Charges
Upstox Charges (2026): Brokerage, AMC, Hidden Fees & Worked Examples
Every published Upstox charge in one place, plus what real trades actually cost you after STT, GST and stamp duty.
Upstox brokerage and account charges
| Equity delivery | ₹20 per order (flat) |
|---|---|
| Equity intraday | ₹20 or 0.1% per order (whichever is lower) |
| Futures & options | ₹20 per order (options); ₹20 or 0.05% per order for futures (whichever is lower) |
| Account opening | Free (online) |
| Annual maintenance (AMC) | ₹0 first year, then ₹300 + GST per year |
| Trading API | Upstox API: Free (per official developer page) |
| Margin | Intraday leverage per SEBI peak-margin rules |
What real trades cost at Upstox
Brokerage is only part of the bill. Here's the full round-trip cost of four common trades, including every statutory charge (NSE):
| Trade | Brokerage | Taxes & fees | Total | Breakeven |
|---|---|---|---|---|
| Intraday: ₹1 lakh buy & sell | ₹40 | ₹42.97 | ₹82.97 | 0.41 pts |
| Delivery: ₹50,000 buy & sell | ₹40 | ₹138.98 | ₹178.98 | 1.79 pts |
| Options: premium ₹100 × 75 | ₹40 | ₹26.43 | ₹66.43 | 0.89 pts |
| Futures: ₹24,000 × 75 | ₹40 | ₹1,027.15 | ₹1,067.15 | 14.23 pts |
Quantities are illustrative. Try your own trade in the Upstox brokerage calculator.
How Upstox ranks on cost
| Trader profile | Rank | Yearly cost |
|---|---|---|
| Intraday traders | 4of 16 | ₹99,348 |
| Options traders | 4of 14 | ₹47,311.2 |
| Futures traders | 4of 16 | ₹5,11,852.8 |
| Long-term investors | 7of 16 | ₹4,295.52 |
| Beginners (small orders) | 13of 16 | ₹887.04 |
| Swing traders | 7of 16 | ₹28,813 |
| High-volume traders | 4of 14 | ₹9,52,521.6 |
Is Upstox right for you? Intraday and options traders who prioritise app speed and a free API. Read the full Upstox review
Frequently asked questions
What are Upstox brokerage charges in 2026?
Per Upstox's official pricing at our last review: delivery ₹20 per order (flat); intraday ₹20 or 0.1% per order (whichever is lower); F&O ₹20 per order (options); ₹20 or 0.05% per order for futures (whichever is lower). Statutory charges such as STT, GST and stamp duty are added on top.
Is Upstox delivery free?
Not unconditionally. Upstox publishes delivery brokerage as: ₹20 per order (flat).
What is the Upstox AMC charge?
Upstox's published annual maintenance charge is: ₹0 first year, then ₹300 + GST per year.
How much does a ₹1 lakh intraday trade cost at Upstox?
About ₹82.97 in total for a ₹1 lakh buy and sell, of which ₹40 is brokerage and the rest is statutory charges.
Is Upstox cheaper than other brokers?
It depends on how you trade. On our leaderboards Upstox ranks best for intraday traders (#4 of 16). See the full cost leaderboards for every trading style.
Sources
- Upstox - official pricing - https://upstox.com/brokerage-charges/