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Indmoney vs HDFC sky vs Zerodha
In this article, we will review ‘Indmoney vs HDFC sky vs Zerodha‘ on the basis of Brokerage charges, Account maintenance charges, Investment options, Customer service, User reviews, Research and analysis, broker’s track record & reputation.
Company Overview
| |
Company name
|
Indmoney- Finzoom Investment Advisors Private Limited
HDFC Sky
Zerodha |
Headquarters
|
Gurugram, Haryana
Mumbai
Bengaluru |
Founder
|
Ashish Kashyap
Dhiraj Relli
Nithin Kamath |
Establishment Year
|
2019
2023
15 August 2010 |
Account opening & AMC
| |
Account Opening Fee
The account opening fee, also known as account setup charges, refers to the one-time charge levied by a brokerage firm when you open a new Demat and trading account to invest in securities like stocks, bonds, or ETFs. These fees can vary depending on the type of account, the brokerage firm, and any current promotions or offers. |
₹0
₹0
₹200 |
Annual Maintenance Charges (AMC)
This is a yearly fee levied by the depository participant (DP) to maintain your Demat account, where your shares are held electronically. |
₹0
₹20 / Month (Free for first year)
₹0 |
Pledge Charges
| |
Pledge Creation Charges
|
Does not provide
₹20
₹30 + GST per pledge request |
Pledge Invocation Charges
|
Does not provide
₹20
₹0 |
Interest on Margin Trading
|
Does not provide
12%
0.035% per day (equivalent to 12.775% p.a.) |
Margin Re-Pledge
|
Does not provide
₹20
₹0 |
Brokerage charges & Fees
| |
Brokerage Plan
|
Standard
Standard
Standard |
Equity Delivery Charges
|
₹20 or 0.05% whichever is lower
₹20 or 0.1% (Whichever is Lower)
₹0 |
Equity Intraday Charges
|
₹20 or 0.05% whichever is lower
₹20 or 0.1% (Whichever is Lower)
₹20 or 0.03% per executed order, whichever is lower |
Equity Futures charges
|
Flat ₹20 per executed order
₹20 or 0.1% (whichever is lower)
₹20 or 0.03% per executed order, whichever is lower |
Equity Options charges
|
Flat ₹20 per executed order
₹20 / Order
Flat ₹20 per executed order |
Currency Futures charges
|
Does not offer
₹20 or 0.1% (whichever is lower)
₹20 per executed order or 0.03% of the transaction value, whichever is lower |
Currency Options charges
|
Does not offer
₹20 / Order
Flat ₹20 per executed order |
Commodity Futures charges
|
Does not offer
₹20 or 0.1% (whichever is lower)
₹20 per executed order or 0.03% of the transaction value, whichever is lower |
Commodity Options charges
|
Does not offer
₹20 / Order
₹20 per executed order |
Customer services offered
| |
Demat Services
|
✅Yes
✅Yes
✅Yes |
Trading Services
|
✅Yes
✅Yes
✅Yes |
Intraday Services
|
✅Yes
✅Yes
✅Yes |
F&O Services
|
✅Yes
✅Yes
✅Yes |
IPO Services
|
✅Yes
✅Yes
✅Yes |
Share Pledging
|
⛔No
✅Yes
✅Yes |
NRI Services
|
⛔No
✅Yes
✅Yes |
Referral Program
|
✅Yes
✅Yes
✅Yes |
Customer Support
| |
Call Support
|
07314852049
022-39019400
080 47181888 |
Email Support
|
instockssupport@indmoney.com
customercare@hdfcsec.com
renu.pd@zerodha.com (10AM - 5PM) |
Whatsapp Support
|
⛔No
⛔No
⛔No |
Website Support
|
✅Yes, Create ticket
FAQs only
✅Yes, create ticket |
Leverage (Margin) Offered
| |
Equity Delivery Margin Leverage
|
No leverage available; you need the full purchase value in your account.
No leverage available; requires full margin upfront
No leverage available; you need the full purchase value in your account. |
Equity Intraday Margin Leverage
|
No leverage available; you need the full purchase value in your account.
Upto 5x depending on the stock (lower leverage for volatile stocks)
Upto 5x depending on the stock (lower leverage for volatile stocks) |
Equity F&O Intraday Margin Leverage
|
No leverage available; you need the full purchase value in your account.
No leverage available; requires full margin upfront
No leverage available; requires full margin upfront |
Equity F&O Carry Forward Margin Leverage
|
No leverage available; you need the full purchase value in your account.
No leverage available; requires full margin upfront
No leverage available; requires full margin upfront |
Currency F&O Margin Leverage
|
Does not offer
No leverage available; requires full margin upfront
No leverage available; requires full margin upfront |
Commodity F&O Intraday Margin Leverage
|
Does not offer
No leverage available; requires full margin upfront
No leverage available; requires full margin upfront |
Commodity F&O Carry Forward Margin Leverage
|
Does not offer
No leverage available; requires full margin upfront
No leverage available; requires full margin upfront |
Unique Offerings
| |
Free Account Opening
|
✅Yes
✅Yes
⛔No |
Free Brokerage
|
✅Yes, IPOs & Mutual Funds only
On Mutual Funds and IPOs only
On Stock delivery, Mutual Funds and IPOs only |
Free AMC
|
✅Yes
⛔No
✅Yes |
Free Equity Delivery
|
⛔No
⛔No
✅Yes |
Free F&O Trading
|
⛔No
⛔No
⛔No |
Free Intraday Trading
|
⛔No
⛔No
⛔No |
Free Trading calls
|
⛔No
⛔No
⛔No |
Happy Trading Hours
|
⛔No
⛔No
⛔No |
Flexible Brokerage Plans
|
✅Yes
⛔No
⛔No |
Referral Offers
|
✅Yes
✅Yes
✅Yes |
Margin Funding (MTF)/ Pledging
|
⛔No
✅Yes
✅Yes |
Brokerage Cashback
|
⛔No
⛔No
⛔No |
Zero Brokerage for Loss Making Trades
|
⛔No
⛔No
⛔No |
Relationship Manager
|
⛔No
⛔No
⛔No |
Services Provided
| |
Equity Delivery
|
✅Yes
✅Yes
✅Yes |
Equity Intraday
|
✅Yes
✅Yes
✅Yes |
Equity Futures
|
✅Yes
✅Yes
✅Yes |
Equity Options
|
✅Yes
✅Yes
✅Yes |
Currency Futures
|
⛔No
⛔No
✅Yes |
Currency Options
|
⛔No
⛔No
✅Yes |
Commodity Futures
|
⛔No
⛔No
✅Yes |
Commodity Options
|
⛔No
⛔No
✅Yes |
Foreign Stocks
|
✅Yes
✅Yes, US stocks
⛔No |
Mutual Funds
|
✅Yes
✅Yes
✅Yes |
Banking
|
⛔No
⛔No
⛔No |
Insurance
|
⛔No
⛔No
⛔No |
Corporate Bonds
|
⛔No
⛔No
⛔No |
Govt. Bonds
|
⛔No
⛔No
⛔No |
Digital Gold
|
⛔No
⛔No
⛔No |
Order Types
| |
Market Order
|
✅Yes
✅Yes
✅Yes |
Limit Order
|
✅Yes
✅Yes
✅Yes |
Bracket Order
|
✅Yes
⛔No
✅Yes |
Cover Order
|
✅Yes
⛔No
✅Yes |
After Market Order (AMO)
|
✅Yes
✅Yes
✅Yes |
Good Till Cancelled (GTC)
|
✅Yes
✅Yes
✅Yes |
Buy Today Sell Tomorrow (BTST)
|
⛔No
⛔No
⛔No |
Sell Today Buy Tomorrow (STBT)
|
⛔No
⛔No
⛔No |
Research & Reports
| |
Annual Reports
|
✅Yes
✅Yes
✅Yes, powered by Tickertape |
Company Reports
|
✅Yes
✅Yes
✅Yes, powered by Tickertape |
Research Reports
|
⛔No
⛔No
✅Yes, powered by Tickertape |
Fundamental Reports
|
✅Yes
✅Yes
✅Yes, powered by Tickertape |
IPO Reports
|
✅Yes
✅Yes
✅Yes |
Technical Reports
|
✅Yes
⛔No
✅Yes, powered by Streak |
Stock tips
|
⛔No
⛔No
⛔No |
Daily Market Review
|
✅Yes
✅Yes
⛔No |
Monthly Review
|
✅Yes
✅Yes
⛔No |
Weekly Review
|
✅Yes
✅Yes
⛔No |
Robo Advisory
|
⛔No
⛔No
⛔No |
STT & CTT Charges
| |
Equity Delivery STT & CTT
|
0.1% on buy & sell
0.1% on Buy & Sell
0.1% on buy & sell |
Equity Intraday STT & CTT
|
0.025% on sell transactions
0.025% on the sell side
0.025% on the sell side |
Equity Futures STT & CTT
|
0.0125% on sell side
0.0125% on the sell side
0.0125% on the sell side |
Equity Options STT & CTT
|
0.0625% on sell side (on premium)
0.0625% on sell side (on premium)
0.0625% on sell side (on premium) |
Currency Futures STT & CTT
|
⛔ Does not offer
⛔ Does not offer
No STT |
Currency Options STT & CTT
|
⛔ Does not offer
⛔ Does not offer
No STT |
Commodity Futures STT & CTT
|
⛔ Does not offer
⛔ Does not offer
0.01% on sell side (Non-Agri) |
Commodity Options STT & CTT
|
⛔ Does not offer
⛔ Does not offer
0.05% on sell side |
