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Upstox 3in1 Trading and Demat Account

Upstox 3in1 Trading and Demat Account

Upstox, the popular stockbroker is amongst the top five Share Brokers in India having an Active customer base of more than 5 lacs. Upstox is one of the most reliable discount brokers in the non-banking finance industry who is offering brokerage services at extremely competitive brokerage rates. Upstox is backed by renowned personalities Mr.Ratan Tata, GVK, Kalaari Capital. Established in 2009 is managed by young entrepreneurs Mr. Ravi Kumar and Mr.ShrinivasViswanath.

Upstox has recently started offering 3-in-1 account services in collaboration with IndusInd Bank. The Upstox 3-in-1 account which comprises of Upstox trading, Demat account, and your bank account with INDUSIND Bank. Upstox provides a simple and efficient way to invest in the stock market and other financial instruments via convenient–interlinked Demat, Savings, and Broking account, here Instead of transferring monies to a broker's pool or towards deposits, you can manage your own Demat and bank accounts when you trade through Upstox. This account comes with an exclusive feature called Smart Transfer. It’s a clever way to trade without the need to transfer money from your savings account to trading account. Additionally, it also helps you earn interest while trading
Upstox brokerage charges for Equity delivery trades is "Zero" , they do not charge brokerage on Delivery Trade, Flat Rs.20 or 0.05% of the turnover which ever is lower for Intraday trade, Equity Futures,Equity Options , Currency & Commodity Trade.
Why IndusStox 3-in-1 account?
  •  Trade without the hassle of transferring funds to your trading account
  •  No minimum balance required for your IndusStox 3-in-1 account.
  •  Start earning interest while you trade!
  •  Free call & Trade facility for first 10 calls per month.
  •  Personalised account number.
  • You will get Titanium Debit Card for your bank account with Indusind Bank

Upstox 3-in-1 account Advantage & Disadvantage

Positives
  •  Free Call & Trade Facility
  •  Customizable bank account number.
  •  Zero-balance bank account
  •  Free delivery trading
  •  Rs.20 per intraday trade
  •  Helps you earn interest while trading.
  •  Smart Transfer facility:Trade without the need to transfer money from your savings account to trading account.
Needs Improvement
  •  Does not provide personalized tips & recommendation
  •  Upstox doesn't offer unlimited monthly trading plans
  •  Doesn't offer research based services.

Upstox Demat & Trading Account Opening

To successfully trade in the stock markets with Upstox, you need a Demat and a trading account, You will then have to link your savings bank account with these two accounts to seamlessly transfer funds.

Online demat account opening process with Upstox

You can open a Demat account using your Aadhaar Card and filling out the online Demat account opening form. Ensure that you keep your required documents handy while completing the account opening process online.

Offline / Non-paperless demat account opening process with Upstox

If your Aadhaar Card is not linked to your phone number, then you'll have to fill out the paper Demat account opening form in order to open an account. Just print, fill out, sign, and send us the paper forms via courier to our office address. Ensure that you attach the cheques for the accounts that you wish to open.

  • Fill up the form, paper or paperless & submit for verification.
  • All your details are scanned and verified for opening your account.
  • Once verified, you receive a unique ID & voila, you are ready to trade.

You need below documents to open Upstox Trading & Demat account.

  • Photos
  • PAN Card
  • Aadhaar Card
  • Canceled Cheque
  • Latest Bank Statement with IFSC/MICR code.

Upstox Trading & Demat Account opening charges:

Type Account Opening Charges (One Time) AMC(Yearly)
Trading Account Rs. 150+ (GST at 18%) Nil
Demat Account Rs. 150+ (GST at 18%) Rs. 150+ (GST at 18%)

Upstox 3-in-1 Account Brokerage Charges

Upstox has recently introduced new brokerage Plan Called Priority Plan , where you can get Upto 25x leverage on Cash segment by paying Rs. 30 Per trade or 0.10% which ever is lower.
Charges Basic Plan Priority Plan
Upstox brokerage for Equity Delivery NIL NIL
Upstox brokerage for Intraday 0.05% or Rs.20/Trade whichever is lower 0.10% or Rs.30/Trade whichever is lower
Upstox brokerage for Equity Futures 0.05% or Rs.20/Trade whichever is lower 0.10% or Rs.30/Trade whichever is lower
Upstox brokerage for Equity Options Rs.20/Trade Rs.30/Trade
Upstox brokerage for Currency Futures 0.05% or Rs.20/Trade whichever is lower 0.10% or Rs.30/Trade whichever is lower
Upstox brokerage for Currency Options Rs.20/Trade Rs.30/Trade
Upstox brokerage for Commodity Trade 0.05% or Rs.20/Trade whichever is lower 0.10% or Rs.30/Trade whichever is lower

Upstox Pre-paid Brokerage Plan

Upstox has recently introduced new Prepaid Plans, Standard, Advanced & Premium Plans in which you get brokerage credit for a validity period of 30,45 & 60Days. This offer is valid for new users only. Pre-paid brokerage plan subscription charges are towards account opening charges selected during a/c opening. You must pay upfront for your chosen brokerage plan, during the a/c opening process. You will receive the entire brokerage credit amount on the successful opening of your account.

Particulars Standard Advanced Premium
Subscription Charges Rs.249 Rs.499 Rs.999
Brokerage Credit Rs.400 Rs.1000 Rs.2500
Validity Days 30 Days 45 Days 60 Days

Upstox Customer Care: Upstox Customer Desk contact number

  • Upstox Customer Care Number:+91 022-4179-2999 | 022-6130-9999 | 022-7130-9999(Non Toll Free)
  • Upstox Customer Care Email ID : [email protected]

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