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Upstox FAQ (Upstox Frequently Asked Questions)


Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro ... Know more about Upstox

Do you have questions about Upstox share trading account or Upstox demat account?

Get all your share trading doubts and questions answered by reading the Upstox demat, trading account information FAQ. All Upstox questions, Upstox q&a, Upstox faq and Upstox questions and answers.

Special Offer: FREE Account Opening (₹300 waived) (Until 17th May) + FREE Eq Delivery Trading + flat ₹20 per order for Intraday and F&O. Get the Exclusive Offer

Is BTST available in Upstox?

Yes, BTST (buy today - sell tomorrow) facility is available with Upstox.


Is STBT available in Upstox?

No, STBT (sell today - buy tomorrow) is not available with Upstox.


Does Upstox allow adding custom technical indicators on its trading software?

No, custom indicators are not allowed.

But they have over 150+ indicators. These indicators are configurable. This means you could set the parameters as per your choice.

The list of 150+ indicators covers mostly all of them needed by a trader.


What is Upstox?

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 Omnesys 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.


What is the difference between RKSV and Upstox? What is the relationship between RKSV and Upstox?

Incorporated in 2009, RKSV Securities is Mumbai, India based discount share broker.

Upstox is the trading platform offered by RKSV. Upstox trading apps use Omnesys API's. It is built on Omnesys order management system (OMS) and Risk Management System (RMS) as backend. Omnesys is a Thomson Reuters company offering the trading platform to many clients. Upstox was launched in on Aug 15, 2015.


What do you mean by free trading using Upstox?

Upstox offers brokerage free trading in Equity Delivery segment. This means the customer doesn't have to pay any commission for trading in equity delivery segment (or Cash & Carry segment).

Note:

  • Free trading is available only in Equity Delivery segment. For all other segments, the brokerage of Rs 20 per trade is charged.
  • You still have to pay DP changes and taxes in Equity Delivery trades.
  • There is no software uses fee.

Why is RKSV offering brokerage free trading? How does 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 most brokers. With free delivery trading, Upstox is trying to attract more customers whom it expects to eventually trade in other paid segments and avail other add-on services like investment in mutual funds, margin funding etc.


What is the difference between Upstox and Upstox Pro?

Upstox is available in two version:

  1. Upstox (or Upstox Basic) - Upstox offers basic trading features in Equity Delivery segment through mobile and website. RKSV doesn't change any brokerage (no hidden fees) for trading in Equity Delivery segment using Upstox.
  2. Upstox Pro - Upstox Pro is the great trading platform for frequent traders; traders who trade in intraday 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 with just a few clicks.
    Upstox Pro provides advanced charting for professional traders for technical analysis. It also offers a wide range of indicators, chart types, data-rich user interface.

Does Upstock offer installable trading terminal?

The upstox platform doesn't have installable exe based trading terminal. It only a mobile and web trading platform. But RKSV offers few third party trading terminals including Omnesys NEST, Dartstock, and FoxTrader.


Is it integrated with the Back office?

Yes, upstox trading apps are well integrated with the back office.


Is it safe to trade on Upstox?

Yes, it's as safe as any other trading platform or broker. All the orders are actually routed through NEST OMS (Order Management System). NEST OMS is Omnesys product used by many brokers in India.


AMO/BO/CO are available with mobile or web platform?

All three are available on both web/mobile platform. The Cover order and bracket orders are available for both Equity and Commodity trading.


Can we invest in MFs using upstox?

RKSV offers MF's through a separate website. The upstox apps have a link to this mutual funds investment website of RKSV.

Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you.


If Equity Delivery Trading is free in both Upstox Basic and Upstox Pro, why should I open Upstox Basic account?

The major difference between Upstox and Upstox Pro is the trading platform (or trading website).

Upstox basic trading website is built for investors (not for traders). It has limited feature but enough for an investor who buys and sell share once in a while. It's simple, easy to use and fast.

Upstox Pro trading website is built for Intraday and F&O traders. It has rich trading features of conventional trading terminals.

If you are a share market investors (who mostly does delivery based trading), it's recommended to have Upstox basic which is simple.


Why doesn't upstox offer exe based trading terminal which can be installed on my computer?

Installable trading terminal is an old concept when the internet speed was slow and computers were not that powerful. Today, most computers are fast and have excellent internet speed.

Today's brokers are investing in building a web-based trading platform which provides equal experience as trading terminal. Upstox Pro is a similar trading application where the only system requirement you have is the web browser. Upstox Pro offers a fully functional trading terminal with live data updates, shortcut keys, and widgets to adjust the screen in your browser.

One of the biggest advantages of Upstox Pro is that you don't have been dependent on one single computer, unlike traditional exe based installable trading terminal. You can trade from any computer which has a web browser and get the similar features as a trading terminal.


Does upstox offer Algo-trading facilities?

No, upstox do not have any service that let you program your Algo strategies.


Does Upstocks offer have SL and Trailing SL features?

Yes, both Trailing-Stop/Stop-Loss are available with upstox. These features available for both Equity and Commodity Trading.


Does upstox trading platform have the advanced strategies like Ichimoku Trend Trading with ADX Indicator?

No, integration to advanced strategies is not available.


How long the shares stay in your beneficiary account (for third-party demat linking)?

