Brokerage and account opening charges
This article covers brokerage and account opening charges with Upstox. At Upstox, we believe in making stock market trading and investing accessible for all. That’s why, Upstox is known in the industry for its low cost brokerage and account opening charges.
Thus, here are the brokerage charges on different products:
- Equity delivery trades are free of cost.
- For intraday trading on BSE, NSE and MCX, and F&O brokerage is 0.01% or upto Rs. 20 per order traded (whichever is lower).
Demat account opening fees:
- Rs.150 for NSE and BSE segments
- Rs.150 for MCX.
- Annual maintenance charge of Rs.150 is applicable only on demat accounts.
An additional Rs. 100 will be charged to process physical account opening forms that are sent to the Upstox mailing address.
Online demat account opening process
You can open a demat account using your Aadhaar Card and filling out the online demat account opening form. Ensure that you keep your documents handy while completing the account opening process online.
Non-paperless demat account opening process
If your Aadhaar Card is not linked to your phone number, then you’ll have to fill out the paper form in order to open an account. Just print, fill out, sign and send us the paper forms via courier to our office address. Ensure that you attach the cheques for the accounts that you wish to open.