How to use Upstox Brokerage Calculator

Stock market investments have become quite popular. People are starting to prefer it over traditional investment instruments like Fixed Deposits (FDs). As of now in 2025, 21 crore (210 million) new Demat accounts have been opened in India,with around 1 lakh new accounts being opened daily. This is proof that people have embraced investing.

But before taking trades, it is essential to understand one often-ignored aspect: brokerage and trading charges. These costs directly affect your profit or loss. If you want clarity before placing an order, the Upstox Brokerage Calculator is one of the simplest tools to estimate all trading charges instantly.

This guide explains how to use the calculator step by step, what charges it covers, segment-wise examples, common mistakes traders make, and when these calculators are most helpful. After that, you will find the original Upstox section-wise content that explains offerings, charges, and examples in detail.

Table of Contents:

1. How to Use the Upstox Brokerage Calculator?
2. Upstox Brokerage Calculator Features
3. How to Use the Upstox Brokerage Calculator
4. Upstox Brokerage Charges & Calculations
5. Comparison: Upstox Brokerage vs Other Popular Brokers
6. Benefits of Using an Upstox Brokerage Calculator
7. Common Mistakes 
8. Conclusion
9. FAQs

Upstox was licensed to trade in 2010. Today, it is one of the top discount brokers in India. It offers a broad range of financial services, including stock trading, mutual funds, IPOs, commodities, and currencies. It has two different modes for investors and traders (Upstox and Upstox Pro). Since its launch, it has grown rapidly, reaching a valuation of approximately ₹23,800 crore (approximately $2.98 billion), a figure consistent as of late 2025 data, derived from its last funding round in September 2022. It is popular for its user-friendly platform and advanced trading tools. 

Before you choose Upstox as your broker, it is important to understand its brokerage charges and calculations. So, let's get started!

How to Use Upstox Brokerage Calculator?

Most traders know their buy price, target, and stop-loss. But very few calculate the actual cost of entering and exiting a trade. Even a small set of charges—brokerage, STT, GST, turnover fees, DP charges—can influence your breakeven and net P&L.

The Upstox brokerage calculator solves this problem by showing a complete breakdown of all charges in seconds. Whether you trade intraday, delivery, futures, or options, the calculator helps you identify your real trading cost before placing an order.

This article covers how to use the Upstox charges calculator, what each cost means, segment-wise examples, breakeven insights, mistakes to avoid, comparisons with other brokers, and FAQs to improve clarity.

Upstox Brokerage Calculator Features

The Upstox calculator is designed to give a complete cost estimate for different trading products. It provides:

• Estimated brokerage for both buy and sell side
• All taxes and regulatory fees such as STT, GST, and SEBI charges
• Exchange transaction charges
• DP charges for delivery trades
• Total cost, breakeven, and net P&L
• Support for Equity Delivery, Intraday, Futures, and Options
• Exchange-wise differences (NSE/BSE)

Traders use it to quickly understand whether a trade is cost-effective, especially when operating with narrow targets. Since brokerage is often capped at ₹20 per order, other charges can form a major part of the total cost.

How to Use the Upstox Brokerage Calculator- Step-by-Step Guide

Using the Upstox calculator takes less than 10 seconds. Here’s how:

Step 1: Select the trading segment
Choose from:
• Equity Delivery
• Equity Intraday
• Futures (Equity / Currency / Commodity)
• Options (Equity / Currency / Commodity)

Each segment has different tax rules, so selecting the right one is essential.

Step 2: Enter the quantity
Enter the number of shares, lots, or contracts you wish to trade. For options, quantities will depend on lot size (e.g., 50 for NIFTY50, 15 for Bank Nifty).

Step 3: Enter buy and sell price
If you are checking potential profit, enter both values.
If you want to calculate only charges, enter identical buy/sell values.

Step 4: Select the exchange
NSE and BSE charges differ slightly.
For example, NSE usually has higher transaction charges on equity futures.

Step 5: Click Calculate
The tool instantly shows:
• Brokerage
• STT
• Exchange transaction charges
• GST
• SEBI turnover fee
• Stamp duty
• DP charges (only for delivery)
• Total charges
• Net P&L and breakeven points

This helps you judge whether your target has enough margin to cover costs.

