Upstox Account Opening Charges

Upstox Charges Table
Service Charges
Account Opening Charges ₹0 (Free)
Account Maintenance Charges ₹0 (Free)
Brokerage on Mutual Funds and IPOs ₹0 (Free)
Equity Intraday, F&O, Currency & Commodity ₹20 or 0.05% (Whichever is lower) per order on stocks
Equity Delivery ₹20 (Maximum brokerage per executed order)

Upstox Brokerage and Other Charges for Equity Delivery & Intraday Trades

Fees Charged by Upstox Equity Delivery Equity Intraday
Brokerage ₹20 per executed order ₹20 per executed order or 0.05% (whichever is lower)
STT/CTT (From 1st April 2023) 0.1% on buy & sell 0.025% on the sell side
STT/CTT (From 1st October) 0.1% on buy & sell 0.025% on the sell side
GST 18% (on brokerage + transaction + demat charges) 18% (on brokerage + transaction charges)
Stamp Duty 0.015% or ₹1500 / crore on buy side 0.003% or ₹300 / crore on buy side
Transaction Charges (From 1st April 2024 to 30th September 2024) NSE: 0.00322% per trade on buy & sell
BSE: varies by scrip group
NSE: 0.00322% per trade on buy & sell
BSE: varies by scrip group
Transaction Charges (From 1st October 2024) NSE: 0.00297% per trade on buy & sell
BSE: varies by scrip group
NSE: 0.00297% per trade on buy & sell
BSE: varies by scrip group
Demat Transaction Charges ₹18.5 per scrip per day only on sell No charges
SEBI Charges ₹10/crore ₹10/crore

Upstox Brokerage and Other Charges for Equity Future & Equity Option Trades

Fees Charged by Upstox Equity Futures Equity Options
Brokerage ₹20 per executed order or 0.05% (whichever is lower) Flat ₹20 per executed order
STT/CTT (From 1st April 2023) 0.0125% on sell-side 0.0625% on sell side (on premium)
STT/CTT (From 1st October) 0.02% on sell-side 0.1% on sell side (on premium)
GST 18% (on brokerage + transaction charges) 18% (on brokerage + transaction charges)
Stamp Duty 0.002% or ₹200 / crore on buy side 0.003% or ₹300 / crore on buy side
Transaction Charges (From 1st April 2024 to 30th September 2024) NSE: 0.00188%
BSE: Nil
NSE: 0.0495% (on premium)
BSE: 0.0495% (on premium)
Transaction Charges (From 1st October 2024) NSE: 0.00173%
BSE: Nil
NSE: 0.03503% (on premium)
BSE: 0.0325% (on premium)
Demat Transaction Charges No charges No charges
SEBI Charges ₹10/crore ₹10/crore

Upstox Brokerage and Other Charges for Currency Future & Currency Option Trades

Upstox Charges Table
Fees Charged by Upstox Currency Futures Currency Options
Brokerage Fees ₹20 per executed order or 0.05% (whichever is lower) Flat ₹20 per executed order
Securities Transaction Tax (STT) / Commodities Transaction Tax (CTT) No Securities Transaction Tax No Securities Transaction Tax
Goods and Services Tax (GST) 18% on Brokerage + Transaction Charge 18% on Brokerage + Transaction Charge
Stamp Duty 0.0001% or ₹10 per crore on buy-side 0.0001% or ₹10 per crore on buy-side
Transaction Charges National Stock Exchange (NSE): Transaction charge: 0.00035%
Bombay Stock Exchange (BSE): Transaction charge: 0.00045%
National Stock Exchange (NSE): Transaction charge: 0.0311%
Bombay Stock Exchange (BSE): Transaction charge: 0.001%
Securities and Exchange Board of India (SEBI) Charges ₹10 per crore ₹10 per crore

Upstox Brokerage and Other Charges for Commodity Future & Commodity Option Trades

Fees Charged by Upstox Commodity Futures Commodity Options
Brokerage ₹20 per executed order or 0.05% (whichever is lower) Flat ₹20 per executed order
Statutory Charges
Securities Transaction Tax (STT) / Commodities Transaction Tax (CTT) 0.01% on sell trade (Non-Agri) 0.05% on sell trade
Goods and Services Tax (GST) 18% on Brokerage + Transaction Charge 18% on Brokerage + Transaction Charge
Stamp Duty 0.002% or ₹200 per crore on buy-side 0.003% or ₹300 per crore on buy-side
Exchange Fees for MCX (Multi Commodity Exchange)
Transaction Charges Non-Agri: Exchange turnover charge: 0.0026% Exchange turnover charge: 0.05%
Exchange Fees for NSE (National Stock Exchange)
Transaction Charges NSE Commodity Fees: 0.0001% NSE Commodity Fees: 0.0010%
Securities and Exchange Board of India (SEBI) Charges
SEBI Charges ₹10 per crore ₹10 per crore

Applicable Margin on Equity & Other Segments

Margin Table
Order Type Applicable Margin on Equity Applicable Margin on (Index Futures, Stock Futures, Index and Stock Option Sell, NSE Currency Futures, MCX Futures)
Intraday order 5x 1x
CO/OCO order 5x 1x
Margin Trading Facility (MTF) 2x Not Applicable
Note: No Margin for Options buying

Upstox Charges for Other Services

Upstox Services and Charges
Services Charges
Margin Against Demat Holdings ₹50 + Goods and Services Tax (GST) per scrip for pledging
₹50 + Goods and Services Tax per scrip for unpledging
Auto Square-off Facility ₹50 + 18% Goods and Services Tax
Call & Trade Service ₹50 + 18% Goods and Services Tax
Profit & Loss (P&L) / CMR Physical Copy ₹20 per page
Off-Market Transfer (between brokers) 1. Buy orders: ₹100 or 1.5% of transaction amount (whichever is lower)
2. ‘Invest More’ orders: ₹100 or 1.5% of transaction amount (whichever is lower)
3. SIP orders: ₹10 or 1.5% of transaction amount (whichever is lower)
Netbanking Charges (Razorpay / Atom) ₹7 (Goods and Services Tax included)
Share Buyback / Takeover / Delisting Charges ₹20 + Goods and Services Tax
Offer For Sale (OFS) ₹20 + Goods and Services Tax
Account Opening Fees No Charge (Zero)
Application Programming Interface (API) Subscription Charges Free
Interest on Delayed Payment 0.05% per day on account debit (negative balance)
Dematerialisation Charges ₹200 per certificate + ₹50 per request
Non-Disposal Undertaking (NDU) Charges ₹200 per request or 0.01% on transaction value (whichever is higher), payable by the borrower for NDU requests accepted by the lender