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HDFC SKY vs ProStocks (Compare HDFC SKY and ProStocks)

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 HDFC SKY vs ProStocks, Below comparison of HDFC SKY vs ProStocks 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 HDFC SKY vs ProStocks is given below:

HDFC SKY

ProStocks

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	HDFC SKY	ProStocks

About The Brokers

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

ProStocks :

Prostocks is an online discount broker. They are well known for their unlimited monthly trading plan for Rs 899, a lifetime-free AMC demat account, and the lowest cost trading API. They also offer fla >>> more

Find More Information about the Broker :

HDFC SKY :

OVERVIEW

ProStocks :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING

Type of Broker

HDFC SKY :

Discount Broker

ProStocks :

Discount Broker

Promo/offers

HDFC SKY :

N/A

ProStocks :

Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.

Advantage

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

ProStocks :

✔ What ProStocks Does Well

✓	₹899/month unlimited equity + F&O — cheapest in India
✓	₹0 delivery brokerage on standard plan
✓	₹15/order intraday & F&O — cheaper than ₹20 at larger brokers
✓	₹10 Call & Trade for intraday/F&O — lowest in India
✓	No PCM fee — lower effective transaction costs
✓	₹0 AMC lifetime — trading + demat both free
✓	NRI accounts available — PIS and Non-PIS NRO
✓	API available for algo trading
✓	Currency derivatives trading available
✓	Refundable ₹1,000 demat deposit — not lost

Disadvantage

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

ProStocks :

✘ Where ProStocks Falls Short

✗	No commodity trading (MCX/NCDEX)
✗	Platform & mobile app less polished than top brokers
✗	Smaller brand — less familiarity, smaller support team
✗	Monthly plan per exchange (NSE & BSE need separate plans)
✗	₹1,000 refundable deposit required for demat (upfront)
✗	No research or advisory services
✗	No mutual fund investment platform
✗	No GTT orders
✗	Account opening ₹300 (currently waived — promo status)
✗	No branches — online only

Why This

HDFC SKY :

ProStocks :

Various option on Brokerage Plans to select from depending on your trading requirements. You can Choose from
- Flat Rs 15 per order
- Monthly unlimited trading plans.
- Yearly unlimited trading plans.
One of the most affordable calls & trading charges.
Give you the opportunity to earn through the referral program.
You need not to pay in case you are not trading in any month.
Even though Protock is the discount broker, you get option choosing from the various trading plan.
It provides you with DP service as well.

Open Account

HDFC SKY vs ProStocks Account Opening & AMC Charges

- and ProStocks Trading Account Opening Fee is Rs 0 (Free) . - and ProStocks Demat Account AMC is Rs 0 (Lifetime Zero AMC) .

	HDFC SKY	ProStocks
Trading Account Opening Fee	Trading Account Opening Fee : -	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : -	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : -	Demat Account AMC : Rs 0 (Lifetime Zero AMC)
Trading Account AMC	Trading Account AMC : -	Trading Account AMC : Rs 0
	Open Account	Open Account

HDFC SKY vs ProStocks Brokerage Charges

HDFC SKY Brokerage Charges ProStocks Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 15 per executed order and Equity Options is Rs 15 per executed order .

	HDFC SKY	ProStocks
Plan Name	-	Plan Name : Monthly Unlimited Trading Plan	Plan Name : Flat Fee Plan (₹15 per executed order)
Equity Delivery	-	Equity Delivery : Rs 0	Equity Delivery : Rs 0 (Free)
Equity Intraday	-	Equity Intraday : Rs 0	Equity Intraday : Rs 15 per executed order
Equity Future	-	Equity Future : Rs 0	Equity Future : Rs 15 per executed order
Equity Options	-	Equity Options : Rs 0	Equity Options : Rs 15 per executed order
Currency Futures	-	Currency Futures : NA	Currency Futures : Rs 15 per executed order
Currency Options	-	Currency Options : NA	Currency Options : Rs 15 per executed order
Monthly Fee	-	Monthly Fee : Rs 899	Monthly Fee : NA
Margin Trading	-	Margin Trading : -	Margin Trading : -
Commodity Futures	-	Commodity Futures : NA	Commodity Futures : NA
Commodity Options	-	Commodity Options : NA	Commodity Options : NA
	Open Account	Open Account

HDFC SKY vs ProStocks Exchange Transaction Charges

HDFC SKY Exchange Transaction Charges - and - . ProStocks Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) | BSE Rs 0 and Equity Options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium) .

	HDFC SKY	ProStocks
Equity Delivery	Equity Delivery : -	Equity Delivery : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : -	Equity Intraday : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : -	Equity Future : NSE Rs 200 per Cr (0.002%) \| BSE Rs 0
Equity Options *	Equity Options : -	Equity Options : NSE Rs 5050 per Cr (0.0505%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : -	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : -	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : -	Commodity : -
	Open Account	Open Account

HDFC SKY vs ProStocks Other Charges

HDFC SKY and . ProStocks Minimum Brokerage is Rs 0 and Call & Trade is Rs 0 (Free) .

