Open Free Tata Backed Upstox Trading Account

Upstox is a ratan tata backed popular online trading platform in India that allows users to trade in stocks, commodities, futures, options, and currencies on various exchanges including the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

An Upstox online trading account provides users with a platform to perform trading activities from anywhere using app.

Here are the requirements to open Free trading account and also earn Welcome goodies.

1. Minimum Age 18 years
2. Valid PAN Card and Aadhaar Card
3. Use a Mobile Number Linked to your Aadhaar Card ( Otherwise, Verification will fail)

Click here to fill out the Form to Start Opening Free Trading Account

Opening a Free Trading Upstox Account

Now, let’s walk through the steps to open a free trading Upstox account online in India:

Step 1: Visit the Upstox Website

To begin the process, visit the Upstox website at www.upstox.com.

Step 2: Start Account Opening

Click on the “Open Account” or “Sign Up” button on the website’s homepage to initiate the account opening process.

Step 3: Fill in Personal Details

You will be directed to a page where you need to provide your personal information, including your name, email address, mobile number, and PAN (Permanent Account Number) card details. Ensure that you enter accurate and up-to-date information.

Step 4: Verify Your Mobile Number

Once you’ve entered your mobile number, you will receive an OTP (One-Time Password) on your registered mobile number. Enter this OTP on the website to verify your mobile number.

Step 5: Choose Your Account Type

Select the type of account you wish to open. Upstox offers various account types, including Equity, Commodity, and Currency trading accounts. Choose the ones that suit your trading needs.

Step 6: Upload Required Documents

You will be asked to upload scanned copies of the following documents:

• Pan Card
• Aadhar Card
• Selfie for Photo
• Signature Image or e-Sign

Ensure that the documents are clear and legible for a smooth verification process.

Step 7: Complete In-Person Verification (IPV)

After uploading the documents, you will need to complete an IPV through a Selfi.

Step 8: E-sign and Pay Charges is FREE

Once the verification process is completed successfully, you will receive a link to e-sign the application. You will not need to pay the account opening charges, which are FREE.

Step 9: Account Activation

After completing the e-sign process and payment, your Upstox account will be activated, and you will receive your login credentials via email and SMS.

There are several reasons why you may choose Upstox for trading:

1. Low Brokerage: Upstox is known for its competitive brokerage rates, which can be lower compared to traditional brokerage firms. This can be attractive for traders who want to minimize their trading costs.
2. User-Friendly Platform: Upstox offers a user-friendly and intuitive trading platform. The platform is designed to be easy to navigate, making it suitable for both beginners and experienced traders.
3. Mobile App: The Upstox mobile app is highly rated and provides a convenient way for users to trade on the go. It offers a range of features similar to the desktop platform, allowing users to manage their investments from their smartphones.
4. Research and Analysis Tools: Upstox provides various research and analysis tools to help users make informed trading decisions. This includes technical analysis tools, live market updates, and recommendations.
5. Range of Products: Upstox allows users to trade in a variety of financial instruments including equities, derivatives (futures & options), commodities, and currencies. This provides flexibility for traders with diverse investment preferences.
6. Customer Support: Upstox offers customer support through various channels including phone, email, and chat support. This can be helpful for users who may have questions or need assistance with their accounts.
7. Security: Upstox takes security seriously and employs measures to ensure the safety of users’ funds and information. This includes two-factor authentication (2FA) and encryption protocols to protect transactions and data.
8. Innovative Features: Upstox continually updates its platform with new features and tools to enhance the trading experience. This includes advanced order types like Bracket Orders and Cover Orders, which can help users manage their risk effectively.
9. Educational Resources: Upstox provides educational resources such as webinars, tutorials, and articles to help users learn more about trading and investing. This can be beneficial for those looking to improve their knowledge and skills.
10. Integration with Third-Party Platforms: Upstox also offers integration with third-party platforms like AmiBroker, AlgoBulls, and more, allowing for advanced trading strategies and automation.