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In this article, we are going to cover all the details related to Upstox charges.

We will dig deep into their account processing charges, brokerage charges, account opening charges, transaction charges, and other charges that are levied by the government like stamp duty, GST, and STT.

So, let’s have a detailed review regarding Upstox brokerage charges.

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Upstox Brokerage Charges

Find below details of Upstox brokerage charges:

Brokerage Charges
Equity Delivery Rs 0 (Free)
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 20 per executed order or 0.05% whichever is lower
Equity Options Rs 20 per executed order
Currency Futures Rs 20 per executed order or 0.05% whichever is lower
Currency Options Rs 20 per executed order
Commodity Rs 20 per executed order or 0.05% whichever is lower

At Upstox, you will get some unbelievably low brokerage rates as it is one of the top discount brokerage houses in the country. It charges nothing or provides a free equity delivery facility.

This means, that if you are not squaring off your position in the market by the end of the day, it won’t charge you any brokerage charges, isn’t that great?

Apart from the equity delivery segment, for all the other segments, be it cash or F&O or commodities and even for currencies, there is a flat fee of Rs. 20 per order executed or 0.05% of the order value, the lower of the two.

Only the equity option, is fixed at Rs. 20 per executed order. So, you can understand how cheap it is to trade with Upstox.

Want to know more about Upstox and its operations, check out the Upstox Review section.

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    Upstox Account Opening Charges

    Get details of Upstox account opening charges:

    Account Opening Charges
    Trading Charges [One Time] Rs 0
    Trading AMC [Yearly] Rs 0
    Demat Charges [One Time] Rs 0
    Demat AMC [Yearly] Rs 0
    Margin Money Not required

    With Upstox, you can open an account free of cost. Yes, Upstox provides free trading and a Demat account facility which you can opt for. Even there are no maintenance charges.

    So, the only charge you need to pay for trading with Upstox is the brokerage charges.

    Also, check out Upstox Brokerage Calculator to calculate and compare brokerage charges in detail.

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    Upstox Transaction Charges

    Get details of Upstox transaction charges:

    Transaction Charges
    Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
    Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
    Equity Futures NSE Rs 200 per Cr (0.002%)
    Equity Options NSE Rs 5300 per Cr (0.053%) (on premium)
    Currency Futures NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%)
    Currency Options NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium)
    Commodity Group A – Rs 290 per Cr (0.0029%)

    The transaction charges across every segment are provided to you in the table. We have also briefed on the transaction charges levied per exchange, and related terms of BSE and NSE.

    Make sure you do the computation as these charges are levied based on turnover, and for each trade order.

    Upstox Other Charges

    Find below information about Upstox’s other charges:

    Segment Other Charges
    Reactivation Charges Rs 20 per instruction
    Account Closure Charges Rs 30 per instruction
    Dematerialisation Charges Rs 2 per certificate + courier charges of Rs 35 per demat request for every 500 grams.
    Pledge Creation 0.02% of transaction charges are subject to a minimum of Rs 50 + NSDL/CDSL charges at actual
    Pledge Invocation 0.05% of transaction charges subject to a minimum of Rs 50
    Margin Pledge/Unpledge/ Pledge closure Rs. 18.5 per scrip
    Margin Repledge Rs. 15.5 + Rs. 15.5 (Rs. 31 per scrip)
    Demat transaction charges Equity Delivery: Rs. 18.5 per scrip per day only on sell.
    Equity Intraday: No charges
    *Equity Futures: No charges
    Equity Options: No charges

    Upstox charges a few additional charges for the different facilities it provides. These charges are subject to the customer’s usage of the services.

    For instance, if your account gets deactivated, and you want to reactive the same, you need to pay Rs. 20 only for each instruction related to reactivation you provide.

    For dematerialization of the physical share certificates, you only need to pay Rs. 2 per certificate which is way lesser than other traditional brokerage houses and even other discount brokerage houses for trading.

    However, there is a courier charge of Rs. 35 for 500 grams of packages. You can find the other charges in the table given above and also compare them with other brokerage houses’ charges and you can find out how cheaper Upstox rates are.

