Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
The brokerage of HDFC Sky ranges between Rs 20, the brokerage of SBICAP Securities ranges between .05 to 0.50%, while the brokerage of Groww ranges between Rs 20. The broker HDFC Sky and Groww are discount brokers where SBICAP Securities is a full service broker. Overall rating for HDFC Sky is 4, SBICAP Securities is rated 4, Groww is rated 4 out of 5.
Here we present side-by-side comparison of HDFC Sky vs SBICAP Securities vs Groww 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 SBICAP Securities vs Groww 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 SBICAP Securities vs Groww in this setion with 360 degree view of broker information.
 HDFC Sky |
 SBICAP Securities |
 Groww |
|
|---|---|---|---|
| Overall Rating | |||
| Brokerage Charges | |||
| Trading Platform | |||
| Investments Offering | |||
| Customer Service | |||
| Broker Type | Discount Broker | Full Service Broker | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX | NSE, BSE | 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...  |
Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ... |
Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... |
| Broker Enquiry |
|
|
|
In this section we have compared HDFC Sky vs SBICAP Securities vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Sky and Groww offer Free account opening where SBICAP Securities charges Rs 850 for account opeing. Demat AMC charges - HDFC Sky charges Rs 240 PA (Free for 1st year) as AMC for Demat account, SBICAP Securities charges Rs 500 PA AMC for Demat account, where Groww charges Free AMC for Demat account.
| Charges | HDFC Sky | SBICAP Securities | Groww |
|---|---|---|---|
| Trading Account Opening Fees | Free | Rs 850 | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 240 PA (Free for 1st year) | Rs 500 PA | Free |
| Provide DP Service |  |
|
|
Plans are the most important feature you look when compare HDFC Sky vs SBICAP Securities vs Groww. 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.
| Plan Types | HDFC Sky | SBICAP Securities | Groww |
|---|---|---|---|
| Multiple Plans |  |
|
|
| Monthly Plans | |
|
|
| Yearly Plans | |
|
|
| Zerodha | Zerodha | Zerodha | |
|---|---|---|---|
| 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.
SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
| Brokerage Charges Compare | HDFC Sky | SBICAP Securities | Groww |
|---|---|---|---|
| Plan Name | Fixed pricing model | Standard or default brokerage plan | Flat Brokerage Plan |
| Equity Delivery | 0.1% or Rs 20 whichever is lower | 0.50% | 0.05% or Rs 20 whichever is lower |
| Equity Intraday | 0.1% or Rs 20 whichever is lower | 0.05% | 0.05% or Rs 20 whichever is lower |
| Equity Futures | 0.1% or Rs 20 whichever is lower | 0.05% | Flat Fee Rs 20 |
| Equity Options | Flat Fee Rs 20 | Rs 100 Per Lot | Flat Fee Rs 20 |
| Currency Futures | 0.1% or Rs 20 whichever is lower | 0.03% | Not Available |
| Currency Options | Flat Fee Rs 20 | Rs 30 Per Lot | Not Available |
| Commodity Trading | Flat Fee Rs 20 | Rs. 100 per lot | Not Available |
| Minimum Brokerage | Rs 0.05 for Cash, Rs 0.01 Future | ||
| Hidden Charges | No | Info Not Available | |
| Funding | Yes - 12% interest PA | Yes - 24% interest PA | NA |
| Call & Trade Charges | Rs 20 per call | Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. | Rs 50 Per Executable Order |
| Auto Square off Charges | 0.1% or Rs 20 whichever is lower | First Free 30 per month, after Rs 10 per square-off | Rs 50 Per Executable Order |
| Brokerage Calculator | Brokerage Calculator for HDFC Sky | Brokerage Calculator for SBICAP Securities | Brokerage Calculator for Groww |
Compare HDFC Sky vs SBICAP Securities vs Groww on transaction charges and PCM fee by segment.
