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HDFC Sky Vs Kotak Securities Vs ProStocks: Which one is better?

The brokerage of HDFC Sky ranges between Rs 20, the brokerage of Kotak Securities ranges between Rs. 20 per order, while the brokerage of ProStocks ranges between Rs 15. The broker HDFC Sky and ProStocks are discount brokers where Kotak Securities is a full service broker. Overall rating for HDFC Sky is 4, Kotak Securities is rated 4, ProStocks is rated 4 out of 5.

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

Compare HDFC Sky vs Kotak Securities vs ProStocks on Service

  HDFC Sky Compare
HDFC Sky
Kotak Securities Compare
Kotak Securities
ProStocks Compare
ProStocks
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 Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert...Know more about Kotak Securities 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... Know more about ProStocks
Broker Enquiry Request call back from Zerodha Request call back from Kotak Securities Request call back from ProStocks
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Account Opening Charges and AMC

Compare HDFC Sky vs Kotak Securities vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared HDFC Sky vs Kotak Securities 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, Kotak Securities charges Rs 600 PA AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky vs Kotak Securities vs ProStocks
Charges HDFC Sky Kotak Securities ProStocks
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) Rs 600 PA Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare HDFC Sky vs Kotak Securities vs ProStocks on Plan Options

Plans are the most important feature you look when compare HDFC Sky vs Kotak Securities vs ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Kotak Securities and ProStocks offers Multiple Plans where HDFC Sky doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where HDFC Sky and Kotak Securities doesn't offer.

Compare HDFC Sky vs Kotak Securities vs ProStocks on Plan Options
Plan Types HDFC Sky Kotak Securities ProStocks
Multiple Plans No Yes Yes
Monthly Plans No No Yes
Yearly Plans No No Yes
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Account Opening Request

Account Opening

  Zerodha Kotak Securities ProStocks
Account Opening Request
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Brokerage Charges

Compare HDFC Sky vs Kotak Securities vs ProStockson 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.

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

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 vs Kotak Securities vs ProStocks
Brokerage Charges Compare HDFC Sky Kotak Securities ProStocks
Plan Name Fixed pricing model Kotak Securities Trade Free Plan Flat Fee Rs 15 Trading Plan
Equity Delivery 0.1% or Rs 20 whichever is lower 0.25% Free
Equity Intraday 0.1% or Rs 20 whichever is lower Free Flat Fee Rs 15
Equity Futures 0.1% or Rs 20 whichever is lower Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 15
Equity Options Flat Fee Rs 20 Delivery: Flat fee Rs. 20 per order| Intraday: Free Flat Fee Rs 15
Currency Futures 0.1% or Rs 20 whichever is lower Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 15
Currency Options Flat Fee Rs 20 Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 15
Commodity Trading Flat Fee Rs 20 Delivery: Flat fee Rs. 20 per order| Intraday: Fre NA
Minimum Brokerage Rs 21 per executed order NA
Hidden Charges No No
Call & Trade Charges Rs 20 per call 20 calls free and after that Rs 20 per call Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges 0.1% or Rs 20 whichever is lower 20 calls free and after that Rs 20 per call Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for Kotak Securities Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare HDFC Sky vs Kotak Securities vs ProStocks on Transaction Charges

Compare HDFC Sky vs Kotak Securities vs ProStocks on transaction charges and PCM fee by segment.

Transaction Charges - Compare HDFC Sky vs Kotak Securities vs ProStocks
Transaction Charges Compare HDFC Sky Kotak Securities ProStocks
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 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for prostocks
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Account Features

Compare HDFC Sky vs Kotak Securities vs ProStocks on Account Features

Compare HDFC Sky vs Kotak Securities vs ProStocks on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky and Kotak Securities offers 3-in-1 Account where ProStocks offers only 2-in-1 account which includes trading and demat account. Margin Funding - HDFC Sky and Kotak Securities offers margin funding where ProStocks doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

