How does Upstox work?

Upstox is an online discount broker. It offers most of its services online and has a very limited physical presence. The company only offers trading and mutual fund services and doesn't offer add-on services like research, wealth management, relationship manager, etc.

Customers need to open an account with the company to access its online trading and investment services. Upstox works on a fixed brokerage model wherein it charges a flat brokerage fee of Rs 20 per executed order irrespective of trade value.

Buy & Sell orders can be placed using homegrown trading platform Upstox Pro and through 3rd party trading software i.e. Fox Trader.

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