Transparent pricing.
No hidden brokerage charges.

List of everything you may be charged at Upstox.

0
Brokerage*
On Mutual Funds and IPOs
20
Equity Intraday, F&O, Currency & Commodity*
₹20 or 0.05% (whichever is lower) per order on Stocks
20
Equity Delivery*
₹20 or 2.5% (whichever is lower) per order on Stocks

*By signing up you agree to our Terms and Conditions

When you place an order on Upstox, here’s what you’ll be charged:

Equity
Currency
Commodity

Upstox Charges

Fees charged by Upstox
Equity Delivery Equity Intraday Equity Futures Equity Options

Brokerage

₹20 or 2.5%
whichever is lower on Equity Delivery
₹20 per executed order or 0.05% (whichever is lower) ₹20 per executed order or 0.05% (whichever is lower) Flat ₹20 per executed order.

Statutory Charges

Taxes and Fees by the Government of India
Equity Delivery Equity Intraday Equity Futures Equity Options

STT/CTT (Upto 31st March 2023)

0.1% on buy & sell 0.025% on the sell side 0.01% on sell side 0.05% on sell side (on premium)

STT/CTT (From 1st April 2023)

0.1% on buy & sell 0.025% on the sell side 0.0125% on sell side 0.0625% on sell side (on premium)

GST

18% (on brokerage + transaction + demat charges) 18% (on brokerage + transaction charges) 18% (on brokerage + transaction charges) 18% (on brokerage + transaction charges)

Stamp Duty

0.015% or ₹1500 / crore on buy side 0.003% or ₹300 / crore on buy side 0.002% or ₹200 / crore on buy side 0.003% or ₹300 / crore on buy side

Exchange Fees

Fees Charged by either NSE (National Stock Exchange) or BSE (Bombay Stock Exchange)
Equity Delivery Equity Intraday Equity Futures Equity Options

Transaction charges (From 1st April 2023 to 31st March 2024)

NSE
0.00325% per trade on buy & sell.

BSE
charges vary as per the scrip group
NSE:
0.00325% per trade on buy & sell.

BSE
charges vary as per the scrip group
NSE
Exchange turnover charge: 0.0019%

BSE
Nil
NSE
Exchange turnover charge: 0.050% (on premium)

BSE
0.0375% (on premium)

Transaction charges (From 1st April 2024 )

NSE
0.00322% per trade on buy & sell.

BSE
charges vary as per the scrip group
NSE
0.00322% per trade on buy & sell.

BSE
charges vary as per the scrip group
NSE
Exchange turnover charge: 0.00188%

BSE
Nil
NSE
0.0495% (on premium)


BSE
0.0375% (on premium)

Demat transaction charges

Fees Charged by CDSL (Central Depository Services Limited) & Upstox
Equity Delivery Equity Intraday Equity Futures Equity Options

DP Charges

₹18.5 per scrip per day only on sell No charges No charges No charges

SEBI

Fees Charged by SEBI (Securities and Exchange Board of India)
Equity Delivery Equity Intraday Equity Futures Equity Options

SEBI Charges

₹10/crore ₹10/crore ₹10/crore ₹10/crore

Upstox Charges

Fees charged by Upstox
Currency Futures Currency Options

Brokerage

₹20 per executed order or 0.05%

(whichever is lower).
Flat ₹20 per executed order.

Statutory Charges

Taxes and Fees by the Government of India
Currency Futures Currency Options

STT/CTT

No STT No STT

GST

18% ( on brokerage+transaction charges) 18% (on brokerage+transaction charges)

Stamp Duty

0.0001% or Rs 10 per crore on buy-side 0.0001% or Rs 10 per crore on buy-side

Exchange Fees

Fees Charged by either NSE (National Stock Exchange) or BSE (Bombay Stock Exchange)
Currency Futures Currency Options

Transaction Charges

NSE:

Exchange txn charge: 0.0009%


BSE:

Exchange txn charge: 0.00022%
NSE:

Exchange txn charge: 0.035%


BSE:

Exchange txn charge: 0.001%

SEBI

Fees Charged by SEBI (Securities and Exchange Board of India)
Currency Futures Currency Options

SEBI Charges

₹10/crore ₹10/crore

Upstox Charges

Fees charged by Upstox
Commodity Futures Commodity Options

Brokerage

₹20 per executed order or 0.05% (whichever is lower). Flat ₹20 per executed order.

