Table of Contents
What is Upstox?
Upstox is a tech-first low-cost broking firm in India providing trading opportunities at unbeatable prices. The company provides trading on different segments such as equities, commodities, currency futures, options.
What is a Demat Account?
A Demat Account is an account that allows investors to hold their shares in an electronic form. A Demat Account provides a secure, easy, and convenient way of holding shares and securities. It eliminates the risk of theft, forgery, loss, and damage of physical certificates. A Demat account ensures immediate transfers of securities.
In other words, A Demat account is like a bank account. Money is held in an electronic format in a bank account, and it makes electronic entries in the bank passbook. Similarly, shares and other equity-investments are held in their dematerialized form in a Demat account. And the credit and debit is reflected accordingly in the Statement of Accounts. It is not compulsory to have any balance of shares while opening a Demat account. You maintain Zero balance in a Demat account.
The last 8-digits of the 16-digit Demat account number comprises the Client ID. The DP ID is written as a 16-digit number. Eg: 12081800 00123456. You’ll get your DP ID when your account is opened with Upstox.
Account Types
Upstox offers two different types of trading account to suit investors/traders need:
- Upstox Basic Plan (brokerage Free equity delivery and ₹20 per trade for Equity F&O, Commodity, and Currency). The plan offers basic trading features in Equity Delivery segment through mobile and website. It doesn’t change any brokerage for trading in the Equity Delivery segment. Basic plan offers up to 20x leverage on the Cash segment.
- Upstox Priority Pack (₹0 equity delivery brokerage and flat ₹30/trade for Equity F&O, Commodity, and Currency)
Upstox Pro is the trading platform for frequent traders; who trade in Indra-day and F&O segments. This plan offers up to 25x leverage on the Cash segment. Along with the standard features offered in Upstox Basic Plan, Upstox Pro offers stock search, analyze, trade, and monitor stocks, currencies, F&O, and commodities. Upstox Pro provides advanced charting for professional traders for technical analysis. It also offers a wide range of indicators, chart types, data-rich user interface.
How to Open Upstox Demat Account
Documents required to Open Demat Account
Proof Of Identity
- PAN Card
- UID (Aadhaar)
- Driving Licence
- Passport
- Voter Identity Card
- NREGA Job Card
- Any document notified by the central government
Proof of address
Lastly, you’ll need to submit a proof of address in India. There can be some overlap of address proof and ID proof documents. The full list includes:
- Passport
- UID (Aadhaar)
- Voter Identity Card
- State issues Driving License
- NREGA Job Card
- Utility bill which is not more than two months old of any service provider (electricity, telephone, post-paid
mobile phone, piped gas, water bill). - Bank account or Post Office savings bank account statement.
- Documents issued by Government departments of foreign jurisdictions and letter issued by Foreign Embassy or Mission in India.
Proof of bank
You’ll have to show proof of the bank account that you wish to connect with your account. If you have a canceled cheque that has your name on it then you can send it to your broker along with the account opening forms. Or, if you’re opting for the online account opening process you can upload the canceled cheque with the bank’s IFSC code to the online portal.
In a bank proof a broker needs the following from you:
- Your name
- Bank’s IFSC Code
- MICR
Demat account opening procedure
The online account opening method
In today’s digital world, there really shouldn’t be any reason for you to be filling out physical forms when almost the entirety of your information can now be stored digitally. Fortunately, some brokers have the online processing part figured out. Customers can sign up and complete the registration process online. As long as you have an Aadhaar card with your mobile number linked to it, you’re good to go!
- Head to the Upstox online Demat account opening page.
- Enter your basic details, and click Sign Up.
- Keep scanned copies (i.e. soft copies) of your documents (Aadhaar, PAN, Cancelled Cheque, and your latest bank statement) with you for when you are directed to upload them.
- Enter your Aadhaar details and the OTP you receive on your linked mobile number in order to verify your identity.
Offline account opening process
- Your broker will hand you an account opening form – either when you’ve visited its office or if you’re meeting one of its employees.
- You will need to fill out this form and attach a proof of identity and a proof of address.
- Once done, you’ll also be expected to sign an agreement with your broker. This document will state your responsibilities as a trader/investor, and that of your brokerage firms. Keep a copy of this document with you for future reference.
- Once your broker verifies and processes your documents, you’ll be given your account number, similar to how you receive a bank account number. This number is called the Beneficial Owner Identification Number (or BOID) or Unique Client Code (UCC) if you’re trading with Upstox.