Upstox Brokerage Charges & Calculations

The Upstox charges calculator includes every cost applicable to a trade:

Charge Category	Latest Value / Description	Notes / Conditions
Account Opening Charges	₹0	Upstox does not charge for opening a trading/Demat account.
Annual Maintenance Charges (AMC)	₹0 first year; ₹300 + GST (approx ₹354) thereafter for non-BSDA	AMC applied yearly; first year free.
Brokerage (Equity Delivery)	Up to ₹20 per executed order (flat)	Pay-per-trade model capped at ₹20.
Brokerage (Equity Intraday)	₹20 or 0.1% per order (whichever is lower)	Segment-specific brokerage.
Brokerage (Equity Futures / Currency Futures / Commodities)	₹20 or 0.05% per order (whichever is lower)	Varies by segment.
Brokerage (Options)	₹20 per executed order	Applies to equity/currency/commodity options.
Securities Transaction Tax (STT)	Government-mandated variable %	STT applies per segment (e.g., 0.1% on equity delivery; 0.025% on intraday sell).
Exchange Transaction Charges	Charged by NSE/BSE as % of turnover	Exchange fee varies by segment and exchange.
Goods and Services Tax (GST)	18% on (brokerage + exchange transaction charges + SEBI charges + demat where applicable)	Standard statutory GST.
SEBI Turnover Charges	₹10 per crore of turnover	Regulatory fee per SEBI norms.
Stamp Duty	State-mandated rates on buy-side turnover	Varies by state and transaction type; levied on buy side.
DP Charges (Demat / Sell)	~₹18.5 per scrip per sell	Applicable when you sell delivery holdings; charged by DP + Upstox.
Notes	Charges differ across segments, which is why calculators simplify totals	Segment fee structures vary; refer to the official calculator for precise totals.

*Users onboarded before August 2021 might be charged a quarterly AMC of ₹75 + 18% GST or an annual AMC of ₹150 + 18% GST

Upstox Brokerage Charges

Category	Charges
Upstox Equity Delivery Charges	₹20 or 2.5%, whichever is lower, on Equity Delivery
Upstox Intraday Charges	₹20 per executed order or 0.1% (whichever is lower)
Upstox F&O charges	Futures: ₹20 per order or 0.05% Options: Flat ₹20 per order
Upstox Currency Charges	Futures: ₹20 per order or 0.05% Options: Flat ₹20 per order
Upstox Commodity Charges	Futures: ₹20 per order or 0.05% Options: Flat ₹20 per order

Upstox Intraday Brokerage Calculator

Intraday trades are squared off on the same day, so DP charges do not apply. The total cost you pay includes brokerage, STT/CTT, transaction charges, stamp duty, SEBI turnover fees, and GST. Here’s a clear breakdown using a practical example.

Example Calculation:

Trade Details

Parameter	Value
Order Type	Intraday
Exchange	BSE
Quantity	250 shares
Buy Price	₹3,029
Sell Price	₹3,050

Trade Values

Description	Calculation	Amount (₹)
Net Buy Value	250 × 3,029	7,57,250
Net Sell Value	250 × 3,050	7,62,500
Total Turnover	Buy Value + Sell Value	15,19,750

Charges Applied

Charge Type	Calculation	Amount (₹)
Brokerage	Fixed	40.00
STT / CTT	0.025% × 7,62,500	190.63
Transaction Charges	0.00322% × 15,19,750	48.93
Stamp Duty	0.003% × 7,57,250	22.72
SEBI Turnover Fees	₹10 × (15,19,750 / 1,00,00,000)	1.52
GST (18%)	18% × (Brokerage + Transaction Charges)	16.91

Total Charges, Breakeven & P&L

Metric	Calculation	Amount (₹)
Total Charges	Sum of all charges	324.21
Breakeven (per share)	324.21 ÷ 250	1.30
Net P&L	7,62,500 − 7,57,250 − 324.21	4,925.79

Upstox Delivery Brokerage Calculator

Equity delivery trades are taken into your Demat account, so DP charges apply when you sell the shares. For delivery, Upstox does not charge brokerage. Your total cost includes STT/CTT, transaction charges, stamp duty, SEBI turnover fees, GST, and DP charges (sell-side only). Here’s a clear breakdown using an example.

