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HDFC Sky Vs Motilal Oswal Vs SBICAP Securities: Which one is better?

The brokerage of HDFC Sky ranges between Rs 20, the brokerage of Motilal Oswal ranges between 0.02 to 0.20%, while the brokerage of SBICAP Securities ranges between .05 to 0.50%. The broker Motilal Oswal and SBICAP Securities are a full service brokers where HDFC Sky is a discount broker. Overall rating for HDFC Sky is 4, Motilal Oswal is rated 4, SBICAP Securities is rated 4 out of 5.

Here we present side-by-side comparison of HDFC Sky vs Motilal Oswal vs SBICAP Securities stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared HDFC Sky vs Motilal Oswal vs SBICAP Securities 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 HDFC Sky vs Motilal Oswal vs SBICAP Securities in this setion with 360 degree view of broker information.

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on Service

  HDFC Sky Compare
HDFC Sky
Motilal Oswal Compare
Motilal Oswal
SBICAP Securities Compare
SBICAP Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Full Service Broker
Exchanges Supported NSE, BSE, MCX BSE, NSE, MCX, NCDEX NSE, BSE
Broker Overview 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 Extensive range of asset classes, award-winning research, personalized advisory services, great customer service, and dedicated MO Trader and MO Investor app are the key reasons that make Motilal Oswal an excellent broker for traders and investors. Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ... Know more about SBICAP Securities
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 HDFC Sky vs Motilal Oswal vs SBICAP Securities on Trading & Demat Account Opening Charges

In this section we have compared HDFC Sky vs Motilal Oswal vs SBICAP Securities on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Sky and Motilal Oswal offer Free account opening where SBICAP Securities charges Rs 850 for account opeing. Demat AMC charges - HDFC Sky charges Rs 240 PA (Free for 1st year) as AMC for Demat account, Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account, where SBICAP Securities charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities
Charges HDFC Sky Motilal Oswal SBICAP Securities
Trading Account Opening Fees Free Free Rs 850
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 240 PA (Free for 1st year) Rs 400 per annum [Free for 1st year] Rs 500 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on Plan Options

Plans are the most important feature you look when compare HDFC Sky vs Motilal Oswal vs SBICAP Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on Plan Options
Plan Types HDFC Sky Motilal Oswal SBICAP Securities
Multiple Plans No No No
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 HDFC Sky vs Motilal Oswal vs SBICAP Securitieson Brokerage Charges

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.

Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

Brokerage Charges - Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities
Brokerage Charges Compare HDFC Sky Motilal Oswal SBICAP Securities
Plan Name Fixed pricing model Default Brokerage Plan Standard or default brokerage plan
Equity Delivery 0.1% or Rs 20 whichever is lower 0.20% 0.50%
Equity Intraday 0.1% or Rs 20 whichever is lower 0.02% 0.05%
Equity Futures 0.1% or Rs 20 whichever is lower 0.02% 0.05%
Equity Options Flat Fee Rs 20 Rs 20 per lot Rs 100 Per Lot
Currency Futures 0.1% or Rs 20 whichever is lower Rs 20 per lot 0.03%
Currency Options Flat Fee Rs 20 Rs 20 per lot Rs 30 Per Lot
Commodity Trading Flat Fee Rs 20 Futures: 0.02%| Options: Rs 200 Per Lot Rs. 100 per lot
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future
Hidden Charges No No
Call & Trade Charges Rs 20 per call NA Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call.
Auto Square off Charges 0.1% or Rs 20 whichever is lower NA First Free 30 per month, after Rs 10 per square-off
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for Motilal Oswal Brokerage Calculator for SBICAP Securities
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Share Broker's Transaction Charges

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on Transaction Charges

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities
Transaction Charges Compare HDFC Sky Motilal Oswal SBICAP Securities
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 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for sbicap-securities
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Account Features

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on Account Features

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

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

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securitieson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky vs Motilal Oswal vs SBICAP Securities. 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 HDFC Sky vs Motilal Oswal vs SBICAP Securities
Trading Platform Compare HDFC Sky Motilal Oswal SBICAP Securities
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://hdfcsky.com/

https://power.motilaloswal.com/MOSL/userMaster/login

https://login1.sbismart.com/nidp/app/login

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App HDFC Sky App MO Trader SBISMART
Mobile Trading App Demo HDFC Sky App Demo MO Trader Demo SBISMART Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod HDFC Sky App Download Andriod MO Trader Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download iOS HDFC Sky App Download iOS MO Trader Download iOS SBISMART 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 HDFC Sky Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for SBICAP Securities
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for SBICAP Securities
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for sbicap-securities

