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AxisDirect Vs HDFC Sky Vs TradeSmart: Which one is better?

The brokerage of AxisDirect ranges between 0.05% to 0.5%, the brokerage of HDFC Sky ranges between Rs 20, while the brokerage of TradeSmart ranges between Rs 15. The broker HDFC Sky and TradeSmart are a discount brokers where AxisDirect is a full service broker. Overall rating for AxisDirect is 3.5, HDFC Sky is rated 4, TradeSmart is rated 4 out of 5.

Here we present side-by-side comparison of AxisDirect vs HDFC Sky vs TradeSmart stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared AxisDirect vs HDFC Sky vs TradeSmart on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better AxisDirect vs HDFC Sky vs TradeSmart in this setion with 360 degree view of broker information.

Compare AxisDirect vs HDFC Sky vs TradeSmart on Service

  AxisDirect Compare
AxisDirect
HDFC Sky Compare
HDFC Sky
TradeSmart Compare
TradeSmart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Broker Overview Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis... Know more about AxisDirect HDFC Sky is the only bank-based discount stock broker in India. Free demat and trading account opening, Rs 20/order maximum brokerage charges across all segments, simple yet elegant user interface enabled HDFC Sky mobile app, and free research & advi...Know more about HDFC Sky Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare AxisDirect vs HDFC Sky vs TradeSmart on Trading & Demat Account Opening Charges

In this section we have compared AxisDirect vs HDFC Sky vs TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - AxisDirect charges Rs 999 for account opening, HDFC Sky charges Free for account opeing, and TradeSmart charges Rs 200 for account opeing. Demat AMC charges - AxisDirect charges Rs 750 PA (Free for 1st year) as AMC for Demat account, HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account, where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare AxisDirect vs HDFC Sky vs TradeSmart
Charges AxisDirect HDFC Sky TradeSmart
Trading Account Opening Fees Rs 999 Free Rs 200
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Rs 200
Demat AMC Rs 750 PA (Free for 1st year) Rs 240 PA (Free for 1st year) Rs 300 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare AxisDirect vs HDFC Sky vs TradeSmart on Plan Options

Plans are the most important feature you look when compare AxisDirect vs HDFC Sky vs TradeSmart. This section copare on high level about type of plans offered by brokers. Miltiple Plans - AxisDirect and TradeSmart offers Multiple Plans where HDFC Sky doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare AxisDirect vs HDFC Sky vs TradeSmart on Plan Options
Plan Types AxisDirect HDFC Sky TradeSmart
Multiple Plans Yes No Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare AxisDirect vs HDFC Sky vs TradeSmarton Brokerage Charges

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

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.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Brokerage Charges - Compare AxisDirect vs HDFC Sky vs TradeSmart
Brokerage Charges Compare AxisDirect HDFC Sky TradeSmart
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Fixed pricing model Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery 0.50% (Each leg) 0.1% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Intraday 0.05% (Each leg) 0.1% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures 0.05% (Each leg) 0.1% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures 0.05% (Each Leg) 0.1% or Rs 20 whichever is lower Flat Fee Rs 15
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading Futures: 0.03% (Each leg)| Options: Rs. 50 per lot Flat Fee Rs 20 Flat Fee Rs 15
Minimum Brokerage
Hidden Charges No No
Call & Trade Charges Free 20 calls per month, and after Rs. 20 per order Rs 20 per call Rs 20 per executed Order
Auto Square off Charges 20 calls Free and after that Rs 20 per call 0.1% or Rs 20 whichever is lower Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for AxisDirect Brokerage Calculator for HDFC Sky Brokerage Calculator for TradeSmart
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Share Broker's Transaction Charges

Compare AxisDirect vs HDFC Sky vs TradeSmart on Transaction Charges

Compare AxisDirect vs HDFC Sky vs TradeSmart on transaction charges and PCM fee by segment.

Transaction Charges - Compare AxisDirect vs HDFC Sky vs TradeSmart
Transaction Charges Compare AxisDirect HDFC Sky TradeSmart
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for axisdirect Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for trade-smart-online
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Account Features

Compare AxisDirect vs HDFC Sky vs TradeSmart on Account Features

Compare AxisDirect vs HDFC Sky vs TradeSmart on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect and HDFC Sky offers 3-in-1 Account where TradeSmart offers only 2-in-1 account which includes trading and demat account. Margin Funding - AxisDirect and HDFC Sky offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - AxisDirect and HDFC Sky offers NRI Trading where TradeSmart doesn't offers NRI Trading.

