Upstox Annual Charges, AMC, All Charges Details 

Upstox is a good option if you are looking for a stockbroker with a decent trading platform who offers a free account. Upstox is providing free account opening and zero annual maintenance charge offer to its new customers.

In this blog post, I will provide you with a comprehensive guide to all the charges that Upstox levies on its customers. 

Upstox Charges Details 

Upstox Account Opening Charges

Currently, Upstox charges zero fees for account opening. 

Upstox Annual Maintenance Charges 

To new customers, Upstox offers zero annual maintenance charges. Upstox may change the offer in the future. 

You can also check out our research report on the top 20 stock broking companies to explore other options as well.

Upstox Brokerage Charges

Upstox offers one of the lowest brokerage charges in India. The brokerage charges are 0.05% or Rs. 20 per trade, whichever is lower. 

Upstox Plans

Earlier you could choose two Upstox plans – a Basic plan for beginners and a Priority plan with high leverage for professional traders. The plans were like this –

  • Basic Plan – 0.05% or Rs. 20/order whichever is lower
  • Priority plan – Rs. 30 or 0.10% whichever is lower (monthly charges Rs. 499 per month extra) up to 25x leverage on trading.

But Upstox has stopped the Priority plan since March 01, 2021, and offers a single trading plan only to all clients.

Let’s have a look at the Upstox brokerage charges 

Trading SegmentCharges
Equity DeliveryRs. 20 or 2.5% whichever is lower
Equity Intraday Rs. 20 or 0.05% per executed order whichever is lower
Equity FuturesRs. 20 or 0.05% per executed order whichever is lower
Equity OptionsFlat Rs. 20 per executed order
Currency FuturesRs. 20 or 0.05% per executed order whichever is lower
Currency OptionsRs. 20 per executed order
Commodity FuturesRs. 20 or 0.05% per executed order whichever is lower
Commodity OptionsRs. 20 per executed order

Upstox Delivery Charges

Upstox charges a lower of Rs. 20 or 2.5% per executed order irrespective of the trading volume. 

For example, if you buy stocks worth Rs 600 then Upstox will charge Rs 15 for stock delivery, not Rs 20. But if you place an order for 10,000 then a fixed charge of Rs 20 will be charged.

You can check the Zerodha charges and which offer zero brokerage on delivery trades. Angel One and Fyers also provide free stock delivery.

Upstox Intraday Charges

Upstox charges a lower of Rs. 20 or 0.05% per executed order irrespective of the trading volume. 

For example, if you trade worth Rs 10000 then Upstox will charge Rs 5 for stock intraday, not Rs 20. But if you place an order for 1,00,000 then a fixed charge of Rs 20 will be charged.

Upstox Futures Trading Charges

Upstox charges a lower of Rs. 20 or 0.05% per executed order irrespective of the trading volume among all the segments. 

For example, if you trade worth Rs 10000 then Upstox will charge Rs 5 for Futures, not Rs 20. But if you place an order for 1,00,000 then a fixed charge of Rs 20 will be charged.

Upstox Options Trading Charges

Upstox charge a flat fee of Rs 20 per options order for all the segments (equity, currency, and commodity). 

Upstox Call and Trade Charges

Upstox charges a fee of Rs. 50 per executed order for all trades executed through Call and Trade.

Upstox Charges for Mutual Funds 

Upstox charges zero fees for mutual fund investments through its platform.

Upstox Charges for IPO Investment  

Upstox charges zero fees for IPO investments through its platform.

Upstox Plegde and Unpledge Charges 

You can use the margin against Demat holdings for trading futures & options only. Upstox charges Rs 50 per scrip on both pledging and unpledging. 

Upstox MTF (Margin Trading Facility) Charges

Upstox charges the following fee on MTF orders over and above regular brokerage

Interest Rs 20 per day for every slab of Rs 40,000 taken as MTF
PledgeRs 20 per scrip for pledging or unpledging

Upstox Margin Shortfall Penalty 

Upstox charges a penalty on the debit balance in the trading account.

Shortfall collection Penalty 
(< Rs 1 lakh) and (< 10% of applicable margin)0.50%
(>= Rs 1 lakh) or (>= 10% of applicable margin)1%

A penalty of 5% will be applicable 

  • Every further instance of the shortfall is applicable, If there are more than 5 instances of a shortfall in a calendar month.
  • For each subsequent instance of the margin shortfall, If the margin shortfall continues for more than 3 consecutive days.
  • For MCX, from the 4th instance of the shortfall, if the margin shortfall is reported 3 times or more during a month. 

