COMPARE

Interactive Brokers vs HDFC Sky – Compare Charges, Trading Features, Offers & more

Find a Comparison of Interactive Brokers vs HDFC Sky here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Interactive Brokers and HDFC Sky.

Background

Year of Incorporation 1977 2000
Website https://www.interactivebrokers.co.in/en/home.php https://hdfcsky.com/
Phone +91 22-61289888 022-68494702
Exchanges enabled NSE (plus over 100 market centers across 24 countries). BSE, NSE, MSEI, MCX
Demat (NSDL/CDSL) NSDL CDSL and NSDL
Brokerage

Equity 0.05% per Executed Order Rs 20 or 2.5% (Whichever is low) for both Intraday & Delivery
Equity Futures 0.01% per Executed Order Rs 20 or 2.5% (Whichever is low)
Equity Options Rs 25 per lot per Rs 20 per executed order
Currency Futures 0.01% per Executed Order Rs 20 or 2.5% (Whichever is low)
Currency Options 0.01% per Executed Order Rs 20 per executed order
Commodity Rs 50 per lot per Rs 20 per executed order
Account Opening Costs

Trading only Rs 0 Free
Trading & Demat Rs 400 Free
Commodity Not Available Free
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% 0.1% on Buy & Sell
Futures 0.0019 % 0.0125% on Sell side
Options 0.05% 0.0625% on Sell side
Commodities Not available 0.0625% on Sell side
AMC charge NIL Rs 240 per year
DP Transaction Charge NIL Rs 20
Offline order placing Charge Rs 1500 per order Nil
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 Days 7 Days
End of Day 1 Year 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 2x intraday and overnight leverage 1x on Delivery & upto 5x on Intraday
Equity Futures Upto 2x for Intraday 1x
Equity Options Buying 0 & Shorting upto 2x for Intraday Upto 1.3x for Intraday
Currency Futures Upto 2x for Intraday 1x
Currency Options Buying 0 & Shorting upto 2x for Intraday Upto 2x
Commodity Not Available Upto 1.3x for Intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 104.1 Crores Rs 34 Crores
Profit after Tax FY12/13 Rs 63.01 Crores Rs 46 Crores
Profit after Tax FY13/14 Rs 64.75 Crores Rs 58.5 Crores
Profit after Tax FY 14/15 Rs 74.30 Crores Rs 70.56 Crores
Profit after Tax FY 15/16 Rs 89.41 Crores Rs 86.18 Crores
Profit after Tax FY 16/17 Rs 79.38 Crores Rs 93.16 Crores
Profit after Tax FY 17/18 Rs 79.67 Crores Rs 93.75 Crores
Profit after Tax FY 18/19 Rs 93.62 Crores Rs 92.16 Crores
Profit after Tax FY 19/20 Rs 89.06 Crores Rs 101.04 Crores
Profit after Tax FY 20/21 Rs 99.53 Crores Rs 106.38 Crores
Profit after Tax FY 21/22 Rs 85.24 Crores Rs 114.11 Crores
Profit after Tax FY 22/23 Rs 78.27 Crores Rs 117.88 Crores
Debt FY11/12 Rs 17.67 Crores Rs 18.04 Crores
Debt FY12/13 Rs 13.43 Crores Rs 12.77 Crores
Debt FY13/14 Rs 21.88 Crores Rs 18.41 Crores
Debt FY14/15 Rs 21.05 Crores Rs 19.90 Crores
Debt FY15/16 Rs 23.05 Crores Rs 20.45 Crores
Debt FY16/17 Rs 22.53 Crores Rs 21.47 Crores
Debt FY17/18 Rs 22.09 Crores Rs 24.55 Crores
Debt FY18/19 Rs 23.67 Crores Rs 20.35 Crores
Debt FY19/20 Rs 21.41 Crores Rs 17.85 Crores
Debt FY20/21 Rs 24.02 Crores Rs 28.15 Crores
Debt FY21/22 Rs 27.09 Crores Rs 17.34 Crores
Debt FY22/23 Rs 21.78 Crores Rs 16.41 Crores
Profit to Equity(%) FY11/12 14.94 11.12%
Profit to Equity(%) FY12/13 7.29 14.48%
Profit to Equity(%) FY13/14 9.71 16.37%
Profit to Equity(%) FY14/15 9.01 19.95%
Profit to Equity(%) FY15/16 9.64 21.78%
Profit to Equity(%) FY16/17 10.04 21.14%
Profit to Equity(%) FY17/18 10.14 23.12%
Profit to Equity(%) FY18/19 11.34 25.83%
Profit to Equity(%) FY19/20 13.24 25.58%
Profit to Equity(%) FY20/21 12.52 28.36%
Profit to Equity(%) FY21/22 17.85 31.98%
Profit to Equity(%) FY22/23 14.56 34.21%
Balance Sheet Size FY11/12 Rs 908 Crores Rs 2555.02 Crores
Balance Sheet Size FY12/13 Rs 977 Crores Rs 2642.34 Crores
Balance Sheet Size FY13/14 Rs 990.08 Crores Rs 2467.69 Crores
Balance Sheet Size FY14/15 Rs 968.51 Crores Rs 3054.50 Crores
Balance Sheet Size FY15/16 Rs 1071.18 Crores Rs 3467.89 Crores
Balance Sheet Size FY16/17 Rs 1098.72 Crores Rs 3944.09 Crores
Balance Sheet Size FY17/18 Rs 1110.91 Crores Rs 4072.42 Crores
Balance Sheet Size FY18/19 Rs 1095.94 Crores Rs 4641.82 Crores
Balance Sheet Size FY19/20 Rs 1369.20 Crores Rs 4934.50 Crores
Balance Sheet Size FY20/21 Rs 1391.66 Crores Rs 5174.08 Crores
Balance Sheet Size FY21/22 Rs 1293.62 Crores Rs 5438.13 Crores
Balance Sheet Size FY22/23 Rs 1627.43 Crores Rs 5549.67 Crores

