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Backed by Tiger Global & Ratan Tata, Upstox is a discount broker that provides free third-party premium subscriptions at the time of account opening
Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

  • Equity
  • Commodity
  • Currency
  • Futures
  • Options
Brokerage Plans (Single Plan)

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.

Charges

Account Opening Charges

Free

Account Maintenance Charges

₹ 249

Call & Trade Charges

₹ 20
Brokerage

Equity Delivery Brokerage

2.5%

Equity Intraday Brokerage

0.05%

Equity Futures Brokerage

0.05%

Equity Options Brokerage

₹ 20

Currency Futures Brokerage

0.05%

Currency Options Brokerage

₹ 20

Commodity Futures Brokerage

0.05%

Commodity Options Brokerage

₹ 20
Margins

Equity Delivery Margin

4x

Equity Intraday Margin

5x

Equity Futures Margin

1x

Equity Options Margin

1x

Currency Futures Margin

1x

Currency Options Margin

1x

Commodity Futures Margin

1x

Commodity Options Margin

1x
Trading Platforms Learn More

Set 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.

Pros

Advantages and Strengths of this broker.

  1. They have morning newsletters on market talks for free to know the market recap.
  2. Free equity delivery brokerage on each plan.
  3. There are many technical indicators for traders.
  4. Upstox is funded by Ratan Tata which adds a trust/ reliability in RKSV group.
Cons

Disadvantages of this broker that it needs to improve upon.

  1. Margin exposure is limited in the priority plan.
  2. Customers have to be careful while selecting a mutual fund as both direct and regular plans are offered.
  3. In the basic plan, every customer has to pay the Demat Transaction Charges which are comparatively higher.
  4. Extra ₹20 per executed order is charged for Intraday square off orders when they are not squared off by the customer.
Additional Features

Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.

  • 3 in 1 Account
  • Free Trading Calls
  • Free Research Reports
  • SMS Alerts
  • Margin Funding
  • Margin Against Share
Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.

  • Mutual Funds
  • IPO Platform
  • Bonds & Debt
  • Exchange Traded Funds
  • Insurance
Sharma Stocks Ratings & Reviews for Upstox

Ratings are provided based on customer service, usability, charges and overall average. Reviews are based on positive and negative aspects of the broker that help you understand this broker better.

Charges

4.9/5.0

Usability

4.9/5.0

Customer Service

4.9/5.0

Charges Review

  • Offers minimal brokerage based on type of plan.
  • Equity delivery is free with both Priority Plan and Basic Plan.
  • Their call & trade charges are lower than other brokers.
  • Demat Transaction Charges are higher for the Basic Plan.
  • Advanced trading platform is provided for free which makes it more popular among traders.

Customer Service Review

  • Upstox provides email & call support but not satisfactorily.
  • As per customer reviews, support is provided if you raise a ticket but the response is delayed.
  • No Relationship Manager is provided upon opening of the account

Ease of Use Review

  • The trading platforms are quite advanced and user friendly.
  • They offer numerous third-party platforms (Dartstock, NEST Trader and Fox Trader) for trading.
  • Upstox’s mutual fund investment platform offers both Direct and Regular plans, but the investor needs to be cautious while placing an order.

Account Opening Procedure Review

  • For individual accounts, the online account opening process is quite simple and convenient.
  • The offline procedure is cumbersome and time consuming (even for individual accounts) due to a lesser number of physical branches.
  • Paid subscriptions of research tools (like Moneycontrol Pro, StockEdge Premium etc.) and educational courses are provided complimentary with Upstox’s account.

Why Choose Upstox? Know Everything about Upstox here.

Verdict

Upstox offers minimal brokerage and affordable plans. Backed by Mr. Ratan Tata, Upstox enjoys the second highest number of active clients. It provides advanced software for trading with terminal experience. Priority Plan comes with more leverage as compared to Basic Plan. Thus, Upstox can serve you better if you are a trader.

If you are a trader, the broker provides you with

  • A trading platform to analyse the market with the help of charting tools, backtesting & live scanning for strategic decision making.

  • Nest trading software platform provides a terminal experience to traders.

  • Dartstock software platform provides live & trend scanner, opportunity finder, recover & fall tracker & many more tools.

If you are an investor, the broker provides you with

  • 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 and are easy to understand.

  • For an investor, the basic plan is sufficient to transact in every segment.

Trading Tools

Pro Web Trading Platform

Upstox Pro Web offers a variety of trading features like charting with technical indicators, shortcuts (hotkeys) for faster trading, etc. The traders may need some guidance in understanding the features of the platform which is available as an online demo on the website.

Upstox Pro Mobile (Mobile Trading App)

Pro Mobile is a mobile trading application offered by Upstox for Android & iOS users. It facilitates trading in multiple segments including NSE cash, Futures and Options, and Currencies, along with Technical indicators on real-time charts and price alerts. Upstox's new mobile app comes with a new UI and new features like Smartlists, Smart Filters and daily market updates that enable informed trades.

Charges Details

For Equity

CHARGES

DELIVERY

INTRADAY

FUTURES

OPTIONS

Transaction Charges

0.00325% - NSE

0.00325% - NSE

0.0019% - NSE

0.05% - 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

₹ 100 per Lacs 

Sell side, ₹ 25 per Lacs 

Sell side, ₹ 10 per Lacs 

Sell side, ₹ 50 per Lacs 

SEBI Charges

₹ 15 per crore

₹ 15 per crore

₹ 15 per crore

₹ 15 per crore

For Commodity

CHARGES

FUTURES

OPTIONS

Transaction Charges

0.0026% for Non Agri

-

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

₹ 15 per crore

₹ 15 per crore

Currency Charges

CHARGES

FUTURES

OPTIONS

Transaction Charges

0.0009% - NSE
0.00022% - BSE

0.04% - NSE
0.001% - BSE

Clearing Charges

0.0004% - NSE
0.0004% - BSE

0.025% - NSE
0.025% - BSE

GST

18% on Brokerage + Transaction

18% on Brokerage + Transaction

STT

-

-

SEBI Charges

₹ 15 | per crore

₹ 15 | per crore

Upstox Complaints & Stats

Company name:

RKSV Securities Private Limited

Contact:

022-6130-9999

Email:

sales@upstox.com