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HDFC Sky Vs Geojit Vs Paytm Money: Which one is better?

The brokerage of HDFC Sky ranges between Rs 20, the brokerage of Geojit ranges between .03 to .3%, while the brokerage of Paytm Money ranges between Rs 20. The broker HDFC Sky and Paytm Money are discount brokers where Geojit is a full service broker. Overall rating for HDFC Sky is 4, Geojit is rated 4, Paytm Money is rated 4 out of 5.

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

Compare HDFC Sky vs Geojit vs Paytm Money on Service

  HDFC Sky Compare
HDFC Sky
Geojit Compare
Geojit
Paytm Money Compare
Paytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service 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... Know more about HDFC Sky Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce...Know more about Geojit In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... Know more about Paytm Money
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Paytm Money
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Account Opening Charges and AMC

Compare HDFC Sky vs Geojit vs Paytm Money on Trading & Demat Account Opening Charges

In this section we have compared HDFC Sky vs Geojit vs Paytm Money 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, Geojit charges Rs 700 PA AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky vs Geojit vs Paytm Money
Charges HDFC Sky Geojit Paytm Money
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free Free
Demat AMC Rs 240 PA (Free for 1st year) Rs 700 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare HDFC Sky vs Geojit vs Paytm Money on Plan Options

Plans are the most important feature you look when compare HDFC Sky vs Geojit vs Paytm Money. 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 Geojit vs Paytm Money on Plan Options
Plan Types HDFC Sky Geojit Paytm Money
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 Paytm Money
Account Opening Request
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Brokerage Charges

Compare HDFC Sky vs Geojit vs Paytm Moneyon 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.

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare HDFC Sky vs Geojit vs Paytm Money
Brokerage Charges Compare HDFC Sky Geojit Paytm Money
Plan Name Fixed pricing model Online Trading Plan (Percentage Based) Flat Brokerage Plan
Equity Delivery 0.1% or Rs 20 whichever is lower 0.30% or 30 paisa 2.5% or Rs 20 whichever is lower
Equity Intraday 0.1% or Rs 20 whichever is lower 0.03% or 3 paisa 0.05% or Rs 20 whichever is lower
Equity Futures 0.1% or Rs 20 whichever is lower 0.01% 0.02% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Rs 50 Per Lot Flat Fee Rs 20
Currency Futures 0.1% or Rs 20 whichever is lower 0.03% or 3 paisa NA
Currency Options Flat Fee Rs 20 Rs 50 Per Lot NA
Commodity Trading Flat Fee Rs 20 0.05% (Buy and sell)| Options: Rs. 150/lot| Option NA
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher
Hidden Charges No Info Not Available
Funding Yes - 12% interest PA Yes - 20% interest PA NA
Call & Trade Charges Rs 20 per call Free Rs 100/order +GST
Auto Square off Charges 0.1% or Rs 20 whichever is lower Free Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for Geojit Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare HDFC Sky vs Geojit vs Paytm Money on Transaction Charges

Compare HDFC Sky vs Geojit vs Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare HDFC Sky vs Geojit vs Paytm Money
Transaction Charges Compare HDFC Sky Geojit Paytm Money
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 geojit Complete Brokerage Plans for paytm-money
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Account Features

Compare HDFC Sky vs Geojit vs Paytm Money on Account Features

Compare HDFC Sky vs Geojit vs Paytm Money 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 Geojit and Paytm Money offers only 2-in-1 account which includes trading and demat account. Margin Funding - HDFC Sky and Geojit offers margin funding where Paytm Money doesn't offers margin funding. NRI Trading - HDFC Sky and Geojit offers NRI Trading where Paytm Money doesn't offers NRI Trading.

