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HDFC Securities Vs Upstox (Compare HDFC Securities and Upstox)

HDFC Securities Ltd Logo

About HDFC Securities
HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account with your existing HDFC bank savings account and existing Demat account. Funds / shares are seamlessly moved from the linked Demat/Bank account to execute the transactions. HDFCsec provides Cash-n-Carry on both NSE and BSE, Day trading on both NSE and... Know more about HDFC Securities Ltd

Upstox Logo

About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox

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HDFC Securities Vs Upstox

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

  HDFC Securities Upstox
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX
Year of Incorporation 2002 2012
Number of Branches 270 4
Enquire HDFC SecuritiesOpen Upstox Account

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HDFC Securities Vs Upstox Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while Upstox account opening changes is Rs 249. HDFC Securities Demat Account AMC Charges is Rs 750 and Upstox Demat Account AMC Charges is Rs 0 (Free).

  HDFC Securities Upstox
Trading Account Opening Charges Rs 999 Rs 249
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 750 Rs 0 (Free)

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HDFC Securities Vs Upstox Brokerage

HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type HDFC Securities Online Trading Upstox Default
Fixed Charges NA NA
Equity Delivery 0.50% Rs 20 per executed order or 2.5% whichever is low
Equity Intraday 0.05% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 0.05% Rs 20 per executed order or 0.05% whichever is lower
Equity Options Rs 100 per lot or 1% of the premium (whichever is higher) Rs 20 per executed order
Currency Futures Rs 23 per contract Rs 20 per executed order or 0.05% whichever is lower
Currency Options Rs 20 per contract Rs 20 per executed order
Commodity Futures 0.02% for Intraday / 0.025% for positional Rs 20 per executed order or 0.05% whichever is lower
Commodity Options 0.02% for Intraday / 0.025% for positional Rs 20 per executed order
Special Offer
Special Offer: Rs 750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.
Special Offer: FREE Account Opening + Rs 1000 brokerage credit + Rs 0 Demat AMC + Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

HDFC Securities Charges Vs Upstox

Minimum Brokerage Rs 25 plus taxes 0.05%
Other Charges Auto Square-off Charges: Rs 50
Call & Trade Charges Rs 0 Rs 20 per trade

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HDFC Securities Vs Upstox Transaction Charges

HDFC Securities transaction charges for options is 0.050% (on premium) while Upstox exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

  HDFC Securities Upstox
Equity Delivery 0.00325% NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday 0.00325% NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures .00190% NSE Rs 200 per Cr (0.002%)
Equity Options 0.050% (on premium) NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures 0.00110% NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%)
Currency Options 0.040% (on premium) NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium)
Commodity NA Group A - Rs 290 per Cr (0.0029%)
Enquire HDFC SecuritiesOpen Upstox Account

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HDFC Securities Vs Upstox Leverage (Margin)

HDFC Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  HDFC Securities Upstox
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Enquire HDFC SecuritiesOpen Upstox Account

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Compare HDFC Securities and Upstox Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

  HDFC Securities Upstox
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) No Yes
Trading Platform ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time 3:30 PM 3:00 PM
Other Features E-Margin, ENCASH, Option strategy builder
Referral Program Yes
Enquire HDFC SecuritiesOpen Upstox Account

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HDFC Securities Vs Upstox Review

HDFC Securities is rated 2.1 of 5 based on 218 customer reviews whereas Upstox is rated 2.4 of 5 based on 126 customer reviews.

  HDFC Securities Upstox
  218 Customer Reviews    Rate HDFC Securities 126 Customer Reviews    Rate Upstox
Fees 2.1 3.4
Brokerage 1.8 3.5
Trading Platform 2.9 2.6
Customer Service 2.5 2.3
Research Capabilities 2.7 2.3
Overall Ratings Rated 2.1 stars Rated 2.4 stars
Broker Rating HDFC Securities is rated 2.1 of 5 based on 218 customer reviews Upstox is rated 2.4 of 5 based on 126 customer reviews

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Contact Broker / Request A Call Back

  HDFC Securities Enquire Upstox Enquire
Contact Broker Rs 750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.
FREE Account Opening + Rs 1000 brokerage credit + Rs 0 Demat AMC + Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

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HDFC Securities Vs Upstox Investment Options

  HDFC Securities Upstox
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading

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HDFC Securities Vs Upstox Order Type Offered

  HDFC Securities Upstox
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
Enquire HDFC SecuritiesOpen Upstox Account

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HDFC Securities Vs Upstox Research Report

  HDFC Securities Upstox
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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HDFC Securities Vs Upstox Suitable For Investor Type

  HDFC Securities Upstox
Casual Investor Yes Yes
Active Investor Yes
Trader Yes

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HDFC Securities Vs Upstox - Pros and Cons

  HDFC Securities Upstox
Pros
  • The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.
  • Zero account opening fee.
  • Zero brokerage for trading in Equity Delivery (Cash & Carry).
  • Zero brokerage for Mutual Fund investment.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Offer direct mutual funds.
  • Free trading software for mobile and web browsers.
  • One app for trading in equity, currency, and commodity.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's are available.
Cons
  • In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of Rs 5000) and a DP (depository participant) account with HDFC Bank.
  • Very high brokerage charges
  • Charge minimum brokerage of Rs 25
  • No margin funding.
  • It does not offer the 'Good Till Canceled (GTC) order type.
  • It does not offer BTST facility.
  • Unlimited monthly plans not available.
  • No stock tips or recommendations.
  • It charges an additional fee for call & trade.
  • It charges an additional fee of Rs 50 for auto-square-off done by the broker.
  • Higher demat debit transaction charges.
  • Upstox doesn't offer NRI Trading and Demat Account.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
  • Doesn't offer digital gold.
Reviews
Promo / Offers

HDFC 3-in-1 Account

HDFC Securities offers a full-service 3-in-1 account, a combination of saving bank, trading and demat account. One account to investment in Equity, Derivatives, Mutual Funds, IPO and Fixed Deposits. Special Offer: Rs 750 demat account AMC is waived when you open your 3-in-1 account.

Interested in opening a trading account? Request Callback from a stock broker.

Exclusive offer by Upstox

  • FREE Account Opening.
  • Get Rs 1000 brokerage credit.
  • Rs 0 Demat AMC.
  • Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 commission for Mutual Funds.

It is a limited-time offer. Open Instant Account and start trading the same day.

Enquire HDFC SecuritiesOpen Upstox Account

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