Quick Comparision (Upstox VS Hensex Securities)

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

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

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

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

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

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

	Upstox	Hensex Securities
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:- 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	Equity Cash: 03:21 PM \| Equity F&O :03:15 PM \| Currency: 4:45 PM \| Commodities: 11:20 PM
Trading Platform	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	1. Hensex Web, 2. Hensex Wave(Hensez E-trade), 3. Hensex Diet, 4. Hensex MF
SMS Alerts for Trades
Direct Mutual Fund
	Call Back Open Account

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

	Upstox	Hensex Securities
	Call Back Open Account

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

	Upstox	Hensex Securities
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

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

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

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

	Upstox	Hensex Securities
Pros	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.	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.
Cons	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.	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.
	Call Back Open Account

	Upstox	Hensex Securities
	Call Back Open Account

	Upstox	Hensex Securities
	Call Back Open Account

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

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

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

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

Upstox

Hensex Securities

Trading Account Opening Charge

₹0 (Free)

Demat Account Opening Charge

₹0 (Free)

Demat Account AMC

₹0 (Free)

First Year Free (After ₹250 -/- per year for indivusual) | First Year Free (After ₹2000 -/- per year for Corporate)

Trading Account AMC

₹0 (Free)

Call Back Open Account

	Upstox	Hensex Securities
	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. + " Vs "+ Hensex Securities Read more..	Hensex Securities Review 2024 Read more..

	Review Brokerage Exposure Account Opening Demat Account NRI Account IPO Mutual Funds Mobile App Trading Software Dartstock Fox Trader Nest Trader Global Investments Branches Complaints	Review Account Opening Branches Demat Account Mutual Funds Exposure Trading Software Mobile App Brokerage IPO

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

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

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

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

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

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

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

	Upstox	Hensex Securities
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:- 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	Equity Cash: 03:21 PM \| Equity F&O :03:15 PM \| Currency: 4:45 PM \| Commodities: 11:20 PM
Trading Platform	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	1. Hensex Web, 2. Hensex Wave(Hensez E-trade), 3. Hensex Diet, 4. Hensex MF
SMS Alerts for Trades
Direct Mutual Fund
	Call Back Open Account

Zerodha

India's Largest Broker

Equity Delivery Free

Advanced Trading Platforms

Account Opening ₹200/-

Call Back Open Account

Alice Blue

Low Brokerage

FNO @ ₹15/Order

Free Trading Software

Free API Access

Call Back Open Account

Upstox

Free Account Opening

Flat ₹20 Brokerage

Free Technical Software

Backed by Ratan Tata Ji

Call Back Open Account

Angel One

Free Account Opening

Flat ₹20 Brokerage

Free Equity Delivery

Ultra-fast Digital Platform

Call Back Open Account

5Paisa

Various Brokerage Plans

Flat ₹20 Brokerage

Free Technical Software

Free Research Services

Call Back Open Account

Fyers

Free Equity Delivery

Intraday at ₹20/Order

Advanced Charting

Life Time Free AMC

Call Back Open Account

Stoxkart

No Profit No Brokerage

Free Equity Delivery

Brokerage of Flat ₹15/Trade

We earn only when you do

Call Back Open Account

ProfitMart

Free Account Opening

₹20/ Order

Free API Access

FREE Advanced Terminal

Call Back Open Account

Zebu Trade

Free Technical Software

Free API Access

Low Brokerage

Faster Payouts

Call Back Open Account

Flattrade

Free Account Opening

Decent Customer Services

Free Technical Software

Zero Brokerage in All Segments

Call Back Open Account

IIFL Securities

Free Research Reports

₹20/Order

₹0 AMC for 1st Year.

Free Research Services

Call Back Open Account

Kotak Securities

Various Types of Account

Free Account Opening

Flat ₹20/Order Brokerage

Zero Brokerage on Intraday

Call Back Open Account

ICICI Direct

Free Trading Account

Zero brokerage charges

Low Brokerage

Access to Award-winning research

Call Back Open Account

Sharekhan

International Presence

Free Account Opening

Open Account in Just 15 mins

Various Brokerage Slabs

Call Back Open Account

Paytm Money

Zero Account Opening

No Hidden Charges

Research Facility

Lowest Trading Charges

Call Back Open Account

Goodwill Commodities

₹11/ Order

Free Account Opening

Best Charting Software

Call Back Open Account

Groww

Growing Discount Broker

No Hidden Charges

No Transaction Charges in MF

₹20/ Order

Call Back Open Account

Samco

Growing Discount Broker

Free Account Opening

Instant Online Account

₹20/ Order

Call Back Open Account

Bajaj Finserve

Free Account Opening

Innovated Fixed Deposit

AMC Waived for 1 year

Free Advisory Services

Call Back Open Account

Finvasia

₹0 Brokerage on Trading

Free Account Opening

Commission Free Broker

Free Call & Trade

Call Back Open Account

SMC Global

International Presence

Competitive brokerage rates

Free Account Opening

Free Research Services

Call Back Open Account

FundsIndia

Free Investment Guidance

MF | Equities | F&O | NPS & more

Best in-Class Research

Free Account Opening

Call Back Open Account

mStock

Best Discount Broker

Margin Trading Facility

Advance Trading Platform

Provides Technical Analysis

Call Back Open Account

Rupeezy

Indian Stock Broker

Advance Trading Platform

Free Demat Account Opening

Call Back Open Account

GarvThakur.com

Quick Comparision (Upstox VS Hensex Securities)

Upstox Vs Hensex Securities

Upstox Vs Hensex Securities - Broker Details

Upstox Vs Hensex Securities - Account Opening & AMC Charges

Upstox Vs Hensex Securities - Brokerage charges & Plans

Upstox Vs Hensex Securities - Other Charges

Upstox Vs Hensex Securities - Transaction Charges

Upstox Vs Hensex Securities - Margin (Exposure)

Upstox Vs Hensex Securities - Features

Upstox Vs Hensex Securities - Review & Rating

Upstox Vs Hensex Securities - Request a call back from Broker

Upstox Vs Hensex Securities - Investment Options

Upstox Vs Hensex Securities - Order Type

Upstox Vs Hensex Securities - Research & Report

Upstox Vs Hensex Securities - Daily Market Report

Upstox Vs Hensex Securities - Suitable For Investor

Upstox Vs Hensex Securities - Pros & Cons

Upstox Vs Hensex Securities - Background

Upstox Vs Hensex Securities - Compare All Brokers

Upstox Vs Hensex Securities - STT/CTT

Upstox Vs Hensex Securities - Demat transaction charges

Upstox Vs Hensex Securities - GST

Upstox Vs Hensex Securities - SEBI Charges

Upstox Vs Hensex Securities - Account Opening & AMC Charges

Upstox Vs Hensex Securities

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Hensex Securities Review 2024

Upstox Vs Hensex Securities - Brokerage charges & Plans

Upstox Vs Hensex Securities - Margin (Exposure)

Upstox Vs Hensex Securities - Other Charges

Upstox Vs Hensex Securities - STT/CTT

Upstox Vs Hensex Securities - Demat transaction charges

Upstox Vs Hensex Securities - GST

Upstox Vs Hensex Securities - SEBI Charges

Upstox Vs Hensex Securities - Features

Upstox

Hensex Securities