You’ll also receive additional confidential data – such as a Login ID and key for accessing online portals and placing trades.
Upstox Trading Platform
Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platform makes it easy to place orders through mobile phones and web browsers. Upstox trading platform is built on Omnesys NEST OMS (Order Management System) and Omnesys NEST RMS (Risk Management System).
It provides three trading platforms:
- Upstox Pro Web which you can access from your favorite browser.
- Mobile which is available on both Android and iOS that helps you trade on-the-go.
- NEST Trading terminal.
Upstox Pro
Upstox pro is available in web and mobile version and offers fast trading experience to users. The platform offers a range of features to traders such as-
| Universal search tool to search for desired stocks. |
| Powerful charting tools with over 100 technical indicators to apply |
| Charts of multiple intervals, types and drawing styles |
| Facility to trade directly from charts |
| Create unlimited customized watchlists |
| Get access to predefined watch-list of Nifty 50 and other indices |
Products Offered by Upstox Pro
Pro Web: It brings to you the performance of a trading terminal in a web-based platform. It builds the platform in-house using HTML 5 technology and offers a range of features to trade from your desktops and laptops.
Pro Mobile: One of the highest-rated trading apps by users, Pro mobile offers great features to help traders trade on the move. The app gives you access to charts to identify trends, Place orders such as Cover Orders and Bracket Orders, get price alerts on your scrips with delightful user experience.
What is NEST Trader?
NEST trader is a trading software where orders are placed for buying/selling of listed shares on the exchange. These days all trading software offer similar features; however, a few of these features are only available on NEST.
Let’s go over some of these features.
Basic Features of NEST Trader
- Semi-Auto Trading is available through here with the help of AmiBroker or Ninjatrader
- It has a feature to run real-time data by exporting it to excel.
- It can be operated from any part of the world!
- NEST plus provides a plugin to use charts. This is a free tool but NEST Plus also has various paid packages which include technical and news-based features. These features can be executed on the platform.
NEST Trader also allows you to open Option chains where Calls and Puts of a single script with all possible strike prices for a single expiry can be seen visible on a single screen. Buys and Sells of options are directly possible through this option chain.
Upstox Demat Account Login
Upstox Demat Account App Login
The app exists to provide the clients with simple, speedy and secure stock trading. One who wished to avail of the said benefits may get on with the work of downloading the app in order to trade with ease.
The features reportedly are order buttons, tools to search stocks, access to segments, advanced charting, direct order. Here Upstox App Login process.
- The first thing to do is open a Demat account
- This will give you the required liberty to trade with the client id and password.
- Use the link from the table below as per the OS you own and download the app.
- After opening it, use the provided id and passwords to log in upon which you will be asked to create a 2FA password of your own. Do it and remember for further logins.
Upstox Demat Account Web Login
The website login is easy and quick. Plus it saves up on your device’s space for there is no need to download an additional app like a platform to get on with the Upstox Website Login process.
Find a perfect browser and get on with the steps.
- We suppose you already have a Demat account
- If you do, you would be also provided with a client id and password to help log in.
- Upon the successful opening of the page, you will be asked for the id and password which you need to enter.
- Remake the password if you have not as of now.
Upstox Backoffice Login
The back-office assistance is well provided through the system which is named Keystone by the company Upstox.
The Keystone is all set with the options such as reports of transactions, statements of profits and loss, along with the notable tax information receipts, holding and positions of the stocks.
Some of which are downloadable while the others are not. Upstox Backoffice Login to know what you might keep and what you might watch.
- Demat is must to start with
- If you do, you would already be provided with the client id and password.
- Use the client id and password you have to access the reports.
Upstox Account Opening Charges
Account opening fees:
- Rs.150 for NSE and BSE segments
- Rs.150 for MCX.
- Annual maintenance charge of Rs.150 is applicable only on Demat accounts but not on trading accounts.
- An additional Rs. 100 will be charged to process physical account opening forms that are sent to the Upstox mailing address.