	HDFC SKY	ProStocks
Minimum Brokerage	Minimum Brokerage : -	Minimum Brokerage : Rs 0
Call & Trade	Call & Trade : -	Call & Trade : Rs 0 (Free)
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : ₹20 per scrip for equity delivery trade+18% GST
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -
	Open Account	Open Account

HDFC SKY vs ProStocks Features

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

	HDFC SKY	ProStocks
Trading Platform	Trading Platform : -	Trading Platform : ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : -	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : NA
Detailed Education Initiatives	Detailed Education Initiatives : -	Detailed Education Initiatives : No
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : -	Referral Program : 1
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : No
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : No
	Open Account	Open Account

HDFC SKY vs ProStocks Demat Account Charges

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

	HDFC SKY	ProStocks
Depository Service Provider	Depository Service Provider : -	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : -	Account Opening Fee : Nil
Advance Deposit	Advance Deposit : -	Advance Deposit : Lifetime Zero AMC Scheme - Rs 1000 onetime refundable deposit
AMC	AMC : -	AMC : Nil
Dematerialisation Charges	Dematerialisation Charges : -	Dematerialisation Charges : Rs 50 per set up + Rs 50 courier charges
Rematerialisation Charges	Rematerialisation Charges : -	Rematerialisation Charges : Rs 50 per set up + Rs 50 courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : -	Transaction Charges (debit) : Rs 8 + Rs 5.50 (CDSL charges) per ISIN
Pledge Creation Charges	Pledge Creation Charges : -	Pledge Creation Charges : Rs 50 per set up
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : -	Pledge Invocation Charges : Rs 50 per set up
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : Failed transactions Rs 50 per ISIN
Other Charges	Other Charges : -	Other Charges : -
	Open Account	Open Account

HDFC SKY vs ProStocks Basic Details

HDFC SKY and and . ProStocks Year of Incorporation is 2016 and Total Number of Clients is 6202 and Total Number of Branches is 1 .

	HDFC SKY	ProStocks
Year of Incorporation	Year of Incorporation : -	Year of Incorporation : 2016
Active Exchange Memberships	Active Exchange Memberships : -	Active Exchange Memberships : BSE, NSE
Demat Services	Demat Services : -	Demat Services : No
Website	Website : -	Website : www.prostocks.com
Contact Details	Contact Details : -	Contact Details : +91 22 62 43 43 43
Total Number of Clients	Total Number of Clients : -	Total Number of Clients : 6,202
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 1
Products *	Products : -	Products : ProStocks Mobile,Web & Desktop. BSE Best
	Open Account	Open Account

HDFC SKY vs ProStocks Orders

Orders

	HDFC SKY	ProStocks
Cover Orders (CO)	Cover Orders (CO) : -	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : -	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : -	After Market Orders (AMO) : Yes
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) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes
	Open Account	Open Account

HDFC SKY vs ProStocks Research and Advice / Trading Tips

Research and Advice / Trading Tips

	HDFC SKY	ProStocks
Equity Trading Recommendation *	Equity Trading Recommendation : -	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : -	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : -	Recommendation basis risk Profile : No
Comparison *	Comparison : -	Comparison : No
Free Tips *	Free Tips : -	Free Tips : No
Daily Market report *	Daily Market report : -	Daily Market report : No
ETF research *	ETF research : -	ETF research : No
Quarterly Results *	Quarterly Results : -	Quarterly Results : No
	Open Account	Open Account

HDFC SKY vs ProStocks Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	HDFC SKY	ProStocks
Availability for franchisee / AP	Availability for franchisee / AP : -	Availability for franchisee / AP : NA
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : NA
	Open Account	Open Account

HDFC SKY vs ProStocks Product & Services

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

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

HDFC SKY vs ProStocks Customer Services

HDFC SKY and ProStocks 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:

	HDFC SKY	ProStocks
Toll Free Number *	Toll Free Number : -	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : -	Live Chat Facility : No
Email Facility *	Email Facility : -	Email Facility : Yes
Branch Offices *	Branch Offices : -	Branch Offices : No
Customer Care *	Customer Care : -	Customer Care : Yes
Community Service *	Community Service : -	Community Service : No
Relationship Manager *	Relationship Manager : -	Relationship Manager : No
24/7 Support *	24/7 Support : -	24/7 Support : -
	Open Account	Open Account

HDFC SKY vs ProStocks Other Investement

HDFC SKY and ProStocks 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:

	HDFC SKY	ProStocks
Commodity Trading *	Commodity Trading : -	Commodity Trading : No
Investment in ETFs *	Investment in ETFs : -	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : -	Investment in Mutual Funds : No
Investment in Bonds *	Investment in Bonds : -	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : -	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : -	Insurance Services : No
Banking Services *	Banking Services : -	Banking Services : No
	Open Account	Open Account

HDFC SKY vs ProStocks Trading Platform

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

	HDFC SKY	ProStocks
Web Platform *	Web Platform : -	Web Platform : Yes
Android Mobile App *	Android Mobile App : -	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : -	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : -	Desktop Mac : No
I-Pad App *	I-Pad App : -	I-Pad App : Yes
Virtual Trading *	Virtual Trading : -	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : -	iPhone Mobile App : Yes
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	Open Account	Open Account