ResourceIPO
HDFC Sky Vs TradeSmart Vs Groww: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “HDFC Sky Vs TradeSmart Vs Groww: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare hdfc sky vs tradesmart vs groww on service, account opening charges and amc, compare hdfc sky vs tradesmart vs groww 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 Groww on Service
- Account Opening Charges and AMC
- Compare HDFC Sky vs TradeSmart vs Groww on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare HDFC Sky vs TradeSmart vs Groww on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare HDFC Sky vs TradeSmart vs Groww on Transaction Charges
- Account Features
- Compare HDFC Sky vs TradeSmart vs Groww on Account Features
- Trading Platform
- Compare HDFC Sky vs TradeSmart vs Groww on Trading Platform
- Broker Ratings by Users
- Compare HDFC Sky vs TradeSmart vs Groww on User Rating
- Investment Offerings
- Compare HDFC Sky vs TradeSmart vs Groww on Investment Offerings
- Margin Trading Facility
- Compare HDFC Sky vs TradeSmart vs Groww on MTF
- API
- Compare HDFC Sky vs TradeSmart vs Groww on API Details
- Customer Service Offered
- Compare HDFC Sky vs TradeSmart vs Groww on Customer Service
- Tips/Research/Reports Published
- Compare HDFC Sky vs TradeSmart vs Groww on Research Reports, Tips
- Demat Account
- Compare HDFC Sky vs TradeSmart vs Groww on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare HDFC Sky vs TradeSmart vs Groww 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.
- Low-cost trading with Rs 20 maximum brokerage charged.
- Trade or invest in NSE and BSE listed stocks and F&O
- 💹 Lowest Brokerage – Flat ₹15 per Order or 0.007%
- 💹 Max ₹20 Brokerage per Order on All Trades
- Last Updated on Mon, Nov 24, 2025
Data Tables
| Segment |
HDFC Sky |
TradeSmart |
Groww |
| Trading Account Opening Fees |
Free |
Free |
Free |
| 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) |
Free |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
HDFC Sky |
TradeSmart |
Groww |
| Multiple Plans |
No |
Yes |
No |
| Monthly Plans |
No |
No |
No |
| Yearly Plans |
No |
No |
No |
|
HDFC Sky |
TradeSmart |
Groww |
| Account Opening Request |
|
|
Link to open account |
| Transaction Charges Compare |
HDFC Sky |
TradeSmart |
Groww |
| 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 groww |
| Account Features Compare |
HDFC Sky |
TradeSmart |
Groww |
| 3 in 1 Account |
Yes |
No |
No |
| Charting |
Yes |
Yes |
Yes |
| Algo Trading |
No |
Yes |
No |
| SMS Alerts |
Yes |
No |
No |
| Online Demo |
Yes |
Yes |
No |
| 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 |
3:10 PM |
| NRI Trading |
Yes |
No |
No |
| Other Features |
NIL |
NIL |
NIL |
| Trading Platform Compare |
HDFC Sky |
TradeSmart |
Groww |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
https://hdfcsky.com/ |
https://web.tradesmartonline.in/login |
Yes |
| 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 |
Groww App |
| Mobile Trading App Demo |
HDFC Sky App |
TradeSmart 2.0 |
Groww App |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android HDFC Sky App Download |
Android TradeSmart 2.0 Download |
Android Groww App Download |
| iPhone Mobile App (IOS) |
No |
Yes |
Yes |
| iOS App Download |
iOS HDFC Sky App Download |
iOS TradeSmart 2.0 Download |
iOS Groww App Download |
| Android Tablet App |
Yes |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
Yes |
| Trading Software Charges |
Free |
Free |
Free |
| 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 Groww |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for HDFC Sky |
Futures Brokerage Calculator for TradeSmart |
Futures Brokerage Calculator for Groww |
| Options Brokerage Calculator |
Option Brokerage Calculator for HDFC Sky |
Option Brokerage Calculator for TradeSmart |
Option Brokerage Calculator for Groww |
| Detail |
Detail on Trading Platforms for HDFC Sky |
Detail on Trading Platforms for TradeSmart |
Detail on Trading Platforms for Groww |
|
HDFC Sky |
TradeSmart |
Groww |
|
99 Customer reviews Rate |
35 Customer reviews Rate |
14 Customer reviews Rate |
| Fees Ratings |
2.5 |
3.8 |
4.2 |
| Trading Brokerage Rating |
2.1 |
4.3 |
3.6 |
| Trading Platform Usability |
3.0 |
3.7 |
3.9 |
| Customer Service Ratings |
2.8 |
4.0 |
3.4 |
| Overall Rating |
2.5 |
3.9 |