Example Calculation:

Trade Details

Particulars	Details
Order Type	Delivery
Exchange	NSE
Quantity	150 shares
Buy Price	₹980
Sell Price	₹1,020

Trade Value Calculation

Description	Calculation	Amount (₹)
Net Buy Value	150 × 980	1,47,000
Net Sell Value	150 × 1,020	1,53,000
Total Turnover	1,47,000 + 1,53,000	3,00,000

Charges Breakdown

Charge Type	Calculation	Amount (₹)
Brokerage Charges	Zero for delivery trades	0.00
STT / CTT	0.1% of buy + 0.1% of sell	300.00
Transaction Charges	0.00345% of turnover	10.35
Stamp Duty	0.015% of buy value	22.05
SEBI Turnover Fees	₹10 per crore	0.30
GST	18% on transaction charges	1.86
DP Charges (Sell only)	₹13.50 + 18% GST	15.93

Summary: Charges, Breakeven & Profit

Metric	Calculation	Amount (₹)
Total Taxes & Charges	Sum of all charges	350.49
Breakeven per Share	350.49 ÷ 150	2.34
Net P&L	1,53,000 – 1,47,000 – 350.49	5,649.51

Upstox Futures Brokerage Calculator

Futures trades (Equity, Index, or Currency) follow an exchange-set turnover-based cost structure. Brokerage is fixed, and since futures are cash-settled, DP charges do not apply. Your total cost includes brokerage, STT/CTT, exchange transaction charges, stamp duty, SEBI turnover fees, and GST.

Below is a clear breakdown using an example.

Example Calculation:

Trade Details

Parameter	Details
Order Type	Futures
Segment	Equity Futures
Quantity	200 lots
Buy Price	₹450
Sell Price	₹455

Trade Value Calculation

Particulars	Calculation	Amount (₹)
Net Buy Value	200 × 450	90,000
Net Sell Value	200 × 455	91,000
Total Turnover	90,000 + 91,000	1,81,000

Charges Breakdown

Charge Type	Rate / Basis	Calculation	Amount (₹)
Brokerage Charges	₹20 per order (Buy + Sell)	Fixed	40.00
STT / CTT	0.01% on sell side	0.01% × 91,000	9.10
Transaction Charges	0.0019% of turnover	0.0019% × 1,81,000	3.44
Stamp Duty	0.002% on buy side	0.002% × 90,000	1.80
SEBI Turnover Fees	₹10 per crore	₹10 × (1,81,000 / 1,00,00,000)	0.18
GST	18% on brokerage + transaction charges	18% × (40 + 3.44)	7.62

Total Charges, Breakeven & Profit/Loss

Metric	Calculation	Amount (₹)
Total Taxes & Charges	Sum of all charges	62.14
Points to Breakeven	62.14 ÷ 200	0.31 per unit
Net P&L	91,000 – 90,000 – 62.14	937.86

Upstox Options Brokerage Calculator

Options trades carry a fixed brokerage per order, and the total cost includes brokerage, STT, exchange transaction charges, SEBI fees, stamp duty, and GST. Since options are cash-settled, DP charges do not apply. Here is a clear, practical example to understand how charges are calculated on an options trade.

Example Calculation:

Trade Details

Parameter	Value
Order Type	Options (Equity Options)
Exchange	NSE
Quantity	200 contracts (1 lot = 1 contract)
Buy Premium (per contract)	₹12
Sell Premium (per contract)	₹15

Premium & Turnover Calculation

Particulars	Calculation	Amount (₹)
Net Buy Premium Value	200 × 12	2,400
Net Sell Premium Value	200 × 15	3,000
Total Turnover	2,400 + 3,000	5,400

Charges Breakdown

Charge Type	Rate / Basis	Calculation	Amount (₹)
Brokerage Charges	₹20 per order (Buy + Sell)	Fixed	40.00
STT (Sell Side)	0.0625%	0.0625% × 3,000	1.88
Transaction Charges (NSE Options)	0.053% of turnover	0.053% × 5,400	2.86
Stamp Duty (Buy Side)	0.003%	0.003% × 2,400	0.07
SEBI Turnover Fees	₹10 per crore	10 × (5,400 / 1,00,00,000)	0.005
GST	18% on brokerage + transaction charges	18% × (40 + 2.86)	7.75

Summary: Charges, Breakeven & P&L

Metric	Calculation	Amount (₹)
Total Taxes & Charges	Sum of all charges	52.56
Points to Breakeven	52.56 ÷ 200	0.26 per contract
Net P&L	3,000 − 2,400 − 52.56	547.44

Upstox Equity Delivery Brokerage Calculator

In equity delivery trades, shares are bought and held in your Demat account, so DP charges apply when you sell the shares. Brokerage on delivery is ₹0, but statutory charges like STT, transaction charges, stamp duty, SEBI fees, DP charges, and GST still apply. Here’s a clear breakdown using a practical example.

