What is Upstox (How to Earn Money, Account Opening Charges, Review, login, Customer Care Number, refer & earn)
Do you want to plan your future and looking for a platform where you can invest your money? And that too without any fear!! Then Upstox is the best option for you. Now you must be wondering what is Upstox and how to earn money from it. So for this, I will give you complete information in my article.
Let me first tell you some interesting things about Upstox is India’s fastest investment platform which is trusted by 30 million customers. On this, you can easily open a free Demat & trading account. If you want, you can use any way to earn money, but if you are interested in mutual funds or the stock market, then What is Upstox can become the best platform to invest your money. Because most of the businessmen earn lakhs of rupees by investing their money in the share market in this way.
If you want to earn money from your money then you must use Upstox. In this article, I will tell you what is Upstox, how to earn money from Upstox, how to create a free demat & trading account on Upstox, etc. So this article is going to be very important for you, so you must read it till the end. Let us first start what is Upstox.
What is Upstox
What is upstox is a platform that gives a golden opportunity to long-time investors, pro traders, and part-time traders to invest their money in stocks, Mutual Funds, Digital gold, IPOs. What is Upstox is considered one of the best leading brokerage companies in India. Because it provides trading solutions like equity, commodity, discount broker. You will be surprised to know that Upstox has opened more than 1 lakh accounts that too in just one month. Its popularity is so high that Mr. Ratan Tata has also invested in it. If we talk about trading services, then at present no company offers good MCX, NSE, and BSE at low prices, but you will get all this very easily in Upstox.
Choice of Upstox App
If you are a salaried person or a college student or a small businessman and you want to secure the future of yourself and your family, then Upstox is the best option for you because it is a trustworthy app. In this app you will not feel at all that you are being cheated, here you will get to see full transparency.
Choice of Upstox App In 2021, many such trading apps will first give you good offers to attract, and then later they will bring out their hidden terms. And if you have invested in these companies once, then you will be trapped. And your money may also get sunk there. But nothing like this will happen to you in Upstox. Its terms and conditions are not hidden from the investors. That is why millions of people invest in this app.
If you invest your money in this, then you will not have to do any paperwork of any kind. You can open an account for any of its services or products by doing online document verification. In this, you will also get charts, financial data, information to make better decisions, comprehensive 2FA authentication. Upstox has been running since 2016 fulfilling the financial dreams of the Indian people.
Upstox Account Opening Charges
Now you know what is Upstox and why choose it only. Now let me tell you about the charges and review of Upstox, now you have learned that Upstox is a trustable company, but as you know, before investing money anywhere, about that company, its position in the market. The information should be known so that there is no problem later. About Upstox, let me tell you that it is the most reviewed app among all the online discount brokerage apps in India. Upstox Account Opening Charges The following charges are levied in this –
The charges that Upstox charges for creating an account are 0% which means it is free. But if you create a Demat AMC account then its charge is Rs.300 per year.
If you create an account for intraday or F&O then you have to pay Rs.20. And with this, you will have to pay only 25 rupees every month for the maintenance of your Upstox account.
Knowing its charges, now you can guess yourself, any person can invest, even if he has very little money, he can handle his account with great ease. That’s why more than 30 thousand people have given reviews on it. Talking about its rating, it has been given a star rating of 4.2.
Benefits of Upstox
The biggest advantage of Upstox is that a good amount of income can be made through it. But apart from this, there are many advantages in this which are as follows:
- In this, you will get an online IPO (UPI).
- In this, you will get to see Margin Against shares.
- Upstox offers the MF Platform to all investors, it has about 1000 Mutual Funds. Through which investors can choose the SIP pattern or Lumpsum of investing according to their own.
- The Upstox chain tool also helps traders to get information about details like future prices, spots, vertical comparison of rates, and market depth.
- Upstox Developer Console also helps investors to understand and use complex languages like Python to build their trading app (code).
- You will also get the Upstox Pro Web Trading platform in the app so that you can monitor your share market well.
- You can handle Upstox well through both your smartphone or desktop.
Upstox Online Services
When you are using an app, then definitely find out about its service because only when its server will work properly then you will benefit. For your information, let me tell you that it is very important for all the investment companies that are online that they should provide a good service to their customers. But often it does not happen in which the server of financial investors gets mostly down. Due to this they also have a lot of problems.
