UpStox Review - A Discount Share Broker India 2017


Upstox Logo

Contact Upstox

Name Phone
Email City
State
Open an account today. Get Started
Overall

From innovative tools to free trade opportunity to education and prioritizing customer service , Upstox provides clients everything they need and more to succeed.

Brokerage Charges
Investments Offering
Trading Platform
Customer Service

LikesLikes

Robust trading platforms especially mobile trading app for android and iOS users. Upstox app offers brokerage free trading in Equity delivery segment, so if you are not a day trader then this is the best free service you can use.

DislikesDislikes

PCM charges included in transaction charges, doesn't provide tips and recommendation, operating through only one branch in India. Can't invest in IPOs.

Exclusive OfferExclusive Offer

Upstox - Get Exclusive Offer
Sign up now
.


Upstox Review - 2017

RKSV is now known as Upstox with its launch of new trading platforms. Since it is a banner of RKSV, the services and brokerage plans are all same as RKSV. Incorporated in 2011 by Ravi Kumar, Raghu Kumar, and Shrinivas Viswanath - Upstox (RKSV) is one of the leading discount broker in India.

The Broker prided itself on being India's one of the largest low cost brokerage firm. They allow customers to trade across Equities, Futures, Options, Currencies and Commodities on NSE, BSE and MCX. Upstox is registered member with CDSL and NSDL for DP services. Company is registered member of NSE, BSE and MCX with the name of RKSV Securities.

Upstox has one central operational branch in Sunshine towers, Mumbai. Operating through only one branch, they manage to keep costs low and effective. They does not provide tips or expertise recommendations on buying and selling of stocks but are focused on promoting education for clients through their "Trade Academy". They provide excellent customer service through email and over phone.

Upstox is built on Omnesys NEST Order Management System to make order placing easy on mobile phones and web browser. It also offer analysis, charting and many more features same as Zerodha PI and Zerodha Kite.

Upstox offers free trading account and free trading in Equity delivery segment.Trading in Equity F&O, Equity Indra-day, Commodities and Currency Derivatives is available through Upstox Pro. UpStox Pro is available for mobile and web version. Upstox now offering NRI trading and Investment options in Mutual Funds.

Request call back from Upstox
Upstox with closest competitors
Broker Upstox Zerodha ICICIDirect Sharekhan ProStocks
Service Type Discount Broker Discount Broker Full Service Broker Full Service Broker Discount Broker
Brokerage Rs 20 Rs 20 0.05 to .55% 0.1 to 0.5% Rs 15
Account Type 2 in 1 2 in 1 3 in 1 2 in 1 2 in 1
Monthly Plans No No No No Yes
Rating
Please refer unique and accurate Upstox Brokerage Calculator

Upstox Brokerage Charges - 2017

Upstox's brokerage plan is simple and attractive, competing neck to neck with Zerodha. Trade in Equity Delivery is completely free and for all other segments you have to pay Rs 20 per order executed.

Marign by Upstox - Also customers get intraday leverage of 15x on Equities for FNO listings, 2x for scripts with 20% circuit limit, 3x on NSE F&O, 3x on BSE/NSE Currency F&O and 2.5x on MCX Commodity Futures.

Special Margins for Cover Order or Bracket Order - 20x on NSE/BSE Cash, upto 6x in NSE Futures, upto 4x in Currency futures, upto 3x in MCX.

Upstox call their referral program "become a partner" by which they credit 10% in your account for every trade your friend place through Upstox. To attract more customers, Upstox is providing a custom referral dashboard, to track the progress and earning with the Upstox referral program.

