COMPARE

IIFL Securities vs HDFC Sky – Compare Charges, Trading Features, Offers & more

Find a Comparison of IIFL 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 IIFL Securities and HDFC Sky.

Background

Year of Incorporation 1996 2000
Website https://www.indiainfoline.com/ https://hdfcsky.com/
Phone 022-40071000 022-68494702
Exchanges enabled NSE, BSE, MCX-SX, MCX, & NCDEX BSE, NSE, MSEI, MCX
Demat (NSDL/CDSL) NSDL/CDSL CDSL and NSDL
Brokerage

Equity 0.05% Intraday & 0.5% Delivery - Negotiable Rs 20 or 2.5% (Whichever is low) for both Intraday & Delivery
Equity Futures 0.05% of Turnover - Negotiable Rs 20 or 2.5% (Whichever is low)
Equity Options Rs 100/lot - Negotiable Rs 20 per executed order
Currency Futures Rs 25/lot - Negotiable Rs 20 or 2.5% (Whichever is low)
Currency Options Rs 10/lot - Negotiable Rs 20 per executed order
Commodity 0.03% - Negotiable Rs 20 per executed order
Account Opening Costs

Trading only NA Free
Trading & Demat Rs 750 Free
Commodity NIL Free
Transparency & other costs

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

Equity 0.00325% of Turnover 0.1% on Buy & Sell
Futures 0.0038% of Turnover 0.0125% on Sell side
Options 0.058% of Turnove 0.0625% on Sell side
Commodities 0.0041% of Turnover 0.0625% on Sell side
AMC charge Onetime Rs 555 or Rs 25/month Rs 240 per year
DP Transaction Charge 0.05% ( Minimum Rs 15 & Max Rs 100) Rs 20
Offline order placing Charge NIL Nil
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 20 Days 7 Days
End of Day 10 Years 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 20x Intraday, & 3x for Delivery 1x on Delivery & upto 5x on Intraday
Equity Futures Upto 3x for Intraday 1x
Equity Options Buying no leverage, Shorting upto 3x Upto 1.3x for Intraday
Currency Futures Upto 2x for Intraday 1x
Currency Options Buying no leverage, Shorting upto 2x Upto 2x
Commodity Upto 3x for Intraday Upto 1.3x for Intraday
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 2.78 Crores Rs 34 Crores
Profit after Tax FY12/13 Rs 9.69 Crores Rs 46 Crores
Profit after Tax FY13/14 Rs 14.69 Crores Rs 58.5 Crores
Profit after Tax FY 14/15 Rs 20.18 Crores Rs 70.56 Crores
Profit after Tax FY 15/16 Rs 25.84 Crores Rs 86.18 Crores
