Upstox (earlier known as RKSV Securities) is the top discount broker in India, good for traders looking for low brokerage, high margins and a good trading platform.
If you want to save your money on brokerage then Uptosx (RKSV) is best for you. Upstox Charges Fixed Brokerage Only Rs. 20 per trade irrespective of trade volume.
Is Upstox Safe & Good
Upstox (RKSV) is funded by Ratan Tata, Kalari Capital and GVK Davics which makes Upstox a safe and reliable stockbroker for your investment.
Upstox is one of the best discount brokers in India, especially for traders. On the one hand Upstox offers the fastest trading platforms which need to book high profits in the main day trading.
On the other hand, you need to pay only one flat Rs 20 per trade irrespective of the volume of your business.
What makes Upstox a Best Choice
- Special offers like brokerage credit
- Flat Rs 20 per trade for intraday
- zero brokerage on Delivery
- Provide advanced technology trading platforms
You can save a lot of money on your brokerage than other service providers
Assume that you trade a minimum monthly of Rs. 10,00,000 with 10 trades (if we include the buying and selling side)
Comparison of upstocks trading brokerage with ICICI Securities which charges 0. 275% (0। 55% if we are involved in both going and selling)
10,00,000 * 12 months * 0.55% = Rs. 66,000
Comparison of upstocks trading brokerage with sharekhan which charges 0.10% (total 0.2% on buying and selling)
10,00,000 * 12 months * 0.2% = Rs. 24,000
Trading brokerage with Upstox that charges Rs 20 per trade
20 trades per month * 12 months * Rs. 20 brokerage = Rs. 4,800 only. (Saving up to 90% on brokerage)
Upstox Annual Charges
Details of upstox account opening charges & annual charges
Upstox Demat and Trading account opening – Rs 299
Upstox maintenance charge – Rs. 25 per month
Upstox Brokerage Charges
Upstox offers 0% brokerage on stock delivery and a flat Rs. 20 per trade.
Detailed Upstox Charges
| Type | Brokerage |
| Equity Delivery | Rs. 0 |
| Equity Intraday | Lower of Rs. 20 per executed order or 0.05% |
| Equity Futures | Lower of Rs. 20 per executed order or 0.05% |
| Equity Options | Rs. 20 per executed order |
| Currency Futures & Options | Futures – Lower of Rs. 20 per executed order or 0.05% Options – Rs. 20 per executed order |
| Commodity F&O | Futures – Lower of Rs. 20 per executed order or 0.05% Options – Rs. 20 per executed order |
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