Upstox Stock Trading, Demat, Brokerage and Reviews 2021


41.41% 3,027,803 Clients

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 Web and Upstox Pro Mobile trading platforms.

Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.

Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platform makes it easy to place orders through mobile phones and web browser. Upstox trading platform is built on Omnisys NEST OMS (Order Management System) and Omnisys NEST RMS (Risk Management System).

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 Special Offers

Free Equity Delivery Trading & Mutual Funds

  • Pay Rs 0 Brokerage for Equity Delivery, Mutual Funds, and Digital Gold.
  • Pay flat Rs 20 for Intra-day and F&O Trades.
  • Trade with the best trading platform.

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


Upstox Charges 2021

  • Upstox Account Opening Charges: Rs 249
  • Upstox Demat AMC: Rs 300 per year

Upstox Equity Delivery & Intraday Charges

Upstox equity delivery brokerage is Rs 0 (Free). Upstox equity intraday brokerage is Rs 20 per executed order or 0.05% (whichever is lower).

Upstox ChargesEquity DeliveryEquity Intraday
BrokerageRs 0Rs 20 per executed order or 0.05% (whichever is lower)
STT0.1% on both Buy and Sell0.025% on the Sell Side
Transaction ChargesRs 325/croreRs 325/crore
Demat Transaction ChargesRs 18.5 per scrip (only on sell)Rs 0
GST18% (on Brokerage + Transaction Charges)18% (on Brokerage + Transaction Charges)
SEBI ChargesRs 5/CroreRs 5/Crore
Stamp Duty0.015% (Rs 1500 per crore) on buy-side0.003% (Rs 300 per crore) on buy-side

Upstox Equity F&O Charges

Upstox Equity F&O brokerage is Rs 20 per executed order or 0.05% (whichever is lower).

Upstox ChargesEquity FuturesEquity Options
BrokerageRs 20 per executed order or 0.05% (whichever is lower)Flat Rs 20 per executed order.
STT0.1% (on Sell Side)0.1% (on Sell Side)
Transaction ChargesRs 210/croreRs 5500/crore on premium turnover
Demat Transaction ChargesRs 0Rs 0
GST18% (on Brokerage + Transaction Charges)18% (on Brokerage + Transaction Charges)
SEBI ChargesRs 5/CroreRs 5/Crore
Stamp Duty0.002% (Rs 200 per crore) on buy-side0.003% (Rs 300 per crore) on buy-side

Upstox Currency Charges

Upstox Currency brokerage is Rs 20 per executed order or 0.05% (whichever is lower).

Upstox ChargesCurrency FuturesCurrency Options
BrokerageRs 20 per executed order or 0.05% (whichever is lower)Flat Rs 20 per executed order.
STTNo STTNo STT
Transaction Charges NSE: 0.00013% | BSE: 0.00062%NSE: 0.065% | BSE: 0.026% (on premium)
GST18% (on Brokerage + Transaction Charges)18% (on Brokerage + Transaction Charges)
SEBI ChargesRs 5/CroreRs 5/Crore
Stamp Duty0.0001% (Rs 10 per crore) on buy-side0.0001% (Rs 10 per crore) on buy-side

Upstox Commodity Charges

Upstox Commodity brokerage is Rs 20 per executed order or 0.05% (whichever is lower).

Upstox ChargesCommodity FuturesCommodity Options
BrokerageRs 20 per executed order or 0.05% (whichever is lower)Flat Rs 20 per executed order.
STT0.01% on sell trade (Non-Agri)0.05% on sell trade
Transaction Charges0.0031%0.002%
GST18% (on Brokerage + Transaction Charges)18% (on Brokerage + Transaction Charges)
SEBI ChargesRs 5/CroreRs 5/Crore
Stamp Duty0.002% (Rs 200 per crore) on buy-side0.003% (Rs 300 per crore) on buy-side

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 5 per Crore.

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

Visit Upstox Brokerage Charges Review for more detail.

Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online and start trading today.

Upstox Online Account Opening


Upstox Trading Software (Upstox 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.

