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Upstox Trading Platform by RKSV - Review, FAQ and Detail

Published on Wednesday, July 1, 2015 by Chittorgarh.com Team | Modified on Thursday, September 16, 2021

Upstox Trading Platform by RKSV - Review, FAQ and Detail
Incorporated in 2011 as RKSV Securities, Upstox is a leading discount stock brokers in India. Upstox offer online Equity Commodity and Currency Derivatives trading services at BSE NSE and MCX.

Upstox Special Offers

Exclusive offer by Upstox

  • FREE Account Opening.
  • Get Rs 1000 brokerage credit.
  • Rs 0 Demat AMC.
  • Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 commission for Mutual Funds.

It is a limited-time offer. Open Instant Account and start trading the same day.

Frequently Asked Questions

  1. 1. What is Upstox in India?

    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 extremely easy to place orders through mobile or web browser. It's faster and free trading platform.

    Upstox is the Mobile and Website based trading platform offering trading, analysis, charting and many more rich trading features. Trading is offered on all the stock exchanges.

    To know more about Upstox, please visit following pages:

     

  2. 2. Why RKSV is offering brokerage free trading? How do RKSV make money by offering free trades?

    Brokerage free trading is available only in Equity Delivery segment. This segment is popular among beginners and long term investors. F&O is the main source of earning for discount brokers like RKSV. With free delivery trading, RKSV is trying to attract more customers who will eventually trade in other segments including intraday and F&O and pay brokerage.

     

  3. 3. I am using NEST trading platform provided by RKSV. Do I have to move to Upstox?

    In short term, No.

    In long term, Yes.

    As of now, it's up to the users to move. But as Upstox offers rich user interface, it make lot of sense for customers who uses mobile or website based trading to move to Upstox.

     

  4. 4. Does Upstock offers trading terminal?

    Upstox doesn't have installable exe based trading terminal. It only a mobile and web trading platform. But RKSV has plans to build a fully functional trading terminal in future.

     

  5. 5. Is it safe to trade on Upstox?

    Yes, it's as safe as NEST. All the orders are actually routed through NEST OMS (Order Management System). NEST OMS is Omnisys product use by many brokers in India.

     

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5 Comments

5. pikki kasirao   I Like It. | Report Abuse |   Link | Nov 30, 2019 9:26:26 AM Reply
dear sir iam day trader...deposit pending...5times.total 900rs...plz return my money upstox
4. Sanjay   I Like It. | Report Abuse |   Link | Jul 15, 2015 12:18:13 AM Reply
You can read about RKSV Demat Chages at:
https://www.chittorgarh.com/article/rksv_demat_account_charges_explained/102/
3. Sanjay   I Like It. | Report Abuse |   Link | Jul 14, 2015 11:17:26 PM Reply
Hi Charan,

Every time you buy or sell shares which are there in your demat account, you have to pay DP transaction changes to Demat Account provider, i.e. IL&FS in terms of RKSV.

Hope this will help.
2. Charan   I Like It. | Report Abuse |   Link | Jul 10, 2015 3:19:07 PM Reply
You still have to pay DP changes means?
1. shajijoseph   I Like It. | Report Abuse |   Link | Jul 9, 2015 3:57:16 PM Reply
upstox pro launched?how can i open an account n access it