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

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

Background

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

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

Trading only Rs 200 Free
Trading & Demat Rs 200 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% 0.1% on Buy & Sell
Futures 0.003% of Turnover 0.0125% on Sell side
Options 0.05% 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. 13.5/- per sell transaction Rs 20
Offline order placing Charge 0 Nil
Platforms

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 4x for Intraday 1x on Delivery & upto 5x on Intraday
Equity Futures Upto 2x for intraday 1x
Equity Options 1x 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 Not Available Rs 34 Crores
Profit after Tax FY12/13 Not Available Rs 46 Crores
Profit after Tax FY13/14 Not Available Rs 58.5 Crores
Profit after Tax FY 14/15 Not Available Rs 70.56 Crores
Profit after Tax FY 15/16 Not Available Rs 86.18 Crores
Profit after Tax FY 16/17 Not Available Rs 93.16 Crores
Profit after Tax FY 17/18 Rs -1490.47 Crores Rs 93.75 Crores
Profit after Tax FY 18/19 Rs -2,325.10 Crores Rs 92.16 Crores
Profit after Tax FY 19/20 Rs -1,855.80 Crores Rs 101.04 Crores
Profit after Tax FY 20/21 Rs -1,672.50 Crores Rs 106.38 Crores
Profit after Tax FY 21/22 Rs -1,476.20 Crores Rs 114.11 Crores
Profit after Tax FY 22/23 Rs 170 Crores Rs 117.88 Crores
Debt FY11/12 Not Available Rs 18.04 Crores
Debt FY12/13 Not Available Rs 12.77 Crores
Debt FY13/14 Not Available Rs 18.41 Crores
Debt FY14/15 Not Available Rs 19.90 Crores
Debt FY15/16 Not Available Rs 20.45 Crores
Debt FY16/17 Not Available Rs 21.47 Crores
Debt FY17/18 Rs 8.96 Crores Rs 24.55 Crores
Debt FY18/19 Rs 17.64 Lakhs Rs 20.35 Crores
Debt FY19/20 Rs 24.17 Crores Rs 17.85 Crores
Debt FY20/21 Rs 22.46 Lakhs Rs 28.15 Crores
Debt FY21/22 Rs 24.41 Lakhs Rs 17.34 Crores
Debt FY22/23 Rs 36.35 Lakhs Rs 16.41 Crores
Profit to Equity(%) FY11/12 Not Available 11.12%
Profit to Equity(%) FY12/13 Not Available 14.48%
Profit to Equity(%) FY13/14 Not Available 16.37%
Profit to Equity(%) FY14/15 Not Available 19.95%
Profit to Equity(%) FY15/16 Not Available 21.78%
Profit to Equity(%) FY16/17 Not Available 21.14%
Profit to Equity(%) FY17/18 7.40 23.12%
Profit to Equity(%) FY18/19 11.34 25.83%
Profit to Equity(%) FY19/20 13.57 25.58%
Profit to Equity(%) FY20/21 20.75 28.36%
Profit to Equity(%) FY21/22 15.31 31.98%
Profit to Equity(%) FY22/23 19.17 34.21%
Balance Sheet Size FY11/12 Not Available Rs 2555.02 Crores
Balance Sheet Size FY12/13 Not Available Rs 2642.34 Crores
Balance Sheet Size FY13/14 Not Available Rs 2467.69 Crores
Balance Sheet Size FY14/15 Not Available Rs 3054.50 Crores
Balance Sheet Size FY15/16 Not Available Rs 3467.89 Crores
Balance Sheet Size FY16/17 Not Available Rs 3944.09 Crores
Balance Sheet Size FY17/18 Rs 3952.01 Crore Rs 4072.42 Crores
Balance Sheet Size FY18/19 Rs 10,751.75 Crores Rs 4641.82 Crores
Balance Sheet Size FY19/20 Rs 14,542.33 Crores Rs 4934.50 Crores
Balance Sheet Size FY20/21 Rs 16,356.60 Crores Rs 5174.08 Crores
Balance Sheet Size FY21/22 Rs 15,636.40 Crores Rs 5438.13 Crores
Balance Sheet Size FY22/23 Rs 14,988.80 Crores Rs 5549.67 Crores

Comparison Link:

Compare Paytm Money Compare HDFC Sky
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Frequently Asked Questions

Is Paytm Money better than HDFC Sky ?

Paytm Money 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 Paytm Money ?

Paytm Money 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 Paytm Money cheaper than HDFC Sky ?

Paytm Money 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 Paytm Money ?

Paytm Money 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 Paytm Money vs. HDFC Sky ?

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