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HDFC SKY vs Indiabulls Seurities (Compare HDFC SKY and Indiabulls Seurities)

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 Indiabulls Seurities, Below comparison of HDFC SKY vs Indiabulls Seurities 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 Indiabulls Seurities is given below:

HDFC SKY

Indiabulls Seurities

	HDFC SKY	Indiabulls Seurities

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

Indiabulls Seurities :

Indiabulls Securities (formerly Dhani Stocks), a SEBI-registered broker, offers trading in equities, derivatives, commodities, currency, IPOs, mutual funds, and margin facility. It provides powerfu >>> more

Find More Information about the Broker :

HDFC SKY :

OVERVIEW

Indiabulls Seurities :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING

Type of Broker

HDFC SKY :

Discount Broker

Indiabulls Seurities :

Discount Broker

Promo/offers

HDFC SKY :

N/A

Indiabulls Seurities :

N/A

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

Indiabulls Seurities :

Services include equity, derivatives, commodities, currency trading, mutual funds, IPOs, PMS, MTF, LAS, Rights Issue, Buyback and depository services.
Access trading through a feature-rich mobile app, web platform, and a powerful desktop terminal (PIB)—catering to all types of traders.
Get expert stock recommendations, market insights, and strategic investment guidance.
Easy and paperless account opening process with instant verification via Aadhaar and DigiLocker.
Raise funds without selling your portfolio by pledging your shares or mutual funds.

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

Indiabulls Seurities :

Does not provide a 3-in-1 account opening facility.

Why This

HDFC SKY :

Indiabulls Seurities :

They offer a wide range of services, including equity, derivatives, commodities, and currency trading, as well as mutual funds, IPOs, PMS, MTF, LAS, and depository services.
You can access trading through their feature-rich mobile app, web platform, and a powerful desktop terminal (PIB), catering to all types of traders.
They provide expert stock recommendations, market insights, and strategic investment guidance.
The account opening process is easy and paperless, with instant verification via Aadhaar and DigiLocker.
You can raise funds without selling your portfolio by pledging your shares or mutual funds.
They offer a Discount Plan with brokerage charges as low as Rs 11 per executed order across various segments, including Equity Delivery, Intraday, Futures, Options, Currency, and Commodity.

HDFC SKY vs Indiabulls Seurities Account Opening & AMC Charges

- and Indiabulls Seurities Trading Account Opening Fee is ₹0 . - and - .

	HDFC SKY	Indiabulls Seurities
Trading Account Opening Fee	Trading Account Opening Fee : -	Trading Account Opening Fee : ₹0
Demat Account Opening Fee	Demat Account Opening Fee : -	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : -	Demat Account AMC : -
Trading Account AMC	Trading Account AMC : -	Trading Account AMC : ₹25

HDFC SKY vs Indiabulls Seurities Brokerage Charges

HDFC SKY Brokerage Charges Indiabulls Seurities Brokerage Charges Equity Delivery is ₹11 and Equity Intraday is ₹11 and Equity Options is ₹11 per Executed order .

	HDFC SKY	Indiabulls Seurities
Plan Name	-	Plan Name : Power Indiabulls
Equity Delivery	-	Equity Delivery : ₹11
Equity Intraday	-	Equity Intraday : ₹11
Equity Future	-	Equity Future : ₹11 per Executed order
Equity Options	-	Equity Options : ₹11 per Executed order
Currency Futures	-	Currency Futures : ₹11 per Executed order
Currency Options	-	Currency Options : ₹11 per Executed order
Monthly Fee	-	Monthly Fee : NA
Margin Trading	-	Margin Trading : -
Commodity Futures	-	Commodity Futures : ₹11 per Executed order
Commodity Options	-	Commodity Options : ₹11 per Executed order

HDFC SKY vs Indiabulls Seurities Exchange Transaction Charges

HDFC SKY Exchange Transaction Charges - and - . Indiabulls Seurities Exchange Transaction Charges Equity Future is NSE: 0.00173% | BSE: 0.0% and Equity Options is NSE: 0.03503% | BSE: 0.0325% (on premium) .

	HDFC SKY	Indiabulls Seurities
Equity Delivery	Equity Delivery : -	Equity Delivery : NSE: 0.00297% \| BSE: 0.00375%
Equity Intraday	Equity Intraday : -	Equity Intraday : NSE: 0.00297% \| BSE: 0.00375%
Equity Future *	Equity Future : -	Equity Future : NSE: 0.00173% \| BSE: 0.0%
Equity Options *	Equity Options : -	Equity Options : NSE: 0.03503% \| BSE: 0.0325% (on premium)
Currency Futures *	Currency Futures : -	Currency Futures : NSE: 0.00173% \| BSE: 0.0%
Currency Options	Currency Options : -	Currency Options : NSE: 0.03503% \| BSE: 0.0325% (on premium)
Commodity	Commodity : -	Commodity : NA

HDFC SKY vs Indiabulls Seurities Other Charges

HDFC SKY and . Indiabulls Seurities Minimum Brokerage is ₹11 and Call & Trade is ₹50 .