 

Visit Upstox Trading Software Review for more detail.

Upstox Pros and Cons


Upstox Pros (Advantages)

The following are the advantages of Upstox. You must read Upstox advantages and disadvantages before opening an account with Upstox. Upstox pros and cons help you find if it suits your investment needs.

  • 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) and Cover Order are available on both web and mobile.
  • Trailing-Stop/Stop-Loss (SL) is available in both web and mobile.
  • Upstox Pro Web 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.
  • Online IPO Application (UPI) is available.

Upstox Cons (Disadvantages)

The following are the cons of Upstox. Check the list of Upstox drawbacks.

  • 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 on delivery trades.
  • 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 or lower 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 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.
  • Upstox NRI Trading and demat account is no more available (since Jan 2018).
  • Upstox doesn't offer API access for automated trading.

Open Instant Account with Upstox

Upstox Margin Exposure

Upstox margin for intraday trading is up to 6x based on the stock. Upstox F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Upstox F&O carry forward positions and equity delivery trades.

SegmentMargin
Equity Delivery1x (no margin)
Equity IntradayUp to 6x (based on the stock)
Equity Futures & OptionsIntraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures & OptionsIntraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity FuturesIntraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)

Note: As per the new margin policy by SEBI, the margin for trading will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 20x in any segment at BSE, NSE, and MCX. All full-service and discount brokers will provide the same margin exposure to customers.


Upstox Ratings

Overall Rating Rated 2.4 stars 2.4/5
Fees Rated 3.4 stars 3.4/5
Brokerage Rated 3.5 stars 3.5/5
Usability Rated 2.6 stars 2.6/5
Customer Service Rated 2.3 stars 2.3/5
Research Capabilities Rated 2.3 stars 2.3/5

Based on 117 Votes by Upstox Customers

Do you trade with Upstox? Rate Upstox


Upstox Complaint

The number of Upstox customer complaint received by the exchanges. The Upstox consumer complaint report helps understanding the Upstox quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2021-22 3,027,803 169 0.01%
NSE 2020-21 2,141,095 862 0.04%
BSE 2020-21 143,126 7 0%
NSE 2019-20 619,305 164 0.03%
BSE 2019-20 142,797 11 0.01%
NSE 2018-19 92,781 58 0.06%
BSE 2018-19 22,381 7 0.03%
NSE 2017-18 43,889 35 0.08%
BSE 2017-18 24,483 2 0.01%
NSE 2016-17 17,229 21 0.12%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit Upstox Complaints at BSE, NSE and MCX for detail report.

Frequently Asked Questions

  1. 1. What is Upstox account?

    Upstox account is a 2-in-1 account combining a trading and a demat account. The trading account gives you access to stock exchanges like NSE, BSE and MCX etc, while the demat account is used to hold securities like stocks, mutual funds etc., in electronic form.

    The upstox account allows investors to invest/trade in stocks, equity derivatives, currency and commodities. It also offers online mutual fund (regular and direct) in a lump sum or SIP way.

     

     

  2. 2. How to open Upstox account online?

    Upstox offers instant paperless online account opening to people who have an Aadhaar Card linked to their current phone number.

    Steps to open Upstox account online

    1. Request a callback from Upstox or visit www.upstox.com
    2. Enter Email and Mobile Number
    3. Validate with OTP
    4. Enter personal and bank details
    5. Upload Aadhaar Card, PAN Card, Income Proof (for derivatives trading), Signature (on a blank paper) and photograph.
    6. Review, confirm and submit the application.

    You can expect your account to be activated within the next 24 - 48 hours. The company will inform you through email and SMS.

     

     

  3. 3. Upstox is good or bad?

    Upstox is an online discount broker offering trading services in stocks and commodities. It is one of the 200+ large stock broker offering retail trading services, who are in the business for 10 to 25 years.

    No broker is good or bad. It depends if a broker suites your requirement for trading and investment.

    Read upstox review and compare it with top brokers to find which broker best suits you:

    Here are a few pros and cons of Upstox which may help you determine if upstox is good for you.

