Check reviews of other Share brokers

Edelweiss vs HDFC SKY (Compare Edelweiss and HDFC SKY)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Edelweiss vs HDFC SKY, Below comparison of Edelweiss vs HDFC SKY highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Edelweiss vs HDFC SKY is given below:

Edelweiss

Open Account

HDFC SKY

	Edelweiss	HDFC SKY

About The Brokers

Edelweiss :

"Edelweiss is one of the best brokerage houses that not just offers broking services but also offers you advisory and research facilities at extremely competitive pric >>> more

HDFC SKY :

HDFC SKY is the discount broking platform launched by HDFC Securities Ltd in 2023 — making it India's only bank-backed discount broker. >>> more

Find More Information about the Broker :

Edelweiss :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING

HDFC SKY :

OVERVIEW

Type of Broker

Edelweiss :

Full Service Broker

HDFC SKY :

Discount Broker

Promo/offers

Edelweiss :

Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

HDFC SKY :

N/A

Advantage

Edelweiss :

Security of your investment & money.
Top class customer service
Award-winning research services
Different brokerage plans for the different type of clients
Flat Rs 10 per executed order brokerage across the trading segments.
Facility to open Instant paperless online account.
Online IPO investment
Relationship managers and add-on services like PMS are available
Free call & trade services for Edelweiss Elite Plan subscribers.

HDFC SKY :

✔ What HDFC SKY Does Well

✓	India's only bank-backed discount broker — HDFC Bank Group institutional safety
✓	Free access to 23 years of HDFC Securities research — equity, F&O, ETF recommendations
✓	US stocks — fractional shares from $1, Apple/Google/Amazon etc.
✓	MTF at 12% p.a. — lowest in India (0% first 30 days); competitors charge 18–21%
✓	Both CDSL and NSDL DP — unique among discount brokers
✓	3-in-1 account with HDFC Bank — seamless fund transfers
✓	InstaOptions + NxtOption — dedicated F&O platforms with option chain analytics
✓	TradingView at tv.hdfcsky.com — advanced charting integrated
✓	Open API for algo traders
✓	ETF brokerage free for 30 days after account opening

Disadvantage

Edelweiss :

Bracket orders and Good-Till canceled (GTC) orders are not available.
No 3-in-1 account facility available
Call & Trade is available at an additional cost of ₹ 20 per call.
₹ 50 per month for research calls and trading tips.
High DP charges compared to other brokers..

HDFC SKY :

✘ Where HDFC SKY Falls Short

✗	₹20 delivery brokerage — not free, unlike Zerodha, Groww, ProStocks, Shoonya
✗	AMC ₹240/yr from year 2 — Groww, Shoonya, ProStocks, Fyers, Alice Blue all ₹0 lifetime
✗	Auto square-off ₹50+GST per position
✗	NRI restrictions — US and Canada NRIs cannot open accounts
✗	Launched 2023 — newer platform with less operating history than Zerodha/Fyers
✗	Customer care hours Mon–Sat 9AM–5PM only (no evening/weekend support)
✗	Cannot maintain HDFC Securities + HDFC SKY accounts simultaneously (SEBI rule)
✗	US stock brokerage 5 cents/share (not flat fee) — costlier for high-price stocks
✗	Limited intraday access for NRIs

Why This

Edelweiss :

Edelweiss Broking Limited is full-service broker who provide 2-in-1 On-line trading account to Indian as well as NRIs of gulf country.
Award Winning Research and user-friendly trading platforms.
They are versatile and provide the different broke plan to different types of clients.
Edelweiss despite being a Full-service broker offer both discount & Full-service brokerage plans.
Provide their services to Indians as well as NRIs and is very famous in Gulf countries.
Wide offline presence through branches and franchises makes it easy for customers.
Highly competitive brokerage plan as flat fee of ₹10 per order is comparatively cheaper than Zerodha, SAMCO and Upstox brokerage plan of ₹ 20/per order.
Multiple trading platforms - Edelweiss Mobile Trader, Edelweiss Terminal X3 and Edelweiss.in.

HDFC SKY :

Open Account

Edelweiss vs HDFC SKY Account Opening & AMC Charges

Edelweiss Trading Account Opening Fee is Rs 0 (Free) and - . Edelweiss Demat Account AMC is Rs 500 (1st Year Free) and - .

