Upstox Brokerage Charges 2026: Complete Pricing, Fees & Other Charges
Modern discount broker offering fast trading platforms, flat brokerage and investment products for traders and investors.
Understanding brokerage charges is one of the most important steps before opening a trading account. Upstox follows a transparent discount brokerage model, making it easier for traders and investors to estimate their trading costs. Whether you invest in equity, futures & options (F&O), commodities, or currencies, knowing the applicable brokerage, taxes, and other statutory charges can help you make better trading decisions. This guide explains Upstox brokerage charges in detail so you know exactly what to expect before placing your trades.
Upstox follows a flat brokerage structure across most trading segments. Instead of charging a percentage of the trade value, the broker applies a fixed brokerage up to a specified limit per executed order, making costs predictable for active traders. In addition to brokerage, investors should also consider exchange transaction charges, DP charges, GST, SEBI turnover fees, stamp duty, and Securities Transaction Tax (STT), as these are applicable according to the transaction type.
For long-term investors, brokerage is only one part of the overall trading cost. Demat account charges, annual maintenance charges (AMC), and DP charges on sell transactions also affect the total investment cost. Therefore, before selecting any broker, it is advisable to review all account-related charges instead of comparing brokerage alone.
One of the advantages of Upstox is its simple pricing structure, which makes it easier for beginners to understand trading costs. Investors can also use the Upstox Brokerage Calculator to estimate brokerage, taxes, and net profit or loss before executing a trade. This helps traders plan their positions more efficiently and avoid unexpected costs.
Upstox supports trading in equities, derivatives, commodities, and currencies through a single trading account. While brokerage remains competitive, statutory charges such as STT, GST, exchange transaction charges, and stamp duty are levied according to government and exchange regulations. These charges are common across brokers and vary depending on the trading segment and transaction type.
Before opening an account, investors should compare brokerage charges along with platform features, customer support, available investment products, and overall trading experience. Choosing a broker based only on low brokerage may not always provide the best trading experience if important features or services are missing.
Overall, Upstox offers a transparent brokerage structure that suits both beginners and experienced traders. With competitive pricing, digital account management, and access to multiple investment products, it remains one of the preferred discount brokers in India. Reviewing the latest brokerage schedule and other applicable charges before trading will help investors manage costs effectively and make informed investment decisions.
Upstox account opening & AMC charges
| Transaction | Fee |
|---|---|
| Trading account opening | ₹0 (Online) |
| Trading account AMC | ₹0 (First Year)* |
| Demat account opening | ₹0 |
| Demat account AMC | ₹300 + GST/year (applicable after promotional period for eligible accounts) |
Upstox brokerage by segment
| Segment | Charge |
|---|---|
| Equity Delivery | ₹20 per executed order |
| Equity Intraday | ₹20 or 0.1% (whichever is lower) |
| Equity Futures | ₹20 or 0.05% (whichever is lower) |
| Equity Options | Flat ₹20 per executed order |
| Currency F&O | ₹20 or 0.05% (whichever is lower) |
| Commodity F&O | ₹20 or 0.05% (whichever is lower) |
| Call & Trade | ₹75 + GST per order |
| DP charges (per ISIN, sell) | ₹20 per scrip per day (on sell transactions) |
Upstox demat account charges
The demat account transactions are charged separately from the trading commission.
| # | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening | ₹0 |
| 2 | Demat Account AMC | ₹300 + GST/year* |
| 3 | DP Charge (Sell) | ₹20 per scrip per day |
| 4 | Pledge Creation | ₹20 + GST per request |
| 5 | Rematerialisation | ₹100 per certificate + applicable charges |
| 6 | Off-market Transfer | ₹20 + GST per ISIN |
| 7 | Failed Transactions | Nil |
Upstox transaction charges (exchange turnover charge)
A combination of exchange turnover charge and trade clearing charge, levied by the exchange and passed through.
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE: 0.00307% (BSE as applicable) |
| Equity Intraday | NSE: 0.00307% |
| Equity Futures | NSE: 0.00183% |
| Equity Options | NSE: 0.03553% (Premium) |
| Currency Futures | As per exchange |
| Commodity | As per exchange |
Upstox trading taxes & regulatory charges
Government taxes and fees in addition to the brokerage — shown in the contract note. Set by the government / regulator and identical across every Indian broker.
| Charge | Rate |
|---|---|
| Securities Transaction Tax (STT) | As per Government rules (segment-wise) |
| Exchange Transaction Charges | As applicable |
| GST | 18% on Brokerage + Exchange Charges + SEBI Charges + applicable fees |
| SEBI Charges | ₹10 per crore |
| Stamp Duty | As per Government prescribed rates (Buy side only) |