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upstox

Regulated
India
,
Since 2009
Last Updated:
30/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
1
Account Types
BasicBasic

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

8 methods

Net Banking

bank transfer
Instant
Fee:
₹7
Fee:
Free

UPI Transfer

bank transfer
Instant
Fee:
Free
Fee:
Free

IMPS

bank transfer
Instant
Fee:
Free
Fee:
Free

NEFT

bank transfer
4 hours
Fee:
Free
Fee:
Free

Cheque

bank transfer
4 days
Fee:
Free
Fee:
Free

Instant Withdrawal (IMPS)

bank transfer
Instant
Fee:
Free
Fee:
₹24

Instant Withdrawal (UPI)

bank transfer
Instant
Fee:
Free
Fee:
₹24

Standard Withdrawal (Bank Transfer)

bank transfer
2 days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 4%, 2: License 52%, 3: Software 51%, 4: Spread 0%, 5: Account Type 10%, 6: Symbol 0%
Regulation
4%Poor
License
52%Fair
Software
51%Fair
Spread
0%Poor
Account Type
10%Poor
Symbol
0%Poor

Company Information

Full Name:upstox
Founded:2009
Headquarters:India
Enterprise Offices:2offices

Customer Support

Phone:
+91 022-41792999
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down

Broker Summary

Summary of the broker

Overview of Upstox, Characteristics, Conditions, and Customer Experience

To be competitive in today's marketplace, having a trustworthy broker is very important. Upstox is a technology-based company that was established to provide technology-driven brokerage services to both new and seasoned investors. By concentrating on allowing investors to trade more seamlessly through a host of tools that can be accessed via mobile devices (Smartphones/Tablet), Upstox has developed its focus to deliver a wide range of instruments across many markets, including the commodities, equity, and foreign exchange markets.

What follows is an overview of all aspects surrounding the Upstox Company, including background information, company objectives, and company offerings, as well as up-to-date information regarding trading conditions, company regulations, and regulatory compliance and fee/Fee Structure (Customer experience).

Upstox Company Background and Profile

There is little information available publicly regarding the background of Upstox, but they can be described as a financial services provider specializing in brokerage and market access. What they have set out to accomplish with technology is to make investing easier for everyday investors and to improve the overall efficiency and effectiveness of investing for retail investors.

To succeed in such a highly competitive environment, Upstox continues to develop and enhance its platform capabilities to provide more services to their clients.

Key Features of Upstox

To meet the needs of active traders and long-term investors, Upstox has created a variety of tools for its users and client base:

Advanced Charts/Live Market Data

Multiple Financial Instruments Available for Trading

Desktop/Mobile Apps for Making Trades Irrespective of Location

User-Friendly Interface and The Ability to Execute Trades Quickly and Easily

Together, these features provide the investor with an efficient way to evaluate market trends, execute trade actions successfully, and remain connected to their position when on the go, through their mobile device.

Trading Instruments Offered by Upstox

A complete list of instruments offered by brokers like Upstox is not available publicly, but based on what we know, they would have access to some or all of the following instruments:

Equities (Countries Globally across countries)

Derivatives

Commodities

Forex/Currency Pairs

This large variety of instruments provides traders with the ability to create a diversified portfolio and follow multiple strategies depending on the market.Overview of Regulations

The trader's confidence is greatly influenced by understanding how the broker is regulated. Still, detailed information about Upstox's Licensing Procedures is hard to find.

Regulatory Information

Licensing Authority - There is little to no information available on this area at present.

Trading Technology and Conditions

Upstox has a strong focus on ICT, i.e. Innovative and Advanced Trading Technologies with its proprietary platform Upstox.com (Pro), while there are still many details around the specific Trading Conditions available.

Trading Technologies and Conditions

There is no information on Upstox's trading conditions (spreads, leverage, minimum deposit requirements etc.) - the product contains a technology platform called Upstox.com (pro). The Upstox.com (Pro) Platform has most of the contemporary features of other current platforms including real-time market data and real-time trading support, as well as multiple types of orders, and risk management.

Fee Structure

It is important for traders to know the costs associated with choosing a broker. Currently, there is no publicly available information on Upstox' fees.

Fee Information

At this stage, most potential Upstox users will want to contact Upstox to ask questions about the Fee Schedules before they set up an account.

User Experience

The Upstox platform aims to provide its users with reliable and flexible trading choices through the ease of use of the UI and many different devices. Although the majority of reviews available focus on the broker's technology, several other reviews do highlight the broker's focus on ease of use and user-friendliness, which is likely to represent a commonality throughout the Upstox experience.

Current Events

At the present time, there have only been a limited number of updates and modifications available via public channels about Upstox. In such a fast-moving industry, this is not surprising, and as of now, no significant announcements have been made.

Summary

The focus of Upstox appears to be on being an innovative, technology-driven trader that provides easy and efficient access, functionality, and processes. Due to the limitations of publicly available information regarding regulatory status, fee structure, and detailed trading conditions, the Upstox platform has demonstrated its unique capacity to continuously adapt and enhance its trader's experience through ongoing innovation.

Therefore, prospective traders should:

1) Confirm all Upstox regulation information directly.

2) Request detailed information about fees and up-to-date Trading Conditions.

3) Compare Upstox's tools against other broker services.

With a growing need for transparency and trustworthiness within the financial Industry, so too will be the need for understanding how these aspects align with the trader's goals and risk tolerance levels.

Regulatory Licenses

Compliance & oversight

1 license
India
SECTier 2
India#INZ000315837
License Details
Type:Dealing in securities
License #:INZ000315837
Status:Regulated
Validity
Effective:Dec 1, 2023
Expires:N/A
Authorized Activities Forex Trading, Financial Derivatives Trading, Securities Trading
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

2 types
Basic
Standard
Leverage 1:1 • Commission Up to ₹20 per executed order
Leverage1:1
CommissionUp to ₹20 per executed order
Basic
Standard
Leverage 1:1 • Commission Up to ₹20 per executed order
Leverage1:1
CommissionUp to ₹20 per executed order
2
Total Types
1
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

9 methods
Net Banking
Bank TransferInstant
Deposit
Fee:INR 7
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Ensure your bank supports Net Banking transactions. Available to users with registered bank accounts supporting Net Banking.
UPI Transfer
Bank TransferInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Ensure your UPI app is linked to your bank account. Available to users with UPI-enabled bank accounts.
IMPS
Bank TransferInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Ensure your bank supports IMPS transactions. Available to users with banks supporting IMPS.
NEFT
Bank Transfer4 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Ensure your bank supports NEFT transactions. Available to users with banks supporting NEFT.
8
Free Deposit
9
Instant
0
Crypto

Trading Platforms

Professional trading tools

2 Available
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with upstox: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark upstox at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for upstox

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://upstox.com/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

5 platform
Scroll to see all 5 platforms

Corporate Network

Enterprise structure & relationships

2 entities

RKSV COMMODITIES INDIA PRIVATE LIMITED

India
active

Registration

U65190DL2012PTC236371

Established

2024-09-16

UPSTOX SECURITIES PRIVATE LIMITED

India
active

Registration

U65100DL2021PTC376860

Established

2021-02-10

Comments

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