Upstox Brokerage Charges For Delivery Equity Calculation Online

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Understanding Upstox Brokerage Charges for Delivery Trading

In the world of stock trading, brokerage charges can significantly impact your returns. Therefore, understanding these charges is crucial for every investor. One such platform where investors need to understand the brokerage structure is Upstox. In this blog post, we will delve into Upstox’s brokerage charges for delivery trading, how they are calculated, and some essential things to know.

Upstox Brokerage Charges For Delivery Equity Calculation Online

What is Delivery Trading?

Before we dive into the charges, it’s important to understand what delivery trading is. Delivery trading refers to a form of trading where an investor buys shares and holds them for more than one trading session1. The shares bought are then added to the investor’s Demat account.

Upstox Brokerage Charges for Delivery Trading

Upstox offers free equity delivery trading, which means you won’t be charged any brokerage fee when you buy shares and hold them for more than a day. However, other charges like Securities Transaction Tax (STT), stamp duty, transaction charges, GST, SEBI charges, and Demat charges still apply.

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Calculation of Upstox Brokerage Charges

While the brokerage for delivery trades is zero, let’s understand how the other charges are calculated:

  • Securities Transaction Tax (STT): This tax is levied by the government on every purchase or sale of securities listed on the Indian stock exchanges. It is 0.1% on both buy and sell sides for delivery trades.
  • Stamp Duty: This varies from state to state and is charged based on the state of residence provided in the Demat account.
  • Transaction Charges: These are charged by the stock exchange and are 0.00325% of the total turnover for delivery trades on the NSE.
  • GST: This is charged at 18% on (brokerage + transaction charges).
  • SEBI Charges: These are charged by the Securities and Exchange Board of India (SEBI) at Rs. 5 per crore.

Things to Know About Upstox Brokerage Charges

  1. Even though delivery trading is free, other statutory and transaction charges apply.
  2. The brokerage charges for intraday, futures, and options trading are different.
  3. Upstox also charges an annual maintenance charge for the Demat account.

Frequently Asked Questions

1. What is the brokerage for intraday trading on Upstox?

Upstox charges a flat fee of Rs. 20 or 0.05% (whichever is lower) per executed order for intraday trading.

2. Are there any hidden charges on Upstox?

No, Upstox does not have any hidden charges. All the charges are mentioned upfront.

3. How can I calculate my total cost on Upstox?

Upstox provides a brokerage calculator on its website where you can calculate your total cost including all charges.

In conclusion, while the zero brokerage on delivery trades by Upstox seems attractive, investors must consider other charges that apply. It’s important to understand the complete cost structure to make informed investment decisions.

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