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HDFC SKY vs SBICAP Securities (Compare HDFC SKY and SBICAP Securities)

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 SBICAP Securities, Below comparison of HDFC SKY vs SBICAP Securities 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 SBICAP Securities is given below:

HDFC SKY

SBICAP Securities

	HDFC SKY	SBICAP Securities

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

SBICAP Securities :

"SBICAP Securities is certainly a renowned name in share brokerage Industry with over 2lakh active customer base, powerful online trading tools, Research based investm >>> more

Find More Information about the Broker :

HDFC SKY :

OVERVIEW

SBICAP Securities :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING

Type of Broker

HDFC SKY :

Discount Broker

SBICAP Securities :

Full Service Broker

Promo/offers

HDFC SKY :

N/A

SBICAP Securities :

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

SBICAP Securities :

3-in-1 online trading account.
Full-service broker
Supported by both NSE and BSE
Research tips and research reports are up to the mark
Instant fund and share transfer facility available
Huge geographical availability
SBICAP offer 30 calls free in a month

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

SBICAP Securities :

Trading account and demat account opening fees are comparatively high.
24/7 customer services are not provided
The low user experience when comes to technology

Why This

HDFC SKY :

SBICAP Securities :

SBICAP Securities believes in making you take right decision by yourself. They provide excellent guidance for the investment.
Being bank broker, they provide a 3-in-1 account (Demat+Trading+Bank Account)
The bank account is linked with trading account making your transactions simpler.
There is long list of product and service of SBICAP Securities and also provide facilities to Indian and NRIs. They provide services of Mutual funds, IPOs, Equity Cash, Equity Derivatives, Currency Derivatives, Loan against securities.and many more.

HDFC SKY vs SBICAP Securities Account Opening & AMC Charges

- and SBICAP Securities Trading Account Opening Fee is Rs 850 . - and SBICAP Securities Demat Account AMC is Rs 350 .

	HDFC SKY	SBICAP Securities
Trading Account Opening Fee	Trading Account Opening Fee : -	Trading Account Opening Fee : Rs 850
Demat Account Opening Fee	Demat Account Opening Fee : -	Demat Account Opening Fee : Rs 0
Demat Account AMC	Demat Account AMC : -	Demat Account AMC : Rs 350
Trading Account AMC	Trading Account AMC : -	Trading Account AMC : Rs 0

HDFC SKY vs SBICAP Securities Brokerage Charges

HDFC SKY Brokerage Charges SBICAP Securities Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% and Equity Options is Rs 100 per lot .

	HDFC SKY	SBICAP Securities
Plan Name	-	Plan Name : eZ-trade
Equity Delivery	-	Equity Delivery : 0.50%
Equity Intraday	-	Equity Intraday : 0.05%
Equity Future	-	Equity Future : 0.05%
Equity Options	-	Equity Options : Rs 100 per lot
Currency Futures	-	Currency Futures : 0.03%
Currency Options	-	Currency Options : Rs 30 per lot
Monthly Fee	-	Monthly Fee : -
Margin Trading	-	Margin Trading : -
Commodity Futures	-	Commodity Futures : NA
Commodity Options	-	Commodity Options : NA

HDFC SKY vs SBICAP Securities Exchange Transaction Charges

HDFC SKY Exchange Transaction Charges - and - . SBICAP Securities 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	SBICAP Securities
Equity Delivery	Equity Delivery : -	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : -	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : -	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : -	Equity Options : NSE Rs 5000 per Cr (0.05%) \| 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 : -

HDFC SKY vs SBICAP Securities Other Charges

HDFC SKY and . SBICAP Securities Minimum Brokerage is Rs 0.05 for Cash, Rs 0.01 Future and Call & Trade is Rs 10 per call (after 30 free calls a month) .

