HDFC Sky vs Paytm Money – Compare Charges, Trading Features, Offers & more

Find a Comparison of HDFC Sky vs Paytm Money 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 HDFC Sky and Paytm Money.

Background

Year of Incorporation 2000 2017
Website https://hdfcsky.com/ https://www.paytmmoney.com/
Phone 022-68494702 07612796277
Exchanges enabled BSE, NSE, MSEI, MCX BSE, NSE
Demat (NSDL/CDSL) CDSL and NSDL CDSL
Brokerage

Equity Rs 20 or 2.5% (Whichever is low) for both Intraday & Delivery 2.5% or Rs 20 per executed order, whichever is lower
Equity Futures Rs 20 or 2.5% (Whichever is low) 0.02% or Rs 20 per executed order, whichever is lower
Equity Options Rs 20 per executed order Rs 20 per lot
Currency Futures Rs 20 or 2.5% (Whichever is low) Not Available
Currency Options Rs 20 per executed order Not Available
Commodity Rs 20 per executed order Not Available
Account Opening Costs

Trading only Free Rs 200
Trading & Demat Free Rs 200
Commodity Free Not Available
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.1% on Buy & Sell 0.00325%
Futures 0.0125% on Sell side 0.003% of Turnover
Options 0.0625% on Sell side 0.05%
Commodities 0.0625% on Sell side Not Available
AMC charge Rs 240 per year Rs 0
DP Transaction Charge Rs 20 Rs. 13.5/- per sell transaction
Offline order placing Charge Nil 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days Yes
End of Day 5 Years Yes
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 5x on Intraday Upto 4x for Intraday
Equity Futures 1x Upto 2x for intraday
Equity Options Upto 1.3x for Intraday 1x
Currency Futures 1x Not Available
Currency Options Upto 2x Not Available
Commodity Upto 1.3x for Intraday Not Available
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

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 34 Crores Not Available
Profit after Tax FY12/13 Rs 46 Crores Not Available
Profit after Tax FY13/14 Rs 58.5 Crores Not Available
Profit after Tax FY 14/15 Rs 70.56 Crores Not Available
Profit after Tax FY 15/16 Rs 86.18 Crores Not Available
Profit after Tax FY 16/17 Rs 93.16 Crores Not Available
Profit after Tax FY 17/18 Rs 93.75 Crores Rs -1490.47 Crores
Profit after Tax FY 18/19 Rs 92.16 Crores Rs -2,325.10 Crores
Profit after Tax FY 19/20 Rs 101.04 Crores Rs -1,855.80 Crores
Profit after Tax FY 20/21 Rs 106.38 Crores Rs -1,672.50 Crores
Profit after Tax FY 21/22 Rs 114.11 Crores Rs -1,476.20 Crores
Profit after Tax FY 22/23 Rs 117.88 Crores Rs 170 Crores
Debt FY11/12 Rs 18.04 Crores Not Available
Debt FY12/13 Rs 12.77 Crores Not Available
Debt FY13/14 Rs 18.41 Crores Not Available
Debt FY14/15 Rs 19.90 Crores Not Available
Debt FY15/16 Rs 20.45 Crores Not Available
Debt FY16/17 Rs 21.47 Crores Not Available
Debt FY17/18 Rs 24.55 Crores Rs 8.96 Crores
Debt FY18/19 Rs 20.35 Crores Rs 17.64 Lakhs
Debt FY19/20 Rs 17.85 Crores Rs 24.17 Crores
Debt FY20/21 Rs 28.15 Crores Rs 22.46 Lakhs
Debt FY21/22 Rs 17.34 Crores Rs 24.41 Lakhs
Debt FY22/23 Rs 16.41 Crores Rs 36.35 Lakhs
Profit to Equity(%) FY11/12 11.12% Not Available
Profit to Equity(%) FY12/13 14.48% Not Available
Profit to Equity(%) FY13/14 16.37% Not Available
Profit to Equity(%) FY14/15 19.95% Not Available
Profit to Equity(%) FY15/16 21.78% Not Available
Profit to Equity(%) FY16/17 21.14% Not Available
Profit to Equity(%) FY17/18 23.12% 7.40
Profit to Equity(%) FY18/19 25.83% 11.34
Profit to Equity(%) FY19/20 25.58% 13.57
Profit to Equity(%) FY20/21 28.36% 20.75
Profit to Equity(%) FY21/22 31.98% 15.31
Profit to Equity(%) FY22/23 34.21% 19.17
Balance Sheet Size FY11/12 Rs 2555.02 Crores Not Available
Balance Sheet Size FY12/13 Rs 2642.34 Crores Not Available
Balance Sheet Size FY13/14 Rs 2467.69 Crores Not Available
Balance Sheet Size FY14/15 Rs 3054.50 Crores Not Available
Balance Sheet Size FY15/16 Rs 3467.89 Crores Not Available
Balance Sheet Size FY16/17 Rs 3944.09 Crores Not Available
Balance Sheet Size FY17/18 Rs 4072.42 Crores Rs 3952.01 Crore
Balance Sheet Size FY18/19 Rs 4641.82 Crores Rs 10,751.75 Crores
Balance Sheet Size FY19/20 Rs 4934.50 Crores Rs 14,542.33 Crores
Balance Sheet Size FY20/21 Rs 5174.08 Crores Rs 16,356.60 Crores
Balance Sheet Size FY21/22 Rs 5438.13 Crores Rs 15,636.40 Crores
Balance Sheet Size FY22/23 Rs 5549.67 Crores Rs 14,988.80 Crores

