Upstox Review 2026: Demat Charges, AMC & Brokerage

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★★★★★
(1 customer review)
Product is rated as #3 in category Demat Accounts
8.7

Features & Services Provided9
Brokerage Charges & Fees8.7
Users Rating8.5
User Interface8.8
Customer Support9.3

Upstox demat account review: opening fee ₹0, AMC ₹0 first year; then ₹300 + GST/year for non-BSDA users, and brokerage charges updated May 2026. Informational only—not investment advice.

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Upstox Review 2026: Demat Charges, AMC & Brokerage
Upstox Review 2026: Demat Charges, AMC & Brokerage

Visit Official Upstox Pricing

Description

Disclosure: We may earn a commission if you open a demat account via links on this page. This does not affect our editorial independence. Read our Affiliate Disclosure.

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For Upstox, Account Opening Fee: ₹0; Annual Maintenance Charges (AMC): ₹0 first year; then ₹300 + GST/year for non-BSDA users; Equity Delivery Charges: ₹20 per executed order. Figures are informational; confirm on the broker's official site before opening an account.

By Ajay Bohra · About the author

Last updated: May 2026

This Upstox review covers demat account opening charges, AMC, and brokerage for Indian investors. Figures match the comparison table on this page and our broker comparisons. We do not recommend a single “best” broker for everyone—use the tables below for your own trading pattern. Confirm current tariffs on Upstox’s official charges page.

Upstox charges at a glance

ChargeUpstox
Account Opening Fee₹0
Annual Maintenance Charges (AMC)₹0 first year; then ₹300 + GST/year for non-BSDA users
Brokerage PlanRegular Upstox pay-per-use plan
Equity Delivery Charges₹20 per executed order
Equity Intraday ChargesLower of ₹20 or 0.05% per executed order
Equity Futures chargesLower of ₹20 or 0.05%
Equity Options charges₹20 per executed order
Currency Futures charges₹20 per executed order
Currency Options charges₹20 per executed order
Commodity Futures charges₹20 per executed order
Commodity Options charges₹20 per executed order
DP Charges₹20 + GST per scrip/day
Call and Trade charges₹75 + GST

Brokerage plan

Regular Upstox pay-per-use plan

Platform and services

  • Advanced charting: Yes
  • After Market Order (AMO): Yes
  • Algo Trading Platform: Yes
  • Android App: Yes
  • Annual Reports: Yes
  • Banking: No
  • Basket Trading Platform: Yes
  • Bonds Investment Platform: Yes

Who should read this Upstox review

Investors comparing Upstox with discount or full-service brokers usually start with AMC, equity delivery charges, and F&O per-order fees. See side-by-side guides on our comparisons hub. This is not personalized investment advice.

FAQs

What is the Upstox demat account opening fee?

₹0. Confirm on Upstox’s official website.

What is the Upstox demat AMC?

₹0 first year; then ₹300 + GST/year for non-BSDA users. Confirm on Upstox’s official website.

What are Upstox equity delivery charges?

₹20 per executed order. Confirm on Upstox’s official website.

What are Upstox equity intraday charges?

Lower of ₹20 or 0.05% per executed order. Confirm on Upstox’s official website.

What brokerage plan does Upstox offer?

Regular Upstox pay-per-use plan. Confirm on Upstox’s official website.

What are Upstox DP charges?

₹20 + GST per scrip/day. Confirm on Upstox’s official website.

Brokerage, AMC, and statutory charges change. Use the open-account button for the broker’s official site. This page is for information and education only—not investment advice.

Sources checked

  • SEBI — investor education & regulations
  • NSE India — market reference
  • Official broker pricing/charges pages — verify on each broker's site before opening an account

Risk warning: Investing and trading involve market risk. Brokerage charges and platform features change. This article is for information only, not investment advice.

