- What is Upstox?
- Upstox Referral Program
- Upstox Referal Benefits:
- Earn Rs.5000 Daily
- Requirements to open Upstox Account
- How to open Upstox account?
- Steps to Open Upstox account online:
- Quick link to Open Demat Account with Upstox
- Upstox Referral Withdrawal
- Is Upstox SEBI registered?
- Is Upstox is safe?
- Open Demat Account with Upstox
- Final Thoughts
What is Upstox?
Upstox is a popular trading platform offered by RKSV securities that helps you trade in the Indian stock market. Upstox is one of India’s fastest-growing discount brokers with over 2 million customers. It is good for traders who look for high margins with low brokerages. It offers a single platform for stocks, ETFs, IPOs, MFs, gold, and more.
Upstox is a mobile and website-based platform that helps you trade in the Indian stock market. It offers analysis, charting, and many other relevant trading features. It offers trading on all the stock exchanges.
Upstox Referral Program
Upstox refers and earn program is one of the best referral programs to earn lots of money. It offers unlimited online earning opportunities from the comfort of your home or office.
All you have to do is open a Demat account on Upstox. To open your Demat account, you need to pay Rs.199 + GST.
Once it’s activated, you can refer anyone to open a Upstox account. And you will get rewarded Rs.500 for every successful referral.
Your referral will get the following:
1. A Demat + Trading account by paying Rs.199 + GST.
2. Zero brokerage stock investing – on equity delivery orders.
3. A single platform for stocks, ETFs, IPOs, MFs, Gold, and more.
Upstox Referal Benefits:
Here is what you get for opening an account | Upstox referral benefits
- Demate + Trading account
- A free Gold Etf
- ₹1000 brokerage credit valid for 7 days#
- Zero Brokerage* on Stocks, Digital Gold, IPO, Mutual funds & NFO’s
- ₹20* per order for Intraday & F&O
Earn Rs.5000 Daily
You can earn unlimited money by referring your friends and circles. To date, there is no cap for referring the number of people. You can refer an unlimited number of people to open a Upstox account. Therefore, you can earn unlimited by inviting your friends and circles.
The current Upstox referral amount is Rs.500 for every successful referral. For example, when you share your Upstox referral link and 10 people open their Demat accounts, you will get Rs.5000. This way you can earn Rs.5000 daily.
If only 5 people open their Demat account then also you will get Rs.2500. Moreover, Upstox referral amount withdrawal directly to your Bank Account.
Note this Upstox referral offer is valid for a limited time.
Many people are easily earning a lot of many every month by inviting others to the Upstox refer and earn program. So try this refer and earn, this is very simple. Just open your Demat account and refer to your friends.
Upstox referral offer is valid for a limited time.
Click here to Open Demat Account with Upstox & Earn Money Online by Referring to your friends and circle
Requirements to open Upstox Account
1. PAN card number
2. Bank Account Details
3. Aadhaar number
4. Aadhaar linked mobile number
How to open Upstox account?
Follow the step-by-step guide for a completely paperless and quick account opening process.
1. Visit the account opening page by clicking here.
2. Sign up by entering your mobile number and email address.
3. Next, enter your PAN number and date of birth.
4. Here, you need to enter personal information and bank details.
5. Next, enter your signature on the screen.
6. Click on the “Connect your Digilocker with Upstox” tab. If your Aadhaar is linked with your mobile number then there is no need to upload your KYC documents.
7. Enter your Aadhaar number. You will receive an OPT on your registered mobile number.
8. Enter the OTP in the space provided.
9. Click on the “Allow” tab.
10. Here, you need to allow to capture a live photo.
11. Enter the OTP which you received in your email.
12. Click on the “eSign with Aadhaat OTP” tab. Enter the received OTP.
13. Next click on the “Sign Now” tab. You will get an OTP.
14. Enter the OTP and click on the “Submit” tab.
15. Upstox Account opening team will activate your account at the earliest.
16. Happy Investing! Start trading, saving, investing, and earning with Upstox!
Steps to Open Upstox account online:
Quick link to Open Demat Account with Upstox
Why choose Upstox?
