Upstox Brokerage Charges, Fees, Plan and Taxes 2024 (2024)

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Upstox Brokerage Charges, Fees, Plan and Taxes 2024 (3)

-16.63% 2,401,555 Clients

Upstox Account Opening Enquiry

Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

Upstox is a low-cost, online discount broker with a simple pricing model, offering trading services across Equities, Commodities, Currency, Futures & Options, Mutual Funds, and IPOs.

Upstox charges a brokerage of Rs 20 or 2.5% of trade value (whichever is lower) for Equity Delivery trading and a lower of Rs 20 or 0.05% for Equity Intraday, Equity Futures, Currency Futures, and Commodity Futures. For Options, the company charges a flat Rs 20 brokerage fee. The company brokerage charges are transparent with no hidden charges.

Upstox offers an online brokerage calculator that helps you calculate exactly how much to pay in brokerage and the breakeven. The Upstox brokerage calculator displays the exact amount of brokerage and other charges like STT, exchange transaction charges, SEBI charges, GST, and Stamp duty.

Upstox Account Charges

Upstox offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with Upstox. Upstox fee structure and trading commission rates are explained as below.

To open Upstox account you have to pay account opening charges and annual maintenance charges (AMC).

Upstox Account Open Charges | Upstox AMC 2024

TransactionFee
Trading Account Opening Charges (One Time)Rs 0 (Free)
Trading Annual Maintenance Charges AMC (Yearly Fee)Rs 0 (Free)
Demat Account Opening Charges (One Time)Rs 0 (Free)
Demat Account Annual Maintenance Charges AMC (Yearly Fee)Rs 150

Upstox Brokerage Charges 2024

Customer pays a commission (brokerage) when buying or selling stocks through Upstox. The brokerage charges for equity, commodities and currency derivative trading for Upstox are explained as below.

Upstox Default

SegmentBrokerage Fee
Monthly Fee (Fixed)NA
Equity DeliveryRs 20 per executed order or 2.5% whichever is low
Equity IntradayRs 20 per executed order or 0.05% whichever is lower
Equity FuturesRs 20 per executed order or 0.05% whichever is lower
Equity OptionsRs 20 per executed order
Currency FuturesRs 20 per executed order or 0.05% whichever is lower
Currency OptionsRs 20 per executed order
Commodity FuturesRs 20 per executed order or 0.05% whichever is lower
Commodity OptionsRs 20 per executed order

Upstox Demat Account Charges 2024

The Demat account transactions are charged separately from the trading commission. Find Upstox Demat account charges 2024.

Upstox Demat Charges

Upstox trading and demat account opening fees are Rs 0 (Free). Upstox charges Rs 150 per year demat account AMC. Upstox demat debit transaction fee of

Rs 13 + Rs 5.50 (CDSL charges) per scrip.

per debit transaction.

IDTransactionCharges
1Demat Account Opening ChargesRs 0 (Free)
2Transaction Charges (Buy)
3Transaction Charges (Sell)

Rs 13 + Rs 5.50 (CDSL charges) per scrip.

4Annual Maintenance Charges (AMC)

Rs 150

5Demat + Courier charges

Rs 2.00 per certificate plus courier charges of Rs 35 per demat request

6Remat

Rs 25 per certificate or 0.05% of the value whichever is higher.

7Pledge Creation

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

8Pledge Creation Confirmation

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

9Pledge Invocation

0.05% of the transaction charges subject to a minimum of Rs 50

10Failed Transactions

Rs 50 per transaction

11Other Charges
  1. Demat Rejection Charges: Rs 35 per rejection for every 500 gms.
  2. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges.
  3. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

Upstox Transaction Charges (Exchange Turnover Charge)

A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .

Upstox Transaction Charges 2024

SegmentTransaction Fee
Equity DeliveryNSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity IntradayNSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity FuturesNSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity OptionsNSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency FuturesNSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency OptionsNSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
CommodityGroup A - Rs 290 per Cr (0.0029%)

Upstox Trading Taxes

Upstox charges government taxes and fees in addition to the brokerage. These Upstox trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the Upstox tax calculation.

