What are Upstox delivery charges?

₹20 per executed order, as published on Upstox's brokerage charges page.

Does Upstox charge AMC?

New customers pay zero AMC for the first year (from 14 Feb 2025). After that, non-BSDA accounts pay ₹300 + GST per year.

Is the Upstox API free?

Upstox lists its trading API as free on its pricing page.

Is Upstox SEBI registered?

Yes. Upstox Securities Pvt. Ltd. is registered with SEBI under INZ000315837.

Upstox Review: Charges, AMC, Platforms, Pros & Cons

Overview

Upstox is a discount broker with a trader-focused platform and a free API.

Its pricing caps brokerage at ₹20 per order across segments, including delivery, so buy-and-hold investors pay brokerage on each order. Ancillary fees such as call & trade and auto square-off (₹75 + GST each) are higher than at some rivals.

Company & regulation

Legal entity	Upstox Securities Private Limited
Headquarters	Mumbai, Maharashtra
SEBI stock broker registration	INZ000315837
Depository participant	IN-DP-761-2024 (CDSL)
Other registrations	NSE member 13942, BSE 6155, MCX 46510
Exchange memberships	NSE, BSE, MCX
Account types	Individual, NRI, HUF, corporate
Products	Equity, F&O, commodity, currency, mutual funds, IPO, MTF

Verify registration on SEBI's register of stock brokers.

Upstox charges

Upstox charges as published at upstox.com/brokerage-charges/, checked 30 September 2026.
Account opening	Free (Upstox notes an account processing fee may be charged during onboarding).
Demat AMC	Zero for the first year for new customers (from 14 Feb 2025); non-BSDA ₹300 + GST per year thereafter.
Equity delivery	₹20 per executed order.
Equity intraday	₹20 or 0.1% per executed order, whichever is lower.
Futures	₹20 or 0.05% per executed order, whichever is lower.
Options	Flat ₹20 per executed order.
DP charge (on selling delivery shares)	Once per stock (ISIN) per day. ₹20 + 18% GST (₹23.60) per scrip per day, only on sell. Split: ₹3.50 CDSL + ₹16.50 Upstox (men), ₹3.25 + ₹16.75 (women).
Margin trading (MTF)	Up to 4x leverage; interest ₹20 per day for each ₹40,000 slab.
Other notable charges	Call & trade: ₹75 + GST. Auto square-off: ₹75 + GST (the Upstox Plus section of the same page shows ₹50).

How Upstox counts the DP charge

Rule: Once per stock (ISIN) per day
Broker's part: ₹16.50 (women ₹16.75)
Depository part: ₹3.50 (women ₹3.25)
GST: 18% on the total

₹20 + 18% GST (₹23.60) per scrip per day, only on sell. Split: ₹3.50 CDSL + ₹16.50 Upstox (men), ₹3.25 + ₹16.75 (women).

Source: Upstox – Brokerage charges. Checked 30 September 2026. Compare every broker's rule in our DP charges guide.

Where Upstox's own sources disagree

Upstox lists call & trade and auto square-off at ₹75 + GST, but the Upstox Plus section of the same page shows ₹50. Which applies depends on your plan.

We show the figure from the broker's main pricing page in the tables and note the other version here. Ask the broker to confirm which applies to your account.

Full fee schedule with sources

Upstox fee schedule, one row per fee, each with its own source. Checked 30 September 2026.
Fee	Amount	Charged	Applies to	Source
Account opening	₹0	one-time	Resident individual Upstox notes an account processing fee may apply.	Upstox – Brokerage charges
Demat AMC – first year	₹0	up to one year	Users onboarded from 14 Feb 2025 (from 2025-02-14)	Upstox – Brokerage charges
Demat AMC	₹300 + GST a year	annual	Non-BSDA	Upstox – Brokerage charges
Brokerage – delivery	₹20	per executed order	Resident individual	Upstox – Brokerage charges
Brokerage – intraday	0.1% or ₹20, whichever is lower	per executed order	Resident individual	Upstox – Brokerage charges
Brokerage – futures (Equity F&O)	0.05% or ₹20, whichever is lower	per executed order	Resident individual	Upstox – Brokerage charges
Brokerage – options (Equity F&O)	₹20	per executed order	Resident individual	Upstox – Brokerage charges
DP charge	₹3.50 CDSL + ₹16.50 Upstox + GST = ₹23.60	per scrip per day (sell)	Resident individual	Upstox – Brokerage charges
DP charge – women	₹3.25 CDSL + ₹16.75 Upstox + GST = ₹23.60	per scrip per day (sell)	Women first holders	Upstox – Brokerage charges
MTF interest	₹20 per day per ₹40,000 slab	per day	Resident individual	Upstox – Brokerage charges
Call & trade / auto square-off	₹75 + GST	per order	Resident individual The Upstox Plus section of the same page shows ₹50.	Upstox – Brokerage charges

Statutory charges (STT, exchange transaction charges, SEBI fee, stamp duty) and 18% GST are extra. Estimate a full trade in the brokerage calculator.

Platforms & apps

Upstox Pro runs on web and mobile with TradingView-based charting. Upstox also offers a free trading API.

Mobile: Upstox app (Android, iOS)
Web / desktop: Upstox Pro web with TradingView charts, free Upstox API

Research, support & margin

Research

Upstox offers market news and tools but not personalised advisory.

Customer support

Support is through the help centre and call & trade (₹75 + GST per order). Check Upstox's website for current channels.

Margin & MTF

MTF offers up to 4x leverage, with interest of ₹20 per day for each ₹40,000 slab.

Who Upstox suits

Active traders who want advanced charts and a free API at capped fees.

May not suit

Long-term investors who want ₹0 delivery brokerage, or anyone who often relies on call & trade.

For beginners

The platform is capable but aimed at traders. Beginners should learn order types first and avoid auto square-off fees by closing intraday positions themselves.

Upstox Review 2026

At a glance