Example Calculation:

Trade Details

Parameter	Value
Order Type	Equity Delivery
Exchange	NSE
Quantity	100 shares
Buy Price (per share)	₹850
Sell Price (per share)	₹880

Value & Turnover Calculation

Particulars	Calculation	Amount (₹)
Net Buy Value	100 × 850	85,000
Net Sell Value	100 × 880	88,000
Total Turnover	85,000 + 88,000	1,73,000

Charges Breakdown

Charge Type	Rate / Basis	Calculation	Amount (₹)
Brokerage Charges	Zero brokerage (Delivery)	Fixed	0.00
STT – Buy Side	0.1%	0.1% × 85,000	85.00
STT – Sell Side	0.1%	0.1% × 88,000	88.00
Total STT	—	85 + 88	173.00
Transaction Charges	0.00345% of turnover	0.00345% × 1,73,000	5.96
Stamp Duty (Buy Side)	0.015%	0.015% × 85,000	12.75
SEBI Turnover Fees	₹10 per crore	10 × (1,73,000 / 1,00,00,000)	0.17
DP Charges (Sell Side)	Per scrip	Fixed	15.93
GST	18% on transaction charges	18% × 5.96	1.07

Summary: Charges, Breakeven & P&L

Metric	Calculation	Amount (₹)
Total Taxes & Charges	Sum of all charges	208.88
Points to Breakeven	208.88 ÷ 100	2.09 per share
Net P&L	88,000 − 85,000 − 208.88	2,791.12

Upstox Equity Futures Brokerage Calculator

Equity futures are traded in the derivatives segment, where brokerage is charged per executed order. Since futures are cash-settled and no delivery takes place, DP charges do not apply. The total cost includes brokerage, STT, exchange transaction charges, stamp duty, SEBI turnover fees, and GST. Here is a clear breakdown using an example.

Example Calculation:

Trade Details

Parameter	Value
Order Type	Equity Futures
Exchange	NSE
Lot Size	250 units
Buy Price (per unit)	₹1,500
Sell Price (per unit)	₹1,520

Value & Turnover Calculation

Particulars	Calculation	Amount (₹)
Net Buy Value	250 × 1,500	3,75,000
Net Sell Value	250 × 1,520	3,80,000
Total Turnover	3,75,000 + 3,80,000	7,55,000

Charges Breakdown

Charge Type	Rate / Basis	Calculation	Amount (₹)
Brokerage Charges	₹20 per order (Buy + Sell)	Fixed	40.00
STT (Sell Side)	0.0125%	0.0125% × 3,80,000	47.50
Transaction Charges	0.0019% of turnover	0.0019% × 7,55,000	14.35
Stamp Duty (Buy Side)	0.002%	0.002% × 3,75,000	7.50
SEBI Turnover Fees	₹10 per crore	10 × (7,55,000 / 1,00,00,000)	0.75
GST	18% on brokerage + transaction charges	18% × (40 + 14.35)	9.63

Summary: Charges, Breakeven & P&L

Metric	Calculation	Amount (₹)
Total Taxes & Charges	Sum of all charges	119.73
Points to Breakeven	119.73 ÷ 250	0.48 per unit
Net P&L	3,80,000 − 3,75,000 − 119.73	4,880.27

Upstox Equity Options Brokerage Calculator

Equity options trades involve premium-based brokerage and specific statutory charges. Since these are derivative trades, STT applies only on the sell leg, and DP charges do not apply because there is no delivery. Your total cost includes brokerage, STT, transaction charges, stamp duty, SEBI turnover fees, and GST.

Below is a clear, practical example of how these charges are calculated.

Example Calculation:

Trade Details

Parameter	Value
Order Type	Options (Equity)
Exchange	NSE
Quantity	100 lots (1 lot = 50 units)
Total Units	5,000 units
Buy Premium (per unit)	₹12
Sell Premium (per unit)	₹15

Premium & Turnover Calculation

Particulars	Calculation	Amount (₹)
Buy Premium Value	5,000 × 12	60,000
Sell Premium Value	5,000 × 15	75,000
Total Turnover	60,000 + 75,000	1,35,000

Charges Breakdown

Charge Type	Rate / Basis	Calculation	Amount (₹)
Brokerage Charges	₹20 per order (Buy + Sell)	20 + 20	40.00
STT (Sell Side)	0.0625%	0.0625% × 75,000	46.88
Transaction Charges	0.053% of turnover	0.053% × 1,35,000	71.55
Stamp Duty (Buy Side)	0.003%	0.003% × 60,000	1.80
SEBI Turnover Fees	₹10 per crore	10 × (1,35,000 / 1,00,00,000)	0.14
GST	18% on brokerage + transaction charges	18% × (40 + 71.55)	20.88

Summary: Charges, Breakeven & P&L

Metric	Calculation	Amount
Total Taxes & Charges	Sum of all charges	₹181.25
Points to Breakeven (per unit)	181.25 ÷ 5,000	₹0.036
Net P&L	75,000 − 60,000 − 181.25	₹14,818.75

This is how Upstox calculates its brokerage charges for equity options.

