Upstox vs HDFC Securities Review 2025 | Which One Is Better
|Upstox vs HDFC Securities
Upstox, founded in 2009, is a discount broker. It supports trading on the NSE andBSE. It has 4 branches in India. Full Service Broker HDFC Securities was founded in 2000. It provides trading on the The, Multi Commodity Exchange, NSE (national stock exchange) ,and BSE ( Bombay stock exchange) .There are 270 of its branches in India
Upstox

The Upstox trading platform provides trading, analysis, charting, and avariety of other advanced trading capabilities. This platform makes it simple to placeorders using mobile devices and online browsers. Upstox’s trading platform is basedon Omnisys NEST OMS (Order Management System) and RMS (Risk ManagementSystem). Upstox Pro allows you to trade equity F&O, equity intraday, commodities,and currency derivatives. Upstox Pro is the premium version of Upstox fortraders.Investors such as GVK Davix, Kalaari Capital, and Ratan Tata supportUpstox. UPSTOX established in 2009 ( then known as RKSV)..
HDFC Securities

HDFC Securities, one of India’s top full-service stock brokers, was founded in 2000. One of HDFC Bank’s subsidiaries is HDFC Securities. The firm facilitates trading and investing in stocks, bonds, futures, options, buybacks, mutual funds, initial public offerings (IPOs), commodities, currency derivatives, stock portfolios, and more for its clientele. A registered broker with SEBI, HDFC Securities is also affiliated with the BSE,
NSE, MCX, CDSL, and NSDL.
HDFC Securities serves more than 1,800,000 + clients in a variety of industries and offers
more than 30 Also its provides service through Over 270 branches of the organisation which
are located throughout India. The lowest broking fees are charged by HDFC Securities,
which costs Rs 20 per transaction for trading in derivatives and 0.10% per deal for equity
delivery. A 3-in-1 account that combines a savings bank, trading, and a Demat account is
provided by HDFC Securities.
Upstox | HDFC Securities | |
Establishment Year | 2009 | 2000 |
Founder | Ravi Kumar | Dhiraj Relli |
Exchange of Membership | NSE , BSE, SENSEX AND NIFTY | BSE & NSE. |
Broker Type | Discount Broker | Full Service Broker |
Branches | 4 | 270 |
Upstox vs HDFC Securities Charges
Upstox vs HDFC Securities Offers
Upstox vs HDFC Securities Product Provided
Upstox vs HDFC Securities Advisory Services Provided
Features Of Upstox vs HDFC Securities
Upstox vs HDFC Securities Demat And AMC Charges
Upstox has Rs.0 annual maintenance cost (AMC) for trading accounts, butcharges a ₹0 yearly fee for DEMAT accounts. Many investors favour itbecause of its competitive cost, user-friendly layout, and excellent customer service. The opening Charge for an HDFC Securities account requires Rs 999. The AMC charges Rs 750 for HDFC Securities Demat Accounts. Below the table shows Demat account charges of both the platform.
Charges | Upstox | HDFC Securities |
Demat Account Opening Charges | Rs.0 (Free) | Rs 199 |
Demat Account AMC Charges | Rs 0 (Free) | Rs. 750 |
Trading Account Opening Charges | Rs. 0 (Free) | Rs. 900 |
Trading Account AMC Charges | Rs. 0 (Free) | Rs. 0 (Free) |
Upstox vs HDFC Securities Brokerage Charges
Upstox charges a fixed cost of ₹20 for equities trading, whereas HDFC Securities charges 0.32% for equity broking and 0.032% for intraday trading. Special Offer: Invest in Equity Delivery and Direct Mutual Funds without paying any broking fees. Intra-day and F&O trades are charged a flat rate of Rs 20.Below the table shows brokerage charges of both the platforms.
Upstox vs HDFC Securities Leverage (Margin)
Upstox offers up to 20% of the trade value (5x leverage) for intraday cash transactions, whereas One margin for intraday trading allows up to 20% of the trade value (5x leverage) depending on the stock, whereas HDFC Securities’ margin for intraday cash is likewise up to 20% of the trade value (5x leverage). Below the table shows leverage margin of both platform.
