Upstox is an online trading platform that allows you to trade on various assets, including commodities and equity. They offer zero brokerage when you purchase or sell a stock and also provide a demo account. As an added bonus, you can get discounts and cashback on referrals.
Demo account
A demo account with Upstox offers novice traders a chance to test their trading strategies. They can also learn the basics of the stock market. This way, they are better prepared for live trading.
Upstox is a digital brokerage firm. It is registered with the Securities and Exchange Board of India (SEBI) and CDSL. In addition, the company is a member of the National Stock Exchange (NSE) and the Multi Commodity Exchange of India (MCX).
Upstox is owned by a group of investors, including GVK Davix, Kalari Capital and Ratan Tata. The company offers free credit and a variety of trading options. If you’re a beginner, a demo account with Upstox is the best way to get started.
Once you’ve opened an account, you can use the Upstox app to trade stocks and mutual funds. You can also transfer money through GPay, UPI or traditional bank transfer.
As an Upstox member, you’ll receive real-time market data and alerts. There are several ways to set up alerts. For example, you can set price alerts on scrips if they reach a certain price. Similarly, you can set up alerts for falling or rising scrips.
Zero brokerage on equity delivery trades
Upstox is a discount broking company that offers a number of benefits to its customers. These include low brokerage, free trading account, and paperless account opening. In addition to that, Upstox provides access to multiple types of assets. For example, it allows investors to invest in commodities, currencies, and mutual funds.
The company has been backed by a group of investors, including Tiger Global Management, GVK Davix, and Ratan Tata. It is a technology-driven, online discount broker.
Upstox’s brokerage is extremely competitive, with a rate of only Rs 20 per trade. This is one of the most affordable brokers in the market, and enables users to save up to 90%.
Traders can choose between a basic plan and a premium service. Under the basic plan, Upstox charges only Rs 20 for each intraday trade. However, there is an extra fee for call and trade.
Users can make their transactions using browsers or by downloading the Upstox app. Customers can also get live support for their questions. To begin, all you need to do is sign up for an Upstox account. Once your account is set up, you will receive a login ID and password. You will also be able to upload documents and check your balance.
Discounts and cashback on referrals
If you’re looking for a good referral program for your friends, you can take advantage of the Upstox Referral Program. There’s no cost to participate, and you’ll get paid for every successful referral. You can refer Upstox to your friends, colleagues, and family members, and you’ll receive a reward.
To get started, you can open an account with Upstox. The process is quick and easy. After you fill in your basic details, you’ll be able to choose a payment method. Once you have your account set up, you can start trading.
If you’re an active user, you’ll receive benefits as soon as you sign up. For example, you’ll have access to stock health reports and portfolio managers. Plus, you’ll receive free equity delivery trades and no-cost IPOs. Depending on your choice of payment method, you’ll also receive a discount code for F&O and intraday orders.
To participate in the Upstox referral program, you’ll need to enter a Upstox promo code. You’ll then receive a cash bonus of up to Rs. 300 if your friend opens an account. And, you’ll get the same amount if your friend places a trade.
Customer care
If you have opened an account with Upstox, you may have noticed that you can access a variety of services that can be easily done online. One of these services is a customer care service that allows you to get in touch with a professional, and you can make a query anytime. In addition to providing a way to contact the company, Upstox also offers a number of facilities, including instant Demat accounts.
Before you begin to use the services offered by Upstox, you will need to open an account with the broker. You can do this online, and you will also need to provide some documents that will prove that you are an adult. Some of the documents that Upstox will accept include identity proofs, proof of address, and proof of earnings. Once you have provided all the required documents, you will be able to receive an OTP to confirm that you have created a valid account.
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