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

Upstox vs HDFC Securities

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

Kotak Securities vs HDFC Seurities

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.

UpstoxHDFC Securities
Establishment Year20092000
FounderRavi KumarDhiraj Relli
Exchange of
Membership
NSE , BSE,
SENSEX AND NIFTY
BSE & NSE.
Broker TypeDiscount BrokerFull Service Broker
Branches4270

Upstox vs HDFC Securities Charges

ChargesUpstoxHDFC Securities
Trade and Call Charge(₹50 + 18%
GST) per order.
Additional Rs 20 per
executed order
Minimum Brokerage
Charges
Rs 20 or 2.5% of
trade value
(whichever is
lower)
Rs. 25 Per Order on
Equity Segment

Upstox vs HDFC Securities Offers

OffersUpstoxHDFC Securities
Free AMC
Free Brokerage
Free Account Opening
Charge
Flat Brokerage
Charges
Flexible Brokerage
Charges
Free Delivery Charges
Margin Funding and
Pledging
Refferal OffersUpto Rs700 per
client
Rs. 200 Per
Client
Zero brokerage for
Loss Making Trade
icon name=”times” prefix=”fas”],
Brokerage Cashback
Free Trading Calls
Free Research Report

Upstox vs HDFC Securities Product Provided

TypeUpstoxHDFC Securities
Equity Delivery
Equity Intraday
Equity Option
Equity Future
Currency Option
Currency Future
Commodity Options
Commodity Future
Mutual Funds
Foreign stocks
Banking
Insurance
Digital Gold
Govt. Bonds
Corporate Bonds

Upstox vs HDFC Securities Advisory Services Provided

TypeUpstoxHDFC Securities
IPO Service
Weekly and Monthly
Review
Daily Stock Picks and Stock Tips
PMS or PCG
Trading Institution
Demat and Trading
Service
Intraday Service
Share Pledging
NRI Service
Technical Reports
3 In 1 Account
Company and Annual Report
Stock Recommendation
and Research report

Features Of Upstox vs HDFC Securities

FeaturesUpstoxHDFC Securities
Chart
Automated Trading
3 in 1 Account
Sms Alerts
Margin Against Shares (Equity Cash)
Margin Against Shares
(Equity F&O)
Online Portfolio
Online Demo
Intraday Square-Off Time3:00 PM3:50 PM
Global Indices
Real Time Update
Stock Tips
Multi Profile Management
Interactive Charts
Customised Recommendation
Online MF Buy

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.

ChargesUpstoxHDFC Securities
Demat Account Opening ChargesRs.0 (Free)Rs 199
Demat Account AMC ChargesRs 0 (Free)Rs. 750
Trading Account Opening ChargesRs. 0 (Free)Rs. 900
Trading Account AMC ChargesRs. 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.

Brokerage ChargesUpstoxHDFC Securities
Brokerage PlanNAStarter Pack – Lite 199
Equity DeliveryRs.20 per Trade or 2.5%,
whichever is low
0.32% of
Transaction
Value
Equity IntradayRs.20 per Trade or 0.05%
(whichever is low)
0.032% of
Transaction
Value
Equity OptionRs.20 per TradeRs. 20 per Trade
Equity FutureRs 20 per executed plan/
order or .03% (whichever is
lower)
Rs.20 per Trade
Currency OptionRs 20 per executed
plan/order
Rs.25 per Lot
Currency FutureRs 20 per executed
plan/order or .05%
whichever is lesser
0.025% of
Transaction
Value
Commodity OptionRs 20 per executed
plan/order
Rs.20 per Lot
Commodity FutureRs 20 per executed plan/
order or .05% whichever is
lesser
0.025% of
Transaction
Value

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.

LeverageUpstoxHDFC Securities
Equity Delivery100% of trade value (1x
leverage)
100% of trade
value (1x leverage)
Equity IntradayUp to 20% of trade value (5x
leverage)
Up to 20% of trade
value (5x leverage)
F&O (Currency, Equity,
Commodity)
100% of NRML margin (Span
Exposure) (1x leverage)
100% of NRML margin (Span + Exposure) (1x leverage)

Upstox vs HDFC Securities Pros And Cons

Pros:

UpstoxHDFC 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:

GrowwHDFC 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.

ComplaintsGrowwHDFC Securities
Total Complaints Lodged289130
Total Complaints Resolved157105
% Of Total Complaints Resolved86.30%80.50%
Non Actionable Complaints308
% Of Non Actionable Complaints9.37%6.30%

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.

Transaction ChargesUpstoxHDFC Securities
Equity DeliveryNSE Rs 5000 per Cr(0.05%) | BSE Rs 3750per Cr (0.0375%) (OnPremium).0.00350%
(NSE) &
0.00375%
(BSE)
Equity IntradayNSE Rs 325 per Cr(0.00325%) | BSE Rs 375per Cr (0.00375%) (Sell Side)0.00350%
(NSE) &
0.00375%
(BSE)
Equity OptionNSE Rs 5000 per Cr
(0.05%) | BSE Rs
3750 per Cr
(0.0375%) (On
Premium)
0.053% (on
premium)
Equity FutureNSE Rs 90 per Cr(0.0009%) | BSE Rs 22per Cr (0.00022%)0.0019% (NSE
& BSE).
Currency OptionNA0.035% (NSE)
& 0.001% (BSE)
Currency FutureGroup A – Rs 290 per Cr(0.0029%)0.0009% (NSE)
& 0.00022%
(BSE)
Commodity OptionNA0.05% (Non Agri)
Commodity FutureGroup A – Rs 290 per Cr
(0.0029%)
0.0021%
(Non-Agri) /
0.006% (Agri) /
0.0005% (Special)

Review Comparison Of Upstox vs HDFC Securities By Customer

Groww is rated 8 of 10 , whereas HDFC Securities is rated 7.5 of 10

RatingUpstoxHDFC Securities
Brokerage9/108/10
Customers Service7/108.5/10
Fees6.5/107/10
Trading Platform8/107.5/10
Research7/105.510
Broker Rating7.5/107/10
Overall Rating8/107.5/10

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.

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