ResourceIPO
HDFC Sky Vs TradeSmart Vs AxisDirect: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “HDFC Sky Vs TradeSmart Vs AxisDirect: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare hdfc sky vs tradesmart vs axisdirect on service, account opening charges and amc, compare hdfc sky vs tradesmart 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 TradeSmart vs AxisDirect on Service
- Account Opening Charges and AMC
- Compare HDFC Sky vs TradeSmart vs AxisDirect on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare HDFC Sky vs TradeSmart vs AxisDirect on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare HDFC Sky vs TradeSmart vs AxisDirect on Transaction Charges
- Account Features
- Compare HDFC Sky vs TradeSmart vs AxisDirect on Account Features
- Trading Platform
- Compare HDFC Sky vs TradeSmart vs AxisDirect on Trading Platform
- Broker Ratings by Users
- Compare HDFC Sky vs TradeSmart vs AxisDirect on User Rating
- Investment Offerings
- Compare HDFC Sky vs TradeSmart vs AxisDirect on Investment Offerings
- Margin Trading Facility
- Compare HDFC Sky vs TradeSmart vs AxisDirect on MTF
- API
- Compare HDFC Sky vs TradeSmart vs AxisDirect on API Details
- Customer Service Offered
- Compare HDFC Sky vs TradeSmart vs AxisDirect on Customer Service
- Tips/Research/Reports Published
- Compare HDFC Sky vs TradeSmart vs AxisDirect on Research Reports, Tips
- Demat Account
- Compare HDFC Sky vs TradeSmart vs AxisDirect on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare HDFC Sky vs TradeSmart 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.
- Lowest brokerage: Trade at 15 flat brokerage fees.
- Online Direct mutual fund investment at Rs.0 brokerage.
- 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.
- 💹 Lowest Brokerage – Flat ₹15 per Order or 0.007%
- Last Updated on Mon, Nov 24, 2025
Data Tables
| Segment |
HDFC Sky |
TradeSmart |
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) |
Rs 300 PA (Free for 1st year) |
Rs 750 PA (Free for 1st year) |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
HDFC Sky |
TradeSmart |
AxisDirect |
| Multiple Plans |
No |
Yes |
Yes |
| Monthly Plans |
No |
No |
No |
| Yearly Plans |
No |
No |
No |
|
HDFC Sky |
TradeSmart |
AxisDirect |
| Account Opening Request |
|
|
|
| Transaction Charges Compare |
HDFC Sky |
TradeSmart |
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 trade-smart-online |
Complete Brokerage Plans for axisdirect |
| Account Features Compare |
HDFC Sky |
TradeSmart |
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 |
3:15PM |
2:45 PM |
| NRI Trading |
Yes |
No |
Yes |
| Other Features |
NIL |
NIL |
NIL |
| Trading Platform Compare |
HDFC Sky |
TradeSmart |
AxisDirect |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
https://hdfcsky.com/ |
https://web.tradesmartonline.in/login |
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 |
TradeSmart 2.0 |
AxisDirect Ring Mobile App |
| Mobile Trading App Demo |
HDFC Sky App |
TradeSmart 2.0 |
AxisDirect Ring Mobile App |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android HDFC Sky App Download |
Android TradeSmart 2.0 Download |
Android AxisDirect Ring Mobile App Download |
| iPhone Mobile App (IOS) |
No |
Yes |
Yes |
| iOS App Download |
iOS HDFC Sky App Download |
iOS TradeSmart 2.0 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 TradeSmart |
Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for HDFC Sky |
Futures Brokerage Calculator for TradeSmart |
Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator |
Option Brokerage Calculator for HDFC Sky |
Option Brokerage Calculator for TradeSmart |
Option Brokerage Calculator for AxisDirect |
| Detail |
Detail on Trading Platforms for HDFC Sky |
Detail on Trading Platforms for TradeSmart |
Detail on Trading Platforms for AxisDirect |
|
HDFC Sky |
TradeSmart |
AxisDirect |
|
99 Customer reviews Rate |
35 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
2.5 |
3.8 |
0.8 |
| Trading Brokerage Rating |
2.1 |
4.3 |
0.6 |
| Trading Platform Usability |
3.0 |
3.7 |
0.9 |
| Customer Service Ratings |
