Yes, HDFC Sky app is a safe and secure mobile trading app as all private and confidential customer data are protected by 256 AES encryption standard.

In addition, the app provides fingerprint authentication-based biometric login access to users to prevent any unauthorized access.

Yes, HDFC Sky app is not just a next-gen mobile trading app but also has intuitive UI/UX design to make the platform easy to use for everyone.

Whether you are a beginner or expert, you can trade or invest in stocks, equity F&O, currencies, and commodities using the HDFC Sky app.

New-age traders or investors can also use daily trading tips or buy/sell recommendations, technical and fundamental research reports from HDFC Securities to invest in the right stock.

As a beginner, you can also start your stock market investment journey with mutual fund investment. HDFC Sky mobile app allows you to invest in over 2,000 mutual fund schemes from 29+ fund houses. You can invest via SIP route or put money as lump sum.

Follow these steps to trade or invest in stocks with HDFC Sky app;

1. Log in to the HDFC Sky trading app.
2. Add the scrip to your watchlist.
3. Tap on Buy and Sell option to place the relevant order.
4. Enter details in the order window like price, quantity, etc.
5. Submit the order.
6. Once your order gets matched, it will be executed, you can see it under the positions tab.

HDFC Sky is integrated to its backoffice where you can check complete portfolio details of investment held in equity stocks, mutual funds, and US stocks. Also, you will get multiple reports like client ledger, margin statement, etc.

1. Log in to the app.
2. In the top left corner, click on 3 bar lines.
3. Scroll the screen and click on backoffice.

The page will redirect you to the HDFC Sky Backoffice portal

HDFC Sky app users will get multiple stock data including both fundamental and technical details.

The app provides company market cap, PE ratio, PB ratio, PEG ratio, dividend yield, earning yield, etc. It also provides fundamental history like last 5 years revenues, P&L, shareholding patterns, SWOT (Strengths, weaknesses, Opportunities, and Threats) etc.

However, the technical data includes RSI, 30 day SMA, industry PE, and data for technical analysis. It provides 5 level market depth along with open, close, low, and high stock prices. You can also check volume, daily average trade price, and 52 week low and high prices.

There are two ways to transfer your demat account holdings from HDFC Securities to HDFC Sky account via submitting physical Demat closure cum transfer form. Once submitted, your demat account with HDFC securities will closed and securities or investment will be transferred or credited to your HDFC Sky Demat account.

Basket order is a special order used to place multiple orders or buy or sell a number of securities at just a click. Instead of placing multiple orders, basket order provides the facility to place and execute multiple orders in one go.

Steps to place basket order on HDFC Sky app;

1. Log in to the HDFC Sky mobile app.
2. Under the orders tab, select basket option.
3. Tap on create a new basket.
4. Using the search bar, add desired stocks in the basket.
5. Use order window, and enter details like quantity of shares, order type, validity, etc.
6. Once added, on the top you will see the margin required to place basket order.
7. Click on execute basket to place the order on exchange.

HDFC Sky discount broker allows clients to place a GTT order on app or web.

Good till triggered, as its name, the order gets placed on exchange when the stock reaches the target price. The best part of the GTT order is it does not require to track market every minute.

At HDFC Sky, you can place a GTT buy order and GTT sell order in the delivery segment. And, the GTT order remains valid for a year.

Steps to place GTT order in HDFC Sky;

1. Log in to HDFC Sky trading account.
2. Add the scrip to the watchlist.
3. Hover the cursor on buy or sell option.
4. To place a GTT buy order, tap on Buy or to place a GTT sell order, click on Sell option.
5. Now, enter a target price and a buy or sell price, as the case may be.
6. Once the stock reaches the trigger price, your GTT buy or GTT sell order will be placed on exchange.
7. When order gets matched, GTT order will be executed.

Yes, HDFC Sky offers bracket order (BO) facility in app and website.

Bracket order is an advanced intraday order to place a buy or sell order along with a target and stop-loss order all together. Intraday traders with a clear entry point with a set price target and stop loss price in mind should place a bracket order to place all orders in one single order.

Steps to place a bracket order in HDFC Sky app;

1. Log in to HDFC Sky account.
2. Add the scrip to the market watchlist.
3. Tap on Buy/sell option.
4. An order window will be displayed on the screen.
5. Select intraday order and product type as “Bracket order”.
6. Enter price at which you want to execute intraday buy or sell order.
7. And also enter your target price and a stop-loss trigger price. You can put it as a % or in prices.
8. Based on stock price movement, target or stop-loss order will hit.

Yes, you can invest in ETFs with HDFC Sky the same way as you invest in stocks.

ETFs (Exchange traded funds) are the equity instruments that invest in same basket of companies of an index, therefore also known as Index funds.

ETF Intraday and ETF delivery trades with HDFC sky are charged at a brokerage of lower of Rs 20 or 0.01%.

Yes, HDFC Sky is a discount broker in India. The fintech platform allows you to trade or invest in equity intraday, delivery, equity derivatives, currency F&O, and commodity F&O.

Customers can also apply for IPOs, invest in mutual funds, and shares of US companies.

Being a part of HDFC Securities, HDFC Sky also provides access to stocks fundamental and technical research and experts investment recommendations to invest in mutual funds.

HDFC Securities launched HDFC Sky to provide the discount broking platform to all traders and investors to trade at Rs 20 price slab. The brokerage charged is similar to that of other platforms like Zerodha, Groww, etc.

However, HDFC Securities is a full-service stockbroker in India. Unlike HDFC Sec which allow only HDFC bank based customers to open a trading and demat accounts. However, HDFC Sky is open to all whether you have a bank account with HDFC or any other bank in India.

Access to HDFC Securities in-house research to all HDFC Sky customers is the USP that makes the platform unique from other top discount brokers like Groww, Zerodha, 5paisa.

Further, MTF at just 12% whereas other competitors are offering margin trading funding at 18% to 21%.

Yes, HDFC Sky app is free for all HDFC sky customers. And, there are no charges to use the mobile trading platform.

Traders and investors can use the HDFC Sky app to invest in equities, mutual funds, and US stocks, and trade in intraday and derivatives segment at Rs 20 flat brokerage.

Available margin is the fund balance in your HDFC Sky trading account. It is the maximum funds available to use to place buy and sell orders on a particular trading day.

HDFC Sky through partnership with Stockal provides access to US stock market.

Invest in overseas companies at just your fingertips using HDFC Sky app. You can invest in top blue-chip US companies like Netflix, Amazon, Apple, Tesla, Starbucks, Facebook, Nike, Mcdonald, etc.

All you have to do is open a global investment account with HDFC Sky, search for any US stock, and place buy/sell order.

The fractional investing allows investors to purchase and sell even less than a share. The app also provides a basket of stocks and ETFs crafted by professional managers or experts to help you select the right stock for investment.