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Does the brokerage plan change with Upstox Plus?
Yes, the brokerage structure changes when you upgrade to Upstox Plus. The flat fee per order increases from ₹20 to ₹30, but the percentage-based caps remain identical across both plans.
Brokerage Comparison - Basic vs Plus:
| Order Type | Basic Plan | Upstox Plus | Difference |
|---|---|---|---|
| Equity Delivery | ₹20 or 2.5% | ₹30 or 2.5% | +₹10 flat fee |
| Equity Intraday | ₹20 or 0.1% | ₹30 or 0.1% | +₹10 flat fee |
| Equity Futures | ₹20 or 0.05% | ₹30 or 0.05% | +₹10 flat fee |
| Equity Options | ₹20 flat | ₹30 flat | +₹10 flat |
| Commodities | ₹20 or 0.05% | ₹30 or 0.05% | +₹10 flat fee |
| Currency | ₹20 or 0.05% | ₹30 or 0.05% | +₹10 flat fee |
| MTF Orders | ₹20 or 2.5% | ₹30 or 2.5% | +₹10 flat fee |
Understanding Whichever is Lower:
For a ₹1,00,000 Intraday Trade,
Basic Plan:
- Flat fee: ₹20
- Percentage: ₹1,00,000 × 0.1% = ₹100
- You pay: ₹20 (lower amount)
Upstox Plus:
- Flat fee: ₹30
- Percentage: ₹1,00,000 × 0.1% = ₹100
- You pay: ₹30 (lower amount)
Actual Difference: ₹10 per trade
Important - Trading charges note:
Plus has a ₹10 higher flat fee per trade (₹30 vs ₹20), but percentage-based caps remain same (2.5% for delivery, 0.05% for F&O). The value comes from zero transfer fees and premium features worth ₹2,500+/month.
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