresso Sharekhan ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for HDFC Sky is 4, Finvasia is rated 4, Espresso Sharekhan is rated 4 out of 5.
Here we present side-by-side comparison of HDFC Sky vs Finvasia vs Espresso Sharekhan 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 Finvasia vs Espresso Sharekhan 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 Finvasia vs Espresso Sharekhan in this setion with 360 degree view of broker information.
 HDFC Sky |
 Finvasia |
 Espresso Sharekhan |
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| Overall Rating | |||
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| Trading Platform | |||
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| Customer Service | |||
| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX | BSE, NSE, MCX, NCDEX | BSE, NSE, 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...  |
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... |
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. |
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In this section we have compared HDFC Sky vs Finvasia vs Espresso Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Sky and Finvasia 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, Finvasia charges Free AMC for Demat account, where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.
| Charges | HDFC Sky | Finvasia | Espresso Sharekhan |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Rs. 354 (Free for limited time) |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 240 PA (Free for 1st year) | Free | Rs. 400 PA |
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Plans are the most important feature you look when compare HDFC Sky vs Finvasia vs Espresso Sharekhan. 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 | Finvasia | Espresso Sharekhan |
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| Multiple Plans |  |
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| Zerodha | Zerodha | Espresso Sharekhan | |
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| 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.
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
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.
| Brokerage Charges Compare | HDFC Sky | Finvasia | Espresso Sharekhan |
|---|---|---|---|
| Plan Name | Fixed pricing model | Zero Brokerage Trading Plan | Pay Only When You Profit |
| Equity Delivery | 0.1% or Rs 20 whichever is lower | Rs 0 | Free |
| Equity Intraday | 0.1% or Rs 20 whichever is lower | Rs 0 | 0.03% or Rs 20 whichever is lower |
| Equity Futures | 0.1% or Rs 20 whichever is lower | Rs 0 | 0.03% or Rs 20 whichever is lower |
| Equity Options | Flat Fee Rs 20 | Rs 0 | Flat Fee Rs 20 |
| Currency Futures | 0.1% or Rs 20 whichever is lower | Rs 0 | 0.03% or Rs 20 whichever is lower |
| Currency Options | Flat Fee Rs 20 | Rs 0 | Flat Fee Rs 20 |
| Commodity Trading | Flat Fee Rs 20 | Rs 0 | 0.03% or Rs 20 whichever is lower |
| Minimum Brokerage | NA | NIL | |
| Hidden Charges | No | No | |
| Funding | Yes - 12% interest PA | Yes, 24% interest PA | NA |
| Call & Trade Charges | Rs 20 per call | Free | Rs. 50 + GST per order placed through dealing desk |
| Auto Square off Charges | 0.1% or Rs 20 whichever is lower | Free | Rs. 50 + GST per order placed through dealing desk |
| Brokerage Calculator | Brokerage Calculator for HDFC Sky | Brokerage Calculator for Finvasia | Brokerage Calculator for Espresso Sharekhan |
Compare HDFC Sky vs Finvasia vs Espresso Sharekhan on transaction charges and PCM fee by segment.
| Transaction Charges Compare | HDFC Sky | Finvasia | Espresso Sharekhan |
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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 | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for hdfc-sky | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for espresso-sharekhan |
Compare HDFC Sky vs Finvasia vs Espresso Sharekhan 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 Finvasia and Espresso Sharekhan offers only 2-in-1 account which includes trading and demat account. Margin Funding - HDFC Sky and Espresso Sharekhan offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - HDFC Sky and Finvasia offers NRI Trading where Espresso Sharekhan doesn't offers NRI Trading.
