Our research team manually verifies these brokerage rates, rules, and details directly against official SEBI disclosures and the broker's active tariff sheets.
Upstox Review 2026
A powerful, tech-first platform backed by Ratan Tata.
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Our Analyst Recommendation
Upstox is rated 9.2/10 and stands out as a leading discount stock broker in India. It is highly recommended for Intraday traders and those who need powerful mobile charting. However, day traders or long-term investors should consider specific charges: equity delivery is Rs 20 or 0.1% and AMC is Rs 150 / year.
Scorecard Metrics
Corporate Background & History
Upstox is known for providing fast execution and advanced charting tools to retail investors.
Who Should Choose Upstox?
Intraday traders and those who need powerful mobile charting.
Tariff Sheet & Pricing Structure
| Account Onboarding | Free |
|---|---|
| Equity Delivery | Rs 20 or 0.1% |
| Intraday Brokerage | Rs 20 or 0.05% |
| Futures & Options | Rs 20 per order |
| Commodity Trading | Rs 20 per order |
| AMC (Annual Fees) | Rs 150 / year |
| Regulatory / DP Charges | Standard DP charges |
*Note: Regulatory GST, Stamp Duty, and SEBI turnover taxes are applied extra. You can calculate your exact transaction-wise costs using our dedicated Upstox Brokerage Calculator →
Trading Platforms & Infrastructure
- Web Browser Interface: Modern, fast, browser-based trading platform with TradingView charts.
- Mobile Trading App: Highly rated mobile app available on iOS and Android with biometric login.
- Desktop Pro Terminal: Installable desktop terminal for high-frequency traders.
App Interface & Charts Gallery
A preview of the high-fidelity chart analytics, buy/sell slips, and portfolio tracker modules available on Upstox:
Technical Features Matrix
Broker Strengths (Pros)
- ✅ Backing of top investors
- ✅ Fast order execution
- ✅ Pro and Invest modes in app
Broker Limitations (Cons)
- ❌ Customer support can be slow
- ❌ Delivery is not completely free
The Final Verdict
Who Should Avoid: People looking for 100% free delivery trades.
Upstox is a robust and dependable choices for retail investors, but active options scalpers or traditional traders requiring offline branch managers might prefer alternative banking systems.