Upstox Brokerage

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rgeDiscount brokers numbers are increasing drastically in the Indian stock market. But does each one of them provides similar benefits? In fact, do they actually charge the minimum brokerage? To begin with, here we are with the complete details of Upstox Brokerage.

As per the stockbroker model, Upstox is a discount broker after Zerodha. To beat the tough competition, Upstox too came up with the minimal brokerage model thus allowing traders and investors to trade at the least cost.

Wondering what are the minimum and maximum brokerage charges imposed by the broker to trade in different segments?

Let’s dive in to know about the percentage and brokerage plan in detail.

Upstox Brokerage Charges List

Now again another question, what trading segments are available, or what are the trading segments in which you can trade by opening a Upstox Demat account.

Since Upstox is registered with all the stock exchanges including, NSE, BSE, MCX, and NCDEX. It, therefore, lets you trade across various segments including equity, commodity, currency, derivatives. The brokerage charges for all the segments differ from each other.

In this article, we will talk about the Upstox Brokerage in the following segments.

Intraday Brokerage
Delivery Brokerage
Options Brokerage
Futures Brokerage
Currency Brokerage
Commodity Brokerage

Upstox charges flat fees to trade in all the above segments and apart from this, there are taxes and additional fees like STT charges, stamp duty, GST, and Upstox transaction charges.

Let us look at the Upstox brokerage charges across different segments one by one.

Intraday Brokerage Charges in Upstox

Intraday trading is the buying and selling of shares on the same day. Upstox lets the traders make significant profits in intraday trading. Therefore, it is crucial that the intraday charges are minimal so that the trader has to pay less and can make profits.

The Upstox equity intraday brokerage is ₹20 per executed order or 0.05% (whichever is lower). Since there is a Upstox brokerage percentage involved in this, it is very beneficial. Let us understand this with the help of an example.

Suppose you bought 100 shares of ABC company for ₹140 each and sold them on the same day for ₹160 per share. The total turnover, in this case, will be 14000+16000= ₹30,000.

The intraday brokerage, in this case, will be 0.05% of ₹30,000 = ₹15. So you will have to pay ₹15 as brokerage charges.

Just in case the total turnover comes out to be ₹60,000, you don’t have to pay ₹30 (0.05%); instead, you will pay only ₹20.

The details of the Upstox brokerage in intraday are given in the table below.


Upstox Intraday Brokerage
Brokerage	₹20 per executed order or 0.05% (whichever is lower)
STT Charges	0.025% only on sell.
Transaction Charges	NSE: 0.00345% per trade on buy & sell.
	BSE: charges vary as per the scrip group
GST	18% (on brokerage + transaction charges)
SEBI Charges	₹ 5 / crore

Upstox Equity Delivery Charges

Like some brokers look for short-term benefits from intraday trading, there are various traders that aim for long-term goals. In delivery trading, the shares are stored in your Demat account till the time you decide to sell them off.

The details of Upstox brokerage for delivery are summarised in the table given below.


Upstox Delivery Brokerage
Brokerage	₹20 per executed order or 2.5% (whichever is lower)
STT Charges	0.1% on both buy & sell.
Transaction Charges	NSE: 0.00345% per trade on buy & sell.
	BSE: charges vary as per the scrip group
DP Charges	Rs. 18.5 per scrip per day only on sell.
GST	18% (on brokerage + transaction charges)
SEBI Charges	₹ 5 / crore

So, the maximum brokerage charge you will have to pay for executing the delivery trades in Upstox is ₹20, irrespective of the turnover you generate.

If you do delivery trading and you generate a turnover of ₹30,000. Your brokerage, in this case, will be ₹20 and not ₹750 (which is 2.5%).

Apart from the brokerage fees, however, there are some DP charges also called debit transaction charges imposed whenever you sell your holdings.

Upstox Option Brokerage

There have been many changes bought in by the SEBI new margin rules, because of which the popularity of options trading has increased several folds in recent times. Although a lot of traders worry about the risks involved in options trading, it is still an excellent segment to make profits.

You can trade options in equity, commodity, and currency segments.

The brokerage charges for options in Upstox are as follows.


Upstox Option Brokerage
	Equity Options	Currency Options	Commodity Options
Brokerage	₹20 per executed order.	₹20 per executed order.	₹20 per executed order.
STT Charges	0.05% on sell side (premium)	NIL	0.05% on sell-side (on premium). 0.125% on (Settlement Price Quantity) to be paid by Buyer in option exercise
Transaction Charges	NSE: Exchange turnover charge: 0.053%	NSE:Exchange turnover charge: 0.04%	Exchange turnover charge: 0
		Clearing charge:0.025%
	Clearing charge: 0.005%	BSE:Exchange turnover charge: 0.001%	Clearing charge: 0.002% on buy + sell [Rs. 200/crore]
		Clearing charge:0.025%
GST	18% (brokerage + transaction charges)	18% (brokerage + transaction charges)	18% (brokerage + transaction charges)
SEBI Charges	₹ 5 / crore	₹ 5 / crore	₹ 5 / crore

A lot of brokers charge brokerage according to the number of lots as options trading is done in lots. But with Upstox, you don’t have to pay brokerage according to lots. So, no matter how many lots you are trading in a single order, you have to pay ₹20 brokerages.

