M.stock vs HDFC Sky – Compare Charges, Trading Features, Offers & more

Find a Comparison of M.stock 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 M.stock and HDFC Sky.

Background

Year of Incorporation 1985 2000
Website https://www.mstock.com/ https://hdfcsky.com/
Phone 1800-210-0818 022-68494702
Exchanges enabled NSE, BSE, NFO, MCX & NCDEX BSE, NSE, MSEI, MCX
Demat (NSDL/CDSL) CDSL CDSL and NSDL
Brokerage

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

Trading only Rs 999 for Lifetime Free
Trading & Demat Rs 999 for Lifetime Free
Commodity Not Available 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 0.0019% 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 120 every quarter or Rs 999 Lifetime Rs 240 per year
DP Transaction Charge Rs 12 per Transaction Rs 20
Offline order placing Charge Free Nil
Platforms

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 4x for Intraday & Upto 1x for Delivery 1x on Delivery & upto 5x on Intraday
Equity Futures Upto 1x for intraday 1x
Equity Options Upto 1x Upto 1.3x for Intraday
Currency Futures Upto 1x 1x
Currency Options Upto 1x Upto 2x
Commodity Not Available 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 24.68 Crores Rs 34 Crores
Profit after Tax FY12/13 Rs 40.99 Crores Rs 46 Crores
Profit after Tax FY13/14 Rs 39.19 Crores Rs 58.5 Crores
Profit after Tax FY 14/15 Rs 36.00 Crores Rs 70.56 Crores
Profit after Tax FY 15/16 Rs 25.83 Crores Rs 86.18 Crores
Profit after Tax FY 16/17 Rs 44.82 Crores Rs 93.16 Crores
Profit after Tax FY 17/18 Rs 43.61 Crores Rs 93.75 Crores
Profit after Tax FY 18/19 Rs 44.66 Crores Rs 92.16 Crores
Profit after Tax FY 19/20 Rs 44.66 Crores Rs 101.04 Crores
Profit after Tax FY 20/21 Rs 36.63 Crores Rs 106.38 Crores
Profit after Tax FY 21/22 Rs 32.87 Crores Rs 114.11 Crores
Profit after Tax FY 22/23 Rs 39.18 Crores Rs 117.88 Crores
Debt FY11/12 Rs 70.61 Crores Rs 18.04 Crores
Debt FY12/13 Rs 98.69 Crores Rs 12.77 Crores
Debt FY13/14 Rs 67.59 Crores Rs 18.41 Crores
Debt FY14/15 Rs 95.48 Crores Rs 19.90 Crores
Debt FY15/16 Rs 105.86 Crores Rs 20.45 Crores
Debt FY16/17 Rs 112.54 Crores Rs 21.47 Crores
Debt FY17/18 Rs 95.70 Crores Rs 24.55 Crores
Debt FY18/19 Rs 95.70 Crores Rs 20.35 Crores
Debt FY19/20 Rs 100.00 Crores Rs 17.85 Crores
Debt FY20/21 Rs 71.84 Crores Rs 28.15 Crores
Debt FY21/22 Rs 78.71 Crores Rs 17.34 Crores
Debt FY22/23 Rs 86.05 Crores Rs 16.41 Crores
Profit to Equity(%) FY11/12 7.70 11.12%
Profit to Equity(%) FY12/13 7.68 14.48%
Profit to Equity(%) FY13/14 8.92 16.37%
Profit to Equity(%) FY14/15 8.79 19.95%
Profit to Equity(%) FY15/16 8.79 21.78%
Profit to Equity(%) FY16/17 10.41 21.14%
Profit to Equity(%) FY17/18 15.66 23.12%
Profit to Equity(%) FY18/19 14.77 25.83%
Profit to Equity(%) FY19/20 14.70 25.58%
Profit to Equity(%) FY20/21 18.22 28.36%
Profit to Equity(%) FY21/22 17.76 31.98%
Profit to Equity(%) FY22/23 19.13 34.21%
Balance Sheet Size FY11/12 Rs 18.34 Crores Rs 2555.02 Crores
Balance Sheet Size FY12/13 Rs 19.30 Crores Rs 2642.34 Crores
Balance Sheet Size FY13/14 Rs 16.69 Crores Rs 2467.69 Crores
Balance Sheet Size FY14/15 Rs 16.18 Crores Rs 3054.50 Crores
Balance Sheet Size FY15/16 Rs 18.44 Crores Rs 3467.89 Crores
Balance Sheet Size FY16/17 Rs 15.93 Crores Rs 3944.09 Crores
Balance Sheet Size FY17/18 Rs 19.16 Crores Rs 4072.42 Crores
Balance Sheet Size FY18/19 Rs 25.87 Crores Rs 4641.82 Crores
Balance Sheet Size FY19/20 Rs 19.28 Crores Rs 4934.50 Crores
Balance Sheet Size FY20/21 Rs 21.79 Crores Rs 5174.08 Crores
Balance Sheet Size FY21/22 Rs 20.52 Crores Rs 5438.13 Crores
Balance Sheet Size FY22/23 Rs 29.25 Crores Rs 5549.67 Crores

Comparison Link:

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Frequently Asked Questions

Is M.stock better than HDFC Sky ?

M.stock 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 M.stock ?

M.stock 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 M.stock cheaper than HDFC Sky ?

M.stock 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 M.stock ?

M.stock 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 M.stock vs. HDFC Sky ?

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