Upstox Trading Software Review | Download, Demo


97.66% 1,224,141 Clients

Upstox is a Mumbai based online discount broker (also called flat fee stock broker). The company is a part of RKSV Securities. The company is backed by reputed investors like Kalaari Capital, Ratan Tata, and GVK Davix. It offers online trading services in Equity, F&O, Currencies & Commodities. The company also offer Mutual Fund services to its customers.

Upstox is known in the market for its advanced trading platforms and low brokerage plans. It offers 2 plans Upstox Basic and Upstox Priority. In Upstox Basic, the brokerage fee is ₹20 per order or 0.05% of the trade value (whichever is lower). In Upstox Priority, the brokerage fee is ₹30 per order or 0.05% of the trade value (whichever is lower). The company charges zero brokerage on equity delivery trades.

The company has 1+ lakh customers and generates ₹15,000 crore in daily turnover.


Upstox Trading Software

Upstox's key USP is its advanced trading platforms. The company offers both, its own as well as partner platforms to the customers. Major trading platforms and tools offered by the company include-

  1. Pro Web (Web-based Trading Platform)
  2. Pro Mobile (Mobile Trading App)
  3. Algo Lab (Bridge for AmiBroker)
  4. Option Strategy Builder
  5. Order Generator

Upstox also provides its customers access to powerful 3rd party trading platforms like:

  • Dartstock (Desktop Trading Platform)
  • Nest Trader (Desktop Trading Platform)
  • Fox Trader (Desktop Trading Platform)

1. Pro Web (Web-based Trading Platform)

Pro Web is a web-based trading platform built using HTML 5 technology. The platform can be accessed from any browser on a desktop, laptop or mobile and offers a range of features to pro traders to analyze their trades, know the pulse of the market and trade fast and securely.

Key Features of the Upstox Pro Web Trading Platform are-

  • Create watchlists and track desired scrips
  • Powerful charting features with 100+ technical indicators
  • Fast order placements with Bracket Orders (BO) and Cover Orders (CO)
  • Pre-set your order preferences & quickly place orders during highly volatile times.
  • Customize workspaces and use widgets to personalize the trading experience
  • Access to various reports
  • View and monitor your portfolio
  • Keyboard shortcuts (hotkeys) for faster trading
  • Access to Upstox mutual funds platform
  • Notifications & Alerts
Upstox Pro

Upstox Pro Web Demo (Upstox Trading Platform Demo)

Upstox Pro Web offers a range of trading features. While the platform is user-friendly, traders may need some assistance in understanding some of the features of the platform. Upstox provides an interactive online demo for Pro Web. The Upstox Pro Web demo is available on the website wherein you can try out various features of the platform and know how it works.

Steps to Watch Upstox Pro Web demo

  1. Visit the website of Upstox
  2. Click on 'Products and Tools' on the top menu
  3. Click on 'Pro Web'
  4. On the Pro Web page, click on 'Try Live Demo' to watch and try various features of the demo

2. Upstox Pro Mobile (Mobile Trading App)

Pro Mobile is a mobile trading software built by Upstox for iOS and Android users. The mobile app enables Upstox customers to trade from anywhere. The Pro Mobile app has been downloaded by 2.5+ lakh users and has got high ratings (4.4/5) from the users in the app stores. It offers a range of features like-

  • Universal search tool to find stocks and contracts.
  • Access to multiple segments including NSE cash, Futures and Options, and Currencies scrips
  • Advanced charting features
  • Charts of multiple intervals, types and drawing styles
  • Over 100 technical indicators to apply on real-time charts
  • Place orders directly from charts
  • Set price alerts for instant updates
  • Create an unlimited number of watchlists
  • Access to real-time market feeds
  • Predefined watch-list of Nifty 50 and other indices
Upstox Mobile

Upstox Pro Mobile Trading App Download

The Upstox Pro Mobile app is available free to users. It is available for Apple iOS and Google Android smartphone users. The app can be downloaded from-

Google Play Store

Apple App Store


3. Algo Lab (Bridge for AmiBroker)

The Algo Lab is designed for traders who use AmiBroker AFL to write trading strategies and algorithms. They can integrate AmiBroker AFL with Upstox trading platforms and place their trades directly from AmiBroker. A dedicated panel on Upstox Pro Web and mobile is available for viewing, placing and modifying orders sent from AmiBroker.

