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Home / Rankings / HDFC Sky
TIER 1 · SEBI · NSE · BSE · MCX#1 of 10 local brokers (IN)

HDFC Sky review: the verdict.

Verdict score
7.6 / 10

Based on hard data only. No outside rating with enough reviews was available.

Regulation10.0
Best licence: Tier 1
Trading cost5.0
No published spread
Accessibility10.0
Min deposit $0
Platforms & payments1.3
1 platforms · 0 payment methods
HDFC Sky doesn't publish a EUR/USD spread we could verify, so we can't calculate its yearly cost yet.
Regulation

Who licenses HDFC Sky.

Licences as HDFC Sky lists them. A tick means we found the entity on the regulator's own register.

RegulatorTierEntityLicence no.On register
SEBITIER 1HDFC Securities LimitedINZ000186937Not yet checked
NSETIER 1HDFC Securities Limited11094Not yet checked
BSETIER 1HDFC Securities Limited393Not yet checked
MCXTIER 1HDFC Securities Limited56015Not yet checked
Accounts

Published brokerage.

AccountSpreadCommissionCost / lot
Currency F&O
Futures: ₹20 or 2.5% whichever lower; Options: ₹20/order
———
Commodity (MCX)
Futures: ₹20 or 2.5% whichever lower; Options: ₹20/order
———
Equity F&O
Futures: ₹20 or 2.5% whichever lower; Options: ₹20/order
———

Cost per standard lot = spread in pips × $10 + round-turn commission. Brokers publish “typical”, “average” or “from” spreads; “from” figures flatter the broker.

Key facts

The fine print.

Website
hdfcsky.com
Segments
Currency F&O, Commodity (MCX), Equity F&O
Founded
Not published
Headquarters
India
Minimum deposit
$0
Max leverage
Not published
EU/UK leverage cap
—
Platforms
own app
Deposits & withdrawals
Not published
Islamic (swap-free) account
Not published
Copy trading
Not published
Withdrawal fees
ACCOUNT OPENING FEE: free.
Inactivity fee
AMC: ₹0 for first year.
Restricted countries
Not published
RBI Alert List (India)
Not applicable (SEBI-registered Indian broker)
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Sources · data as of 2026-10-24

Research notes: max_leverage null: exchange-traded derivatives; SEBI/exchange SPAN+exposure margins apply, no broker-set leverage. Not CFDs; currency F&O limited to INR pairs + exchange cross pairs. BSE figure 393 is labelled 'BSE Clearing Number' on the page. Footer names 'HDFC Securities' (legal suffix 'Limited' not shown on page). Also MSEI 30000. Trustpilot page unreachable; payment methods unconfirmed.

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