Statutory Charges

Taxes and Fees by the Government of India
Commodity Futures Commodity Options

STT/CTT

0.01% on sell trade (Non-Agri) 0.05% on sell trade

GST

18% ( on brokerage+transaction charges) 18% (on brokerage+transaction charges)

Stamp Duty

0.002% or ₹200 per crore on buy-side 0.003% or ₹300 per crore on buy-side

Exchange Fees

Fees Charged by either MCX (Multi Commodity Exchange)
Commodity Futures Commodity Options

Transaction Charges

Non-Agri:
Exchange turnover charge: 0.0026%
Exchange turnover charge: 0.05%

SEBI

Fees Charged by SEBI (Securities and Exchange Board of India)
Commodity Futures Commodity Options

SEBI Charges

₹10/crore ₹10/crore

When you place an order on Upstox, here’s what you’ll be charged:

Equity
Currency
Commodity

Upstox Charges

Fees charged by Upstox

Brokerage

Equity Delivery

₹20 or 2.5%
whichever is lower on Equity Delivery

Equity Intraday

₹20 per executed order or 0.05% (whichever is lower)

Equity Futures

₹20 per executed order or 0.05% (whichever is lower)

Equity Options

Flat ₹20 per executed order.

Statutory Charges

Taxes and Fees by the Government of India

STT/CTT (Upto 31st March 2023)

Equity Delivery

0.1% on buy & sell

Equity Intraday

0.025% on the sell side

Equity Futures

0.01% on sell side

Equity Options

0.05% on sell side (on premium)

STT/CTT (From 1st April 2023)

Equity Delivery

0.1% on buy & sell

Equity Intraday

0.025% on the sell side

Equity Futures

0.0125% on sell side

Equity Options

0.0625% on sell side (on premium)

GST

Equity Delivery

18% (on brokerage + transaction + demat charges)

Equity Intraday

18% (on brokerage + transaction charges)

Equity Futures

18% (on brokerage + transaction charges)

Equity Options

18% (on brokerage + transaction charges)

Stamp Duty

Equity Delivery

0.015% or ₹1500 / crore on buy side

Equity Intraday

0.003% or ₹300 / crore on buy side

Equity Futures

0.002% or ₹200 / crore on buy side

Equity Options

0.003% or ₹300 / crore on buy side

Exchange Fees

Fees Charged by either NSE (National Stock Exchange) or BSE (Bombay Stock Exchange)

Transaction charges (From 1st April 2023 to 31st March 2024)

Equity Delivery

NSE
0.00325% per trade on buy & sell.

BSE
charges vary as per the scrip group

Equity Intraday

NSE:
0.00325% per trade on buy & sell.

BSE
charges vary as per the scrip group

Equity Futures

NSE
Exchange turnover charge: 0.0019%

BSE
Nil

Equity Options

NSE
Exchange turnover charge: 0.050% (on premium)

BSE
0.0375% (on premium)

Transaction charges (From 1st April 2024 )

Equity Delivery

NSE
0.00322% per trade on buy & sell.

BSE
charges vary as per the scrip group

Equity Intraday

NSE
0.00322% per trade on buy & sell.

BSE
charges vary as per the scrip group

Equity Futures

NSE
Exchange turnover charge: 0.00188%

BSE
Nil

Equity Options

NSE
0.0495% (on premium)


BSE
0.0375% (on premium)

Demat transaction charges

Fees Charged by CDSL (Central Depository Services Limited) & Upstox

DP Charges

Equity Delivery

₹18.5 per scrip per day only on sell

Equity Intraday

No charges

Equity Futures

No charges

Equity Options

No charges

SEBI

Fees Charged by SEBI (Securities and Exchange Board of India)

SEBI Charges

Equity Delivery

₹10/crore

Equity Intraday

₹10/crore

Equity Futures

₹10/crore

Equity Options

₹10/crore

Upstox Charges

Fees charged by Upstox

Brokerage

Currency Futures

₹20 per executed order or 0.05%

(whichever is lower).

