Upstox FAQ – Frequently Asked Questions

Upstox is India’s biggest and oldest discount stock broker. There are so many Frequently Asked Questions about Upstox. We received so many emails regarding Upstox FAQ. Every new account opener has lots of FAQ regarding Upstox brokerage charges, Transaction charges, Account opening fees, Trading Platform, Tools & Services, Customer care services Etc.

Most Asked Upstox FAQ (Frequently Asked Questions)

Below is the list of Most asked Upstox FAQ by stock market beginners as well as traders and investors. We’ve compiled a list of frequently asked top questions on various platforms.

What is the full form of Upstox?
Upstox register under the name of RKSV Securities.

What is the Established Year of Upstox?
Upstox was founded in 2009. Earlier the name of the Upstox was RKSV.

What Depository Service does Upstox use?
Upstox use CDSL for Depository Service.

What is website URL of Upstox?
www.upstox.com is the official URL of Upstox.

What kind of service does Upstox offer?
Upstox offer discount stock broking services.

How many exchanges are available for trading through Upstox?
NSE (National Stock Exchange), BSE (Bombay Stock Exchange), MCX (Multi-Commodity Exchange) and MCX-SX exchanges are available for trading through Upstox.

How many active customers does Upstox have?
Currently Upstox have more than 10,00,000+ Active customers.

Where is the headquarters of Upstox?
Upstox headquarters located in Mumbai, Maharashtra, India.

Who are the founders of Upstox?
Mr. Ravi Kumar, Mr. Shirin Vishwanath are co-founder of upstox and Mr. Puneet Maheshwari and Mr. Amit Lalan directors of Upstox.

How many types of services do Upstox offer?
Currently Upstox offers services like Equity Trading, Derivatives Trading, Currency Trading, Commodity Trading , Mutual Funds.

How many employees work in Upstox?
Upstox is a large discount stock broker and has more than 500+ employees.

Is it true that Upstox is India’s one of the first five discount broker?
Yes, Upstox is known for being India’s one of the first five discount broker.

What awards has Upstox won so far?
Upstox has won award for 1 lakh Demat account in one month of December 2019 CDSL (Central Depository Services Limited ). Upstox has the record of highest Demat account opening in one month.

How much is charged for opening an online trading and Demat account in Upstox?
Upstox offers three plan for account opening. If customer choose Rs.249 plan than he gets Rs.400 brokerage credits. Rs.499 plans offers brokerage credit of Rs.1000 and Rs.999 plans gives brokerage credit of Rs.2500.

How much is the charge for Trading Account AMC (Annual Maintenance Fee) in Upstox?
Upstox charges ₹ 0 for Trading Account AMC.

What is the charges at Upstox for Demat Account AMC?
Upstox charges monthly Rs.25 for maintenance only for Demat and Every month deduction.

What is the brokerage charges at Upstox for equity delivery?
Upstox charge ₹ 0 (Absolutely Free) for Equity Delivery trading.

What is the brokerage charges at Upstox for equity intraday?
Basic Plan:
Upstox charge only ₹ 20 or 0.05% (whichever is lower) per executed order for equity intraday and customer get Upto 20x leverage on Cash segment.
Priority Plan: Upstox charge only ₹ 30 or 0.10% (whichever is lower) per executed order for equity intraday and customer get Upto 25x leverage on Cash segment.

What is the brokerage charges at Upstox for equity future?
Basic Plan:
Upstox charge only ₹ 20 or 0.05% (whichever is lower) per executed order for equity future and customer get Upto 20x leverage on Cash segment.
Priority Plan: Upstox charge only ₹ 30 or 0.10% (whichever is lower) per executed order for equity future and customer get Upto 25x leverage on Cash segment.

What is the brokerage charges at Upstox for equity options?
Basic Plan:
Upstox charge only ₹ 20 or 0.05% (whichever is lower) per executed order for equity options and customer get Upto 20x leverage on Cash segment.
Priority Plan: Upstox charge only ₹ 30 or 0.10% (whichever is lower) per executed order for equity options and customer get Upto 25x leverage on Cash segment.

What is the brokerage charges at Upstox for currency futures?
Basic Plan:
Upstox charge only ₹ 20 or 0.05% (whichever is lower) per executed order for equity futures and customer get Upto 20x leverage on Cash segment.
Priority Plan: Upstox charge only ₹ 30 or 0.10% (whichever is lower) per executed order for equity futures and customer get Upto 25x leverage on Cash segment.

