Upstox Commodity Trading: Just ₹20/Order

Last updated: May 2026 · Charges and offers verified against official broker pages where noted.

Upstox commodity trading is usually considered by users who want MCX access through a discount-broker stack. In practice, the decision depends less on indicator count and more on execution quality, contract coverage, and net trading cost. This review focuses on what matters operationally: brokerage structure, platform workflow, and risk controls for commodity traders. Account-opening steps are in the section below.

How to Open a Commodity Trading Account in Upstox

Commodity segment activation usually follows the same KYC stack as equity; confirm MCX enablement and margin rules in-app after approval. Typical steps:

1. Visit the Upstox website and enter your phone number then click on the “Start trading” button or click.
2. Fill in your personal details: Enter your personal details, including your name, address, PAN card number, and bank account details.
3. Upload the necessary documents: Upload a scanned copy of your PAN card, Aadhaar card, and a cancelled cheque.
4. E-sign the account opening form. Once you have filled in all the details and uploaded the necessary documents, you can e-sign the application using your Aadhaar card.
5. Fund your account and start trading. Once your account is activated, you can add funds to your trading account through net banking, UPI, or a debit card.

Upstox Commodity Account Opening requirements

To open a commodity trading account with Upstox, you will need to provide the following documents:

1. PAN card
2. Address proof
3. Bank statement

Once you have uploaded these documents and completed the e-sign process, your account will be activated, and you can start trading.

Upstox Commodity Trading Platform

Upstox offers a variety of trading platforms to meet your needs. Whether you prefer to use the web or mobile platforms, Upstox has you covered. Their web platform is intuitive and easy to use, allowing you to monitor your trades and market trends in real-time. The mobile app is equally user-friendly, providing all the features of the web platform on-the-go. With the Upstox platform, you can invest in commodities from anywhere, at any time.

Upstox Commodity Leverage and Margin

Upstox offers commodity trading at a flat fee of ₹20 per order, regardless of the order size. It means that you can trade commodities worth ₹1 or ₹1,00,000 at the same cost. Upstox offers up to 10x leverage on commodity trading, allowing you to amplify your returns while managing your risks. The margin requirements for commodity trading vary based on the commodity and the exchange. For example, the margin required for trading gold on MCX is 4%, while the margin for silver is 5%.

Upstox provides detailed margin requirements for each commodity on their website, so you can make informed decisions about your trades. Use Upstox margin calculator. Also, read the latest announcement of margins on Upstox. Upstox commodity trading offers a margin of 5% to 10% on select commodities. It means that you only need to maintain a minimum balance of ₹5,000 to trade commodities worth ₹1,00,000.

Upstox commodity trading

Free account opening + ₹0 AMC

Upstox Offer

Demat + Trading account with zero account maintenance charges
 
₹0 commission* Mutual Funds and IPO investing
 
₹20* per order brokerage on Equity, F&O, Currency & Commodity (Ultra-low brokerage)
 
Excellent online trading platform (Website and Mobile App)
 
Margin against share is available

Upstox Commodity brokerage charges

• Only up to ₹20/order
• Invest in the commodity of your choice
• Monitor market trends
• Use 100+ indicators to decide your entry and exit points

How to Trade Commodities in Upstox

Trading commodities on Upstox is easy. Here are the steps to follow:

1. Open a commodity trading account with Upstox.
2. Fund your account.
3. Choose the commodity you want to trade.
4. Enter your trade details, including the quantity and price.
5. Monitor your trade and exit at your chosen price.

Also read: Get Tradingview premium free

Upstox Commodity Trading Charges

Upstox offers some of the lowest brokerage fees in the industry. For commodity trading, they charge a flat fee of ₹20 per order. This means that you can trade as much as you want without worrying about high brokerage fees eating into your profits. Additionally, there are no hidden charges or account maintenance fees, making Upstox an affordable option for commodity traders.

Upstox Commodity Trading Tips

To succeed in commodity trading with Upstox, you need to follow some basic tips:

1. Research the commodity you want to trade and monitor market trends.
2. Use technical analysis and indicators to make informed decisions.
3. Keep your leverage and margin requirements in mind.
4. Set realistic profit and loss targets.
5. Monitor your portfolio and exit trades at the right time.

Extra features

Trade From Anywhere: Upstox offers a web-based platform as well as a mobile app for trading. It means that you can invest in commodities from anywhere, anytime.

Easily Monitor Profits: Upstox offers a dashboard that allows you to track your portfolio in one place. You can see your open positions, profits, and losses in real-time.

Final Verdict

Upstox commodity trading is an excellent platform for investors looking to trade commodities at a low cost. With Upstox, you can trade with leverage, maintain low margins, and use powerful technical analysis tools to make informed decisions. Moreover, Upstox offers a user-friendly platform and excellent customer support.

Disclaimer: This article is for education only and is not investment, tax, or legal advice. Broker charges and platform features change — verify on the official site before opening an account.

FAQs