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Indiabulls Securities Vs HDFC Sky Vs Groww: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “Indiabulls Securities Vs HDFC Sky Vs Groww: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare indiabulls securities vs hdfc sky vs groww on service, account opening charges and amc, compare indiabulls securities vs hdfc sky 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 Indiabulls Securities vs HDFC Sky vs Groww on Service
- Account Opening Charges and AMC
- Compare Indiabulls Securities vs HDFC Sky vs Groww on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Indiabulls Securities vs HDFC Sky vs Groww on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare Indiabulls Securities vs HDFC Sky vs Groww on Transaction Charges
- Account Features
- Compare Indiabulls Securities vs HDFC Sky vs Groww on Account Features
- Trading Platform
- Compare Indiabulls Securities vs HDFC Sky vs Groww on Trading Platform
- Broker Ratings by Users
- Compare Indiabulls Securities vs HDFC Sky vs Groww on User Rating
- Investment Offerings
- Compare Indiabulls Securities vs HDFC Sky vs Groww on Investment Offerings
- Margin Trading Facility
- Compare Indiabulls Securities vs HDFC Sky vs Groww on MTF
- API
- Compare Indiabulls Securities vs HDFC Sky vs Groww on API Details
- Customer Service Offered
- Compare Indiabulls Securities vs HDFC Sky vs Groww on Customer Service
- Tips/Research/Reports Published
- Compare Indiabulls Securities vs HDFC Sky vs Groww on Research Reports, Tips
- Demat Account
- Compare Indiabulls Securities vs HDFC Sky vs Groww on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Indiabulls Securities vs HDFC Sky 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.
- Low-cost trading with Rs 20 maximum brokerage charged.
- Trade or invest in NSE and BSE listed stocks and F&O
- No 3-in-1 account opening services.
- No 24/7 customer support.
- 💹 Max ₹11 per Order Brokerage on Equity, F&O, Commodities & Currency
- 💹 Max ₹20 Brokerage per Order on All Trades
- Last Updated on Sat, May 9, 2026
Data Tables
| Segment |
Indiabulls Securities |
HDFC Sky |
Groww |
| Trading Account Opening Fees |
Free |
Free |
Free |
| Trading AMC |
Free |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
Free |
| Demat AMC |
Rs 25 + GST per month from 1st month |
Rs 240 PA (Free for 1st year) |
Free |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
Indiabulls Securities |
HDFC Sky |
Groww |
| Multiple Plans |
No |
No |
No |
| Monthly Plans |
Yes |
No |
No |
| Yearly Plans |
No |
No |
No |
|
Indiabulls Securities |
HDFC Sky |
Groww |
| Account Opening Request |
|
|
Link to open account |
| Transaction Charges Compare |
Indiabulls Securities |
HDFC Sky |
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 indiabulls-securities |
Complete Brokerage Plans for hdfc-sky |
Complete Brokerage Plans for groww |
| Account Features Compare |
Indiabulls Securities |
HDFC Sky |
Groww |
| 3 in 1 Account |
No |
Yes |
No |
| Charting |
Yes |
Yes |
Yes |
| Algo Trading |
Yes |
No |
No |
| SMS Alerts |
Yes |
Yes |
No |
| Online Demo |
No |
Yes |
No |
| Online Portfolio |
Yes |
Yes |
Yes |
| Margin Trading Funding Available |
Yes |
Yes |
Yes |
| Combined Ledger for Equity and Commodity |
Yes |
Yes |
Yes |
| Intraday Square-off Time |
3:15PM |
3:15PM |
3:10 PM |
| NRI Trading |
Yes |
Yes |
No |
| Other Features |
|
NIL |
NIL |
| Trading Platform Compare |
Indiabulls Securities |
HDFC Sky |
Groww |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
Power Indiabulls Web |
https://hdfcsky.com/ |
Yes |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
Yes |
| Mobile Trading App |
Indiabulls Securities App |
HDFC Sky App |
Groww App |
| Mobile Trading App Demo |
Indiabulls Securities App |
HDFC Sky App |
Groww App |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android Indiabulls Securities App Download |
Android HDFC Sky App Download |
Android Groww App Download |
| iPhone Mobile App (IOS) |
Yes |
No |
Yes |
| iOS App Download |
iOS Indiabulls Securities App Download |
iOS HDFC Sky App 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 Indiabulls Securities |
Equity Intraday and Delivery Brokerage Calculator for HDFC Sky |
Equity Intraday and Delivery Brokerage Calculator for Groww |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for Indiabulls Securities |
Futures Brokerage Calculator for HDFC Sky |
Futures Brokerage Calculator for Groww |
| Options Brokerage Calculator |
Option Brokerage Calculator for Indiabulls Securities |
Option Brokerage Calculator for HDFC Sky |
Option Brokerage Calculator for Groww |
| Detail |
Detail on Trading Platforms for Indiabulls Securities |
Detail on Trading Platforms for HDFC Sky |
Detail on Trading Platforms for Groww |
|
Indiabulls Securities |
HDFC Sky |
Groww |
|
34 Customer reviews Rate |
99 Customer reviews Rate |
14 Customer reviews Rate |
| Fees Ratings |
3.6 |
2.5 |
4.2 |
| Trading Brokerage Rating |
3.5 |
2.1 |
3.6 |
| Trading Platform Usability |
3.9 |
3.0 |
3.9 |
| Customer Service Ratings |
3.4 |
2.8 |
3.4 |
| Overall Rating |
3.6 |
2.5 |
4.0 |
| Broker Rating |
Indiabulls Securities is Rated 3.6 / 5 based on 34 customer reviews |
HDFC Sky is Rated 2.5 / 5 based on 99 customer reviews |
Groww is Rated 4.00 / 5 based on 14 customer reviews |
| Investment Offerings Compare |
