The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Account Opening Charges
₹0Account Maintenance Charges
₹0Call & Trade Charges
₹50Equity Delivery Brokerage
₹20Equity Intraday Brokerage
0.05%Equity Futures Brokerage
0.05%Equity Options Brokerage
₹20Currency Futures Brokerage
0.05%Currency Options Brokerage
₹20Commodity Futures Brokerage
0.05%Commodity Options Brokerage
₹20Equity Delivery Margin
4xEquity Intraday Margin
5xEquity Futures Margin
1xEquity Options Margin
1xCurrency Futures Margin
1xCurrency Options Margin
1xCommodity Futures Margin
1xCommodity Options Margin
1xSet of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Advantages and Strengths of this broker.
Disadvantages of this broker that it needs to improve upon.
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
Upstox has become a prominent player among discount brokers. With no commission, no account maintenance, and a flat brokerage of Rs. 20 for stocks, Currency, commodity, and F&O segments, it enjoys the second-highest number of active clients. Backed by Mr. Ratan Tata, Upstox has become an easy-to-trust brand. It provides its customers with cutting-edge and technologically advanced front ends to make trading decisions and executions. Upstox accounts can be used to invest in IPOs, Mutual Fund, and Bullion (Gold and Silver).
Provides free subscriptions to premium educational content,
Investors can invest globally through Upstox’s platforms,
Mutual Fund investments in direct plans are available,
Platforms have a user-friendly interface.
A wide array of charting tools, with 100+ charting tools and indicators,
Nest trading software platform provides a terminal experience to traders,
Dartstock software platform provides live & trend scanners, opportunity finders, recover & fall trackers & many more tools,
Leveraging technology that includes brokerage calculator, SPAN calculator, and options builder tool.
Upstox has various curated trading tools and quality in-class trading platforms to provide a seamless trading experience to all customers. Below mentioned are the brief description of different platforms and tools.
Upstox Pro Web offers a variety of trading features like charting with technical indicators, shortcuts (hotkeys) for faster trading, etc.
Some of its other features include:
When using the platform's capabilities, traders might require some assistance, which is demonstrated online on the website,
Customers can trade like professional traders by adding more than 100 indicators to their charts,
This trading platform enables investors and dealers to observe the market extensively and trade confidently.
Pro Mobile is a mobile trading application offered by Upstox for Android & iOS users. Some of its features are:
CHARGES |
DELIVERY |
INTRADAY |
FUTURES |
OPTIONS |
Transaction Charges |
0.00322% - NSE |
0.00322% - NSE |
0.00188% - NSE |
0.0495% - NSE |
Demat Transaction Charges |
Sell side, ₹ 18.5 per scrip |
- |
- |
- |
Clearing Charges |
- |
- |
0.0002% - NSE |
0.005% - NSE |
GST |
18% on Brokerage + Transaction + Demat Charges |
18% on Brokerage + Transaction |
18% on Brokerage + Transaction + Clearing Charges |
18% on Brokerage + Transaction + Clearing Charges |
STT |
0.1% on both buy & sell. |
0.025% only on sell. |
0.02% only on sell | 0.1% only on sell |
SEBI Charges |
₹ 10 per crore |
₹ 10 per crore |
₹ 10 per crore |
₹ 10 per crore |
CHARGES |
FUTURES |
OPTIONS |
Transaction Charges |
0.0026% for Non Agri |
0.05% |
Clearing Charges |
0.00% |
0.00% |
GST |
18% on Brokerage + Transaction |
18% on Brokerage + Transaction |
STT |
Sell side, 0.01% on Non Agri |
Sell side, 0.05% |
SEBI Charges |
₹ 10 per crore |
₹ 10 per crore |
CHARGES |
FUTURES |
OPTIONS |
Transaction Charges |
0.0009% - NSE |
0.035% - NSE |
Clearing Charges |
0.0004% - NSE |
0.025% - NSE |
GST |
18% on Brokerage + Transaction |
18% on Brokerage + Transaction |
STT |
- |
- |
SEBI Charges |
₹ 10 per crore |
₹ 10 per crore |
Company name:
RKSV Securities Private LimitedContact:
022-6130-9999Email:
sales@upstox.comActive Users:
28,52,978Review Analytics
Platform 12 votes
Charges 5 votes
Transparency 1 votes
Features 13 votes
Customer Support 13 votes
jenil patel
(5)Posted on 23 Nov 2022
Good
mahendra singh
(5)Posted on 06 Oct 2022
Nice
jagannath raysamanta
(1)Posted on 22 May 2022
nice
subhankar dey
(2)Posted on 11 May 2022
Charges are higher than other brokers. If you want features and to pay AMC go for zerodha the charges are lower than upstox. If you don't want to give AMC go for groww it to have low charges as compared to upstox but having less features.