Comparison Link:

Compare Interactive Brokers Compare HDFC Sky
Interactive Brokers Vs Lemonn HDFC Sky Vs Lemonn
Interactive Brokers Vs Mandot Securities HDFC Sky Vs Mandot Securities
Interactive Brokers Vs Dhan HDFC Sky Vs Dhan
Interactive Brokers Vs Goodwill Wealth HDFC Sky Vs Goodwill Wealth
Interactive Brokers Vs Shoonya by Finvasia HDFC Sky Vs Shoonya by Finvasia
Interactive Brokers Vs NJ Wealth HDFC Sky Vs NJ Wealth
Interactive Brokers Vs Paytm Money HDFC Sky Vs Paytm Money
Interactive Brokers Vs Goldmine Stocks HDFC Sky Vs Goldmine Stocks
Interactive Brokers Vs Globe Capital HDFC Sky Vs Globe Capital
Interactive Brokers Vs Finvasia HDFC Sky Vs Finvasia
Interactive Brokers Vs Coimbatore Capital HDFC Sky Vs Coimbatore Capital
Interactive Brokers Vs Cholamandalam Securities HDFC Sky Vs Cholamandalam Securities
Interactive Brokers Vs Choice Equity Broking HDFC Sky Vs Choice Equity Broking
Interactive Brokers Vs Canara Bank HDFC Sky Vs Canara Bank
Interactive Brokers Vs Bonanza Portfolio HDFC Sky Vs Bonanza Portfolio
Interactive Brokers Vs Bezel Stock Brokers HDFC Sky Vs Bezel Stock Brokers
Interactive Brokers Vs Beeline Broking HDFC Sky Vs Beeline Broking
Interactive Brokers Vs Bansal Finstock HDFC Sky Vs Bansal Finstock
Interactive Brokers Vs Axis Direct HDFC Sky Vs Axis Direct
Interactive Brokers Vs ASE Capital Markets HDFC Sky Vs ASE Capital Markets
Interactive Brokers Vs Arihant Capital HDFC Sky Vs Arihant Capital
Interactive Brokers Vs Alice Blue HDFC Sky Vs Alice Blue
Interactive Brokers Vs 5Paisa HDFC Sky Vs 5Paisa
Interactive Brokers Vs M.stock HDFC Sky Vs M.stock
Interactive Brokers Vs WisdomCapital HDFC Sky Vs WisdomCapital
Interactive Brokers Vs Way2wealth HDFC Sky Vs Way2wealth
Interactive Brokers Vs Ventura Securities HDFC Sky Vs Ventura Securities
Interactive Brokers Vs Navia Markets Ltd HDFC Sky Vs Navia Markets Ltd
Interactive Brokers Vs Tradejini HDFC Sky Vs Tradejini
Interactive Brokers Vs Tata Securities HDFC Sky Vs Tata Securities
Interactive Brokers Vs Swastika Investmart HDFC Sky Vs Swastika Investmart
Interactive Brokers Vs SMC Global HDFC Sky Vs SMC Global
Interactive Brokers Vs SBICAP Securities HDFC Sky Vs SBICAP Securities
Interactive Brokers Vs SASOnline HDFC Sky Vs SASOnline
Interactive Brokers Vs Samco securities HDFC Sky Vs Samco securities