| Transaction Charges Compare | HDFC Sky | SBICAP Securities | Groww |
|---|---|---|---|
| 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 | NA | NA |
| Brokerage Charges | Complete Brokerage Plans for hdfc-sky | Complete Brokerage Plans for sbicap-securities | Complete Brokerage Plans for groww |
Compare HDFC Sky vs SBICAP Securities vs Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky and SBICAP Securities offers 3-in-1 Account where Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding - HDFC Sky and Groww offers margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - HDFC Sky and SBICAP Securities offers NRI Trading where Groww doesn't offers NRI Trading.
| Account Features Compare | HDFC Sky | SBICAP Securities | Groww |
|---|---|---|---|
| 3 in 1 Account | |
|
|
| Charting | |
|
|
| Algo Trading | |
|
|
| SMS Alerts | |
|
|
| Online Demo | |
|
|
| Online Portfolio | |
|
|
| Margin Trading Funding Available | |
|
|
| Combined Ledger for Equity and Commodity | |
|
|
| Intraday Square-off Time | 3:15PM | 3:15PM | 3:10 PM |
| NRI Trading | |
|
|
| Other Features | NIL | Trading software terminal: ODIN Diet | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky vs SBICAP Securities vs Groww. 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 | SBICAP Securities | Groww |
|---|---|---|---|
| Desktop Trading Platform | HDFC Sky | SBISMART XPRESS - NextTrader | Groww App |
| Desktop Demo | Desktop Demo | Desktop Demo | Info Not Available |
| Desktop Platform (Windows) | |
|
|
| Desktop Platform (Mac) | |
|
|
| Web Trading Platform | |
|
|
| Web Trading Detail |
https://hdfcsky.com/ |
https://login1.sbismart.com/nidp/app/login |
Yes |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Info Not Available |
| Mobile Site | |
|
|
| Mobile Trading | |
|
|
| Mobile Trading App | HDFC Sky App | SBISMART | Groww App |
| Mobile Trading App Demo | HDFC Sky App Demo | SBISMART Demo | Info Not Available |
| Android Mobile App | |
|
|
| Android App Download | Andriod HDFC Sky App Download | Andriod SBISMART Download | Andriod Download |
| iPhone Mobile App (IOS) | |
|
|
| iOS App Download | iOS HDFC Sky App Download | iOS SBISMART Download | iOS Groww App Download |
| Android Tablet App | |
|
|
| iPad App (IOS) | |
|
|
| 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 SBICAP Securities | Equity Intraday and Delivery Brokerage Calculator for Groww |
| Futures Brokerage Calculator | Futures Brokerage Calculator for HDFC Sky | Futures Brokerage Calculator for SBICAP Securities | Futures Brokerage Calculator for Groww |
| Options Brokerage Calculator | Options Brokerage Calculator for HDFC Sky | Options Brokerage Calculator for SBICAP Securities | Options Brokerage Calculator for Groww |
| Detail | Detail on Trading Platforms for hdfc-sky | Detail on Trading Platforms for sbicap-securities | Detail on Trading Platforms for groww |
| HDFC Sky | SBICAP Securities | Groww | ||
|---|---|---|---|---|
97 Customer Reviews
 |
78 Customer Reviews
|
8 Customer Reviews
|
||
| 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 | SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews | Groww is Rated 4.3 / 5 based on 8 customer reviews |
Compare HDFC Sky vs SBICAP Securities vs Groww 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 offers Commodity Trading where SBICAP Securities and Groww doesn't 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 | SBICAP Securities | Groww |
|---|---|---|---|
| Equity Cash and F&O | |
|
|
| Currency Deravitives | |
|
|
| Commodity | |
|
|
| Online IPO Application | |
|
|
| Mutual Funds | |
|
|
| Bond / NCD | |
|
|
| ETF | |
|
|
| Banking | |
|
|
| Insurance | |
|
|
| Forex | |
|
|
| MF SIP Investment | |
|
|
| Equity SIP Investment | |
|
|
| PMS Service | |
|
|
| Other Investment Options | NIL | NIL |
Order Type - Compare HDFC Sky vs SBICAP Securities vs Groww 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 SBICAP Securities provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - HDFC Sky and SBICAP Securities provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - SBICAP Securities AMO facility where HDFC Sky and Groww doesn't provides AMO. GTC Orders - HDFC Sky and SBICAP Securities offers Good Till Cancelled (GTC) orders facility where Groww doesn't provides GTC.
