Upstox in 2021: Everything You Need To Know Before.

Upstox is a brokerage firm with their office across the nation. They have established themselves well in the market and with so many services being offered by them, they have won the faith and trust of their clients and are raring to go.

Product Details:

Active Clients2 lakhs
Official website linkUpstox
Registered Head Office AddressMumbai – Maharstra
Account Opening ChargeOpening ₹200
Annual Maintenance Charge₹300
Equity Delivery BrokerageRs. 0
Equity & Future Intraday BrokerageBasic Rs. 20 or 0.01% on turnover (whichever is lower) per order
Allow Mutual Fund Investment ?Yes
NRI Investing and tradingYes
Overall Score98/100
Contact Number+91-22-6130 9999
Credibility98/100

Their services range from opening of demat account to help you have the best online trading account in India. They have services for the NRI traders as well. They charge rs. 20 per executed order and offer free delivery rates. 

Besides this, there are no hidden charges or the software charges for the clients. Apart from this, they have tools such as the calculator to calculate the brokerage charges. The brokerage charges may vary depending on the type of trade one is looking for. 

With the services for the NRI traders and commodity trade, they have services for the mutual funds as well.

Upstox can be termed to have the best online trading platform in India as they facilitate their clients with trading which can take place across all platforms including desktop, mobile and the web. Whether you want to trade in commodities, intraday, currencies, they have it all sorted.

 With a smart website in place, the Upstox have ensured the convenience of their clients and providing services to the best of their abilities. With everything made available on mobile, the trading scene has never looked as pretty as it is now. 

With constant notifications on phone of the statuses of the stocks online, the clients see it better today. This has also encouraged the younger lot to get into the business and try out tricks and learn new from the brokers. Overall experience with the Upstox is good and their increasing client base just proves so.

Brokerage –

  • NSE/BSE EQUITY INTRADAY – Rs 20
  • NSE/BSE EQUITY DELIVERY – Rs 0 (Free)
  • NSE FUTURES – Rs 20
  • NSE OPTIONS – Rs 20
  • NSE CURRENCY FUTURES – Rs 20
  • MCX COMMODITIES – Rs 20

Use the Upstox Brokerage Calculator for more details.

Pricing –

  • No charges for minimum balance
  • No software fees
  • No hidden charges

Products:

  • PRO WEB
Pro Platform for Pro Traders

The most powerful & easy to use HTML-based trading platform in India.

  • POWERFUL CHARTS

We give you the best charting tools to spot market trends and make informed decisions.

  • 100+ INDICATORS

You can customize your charts with 100+ indicators and become a truly pro trader

  • ONE CLICK TRADE

Buy and sell during high volatility without skipping a beat! Just preset your order preferences & quickly get in and out of trades.

  • PERSONALIZE

Make the platform work for you in your unique trading style with the widgets features.

  • BRIDGE FOR AMIBROKER

Write strategies on AmiBroker AFL & place trades on Upstox with the power of Upstox AmiBroker bridge and AlgoLab.

Upstox Margin –

  • NSE/BSE EQUITY INTRADAY – Upto 20 times
  • NSE/BSE EQUITY DELIVERY – N/A
  • NSE FUTURES – Upto 6 times (margin can vary from 4x to 6x depending on the contract)
  • NSE OPTIONS – Upto 4 times (buy margin : 1.33x, sell margin : 4x)
  • NSE CURRENCY FUTURES – Upto 4 times
  • MCX COMMODITIES – Upto 3 times

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges.

As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Past performance of securities/instruments is not indicative of their future performance. This post is only for Educational purpose.

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