Headquartered in Mumbai, Upstox is considered among the best stock brokers in India. The stock broking firm was conceptualized by three people who decided to realize their dream after coming back from US. Earlier, it was known by the name RKSV Securities, which stands for the alphabets of firm owners – Ravi Kumar, Raghu Kumar, and Shrinivas Vishwanath.
The most distinctive part of Upstox is their strong inclination towards the use of advanced technology and low brokerage. The stock broking company currently offers investment opportunities across various segments including equities, commodities, futures, currency, and options.
Upstox trading platform boasts trading, analysis, charting and many more valued trading features. Their trading platform makes it very simple to place orders using mobile phones and web browser. Upstox trading platform is built on Omnisys NEST OMS (Order Management System) and Omnisys NEST RMS (Risk Management System).
Upstox Plans
Upstox Basic
Plan
Brokerage Free equity delivey and Rs 20 per trade for Equity F&O, Commodity and Currency
The plan providesfundamental trading features in Equity Delivery segment through smartphones and browser. Upstock doesn't incur any brokerage when it comes to trading in Equity Delivery segment.
Upstox basic plan offers up to 20x leverage on Cash segment.
Upstox
Priority Pack
Rs 0 equity delivery brokerage and flat Rs 30 per trade for Equity F&O, Commodity and Currency
Upstox Pro is the primary trading platform for frequent traders; who prefer to trade in Indra-day and F&O segments. This plan offers up to 25x leverage on Cash segment.
Besides the usual features provided in Upstox Basic Plan, Upstox Pro offers stock search, analyse, trade, and monitor stocks, currencies, F&O, and commodities.
Upstox Pro provides next-level charting for skilful traders for technical evaluation. It also offers an extensive range of pointers, chart types, data rich user interface.
- Upstox Account Opening Charges: Rs 249
- Upstox Demat AMC: Rs 300 per year (paid monthly)
Upstox is known for competitive pricing, value-oriented trading tools and a simple to use trading platform. With zero account opening charges and lots of direct mutual funds to choose from, it’s quite simple for beginners to get started, while active investors will love Upstox commission-free delivery trades on Indian securities.
Advantages associated with
- Upstox Upstox provides brokerage free trading in Equity Delivery segment
- Mobile trading apps available for both Android and iOS smartphones. There is no charge for software usage
- After Market Order (AMO), Cover Order and Bracket Order(BO) or One cancels Other (OCO) orders can be availed on both web and mobile.
- Trailing-Stop/Stop-Loss (SL) is available in both web and mobile.
- Upstox Pro Web Trading Platform offers several market indicators to watch markets anytime, anywhere.
- Upstox Bridge for AmiBroker helps you to code & execute your trading strategy employing the AmiBroker AFL editor.
- Upstox Developer Console helps you build (code) your own trading app in languages such as Python.
- Upstox Option Chain Tool helps traders discover Spot, Future prices, vertical comparison of rates, receive details such as circuit levels, Open High Low Close and market depth. It enables customers to examine volatility, open Interest, performance indicator and check greeks as well.
- Upstox MF Platform offers its clients to choose from 1000's of Mutual Funds for investment. Customers can pick Lumpsum or SIP-based investment pattern.
- Margin Against Shares can be availed.
- Priority Brokerage Package is available for customers who look forbetter leverage.
- Online IPO Application (UPI) is available.
· Hopefully, this Upstox review would be of great help for investors like you.
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