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

HDFC Sky Vs Zerodha Vs TradeSmart: 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 TradeSmart ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for HDFC Sky is 4, Zerodha is rated 4.5, TradeSmart is rated 4 out of 5.

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

Compare HDFC Sky vs Zerodha vs TradeSmart on Service

  HDFC Sky Compare
HDFC Sky
Zerodha Compare
Zerodha
TradeSmart Compare
TradeSmart
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 BSE, NSE, MCX, NCDEX
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. Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support.
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 TradeSmart on Trading & Demat Account Opening Charges

In this section we have compared HDFC Sky vs Zerodha vs TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Sky and Zerodha offer Free account opening where TradeSmart charges Rs 200 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 TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky vs Zerodha vs TradeSmart
Charges HDFC Sky Zerodha TradeSmart
Trading Account Opening Fees Free Free Rs 200
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Rs 200
Demat AMC Rs 240 PA (Free for 1st year) Rs 300 PA Rs 300 PA
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare HDFC Sky vs Zerodha vs TradeSmart on Plan Options

Plans are the most important feature you look when compare HDFC Sky vs Zerodha vs TradeSmart. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart offers Multiple Plans where HDFC Sky and Zerodha doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare HDFC Sky vs Zerodha vs TradeSmart on Plan Options
Plan Types HDFC Sky Zerodha TradeSmart
Multiple Plans No No Yes
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 TradeSmarton 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.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Brokerage Charges - Compare HDFC Sky vs Zerodha vs TradeSmart
Brokerage Charges Compare HDFC Sky Zerodha TradeSmart
Plan Name Fixed pricing model Max Rs 20 per order Trading Plan Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery 0.1% or Rs 20 whichever is lower Free Flat Fee Rs 15
Equity Intraday 0.1% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures 0.1% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures 0.1% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Currency Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 15
Minimum Brokerage NIL
Hidden Charges No No
Funding Yes - 12% interest PA Info Not Available No
Call & Trade Charges Rs 20 per call Rs 50 Per Executable Order Rs 20 per executed Order
Auto Square off Charges 0.1% or Rs 20 whichever is lower Rs 50 Per Executable Order Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for Zerodha Brokerage Calculator for TradeSmart
Expand

Share Broker's Transaction Charges

Compare HDFC Sky vs Zerodha vs TradeSmart on Transaction Charges

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

Transaction Charges - Compare HDFC Sky vs Zerodha vs TradeSmart
Transaction Charges Compare HDFC Sky Zerodha TradeSmart
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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for zerodha Complete Brokerage Plans for trade-smart-online
Expand

Account Features

Compare HDFC Sky vs Zerodha vs TradeSmart on Account Features

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

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

Trading Platform

Compare HDFC Sky vs Zerodha vs TradeSmarton Trading Platform

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

https://hdfcsky.com/

Zerodha Kite Web

https://sine.tradesmartonline.in/userMaster/login

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 Sine
Mobile Trading App Demo HDFC Sky App Demo Zerodha Kite App Demo Sine 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 Sine 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 TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Zerodha Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for zerodha Detail on Trading Platforms for trade-smart-online

Expand

Broker Ratings by Users

Compare HDFC Sky vs Zerodha vs TradeSmart on User Rating

  HDFC Sky Zerodha TradeSmart
  97 Customer Reviews    Rate HDFC Sky 160 Customer Reviews    Rate Zerodha 34 Customer Reviews    Rate TradeSmart
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 TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
Expand

Investment Offerings

Compare HDFC Sky vs Zerodha vs TradeSmart on Investment Offerings

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

Investment Offerings - Compare HDFC Sky vs Zerodha vs TradeSmart
Investment Offerings Compare HDFC Sky Zerodha TradeSmart
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes No
Mutual Funds Yes Yes No
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 No
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 TradeSmart on Order Types

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

Order Types - Compare HDFC Sky vs Zerodha vs TradeSmart
Order Type Compare HDFC Sky Zerodha TradeSmart
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 No
Expand

Customer Service Offered

Compare HDFC Sky vs Zerodha vs TradeSmart on Customer Service

Compare HDFC Sky vs Zerodha vs TradeSmart 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 TradeSmart
Customer Service Compare HDFC Sky Zerodha TradeSmart
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" 022 61208000
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://help.tradesmartonline.in/
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
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website https://hdfcsky.com/ https://zerodha.com/ https://tradesmartonline.in/
Expand

Tips/Research/Reports Published

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

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

Research Reports - Compare HDFC Sky vs Zerodha vs TradeSmart
  HDFC Sky Zerodha TradeSmart
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 TradeSmart on Demat Account

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

Demat Charges - Compare HDFC Sky vs Zerodha vs TradeSmart
  HDFC Sky Zerodha TradeSmart
DP Source CDSL CDSL CDSL
DP ID CDSL: 1209 81600 30400
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹300 pa ₹300 pa
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 ₹25
Demat ₹5 per certificate + ₹35 request charges ₹150 per certificate + ₹100 courier charges ₹500 per certificate (Min ₹500 per request)
Remat ₹30 ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹500 per certificate (Min ₹500 per request)
Pledge Creation Nil ₹20 + ₹12 CSDL charges ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) Nil Nil
Pledge Closure Nil ₹20 + ₹12 CSDL charges ₹200 per script
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) Nil Nil
Pledge Invocation 0.04% of transaction value (Min ₹40) ₹20 ₹200 per script
Failed Instruction Charges Nil ₹50 per instraction Nil
Other Charges Nil Nil Nil
Expand

Special Offers,Advantages,Disadvantages

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

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

Compare HDFC Sky vs Zerodha vs TradeSmart on Special Offers and Promotion
  HDFC Sky Zerodha TradeSmart
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, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Instant to HDFC Bank. Max 24 hrs except for bank holidays Up to 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 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.
Bank Detail Direct from your HDFC bank account. HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
VNS Finance and Capital Services Ltd.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
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...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden charges.

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...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

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. Free Account Opening, Rs 400 Waived for a limited time.
Enquire for HDFC Sky Enquire for Zerodha Enquire for TradeSmart

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