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

The brokerage of HDFC Sky ranges between Rs 20, the brokerage of SBICAP Securities ranges between .05 to 0.50%, while the brokerage of ProStocks ranges between Rs 15. The broker HDFC Sky and ProStocks are discount brokers where SBICAP Securities is a full service broker. Overall rating for HDFC Sky is 4, SBICAP Securities is rated 4, ProStocks is rated 4 out of 5.

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

Compare 2 Brokers

Compare HDFC Sky vs SBICAP Securities vs ProStocks on Service

	HDFC Sky	SBICAP Securities	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	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 ...	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...
Broker Enquiry

Account Opening Charges and AMC

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

In this section we have compared HDFC Sky vs SBICAP Securities vs ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Sky and ProStocks 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 ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky vs SBICAP Securities vs ProStocks
Charges	HDFC Sky	SBICAP Securities	ProStocks
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	Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service

About Brokerage Plans

Compare HDFC Sky vs SBICAP Securities vs ProStocks on Plan Options

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

Compare HDFC Sky vs SBICAP Securities vs ProStocks on Plan Options
Plan Types	HDFC Sky	SBICAP Securities	ProStocks
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	Zerodha	Zerodha	ProStocks
Account Opening Request	Open Zerodha Account Now>>	Open Zerodha Account Now>>	Open ProStocks Account Now>>

Brokerage Charges

Compare HDFC Sky vs SBICAP 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.

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.

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 SBICAP Securities vs ProStocks
Brokerage Charges Compare	HDFC Sky	SBICAP Securities	ProStocks
Plan Name	Fixed pricing model	Standard or default brokerage plan	Flat Fee Rs 15 Trading Plan
Equity Delivery	0.1% or Rs 20 whichever is lower	0.50%	Free
Equity Intraday	0.1% or Rs 20 whichever is lower	0.05%	Flat Fee Rs 15
Equity Futures	0.1% or Rs 20 whichever is lower	0.05%	Flat Fee Rs 15
Equity Options	Flat Fee Rs 20	Rs 100 Per Lot	Flat Fee Rs 15
Currency Futures	0.1% or Rs 20 whichever is lower	0.03%	Flat Fee Rs 15
Currency Options	Flat Fee Rs 20	Rs 30 Per Lot	Flat Fee Rs 15
Commodity Trading	Flat Fee Rs 20	Rs. 100 per lot	NA
Minimum Brokerage		Rs 0.05 for Cash, Rs 0.01 Future	NA
Hidden Charges	No	Info Not Available
Funding	Yes - 12% interest PA	Yes - 24% interest PA	No
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.	Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges	0.1% or Rs 20 whichever is lower	First Free 30 per month, after Rs 10 per square-off	Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator	Brokerage Calculator for HDFC Sky	Brokerage Calculator for SBICAP Securities	Brokerage Calculator for ProStocks

Share Broker's Transaction Charges

Compare HDFC Sky vs SBICAP Securities vs ProStocks on Transaction Charges

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

Transaction Charges - Compare HDFC Sky vs SBICAP Securities vs ProStocks
Transaction Charges Compare	HDFC Sky	SBICAP 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	NA	NA
Brokerage Charges	Complete Brokerage Plans for hdfc-sky	Complete Brokerage Plans for sbicap-securities	Complete Brokerage Plans for prostocks

Account Features

Compare HDFC Sky vs SBICAP Securities vs ProStocks on Account Features

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

Account Features - HDFC Sky vs SBICAP Securities vs ProStocks
Account Features Compare	HDFC Sky	SBICAP Securities	ProStocks
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	3:15PM
NRI Trading
Other Features	NIL	Trading software terminal: ODIN Diet	NIL

Trading Platform

Compare HDFC Sky vs SBICAP 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 SBICAP 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 SBICAP Securities vs ProStocks
Trading Platform Compare	HDFC Sky	SBICAP Securities	ProStocks
Desktop Trading Platform	HDFC Sky	SBISMART XPRESS - NextTrader	Star ProStocks
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	https://www.prostocksweb.com/
Web Trading Demo	Web Trading Demo	Web Trading Demo	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	HDFC Sky App	SBISMART	Star ProStocks
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 Star ProStocks 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 ProStocks
Futures Brokerage Calculator	Futures Brokerage Calculator for HDFC Sky	Futures Brokerage Calculator for SBICAP Securities	Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator	Options Brokerage Calculator for HDFC Sky	Options Brokerage Calculator for SBICAP Securities	Options Brokerage Calculator for ProStocks
Detail	Detail on Trading Platforms for hdfc-sky	Detail on Trading Platforms for sbicap-securities	Detail on Trading Platforms for prostocks

