ResourceStock Brokers
HDFC Sky Vs TradeSmart: Which one is better?
Last updated August 26, 2026
This IPO News reference page covers “HDFC Sky Vs TradeSmart: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare hdfc sky vs tradesmart on service, account opening charges and amc, compare hdfc sky vs tradesmart 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 on Service
- Account Opening Charges and AMC
- Compare HDFC Sky vs TradeSmart on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare HDFC Sky vs TradeSmart on Plan Options
- Account Opening
- Brokerage Charges
- Compare HDFC Sky vs TradeSmart on Transaction Charges
- Share Broker's Transaction Charges
- Account Features
- Compare HDFC Sky vs TradeSmart on Account Features
- Trading Platform
- Compare HDFC Sky vs TradeSmart on Trading Platform
- Broker Ratings by Users
- Compare HDFC Sky vs TradeSmart on User Rating
- Investment Offerings
- Compare HDFC Sky vs TradeSmart on Investment Offerings
- Margin Trading Facility
- Compare HDFC Sky vs TradeSmart on MTF
- API
- Compare HDFC Sky vs TradeSmart on API Details
- Customer Service Offered
- Compare HDFC Sky vs TradeSmart on Customer Service
- Tips/Research/Reports Published
- Compare HDFC Sky vs TradeSmart on Research Reports, Tips
- Demat Account
- Compare HDFC Sky vs TradeSmart on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare HDFC Sky vs TradeSmart on Special Offers and Promotion
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.
- Both the brokers are registered with SEBI. HDFC Sky offers investmenet in Equity, F&O, Currency and Commodities, where TradeSmart offers investment in Equity, F&O and Currency only.
- Brokerage: HDFC Sky Max Rs 20 per trade vs TradeSmart Max Rs 15 per trade.
- Rating: both equal, 4 out of 5.
- Here we present side-by-side comparison of HDFC Sky vs TradeSmart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
- HDFC Sky Brokerage Plan detail – HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.
- HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account, where TradeSmart charges Rs 300 PA (Free for 1st year) AMC for Demat account.
- Transaction charges on debit of ISIN for HDFC Sky is 0.04% (Min ₹20) + CDSL charges where for TradeSmart is ₹15.You can see this charges on debit of Equity/Mutual Funds from your demat account.
- Lowest brokerage: Trade at 15 flat brokerage fees.
- Online Direct mutual fund investment at Rs.0 brokerage.
- 💹 Lowest Brokerage – Flat ₹15 per Order or 0.007%
- Last Updated on Mon, Nov 24, 2025
Data Tables
| Segment |
HDFC Sky |
TradeSmart |
| Trading Account Opening Fees |
Free |
Free |
| Trading AMC |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
| Demat AMC |
Rs 240 PA (Free for 1st year) |
Rs 300 PA (Free for 1st year) |
| Provide DP Service |
Yes |
Yes |
| Plan Types |
HDFC Sky |
TradeSmart |
| Multiple Plans |
No |
Yes |
| Monthly Plans |
No |
No |
| Yearly Plans |
No |
No |
|
HDFC Sky |
TradeSmart |
| Account Opening Request |
|
|
| Brokerage Charges Compare |
HDFC Sky |
TradeSmart |
| Plan Name |
Fixed pricing model |
Flat Fee Rs 15 Trading Plan (Power Plan) |
| Equity Delivery |
0.1% or Rs 20 |
Flat Fee Rs 15 |
| Equity Intraday |
0.1% or Rs 20 |
Flat Fee Rs 15 |
| Equity Futures |
0.1% or Rs 20 |
Flat Fee Rs 15 |
| Equity Options |
Flat Fee Rs 20 |
Flat Fee Rs 15 |
| Currency Futures |
0.1% or Rs 20 |
Flat Fee Rs 15 |
| Currency Options |
Flat Fee Rs 20 |
Flat Fee Rs 15 |
| Commodity Trading |
Flat Fee Rs 20 |
Flat Fee Rs 15 |
| Minimum Brokerage |
|
|
| Hidden Charges |
No |
No |
| Call & Trade Charges |
Rs 20 per call |
Rs 20 per executed Order |
| Auto Square off Charges |
0.1% or Rs 20 whichever is lower |
Rs 20 per executed Order |
| Brokerage Calculator |
Brokerage Calculator for HDFC Sky |
Brokerage Calculator for TradeSmart |
| Transaction Charges Compare |
HDFC Sky |
TradeSmart |
| Equity Delivery |
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 |
| Equity Futures |
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 |
| Currency Futures |
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 |
| Commodity |
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 |
| Account Features Compare |
HDFC Sky |
TradeSmart |
| 3 in 1 Account |
Yes |
No |
| Charting |
Yes |
Yes |
| Algo Trading |
No |
Yes |
| SMS Alerts |
Yes |
No |
| Online Demo |
Yes |
Yes |
| Online Portfolio |
Yes |
No |
| Margin Trading Funding Available |
Yes |
No |
