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This article covers brokerage and account opening charges with Upstox. Upstox is known in the industry for its low-cost brokerage and account opening charges. Upstox has a very simple pricing structure. They offer free equity delivery trades and charge 0.05% or ₹20/trade whichever is lower for Intraday, F&O, and commodity trades.

 

Upstox Basic Plan | Upstox Priority Brokerage Plan 2020

Upstox has recently introduced a new brokerage Plan Called Upstox Priority Plan, where you can get up to 25x leverage on the Cash segment by paying Rs. 30 Per trade or 0.10% whichever is lower.

Charges Basic Plan Priority Plan
Upstox brokerage for Equity Delivery NIL NIL
Upstox brokerage for Intraday 0.05% or Rs.20/Trade whichever is lower 0.10% or Rs.30/Trade whichever is lower
Upstox brokerage for Equity Futures 0.05% or Rs.20/Trade whichever is lower 0.10% or Rs.30/Trade whichever is lower
Upstox brokerage for Equity Options Rs.20/Trade Rs.30/Trade
Upstox brokerage for Currency Futures 0.05% or Rs.20/Trade whichever is lower 0.10% or Rs.30/Trade whichever is lower
Upstox brokerage for Currency Options Rs.20/Trade Rs.30/Trade
Upstox brokerage for Commodity Trade 0.05% or Rs.20/Trade whichever is lower 0.10% or Rs.30/Trade whichever is lower

Upstox Pre-paid Brokerage Plan 2020

Upstox has recently introduced new Upstox Prepaid Plans- Standard, Advanced & Premium Plans in which you get brokerage credit for a validity period of 30,45 & 60Days. This offer is valid for new users only. Pre-paid brokerage plan subscription charges are towards account opening charges selected during a/c opening. You must pay upfront for your chosen brokerage plan, during the a/c opening process. You will receive the entire brokerage credit amount on the successful opening of your account.

Particulars Standard Advanced Premium
Subscription Charges Rs.249 Rs.499 Rs.999
Brokerage Credit Rs.400 Rs.1000 Rs.2500
Validity Days 30 Days 45 Days 60 Days
Special Offer: Brokerage free equity delivery trading + Flat ₹20 Intra-day and F&O trades. Get the offer
Upstox Account Opening & AMC Charges

Upstox charges ₹150+GST for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. ₹300 are annual maintenance charges for a demat account and would get deducted from your account even if you have not traded for a year by Upstox to maintain your account.

Name Details
Trading Account Opening Fee ₹150+GST
Demat Account Opening Fee ₹0 (Free)
Demat Account AMC ₹300
Trading Account AMC ₹0 (Free)
Upstox Brokerage Charges

Please find below Upstox Brokerage charges in their basic Plan. Upstox provides delivery trade at ₹0, Intraday Trade at ₹30 per executed order or 0.10% whichever is lower, Equity Future Trade at ₹30 per executed order or 0.10% whichever is lower, and Equity Option Trade at ₹30 per executed order.

Plan Name Upstox Priority Basic Plan
Equity Delivery ₹0 ₹0 (Free)
Equity Intraday ₹30 per executed order or 0.10% whichever is lower ₹20 per executed order or 0.05% whichever is lower
Equity Future ₹30 per executed order or 0.10% whichever is lower ₹20 per executed order or 0.05% whichever is lower
Equity Options ₹30 per executed order ₹20 per executed order
Currency Futures ₹30 per executed order or 0.10% whichever is lower ₹20 per executed order or 0.05% whichever is lower
Currency Options ₹30 per executed order ₹20 per executed order
Monthly Fee NA NA
Margin Trading Yes NA
Commodity Futures ₹30 per executed order or 0.10% whichever is lower ₹20 per executed order or 0.05% whichever is lower
Commodity Options ₹30 per executed order ₹20 per executed order
Upstox Transaction Charges (Per Crore)

The Brokers in India charges Transaction / Turnover charges along with Brokerage on every order executed through the stock exchange. These charges differ by the stock exchange in which you trade and type of trades like delivery, intraday or F&O, etc. Upstox Transaction charges are as per the below table:

Name Details
Equity Delivery NSE ₹325 per Cr (0.00325%) (each side)
Equity Intraday NSE ₹325 per Cr (0.00325%) (each side)
Equity Future * NSE ₹210 per Cr (0.0021%)
Equity Options * NSE ₹5500 per Cr (0.055%) (on premium)
Currency Futures * NSE ₹130 per Cr (0.0013%) | BSE ₹26 per Cr (0.00026%)
Currency Options NSE ₹2900 per Cr (0.029%) | BSE ₹2600 per Cr (0.026%) (on premium)
Commodity Group A - ₹290 per Cr (0.0029%)
Upstox Other Charges

A lot of other Charges are getting levied other than brokerage by Upstox like minimum brokerage, call & Trade charges, Stamp duty, DP Charges, etc. A list of the same is in the below table.

Name Details
Minimum Brokerage 0.05%
Call & Trade ₹20 + GST per order placed.
Stamp Duty * (On buy side only) Delivery: 0.015%, Intraday: 0.03%, Equity F&O: 0.002%, Commodity F&O: 0.002% and Currency F&O: 0.0001%
DP Charges (on sell side) ₹13 plus ₹5.50 (CDSL charges) per scrip.
Other Miscellaneous Charges Adhoc / Non periodic statement requests: ₹25
Upstox Demat Account Charges

The charges on Demat account transactions are charged separately and over and above trading Brokerage. Find Upstox demat account charges 2020.

Name Details
Depository Service Provider CDSL
Account Opening Fee ₹0 (Free)
Advance Deposit NIL
AMC ₹300
Dematerialisation Charges ₹2 per certificate + courier charges of ₹35 per demat request for every 500 grams.
Rematerialisation Charges ₹25 per certificate or 0.05% of the value whichever is higher
Transaction Charges (Credit) -
Transaction Charges (debit) ₹20 per debit instruction
Pledge Creation Charges 0.02% of transaction charges subject to a minimum of ₹50 + NSDL/CDSL charges at actual
Pledge Creation Confirmation Charges 0.02% of transaction charges subject to a minimum of ₹50 + NSDL/CDSL charges at actual
Pledge Invocation Charges 0.05% of transaction charges subject to a minimum of ₹50
Failed Instruction Charges ₹50 per transaction
Other Charges Demat Rejection Charges: ₹35 per rejection
Special Offer: Brokerage free equity delivery trading + Flat ₹20 Intra-day and F&O trades. Get the offer

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