If you are a beginner in stock market investing, choosing the right demat and trading account is the very first step. One of the most popular options in India today is the Upstox Demat Account. Known for its low brokerage fees, fast account opening process, and user-friendly trading platform, Upstox is widely considered a top choice for newcomers.
In this comprehensive guide, we will cover everything about Upstox Demat Account review – including account charges, features, trading platforms, benefits, pros and cons, and whether it is really suitable for beginners.
What is Upstox?
Upstox is a SEBI-registered discount stockbroker backed by Ratan Tata and operated by RKSV Securities. Founded in 2009, Upstox has quickly become one of the largest discount brokers in India, competing directly with Zerodha, Angel One, and Groww.
- Over 1 crore customers trust Upstox.
- Backed by top investors like Ratan Tata & Tiger Global.
- Provides investment opportunities in equity, commodities, mutual funds, IPOs, and more.
Upstox Demat Account Features
Upstox offers a modern, simple, and seamless experience for new investors. Some of its standout features include:
- 100% paperless account opening with Aadhaar.
- Low brokerage: ₹20 per trade or 0.05% (whichever is lower).
- Free delivery trades: No brokerage for long-term equity delivery.
- Advanced trading platforms: Upstox Pro Mobile App, Pro Web.
- Access to IPO investing, mutual funds, ETFs, and bonds.
- Beginner-friendly dashboard with watchlists, charts, and real-time data.
Upstox Demat Account Charges
Understanding charges is critical before opening a demat account. Below is the cost structure for Upstox in 2025:
| Charge Type | Fees |
|---|---|
| Account Opening Charges | ₹0 |
| Annual Maintenance (AMC) | ₹150 (first year free) |
| Equity Delivery Brokerage | ₹0 |
| Intraday Brokerage | ₹20/trade or 0.05% |
| Futures & Options | ₹20/trade |
| Commodity Trading | ₹20/trade |
| Fund Transfer (NEFT/UPI) | Free |
Why Upstox is Suitable for Beginners
Upstox is often ranked as one of the best demat accounts for beginners because:
- Zero delivery charges make it ideal for long-term investors.
- Simple mobile app allows first-time investors to trade easily.
- Low upfront costs with free account opening.
- Educational resources and blogs that guide new investors.
- Minimal risk, since brokerage is low compared to traditional brokers.
If you’re a student, salaried professional, or someone just exploring stock markets, Upstox offers a cost-effective and guided entry.
Upstox Platforms & User Experience
Upstox Pro Mobile App
- Offers live market data, advanced charting, and easy navigation.
- Beginners can create watchlists and place trades in 2 clicks.
Upstox Pro Web
- Browser-based, especially useful for desktop users.
- Features include 100+ technical indicators, option chain, and trading strategies.
Mutual Fund Investing
- Direct mutual funds with zero commission.
- Easy to set up SIPs and track performance.
Upstox Pros and Cons
Pros
- Zero brokerage on delivery trades.
- Backed by trusted names (Ratan Tata).
- Fast account opening & easy KYC.
- User-friendly mobile & web platforms.
- Free stock market education for beginners.
Cons
- Charges for call & trade orders.
- Not as advanced as full-service brokers for portfolio management.
- Intraday charges apply per executed order.
Comparison: Upstox vs Zerodha vs Angel One
| Parameter | Upstox | Zerodha | Angel One |
|---|---|---|---|
| Brokerage Delivery | ₹0 | ₹0 | ₹0 |
| Intraday Charges | ₹20/trade | ₹20/trade | ₹20/trade |
| AMC (Yearly) | ₹150 | ₹300 | ₹240 |
| Account Opening | Free | ₹200 | Free |
| Best For | Beginners | Traders | Mixed Investors |
Expert Tips for Beginners Opening Upstox
- Always start with delivery investments before intraday.
- Use the watchlist feature to analyze stocks.
- Avoid overtrading, even if brokerage seems low.
- Explore Upstox’s mutual fund section for passive investing.
Related Articles
- Read our detailed review on Dhan Trading Account Review to compare with Upstox.
External Resource
You can check SEBI’s official guidelines on stockbrokers on the SEBI website.
FAQs on Upstox Demat Account
1. Is Upstox Demat Account safe?
Yes, Upstox is SEBI and CDSL registered, making it completely safe and regulated for investors.
2. What are the brokerage charges in Upstox?
Equity delivery is free, while intraday and F&O cost a maximum of ₹20 per trade.
3. How much time does it take to open an Upstox account?
Account opening is instant if you use Aadhaar-based eKYC. Otherwise, it may take 1–2 business days.
4. Does Upstox charge AMC (Annual Maintenance Charges)?
Yes, AMC is ₹150 per year, but often free for the first year as part of offers.
5. Can I trade IPOs with Upstox?
Yes, you can apply for IPOs directly from the Upstox app.
6. Is Upstox good for beginners?
Yes, thanks to its zero delivery brokerage, app simplicity, and investor education resources.
7. Which is better: Upstox or Zerodha?
Upstox is better for beginners due to lower AMC and free account opening, while Zerodha is often preferred by advanced traders.
Conclusion
The Upstox Demat Account is one of the best options for beginners in India. With zero delivery charges, low intraday fees, user-friendly platforms, and free account opening offers, it provides a perfect entry point for stock market investing.
If you are just getting started, Upstox offers the right balance of affordability, safety, and ease of use.
Call to Action: Ready to start your stock market journey? Open your Upstox Demat Account today and begin trading smartly with low costs.