In Upstox, they will not have to face any such problem because the server is never down in this. In other investment companies, you have to submit a lot of documents offline or give a POA (power of attorney) to do trading. But it is not mandatory in Upstox, you can easily open your trading account.
Upstox Account Opening
Creating a Demat and trading account on Upstox is very simple and easy.
To create an account, you will need some documents and their scan copies. The names of those required documents are as follows;
- Aadhar Card
- pan card
- Voter ID Card
- Address proof
- scanned signature
- Bank statement (last 6 months)
- canceled check
- mobile number
- Email ID
Income proof (only for derivatives trading & commodity)
Keep one thing in mind that both MICR code and IFSC code should be visible in the bank whose passbook you are applying.
Let me now tell you how to open an account by step by step process.
Account opening process:-
Step 1. First, you have to open https://upstox.com website. After opening the website, you will get to see some kind of interface. In this, you have to click on ‘create an account.
Step 2. Then when you click on create an account, you will now see something like this. In this, you have to enter your Email Address and Mobile No. to fill. Then click on send OTP. On clicking, a code will come on your mobile, you have to enter that code here and proceed.
Step 3. Now you have to type your PAN card number and date of birth and click on next.
Step 4. In this step, you have to fill in the necessary information related to your account.
Step 5. Now select the option according to the type of trading account you want. Here you can choose any account type accordingly.
Step 6. Now in this step, you have to fill in the details related to your bank. In this, you must submit at least one important document. Like last 6 months bank statement etc.
Step 7. After filling in the details of the bank, you have to upload your scanned signature. One thing must be kept in mind in this that if you are creating an account for ‘commodity’ then you will also have to upload your income document (like salary slip or form 16).
Step 8. In this step, you have to upload the scan copy of both the address proof and the front and back of the Aadhar card. Then you have to upload your PAN card and a photo.
Step 9. When all the documents are submitted then you are ready to sign in.
After the document is submitted, you will see 2 options. ‘E-Sign with Aadhaar Card OTP’ and ‘I will courier the form’ if you are the only person whose account is to be opened and your mobile no. If there is a link with your Aadhar card then you can go with the earlier option. This will benefit you that you can log in on the same day, but your mobile no. If there is no link with your Aadhar card, then you have to send all your documents to the address given below This will take some time to open your account.
- RKSV Securities India Private Limited
- Salasar Business Park,
- Off 150 Feet Flyover Road,
- Bhayandar West, Thane – 401101,
Earn Money With Upstox (Upstox Refer and Earn)
To earn money from Upstox, you must have some information about stock marketing, the rest of the help will be given to you from Upstox. You will have to invest some money in this, only then you will earn well.
If you want, you can earn even without investing money. For this, you have to participate in the refer & earn program. In this, you have to refer the Upstox app to your family members and friends. Then according to the number of people who install the app referred by you, you are given Rs 1000.
You can also buy and sell shares in Upstox. In this, you can earn good money through Mutual Funds, through Stock Marketing. In this, you can also buy or sell digital gold.
Upstox Customer Care Number
To invest in Upstox and to create an account, whatever problem you face or you want to know more about it, then you can call customer care which is 022-4179-2999. Apart from this, if you are creating a new account, then call on the number 022-48789991, for support, dial the number 022-71309999. For contact support call on the number 022-61309999.
In this article, you have learned how much Upstox can be of use to you. Through this, you can plan your future for your business well, that too without any worries. Even if you do not have much money, you can still invest in Upstox. As you know this is a trading platform, so you can also create your trading account in it.
In this article, you have learned what are the benefits of Upstox, how to create Free Demat & Trading Account on Upstox, how to earn money from Upstox, how many reviews and ratings have been given to Upstox by many people. Talking about its charges, this app is perfect for any common investor. With this, I hope that this article of mine (what is Upstox) will be useful to you.
Q: Which are the best Demat account apps?
Ans: The best Demat account apps in India are Upstox, 5 money, Sharekhan, Zerodha, Motilal Oswal, HDFC securities, ICICI Direct, etc.
Q: Why Upstox shows a negative balance?
Ans: When you trade using margin, then if there is any loss in that trade, a negative balance appears.
Q: Who is the owner of Upstox company?
Ans: RKSV Securities Pvt. Ltd. Company is The name of the co-founder of this company is Mr. Ravi Kumar and Mr. Raghu Kumar|