Comparison Link:

Compare HDFC Sky Compare Paytm Money
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HDFC Sky Vs Nirmal Bang Paytm Money Vs Nirmal Bang
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HDFC Sky Vs Kotak Securities Paytm Money Vs Kotak Securities
HDFC Sky Vs Interactive Brokers Paytm Money Vs Interactive Brokers
HDFC Sky Vs IIFL Securities Paytm Money Vs IIFL Securities
HDFC Sky Vs Dhani Paytm Money Vs Dhani
HDFC Sky Vs IDBI Capital Paytm Money Vs IDBI Capital
HDFC Sky Vs HDFC Securities Paytm Money Vs HDFC Securities
HDFC Sky Vs Geojit Paytm Money Vs Geojit
HDFC Sky Vs Fyers Securities Paytm Money Vs Fyers Securities
HDFC Sky Vs Edelweiss Capital Paytm Money Vs Edelweiss Capital
HDFC Sky Vs Easytradez Paytm Money Vs Easytradez
HDFC Sky Vs Rupeezy Paytm Money Vs Rupeezy
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HDFC Sky Vs Aditya Birla Money Paytm Money Vs Aditya Birla Money
HDFC Sky Vs Achiievers Paytm Money Vs Achiievers
HDFC Sky Vs Angel One Paytm Money Vs Angel One
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HDFC Sky Vs ICICI Direct Paytm Money Vs ICICI Direct
HDFC Sky Vs Sharekhan Paytm Money Vs Sharekhan
HDFC Sky Vs Groww Paytm Money Vs Groww
HDFC Sky Vs Tradesmart Online Paytm Money Vs Tradesmart Online
HDFC Sky Vs Upstox Paytm Money Vs Upstox
HDFC Sky Vs Zerodha Paytm Money Vs Zerodha

Frequently Asked Questions

Is HDFC Sky better than Paytm Money ?

HDFC Sky and Paytm Money are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Paytm Money better than HDFC Sky ?

HDFC Sky and Paytm Money are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is HDFC Sky cheaper than Paytm Money ?

HDFC Sky and Paytm Money are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Paytm Money cheaper than HDFC Sky ?

HDFC Sky and Paytm Money are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better HDFC Sky vs. Paytm Money ?

To find out the better of the two stockbrokers HDFC Sky and Paytm Money, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.