Currency Options

Flat ₹20 per executed order.

Statutory Charges

Taxes and Fees by the Government of India

STT/CTT

Currency Futures

No STT

Currency Options

No STT

GST

Currency Futures

18% ( on brokerage+transaction charges)

Currency Options

18% (on brokerage+transaction charges)

Stamp Duty

Currency Futures

0.0001% or Rs 10 per crore on buy-side

Currency Options

0.0001% or Rs 10 per crore on buy-side

Exchange Fees

Fees Charged by either NSE (National Stock Exchange) or BSE (Bombay Stock Exchange)

Transaction Charges

Currency Futures

NSE:

Exchange txn charge: 0.0009%


BSE:

Exchange txn charge: 0.00022%

Currency Options

NSE:

Exchange txn charge: 0.035%


BSE:

Exchange txn charge: 0.001%

SEBI

Fees Charged by SEBI (Securities and Exchange Board of India)

SEBI Charges

Currency Futures

₹10/crore

Currency Options

₹10/crore

Upstox Charges

Fees charged by Upstox

Brokerage

Commodity Futures

₹20 per executed order or 0.05% (whichever is lower).

Commodity Options

Flat ₹20 per executed order.

Statutory Charges

Taxes and Fees by the Government of India

STT/CTT

Commodity Futures

0.01% on sell trade (Non-Agri)

Commodity Options

0.05% on sell trade

GST

Commodity Futures

18% ( on brokerage+transaction charges)

Commodity Options

18% (on brokerage+transaction charges)

Stamp Duty

Commodity Futures

0.002% or ₹200 per crore on buy-side

Commodity Options

0.003% or ₹300 per crore on buy-side

Exchange Fees

Fees Charged by either MCX (Multi Commodity Exchange)

Transaction Charges

Commodity Futures

Non-Agri:
Exchange turnover charge: 0.0026%

Commodity Options

Exchange turnover charge: 0.05%

SEBI

Fees Charged by SEBI (Securities and Exchange Board of India)

SEBI Charges

Commodity Futures

₹10/crore

Commodity Options

₹10/crore

Still confused?

Calculate brokerage & margin easily with these

Do more with less

Order type Applicable margin on Equity Applicable margin on
  • Index Futures and Stock Futures
  • Index and Stock Option Sell
  • NSE Currency Futures
  • MCX Futures
  • Intraday order
5x
1x
  • CO/OCO order
5x
1x
  • Margin Trading Facility (MTF)
2x
  • Not Applicable
Note: No Margin for Options buying

Is MTF chargeable?

Yes, the following charges are applicable on MTF orders over and above regular brokerage

  • Interest
  • ₹20/day for every slab of ₹40,000 taken as MTF
  • Pledging charges
  • The cost of pledging, as well as unpledging, is ₹20 + GST per scrip.

Margin shortfall penalty

Shortfall collection for each client Penalty percentage of the shortfall
  • (< ₹1 lakh) and (< 10% of applicable margin)
  • 0.50%
  • (>= ₹1 lakh) or (>= 10% of applicable margin)
  • 1.00%

Note:

  • If there are more than 5 instances of a shortfall in a calendar month, a penalty of 5% for every further instance of the shortfall is applicable

  • If the margin shortfall continues for more than 3 consecutive days, a penalty of 5% is applied for each subsequent instance of the margin shortfall

  • For MCX, if the margin shortfall is reported 3 times or more during a month, i.e., either in consecutive instances or in 3 different instances, the penalty would be 5% from the 4th instance of the shortfall

All Charges Explained

A. UPSTOX CHARGES

1. Brokerage

  • Up to ₹20/order charged on Stocks, F&O, Commodity and Currency trades

  • Zero Commission on Mutual Funds and IPOs

B. GOVERNMENT CHARGES

1. STT/CTT - Securities/Commodities transaction tax

  • Levied by the Government on Securities and Commodities

  • Charged on both buy and sell Stocks - Equity Delivery orders

  • Charged only on sell Intraday and F&O orders

  • May be more than the brokerage we charge

2. GST - Goods and Services Tax

  • Levied by the government on the services rendered.