| Order Type Compare | HDFC Sky | SBICAP Securities | Groww |
|---|---|---|---|
| CNC order | |
|
|
| MIS order | |
|
|
| NRML order | |
|
|
| Cover order | |
|
|
| Bracket order | |
|
|
| AMO-After Market Orders | |
|
|
| GTC-Good Till Cancelled | |
|
|
Compare HDFC Sky vs SBICAP Securities vs Groww 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 | SBICAP Securities | Groww |
|---|---|---|---|
| 24/7 Customer Service | |
|
|
| Email Support | |
|
|
| Onine Live Chat | |
|
|
| Phone Support | |
|
|
| Toll Free Number | |
|
|
| Through Branches | |
|
|
| Customer Care Number | 1800 121 2109 | 022 6854 5555 | 9108800604 |
| Account Opening Process | Online | Offline | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://hdfcsky.com/learn | https://www.sbismart.com/education | https://groww.in/academy |
| Head Office Address | LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA, 8 FLR, NEAR KANJURMARG RLYSTN, KANJURMARG, MUMBAI-MH-400042 |
SBICAP SECURITIES LTD., A&B WING, MARATHON FUTUREX 12TH FLOOR, N.M.JOSHI MARG LOWER PAREL, MUMBAI - 400013 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website | https://hdfcsky.com/ | https://www.sbismart.com | https://groww.in/ |
Compare HDFC Sky vs SBICAP Securities vs Groww on research reports and tips provided by broker.
| HDFC Sky | SBICAP Securities | Groww | |
|---|---|---|---|
| Research Mutual Funds | |
|
|
| Research Equity Reports | |
|
|
| Research ETF | |
|
|
| Daily Market Report | |
|
|
| Free Tips | |
|
|
| Quarterly Result Analysis | |
|
|
| News Alerts | |
|
|
Compare HDFC Sky vs SBICAP Securities vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details
| HDFC Sky | SBICAP Securities | Groww | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | CDSL: 1209 | 19300 | No |
| Demat Account Annual Maintenance Charges(AMC) | ₹750 pa | ₹500 | Zero |
| Advance Deposit | Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- | 0 for all | Nil |
| Statutory charges | Nil | Nil | Legal Charges |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹20) + CDSL charges | 0.01% of the transaction value (Min ₹21 and Max ₹300) | ₹8 + ₹5.50 CDSL charges |
| Demat | ₹5 per certificate + ₹35 request charges | ₹5 per certificate + ₹35 courier charges | ₹150 per certificate + courier charges |
| Remat | ₹30 | ₹35 per certificate + CDSL Charges | ₹150 per certificate + courier charges |
| Pledge Creation | Nil | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation | 0.04% of transaction value (Min ₹40) | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure | Nil | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure Confirmation | 0.04% of transaction value (Min ₹40) | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Invocation | 0.04% of transaction value (Min ₹40) | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Failed Instruction Charges | Nil | ₹10 | ₹50 |
| Other Charges | Nil | Nil | Nil |
Compare HDFC Sky vs SBICAP Securities vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| HDFC Sky | SBICAP Securities | Groww | |
|---|---|---|---|
| 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 SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application. Pay-out/Fund Withdrawal - Bank Transfer only |
pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww 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 | Direct to SBI Bank. | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. |
| Bank Detail | Direct from your HDFC bank account. | Direct to SBI bank account | NA |
| Likes |
Want to know why to trade with HDFC Sky, here are the promising reasons;
|
|
|
| Dislikes |
|
|
|
| Special Offers/Promo | |||
| Enquire for HDFC Sky | Enquire for SBICAP Securities | Enquire for Groww |
Last Updated on 2023-11-09T03:39:28+00:00
