Backed by Ratan Tata and Tiger Global. Flat ₹20 per order on delivery & options; ₹20 or 0.1%/0.05% (whichever lower) on intraday & futures.
Trade details
Delivery
Intraday
Futures
Options
₹
₹
I haven't sold yet (buy-side only)
Cost breakdown
Net P&L after all charges
₹0.00
Breakeven price: ₹0.00
About the Upstox brokerage calculator
Upstox is India's second-largest discount broker by active clients, backed by
Ratan Tata and Tiger Global. Unlike Zerodha, Upstox charges a flat ₹20 per executed order on equity
delivery too — there's no zero-brokerage delivery plan. Intraday is ₹20 or 0.1% (whichever lower) per
leg, and futures are ₹20 or 0.05% (whichever lower) per leg; options are a flat ₹20 per executed order.
The clear advantage is zero AMC — Upstox charges nothing to maintain your demat account, which can save
₹300+/year versus Zerodha if you're a light or occasional trader.
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PRACTICAL TIP
Upstox's zero AMC makes it the cheaper choice if you hold a demat account but trade
infrequently — you avoid the ₹300+/year holding cost that Zerodha and several bank-backed brokers
charge regardless of activity. If you're an active trader placing many orders, though, the AMC
saving is usually outweighed by other factors like platform speed and order execution — compare your
expected order count for the year against the ₹300 AMC difference before deciding.
Worked example — Intraday: 100 shares, ₹1,000 → ₹1,010
On a 100-share intraday trade bought at ₹1,000 and sold at ₹1,010 through Upstox, the
brokerage component comes to ₹40.00 and total charges
across brokerage, STT, exchange fees, SEBI fee, stamp duty and GST add up to
₹82.72. On a gross profit of ₹1,000 (before charges), that
leaves a net P&L of ₹917.28 — run your own numbers in the
calculator above for any price, quantity or segment.
Delivery brokerage shown is the round-trip charge (buy + sell legs combined) on a ₹1,00,000 turnover trade, for like-for-like comparison — see each broker's own page for their exact formula.
Frequently asked questions
Does Upstox charge brokerage on delivery trades?
Yes — unlike Zerodha and a few other discount brokers, Upstox charges a flat ₹20 per executed order on equity delivery trades, applied separately to the buy and sell legs. There is no free-delivery plan on Upstox's standard pricing.
What is Upstox's DP charge?
Upstox charges ₹20 + GST per scrip, per day, as a DP (Depository Participant) charge, deducted only when you sell shares held in your demat account. This is broadly in line with the industry-standard ₹20 charged by most discount brokers.
Does Upstox have an annual maintenance charge (AMC)?
No — Upstox charges ₹0 AMC on its demat account, which is one of its key cost advantages over Zerodha (₹300/year) and bank-backed full-service brokers (₹600–750/year).
How much does Upstox charge for intraday and F&O trading?
Intraday equity is charged at ₹20 or 0.1% per order (whichever lower) per leg; futures at ₹20 or 0.05% per order (whichever lower) per leg; and options at a flat ₹20 per executed order. On most retail order sizes, the flat ₹20 applies.
Is Upstox cheaper than Zerodha overall?
It depends on your trading style. Upstox has zero AMC (saving ₹300+/year) but charges ₹20 on delivery trades where Zerodha charges nothing. For a buy-and-hold investor doing few delivery trades, Zerodha can work out cheaper overall; for an active intraday/F&O trader, the AMC difference often outweighs the delivery brokerage difference.
Is Upstox safe and SEBI-registered?
Yes, Upstox is a SEBI-registered stockbroker and a member of NSE, BSE and MCX, with deposits held under the standard depository (CDSL/NSDL) framework that applies to all regulated Indian brokers.
What trade types does this calculator support for Upstox?
This calculator covers all four common segments — equity delivery, equity intraday, futures and options — with the exact brokerage, STT, exchange charges, SEBI fees, stamp duty, GST and (for delivery sells) DP charges that apply to Upstox's standard pricing plan.
Free tools for before and after this trade
Plan the position, size the risk, and price the option — part of Accelpix's free 18-tool trader suite.
This calculator is built for educational and estimation purposes, referencing publicly available SEBI, NSE, BSE and MCX circulars along with each broker's published rate card. Actual charges on your contract note may vary.
01Securities Transaction Tax (STT)
STT is levied by the Government of India under the Securities Transaction Tax Act, 2004, and collected by the exchange on every executed trade. Equity delivery attracts 0.1% on both buy and sell legs; equity intraday attracts 0.025% on the sell leg only. Futures attract 0.05% on the sell-side turnover and options attract 0.15% on the sell-side premium, per the rates effective 1 April 2026 (Union Budget 2026-27). STT is non-refundable and applies irrespective of profit or loss.
02Exchange transaction charges
NSE and BSE levy transaction charges on turnover to fund exchange operations and infrastructure, as specified in their respective circulars. These charges differ by segment (equity, futures, options) and are charged to the broker, who passes them through to the client. Rates are revised periodically by the exchange and published on nseindia.com and bseindia.com.
03SEBI turnover fees
Under SEBI (Regulation of Fees) regulations, a turnover fee of ₹10 per crore (0.0001%) is charged on the total transaction value to fund SEBI's regulatory functions. This is a flat statutory levy uniformly applied across all brokers and segments.
04Stamp duty
Stamp duty on securities transactions is levied under the Indian Stamp Act, 1899, as amended by the Finance Act, 2019, and is charged uniformly pan-India on the buy-side consideration, collected by the depository/exchange. Rates: 0.015% for equity delivery, 0.003% for intraday and options premium, and 0.002% for futures.
05GST
Goods and Services Tax at 18% is levied on brokerage and on exchange transaction & SEBI charges (the "taxable services" component), under the CGST/SGST or IGST Act depending on the client's registered state. GST is not applicable on STT, stamp duty, or the SEBI turnover fee itself, as these are statutory levies, not services.
06DP (Depository Participant) charges
When you sell shares held in your demat account, your Depository Participant (broker) levies a DP charge (typically ₹13–₹25 + GST per scrip, per day), payable to CDSL/NSDL for debiting securities from your demat account. This is separate from brokerage and applies only on delivery sells, not on intraday or F&O trades.
Disclaimer: Figures shown by this calculator are estimates based on publicly published broker rate cards and SEBI/exchange circulars believed accurate as of June 2026. Brokerage plans, STT, exchange transaction charges, SEBI fees and stamp duty rates are subject to change by the respective broker, exchange, SEBI or the Government of India without notice. Accelpix is an NSE-authorized data vendor and does not act as a stockbroker, investment adviser, or research analyst. Nothing on this page constitutes investment advice, a recommendation to trade with any particular broker, or a guarantee of charges that will appear on your contract note. Always verify exact charges with your broker's official rate card and your daily contract note before making trading decisions. Trading in equity, derivatives and commodities involves risk of financial loss.