	Edelweiss	HDFC SKY
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : -
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : -
Demat Account AMC	Demat Account AMC : Rs 500 (1st Year Free)	Demat Account AMC : -
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : -

Edelweiss vs HDFC SKY Brokerage Charges

Edelweiss Brokerage Charges Equity Delivery is 0.30% and Equity Intraday is 0.03% and Equity Options is Rs 75 per lot . HDFC SKY Brokerage Charges

	Edelweiss		HDFC SKY
Plan Name	Plan Name : Edelweiss Lite	Plan Name : Edelweiss Elite	-
Equity Delivery	Equity Delivery : 0.30%	Equity Delivery : Rs 10 per executed order	-
Equity Intraday	Equity Intraday : 0.03%	Equity Intraday : Rs 10 per executed order	-
Equity Future	Equity Future : 0.03%	Equity Future : Rs 10 per executed order	-
Equity Options	Equity Options : Rs 75 per lot	Equity Options : Rs 10 per executed order	-
Currency Futures	Currency Futures : 0.02%	Currency Futures : Rs 10 per executed order	-
Currency Options	Currency Options : Rs 20 per lot	Currency Options : Rs 10 per executed order	-
Monthly Fee	Monthly Fee : -	Monthly Fee : NA	-
Margin Trading	Margin Trading : -	Margin Trading : -	-
Commodity Futures	Commodity Futures : -	Commodity Futures : -	-
Commodity Options	Commodity Options : -	Commodity Options : -	-

Edelweiss vs HDFC SKY Exchange Transaction Charges

Edelweiss Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . HDFC SKY Exchange Transaction Charges - and - .

	Edelweiss	HDFC SKY
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : -
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : -
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : -
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : -
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : -
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : -
Commodity	Commodity : -	Commodity : -

Edelweiss vs HDFC SKY Other Charges

Edelweiss Minimum Brokerage is 0.03% Equity delivery, 0.01% Intra-day and Futures and Call & Trade is Rs 20 per call . HDFC SKY and .

	Edelweiss	HDFC SKY
Minimum Brokerage	Minimum Brokerage : 0.03% Equity delivery, 0.01% Intra-day and Futures	Minimum Brokerage : -
Call & Trade	Call & Trade : Rs 20 per call	Call & Trade : -
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : -
Other Miscellaneous Charges	Other Miscellaneous Charges : Margin Funding: 0.08%/day, Research: Rs 50 per month,	Other Miscellaneous Charges : -

Edelweiss vs HDFC SKY Features

Edelweiss and HDFC SKY both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Edelweiss	HDFC SKY
Trading Platform	Trading Platform : Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress	Trading Platform : -
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : -
Trading Alerts	Trading Alerts : Yes	Trading Alerts : -
Research and Advice / Trading Tips	Research and Advice / Trading Tips : Yes	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : -
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : -	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : Yes

Edelweiss vs HDFC SKY Demat Account Charges

A comparative table of various demat account charges between Edelweiss and HDFC SKY is below:

	Edelweiss	HDFC SKY
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : -
Account Opening Fee	Account Opening Fee : â‚¹0 (Free)	Account Opening Fee : -
Advance Deposit	Advance Deposit : Nil	Advance Deposit : -
AMC	AMC : â‚¹500 per year (1st year free)	AMC : -
Dematerialisation Charges	Dematerialisation Charges : â‚¹2 per certificate + â‚¹30 for postage	Dematerialisation Charges : -
Rematerialisation Charges	Rematerialisation Charges : â‚¹10 per 100 securities or part thereof (Subject to minimum of â‚¹10 per request) + â‚¹30 for postage	Rematerialisation Charges : -
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : 0.02% of the transaction value or â‚¹20 per transaction, whichever is higher	Transaction Charges (debit) : -
Pledge Creation Charges	Pledge Creation Charges : 0.02% of the transaction value or â‚¹50 per transaction, whichever is higher	Pledge Creation Charges : -
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : -
Pledge Invocation Charges	Pledge Invocation Charges : 0.02% of the transaction value or â‚¹25 per transaction, whichever is higher	Pledge Invocation Charges : -
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : -
Other Charges	Other Charges : Account Closing: Nil	Other Charges : -

Edelweiss vs HDFC SKY Basic Details

Edelweiss Year of Incorporation is 2002 and Total Number of Clients is 218206 and Total Number of Branches is 237 . HDFC SKY and and .

	Edelweiss	HDFC SKY
Year of Incorporation	Year of Incorporation : 2002	Year of Incorporation : -
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : -
Demat Services	Demat Services : Yes	Demat Services : -
Website	Website : www.edelweiss.in	Website : -
Contact Details	Contact Details : 1800-102-3335	Contact Details : -
Total Number of Clients	Total Number of Clients : 218,206	Total Number of Clients : -
Total Number of Branches	Total Number of Branches : 237	Total Number of Branches : -
Products *	Products : -	Products : -

Edelweiss vs HDFC SKY Orders

Orders

	Edelweiss	HDFC SKY
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : -
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : -
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : -
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : Yes	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : Yes

Edelweiss vs HDFC SKY Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Edelweiss	HDFC SKY
Equity Trading Recommendation *	Equity Trading Recommendation : -	Equity Trading Recommendation : -
Equity Investment Recommendation *	Equity Investment Recommendation : -	Equity Investment Recommendation : -
Recommendation basis risk Profile *	Recommendation basis risk Profile : -	Recommendation basis risk Profile : -
Comparison *	Comparison : -	Comparison : -
Free Tips *	Free Tips : Yes	Free Tips : -
Daily Market report *	Daily Market report : Yes	Daily Market report : -
ETF research *	ETF research : -	ETF research : -
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : -

Edelweiss vs HDFC SKY Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Edelweiss	HDFC SKY
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs 3 to 5 lakh	Investment required for Franchisee / AP : -

Edelweiss vs HDFC SKY Product & Services

Edelweiss and HDFC SKY both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Edelweiss	HDFC SKY
Delivery Based Trading *	Delivery Based Trading : -	Delivery Based Trading : -
Margin Trading *	Margin Trading : Yes	Margin Trading : -
Call N Trade *	Call N Trade : -	Call N Trade : -
Trading in Both the exchanges *	Trading in Both the exchanges : -	Trading in Both the exchanges : -
Limit Order *	Limit Order : -	Limit Order : -
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : -	3-in-1 On-line Trading Account : -
NRI Services *	NRI Services : No	NRI Services : -
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : -
Offers Multiple Plan *	Offers Multiple Plan : -	Offers Multiple Plan : -
IPO Investment *	IPO Investment : -	IPO Investment : -
Portfolio Analysis *	Portfolio Analysis : -	Portfolio Analysis : -
Advanced Charting Features *	Advanced Charting Features : -	Advanced Charting Features : -
Brokerage Calculator *	Brokerage Calculator : -	Brokerage Calculator : -
Margin Calculator *	Margin Calculator : -	Margin Calculator : -
Stop Loss Order *	Stop Loss Order : -	Stop Loss Order : -
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : -	Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading *	Equity Future & Option Trading : -	Equity Future & Option Trading : -
Currency Future & Option Trading *	Currency Future & Option Trading : -	Currency Future & Option Trading : -
Market Trading *	Market Trading : -	Market Trading : -
Monthly & Yearly Plan *	Monthly & Yearly Plan : -	Monthly & Yearly Plan : -
Aumtomated Trading *	Aumtomated Trading : -	Aumtomated Trading : -

Edelweiss vs HDFC SKY Customer Services

Edelweiss and HDFC SKY both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Edelweiss	HDFC SKY
Toll Free Number *	Toll Free Number : -	Toll Free Number : -
Live Chat Facility *	Live Chat Facility : -	Live Chat Facility : -
Email Facility *	Email Facility : -	Email Facility : -
Branch Offices *	Branch Offices : -	Branch Offices : -
Customer Care *	Customer Care : -	Customer Care : -
Community Service *	Community Service : -	Community Service : -
Relationship Manager *	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : -	24/7 Support : -

Edelweiss vs HDFC SKY Other Investement

Edelweiss and HDFC SKY both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Edelweiss	HDFC SKY
Commodity Trading *	Commodity Trading : -	Commodity Trading : -
Investment in ETFs *	Investment in ETFs : -	Investment in ETFs : -
Investment in Mutual Funds *	Investment in Mutual Funds : -	Investment in Mutual Funds : -
Investment in Bonds *	Investment in Bonds : -	Investment in Bonds : -
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : -	Investment in Corporate Debt instruments : -
Insurance Services *	Insurance Services : -	Insurance Services : -
Banking Services *	Banking Services : -	Banking Services : -

Edelweiss vs HDFC SKY Trading Platform

Edelweiss and HDFC SKY both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Edelweiss	HDFC SKY
Web Platform *	Web Platform : -	Web Platform : -
Android Mobile App *	Android Mobile App : -	Android Mobile App : -
Desktop Windows *	Desktop Windows : -	Desktop Windows : -
Desktop Mac *	Desktop Mac : -	Desktop Mac : -
I-Pad App *	I-Pad App : -	I-Pad App : -
Virtual Trading *	Virtual Trading : -	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : -	iPhone Mobile App : -
Contact Now