Upstox Account Opening Charges

  »»  Trading Account Opening Charges: Rs 150
  »»  Trading Account AMC: Free
  »»  Demat Account Opening Charges: Rs 150
  »»  Demat Account AMC: Rs 150 PA (Waived for 1st year)

Upstox Brokerage

There are two Upstox brokerage plans; Upstox Basic Plan and another is Upstox Priority Plan. Although both these plans come with flat Upstox brokerage charges, however, charges and margins across both basic and priority plan vary from each other. Here are the brokerage charges details under both the plans;

Upstox Basic Plan

Upstox Basic plan charges a flat fee of Rs. 20 per order or 0.05% whichever is lower and offers up to 20X leverage or margin for trading in the cash segment. Upstox brokerage charges for various segments are as follows:

• Equity Delivery: Free means Zero brokerage delivery trading.
• Equity Intraday: Rs. 20 per order or 0.05% whichever is lower.
• Equity Futures: Rs. 20 per order or 0.05% whichever is lower.
• Equity Options: Rs. 20 per executed order.
• Commodity Futures: Rs. 20 per order or 0.05% whichever is lower.
• Commodity Options: Rs. 20 per executed order.
• Currency Futures: Rs. 20 per order or 0.05% whichever is lower.
• Currency Options: 20 per executed order.

Upstox Priority Plan

Upstox priority plan is particularly for those traders & investors who want higher-margin exposure. If you are among such traders community who is looking for additional leverage then you must subscribe to the Upstox priority plan. As the plan offers you extra leverage that is up to 25x in the cash segment, therefore, charges a higher flat brokerage fee of Rs. 30 per order or 0.10% whichever is lower.

• Equity Delivery: Free means Zero brokerage delivery trading
• Equity Intraday: Rs. 30 per order or 0.10% whichever is lower
• Equity Futures: Rs. 30 per order or 0.10% whichever is lower
• Equity Options: Rs. 30 per order or 0.10% whichever is lower
• Commodity Futures: Rs. 30 per order or 0.10% whichever is lower
• Commodity Options: Rs. 30 per order or 0.10% whichever is lower
• Currency Futures: Rs. 30 per order or 0.10% whichever is lower
• Currency Options: 30 per order or 0.10% whichever is lower

Benefits

• Lifetime zero brokerage delivery trading across both the plans.
• High margin exposure available with the Upstox priority plan.
• The flat brokerage model keeps brokerage charges constant regardless of brokerage size.

Other charges

• Upstox Intraday margin square off charges of Rs. 20 per order + GST.
• Instant fund transfer is charged at Rs. 7 per transaction.
• Demat debit charges of Rs. 13 + Rs 5.50 CDSL charges are applicable.
• Flat charges of Rs. 50 for Offer for Sale (OFS) and takeover or buyback orders.

Considerations

• Upstox call and trade charges of Rs. 20 per order plus applicable GST.
• No monthly brokerage plans are available with Upstox.
• Upstox Priority plan comes with high margin exposure but charges higher brokerage.

1. Upstox Margin for NSE Cash/BSE Cash -Upstox offers up to 20X for the stock listed in F&O, up to 2X for stocks with 20% circuit breaker for all MIS(Intraday) orders. For CO and BO orders, a combined basket of F&O underlying and NIFTY CNX 200 scrips are offered a leverage of up to 20x.
2. Upstox Margin for Equity Futures - Upstox offer up to 6X leverage for CO and BO Orders, whereas 4x leverage in case of MIS orders.
3. Upstox Exposure for Options Buying Trading -Upstox offers 1.3X leverage for CO and BO Orders and No leverage in MIS for Options buying.
4. Upstox Exposure for Equity Options Selling - Upstox offer up to 4X leverage for all selling options.
5. Upstox Margin for Currency Futures - Upstox offer up to 4X leverage for MIS/CO and BO orders.
6. Upstox Margin for Commodity - Upstox Offer up to 3X margin in Non Agri commodities with CO orders and 2.5x for MIS orders.

Upstox, India’s leading discount broker offers various account opening services to clients. Let’s check out the types of Upstox accounts that it offers to trade across different financial products.

• Upstox Demat Account: The Demat account by Upstox facilitates keeping securities like shares, mutual fund holdings, commodity, currency, etc. in digital format rather than keeping it in physical form.
• Upstox Trading Account: Placing online buy and sell orders across equity, equity futures & options, commodity, currency, etc. is possible only through Upstox Trading Account. Upstox Trading and demat account are interlinked to make trading easier.
• Upstox 3-in-1 account: Earlier, the broker was only offering Upstox 2-in-1 account – Demat and trading account but in March 2020, through partnering with IndusInd Bank, Upstox has started offering Upstox 3-in-1 account, also called IndusStox 3-in-1 account to customers, that is an integrated platform of IndusInd bank account, Upstox Demat Account, and Upstox Trading Account. Opening a 3-in-1 account with Upstox provides ultimate trading experience through easy fund transfer and withdrawal.
• Upstox Commodity Trading Account: Upstox Commodity Account facilitates trading on MCX in various commodities such as gold, silver, zinc, Agri commodities, and others. If anyone wants to trade in commodities, then it is necessary to open a commodity trading account with Upstox.
• Upstox Mutual Fund Account: People who want to invest in mutual funds must open Upstox Mutual Fund Account, however, this is to note that this is not an individual or separate account as opening a trading account with Upstox itself opens door to Upstox mutual fund investment, thus, there is no requirement to open it separately.

How to Open Upstox Account?

There are a number of ways to open an account with Upstox online, here are the details;

• Fill out the details in the online form here. Click here to fill the Upstox contact form. and the Upstox team will contact you.
• Go to the Upstox website:https://upstox.com, fill out the form, upload documents, and e-sign to open Upstox account online.
• Offline account opening through visiting the Upstox branch and submitting physical forms.

Upstox Contact Details

• Upstox customer care number: +91-22-6130-9999
• Upstox helpline: +91-22-6130-9999
• Upstox help desk:+91-22-6130-9999
• Upstox email: [email protected]
• Upstox Registered Office: Upstox, 807 New Delhi House, New Delhi 110001
• Upstox Corporate Office:30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar (W), Mumbai, 400 013

Upstox is one of the largest brokers in terms of the number of active clients base on NSE. With a large clientele base and the innovative online trading platforms like Pro Web, Pro Mobile app, and partner trading tools such as Fox Trader, Dartstock, etc. it is among the most reliable broker in the industry. Not only that but also it's zero brokerage equity delivery trading, flat Rs. 20 brokerage charges and a high margin with a priority plan are the reasons to open an account with Upstox. The only key setback is that the discount broker doesn’t offer NRI trading services, henceforth, if you’re an Indian trader and want to access the best trading tools for trading at the flat brokerage fee, then Upstox is definitely a great option for you.