Upstox Customer Reviews, Complaints and Feedback (Page 13)
-16.63% 2,401,555 Clients
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Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.
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 platfo...
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Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades.
Pay Rs 0 commission for Mutual Funds.
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Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.
Its customer support is pathetic infact one can consider it as completely non existant. For any problem every time a new executive would attend the problem and the entire thing has to be explained to them again and again. They won't go back through the trailing mail, same executive will not attend the problem again and they are completely determined to frustrate you and not provide any solution, no matter how serious the problem is.
Their knowledge about the market, rules, backoffice etc is very very poor. Frequently shares that you hold will not be visible in the trading platform, shares in the holding will not bear any name, entries not pertaining to you will reflect in your summary details.
Its good only for just trading, but if you ever face any problem or need any clarification zero support is available.
Ratings:
Brokerage - Excellent Account Maintenance Fees - Excellent Website Usability - Below Average Customer Service - Very Poor Overall Experience - Very Poor
Hi Chandan, It seems you are ignoring the taxes and demat transaction changes. Note that there are number of taxes on the trades. There taxes are explained in a table above. Every broker charge them.
1. Check the contact note you received from upstox.
2. Check the example from Zerodha by clicking below link as they offer similar pricing mode. This will help you understand how it works.
They keep cancel the orders often with a reasons either "server not ready or mid day reconciliation" although they will not inform you reaso they cancelled the orders. I faced twice resulted loss of R's. 7000/- bucks when I approached their customer care they says they are not able to refund.
I could have made profit of R's. 1000 if they didn't cancel my order.
They aren't even addressed my queries why did they cancel my order without intimation.
Don't open account with them, if you open you may face problems hence there is no issue from your end.
customer service is very poor....they dont know anything....also whenever u call it just tell ALL OUR EXECUTIVE ARE BUSY.....and after 4 min its says sorry we could not connect your call...pls try later....
Ratings:
Brokerage - Average Account Maintenance Fees - Average Website Usability - Above Average Customer Service - Very Poor Overall Experience - Below Average
Poor and bad service. 18 rs Hidden charges on delivery per selling tred
Ratings:
Brokerage - Below Average Account Maintenance Fees - Above Average Website Usability - Below Average Customer Service - Very Poor Overall Experience - Very Poor
38. Mohd Amjad|| Link|September 2, 2018 7:31:04 PMReply
Unauthorized debits and NO REFUND, debit for FREEDOM PLAN which does not exist as per company policy 2018, but NO REFUND. Cust. ID 220133
Doubtful one day all my capital would be debited without my permission and simple answer would be NO REFUND.
Ratings:
Brokerage - Average Account Maintenance Fees - Very Poor Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Very Poor
38.1. Ashok Patil|| Link|September 28, 2018 9:14:07 AM
Simply Extremely poor, you should stay away from this broker, lot of risk, due to their mistakes, they won't admit and argue a lot won't answer your valid queries.
Dont have negative point otherwise I will give that to upstox, I never seen in my life worst service like this. No coordination in staff, no proper answer giving customer care. Overall feddup with this. If anyone want more details I will share chat and recording details with customer care how worst they are.
Ratings:
Brokerage - Very Poor Account Maintenance Fees - Very Poor Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Very Poor
The customer service is pathetic. They donot provide solution to any problem and for any issues you will keep chasing the customer care without any support. I am using upstox for more than 1 year with 6 accounts of my family and friends.
Ratings:
Brokerage - Very Poor Account Maintenance Fees - Very Poor Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Very Poor
They have one size and if that does not fit you, the only option that they give you is walk away. Once they acquire your account they hold you for on ransom. They know that you will have to pay DEMAT charges for moving scrips and accounting becomes a nightmare to handle in middle of a tax year. Their customer service are the most arrogant amongst all the brokerages in the world that I have dealt with. Some fancy venture investments have made them very arrogant and I now repent opening my account with them.
Ratings:
Brokerage - Excellent Account Maintenance Fees - Average Website Usability - Below Average Customer Service - Very Poor Overall Experience - Very Poor
They opened my account over one call, now I am waiting to close my account from last month have sent documents twice and more than 100 emails and so many calls still waiting to close the account
Ratings:
Brokerage - Excellent Account Maintenance Fees - Above Average Website Usability - Above Average Customer Service - Very Poor Overall Experience - Very Poor
worst broker i have seen. mobile app not works properly. no proper support of your issues. They all are busy on trading during trading hour. Trading platform having lot of issues
Worst experience with the customer care. They will not give accurate information. Agent to agent will be the different information. They will delay in actions. I requested future option in my account. they took one week time till now it was not activated.
Ratings:
Brokerage - Below Average Account Maintenance Fees - Below Average Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Very Poor
How can one understand account opening with Upstox requires less time.? I started account opening on 20.02.2018. Still no response. Are upstox team really capable to provide services? .
Ratings:
Brokerage - Average Account Maintenance Fees - Average Website Usability - Below Average Customer Service - Below Average Overall Experience - Very Poor
Except Market Tips & advisory( they dont provide advisory), Upstox is better than any other broker in Indian Market with trading platform like Upstox Pro & its low brokerage makes it even more attractive. They have excellent backoffice website where we have easy access to our transaction history & all our trade summary available.
Ratings:
Brokerage - Excellent Account Maintenance Fees - Above Average Website Usability - Above Average Customer Service - Average Overall Experience - Above Average
They recently started f/o auto square off charges about 0.125./. On cash market prize not on premium on expiry. For single trade auto square off it will charges about 1500. how people get trade on such charges.i have just week open the account and from day one upstox charging different charges.
The penalty charges are much more than what ever benefits getting.
Total account goes in loss
Totally pathetic and quite the account
Ratings:
Brokerage - Very Poor Account Maintenance Fees - Very Poor Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Very Poor
Their knowledge about the market, rules, backoffice etc is very very poor. Frequently shares that you hold will not be visible in the trading platform, shares in the holding will not bear any name, entries not pertaining to you will reflect in your summary details.
Its good only for just trading, but if you ever face any problem or need any clarification zero support is available.
Ratings:
Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor