Upstox offers competitive charges for various trading segments. Here’s a detailed breakdown of the charges for different services:
Account Opening Charges
- Upstox Account Opening Charges: Rs 0 (Free)
Demat Account Charges
- Upstox Demat AMC: Rs 150 per year
Equity Delivery & Intraday Charges
Charge | Upstox Charges |
---|
Brokerage | Rs 20 per executed order or 2.5% (whichever is lower) |
STT | 0.1% on both Buy and Sell |
Transaction Charges | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) |
Demat Transaction Charges | Rs 18.5 per scrip (only on sell) |
GST | 18% (on Brokerage + Transaction Charges) |
SEBI Charges | 0.0001% (Rs 10/Crore) |
Stamp Duty | 0.015% (Rs 1500 per crore) on buy-side |
Equity Intraday Charges
Charge | Upstox Charges |
---|
Brokerage | Rs 20 per executed order or 0.05% (whichever is lower) |
STT | 0.025% on the Sell Side |
Transaction Charges | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) |
Demat Transaction Charges | Rs 0 |
GST | 18% (on Brokerage + Transaction Charges) |
SEBI Charges | 0.0001% (Rs 10/Crore) |
Stamp Duty | 0.003% (Rs 300 per crore) on buy-side |
Equity Futures Charges
Charge | Upstox Charges |
---|
Brokerage | Rs 20 per executed order or 0.05% (whichever is lower) |
STT | 0.1% (on Sell Side) |
Transaction Charges | Rs 190 per Cr (0.0019%) |
Demat Transaction Charges | Rs 0 |
GST | 18% (on Brokerage + Transaction Charges) |
SEBI Charges | 0.0001% (Rs 10/Crore) |
Stamp Duty | 0.002% (Rs 200 per crore) on buy-side |
Equity Options Charges
Charge | Upstox Charges |
---|
Brokerage | Flat Rs 20 per executed order. |
STT | 0.05% (on Sell Side) |
Transaction Charges | Rs 5000 per Cr (0.05%) (on premium) |
Demat Transaction Charges | Rs 0 |
GST | 18% (on Brokerage + Transaction Charges) |
SEBI Charges | 0.0001% (Rs 10/Crore) |
Stamp Duty | 0.003% (Rs 300 per crore) on buy-side |
Currency Futures Charges
Charge | Upstox Charges |
---|
Brokerage | Rs 20 per executed order or 0.05% (whichever is lower) |
Transaction Charges | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) |
GST | 18% (on Brokerage + Transaction Charges) |
SEBI Charges | 0.0001% (Rs 10/Crore) |
Stamp Duty | 0.0001% (Rs 10 per crore) on buy-side |
Currency Options Charges
Charge | Upstox Charges |
---|
Brokerage | Flat Rs 20 per executed order. |
Transaction Charges | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) |
GST | 18% (on Brokerage + Transaction Charges) |
SEBI Charges | 0.0001% (Rs 10/Crore) |
Stamp Duty | 0.0001% (Rs 10 per crore) on buy-side |
Commodity Futures Charges
Charge | Upstox Charges |
---|
Brokerage | Rs 20 per executed order or 0.05% (whichever is lower) |
STT | 0.01% on sell trade (Non-Agri) |
Transaction Charges | Group A – Rs 260 per Cr (0.0026%) |
GST | 18% (on Brokerage + Transaction Charges) |
SEBI Charges | 0.0001% (Rs 10/Crore) |
Stamp Duty | 0.002% (Rs 200 per crore) on buy-side |
Commodity Options Charges
Charge | Upstox Charges |
---|
Brokerage | Flat Rs 20 per executed order. |
Transaction Charges | Not Available |
GST | 18% (on Brokerage + Transaction Charges) |
SEBI Charges | 0.0001% (Rs 10/Crore) |
Stamp Duty | 0.003% (Rs 300 per crore) on buy-side |
Upstox Pros and Cons
Upstox offers several advantages and disadvantages to consider before choosing their services. Here’s a list of the pros and cons:
Pros (Advantages) | Cons (Disadvantages) |
---|
– No charges for online account opening. | – The brokerage fee for stock deliveries is Rs 20 per trade. Most other brokers offer stock deliveries without brokerage fees. |
– Flat Rs 20 per trade brokerage across all segments (delivery, intraday, and F&O). | – Upstox doesn’t offer unlimited monthly trading plans. |
– No software usage charges. | – Margin funding isn’t available for delivery trades. |
– Advanced order types including AMO, CO, SL, GTT are available. | – Doesn’t offer stock tips or recommendations. |
– Margin Trading Facility (MTF) is available at an interest rate of Rs 20/day for slabs of Rs 40,000. | – Doesn’t offer a 3-in-1 account. |
– Margin Against Shares is available. | – Doesn’t offer 24/7 customer support. |
– Upstox Pro Web Trading Platform offers multiple indicators to monitor markets on-the-go. | – Doesn’t offer API access for automated trading. |
– Upstox Bridge for AmiBroker helps you to code & execute your trading strategy using the AmiBroker AFL editor. | – Doesn’t offer NRI Trading and Demat account. |
– Upstox Developer Console | |