| Account Features Compare | HDFC Sky | Finvasia | Espresso Sharekhan |
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| 3 in 1 Account | |
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| Charting | |
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| Algo Trading | |
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| SMS Alerts | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15 PM | 3:15 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 Finvasia vs Espresso Sharekhan. 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 | Finvasia | Espresso Sharekhan |
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| Desktop Trading Platform | HDFC Sky | OMNESYS NEST | Espresso |
| Desktop Demo | Desktop Demo | Info Not Available | Desktop Demo |
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| Web Trading Platform | |
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| Web Trading Detail |
https://hdfcsky.com/ |
https://trade.finvasia.com/ |
https://trade.myespresso.com/trading/login |
| Web Trading Demo | Web Trading Demo | Info Not Available | Web Trading Demo |
| Mobile Site | |
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| Mobile Trading App | HDFC Sky App | SCALPERT | Espresso Mobile App |
| Mobile Trading App Demo | HDFC Sky App Demo | SCALPERT Demo | Espresso Mobile App Demo |
| Android Mobile App | |
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| Android App Download | Andriod HDFC Sky App Download | Andriod SCALPERT Download | Andriod Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | iOS HDFC Sky App Download | Info Not Available | iOS Espresso Mobile App Download |
| Android Tablet App | |
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| iPad App (IOS) | |
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| Trading Software Charges | Free | Basic platforms are free, advance platforms are chargeable. | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for HDFC Sky | Equity Intraday and Delivery Brokerage Calculator for Finvasia | Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan |
| Futures Brokerage Calculator | Futures Brokerage Calculator for HDFC Sky | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for Espresso Sharekhan |
| Options Brokerage Calculator | Options Brokerage Calculator for HDFC Sky | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for Espresso Sharekhan |
| Detail | Detail on Trading Platforms for hdfc-sky | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for espresso-sharekhan |
| HDFC Sky | Finvasia | Espresso Sharekhan | ||
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97 Customer Reviews
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17 Customer Reviews
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1 Customer Reviews
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| 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 | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews |
Compare HDFC Sky vs Finvasia vs Espresso Sharekhan 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 - HDFC Sky and Finvasia 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 | Finvasia | Espresso Sharekhan |
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| Equity Cash and F&O | |
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| Online IPO Application | |
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| Other Investment Options | NIL | SGB, Buyback, IPO |
Order Type - Compare HDFC Sky vs Finvasia vs Espresso Sharekhan 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 and Finvasia provides Cover Orders (CO) facility where Espresso Sharekhan doesn't provides Cover Orders. 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) - Finvasia and Espresso Sharekhan AMO facility where HDFC Sky doesn't provides AMO. GTC Orders - HDFC Sky and Espresso Sharekhan offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.
| Order Type Compare | HDFC Sky | Finvasia | Espresso Sharekhan |
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| CNC order | |
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Compare HDFC Sky vs Finvasia vs Espresso Sharekhan 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 | Finvasia | Espresso Sharekhan |
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| 24/7 Customer Service | |
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| Customer Care Number | 1800 121 2109 | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 022 6767 0700 |
| Account Opening Process | Online | Online/Paperless | 100% online/paperless |
| Customer Support Email | [email protected] | [email protected]/[email protected] | [email protected] |
| Knowledge Center/Education | https://hdfcsky.com/learn | https://finvasia.com/announcements | https://www.myespresso.com/the-espresso-blog |
| Head Office Address | LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA, 8 FLR, NEAR KANJURMARG RLYSTN, KANJURMARG, MUMBAI-MH-400042 |
Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
Sharekhan Comtrade Private Limited Lodha iThink Techno Campus, 10th Floor, Beta Building, Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai - 400 042, Maharashtra. |
| Website | https://hdfcsky.com/ | https://www.finvasia.com/ | https://www.myespresso.com/ |
Compare HDFC Sky vs Finvasia vs Espresso Sharekhan on research reports and tips provided by broker.
| HDFC Sky | Finvasia | Espresso Sharekhan | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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| Daily Market Report | |
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Compare HDFC Sky vs Finvasia vs Espresso Sharekhan on Demat Service and Charges. This section cover about demat charges, demat service and other details
| HDFC Sky | Finvasia | Espresso Sharekhan | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | CDSL: 1209 | 84300 | CDSL-DP-45 |
| Demat Account Annual Maintenance Charges(AMC) | ₹750 pa | Free | ₹400 pa |
| Advance Deposit | Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- | Rs 0 | Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) |
| Statutory charges | Nil | Nil | Actual Stamp Paper Charges |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹20) + CDSL charges | ₹9 + ₹5.50 (CDSL Charges) for every transaction | 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) |
| Demat | ₹5 per certificate + ₹35 request charges | ₹15 per certificate | ₹5 per certificate (Min 50 per request) |
| Remat | ₹30 | ₹15 for every hundred securities + CDSL Charges | ₹50 per certificate or ₹50 for every hundred securities |
| Pledge Creation | Nil | ₹25 per transaction | 0.03% (Min ₹100) |
| Pledge Creation Confirmation | 0.04% of transaction value (Min ₹40) | NIL | NIL |
| Pledge Closure | Nil | ₹25 per transaction | NIL |
| Pledge Closure Confirmation | 0.04% of transaction value (Min ₹40) | NIL | NIL |
| Pledge Invocation | 0.04% of transaction value (Min ₹40) | ₹19 per transaction | NIL |
| Failed Instruction Charges | Nil | ₹49 | Nil |
| Other Charges | Nil | 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 |
Compare HDFC Sky vs Finvasia vs Espresso Sharekhan on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| HDFC Sky | Finvasia | Espresso Sharekhan | |
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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 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. |
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Expresso Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time | Instant to HDFC Bank. | Up to 24 hrs except for bank holidays. | Max 24 hrs except for bank holidays |
| Bank Supported and Charges | Info Not Available | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. | Around 31 banks allow instant credit facility with charges of Rs 9 + GST |
| Bank Detail | Direct from your HDFC bank account. | 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 |
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Want to know why to trade with HDFC Sky, here are the promising reasons;
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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;
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Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | ||
| Enquire for HDFC Sky | Enquire for Finvasia | Enquire for Espresso Sharekhan |
Last Updated on 2023-11-09T03:39:28+00:00
