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HDFC Securities Vs Upstox (Compare HDFC Securities and Upstox)

HDFC Securities Ltd Logo

About HDFC Securities
Incorporated in 2000, HDFC Securities is one of the leading full-service stock brokers in India. HDFC Securities is a subsidiary of HDFC Bank. The company allows its customers to trade and invest in shares, bonds, futures, options, buybacks, mutual funds, IPOs, currency derivatives, commodities, stock portfolios, etc. HDFC Securities is a SEBI registered broker and a member of BSE, NSE, MCX, CDSL and NSDL. HDFC Securities provides trading services through multiple trading platforms to make cust... 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
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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 150.

  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 150

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HDFC Securities Vs Upstox Brokerage

HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% 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 Lite 199 Yearly Subscription Plan Upstox Default
Fixed Charges Rs 199 per year NA
Equity Delivery 0.32% Rs 20 per executed order or 2.5% whichever is low
Equity Intraday 0.032% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 20 per trade Rs 20 per executed order or 0.05% whichever is lower
Equity Options Rs 20 per trade Rs 20 per executed order
Currency Futures Rs 20 per executed order or 0.05% whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Rs 20 per executed order
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

HDFC Securities Vs Upstox Brokerage Plan 2

  HDFC Securities Upstox
Account Type Alpha 1,999 Default
Fixed Charges Rs 1999 per year NA
Equity Delivery 0.18% Rs 20 per executed order or 2.5% whichever is low
Equity Intraday 0.018% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 20 per trade Rs 20 per executed order or 0.05% whichever is lower
Equity Options Rs 20 per trade Rs 20 per executed order
Currency Futures Rs 20 per executed order or 0.05% whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Rs 20 per executed order
Open Upstox Account

HDFC Securities Vs Upstox Brokerage Plan 3

  HDFC Securities Upstox
Account Type Alpha 4999 Yearly Subscription Plan Default
Fixed Charges Rs 4,999 per year NA
Equity Delivery 0.10% Rs 20 per executed order or 2.5% whichever is low
Equity Intraday 0.010% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 20 per trade Rs 20 per executed order or 0.05% whichever is lower
Equity Options Rs 20 per trade Rs 20 per executed order
Currency Futures Rs 20 per executed order or 0.05% whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Rs 20 per executed order
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HDFC Securities Charges Vs Upstox

Minimum Brokerage Rs. 25 per order on equity segment 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%)
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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)
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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 Yes
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
Trading In SME Shares Allowed?
Referral Program Yes
Other Features E-Margin, ENCASH, Option strategy builder
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HDFC Securities Vs Upstox Review

HDFC Securities is rated 2.2 of 5 based on 224 customer reviews whereas Upstox is rated 2.4 of 5 based on 135 customer reviews.

  HDFC Securities Upstox
  224 Customer Reviews    Rate HDFC Securities 135 Customer Reviews    Rate Upstox
Fees 2.1 3.4
Brokerage 1.8 3.4
Trading Platform 2.9 2.6
Customer Service 2.5 2.3
Research Capabilities 2.7 2.2
Overall Ratings Rated 2.2 stars Rated 2.4 stars
Broker Rating HDFC Securities is rated 2.2 of 5 based on 224 customer reviews Upstox is rated 2.4 of 5 based on 135 customer reviews

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Contact Broker / Request A Call Back

  HDFC Securities Enquire Upstox Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. 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 Yes
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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 Mutual Fund investment.
  • Flat Rs 20 per trade brokerage for all other segments including equity delivery.
  • Offer direct mutual funds.
  • Free trading software for mobile and web browsers.
  • One app for trading in equity, currency, and commodity.
  • Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's are available.
  • Good-Till-Triggered (GTT) orders 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
  • Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage free equity delivery trades.
  • 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

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Upstox Special Offer

Exclusive offer by Upstox

  • 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.

Open Upstox Account

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