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