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Upstox Brokerage Charges, Priority Plan , Demat & AMC Fees 2020

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 very simple pricing structure. They offer free equity delivery trades and charge 0.05% or Rs.20/trade whichever is lower for Intraday, F&O, and commodity trades.

Upstox Account Opening Charges | Upstox AMC 2020

Upstox would charge a one-time fee while initiating your account opening process. Upstox charges Rs. 150+GST for opening a Trading account and Rs. 150+GST for Demat account. There will also be a monthly maintenance charge of Rs 25 (excluding GST), which will be charged at the end of every month by Upstox.

Type Account Opening (One Time) Annual Maintenance Fees (Yearly)
Trading Account INR150+GST NIL
Demat Account Rs.150+GST Rs.25+GST on monthly access

Upstox Basic Plan | Upstox Priority Brokerage Plan 2020

Upstox has recently introduced new brokerage Plan Called Upstox Priority Plan , where you can get Upto 25x leverage on Cash segment by paying Rs. 30 Per trade or 0.10% which ever 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 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

Upstox Equity Delivery Charges | Upstox Intraday Charges 2020

Please find below Upstox Brokerage charges for Delivery Trade & Intraday Trades. Upstox provides Delivery trade at Zero Brokerage charges and Upstox charges for Intraday are 0.05% or Rs.20/Trade whichever is lower(Rs.30 incase of Priority Plan )Per Order.

Charges Equity Delivery Equity Intraday
Brokerage NIL 0.05% or Rs.20/Trade whichever is lower
STT 0.1% ON BOTH Buy & Sell 0.025% On the Sell side
Transaction / Turnover charges NSE : 0.00325%, BSE: 0.00275% each on buy trade & sell trade NSE : 0.00325%, BSE: 0.00275% each on buy trade & sell trade
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

Upstox Equity Futures Brokerage | Upstox Equity Options Brokerage 2020

Please find below Upstox Charges list for Equity Futures & Equity Options. Upstox provides Equity future Trading at 0.05% or Rs. 20/executed order whichever is lower and Options Trading at Flat Rs. 20 Per Order.

Charges Equity Future Equity Option
Brokerage 0.05% or Rs.20/Trade whichever is lower Flat Rs. 20 per executed order
STT 0.01% On the Sell side 0.017% On the Sell side (ON PREMIUM)
Transaction / Turnover charges NSE : 0.0021% NSE : 0.055%
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

Upstox Currency Brokerage & other Charges 2020

Please find below Upstox Brokerage Charges for Currency Future & Currency Options. Upstox charges 0.05% or Rs.20/Trade whichever is lower for Currency Future and Options Trading.

Charges Currency Future Currency Option
Brokerage 0.05% or Rs.20/Trade whichever is lower Flat Rs.20/Trade
STT NA NA
Transaction / Turnover charges NSE: 0.0015%, BSE: 0.00062% NSE: 0.065% , BSE: 0.0260%
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

Upstox Commodity Brokerage & Charges 2020

Please find below Upstox Charges list for Commodity Trading. Upstox charges 0.05% or Rs.20/Trade whichever is lower for Commodity Trades.

Charges Commodity
Brokerage 0.05% or Rs.20/Trade whichever is lower
STT/CTT 0.01% on Sell
Transaction / Turnover charges Non-Agri: 0.0031% | Agri: 0.00175
SEBI Charges 20 Rs/Crore
GST 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State

Upstox Mutual Fund Fee Structure

At The Time of Buying

For SIPs Nil Nil
For Lump sum Investment Nil Nil

At The Time of Selling /Switching

For SIPs Nil Nil
For Lump sum Investment Nil Nil
* There are no charges to purchase a mutual fund on Upstox MF Platform. However, at the time of redemption or selling of mutual funds, the CDSL charges are Rs.13.50/- that is to be paid by the investor.

Charges Explained

  • Securities / Commodities Transaction Tax : Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O.When trading at Zerodha STT/CTT can be a lot more than the brokerage we charge.

  • Transaction/Turnover Charges: Exchange transaction charges + Clearing charges. Charged by exchanges (NSE, BSE,MCX) and clearing member.

  • Call & trade: Additional charges of ₹20 per executed order:

    • For orders placed through our support/dealing desk.