What is the brokerage charges at Upstox for currency options?
Basic Plan:
Upstox charge only ₹ 20 or 0.05% (whichever is lower) per executed order for currency options and customer get Upto 20x leverage on Cash segment.
Priority Plan: Upstox charge only ₹ 30 or 0.10% (whichever is lower) per executed order for currency options and customer get Upto 25x leverage on Cash segment.

What is the brokerage charges at Upstox for commodity?
Basic Plan:
Upstox charge only ₹ 20 or 0.05% (whichever is lower) per executed order for commodity and customer get Upto 20x leverage on Cash segment.
Priority Plan: Upstox charge only ₹ 30 or 0.10% (whichever is lower) per executed order for commodity and customer get Upto 25x leverage on Cash segment.

What is the brokerage charges at Upstox for mutual fund?
Upstox charge only ₹ 0 (Free) for mutual fund .

What is the government and other charges at Upstox for Equity Intraday?
STT (Securities Transaction Tax):
0.025% on the Sell Side
Transaction / Turnover Charges: 0.00325% for NSE & 0.003% for BSE
GST (Goods and Services Tax): 18% on (Brokerage + Transaction Charge)
SEBI Charges: 0.00005% or (₹ 5/Crore)
Stamp Charges: As per State wise

What is the government and other charges at Upstox for Equity Delivery?
STT (Securities Transaction Tax):
0.1% for both Buy and Sell
Transaction / Turnover Charges: 0.00325% for NSE & 0.003% for BSE
GST (Goods and Services Tax): 18% on (Brokerage + Transaction Charge)
SEBI Charges: 0.00005% or (₹ 5/Crore)
Stamp Charges: As per State wise

What is the government and other charges at Upstox for Equity Futures?
STT (Securities Transaction Tax):
0.01% only for sell
Transaction / Turnover Charges: 0.0019% for NSE & 0.003% for BSE (each side)
GST (Goods and Services Tax): 18% on (Brokerage + Transaction Charge)
SEBI Charges: 0.00005% or (₹ 5/Crore)
Stamp Charges: As per State wise

What is the government and other charges at Upstox for Equity Options?
STT (Securities Transaction Tax):
0.05% only on sell (premium)
Transaction / Turnover Charges: 0.05% for NSE & 0.003% for BSE (each side premium )
GST (Goods and Services Tax): 18% on (Brokerage + Transaction Charge)
SEBI Charges: 0.00005% or (₹ 5/Crore)
Stamp Charges: As per State wise

What is the government and other charges at Upstox for Currency Futures?
STT (Securities Transaction Tax):
No STT charges
Transaction / Turnover Charges: 0.0009% for NSE & 0.00022%
GST (Goods and Services Tax): 18% on (Brokerage + Transaction Charge)
SEBI Charges: 0.00005% or (₹ 5/Crore)
Stamp Charges: As per State wise

What is the government and other charges at Upstox for Currency Options?
STT (Securities Transaction Tax):
No STT charges
Transaction / Turnover Charges: 0.04% for NSE & 0.001% for BSE (premium)
GST (Goods and Services Tax): 18% on (Brokerage + Transaction Charge)
SEBI Charges: 0.00005% or (₹ 5/Crore)
Stamp Charges: As per State wise

What is the government and other charges at Upstox for Commodity Futures?
STT (Securities Transaction Tax):
On sell side of non agri 0.01%
Transaction / Turnover Charges: 0.0026% for Group A Commodity 0.00005% (Pepper), 0.0005%(Castorseed), 0.001%(Rbdpmolein) (for Group B Commodity)
GST (Goods and Services Tax): 18% on (Brokerage + Transaction Charge)
SEBI Charges: 0.00005% or (₹ 5/Crore)
Stamp Charges: As per State wise

What is the government and other charges at Upstox for Commodity Options?
STT (Securities Transaction Tax):
0.05% for sell side
Transaction / Turnover Charges: Rs.0 (No charges)
GST (Goods and Services Tax): 18% on (Brokerage + Transaction Charge)
SEBI Charges: 0.00005% or (₹ 5/Crore)
Stamp Charges: As per State wise

What is Call & Trade charges at Upstox?
Upstox charges extra ₹ 20 + GST per executed order for Call & Trade.

