NO customer support, very rude answers given by executives over the phone. NO refund for any transaction once done. NOT AT ALL paperless or seamless account opening. Even after e-signing( ADHAAR CARD) the documents asks for KRA to open DMAT and TRADING account, so DO NOT BELIEVE that only PAN card and ADHAAR card is sufficient for opening account with them. So much hassle to open account. You have to follow up continuously with them. Not recommended at all. And FYI account opening DMAT and TRADING) to be paid before even you start application form fill up process. So it seems they only want your money. Remember you will not get your money back at any cost even if they fail to open account for you. So you loose your money and time and no account in your hand.
Brokerage - Below Average Account Maintenance Fees - Very Poor Website Usability - Below Average Customer Service - Very Poor Overall Experience - Very Poor
Yes, BTST Orders are allowed with Upstox, you can do BTST (Buy Today and Sell Tomorrow) trades with Upstox. There is potential risk attached with that in case there is settlement issue with your first delivery, you need to pay exchange penalty. BTST trades are considered Delivery order, you need 100% margin for BTST like CNC order, as delivery trading is free with Upstox, so your BTST orders are part of free trade. STBT (Sell Today and Buy Tomorrow) or short selling is not allowed in India Trading market, so Upstox as a broker doesn’t allow STBT. Short selling is allowed only for Intraday Trades.
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