Upstox vs HDFC Securities Pros And Cons
Pros:
Upstox | HDFC Securities |
1)Brokerage for all other areas,including equities delivery, is flat at Rs20 per deal. 2)Provide mutual funds directly. Asingle software for commodities,currency, and stock trading. 3)There is no account opening cost.Investment in mutual funds requiresno brokerage. 4)For slabs of Rs 40,000, the MarginTrading Facility (MTF) is offered at aninterest rate of Rs 20 per day. 5)There is a Margin Against Share.Bonds, NCDs, FPOs, and IPOs mayall be done online. 6)Orders that are Good-Till-Triggered(GTT) are accessible. 7)Minimal brokerage charges:Upstox helps traders save moneyon transaction costs by providingcompetitive brokerage prices. | 1)It offers the simplest method formaking stock market and otherfinancial instrument investments. 2) The greatest option available toIndian retail investors is the 3-in-1account, which consists of an HDFCBank Account, an HDFC SecuritiesTrading Account, and an HDFCSecurities Demat Account. |
Cons:
Groww | HDFC Securities |
1)Doesn’t give trading strategies thatare infinite and does not providemoney for margin on deliverytransactions. 2)Does not provide recommendationsor stock suggestions. 3)The brokerage cost for equitydelivery is Rs 20 per deal. Equitydelivery trades are offeredbrokerage-free by other brokers, suchas Zerodha. doesn’t give tradingstrategies that are infinite. 4)Not providing a three-in-oneaccount. lacks round-the-clock clientservice. 5)Does not provide Demat and NRITrading accounts and does notprovide BTST not providing digitalgold ,call-and-trade charge of Rs 20 isadded to each executed order. | 1)Together with opening a tradingaccount with HDFC Securities Ltd,you will also need to open a DP(depository participant) account withHDFC Bank and a savings bankaccount with a minimum quarterlyamount of Rs 5000. 2) It Charges minimum brokerage ofRs 25 also very high brokeragecharges. |
Complaints Of Upstox vs HDFC Securities
Data from 2024 reveals that Upstox had more customer complaints than HDFC Securities when comparing the two companies. In particular, Upstox received 289 complaints and resolved 157 whereas HDFC Securities received 130 complaints and resolved 105. This shows that HDFC Securities performs better in terms of customer service than Upstox . as seen by the fact that it has a higher complaint resolution rate and fewer complaints overall.
Upstox vs HDFC Securities Transactions Charges
Below the table shows Equity Intraday, Equity Delivery, Equity Option , Future and
Commodity options/ Future and Currency Option/Future Transaction charges of both the
platform.
Review Comparison Of Upstox vs HDFC Securities By Customer
Groww is rated 8 of 10 , whereas HDFC Securities is rated 7.5 of 10
Rating | Upstox | HDFC Securities |
Brokerage | 9/10 | 8/10 |
Customers Service | 7/10 | 8.5/10 |
Fees | 6.5/10 | 7/10 |
Trading Platform | 8/10 | 7.5/10 |
Research | 7/10 | 5.510 |
Broker Rating | 7.5/10 | 7/10 |
Overall Rating | 8/10 | 7.5/10 |
Conclusion:Upstox is well-known for providing both novice and seasoned traders with a wealth of research tools, individualised advising services, and a robust offline presence. HDFC Securities are India’s major broking houses, providing comprehensive trading and investment services. HDFC Securities provides affordable broking rates, a dynamic trading platform, and robust research help. HDFC Securities is a better option for cost-conscious traders looking for efficient services. Finally, the decision is based on personal objectives such as cost, service quality, and platform usability.
Customer Care Number/Email
Upstox : 022-41792999
HDFC Securities : +91 2239019400
Client can contact this number for clearing your doubt.
Upstox Support Email:– support@upstox.com
Support Email HDFC Securities : infodp@hdfcbank.com
Client can contact on this email for clearing your doubt.