  • 18% of (brokerage + transaction charges + Demat)

3. Stamp duty charges

  • Stamp duty charges are a part of the state revenue system

  • Applicable on the trading of Securities and Commodities

  • n 2020, uniform stamp duty charges are applicable across all the states in India.

  • Read more https://upstox.com/announcements/demat-account/revision-in-stamp-duty-rates-on-1st-july-2020/

C. REGULATORY CHARGES

1. Transaction Charges

  • Charged by exchanges (NSE, BSE, MCX) on the value of your transactions.

  • BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to ₹10,000 per crore w.e.f 01.01.2016. (XC and XD groups have been merged into a new group X w.e.f 01.12.2017)

  • BSE has revised transaction charges in SS and ST groups to ₹1,00,000 per crore of gross turnover.

  • For Sensex contracts of nearest expiry, the charge is 0.0375% of premium, All other BSE Contracts, including Bankex & Sensex have a charge of 0.005% of the premium.

2. SEBI Charges

  • Charged at ₹10 per crore by Securities and Exchange Board of India for regulating the markets.

3. DP (Depository participant) charges

  • ₹18.5 + GST per scrip (irrespective of quantity), on the day, is debited from the trading account when stocks are sold. This is charged by the depository (CDSL) and depository participant (Upstox).

Charges for other services

  • servicesMargin Against Demat Holdings (can be used for Futures buy and sell and Options Sell orders only
  • ₹50 + GST per scrip for pledging
  • ₹50 + GST per scrip for unpledging
  • servicesAuto Square-off
  • ₹50 + 18% GST
  • servicesCall & Trade
  • ₹50 + 18% GST
  • servicesP&L/ CMR Physical copy
  • ₹20 per page
  • servicesAccount Maintenance Charges (AMC)*
  • ₹0* (Users onboarded before August 2021 might be charged a quarterly AMC of ₹75 + 18% GST or an annual AMC of ₹150 + 18% GST
  • servicesOff-market (to transfer shares between brokers)
  • 1. Buy orders will continue to be charged at ₹100 or 1.5% of the transaction amount (whichever is lower)
  • 2. ‘Invest More’ orders will be charged at ₹100 or 1.5% of the transaction amount (whichever is lower).
  • 3. SIP orders will be charged at ₹10 or 1.5% of the transaction amount (whichever is lower)
  • servicesNetbanking charges (Razorpay / Atom)
  • ₹7 (GST included)
  • servicesBuyback/Takeover/Delisting Charges
  • ₹20 + GST
  • servicesOffer For Sale
  • ₹20 + GST
  • servicesAccount Opening Fees
  • 0
  • servicesAPI Subscription Charges
  • Free
  • servicesInterest on Delayed Payment
  • 0.05% per day on account debit (negative balance)

Common questions regarding your funds

After I sell a stock, why don’t I get to use 100% of it?

From 1st December 2020, SEBI peak margin rules have changed the way sell amounts get credited to you. As per this, 80% of the sell amount is available for trading on the same day. And 100% of the sell amount will be available for withdrawal from T+2 days onwards. To know more on the impact of SEBI’s peak margin rules, click here.

Why is my fund balance lesser than what I expected?

Your fund balance could be lesser than what you expect it to be because of multiple reasons such as maintenance charges, taxes, quarterly settlement/retention and more. To know about these in detail, click here.

Why am I charged for equity delivery?

We follow a pay-per-use model. We only charge a minimal brokerage up to ₹20 when you place a trade. To know more, click here.

Where can I see all charges that are deducted?

Whenever you trade, you need to check the order details or contract note to know how much amount will be credited or debited from your account. Contract note or order details can be checked under Ledger report or directly in the Bill report. To know how to access your ledger, click here and to know how to read a ledger, click here.

What is a margin?

Margin is the amount the broker provides over and above your available purchasing power. Many times, the terms "margin" and "exposure" are used interchangeably. If a broker is providing "2x exposure", that is the same as saying that the broker is providing "50% margin". To know more on Margin, click here.
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