Find 1st of its kind Comparison of HDFC Securities Franchise vs Upstox Franchise. This comparison provides a detailed view of all the features of respecting sub broker or franchise brands.
HDFC Securities & Upstox are both Broking houses & provide sub brokership to their partners. Both of them have varied Business Models which we will discuss here.
Compare Sub Broker Franchise
In this comparison, we will dig deep into all the aspects of both broking franchise brands. The significant aspects that we will discuss are:
- Overview
- Customer Ratings
- Business Models
- Security Deposit or Initial Investment
- Revenue Sharing or Commission
- Infrastructure Requirement
- Offers
- Support
- Brokerage Charges to Clients
- Other Charges & Margin to Clients
With this detailed comparison, we will have a clear understanding of which Sub Brokership is better: HDFC Securities Sub Broker Program or Upstox Sub Broker Program.
Start this amazing comparison between HDFC Securities Sub Broker & Upstox Sub Broker:
HDFC Securities Franchise vs Upstox Franchise – An Overview |
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Overview | HDFC Securities Franchise | Upstox Franchise |
Company Type | Public | Private |
Broker type | Full Service Broker | Full Service Broker |
Headquarters | Mumbai, India | Mumbai, India |
Founder | Bharat Shah | Raghu Kumar, Ravi Kumar |
Established Year | 2000 | |
SB Code Activation Time | 21 days | 15 Days |
Payout Time | 30 Days | 31 Days |
Customer Ratings of HDFC Securities Sub Broker & Upstox Sub Broker |
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Customer Ratings | HDFC Securities Franchise | Upstox Franchise |
Experience | 3.10 / 5 | 2.5/5 |
Services | 3.30 / 5 | 2.8/5 |
Products | 3.10 / 5 | 3.1/5 |
Trading Platforms | 2.90 / 5 | 2.7/5 |
Support | 3.10 / 5 | 2.8/5 |
Revenue Sharing Model | 3.00 / 5 | 3.1/5 |
Security Deposit | 2.80 / 5 | 3.3/5 |
Offers | 2.90 / 5 | 2.7/5 |
Market Share | 3.10 / 5 | 1.9/5 |
Overll Ratings | 3.03 / 5 | 2.8/5 |
Star Ratings | ★★★☆☆ | ★★★☆☆ |
Compare Business Models of HDFC Securities Franchise & Upstox Franchise |
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Business Models | HDFC Securities Franchise | Upstox Franchise |
Master Franchise | R | S |
Sub Broker | R | R |
Remisier | S | S |
Referral Program | S | R |
HDFC Securities Franchise vs Upstox Franchise Security Deposit Comparison |
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Security Deposit | HDFC Securities Franchise | Upstox Franchise |
Master Franchise | 300000 – 500000 | NA |
Sub Broker | 100000 – 200000 | Rs 25,000 – Rs 50,000 |
Remisier | NA | NA |
Referral Program | NA | NA |
Upstox Franchise vs HDFC Securities Franchise Revenue Sharing Comparison |
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Revenue Sharing | HDFC Securities Franchise | Upstox Franchise |
Master Franchise | 70% – 75% | NA |
Sub Broker | 50% – 65% | 10% – 30% |
Remisier | NA | NA |
Referral Program | NA | Gift Voucher |
Upstox Sub Broker vs HDFC Securities Sub Broker Infra Requirement |
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Infrastructure Requirement | HDFC Securities Franchise | Upstox Franchise |
Office Area | Minimum 300 Sq Ft | Not Required |
Employee Strength | Minimum 7 | Not Required |
Research Services | R | S |
Internet Connection | R | S |
Trading Terminals | R | S |
Telephone Lines | R | S |
Compare HDFC Securities Partner & Upstox Partner Offers |
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Offers | HDFC Securities Franchise | Upstox Franchise |
Zero Deposit | S | S |
10k Initial Deposit | S | R |
Flexible Revenue Sharing | R | R |
Flat Revenue Sharing | S | S |
Zero Revenue Sharing with Prepaid | S | S |
Upstox Authorised Person vs HDFC Securities Authorised Person Support |
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Support | HDFC Securities Franchise | Upstox Franchise |
Marketing Support | R | S |
Back-Office Support | R | R |
Trading Support | R | S |
Advisory Support | R | S |
Dealing Training | R | R |
Acquisition Training | R | S |
Product Training | R | R |
Compare Brokerage Charges of HDFC Securities Franchise & Upstox Franchise |
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Brokerage Charges to Clients | HDFC Securities Franchise | Upstox Franchise |
Equity Delivery | 0.50% | Zero |
Equity Intraday | 0.05% | Rs. 20 per trade or 0.01% |
*Equity Futures | 0.05% | Rs. 20 per trade or 0.01% |
Equity Options | Rs.100 per Lot | *Rs. 20 per trade or 0.01% |
Currency Futures | 0.05% | Rs. 20 per trade or 0.01% |
Currency Options | Rs.100 per Lot | Rs. 20 per trade or 0.01% |
Commodity | 0.05% | *Rs. 20 per trade or 0.01% |
HDFC Securities Partners & Upstox Partners Charges Comparison |
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Charges to Clients | HDFC Securities Franchise | Upstox Franchise |
Demat AMC | Rs.300 per Annum | Rs 150 (One Time) |
Trading AMC | Rs.500 per Annum | Rs 150 (One Time) |
Account Opening Charges | Rs.500 | Zero |
Transaction Charges | 0.00325% | 0.003250% |
Margin Money | Minimum Rs.25,000 | Zero |
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