There are 2 additional plugin tools available with Algo Lab- Interactive and Market Feed.

Interactive- This tool facilitates receiving of order signals from AmiBroker to Upstox. Other features of the tool are-

  • Get notifications every time your strategy on Amibroker AFL triggers an order
  • View and manage your orders and positions from the same screen
  • Modify and place your orders
  • View alerts organized by time, with the latest one placed first

To add Interactive plugin to Algo Lab, traders need to pay a monthly fee of ₹500.

Market Feed- This tool gives traders access to real-time OHLC (open-high-low-close) and EoD data. The data is available for different intervals from 1 tick to 1 month. Other features are-

  • Real-time EoD data of NSE Equity and NSE F&O Segment
  • Data is 100% adjusted for Corporate Actions
  • Access to Intraday historical data for 3 months and EOD historical data for 12+ years

The Market Feed plugin is available at a fee of ₹990 per month.

AmiBroker Software Free Trial

Upstox offers its customer AmiBroker Software Free Trial with interactive and market data feeds for 5 days.

Steps To Get AmiBroker Software Free Trial

  1. Open account with Upstox
  2. Visit the website of Upstox
  3. Click on 'Products and tools' on the top menu
  4. Click on 'Algo Lab'
  5. On the Algo Lab page, scroll down to the bottom and click on 'START FREE TRIAL'

4. Upstox Option Strategy Builder

Upstox Option Strategy Builder is designed for Futures & Options traders. The free options strategy builder software allows you to build different option and future products. You need to select 'Products' and 'Instruments' and based on your selection the tool provides you with all critical information like margin required for the strategy and the payoff graph to analyze the strategy and then make an informed decision on it.

Upstox Option Strategy Builder- How it works?

  1. Choose Exchange and Ticker (Stock name)
  2. Select Segment (Futures/Options), Expiry Date, Side (Buy/Sell), Type (Call/Put for Options) and Quantity
  3. You can add multiple instruments in a strategy
  4. The tool will generate the total margin requirements with a complete breakdown of various margin types like Span, VaR, Exposure etc.
  5. It will also generate the Payoff graph highlighting the payoff at various price points, break-even point, profit & loss values and zones.

Upstox Option Strategy Builder Download

The Upstox Option Strategy Builder is a web-based tool. The free option strategy builder software is available on the website of the Upstox.

Steps To Access Upstox Option Strategy Builder

  1. Visit the website of Upstox
  2. Click on 'Products and tools' on the top menu
  3. Click on 'Option Strategy Builder' under Tools and Calculators

Upstox Option Strategy Builder Demo

The Upstox Option Strategy Builder is an easy-to-use tool. However, if you want to know in detail about how it works then Upstox has a Youtube video where it explains in detail about the free option strategy builder software.


5. Upstox Order Generator

The Upstox Order Generator is a simple tool to create an order and share it with your friends. The tool is useful when you wish to discuss your trading ideas with others and take their opinion on it.

The Upstox Order Generator is available on the company's website. It is a web-based tool and simple to use.

Steps To Access Upstox Order Generator

  1. Visit the website of Upstox
  2. Click on 'Products and tools' on the top menu
  3. Click on 'Order Generator' under Tools and Calculators

Upstox Partner Platforms

Upstox also provides its customers access to partner platforms in addition to its own online trading software. Upstox customers can access the following 3 partner platforms-

  1. Dartstock (Desktop Trading Platform)
  2. FoxTrader (Desktop Trading Platform)
  3. Nest Trader (Desktop Trading Platform)

1. Dartstock (Desktop Trading Platform)

Upstox has partnered with iDarts to offer you the Dartstock trading platform. The desktop trading platform offers a range of features to identify trading opportunities, analyze each stock and trade efficiently. The key features of the Dartstock trading platform are-

  • Time & Sales Filter to scan markets with filters based on Quantity, Index, Sector or personalised watchlist group.
  • Live Scanner to scan markets for scrips with Highs & Lows for the day, week, month and year.
  • Trend Scanner to spot the bullish or bearish zones. It also monitors changes in the Open Interest (OI) of options.
  • Opportunity Finder to find scrips that fit the criteria of three that include PE Ratio, Market Cap, Traded Volume, Turnover, 1-year return etc.
  • Special watchlists for Resistance & Support Watch, high traded volume stocks, Intraday Recovery & Fall scrips.
  • Advanced charting tools with Intraday history & daily historical data, Compare charts scrip by scrip, chart templates and personalized charts.

