FAQs
Low brokerage fees: Upstox offers competitive brokerage rates, allowing traders to save on transaction costs. Seamless account opening: Upstox offers a hassle-free account opening process, allowing traders to start trading quickly and easily.
Is trading in Upstox profitable? ›
It had closed last fiscal with an EBITDA of ₹200 crore and consolidated net profit of ₹25 crore. Broking revenue in 2022-23 was up 44 per cent to over ₹1,000 crore. In the last two quarters this fiscal, Upstox has generated over ₹ 200 crore in cash, Kumar noted, adding that the firm was now a very profitable business.
Can I make money in Upstox? ›
By registering for the Upstox Partner program, one can start their entrepreneurial journey or earn passive income with zero initial investment from the age of 18. They can earn referral rewards and regular commissions without any unwanted deductions.
Does Upstox charge for trading? ›
Upstox is a discount stock broker charging flat rate brokerage for trading at BSE, NSE and MCX. Upstox charges flat Rs 20 per executed order for delivery, intraday and F&O trades. Note: Taxes, exchange turnover fee, demat debit transaction fee, etc.
Is Upstox safe for trading? ›
With Upstox, your funds are safe and secure. We take your trust seriously.
What are the disadvantages of Upstox? ›
Upstox Cons (Disadvantages)
Most other brokers offer stock deliveries without brokerage fees. Upstox doesn't offer unlimited monthly trading plans. Margin funding isn't available for delivery trades. Doesn't offer stock tips or recommendations.
Has Ratan Tata invested in Upstox? ›
Ratan Tata and Tiger Global backed Upstox, a wealth management platform, has forayed into the insurance distribution business.
What is the advantage of Upstox? ›
Easy Accessibility: Upstox provides a mobile trading app that's easy to use and lets you trade wherever you are, whenever you want. You can access the Upstox app on Android and iOS devices, as well as on the web.. Just use your biometrics and mobile number to log in.
Is Upstox good for beginners? ›
Upstox presently provides the best Demat account for beginners in India. The features offered by Upstox are fascinating. With its paperless digital Demat account, one can also get live insights into the trade market.
How much commission does Upstox give? ›
The brokerage fees for Equity Intraday (buying/selling Stocks on the same day), Equity Futures, Currency Futures & Commodities Futures is ₹ 20 or 0.05% - whichever is lower per order. The brokerage fees for Equity Options, Currency Options, and Commodities Options is ₹20 per order executed.
Here is a summary of their brokerage charges.
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Which is better, Zerodha or Upstox? ›
Zerodha is having overall higher rating compare to Upstox. Zerodha is rated 4.5 out of 5 where Upstox is rated only out of 5. Number of active customer for Zerodha is 76,62,920 where number of active customer for Upstox is 25,91,361. Zerodha is serving more customer compare to Upstox.
What is the minimum amount for trading in Upstox? ›
Upstox does not require a minimum balance in your trading account. You can start trading with any amount that suits your investment goals and preferences.
Who owns Upstox? ›
Upstox is a private limited company owned by Mumbai based RKSV Securities Pvt Ltd. Mr. Ravi Kumar, Mr.
Is trading in Upstox free? ›
Charges to Open A Demat Account
Commission: There is zero commission when you invest in Mutual Funds or IPOs. Brokerage Charges: Up to ₹20 on Equity, Futures, Options, Commodity and currency orders. By opening a Demat account, you do not need to transfer your share certificates physically to the buyer.
Which is best to invest in Upstox? ›
Stocks to watch in today's trade
- RVNL. 0.60%▲
- NLCINDIA. 1.60%▲
- COALINDIA. -1.09%▼
- HDFCAMC. 0.82%▲
- AUTOBEES. 0.18%▲
- ZYDUSLIFE. -0.14%▼
- TORNTPOWER. 2.15%▲
Is Upstox in profit or loss? ›
claimed it turned profitable in the financial year 2022-23 (FY23) with a consolidated profit of over INR 25 Cr. In a statement, Upstox said its broking revenue jumped 44% to cross the INR 1,000 Cr mark in FY23. Its EBITDA also surpassed the INR 200 Cr level.
When i will get my profit in Upstox? ›
Selling a share from your Demat holdings:
- 80% of the sell amount is available for trading on the same day.
- The remaining 20% will be available for trading from T+1 day onwards.
- 100% of the sell amount will be available for withdrawal from T+1 day evening onwards.
Is Upstox good for investing? ›
Here are the benefits of trading with Upstox: Low brokerage fees: Upstox offers competitive brokerage rates, allowing traders to save on transaction costs. Seamless account opening: Upstox offers a hassle-free account opening process, allowing traders to start trading quickly and easily.
Which trading is most profitable trading? ›
Day Trading
The defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors.