Are there any hidden charges in opening Upstox commodity account?

No, there are no hidden charges in opening a Upstox commodity account. You must pay an account opening charge of 200 Rs inclusive of all taxes. The brokerage charge for trading MCX futures is 0.05% or 20 Rs, whichever is lower per executed order. For MCX options, the brokerage charge is Flat Rs 20 per executed order.