Upstox Dartstock Download (Dartstock Software Download)

The Dartstock trading platform is downloadable software. The software is available for download from the Upstox website. You can download dartstock trading platform in your desktop, connect it to the internet and trade.

Steps For Upstox Dartstock Download (Dartstock Software Download)

  1. Visit the website of Upstox
  2. Click on 'Products and tools' on the top menu
  3. Click on 'Dartstock' under Partner Platforms
  4. On the dartstock page, scroll down to the bottom of the page and click on 'Download Dartstock'

Upstox Dartstock Demo (How To Use Dartstock)

The Dartstock trading platform offers many powerful features like scanners, data visualization tools, watchlists, charting features etc., to analyze and trade. Traders may require an understanding of certain features to use them efficiently. Upstox provides a video on 'How to Use dartstock' and explains its various capabilities and features.

Steps To Watch Upstox Dartstock Demo (Dartstock Software Demo)

  1. Visit the website of Upstox
  2. Click on 'Products and tools' on the top menu
  3. Click on 'Dartstock' under Partner Platforms
  4. On the dartstock page, scroll down to the bottom of the page and click on 'View Demo'

2. FoxTrader (Desktop Trading Platform)

Upstox offers its customers access to FoxTrader trading software. The platform is owned by Upstox partner Reliable Software India Pvt. Ltd. to bring you the. The desktop software allows traders to analyze markets with multiple charting tools, backtest their strategies and experience superior trading experience. Some of the key features of the platform are-

  • Easy Backtesting with 300+ studies and 200+ conditions to analyse past data.
  • Live Scanning to monitor markets in real-time.
  • Run strategies on charts and scanners.
  • Automate strategies with API.
  • View and monitor current positions, P & L.
  • Automate trailing stops & stop levels.

FoxTrader Pricing & Charges

The FoxTrader desktop software is chargeable. Traders need to pay a fee to access the trading platform. It is available in 2 plans- Standard and Premium. The FoxTrader pricing and charges are available here.

Upstox FoxTrader Download (FoxTrader Software Download)

The FoxTrader trading platform is an installable software. The software is available for download from the Upstox website. You can download FoxTrader trading platform in your desktop, and trade.

Steps For Upstox FoxTrader Download (FoxTrader Software Download)

  1. Visit the website of Upstox
  2. Click on 'Products and tools' on the top menu
  3. Click on 'FoxTrader' under Partner Platforms
  4. On the FoxTrader page, scroll down to the bottom of the page and click on 'Download FoxTrader'

Upstox FoxTrader Demo (How To Use FoxTrader)

The FoxTrader platform offers many powerful features like backtesting, scanners, and charting features etc., to analyze and trade. Traders may need some understanding of certain features to use them. Reliable provides demo videos explaining the various capabilities and features of the platform.


3. Nest Trader (Desktop Trading Platform)

Upstox also provides its customers access to Nest Trader platform. The platform is owned by Thomson Reuters and is one of the popular online trading platforms in India. Key features of the platform are-

  • Customizable interface with layouts, fonts, colours etc., to customize as per your trading needs.
  • Fast streaming data with quick refresh rates.
  • Stability at high loads.
  • Stream data to multiple monitors.
  • Advanced charting with multiple chart types and 60+ indicators.
  • Advanced Order Types like Cover Order and Bracket Orders.
  • Fully customizable hotkeys and shortcuts for faster trading.

Upstox Nest Trader Download

The Upstox Nest Trader software can be downloaded and installed in a desktop. You can trade using it from your home or office. The Nest Trader platform is available for download on the Upstox website.

