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Upstox Stock Trading, Demat, Brokerage and Reviews 2017


Upstox is the trading platform offered by RKSV, the popular discount broker offering Equity, Commodity and Currency Derivatives trading services at BSE, NSE and MCX. It is built on top of Omnisys NEST OMS (Order Management System). Upstox makes it easy to place orders through mobile phones and web browser.

Upstox trading platform offers trading, analysis, charting and many more rich trading features.

Upstox offers absolutely free trading account and free trading in Equity Delivery segment. Trading in Equity F&O, Equity Indra-day, Commodities and Currency Derivatives is available through Upstox Pro. UpStox Pro is the paid service of UpStox for traders.

Upstox Rating (by the customers)

17 Votes

Overall Rating Rated 2.9 stars 2.9/5
Fees Rated 3.8 stars 3.8/5
Brokerage Rated 3.9 stars 3.9/5
Usability Rated 2.8 stars 2.8/5
Customer Service Rated 2.8 stars 2.8/5

Do you trade with Upstox? Rate Upstox

Information about Upstox account opening, Upstox open account, Upstox opening charges, Upstox account opening charges, Upstox account opening status, Upstox amc charges, Upstox account charges, Upstox account closure

Upstox's Trading Platforms

Upstox offers mobile and website based trading. Upstox's trading platform is build in-house by RKSV to make it extremely easy to place orders through mobile as well as web browser. As of now no trading terminal is available though Upstox.

Find info about Upstox platform, Upstox trading platform, Upstox trading software, Upstox trading demo, Upstox Demo, Upstox download, Upstox software download, Upstox software, Upstox stop loss, Upstox trading and Upstox trading account.

Account Types

Upstox offers two different type of trading account to suite investors/traders need:

  1. Upstox

    Upstox (Up Stocks Basic) offers basic trading features in Equity Delivery segment through mobile and website. RKSV doesn't change any brokerage for trading in Equity Delivery segment using Upstox.

  2. Upstox Pro (Rs 20 per trade)

    Upstox Pro is the trading platform for frequent traders; who trade in Indra-day and F&O segments. Along with the standard features offered in Upstox, Upstox Pro offers stock search, analyze, trade, and monitor stocks, currencies, F&O, and commodities.

    Upstox Pro provides advance charting for professional traders for technical analysis. It also offers wide range of indicators, chart types, data rich user interface.

Upstox Special Offers

Sorry no special offers available by Upstox at this time.

Visit Exclusive Promotions / Offers from Stock Brokers in India webpage for more offers.

Upstox Brokerage Charges 2017

  • Upstox Trading Account Opening Charges (One Time): Rs 150
  • Upstox Demat Account Opening Charges (One Time): Nil
  • Upstox Trading Annual maintenance charges (AMC): NIL
  • Upstox Demat Account Annual Maintenance Charges (AMC): Rs 150 per year

Upstox Trading Brokerages

1. Plan 1 - Upstox (Upstox Basic)

  • Equity Delivery Based Trades: Rs 0 (no trade limit)

2. Plan 2 - Upstox Pro

  • Equity Delivery Based Trades: Rs 0 (Free Unlimited Equity Delivery Trades)
  • Equity Intraday Trades: 0.01% or Rs.20 per executed order (Whichever is lower)
  • Equity Future: 0.01% or Rs.20 per executed order (Whichever is lower)
  • Equity Options: Rs 20 per executed order (on Turnover)
  • Currency Futures: 0.01% or Rs.20 per executed order (Whichever is lower)
  • Currency Options: Rs 20 per executed order
  • Commodity Futures: 0.01% or Rs.20 per executed order (Whichever is lower)

Upstox Brokerage Fee in Detail

Upstox ChargesEQUITY DeliveryEQUITY Intraday
Upstox Basic BrokerageRs 0Not Applicable
Upstox Pro BrokerageRs 0Rs 20/Trade
STT0.1% on both Buy and Sell0.025% on the Sell Side
Transaction / Turnover ChargesRs 350/croreRs 350/crore
Goods and Services Tax (GST)18% on Brokerage + Transaction Charge18% on Brokerage + Transaction Charge
SEBI ChargesRs 15/CroreRs 15/Crore
Stamp Duty

Upstox ChargesFuturesOptions
Upstox Basic BrokerageNot ApplicableNot Applicable
Upstox Pro BrokerageRs 20/TradeRs 20/trade
STT0.017% on Sell Side0.017% on Sell Side(on Premium)
Transaction / Turnover ChargesRs 210/croreRs 5500/crore on premium turnover
Goods and Services Tax (GST)18% on Brokerage + Transaction Charge18% on Brokerage + Transaction Charge
SEBI ChargesRs 15/CroreRs 15/Crore
Stamp Charges

