FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Open Instant and Online account with Upstox in 15 mins.
Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.
Here are the top reasons to trade with Upstox;
Upstox is the registered name of RKSV Securities Pvt Ltd, founded in 2010. It is a technology-driven discount broker that offers the best-in-class platforms for trading and investing. Its super-fast yet user-friendly trading platforms, free account opening with zero AMC and competitive flat brokerage charges have made Upstox one of the best discount brokers in India. Read the full Upstox review 2023 to the end.
The broker is a registered trading member of BSE, NSE and MCX which allows us to trade or invest in stocks, equity derivatives, commodities and currencies. Upstox is a flat fee broker that charges Rs 20 per trade irrespective of the segment you trade in and volume traded. No brokerage fee is charged for IPOs and mutual funds.
Whether you are a professional trader or an investor, Upstox has the best platforms for you. Upstox platforms are available in two modes/versions: Upstox Pro (for traders) and Upstox (for investors).
Upstox Pro App and Web is designed for frequent traders with many advanced features like option chain analysis, advanced TradingView desktop platform, hundreds of technical indicators, multi-chart setup, stock research, fundamentals, FII and DII data and much more.
And Upstox for Investors provides all the basic features needed for investing in stocks, IPOs, mutual funds, SGBs and ETFs.
The broker has many value-added features for traders and investors like you, such as option strategy builder, cover order, GTT order, brokerage calculator, live news update and Uplearn learning platform.
Current offere from Upstox for InvestorGain Visitors:
Upstox is a low-cost broker that charges you only a flat Rs 20 as brokerage fee, irrespective of the segment you trade in and the volume traded. The brokerage fee is the same as charged by other popular brokers Zerodha, 5paisa and Fyers.
The broker charges a lower of Rs 20 or 0.05% on all intraday and F&O trades in stocks, currencies and commodities.
For delivery trading or investment in stocks, a lower of 2.5% or Rs 20 per order is charged.
Thus, the maximum brokerage is Rs 20 per executed order.
Trading Account Opening Charges: | Promotion offer: Free |
Trading Account AMC: | Free |
Demat Account Opening Charges: | Free |
Demat Account AMC: | Free |
Here we are comparing Upstox with its 5 close competitors, who are currently market leader in brokerage industry.
Broker | Upstox | 5paisa | Zerodha | Fyers | Paytm Money |
Service Type | Discount Broker | Discount Broker | Discount Broker | Discount Broker | Discount Broker |
Brokerage Range | Rs 20 | Rs 20 | Rs 20 | Rs 20 | Rs 20 |
Account Type | 3 in 1 | 2 in 1 | 3 in 1 | 2 in 1 | 2 in 1 |
Equity Delivery | 2.5% or Rs 20 whichever is lower | Flat Fee Rs 20 | Free | Free | 2.5% or Rs 20 whichever is lower |
Equity Intraday | 0.05% or Rs 20 whichever is lower | Flat Fee Rs 20 | 0.03% or Rs 20 whichever is lower | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower |
Equity Futures | 0.05% or Rs 20 whichever is lower | Flat Fee Rs 20 | 0.03% or Rs 20 whichever is lower | 0.03% or Rs 20 whichever is lower | 0.02% or Rs 20 whichever is lower |
Equity Options | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 |
Commodity | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 | NA |
Currency Futures | 0.05% or Rs 20 whichever is lower | Flat Fee Rs 20 | 0.03% or Rs 20 whichever is lower | 0.03% or Rs 20 whichever is lower | NA |
Currency Options | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 | NA |
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For complete brokerage charges and trading plans detail please visit Upstox Brokerage Charges.
Please refer unique and accurate Upstox Brokerage Calculator
To trade in equity, commodities, and currencies, all you need is a demat account and a trading account. Only Indian residents can open an account with Upstox as the broker does not allow NRI trading.
Opening a trading account is the first step to start trading and investing in the stock market. The 2-in-1 account or demat and trading account is opened together with Upstox.
The Upstox trading account is used to place and execute buy and sell orders on the stock market. You can trade stocks intraday, delivery, currencies, and commodities.
The demat account, on the other hand, is a place where you hold your investments in stocks, mutual funds, and other securities.
Is Upstox demat account free? Yes, you can open an Upstox demat and trading account at zero cost.
Upstox offers a 3-in-1 account opening option through its partnership with IndusInd Bank. Upstox/IndusStox 3-in-1 account (Demat + Trading + IndusInd Bank A/c) bundled in one integrated account offers a seamless trading and investment experience.
In a 3-in-1 Upstox account, you will hold funds in a savings account, buy and sell assets through a trading account, and store securities in a demat account.
When an order is executed, the funds are debited from your bank account and when assets are sold, the funds are credited back to the IndusInd Bank account.
Opening a 3-in-1 account with Upstox serves the following benefits;
If you want to trade commodities, open a commodities trading account with Upstox. If you already have an equity trading account, all you need to do is activate the MCX segment online via the Upstox app. You only need to provide proof of income to activate the derivatives trading segment.
Commodity traders at Upstox are charged with a brokerage fee of Rs 20 per order. Irrespective of whether you are buying and selling commodity futures or options contracts, the maximum brokerage fee is Rs 20.
When you open an account with Upstox, the equity investment and the BSE funds segment are automatically activated by default. The Upstox platform offers thousands of mutual funds. You can invest in any direct mutual fund of your choice without paying any brokerage or commission.
Upstox offers a 100% paperless and hassle-free account opening process that just requires your PAN + Aadhaar card + eKYC only. You can open a Upstox account through the Pro mobile app or website. Users can open a Upstox account online in just 10 minutes and it will get activated within 24 hours.