- With Upstox, once you open a Demat account you automatically open a trading account when you choose the segments you wish to trade in.
| Account Processing Charges | NIL |
| Trading Account Opening Charges [One Time] | Rs. 150 (Eq and F&O), Rs. 150 (MCX) |
| Trading AMC [Yearly] | Rs. 0 |
| Demat Account Opening Charges [One Time] | Rs. 0 |
| Demat AMC [Yearly] | Rs. 150 (paid upfront) |
| Margin Money | Zero |
Upstox is charging Rs. 150 (Eq and F&O), Rs. 150 (MCX) for opening a trading account. There will be no fee for opening Demat account and trading AMC.
Upstox clients only have to pay Rs. 150 as a Demat account maintenance charges respectively. The clients can start trading journey with Rs.zero margin money.
Upstox Annual Charges
Details of Upstox account opening charges & annual charges
- Equity Demat and Trading: Rs. 300 (includes first year AMC)
- Commodity Trading Account: Rs. 150
- Annual Maintenance Charges: Rs. 150
You can enable priority packs at Rs. 999/month for trading in equities, F&O, and CDS. For commodities, you have to pay Rs. 499/month.
Upstox Brokerage Charges
Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platform makes it easy to place orders through mobile phones and web browsers. Upstox trading platform is built on Omnesys NEST OMS (Order Management System) and Omnesys NEST RMS (Risk Management System).
Upstox Equity Brokerage Charges (Equity Delivery Brokerage, Equity Intraday Brokerage, Options Brokerage, and Futures Brokerage) is the total trading cost that a client has to bear for trading in equity. It is calculated by summing up all the taxes and charges that are levied on top of your brokerage. The charges and taxes are Brokerages, Transaction charges, STT or Securities Transaction Charges, GST, Stamp Duty, and SEBI Charges.
Brokerage charges:
Thus, here are the brokerage charges on different products:
- Equity delivery trades are free of cost.
- For intraday trading on BSE, NSE, and MCX, and F&O brokerage is 0.01% or up to Rs. 20 per order traded (whichever is lower).
- You can calculate the brokerage that you’ll be paying with an interactive brokerage calculator.
| Type | Brokerage |
| 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% |
Other Charges (Upstox Broker Hidden Charges / Fees):
- Call & Trade: ₹20 per executed order
- Physical contract notes: ₹25 per contract note plus courier charges. (Digital contract notes are free.)
- Instant Money Transfer Fee: ₹7 per transfer
Upstox Intraday Margin
Upstox is a SEBI registered online discount broker in India. It allows customers to trade across Equity, Derivative, Commodity and currency segments. When it comes to advanced trading platforms. Upstox has Pro Web, Mobile Nest Trader, Fox Trader and Dartstock.
Upstox offers various trading facilities to its customers to accentuate their trading experience. Margin Trading Facility is one such key offering of the stock broker.
How much margin does Upstox provide?
Intraday margins are provided by Upstox on Equities, Futures and Currency Futures. Understanding what that means and what’s covered is key to effectively utilizing the margin money you deposit in your account.
Upstox provides intraday leverage for equities, futures, options, commodities and currency futures. These only apply for trades executed on the same day and not on prior days’ executions. Leverage begins at market open only for fresh positions. Positions bought or sold on leverage will be automatically squared off at 3:15 PM for equities and F&O and it will be chargeable at Rs.20 per order by Upstox.
| Segment | Trading Margin |
| Equity Delivery | 2.5x |
| Equity Intraday | Regular: 15x | Priority Pack: 20x |
| Equity Future | Regular: 4x | Priority Pack: 4x |
| Equity Option | Regular: 4x | Priority Pack: 4x |
| Currency Future | Regular: 4x | Priority Pack: 4x |
| Currency Option | Regular: 4x | Priority Pack: 4x |
| Commodity Future | Regular: 2.5x | Priority Pack: 3x |
| Upstox Advantages |
| Upstox offers brokerage free trading in the Equity Delivery segment |
| Mobile trading app available for both Android and iOS phones. No software uses charges. |
| Trailing-Stop/Stop-Loss (SL) is available in both web and mobile. |
| Margin Against Shares is available. |
| Upstox Disadvantages |
| Margin Funding is not available for delivery trades. Higher leverage is available in the Upstox Priority Pack account. |
| Upstox doesn’t offer unlimited monthly trading plans. |
| 24/7 customer service is not available. |
| It charges trade fee and call fee at extra ₹20 per executed order |
Conclusion
Guidance is always best to be provided and we hope we were successful in providing the guidance of the very Upstox Login Page leading the clients to the pages they aspire to perfectly trade.
Upstox Demat Account