Steps For Upstox Nest Trader Download ( Nest Trader Software Download)

  1. Visit the website of Upstox
  2. Click on 'Products and tools' on the top menu
  3. Click on ' Nest Trader' under Partner Platforms
  4. On the Nest Trader page, click on 'Download Now' to download Upstox Nest Trader

Upstox Call & Trade Facility

Upstox also offers Call-N-Trade services wherein customers can call the support team and place buy/sell orders. This facility is chargeable. ₹20 + GST on per executed order is charged for orders placed through call and trade facility.


Upstox Commodity Trading Software

Upstox offers commodity trading services. Upstox customers can use following trading platforms to trade in commodities-

  1. Pro Web
  2. Pro Mobile
  3. Dartstock Trading Platform
  4. Foxtrader Trading Platform
  5. Nest Trader Desktop Software

The steps to download the above online trading software is discussed above in their review sections.


Upstox Forex Trading Platform

Upstox offers currency derivatives trading. Upstox customers can use any of the trading software online to trade in currency Futures and Options. The steps to download Upstox trading software is discussed above.


Key Takeaways

  • Upstox offers a range of online trading platforms, both owned and partner platforms, to its customers.
  • Upstox doesn't offer a desktop software of its own but offers 3 powerful desktop platforms- Dartstock, Nest Trader and FoxTrader- from its partners.
  • It also offers 3 useful trading tools like Algo Lab (Bridge for AmiBroker), Option Strategy Builder and Order Generator to accentuate the trading experience.
Upstox Special Offer

FREE Equity Delivery Trading

Open Upstox Trading Account and get brokerage FREE Equity Delivery Trades (₹0 brokerage). Trade in Intra-day and F&O Trades at flat ₹20 per order.

Request Callback

Frequently Asked Questions

  1. 1. How to use Upstox?

    Once you have opened a Upstox account, you're ready to trade. You can choose any of the Upstox's trading software or its partner platforms to trade in the segment of your choice.

    Trading platforms and tools offered by the company include:

    • Pro Web (Web-based Trading Platform)
    • Pro Mobile (Mobile Trading App)
    • Upstox MF (Online Platform For Direct Mutual Funds)
    • Algo Lab (Bridge for AmiBroker)

    Upstox also provides access to 3rd party trading platforms like:

    • Dartstock (Desktop Trading Platform)
    • Nest Trader (Desktop Trading Platform)
    • Fox Trader (Desktop Trading Platform)

    You need to login to the platform using the login ID and password provided in the welcome letter. Once login, you could buy/sell Shares, ETFs, F&O, Mutual Funds and apply in IPO.

     

  2. 2. What is Upstox Pro?

    Upstox Pro is the flagship trading platform offered by Upstox. It is available in 2 variants:

    1. Pro Web - A trading website that can be accessed through a web browser.
    2. Pro Mobile - A mobile trading app for iOS and Android phones.

    Both the Upstox Pro Web and Pro Mobile are available for free to change to its customers. They are built in-house and use Omnesys RMS, OMS and API in the backend, similar to Zerodha Kite.

    Customers need to log in to Upstox Pro to access stock exchanges and place buy/sell orders. Upstox Pro offers many advanced trading features like charts with 100+ indicators, live market data, one-click orders etc.,

     

  3. 3. How to use Upstox Pro?

    Upstox Pro is an online trading software offered by Upstox, a leading stock broker in India. Upstox Pro comes in two versions; HTML web-based and mobile app. You can use any of the Upstox Pro trading platforms for free. A live demo of the Pro web-based trading platform is available on the company's website.

    Upstox Pro Web

    To use upstox pro web:

    1. Open website https://pro.upstox.com/ in a web browser
    2. Login with user id and password
    3. Click + sign-on the left side to add stock to watchlist
    4. Click on [B] or [S] button next to the added stock to buy or sell.

    Upstox Pro Mobile

    To use upstox pro mobile:

    1. Download and open Upstox Pro Mobile app on your phone
    2. Login with user id and password
    3. Open the 'Watchlist' by clicking the first button at the bottom.
    4. Search and add the stock
    5. Click the 'Buy' or 'Sell' button at the bottom.

     

  4. 4. How to buy stocks in Upstox?

    Upstox customers can buy stocks using upstox online trading platform including upstox pro web or upstox web mobile.

    Upstox Pro Web is a trading website that can be accessed from any device with a web browser. Upstox Pro Mobile is a mobile trading app for Android and iOS.

    Steps to buy stocks in Upstox Pro Web

    To buy shares in upstox pro web:

    1. Open website https://pro.upstox.com/ in a web browser
    2. Login with user id and password
    3. Click + sign on the left side to add stock to watchlist
    4. Click on the [B] button next to the added stock to buy stocks.

    Steps to buy stocks in Upstox Pro Mobile

    To buy stocks in upstox pro mobile:

    1. Download and open Upstox Pro Mobile app on your phone
    2. Login with user id and password
    3. Open the 'Watchlist' by clicking the first button at the bottom.
    4. Search and add the stock
    5. Click the green 'Buy' button at the bottom.

    Note:

    • Transfer funds from a bank account to your trading account before placing a buy order.
    • Shares are credited in your demat account in T+2 days where T is the day of trading.

     

  5. 5. How to buy options in Upstox?

    Upstox customers can buy options online using one of the trading platforms offered by the company. Upstox offers few trading software including Pro Web, Pro Mobile, NEST, etc.

    Steps to buy Options in Upstox Pro Web

    1. Open https://pro.upstox.com/ in a web browser
    2. Login with user id and password
    3. Click + sign on the left side to add an option contract to watchlist
    4. Click on the [B] button next to the added contract to buy it.

    Note: Click on the '+' button available at the top of your screen. On the drop-down menu click on the 'Option Chain' tab and the widget will be added to your workspace.

     

  6. 6. What is the keystone Upstox?

    Keystone is the back-office software of Upstox. It is also known as Upstox Dashboard. Customers can log in to the software to view their trading activities. It provides information on:

    • Open positions
    • Trade-wise Reports
    • Trade Summary Report
    • Holdings
    • Bill Summary & Details
    • Ledger
    • Profit & Loss Statement
    • Referral Earning Report
    • Payout Request & History
    • Submit a Buyback Request

    The dashboard uses the same login id and password as Upstox Pro Web or Upstox Pro Mobile.

     

  7. 7. How to login Upstox back office?

    Upstox Dashboard (formally Keystone) is the back-office software for upstox customers. It offers a wide range of trade reports, holdings, ledger, profit & loss statements, referral and fund transfer services.

    Note:

    • Upstox back-office Dashboard is only available in website form. There is no mobile app for this.
    • It uses the same user id and password as Upstox Pro Web and Pro Mobile.

    Steps to login to Upstox Back Office:

    1. Visit Upstox.com website
    2. Click on 'Sign in' >> 'Dashboard'
    3. Login with 6 digit client id and password

     

  8. 8. How to change the email in Upstox?

    Upstox customer can change their registered email by submitting an online request through its back office (Dashboard).

    Steps to change the email in Upstox

    1. Visit Upstox.com website
    2. Click on 'Sign in' >> 'Dashboard'
    3. Log in with 6 digit client id and password
    4. Click on 'Service Request' box
    5. Click on 'Change your Email' link in the personal detail section.
    6. Enter your new email address and click 'Verify Email' button
    7. Enter the OTP sent to your new Email ID

     

  9. 9. How to enable exchange in Upstox?

    You get automatic access to BSE and NSE while opening the account. If you want to add MCX or derivatives (F&O), you can do it online through Upstox Pro web or android app.

    Steps to enable exchange in Upstox

    1. Visit upstox.com
    2. Click on 'Sign in' >> 'Pro Web'
    3. Log to Upstox Pro Web
    4. Go to 'Profile' section by clicking your name on top right
    5. Click on 'Add new Segments' button
    6. Choose the segment you want to add.
    7. Upload the required documents.
    8. Enter the OTP received on your mobile number

    The exchange will be added within 24 to 72 working hours.

     

  10. 10. Is Upstox NEST free?

    Yes, NEST Trader is available at free of cost to all upstox customers. NEST Trader is an installable trading terminal designed for frequent traders.

    The platform offers many features like customizable interface, high-speed trading, advanced charting, multi-monitor support and support for Cover Order and Bracket Orders etc.