See our review methodology · affiliate disclosure

8.7Expert Score
Upstox Review 2026: Demat Charges, AMC & Brokerage
Most Trusted Discount Broker
Upstox is India's 4th biggest stock broker, and its platform is known for being easy to use and low-cost. Upstox has millions of users and was founded in 2009. Its main goal is to make trading easier for beginners while also providing tools for more experienced traders.
Features & Services Provided
9
Brokerage Charges & Fees
8.7
Users Rating
8.5
User Interface
8.8
Customer Support
9.3
PROS
  • No fees to open the account.
  • No brokerage fees in mutual funds.
  • Provide direct mutual funds
  • Trading software that is free to use
  • One app that may be used to trade in equities, currencies, and commodities
  • There is a margin against share that may be used
CONS
  • Equity delivery is not Free
  • There are no unlimited monthly subscriptions available
  • NRI Trading and Demat Accounts are not available with Upstox.

Additional information

Specification: Upstox Review 2026: Demat Charges, AMC & Brokerage

Brokerage Charges & Fees
Brokerage Plan

Regular Upstox pay-per-use plan

Commodity Futures charges

₹20 per executed order

Commodity Options charges

₹20 per executed order

Currency Futures charges

₹20 per executed order

Currency Options charges

₹20 per executed order

Equity Delivery Charges

₹20 per executed order

Equity Futures charges

Lower of ₹20 or 0.05%

Equity Intraday Charges

Lower of ₹20 or 0.05% per executed order

Equity Options charges

₹20 per executed order

Pledge Charges
Interest on Margin Trading

MTF interest ₹20/day per ₹50,000 borrowed slab

Margin Re-Pledge

Yes

Pledge Creation Charges

₹20 + GST per scrip

Pledge Invocation Charges

₹20 + GST per scrip

Leverage (Margin) Offered
Equity Delivery Margin

1x; 100% upfront delivery margin

Equity Intraday Margin

Up to 5x

Unique Offerings
Brokerage Cashback

No

Flexible Brokerage Plans

No

Free Brokerage

No

Free Equity Delivery

No

Free Intraday Trading

No

No Brokerage on Loss Trades

No

STT & CTT Charges
Currency Futures STT & CTT

Nil

Currency Options STT & CTT

Nil

Equity Delivery STT & CTT

STT 0.10% on buy and sell

Equity Futures STT & CTT

STT 0.05% on sell side

Equity Intraday STT & CTT

STT 0.025% on sell side

Equity Options STT & CTT

STT 0.15% on sell side premium; 0.15% on exercise intrinsic value

Transaction Charges
Comm. Futures Trxn. Charges

MCX 0.00210%; NCDEX 0.0058%

Comm. Options Trxn. Charges

MCX 0.0418%; NCDEX 0.03%

Curr. Futures Trxn. Charges

NSE 0.00035% on turnover

Curr. Options Trxn. Charges

NSE 0.0311% on premium

Equity Del. Trxn. Charges

NSE 0.00307%; BSE 0.00375%

Equity Futures Trxn. Charges

NSE 0.00183% on contract value

Equity Intra. Trxn. Charges

NSE 0.00307%; BSE 0.00375%

Equity Options Trxn. Charges

NSE 0.03553% on premium; BSE 0.0325% on premium

Stamp Duty charges
Commodity Futures Stamp Duty

0.002% on buy side

Commodity Options Stamp Duty

0.003% on buy side premium

Currency Futures Stamp Duty

0.0001% on buy side

Currency Options Stamp Duty

0.0001% on buy side

Equity Delivery Stamp Duty

0.015% or ₹1,500/crore on buy side

Equity Futures Stamp Duty

0.002% or ₹200/crore on buy side

Equity Intraday Stamp Duty

0.003% or ₹300/crore on buy side

Equity Options Stamp Duty

0.003% or ₹300/crore on buy side

Other Charges
Call and Trade charges

₹75 + GST

Dematerialization Charges

₹100 per cert + ₹50 courier

DP Charges

₹20 + GST per scrip/day

GST charges

18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges

Reactivation Charges

₹0

SEBI Turnover Charges

₹10/crore or 0.0001% of turnover

Auto Square off Charges

₹75 + GST

KRA, CKYC, ESign Charges

₹50 + GST account modification

Reviews (1)

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