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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.

Discount Broker Clients: 30+ lakh (approx.) Since 2009
4.4/5
Overall ratingBased on 1 reviews
Written By: The Top Stock Broker Last Updated: SEBI data verified

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

TransactionFee
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

SegmentCharge
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 OptionsFlat ₹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)
Note: Upstox follows a flat brokerage model with a maximum brokerage of ₹20 per executed order across most trading segments. IPO and Mutual Fund investments are offered without brokerage. Government taxes and exchange charges are applicable separately.

Upstox demat account charges

The demat account transactions are charged separately from the trading commission.

#TransactionCharges
1Demat Account Opening₹0
2Demat Account AMC₹300 + GST/year*
3DP Charge (Sell)₹20 per scrip per day
4Pledge Creation₹20 + GST per request
5Rematerialisation₹100 per certificate + applicable charges
6Off-market Transfer₹20 + GST per ISIN
7Failed TransactionsNil

Upstox transaction charges (exchange turnover charge)

A combination of exchange turnover charge and trade clearing charge, levied by the exchange and passed through.

SegmentTransaction Fee
Equity DeliveryNSE: 0.00307% (BSE as applicable)
Equity IntradayNSE: 0.00307%
Equity FuturesNSE: 0.00183%
Equity OptionsNSE: 0.03553% (Premium)
Currency FuturesAs per exchange
CommodityAs 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.

ChargeRate
Securities Transaction Tax (STT)As per Government rules (segment-wise)
Exchange Transaction ChargesAs applicable
GST18% on Brokerage + Exchange Charges + SEBI Charges + applicable fees
SEBI Charges₹10 per crore
Stamp DutyAs per Government prescribed rates (Buy side only)

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Disclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently — always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.

Frequently Asked Questions

Upstox follows a flat brokerage model across most trading segments. The exact brokerage depends on the segment and applicable pricing structure.

Brokerage for equity delivery depends on the applicable pricing plan. Investors should refer to the latest brokerage schedule for current charges.

No. GST, Securities Transaction Tax (STT), exchange transaction charges, SEBI turnover fees, and stamp duty are charged separately as per applicable regulations.

Yes. DP charges are applicable on eligible sell transactions from the Demat account.

Yes. Investors can use the Upstox Brokerage Calculator to estimate brokerage, taxes, and the total cost of a trade before placing an order.