Upstox Futures Brokerage

Just like you trade in options, you can also do the same for the futures segment. Again, similar to options, there are equity futures, commodity futures, and currency futures.

The brokerage charges for equity, currency, and commodity futures in Upstox are ₹20 per executed order or 0.05% (whichever is lower)

The details of Upstox futures brokerage are given in the table below.


Upstox Futures Brokerage
	Equity Options	Currency Options	Commodity Options
Brokerage	Rs. 20 per executed order or 0.05% (whichever is lower)	Rs. 20 per executed order or 0.05% (whichever is lower)	Rs. 20 per executed order or 0.05% (whichever is lower)
STT Charges	0.01% on sell.	NIL	0.01% on sell trade (Non-Agri)
Transaction Charges	NSE: Exchange turnover charge: 0.0020%	NSE: Exchange turnover charge: 0.0009%	Non-Agri: Exchange turnover charge: 0.0026%
		Clearing charge: 0.0004%	Non-Agri:
	Clearing charge: 0.0002%	BSE:Exchange turnover charge: 0.00022%	Clearing charge: 0.0005%
	Clearing charge: 0.0002%	Clearing charge: 0.0004%	Clearing charge: 0.0005%
GST	18% (brokerage + transaction charges)	18% (brokerage + transaction charges)	18% (brokerage + transaction charges)
SEBI Charges	₹ 5 / crore	₹ 5 / crore	₹ 5 / crore

Upstox Commodity Brokerage

Another segment that you can make profits is the commodity segment. Upstox is registered with MCX and therefore lets its clients trade commodities like crude oil, silver, cotton, gold, etc.

You need to activate your commodity segment in Upstox and then you are absolutely eligible to start trading in that segment. The Upstox commodity brokerage is as follows.


Upstox Commodity Brokerage
	Commodity Futures	Commodity Options
Brokerage	Rs. 20 per executed order or 0.05% (whichever is lower).	Flat Rs. 20 per executed order.
STT Charges	0.01% on sell trade (Non-Agri)	0.05% on sell trade
Transaction Charges	Non-Agri: Exchange turnover charge: 0.0026%	Exchange turnover charge: 0
	Clearing charge: 0.0005%	Clearing charge: 0.002% on buy + sell [Rs. 200/crore]
GST	18% (brokerage + transaction charges)	18% (brokerage + transaction charges)
SEBI Charges	Agri: 1/Cr	Rs. 5/Cr
	Non-Agri: 5/Cr	Rs. 5/Cr

Upstox Currency Brokerage

You can trade currencies also with the Upstox Demat account. Currency trading is also gaining momentum and has the potential to give you great profits as well. You can only trade currencies in either futures or options.

The Upstox currency brokerage charges are given in the table below.


Upstox Currency Brokerage
	Currency Futures	Currency Options
Brokerage	Rs. 20 per executed order or 0.05% (whichever is lower).	Flat Rs. 20 per executed order.
STT Charges	Nil	Nil
Transaction Charges	NSE: Exchange turnover charge: 0.0009%	NSE: Exchange turnover charge: 0.04%
	Clearing charge: 0.0004%	Clearing charge: 0.025%
	BSE: Exchange turnover charge: 0.00022%	BSE: Exchange turnover charge: 0.001%
	Clearing charge: 0.0004%	Clearing charge: 0.025%
GST	18% (brokerage + transaction charges)	18% (brokerage + transaction charges)
SEBI Charges	Rs. 5/Cr	Rs. 5/Cr

Upstox Brokerage Calculator

Sometimes the traders can get confused when determining the brokerage that will be levied on their trades. If you are also wondering how to calculate the Upstox brokerage charges, you can always take the help of the Upstox brokerage calculator.

All you need to do is enter the price, quantity, and segment. It will not just give you the details of the brokerage charges, but also the other charges like STT, stamp duty charges, etc.

Not only the brokerage charges, but also you would be able to evaluate the exact profit that you can earn in a particular trade.

Conclusion

Whenever you are opening a demat account, it is essential that you accustom yourself to the brokerage charges. The Upstox brokerage charges are different for different segments as given in the details above. Hope that you don’t have any confusion regarding the Upstox brokerage details now and now you will now face no difficulty.

If you are looking to start your trading journey, open a Demat account now.

Now reap the benefit of trading at the minimum cost. Get in touch with us and we will assist you in choosing the right stockbroker and in opening a Demat account online for free!