Comparison: Upstox Brokerage vs Other Popular Brokers

Upstox offers a competitive structure similar to other discount brokers.
Here’s a quick overview:

Comparison Aspect	Upstox	Zerodha	Angel One
Brokerage per order	₹20 per order	₹20 per order	Up to ₹20 per order
DP charges	Standard DP charge per scrip	Slightly lower DP charge per scrip compared to Upstox	DP charges apply per scrip
STT / transaction charges	As per exchange norms	As per exchange norms	Slight variations in STT/transaction charges in certain segments
Promotional offers	Periodic free-trade or promotional offers	Limited promotional discounts	Occasional segment-specific offers
Margin facilities	Available, varies by segment	Available, conservative margin policies	Available, varies by product
Platform & tools	Modern app with frequent feature updates	Stable, widely trusted trading platform	Feature-rich platform with advisory integrations

High-Level Takeaway

Brokerage rates across major brokers are similar. What differs is:
• DP charge per scrip
• Margin facilities
• Exchange transaction charges (broker-dependent)
• Platform features

Benefits of Using Upstox Brokerage Calculator

Using a brokerage calculator ensures you know the exact cost before committing capital. Some benefits include:

• Avoiding unexpected deductions and DP costs
  • Understanding breakeven points accurately
  • Improved planning for scalping and high-volume intraday trades
  • Better target setting for swing trades
  • Clarity on overall profitability

Calculators help traders avoid emotional decision-making and rely on numbers.

Common Mistakes While Calculating Manually

Many traders calculate profit only based on buy and sell prices. Here are frequent mistakes:

Mistake No.	Common Mistake	Explanation	Practical Impact
Mistake 1	Ignoring STT differences	STT varies across segments. In intraday trades, STT is applied only on the sell side, whereas in delivery trades, STT is charged on both buy and sell sides.	Leads to inaccurate cost estimation and overstated net profits.
Mistake 2	Forgetting DP charges	DP charges are applicable only when selling delivery shares. Many traders overlook this cost while calculating returns.	Results in lower-than-expected realised P&L on delivery trades.
Mistake 3	Miscalculating GST	GST is not charged on total turnover. It applies only on brokerage and exchange transaction charges.	Overestimation of tax costs and incorrect net profit calculations.
Mistake 4	Assuming brokerage applies on both sides	Some brokers charge brokerage per executed order rather than per trade leg. For example, Upstox charges brokerage up to ₹20 per order.	Misjudging total brokerage payable, especially in intraday and F&O trades.

These mistakes make calculators extremely useful.

When the Upstox Charges Calculator is Most Useful

The Upstox calculator is especially helpful in situations like:

High-Volume Intraday: Small per-share differences matter.
Options Selling: STT on selling can be significant.
Narrow-Target Swing Trades: Breakeven clarity helps choose better stocks.
Futures Trading:

• Higher turnover leads to higher transaction charges.
• Using the calculator before each trade helps evaluate if the trade is worth entering.

Conclusion

Upstox offers a wide range of financial instruments along with two platform modes designed for both investors and traders. It also provides educational resources to help users understand the market better. With its brokerage calculator, you can quickly estimate the exact brokerage and other trading costs across segments such as intraday, delivery, futures, and options. This helps you plan trades with clarity and avoid unexpected charges.

If you want to compare costs before choosing a broker, you can also explore Select’s brokerage calculator list—featuring calculators from 25 popular brokers—to find the option that suits your trading style best.

FAQs on Upstox Brokerage Calculator

1. Is the Upstox brokerage calculator accurate?
   Yes, it includes all current charges from exchanges, SEBI, and Upstox. Values may vary slightly due to exchange revision.
2. Does Upstox charge brokerage on both buy and sell?
   Brokerage is charged per executed order. If both legs execute separately, both may attract brokerage.
3. Why is STT charged only on the sell side in intraday?
   Because intraday equity does not involve transfer of securities, STT applies only on the selling transaction.
4. Are there hidden charges apart from brokerage?
   No. All charges—STT, GST, turnover fees, DP charges—are regulatory and included in the calculator.
5. Is DP charge applicable on delivery trades only?
   Yes. Every delivery sell transaction attracts DP charges per scrip.
6. Why does calculator output vary by exchange?
   NSE and BSE have different transaction charges, so total cost differs slightly.
7. Is GST charged on the entire trade value?
   No, GST is charged only on brokerage + exchange transaction charges.