Find a Comparison of Cholamandalam Securities 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 Cholamandalam Securities and HDFC Sky.
| Year of Incorporation | 1978 | 2000 |
| Website | https://www.cholamandalam.com/ | https://hdfcsky.com/ |
| Phone | 1800-102-4565 | 022-68494702 |
| Exchanges enabled | BSE, NSE | BSE, NSE, MSEI, MCX |
| Demat (NSDL/CDSL) | CDSL and NSDL | CDSL and NSDL |
| Equity | 0.50% per Executed Order | Rs 20 or 2.5% (Whichever is low) for both Intraday & Delivery |
| Equity Futures | 0.05% per Executed Order | Rs 20 or 2.5% (Whichever is low) |
| Equity Options | Rs.50 per Lot | Rs 20 per executed order |
| Currency Futures | 0.05% per Executed Order | Rs 20 or 2.5% (Whichever is low) |
| Currency Options | Rs.25 per Lot | Rs 20 per executed order |
| Commodity | Not Available | Rs 20 per executed order |
| Trading only | Free | Free |
| Trading & Demat | Rs.300 | Free |
| Commodity | Not Available | Free |
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.00325% | 0.1% on Buy & Sell |
| Futures | 0.0019% of Turnover | 0.0125% on Sell side |
| Options | 0.05% of Turnover | 0.0625% on Sell side |
| Commodities | Not Available | 0.0625% on Sell side |
| AMC charge | Rs.300 per Annum | Rs 240 per year |
| DP Transaction Charge | Rs 20 | Rs 20 |
| Offline order placing Charge | Nil | Nil |
| Software |  |
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| Web/HTML 5 | |
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| Mobile | |
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| Intraday | 7 Days | 7 Days |
| End of Day | 5 Years | 5 Years |
| Coding/Backtesting | |
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| Online Trade Reports | |
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| Online PNL Reports | |
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| Online Contract Notes | |
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Leverage Provided
| Equity | Upto 2x for Delivery & Upto 6x for Intraday | 1x on Delivery & upto 5x on Intraday |
| Equity Futures | Upto 3x | 1x |
| Equity Options | Upto 5x | Upto 1.3x for Intraday |
| Currency Futures | Upto 3x | 1x |
| Currency Options | Upto 3x | Upto 2x |
| Commodity | Not Available | Upto 1.3x for Intraday |
| Research & Tips | |
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| Brokerage Calculator | |
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| Margin Calculator | |
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| Bracket orders & Trailing Stoploss | |
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| Training & Education | |
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| 3 in 1 Account | |
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| Instant Fund withdrawal | |
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| Relationship Managers | |
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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 (2,938) Crores | Rs 34 Crores |
| Profit after Tax FY12/13 | Rs 3,655 Crores | Rs 46 Crores |
| Profit after Tax FY13/14 | Rs 2,364.01 Crores | Rs 58.5 Crores |
| Profit after Tax FY 14/15 | Rs 4,735.16 Crores | Rs 70.56 Crores |
| Profit after Tax FY 15/16 | Rs 6,568.45 Crores | Rs 86.18 Crores |
| Profit after Tax FY 16/17 | Rs 7,819 Crores | Rs 93.16 Crores |