Profit after Tax FY 16/17 Rs 31.10 Crores Rs 93.16 Crores
Profit after Tax FY 17/18 Rs 31.10 Crores Rs 93.75 Crores
Profit after Tax FY 18/19 Rs 20.40 Crores Rs 92.16 Crores
Profit after Tax FY 19/20 Rs 27.72 Crores Rs 101.04 Crores
Profit after Tax FY 20/21 Rs 32.50 Crores Rs 106.38 Crores
Profit after Tax FY 21/22 Rs (214.66) Crores Rs 114.11 Crores
Profit after Tax FY 22/23 Rs (258.79) Crores Rs 117.88 Crores
Debt FY11/12 Rs 66.8 Crores Rs 18.04 Crores
Debt FY12/13 Rs 78.93 Crores Rs 12.77 Crores
Debt FY13/14 Rs 86.11 Crores Rs 18.41 Crores
Debt FY14/15 Rs 97.03 Crores Rs 19.90 Crores
Debt FY15/16 Rs 112.99 Crores Rs 20.45 Crores
Debt FY16/17 Rs 82.92 Crores Rs 21.47 Crores
Debt FY17/18 Rs 126.84 Crores Rs 24.55 Crores
Debt FY18/19 Rs 135.59 Crores Rs 20.35 Crores
Debt FY19/20 Rs 89.28 Crores Rs 17.85 Crores
Debt FY20/21 Rs 80.36 Crores Rs 28.15 Crores
Debt FY21/22 Rs 135.19 Crores Rs 17.34 Crores
Debt FY22/23 Rs 122.87 Crores Rs 16.41 Crores
Profit to Equity(%) FY11/12 17.48% 11.12%
Profit to Equity(%) FY12/13 16.92% 14.48%
Profit to Equity(%) FY13/14 21.8% 16.37%
Profit to Equity(%) FY14/15 17.22% 19.95%
Profit to Equity(%) FY15/16 17.54% 21.78%
Profit to Equity(%) FY16/17 26.31% 21.14%
Profit to Equity(%) FY17/18 24.73% 23.12%
Profit to Equity(%) FY18/19 13.33% 25.83%
Profit to Equity(%) FY19/20 19.84% 25.58%
Profit to Equity(%) FY20/21 21.30% 28.36%
Profit to Equity(%) FY21/22 18.94% 31.98%
Profit to Equity(%) FY22/23 23.60% 34.21%
Balance Sheet Size FY11/12 Rs 782 Crores Rs 2555.02 Crores
Balance Sheet Size FY12/13 Rs 817 Crores Rs 2642.34 Crores
Balance Sheet Size FY13/14 Rs 827 Crores Rs 2467.69 Crores
Balance Sheet Size FY14/15 Rs 837.82 Crores Rs 3054.50 Crores
Balance Sheet Size FY15/16 Rs 835.05 Crores Rs 3467.89 Crores
Balance Sheet Size FY16/17 Rs 909.25 Crores Rs 3944.09 Crores
Balance Sheet Size FY17/18 Rs 947.73 Crores Rs 4072.42 Crores
Balance Sheet Size FY18/19 Rs 957.83 Crores Rs 4641.82 Crores
Balance Sheet Size FY19/20 Rs 960.20 Crores Rs 4934.50 Crores
Balance Sheet Size FY20/21 Rs 1,161.14 Crores Rs 5174.08 Crores
Balance Sheet Size FY21/22 Rs 1,315.5 Crores Rs 5438.13 Crores
Balance Sheet Size FY22/23 Rs 1,345 Crores Rs 5549.67 Crores

