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HDFC Sky Vs Zerodha Vs Paytm Money: 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 Paytm Money ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for HDFC Sky is 4, Zerodha is rated 4.5, Paytm Money is rated 4 out of 5.

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

Compare HDFC Sky vs Zerodha vs Paytm Money on Service

  HDFC Sky Compare
HDFC Sky
Zerodha Compare
Zerodha
Paytm Money Compare
Paytm Money
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 account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... Know more about Paytm Money
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Paytm Money
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Account Opening Charges and AMC

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

In this section we have compared HDFC Sky vs Zerodha vs Paytm Money 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, Zerodha charges Rs 300 PA AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky vs Zerodha vs Paytm Money
Charges HDFC Sky Zerodha Paytm Money
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Rs 30 per month (Platform fees)
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
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About Brokerage Plans

Compare HDFC Sky vs Zerodha vs Paytm Money on Plan Options

Plans are the most important feature you look when compare HDFC Sky vs Zerodha vs Paytm Money. 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 Paytm Money on Plan Options
Plan Types HDFC Sky Zerodha Paytm Money
Multiple Plans No No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha Paytm Money
Account Opening Request
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Brokerage Charges

Compare HDFC Sky vs Zerodha vs Paytm Moneyon 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.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare HDFC Sky vs Zerodha vs Paytm Money
Brokerage Charges Compare HDFC Sky Zerodha Paytm Money
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 2.5% 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 0.02% or Rs 20 whichever is lower
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 NA
Currency Options Flat Fee Rs 20 Flat Fee Rs 20 NA
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 20 NA
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 100/order +GST
Auto Square off Charges 0.1% or Rs 20 whichever is lower Rs 50 Per Executable Order Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for Zerodha Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare HDFC Sky vs Zerodha vs Paytm Money on Transaction Charges

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

Transaction Charges - Compare HDFC Sky vs Zerodha vs Paytm Money
Transaction Charges Compare HDFC Sky Zerodha Paytm Money
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 paytm-money
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Account Features

Compare HDFC Sky vs Zerodha vs Paytm Money on Account Features

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

Account Features - HDFC Sky vs Zerodha vs Paytm Money
Account Features Compare HDFC Sky Zerodha Paytm Money
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 Paytm Money 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 No
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
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Trading Platform

Compare HDFC Sky vs Zerodha vs Paytm Moneyon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky vs Zerodha vs Paytm Money. 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 Paytm Money
Trading Platform Compare HDFC Sky Zerodha Paytm Money
Desktop Trading Platform HDFC Sky NA Paytm Money
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

Paytm Money Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App HDFC Sky App Zerodha Kite App Paytm Money App
Mobile Trading App Demo HDFC Sky App Demo Zerodha Kite App Demo Paytm Money App Demo
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 Paytm Money App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Rs. 30 per month
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 Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for zerodha Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare HDFC Sky vs Zerodha vs Paytm Money on User Rating

  HDFC Sky Zerodha Paytm Money
  97 Customer Reviews    Rate HDFC Sky 160 Customer Reviews    Rate Zerodha 6 Customer Reviews    Rate Paytm Money
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 Paytm Money is Rated 3.0 / 5 based on 6 customer reviews
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Investment Offerings

Compare HDFC Sky vs Zerodha vs Paytm Money on Investment Offerings

Compare HDFC Sky vs Zerodha vs Paytm Money 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 Paytm Money 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 Paytm Money
Investment Offerings Compare HDFC Sky Zerodha Paytm Money
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 Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service No No No
Other Investment Options NIL
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Order Types

Compare HDFC Sky vs Zerodha vs Paytm Money on Order Types

Order Type - Compare HDFC Sky vs Zerodha vs Paytm Money 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 Paytm Money provides Bracket Orders (BO) facility where Zerodha doesn't provides Bracket Orders. After Market Orders (AMO) - Zerodha and Paytm Money 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 Zerodha vs Paytm Money
Order Type Compare HDFC Sky Zerodha Paytm Money
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes No Yes
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 Zerodha vs Paytm Money on Customer Service

Compare HDFC Sky vs Zerodha vs Paytm Money 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 Paytm Money
Customer Service Compare HDFC Sky Zerodha Paytm Money
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No No
Phone Support Yes Yes No
Toll Free Number No No No
Through Branches Yes Yes No
Customer Care Number 1800 121 2109 "+ 91 80 4040 2020" NA
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://zerodha.com/varsity/ https://www.paytmmoney.com/care
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
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website https://hdfcsky.com/ https://zerodha.com/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare HDFC Sky vs Zerodha vs Paytm Money on Research Reports, Tips

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

Research Reports - Compare HDFC Sky vs Zerodha vs Paytm Money
  HDFC Sky Zerodha Paytm Money
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
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Demat Account

Compare HDFC Sky vs Zerodha vs Paytm Money on Demat Account

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

Demat Charges - Compare HDFC Sky vs Zerodha vs Paytm Money
  HDFC Sky Zerodha Paytm Money
DP Source CDSL CDSL CDSL
DP ID CDSL: 1209 81600 12088800
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 Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges ₹8 + ₹5.50 (CDSL Charges) per transaction ₹10 per ISIN
Demat ₹5 per certificate + ₹35 request charges ₹150 per certificate + ₹100 courier charges ₹250 per 100 shares
Remat ₹30 ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹250 per 100 shares
Pledge Creation Nil ₹20 + ₹12 CSDL charges ₹32 per ISIN
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) Nil Nil
Pledge Closure Nil ₹20 + ₹12 CSDL charges ₹32 per ISIN
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) Nil Nil
Pledge Invocation 0.04% of transaction value (Min ₹40) ₹20 ₹32 per ISIN
Failed Instruction Charges Nil ₹50 per instraction Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs Zerodha vs Paytm Money on Special Offers and Promotion

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

Compare HDFC Sky vs Zerodha vs Paytm Money on Special Offers and Promotion
  HDFC Sky Zerodha Paytm Money
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
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). Paytm Money allows 190+ Banks.
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...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

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...

  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • 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.

Detail Review...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

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 Paytm Money

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