Account Features - HDFC Sky vs Geojit vs Paytm Money
Account Features Compare HDFC Sky Geojit Paytm Money
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 Paytm Money have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No No
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15PM 3:15PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare HDFC Sky vs Geojit vs Paytm Moneyon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky vs Geojit vs Paytm Money. 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 Geojit vs Paytm Money
Trading Platform Compare HDFC Sky Geojit Paytm Money
Desktop Trading Platform HDFC Sky SELFIE Platinum Paytm Money
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) No Yes No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://hdfcsky.com/

https://selfie.geojit.net/

Paytm Money Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App HDFC Sky App SELFIE Geojit Paytm Money App
Mobile Trading App Demo HDFC Sky App Demo SELFIE Geojit Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod HDFC Sky App Download Andriod SELFIE Geojit Download Andriod Download
iPhone Mobile App (IOS) No No Yes
iOS App Download iOS HDFC Sky App Download iOS SELFIE Geojit Download iOS Paytm Money App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Free Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Geojit Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for geojit Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare HDFC Sky vs Geojit vs Paytm Money on User Rating

  HDFC Sky Geojit Paytm Money
  97 Customer Reviews    Rate HDFC Sky 79 Customer Reviews    Rate Geojit 6 Customer Reviews    Rate Paytm Money
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 Geojit is Rated 3.7 / 5 based on 79 customer reviews Paytm Money is Rated 3.0 / 5 based on 6 customer reviews
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Investment Offerings

Compare HDFC Sky vs Geojit vs Paytm Money on Investment Offerings

Compare HDFC Sky vs Geojit vs Paytm Money 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 Geojit offers Commodity Trading where Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Geojit offers PMS facility where HDFC Sky and Paytm Money doesn't offers PMS facility.

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

Compare HDFC Sky vs Geojit vs Paytm Money on Order Types

Order Type - Compare HDFC Sky vs Geojit vs Paytm Money 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 Paytm Money provides Cover Orders (CO) facility where Geojit doesn't provides Cover Orders. Bracket Orders (BO) - HDFC Sky and Paytm Money provides Bracket Orders (BO) facility where Geojit doesn't provides Bracket Orders. After Market Orders (AMO) - Geojit and Paytm Money AMO facility where HDFC Sky doesn't provides AMO. GTC Orders - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

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

Compare HDFC Sky vs Geojit vs Paytm Money on Customer Service

Compare HDFC Sky vs Geojit vs Paytm Money 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 Geojit vs Paytm Money
Customer Service Compare HDFC Sky Geojit Paytm Money
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No No
Phone Support Yes Yes No
Toll Free Number No Yes No
Through Branches Yes Yes No
Customer Care Number 1800 121 2109 1800-425-5501/1800-103-5501/91-484-2405822 NA
Account Opening Process Online Offline Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://hdfcsky.com/learn https://insights.geojit.com/ https://www.paytmmoney.com/care
Head Office Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website https://hdfcsky.com/ https://www.geojit.com/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare HDFC Sky vs Geojit vs Paytm Money on Research Reports, Tips

Compare HDFC Sky vs Geojit vs Paytm Money on research reports and tips provided by broker.

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

Compare HDFC Sky vs Geojit vs Paytm Money on Demat Account

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

Demat Charges - Compare HDFC Sky vs Geojit vs Paytm Money
  HDFC Sky Geojit Paytm Money
DP Source CDSL CDSL CDSL
DP ID CDSL: 1209 48900 12088800
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹600 pa Zero
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- NIL Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges 0.02% of transaction value (Max ₹40) + CDSL charges ₹10 per ISIN
Demat ₹5 per certificate + ₹35 request charges ₹100 per demat request max 5 + ₹20 each additional certificate ₹250 per 100 shares
Remat ₹30 ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹250 per 100 shares
Pledge Creation Nil ₹50 per transaction ₹32 per ISIN
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) Nil Nil
Pledge Closure Nil Nil ₹32 per ISIN
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) Nil Nil
Pledge Invocation 0.04% of transaction value (Min ₹40) ₹50 per transaction ₹32 per ISIN
Failed Instruction Charges Nil Nil Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs Geojit vs Paytm Money on Special Offers and Promotion

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

Compare HDFC Sky vs Geojit vs Paytm Money on Special Offers and Promotion
  HDFC Sky Geojit Paytm Money
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, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SELFIE Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Instant to HDFC Bank. Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Info Not Available Info Not Available Paytm Money allows 190+ Banks.
Bank Detail Direct from your HDFC bank account. Info Not Available NA
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...

  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

Detail Review...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

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...

  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

Detail Review...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

Detail Review...

Special Offers/Promo
Enquire for HDFC Sky Enquire for Geojit Enquire for Paytm Money

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