Rs. 3000+ Cr. daily exchange turnover. Upstox Discount Broker have relentlessly challenged the status quo in the brokerage industry by eliminating unnecessary overhead costs & passing the savings on to our customers. The result? Upstox Discount Broker customers’ daily turnover on the exchanges exceeds Rs. 3000+ Crores.
Upstox Discount Broker
| Website. | www.upstox.com |
| Demat Account. | NSDL, Partnering DP with ILFS. |
| Trading Exchanges. | NSE,BSE,MCX. |
| Broker Type. | Discount Broker. |
Upstox Discount Broker Account Opening Charges.
| Trading Account. | Rs 350 (Rs 250 if self-printed). |
| Demat account. | Rs 300 |
| Commodity Account. | Rs.0. |
| Trading Annual maintenance charges (AMC). | Rs 400 Per Year. |
Upstox Discount Broker Brokerage Charges.
- 1.Free Equity Delivery Trades: If you hold on to an equity trade overnight, you pay zero brokerage. That’s music to ears for all investors!
- 2.Rs. 20 per order traded regardless of the size of the trade.
- 3.Applies to all segments: Cash (Equities), Futures, Options, Currency Futures & Options, & MCX Futures.
- 4.Open a Demat account with RKSV & enjoy zero transaction costs.
- 5.Enjoy intraday leverage of 20x on Equities, 4x on NSE F&O, 4x on BSE/NSE Currency F&O & 3x on MCX Futures.
Upstox Discount Broker Margins or Leverage.
| SEGMENT. | MARGINS. |
| Equity (Intraday). | Upto 20 times for intraday. |
| Equity (Delivery). | 0 for delivery. |
| Equity Futures. | Upto 4 times for intraday. |
| Equity Options. | Buying no leverage, shorting upto 4 times for intraday. |
| Currency Futures. | Upto 4 times for intraday. |
| Currency Options. | Buying no leverage, shorting upto 4 times for intraday. |
| Commodity. | Upto 3 times for intraday. |
Trading Platforms or Software.
- 1) Desktop NEST Trading Platform Upstox Discount Broker Desktop platform is built for elite traders & investors. It offers advanced trading tools catered to the active trader & investor
- 2)
Web based NEST Online trading Upstox Discount Broker Web Platforms allow you to trade from anywhere using your favorite web browser. - 3) NEST Mobile for android OS Keep a keen eye on moving stocks & analyze sectors from the palm of your hand.
Wait! Looking for Best Demat Account
FREE Investing in Stocks & Mutual Funds with No 1 broker in India!!
+1 Crore Happy Customers
Zero Brokerage on Equity Delivery Trades
Flat ₹20 or 0.03% (whichever is lower) for Intraday and F&O
Trade with the best platforms and tools
Some Useful Services.
| Online Trade Reports. | YES. |
| Online PNL Reports. | YES. |
| Intraday Chart Facility. | 22Days |
| End of Day Chart Facility. | 10Years |
| 3 in 1 Account. | NO. |
| Instant Fund withdrawal. | NO. |
| Relationship Managers. | YES. |
Useful Details.
| Price (Broker Type). | Unlimited Trading. |
| Headquarters City (Head Office). | Mumbai(Maharashtra). |
| Total Branches (Presence). | 1 Branches. |
| Research & Tips. | No Research & Tips. |
| Total Experience in Broking. | 4 Years of experience. |
| Year of Incorporation. | 2012. |
Client Info & NRI Account opining Regulations.
| Current Active Client Base? | More Than 25,000. |
| NRI Account Opining Allowed Or Not. | YES, It is Allowed. |
Fund Transfers Service.
| Number of bank linked to account. | 20+ |
| Mode of payment (Withdraw &Deposit). | Instant,NEFT/RTGS. |
| Fund Payin processing time. | Instant,NEFT/RTGS. |
| Fund Payout processed (Working Days). | NEFT/RTGS : 24-48 business hours. |
Turnover & Other Charges.
| Equity (Cash & Delivery) Turnover charges. | 0.0035% of Turnover. |
| Equity Futures Turnover charges. | 0.0021% of Turnover. |
| Equity Options Turnover charges. | 0.055% of Turnover. |
| Currency Futures Turnover charges. | 0.00155%. |
| Currency Options Turnover charges. | 0.0060%. |
| Commodities Turnover charges. | 0.0026% for futures. |
| Dial & Trade charges. | Rs. 20 / per executed order. |
| DP Transaction charge. | Rs 22 /per Debit Transaction. |
Support & Tools Available.
| Brokerage calculator. | YES. |
| Margin Calculator. | YES |
| Bracket orders & Trailing stoploss. | YES. |
| Cover order. | YES. |
| User guide & remote end support. | YES. |
Reports & Confirmation.
| Contract notes on Email. | Yes (Register Email ID). |
| Contract notes online. | Yes (Register Email ID). |
| Periodical statement on Email. | Yes (Register Email ID). |
| Trade confirmation on Email. | Yes (Register Email ID). |
| Trade confirmation on SMS. | Yes (Register Email ID). |
Additional Features.
| Charting (Intraday & EOD). | YES. |
| Coding or Backtesting (Algo Trading). | Yes (Algo trading). |
| Referral program (Affiliate). | Not Available. |
| Training & Education. | Yes, Education via markettalk. |
| Online trading community. | Markettalk. |
Customer Care Services.
| Contact Details. | Registered Office. RKSV, 807 New Delhi House, New Delhi 110001.Corporate Office. 212, Trade Centre, BKC, Bandra (E), Mumbai – 400 098 |
| Call. | Customer Care.+91-22-6130-9999. Monday-Friday: 8:00 am – 7:00 pm. Saturday: 10:00 am – 200 pm. |
| Email. | New Customers: [email protected] Existing Customers: [email protected] Back Office: [email protected] |
| Complaints Or Grievances. | [email protected] |
Upstox Review & Ratings
On the scale of 5 (0 is worst & 5 is best). Below are the review & rating for Upstox.
| Summary | Ratings |
|---|---|
| Customer Experience | 4.5 / 5 |
| Trading Platform / Mobile APP | 4.9 / 5 |
| Services | 4.5 / 5 |
| Brokerage Charges | 5 / 5 |
| Fund Add / Withdrawal | 5 / 5 |
| Overall Rating | 4.5 / 5 |
| Star Rating | ★★★★★ |
| Review Counts | 1221 |
Sebi Registration.
| 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. |
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