Discount brokerBest for Chartists and algo traders wanting a low-cost API

Upstox

₹20 / Intraday & F&O order

★ 4.5

Our rating

Open a Upstox account Calculate my brokerage

Account opening

Free (₹0)

AMC

₹0

Brokerage

₹20 / Intraday & F&O order

Delivery

₹0

Intraday

₹20 per order

DP Charges

₹18.5 per scrip

SEBI registered broker · Reg. no. INZ000185137 — verified from the NSE/BSE member list and SEBI records.

Why 4.5 out of 5

Our score = 40% cost + 20% charge transparency + 20% support & platform + 20% our own account-opening experience.

Cost (brokerage + hidden charges) (40%)4.7
Charge transparency (20%)4.5
Support & platform (20%)4.3
Our account-opening experience (20%)4.4

Our five-point check

Account opening chargesFree - Verified₹0 opening; online KYC, usually live the same working day.
AMC (annual maintenance)₹0 - VerifiedNo annual or quarterly maintenance charge.
Equity delivery₹0 - VerifiedNo brokerage on delivery equity.
Intraday & F&O₹20 per order - VerifiedFlat ₹20 across intraday, F&O and currency.
Hidden chargesDP + call & trade₹25 per phone order; API usage above the free tier is billed separately.

How we reviewed: Charges verified from the broker's official website as on 20 Oct 2026. SEBI registration verified from NSE/SEBI records. We do not copy reviews from other portals.

Features

Upstox Pro webCoins & MFOption chain analyticsOpen API

Pros

+Clean charts, fast order execution and frequent zero-fee account offers.

Cons

−Advisory coverage is thinner than full-service rivals.

Charge list

Equity delivery	₹0
Equity intraday	₹20 per order
F&O	₹20 per order

Markets & segments

Equity · F&O · Commodity · Currency · Mutual funds

Full review

Upstox competes head-on with Zerodha on price and differentiates with deeper built-in analytics.

Verification & Data Sources:

Source: https://upstox.com/brokerage-charges/

Last Verified: 20 Oct 2026 | Verified from upstox.com official tariff