HDFC Securities Vs Upstox Share Broker Comparison

HDFC Securities Vs Upstox step-by-step comparison between all aspect of share brokers like Active clients, Trading platform, Brokerage charges, Customer care supports & tools, Margin/leverage, Account opening charges etc.

HDFC Securities Vs Upstox Side-by-side Comparison

Broker Name	HDFC Securities	Upstox
Broker Info	HDFC Securities Review	Upstox Review

HDFC Securities Vs Upstox Background

Background	HDFC Securities	Upstox
Incorporation Year	2000	2011 Started as RKSV
Broker Services	Full-Service Broker	Discount Broker
Website URL	www.hdfcsec.com	www.upstox.com
Contact Number	022-39019400	022-61309999
Exchanges Accessible	NSE, BSE	NSE, BSE, MCX-SX & MCX
Demat (NSDL/CDSL)	NSDL & CDSL	NSDL- Partnership with ILFS
Active Total Client	15,00,000+ Clients	100000+ Clients

Introduction

Introduction	HDFC Securities	Upstox
Broker Reviews /Opinion	HDFC Securities is part of hdfc bank and trusted share broker of india. More than 15+ lakh customers trade trough HDFC securities.	Upstox is reputed discount broker with low brokerage charges for per order. Customer care support is very good. Upstox is suitable for both the intraday trader as well as investors.

Broker Ratings and Reviews Comparison

Broker Rating/Reviews	HDFC Securities	Upstox
Opening Charges	★★★★	★★★★★
Commissions & Fees	★★★	★★★★★
Trading Platforms & Tools	★★★★★	★★★★★
Order Execution	★★★★★	★★★★★
Fund Add/Withdraw	★★★★★	★★★★★
Customer Services	★★★★	★★★★★
Overall Rating	★★★★	★★★★★

Usable For Investors Category Comparison

Useful for Type of Investors	HDFC Securities	Upstox
Day Traders	Yes, Available ✔	Yes, Available ✔
Active Investor/Trader	Yes, Available ✔	Yes, Available ✔
Investor	Yes, Available ✔	Yes, Available ✔

Account Opening Fees and AMC Comparison

Account Opening Fees and AMC	HDFC Securities	Upstox
Trading Account Opening Charges	₹ 999	Rs.150 for Equity
Trading Annual Maintenance Charges	₹ 0	Free
Demat Account Opening Fees	₹ 0	Rs.150
Demat Annual Maintenance Charges	₹ 750	Rs.150/Per Annum (1st Year Free)
Commodity Fees	NA	Rs.150 for Commodity Account
Offer DP Service	Yes, Available ✔	Yes, Available ✔

Available Trading Brokerage Plans Comparison

Available Brokerage Plans	HDFC Securities	Upstox
Monthly Subscription	Not Available, ✖	Yes, Available ✔
Yearly Subscription	Not Available, ✖	Not Available, ✖
Multiple Subscription	Not Available, ✖	Not Available, ✖

Trading Brokerage Charges Comparison

Brokerage Charges	HDFC Securities	Upstox
Plan Subscription Summery	Percentage Based Brokerage Charges	Upstox charges Only Rs.20 Per order for all segments and Rs.0 for Equity Delivery.
Equity Intraday Charges	0.05% Intraday (Both Side)	Rs.20/executed order or 0.01% whichever is lower.
Equity Delivery Charges	0.50%	Free
Equity Futures Charges	0.05% (Both Side)	Rs.20/executed order or 0.01% whichever is lower.
Equity Options Charges	₹ 100/lot or 1% of premium	Rs.20/executed order or 0.01% whichever is lower.
Currency Futures Charges	₹ 23/per contract	Rs.20/executed order or 0.01% whichever is lower.
Currency Options Charges	₹ 20 /per contract	Rs.20/executed order or 0.01% whichever is lower.
Commodity Charges	0.02% for Intraday & 0.025% for positional	Rs.20/executed order or 0.01% whichever is lower.
Minimum Brokerage Fees	Defualt 0.05%	0.01% Minimum
Any Hidden Cost	No, ✖	No, ✖
Call & Trade Charges	₹ 0 (No fees)	Rs 20 + 18% GST per order

Available Margins / Leverage Comparison

Margins or Leverage	HDFC Securities	Upstox
Equity Margin Intraday	Upto 20x times for equity cash.	Up to 15 times-Base Plan & Up to 20 times-Priority Plan.
Equity Margin Delivery	Upto 2x times for equity delivery	No Margin for Delivery.
Equity Margin Futures	NA for Intraday	Normal Margin-Up to 4 times for Index & Stock future. Priority Plan- Up to 5 times for Index & Stock future.
Equity Margin Options	NA for Intraday	Normal Margin-Up to 4 times for Index & Stock option short. Priority Plan- Up to 5 times for Index & Stock options. No margin for option buying.
Currency Margin Futures	NA for Intraday	NRML Plan: 4 times. Priority Plan: 4 times. NRML CO: 4 times. Priority CO: 5 times
Currency Margin Options	NA for Intraday	NRML Plan: 4 times. Priority Plan: 4 times. NRML CO: 4 times. Priority CO: 5 times
Commodity Margin	NA for Intraday	NRML Plan: 2.5 times. Priority Plan: 3 times. NRML CO: 3 times. Priority CO: 4 times.

