Every time you place an order on Upstox, you may be charged brokerage and a few other charges. Here’s a breakdown of them all
Types of charges
Upstox fee
- Brokerage - Brokerage is levied by Upstox on each order placed. Upstox has a flat fee structure and brokerage charges have an upper ceiling of ₹20 /order for all segments.
Government/Intermediaries levied (Statutory/Regulatory requirement)
- STT/CTT - Securities Transaction Tax and Commodity Transaction Tax is a direct tax levied by the government on transactions and it varies as per the segments.
- Transaction charges - These charges are levied by the exchanges like BSE, NSE & MCX and are also called Exchange fees or Exchange turnover charges.
- GST - This is the tax levied by the government on the services rendered and currently is 18% (on brokerage + transaction charges + SEBI fees + DP charges).
- SEBI charges - These charges are levied by SEBI across all segments.
- Stamp duty - Stamp duty is charged by the government and now the rates are uniform across the states. This tax is applicable only on buy orders.
- IPFT(NSE)- Investor protection Fund trust charges are levied by NSE on Equity(Delivery, Intraday), Futures &Options and Currency Futures & Option
- DP Charges - DP transaction charges are levied by CDSL on all ‘Sell’ transactions from your Demat holdings (Equity Delivery). They are charged once per scrip per day. DP charges will be calculated as per your DP plan.
Brokerage
Equity | Currency | Commodity |
Equity Delivery | Equity Intraday | Equity Futures | Equity Options | Currency Futures | Currency Options | Commodity Futures | Commodity Options |
| Up to ₹20 per executed order | ₹20 or 0.05% per executed order (whichever is lower) | ₹20 or 0.05% per executed (whichever is lower) | Flat ₹20 per executed order | ₹20 or 0.05% per executed (whichever is lower) | Flat ₹20 per executed order | ₹20 or 0.05% per executed order (whichever is lower) | Flat ₹20 per executed order |
Other statutory and regulatory charges
1. STT/CTT, Transaction charges, GST, SEBI charges and Stamp duty
Equity |
Charges | Equity Delivery | Equity Intraday | Equity Futures | Equity Options |
STT (Securities Transaction Tax)
| 0.1% (on both buy & sell) | 0.025% only on sell side turnover | 0.02% only on sell side turnover | 0.1% only on sell (Premium) |
| Transaction Charges | NSE- 0.00297% on turnover
Note - BSE charges vary as per the stock (scrip) group | NSE - 0.00297% on turnover
Note- BSE charges vary as per the stock (scrip) group | NSE- 0.00173% on turnover
BSE-Nil | NSE -0.03503% on Premium
BSE - 0.0325% (on Premium) |
| GST | 18% (on brokerage + transaction charges + SEBI charges + DP charges) | 18% (on brokerage + transaction charges + SEBI charges) | 18% (on brokerage + transaction charges + SEBI charges) | 18% (on brokerage + transaction charges + SEBI charges) |
SEBI Charges
| ₹10 / crore | ₹10 /crore | ₹10 / crore | ₹10 / crore |
| Stamp Duty | 0.015% or ₹1,500 / crore on buy-side | 0.003% or ₹300 / crore on buy side | 0.002% or ₹200 / crore on buy-side | 0.003% or ₹300 / crore on buy-side |
| IPFT | ₹0.10 per lakh of turnover | ₹0.10 per lakh of turnover | ₹0.10 per lakh of turnover | ₹0.50 per lakh of turnover (Premium) |
Currency |
Charges | Currency Futures | Currency Options |
STT/CTT
| Zero | Zero |
Transaction Charges
| NSE: Exchange turnover charges 0.00035%
BSE: Exchange turnover charges 0.00045%
| NSE : Exchange turnover charges 0.0311%
BSE : Exchange turnover charges 0.001% |
| GST | 18% (on brokerage + transaction charges +SEBI charges) | 18% (on brokerage + transaction charges + SEBI charges) |
SEBI Charges
| ₹10 / crore | ₹10 / crore |
Stamp Duty
| 0.0001% or ₹10 per crore on buy-side | 0.0001% or ₹10 per crore on buy-side |
| IPFT | ₹0.05 per lakh of turnover
| ₹2 per lakh of turnover (premium value)
|
Commodity |
Charges | Commodity Futures | Commodity Options |
STT/CTT
| 0.01% only on sell side turnover (non-agri)
| 0.05% only on sell side turnover |
Transaction charges
| Exchange turnover charge: 0.0021% | Exchange turnover charge: 0.0418% |
| GST | 18% (on brokerage + transaction charges + SEBI charges) | 18% (on brokerage + transaction charges + SEBI charges) |
SEBI Charges
| ₹10 per crore turnover | ₹10 per crore turnover |
Stamp Duty
| 0.002% or ₹200 per crore on buy-side | 0.003% or ₹300 per crore on buy-side |
2. DP Charges : ₹18.5 + GST
For Male: ₹3.5 (CDSL) + ₹15.0 (Upstox charges)
For Female: ₹3.25 (CDSL) + ₹15.25 (Upstox charges)
Note: DP charges apply when selling stocks under equity delivery.
Other charges: Related articles
