Upstox, India’s leading discount broker offers low-cost brokerage plans. Upstox provides trading and investing facilities in Stock Market, Mutual Fund, F&O, Currency, Commodity and more through an advanced Upstox Pro Web platform, Upstox App & Trading View platform build for beginners as well as for pros with unbeatable prices.
In this article, We explain Upstox brokerage charges and pricing model in detail so you can easily understand the fees and taxes you can face when investing or trading through Upstox.
Detailed Charges List Upstox
Upstox brokerage charges and pricing, We have divided this section into 4 parts, the first section covers basic charges list, second section covers regulatory/tax charges for equity, currency and commodity, at third covers hidden penalties and last section we explained all charges briefly.
Key Charges
FREE
Account Opening
FREE account opening + Zreo AMC & demat and trading account fees
₹0
For Mutual Fund
Investing in MF & IPOs on Upstox is free of charge – ₹0 commissions
₹20
For Delivery
₹20 or 2.5% (whichever is lower) per executed order on Stocks delivery
₹20
For Intraday
₹20 or 0.05% per executed order, (whichever is lower) applied on intraday trades & Flat ₹20 for options
Basic Charges List – Upstox
| Description | Charges |
|---|---|
| Account Opening Charges | FREE |
| Annual Maintenance Charges (AMC) | ₹0 |
| Call & Trade Services | ₹50 + 18% GST |
| Auto Square Off Charges | ₹50 + 18% GST per Order |
| Depository Participant charges (DP) | ₹18.5 + 18% GST per company debit |
| P&L/ CMR Physical copy | ₹20 per page |
| Cheque Bounce Charges | Refer Bank Charges |
| Payment Gateway Charges | ₹7 Per transaction |
| Credit Charges (Buy Receive) | ₹0 |
| Pledge Request | ₹20 + 18% GST per scrip |
| Unpledge Request | ₹20 + 18% GST per scrip |
| Pledge Invocation | ₹20 + 18% GST per scrip |
| Buyback or Takeover or Delisting Charges | ₹20 + 18% GST |
| Offer For Sale Charges | ₹20 + 18% GST |
| Destatementisation | ₹200/- per certificate and an additional charge of ₹50/- per request |
| Reconversion of MF units into SOA or Redemption/Restatmentisation Per SOA | ₹50 + 18% GST |
| Stamp Charges | – |
| Failed / Rejected Demat Transactions | ₹0 |
| Periodic Statement | ₹0 charges by Email. ₹20 per page for offline |
| Modification in KRA / Download | ₹0/- |
| Transfer of shares from UPSTOX Demat to other Demat | ₹18.50 + GST (as per tariff sheet) |
| Transfer of shares from other Demat to UPSTOX | Standerd Charges are applicable |
Regulatory charges – Upstox
When you place an investing and trading order on Upstox, here’s what you’ll be charged additionally
Equity delivery, Futures & Options Regulatory Charges
| Type | Equity delivery | Equity intraday | Futures | Options |
|---|---|---|---|---|
| Brokerage | ₹20 or 2.5% whichever is lower on Delivery | ₹20 or 0.05% per executed order whichever is lower | ₹20 or 0.05% per executed order whichever is lower | Flat ₹20 per executed order |
| STT | 0.1% on buy & sell | 0.025% on the sell side | 0.0125% on the sell side | 0.0625% on sell side |
| Exchange charges | NSE: 0.00297% BSE: 0.00375% | NSE: 0.00297% BSE: 0.00375% | NSE: 0.00173% BSE: 0 (Zero) | NSE: 0.03503% BSE: 0.0325% |
| GST | 18% on brokerage + SEBI charges + transaction charges | 18% on brokerage + SEBI charges + transaction charges | 18% on brokerage + SEBI charges + transaction charges | 18% on brokerage + SEBI charges + transaction charges |
| SEBI charges | ₹10 / crore | ₹10 / crore | ₹10 / crore | ₹10 / crore |
| Stamp charges | 0.015% | 0.003% | 0.002% | 0.003% |
| IPST (NSE) | 0.0001% of the turnover | 0.0001% of the turnover | 0.0001% of the turnover | 0.0005% of the turnover |
Currency Regulatory Charges
| Type | Currency Futures | Currency Options |
|---|---|---|
| Brokerage | ₹20 or 0.05% per executed order whichever is lower | Flat ₹20 per executed order |
| STT | – | – |
| Exchange charges | NSE: 0.00035% BSE: 0.00045% | NSE: 0.0311% BSE: 0.001% |
| GST | 18% on brokerage + transaction charges | 18% on brokerage + transaction charges |
| SEBI charges | ₹10 / crore | ₹10 / crore |
| Stamp charges | 0.0001% on Buy Side | 0.0001% on Buy Side |
Commodity Regulatory Charges
| Type | Commodity Futures | Commodity Options |
|---|---|---|
| Brokerage | ₹20 or 0.05% per executed order whichever is lower | Flat ₹20 per executed order |
| STT | 0.01% on sell (Non Agri) | 0.05% on sell side |
| Exchange charges | Group : 0.0026% Group : Refer Contract Note | Exchange Charges 0.05% |
| GST | 18% on brokerage + transaction charges | 18% on brokerage + transaction charges |
| SEBI charges | ₹1/crore for Agri and ₹10/crore | ₹10/crore |
| Stamp charges | 0.002% on Buy Side | 0.003% on Buy Side |
Upstox MTF (Margin Trading Facility) Charges
Brokerage: 0.05% or ₹20 whichever is lower / per order
Pledge Charges: ₹20 + 18% GST applicable on both MTF buy & MTF Sell transactions.
Interest Charges: Upstox charges ₹20 per day + GST for a slab of ₹40,000 or every funded amount slab is ₹40,000. The interest is applied until the stocks are sold.
Note: The slab is split for every ₹40,000, so any amount more than ₹40,000 a different slab is applicable and charged accordingly.
All Charges Explained – Upstox
Upstox Charges
- Brokerage – 0.05% up to ₹20 per order charged on intraday equity stocks & FnO orders
- Delivery – 2.5% up to ₹20 per order charged on equity delivery investments
- Zero Commission on Mutual fund Investments
Government Charges
- STT (Securities Transaction Tax): This charges is levied by the government on both buy and sell orders for equity delivery & charged only on sell when you trade intraday in equity and FnO.
- GST 18% – Charged by the government on the services provided this is additional charges on brokerage, DP charges, Exchange charges, Sebi Ternover and auto square off charges.
- Stamp duty charges – Stamp duty charges are a part of the state government revenue system applicable on the trading of securities.
Regulatory Charges
- Transaction Charges – This charges applicable or charged by exchange (NSE, BSE) on the value of your transaction.
- SEBI Charges – SEBI a government body regulating the Indian securities market charged ₹10 per crore.
DP Charges
- ₹18.5 + GST per script, on the debit per company, is charged from the trading account when stocks are sold. This is charges by the depository and depository participant.
Delayed Payment Charges – 0.05% per day on account debit / negative balance in your trading account.
In this article, we’ve looked closely at Upstox brokerage charges structure and fees. This helps you understand what you’ll pay when you use Upstox for investing and trading.
Also when you look at the key charges, Upstox provides zero charges for account opening and mutual funds that help beginners enter the markets early with access all advanced features free of cost.