Upstox Tax on Trading

Tax UpstoxRates

Securities Transaction Tax (STT)

  • Equity Delivery: 0.1% on both Buy and Sell
  • Equity Intraday: 0.025% on the Sell Side
  • Equity Futures: 0.01% on Sell Side
  • Equity Options: 0.05% on Sell Side(on Premium)
  • Commodity Futures: 0.01% on sell side (Non-Agri)
  • Commodity Options: 0.05% on sell side
  • Currency F&O: No STT
  • On Exercise transaction: 0.125%
  • Right to entitlement: 0.05% on sell side

Exchange Transaction Charges

Refer table above

GST

18% on (Brokerage + Transaction Charge + SEBI Fee)

SEBI Charges

0.0001% (₹10/Crore) of the turnover (except for Agri futures where it is Rs 1 per crore)

Stamp Duty

(On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.

Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)

Upstox Special Offer

Exclusive offer by Upstox

  • Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 commission for Mutual Funds.

It is a limited-time offer. Open Instant Account and start trading the same day.

Frequently Asked Questions

  1. 1. How much upstox charge?

    Upstox charges fixed brokerage charges irrespective of trade value. The brokerage for equity delivery trades is Rs 20 per trade or 0.1% (whichever is lower) and Intraday and F&O trades is Rs 20 per trade or 0.05% (whichever is lower).

    Upstox Charges

    Segment

    Brokerage Charges

    Delivery

    Rs 20 per trade or 0.1% (whichever is lower)

    Intraday and F&O

    Rs 20 per trade or 0.05% (whichever is lower)

    Upstox offer same flat rate brokerage for trading at BSE, NSE and MCX.

    It charges an account opening fee of Rs 249. The demat account AMC is free.

  2. 2. How upstox brokerage calculated?

    Upstox is a discount stock broker charging flat rate brokerage for trading at BSE, NSE and MCX. Upstox charges flat Rs 20 per executed order for delivery, intraday and F&O trades.

    Upstox Brokerage Calculation

    Segment

    Trade

    Brokerage Rate

    Brokerage

    Equity Delivery

    Buy 1000 Share of TCS

    Rs 20 per executed order or 0.1% (whichever is lower)

    Rs 20

    Equity Delivery

    Sell 100 Shares of Wipro

    Rs 20 per executed order or 0.1% (whichever is lower)

    Rs 20

    Equity Intraday

    100 TCS Shares Buy @ 2000 and Sell @ 2100

    Rs 20 per executed order or 0.05% (whichever is lower)

    Rs 40

    F&O Futures

    SBIN Future 1 Lot (3000) Buy @ 328

    Rs 20 per executed order or 0.05% (whichever is lower)

    Rs 20

    F&O Futures

    SBIN Future 1 Lot (3000) Sell @ 340

    Rs 20 per executed order or 0.05% (whichever is lower)

    Rs 20

    F&O Options

    SBIN Options 1 Lot (3000) Buy @ 6.75

    Flat Rs 20 per executed order

    Rs 20

    F&O Options

    SBIN Options 1 Lot (3000) Sell @ 18

    Flat Rs 20 per executed order

    Rs 20

    Note:

    • Taxes, exchange turnover fee, demat debit transaction fee, etc. are charged in addition to the brokerage charge.

    Discuss this question

  3. 3. How does Upstox work?

    Upstox is an online discount broker. It offers most of its services online and has a very limited physical presence. The company only offers trading and mutual fund services and doesn't offer add-on services like research, wealth management, relationship manager, etc.

    Customers need to open an account with the company to access its online trading and investment services. Upstox works on a fixed brokerage model wherein it charges a flat brokerage fee of Rs 20 per executed order irrespective of trade value.

    Buy & Sell orders can be placed using homegrown trading platform Upstox Pro and through 3rd party trading software i.e. Fox Trader.

    Discuss this question

  4. 4. Upstox is fake or real?