What is RMS auto-square-off charges at Upstox?
Upstox charges extra ₹ 20 + GST per executed order for RMS auto-square-off.

What is OFS orders charges at Upstox?
Upstox Charge ₹ 50 for OFS orders and buyback/takeover orders.

What is Physical copies of contract notes charges at Upstox?
Upstox charges ₹ 25 per contract note + Courier charges.

What is brokerage charges for NRI at Upstox?
Upstox brokerage charges for NRI is ₹ 200 or 0.1% (whichever lower) per executed order.

What is charges for cash-settled commodity contract at Upstox?
Brokerage charges of 0.25% if commodity contract cash-settled within two day of expiry.

How much is charged for fund transfer in Upstox?
Upstox charges ₹ 7 for fund transfer.

How much margins does Upstox provide for Equity Intraday?
Basic Plan: Upstox provide 15x times margin for Equity Intraday (Stock to stock margin change).
Priority Plan: Upstox provide 20x times margin for Equity Intraday (Stock to stock margin change).

How much margins does Upstox provide for Equity Delivery?
Only 1 times for Equity Delivery.

How much margins does Upstox provide for Equity Futures?
Upto 3x times for intraday and 1 times for carry forward for both basic and priority plan.

How much margins does Upstox provide for Equity Options?
Upto 3x times for intraday and 1 times for carry forward for both basic and priority plan

How much margins does Upstox provide for Currency Future?
Upto 4x times for intraday and 1 times for carry forward for both basic and priority plan.

How much margins does Upstox provide for Currency Options?
Upto 4x times for intraday and 1 times for carry forward for both basic and priority plan.

How much margins does Upstox provide for Commodity Future?
Basic Plan:
Upto 2.5x times for intraday and 1 times for carry forward.
Priority Plan: Upto 3x times

How much margins does Upstox provide for Commodity Options?
Basic Plan:
Upto 2.5x times for intraday and 1 times for carry forward.
Priority Plan: Upto 3x times

Is there UPI fund transfer available with Upstox?
Yes, Customer can instant fund transfer from register bank through UPI. Upstox charges ₹ 0 for UPI transfer.

How many banks are available for Instant payment gateway with Upstox?
More than 25 banks are available for fund transfer.

How long does it take to fund reflect in your account using NEFT/RTGS, IMPS and Cheque at Upstox?
Near about 2 to 10 hours required for NEFT/RTGS. 10 minutes for IMPS and 3 to 5 working days for bank Cheque.

Is there any charges for cheque bounces at Upstox?
Rs. 350+ GST if cheque bounces.

Does Upstox provide desktop trading platform?
Yes, Upstox provide NEST trader and Fox Trader platform for desktop trading.

Does Upstox provide web-based trading platform?
Yes, Upstox provide upstox.pro.web web-based platform for desktop trading.

Does Upstox provide mobile app for trading?
Yes, Upstox provide Upstox Pro Mobile app for android and well as iOS.

Is there Charting facility available in Upstox?
Yes, Upstox provides 365 days on Upstox Nest and 10 years on Upstox Pro for End of Day.

Does Upstox provide Algo trading?
Yes, you can enable Algo trading in Upstox and Coding or Back-testing also available in Upstox. Upstox provide algo trading though AmiBroker.

Is there Online Trade Reports available in Upstox?
Yes, Online Trade Reports are available.

Is there Online PNL Reports available in Upstox?
Yes, Online PNL Reports are available.

Is there Online Contract Notes available in Upstox?
Yes, Online Contract Notes are available.

Does Upstox Provide Research & Tips or Advisory?
No, Upstox do not provide Research & Tips or Advisory.

Does Upstox Provide Brokerage Calculator?
Yes, Upstox Provide Brokerage Calculator.

Does Upstox Provide Margin Calculator?
Yes, Upstox Provide Margin Calculator.

Does Upstox Provide Bracket orders and Trailing Stoploss orders?
Yes, Upstox Provide Bracket orders & Trailing Stoploss orders

Does Upstox Provide Training and Education?
Yes, Upstox Provide Training and Education (Blogs).

Does Upstox offers 3-in-1 account?
No, Upstox do not offers 3-in-1 account.

Does Upstox Provide Relationship Managers?
No, Relationship Managers at Upstox.

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