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The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of HDFC Sky ranges between Rs 20, while the brokerage of Finvasia ranges between Rs 0. The broker HDFC Sky and Finvasia are a discount brokers where ICICIDirect is a full service broker. Overall rating for ICICIDirect is 4, HDFC Sky is rated 4, Finvasia is rated 4 out of 5.
Here we present side-by-side comparison of ICICIDirect vs HDFC Sky vs Finvasia 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 Finvasia 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 Finvasia in this setion with 360 degree view of broker information.
 ICICIDirect |
 HDFC Sky |
 Finvasia |
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| Broker Type | Full Service Broker | Discount Broker | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX | NSE, BSE, MCX | BSE, NSE, MCX, NCDEX |
| 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...  |
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... |
Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... |
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In this section we have compared ICICIDirect vs HDFC Sky vs Finvasia on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. 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 Finvasia charges Free AMC for Demat account.
| Charges | ICICIDirect | HDFC Sky | Finvasia |
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| Trading Account Opening Fees | Free | Free | Free |
| 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) | Free |
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Plans are the most important feature you look when compare ICICIDirect vs HDFC Sky vs Finvasia. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect offers Multiple Plans where HDFC Sky and Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | ICICIDirect | HDFC Sky | Finvasia |
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| Multiple Plans | |
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| Zerodha | Zerodha | Zerodha | |
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| Account Opening Request |
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.
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
| Brokerage Charges Compare | ICICIDirect | HDFC Sky | Finvasia |
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| Plan Name | NEO Flat Discount Brokerage Plan | Fixed pricing model | Zero Brokerage Trading Plan |
| Equity Delivery | 0.55% | 0.1% or Rs 20 whichever is lower | Rs 0 |
| Equity Intraday | Flat Rs. 20 per order | 0.1% or Rs 20 whichever is lower | Rs 0 |
| Equity Futures | Free (Rs. 0 brokerage) | 0.1% or Rs 20 whichever is lower | Rs 0 |
| Equity Options | Flat Rs. 20 per order | Flat Fee Rs 20 | Rs 0 |
| Currency Futures | Flat Rs. 20 per order | 0.1% or Rs 20 whichever is lower | Rs 0 |
| Currency Options | Flat Rs. 20 per order | Flat Fee Rs 20 | Rs 0 |
| Commodity Trading | Flat Rs. 20 per order | Flat Fee Rs 20 | Rs 0 |
| Minimum Brokerage | Rs 35 per trade | NA | |
| Hidden Charges | Yes | No | |
| Funding | Yes - 18% interest PA | Yes - 12% interest PA | Yes, 24% interest PA |
| Call & Trade Charges | First 20 call free and Rs 25 there onwards. | Rs 20 per call | Free |
| Auto Square off Charges | First 20 call free and Rs 25 there onwards. | 0.1% or Rs 20 whichever is lower | Free |
| Brokerage Calculator | Brokerage Calculator for ICICIDirect | Brokerage Calculator for HDFC Sky | Brokerage Calculator for Finvasia |
Compare ICICIDirect vs HDFC Sky vs Finvasia on transaction charges and PCM fee by segment.
| Transaction Charges Compare | ICICIDirect | HDFC Sky | Finvasia |
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| 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 | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for icicidirect | Complete Brokerage Plans for hdfc-sky | Complete Brokerage Plans for finvasia |
Compare ICICIDirect vs HDFC Sky vs Finvasia on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect and HDFC Sky offers 3-in-1 Account where Finvasia offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect and HDFC Sky offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
| Account Features Compare | ICICIDirect | HDFC Sky | Finvasia |
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| 3 in 1 Account | |
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| SMS Alerts | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15PM | 3:15 PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs HDFC Sky vs Finvasia. 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 | HDFC Sky | Finvasia |
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| Desktop Trading Platform | Trade Racer | HDFC Sky | OMNESYS NEST |
| Desktop Demo | Desktop Demo | Desktop Demo | Info Not Available |
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| Web Trading Platform | |
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| Web Trading Detail |
https://www.icicidirect.com |
https://hdfcsky.com/ |
https://trade.finvasia.com/ |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Info Not Available |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | ICICI direct Mobile | HDFC Sky App | SCALPERT |
| Mobile Trading App Demo | ICICI direct Mobile Demo | HDFC Sky App Demo | SCALPERT Demo |
| Android Mobile App | |
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| Android App Download | Andriod ICICI direct Mobile Download | Andriod HDFC Sky App Download | Andriod Download |
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| iOS App Download | iOS ICICI direct Mobile Download | iOS HDFC Sky App Download | iOS SCALPERT Download |
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| Trading Software Charges | Free | Free | Basic platforms are free, advance platforms are chargeable. |
| 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 Finvasia |
| Futures Brokerage Calculator | Futures Brokerage Calculator for ICICIDirect | Futures Brokerage Calculator for HDFC Sky | Futures Brokerage Calculator for Finvasia |
| Options Brokerage Calculator | Options Brokerage Calculator for ICICIDirect | Options Brokerage Calculator for HDFC Sky | Options Brokerage Calculator for Finvasia |
| Detail | Detail on Trading Platforms for icicidirect | Detail on Trading Platforms for hdfc-sky | Detail on Trading Platforms for finvasia |
| ICICIDirect | HDFC Sky | Finvasia | ||
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267 Customer Reviews
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97 Customer Reviews
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17 Customer Reviews
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| 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 | Finvasia is Rated 4.2 / 5 based on 17 customer reviews |
Compare ICICIDirect vs HDFC Sky vs Finvasia 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 Finvasia 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 Finvasia doesn't offers PMS facility.