krishan kumar
(4)Posted on 27 Apr 2022
Good
mustafa sayed
(5)Posted on 10 Apr 2022
Good
harshad shivaji patole
(1)Posted on 09 Apr 2022
Best app for investment in my point of view
vashishtha maurya
(5)Posted on 30 Mar 2022
Happily trading since 2020 with UPSTOX
akash babu
(4)Posted on 02 Mar 2022
Good service but features is old
manoj
(5)Posted on 13 Feb 2022
simply awesome
tulsi kumar saw
(5)Posted on 17 Jan 2022
Best platform and broker
sunil wandhare
(5)Posted on 14 Jan 2022
very Good
sudhir raigur
(2)Posted on 27 Dec 2021
Brokerage is expensive 2.5% or 20rs whichever is lower.its is the most expensive discount broker
prabhakar dutta
(5)Posted on 06 Dec 2021
I am using last 4 years with minimal issue and quick resolving everyone should go with upstox for delivery and long term purpose
nilesh shidore
(1)Posted on 01 Dec 2021
Wrist broker, no costumer support
md kamaluddin
(2)Posted on 24 Nov 2021
Account opening proses very hard
krushna chandra sahu
(2)Posted on 13 Nov 2021
Features good but too much charges
pawan kalyane
(1)Posted on 23 May 2021
Worst app. No customer care support. Can't change primary bank account. Can't submit E mandate. No help after raising ticket. Request not to use this app.
sayed alam
(5)Posted on 21 May 2021
Can you tell me the procedure of opening BSDA account? I will be very helpful and thankful for this. {Because I am a small investor and the AMC is high for me??}
saptarshi mandal
(5)Posted on 15 May 2021
??
beckey singh
(5)Posted on 11 May 2021
love it
kavya kathuria
(5)Posted on 29 Apr 2021
Great
k. ritika
(5)Posted on 23 Apr 2021
Great experience
pritish pradhan
(5)Posted on 10 Apr 2021
Upstox is the future.
nishant kumar
(4)Posted on 09 Apr 2021
I'm long term investor in particular, so squaring off the underperforming stocks and stocks under some external issues is very painful due to very high DP charges on sell side, plus MMC charges are also a masked charges which I missed while selecting my broker. The mobile application is very good, and has many technical indicators to use at same time, we can see news related to that company at the same interface! I hope everyone finds it useful. ??
Upstox account is a 2-in-1 account. It is a combination of a trading and a demat account. The trading account gives you access to stock exchanges like NSE, BSE and MCX etc. And the demat account is used to hold securities like stocks, mutual funds etc.
The upstox account allows investors to trade in stocks, equity derivatives, currency and commodities. It also offers online mutual fund investment in a lump sum or SIP way.
You can open the Upstox account in 2 easy ways:
1. Upstox Online Account Opening
Click on to open an account
Enter your Email Address and Mobile Number.
Fill in your personal details and bank details.
Review, confirm and submit the application.
2. Upstox Offline Account Opening
Visit Upstox website, Go to 'Support'
Click 'Download Forms'
Click 'Demat & Trading Account'
Print the form
Fill and sign the form.
Attach all the required documents.
Courier the filled form to Upstox registered office.
Upstox offers brokerage free equity delivery trading. For all other segments, it charges flat Rs. 20 or 0.01% per executed order. Also, customers have to pay government taxes, exchange turnover charges, demat debit transaction fees etc. Click the link to know more about Upstox brokerage charges.
Upstox is a reliable stock broker in India for many reasons including a strong reputation of its investors, decade long experience in broking, tech-first approach, and no major violations reported to date.
Upstox was established in 2011 under the name of ‘RKSV Securities’ in Mumbai. Raghu Kumar, Ravi Kumar, and Srinivas Vishwanath founded it. It has received funding from reputed names like GVK Davix, Kalaari Capital, and Ratan Tata.
The company is a member of BSE, NSE, and MCX exchanges. It is also registered with SEBI, NSDL, and CDSL.
Upstox monthly maintenance charge of Rs.25 (excluding GST) is applicable only on demat accounts. This will be charged at the end of every month.