    Upstox is a real stock broker. It is a brand of RKSV Securities India Pvt Ltd, a Mumbai based company who is in this business since 2012. RKSV Securities is a member of NSE, BSE, MCX, CDSL and NSDL.

    Upstox is 2nd largest discount stock broker in India with over 5 lakh active customers as of Jan 2020. It is among the fast-growing financial company in India. Mr. Ratan Tata is one of the investors in the company.

    Upstox (RKSV Securities) Membership Info:

    • RKSV Securities CIN Number: U74900DL2009PTC189166
    • SEBI Registration No. INZ000185137
    • NSE Member Code: 13942
    • MCX Member Code: 46510

    Discuss this question

  5. 5. Is Upstox SEBI registered?

    Yes, Upstox is a SEBI registered company under the name of RKSV Securities. The company's SEBI Registration No. is INZ000185137. It is also a registered member of BSE, NSE, MCX, CDSL and NSDL.

    Discuss this question

Upstox Account Opening Enquiry

Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

Read more about Upstox

  • Upstox Review - A Detail Analysis of Upstox
  • Upstox Brokerage Charges, Fees, AMC, Transaction Charges
  • Upstox FAQs
  • Upstox Demat Account Review
  • Upstox Mobile App
  • Upstox Account Opening Process Review
  • Upstox Branch Offices / Sub Brokers / Franchise
  • Apply in IPO through Upstox
  • Upstox Trading Software Review
  • Upstox NRI Account Review
  • Upstox Mutual Fund Review
  • Is Upstox safe?
  • Upstox Complaints Analysis
  • Upstox Options Trading Review

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SAMCO

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TradeSmart

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Fyers

Prostocks

RMoney

Bajaj Financial

BlinkX

Paytm Money

Dhan

Yes Securities

Information on this page was last updated on Wednesday, October 18, 2023

Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

1 Comments

1.Balaji || Link|June 24, 2021 10:57:53 PMReply

UPSTOK IS GOOD BUT NOT SUITABLE FOR SMALL TRADERS. YOU HAVE TO PAY 300 AMC AND OTHER charges other wise super. tool very super

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Upstox Brokerage Charges, Fees, Plan and Taxes 2024 (2024)

FAQs

What is the account opening charges for Upstox 2024? ›

Upstox Account Open Charges | Upstox AMC 2024
TransactionFee
Trading Account Opening Charges (One Time)Rs 0 (Free)
Trading Annual Maintenance Charges AMC (Yearly Fee)Rs 0 (Free)
Demat Account Opening Charges (One Time)Rs 0 (Free)
Demat Account Annual Maintenance Charges AMC (Yearly Fee)Rs 150

How much tax does Upstox take? ›

When you place an order on Upstox, here's what you'll be charged:
Upstox ChargesFees charged by Upstox
Equity Delivery
STT/CTT (From 1st April 2023)0.1% on buy & sell
GST18% (on brokerage + transaction + demat charges)
Stamp Duty0.015% or ₹1500 / crore on buy side
14 more rows

How much is the brokerage fee in Upstox? ›

The brokerage fees for Equity Intraday (buying/selling Stocks on the same day), Equity Futures, Currency Futures & Commodities Futures is ₹ 20 or 0.05% - whichever is lower per order. The brokerage fees for Equity Options, Currency Options, and Commodities Options is ₹20 per order executed.

Is there any annual charges in Upstox? ›

Upstox does not deduct any Demat AMC or annual maintenance fee on the Upstox Demat account. Earlier, the brokerage firm was charging Rs. 300 per annum (Rs. 25 per month + GST) as Demat AMC.

Which is better Zerodha or Upstox? ›

While Zerodha offers free equity delivery, Upstox charges a lower 2.5% or Rs 20, making Zerodha a better long-term investment option. For intraday trades, Upstox and Zerodha charge a maximum brokerage of Rs 20. However, there is a catch for small traders. Zerodha charges a lower 0.03% or Rs 20 than Upstox.

