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HDFC Sky Vs Finvasia Vs SAMCO: Which one is better?

The brokerage of HDFC Sky ranges between Rs 20, the brokerage of Finvasia ranges between Rs 0, while the brokerage of SAMCO ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for HDFC Sky is 4, Finvasia is rated 4, SAMCO is rated 4 out of 5.

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

Compare HDFC Sky vs Finvasia vs SAMCO on Service

  HDFC Sky Compare
HDFC Sky
Finvasia Compare
Finvasia
SAMCO Compare
SAMCO
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 BSE, NSE, MCX, NCDEX
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 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...Know more about Finvasia Rs. 20/order ultra-low brokerage, Giga trading engine powered new-gen mobile App, Nest Trader Terminal, and unique leverage products make SAMCO one of the best discount brokers for traders. Also, get stock and mutual fund research on StockBasket and ... Know more about SAMCO
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from SAMCO
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Account Opening Charges and AMC

Compare HDFC Sky vs Finvasia vs SAMCO on Trading & Demat Account Opening Charges

In this section we have compared HDFC Sky vs Finvasia vs SAMCO 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 SAMCO charges Rs 400 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky vs Finvasia vs SAMCO
Charges HDFC Sky Finvasia SAMCO
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 400 PA (Free for 1st year)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare HDFC Sky vs Finvasia vs SAMCO on Plan Options

Plans are the most important feature you look when compare HDFC Sky vs Finvasia vs SAMCO. 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.

Compare HDFC Sky vs Finvasia vs SAMCO on Plan Options
Plan Types HDFC Sky Finvasia SAMCO
Multiple Plans No No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha SAMCO
Account Opening Request
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Brokerage Charges

Compare HDFC Sky vs Finvasia vs SAMCOon 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.

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

SAMCO Brokerage Plan detail - Trade in any segment in just Rs 20 per executable order, No size restriction,No Hidden charges.

Brokerage Charges - Compare HDFC Sky vs Finvasia vs SAMCO
Brokerage Charges Compare HDFC Sky Finvasia SAMCO
Plan Name Fixed pricing model Zero Brokerage Trading Plan Max Rs 20 Per Order Trading Plan
Equity Delivery 0.1% or Rs 20 whichever is lower Rs 0 0.5% 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 0.05% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Rs 0 0.05% or Rs 20 whichever is lower
Commodity Trading Flat Fee Rs 20 Rs 0 0.05% or Rs 20 whichever is lower
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 20 per Executed order, with First 20 C&T are free
Auto Square off Charges 0.1% or Rs 20 whichever is lower Free Rs 20 per Executed order, with First 20 C&T are free
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for Finvasia Brokerage Calculator for SAMCO
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Share Broker's Transaction Charges

Compare HDFC Sky vs Finvasia vs SAMCO on Transaction Charges

Compare HDFC Sky vs Finvasia vs SAMCO on transaction charges and PCM fee by segment.

Transaction Charges - Compare HDFC Sky vs Finvasia vs SAMCO
Transaction Charges Compare HDFC Sky Finvasia SAMCO
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 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for finvasia Complete Brokerage Plans for samco
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Account Features

Compare HDFC Sky vs Finvasia vs SAMCO on Account Features

Compare HDFC Sky vs Finvasia vs SAMCO 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 SAMCO offers only 2-in-1 account which includes trading and demat account. Margin Funding - HDFC Sky and SAMCO offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - HDFC Sky vs Finvasia vs SAMCO
Account Features Compare HDFC Sky Finvasia SAMCO
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 SAMCO have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes No Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes No Yes
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15PM 3:15 PM 3:15PM
NRI Trading Yes Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare HDFC Sky vs Finvasia vs SAMCOon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky vs Finvasia vs SAMCO. 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 Finvasia vs SAMCO
Trading Platform Compare HDFC Sky Finvasia SAMCO
Desktop Trading Platform HDFC Sky OMNESYS NEST SAMCO Trader
Desktop Demo Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) No Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://hdfcsky.com/

https://trade.finvasia.com/

https://trade.samco.in/Samruddi/Login/indexauth.jsp

Web Trading Demo Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App HDFC Sky App SCALPERT StockNote
Mobile Trading App Demo HDFC Sky App Demo SCALPERT Demo StockNote Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod HDFC Sky App Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) No No No
iOS App Download iOS HDFC Sky App Download Info Not Available iOS StockNote Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No No
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 SAMCO
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for SAMCO
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Finvasia Options Brokerage Calculator for SAMCO
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for finvasia Detail on Trading Platforms for samco

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Broker Ratings by Users

Compare HDFC Sky vs Finvasia vs SAMCO on User Rating

  HDFC Sky Finvasia SAMCO
  97 Customer Reviews    Rate HDFC Sky 17 Customer Reviews    Rate Finvasia 32 Customer Reviews    Rate SAMCO
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 SAMCO is Rated 4.1 / 5 based on 32 customer reviews
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Investment Offerings

