Upstox is another leading discount broker in India, known for competitive pricing and robust trading platforms.

📌 What is Upstox?

Upstox offers:

✔ Stocks
✔ Futures & Options
✔ Mutual Funds
✔ ETFs
✔ IPOs
✔ Commodity Trading

Upstox stands out for intuitive design and strong performance on both web and mobile.

📘 1. How to Open an Upstox Account

Upstox also offers a totally online account opening process.

🔹 Step-by-Step

Download Upstox Pro app or visit their website.
Sign up with mobile and email.
Complete PAN + Aadhaar details.
Upload KYC documents.
Enter bank details and verify.
Complete Aadhaar e-sign.
Get your Client ID and Demat account activated.

Most accounts are activated within a day or two.

💰 2. Upstox Charges Breakdown (2026)

Upstox is similar to Zerodha in pricing but has its unique structure.

📌 Account Charges

Charge Type	Amount
Trading Account Opening	₹0
Demat Account Opening	₹0
Annual Maintenance Charge (AMC)	₹300* approx

*AMC is charged yearly for maintaining your Demat account.

📉 Brokerage Charges

✳ Equity Delivery

Zero brokerage
You only pay statutory charges.

✳ Intraday & F&O

₹20 per executed order
This is simple and cost-friendly.

⚠ Other Necessary Charges

Just like all brokers, Upstox passes on:

✔ Securities Transaction Tax
✔ Stamp Duty
✔ Exchange Charges
✔ SEBI Turnover Fee
✔ GST
✔ DP Charges on selling

These are standard and non-negotiable.

📱 3. Upstox App & Web Interface

Upstox has:

✔ Upstox Pro App (mobile)
✔ Web Platform (browser)

Both are designed for speed and clarity.

🏠 Home Screen & Dashboard

You get:

Live market indices
Watchlist
Quick action buttons
Portfolio snapshot

📈 Stock Page

Key features:

✔ Real-time price
✔ Interactive chart
✔ Depth of Market (Level 2)
✔ Market news and events
✔ Fundamental data

The charting experience is smooth, with many popular technical indicators.

📊 4. Option Chain in Upstox

Upstox also provides a detailed option chain for stocks and indices.

🎯 What the Option Chain Shows

✔ Calls (left) and Puts (right)
✔ Strike prices
✔ LTP (last traded price)
✔ Bid/Ask and spread
✔ Volume & Open Interest
✔ Greeks (optional depending on interface)

This helps you view all available strikes and expiries in one place.

🗂 How to Open Option Chain

Go to F&O section.
Select a stock or index.
Tap Option Chain.
Scroll through strikes and expiries.
Trade directly from this screen.

📈 5. How to Place Trades on Upstox

🟦 A. Stocks

Search the stock
Choose Buy or Sell
Enter quantity
Choose order type (Market or Limit)
Confirm

🟨 B. Options

Select the option from the chain
Enter quantity
Choose Buy or Sell
Place order

Always check margin requirement before placing options trades.

🌐 6. Useful Upstox Features

✔ Smart watchlists
✔ Real-time depth view
✔ Advanced charting
✔ Fund transfer right inside app
✔ Portfolio analytics

Upstox makes it easy to track and manage everything from one dashboard.

🏆 7. Pros & Cons of Upstox

✔ Pros

✅ Easy account opening
✅ Zero delivery brokerage
✅ Intuitive app and web tools
✅ Good for beginners and intermediate traders

❌ Cons

❌ AMC still applies
❌ Some advanced tools are not as deep as competitors

🧠 8. Tips for New Investors

📌 Start with small trades.
📌 Learn option Greeks before options trading.
📌 Avoid emotional trades.
📌 Watch DP and statutory charges carefully.

📊 9. Is Upstox Right for You?

Upstox is ideal if:

✔ You want simple, clean design
✔ You want zero delivery brokerage
✔ You prefer strong charts on mobile and web
✔ You trade stocks and options actively

⭐ Final Verdict

Here’s a quick comparison:

Broker	Delivery Brokerage	F&O Brokerage	AMC
Groww	₹20 or 0.1%	₹20 per order	Free
Zerodha	Zero (delivery)	₹20 per order	₹300/year
Upstox	Zero (delivery)	₹20 per order	₹300/year

All three are solid choices — Groww for beginners, Zerodha for deep tools and ecosystem, and Upstox for clean design.

Upstox Demat and Trading Account — Full 2026 Guide