Upstox can be the first low-cost broking firm in India that offers trading account at unbeatable prices.
The company offers trading on various segments such as Equity, Commodities, Currency, Futures, Options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.
Upstox is backed by several investors including Kalaari Capital, Ratan Tata and GVK Devix.
The Upstox trading platform offers rich trading features like trading, analysis, charting, and more.
The platform makes it easy to place orders through mobile phones and browsers.
The Upstox trading platform is built on Omnisys NEST OMS (Order Management System) and Omnisys NEST RMS (Risk Management System).
RKSV Securities offers absolutely free trading account and free trading in equity delivery segment.
Trading in Equity F&O, Equity Intraday, Commodities and Currency Derivatives is done through Upstox Pro. Upstox Pro is a paid service of Upstox for traders.
RKSV Securities is one of the easiest discount brokers in India, especially for traders. On one hand Upstox provides the fastest trading platforms which are best matched to book high profits in day trading.
Conversely, you only have to pay a flat Rs 20 per trade regardless of your trade volume.
Recently RKSV Securities crossed the 3 million user base mark and became the second-largest discount broker in India.
Pay ₹99 to open a Demat + Trading account and get
Demat AMC: Rs 300 per year
- ₹0* brokerage on Equity Delivery, Mutual Funds, Digital Gold, and IPOs forever
- ₹0 brokerage on Intraday Equity, F&O, Commodity and Currency segments for 7 days#
- ₹20* per order Intraday Equity and F&O
Upstox Equity Delivery & Intraday Charges
- Upstox equity delivery brokerage is Rs 0 (Free).
- Upstox equity intraday brokerage is Rs 20 per executed order or 0.05% (lower Amount).
| Charges | Equity Delivery | Equity Intraday |
| Brokerage | Rs 0 | Rs 20 per executed order or 0.05% ( lower Amount) |
| STT | 0.1% on both Buy and Sell | 0.025% on the Sell Side |
| Transaction Charges | Rs 325/crore | Rs 325/crore |
| Demat Transaction Charges | Rs 18.5 per scrip (only on sell) | Rs 0 |
| GST | 18% (on Brokerage + Transaction Charges) | 18% (on Brokerage + Transaction Charges) |
| SEBI Charges | Rs 5/Crore | Rs 5/Crore |
| Stamp Duty | 0.015% (Rs 1500 per crore) on buy-side | 0.003% (Rs 300 per crore) on buy-side |
Understanding the Angel Investor for new investors?
Equity F&O Charges
- Upstox Equity F&O brokerage is Rs 20 per executed order or 0.05% (lower Amount).
| Charges | Equity Futures | Equity Options |
| Brokerage | Rs 20 per executed order or 0.05% (lower Amount) | Flat Rs 20 per executed order. |
| STT | 0.1% (on Sell-Side) | 0.1% (on Sell-Side) |
| Transaction Charges | Rs 210/crore | Rs 5500/crore on a premium turnover |
| Demat Transaction Charges | Rs 0 | Rs 0 |
| GST | 18% (on Brokerage + Transaction Charges) | 18% (on Brokerage + Transaction Charges) |
| SEBI Charges | Rs 5/Crore | Rs 5/Crore |
| Stamp Duty | 0.002% (Rs 200 per crore) on buy-side | 0.003% (Rs 300 per crore) on buy-side |
Currency Charges
- Upstox Currency brokerage is Rs 20 per executed order
or 0.05% (lower Amount).
| Charges | Currency Futures | Currency Options |
| Brokerage | Rs 20 per executed order or 0.05% (lower Amount) | Flat Rs 20 per executed order. |
| STT | No STT | No STT |
| Transaction Charges | NSE: 0.00013% | BSE: 0.00062% | NSE: 0.065% | BSE: 0.026% (on premium) |
| GST | 18% (on Brokerage + Transaction Charges) | 18% (on Brokerage + Transaction Charges) |
| SEBI Charges | Rs 5/Crore | Rs 5/Crore |
| Stamp Duty | 0.0001% (Rs 10 per crore) on buy-side | 0.0001% (Rs 10 per crore) on buy-side |
Commodity Charges
- Upstox Commodity brokerage is Rs 20 per executed order
or 0.05% (lower Amount).
| Charges | Commodity Futures | Commodity Options |
| Brokerage | Rs 20 per executed order or 0.05% (lower Amount) | Flat Rs 20 per executed order. |
| STT | 0.01% on sell trade (Non-Agri) | 0.05% on a sell trade |
| Transaction Charges | 0.0031% | 0.002% |
| GST | 18% (on Brokerage + Transaction Charges) | 18% (on Brokerage + Transaction Charges) |
| SEBI Charges | Rs 5/Crore | Rs 5/Crore |
| Stamp Duty | 0.002% (Rs 200 per crore) on buy-side | 0.003% (Rs 300 per crore) on buy-side |
Upstox Charges Explained:
STT: It is levied on the sell-side only for intraday and F&O trades. It is charged on both sides for delivery trades inequities.
Stamp Duty: Duty based on the state in which the customer is located.
Goods and Services Tax (GST): It is levied at 18% of the total cost of brokerage plus the transaction fee.
SEBI Turnover Charges: It is charged at Rs 5 per crore.