    Upstox Regulatory & Government Charges

    Segments Charges
    SEBI Turnover Charges 0.0001% (₹10/Crore)
    STT Equity Delivery: 0.1% on both Buy and Sell
    Equity Intraday: 0.025% on the Sell Side
    *Equity Futures: 0.01% on Sell Side
    Equity Options: 0.05% on Sell Side(on Premium)
    Commodity Futures: 0.01% on sell-side (Non-Agri)
    Commodity Options: 0.05% on sell-side
    Currency F&O: No STT
    On Exercise transaction: 0.125%
    Right to entitlement: 0.05% on sell-side
    Stamp Duty (On buy-side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)
    GST 18% on (Brokerage + Transaction Charge + SEBI Fee)

    If you are trading with Upstox or be it any company, regulatory and governmental charges are inevitable. There is a SEBI turnover charge which is Rs. 10 for each crore of transactional value.

    Then there is STT which is 0.1% for the equity delivery segment on both sides, then 0.025% for equity intraday on the sell-side only, and for options, it is 0.05% on the premium for the sell-side.

    For commodity futures, the STT is 0.01% on the sell-side and non-Agri goods while for commodity options, there is no STT. So, as you can find, there are four different statutory charges which you need to pay for all transactions.

    Upstox Brokerage Charges – Conclusion

    Upstox being one of the most popular discount brokerage houses in the country offers multiple services and products at very reasonable brokerage charges.

    You can check the charges and compare them and then you can easily make an informed decision about which brokerage house to go for.

    Upstox Brokerage Charges FAQ

    Here is the list of FAQs related to the Upstox brokerage charges:

    Does Upstox Charge Brokerage?

    Yes, this stockbroker also follows up on the general guideline of stock brokership, where they have the right to charge brokerage from their customer. Furthermore, the best part of this firm is that they are one of the cheapest stock brokers presently option in the market.

    What are Upstox Brokerage Charges?

    To help you execute a trade or any other finance-related services, Upstox levies a charge. This charge is referred to as brokerage, and you, as a client are obligated to pay it. The equity delivery segment is free of charge, however, all the other segments have the same brokerage charge, i.e. Rs. 20 per trade or 0.05% (whichever is lower).

    What is the Intraday Brokerage of Upstox?

    Intraday, though risky, is a consequent profitable investment asset class. Upstox follows similar charge patterns for all of its asset classes, i.e. Rs. 20 per trade or 0.05% (whichever is lower). So if investing in intraday, or any other asset class, you will pay the lowest amount among Rs.20 as brokerage or 0.05%.

    What Other Charges were levied by Upstox?

    Brokerage is not the only charge which is deemed to arise while investing. There are also other charges such account related charges, miscellaneous charges, and also government charges. Here are the examples from all three categories, miscellaneous – account closure, and reopening, Account related – account opening and AMC, and Government- STT and GST.

    Is Upstox a discount broker?

    Yes, Upstox is a discount broker in the new era of stockbrokers, who have taken the stock market competition very high. They operate only via online mediums and provide brokerage services at extremely cheap rates. They are presently the most demanded stock brokers for any kind of investor.

    Does Upstox have Free Delivery?

    Yes, if you want to invest in the equity delivery domain through Upstox, you are not required to pay any fee in the form of brokerage. The company has waived the brokerage charge for this asset class and investing in any other segment will only cost you Rs.20 per order.

    How much does Upstox Charge for Options?

    Options trading is a popular investment venture and traders are learning more about this asset class in recent times. If you wish to try your hand at options investment too, you are supposed to pay the same brokerage for Equity Options or currency options, i.e. Rs. 20 per trade or 0.05% (whichever is lower).

    What are Upstox Transaction Charges?

    We have insights into all the transaction charges for your consideration, which vary as per segment. Delivery and intraday have a charge of 0.00325%, Futures of 0.00210%, options of 0.05500%, currency futures of 0.00150%, currency options of 0.06000% and finally, the commodity of MCX 0.00260%.

    What is the Demat AMC in Upstox?

    There are no annual maintenance charges (AMC) on the Demat account of Upstox. It is free of cost.

    Is Upstox Brokerage Free?

    No, this stockbroker has in no manner entirely waived off the brokerage charges. However, there is a perk associated with this broker and it is in context with the segment Equity Delivery. This particular segment is only free of brokerage, whereas other segments attract a tiny amount of brokerage.

    Does Upstox charge any fee?

    Yes, Upstox charges brokerage for trading in all segments except for the equity delivery segment. However, the charges are very nominal as it is a discount brokerage house.

    How much are Upstox monthly charges?

    There are no monthly charges as such for Upstox. It charges brokerage only when you trade using its trading platform, otherwise, there are no charges. Apart from brokerage, there are certain other charges like statutory charges, Demat services charges, and others.

    Is Upstox AMC free?

    Yes, there are no annual maintenance charges at Upstox. You can open an account for free and use it until you close them for free as well. Neither do you have to AMC for Demat nor a Trading account with Upstox.

    Is Upstox legal in India?

    Yes, it is legal in India and it is registered with SEBI. You can trade at Upstox without any worry of fraud or safety issues. Furthermore, it provides exceptional security to its customers and protects all their information and data with high-end technology and encryption.

    How much does Upstox charge?

    Upstox charges Rs. 20 per executed order or 0.05% of the order value for all segments, except for equity options, for which it charges a flat fee of Rs. 20 per executed order. However, the equity delivery segment has no brokerage charges on it.

    How is Upstox brokerage calculated?

    You need to calculate 0.05% of the transaction value and compare it with Rs. 20, whichever is lower will be the brokerage charges for that order. Suppose, you traded assets worth Rs. 100000, so, 0.05% of Rs. 1 lakhs = Rs. 50. So, between Rs. 20 or Rs. 50 whichever is lower, so, Rs. 20 is lower and the brokerage charge for this order is Rs. 20 only.

    How does Upstox work?

    Upstox is a tech-first platform where everything from trading to Demat services, and investment resources, and everything is well organized. You just need to download their mobile trading application, trading terminal, and log in using your trading account id and password and start trading.

    Is Upstox SEBI registered?

    Yes, Upstox is SEBI registered. It is completely legal in India and there are lakhs of traders who trade daily on the Upstox platform.

    How to buy IPO Upstox?

    If you want to buy an IPO on Upstox, then you need to follow these steps –

    • You need to have a Upstox Demat account
    • Check for the IPOs that are available to the retail customers or you
    • Check which bank is offering the IPO, go to their website for bidding for the IPO, open an account in the bank to bid for the shares in the IPO, and apply for the shares
    • Enter the 16-digit DP Id that Upstox has provided you and bid the amount at which you want to buy the shares. Fill out and apply.
    • The bank will block the amount you want to invest in the IPO, you won’t be able to use that money until the share allotment is over.
    • If shares get allotted to you, then it will reflect in your Demat account and you can view the same using any of Upstox’s trading platforms.

    Is Upstox free?

    No, Upstox doesn’t provide free services except for equity delivery trading. It only provides free account opening, but for trading and other services, you have to pay the fee, which is very cheap.

    Does Upstox allow BTST?

    No, Upstox doesn’t offer BTST trading facility anymore since September 2020 due to the new margin policy of SEBI. Earlier it used to provide services.

    Is Upstox owned by Tata?

    Upstox was supported by Tata Group and it surpassed the valuation of its close competitors Zerodha and Groww as well. However, Tata Group doesn’t own this company. The CEO and Co-founder are Ravi Kumar, and the other co-founders are Kavitha Subramanian and Shrini Viswanath.

    Can I earn money from Upstox?

    Apart from trading using the Upstox platform and earning returns from the same, you can also generate another source of income from Upstox. The brokerage house runs a partner program where you can enrol and if you get a customer for the company, it pays you a commission.

    What are Upstox delivery charges?

    There are no delivery charges on the equity delivery segment of Upstox. Yes, traders can take delivery of shares without squaring off at the end of the day if they need to and they do not have to pay a penny for the same as brokerage.

    How does Upstox levy charges?

    Upstox levies brokerage charges and transaction charges as well as statutory charges. Along with the amount debited from the bank account of your linked trading account for a transaction, all these brokerage and other fees are deducted as well.

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