    Upstox Advantages and Disadvantages

    Upstox Advantages Upstox Disadvantages
    • Brokerage Free Equity Delivery segment
    • Ultra-low broker (Rs 20 per trade) for Intraday and F&O
    • Commission-free Direct Mutual Funds
    • Excellent online trading platform (Website and Mobile App)
    • Bracket and Cover Orders available
    • Margin against share is available
    • No neighborhood offices in your town. It's an online broker.
    • No personal relationship manager
    • No research and advisory services
    • No GTC Orders
    • Doesn't offer NRI trading account
    • Margin funding not available
    • Additional Rs 20 for Call & Trade orders
    • Additional Rs 20 for the auto square of intraday orders
    • It doesn't offer monthly unlimited trading plans.
    • It doesn't offer API to alog traders.

     

     

  4. 4. Who owns Upstox?

    Upstox is a private limited company owned by Mumbai based RKSV Securities Pvt Ltd. Mr. Ravi Kumar, Mr. Raghu Kumar and Mr. Shrini Viswanath are the co-founders of the company.

    The company is also backed by a group of investors including Ratan Tata, Tiger Global and GVK Davix.

    Upstox investor includes:

    • Tiger Global Management - 31.1% stake
    • Kalaari Capital Partners - 15.21% stake
    • GVK Davix Technologies - 2.54% stake.
    • Ratan Tata - 1.33% stake

    Remaining 50% stacks are with the promoters of the company which includes Mr. Ravi Kumar and Mr. Shrinivas Viswanath.

    The above shareholding is as of Jan 2020.

     

     

  5. 5. Is Upstox free?

    Upstox offers brokerage free equity delivery trades. For all other segments, it charges flat Rs 20 per executed order. Also, customers have to pay government taxes, exchange turnover charges, demat debit transaction fees etc.

    Upstox Brokerage

    Upstox Brokerage

    SegmentBrokerage Fee

    Equity Delivery

    Rs 0 (Free)

    Equity Intraday

    Rs 20 per executed order or 0.05% (whichever is lower)

    Equity Futures

    Rs 20 per executed order or 0.05% (whichever is lower)

    Equity Options

    Flat Rs 20 per executed order

    Currency Futures

    Rs 20 per executed order or 0.01% (whichever is lower)

    Currency Options

    Flat Rs 20 per executed order

    Commodity Futures

    Rs 20 per executed order or 0.01% (whichever is lower)

    Commodity Options

    Flat Rs 20 per executed order

     

     

  6. 6. Is Upstox trusted?

    Yes, Upstox is a trusted stock broker. Here are a few facts which make upstox trustworthy:

    • In the business for over 10 years.
    • Lakhs of retail customer trading online with upstox daily
    • SEBI registered broker.
    • Member of BSE, NSE and MCX exchanges.
    • No major violations reported in the audits by the exchanges so far.
    • Backed by prominent investors like Mr. Ratan Tata.
    • Profit making company with zero debt.

     

     

  7. 7. How to buy at Upstox?

    To buy shares, ETFs and mutual funds, you need to first open an account with upstox. Upstox opens 2 accounts, a trading and a demat account. The trading account is for buy/sell or securities and a demat account is to hold your securities in electronic format.

    Once your accounts are opened, you can then take the following steps to buy at Upstox:

    • Go to www.upstox.com or download Upstox Mobile App.
    • Login using user ID and password
    • Search for the desired security by entering a few characters of its name, say REL for Reliance
    • Enter the quantity, select order type, position etc.
    • Review your order and Confirm

    To watch a live demo of placing a buy order on the Upstox Pro web, you can watch this demo video.

     

     

  8. 8. How to buy IPO Upstox?

    Upstox offers an online IPO application. Upstox customers can apply in any IPO at BSE and NSE using their UPI ID.

    Steps to apply IPO through Upstox

    • Login to Upstox Pro Web or Upstox mobile app
    • Click on your customer name and customer ID on top right
    • Click on Apply for IPO link
    • Select the IPO you wish to apply by clicking the 'Details' button
    • Go to the bottom on IPO Detail page and click 'Place Bid' button
    • Enter UPI ID and choose Investor Type
    • Enter order quantity and price
    • Choose Cutoff-price checkbox if applying in the retail category
    • Review and place order
    • Approve the notification received on the BHIM app in 2 to 12 hours.

