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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 ProStocks ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for HDFC Sky is 4, Finvasia is rated 4, ProStocks is rated 4 out of 5.
Here we present side-by-side comparison of HDFC Sky vs Finvasia vs ProStocks 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 ProStocks 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 ProStocks in this setion with 360 degree view of broker information.
 HDFC Sky |
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX | BSE, NSE, MCX, NCDEX | 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...  |
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... |
Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an... |
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In this section we have compared HDFC Sky vs Finvasia vs ProStocks 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 ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.
| Charges | HDFC Sky | Finvasia | ProStocks |
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| 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 | Rs 0 (Rs 1000 Refundable Deposit) |
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Plans are the most important feature you look when compare HDFC Sky vs Finvasia vs ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks offers Multiple Plans where HDFC Sky and Finvasia doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where HDFC Sky and Finvasia doesn't offer.
| Plan Types | HDFC Sky | Finvasia | ProStocks |
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| Multiple Plans |  |
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| Zerodha | Zerodha | ProStocks | |
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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.
ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.
| Brokerage Charges Compare | HDFC Sky | Finvasia | ProStocks |
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| Plan Name | Fixed pricing model | Zero Brokerage Trading Plan | Flat Fee Rs 15 Trading Plan |
| 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 | Flat Fee Rs 15 |
| Equity Futures | 0.1% or Rs 20 whichever is lower | Rs 0 | Flat Fee Rs 15 |
| Equity Options | Flat Fee Rs 20 | Rs 0 | Flat Fee Rs 15 |
| Currency Futures | 0.1% or Rs 20 whichever is lower | Rs 0 | Flat Fee Rs 15 |
| Currency Options | Flat Fee Rs 20 | Rs 0 | Flat Fee Rs 15 |
| Commodity Trading | Flat Fee Rs 20 | Rs 0 | NA |
| Minimum Brokerage | NA | NA | |
| Hidden Charges | No | No | |
| Funding | Yes - 12% interest PA | Yes, 24% interest PA | No |
| Call & Trade Charges | Rs 20 per call | Free | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
| Auto Square off Charges | 0.1% or Rs 20 whichever is lower | Free | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
| Brokerage Calculator | Brokerage Calculator for HDFC Sky | Brokerage Calculator for Finvasia | Brokerage Calculator for ProStocks |
Compare HDFC Sky vs Finvasia vs ProStocks on transaction charges and PCM fee by segment.
| Transaction Charges Compare | HDFC Sky | Finvasia | ProStocks |
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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 finvasia | Complete Brokerage Plans for prostocks |
Compare HDFC Sky vs Finvasia vs ProStocks 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 ProStocks offers only 2-in-1 account which includes trading and demat account. Margin Funding - HDFC Sky offers margin funding where Finvasia and ProStocks doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
| Account Features Compare | HDFC Sky | Finvasia | ProStocks |
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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 | 3:15PM |
| 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 ProStocks. 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 | ProStocks |
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| Desktop Trading Platform | HDFC Sky | OMNESYS NEST | Star ProStocks |
| Desktop Demo | Desktop Demo | Info Not Available | Info Not Available |
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| Web Trading Detail |
https://hdfcsky.com/ |
https://trade.finvasia.com/ |
https://www.prostocksweb.com/ |
| Web Trading Demo | Web Trading Demo | Info Not Available | Info Not Available |
| Mobile Site | |
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| Mobile Trading App | HDFC Sky App | SCALPERT | Star ProStocks |
| Mobile Trading App Demo | HDFC Sky App Demo | SCALPERT Demo | Info Not Available |
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| Android App Download | Andriod HDFC Sky App Download | Andriod SCALPERT Download | Andriod Download |
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| iOS App Download | iOS HDFC Sky App Download | Info Not Available | iOS Star ProStocks Download |
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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 ProStocks |
| Futures Brokerage Calculator | Futures Brokerage Calculator for HDFC Sky | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for ProStocks |
| Options Brokerage Calculator | Options Brokerage Calculator for HDFC Sky | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for ProStocks |
| Detail | Detail on Trading Platforms for hdfc-sky | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for prostocks |
| HDFC Sky | Finvasia | ProStocks | ||
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97 Customer Reviews
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17 Customer Reviews
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4 Customer Reviews
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| Fees Ratings | ||||
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| 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 | ProStocks is Rated 4.5 / 5 based on 4 customer reviews |
Compare HDFC Sky vs Finvasia vs ProStocks 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 ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - HDFC Sky and Finvasia offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.
| Investment Offerings Compare | HDFC Sky | Finvasia | ProStocks |
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| Other Investment Options | NIL | NIL |
Order Type - Compare HDFC Sky vs Finvasia vs ProStocks 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) - Finvasia and ProStocks AMO facility where HDFC Sky doesn't provides AMO. GTC Orders - HDFC Sky and ProStocks offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.
| Order Type Compare | HDFC Sky | Finvasia | ProStocks |
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| CNC order | |
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Compare HDFC Sky vs Finvasia vs ProStocks 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 | ProStocks |
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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 | +91-2262-434343 |
| 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://finvasia.com/announcements | https://www.prostocks.com/faq.html |
| 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 |
Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063 |
| Website | https://hdfcsky.com/ | https://www.finvasia.com/ | https://www.prostocks.com |
Compare HDFC Sky vs Finvasia vs ProStocks on research reports and tips provided by broker.
| HDFC Sky | Finvasia | ProStocks | |
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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 ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details
| HDFC Sky | Finvasia | ProStocks | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | CDSL: 1209 | 84300 | 83200 |
| Demat Account Annual Maintenance Charges(AMC) | ₹750 pa | Free | Free (₹1000 Refundable Deposit) |
| Advance Deposit | Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- | Rs 0 | 1000/- Refundable Deposit against charges |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹20) + CDSL charges | ₹9 + ₹5.50 (CDSL Charges) for every transaction | ₹20 per ISIN |
| Demat | ₹5 per certificate + ₹35 request charges | ₹15 per certificate | ₹50 per set up + ₹50 courier charges |
| Remat | ₹30 | ₹15 for every hundred securities + CDSL Charges | ₹50 per set up + ₹50 courier charges |
| Pledge Creation | Nil | ₹25 per transaction | ₹50 |
| Pledge Creation Confirmation | 0.04% of transaction value (Min ₹40) | NIL | Nil |
| Pledge Closure | Nil | ₹25 per transaction | ₹50 |
| Pledge Closure Confirmation | 0.04% of transaction value (Min ₹40) | NIL | Nil |
| Pledge Invocation | 0.04% of transaction value (Min ₹40) | ₹19 per transaction | ₹50 |
| Failed Instruction Charges | Nil | ₹49 | ₹50 per transaction |
| Other Charges | Nil | Nil | Nil |
Compare HDFC Sky vs Finvasia vs ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| HDFC Sky | Finvasia | ProStocks | |
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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, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application. Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time | Instant to HDFC Bank. | Up to 24 hrs except for bank holidays. | Upto 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 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms. |
| 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 |
SUNLIGHT BROKING LLP, Account Number:00600340080912 Bank and Branch: HDFC BANK, FORT Account Type: Current Account IFSC Code: HDFC0000060 |
| Likes |
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. | ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit. | |
| Enquire for HDFC Sky | Enquire for Finvasia | Enquire for ProStocks |
Last Updated on 2023-11-09T03:39:28+00:00
