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The brokerage of HDFC Sky ranges between Rs 20, the brokerage of Nuvama Wealth ranges between Rs 10, while the brokerage of ProStocks ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for HDFC Sky is 4, Nuvama Wealth is rated 3.5, ProStocks is rated 4 out of 5.
Here we present side-by-side comparison of HDFC Sky vs Nuvama Wealth 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 Nuvama Wealth 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 Nuvama Wealth vs ProStocks in this setion with 360 degree view of broker information.
 HDFC Sky |
 Nuvama Wealth |
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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...  |
One of the leading full-service brokerage firms with a long-standing track record since 2008 offering Free Nuvama Wealth Demat & Trading account + Trade at Rs. 10 flat brokerage charges + free experts research & advisory + Get access to the i... |
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 Nuvama Wealth 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, Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.
| Charges | HDFC Sky | Nuvama Wealth | 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) | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] | Rs 0 (Rs 1000 Refundable Deposit) |
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Plans are the most important feature you look when compare HDFC Sky vs Nuvama Wealth vs ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth and ProStocks offers Multiple Plans where HDFC Sky doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where HDFC Sky and Nuvama Wealth doesn't offer.
| Plan Types | HDFC Sky | Nuvama Wealth | ProStocks |
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| Multiple Plans |  |
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| Zerodha | Nuvama Wealth | 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.
Nuvama Wealth Brokerage Plan detail - This plan is available to Online users only. With this plan, Nuvama Wealth is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.
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 | Nuvama Wealth | ProStocks |
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| Plan Name | Fixed pricing model | Nuvama Lite | Flat Fee Rs 15 Trading Plan |
| Equity Delivery | 0.1% or Rs 20 whichever is lower | Flat Rs. 10 per executed order | Free |
| Equity Intraday | 0.1% or Rs 20 whichever is lower | Flat Rs. 10 per executed order | Flat Fee Rs 15 |
| Equity Futures | 0.1% or Rs 20 whichever is lower | Flat Rs. 10 per executed order | Flat Fee Rs 15 |
| Equity Options | Flat Fee Rs 20 | Flat Rs. 10 per executed order | Flat Fee Rs 15 |
| Currency Futures | 0.1% or Rs 20 whichever is lower | Flat Rs. 10 per executed order | Flat Fee Rs 15 |
| Currency Options | Flat Fee Rs 20 | Flat Rs. 10 per executed order | Flat Fee Rs 15 |
| Commodity Trading | Flat Fee Rs 20 | 0.01% | NA |
| Minimum Brokerage | NA | ||
| Hidden Charges | No | Info Not Available | |
| Funding | Yes - 12% interest PA | Yes - 24% interest PA | No |
| Call & Trade Charges | Rs 20 per call | 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 | Rs 20 | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
| Brokerage Calculator | Brokerage Calculator for HDFC Sky | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for ProStocks |
Compare HDFC Sky vs Nuvama Wealth vs ProStocks on transaction charges and PCM fee by segment.
| Transaction Charges Compare | HDFC Sky | Nuvama Wealth | 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 nuvama-wealth | Complete Brokerage Plans for prostocks |
Compare HDFC Sky vs Nuvama Wealth 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 Nuvama Wealth and ProStocks offers only 2-in-1 account which includes trading and demat account. Margin Funding - HDFC Sky and Nuvama Wealth offers margin funding where ProStocks doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
| Account Features Compare | HDFC Sky | Nuvama Wealth | 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 | 3:15PM | 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 Nuvama Wealth 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 | Nuvama Wealth | ProStocks |
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| Desktop Trading Platform | HDFC Sky | Xtreme Trader | Star ProStocks |
| Desktop Demo | Desktop Demo | Desktop Demo | Info Not Available |
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| Web Trading Platform | |
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| Web Trading Detail |
https://hdfcsky.com/ |
https://tlounge.edelweiss.in/Login |
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 | Nuvama Mobile Trader | Star ProStocks |
| Mobile Trading App Demo | HDFC Sky App Demo | Nuvama Mobile Trader Demo | Info Not Available |
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| Android App Download | Andriod HDFC Sky App Download | Andriod Nuvama Mobile Trader Download | Andriod Download |
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| iOS App Download | iOS HDFC Sky App Download | iOS Nuvama Mobile Trader Download | iOS Star ProStocks Download |
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| 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 Nuvama Wealth | Equity Intraday and Delivery Brokerage Calculator for ProStocks |
| Futures Brokerage Calculator | Futures Brokerage Calculator for HDFC Sky | Futures Brokerage Calculator for Nuvama Wealth | Futures Brokerage Calculator for ProStocks |
| Options Brokerage Calculator | Options Brokerage Calculator for HDFC Sky | Options Brokerage Calculator for Nuvama Wealth | Options Brokerage Calculator for ProStocks |
| Detail | Detail on Trading Platforms for hdfc-sky | Detail on Trading Platforms for nuvama-wealth | Detail on Trading Platforms for prostocks |
| HDFC Sky | Nuvama Wealth | ProStocks | ||
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97 Customer Reviews
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4 Customer Reviews
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4 Customer Reviews
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| Broker Rating | HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews | Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews | ProStocks is Rated 4.5 / 5 based on 4 customer reviews |
Compare HDFC Sky vs Nuvama Wealth 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 Nuvama Wealth offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - HDFC Sky and Nuvama Wealth offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth offers PMS facility where HDFC Sky and ProStocks doesn't offers PMS facility.
