Upstox

Upstox is registered with SEBI (Securities and Exchange Board of India) and is a member of BSE and NSE. Client funds are kept in segregated accounts as per regulatory requirements. However, like all brokers, it is subject to market and operational risks. Always verify the SEBI registration number before opening an account.

Upstox charges ₹20/trade per trade. Account opening fee is Free and annual maintenance charge (AMC) is Free. Additional statutory charges like STT, GST, stamp duty, SEBI turnover fee, and exchange transaction charges apply as per government regulations.

You can open a Upstox account online in 10-15 minutes. Requirements: PAN card, Aadhaar card (linked to mobile number), bank account details, and a selfie/signature. The process is fully paperless with e-KYC verification through Aadhaar OTP or DigiLocker integration.

Yes, you can apply for IPOs through Upstox using the UPI-based ASBA (Application Supported by Blocked Amount) process. Your funds remain in your bank account until allotment is confirmed. Upstox provides IPO application facility through their trading app with real-time subscription status updates.

Upstox offers customer support through multiple channels including email, phone, and in-app chat. Response times vary based on query complexity. For urgent trading issues, phone support during market hours is recommended. Check their official website for current support hours and contact details.