What are the terms and conditions for Upstox Plus?

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

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