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The brokerage of HDFC Sky ranges between Rs 20, the brokerage of ICICIDirect ranges between Rs. 20, while the brokerage of TradeSmart ranges between Rs 15. The broker HDFC Sky and TradeSmart are discount brokers where ICICIDirect is a full service broker. Overall rating for HDFC Sky is 4, ICICIDirect is rated 4, TradeSmart is rated 4 out of 5.
Here we present side-by-side comparison of HDFC Sky vs ICICIDirect 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 ICICIDirect 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 ICICIDirect vs TradeSmart in this setion with 360 degree view of broker information.
 HDFC Sky |
 ICICIDirect |
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| Broker Type | Discount Broker | Full Service 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...  |
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... |
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. |
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In this section we have compared HDFC Sky vs ICICIDirect vs TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Sky and ICICIDirect 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, ICICIDirect charges Rs 300 per annum AMC for Demat account, where TradeSmart charges Rs 300 PA AMC for Demat account.
| Charges | HDFC Sky | ICICIDirect | TradeSmart |
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| 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 per annum | Rs 300 PA |
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Plans are the most important feature you look when compare HDFC Sky vs ICICIDirect vs TradeSmart. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect and TradeSmart offers Multiple Plans where HDFC Sky doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | HDFC Sky | ICICIDirect | TradeSmart |
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| Zerodha | Zerodha | Zerodha | |
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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.
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.
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 | ICICIDirect | TradeSmart |
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| Plan Name | Fixed pricing model | NEO Flat Discount Brokerage Plan | Flat Fee Rs 15 Trading Plan (Power Plan) |
| Equity Delivery | 0.1% or Rs 20 whichever is lower | 0.55% | Flat Fee Rs 15 |
| Equity Intraday | 0.1% or Rs 20 whichever is lower | Flat Rs. 20 per order | Flat Fee Rs 15 |
| Equity Futures | 0.1% or Rs 20 whichever is lower | Free (Rs. 0 brokerage) | Flat Fee Rs 15 |
| Equity Options | Flat Fee Rs 20 | Flat Rs. 20 per order | Flat Fee Rs 15 |
| Currency Futures | 0.1% or Rs 20 whichever is lower | Flat Rs. 20 per order | Flat Fee Rs 15 |
| Currency Options | Flat Fee Rs 20 | Flat Rs. 20 per order | Flat Fee Rs 15 |
| Commodity Trading | Flat Fee Rs 20 | Flat Rs. 20 per order | Flat Fee Rs 15 |
| Minimum Brokerage | Rs 35 per trade | ||
| Hidden Charges | No | Yes | |
| Call & Trade Charges | Rs 20 per call | First 20 call free and Rs 25 there onwards. | Rs 20 per executed Order |
| Auto Square off Charges | 0.1% or Rs 20 whichever is lower | First 20 call free and Rs 25 there onwards. | Rs 20 per executed Order |
| Brokerage Calculator | Brokerage Calculator for HDFC Sky | Brokerage Calculator for ICICIDirect | Brokerage Calculator for TradeSmart |
Compare HDFC Sky vs ICICIDirect vs TradeSmart on transaction charges and PCM fee by segment.
| Transaction Charges Compare | HDFC Sky | ICICIDirect | TradeSmart |
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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 360 Per Cr | Agri: Rs 275 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for hdfc-sky | Complete Brokerage Plans for icicidirect | Complete Brokerage Plans for trade-smart-online |
Compare HDFC Sky vs ICICIDirect vs TradeSmart on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky and ICICIDirect offers 3-in-1 Account where TradeSmart offers only 2-in-1 account which includes trading and demat account. Margin Funding - HDFC Sky and ICICIDirect offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - HDFC Sky and ICICIDirect offers NRI Trading where TradeSmart doesn't offers NRI Trading.
| Account Features Compare | HDFC Sky | ICICIDirect | TradeSmart |
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| 3 in 1 Account | |
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| SMS Alerts | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15PM | 3:15PM |
| 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 HDFC Sky vs ICICIDirect 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.
