ResourceIPO
HDFC Sky Vs Fyers Vs AxisDirect: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “HDFC Sky Vs Fyers Vs AxisDirect: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare hdfc sky vs fyers vs axisdirect on service, account opening charges and amc, compare hdfc sky vs fyers vs axisdirect on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare HDFC Sky vs Fyers vs AxisDirect on Service
- Account Opening Charges and AMC
- Compare HDFC Sky vs Fyers vs AxisDirect on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare HDFC Sky vs Fyers vs AxisDirect on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare HDFC Sky vs Fyers vs AxisDirect on Transaction Charges
- Account Features
- Compare HDFC Sky vs Fyers vs AxisDirect on Account Features
- Trading Platform
- Compare HDFC Sky vs Fyers vs AxisDirect on Trading Platform
- Broker Ratings by Users
- Compare HDFC Sky vs Fyers vs AxisDirect on User Rating
- Investment Offerings
- Compare HDFC Sky vs Fyers vs AxisDirect on Investment Offerings
- Margin Trading Facility
- Compare HDFC Sky vs Fyers vs AxisDirect on MTF
- API
- Compare HDFC Sky vs Fyers vs AxisDirect on API Details
- Customer Service Offered
- Compare HDFC Sky vs Fyers vs AxisDirect on Customer Service
- Tips/Research/Reports Published
- Compare HDFC Sky vs Fyers vs AxisDirect on Research Reports, Tips
- Demat Account
- Compare HDFC Sky vs Fyers vs AxisDirect on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare HDFC Sky vs Fyers vs AxisDirect on Special Offers and Promotion
- ✅ Pros
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Trade on BSE, NSE, and MCX
- Rs 20 fixed brokerage on all segments
- Cheapest Rs 50/order brokerage on NRI trading
- Open paperless 3-in-1 account (Bank + Demat + Trading).
- One-stop shop to trade on BSE, NSE, and MCX.
- Trade in options at flat Rs. 10/order.
- No 3-in-1 account offering
- 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency
- Last Updated on Mon, Nov 24, 2025
Data Tables
| Segment |
HDFC Sky |
Fyers |
AxisDirect |
| Trading Account Opening Fees |
Free |
Free |
Rs 999 |
| Trading AMC |
Free |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
Free |
| Demat AMC |
Rs 240 PA (Free for 1st year) |
Free |
Rs 750 PA (Free for 1st year) |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
HDFC Sky |
Fyers |
AxisDirect |
| Multiple Plans |
No |
Yes |
Yes |
| Monthly Plans |
No |
No |
No |
| Yearly Plans |
No |
No |
No |
|
HDFC Sky |
Fyers |
AxisDirect |
| Account Opening Request |
|
Link to open account |
|
| Transaction Charges Compare |
HDFC Sky |
Fyers |
AxisDirect |
| Equity Delivery |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Intraday |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Futures |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
| Equity Options |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
| Currency Options |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for hdfc-sky |
Complete Brokerage Plans for fyers |
Complete Brokerage Plans for axisdirect |
| Account Features Compare |
HDFC Sky |
Fyers |
AxisDirect |
| 3 in 1 Account |
Yes |
No |
Yes |
| Charting |
Yes |
Yes |
Yes |
| Algo Trading |
No |
Yes |
No |
| SMS Alerts |
Yes |
No |
Yes |
| Online Demo |
Yes |
Yes |
Yes |
| Online Portfolio |
Yes |
No |
Yes |
| Margin Trading Funding Available |
Yes |
No |
Yes |
| Combined Ledger for Equity and Commodity |
Yes |
Yes |
Yes |
| Intraday Square-off Time |
3:15PM |
3:15 PM |
2:45 PM |
| NRI Trading |
Yes |
Yes |
Yes |
| Other Features |
NIL |
Fyers 30 Day Challenge |
NIL |
| Trading Platform Compare |
HDFC Sky |
Fyers |
AxisDirect |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
https://hdfcsky.com/ |
Fyers Web |
https://login.axisdirect.in/ |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
Yes |
| Mobile Trading App |
HDFC Sky App |
Fyers Mobile App |
AxisDirect Ring Mobile App |