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Broker Ratings by Users

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on User Rating

  HDFC Sky Motilal Oswal SBICAP Securities
  97 Customer Reviews    Rate HDFC Sky 57 Customer Reviews    Rate Motilal Oswal 78 Customer Reviews    Rate SBICAP Securities
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews
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Investment Offerings

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on Investment Offerings

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities 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 - HDFC Sky and Motilal Oswal offers Commodity Trading where SBICAP Securities doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Motilal Oswal offers PMS facility where HDFC Sky and SBICAP Securities doesn't offers PMS facility.

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

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on Customer Service

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities 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 HDFC Sky vs Motilal Oswal vs SBICAP Securities
Customer Service Compare HDFC Sky Motilal Oswal SBICAP Securities
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No No
Phone Support Yes Yes Yes
Toll Free Number No No Yes
Through Branches Yes Yes Yes
Customer Care Number 1800 121 2109 022 40548000/022 67490600 022 6854 5555
Account Opening Process Online Online/Paperless Offline
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://hdfcsky.com/learn https://edumo.motilaloswal.com/ https://www.sbismart.com/education
Head Office Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Website https://hdfcsky.com/ https://www.motilaloswal.com/ https://www.sbismart.com
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Tips/Research/Reports Published

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on Research Reports, Tips

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on research reports and tips provided by broker.

Research Reports - Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities
  HDFC Sky Motilal Oswal SBICAP Securities
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips Yes Yes Yes
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes
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Demat Account

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on Demat Account

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities
  HDFC Sky Motilal Oswal SBICAP Securities
DP Source CDSL CDSL CDSL
DP ID 12400 10900 47200
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹400 pa ₹500
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- NIL 0 for all
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.01% of the transaction value (Min ₹21 and Max ₹300)
Demat ₹5 per certificate + ₹35 request charges ₹50 per certificate + ₹50 courier charges ₹5 per certificate + ₹35 courier charges
Remat ₹30 ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹35 per certificate + CDSL Charges
Pledge Creation Nil ₹35 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Closure Nil ₹35 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Invocation 0.04% of transaction value (Min ₹40) ₹35 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Failed Instruction Charges Nil Nil ₹10
Other Charges
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Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on Special Offers and Promotion

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare HDFC Sky vs Motilal Oswal vs SBICAP Securities on Special Offers and Promotion
  HDFC Sky Motilal Oswal SBICAP Securities
Likes

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...

There are enormous benefits or advantages of trading with Motilal Oswal. Here are the reasons that make it a good fit for both traders and investors;

  • Choice of asset classes i.e., equities, derivatives, commodities, and currencies.
  • Free Demat and trading account opening.
  • Zero maintenance fee for 1st year.
  • Free mobile app for traders (Trader App) and investors (Investor App).
  • Invest in mutual funds and IPOs for free.
  • Free research reports & recommendations.
  • Safe & secure fund transfer with 39+ banks.
  • Access features; StockSIP, IAP (Algorithm advisory), and improve my portfolio (PR).
  • Margin trading and margin against shares
  • Free call & trade service.
  • EDUMO (free learning platform) for beginners, intermediate, and advanced traders.

Detail Review...

  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

Detail Review...

Dislikes
  • 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 some drawbacks or disadvantages that might discourage you to not opening an account with Motilal Oswal. Here are some important trading cons;

  • High brokerage charges
  • Unlike many full-service brokers like Kotak, ICICI, etc., Motilal Oswal does not have any flat discount brokerage plan.
  • You cannot open a 3-in-1 account, Demat + Trading + Bank A/c.
  • It only provides regular mutual fund schemes.

Detail Review...

  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

Detail Review...

Special Offers/Promo Free Demat AMC (Client need to opt for 3,000 Value Pack (prepaid brokerage) or Open the A/c with above 25,000 margin)
Enquire for HDFC Sky Enquire for Motilal Oswal Enquire for SBICAP Securities

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