| Investment Offerings Compare | ICICIDirect | HDFC Sky | Finvasia |
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| Other Investment Options | NIL | NIL |
Order Type - Compare ICICIDirect vs HDFC Sky vs Finvasia 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 Finvasia provides Bracket Orders (BO) facility where ICICIDirect doesn't provides Bracket Orders. After Market Orders (AMO) - ICICIDirect and Finvasia AMO facility where HDFC Sky doesn't provides AMO. GTC Orders - ICICIDirect and HDFC Sky offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.
| Order Type Compare | ICICIDirect | HDFC Sky | Finvasia |
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Compare ICICIDirect vs HDFC Sky vs Finvasia 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 Service Compare | ICICIDirect | HDFC Sky | Finvasia |
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| 24/7 Customer Service | |
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| Customer Care Number | 1860 123 1122 | 1800 121 2109 | Support: +91 9779 097 777/Sales: +91 9098 001 001 |
| Account Opening Process | Online | Online | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected]/[email protected] |
| Knowledge Center/Education | https://www.icicidirect.com/knowledge-center | https://hdfcsky.com/learn | https://finvasia.com/announcements |
| 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 |
Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
| Website | https://www.icicidirect.com | https://hdfcsky.com/ | https://www.finvasia.com/ |
Compare ICICIDirect vs HDFC Sky vs Finvasia on research reports and tips provided by broker.
| ICICIDirect | HDFC Sky | Finvasia | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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| Daily Market Report | |
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Compare ICICIDirect vs HDFC Sky vs Finvasia on Demat Service and Charges. This section cover about demat charges, demat service and other details
| ICICIDirect | HDFC Sky | Finvasia | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 14300 | CDSL: 1209 | 84300 |
| Demat Account Annual Maintenance Charges(AMC) | ₹700 pa | ₹750 pa | Free |
| 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/- | Rs 0 |
| 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 | ₹9 + ₹5.50 (CDSL Charges) for every transaction |
| Demat | ₹50 per set up | ₹5 per certificate + ₹35 request charges | ₹15 per certificate |
| Remat | ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction | ₹30 | ₹15 for every hundred securities + CDSL Charges |
| Pledge Creation | 0.02% (Min ₹35 and Max ₹25,000) | Nil | ₹25 per transaction |
| Pledge Creation Confirmation | 0.02% (Min ₹35 and Max ₹25,000) | 0.04% of transaction value (Min ₹40) | NIL |
| Pledge Closure | 0.02% (Min ₹35 and Max ₹25,000) | Nil | ₹25 per transaction |
| Pledge Closure Confirmation | 0.02% (Min ₹35 and Max ₹25,000) | 0.04% of transaction value (Min ₹40) | NIL |
| Pledge Invocation | 0.02% (Min ₹35 and Max ₹25,000) | 0.04% of transaction value (Min ₹40) | ₹19 per transaction |
| Failed Instruction Charges | ₹30 per transaction | Nil | ₹49 |
| Other Charges | Nil | Nil | Nil |
Compare ICICIDirect vs HDFC Sky vs Finvasia on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| ICICIDirect | HDFC Sky | Finvasia | |
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| 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 with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through bank transfer only. |
| Payout Time | Instant to ICICI Bank. | Instant to HDFC Bank. | Up to 24 hrs except for bank holidays. |
| Bank Supported and Charges | Info Not Available | Info Not Available | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. |
| Bank Detail | Direct from your ICICI bank account. | Direct from your HDFC bank account. | FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
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Want to know why to trade with HDFC Sky, here are the promising reasons;
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No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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| 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. | Free Account Opening+Free Demat AMC+Free Trading. | |
| Enquire for ICICIDirect | Enquire for HDFC Sky | Enquire for Finvasia |
Last Updated on 2023-09-14T04:34:26+00:00