    • Intraday (MIS/BO/CO) positions squared off before market closing by our RMS team.

  • Stamp charges: Charged as per the state of the client's correspondence address.

  • GST:Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)

  • SEBI Charges:Charged at ₹15 per crore by Securities and Exchange Board of India for regulating the markets.

  • DP (Depository participant) charges :₹13.0 per scrip (irrespective of quantity) debited from demat account when stocks are sold. ₹5.5 per MF (irrespective of quantity) debited from demat on redemption. Charged by depository (CDSL) and depository participant (Upstox)

  • AMC (Annual maintenance charges) :₹150/Year

Exposure or Leverage provided by Upstox

Please find below the margin provided by Upstox on Intraday & CO/OCO Orders. The margin varies with the selected brokerage plans, you would get higher margin incase you have selected Priority Plan.

Segment Basic Plan Priority Plan
NSE/BSE Cash 15X 20X
Index Futures 3X 6X
Stock Futures 3X 3X
Index Option Sell 3X 6X
Stock Option Sell 3x 6x
NSE Currency 4x 4x
MCX Future 2.5x 3x

Frequently Asked Questions

  1. 1. What Upstox charges for IPO applications?

    There are no Charges to apply for IPO through Upstox. As Upstox does not charge any brokerage on equity delivery trade, they don't charge any brokerage when you sell allocated IPO shares through Upstox.

  2. 2. What is Upstox Brokerage Charges?

    For all Indian resident Upstox charges a brokerage of 0.05% or Rs. 20 per executed order, whichever is lower, irrespective of the number of shares or their value (other than equity delivery trade which is free).Upstox doesn't have minimum brokerage and maximum brokerage you pay for any transaction is Rs.20 for an order (of any size and in any segment).

  3. 3.How much Upstox charge for intraday?

    Brokerage charges for Intraday in Upstox is 0.05% or Rs. 20 per executed order, whichever is lower, irrespective of the number of shares or their value.

  4. 4. Is Upstox brokerage Free?

    Upstox offers absolutely brokerage free Equity Delivery Trade. For all other segemnt Like , Intraday , F&O , Currency & Commodity trade it charges 0.05% or Rs. 20 per executed order, whichever is lower.

  5. 5. Why Upstox brokerage is less?

    Upstox is an online Share broker who is offering most of its services online by using the latest web & mobile Platforms without any human interventions.This makes its service extremely cost-effective and enables Upstox to offer trading at an ultra-low-cost.

  6. 6. How much Upstox charge for delivery?

    Upstox charge Rs. 0 (Free) Brokerage for equity delivery trade, all other statutory charges would apply.

  7. 7. What is AMC for Upstox?

    Upstox does not have Annual Maintenance Charge (AMC) for a trading account but there will be a monthly maintenance charge of Rs 25 (excluding GST) for Demat account, which will be charged at the end of every month by Upstox. AMC is charged to maintain the accounts.

  8. 8. How much Upstox charge for futures?

    Upstox charge Rs.20 per executed order or 0.05% whichever is lower for equity futures trading.

  9. 9. How much Upstox charge for Options?

    Upstox charge Flat Rs.20 per executed order for equity options trading..

  10. 9. How much Upstox charge for commodity?

    Upstox charges 0.05% or Rs. 20/executed order whichever is lower for Commodity Trades.

  11. 10. How much Upstox charge for currency trading?

    Upstox charge Rs.20 per executed order or 0.05% whichever is lower for currency futures trading and Rs.20 per executed order or 0.05% whichever is lower for currency options trading.

  12. 11. How much Upstox charge for Call & Trade Facility?

    You can call the Upstox Team and place your trades via phone for additional charge of Rs. 20 + GST per order placed.

  13. 12. What are the Account Opening charges in Upstox?

    Upstox charges Rs. 150+ GST for Trading Account & Rs. 150+ GST for Demate account opening. Upstox does not have Annual Maintenance Charge (AMC) for a trading account but there will be a monthly maintenance charge of Rs 25 (excluding GST) for Demat account, which will be charged at the end of every month by Upstox. AMC is charged to maintain the accounts.

  14. 13. What is Upstox Pre-paid Plans?

    Upstox has recently introduced new 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 successful opening of your account

  15. 14. What is Upstox Priority Plan?

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