4.0 |
| 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 |
Groww is Rated 4.00 / 5 based on 14 customer reviews |
| Investment Offerings Compare |
HDFC Sky |
TradeSmart |
Groww |
| Equity Cash and F&O |
Yes |
Yes |
Yes |
| Currency Derivatives |
Yes |
Yes |
No |
| Commodity |
Yes |
Yes |
Yes |
| Online IPO Application |
Yes |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
Yes |
| Bonds / NCD |
Yes |
Yes |
No |
| ETF |
Yes |
Yes |
Yes |
| Banking |
Yes |
No |
No |
| Insurance |
No |
No |
No |
| 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 |
Groww |
| MTF Leverage |
– |
Up to 4x leverage |
Upto 4x leverage with MTF |
| MTF Interest Rate |
– |
0.049% per day |
0.041% per day (14.95% per annum) |
| MTF Segment |
– |
Equity Delivery |
Equity Delivery |
| MTF Pledge Charges |
– |
₹12 per scrip |
₹20 per order |
| MTF Unpledged Charges |
– |
₹12 per scrip |
₹20 per order |
| Maximum MTF Funding |
– |
₹50 Lakh per account |
NA |
| API Compare |
HDFC Sky |
TradeSmart |
Groww |
| API Type |
– |
Trading API Market Data API WebSocket API Webhook API Advanced order API |
Trading APIs Portfolio API Ordering API Live Data API Smart Order API Historical Data APIs |
| API Charges |
– |
Free |
₹499/month |
| Customer Service Compare |
HDFC Sky |
TradeSmart |
Groww |
| 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 |
No |
| Through Branches |
Yes |
No |
No |
| Customer Care Number |
1800 121 2109 |
022 61208000 |
9108800604 |
| 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://groww.in/digest |
| 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 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website |
https://hdfcsky.com/ |
https://tradesmartonline.in/ |
https://groww.in/ |
|
HDFC Sky |
TradeSmart |
Groww |
| Research Mutual Funds |
Yes |
No |
No |
| Research Equity Reports |
Yes |
No |
No |
| Research ETF |
Yes |
No |
No |
| Daily Market Report |
Yes |
No |
No |
| Free Tips |
Yes |
No |
No |
| Quarterly Result Analysis |
Yes |
No |
No |
| News Alerts |
Yes |
No |
No |
|
HDFC Sky |
TradeSmart |
Groww |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
12400 |
30400 |
88700 |
| Demat Account Annual Maintenance Charges(AMC) |
₹750 pa |
₹300 pa (1st Year Free) |
Zero |
| 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 |
Legal Charges |
| Transaction Charges on Debit (Per ISIN) |
0.04% (Min ₹20) + CDSL charges |
₹15 |
₹8 + ₹5.50 CDSL charges |
| Demat |
₹5 per certificate + ₹35 request charges |
₹500 per certificate (Min ₹500 per request) |
₹150 per certificate + courier charges |
| Remat |
₹30 |
₹500 per certificate (Min ₹500 per request) |
₹150 per certificate + courier charges |
| Pledge Creation |
Nil |
₹15 per script |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation |
0.04% of transaction value (Min ₹40) |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure |
Nil |
₹15 per script |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure Confirmation |
0.04% of transaction value (Min ₹40) |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Invocation |
0.04% of transaction value (Min ₹40) |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
| Failed Instruction Charges |
Nil |
Nil |
₹50 |
| Other Charges |
Nil |
Nil |
Nil |
|
HDFC Sky |
TradeSmart |
Groww |
| 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… |
Easy onboarding process Low-cost trading with Rs 20 maximum brokerage charged. Trade or invest in NSE and BSE listed stocks and F&O Zero platform fee to use Groww app Get instant and flexible loans on Groww GTT order, basket order, and stop-loss order Buy with upto 4x leverage with Margin Trading Funding (MTF) 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… |
No NRI Trading No intraday tips, calls, research & advisory Does not provide desktop exe based platform. No customer helpline number Groww is not onboarding new users for US trading account. 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 |
🎁 Current Offer from Groww for InvestorGain Visitors: ✅ Free Groww Demat & Trading Account 📭 Zero Demat AMC for Lifetime 💹 Max ₹20 Brokerage per Order on All Trades 🌱 Free Mutual Funds & IPO Investments 🚀 Open Instant Groww Account Now! |
|
|
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Open Groww Account Now |
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