How to open a demat account in Upstox? How To Open Trading Account

 

Upstox Stock Broker is a modern broker that if you think in your mind that let's open upstox trading account then like Genie you will be exposed through Whats App on the phone. Upstox is known for making innovative changes to its trading platform. In the new digital phase in Upstox, powered by RKSV, you get an account without any documentation. Discount Broker has a specialty in it, so let's know all the things about Upstox.

                                                           

Advantages of Upstox Demat Trading Account

Upstox gives its customers mobile applications with good features to trade and invest easily, which are completely free.

 

In Upstox, you do not have to pay any brokerage when you buy shares in the delivery option in the equity segment.

 

Even after the market is closed, you can buy shares and place sales orders, in addition to this, the facility of cover order bracket order.

 

Margin on equity shares is also available.

You can also invest in Mutual Funds through Upstox and also do SIP.

In trading, you can avoid possible losses by applying stop loss.

The Upstox Pro trading platform gives you the most powerful charts and advanced hints to practice.

Upstox developers can create their own trading apps using Python coding language.

Facility to change code by amoebroker.

Much lower commission than the rest of the broker.

Better quick and reliable technology.

State-of-the-art material for share practice.

Equity, features, options, currencies. And investment options in commodities.

Trading account and demat account simultaneously.

Documents required to open an Upstox account:

Aadhar Card :

pan card

Copy of cancel check

Bank statement

Signature copy

Procedure for opening an online account in Upstox:

To start investing, you need to have a demat and trading account in upstox, you can open accounts in 2 ways and both are also easy methods.

Procedure for opening an online account through 1 Aadhaar Card:

First of all you have to go to the official website of www upstox.com.

To create an account, you have to enter your own mail id mobile number and password.

After that the PAN card number and Aadhar card number have to be rated and verified with the OTP received on the phone.

Immediately after that you have to fill the account opening fee, you can fill it online, here you will also have to choose the plan (I have told about the plan above).

You have to sign the application form through the Aadhaar card, for which you can validate from the OTP found on the Aadhar card.

Then the application form has to be submitted.

 Within 2 hours you will get the demat form and POA form. Which will be sent to you by the scum id.

Then you will get your client user id and password, which you will have to change within 24 hours.

After that you can start investing from your account.

2 Offline Opening Account Procedure:

First of all, you have to download the PDF of the account opening form and print it out. You can download it by clicking on this link. (Upstox AOF)

After this, you have to sign at the place mentioned. And attaching your passport size photo

You can pay the fee for opening an account through the Upstakes Office or through an agent, apart from this you can also give a check.

After that, all the documents have to be courier to the company's address together.

RKSV Securities India Private Limited

Salasar Business Park,

Off 150 Feet Flyover Road,

Bhayandar West, Thane - 401101,

Maharashtra

You will get a call from his Upstox customer service, then in 2 days your account will be started and your ID and password will be sent to you.

 

How to check whether Upstox account is operational or not?

After courier your documents and application form, if your account is not operational in 3 days or there is no response, then the customer can know by contacting the forum.

 

Upstox Mail ID: support@upstox.com

 

Helpline Number: 61309

 

Apart from this, you can also contact them through Whats App. When you register, you get a message from their WhatsApp app.

2 Upstox Pro Mobile Application:

Upstox has given an application to facilitate investment from smartphones, which is free on the App Store.

Live Market Watch.

All types of charts and indications also showed its lava candle stick charting.

Cover order and bracket order facility.

You can deposit money in demat accounts in a new way like UPI service mobile wallet, in addition, you can deposit money from more than 40 banks.

Alert on share price.

Algo Lab option.

Instant Customer Service.

3 Upstox Web Nest Trading Platform:

Upstox Web Nest Platform can also be traded through a web browser. Like the upstox pro platform, it does not need to download any software but compared to that the platform here is fast and easy.

4 Nest Trading Platform:

 Nest trading platform is a software that you can install and use on your computer. For investors who invest in intraday, it is most important. Here are the most advanced technical tools for practicing stocks for people who trade a large quantity.

Most advanced charting techniques use the highest-grade feature.

All types of present and historical data available at one time.

Change the software in any way you want.

Early investment possible during share purchase and sale.

How to buy upstox shares?

After the demat account is opened, it is important to know which shares should be bought to buy shares, for this you must have knowledge of the stock market.

 

Read here: How to choose the right shares?

After the demat account starts, you get the client id and password on the mail id, using that you can start investment trading on the mobile application.

First of all you have to download the Upstox Trading App from the Play Store. Called Upstox Pro

After that, by opening the application, you have to enter the client id and password given by upstox. People have to log in.

Then according to the screen shot, click on the add button on the left side.

After clicking on the add, you have to enter the name of the share you want to buy.

Understand that you have chosen the stock of TATA Cofee.

After clicking, the order entry option will appear.

It will show you the share price but from that you have to choose the quantity of the stock and the option of intraday or delivery. Will take place after)

After checking all the information you have to click on the option of purchase

Before this you will have to deposit money on the investment account.

From the next day, the purchased shares will start appearing in your portfolio.

How to deposit money in Upstox account?

To buy shares in Upstox, you will have to deposit money, for this you have to click on the option of funds and enter the amount you want to enter, after that you will see the payment options, in which you will get the card, net banking, or the easiest UPI. With this, one can easily deposit money.

How to withdraw money after selling shares in Upstox?

To transfer money from Upstox, you have to register an account of any bank for primery account and after that you have to go to the balance option and enter the amount you want to withdraw and click on withdrawal. The amount will be credited to your account within 24 hours.