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Upstox Pricing Guide

Upstox Brokerage Charges

Before opening or using an Upstox Demat and Trading account, users should understand brokerage, AMC, DP charges, GST, STT/CTT, exchange transaction charges, SEBI charges, stamp duty, and other applicable fees.

Upstox’s official pricing information mentions brokerage up to ₹20/order on eligible Stocks, F&O, Commodity and Currency trades, and zero commission on Mutual Funds and IPOs. Other charges may apply depending on segment, order type, account status, exchange rules, and government or regulatory charges.

₹20 Brokerage Mutual Funds ₹0 Commission IPO ₹0 Commission DP Charges AMC GST STT Stamp Duty

Quick Charge Summary

₹20* Up to brokerage per eligible order
₹0* Commission on Mutual Funds and IPOs
₹20 + GST* DP charges on sell equity delivery orders

*Charges may change. Always verify the latest official Upstox pricing before opening an account or placing trades.

Charges Overview

Understand Upstox Charges Before You Trade

Upstox follows a pricing model where brokerage and account-related charges may vary based on the product, segment, order type, and official pricing terms. Users should not look only at brokerage; they should also understand statutory charges, exchange charges, DP charges, taxes, and account-related fees.

Key Points

  • Up to ₹20/order brokerage on eligible Stocks, F&O, Commodity and Currency trades.
  • Zero commission on Mutual Funds and IPOs as per current Upstox pricing.
  • AMC may apply as per official pricing terms.
  • DP charges may apply when shares are sold from Demat account.
  • GST, STT/CTT, exchange charges, SEBI charges and stamp duty may apply.
  • Account processing fee may be charged during onboarding.
Brokerage Table

Upstox Brokerage Charges by Segment

This table is for user understanding only. Charges may change from time to time. Users should verify the latest official Upstox pricing before opening an account or placing trades.

Segment / Product Brokerage / Charges
Equity Delivery / Stocks Up to ₹20/order as per official pricing
Equity Intraday Up to ₹20/order as per official pricing
Futures & Options Up to ₹20/order as per official pricing
Commodity Trading Up to ₹20/order as per official pricing
Currency Trading Up to ₹20/order as per official pricing
Mutual Funds Zero commission as per official pricing
IPOs Zero commission as per official pricing
Account Opening / Processing May be free or processing fee may apply during onboarding
AMC ZERO AMC for newly onboarded customers in the first year; charges may apply later as per terms

Important: The above information is for general understanding. Please check the official Upstox pricing page before opening an account or placing trades.

What Does Brokerage Mean?

Brokerage is the fee charged by a broker for executing buy or sell orders. In Upstox’s current pricing, brokerage is mentioned as up to ₹20/order on eligible Stocks, F&O, Commodity and Currency trades.

Brokerage is not the only cost. Users should also check DP charges, GST, STT/CTT, exchange transaction charges, SEBI charges, stamp duty, and other fees before trading.

Account Opening, AMC and Processing Charges

Upstox pricing information mentions that account opening may be free, but an account processing fee may be charged during the onboarding journey.

  • Account opening charges may depend on current offer.
  • Account processing fee may apply during onboarding.
  • ZERO AMC may be applicable for newly onboarded users in the first year.
  • AMC may apply later as per account type and pricing terms.
  • BSDA and non-BSDA charges may differ.

What are DP Charges in Upstox?

DP charges, or Depository Participant charges, may apply when securities are debited from the Demat account, usually when a user sells shares from holdings.

  • DP charges generally apply on delivery sell transactions.
  • DP charges are separate from brokerage.
  • DP charges may include CDSL and broker components.
  • GST may apply on DP charges.
  • Users should verify the latest DP charges before trading.

Other Charges Apart from Brokerage

Apart from brokerage, users may need to pay government, exchange, and regulatory charges. These charges are not controlled only by the broker and may vary by segment and transaction type.

GST STT/CTT Exchange Charges SEBI Charges Stamp Duty DP Charges Clearing Charges Payment Gateway Charges
Investment Charges

Mutual Fund and IPO Charges on Upstox

Upstox’s official pricing information mentions zero commission on Mutual Funds and IPOs. However, users should understand that mutual fund schemes may have their own scheme-level expenses such as expense ratio or exit load, depending on the fund. IPO applications may also depend on UPI mandate and applicable market rules.

