FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
The brokerage of HDFC Sky ranges between Rs 20, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Groww ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for HDFC Sky is 4, Finvasia is rated 4, Groww is rated 4 out of 5.
Here we present side-by-side comparison of HDFC Sky vs Finvasia 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 Finvasia 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 Finvasia vs Groww in this setion with 360 degree view of broker information.
In this section we have compared HDFC Sky vs Finvasia vs Groww 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, Finvasia charges Free AMC for Demat account, where Groww charges Free AMC for Demat account.
Charges | HDFC Sky | Finvasia | Groww |
---|---|---|---|
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) | Free | Free |
Provide DP Service | ![]() |
![]() |
![]() |
Plans are the most important feature you look when compare HDFC Sky vs Finvasia 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 | Finvasia | Groww |
---|---|---|---|
Multiple Plans | ![]() |
![]() |
![]() |
Monthly Plans | ![]() |
![]() |
![]() |
Yearly Plans | ![]() |
![]() |
![]() |
Zerodha | Zerodha | 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.
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
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 | Finvasia | Groww |
---|---|---|---|
Plan Name | Fixed pricing model | Zero Brokerage Trading Plan | Flat Brokerage Plan |
Equity Delivery | 0.1% or Rs 20 whichever is lower | Rs 0 | 0.05% or Rs 20 whichever is lower |
Equity Intraday | 0.1% or Rs 20 whichever is lower | Rs 0 | 0.05% or Rs 20 whichever is lower |
Equity Futures | 0.1% or Rs 20 whichever is lower | Rs 0 | Flat Fee Rs 20 |
Equity Options | Flat Fee Rs 20 | Rs 0 | Flat Fee Rs 20 |
Currency Futures | 0.1% or Rs 20 whichever is lower | Rs 0 | Not Available |
Currency Options | Flat Fee Rs 20 | Rs 0 | Not Available |
Commodity Trading | Flat Fee Rs 20 | Rs 0 | Not Available |
Minimum Brokerage | NA | ||
Hidden Charges | No | No | |
Funding | Yes - 12% interest PA | Yes, 24% interest PA | NA |
Call & Trade Charges | Rs 20 per call | Free | Rs 50 Per Executable Order |
Auto Square off Charges | 0.1% or Rs 20 whichever is lower | Free | Rs 50 Per Executable Order |
Brokerage Calculator | Brokerage Calculator for HDFC Sky | Brokerage Calculator for Finvasia | Brokerage Calculator for Groww |
Compare HDFC Sky vs Finvasia vs Groww on transaction charges and PCM fee by segment.
Transaction Charges Compare | HDFC Sky | Finvasia | Groww |
---|---|---|---|
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 finvasia | Complete Brokerage Plans for groww |
Compare HDFC Sky vs Finvasia 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 Finvasia and Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding - HDFC Sky and Groww offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - HDFC Sky and Finvasia offers NRI Trading where Groww doesn't offers NRI Trading.
Account Features Compare | HDFC Sky | Finvasia | Groww |
---|---|---|---|
3 in 1 Account | ![]() |
![]() |
![]() |
Charting | ![]() |
![]() |
![]() |
Algo Trading | ![]() |
![]() |
![]() |
SMS Alerts | ![]() |
![]() |
![]() |
Online Demo | ![]() |
![]() |
![]() |
Online Portfolio | ![]() |
![]() |
![]() |
Margin Trading Funding Available | ![]() |
![]() |
![]() |
Combined Ledger for Equity and Commodity | ![]() |
![]() |
![]() |
Intraday Square-off Time | 3:15PM | 3:15 PM | 3:10 PM |
NRI Trading | ![]() |
![]() |
![]() |
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 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.