    If you have a upstox demat account, you can also apply in IPO using an online IPO facility offered by your bank using net banking. Almost all popular banks including ICICI, HDFC, SBI, Kotak, Axis Bank offer online IPO.

    You just have to mention your upstox demat account information in the IPO application form. The allocated shares are automatically delivered to your upstox demat account. You can sell them on the IPO listing day.

     

     

  9. 9. How to transfer money from Upstox to the bank account?

    To transfer money from your Upstox trading account to the bank account, you need to submit a 'Payout' request in the Upstox Pro Trading Website or Upstox Pro Mobile App.

    Steps for Fund Withdrawal using Upstox Website

    • Visit www.upstox.com
    • Hover over link 'Sign In' in the top navigation and click 'Pro Web'
    • Log in to the trading website
    • Click the 'Balance' link in the top right.
    • In the popup window, click the 'WITHDRAW FUNDS' button.
    • Enter the amount and click 'WITHDRAW' button

    Steps for Fund Withdrawal using Upstox Pro Mobile App

    • Login to the Upstox Pro Mobile App.
    • Click on the 'Funds' button in the bottom right
    • Click on 'Withdraw Funds' link
    • Enter the amount and click 'Withdraw Funds' button

     

     

  10. 10. How to earn from Upstox?

    Upstox runs a Partner Program wherein you can become a sub-broker and start referring customers from your network and outside, and earn commissions when they trade. You can earn 2 ways in this program:

    • Earn a part of the brokerage paid by your referrals
    • Earn incentives for referrals when they open a Upstox account

    Note:

    • Any individual or company can become a upstox partner.
    • No need for physical office or infrastructure.
    • Website, YouTube channel, Blog, etc. owners can also become a partner.
    • Only brokerage earnings are shared. Earnings from other sources i.e. Demat AMC, Demat Charges, Transaction Charges, Interest earning, software charges, etc. are not shared with a partner.
    • Partners get absolute freedom. No targets and no sells-pressure.
    • Excellent online partner portal to track your earnings and manage your clients.

     

     

  11. 11. How to close Upstox account?

    Upstox accounts can be close by submitting an account closure request form. An empty PFD form for closing the account is available for download on the upstox website.

    Note that you cannot close the Upstox account online or by contacting customer care on the phone or chat. It is an offline process where you have to sign a paper form and send it to the upstox office.

    Steps to close Upstox Account

    • Visit www.upstox.com
    • In the top menu, go to Support >> Download Forms
    • Go to 'Account Modification Forms' section
    • Download the 'Demat Account Closure' form
    • Print, fill and sign it.
    • Send it to the 'Correspondence Office' address mentioned on the top of the form.

    Note:

    • Before submitting the request for closing, make sure to clear all the dues, close open positions and transfer/sell demat holding.
    • If you do not get any confirmation in 7 days, follow-up with customer service.

     

     

  12. 12. Does Upstox allow BTST?

    No, Upstox doesn't allow BTST (Buy Today Sell Tomorrow) facility.

    They stopped offering BTST from 1st September 2020 after SEBI introduces the new margin policy.

    If you buy 1000 shares of TCS on 1st September 2020, you would be able to sell these shares only after these shares are credited in your demat account on T+2 days. It means you cannot sell these shares before 4th September 2020.

     

     


186 Comments

Vinit
186. Vinit  Jul 28, 2021 15:42 I Like It. | Report Abuse Reply
Makes advertise of zero charges & at the time of confirmation asks all the charges. Very third class customer care. They need not customer they are just interested in their own profit.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
ssss
185. ssss  Jul 28, 2021 14:01 I Like It. | Report Abuse Reply
....