| Combined Ledger for Equity and Commodity |
Yes |
Yes |
| Intraday Square-off Time |
3:15PM |
3:15PM |
| NRI Trading |
Yes |
No |
| Other Features |
NIL |
NIL |
| Trading Platform Compare |
HDFC Sky |
TradeSmart |
| Web Trading Platform |
Yes |
Yes |
| Web Trading Detail |
https://hdfcsky.com/ |
https://web.tradesmartonline.in/login |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
| Mobile Trading App |
HDFC Sky App |
TradeSmart 2.0 |
| Mobile Trading App Demo |
HDFC Sky App |
TradeSmart 2.0 |
| Android Mobile App |
Yes |
Yes |
| Android App Download |
Android HDFC Sky App Download |
Android TradeSmart 2.0 Download |
| iPhone Mobile App (IOS) |
No |
Yes |
| iOS App Download |
iOS HDFC Sky App Download |
iOS TradeSmart 2.0 Download |
| Android Tablet App |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
| Trading Software Charges |
Free |
Free |
| Equity Brokerage Calculator |
Equity Intraday and Delivery Brokerage Calculator for HDFC Sky |
Equity Intraday and Delivery Brokerage Calculator for TradeSmart |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for HDFC Sky |
Futures Brokerage Calculator for TradeSmart |
| Options Brokerage Calculator |
Option Brokerage Calculator for HDFC Sky |
Option Brokerage Calculator for TradeSmart |
| Detail |
Detail on Trading Platforms for HDFC Sky |
Detail on Trading Platforms for TradeSmart |
|
HDFC Sky |
TradeSmart |
|
99 Customer reviews Rate |
35 Customer reviews Rate |
| Fees Ratings |
2.5 |
3.8 |
| Trading Brokerage Rating |
2.1 |
4.3 |
| Trading Platform Usability |
3.0 |
3.7 |
| Customer Service Ratings |
2.8 |
4.0 |
| Overall Rating |
2.5 |
3.9 |
| 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 |
| Investment Offerings Compare |
HDFC Sky |
TradeSmart |
| Equity Cash and F&O |
Yes |
Yes |
| Currency Derivatives |
Yes |
Yes |
| Commodity |
Yes |
Yes |
| Online IPO Application |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
| Bonds / NCD |
Yes |
Yes |
| ETF |
Yes |
Yes |
| Banking |
Yes |
No |
| Insurance |
No |
No |
| Forex |
No |
No |
| MF SIP Investment |
Yes |
Yes |
| Equity SIP Investment |
Yes |
No |
| PMS Service |
No |
No |
| Other Investment Options |
|
NIL |
| MTF Compare |
HDFC Sky |
TradeSmart |
| 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 |
| API Type |
– |
Trading API Market Data API WebSocket API Webhook API Advanced order API |
| API Charges |
– |
Free |
| Customer Service Compare |
HDFC Sky |
TradeSmart |
| 24/7 Customer Service |
No |
No |
| Email Support |
Yes |
Yes |
| Online Live Chat |
No |
Yes |
| Phone Support |
Yes |
Yes |
| Toll Free Number |
No |
No |
| Through Branches |
Yes |
No |
| Customer Care Number |
1800 121 2109 |
022 61208000 |
| Account Opening Process |
Online |
Online/Paperless |
| Customer Support Email |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://hdfcsky.com/learn |
https://help.tradesmartonline.in/ |
| 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 |
| Website |
https://hdfcsky.com/ |
https://tradesmartonline.in/ |
|
HDFC Sky |
TradeSmart |
| Research Mutual Funds |
Yes |
No |
| Research Equity Reports |
Yes |
No |
| Research ETF |
Yes |
No |
| Daily Market Report |
Yes |
No |
| Free Tips |
Yes |
No |
| Quarterly Result Analysis |
Yes |
No |
| News Alerts |
Yes |
No |
|
HDFC Sky |
TradeSmart |
| DP Source |
CDSL |
CDSL |
| DP ID |
12400 |
30400 |
| Demat Account Annual Maintenance Charges(AMC) |
₹750 pa |
₹300 pa (1st Year Free) |
| Advance Deposit |
Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- |
NIL |
| Statutory charges |
Nil |
Nil |
| Transaction Charges on Debit (Per ISIN) |
0.04% (Min ₹20) + CDSL charges |
₹15 |
| Demat |
₹5 per certificate + ₹35 request charges |
₹500 per certificate (Min ₹500 per request) |
| Remat |
₹30 |
₹500 per certificate (Min ₹500 per request) |
| Pledge Creation |
Nil |
₹15 per script |
| Pledge Creation Confirmation |
0.04% of transaction value (Min ₹40) |
Nil |
| Pledge Closure |
Nil |
₹15 per script |
| Pledge Closure Confirmation |
0.04% of transaction value (Min ₹40) |
Nil |
| Pledge Invocation |
0.04% of transaction value (Min ₹40) |
Nil |
| Failed Instruction Charges |
Nil |
Nil |
| Other Charges |
Nil |
Nil |
|
HDFC Sky |
TradeSmart |
| 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… |
| 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… |
| 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 |
| Enquiry |
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