FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

HDFC Sky Vs Zerodha Vs Groww: Which one is better?

The brokerage of HDFC Sky ranges between Rs 20, the brokerage of Zerodha ranges between Rs 20, while the brokerage of Groww ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for HDFC Sky is 4, Zerodha is rated 4.5, Groww is rated 4 out of 5.

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

Compare HDFC Sky vs Zerodha vs Groww on Service

  HDFC Sky Compare
HDFC Sky
Zerodha Compare
Zerodha
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE, MCX 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 Zerodha is India's leading discount broker offering free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. 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... Know more about Groww
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare HDFC Sky vs Zerodha vs Groww on Trading & Demat Account Opening Charges

In this section we have compared HDFC Sky vs Zerodha vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Sky and Groww offer Free account opening where Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opeing. Demat AMC charges - HDFC Sky charges Rs 240 PA (Free for 1st year) as AMC for Demat account, Zerodha charges Rs 300 PA AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky vs Zerodha vs Groww
Charges HDFC Sky Zerodha Groww
Trading Account Opening Fees Free Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 240 PA (Free for 1st year) Rs 300 PA Free
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare HDFC Sky vs Zerodha vs Groww on Plan Options

Plans are the most important feature you look when compare HDFC Sky vs Zerodha 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.

Compare HDFC Sky vs Zerodha vs Groww on Plan Options
Plan Types HDFC Sky Zerodha Groww
Multiple Plans No No No
Monthly Plans No No No
Yearly Plans No No No
Expand

Account Opening Request

Account Opening

  Zerodha Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare HDFC Sky vs Zerodha vs Growwon 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.

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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 vs Zerodha vs Groww
Brokerage Charges Compare HDFC Sky Zerodha Groww
Plan Name Fixed pricing model Max Rs 20 per order Trading Plan Flat Brokerage Plan
Equity Delivery 0.1% or Rs 20 whichever is lower Free 0.05% or Rs 20 whichever is lower
Equity Intraday 0.1% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures 0.1% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower Flat Fee Rs 20
Equity Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.1% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower Not Available
Currency Options Flat Fee Rs 20 Flat Fee Rs 20 Not Available
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 20 Not Available
Minimum Brokerage NIL
Hidden Charges No No
Funding Yes - 12% interest PA Info Not Available NA
Call & Trade Charges Rs 20 per call Rs 50 Per Executable Order Rs 50 Per Executable Order
Auto Square off Charges 0.1% or Rs 20 whichever is lower Rs 50 Per Executable Order Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for Zerodha Brokerage Calculator for Groww
Expand

Share Broker's Transaction Charges

Compare HDFC Sky vs Zerodha vs Groww on Transaction Charges

Compare HDFC Sky vs Zerodha vs Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare HDFC Sky vs Zerodha vs Groww
Transaction Charges Compare HDFC Sky Zerodha 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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for zerodha Complete Brokerage Plans for groww
Expand

Account Features

Compare HDFC Sky vs Zerodha vs Groww on Account Features

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

Account Features - HDFC Sky vs Zerodha vs Groww
Account Features Compare HDFC Sky Zerodha Groww
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 Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes No
SMS Alerts Yes No No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes No Yes
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15PM 3:20 PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
Expand

Trading Platform

Compare HDFC Sky vs Zerodha vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky vs Zerodha 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 vs Zerodha vs Groww
Trading Platform Compare HDFC Sky Zerodha Groww
Desktop Trading Platform HDFC Sky NA Groww App
Desktop Demo Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) No No No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://hdfcsky.com/

Zerodha Kite Web

Yes

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App HDFC Sky App Zerodha Kite App Groww App
Mobile Trading App Demo HDFC Sky App Demo Zerodha Kite App Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod HDFC Sky App Download Andriod Zerodha Kite App Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download iOS HDFC Sky App Download iOS Zerodha Kite App Download iOS Groww App 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 Zerodha Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for zerodha Detail on Trading Platforms for groww

