In this Blog post, we will look at various Upstox Charges for Upstox Account Opening.
Additionally, we will also look at Upstox Charges structure and trading commission rates.
About Upstox
Upstox is one of the fastest-growing discount brokers in India that provides investors with various investment and trading solutions through Upstox Demat Account for trading and buying mutual funds and equities.
Upstox is a discount broker and thus Upstox Charges are low compared to other brokers in India.
Upstox Charges
Upstox charges are as follows.
| Upstox Charges | Equity Delivery | Equity Intraday | Equity Futures | Equity Options |
|---|---|---|---|---|
| STT/CTT | 0.1% on both buy & sell. | 0.025% only on sell. | 0.1% only on sell. | 0.1% only on sell. |
| Transaction Charges | NSE: 0.00325% per trade on buy & sell. BSE: charges vary as per the scrip group | NSE: 0.00325% per trade on buy & sell. BSE: charges vary as per the scrip group | NSE: Exchange turnover charge: 0.0019% Clearing charge: 0.0002% | NSE: Exchange turnover charge: 0.05% Clearing charge: 0.005% |
| Demat transaction charges | Rs. 18.5 per scrip per day only on sell. | No charges | No charges | No charges |
| GST | 18% (on brokerage + transaction + demat charges) | 18% (on brokerage + transaction charges) | 18% (on brokerage + transaction & clearing charges) | 18% (on brokerage + transaction & clearing charges) |
| SEBI Charges | Rs. 15/crore | Rs. 15/crore | Rs. 15/crore | Rs. 15/crore |
Upstox Charges for Account Opening
Upstox Demat Account Opening charges are Rs 0. However, if you pay Rs 249, you get Rs 400 as Brokerage Credit. There are two more plans Upstox Offers to Open Demat Account.
- Rs 499 Plan with Brokerage Credit of Rs 1000
- Rs 999 Plan with Brokerage credit of Rs 3500
Upstox always offers Upstox Coupon Code so that you can open a FREE Upstox Demat Account.
If you opt to open a Upstox Demat Account offline, you will be charged an additional Rs 100 to process physical account opening forms and documents.
Also, after Upstox Account Opening is complete, you automatically open a trading account when you can choose the segments to trade-in.
Upstox Charges for Annual Maintenance
Account Maintenance charges of Upstox Demat Account is Rs 25/ month, which will be charged at the end of every month.
These charges will be debited from your Trading and Demat Account account.
| Upstox Demat Account | Charges |
|---|---|
| Demat AMC Charges | Rs. 25 per month |
| Trading AMC Charges | Free |
| Margin Money | Zero |
Upstox Brokerage Charges
Upstox Brokerage charge for Equity Delivery Trading is ZERO.
For equity intraday trades, Upstox brokerage charges are Rs. 20 per order or 0.05% (whichever is lower) for both buy and sell orders.
You can use the Upstox Brokerage Calculator to find Upstox Brokerage Charges expenditure in various segments.
| Upstox Charges | Equity Delivery | Equity Intraday | Equity Futures | Equity Options |
|---|---|---|---|---|
| Brokerage | Rs 20 per executed order or 2.5% (whichever is low) | Rs. 20 per executed order or 0.05% (whichever is lower) | Rs. 20 per executed order or 0.05% (whichever is lower) | Flat Rs. 20 per executed order. |
Other Upstox Charges
Other Upstox Charges ( Hidden Charges) are as below.
- Call & Trade: Upstox Charges Rs 20 per executed order for Call & Trade option.
- Physical contract notes: Upstox Charges Rs 25 per contract note plus courier charges. (Digital contract notes are free).
- Instant Money Transfer Fee: Upstox Charges Rs 7 per transfer for instant money transfer.
FAQs – Upstox Charges
What are Upstox monthly charges?
A monthly maintenance charge of Rs. 25 (excluding GST) is applicable only on demat accounts. This will be charged at the end of every month.
Is Upstox free now?
Yes, the Upstox account opening is free with a ₹249 prepaid brokerage plan. The company currently does not charge any account opening fee for individual trading accounts.
What are the brokerage charges in Upstox?
The Upstox Brokerage Charge for Equity delivery is free and for other all segments, the charges are Rs 20 or 0.05% per executed trade, whichever is lower.
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