Transaction and Other Government Charges, Taxes Comparison

Transparency & Other Fees	HDFC Securities	Upstox
Equity Day Trading	0.00325% or Rs.325/per crore.	0.00325% or Rs.325/per crore.
Equity Delivery	0.00325% or Rs.325/per crore.	0.00325% or Rs.325/per crore.
Equity Futures Trading	0.00190% or Rs.190/per crore.	0.0021% or Rs.210/per crore.
Equity Options Trading	0.050% or Rs.5000/per crore.	0.055% or Rs.5500/per crore.
Currency Futures Trading	0.00110% or Rs.110/per crore.	0.0015% or Rs.150/per crore.
Currency Options Trading	0.040% or Rs.4000/per crore.	0.06% or Rs.6000/per crore.
Commodities Trading	NA	Agri: Rs.275 per crore & Non-Agri: Rs.360 per crore.
AMC Charge	₹ 0 (Free)	Free for Trading AMC. Rs.150 PA for Demat AMC
DP Transaction Fees	₹ 25/per transaction or 0.04% (whichever is higher)	Rs 15.50 per debit instruction
Offline order placing Charge	₹ 0 (Free)	Rs. 20 per order
Sebi Charges	Rs.15/per cr.	Rs.15/per cr.
GST	18% on Brokerage + Transaction charges.	18% on Brokerage + Transaction charges.
Stamp Duty	As per Clients state.	As per Clients state.

Available Trading Platform / Software Comparison

Trading Platforms / Software	HDFC Securities	Upstox
Desktop Trading Platform	Yes, Available ✔	Dartstock/NEST TRADER/FOX TRADER
Web Based	ntrade.hdfcsec.com	pro.upstox.com
Mobile Application	HDFC securities MobileTrading	Upstox

Trading Platform Details Comparison

Trading Platform Details	HDFC Securities	Upstox
Demo (Desktop) Platform	Yes, Available ✔	Yes, Available ✔
Windows Desktop platform	Yes, Available ✔	Yes, Available ✔
MAC Desktop platform	Yes, Available ✔	No, ✖
Web Trading URL	Yes, Available ✔	pro.upstox.com
Web Trading Portals Info	Yes, Available ✔	Upstox.com
Mobile Site	Yes, Available ✔	Yes, Available ✔
Mobile Trading Availability	Yes, Available ✔	Yes, Available ✔
Mobile Trading Application	Yes, Available ✔	Upstox
Mobile App Demo	Yes, Available ✔	Yes, Available ✔
Android / Ios Mobile App	Yes, ✔ Both Available	Yes, ✔ Both Available

Charting Facility Comparison

Charting	HDFC Securities	Upstox
Intraday (Day Chart)	Yes, Available ✔	Yes, Available ✔
End of Day (Daily Chart)	Yes, Available ✔	Yes, Available ✔
Coding/Backtesting	No, ✖	Not Available, ✖

Reporting Comparison

Reporting	HDFC Securities	Upstox
Trade Online  Reports	Yes, Available ✔	Yes, Available ✔
PNL Online Reports	Yes, Available ✔	Yes, Available ✔
Online Contract Notes	Yes, Available ✔	Yes, Available ✔

Trading Support and Tools Comparison

Support & Tools	HDFC Securities	Upstox
Research & Tips	Yes, Available ✔	No, ✖
Brokerage Calculator	No, ✖	Yes, Available ✔
Span Margin Calculator	No, ✖	Yes, Available ✔
Trailing Stoploss	Yes, Available ✔	No, ✖
Training & Education	Yes, ✔ Blogs, Articles	Yes, ✔ Blogs, Articles

Trading Features Comparison

Useful Trading Features	HDFC Securities	Upstox
3 in 1 Account (Bank+Trading+Demat)	Yes, Available ✔	No, ✖
Instant Fund withdrawal	No, ✖	No, ✖(24 hours)
Relationship Managers (RM)	Yes, Available ✔	No, ✖
Charts	Yes, Available ✔	Yes, Available ✔
Algo Trading / Robot	No, ✖	No, ✖
Mobile SMS Alerts	Yes, Available ✔	Yes, Available ✔(Free)
Online Demo	Yes, Available ✔	Yes, Available ✔
Online Portfolio	Yes, Available ✔	Yes, Available ✔
Margin for Future Trading	Yes, Available ✔	Yes, Available ✔
Combined Records for Equity & Commodity	Yes, Available ✔	Yes, Available ✔
Intraday Sq.off Timing	3.15 PM	3.15 PM
Can NRI Trade	Yes, Available ✔	Yes, Available ✔
Extra Features	Ask to Broker	Pivot Point Indicator on Chart

