In this page, I am providing side by side comparison of HDFC Securities Vs Upstox
HDFC Securities is a brokerage arm of HDFC bank and hence provide 3-in-1 demat account. It enables seamless transfer of funds within the accounts. Brokerage of this broker is on higher side.
Upstox falls in Discount Broker category. Hence they offer limited services but charges flat brokerage charges.
There are lot of differences between these two brokers.
I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.
However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.
Here is the comparison of HDFC Securities Vs Upstox:
Parameters | HDFC Securities | Upstox |
Review | ||
Type of Broker |
Full Service Broker |
Discount Broker |
Incorporation Year | 2000 | 2012 |
Supported Exchanges | NSE & BSE | NSE, BSE,MCX and MCX-SX |
Account Related Charges |
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Trading Account Opening Fees | Rs 990 | Rs 150 |
Trading Account AMC | Rs 0 | Rs 0 |
Demat Account Opening Fees | Rs 0 | Rs 150 |
Demat Account AMC | Rs 750 | Rs 0 |
Brokerage Charges |
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Equity Delivery Brokerage | 0.5% | Rs 0 |
Equity Intraday Brokerage | 0.1% | Rs 20 per executed order |
Equity Futures Brokerage | 0.05% | Rs 20 per executed order |
Equity Options Brokerage | Rs 100/lot | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 23 per contract | Rs 20 per executed order |
Currency Options Trading Brokerage | Rs 20 per contract | Rs 20 per executed order |
Commodity Trading Brokerage | NA | Rs 20 per executed order |
Minimum Brokerage Charges | Rs 25 per trade | NIL |
Monthly Unlimited Plans | ||
Brokerage Calculator | HDFC Securities Calculator | Upstox Brokerage Calculator |
Transaction Charges |
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Equity Delivery | 0.0031% | 0.00325% |
Equity Intraday | 0.0031% | 0.00325% |
Equity Futures | 0.00180% | 0.00210% |
Equity Options | 0.050% (On Premium) | 0.055% (On Premium) |
Currency Futures | 0.00120% | 0.00150% |
Currency Options | 0.050% (On Premium) | 0.060% (On Premium) |
Commodity | NA | 0.0026% |
Exposure |
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Equity | Upto 20 times Intraday and 2 times Delivery | Upto 20 times Intraday |
Equity Futures | No Leverage for Intraday | upto 4 times |
Equity Options | No Leverage for Intraday | upto 4 times |
Currency Futures | No Leverage for Intraday | upto 4 times |
Currency Options | No Leverage for Intraday | upto 4 times |
Commodities | NA | upto 3 times |
Features |
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3 in 1 Account | ||
Mobile Trading | ||
Charting | ||
Automated Trading | ||
After Trading Hour Orders | ||
SMS Alerts | ||
Margin Funding | ||
Trading Platform | HDFC Securities BLINK | Upstox , Upstox PRO and NEST |
Investment Services |
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Stock / Equity | ||
Commodity | ||
Currency | ||
Initial Public Offers (IPO) | ||
Mutual Funds | ||
Customer Service Channels |
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24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Support Through Branches | ||
Relationship Managers | ||
Research Reports/Tips/Recommendations |
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Daily Market Report | ||
Tips/Recommendations | ||
Quarterly Result Analysis | ||
News Alerts | ||
Robo Advisory | ||
Promotional Offers |
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And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.
Point By Point Comparison of HDFC Securities with other Brokers:
HDFC Securities in comparison with other Stock Brokers |
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Point By Point Comparison of Upstox with other Brokers:
Upstox in comparison with other Stock Brokers |
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You can compare any two stock brokers of your choice by visiting Comparison of Stock Brokers in India page