	HDFC SKY	Indiabulls Seurities
Minimum Brokerage	Minimum Brokerage : -	Minimum Brokerage : ₹11
Call & Trade	Call & Trade : -	Call & Trade : ₹50
Stamp Duty *	Stamp Duty : -	Stamp Duty : Delivery: 0.015%, Intraday: 0.003%
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : ₹20 or 0.02% (whichever is higher)
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -

HDFC SKY vs Indiabulls Seurities Features

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

	HDFC SKY	Indiabulls Seurities
Trading Platform	Trading Platform : -	Trading Platform : ISL App, Power Indiabulls Web & Power Indiabulls
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 : No
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 : Yes
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

HDFC SKY vs Indiabulls Seurities Demat Account Charges

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

	HDFC SKY	Indiabulls Seurities
Depository Service Provider	Depository Service Provider : -	Depository Service Provider : CDSL and NSDL
Account Opening Fee	Account Opening Fee : -	Account Opening Fee : ₹0
Advance Deposit	Advance Deposit : -	Advance Deposit : Nil
AMC	AMC : -	AMC : ₹25 Per Month
Dematerialisation Charges	Dematerialisation Charges : -	Dematerialisation Charges : ₹20 or 0.02% (whichever is higher)
Rematerialisation Charges	Rematerialisation Charges : -	Rematerialisation Charges : ₹35 for every 100 securities
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : -	Transaction Charges (debit) : ₹5 per certificate + ₹50 courier
Pledge Creation Charges	Pledge Creation Charges : -	Pledge Creation Charges : ₹25 or 0.02% (whichever is higher)
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : ₹35 or 0.02% (whichever is higher)
Pledge Invocation Charges	Pledge Invocation Charges : -	Pledge Invocation Charges : ₹35 or 0.02% (whichever is higher)
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : Nil
Other Charges	Other Charges : -	Other Charges : -

HDFC SKY vs Indiabulls Seurities Basic Details

HDFC SKY and and . Indiabulls Seurities Year of Incorporation is 2003 and and .

	HDFC SKY	Indiabulls Seurities
Year of Incorporation	Year of Incorporation : -	Year of Incorporation : 2003
Active Exchange Memberships	Active Exchange Memberships : -	Active Exchange Memberships : NSE, BSE
Demat Services	Demat Services : -	Demat Services : Yes
Website	Website : -	Website : https://www.ibullssecurities.com/
Contact Details	Contact Details : -	Contact Details : 022-61446300
Total Number of Clients	Total Number of Clients : -	Total Number of Clients : -
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : -
Products *	Products : -	Products : Equity, Derivatives, Commodity, Currency

HDFC SKY vs Indiabulls Seurities Orders

Orders

	HDFC SKY	Indiabulls Seurities
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) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : No

HDFC SKY vs Indiabulls Seurities Research and Advice / Trading Tips

Research and Advice / Trading Tips

	HDFC SKY	Indiabulls Seurities
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 : Yes
ETF research *	ETF research : -	ETF research : No
Quarterly Results *	Quarterly Results : -	Quarterly Results : No

HDFC SKY vs Indiabulls Seurities Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	HDFC SKY	Indiabulls Seurities
Availability for franchisee / AP	Availability for franchisee / AP : -	Availability for franchisee / AP : No
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : NA

HDFC SKY vs Indiabulls Seurities Product & Services

HDFC SKY and Indiabulls Seurities 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	Indiabulls Seurities
Delivery Based Trading *	Delivery Based Trading : -	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : -	Margin Trading : Yes
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 : Yes
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 : Yes
Offers Multiple Plan *	Offers Multiple Plan : -	Offers Multiple Plan : No
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 : No
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 : Yes
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 : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : -	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : -	Aumtomated Trading : Yes

HDFC SKY vs Indiabulls Seurities Customer Services

HDFC SKY and Indiabulls Seurities 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	Indiabulls Seurities
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 : NA
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 : No

HDFC SKY vs Indiabulls Seurities Other Investement

HDFC SKY and Indiabulls Seurities 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	Indiabulls Seurities
Commodity Trading *	Commodity Trading : -	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : -	Investment in ETFs : No
Investment in Mutual Funds *	Investment in Mutual Funds : -	Investment in Mutual Funds : Yes
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

HDFC SKY vs Indiabulls Seurities Trading Platform

HDFC SKY and Indiabulls Seurities 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	Indiabulls Seurities
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 : No
Virtual Trading *	Virtual Trading : -	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : -	iPhone Mobile App : Yes
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