| Profit after Tax FY 17/18 | Rs 9,618 Crores | Rs 93.75 Crores |
| Profit after Tax FY 18/19 | Rs 11,186 Crores | Rs 92.16 Crores |
| Profit after Tax FY 19/20 | Rs 12,052.73 Crores | Rs 101.04 Crores |
| Profit after Tax FY 20/21 | Rs 15,515.44 Crores | Rs 106.38 Crores |
| Profit after Tax FY 21/22 | Rs 18,147.94 Crores | Rs 114.11 Crores |
| Profit after Tax FY 22/23 | Rs 21,666.69 Crores | Rs 117.88 Crores |
| Debt FY11/12 | Rs 4.7 Crores | Rs 18.04 Crores |
| Debt FY12/13 | Rs 8.87 Crores | Rs 12.77 Crores |
| Debt FY13/14 | Rs 10.90 Crores | Rs 18.41 Crores |
| Debt FY14/15 | Rs 15.15 Crores | Rs 19.90 Crores |
| Debt FY15/16 | Rs 18.36 Crores | Rs 20.45 Crores |
| Debt FY16/17 | Rs 19.23 Crores | Rs 21.47 Crores |
| Debt FY17/18 | Rs 20.96 Crores | Rs 24.55 Crores |
| Debt FY18/19 | Rs 19.64 Lakhs | Rs 20.35 Crores |
| Debt FY19/20 | Rs 24.17 Crores | Rs 17.85 Crores |
| Debt FY20/21 | Rs 27.39 Crores | Rs 28.15 Crores |
| Debt FY21/22 | Rs 28.52 Crores | Rs 17.34 Crores |
| Debt FY22/23 | Rs 29.61 Crores | Rs 16.41 Crores |
| Profit to Equity(%) FY11/12 | 15.74% | 11.12% |
| Profit to Equity(%) FY12/13 | 16.68% | 14.48% |
| Profit to Equity(%) FY13/14 | 17.34% | 16.37% |
| Profit to Equity(%) FY14/15 | 17.73% | 19.95% |
| Profit to Equity(%) FY15/16 | 18.75% | 21.78% |
| Profit to Equity(%) FY16/17 | 18.49% | 21.14% |
| Profit to Equity(%) FY17/18 | 17.54% | 23.12% |
| Profit to Equity(%) FY18/19 | 18.53% | 25.83% |
| Profit to Equity(%) FY19/20 | 18.09% | 25.58% |
| Profit to Equity(%) FY20/21 | 19.34% | 28.36% |
| Profit to Equity(%) FY21/22 | 20.30% | 31.98% |
| Profit to Equity(%) FY22/23 | 21.18% | 34.21% |
| Balance Sheet Size FY11/12 | Rs 9,678.26 Crores | Rs 2555.02 Crores |
| Balance Sheet Size FY12/13 | Rs 13,430.26 Crores | Rs 2642.34 Crores |
| Balance Sheet Size FY13/14 | Rs 18,184.80 Crores | Rs 2467.69 Crores |
| Balance Sheet Size FY14/15 | Rs 21,546.80 Crores | Rs 3054.50 Crores |
| Balance Sheet Size FY15/16 | Rs 23,873.23 Crores | Rs 3467.89 Crores |
| Balance Sheet Size FY16/17 | Rs 30,594.80 Crores | Rs 3944.09 Crores |
| Balance Sheet Size FY17/18 | Rs 44,089.73 Crores | Rs 4072.42 Crores |
| Balance Sheet Size FY18/19 | Rs 57,426.30 Crores | Rs 4641.82 Crores |
| Balance Sheet Size FY19/20 | Rs 64,002.39 Crores | Rs 4934.50 Crores |
| Balance Sheet Size FY20/21 | Rs 74,548.42 Crores | Rs 5174.08 Crores |
| Balance Sheet Size FY21/22 | Rs 82,363.68 Crores | Rs 5438.13 Crores |
| Balance Sheet Size FY22/23 | Rs 1,13,515.90 Crores | Rs 5549.67 Crores |
Cholamandalam Securities Securities and HDFC Sky are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.
Yes, both Cholamandalam Securities Securities and HDFC Sky provide mobile trading apps for better user interface and seamless trading experience.
The account opening charges by brokers Cholamandalam Securities and HDFC Sky for both trading and demat are zero. Charges may vary, kindly read the above comparison.
Both Cholamandalam Securities and HDFC Sky are SEBI-registered brokers with good reputations. Cholamandalam Securities is known for its trading platforms, while HDFC Sky is praised for cost-effective pricing.
Yes, both Cholamandalam Securities and HDFC Sky offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.