Trading Brokerages
  • Equity Delivery Based Trades: Rs 0 (Free)
  • Equity Intraday Trades: 20 Rs per executed order
  • Equity Future: 20 Rs per executed order
  • Equity Options: 20 Rs per executed order (on Turnover)
  • Currency Futures and Options: 20 Rs per executed order
  • Commodity Futures: 20 Rs per executed order
Account Charges
  • Trading Account Opening Charges (One Time):NIL
  • Demat account Opening Charges (One Time): NIL
  • Trading Annual maintenance charges (AMC): NIL
  • Demat Account Annual Maintenance Charges (AMC):NIL
Other Charges
  • Call and Trade feature is available at an extra cost of 20 Rs per call.
  • Digital Contract notes are sent via Email. Physical copies of contract notes can be ordered at additional charge of 25 Rs per contract + Courier charges.
  • Instant payment gateway charges for over 20 banks - Rs 7 per fund transfer.Max transfer limit to 2 Lakhs Rs per day
  • Money withdrawals charges applies as per RBI guidelines.
  • Standard NSE charges, transaction charges and statutory levies are charged.

For STT,Stamp Duty,Service Tax and SEBI Charges please refer the Commission and Fees tab.

Upstox Margin/Exposures and Intra-day Leverage

  1. Upstox Margin for NSE Cash/BSE Cash - upto 20X for stock listed in F&O, upto 2X for stocks with 20% circuit breaker for all MIS/CO and BO orders.
  2. Upstox Margin for Equity Futures - Upstox offer upto 6X leverage for MIS/CO and BO Orders.
  3. Upstox Exposure for Options Buying Trading - Upstox dont offer any leverage for Options buying.
  4. Upstox Exposure for Equity Options Selling - Upstox offer upto 4X leverage for all selling options.
  5. Upstox Margin for Currency Futures - Upstox offer upto 6X leverage for MIS/CO and BO orders.
  6. Upstox Margin for Commodity - Upstox Offer upto 3X margin for all commdities with MIS/CO orders
For complete brokerage charges and trading plans detail please visit Upstox Brokerage Charges.
Upstox Brokerage Charges - Dream Plan
Brokerage Plan Dream Plan
Flat Fee NA
Equity Delivery Free
Equity Intraday Rs 20
Equity Futures Rs 20
Equity Options Rs 20
Currency Futures Rs 20
Currency Options Rs 20
Commodity Rs 20

Account Opening with Upstox

For online trading with Upstox, investor has to open 2-in-1 account(Trading and Demat). Following are the ways to open an account with Upstox:

  • Fill an online application form. Click here to fill the Upstox contact form.
  • Website: http://upstox.com/
  • Contact Phone Number/helpline: +91-22-6130-9999
  • Contact email: [email protected]
  • Registered Office: Upstox, 807 New Delhi House, New Delhi 110001
  • Corporate Office:30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar (W), Mumbai, 400 013

Contact Upstox

NamePhone
EmailCity
State
Are you a day trader?

Upstox Web, Mobile app and Desktop base trading platform - 2017

Upstox provides terminal based, web based and mobile app based trading platforms to its users.

Upstox Desktop - One of the most reputed trading platform "Omnesys NEST" is official trading terminal for Upstox. This trading terminal is one stop shop for our your trading need, from advance charting to quick order placement, portfolio, fund transfer, margin report and Market Watch. Customizable interface, Multi Monitor support, customizable hotkeys and shortcuts.

Upstox Pro (Web and Mobile app) - As more people are moving towards online trading, broker has updated his web based and mobile app with latest market standards.

    Key feature of Upstox Pro:
  • Fast market feeds
  • Can trade on all exchanges & All segments from single sign on
  • Real Time Quotes
  • Instant Notifications
  • Transfer money instantly in and out with 40 banks
  • Real Time Margin - Alert for margin changes
  • One click Trades
  • Keyboard shortcuts - Like desktop, you can use shortcuts for trade in browser
  • Account balance, Historical reports , Daily order status reports any many more

Read more detail about Upstox Mobile app - Android and iOS

For detail review of mobile app and download please visit Upstox Mobile App.