     

  11. 11. Is Dartstock free for Upstox?

    Yes, Dartstock is free for Upstox customers. Dartstock is an installable trading terminal for advance traders. The platform offers many powerful features like data visualization tools, scanners, watchlists, charting features etc., to analyze and trade.

     

  12. 12. What is a haircut in Upstox?

    Haircut in upstox is the difference between the current market value of a security and its value calculated for pledging as collateral.

    Say, you have 100 shares of SBI currently trading at ₹400. So, the current market value of your stocks is ₹40,000. However, if you pledge the stocks as collateral to avail loan against shares, the broker will deduct a haircut to account for any downward swing in the price of SBI share in the future. The haircut differs from stock to stock.

     

  13. 13. What is holdings in Upstox?

    Holdings in Upstox means all the securities like shares, mutual funds and bonds etc., held in your Upstox demat account. It includes only those securities that are credited in your demat and not those which are bought during intraday trades. Note that it takes T+2 days to get the securities delivered to the demat account where T is the day of buying.

     

  14. 14. What is IOC in Upstox?

    IOC in Upstox stands for an Immediate or Cancel (IOC) order. Such orders are either executed immediately or failing which are canceled. A partial match of the order, if available can be executed with the remaining order getting canceled.

    For example, if you place IOC order for 100 shares and only a price match for 40 shares are available then the order for 40 shares will be placed while the rest 60 shares will be canceled.

     

  15. 15. What is validity in Upstox?

    The validity in Upstox means the period for which a placed order is valid. The price of a stock moves up and down regularly and order is executed only when the matching price is available.

    When placing buy/sell order with Upstox, you have the option to choose one of the 3 validity types-

    • Day: Here the order is valid till date and the order will be executed anytime the price match is available.
    • IOC (Immediate or Cancel): The order is executed immediately or canceled.
    • VDT (Valid till Date): The order can be executed within the set date.

     

  16. 16. How to do BTST in Upstox?

    BTST in Upstox is short of Buy Today, Sell Tomorrow facility. BTST is designed to take advantage of price movements in 2 days and sell the shares without taking their delivery.

    Upstox offers BTST to all customers.

    There's no special order type for BTST trades. Simply place a delivery order (Cash & Carry or CNC) to Buy stock on day 1 and Sell it the next day. This type of order will be considered as BTST.

     

  17. 17. How to buy futures in Upstox?

    Upstox clients can buy futures online using Upstox online trading platform. Customers can choose one of the free trading software's including Pro Web, Pro Mobile, NEST, etc to buy and sell futures derivatives.

    Steps to buy Futures in Upstox Pro Web

    1. Open https://pro.upstox.com/ in a web browser
    2. Login with user id and password
    3. Click + sign in left side to add a future contract to watchlist
    4. Click on [B] button next to the added contract to buy it.
    5. Enter order details like price, quantity, order type, positions, validity etc
    6. Review and Confirm

     

  18. 18. How to buy ETF in Upstox?

    Upstox clients could buy ETFs (Exchange Traded Funds) online using one of the trading software offered by upstox. You can place an order to buy ETF using Upstox Pro Web, Pro Mobile, NEST Trader, etc.

    The process to buy ETF is the same as buying shares or F&O contracts in upstox. You have to log in, add to the watchlist and place a buy order.

    Steps to buy ETF in Upstox Pro Web

    1. Open https://pro.upstox.com/ in a browser
    2. Login with user id and password
    3. Click + sign in the left side to add an ETF to watchlist
    4. Click on the [B] button next to the added ETF to buy it.
    5. Enter order details like price, quantity, order type, positions, validity etc
    6. Review and Confirm

     

  19. 19. What is Upstox API?

    Upstox API enables you to get real-time data required to build a trading platform. Every trading platform needs access to live data to facilitate trading across exchanges. Developers can use the API to feed live data for their own trading platforms. However, as per a company's communication, this service is only available to closed-group users currently.

    Note: On Sept 30, 2019, Upstox announced that it is restricting API services to a closed group of users only.

     

Contact Upstox / Request Call Back

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Information on this page was last updated on Saturday, June 6, 2020


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