Key Points

  • Zero commission on Mutual Funds as per Upstox pricing.
  • Zero commission on IPOs as per Upstox pricing.
  • Mutual funds may still have scheme-level charges.
  • IPO application depends on UPI mandate and issue availability.
  • Users should read scheme documents and IPO details before investing.
Before You Trade

Charges Checklist Before Placing Trades

This checklist helps users understand the estimated cost before trading.

Brokerage
DP charges, if selling delivery shares
GST
STT/CTT
Exchange transaction charges
SEBI charges
Stamp duty
Segment-specific charges
Order type and product type
Margin and risk requirements
The Share Brokers Support

How The Share Brokers Helps with Upstox Charges

The Share Brokers Financial Services helps users understand the Upstox account opening process, brokerage basics, pricing information, KYC, documents, and onboarding support.

Trust Details

Authorised Person Name: Pallav Kumar Jha

AP Code: AP2513035551

Associated Broker: Upstox Securities Pvt. Ltd.

Support Includes

  • Account opening guidance
  • KYC onboarding support
  • Document checklist support
  • Basic charges explanation
  • Brokerage and DP charge understanding
  • Basic platform onboarding support
  • Support scope explanation

We Do Not Provide

  • Stock tips
  • Trading calls
  • Investment advice
  • Research recommendations
  • Portfolio management
  • Guaranteed return services
  • Trading on behalf of users
Safety & Awareness

Check Charges and Trade Safely

Always verify charges from official sources and avoid relying on outdated screenshots, unofficial claims, or guaranteed return promises.

Always check the latest official Upstox charges
Do not rely on outdated screenshots or unofficial claims
Do not transfer trading funds to personal bank accounts
Use only official Upstox payment methods
Read all risk and charge disclosures
Avoid guaranteed return claims
Understand market risks before trading
Do not share OTP, password, PIN, or login details
FAQs

Upstox Brokerage Charges FAQs

1. What are Upstox brokerage charges?

Upstox’s official pricing page mentions brokerage up to ₹20/order on eligible Stocks, F&O, Commodity and Currency trades. Users should verify the latest official pricing before trading.

2. Is Upstox account opening free?

Upstox pricing currently mentions free account opening, but an account processing fee may be charged during onboarding. Users should check the latest official pricing before opening an account.

3. Does Upstox charge AMC?

Upstox mentions ZERO AMC for newly onboarded customers in the first year. For non-BSDA users, AMC of ₹300 + GST may apply later as per official terms. Users should verify the latest pricing.

4. What are Upstox DP charges?

DP charges may apply when shares are sold from a Demat account. Upstox’s brokerage calculator mentions total DP charges of ₹20 + GST for sell equity delivery orders.

5. Are mutual funds free on Upstox?

Upstox’s pricing page mentions zero commission on Mutual Funds. However, mutual fund schemes may have their own expenses such as expense ratio or exit load.

6. Are IPO applications free on Upstox?

Upstox’s pricing page mentions zero commission on IPOs. Users should still check applicable IPO process, UPI mandate rules, and official platform terms.

7. What other charges apply apart from brokerage?

Other charges may include GST, STT/CTT, exchange transaction charges, SEBI charges, stamp duty, DP charges, clearing charges, and other applicable fees.

8. Can brokerage and charges change?

Yes. Brokerage, AMC, DP charges, exchange charges, statutory charges, and offer terms can change. Users should always verify the latest official Upstox pricing.

9. Does The Share Brokers help explain Upstox charges?

Yes. The Share Brokers Financial Services helps users understand basic Upstox brokerage, charges, KYC, documents, and onboarding support. Final pricing should always be verified from Upstox’s official pricing page.

10. Does The Share Brokers provide trading advice?

No. The Share Brokers Financial Services does not provide stock tips, trading calls, investment advice, research recommendations, portfolio management, or guaranteed return services.

Ready to Open Your Upstox Account?

Open your Upstox Demat and Trading account online and understand charges before you trade. Get guided onboarding support from The Share Brokers Financial Services.

The Share Brokers Financial Services assists with account opening and onboarding support only. We do not provide stock tips, trading calls, investment advice, portfolio management, or guaranteed return services.