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

Compare HDFC Sky vs Kotak Securities vs ProStockson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky vs Kotak Securities 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 vs Kotak Securities vs ProStocks
Trading Platform Compare HDFC Sky Kotak Securities ProStocks
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://hdfcsky.com/

https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

https://www.prostocksweb.com/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No Yes
Mobile Trading Yes Yes Yes
Mobile Trading App HDFC Sky App Kotak Neo Star ProStocks
Mobile Trading App Demo HDFC Sky App Demo Kotak Neo Demo Star ProStocks Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod HDFC Sky App Download Andriod Kotak Neo Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download iOS HDFC Sky App Download iOS Kotak Neo Download iOS Star ProStocks Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare HDFC Sky vs Kotak Securities vs ProStocks on User Rating

  HDFC Sky Kotak Securities ProStocks
  97 Customer Reviews    Rate HDFC Sky 82 Customer Reviews    Rate Kotak Securities 20 Customer Reviews    Rate ProStocks
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 Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews ProStocks is Rated 0.9 / 5 based on 20 customer reviews
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Investment Offerings

Compare HDFC Sky vs Kotak Securities vs ProStocks on Investment Offerings

Compare HDFC Sky vs Kotak Securities 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 Kotak Securities offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - HDFC Sky and Kotak Securities offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Kotak Securities offers PMS facility where HDFC Sky and ProStocks doesn't offers PMS facility.

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

Compare HDFC Sky vs Kotak Securities vs ProStocks on Order Types

Order Type - Compare HDFC Sky vs Kotak Securities 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 doesn't have Cover Orders (CO) facility. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. After Market Orders (AMO) - Kotak Securities and ProStocks 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 Kotak Securities vs ProStocks
Order Type Compare HDFC Sky Kotak Securities ProStocks
CNC order No No No
MIS order No No No
NRML order No No No
Cover order No No No
Bracket order No No No
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 Kotak Securities vs ProStocks on Customer Service

Compare HDFC Sky vs Kotak Securities 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 Support - Compare HDFC Sky vs Kotak Securities vs ProStocks
Customer Service Compare HDFC Sky Kotak Securities ProStocks
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 Yes No
Through Branches Yes Yes No
Customer Care Number 1800 121 2109 1800 209 9191 +91-2262-434343
Account Opening Process Online Online Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://hdfcsky.com/learn https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank 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
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website https://hdfcsky.com/ https://www.kotaksecurities.com https://www.prostocks.com
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Tips/Research/Reports Published

Compare HDFC Sky vs Kotak Securities vs ProStocks on Research Reports, Tips

Compare HDFC Sky vs Kotak Securities vs ProStocks on research reports and tips provided by broker.

Research Reports - Compare HDFC Sky vs Kotak Securities vs ProStocks
  HDFC Sky Kotak Securities ProStocks
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 Kotak Securities vs ProStocks on Demat Account

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

Demat Charges - Compare HDFC Sky vs Kotak Securities vs ProStocks
  HDFC Sky Kotak Securities ProStocks
DP Source CDSL CDSL CDSL
DP ID 12400 25100 83200
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹780 pa Free (₹1000 Refundable Deposit)
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- NA 1000/- Refundable Deposit against charges
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges 0.04% (Min ₹27) + CDSL charges ₹20 per ISIN
Demat ₹5 per certificate + ₹35 request charges ₹3 per certificate + ₹50 courier charges ₹50 per set up + ₹50 courier charges
Remat ₹30 ₹10 for every hundred securities (Min ₹15) ₹50 per set up + ₹50 courier charges
Pledge Creation Nil 0.05% of transaction value (Min ₹30) ₹50
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) 0.05% of transaction value (Min ₹30) Nil
Pledge Closure Nil 0.05% of transaction value (Min ₹30) ₹50
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.04% of transaction value (Min ₹40) 0.05% of transaction value (Min ₹30) ₹50
Failed Instruction Charges Nil Nil ₹50 per transaction
Other Charges
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Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs Kotak Securities vs ProStocks on Special Offers and Promotion

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

Compare HDFC Sky vs Kotak Securities vs ProStocks on Special Offers and Promotion
  HDFC Sky Kotak Securities ProStocks
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
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...

  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

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...

  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

Detail Review...

  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

Detail Review...

Special Offers/Promo 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 Kotak Securities Enquire for ProStocks

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