| HDFC Sky | ICICIDirect | TradeSmart | ||
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97 Customer Reviews
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267 Customer Reviews
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34 Customer Reviews
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| Overall Ratings | ||||
| Broker Rating | HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews | ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews | TradeSmart is Rated 4.0 / 5 based on 34 customer reviews |
Compare HDFC Sky vs ICICIDirect 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 - HDFC Sky and TradeSmart offers Commodity Trading where ICICIDirect doesn't offers Commodity Trading. Online Mutual Fund Investment - HDFC Sky and ICICIDirect offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - ICICIDirect offers PMS facility where HDFC Sky and TradeSmart doesn't offers PMS facility.
| Investment Offerings Compare | HDFC Sky | ICICIDirect | TradeSmart |
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| Other Investment Options | NIL | NIL |
Order Type - Compare HDFC Sky vs ICICIDirect 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 doesn't have Cover Orders (CO) facility. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. After Market Orders (AMO) - ICICIDirect and TradeSmart AMO facility where HDFC Sky doesn't provides AMO. GTC Orders - HDFC Sky and ICICIDirect offers Good Till Cancelled (GTC) orders facility where TradeSmart doesn't provides GTC.
| Order Type Compare | HDFC Sky | ICICIDirect | TradeSmart |
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Compare HDFC Sky vs ICICIDirect 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 Service Compare | HDFC Sky | ICICIDirect | TradeSmart |
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| 24/7 Customer Service | |
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| Customer Care Number | 1800 121 2109 | 1860 123 1122 | 022 61208000 |
| Account Opening Process | Online | Online | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://hdfcsky.com/learn | https://www.icicidirect.com/knowledge-center | https://help.tradesmartonline.in/ |
| Head Office Address | LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA, 8 FLR, NEAR KANJURMARG RLYSTN, KANJURMARG, MUMBAI-MH-400042 |
ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020 |
Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
| Website | https://hdfcsky.com/ | https://www.icicidirect.com | https://tradesmartonline.in/ |
Compare HDFC Sky vs ICICIDirect vs TradeSmart on research reports and tips provided by broker.
| HDFC Sky | ICICIDirect | TradeSmart | |
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| Research Mutual Funds | |
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| Research ETF | |
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Compare HDFC Sky vs ICICIDirect vs TradeSmart on Demat Service and Charges. This section cover about demat charges, demat service and other details
| HDFC Sky | ICICIDirect | TradeSmart | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 12400 | 14301 | 30400 |
| Demat Account Annual Maintenance Charges(AMC) | ₹750 pa | ₹700 pa | ₹300 pa |
| Advance Deposit | Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- | Rs. 7500/- , If the client is not having ICICI BANK Account | NIL |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹20) + CDSL charges | 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) | ₹25 |
| Demat | ₹5 per certificate + ₹35 request charges | ₹50 per set up | ₹500 per certificate (Min ₹500 per request) |
| Remat | ₹30 | ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction | ₹500 per certificate (Min ₹500 per request) |
| Pledge Creation | Nil | 0.02% (Min ₹35 and Max ₹25,000) | ₹200 per script ₹50 for trading margin each side |
| Pledge Creation Confirmation | 0.04% of transaction value (Min ₹40) | 0.02% (Min ₹35 and Max ₹25,000) | Nil |
| Pledge Closure | Nil | 0.02% (Min ₹35 and Max ₹25,000) | ₹200 per script |
| Pledge Closure Confirmation | 0.04% of transaction value (Min ₹40) | 0.02% (Min ₹35 and Max ₹25,000) | Nil |
| Pledge Invocation | 0.04% of transaction value (Min ₹40) | 0.02% (Min ₹35 and Max ₹25,000) | ₹200 per script |
| Failed Instruction Charges | Nil | ₹30 per transaction | Nil |
| Other Charges |
Compare HDFC Sky vs ICICIDirect vs TradeSmart on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| HDFC Sky | ICICIDirect | TradeSmart | |
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| Pay In and Pay Out Options | |||
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| Likes |
Want to know why to trade with HDFC Sky, here are the promising reasons;
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Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?
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| Dislikes |
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There are several disadvantages or limitations as well of trading with TradeSmart such as follows;
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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, Rs 400 Waived for a limited time. | |
| Enquire for HDFC Sky | Enquire for ICICIDirect | Enquire for TradeSmart |
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