Open Upstox Demat Account Online

Open Upstox Demat Account

Open Upstox Demat Account

Upstox is one of the most reliable and the biggest Stockbroker in India with over 800k  clients. Upstox provides one of the lowest brokerage charges and best trading platforms among all discount brokers in India.

If you are looking forward to opening Upstox Demat Account and trading account with a reliable stockbroker that charges low brokerage and has a very good trading platform, you can use the direct link to open Upstox Demat Account online by using aadhaar and mobile OTP in 10 minutes.

Read : Upstox Pro 3 Web Trading Platform – Best Features

The all new upstox web trading platform

Its self-explanatory process and all details are mentioned below in case you need detailed steps to open a Upstox Demat and trading account. Let us know the procedure to Open Upstox Demat Account by using the following steps.

You can open a fully paperless upstox account online if your aadhar card is linked with a mobile number. You don’t require to courier Power Of Attorney(POA) forms unless you trade above 10 lakhs rupees. Upstox is a leading & fastest growing discount broker after Zerodha.  Here is the detailed comparison between Zerodha Vs Upstox.

In our view, if you are new to the stock market world, I would advise you to open a Upstox Demat Account to claim free benefits and lowest Upstox brokerage charges.

Upstox Account opening – latest offers

Upstox keeps bringing new offers from time to time for new demat account opening and free brokerage coupon codes.

To know complete details on current upstox offers – visit Upstox account opening Offers

Why Upstox Account is India’s one of the Best Stockbroker?

Upstox provides multiple features and one of the Best Demat Account among other stockbrokers. Here are a few reasons to open a Upstox Demat account and trading account. You can Invest in IPO through Upstox by submitting ASBA (Application Supported by Blocked Amount) through Netbanking as well as through UPI . Here are the key reasons to open a Upstox Demat Account

  • The Upstox Account Opening if free, as they don’t charge for account opening.
  • Charges for delivery trades are Free.
  • To get knowledge on where to invest, you can Learn Technical Analysis by clicking here.
  • Using Upstox Pro Application, you can easily Buy and Sell shares in the stockmarket
  • Upstox Demat Account provides a 3 in 1 account which is a Demat Account, Trading account, and IndusInd bank account.
  • Upstox also offers you to invest in Mutual Funds.
  • Brokerage charged will be Rs 20 or 0.01% whichever is lower per executed order for intraday trading in a basic plan.
  • No turnover assurance or upfront fee.
  • Dartstocks – One next-generation desktop platform for Charting, and Analysis.
  • 350+ customer support base is available to solve all your queries via phone or email.
  • One can use Upstox coupon code to get more benefits.

Upstox Account Opening Charges

Upstox Account Opening charges for Demat and Trading account is Zero. Upstox has a least Annual maintenance charge of Rs 150 towards account maintenance. 

If you looking forward to Open Upstox Account, the account opening charges are as follows

Demat ServicesCharges
Depository SourceCDSL
Account Opening Chargesfree
Demat AMC ChargesRs. 150 per year
Trading AMC ChargesFree
Margin MoneyZero

Upstox Demat Account Features

Upstox Features
Upstox Brokerage Charges Yes, Rs 20 or 0.01%, whichever is lower
Web Trading Platform Yes
Mobile Application Yes, Upstox Pro
Mutual Funds Yes, Upstox MF
IPO Investment Yes, By submitting ASBA through Net banking
Currency Trading Yes
Commodity Trading Yes
Algo app Yes
Customer Support Yes

Upstox Demat Account Brokerage Charges

Upstox Charges ZERO brokerage fee for equity delivery trading. For equity intraday trades, Upstox brokerage charges are Rs. 20 per order or 0.01% (whichever is lower) for both buy and sell orders. You can also check the margin you have used while trading using Upstox Margin Calculator.

Upstox ChargesEquity DeliveryEquity IntradayEquity FuturesEquity Options
BrokerageZero brokerageRs. 20 per executed order or 0.05% (whichever is lower)Rs. 20 per executed order or 0.05% (whichever is lower)Flat Rs. 20 per executed order.

How to open Upstox Demat Account?

Upstox Demat Account Opening Process is very easy. Upstox provides the following two ways to open Demat Account

Upstox Account Opening – Online Process
Upstox Account Opening – Offline Process

Here is the step by step procedure for Upstox Demat Account Opening with all details.

Open Upstox Demat Account

Upstox Demat Account Opening Process – Online

Upstox Account Opening process – Online is fast and simple. Within 10 minutes, one can easily open a Upstox Account by following the easy steps given below.

To open the Upstox Demat and trading account, we need to upload a few documents online. I suggest you keep soft copies of all these documents ready. 

The documents required for Upstox account opening are

Pan card
Aadhar card linked with mobile number
Signature on a white paper with blue/ black ink
Personalized cancelled cheque or 6 months Bank statement. ( bank account number, MICR code or IFSC code should be clearly mentioned)

We need to keep a scanned copy of bank account statements which we want to attach to our Demat account.

For futures & options, commodity, we need to provide income proof which is 

6 months bank statements
Signed salary slip
Income-tax returns acknowledgement(ITR)
Form 16
Demat holding statement

After arranging all the documents, you can click here to register the mobile number and enter OTP received on your mobile number.

Then you need to enter your name as per pan and email id. If your mobile number and email id are already registered then you have to enter a mobile number and one-time password(OTP) received on your number

Continue the Upstox account opening process by uploading documents online. 

How much time does it take for Upstox Account Opening? 

If you have applied to Open Upstox Account & submitted your application through an online process then your account will be activated within 24 workings hours after successful verification.

