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ICICIDirect Vs HDFC Sky Vs AxisDirect: Which one is better?

The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of HDFC Sky ranges between Rs 20, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker ICICIDirect and AxisDirect are full service brokers where HDFC Sky is a discount broker. Overall rating for ICICIDirect is 4, HDFC Sky is rated 4, AxisDirect is rated 3.5 out of 5.

Here we present side-by-side comparison of ICICIDirect vs HDFC Sky vs AxisDirect stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared ICICIDirect vs HDFC Sky vs AxisDirect 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 ICICIDirect vs HDFC Sky vs AxisDirect in this setion with 360 degree view of broker information.

Compare ICICIDirect vs HDFC Sky vs AxisDirect on Service

  ICICIDirect Compare
ICICIDirect
HDFC Sky Compare
HDFC Sky
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Full Service Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE, MCX NSE, BSE
Broker Overview ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect 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 Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis... Know more about AxisDirect
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare ICICIDirect vs HDFC Sky vs AxisDirect on Trading & Demat Account Opening Charges

In this section we have compared ICICIDirect vs HDFC Sky vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect and HDFC Sky offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - ICICIDirect charges Rs 300 per annum as AMC for Demat account, HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account, where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect vs HDFC Sky vs AxisDirect
Charges ICICIDirect HDFC Sky AxisDirect
Trading Account Opening Fees Free Free Rs 999
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 300 per annum Rs 240 PA (Free for 1st year) Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs HDFC Sky vs AxisDirect on Plan Options

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

Compare ICICIDirect vs HDFC Sky vs AxisDirect on Plan Options
Plan Types ICICIDirect HDFC Sky AxisDirect
Multiple Plans Yes No Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs HDFC Sky vs AxisDirecton Brokerage Charges

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

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.

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Brokerage Charges - Compare ICICIDirect vs HDFC Sky vs AxisDirect
Brokerage Charges Compare ICICIDirect HDFC Sky AxisDirect
Plan Name NEO Flat Discount Brokerage Plan Fixed pricing model Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.55% 0.1% or Rs 20 whichever is lower 0.50% (Each leg)
Equity Intraday Flat Rs. 20 per order 0.1% or Rs 20 whichever is lower 0.05% (Each leg)
Equity Futures Free (Rs. 0 brokerage) 0.1% or Rs 20 whichever is lower 0.05% (Each leg)
Equity Options Flat Rs. 20 per order Flat Fee Rs 20 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Flat Rs. 20 per order 0.1% or Rs 20 whichever is lower 0.05% (Each Leg)
Currency Options Flat Rs. 20 per order Flat Fee Rs 20 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading Flat Rs. 20 per order Flat Fee Rs 20 Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage Rs 35 per trade
Hidden Charges Yes No
Funding Yes - 18% interest PA Yes - 12% interest PA Yes - 18% interest PA
Call & Trade Charges First 20 call free and Rs 25 there onwards. Rs 20 per call Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges First 20 call free and Rs 25 there onwards. 0.1% or Rs 20 whichever is lower 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for HDFC Sky Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare ICICIDirect vs HDFC Sky vs AxisDirect on Transaction Charges

Compare ICICIDirect vs HDFC Sky vs AxisDirect on transaction charges and PCM fee by segment.

Transaction Charges - Compare ICICIDirect vs HDFC Sky vs AxisDirect
Transaction Charges Compare ICICIDirect HDFC Sky AxisDirect
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
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for axisdirect
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Account Features

Compare ICICIDirect vs HDFC Sky vs AxisDirect on Account Features

Compare ICICIDirect vs HDFC Sky vs AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 3-in-1 Account which includes bank, trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - ICICIDirect vs HDFC Sky vs AxisDirect
Account Features Compare ICICIDirect HDFC Sky AxisDirect
3 in 1 Account Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes Yes
Algo Trading No No No
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity No Yes Yes
Intraday Square-off Time 3:15PM 3:15PM 2:45 PM
NRI Trading Yes Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare ICICIDirect vs HDFC Sky vs AxisDirecton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs HDFC Sky vs AxisDirect. 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 ICICIDirect vs HDFC Sky vs AxisDirect
Trading Platform Compare ICICIDirect HDFC Sky AxisDirect
Desktop Trading Platform Trade Racer HDFC Sky Ring
Desktop Demo Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes No Yes
Desktop Platform (Mac) Yes No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.icicidirect.com

https://hdfcsky.com/

https://login.axisdirect.in/

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 ICICI direct Mobile HDFC Sky App AxisDirect Ring Mobile App
Mobile Trading App Demo ICICI direct Mobile Demo HDFC Sky App Demo AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod HDFC Sky App Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS ICICI direct Mobile Download iOS HDFC Sky App Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare ICICIDirect vs HDFC Sky vs AxisDirect on User Rating