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Excellent
Overall Experience - Excellent
Jhajjar
184. Jhajjar  Jul 26, 2021 16:11 I Like It. | Report Abuse Reply
Please don't be subprogram or partner for upstox.as they have all the way to simply avoid paying you any referral fee at all. I opened one as being partner and referred few of my links to open an account. I was surprised that no customers were added in my account and felt some kind of wrong there. So opened one of my friends account by self using the referral link and the same , no incentive. Then when I try to call their customer care , which I came to know not even existed. And then send an what's app message to said RM. upon talking to him later , he said , as the number was in their database entered some 3 months back. So me being pursuing that client to open account is worthless. So if some one look for an item at one shop but other shop gives good offer and feedback and sold the item , the fee should be paid to 2nd shop who sold it bot to 1st shop where the item was just checked.
sitaraman k iyer
183. sitaraman k iyer  Jul 26, 2021 16:09 I Like It. | Report Abuse Reply
Before Upstox taking over RKSV about 2 years ago, the performance was good
now detoriated I am thinking of closing my 3 accts
I dont recommend UPSTOX to anybody

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
arunava chakravarty
182. arunava chakravarty  Jul 25, 2021 23:08 I Like It. | Report Abuse Reply
Customer Service is extremely poor and all their representatives are unethical and always lies.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Below Average
Leo
181. Leo  Jul 24, 2021 14:42 I Like It. | Report Abuse Reply
i trade last year and my experience is upstox is best platform to trading. upstox team always help and time to time call for update feature and upstox RM locate every customer

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
Kapil
180. Kapil  Jul 18, 2021 21:15 I Like It. | Report Abuse Reply
I have charged 1000rs just to approve RMS even I never ask for that service....I opend account here due to Ratan Tata is promoter ..he is really a genuine person but upstox sucks...
Adarssh
179. Adarssh  Jul 17, 2021 12:28 I Like It. | Report Abuse Reply
Only 1 thing about upstox is the chart, i dont know why the chart after being zoomed out and went back few years it shows sudden drop in the stock price, though that's not the actual movement. For example, Today is 17/07/2021, When I open the chart for SBIN and look at the maximum data since the share was listed, It shows me SBIN price to be 2949 per share till 2015 then it shows a sudden drop at 349 after 2015 I dont know what's the issue??

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Research Capabilities - Average
Customer Service - Above Average
Overall Experience - Excellent
ranjana
178. ranjana  Jul 15, 2021 13:04 I Like It. | Report Abuse Reply
NO BTST ALLOWED. WORST EXPERIENCE LAGGING ALWAYS AND NOT A USER FRIENDLY WEBSITE

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Below Average
Overall Experience - Very Poor
Vipul chaudhary
177. Vipul chaudhary  Jul 7, 2021 11:23 I Like It. | Report Abuse Reply
I have already open trading account after 3-4 days ago, but account is not opened, so please help and check with your team and reslove the problem.
Sonal Dalvi
176. Sonal Dalvi  Jun 22, 2021 02:17 I Like It. | Report Abuse Reply
I hope someday Upstox folk read the string of messages here and pull up their socks, their product is absolutely appalling, it goes for a toss every time the volatility increases, their customer support is downright poor, and neither do they provide any research,
UPSTOX....IF YOU'LL ARE LISTENING, PROVIDE SOME RESEARCH ADVISORY SERVICES OR PRODUCTS, SMALL CASE IS NOT RESEARCH, ITS A JOKE,
I have another account with 5Paisa, I advise Upstox to access theri platform and see how seamless they are & more importantly the bouquet of offerings they provide, in last 3 months I've made more than 30% returns simply investing and trading through the advisory products on 5Paisa, honest suggestion to everyone here, move out ..if you don't like discount broker shift to a full serviced one like Motilal Oswal or IIFL atleast you'll have quality research, stop thinking about 200-500 bucks of brokerage that you save on these useless platforms..