Based on the app version, there are two ways to close your Upstox account:
For updated versions
Login to the Upstox app.
Click on Picture/Initials on the top left corner of the screen.
Under the “Account” tab, click on “Profile”.
Click on the “View All” button next to “Account”.
Click on the “Three Horizontal Bars” on the top left corner, to open a menu.
From the menu, select “Account Closure”. Click on the “Close Account” button in the closure segment. This will send you to the confirmation page.
On the confirmation page, click on the link generated to be redirected to the closure page.
On the closure page, select your reason for closing the account from the drop-down menu.
Click on the “Close Account” button. Your account will be closed within 7-8 working days from the submission of the closure request.
Yes, Upstox Demat accounts are safe as all demat accounts are opened with Central Depository Services Limited(CDSL). Upstox acts as only an intermediary between the customer and the central depository.
Upstox has both normal and instant withdrawals. Based on the app version, there are two ways to withdraw money from your Upstox account:
For updated versions:
Normal Withdrawal
Click on the name icon in the top left corner of the app to open the wallet section of the app. Here you can choose whether you want to withdraw funds from your Securities or Commodities account.
After selecting the account type, enter the amount of withdrawal and click “Continue”.
You will now come to a confirmation page. Click on the “Confirm Withdrawal” button to finish the withdrawal request.
Instant Withdrawal
Place a withdrawal request as mentioned above for updated versions.
The request will be processed via IMPS within 15 minutes, subject to certain conditions.
You will get an SMS and email confirming the withdrawal.
Note: The conditions necessary for instant withdrawal:
IMPS mode should be active on your bank account.
Instant withdrawal is possible only on the trading day. It's not possible on trading holidays and weekends.
Timings for making Instant withdrawal are from 11:00 AM - 4:00 PM. A withdrawal request outside these time frames would be treated as a standard withdrawal request.
The total Instant Withdrawal amount range allowed is between ?100 to ?50,000 in a day including both securities and commodities wallet.
The total amount that you have utilized, against any open or closed positions which needs to be zero, in order to place an instant withdrawal request.
Upstox offers two types of accounts:
You can open both of these accounts with Upstox.
In addition to these two types of accounts, Upstox also offers the following:
Upstox also offers a variety of other features and benefits, such as:
Overall, Upstox is a good option for investors of all levels, as it offers a variety of features and benefits, including low brokerage charges, an advanced trading platform, and research and analysis tools.
Upstox's Margin Trading Facility (MTF) allows you to buy stocks with just 50% of your own funds and borrow the remaining 50% from Upstox. This can help you to increase your trading capacity and take advantage of investment opportunities that would otherwise be out of reach.
To avail of MTF on Upstox, you must:
The minimum margin requirement for MTF on Upstox is:
VAR stands for Value at Risk and is a measure of the potential loss that a trader could incur on a particular trade.
There are several ways to transfer funds into your Upstox trading account:
Net Banking
UPI transfer
Google Pay (GPay)
Upstox charges a flat brokerage fee of Rs. 20 per trade for equity delivery, intraday, and F&O trades.
This can be considered high by some, especially for smaller trades. However, it's important to consider the following:
Ultimately, whether Upstox charges are high or not depends on your individual trading needs and preferences. If you're a frequent trader with larger trade sizes, the flat brokerage fee might be more cost-effective compared to percentage-based brokerage charges offered by other brokers. However, if you're a small-time investor with infrequent trades, the flat fee might seem high.
It's important to compare the overall costs, including brokerage, transaction charges, and other fees, when choosing a broker.
Upstox charges a flat brokerage fee of Rs. 20 per trade for equity delivery trades. This means that regardless of the size of your trade, you'll pay a maximum of Rs. 20 per executed order.
Upstox offers a flat brokerage plan of Rs 20 per order, regardless of the trade size or type. This simple and transparent pricing structure makes it easy for traders to calculate their costs.
No, Upstox has a transparent fee structure with no hidden charges. You only pay the flat brokerage of Rs 20 per order, along with applicable taxes and other statutory charges.
No, the flat brokerage of Rs 20 per order applies to all trading segments, including options trading. There are no additional charges for options trading, such as brokerage on option buying or selling.
While Upstox doesn't offer traditional discount brokerage plans, its flat brokerage model is already quite competitive. However, you can explore various offers and promotions that Upstox may provide from time to time to further reduce your trading costs.