Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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-44.09% 2,771,549 Clients
Upstox Account Opening Enquiry
Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kal... 
Do you have questions about Upstox share trading account or Upstox Demat account?
Get all your share trading doubts and questions answered by reading the Upstox demat, trading account information FAQ. All Upstox questions, Upstox q&a, Upstox faq and Upstox questions and answers.
It is a limited-time offer. Open Instant Account and start trading the same day.
Yes. Upstox is an online discount stock broker backed by funding from Mr. Ratan Tata.
He held 1.33% stake in the company As of Jan 2020.
Upstox investor includes:
Remaining 50% stacks are with the promoters of the company which includes Mr. Ravi Kumar and Mr. Shrinivas Viswanath.
Upstox is not a listed company. It is a privately owned company run by the promoters Mr. Ravi Kumar and Mr. Shrinivas Viswanath. Along with the promoters, upstox has major private investors like Mr. Ratan Tata, Tiger Global Management, GVK Davix, and Kalaari Capital Partners.
Yes, Upstox is a genuine stockbroker. It is an online brand of RKSV Securities India Pvt Ltd. Upstox is a SEBI registered broker. It has been in the discount broking business since 2012.
Upstox is audited by stock exchanges regularly. There are no major violations done by the company so far.
Upstox is India's fastest growing discount brokerage company. They are ranked among the top 3 online brokers (by the number of active customers). Here are a few facts about why upstox is good:
Upstox doesn't do proprietary trading.
Upstox was founded as a proprietary trading company and later entered into retail brokerage space in 2009.
Upstox stopped its proprietary trading business in 2017. The company doesn't do any more proprietary trading.
Upstox accounts can be canceled by submitting an account closure request form. An empty PFD form is available on the upstox website.
Note that you cannot cancel the Upstox account online. It is an offline process where you have to sign a paper form and send it to the upstox office.
Steps to cancel Upstox Account
To change your email address in the upstox account, you have to open an online service request.
Steps to change email id in Upstox
Once the request is submitted, it will be processed in 24 to 72 hours.
To change your phone number in the upstox account, you have to open an online service request.
Steps to change phone number in Upstox
Once the request is submitted, it will be processed in 24 to 72 hours.
Upstox is a brand of RKSV Securities for retail broking business. They are the same.
RKSV Securities started offering retail broking services in early 2012 under the brand name RKSV. In May 2016, the company rebranded its services to Upstox. The company is registered with NSE, BSE, MCX, CDSL and SEBI as RKSV Securities Pvt Ltd.
Mr. Ravi Kumar, Mr. Raghu Kumar and Mr. Shrinivas Viswanath who were founders of RKSV are the founders of the Upstox. The company is backed by notable investors like Ratan Tata, Tiger Global, and GVK Davix.
Yes, Upstox is a SEBI registered stock broker and demat service provider. Upstox SEBI Registration No. is INZ000185137 (as RKSV Securities India Pvt Ltd).
Upstox is also a member of NSE, BSE and MCX stock exchanges and CDSL and NSDL central depositories.
Upstox is a member of both depository participants i.e. NSDL and CDSL. Based on which DP you have your account with; your DP id could be different.
Steps to find Upstox DP ID:
Note that your Upstox demat account number has 16 digits. The first 8 digits are the DP ID. The remaining 8 digits are Client ID. You could also take DP ID from your demat account number.
Upstox and Zerodha are online discount stock brokers offering similar services at similar trading costs. Zerodha is the largest discount broker whereas Upstox is 2nd largest discount broker.
Zerodha and Upstox are almost the same. Both offer online trading at BSE, NSE, and MCX for flat Rs 20 per trade. Note that Zerodha offers brokerage-free equity delivery trades while upstox charges Rs 20 per trade. Zerodha also has a better brand name, strong management, and customer-friendly trading tools.
Zerodha and Upstox both offer competitive trading tools and pricing. Zerodha trading platform Kite is superior then Upstox Pro. Zerodha investment in technology is higher in comparison to upstox. Upstox provides 3rd party trading tools like Dartstock, NEST, and Fox Trader.
Yes, BTST (buy today - sell tomorrow) facility is available with Upstox.
No, STBT (sell today - buy tomorrow) is not available with Upstox.
No, custom indicators are not allowed.
But they have over 150+ indicators. These indicators are configurable. This means you could set the parameters as per your choice.
The list of 150+ indicators covers mostly all of them needed by a trader.
Upstox is the trading platform offered by RKSV, the popular discount broker offering Equity, Commodity and Currency Derivatives trading services at BSE, NSE and MCX. It is built on top of Omnesys NEST OMS (Order Management System). Upstox makes it extremely easy to place orders through mobile or web browser. It's a faster and free trading platform.
Upstox is the Mobile and Website based trading platform offering trading, analysis, charting and many more rich trading features.
Incorporated in 2009, RKSV Securities is Mumbai, India based discount share broker.
Upstox is the trading platform offered by RKSV. Upstox trading apps use Omnesys API's. It is built on Omnesys order management system (OMS) and Risk Management System (RMS) as backend. Omnesys is a Thomson Reuters company offering the trading platform to many clients. Upstox was launched in on Aug 15, 2015.
