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Upstox Broker Review and Discussion

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27. Madhur jain  5/4/2019 9:43:16 PM Reply
A very good broker and new and innovative platform

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
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26. Sri  3/24/2019 4:11:55 PM Reply
I am NRI, can I open demat account and trade in NSE
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25. Shalin Gopinathan  3/4/2019 3:01:06 PM Reply
What i Like most about Upstox is its technical features and the website is very good for trading.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
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24. RajeevMG Pillai  2/16/2019 5:19:34 PM Reply
Mobile application always down is, order not executed Time to time

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Above Average
Overall Experience - Average
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23. Grace Lily  1/17/2019 2:52:08 PM Reply
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.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
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22. sekhar kanti das  12/21/2018 10:18:49 PM Reply
have you any back office in kolkata
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22.1. arvind kumar jha  12/24/2018 9:40:06 AM
No branch office in Kolkata, Please use online trading platform and online account process.
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21. bharathi ml  12/16/2018 12:33:08 PM Reply
i like low brokerage

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
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20. Angrej singh  10/18/2018 2:32:17 PM Reply
Btst allow or not
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20.1. CA Sachin jain  10/19/2018 12:46:20 PM
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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19. Mukesh Upadhyay  9/5/2018 10:49:35 AM Reply
Hi i am NRI looking for demat account .
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19.1. SIBY SUNNY THOMAS  10/3/2018 2:03:19 PM
go for something better like zerodha if you are looking for low cost brokerage.
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18. SIBY SUNNY THOMAS  10/3/2018 2:01:03 PM Reply
Worst customer service & order execution. Even the web application of Upstox is often slow at times.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Below Average

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