Upstox was operating from his head office till 2017, after that they changed their policy with branch offices, which means the company is completely technology focused and using the advantage of digital technology and broader use of internet availability. Opening a new account with Upstox is a paperless process, you need to have your Aadhar Number, PAN card, Digital Photo, Copy of Bank Statement and one canceled cheque. Aadhar number must be linked to your primary phone number for OTP verification. Complete account opening process is paperless and quick.
If you are not comfortable with the paperless application, you can download the form, sign on specified sections, fill the form manually and courier to Upstox Sales Office with required document list and account opening cheque.
Once you are done with account opening process, you can download Upstox Mobile app on Android or iOS device, or use Upstox Pro Web trading platform or Next Trader desktop trading platform to start trading. You can transfer fund from the trading application and net banking facility of your primary bank account. After fund transfer, you are good to start trading /investing in the market.
Upstox also provide Mutual funds investment options that are also online so you can explore the same, For applying in IPO you need to apply using net banking ASBA process and use Upstox DP ID.
Tarding Account Opening Charges: Rs 150 Equity/ Rs 150 Commodity
Time to Open an Account: 3 days to 7 days
Opening an account is an online process with Upstox, but submitting physical form, POA form and document verification process will make this process bit longer. Below are the steps to open an account with Upstox:
Wait for a sales representative call from Upstox. He will explain you plan details and charges.
Visit Upstox website to start account opening process online by provide your personal details â€“ PAN Number, Aadhar Number, Bank Details and so on. You will get an email with the link and process explained by Sales team. You need to upload all prerequisite documents - PAN Card, Aadhar Card, Photo, Cheque, Bank Statement in Digital format. Size of each document must be less then 1MB. Possible format of files are .png or .jpg. Incase broker allow digital signature, then you need a photo of signature on white paper.
Pay Upstox account opening fees, if any.
Complete online KYC Process with help of Upstox support team.
Download PDF file - if it Aadhar integrated (paperless) account, then you need to submit only POA form. For an offline process, you need to download complete form including POA form.
Sign required documents and courier back to corporate/registered office of Upstox. Document pickup facility available on selected location.
Documents verification by Upstox support team.
On approval/ account activation, you will get an email with user id and password from Upstox support team.
Download Upstox mobile app or login using web-based trading platform.
Do online fund transfer into your Upstox trading account..
You are all set to start your first trade with Upstox.
A technology advance broker, Upstox is able to hold its place in the top 5 discount brokers in India. Excellent in technology and tools, competitive brokerage plan – free delivery trading and max rs 20 plan for Intraday, F&O, currency and commodity, Online Mutual Funds investment, Award-winning customer support, For active traders – Upstox offer special Priority Plan for high margin/leverage requirement. Upstox has everything for all type of investor with competitive brokerage and best in class technology.
Opening Online trading account now a days is very easy, to join Upstox you need to provide your information and you will get call in few minutes from Upstox representative to explain you process. Depend on your choice online paperless or physical form base process team will guide to start the processing.
Upstox is giving refund of your account opening fee as brokerage refund, so get advantage of kind of free account opening with Upstox.
Upstox new trading and demat account opening, company don’t have promo code, but giving current promotion to open an account and get account opening fee as brokerage cash back.
Refer a friend to Upstox and get 10% brokerage commission.
Last Updated on 2019-06-27