UPstox 2018 Brokerage Charges, Review, Trading Platform and Info.
Upstox is the trading platform offered by RKSV(2008 – Retail operations from 2012 as RKSV), the popular discount broker offering Equity, Commodity & Currency Derivatives trading services at BSE, NSE & MCX. It is built on top of Omnesys NEST OMS (Order Management System). Upstox makes it easy to place orders through mobile phones & web browser. They offer absolutely free trading account & free trading in Equity Delivery segment. Trading in Equity F&O, Equity Intraday Commodities & Currency Derivatives is available through Upstox Pro. UpStox Pro is the paid service of UpStox for traders. Trading platform offers trading, analysis, charting & many more rich trading features.
|Website.||Click to open website|
|Demat Account.||NSDL- Partnership with ILFS.|
|Trading Exchanges.||NSE, BSE & MCX.|
|Broker Type.||Discount Broker.|
Account opening Charges.
|Demat account.||Rs 300.|
|Trading Annual maintenance charges (AMC).||Rs 400 Per Year.|
1. Plan 1 – UPstox Basic.
Equity Delivery Based Trades: Rs 0 (no trade limit).
2. Plan 2 – Upstox Pro
Equity Delivery Based Trades: Rs 0 (Unlimited trades).
Equity Intraday Trades: 0.01% or Rs 20 per executed order (whichever is lower).
Equity Future: 0.01% or Rs 20 per executed order (whichever is lower).
Equity Options: 0.01% or Rs 20 per executed order (whichever is lower) (on Turnover).
Currency Futures & Options: 0.01% or Rs 20 per executed order (whichever is lower).
Commodity Futures: 0.01% or Rs 20 per executed order (whichever is lower).
|SEGMENT.||Basic Brokerage.||Pro Brokerage.|
|Equity (Intraday).||Not Applicable.||Rs 0.|
|Equity (Delivery).||Rs 0.||0.01% or Rs 20/Trade whichever is lower.|
|Equity Futures.||Not Applicable.||0.01% or Rs 20/Trade whichever is lower.|
|Equity Options.||Not Applicable.||Rs 20/trade.|
|Currency Futures.||Not Applicable.||0.01% or Rs 20/Trade whichever is lower.|
|Currency Options.||Not Applicable.||Rs 20/trade.|
|Commodity.||Not Applicable.||0.01% or Rs 20/Trade whichever is lower.|
Leverage or Margin.
|SEGMENT.||Dream Plan.||Pro Plan.||Ultimate Plan.|
|BSE & NSE Cash.||20 Times.||20 Times.||20 Times.|
|NSE Futures.||4 Times.||4 Times.||Upto 6 Times.|
|NSE Options.||3 Times.||3 Times.||4 Times.|
|NSE Currency F&O.||3 Times.||3 Times.||4 Times.|
|MCX Commodities.||2.5 Times.||2.5 Times.||3 Times.|
STT: This is charged only on the sell side for intraday & F&O trades. It is charged on both sides for Delivery trades in Equity.
Stamp Duty: Charges based on the state the customer is located in.
Service Tax: This is charged at 14% of the total cost of brokerage plus transaction charges.
SEBI Turnover Fees: This is charged at Rs 20 per Crore.
Transaction or Turnover Charges: This is charged at Rs 350/crore for Equity, Rs 210/crore for Futures, Rs 5500/crore on premium for options.
Other Charges (UPstox Broker Hidden Charges / Fees).
Call & Trade: Rs 20/- per executed order.
Physical contract notes: Rs 25 per contract note plus courier charges. (Digital contract notes are free.).
Instant Money Transfer Fee: Rs 7 per transfer.
Trading Platform Or Software.
Some Useful Features.
|Online Trade Reports.||No Info.|
|Online PNL Reports.||No Info.|
|Intraday Chart Facility.||NA.|
|End of Day Chart Facility.||NA.|
|3 in 1 Account.||No Info.|
|Instant Fund withdrawal.||No Info.|
|Relationship Managers.||No Info|
1.India’s first truly free investing app.Finally, buy & sell stocks at 0% brokerage.
2.Investing in Equities beats investing in Gold & Fixed Deposits by a wide margin.Your profits are also tax free, unlike Gold & FD’s
3.After Market Order (AMO), Cover Order & BO are available on both web & mobile.
4.Trailing-Stop/Stop-Loss (SL) is available in both web & mobile.
5.NEST will remain available for first few months after the RKSV customers are moved to Upstox.
6.Brokerage free trading not available for Eq Intraday, Eq F&O, Commodities & Currency Derivatives trading segments.
7.In basic plan, brokerage is free but you still have to pay DP changes.
8.Algo-trading facilities is not available.
1.Brokerage free trading not available for Eq Intraday, Eq F&O, Commodities & Currency Derivatives trading segments.
2.In basic plan, brokerage is free but you still have to pay DP changes.
3.Algo-trading facilities is not available.
Customer Care Services.
|Contact Details.||Registered Address.
New Delhi House, New Delhi 110001.
212 Trade Centre, BKC,
B&ra (E), Mumbai 400 098.
|Complaints Or Grievances.||firstname.lastname@example.org|
|RKSV Securities: NSE CM: INB231394231, NSE F&O: INF231394231.|
|NSE CDS: INE231394231, CDSL: IN-DP-CDSL- 00282534.|
|NSDL: IN-DP-NSDL-11496819, BSE CM: INB011394237.|
|BSE F&O: INF 011394237, CDSL: IN-DP-CDSL- 00283831.|
|NSDL: IN-DP-NSDL-11497282, RKSV Commodities MCX Member Code: 46510.|
|FMC Regn. No. MCX: MCX/TM/CORP/2034.|