| Mobile Trading App Demo |
HDFC Sky App |
Fyers Mobile App |
AxisDirect Ring Mobile App |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android HDFC Sky App Download |
Android Fyers Mobile App Download |
Android AxisDirect Ring Mobile App Download |
| iPhone Mobile App (IOS) |
No |
Yes |
Yes |
| iOS App Download |
iOS HDFC Sky App Download |
iOS Fyers Mobile App Download |
iOS AxisDirect Ring Mobile App Download |
| Android Tablet App |
Yes |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
Yes |
| Trading Software Charges |
Free |
Free |
Yes, DirectTrade – Rs 2999 PA |
| Equity Brokerage Calculator |
Equity Intraday and Delivery Brokerage Calculator for HDFC Sky |
Equity Intraday and Delivery Brokerage Calculator for Fyers |
Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for HDFC Sky |
Futures Brokerage Calculator for Fyers |
Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator |
Option Brokerage Calculator for HDFC Sky |
Option Brokerage Calculator for Fyers |
Option Brokerage Calculator for AxisDirect |
| Detail |
Detail on Trading Platforms for HDFC Sky |
Detail on Trading Platforms for Fyers |
Detail on Trading Platforms for AxisDirect |
|
HDFC Sky |
Fyers |
AxisDirect |
|
99 Customer reviews Rate |
11 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
2.5 |
3.5 |
0.8 |
| Trading Brokerage Rating |
2.1 |
3.6 |
0.6 |
| Trading Platform Usability |
3.0 |
3.5 |
0.9 |
| Customer Service Ratings |
2.8 |
3.5 |
0.8 |
| Overall Rating |
2.5 |
3.2 |
0.7 |
| Broker Rating |
HDFC Sky is Rated 2.5 / 5 based on 99 customer reviews |
Fyers is Rated 3.2 / 5 based on 11 customer reviews |
AxisDirect is Rated 0.70 / 5 based on 20 customer reviews |
| Investment Offerings Compare |
HDFC Sky |
Fyers |
AxisDirect |
| Equity Cash and F&O |
Yes |
Yes |
Yes |
| Currency Derivatives |
Yes |
Yes |
Yes |
| Commodity |
Yes |
Yes |
Yes |
| Online IPO Application |
Yes |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
Yes |
| Bonds / NCD |
Yes |
No |
Yes |
| ETF |
Yes |
Yes |
Yes |
| Banking |
Yes |
No |
Yes |
| Insurance |
No |
No |
Yes |
| Forex |
No |
No |
No |
| MF SIP Investment |
Yes |
Yes |
Yes |
| Equity SIP Investment |
Yes |
No |
Yes |
| PMS Service |
No |
No |
No |
| Other Investment Options |
|
NIL |
NIL |
| MTF Compare |
HDFC Sky |
Fyers |
AxisDirect |
| MTF Leverage |
– |
Up to 4x leverage on 1600+ stocks |
– |
| MTF Interest Rate |
– |
12.49% – 16.49% per annum (Slab-based MTF Interest rates) |
– |
| MTF Segment |
– |
Equity Delivery |
– |
| MTF Pledge Charges |
– |
₹12 per stock |
– |
| MTF Unpledged Charges |
– |
₹12 per stock |
– |
| Maximum MTF Funding |
– |
Upto ₹50 Lakh per account |
– |
| API Compare |
HDFC Sky |
Fyers |
AxisDirect |
| API Type |
– |
Fyers API is a set of online tools by Fyers that lets you connect your own software to your trading account to place orders and access market data automatically. |
– |
| API Charges |
– |
Free |
– |
| Customer Service Compare |
HDFC Sky |
Fyers |
AxisDirect |
| 24/7 Customer Service |
No |
No |
No |
| Email Support |
Yes |
Yes |
Yes |
| Online Live Chat |
No |
No |
Yes |
| Phone Support |
Yes |
Yes |
Yes |
| Toll Free Number |
No |
No |
Yes |
| Through Branches |
Yes |
No |
Yes |
| Customer Care Number |
1800 121 2109 |
08060001111 |
022-61480808 |
| Account Opening Process |
Online |
100% online and paperless proc |
Online |
| Customer Support Email |
[email protected] |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://hdfcsky.com/learn |
https://fyers.in/school-of-stocks/ |
https://simplehai.axisdirect.in/learn/overview |
| Head Office Address |
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA, 8 FLR, NEAR KANJURMARG RLYSTN, KANJURMARG,MUMBAI-MH-400042 |
Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar,Bangalore – 560009 |
Unit No. 2, Phoenix Market City,15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website |