  ICICIDirect HDFC Sky AxisDirect
  267 Customer Reviews    Rate ICICIDirect 97 Customer Reviews    Rate HDFC Sky 6 Customer Reviews    Rate AxisDirect
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare ICICIDirect vs HDFC Sky vs AxisDirect on Investment Offerings

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

Investment Offerings - Compare ICICIDirect vs HDFC Sky vs AxisDirect
Investment Offerings Compare ICICIDirect HDFC Sky AxisDirect
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity No Yes Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking Yes Yes Yes
Insurance Yes No Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes No No
Other Investment Options NIL NIL
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Order Types

Compare ICICIDirect vs HDFC Sky vs AxisDirect on Order Types

Order Type - Compare ICICIDirect vs HDFC Sky vs AxisDirect 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 provides Bracket Orders (BO) facility where ICICIDirect and AxisDirect doesn't provides Bracket Orders. After Market Orders (AMO) - ICICIDirect and AxisDirect 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 ICICIDirect vs HDFC Sky vs AxisDirect
Order Type Compare ICICIDirect HDFC Sky AxisDirect
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order No Yes No
AMO-After Market Orders Yes No Yes
GTC-Good Till Cancelled Yes Yes Yes
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Customer Service Offered

Compare ICICIDirect vs HDFC Sky vs AxisDirect on Customer Service

Compare ICICIDirect vs HDFC Sky vs AxisDirect 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 ICICIDirect vs HDFC Sky vs AxisDirect
Customer Service Compare ICICIDirect HDFC Sky AxisDirect
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 Yes
Through Branches Yes Yes Yes
Customer Care Number 1860 123 1122 1800 121 2109 022-61480808
Account Opening Process Online Online Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://hdfcsky.com/learn https://simplehai.axisdirect.in/learn/overview
Head Office Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website https://www.icicidirect.com https://hdfcsky.com/ https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare ICICIDirect vs HDFC Sky vs AxisDirect on Research Reports, Tips

Compare ICICIDirect vs HDFC Sky vs AxisDirect on research reports and tips provided by broker.

Research Reports - Compare ICICIDirect vs HDFC Sky vs AxisDirect
  ICICIDirect HDFC Sky AxisDirect
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips Yes Yes Yes
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes
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Demat Account

Compare ICICIDirect vs HDFC Sky vs AxisDirect on Demat Account

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

Demat Charges - Compare ICICIDirect vs HDFC Sky vs AxisDirect
  ICICIDirect HDFC Sky AxisDirect
DP Source CDSL CDSL CDSL
DP ID 14300 CDSL: 1209 49200
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹750 pa ₹500 pa
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) 0.04% (Min ₹20) + CDSL charges ₹10
Demat ₹50 per set up ₹5 per certificate + ₹35 request charges ₹3 per certificate
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹30 ₹10 for every hundred securities (Min ₹10)
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) Nil ₹25
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) 0.04% of transaction value (Min ₹40) ₹25
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) Nil ₹25
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) 0.04% of transaction value (Min ₹40) ₹25
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) 0.04% of transaction value (Min ₹40) Nil
Failed Instruction Charges ₹30 per transaction Nil Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs HDFC Sky vs AxisDirect on Special Offers and Promotion

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

Compare ICICIDirect vs HDFC Sky vs AxisDirect on Special Offers and Promotion
  ICICIDirect HDFC Sky AxisDirect
Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
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 from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Instant to ICICI Bank. Instant to HDFC Bank. Instant to Axis Bank.
Bank Supported and Charges Info Not Available Info Not Available NA
Bank Detail Direct from your ICICI bank account. Direct from your HDFC bank account. Direct from your Axis bank account.
Likes
  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

Detail Review...

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...

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

Detail Review...

Dislikes
  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

Detail Review...

  • 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...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

Special Offers/Promo Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire for ICICIDirect Enquire for HDFC Sky Enquire for AxisDirect

Last Updated on 2023-09-14T04:34:26+00:00