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 2022 2000
Website https://www.mstock.com/ https://hdfcsky.com/
Phone 1800-2100-818 022-68494702
Exchanges enabled NSE, BSE BSE, NSE, MSEI, MCX
Demat (NSDL/CDSL) CDSL CDSL and NSDL
Brokerage

Equity Rs 0 for Delivery Rs 20 or 2.5% (Whichever is low) for both Intraday & Delivery
Equity Futures Rs 5 per Order Rs 20 or 2.5% (Whichever is low)
Equity Options Rs 5 per Order Rs 20 per executed order
Currency Futures Rs 5 per Order Rs 20 or 2.5% (Whichever is low)
Currency Options Rs 5 per Order Rs 20 per executed order
Commodity Not Available Rs 20 per executed order
Account Opening Costs

Trading only Free Free
Trading & Demat Rs 0 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 NSE: 0.00297% | BSE: 0.00375% 0.1% on Buy & Sell
Futures NSE: 0.00173% | BSE: 0 0.0125% on Sell side
Options NSE: 0.03503% (on premium) | BSE: 0.0325% (on premium) 0.0625% on Sell side
Commodities Not Available 0.0625% on Sell side
AMC charge Rs 0 Rs 240 per year
DP Transaction Charge Rs 18 per debit transaction + GST Rs 20
Offline order placing Charge Free Nil
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Years 7 Days
End of Day BSE: 2002 onwards NSE: 2004 onwards 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Up to 4x intraday (25%)& up to 5x MTF (20%) 1x on Delivery & upto 5x on Intraday
Equity Futures Up to 1x (100% (SPAN + Exposure) margin) 1x
Equity Options Buying no leverage, Shorting 1x (100% (SPAN + Exposure) margin Upto 1.3x for Intraday
Currency Futures Not Available 1x
Currency Options Not Available 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 N/A Rs 34 Crores
Profit after Tax FY12/13 N/A Rs 46 Crores
Profit after Tax FY13/14 N/A Rs 58.5 Crores
Profit after Tax FY 14/15 N/A Rs 70.56 Crores
Profit after Tax FY 15/16 N/A Rs 86.18 Crores
Profit after Tax FY 16/17 N/A Rs 93.16 Crores
Profit after Tax FY 17/18 N/A Rs 93.75 Crores
Profit after Tax FY 18/19 N/A Rs 92.16 Crores
Profit after Tax FY 19/20 N/A Rs 101.04 Crores
Profit after Tax FY 20/21 N/A Rs 106.38 Crores
Profit after Tax FY 21/22 N/A Rs 114.11 Crores
Profit after Tax FY 22/23 N/A Rs 117.88 Crores
Debt FY11/12 N/A Rs 18.04 Crores
Debt FY12/13 N/A Rs 12.77 Crores
Debt FY13/14 N/A Rs 18.41 Crores
Debt FY14/15 N/A Rs 19.90 Crores
Debt FY15/16 N/A Rs 20.45 Crores
Debt FY16/17 N/A Rs 21.47 Crores
Debt FY17/18 N/A Rs 24.55 Crores
Debt FY18/19 N/A Rs 20.35 Crores
Debt FY19/20 N/A Rs 17.85 Crores
Debt FY20/21 N/A Rs 28.15 Crores
Debt FY21/22 N/A Rs 17.34 Crores
Debt FY22/23 N/A Rs 16.41 Crores
Profit to Equity(%) FY11/12 N/A 11.12%
Profit to Equity(%) FY12/13 N/A 14.48%
Profit to Equity(%) FY13/14 N/A 16.37%
Profit to Equity(%) FY14/15 N/A 19.95%
Profit to Equity(%) FY15/16 N/A 21.78%
Profit to Equity(%) FY16/17 N/A 21.14%
Profit to Equity(%) FY17/18 N/A 23.12%
Profit to Equity(%) FY18/19 N/A 25.83%
Profit to Equity(%) FY19/20 N/A 25.58%
Profit to Equity(%) FY20/21 N/A 28.36%
Profit to Equity(%) FY21/22 N/A 31.98%
Profit to Equity(%) FY22/23 N/A 34.21%
Balance Sheet Size FY11/12 N/A Rs 2555.02 Crores
Balance Sheet Size FY12/13 N/A Rs 2642.34 Crores
Balance Sheet Size FY13/14 N/A Rs 2467.69 Crores
Balance Sheet Size FY14/15 N/A Rs 3054.50 Crores
Balance Sheet Size FY15/16 N/A Rs 3467.89 Crores
Balance Sheet Size FY16/17 N/A Rs 3944.09 Crores
Balance Sheet Size FY17/18 N/A Rs 4072.42 Crores
Balance Sheet Size FY18/19 N/A Rs 4641.82 Crores
Balance Sheet Size FY19/20 N/A Rs 4934.50 Crores
Balance Sheet Size FY20/21 N/A Rs 5174.08 Crores
Balance Sheet Size FY21/22 N/A Rs 5438.13 Crores
Balance Sheet Size FY22/23 N/A Rs 5549.67 Crores

Comparison Link:

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Frequently Asked Questions

Which is better, m.Stock or HDFC Sky?

m.Stock 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.

Do m.Stock and HDFC Sky offer mobile trading apps?

Yes, both m.Stock Securities and HDFC Sky provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for HDFC Sky and m.Stock?

The account opening charges by brokers m.Stock and HDFC Sky for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both m.Stock and HDFC Sky are SEBI-registered brokers with good reputations. m.Stock is known for its trading platforms, while HDFC Sky is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both m.Stock and HDFC Sky offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.