Upstox review
Active intraday/F&O traders who want a fast modern app and API, and don't mind ₹20 flat on delivery. Charges verified as of Jun 2026.
By NexMaxo Editorial Team · Charges verified Jun 2026 · standard published equity plan
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Upstox charges at a glance
Open account- Equity delivery
- ₹20 per order
- Intraday
- ₹20 or 0.1%, lower
- DP sell / scrip
- ₹23.6
- Account opening
- ₹0
- Demat AMC
- ₹0 first year, then ₹300 + GST (₹354)/yr
- Type
- Discount
Platforms: Upstox app, Upstox Pro Web (TradingView charts), trading/developer API
Pros & cons
- Flat, predictable pricing: ₹20 per order on delivery, ₹20-or-0.1%-lower intraday, ₹20 flat on options
- Fast, modern Upstox Pro platform with TradingView charts plus a well-documented trading/developer API
- Free account opening and zero AMC in the first year; large, established Tiger Global-backed broker
- Quick fully-digital onboarding — account typically active the same day
- Equity delivery is NOT free — ₹20 per executed order, unlike Zerodha/Dhan-style zero-delivery brokers
- Demat AMC of ₹300/yr + GST from the second year (non-BSDA)
- DP charge of ₹23.60 per scrip on every delivery sell
- No NRI accounts; phone/call-and-trade support is limited and chargeable; slowdowns reported in high-volatility sessions
Compare Upstox
Upstox — FAQs
As of Jun 2026, Upstox charges ₹20 per order on equity delivery and ₹20 or 0.1%, lower on intraday, plus a DP charge of ₹23.6 per scrip on every delivery sell. Statutory charges (STT, exchange, SEBI, stamp duty, GST) are the same across all brokers. Confirm current rates on the official charges page.
Yes — Upstox charges ₹20 per order on equity delivery, unlike zero-delivery brokers such as Zerodha and Dhan. A per-scrip DP charge of ₹23.6 also applies on every delivery sell.
₹0 first year, then ₹300 + GST (₹354)/yr. AMC is a recurring fee to keep your demat account active; a BSDA (Basic Services Demat Account) can reduce it to ₹0 for small holdings. Confirm the current AMC on the broker's site.
Upstox is a SEBI-registered broker and exchange member. Your shares aren't held by the broker — they sit in your name with the depositories (CDSL/NSDL), so they're protected even if the broker has issues. Keep your login secure and verify holdings in your CDSL/NSDL statement.
This is an informational review of published charges, not investment advice or a recommendation to open an account. Charges are the standard equity plan verified as of Jun 2026; brokers change pricing and run promotions, so confirm current rates on the official charges page before opening. Investing carries market risk.