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Quick Comparision (Hensex Securities VS Upstox)

 
 

Hensex Securities Vs Upstox

Hensex Securities
Hensex Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

Hensex Securities Vs Upstox - Broker Details

Hensex Securities Upstox
Single Margin Facility
Year of Incorporation 2000-2001 2009
Exchanges NSE, BSE and MCX BSE, NSE and MCX
Branches 10+ Zero
Brokerage Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Discount Broker Discount Broker
Call Back Open Account

Hensex Securities Vs Upstox - Account Opening & AMC Charges

Hensex Securities Upstox
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC First Year Free (After ₹250 -/- per year for indivusual) | First Year Free (After ₹2000 -/- per year for Corporate) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Open Account

Hensex Securities Vs Upstox - Brokerage charges & Plans

Hensex Securities Upstox
Commodity Futures Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹40 or 0.10 per order ₹20/ Order or 0.05% (whichever is lower)
Currency Futures Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.50% per order ₹20/ Order or 2.5% (whichever is lower)
Equity Options Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot ₹20/ Order
Commodity Options Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot ₹20/ Order
Equity Futures Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order ₹20/ Order or 0.05% (whichever is lower)
Currency Options Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot ₹20/ Order
Fixed Charges Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order ₹20/ Order
Equity Intraday Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Hensex Securities Vs Upstox - Other Charges

Hensex Securities Upstox
RMS Square Off Charge N/A (₹50 + GST)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹20 per executed order (₹50 + GST)
Other Brokerage Charges Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order ₹20/ Order
Call Back Open Account

Hensex Securities Vs Upstox - Transaction Charges

Hensex Securities Upstox
Currency Options BSE: 0.001% | NSE: 0.035% NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures NSE: 0.002% NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday BSE: 0.00345% | NSE: 0.00345% NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options NSE: 0.053% NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
Commodity Commodity Futures- 0.0026% | Commodity option- 0.05% Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures NSE: 0.0009% | BSE: 0.00022% NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Delivery BSE: 0.00345% | NSE: 0.00345% NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Call Back Open Account

Hensex Securities Vs Upstox - Margin (Exposure)

Hensex Securities Upstox
Equity Options 1x (100% of Normal margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of Normal margin (Span + Exposure) 1x (100% of NRML margins(SPAN + Exposure)
Commodity Options 1x (100% of Normal margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of Normal margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of Normal margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of Normal margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Hensex Securities Vs Upstox - Features

Hensex Securities Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity Cash: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform 1. Hensex Web, 2. Hensex Wave(Hensez E-trade), 3. Hensex Diet, 4. Hensex MF 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Hensex Securities Vs Upstox - Review & Rating

Hensex Securities Upstox
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Hensex Securities Vs Upstox - Request a call back from Broker

Hensex Securities Upstox
Call Back Open Account

Hensex Securities Vs Upstox - Investment Options

Hensex Securities Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

Hensex Securities Vs Upstox - Order Type

Hensex Securities Upstox
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back Open Account

Hensex Securities Vs Upstox - Research & Report

Hensex Securities Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

Hensex Securities Vs Upstox - Daily Market Report

Hensex Securities Upstox
Daily Market Reports & News
Call Back Open Account

Hensex Securities Vs Upstox - Suitable For Investor

Hensex Securities Upstox
Casual Investor
Active Investor
Trader
Call Back Open Account

Hensex Securities Vs Upstox - Pros & Cons

Hensex Securities Upstox
Pros 1. Hensex broker offers competitive brokerage rates, 2. They provide a wide range of investment options and financial products, 3. Hensex broker offers advanced trading platforms and tools, 4.They provide research and analysis to assist investors in making informed decisions, 5. Hensex broker offers reliable customer support and assistance. 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares.
Cons 1. Hensex broker may have higher account maintenance fees or minimum balance requirements, 2. They might have limited accessibility or availability in certain regions, 3. Hensex broker may lack certain advanced features or tools compared to other brokers, 4. They may have a smaller network or fewer branch locations, 5. Hensex broker may not offer certain specialized investment options or services. 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades.
Call Back Open Account

Hensex Securities Vs Upstox - Background

Hensex Securities Upstox
Call Back Open Account

Hensex Securities Vs Upstox - Compare All Brokers

Hensex Securities Upstox
Call Back Open Account

Hensex Securities Vs Upstox - STT/CTT

Hensex Securities Upstox
Commodity Futures 0.01% on the sell side 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell side 0.025% only on sell
Equity Options 0.05% on the sell side 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy & sell
Equity Futures 0.01% on the sell side 0.01% only on sell
Commodity Options 0.05% on the sell side 0.05% on sell trade
Call Back Open Account

Hensex Securities Vs Upstox - Demat transaction charges

Hensex Securities Upstox
Equity Demat Transaction Charges ₹25/- per scrip (excluding GST) Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell
Call Back Open Account

Hensex Securities Vs Upstox - GST

Hensex Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)
Call Back Open Account

Hensex Securities Vs Upstox - SEBI Charges

Hensex Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore
Call Back Open Account

Hensex Securities Vs Upstox - Account Opening & AMC Charges

Hensex Securities
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
First Year Free (After ₹250 -/- per year for indivusual) | First Year Free (After ₹2000 -/- per year for Corporate)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account

Hensex Securities Vs Upstox

Hensex Securities Upstox
 

Hensex Securities Review 2024

Read more..

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

Read more..
 
 

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

Hensex Securities Vs Upstox - Brokerage charges & Plans

Hensex Securities Upstox
Commodity Futures Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹40 or 0.10 per order ₹20/ Order or 0.05% (whichever is lower)
Currency Futures Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.50% per order ₹20/ Order or 2.5% (whichever is lower)
Equity Options Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot ₹20/ Order
Commodity Options Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot ₹20/ Order
Equity Futures Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order ₹20/ Order or 0.05% (whichever is lower)
Currency Options Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot ₹20/ Order
Fixed Charges Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order ₹20/ Order
Equity Intraday Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Hensex Securities Vs Upstox - Margin (Exposure)

Hensex Securities Upstox
Equity Options 1x (100% of Normal margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of Normal margin (Span + Exposure) 1x (100% of NRML margins(SPAN + Exposure)
Commodity Options 1x (100% of Normal margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of Normal margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of Normal margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of Normal margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Hensex Securities Vs Upstox - Other Charges

Hensex Securities Upstox
RMS Square Off Charge N/A (₹50 + GST)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹20 per executed order (₹50 + GST)
Other Brokerage Charges Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order ₹20/ Order

Hensex Securities Vs Upstox - STT/CTT

Hensex Securities Upstox
Commodity Futures 0.01% on the sell side 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell side 0.025% only on sell
Equity Options 0.05% on the sell side 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy & sell
Equity Futures 0.01% on the sell side 0.01% only on sell
Commodity Options 0.05% on the sell side 0.05% on sell trade

Hensex Securities Vs Upstox - Demat transaction charges

Hensex Securities Upstox
Equity Demat Transaction Charges ₹25/- per scrip (excluding GST) Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

Hensex Securities Vs Upstox - GST

Hensex Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)

Hensex Securities Vs Upstox - SEBI Charges

Hensex Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Hensex Securities Vs Upstox - Features

Hensex Securities Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity Cash: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform 1. Hensex Web, 2. Hensex Wave(Hensez E-trade), 3. Hensex Diet, 4. Hensex MF 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Hensex Securities

Upstox