Upstox ChargesCurrency FuturesCurrency Options
Upstox Basic BrokerageNot ApplicableNot Applicable
Upstox Pro BrokerageRs 20/TradeRs 20/trade
STTNo STTNo STT
Transaction / Turnover ChargesRs 155/croreRs 6000/crore on premium turnover
Goods and Services Tax (GST)18% on Brokerage + Transaction Charge18% on Brokerage + Transaction Charge
SEBI ChargesRs 15/CroreRs 15/Crore
Stamp Charges

Upstox ChargesCommodity Futures
Upstox Basic BrokerageNot Applicable
Upstox Pro BrokerageRs 20/Trade
CTT0.01% only on the sell side
Transaction / Turnover ChargesRs 260/crore (Rs 210 Transaction + Rs 50 Clearing Charges)
Goods and Services Tax (GST)18% on Brokerage + Transaction Charge
SEBI ChargesRs 15
Stamp ChargesRs 100/Crore

UpStox Charge Explained:

  • STT: This is charged only on the sell side for intraday and F&O trades. It is charged on both sides for Delivery trades in Equity.
  • Stamp Duty: Charges based on the state the customer is located in.
  • Goods and Services Tax (GST): This is charged at 18% of the total cost of brokerage plus transaction charges.
  • SEBI Turnover Fees: This is charged at Rs 15 per Crore.
  • Transaction or Turnover Charges: This is charged at Rs 350/crore for Equity, Rs 210/crore for Futures, Rs 5500/crore on premium for options.

Other Charges (Upstox Broker Hidden Charges / Fees):

  1. Call & Trade: Rs 20/- per executed order
  2. Physical contract notes: Rs 25 per contract note plus courier charges. (Digital contract notes are free.)
  3. Instant Money Transfer Fee: Rs 7 per transfer

Upstox Demat Account Charges

Upstox offers demat account service (or DP or depository services). The Upstox fees for demat account transitions are as below:

Demat TransactionsDemat Charges
Annual Maintenance charges (AMC)Rs 150 per year (paid up-front every year)
Transaction charges (Market/Off Market / Inter-depository Transactions)Rs 13 + Rs 5.50 (CDSL charges) per scrip
Pledge Charges Creation / Closure and Confirmation of both0.02% of transaction charges subject to a minimum of Rs 50 + NSDL/CDSL charges at actual
Pledge Charges for Invocation0.05% of transaction charges subject to a minimum of Rs 50
Dematerialization ChargesRs 2 per certificate + courier charges of Rs 35 per demat request for every 500 grams.
Rematerialization ChargesRs 25 per certificate or 0.05% of the value whichever is higher
SLB ChargesFor Securities Borrowings: Rs 25 + NSDL/CDSL charges at actual
For Securities Lending: Rs 25 + NSDL/CDSL charges at actual
Repurchase / Redemption ChargesRs 25 per transaction + Depository charges at actual
Failed or Rejected TransactionsRs 50 per transaction
Demat Rejection ChargesRs 35 per rejection for every 500 grams
Adhoc / Non periodic statement requestsAdhoc statement requests - Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 + courier / postage charges.
E-Mail StatementFree periodic bills, transaction statement and other communication through email.
Cheque Bounce chargesCharges applied based on charges as determined by our bankers

Get detail about Upstox pricing, Upstox brokerage calculater, Upstox brokerage, Upstox plans, Upstox brokerage review, Upstox brokerage plans, Upstox fund transfer, Upstox intraday brokerage, Upstox charges, Upstox charge list, Upstox charges calculator, Upstox prepaid brokerage plans, Upstox yearly charges, Upstox fees, Upstox yearly maintenance charge, Upstox option brokerage and Upstox trading charges.

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Upstox Pros and Cons

Upstox Advantages

  • Upstox offers brokerage free trading in Equity Delivery segment (Customer does not have to pay brokerage for delivery trades in equity segment).
  • Mobile trading app available for both Android and iOS phones. No software uses charges.
  • After Market Order (AMO), Cover Order and BO are available on both web and mobile.
  • Trailing-Stop/Stop-Loss (SL) is available in both web and mobile.
  • Upstox Pro Trading Platform offers multiple indicators to monitor markets on-the-go.
  • Upstox Bridge for AmiBroker helps you to code & execute your trading strategy using the AmiBroker AFL editor.
  • Upstox Developer Console helps you build (code) your own trading app using languages such as Python.
  • Upstox Option Chain Tool helps traders find out Spot, Future prices, vertical comparison of rates, get details such as circuit levels, Open High Low Close and market depth. It allows customers to measure volatility, open Interest, performance indicator and check greeks as well.
  • Upstox MF Platform offers 1000’s of Mutual Funds to invest in. Customers can choose Lumpsum or SIP pattern of investing.
  • Margin Against Shares is available.
  • Priority Brokerage Package is available for customers who need higher leverage.