2.8 |
4.0 |
0.8 |
| Overall Rating |
2.5 |
3.9 |
0.7 |
| Broker Rating |
HDFC Sky is Rated 2.5 / 5 based on 99 customer reviews |
TradeSmart is Rated 3.9 / 5 based on 35 customer reviews |
AxisDirect is Rated 0.70 / 5 based on 20 customer reviews |
| Investment Offerings Compare |
HDFC Sky |
TradeSmart |
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 |
Yes |
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 |
TradeSmart |
AxisDirect |
| MTF Leverage |
– |
Up to 4x leverage |
– |
| MTF Interest Rate |
– |
0.049% per day |
– |
| MTF Segment |
– |
Equity Delivery |
– |
| MTF Pledge Charges |
– |
₹12 per scrip |
– |
| MTF Unpledged Charges |
– |
₹12 per scrip |
– |
| Maximum MTF Funding |
– |
₹50 Lakh per account |
– |
| API Compare |
HDFC Sky |
TradeSmart |
AxisDirect |
| API Type |
– |
Trading API Market Data API WebSocket API Webhook API Advanced order API |
– |
| API Charges |
– |
Free |
– |
| Customer Service Compare |
HDFC Sky |
TradeSmart |
AxisDirect |
| 24/7 Customer Service |
No |
No |
No |
| Email Support |
Yes |
Yes |
Yes |
| Online Live Chat |
No |
Yes |
Yes |
| Phone Support |
Yes |
Yes |
Yes |
| Toll Free Number |
No |
No |
Yes |
| Through Branches |
Yes |
No |
Yes |
| Customer Care Number |
1800 121 2109 |
022 61208000 |
022-61480808 |
| Account Opening Process |
Online |
Online/Paperless |
Online |
| Customer Support Email |
[email protected] |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://hdfcsky.com/learn |
https://help.tradesmartonline.in/ |
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 |
Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
Unit No. 2, Phoenix Market City,15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website |
https://hdfcsky.com/ |
https://tradesmartonline.in/ |
https://simplehai.axisdirect.in |
|
HDFC Sky |
TradeSmart |
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 |
No |
Yes |
|
HDFC Sky |
TradeSmart |
AxisDirect |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
12400 |
30400 |
49200 |
| Demat Account Annual Maintenance Charges(AMC) |
₹750 pa |
₹300 pa (1st Year 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 |
₹15 |
₹10 |
| Demat |
₹5 per certificate + ₹35 request charges |
₹500 per certificate (Min ₹500 per request) |
₹3 per certificate |
| Remat |
₹30 |
₹500 per certificate (Min ₹500 per request) |
₹10 for every hundred securities (Min ₹10) |
| Pledge Creation |
Nil |
₹15 per script |
₹25 |
| Pledge Creation Confirmation |
0.04% of transaction value (Min ₹40) |
Nil |
₹25 |
| Pledge Closure |
Nil |
₹15 per script |
₹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 |
Nil |
Nil |
|
HDFC Sky |
TradeSmart |
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… |
Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading? Trade in stocks, derivatives, currencies, and commodities. Lowest brokerage: Trade at 15 flat brokerage fees. Multiple trading platforms:TradeSmart Mobile App, Desktop and web. Super-efficient Trade Smart Box integrated back office portal. Tradetron Algo Trading with TradeSmart. No minimum balance is required. Instant UPI fund transfer. Free of cost Swing API. Apply for IPOs online using UPI. Online Direct mutual fund investment at Rs.0 brokerage. Online brokerage calculator to calculate trading cost upfront. TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts. Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO). Margin against shares (MAS) in your Demat account. No Hidden charges. 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… |
There are several disadvantages or limitations as well of trading with TradeSmart such as follows; You cannot invest in SME IPOs. NRIs cannot open a Demat and Trading account at Trade smart. It does not provide trading tips, research, and portfolio management services. 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 from TradeSmart for InvestorGain Visitors: 🆓 Free Account Opening 📭 Zero Demat AMC for the 1st Year 💹 Lowest Brokerage – Flat ₹15 per Order or 0.007% 🚀 Open Instant TradeSmart Account |
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