Contact Upstox
Open Instant and Online account with Upstox in 15 mins.Upstox is a technology-oriented broker that continuously introduces innovative features to provide users with an excellent and easy-to-use trading platform.
Upstox Pro platform is built with Omnesys Nest OMS (Order Management System) and RMS (Risk Management System). The platform combines all the necessary features for traders and investors like you.
If you are a frequent day trader who executes a large number of trades every day, you should trade with the Upstox Pro mobile app. The Pro mode of the Upstox app allows you to trade stocks intraday, delivery, equity F&O, currencies, and commodity derivatives.
As a professional trader, you will find many incredible features in the Upstox Pro app, such as the options chain, pre-built options strategies, and a powerful charting experience with TradingView and Chart IQ charts. More than 100 technical indicators, 80+ drawing tools, multi-chart setups, and other trading tools help traders identify the trend and make the right trade.
You can also place advanced orders like cover order, bracket order, GTT order and basket order with Upstox Pro app.
If you are an investor, the Upstox app (basic version) offers an expert-generated stock list, stock overview, top-rated mutual funds, stock investing ideas, news and insights, and much more. With Upstox for Investors, you can invest in stocks, mutual funds, IPOs and SGBs.
Download the Upstox Pro App from the Play Store and App Store and trade with the palm of your hand.
Pro web is a browser-enabled HTML trading platform. Pro web is a powerful, feature-rich yet easy-to-use trading website from Upstox.
From the state-of-the-art charting experience (Chart IQ and TradingView) to hundreds of technical indicators, Pro orders (BO, CO, Basket order), hassle-free money transfer, real-time market analysis, and one-click order placement, everything is available on the Upstox Pro website.
You simply log in to the Upstox Pro website on mobile, laptop, or desktop and trade on the BSE, NSE, and MCX.
To provide users with extended charting access, the discount broker Upstox has partnered with TradingView.
Traders and/or investors who enjoy trading on charts can log in to the TradingView platform on the desktop using their Upstox account credentials.
Some of the prominent features of the platform are;
Upstox API is a set of Rest APIs that allow customers to build their front-end trading platform. You can get Upstox developer API access to create codes for order placement and execution, access live market data via websockets, and manage your holdings and positions.
Upstox offers its Uplink API access to traders and businesses or startups. The API supports 10+ languages like Java, Python, C#, PHP, etc. Traders can get free API Access to start algo trading in the stock market.
For detail review of mobile app and download please visit Upstox Trading Platform Review.
Before you open an Upstox account, check out the advantages on why to trade with Upstox.
There are some setbacks or disadvantages also while trading with Upstox;
You can access Upstox customer services over email, helpline number, chat, and web support via raising a ticket online. It also has a dedicated account opening service desk for existing as well as new customers. Upstox help center resolves customer queries on various aspects like account opening, API, brokerage charges, global investment, pro web, and app platform usage, etc.
Whether you are a frequent intraday trader or equity investor, Upstox is an excellent broker for you. Trading with Upstox provides low-cost trading experience on the best trading platforms (Upstox and Upstox Pro).
The Upstox platform provides traders with advanced charts, indicators, and technical analysis tools while allowing brokerage-free direct mutual funds investment and also recommends top-rated mutual funds to investors.
However, people who only invest in shares (delivery trading) can open an account with free delivery brokers.
Last updated on: 2023-12-15
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Yes, if you are a beginner then you can open an account with Upstox and start online trading at a maximum Rs. 20 per order brokerage. There are multiple reasons to trade with Upstox as follows;
Upstox offers online trading in stocks on the Pro web and Android and iOS Pro app platform. You just need to login to the Upstox Pro platform and then can start trading in your favorite shares. To buy shares in Upstox, follow the steps mentioned below.
Upstox provides online trading on its Upstox Pro web and mobile app-based trading platforms. To start trading with Upstox, it only requires customers to open a trading and Demat account. Here is the process;
CO stands for Cover order is actually a buy or sell order with a compulsory stop-loss order. However, OCO means One cancels other order is a bracket order or 3 legged orders of buying or sell limit orders, target profit order, and stop-loss order, in which, execution of one order automatically cancels the other order.
UPSTOX is India's one of the largest broking firms having the highest number of active clients. Over the years, it has gained customers’ trust by providing pleasant service with an excellent platform. There are a few compelling reasons why it is safe to trade through Upstox.
You can check the details of the brokerage charges of Upstox here below;
No, Upstox offers a free demat account at zero account opening charges and a lifetime Zero Demat AMC fee on maintenance of demat account. You can open Upstox account for free and start trading in equity, derivatives, commodity, currency at Max Rs. 20 per order brokerage charges.
Yes, of course, UPSTOX can be trusted. It has gained the trust of its customers immensely since its inception. There are a few compelling reasons why it is very safe to trade through Upstox.
UPSTOX (RKSV Securities Pvt. Ltd) was founded by two brothers Ravi Kumar, and Raghu Kumar, and their friend Shrini Viswanath in the year 2009. It started when discount brokers were not much popular in India. The low-cost discount broker is funded by Ratan Tata, Kalaari Capital, and GVK Davix.
Upstox provides a free account opening facility and also does not charge any maintenance fee. It further offers free direct mutual fund investment, however, trading in equity delivery, equity intraday, and futures & options trading is charged at a max Rs. 20 per executed order brokerage. Customers also have to pay Demat debit charges, turnover charges, and government taxes.
Pathetic customer care service, they hardly ever replies. Everytime I was told that technical people will get back, none did.
I do believe the customer service must be extremely busy because of all the software glitches. Just one week of using Upstox and am fed up with the product and their team. I have had continuous issues with the software. Not a good product, those who are planning to start with a discount broker please stay away from Upstox.