Detailed side-by-side comparison of brokerage rates, account maintenance fees, trading platforms, and user ratings to help you choose the winner for your trading style.
Discount trading arm of HDFC Securities offering flat ₹20 brokerage across all segments
Pioneer of discount broking with India's benchmark Kite trading platform
| Feature / Metric | HDFC Sky | Zerodha |
|---|---|---|
| Category | discount | discount |
| Active NSE Clients | 6+ Lakhs (Rank #8) | 76+ Lakhs (Rank #2) |
| Account Opening Fee | ₹0 (Free Demat Onboarding) | ₹200 (Equity & F&O) |
| Annual Maintenance Charges (AMC) | ₹0 for 1st Year, then ₹300/year | ₹300/year + 18% GST (Billed ₹75/quarter) |
| Equity Delivery Brokerage | ₹20 or 0.1% (whichever is lower) | ₹0 (Free Lifetime) |
| Equity Intraday Brokerage | ₹20 flat per order | ₹20 or 0.03% (whichever is lower) per order |
| Equity Options Brokerage | ₹20 flat per executed order | ₹20 flat per executed order |
| CDSL DP Charges (Per Sell Debit) | ₹15.50 + GST per debit transaction | ₹13.50 + GST per debit per ISIN (CDSL) |
| Margin Trading (MTF) Interest Rate | 12% p.a. (Margin Trading Facility with 4x leverage) | 10.5% p.a. (0.028% per day via Margin Trading Facility) |
| Developer / Algorithmic API | Not Publicly Available | ₹2,000/month (Kite Connect API) + ₹2,000 for Historical Data |
| TradingView Chart Integration | ✓ Included | ✓ Included |
| NSE Complaint Ratio | 0.02% | 0.02% |
HDFC Bank account holders wanting low flat brokerage while retaining the safety of India's largest private bank.
Serious long-term investors, swing traders, and active traders demanding a clean, stable UI.
Simulate trades with live STT, SEBI, GST, Stamp Duty, and DP charges across top Indian stock brokers.
Zero Brokerage on Equity Delivery + Free Access to Coin & Varsity
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