Is Upstox free for lifetime? ›

For the second year, the customer will be charged INR 300.” however elsewhere I see that that Upstox demat is actually a lifetime free demat account for those who opened accounts after Aug 2021.

How do I avoid brokerage fees in Upstox? ›

There are a few ways you can minimize brokerage charges when using Upstox:
  1. Choose the right plan: Upstox offers several plans with different brokerage charges. ...
  2. Use the Upstox referral program: If you refer a friend to Upstox, you can earn referral credits that can be used to offset your brokerage charges.
Jan 5, 2023

Is Upstox owned by Tata? ›

Discount broking company Upstox, backed by Ratan Tata, has achieved breakeven in FY2022-23. The company is aiming for a 10-times jump in its customer base to 10 crore in the next 5-6 years, said its co-founder and CEO Rajiv Kumar. Apart from Ratan Tata, the company is also backed by investor giant Tiger Global.

Which broker has lowest brokerage charges? ›

Lowest Brokerage Charges for Online Trading in India
Low Brokerage Trading AccountTrading Account Opening ChargesLowest Brokerage in NSE Option Trading
Wisdom CapitalFree₹9/Executed Order or 999/Month
Zerodha₹ 200₹ 20/per executed order
Upstox₹ 200₹ 20/per executed order
SAMCOZero₹ 20/per executed order

How is Upstox brokerage calculated? ›

Upstox Brokerage Charges
SegmentsDefault
Monthly Fee (Fixed)NA
Equity DeliveryRs 20 per executed order or 2.5% whichever is low
Equity IntradayRs 20 per executed order or 0.05% whichever is lower
Equity FuturesRs 20 per executed order or 0.05% whichever is lower
5 more rows

Which is better Upstox or Angel One? ›

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Angel One Max Rs 20 per trade while the brokerage of Upstox Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4.5 out of 5.

What is the brokerage charges for Upstox NRI? ›

What is the Brokerage for Upstox NRI? The Upstox NRI brokerage for non-PIS and PIS is Rs. 200 for every trade. For Equity's future and option, the user must pay 200 INR for every trade.

Which Demat account is totally free? ›

List of stock brokers offering Zero Demat AMC Accounts for Lifetime
BrokerDeliveryDemat Account Opening
ProStocksFreeFree
Paytm Money2.5% or Rs 20 whichever is lowerFree
Groww0.05% or Rs 20 whichever is lowerFree
FyersFreeFree
1 more row

How much does Upstox charge for margin? ›

The usual brokerage charges of up to ₹20/order for equity delivery will be applicable. Upstox charges ₹20/day for every slab of ₹40,000 taken as MTF. Example: You've taken ₹70,000 as MTF. Then you would pay ₹20/day (for the first ₹40,000) + ₹20/day (for the rest ₹30,000) which is a total charge of ₹40/day.

What is the minimum amount to keep in Upstox account? ›

Upstox does not require a minimum balance in your trading account. You can start trading with any amount that suits your investment goals and preferences.

How much does Upstox charge for opening an account? ›

Upstox account opening charges are Rs 0 (Free) for a trading account and Rs 0 (Free) for Demat account. Upstox charge Rs 150 AMC for Demat account. Upstox is an online brand of RKSV Securities Private Limited. Incorporated in 2009, RKSV Securities is a Mumbai based online stock brokerage company.

How much money is required to open a Demat account in Upstox? ›

Upstox Demat Account Charges & Fees
ChargeAmount
Upstox Trading Account Charges₹20 per order or 0.05% (whichever is lower)
Upstox Account Opening Charges – DematNone
Upstox AMC Charges for Demat (Yearly)₹25 (excluding GST)
DP Charges in Upstox₹25 (₹5 by CDSL and ₹20 by Upstox) plus 18% GST
1 more row
Oct 9, 2023

Is Upstox free to open? ›

Upstox is one of the biggest and most trusted stock brokers in India. Backed by Mr Ratan Tata, the leading stock broker, allows stock investors and traders to open a free Demat account with no annual charges.

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