1. Free equity delivery trades for life.
2. Low brokerage charges (Rs.20/- order) on intraday.
3. You can invest in direct mutual funds plans that charge 0% commissions.
4. Buy and sell digital gold with 99.9% purity. It is fully insured and securely stored at no extra cost to you.
5. Smart transfer feature to earn interest on idle trading account funds.
Upstox Referral Withdrawal
You can withdraw the Upstox referral amount directly to your bank account. Just go to your account and click on the “Referrals” tab at the bottom of the page. Here you can see your Upstox referral earnings. Here, you can see the withdrawable amount as shown in the image below.
Place your withdrawal request. And you will get referral money directly in your bank account. This is “how to withdraw referral money from Upstox?”
Is Upstox SEBI registered?
Yes, Uptstox (RKSV) is registered with the SEBI (Securities & Exchange Board of India) as a stockbroker. It also a member of NSE, BSE, and MCX exchanges.
Is Upstox is safe?
Yes, Upstox is a reliable and reputed discount broker in India. Upstox (earlier known as RKSV Securities) is a registered member of SEBI, BSE, NSE, CDSL, and MCX. It is funded by Tiger Global and Ratan N Tata which makes it a safe and trustworthy online broker for your investment.
|Upstox Charges||Equity Delivery||Equity Intraday||Equity Futures||Equity Options|
|Brokerage||Zero brokerage||Rs. 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.|
|STT/CTT||0.1% on both buy & sell.||0.025% only on sell.||0.01% on sell.||0.05% on sell side (premium).|
|Transaction Charges||NSE: 0.00345% per trade on buy & sell.BSE: charges vary as per the scrip group||NSE: 0.00345% per trade on buy & sell.BSE: charges vary as per the scrip group||NSE:Exchange turnover charge: 0.0020%Clearing charge: 0.0002%||NSE:Exchange turnover charge: 0.053%Clearing charge: 0.005%|
|Demat transaction charges||Rs. 18.5 per scrip per day only on sell.||No charges||No charges||No charges|
|GST||18% (on brokerage + transaction + demat charges)||18% (on brokerage + transaction charges)||18% (on brokerage + transaction & clearing charges)||18% (on brokerage + transaction & clearing charges)|
|SEBI Charges||Rs. 5/Cr||Rs. 5/Cr||Rs. 5/Cr||Rs. 5/Cr|
|Stamp Duty||0.015% or ₹1500 / crore on buy-side||0.003% or ₹300 / crore on buy side||0.002% or ₹200 / crore on buy side||0.003% or ₹300 / crore on buy side|
|Upstox Charges||Commodity Futures||Commodity Options|
|Brokerage||₹20 per executed order or 0.05% (whichever is lower).||Flat ₹20 per executed order.|
|STT/CTT||0.01% on sell trade (Non-Agri)||0.05% on sell trade|
|Transaction Charges||Non-Agri:Exchange turnover charge: 0.0026%Clearing charge: 0.0005%||Exchange turnover charge: 0Clearing charge: 0.002% on buy + sell [₹200/crore]|
|GST||18% ( on brokerage+transaction charges)||18% (on brokerage+transaction charges)|
Frequently Asked Questions
1. Upstox refer and earn is safe or not?
Upstox (RKSV) is a reliable and reputed discount broker in India. So, its refer and earn program is also safe.
2. How to earn money from Upstox referral program?
Open a Demat account on Upstox and start sharing your referral link with your friends and circles. And you will get rewarded Rs.500 for every successful referral.
3. How to refer a friend in Upstox?
Just share your referral link with your friend to refer him/her to open a Upstox account.
4. How much can we earn from Upstox refer and earn program?
There is no limit for referral earning with Upstox. You can refer an unlimited number of people to Upstox. And you can earn unlimited by sharing your link with your friends and circles.
5. How to withdraw Upstox referral money?
Go to your account and click on the “Referrals” tab at the bottom. Here you can see the withdrawable amount. Place withdrawal request to get the money in your bank account. This is how to withdraw money from Upstox referral amount.
Open Demat Account with Upstox
I hope now you know “How Upstox referral program work?” And also “How much Upstox referral amount you can earn by referring your friends. So if you love Upstox. Your friends will too. Therefore, refer your friend to open a Demat account with Upstox and earn Rs.1000 for every successful referral.
Note: This post was originally published on June 24, 2021 and has been completely updated for accuracy and comprehensiveness.