Step by Step procedure to Open Upstox Demat Account Online

The Upstox Account Opening can be done within 10 minutes by following the simple steps shown below.

Step 1. Upstox Demat Account Signup

To open a Upstox Account, you need to click on the signup link and enter your Email Id & Mobile Number then click on SEND OTP. You need to submit the OTP received on your registered mobile number to sign up.  

Open Upstox Demat Account
Upstox signup

If you have already registered, you can click on sign in option to enter your mobile number and continue uploading documents. 

Step 2. Enter PAN details in Upstox Login

You need to enter PAN Card Number & Date Of Birth here and click on next to save and move for further step

Open Upstox Demat Account
Enter PAN Details

Step 3. Enter KYC details

Here, you need to fill required KYC details with Upstox such as Your mother’s name, Gender, Political affiliation, Marital Status & Trading Experience.

Open Upstox Demat Account
Enter Personal Details

Step 4. Choose Segment and brokerage

Select the segments and brokerage plan you are interested in. You can also apply the Upstox coupon code and deals if any available and click on next to go for further steps.

Open Upstox Demat Account
Choose Segment and Brokerage

Step 5. Enter Bank account details

In this step, Your bank account details should be entered and upload personalized cancelled cheque or 6 months bank statements as proof.

Open Upstox Demat Account
Enter Bank Details

Step 6. Upload Signature and income proof

Make a signature on a white paper with blue or black ink as per PAN card and upload it here. Uploading Income proof is mandatory if you wish to trade-in commodities.

Open Upstox Demat Account
Upload Signature & Income proof

Step 7. Enter Address proof

Fill your address as per the provided address proof and also upload a soft copy or photo of it. By click on next, you can go for the further step

Open Upstox Demat Account
Enter Address Proof

Step 8. Upload PAN and photo proof 

Upload a clear photo with a plain background and scanned or a photo copy of your PAN Card as proof.

Open Upstox Demat Account
Upload PAN & Photo

Step 9. Choose Brokerage Credit

You can select a brokerage credit scheme as per your preference by which you can reduce Brokerage Charges on the trade you have executed.

Open Upstox Demat Account
Choose Brokerage Credit

Step 10. Opt the E-sign process

Here you get two options to complete your account opening process. You can click on “E-sign with aadhar OTP” and if your aadhar id is not linked with mobile number, you can go with offline forms.

Open Upstox Demat Account
Opt E-sign Process

Step 11. E-sign with Aadhar

The Digio page will pop-up for E-Signing when you opt for Online Esign. You need to enter the OTP which is received on your mobile number.

Open Upstox Demat Account
E-sign with Aadhar
Open Upstox Demat Account
E-sign with Aadhar

You have to enter your aadhar card number and enter the OTP received on aadhar registered mobile number and E-Sign your Upstox account opening form through Aadhar

Open Upstox Demat Account
E-sign with Aadhar
Open Upstox Demat Account
E-sign with Aadhar

Step 12. Complete IPV

If your PAN card is not KRA verified, you need to do an IPV (in-person verification) by holding PAN card and aadhar and record a video to complete Upstox Account Opening Process

Open Upstox Demat Account
Complete IPV

Step 13: If aadhar is not linked with mobile

The offline forms will be couriered to your address. You have to make signatures and affix a passport size photo on it. Upstox will schedule a pickup of the signed forms 2 days after delivery.

Open Upstox Demat Account
Esign Process

You will receive Client ID & Password after inspecting your documents. Upstox account opening takes less than 24 working hours if completed online and it takes 7 days to get activated if couriered offline forms. Now you are all done with the Upstox account opening process-Online. You can know how to login Upstox Trading Platform for trading and investing.

Upstox Account Opening Process-Offline

To open Upstox account offline, you need to register in Upstox first by clicking here and complete account opening process by uploading documents till step 10 shown above. You need to click on “send me the courier” to get pre-filled forms.

Open Upstox Demat Account
Non-Esign Process

The pre-filled forms will be couriered to your address. You have to make signatures and affix a passport size photo on it. Upstox will schedule a pickup of the signed forms 2 days after delivery.

Open Upstox Demat Account
Non-Esign Process

For blank forms, you need to register in Upstox by clicking here and download equity and commodity forms by clicking here as shown in the photo below.

Open Upstox Demat Account
Upstox Offline Forms

You need to take a printout of it, fill the form and make a signature on it. You need to attach all the documents required to Open Upstox Account and courier it to Upstox head office address. You will receive IPV link to your email id, to complete IPV as shown in step 12. Your account will be opened within 7 business days of the day you have couriered the offline forms.

FAQs

Is Upstox account opening free?

The Upstox Account opening is free or if you pay Rs. 149, you will get brokerage credit worth 250 with 30 days

How do I open a Upstox account online?

You can open Upstox Demat Account by using the link provided here and follow the procedure provided above

How is Upstox for trading?

Upstox is the best discount broker and good for traders who look for low brokers, high margins, and decent trading platforms.

Is Upstox demat account Safe ?

Upstox is one of the largest stock market brokers in India. Upstox has over 10 lakh clients and has big investors like Ratan Tata and Kalari capital Invested in it . So yes its safe!

What are Upstox brokerage Charges?

Upstox provides Free Delivery trades ( zero brokerage) and for all other trades, charges 20rs flat in Normal pack and 30rs flat in priority pack. You can Open Upstox account to avail low brokerage charges

What is Upstox coupon code?

Upstox keeps launching new Promo offers and discount codes from time to time. They will be updated on our pages as they publish

CONTACT US TO OPEN DEMAT ACCOUNT