	HDFC SKY	SBICAP Securities
Minimum Brokerage	Minimum Brokerage : -	Minimum Brokerage : Rs 0.05 for Cash, Rs 0.01 Future
Call & Trade	Call & Trade : -	Call & Trade : Rs 10 per call (after 30 free calls a month)
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : 0.01% (Minimum ₹21, Maximum ₹300)
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -

HDFC SKY vs SBICAP Securities Features

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

	HDFC SKY	SBICAP Securities
Trading Platform	Trading Platform : -	Trading Platform : SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : No
Trading Alerts	Trading Alerts : -	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : -	Detailed Education Initiatives : Yes
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

HDFC SKY vs SBICAP Securities Demat Account Charges

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

	HDFC SKY	SBICAP Securities
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 : Nil
AMC	AMC : -	AMC : Individual Account:Â Rs 750 (Rs 500 for e-statement)
Dematerialisation Charges	Dematerialisation Charges : -	Dematerialisation Charges : Rs 5 per cert + Rs 35 courier charges per request
Rematerialisation Charges	Rematerialisation Charges : -	Rematerialisation Charges : Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : -	Transaction Charges (debit) : Through POA - 0.01% of the transaction value (Minimum of Rs 21 and Maximum of Rs 300) per ISIN Through DIS - 0.04% of the transaction value (Minimum of Rs 30) per ISIN
Pledge Creation Charges	Pledge Creation Charges : -	Pledge Creation Charges : If SSL / SBI is the counter party:Ã‚Â 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges If SSL / SBI is not the counter party:Ã‚Â 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : If SSL / SBI is the counter party:Ã‚Â 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges If SSL / SBI is not the counter party:Ã‚Â 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges
Pledge Invocation Charges	Pledge Invocation Charges : -	Pledge Invocation Charges : If SSL / SBI is the counter party:Ã‚Â 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges If SSL / SBI is not the counter party:Ã‚Â 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : Rs 10 per failed instruction.
Other Charges	Other Charges : -	Other Charges : -

HDFC SKY vs SBICAP Securities Basic Details

HDFC SKY and and . SBICAP Securities Year of Incorporation is 2001 and Total Number of Clients is 1142868 and Total Number of Branches is 117 .

	HDFC SKY	SBICAP Securities
Year of Incorporation	Year of Incorporation : -	Year of Incorporation : 2001
Active Exchange Memberships	Active Exchange Memberships : -	Active Exchange Memberships : NSE, BSE
Demat Services	Demat Services : -	Demat Services : Yes
Website	Website : -	Website : http://www.sbismart.com
Contact Details	Contact Details : -	Contact Details : 18002099345
Total Number of Clients	Total Number of Clients : -	Total Number of Clients : 1,142,868
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 117
Products *	Products : -	Products : Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution

HDFC SKY vs SBICAP Securities Orders

Orders

	HDFC SKY	SBICAP Securities
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) : No
After Market Orders (AMO)	After Market Orders (AMO) : -	After Market Orders (AMO) : No
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) : No

HDFC SKY vs SBICAP Securities Research and Advice / Trading Tips

Research and Advice / Trading Tips

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

HDFC SKY vs SBICAP Securities Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	HDFC SKY	SBICAP Securities
Availability for franchisee / AP	Availability for franchisee / AP : -	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : Rs.1,00,000 to Rs.3,00,000

HDFC SKY vs SBICAP Securities Product & Services

HDFC SKY and SBICAP Securities 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	SBICAP Securities
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 : 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 : -
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 : Yes
Advanced Charting Features *	Advanced Charting Features : -	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : -	Brokerage Calculator : No
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 : No

HDFC SKY vs SBICAP Securities Customer Services

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

HDFC SKY vs SBICAP Securities Other Investement

HDFC SKY and SBICAP Securities 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	SBICAP Securities
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 : Yes
Investment in Bonds *	Investment in Bonds : -	Investment in Bonds : Yes
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : -	Investment in Corporate Debt instruments : Yes
Insurance Services *	Insurance Services : -	Insurance Services : No
Banking Services *	Banking Services : -	Banking Services : No

HDFC SKY vs SBICAP Securities Trading Platform

HDFC SKY and SBICAP Securities 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	SBICAP Securities
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 : Yes
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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