Upstox does not offer brokerage-free trading in the Equity Delivery segment as it used to do before 21st Aug 2021. The commission for equity delivery trades is Rs 20 per trade or 0.1% (whichever is lower) and Intraday and F&O trades is Rs 20 per trade or 0.05% (whichever is lower).
Starting from Aug 21, 2021, Upstox does not offer brokerage-free trading in the Equity Delivery segment. The brokerage for equity delivery trades is Rs 20 per trade or 0.1% (whichever is lower) and Intraday and F&O trades is Rs 20 per trade or 0.05% (whichever is lower). The existing customers of Upstox continue enjoying Rs 0 equity delivery brokerage.
Upstox is available in two version:
The upstox platform doesn't have installable exe based trading terminal. It only a mobile and web trading platform. But RKSV offers few third party trading terminals including Omnesys NEST, Dartstock, and FoxTrader.
Yes, Upstox trading apps are well integrated with the back office.
All three are available on both web/mobile platform. The Cover order and bracket orders are available for both Equity and Commodity trading.
Upstox offers MF's through a separate website. The upstox apps have a link to this mutual funds investment website.
The major difference between Upstox and Upstox Pro is the trading platform (or trading website).
Upstox basic trading website is built for investors (not for traders). It has limited feature but enough for an investor who buys and sell share once in a while. It's simple, easy to use and fast.
Upstox Pro trading website is built for Intraday and F&O traders. It has rich trading features of conventional trading terminals.
If you are a share market investors (who mostly does delivery based trading), it's recommended to have Upstox basic which is simple.
Installable trading terminal is an old concept when the internet speed was slow and computers were not that powerful. Today, most computers are fast and have excellent internet speed.
Today's brokers are investing in building a web-based trading platform which provides equal experience as trading terminal. Upstox Pro is a similar trading application where the only system requirement you have is the web browser. Upstox Pro offers a fully functional trading terminal with live data updates, shortcut keys, and widgets to adjust the screen in your browser.
One of the biggest advantages of Upstox Pro is that you don't have been dependent on one single computer, unlike traditional exe based installable trading terminal. You can trade from any computer which has a web browser and get similar features as a trading terminal.
No, upstox do not have any service that let you program your Algo strategies.
Yes, both Trailing-Stop/Stop-Loss are available with upstox. These features available for both Equity and Commodity Trading.
Shares would be held in a beneficiary account for 15 trading days. If you wish to get the same transferred to the linked demat account or hold in beneficiary for few more days, they do so. Note that shares cannot be held in beneficiary for more than a quarter as per regulatory guidelines.
Yes. Cover Orders (CO), Bracket Orders (BO) and Trailing Stop Loss Orders are available at Upstox in both Equity and Commodity.
Yes, Upstox is a profitable company but how much profit it makes is unknown as it's a privately held company.
The company raised over $29 million in funding from leading investors like Ratan Tata, Tiger Global and GVK Davix.
Upstox charges Rs 0 (Free) Annual Maintenance Charge (AMC) for a trading account and Rs 150 for a Demat account. AMC is charged to maintain the accounts.
Upstox charge Rs 20 per executed order or 2.5% whichever is low for equity delivery trade. These trades are also known as cash & carry trades or CNC.
Espresso customer also has to pay taxes, demat debit transaction fee (Rs 13.5 per trade) and exchange transaction charges.
Upstox charge Rs 20 per executed order or 0.05% whichever is lower for intra-day trades. These orders are also known as Margin Intraday Square-up or MIS orders. All open intraday orders are auto squared-off at the end of the day. Extra leverage is offered for these trades.
In addition you have to pay taxes and exchange transaction charges.
Upstox charge Rs 20 per executed order or 0.05% whichever is lower for equity, currency and commodity futures trading.
Upstox charges Rs 20 per executed order for equity, currency and commodity options trading. Options are highly leveraged derivative products. Options trading is used in many ways including hedging or to reduce the risk exposure of the portfolio.
Upstox brokerage charges for commodity futures is Rs 20 per executed order or 0.05% whichever is lower and commodity options is Rs 20 per executed order. Commodities futures are agreements to buy or sell raw material (food, energy or metal) at a specific date in the future at a particular price. Commodity options contracts are the right to buy (call option) or sell (put option) underlying commodity futures at predetermined prices on the date of contract expiry.
Upstox charge Rs 20 per executed order or 0.05% whichever is lower for currency futures trading and Rs 20 per executed order for currency options trading.
Transaction Charges (or Exchange Turnover Charges) is a fee charged by the stock exchanges for trades done through them. Most brokers include clearing charges to it. These charges can be seen in the contract note.
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
| Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) |
| Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) |
| Currency Options | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) |
| Commodity | Group A - Rs 290 per Cr (0.0029%) |
Yes. Upstox offers online IPO applications to its customers. Initial Public Offer (IPO) offers an early opportunity to buy shares of companies that are not previously traded publicly.
No. Upstox doesn't offer Mutual Funds investment. You could buy Mutual Funds directly from Asset Management Companies (AMC) i.e. ICICI Prudential, HDFC, Aditya Birla Sun Life.
Yes. Upstox provide margin funding.
Upstox auto square-off all open intraday positions at 3:00 PM.
No. Upstox doesn't provide trading tips for stock and commodity trading to its customers.
Upstox Account Opening Enquiry
Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.
Information on this page was last updated on Friday, October 4, 2024
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| Link|January 15, 2022 7:47:32 AMReply
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