Comparison Link:

Compare IIFL Securities Compare HDFC Sky
IIFL Securities Vs Lemonn HDFC Sky Vs Lemonn
IIFL Securities Vs Mandot Securities HDFC Sky Vs Mandot Securities
IIFL Securities Vs Dhan HDFC Sky Vs Dhan
IIFL Securities Vs Goodwill Wealth HDFC Sky Vs Goodwill Wealth
IIFL Securities Vs Shoonya by Finvasia HDFC Sky Vs Shoonya by Finvasia
IIFL Securities Vs NJ Wealth HDFC Sky Vs NJ Wealth
IIFL Securities Vs Paytm Money HDFC Sky Vs Paytm Money
IIFL Securities Vs Goldmine Stocks HDFC Sky Vs Goldmine Stocks
IIFL Securities Vs Globe Capital HDFC Sky Vs Globe Capital
IIFL Securities Vs Finvasia HDFC Sky Vs Finvasia
IIFL Securities Vs Coimbatore Capital HDFC Sky Vs Coimbatore Capital
IIFL Securities Vs Cholamandalam Securities HDFC Sky Vs Cholamandalam Securities
IIFL Securities Vs Choice Equity Broking HDFC Sky Vs Choice Equity Broking
IIFL Securities Vs Canara Bank HDFC Sky Vs Canara Bank
IIFL Securities Vs Bonanza Portfolio HDFC Sky Vs Bonanza Portfolio
IIFL Securities Vs Bezel Stock Brokers HDFC Sky Vs Bezel Stock Brokers
IIFL Securities Vs Beeline Broking HDFC Sky Vs Beeline Broking
IIFL Securities Vs Bansal Finstock HDFC Sky Vs Bansal Finstock
IIFL Securities Vs Axis Direct HDFC Sky Vs Axis Direct
IIFL Securities Vs ASE Capital Markets HDFC Sky Vs ASE Capital Markets
IIFL Securities Vs Arihant Capital HDFC Sky Vs Arihant Capital
IIFL Securities Vs Alice Blue HDFC Sky Vs Alice Blue
IIFL Securities Vs 5Paisa HDFC Sky Vs 5Paisa
IIFL Securities Vs M.stock HDFC Sky Vs M.stock
IIFL Securities Vs WisdomCapital HDFC Sky Vs WisdomCapital
IIFL Securities Vs Way2wealth HDFC Sky Vs Way2wealth
IIFL Securities Vs Ventura Securities HDFC Sky Vs Ventura Securities
IIFL Securities Vs Navia Markets Ltd HDFC Sky Vs Navia Markets Ltd
IIFL Securities Vs Tradejini HDFC Sky Vs Tradejini
IIFL Securities Vs Tata Securities HDFC Sky Vs Tata Securities
IIFL Securities Vs Swastika Investmart HDFC Sky Vs Swastika Investmart
IIFL Securities Vs SMC Global HDFC Sky Vs SMC Global
IIFL Securities Vs SBICAP Securities HDFC Sky Vs SBICAP Securities
IIFL Securities Vs SASOnline HDFC Sky Vs SASOnline
IIFL Securities Vs Samco securities HDFC Sky Vs Samco securities
IIFL Securities Vs RK Global HDFC Sky Vs RK Global
IIFL Securities Vs Reliance Securities HDFC Sky Vs Reliance Securities
IIFL Securities Vs Nirmal Bang HDFC Sky Vs Nirmal Bang
IIFL Securities Vs Master Trust Capital HDFC Sky Vs Master Trust Capital
IIFL Securities Vs Kotak Securities HDFC Sky Vs Kotak Securities
IIFL Securities Vs Interactive Brokers HDFC Sky Vs Interactive Brokers
IIFL Securities Vs Dhani HDFC Sky Vs Dhani
IIFL Securities Vs IDBI Capital HDFC Sky Vs IDBI Capital
IIFL Securities Vs HDFC Securities HDFC Sky Vs HDFC Securities
IIFL Securities Vs Geojit HDFC Sky Vs Geojit
IIFL Securities Vs Fyers Securities HDFC Sky Vs Fyers Securities
IIFL Securities Vs Edelweiss Capital HDFC Sky Vs Edelweiss Capital
IIFL Securities Vs Easytradez HDFC Sky Vs Easytradez
IIFL Securities Vs Rupeezy HDFC Sky Vs Rupeezy
IIFL Securities Vs Anand Rathi HDFC Sky Vs Anand Rathi
IIFL Securities Vs Aditya Birla Money HDFC Sky Vs Aditya Birla Money
IIFL Securities Vs Achiievers HDFC Sky Vs Achiievers
IIFL Securities Vs A C Choksi HDFC Sky Vs A C Choksi
IIFL Securities Vs Angel Broking HDFC Sky Vs Angel Broking
IIFL Securities Vs Motilal Oswal HDFC Sky Vs Motilal Oswal
IIFL Securities Vs ICICI Direct HDFC Sky Vs ICICI Direct
IIFL Securities Vs Sharekhan HDFC Sky Vs Sharekhan
IIFL Securities Vs Groww HDFC Sky Vs Groww
IIFL Securities Vs Tradesmart Online HDFC Sky Vs Tradesmart Online
IIFL Securities Vs Upstox HDFC Sky Vs Upstox
IIFL Securities Vs Zerodha HDFC Sky Vs Zerodha

Frequently Asked Questions

Is IIFL Securities better than HDFC Sky ?

IIFL Securities and HDFC Sky 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 better than IIFL Securities ?

IIFL Securities and HDFC Sky 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 IIFL Securities cheaper than HDFC Sky ?

IIFL Securities and HDFC Sky 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 HDFC Sky cheaper than IIFL Securities ?

IIFL Securities and HDFC Sky 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 IIFL Securities vs. HDFC Sky ?

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