COMPARE

Tradesmart Online vs HDFC Sky – Compare Charges, Trading Features, Offers & more

Find a Comparison of Tradesmart Online 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 Tradesmart Online and HDFC Sky.

Background

Year of Incorporation 2015 2000
Website https://tradesmartonline.in/ https://hdfcsky.com/
Phone 022-61208000 022-68494702
Exchanges enabled NSE, BSE BSE, NSE, MSEI, MCX
Demat (NSDL/CDSL) CDSL CDSL and NSDL
Brokerage

Equity Rs 15 or 0.07% per executed order Rs 20 or 2.5% (Whichever is low) for both Intraday & Delivery
Equity Futures Rs 15 or 0.07% per executed order Rs 20 or 2.5% (Whichever is low)
Equity Options Rs 7 per lot Rs 20 per executed order
Currency Futures R15 or 0.07% of Turnover Rs 20 or 2.5% (Whichever is low)
Currency Options Rs 7 per lot Rs 20 per executed order
Commodity Rs 7 per lot Rs 20 per executed order
Account Opening Costs

Trading only Rs 400 Free
Trading & Demat Rs 400 Free
Commodity NA Free
Transparency & other costs

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

Equity 0.0035% of Turnover 0.1% on Buy & Sell
Futures 0.0024% of Turnover 0.0125% on Sell side
Options 0.0715% of Premium Turnover 0.0625% on Sell side
Commodities NA 0.0625% on Sell side
AMC charge Rs 300/yr Rs 240 per year
DP Transaction Charge Rs 15/debit instruction Rs 20
Offline order placing Charge Rs 20/executed order Nil
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 days on NOW 7 Days
End of Day 10 days on NOW 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 5x for intraday 1x on Delivery & upto 5x on Intraday
Equity Futures 2x for intraday 1x
Equity Options No Margin Upto 1.3x for Intraday
Currency Futures 2x for intraday 1x
Currency Options No Margin Upto 2x
Commodity 1x 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 4 Lakhs Rs 34 Crores
Profit after Tax FY12/13 Rs 17 Lakhs Rs 46 Crores
Profit after Tax FY13/14 Rs 23 Lakhs Rs 58.5 Crores
Profit after Tax FY 14/15 Rs 23.14 Lakh Rs 70.56 Crores
Profit after Tax FY 15/16 Rs 33.53 Lakh Rs 86.18 Crores
Profit after Tax FY 16/17 Rs 35.78 Lakh Rs 93.16 Crores
Profit after Tax FY 17/18 Rs 38.81 Lakh Rs 93.75 Crores
Profit after Tax FY 18/19 Rs 40.22 Lakh Rs 92.16 Crores
Profit after Tax FY 19/20 Rs 46.22 Lakh Rs 101.04 Crores
Profit after Tax FY 20/21 Rs 49.57 Lakh Rs 106.38 Crores
Profit after Tax FY 21/22 Rs 54.47 Lakh Rs 114.11 Crores
Profit after Tax FY 22/23 Rs 66.68 Lakh Rs 117.88 Crores
Debt FY11/12 Rs 8.7 Lakhs Rs 18.04 Crores
Debt FY12/13 Rs 6 Lakhs Rs 12.77 Crores
Debt FY13/14 Rs 3.05 Crores Rs 18.41 Crores
Debt FY14/15 Rs 4.69 Crore Rs 19.90 Crores
Debt FY15/16 Rs 4.26 Crore Rs 20.45 Crores
Debt FY16/17 Rs 3.27 Crore Rs 21.47 Crores
Debt FY17/18 Rs 4.20 Crore Rs 24.55 Crores
Debt FY18/19 Rs 4.03 Crore Rs 20.35 Crores
Debt FY19/20 Rs 4.04 Crore Rs 17.85 Crores
Debt FY20/21 Rs 4.77 Crore Rs 28.15 Crores
Debt FY21/22 Rs 4.07 Crore Rs 17.34 Crores
Debt FY22/23 Rs 3.81 Crore Rs 16.41 Crores
Profit to Equity(%) FY11/12 0.99 11.12%
Profit to Equity(%) FY12/13 2.63 14.48%
Profit to Equity(%) FY13/14 3.54 16.37%
Profit to Equity(%) FY14/15 7.67 19.95%
Profit to Equity(%) FY15/16 5.79 21.78%
Profit to Equity(%) FY16/17 5.11 21.14%
Profit to Equity(%) FY17/18 8.16 23.12%
Profit to Equity(%) FY18/19 5.10 25.83%
Profit to Equity(%) FY19/20 8.87 25.58%
Profit to Equity(%) FY20/21 5.50 28.36%
Profit to Equity(%) FY21/22 7.42 31.98%
Profit to Equity(%) FY22/23 6.08 34.21%
Balance Sheet Size FY11/12 Rs 9.26 Crores Rs 2555.02 Crores
Balance Sheet Size FY12/13 Rs 9.28 Crores Rs 2642.34 Crores
Balance Sheet Size FY13/14 Rs 22.35 Crores Rs 2467.69 Crores
Balance Sheet Size FY14/15 Rs 24.88 Crore Rs 3054.50 Crores
Balance Sheet Size FY15/16 Rs 27.85 Crore Rs 3467.89 Crores
Balance Sheet Size FY16/17 Rs 43.79 Crore Rs 3944.09 Crores
Balance Sheet Size FY17/18 Rs 38.20 Crore Rs 4072.42 Crores
Balance Sheet Size FY18/19 Rs 31.09 Crore Rs 4641.82 Crores
Balance Sheet Size FY19/20 Rs 45.13 Crore Rs 4934.50 Crores
Balance Sheet Size FY20/21 Rs 36.75 Crore Rs 5174.08 Crores
Balance Sheet Size FY21/22 Rs 42.25 Crore Rs 5438.13 Crores
Balance Sheet Size FY22/23 Rs 23.91 Crore Rs 5549.67 Crores

Comparison Link:

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

Frequently Asked Questions

Is Tradesmart Online better than HDFC Sky ?

Tradesmart Online 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 Tradesmart Online ?

Tradesmart Online 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 Tradesmart Online cheaper than HDFC Sky ?

Tradesmart Online 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 Tradesmart Online ?

Tradesmart Online 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 Tradesmart Online vs. HDFC Sky ?

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