Trading Features
| |
Watchlist
|
✅Yes
✅Yes
✅Yes |
Real Time Updates
|
✅Yes
✅Yes
✅Yes |
Portfolio Details
|
✅Yes
✅Yes
✅Yes |
Price Alert
|
✅Yes
✅Yes
✅Yes |
Online Mutual Fund Buy
|
✅Yes
✅Yes
✅Yes |
Global indices
|
✅Yes
⛔No
⛔No |
Customized Recommendations
|
⛔No
⛔No
⛔No |
Advanced charting
|
⛔No
⛔No
✅Yes |
Live market
|
✅Yes
✅Yes
✅Yes |
Multiple Profile Management
|
⛔No
⛔No
⛔No |
Secure Platform
|
✅Yes
✅Yes
✅Yes |
Trading Platforms
| |
Android App
|
✅Yes
✅Yes
✅Yes |
iOS App
|
✅Yes
✅Yes
✅Yes |
Web Trading Platform
|
✅Yes
✅Yes
✅Yes |
Trading Terminal
|
⛔No
⛔No
✅Yes |
Algo Trading Platform
|
⛔No
⛔No
✅Yes |
Foreign Stocks Trading Platform
|
✅Yes
✅Yes, US stocks only
⛔No |
Basket Trading Platform
|
⛔No
⛔No
✅Yes |
Mutual Fund Investment Platform
|
✅Yes
✅Yes
✅Yes |
Digital Gold Investment Platform
|
⛔No
⛔No
⛔No |
Bonds Investment Platform
|
⛔No
⛔No
⛔No |
Transaction Charges
| |
Equity Delivery Transaction Charges
|
BSE: 0.00375%, NSE: 0.00325%
NSE: 0.00325% | BSE: 0.00325%
NSE: 0.00325% | BSE: 0.00375% |
Equity Intraday Transaction Charges
|
BSE: 0.00375%, NSE: 0.00325%
NSE: 0.00325% | BSE: 0.00325%
NSE: 0.00325% | BSE: 0.00375% |
Equity Futures Transaction Charges
|
NSE: 0.0019%, BSE: 0 (Zero)
NSE: 0.00230%
NSE: 0.0019% | BSE: 0 |
Equity Options Transaction Charges
|
NSE: 0.05% (on premium), BSE: 0.005% (on premium)
NSE: 0.056% (on premium)
NSE: 0.05% (on premium) | BSE: 0.005% (on premium) |
Currency Futures Transaction Charges
|
Does not offer
Does not offer
0.0009% |
Currency Options Transaction Charges
|
Does not offer
Does not offer
NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% |
Commodity Futures Transaction Charges
|
Does not offer
Does not offer
Exchange txn charge: 0.0026% |
Commodity Options Transaction Charges
|
Does not offer
Does not offer
Exchange txn charge: 0.05% |
Stamp Duty charges
| |
Equity Delivery Stamp Duty
|
0.015% Buy
0.015% or ₹1500 / crore on buy side
0.015% or ₹1500 / crore on buy side |
Equity Intraday Stamp Duty
|
0.003% Buy
0.003% or ₹300 / crore on buy side
0.003% or ₹300 / crore on buy side |
Equity Futures Stamp Duty
|
0.002% or ₹200 / crore on buy side
0.002% or ₹200 / crore on buy side
0.002% or ₹200 / crore on buy side |
Equity Options Stamp Duty
|
0.003% or ₹300 / crore on buy side
0.003% or ₹300 / crore on buy side
0.003% or ₹300 / crore on buy side |
Currency Futures Stamp Duty
|
⛔ Does not offer
⛔ Does not offer
0.0001% or ₹10 / crore on buy side |
Currency Options Stamp Duty
|
⛔ Does not offer
⛔ Does not offer
0.0001% or ₹10 / crore on buy side |
Commodity Futures Stamp Duty
|
⛔ Does not offer
⛔ Does not offer
0.002% or ₹200 / crore on buy side |
Commodity Options Stamp Duty
|
⛔ Does not offer
⛔ Does not offer
0.003% or ₹300 / crore on buy side |
Other Charges
| |
SEBI Turnover Charges
|
₹10/Crore (For all segments)
₹10 / crore
₹10 / crore |
DP Charges
|
₹13.5/scrip
₹20
₹13.5 + GST per scrip (irrespective of quantity) |
GST charges
|
18% of (brokerage + transaction charges + Demat)
18%
18% of (Brokerage + Transaction charges + Demat) |
Account Closure Charges
|
Free
Free
Free |
Reactivation Charges
|
Free
Free
Free |
Dematerialization Charges
|
₹250 per certificate
₹50 / Share Certificate + Courier Charges
₹150 per share certificate, ₹100 courier charges, + 18% GST |
Call and Trade charges
|
₹ 500 per order
₹20 / Call
₹50 per order |