Trading Platform Compare | HDFC Sky | Finvasia | Groww |
---|---|---|---|
Desktop Trading Platform | HDFC Sky | OMNESYS NEST | Groww App |
Desktop Demo | Desktop Demo | Info Not Available | Info Not Available |
Desktop Platform (Windows) | ![]() |
![]() |
![]() |
Desktop Platform (Mac) | ![]() |
![]() |
![]() |
Web Trading Platform | ![]() |
![]() |
![]() |
Web Trading Detail |
https://hdfcsky.com/ |
https://trade.finvasia.com/ |
Yes |
Web Trading Demo | Web Trading Demo | Info Not Available | Info Not Available |
Mobile Site | ![]() |
![]() |
![]() |
Mobile Trading | ![]() |
![]() |
![]() |
Mobile Trading App | HDFC Sky App | SCALPERT | Groww App |
Mobile Trading App Demo | HDFC Sky App Demo | SCALPERT Demo | Info Not Available |
Android Mobile App | ![]() |
![]() |
![]() |
Android App Download | Andriod HDFC Sky App Download | Andriod SCALPERT Download | Andriod Download |
iPhone Mobile App (IOS) | ![]() |
![]() |
![]() |
iOS App Download | iOS HDFC Sky App Download | Info Not Available | iOS Groww App Download |
Android Tablet App | ![]() |
![]() |
![]() |
iPad App (IOS) | ![]() |
![]() |
![]() |
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 Groww |
Futures Brokerage Calculator | Futures Brokerage Calculator for HDFC Sky | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for Groww |
Options Brokerage Calculator | Options Brokerage Calculator for HDFC Sky | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for Groww |
Detail | Detail on Trading Platforms for hdfc-sky | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for groww |
Compare HDFC Sky vs Finvasia 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 Finvasia offers Commodity Trading where Groww doesn't 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 | Finvasia | Groww |
---|---|---|---|
Equity Cash and F&O | ![]() |
![]() |
![]() |
Currency Deravitives | ![]() |
![]() |
![]() |
Commodity | ![]() |
![]() |
![]() |
Online IPO Application | ![]() |
![]() |
![]() |
Mutual Funds | ![]() |
![]() |
![]() |
Bond / NCD | ![]() |
![]() |
![]() |
ETF | ![]() |
![]() |
![]() |
Banking | ![]() |
![]() |
![]() |
Insurance | ![]() |
![]() |
![]() |
Forex | ![]() |
![]() |
![]() |
MF SIP Investment | ![]() |
![]() |
![]() |
Equity SIP Investment | ![]() |
![]() |
![]() |
PMS Service | ![]() |
![]() |
![]() |
Other Investment Options | NIL | NIL |
Order Type - Compare HDFC Sky vs Finvasia 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 and Finvasia provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - HDFC Sky and Finvasia provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Finvasia AMO facility where HDFC Sky and Groww doesn't provides AMO. GTC Orders - HDFC Sky offers Good Till Cancelled (GTC) orders facility where Finvasia and Groww doesn't provides GTC.
Order Type Compare | HDFC Sky | Finvasia | Groww |
---|---|---|---|
CNC order | ![]() |
![]() |
![]() |
MIS order | ![]() |
![]() |
![]() |
NRML order | ![]() |
![]() |
![]() |
Cover order | ![]() |
![]() |
![]() |
Bracket order | ![]() |
![]() |
![]() |
AMO-After Market Orders | ![]() |
![]() |
![]() |
GTC-Good Till Cancelled | ![]() |
![]() |
![]() |
Compare HDFC Sky vs Finvasia 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 | Finvasia | Groww |
---|---|---|---|
24/7 Customer Service | ![]() |
![]() |
![]() |
Email Support | ![]() |
![]() |
![]() |
Onine Live Chat | ![]() |
![]() |
![]() |
Phone Support | ![]() |
![]() |
![]() |
Toll Free Number | ![]() |
![]() |
![]() |
Through Branches | ![]() |
![]() |
![]() |
Customer Care Number | 1800 121 2109 | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 9108800604 |
Account Opening Process | Online | Online/Paperless | Online |
Customer Support Email | [email protected] | [email protected]/[email protected] | [email protected] |
Knowledge Center/Education | https://hdfcsky.com/learn | https://finvasia.com/announcements | https://groww.in/academy |
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 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
Website | https://hdfcsky.com/ | https://www.finvasia.com/ | https://groww.in/ |
Compare HDFC Sky vs Finvasia vs Groww on research reports and tips provided by broker.
HDFC Sky | Finvasia | Groww | |
---|---|---|---|
Research Mutual Funds | ![]() |
![]() |
![]() |
Research Equity Reports | ![]() |
![]() |
![]() |
Research ETF | ![]() |
![]() |
![]() |
Daily Market Report | ![]() |
![]() |
![]() |
Free Tips | ![]() |
![]() |
![]() |
Quarterly Result Analysis | ![]() |
![]() |
![]() |
News Alerts | ![]() |
![]() |
![]() |
Compare HDFC Sky vs Finvasia vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details
HDFC Sky | Finvasia | Groww | |
---|---|---|---|
DP Source | CDSL | CDSL | CDSL |
DP ID | CDSL: 1209 | 84300 | No |
Demat Account Annual Maintenance Charges(AMC) | ₹750 pa | Free | Zero |
Advance Deposit | Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- | Rs 0 | Nil |
Statutory charges | Nil | Nil | Legal Charges |
Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹20) + CDSL charges | ₹9 + ₹5.50 (CDSL Charges) for every transaction | ₹8 + ₹5.50 CDSL charges |
Demat | ₹5 per certificate + ₹35 request charges | ₹15 per certificate | ₹150 per certificate + courier charges |
Remat | ₹30 | ₹15 for every hundred securities + CDSL Charges | ₹150 per certificate + courier charges |
Pledge Creation | Nil | ₹25 per transaction | ₹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 | ₹25 per transaction | ₹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) | ₹19 per transaction | ₹20 + Rs. 12 per request (CDSL Charges) |
Failed Instruction Charges | Nil | ₹49 | ₹50 |
Other Charges | Nil | Nil | Nil |
Compare HDFC Sky vs Finvasia vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
HDFC Sky | Finvasia | Groww | |
---|---|---|---|
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 Goww 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 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 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. |
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 |
NA |
Likes |
Want to know why to trade with HDFC Sky, here are the promising reasons;
|
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;
|
|
Dislikes |
|
Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
|
|
Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | ||
Enquire for HDFC Sky | Enquire for Finvasia | Enquire for Groww |
Last Updated on 2023-11-09T03:39:28+00:00