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
kashish
175. kashish  Jun 19, 2021 16:01 I Like It. | Report Abuse Reply
Is there any restriction on buying of bank nifty stike price?
Syed Hussain
174. Syed Hussain  Jun 18, 2021 22:25 I Like It. | Report Abuse Reply
Absolutely shocking customer support, or I should say NON existant customer support, their claim of opening lacs of accounts every month sounds so fishy as wel, and to top it, their terminal is like TataSky, just as Tata sky goes for a toss during rains, similarly slight increase in volatility and their terminal goes kaput, forget trading one can't even login,if you don't trust me, just read the reviews on playstore and judge for yourself, I was so happy with Motilal Oswal, atleast they provide quality research and have state of the art tech, these discount clowns are an absolute disgrace to stock markets, they don't even provide research. Honest suggestion, run away from these discount brokers.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
shweta
173. shweta  Jun 17, 2021 10:52 I Like It. | Report Abuse Reply
no support at all

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
shweta
172. shweta  Jun 17, 2021 10:50 I Like It. | Report Abuse Reply
Upstox application and online website is worst, I am facing issue. Yesterday I had added funds, today morning it is showing zero while I did not make any trade. I lost the opportunity when market was low. After contacting chat team (first they will take too much time to come online) they said raise a ticket. for every simple issue they will not say anything in Chat but will tell to raise a ticket. The ticket will be responded in two weeks if you are lucky. Another issue I had bought mutual fund unit through upstox on 14th June but till today my account is not reflecting while the AMC had already allotted the units on 15th june and I have the statement from Kfintech and CAMS. Try other discount broker and not upstox, Upstox is just busy in advertising only.
suresh
171. suresh  Feb 7, 2021 18:24 I Like It. 1 | Report Abuse Reply
using this actively since 1 year. worse experience with customer care and application. last week application did not work for 4 hours which led to losses for me 50K.. no one is taking responsibility for this. what is the point of having low charges but getting these kind of losses.
seriously i would not recommend this bushtit broker. stay away from this. y
Rahul Malik
171.1. Rahul Malik  Jun 16, 2021 16:22 I Like It. | Report Abuse
Upstox has very poor customer care and support department and also notify the huge differences between booked profit and credited amount, I tried to clearify but after so many hrs of discussion the customers support just told me every time that we are trying to understand but they were never able to tell me where I s the profit amount is adjusted. Very poor, worst , pathetic. I made a big mistake by opening account on Upstox. Now I stucked and tried to transfer my portfolio to other platform but they are not telling me the procedure.
Saumil
170. Saumil  Jun 16, 2021 09:34 I Like It. | Report Abuse Reply
Upstox is full of shit
Do not open account in upstox..whenever you have a problem they attend after everything is over
Dr. Gaurav Gupta
169. Dr. Gaurav Gupta  Jun 10, 2021 19:21 I Like It. | Report Abuse Reply
UpStox claims that it provides early access to 60 international exchanges in 25+ countries. They don't have any such permission till date and thus they are decieving gullible customers. They are committing fraud because UpStox portal both before and during registration doesn't say that the service is yet to start. It is an offense under IPC 417, IPC 420, IPC 406 and New Consumer Protection Act 2019. And unless they stop duping people, the founders and its key employees are looking forward to a bright future in jail in not so distant future.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Neil
168. Neil  Jun 9, 2021 10:15 I Like It. | Report Abuse Reply
Please add GTT/GTC feature in Upstox too coz Zerodha has made it available for their users.
Devang Doshi
167. Devang Doshi  Jun 3, 2021 03:10 I Like It. 1 | Report Abuse Reply
ACCOUNT OPENING is the only activity these guys are busy with, their product is a joke, their terminal is a joke, incase of slight increase in volatility and their product goes for a toss, extremely poor customer service as well, if anyone's reading this, please don't waste your time with Upstox these guys don't offer any research either, Try something like 5Paisa if you'll want discount broker experience as they offer amazing third party products as well or stick to full service guys like IIFL , Motilal Oswal. If you don't trust me just read honest reviews on Google Play Store.
Also, a small humble message, incase any Upstox employee reads this : Pls stop burning money in sponsoring IPL & invest in your product, offer some research service as well, merely opening accounts won't take you anywhere.


Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Below Average
Research Capabilities - Very Poor
Customer Service - Below Average
Overall Experience - Below Average

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