| Investment Offerings Compare | HDFC Sky | Nuvama Wealth | ProStocks |
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| Other Investment Options | NIL | NIL |
Order Type - Compare HDFC Sky vs Nuvama Wealth 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) - HDFC Sky and ProStocks provides Bracket Orders (BO) facility where Nuvama Wealth doesn't provides Bracket Orders. After Market Orders (AMO) - Nuvama Wealth 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 Nuvama Wealth doesn't provides GTC.
| Order Type Compare | HDFC Sky | Nuvama Wealth | ProStocks |
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| CNC order | |
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Compare HDFC Sky vs Nuvama Wealth 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 | Nuvama Wealth | ProStocks |
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| 24/7 Customer Service | |
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| Customer Care Number | 1800 121 2109 | 1800 102 3335 | +91-2262-434343 |
| Account Opening Process | Online | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://hdfcsky.com/learn | https://www.nuvamawealth.com/investology | 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 |
Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063 |
| Website | https://hdfcsky.com/ | https://www.nuvamawealth.com/ | https://www.prostocks.com |
Compare HDFC Sky vs Nuvama Wealth vs ProStocks on research reports and tips provided by broker.
| HDFC Sky | Nuvama Wealth | 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 Nuvama Wealth vs ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details
| HDFC Sky | Nuvama Wealth | ProStocks | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | CDSL: 1209 | 19100 | 83200 |
| Demat Account Annual Maintenance Charges(AMC) | ₹750 pa | Free (₹1500 one time charges) | Free (₹1000 Refundable Deposit) |
| Advance Deposit | Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- | NIL | 1000/- Refundable Deposit against charges |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹20) + CDSL charges | 0.02% of transaction value or ₹20 per transaction whichever is higher | ₹20 per ISIN |
| Demat | ₹5 per certificate + ₹35 request charges | ₹2 per certificate + ₹30 courier charges | ₹50 per set up + ₹50 courier charges |
| Remat | ₹30 | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹50 per set up + ₹50 courier charges |
| Pledge Creation | Nil | 0.02% of transaction value (Min ₹50) | ₹50 |
| Pledge Creation Confirmation | 0.04% of transaction value (Min ₹40) | Nil | Nil |
| Pledge Closure | Nil | 0.02% of transaction value (Min ₹50) | ₹50 |
| Pledge Closure Confirmation | 0.04% of transaction value (Min ₹40) | Nil | Nil |
| Pledge Invocation | 0.04% of transaction value (Min ₹40) | 0.02% of transaction value (Min ₹50) | ₹50 |
| Failed Instruction Charges | Nil | Nil | ₹50 per transaction |
| Other Charges | Nil | Nil | Nil |
Compare HDFC Sky vs Nuvama Wealth vs ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| HDFC Sky | Nuvama Wealth | 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/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Terminal X3,Nuvama Web,Mobile Trader. 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 Prostocks Mobile, Prostocks Desktop and Prostocks Web application. Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time | Instant to HDFC Bank. | Upto 24 Hrs except Bank Holidays. | Upto 24 Hrs except Bank Holidays. |
| Bank Supported and Charges | Info Not Available | Info Not Available | 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. | Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000 |
SUNLIGHT BROKING LLP, Account Number:00600340080912 Bank and Branch: HDFC BANK, FORT Account Type: Current Account IFSC Code: HDFC0000060 |
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Want to know why to trade with HDFC Sky, here are the promising reasons;
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| 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 Nuvama Wealth | Enquire for ProStocks |
Last Updated on 2023-11-09T03:39:28+00:00