Services and Available Option Category Comparison

Investment Service and Available Options	HDFC Securities	Upstox
Equity Cash & Future & Option	Yes, Available ✔	Yes, Available ✔
Currency Derivatives (Forex)	Yes, Available ✔	Yes, Available ✔
Commodity	NA	Yes, Available ✔
Online IPO Request	Yes, Available ✔	No, ✖
Mutual Funds (MF)	Yes, Available ✔	Yes, Available ✔
Bonds / Negotiable Certificate of Deposit	Yes, Available ✔	No, ✖
Exchange-Traded Fund (ETF)	Yes, Available ✔	Yes, Available ✔
Banking Services	Yes, Available ✔	No, ✖
Direct Insurance	Yes, Available ✔	No, ✖
Forex Investment	Yes, Available ✔	No, ✖
MF SIP Investments	Yes, Available ✔	No, ✖
PMS Services	Yes, Available ✔	No, ✖
Other Options	Ask to Broker	Ask to Broker

Fund Add / Fund Withdrawal Procedure Comparison

Fund Add/Withdrawal Process	HDFC Securities	Upstox
Fund Pay In and Pay out	Add Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer	Add Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer
Time for Payout	24 hours (working days)	24 hours (working days).
Linked Bank	HDFC Bank Account	Near about 30 bank available for fund credit and Rs.7 for per transaction.

Trading Order Types Comparison

Trading Order Types	HDFC Securities	Upstox
Cash N Carry (CNC Order)	Yes, Available ✔	Yes, Available ✔
Margin Intraday Square (MIS Order)	Yes, Available ✔	Yes, Available ✔
Normal (NRML Order)	Yes, Available ✔	Yes, Available ✔
Cover Order	Yes, Available ✔	Yes, Available ✔
Bracket Order	Yes, Available ✔	Yes, Available ✔
Buy Today Sell Tomorrow (BTST)	Yes, Available ✔	Yes, Available ✔
Sell Today Buy Tomorrow (STBT)	Yes, Available ✔	Yes, Available ✔
AMO -After Market Order	Yes, Available ✔	Yes, Available ✔
GTG-Good Till Cancelled	Yes, Available ✔	No, ✖

Customer Care Services and Numbers Comparison

Customer Care Services	HDFC Securities	Upstox
Customer Care Service 24/7	No, ✖	No, ✖
Email Support	Yes, Available ✔	Yes, Available ✔
Live Chat Online	Yes, Available ✔	No, ✖
Phone Support	Yes, Available ✔	Yes, Available ✔
Toll-Free Number	Yes, Available ✔	No, ✖
Support by Branch	Yes, Available ✔	Yes, Available ✔ (Main Office)
Customer Care Contact Number	022-39019400	91 2261309999
Account Opening Procedure	Paperless	Paperless
Customer Support Email	[email protected]	[email protected]
Complaints Support Email	[email protected]	[email protected], [email protected]
Educational Blog	Yes, Available ✔	Yes, Available ✔
Head Office Address	HDFC securities Limited, Office Floor 8, “i Think” Bldg, Jolly Board Campus, Kanjurmarg (East), Mumbai – 400042	30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar West, Mumbai 400013

Investment Advice/tips/ Research & Reports Comparison

Investment Advice -Tips, Research & Reports✔Investment Advice -Tips, Research & Reports	HDFC Securities	Upstox
Equity Research	Yes, Available ✔	No, ✖
Mutual Fund Research	Yes, Available ✔	No, ✖
ETF Research	No, ✖	No, ✖
Daily Report	Yes, Available ✔	No, ✖
Free Tips- Advisory	Yes, Available ✔	No, ✖
Company Result Analysis	Yes, Available ✔	No, ✖
News & Alerts	Yes, Available ✔	No, ✖

HDFC Securities Vs Upstox Advantages & Disadvantages Comparison

Advantages & Disadvantages	HDFC Securities	Upstox
Pros / Likes	3-in-1 Account	No charges for Equity Delivery
	One of the Trustable stock broker.	Technically high-edge Trading Platform
	Pan india presence	Excellent Customer care Support
	Nice customer care support	Direct mutual fund investments.
	Good equity research	Diffrent types of orders types available.
Cons / Dislikes	High Account Opening Fees	No stock tips / advisory.
	Slightly High Brokerage	Online IPO Application not available.
	No Algo Trading	Rs.20 Extra for call n trade.
	No Brokerage Calculator
Promotion or offer	Free Call & Trade, Zero AMC	Free equity delivery trading and only Rs.20 or 0.01 % whichever is lowest brokerage charges.

More Useful Articles