Interactive Brokers Vs RK Global HDFC Sky Vs RK Global
Interactive Brokers Vs Reliance Securities HDFC Sky Vs Reliance Securities
Interactive Brokers Vs Nirmal Bang HDFC Sky Vs Nirmal Bang
Interactive Brokers Vs Master Trust Capital HDFC Sky Vs Master Trust Capital
Interactive Brokers Vs Kotak Securities HDFC Sky Vs Kotak Securities
Interactive Brokers Vs IIFL Securities HDFC Sky Vs IIFL Securities
Interactive Brokers Vs Dhani HDFC Sky Vs Dhani
Interactive Brokers Vs IDBI Capital HDFC Sky Vs IDBI Capital
Interactive Brokers Vs HDFC Securities HDFC Sky Vs HDFC Securities
Interactive Brokers Vs Geojit HDFC Sky Vs Geojit
Interactive Brokers Vs Fyers Securities HDFC Sky Vs Fyers Securities
Interactive Brokers Vs Edelweiss Capital HDFC Sky Vs Edelweiss Capital
Interactive Brokers Vs Easytradez HDFC Sky Vs Easytradez
Interactive Brokers Vs Rupeezy HDFC Sky Vs Rupeezy
Interactive Brokers Vs Anand Rathi HDFC Sky Vs Anand Rathi
Interactive Brokers Vs Aditya Birla Money HDFC Sky Vs Aditya Birla Money
Interactive Brokers Vs Achiievers HDFC Sky Vs Achiievers
Interactive Brokers Vs A C Choksi HDFC Sky Vs A C Choksi
Interactive Brokers Vs Angel Broking HDFC Sky Vs Angel Broking
Interactive Brokers Vs Motilal Oswal HDFC Sky Vs Motilal Oswal
Interactive Brokers Vs ICICI Direct HDFC Sky Vs ICICI Direct
Interactive Brokers Vs Sharekhan HDFC Sky Vs Sharekhan
Interactive Brokers Vs Groww HDFC Sky Vs Groww
Interactive Brokers Vs Tradesmart Online HDFC Sky Vs Tradesmart Online
Interactive Brokers Vs Upstox HDFC Sky Vs Upstox
Interactive Brokers Vs Zerodha HDFC Sky Vs Zerodha

Frequently Asked Questions

Is Interactive Brokers better than HDFC Sky ?

Interactive Brokers and HDFC Sky are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is HDFC Sky better than Interactive Brokers ?

Interactive Brokers and HDFC Sky are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Interactive Brokers cheaper than HDFC Sky ?

Interactive Brokers and HDFC Sky are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is HDFC Sky cheaper than Interactive Brokers ?

Interactive Brokers and HDFC Sky are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Interactive Brokers vs. HDFC Sky ?

To find out the better of the two stockbrokers Interactive Brokers and HDFC Sky, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.