Expand

Broker Ratings by Users

Compare HDFC Sky vs Zerodha vs Groww on User Rating

  HDFC Sky Zerodha Groww
  97 Customer Reviews    Rate HDFC Sky 160 Customer Reviews    Rate Zerodha 8 Customer Reviews    Rate Groww
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 Zerodha is Rated 3.9 / 5 based on 160 customer reviews Groww is Rated 4.3 / 5 based on 8 customer reviews
Expand

Investment Offerings

Compare HDFC Sky vs Zerodha vs Groww on Investment Offerings

Compare HDFC Sky vs Zerodha 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 and Zerodha offers Commodity Trading where 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 vs Zerodha vs Groww
Investment Offerings Compare HDFC Sky Zerodha Groww
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes No
Commodity Yes Yes No
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking Yes No No
Insurance No No No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes No
PMS Service No No No
Other Investment Options NIL NIL
Expand

Order Types

Compare HDFC Sky vs Zerodha vs Groww on Order Types

Order Type - Compare HDFC Sky vs Zerodha 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 Zerodha provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - HDFC Sky provides Bracket Orders (BO) facility where Zerodha and Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Zerodha AMO facility where HDFC Sky and Groww doesn't provides AMO. GTC Orders - HDFC Sky and Zerodha offers Good Till Cancelled (GTC) orders facility where Groww doesn't provides GTC.

Order Types - Compare HDFC Sky vs Zerodha vs Groww
Order Type Compare HDFC Sky Zerodha Groww
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes No
Bracket order Yes No No
AMO-After Market Orders No Yes No
GTC-Good Till Cancelled Yes Yes No
Expand

Customer Service Offered

Compare HDFC Sky vs Zerodha vs Groww on Customer Service

Compare HDFC Sky vs Zerodha 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 Support - Compare HDFC Sky vs Zerodha vs Groww
Customer Service Compare HDFC Sky Zerodha Groww
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No Yes
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches Yes Yes No
Customer Care Number 1800 121 2109 "+ 91 80 4040 2020" 9108800604
Account Opening Process Online Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://hdfcsky.com/learn https://zerodha.com/varsity/ https://groww.in/academy
Head Office Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://hdfcsky.com/ https://zerodha.com/ https://groww.in/
Expand

Tips/Research/Reports Published

Compare HDFC Sky vs Zerodha vs Groww on Research Reports, Tips

Compare HDFC Sky vs Zerodha vs Groww on research reports and tips provided by broker.

Research Reports - Compare HDFC Sky vs Zerodha vs Groww
  HDFC Sky Zerodha Groww
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No No
Expand

Demat Account

Compare HDFC Sky vs Zerodha vs Groww on Demat Account

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

Demat Charges - Compare HDFC Sky vs Zerodha vs Groww
  HDFC Sky Zerodha Groww
DP Source CDSL CDSL CDSL
DP ID CDSL: 1209 81600 No
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹300 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 ₹50 Legal Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges ₹8 + ₹5.50 (CDSL Charges) per transaction ₹8 + ₹5.50 CDSL charges
Demat ₹5 per certificate + ₹35 request charges ₹150 per certificate + ₹100 courier charges ₹150 per certificate + courier charges
Remat ₹30 ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹150 per certificate + courier charges
Pledge Creation Nil ₹20 + ₹12 CSDL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Nil ₹20 + ₹12 CSDL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation 0.04% of transaction value (Min ₹40) ₹20 ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil ₹50 per instraction ₹50
Other Charges Nil Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs Zerodha vs Groww on Special Offers and Promotion

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

Compare HDFC Sky vs Zerodha vs Groww on Special Offers and Promotion
  HDFC Sky Zerodha 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, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
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. Max 24 hrs except for bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Info Not Available Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.
Bank Detail Direct from your HDFC bank account. HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
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...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

Detail Review...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

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...

  • Does not offer Lifetime free AMC account
  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Bracket order is not offered by Zerodha
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.
  • Software glitches in Kite happens at certain times.

Detail Review...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

Detail Review...

Special Offers/Promo Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquire for HDFC Sky Enquire for Zerodha Enquire for Groww

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