HDFC Securities Vs Upstox: Side By Side Comparison

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.

hdfc-securities-vs-upstox-1

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

hdfc-securities-logo
upstox-Logo
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

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

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

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

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

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

Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds

Customer Service Channels

24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Relationship Managers

Research Reports/Tips/Recommendations

Daily Market Report
Tips/Recommendations
Quarterly Result Analysis
News Alerts
Robo Advisory

Promotional Offers

  • NIL
  • Zero Account Opening Charges
open-account
open-account

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


Point By Point Comparison of Upstox with other Brokers:

Upstox in comparison with other Stock Brokers


You can compare any two stock brokers of your choice by visiting Comparison of Stock Brokers in India page

5/5 - (1 vote)