Shares would be held in beneficiary account for 15 trading days. If you wish to get the same transferred to linked demat account or hold in beneficiary for few more days, they do so. Note that shares cannot be held in beneficiary for more than a quarter as per regulatory guidelines.


Does upstox provide BO & CO or Trailing SL facility in commodity?

Yes. Cover Orders (CO), Bracket Orders (BO) and Trailing Stop Loss Orders are available at Upstox in both Equity and Commodity.



Which type of stockbroker Upstox is?

Upstox is a Discount Broker.


In which stock or commodity exchanges in India I can trade through Upstox?

Upstox offers to trade at BSE, NSE, MCX.


How much does Upstox charges for account opening?

Upstox charges ₹150 (Eq and F&O), ₹150 (MCX) to open a trading account.


What are Upstox annual maintenance charges (AMC)? How much is the Upstox AMC for the trading account?

₹0


How much does Upstox charges for Demat Account opening?

₹0


How much is Upstox Demat Account Maintenance Charges (AMC)?

₹150


Is Demat account mandatory with a trading account at Upstox?

No, Demat Account is not mandatory when opening a trading account with Upstox.


What are the Upstox brokerage charges for equity delivery trading?

₹0


How much does Upstox charge for equity intraday trading (day trading of shares)?

₹20 per trade or 0.01% (whichever is lower)


What are the Upstox equity futures brokerage charges?

₹20 per trade or 0.01% (whichever is lower)


How much does Upstox charges for equity options trading?

₹20 per trade or 0.01% (whichever is lower)


What are Upstox commodity future brokerage charges?

₹20 per trade or 0.01% (whichever is lower)


What are Upstox currency derivatives (future) brokerage charges?

₹20 per trade or 0.01% (whichever is lower)


Upstox currency derivatives (options) brokerage charges?

₹20 per trade or 0.01% (whichever is lower)


How much is the minimum brokerage charged by Upstox?

₹0

Contact Upstox / Request Call Back

NamePhone
EmailCity
State
Are you a day trader?

What are Upstox transaction charges for equity delivery trading?

NSE ₹325 | BSE ₹275


What are transaction charges for equity intraday trading (stock day trading)?

NSE ₹325 | BSE ₹275


What are the equity futures exchange transaction charges at Upstox?

NSE ₹210


Upstox transaction charges for equity options trading?

NSE ₹5500


Upstox transaction charges for futures (currency derivatives trading)?

₹150


Upstox transaction charges for options (currency derivatives trading)?

₹6000


How much is the transaction charge for commodity trading at Upstox?

MCX ₹260/Cr


Does Upstox offer equity (share) trading?

Yes. You can trade in equity segment with Upstox.


Can I apply for an IPO through Upstox?

No. You can't apply in IPO if you have a trading account with Upstox.


Does Upstox offer to invest in Mutual Funds?

No. You can't buy/sell Mutual Fund if you have a trading account with Upstox.


Can I buy or trade Bonds and NCD with Upstox?

No. You cannot trade in bonds and NCD with Upstox.


Does Upstox offer commodity trading?

Yes. You can trade in commodity segment with Upstox.


Does Upstox offer currency derivative trading?

Yes. You can trade in currency derivative segment with Upstox.


Does Upstox offer order type bracket order (BO)?

Yes. Upstox offer Bracket Orders (BO).


Does Upstox offer cover order?

Yes. Cover Order (CO) is available with Upstox.


Does Upstox offer Buy Today Sell Tomorrow (BTST) order?

Yes. BTST orders are avaibale with Upstox.


Does Upstox offer order type sell today buy tomorrow (STBT)?

Yes. STBT order are available with Upstox.


Does Upstox offer after trading hours order or after market order (AMO) or off market orders? Can I place orders after trading hours; the orders which gets executed when market opens next time? Can I place an order when the market is closed?

Yes. You can place 'After Trading Hours' Order with Upstox. The After Hour Sessions enable you to place orders even when the market is closed. The timings of the After Hour Order varies by broker to broker. Most brokers allows to place the AMO orders between 3:30 PM to 9:00 AM on trading day and 24 hrs on non trading day (weekends or trading holidays).

Note: After hour facility for order placement may not be available certain segments. Please check with the broker for more detail about this service.


Can I place Good Till Cancelled (GTC) orders though Upstox? With Good Till Cancelled trading orders; order remains in the system until you cancels it or they gets executed.

No. You cannot place GTC Orders with Upstox.


Does Upstox offer margin funding for share / commodity trading?

No. Margin funding is not available when trading with Upstox.


Upstox uses which trading platform or trading software?

Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola


What is Upstox intraday square-off time?

Upstox square-off intraday trades at 3:15 PM.


Does Upstox offer 24x7 customer service?

No. Upstox doesn't provide 24x7 customer service.


Does Upstox provide customer support through online Chat?

No. Upstox doesn't provide customer service through Chat service online.


Does Upstox offer customer service through local branch offices?

No. Upstox doesn't offer customer service through local branch offices, local partners or franchises.


Does Upstox publish daily market research reports?

No


Does Upstox provide trading tips or investment strategies?

No. Upstox doesn't provide free tips for stock and commodity trading to its customers.

Upstox Special Offer

Limited Time Offer - Free Account Opening (₹300 waived) until May 17th 2019

Open Upstox Trading Account and get FREE Trading, Demat and Mutual Fund Account + FREE Equity Delivery Trades (no brokerage) + Intraday and F&O Trades at flat ₹20 per order.

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