Compare HDFC Sky vs Finvasia vs SAMCO on Investment Offerings

Compare HDFC Sky vs Finvasia vs SAMCO 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 Finvasia vs SAMCO
Investment Offerings Compare HDFC Sky Finvasia SAMCO
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking Yes No No
Insurance No No No
Forex No No No
MF SIP Investment Yes Yes No
Equity SIP Investment Yes No No
PMS Service No No No
Other Investment Options NIL NIL
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Order Types

Compare HDFC Sky vs Finvasia vs SAMCO on Order Types

Order Type - Compare HDFC Sky vs Finvasia vs SAMCO 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 SAMCO AMO facility where HDFC Sky doesn't provides AMO. GTC Orders - HDFC Sky offers Good Till Cancelled (GTC) orders facility where Finvasia and SAMCO doesn't provides GTC.

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

Compare HDFC Sky vs Finvasia vs SAMCO on Customer Service

Compare HDFC Sky vs Finvasia vs SAMCO 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 Finvasia vs SAMCO
Customer Service Compare HDFC Sky Finvasia SAMCO
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes Yes
Toll Free Number No No Yes
Through Branches Yes No No
Customer Care Number 1800 121 2109 Support: +91 9779 097 777/Sales: +91 9098 001 001 022-2222-7777/022-4503-0450
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.samco.in/knowledge-center/
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
SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Website https://hdfcsky.com/ https://www.finvasia.com/ https://www.samco.in/
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Tips/Research/Reports Published

Compare HDFC Sky vs Finvasia vs SAMCO on Research Reports, Tips

Compare HDFC Sky vs Finvasia vs SAMCO on research reports and tips provided by broker.

Research Reports - Compare HDFC Sky vs Finvasia vs SAMCO
  HDFC Sky Finvasia SAMCO
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No No
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Demat Account

Compare HDFC Sky vs Finvasia vs SAMCO on Demat Account

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

Demat Charges - Compare HDFC Sky vs Finvasia vs SAMCO
  HDFC Sky Finvasia SAMCO
DP Source CDSL CDSL CDSL
DP ID CDSL: 1209 84300 54200
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 NIL
Statutory charges Nil Nil Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹10
Demat ₹5 per certificate + ₹35 request charges ₹15 per certificate ₹10 per certificate + ₹50 courier charges
Remat ₹30 ₹15 for every hundred securities + CDSL Charges CDSL charges + ₹50 courier charges
Pledge Creation Nil ₹25 per transaction ₹25 per transaction
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) NIL Nil
Pledge Closure Nil ₹25 per transaction ₹25 per transaction
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) NIL Nil
Pledge Invocation 0.04% of transaction value (Min ₹40) ₹19 per transaction ₹25 per transaction
Failed Instruction Charges Nil ₹49 Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs Finvasia vs SAMCO on Special Offers and Promotion

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

Compare HDFC Sky vs Finvasia vs SAMCO on Special Offers and Promotion
  HDFC Sky Finvasia SAMCO
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 funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking/Payment Gateway from SAMCO trader or Back Office
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 24 banks allow instant credit facility(Payment Gateway) with charges of Rs 6 from Samco 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
Samco Securities Limited,
Account Number: ZSAMCODDXXXX
Bank and Branch: Indusind Bank, Fort Branch, Mumbai
Account Type: Current Account
IFSC Code: INDB0000033
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...

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;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • Trade and invest with SAMCO at flat Rs. 20/order brokerage.
  • Giga trading engine powered new-gen mobile app and trading tools.
  • Zero brokerage mutual fund investment.
  • Get upto 4x leverage/margin in the equity cash segment.
  • Get margin against your holdings on StockPlus.
  • SAMCO offers BTPT (Buy Today, Pay Tomorrow) facility.
  • Equity SIP: Set up a stock SIP on the Stock Note App.
  • Place advanced orders like bracket order, cover order, and after market order.
  • Place a GTT order on Stock Note app with lifetime validity.
  • Get 100% brokerage cashback for the 1st
  • Free stock market learning course for beginners.
  • Very low payment gateway charges of just Rs. 6 + GST.
  • Zero hidden charges.

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...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • SAMCO does not provide direct mutual funds.
  • You cannot open a 3-in-1 account with SAMCO.
  • NRI cannot open SAMCO NRI Demat & Trading Account.
  • Delivery trading in SAMCO is not free.
  • No monthly trading plans.
  • High Demat maintenance charges of Rs. 400 per year.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
Enquire for HDFC Sky Enquire for Finvasia Enquire for SAMCO

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