UPS

Upstox

Upstox (RKSV Securities)

Free demat with zero AMC

Opening FeeFree
AMC₹0
Brokerage₹0 for delivery, ₹20/order for intraday

About Upstox

Upstox is India's second-largest discount broker backed by Tiger Global and Ratan Tata. It offers free account opening, zero AMC, and a feature-rich Pro trading platform with advanced charting.

Key Features

Free account opening
Zero annual maintenance charges
Upstox Pro Web & Mobile app
Advanced TradingView charts
US stock trading
IPO investments
Mutual funds
Options trading tools
Basket orders
Quick order placement

Brokerage & Charges

Account Opening₹0 (Free)
Annual Maintenance (AMC)₹0 (Free)
Equity Delivery₹0 (Zero)
Equity Intraday₹20 or 0.05% (whichever is lower)
Futures & Options₹20 per order
DP Charges (Sell)₹18.5 + GST per scrip sold

Trading Platforms

Upstox Pro Web
Upstox Pro Mobile (iOS & Android)
API for algo trading

Eligibility & Documents

Minimum Age18 years and above
Documents RequiredPAN Card, Aadhaar, Bank Account
Bank AccountAny Indian bank account

Pros & Cons

Advantages
  • Completely free to open and maintain
  • Good trading platform
  • US stock trading available
  • TradingView charts integration
  • Backed by reputed investors
Disadvantages
  • Platform can be slow during peak hours
  • Customer support could be better
  • No 3-in-1 account option
  • Limited research tools

Frequently Asked Questions

Yes, Upstox offers free account opening and zero AMC. You only pay brokerage on intraday trades (₹20/order) and regulatory charges. Equity delivery is completely free.

Yes, Upstox allows you to invest in US stocks like Apple, Google, Tesla directly from the app. Minimum investment is around $1. LRS limits apply for remittances.

Zerodha has better platform stability and larger community. Upstox is cheaper (no AMC) and offers US stocks. Choose Zerodha for reliability, Upstox for cost savings.

Download Upstox app, enter mobile and email, complete Aadhaar e-KYC, link bank account, and submit. Account is activated within 24-48 hours. Process takes 10-15 minutes.
Upstox Demat Account
(4.6)
  • Opening FeeFree
  • AMC₹0
  • Delivery Brokerage₹0 (Zero)
  • Intraday₹20 or 0.05% (whichever is lower)

SEBI registered broker


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Disclaimer: Investments in securities market are subject to market risks. Read all scheme related documents carefully before investing. Brokerage charges may change without notice. Please verify on official broker website.