Account Features - AxisDirect vs HDFC Sky vs TradeSmart
Account Features Compare AxisDirect HDFC Sky TradeSmart
3 in 1 Account Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No TradeSmart have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 2:45 PM 3:15PM 3:15PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare AxisDirect vs HDFC Sky vs TradeSmarton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w AxisDirect vs HDFC Sky vs TradeSmart. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare AxisDirect vs HDFC Sky vs TradeSmart
Trading Platform Compare AxisDirect HDFC Sky TradeSmart
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://login.axisdirect.in/

https://hdfcsky.com/

https://sine.tradesmartonline.in/userMaster/login

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App AxisDirect Ring Mobile App HDFC Sky App Sine
Mobile Trading App Demo AxisDirect Ring Mobile App Demo HDFC Sky App Demo Sine Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod AxisDirect Ring Mobile App Download Andriod HDFC Sky App Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS AxisDirect Ring Mobile App Download iOS HDFC Sky App Download iOS Sine Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for AxisDirect Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for AxisDirect Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for AxisDirect Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for axisdirect Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for trade-smart-online

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Broker Ratings by Users

Compare AxisDirect vs HDFC Sky vs TradeSmart on User Rating

  AxisDirect HDFC Sky TradeSmart
  20 Customer Reviews    Rate AxisDirect 97 Customer Reviews    Rate HDFC Sky 34 Customer Reviews    Rate TradeSmart
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating AxisDirect is Rated 0.7 / 5 based on 20 customer reviews HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
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Investment Offerings

Compare AxisDirect vs HDFC Sky vs TradeSmart on Investment Offerings

Compare AxisDirect vs HDFC Sky vs TradeSmart on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - AxisDirect and HDFC Sky offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare AxisDirect vs HDFC Sky vs TradeSmart
Investment Offerings Compare AxisDirect HDFC Sky TradeSmart
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes No
Mutual Funds Yes Yes No
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking Yes Yes No
Insurance Yes No No
Forex No No No
MF SIP Investment Yes Yes No
Equity SIP Investment Yes Yes No
PMS Service No No No
Other Investment Options NIL NIL
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Customer Service Offered

Compare AxisDirect vs HDFC Sky vs TradeSmart on Customer Service

Compare AxisDirect vs HDFC Sky vs TradeSmart on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare AxisDirect vs HDFC Sky vs TradeSmart
Customer Service Compare AxisDirect HDFC Sky TradeSmart
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes Yes No
Customer Care Number 022-61480808 1800 121 2109 022 61208000
Account Opening Process Online Online Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://simplehai.axisdirect.in/learn/overview https://hdfcsky.com/learn https://help.tradesmartonline.in/
Head Office Address Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
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://simplehai.axisdirect.in https://hdfcsky.com/ https://tradesmartonline.in/
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Tips/Research/Reports Published

Compare AxisDirect vs HDFC Sky vs TradeSmart on Research Reports, Tips

Compare AxisDirect vs HDFC Sky vs TradeSmart on research reports and tips provided by broker.

Research Reports - Compare AxisDirect vs HDFC Sky vs TradeSmart
  AxisDirect HDFC Sky TradeSmart
Research Mutual Funds Yes Yes No
Research Equity Reports Yes Yes No
Research ETF Yes Yes No
Daily Market Report Yes Yes No
Free Tips Yes Yes No
Quarterly Result Analysis Yes Yes No
News Alerts Yes Yes No
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Demat Account

Compare AxisDirect vs HDFC Sky vs TradeSmart on Demat Account

Compare AxisDirect vs HDFC Sky vs TradeSmart on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare AxisDirect vs HDFC Sky vs TradeSmart
  AxisDirect HDFC Sky TradeSmart
DP Source CDSL CDSL CDSL
DP ID 49200 12400 30400
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹750 pa ₹300 pa
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 Nil
Transaction Charges on Debit (Per ISIN) ₹10 0.04% (Min ₹20) + CDSL charges ₹25
Demat ₹3 per certificate ₹5 per certificate + ₹35 request charges ₹500 per certificate (Min ₹500 per request)
Remat ₹10 for every hundred securities (Min ₹10) ₹30 ₹500 per certificate (Min ₹500 per request)
Pledge Creation ₹25 Nil ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation ₹25 0.04% of transaction value (Min ₹40) Nil
Pledge Closure ₹25 Nil ₹200 per script
Pledge Closure Confirmation ₹25 0.04% of transaction value (Min ₹40) Nil
Pledge Invocation Nil 0.04% of transaction value (Min ₹40) ₹200 per script
Failed Instruction Charges Nil Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare AxisDirect vs HDFC Sky vs TradeSmart on Special Offers and Promotion

Compare AxisDirect vs HDFC Sky vs TradeSmart on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare AxisDirect vs HDFC Sky vs TradeSmart on Special Offers and Promotion
  AxisDirect HDFC Sky TradeSmart
Likes
  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

Detail Review...

Want to know why to trade with HDFC Sky, here are the promising reasons;

  • Instant paperless account opening
  • Zero account opening charges and no maintenance fee for 1st year
  • Invest in equity, F&O, currencies, and commodities
  • Invest in 2000+ mutual funds from 29+ fund houses
  • Lowest brokerage fee of Rs 20/order
  • Zero commission mutual fund investment.
  • Invest in expert-recommended mutual fund schemes.
  • Global market investment in US stocks and ETFs
  • Stacks: Expert-curated basket of US Stocks and ETFs
  • Trade on HDFC Sky app or web as per your convenience
  • Place advance orders like basket orders, bracket order, cover order, and GTT order.
  • Free research reports and daily trading calls or tips.
  • Learning platform for newbies to experts
  • No minimum balance commitments
  • No hidden charges

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: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • 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
  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

  • Delivery trading is not free while Zerodha offers free delivery trading
  • Desktop trading software is not available
  • Direct mutual funds are not offered.

Detail Review...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • 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 Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Free Account Opening, Rs 400 Waived for a limited time.
Enquire for AxisDirect Enquire for HDFC Sky Enquire for TradeSmart

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