Upstox Charges For Auto-square Off

Upstox charges a flat fee of Rs. 50 per executed trade for all auto-square-off trades.

Upstox P&L/CMR Physical Copy

Upstox charges a fee of Rs. 20 per page for providing a physical copy of the CMR (Client Master Report) to its customers.

Upstox Off Market Share Transfer Charges 

  • Buy orders will continue to be charged lower of Rs 100 or 1.5%.
  • ‘Invest More’ orders will be charged a lower of Rs 100 or 1.5% 
  • SIP orders will be charged a lower of Rs 10 or 1.5% 

Upstox Funds Add Charges 

Upstox charges a fee of Rs. 7 per deposit through net banking. Otherwise, Upstox does not levy any fees for depositing money through UPI, NEFT, or RTGS.

Upstox Funds Withdraw Charges 

RBI charges fees based on the amount you want to transfer.

Using NEFT (RBI Circular):

  • – For transactions up to Rs 1 lakh – Rs 5 
  • – For transactions above Rs 1 lakh and up to Rs 2 lakh – Rs 15 
  • – For transactions above Rs 2 lakhs – Rs 25 

Using RTGS (RBI Circular):

  • Rs 2 lakh to Rs. 5 lakh – Rs. 30 per transaction.
  • Above Rs. 5 lakh – Rs. 55 per transaction.

Upstox Charges for Cancelled Orders

Upstox does not charge any fees for canceling orders.

Cancellation can be due to –

  • Canceling orders manually
  • Auto-canceled by the system
  • The order rejected for the shortage of funds or any reason

Upstox Charges for GTT

Upstox does not charge any fees for setting up GTT (Good Till Triggered) orders. However, a brokerage fee of Rs. 20 is charged when the order is triggered.

Good Till Trigger (GTT) allows you to set certain trigger (price) conditions leading to buying/ selling of shares at a particular price. 

Upstox Charges For BTST

Upstox charges a flat fee of Rs. 20 per executed trade for all BTST trades.

You can also check out our detailed guide on Upstox review for a detailed analysis of the Upstox demat account.

Government Taxes and Regulatory Charges

Upstox SEBI Charges

Every broker has to pay a fee to SEBI for every trade that they execute on behalf of their clients.

Upstox charges a fee of Rs 10 per crore traded as SEBI charges.

GST (Goods and Services Tax)

GST is levied by the government on the services provided by the broker. 18% GST needs to be paid on all the charges like brokerage fees, SEBI charges, and transaction fees.

Upstox Transaction Charges

Upstox charges transaction charges for every trade executed on the exchange. The charges are levied by the exchange and vary from one exchange to another. The charges are as follows:

Segment Charges 
NSE Equity0.00345%
NSE Equity Futures0.0020%
NSE Equity Options0.053%
NSE Currency Futures0.0009%
NSE Currency Options0.035%
BSE Currency Futures0.00022%
BSE Currency Options0.001%
Commodity Futures0.0026%
Commodity Options0.05%

Upstox STT Charges

STT (Securities Transaction Tax) is levied by the government on securities and commodities on all trades executed on the exchange. The charges are as follows:

Trading SegmentCharges
Equity Delivery0.1% on both buy & sell
Equity Intraday 0.025% only on sell
Equity Futures0.01% only on sell
Equity Options0.05% only on sell
Currency FuturesNo STT
Currency OptionsNo STT
Commodity Futures0.01% on sell (Non-Agri)
Commodity Options0.05% on sell

Upstox Stamp Duty

Stamp duty is a tax levied by the state government on the transfer of securities. Stamp duty is charged only on the buy side. 

The stamp duty charges are as follows:

Trading SegmentCharges
Equity Delivery0.015% or Rs 1500 / crore
Equity Intraday 0.003% or Rs 300 / crore
Equity Futures0.002% or Rs 200 / crore
Equity Options0.003% or Rs 300 / crore 
Currency Futures0.0001% or Rs 10 per crore
Currency Options0.0001% or Rs 10 per crore
Commodity Futures0.002% or Rs 200 per crore
Commodity Options0.003% or Rs 300 per crore 

Upstox DP Charges

Upstox charges a DP charge of Rs. 18.5 per scrip for each Demat debit transaction(sell). There are no charges for Demat credit transactions. This is charged only when selling shares from your Demat account.

About Rajan Dhawan

Rajan has covered personal finance and investing for over 5 years. Previously, he was in the IT field for 8 years after completing his MCA but his deep interest in personal finance led him to become an investing expert. He is passionate about investing, stocks, startups, and cryptos.

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