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 levied by the government like stamp duty, GST and STT.
So, let have a detailed review regarding Upstox brokerage charges.
Upstox Brokerage Charges
Find below details of Upstox brokerage charges:
|Brokerage Charges of 2019|
|Equity Delivery||Rs. 0|
|Equity Intraday||Rs. 20 per trade or 0.01% (whichever is lower)|
|Equity Futures||Rs. 20 per trade or 0.01% (whichever is lower)|
|Equity Options||Rs. 20 per trade or 0.01% (whichever is lower)|
|Currency Futures||Rs. 20 per trade or 0.01% (whichever is lower)|
|Currency Options||Rs. 20 per trade or 0.01% (whichever is lower)|
|Flat Monthly Fees, if any||NA|
As per the above mentioned table data, the brokerage charges for equity delivery, equity Intraday, equity futures, equity options, equity futures, currency futures are Rs.20 per trade or we can say 0.01% respectively.
Compare Stock Brokers
Get a Call back from Upstox – Fill up the form now!
Upstox Account Opening Charges
Get detailed of Upstox account opening charges:
|Account Opening Charges of 2019|
|Account Processing Charges||Nil|
|Trading Account Opening Charges [One Time]||Rs. 150 (Eq and F&O), Rs. 150 (MCX)|
|Trading AMC [Yearly]||Rs. 0|
|Demat Account Opening Charges [One Time]||Rs. 0|
|Demat AMC [Yearly]||Rs. 150 (paid upfront)|
Upstox is charging Rs. 150 (Eq and F&O), Rs. 150 (MCX) for opening trading account. There will be no fee for opening demat account and trading AMC.
Upstox clients only have to pay Rs. 150 as a demat account maintenance charges respectively. The clients can start trading journey with Rs.zero margin money.
Find Account Opening Charges of other Stock Brokers
|Karvy Charges||SBICap Securities Charges||Zerodha Charges|
|Kotak Securities Charges||Sharekhan Charges||Alankit Assignments Charges|
|Motilal Oswal Charges||Shah Investor Charges||Alice Blue Online Charges|
Upstox Transaction Charges
Get detailed of Upstox transaction charges:
|Transaction Charges 2019|
The transaction charges for equity delivery, equity Intraday Rs. 0.00325% and for equity futures 0.00210 % respectively.
For equity options transaction charges are o.05500% and for currency futures 0.00150%. For currency options transaction charges are 0.06000% and for commodity MCX 0.00260%.
Find Transaction Charges of other Brokers
|5Paisa Charges||Axis Direct Charges||ICICI Direct Charges|
|Aditya Birla Money Charges||Edelweiss Charges||Indiabulls Ventures Charges|
|Angel Broking Charges||HDFC Securities Charges||India Infoline Charges|
Upstox Other Other Charges
Find below information about Upstox other charges:
|Other Charges 2019|
|SEBI Turnover Charges||0.0002% of Total Turnover|
|STT||0.0126% of Total Turnover|
|Stamp Duty||0.002% – 0.004% – Depends on State|
|GST||18% of (Brokerage + Transaction Charges)|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs.75 per Segment|
|Account Closure Charges||Rs.60 per Segment|
- SEBI turnover charges is 0.0002% of total turnover.
- The STT charges are 0.0126% of total turnover.
- The stamp duty charges depend on the state government is 0.002%- 0.004% on buy and sell sides.
- GST is charged by the government is 18% of ( brokerage + transaction charges).
- The margin funding charges are 18%+ GST.
- Reactivation charges levied by the Upstox are Rs. 75 per segment and account closure charges Rs. 60 per segment.
- The dematerialisation charges are Rs. 55.
Upstox Brokerage Charges FAQ
Ques – Does Upstox Charge Brokerage?
Answer – Yes, this stock broker also follows up 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.
Ques – What is Upstox Brokerage Charges?
Answer – To help you execute a trade, or any other finance related services, Upstox levy 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 0.01% (whichever is lower).
Ques – What is Intraday Brokerage of Upstox?
Answer – Intraday, though risky, is a consequent profitable investment asset class and. Upstox follows a similar charge patterns for all of its asset classes, i.e. Rs. 20 per trade or 0.01% (whichever is lower). So if invest in intraday, or any other asset class, you will pay the lowest amount among Rs.20 as brokerage or 0.01%.
Ques – What other Charges levied by Upstox?
Answer – 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 the three categories, miscellaneous – account closure and reopening, Account related – account opening and AMC, Government- STT and GST.
Ques – Is Upstox a discount broker?
Answer – Yes, Upstox is a discount broker the new era stock brokers, 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.
Ques – Does Upstox have Free Delivery?
Answer – 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 off the brokerage charge for this asset class and investing in any other segment will only cost you Rs.20 per order.
Ques – How much Upstox Charge for Options?
Answer – 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 0.01% (whichever is lower).
Ques – What are Upstox Transaction Charges?
Answer – We have the insights of all the transaction charges for your consideration, which varies 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, commodity of MCX 0.00260%.
Ques – What is the Demat AMC in Upstox?
Answer – The AMC are generally taken on a per annum basis by most of the stock brokers. But, if you choose to open a demat account with this stock broker – Upstox, you are required to pay the AMC of Rs.150 which is to be paid upfront. The company has waived off the Account opening charges on the other end.
Ques – Is Upstox Brokerage Free?
Answer – No, this stock broker 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.
Open Demat Account with Upstox
Find Stock Broker Charges of other Broking House
|Anand Rathi Charges||Astha Trade Charges||Choice Broking Charges|
|Arihant Capital Charges||BMA Wealth Creators Charges||Geojit Finance Charges|
|Asit C Mehta Charges||Bonanza Portfolio Charges||IDBI Direct Charges|
Most Read Articles