Broker Ratings by Users

Compare HDFC Sky vs SBICAP Securities vs ProStocks on User Rating

	HDFC Sky	SBICAP Securities	ProStocks
	97 Customer Reviews	78 Customer Reviews	4 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	ProStocks is Rated 4.5 / 5 based on 4 customer reviews

Investment Offerings

Compare HDFC Sky vs SBICAP Securities vs ProStocks on Investment Offerings

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

Investment Offerings - Compare HDFC Sky vs SBICAP Securities vs ProStocks
Investment Offerings Compare	SBICAP Securities	ProStocks
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 Types

Compare HDFC Sky vs SBICAP Securities vs ProStocks on Order Types

Order Type - Compare HDFC Sky vs SBICAP 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 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) - SBICAP 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 SBICAP Securities vs ProStocks
Order Type Compare	HDFC Sky	SBICAP Securities	ProStocks
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare HDFC Sky vs SBICAP Securities vs ProStocks on Customer Service

Compare HDFC Sky vs SBICAP 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 SBICAP Securities vs ProStocks
Customer Service Compare	HDFC Sky	SBICAP Securities	ProStocks
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	+91-2262-434343
Account Opening Process	Online	Offline	Online/Paperless
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://hdfcsky.com/learn	https://www.sbismart.com/education	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	SBICAP SECURITIES LTD., A&B WING, MARATHON FUTUREX 12TH FLOOR, N.M.JOSHI MARG LOWER PAREL, MUMBAI - 400013	Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063
Website	https://hdfcsky.com/	https://www.sbismart.com	https://www.prostocks.com

Tips/Research/Reports Published

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

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

Research Reports - Compare HDFC Sky vs SBICAP Securities vs ProStocks
	HDFC Sky	SBICAP Securities	ProStocks
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare HDFC Sky vs SBICAP Securities vs ProStocks on Demat Account

Compare HDFC Sky vs SBICAP 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 SBICAP Securities vs ProStocks
	HDFC Sky	SBICAP Securities	ProStocks
DP Source	CDSL	CDSL	CDSL
DP ID	CDSL: 1209	19300	83200
Demat Account Annual Maintenance Charges(AMC)	₹750 pa	₹500	Free (₹1000 Refundable Deposit)
Advance Deposit	Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/-	0 for all	1000/- Refundable Deposit against charges
Statutory charges	Nil	Nil	Nil
Transaction Charges on Debit (Per ISIN)	0.04% (Min ₹20) + CDSL charges	0.01% of the transaction value (Min ₹21 and Max ₹300)	₹20 per ISIN
Demat	₹5 per certificate + ₹35 request charges	₹5 per certificate + ₹35 courier charges	₹50 per set up + ₹50 courier charges
Remat	₹30	₹35 per certificate + CDSL Charges	₹50 per set up + ₹50 courier charges
Pledge Creation	Nil	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	₹50
Pledge Creation Confirmation	0.04% of transaction value (Min ₹40)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Pledge Closure	Nil	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	₹50
Pledge Closure Confirmation	0.04% of transaction value (Min ₹40)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Pledge Invocation	0.04% of transaction value (Min ₹40)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	₹50
Failed Instruction Charges	Nil	₹10	₹50 per transaction
Other Charges	Nil	Nil	Nil

Special Offers,Advantages,Disadvantages

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

Compare HDFC Sky vs SBICAP 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 SBICAP Securities vs ProStocks on Special Offers and Promotion
	HDFC Sky	SBICAP Securities	ProStocks
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, 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	Direct to SBI Bank.	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.	Direct to SBI bank account	SUNLIGHT BROKING LLP, Account Number:00600340080912 Bank and Branch: HDFC BANK, FORT Account Type: Current Account IFSC Code: HDFC0000060
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 1^st 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 on BSE, NSE, and MCX. Instant paperless 3-in-1 account opening with SBI Bank. Free web and app-based trading platforms. Invest in IPO, mutual funds, insurance, and get loans. Place upto 5 IPO applications from a single bank account. Comprehensive fundamental and technical research services across asset classes. Free trading tips and recommendations. Educative blogs, and videos as a learning source. Margin trading services. Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO). Place Good Till Date (GTD) order. 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...	It charges high brokerage than other brokers like Zerodha, Upstox, etc. It does not provide any desktop trading software for pro traders. The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged. It doesn’t have any fixed/flat discount brokerage plan. Customers are not satisfied with the SBI Securities services. 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 SBICAP Securities	Enquire for ProStocks

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