UPSTOX Account Opening Low Brokerage
Upstox (earlier known as RKSV Securities) is a discount broker, good for traders who look for low brokerages, high margins, and decent trading platforms.
Upstox offers to fix brokerage of Rs. 20 per trade irrespective of the trading volume. You can save huge money on brokerage charges if you trade high volumes regularly.
|UPSTOX Account – Key Points to Take Care|
|Thanks for your interest|
|Please Register your Name, mobile, and email Id below form on priority before sharing it with anyone else.|
|Don’t share your Mobile, EMail id and PAN number with anyone until you Register on this page successfully.|
|Your account will be opened under shubhlaxmicommodity.com only when you register successfully your name, mobile and email id on this page.|
|You must mention the same mobile and email id on your forms and envelope that you register here. Don’t write any different/alternate number on your forms/envelope. Doing so may not open your account under shubhlaxmicommodity.com|
Choose a brokerage plan that suits your goals
Basic Plan – Rs. 20 per Trade or 0.01% (whichever is lower)
Up to 20x leverage on Cash segment.
Free delivery trades forever.
Priority Plan – Rs. 30 per trade or 0.05% (whichever is lower)
Up to 25x leverage on Cash segment.
Free delivery trades forever.
Upstox is a member of BSE, NSE, MCX and MCX-SX and allows you to trade in:
Detailed Upstox Charges
|Equity Delivery||Rs. 0|
|Equity Intraday||Lower of Rs. 20 per executed order or 0.01%|
|Equity Futures||Lower of Rs. 20 per executed order or 0.01%|
|Equity Options||Rs. 20 per executed order|
|Currency Futures & Options||Lower of Rs. 20 per executed order or 0.01%|
|Commodity F&O||Lower of Rs. 20 per executed order or 0.01%|
Call & trade service is also available at Rs. 20 per order.
Upstox Margin / Upstox Leverage/ Exposure
|Index Option Sell||3X||4X|
|Stock Option Sell||3X||3X|
Upstox Trading Platforms
1. Upstox Pro Web
Upstox Pro web is a browser-based trading platform that comes with advanced features like API integration, algo trading, charts and technical indicators.
The features help you to perform in-depth analysis and market understanding.
Pro web uses socket technology that allows access to real-time market data at a faster speed. You also get drag and drop facility to drag a particular script and drop on the chart screen to see the script in chart form instantly.
2. Upstox NEST Trader Desktop
NEST trader is an advanced trading desktop software which helps you monitor markets, place orders and buy & sell shares in real time.
You can install the application on a desktop or a laptop.
Features of NEST Trader
- Customizable interface
- Low latency and enterprise level stability
- Multi-monitor support
- Advanced Charting
3. Upstox Pro Mobile App
You can track your favourite scripts, indices and monitor the markets using charting tools and more than 100 technical indicators.
You can install Upstox Pro mobile trading platform to both Android and iOS versions.
My Experience with Account Opening Process (How to Open the Account with Upstox)
The account opening process of Upstox is very fast when compared to other discount brokers. The whole account opening process is online.
You can quickly open Upstox Demat and Trading account with the help of Aadhaar Card and PAN Card.
You just have to keep following documents handy to fast track your application.
- Aadhaar Card
- PAN Card
- Cancelled Cheque
- Latest Bank Statement with IFSC/MICR Code.
You can start trading immediately without signing any documents. Upstox may take up to 48 hours to generate your trading login password (post completion of the application), but I got my password the very next day.
You only need to Sign PoA (Power of Attorney) document and courier to Upstox if you want to sell and transfer Mutual Funds & Shares through them.
If you are looking for easy and advance trading platforms you should go with Upstox.
You would also get low brokerage charges and high margins which are key points for trading.