Detailed terms and conditions can be found below:
1. About the Upstox Plus Plan:
The Upstox Plus Plan unlocks access to advanced features, preferential rates, priority access, and enhanced API capabilities - all of which are not available to Basic Plan users.
2. Plan Flexibility:
You can switch between the Plus Plan and Basic Plan at any time.
However, to ensure system stability, a 24 hour cooling-off period is applicable after each switch, during which you won’t be able to change your plan again.
3. Pricing:
The Plus Plan can be activated for free initially.
- If the plan becomes chargeable in the future, we will notify you in advance of the applicable date
- Upon plan activation, a revised tariff sheet will be sent to your registered email for reference. No separate signature is required, and charges will apply as per this sheet
- All charges remain within SEBI - prescribed limits
Brokerage per executed order and pricing details under Upstox Plus:
- Equity Delivery and MTF Orders: ₹30 or 2.5% (whichever is lower)
- Equity Intraday: ₹30 or 0.1% (whichever is lower)
- Equity Futures: ₹30 or 0.05% (whichever is lower)
- Equity Options: ₹30
- Commodity: ₹30 or 0.05% (whichever is lower)
- Currency: ₹30 or 0.05% (whichever is lower)
- Net Banking Transfers and Instant Withdrawal: FREE
- MTF Interest: ₹20 per ₹50K borrowed up to ₹1L. After ₹1L, charges are ₹20 per ₹40K borrowed
- Margin Pledge Interest: Interest charged at 16% p.a. on borrowed amounts up to ₹1 lakh. After ₹1 lakh, the interest rate is 18% p.a.
- Strategy Builder Orders (Android only): Reduced brokerage fees on 2-leg and 4-leg orders. A 2-leg order will cost ₹30 instead of ₹60, while a 4-leg order will be charged at ₹60 instead of ₹120 when compared to the Basic plan
4. Connectivity:
- Dedicated connectivity is provided exclusively for routing orders to NSE. This does not guarantee order execution
- In case of contingencies or link failures, if the primary trading infrastructure is disrupted, dedicated connectivity may not be available on such days