Upstox Disadvantages

  • Good Till Cancelled (GTC) and Good Till Date/Time (GTD) Orders are not available in Equity Segment. GTC/GTD orders are available in commodity trading.
  • Margin Funding is not available. Higher leverage is available in Upstox Pro account.
  • Upstox charge brokerage fee of Rs 20 per trade. Few other discount brokers (5paisa, ProStocks) offer similar services at cheaper per trade brokerage plan.
  • Upstox doesn't offer unlimited monthly trading plans.
  • Call and trade fee is charged at extra Rs 20 per executed order (Rs 20 Brokerage + Rs 20 Call & Trade Fee).
  • Additional Rs 20 per executed order is charged for Intraday square MIS/BO/CO orders when they are not square off by the customer.
  • Brokerage free trading is available only in Equity Delivery segment (in Upstox Basic plan). For all other segments including Equity F&O, Commodity F&O and Currency Derivative, brokerage is charged at Rs 20 per trade.
  • In Upstox basic plan, though brokerage is free, customers still have to pay the Demat Transaction Charges. Upstox Demat debit transaction charges (Rs 21.83) is high than other discount brokers who charges fee of Rs 15.93 per demat debit transaction.
  • Doesn't offer facility to invest in IPO, FPO, Bond and NCD's.
  • Doesn't provide stock tips or recommendations.
  • 3-in-1 accounts are not available as company doesn't provide banking services.
  • 24/7 customer service is not available.

Useful links about Upstox

Enquiry Form

Upstox Priority Pack - For people who need higher leverage

UpStox offers priority at an additional monthly charge for traders who need higher leverage.

Pricing of Upstox Priority Pack

  • 999 Monthly - Priority Pack for Equities, F&O and CDS segments. 
  • 499 Monthly - Priority Pack for Commodities. 

What do you get in a Priority Pack?

Priority Pack offers trade with higher leverage:

  • 2X Intraday leverage on option buy with CO/OCO/BO
  • Get upto 7X leverage on Index Futures using CO/OCO/BO
  • No exposure margin levied on Index Futures and Options giving you up to 6X leverage.
  • 20X Intraday leverage on cash (normally 15X).

Comparison of Upstox Regular Account and Priority Pack

Intraday Trade Margin Comparison

Segment

Regular - Intraday Trade

Priority Pack - Intraday Trade

NSE/BSE Cash

15x

20x

Index Futures

4x

6x

Stock Futures

4x

4x

NSE Option Buy

N/A

N/A

Index Option Sell

4x

6x

Stock Option Sell

4x

4x

NSE Currency

4x

4x

MCX Future

2.5x

3x

Cover Order or Bracket Order Trades Margin Comparison

Segment

Regular - CO/OCO Trades

Priority Pack - CO/OCO Trades

NSE/BSE Cash

20x

25x

Index Futures

4x

7x

Stock Futures

4x

6x

NSE Option Buy

1.33x

2x

Index Option Sell

4x

5x

Stock Option Sell

4x

5x

NSE Currency

4x

5x

MCX Future

3x

4x

Upstox's (RKSV) Membership Information

  1. Upstox NSE Membership:
    • Capital Market (CM) - INB231394231
    • Future & Options (F&O) - INF231394231
    • Currency Derivatives (CDS) - INE231394231
  2. Upstox BSE Membership:
    • Capital Market (CM) - INB011394237
    • Future & Options (F&O) - INF011394237
  3. Upstox MCX Membership:
    • Member Code - 46510
    • FMC Regn. No. - MCX: MCX/TM/CORP/2034
  4. CDSL: IN-DP-CDSL-00283831
  5. NSDL: IN-DP-NSDL-11497282

Reasons why one should open an account with Upstox:

  1. Brokerage Free Investing App offers great opportunity for stock market long term investors.
  2. Upstox is RKSV's product. RKSV is among the most popular discount brokers in India. The company had over 30,000 customer and does over Rs 5500 Crores of trading turnover daily.

Upstox Reviews

avatar
19. veenit  Mar 7, 2017 12:50:34 PM IST Reply
Its been more than 3 weeks and account is not opened yet.Sasta hia to bikta hia pe mat jao.I have sent so many mails to customer care they always committed 1 day 2 days to open the account but still no luck. Its like winnning a kon banega crorepati if they open an account. Such a unprofessional and delay is not expected in this trading world where few seconds can make you or break you. Good luck if you are planning to go with this broker.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
19.1. rahul  Mar 8, 2017 2:08:04 AM IST
same story is with me
avatar
19.2. anurag  Jul 27, 2017 5:40:27 PM IST
same here man, they haven''t opened my account. it has been more than 3 weeks now. everytime they say the same thing it iwll be donw in 2-3 days. apologies for the inconvenience.
avatar
18. jatin  Apr 21, 2017 6:02:31 AM IST Reply
The customer care is soo pathetic, they can''''t open an account in 4weeks of documents submission. Worst process. They try to be very advanced with all the online submissions but reality is that they suck at providing you the credentials. Super frustrated.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
17. rah  Mar 8, 2017 2:12:56 AM IST Reply
Rating will surely help

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
16. akhilesh  Mar 2, 2017 4:09:32 PM IST Reply
poor customer support don,t go with it
my tata steel 10 shares concealed by this trader and i got loss in trading.
avatar
15. Vinay  Aug 11, 2015 12:24:53 AM IST Reply
Will Upstox allow trading in penny stock (delivery and Intraday)?
Will Upstox allow subscription to IPOs?
Will the shares be held in an back office account of Upstox (for 3 months or will they be transferred to existing demat account) like some other discount online brokerages?
Does transfer of shares attract charges from existing demat account?
avatar
14. Vipin  Aug 5, 2015 5:03:27 AM IST Reply
how rksv earns money?
avatar
13. Parin  Apr 28, 2017 5:05:01 PM IST Reply
Quick to open an account, got it done fast with online and no signing. Kudos!

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
12. Abraham K Thomas  May 3, 2017 2:51:41 PM IST Reply
The brokerage is competitive.....there charts simply don''t work. So you could lose money doing day trading on their platform.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Very Poor
avatar
11. mohsinkhan  May 25, 2017 3:08:55 AM IST Reply
i have sasonline account,tradewalla account,upstox account,
but upstox experiance is very excellent and its mobile trading applicatin is very excellent for trader not req PC, all futures available in it,
upstox co,oco,amo is very best futures in mobile applicatin,
i like so much.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
10. Ramesh  Jun 21, 2017 10:17:14 PM IST Reply
Great

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
9. pravin  Jul 5, 2017 2:01:42 PM IST Reply
because all ambani mobiles especially LFY Mo does not support upstox.
upstox does not pay attention mobile traders,my experience.
I told them that I can reach mr. tata regarding this issue.but they doesn''t think on it.
I can''t any tradebfor last six months.
bogus system
my account no there 110458

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Average
Overall Experience - Very Poor
avatar
8. Nizam  Jul 31, 2017 10:12:03 PM IST Reply
I have been trading with this particular discount broker for about two years; i had joined them in response to their cash back offer of brokerage to the extent of first Rs. 4000/-. It is difficult to reach them on phone. They will put you on music and you have to wait endlessly to get connected at the end of an STD phone line. Last week their software crashed at about 10:30 and was not restored for the whole day; Their response to the crisis was pathetic. They simply did not not respond for hours to your frantic messages, and you were left high and dry without able to square off your open positions. If you make a Pay In it will not get credited immediately. You have to send them a mail and wait for hours. On a couple of occasions my pay in was credited after 48 hours. Recently they started charging their clients for auto square off. The say they are treating your open positions as Call and Trade orders, and charge @ 20/- per order. If you bought 25 SBI by cover or bracket order and they came one each, there will be 25 individual open square off orders and they will charge you 25 times Rs. 20/-, i.e. total Rs 500/- as Call and Trade charges, They will lock your order window sharp at 3:15 preventing you from squaring off your open positions and will square them off themselves and charge you. It is atrocious. I have decided to switch the broker.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
7. Sai Pavan  Aug 2, 2017 5:21:08 PM IST Reply
I have an account with RKSV. The customer service is very very poor. I do not advise to go with this company.



Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
6. kishore  Aug 3, 2017 5:23:32 PM IST Reply
Overall, very good broker and charges are very less compared to other brokers. Trading platform can be made even better.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Average
Customer Service - Excellent
Overall Experience - Above Average
avatar
5. None  Sep 17, 2017 3:28:48 PM IST Reply
Payout of funds takes very long (days) after selling stocks.
Ledger balance mismatch
Downtime of service

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Average
Overall Experience - Average
avatar
4. Swapnil Rawool  Sep 23, 2017 2:08:34 AM IST Reply
Good

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
3. Arun Yadav  Sep 30, 2017 9:28:24 AM IST Reply
Good service

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
2. xzy  Oct 5, 2017 6:15:49 PM IST Reply
good

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Average
Overall Experience - Excellent
avatar
1. B das  Oct 8, 2017 7:30:41 PM IST Reply
Its nice

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Excellent

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