https://hdfcsky.com/ |
https://fyers.in/ |
https://simplehai.axisdirect.in |
|
HDFC Sky |
Fyers |
AxisDirect |
| Research Mutual Funds |
Yes |
No |
Yes |
| Research Equity Reports |
Yes |
No |
Yes |
| Research ETF |
Yes |
No |
Yes |
| Daily Market Report |
Yes |
No |
Yes |
| Free Tips |
Yes |
No |
Yes |
| Quarterly Result Analysis |
Yes |
No |
Yes |
| News Alerts |
Yes |
Yes |
Yes |
|
HDFC Sky |
Fyers |
AxisDirect |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
12400 |
89400 |
49200 |
| Demat Account Annual Maintenance Charges(AMC) |
₹750 pa |
Free |
₹500 pa |
| Advance Deposit |
Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- |
Nil |
Nil |
| Statutory charges |
Nil |
Nil |
Nil |
| Transaction Charges on Debit (Per ISIN) |
0.04% (Min ₹20) + CDSL charges |
₹7 + ₹5.50 (CDSL Charges) per transaction |
₹10 |
| Demat |
₹5 per certificate + ₹35 request charges |
₹0 |
₹3 per certificate |
| Remat |
₹30 |
₹0 |
₹10 for every hundred securities (Min ₹10) |
| Pledge Creation |
Nil |
Nil |
₹25 |
| Pledge Creation Confirmation |
0.04% of transaction value (Min ₹40) |
Nil |
₹25 |
| Pledge Closure |
Nil |
Nil |
₹25 |
| Pledge Closure Confirmation |
0.04% of transaction value (Min ₹40) |
Nil |
₹25 |
| Pledge Invocation |
0.04% of transaction value (Min ₹40) |
Nil |
Nil |
| Failed Instruction Charges |
Nil |
Nil |
Nil |
| Other Charges |
Nil |
Stamp Charges ₹50, |
Nil |
|
HDFC Sky |
Fyers |
AxisDirect |
| Likes |
✅ Pros Free account opening Zero AMC (1st year) Flat ₹20 brokerage Invest in US stocks Free research & daily trading calls Advanced order types (BO, CO, OCO, GTT) No minimum balance Modern mobile app Detail Review… |
Trade on BSE, NSE, and MCX Free IPO and mutual funds investment Rs 20 fixed brokerage on all segments Invest in IPOs, OFS, SGBs, G-secs, and T-bills Cheapest Rs 50/order brokerage on NRI trading User-friendly mobile app and website for investors Fyers Next and Fyers One high-speed trading terminal for traders Fyers Thematic Investing: Invest in expert expert-curated basket of stocks. Start Algo trading Access with Fyers API for free Bracket order, cover order, GTT, AMO, basket order Fyers School of Stocks, a free stock market learning platform. Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc. Detail Review… |
Open paperless 3-in-1 account (Bank + Demat + Trading). One-stop shop to trade on BSE, NSE, and MCX. Zero Demat AMC for 1st year for Axis Bank account holders. Multiple brokerage plans for traders and investors. Trade in options at flat Rs. 10/order. Unlimited Brokerage-free options trading for the first month. Ring revolutionary app and desktop-based platforms provide an investment opportunity. Free trading tools like scanners, options strategies, advanced charting, & indicators. Get free trading calls, investment ideas, and research reports. Hassle-free investment in bonds & debenture on the “Yield” platform. AI-powered investment ideas and wealth management advisory services. Buy Now and Pay Later with E-margin. Free 20 calls per month. Detail Review… |
| Dislikes |
❌ Cons Delivery trades not free (Zerodha offers free delivery) No desktop trading terminal Direct mutual funds are not supported Detail Review… |
No unlimited zero brokerage monthly plans No 3-in-1 account offering No mutual fund investment app Research reports are not offered free Detail Review… |
High account opening fees. It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc. It does not have a flat discount brokerage plan. Detail Review… |
| Special Offers/Promo |
|
🔷 Current Promotion Offer from Fyers for InvestorGain Visitors: 🆓 Lifetime “ZERO” Demat AMC Account 🌱 Free Direct Mutual Funds & IPO Investment 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency 🚀 Open Instant Fyers Account Now! |
|
|
|
Open Fyers Account Now |
|
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