Indiabulls Securities |
HDFC Sky |
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 |
No |
Yes |
No |
| Insurance |
No |
No |
No |
| Forex |
No |
No |
No |
| MF SIP Investment |
Yes |
Yes |
Yes |
| Equity SIP Investment |
Yes |
Yes |
Yes |
| PMS Service |
No |
No |
No |
| Other Investment Options |
Research & Advisory |
|
NIL |
| MTF Compare |
Indiabulls Securities |
HDFC Sky |
Groww |
| MTF Leverage |
Up to about 4x leverage |
– |
Upto 4x leverage with MTF |
| MTF Interest Rate |
14% p.a. |
– |
0.041% per day (14.95% per annum) |
| MTF Segment |
Equity Delivery |
– |
Equity Delivery |
| MTF Pledge Charges |
₹20 per ISIN per pledge |
– |
₹20 per order |
| MTF Unpledged Charges |
₹20 per ISIN per unpledge |
– |
₹20 per order |
| Maximum MTF Funding |
– |
– |
NA |
| API Compare |
Indiabulls Securities |
HDFC Sky |
Groww |
| API Type |
Portfolio API Order API WebSocket API Report API Basket API ScripMaster API |
– |
Trading APIs Portfolio API Ordering API Live Data API Smart Order API Historical Data APIs |
| API Charges |
Free |
– |
₹499/month |
| Customer Service Compare |
Indiabulls Securities |
HDFC Sky |
Groww |
| 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 |
No |
| Through Branches |
Yes |
Yes |
No |
| Customer Care Number |
022-61446300 |
1800 121 2109 |
9108800604 |
| Account Opening Process |
Online paperless |
Online |
Online |
| Customer Support Email |
[email protected] |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://www.ibullssecurities.com/blogs-page |
https://hdfcsky.com/learn |
https://groww.in/digest |
| Head Office Address |
Indiabulls Securities HeadofficePlot no. 108, 5th Floor, IT Park, Udyog Vihar, Phase – I, Gurugram – 122016 |
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA, 8 FLR, NEAR KANJURMARG RLYSTN, KANJURMARG,MUMBAI-MH-400042 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website |
https://www.ibullssecurities.com/ |
https://hdfcsky.com/ |
https://groww.in/ |
|
Indiabulls Securities |
HDFC Sky |
Groww |
| Research Mutual Funds |
No |
Yes |
No |
| Research Equity Reports |
Yes |
Yes |
No |
| Research ETF |
No |
Yes |
No |
| Daily Market Report |
No |
Yes |
No |
| Free Tips |
No |
Yes |
No |
| Quarterly Result Analysis |
No |
Yes |
No |
| News Alerts |
Yes |
Yes |
No |
|
Indiabulls Securities |
HDFC Sky |
Groww |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
29900 |
12400 |
88700 |
| Demat Account Annual Maintenance Charges(AMC) |
Rs 25/month AMC + GST |
₹750 pa |
Zero |
| Advance Deposit |
Nil |
Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- |
Nil |
| Statutory charges |
Nil |
Nil |
Legal Charges |
| Transaction Charges on Debit (Per ISIN) |
For BSDARs. 50/- or .05% of the transaction value (whichever is Higher).For Non BSDA-within Indiabulls: ₹20/- or .02% of the transaction value (whichever is Higher). For Non BSDA-Outside Indiabulls ₹30/- or .03% of the transaction value (whichever |
0.04% (Min ₹20) + CDSL charges |
₹8 + ₹5.50 CDSL charges |
| Demat |
₹5 per certificate (Min ₹50 per request) |
₹5 per certificate + ₹35 request charges |
₹150 per certificate + courier charges |
| Remat |
₹35/- for every 100 securities/MF units or part thereof |
₹30 |
₹150 per certificate + courier charges |
| Pledge Creation |
₹35 or .02% of the transaction value (whichever is higher) |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation |
₹35 or .02% of the transaction value (whichever is higher) |
0.04% of transaction value (Min ₹40) |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure |
₹35 or .02% of the transaction value (whichever is higher) |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure Confirmation |
₹35 or .02% of the transaction value (whichever is higher) |
0.04% of transaction value (Min ₹40) |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Invocation |
₹35 or .02% of the transaction value (whichever is higher) |
0.04% of transaction value (Min ₹40) |
₹20 + Rs. 12 per request (CDSL Charges) |
| Failed Instruction Charges |
Nil |
Nil |
₹50 |
| Other Charges |
Nil |
Nil |
Nil |
|
Indiabulls Securities |
HDFC Sky |
Groww |
| Likes |
Investment Product Suite with access to stocks, derivatives, currencies, commodities, IPOs, mutual funds, and other products. Quick and hassle-free onboarding process via Indiabulls Securities app or website Comprehensive trading platforms with mobile app, web portal, and PIB desktop terminal Offers advanced orders like basket order, bracket order, cover order. Free API Access and IB Algo for algo trading NRI trading is available with Indiabulls Securities. Detail Review… |
✅ 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… |
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 |
No 3-in-1 account opening services. No 24/7 customer support. Detail Review… |
❌ Cons Delivery trades not free (Zerodha offers free delivery) No desktop trading terminal Direct mutual funds are not supported 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 offer from Indiabulls for InvestorGain Visitors 🆓 Free Account Opening 💹 Max ₹11 per Order Brokerage on Equity, F&O, Commodities & Currency 💰 Free Mutual Funds & IPO Investment ⚡ Trade up to 4x Margin on MTF 🚀 Open Instant Indiabulls Account Now! |
|
🎁 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! |
|
|
|
Open Groww Account Now |
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