Upstox Membership Information

  1. RKSV NSE Membership:
    • Capital Market (CM) - INB231394231
    • Future & Options (F&O) - INF231394231
    • Currency Derivatives (CDS) - INE231394231
  2. RKSV BSE Membership:
    • Capital Market (CM) - INB011394237
    • Future & Options (F&O) - INF011394237
  3. RKSV MCX Membership:
    • Member Code - 46510
    • FMC Regn. No. - MCX: MCX/TM/CORP/2034
  4. CDSL: IN-DP-CDSL-00283831
  5. NSDL: IN-DP-NSDL-11497282

Product and Services

3 in 1 Account help
No
Offer Multiple Plans help
No
Monthly Plan help
No
Yearly Plan help
No
Portfolio help
Yes
Charting help
Yes
Automated Trading help
Yes
Allow AMO Order help
Yes
Allow GTC Order help
Yes
SMS Alerts help
Yes
Margin Trade Funding help
No
Combined Ledger for Equity and Commodityhelp
Yes
NRI Trading help
Yes

Offering of Investments

Equity Cash and F&O help
Yes
Currency F&O help
Yes
Commodity Trading help
Yes
Mutual Funds help
Yes
ETF help
Yes
IPO Investment help
No
Bonds Investment help
No
Debt Investment help
No
Banking Service help
No
Insurance Service help
No
SIP Investment help
No

Trading Platforms & Tools

Desktop Platform (Windows) help
Yes
Desktop Platform (Mac) help
No
Web Platform help
Yes
Stock Alerts Delivery - Email help
No
Stock Alerts Delivery - Text SMS help
No
Virtual Trading help
No
Watch Lists - Streaming Real-time Quotes help
Yes
Mobile Trading help
Yes
Android Tablet App help
Yes
Android App help
Yes
iPhone App help
Yes
iPad App help
Yes
Mobile Trading Site help
Yes

Customer Service

Phone Support help
Yes
Toll Free Number help
No
Email Support help
Yes
Branch Offices help
No
Live Chat (Current Clients) help
No
24/7 Support help
No

Reserch and Market Reports

Daily Market Report help
No
Free Tips help
No
Quarterly Results help
No
New Alerts help
No
Mutual Funds Reserch help
No
Reserch Equity Reports help
No
ETF Reserch help
No

Final thought about Upstox

Upstox is an online discount broker that leads by example. The broker separates itself from the competition with its innovative trading ideas as well as continuously focuses on providing hi-tech tools and platform. Upstox's new brokerage plan of free trading in equity for casual traders, puts them in the new emerging category- "Free Broker". New Trading platform Upstox Pro is adding more value addition for fast and speedy trading.

If you like what you have read and want to choose Upstox or any other broker, leave your contact information with us and we will guide you.


Upstox User Reviews

avatar
2. Infy Trader  Aug 18, 2016 8:07:20 AM IST Reply
Hi Guys, on Upstox platform, session is expiring very fast, do they want us to login again and again, are they getting any benefit from this. This is very annoying.
avatar
1. J Sani  Aug 18, 2016 8:01:45 AM IST Reply
Can I trade in MCX on Upstox?

Enquire Upstox Trading Account:

Name:Phone:
Email:City:
State:
Are you a day trader?

ProStocks, The Flat Rate Discount Stock Broker

Fix Price - Rs 15 Per Trade


Rs 899/Month,8999/Year for
Equity Cash and F&O

Rs 499/Month,4999/Year for
Currency Derivatives

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty

Get FREE Trading + Demat Acct

Zerodha  Zerodha

Free Delivery trading

Flat Rs 20 Per Trade for F&O

zerodha

Sharekhan

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading and a Demat Account
(Rs 1150 waived)

sharekhan

angel-broking  Angel Broking

Free Equity Delivery Trades
Flat 20% discount on online transaction

angel-broking



Sub brokers by name

Hyderabad Rajkot Chennai Jaipur

Sub brokers by name

Indore Lucknow Nagpur Ludhiana

Sub brokers by name

Allahabad Kanpur Patna Ernakulam



Search topsharebrokers.com:

Translate topsharebrokers.com: