Why Upstox charge more than Zerodha?
Table of Contents
Why Upstox charge more than Zerodha?
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03\% (whichever is lower) per trade….Zerodha Vs Upstox Transaction Charges.
| Zerodha | Upstox | |
|---|---|---|
| Equity Futures | NSE Rs 200 per Cr (0.002\%) | NSE Rs 200 per Cr (0.002\%) |
How can I avoid Demat charges in Upstox?
NSE: 0.00345\% per trade on buy & sell. NSE: 0.00345\% per trade on buy & sell. Rs….Charges.
| Upstox Charges | Commodity Futures | Commodity Options |
|---|---|---|
| GST | 18\% (on brokerage + transaction charges) | 18\% (on brokerage + transaction charges) |
Is there any account closing charges in Upstox?
You can close your Upstox account for absolutely free! The firm does not charge any fee for closing your Demat/Trading account. Just make sure to clear your dues and transfer all existing securities from your Upstox Demat account.
What happens if I don’t pay maintenance charges in Upstox?
If you do not pay the AMC for you’re demat account, following things will happen: You will be bombarded with reminders via Email, SMS and Phone Calls by the broker. After some time, your demat account is declared a dormant account (inactive). The brokers (depository participants or DP) hold the dormant account forever.
How do I close my Upstox trading account?
Login to the Upstox app or website. Click on the Name at the top left corner. Go to the Account tab….
- Clear all outstanding dues.
- Close all open F&O trade positions.
- Sell or transfer holdings from your Demat account.
- Redeem any Mutual Funds in your account.
- Clear off any Digi Gold balance from your account.
Does Upstox charge yearly?
Upstox charges an annual maintenance fee of ₹150. As mentioned before, this fee only applies to Demat accounts and not to trading accounts. An account opening fee of ₹150 is charged for NSE and BSE segments.