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Upstox (RKSV Securities)
92/100
Discount Broker
Backed by Ratan Tata and Tiger Global, built on high-throughput modern infrastructure.
Credwiser Score 92/100

Upstox (RKSV Securities)

Discount Broker • Backed by Ratan Tata and Tiger Global, built on high-throughput modern infrastructure.

Broker TypeDiscount Broker
Account Opening₹0 (Free Account Opening)
Demat AMC₹0 (Zero Demat Maintenance Fee)
Equity Delivery2.5% or ₹20 per executed order (whichever is lower)
Equity Intraday0.05% or ₹20 per executed order
Futures & OptionsFlat ₹20 per executed order for F&O
MTF Rate18% per annum (Margin Pledge facility with immediate credit)
DP Charges₹18.50 + 18% GST per scrip per day on debit (CDSL)
PlatformUpstox Pro Web, Pro Mobile 3.0, integrated TradingView direct trade execution
Algo / APIUpstox API available (Free tier for basic trade routing)
Active Clients3.1 Million+
SEBI RegistrationINZ000185137 • CDSL DP ID: 12081800
Best ForActive F&O scalpers, intraday technical analysts, and TradingView chart enthusiasts

Strengths

  • Modern trading interface with direct order placement from TradingView charts
  • Zero Demat AMC and zero account opening fee
  • Option Greek chain visualizations built directly into the mobile app

Weaknesses

  • Equity delivery is not free (₹20 per trade)
  • Higher DP debit charges of ₹18.50 per scrip

Upstox (RKSV Securities) FAQs

Can I trade directly from TradingView charts on Upstox?

Yes. Upstox features deep TradingView integration that allows you to buy, sell, adjust stop-losses, and trail orders directly on chart candles.

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