What is Upstox? How to earn money from Upstox?

If you have even a little interest in business, then you must have heard the name of your trading. What is this way in which you can earn up to lakhs of rupees by investing money in no time. Also, if you know about mutual funds, then you would know that mutual funds are a way through which you can also do long term money investment.

There are many online trading companies in the market today. Which gives Demat account to its customer for free. Friends Upstox is one such company among them. Where you can open your free demat account. After that you can also earn a lot of money from the share market.

What is Upstox app?

Upstox is a very well known investment platform in our country which currently has more than 3 million clients. The original goal of achieving this was to make financial investing easier, fairer and more affordable. Upstox offers investors and traders the ease of investing online in stocks, mutual funds, digital gold, derivatives and ETFs.

Let me tell you that there are many investments behind Upstox such as Tiger Global. Whereas Upstox has more than 30 lakh customers today, friends, today in this article I will tell you some such ways, with the help of which you can easily earn money from Upstox. So without delay let’s start and learn about these methods.

When did Upstox start?

Upstox is a financial services company established in 2006. It provides investment brokerage and advisory services to private and institutional clients. The headquarter of the company is located in Mumbai, Maharashtra. Upstox also has offices in Ahmedabad, Chennai, Delhi, Hyderabad and Kolkata.

The founder of Upstox is Mr. Jignesh Shah who is also the CEO of this company. Since its inception in 2006, it has become one of India’s leading financial service providers for all segments of retail investors. It has become the source of employment for more than 1000 people all over India at present.

The main feature of Upstox

Friends, everyone wants to know whether the company in which we are investing money is reliable. So for your information, let us tell you that Upstox is the highest rated app among all the online trading apps. More than 30,000 people have made positive comments about it. And this app has got 4.2 star rating. Also the most important thing is that Mr. Ratan Tata has invested in this app.

You can create a demat account for free. With this application you can easily invest your funds in mutual funds and trade. Here you can buy stocks at very low prices. On other platforms, you have to do a lot of paperwork for the stock market. But here you only need to upload the scanned documents. After that your account is opened within few hours.

Who is the owner of Upstox?

Upstox is a limited company owned by RKSV Securities Pvt Ltd. , Mr. Ravi Kumar and Raghu Kumar are the co-founders of Upstox. Together they founded the company in 2009. Now it is in the list of best trending company in India. Today millions of people have used it to create their online trend account and invest money in stock market. It is also very easy to use

How to earn money from Upstox?

1) Through Upstox Trading

As you know, Upstox is an exchange broker that helps you to buy and sell stocks. In such a situation, you can earn good money by buying shares at low prices and selling them at high prices. Tradings is the number one way to earn money from Upstox. Through this you can earn a lot of money, but first you should have an understanding of how trading is done. If you want, you can learn stock trading on YouTube or by reading a book.

2) Earn money through Upstox Referrals

There is another way to earn money from Upstox where you can earn money from referrals. This means that you will help Upstox to bring more people to its platform, in return for which Upstox will give you some money. But for this you need to have a verified Upstox account. Next we will know how to open a new Upstox account.

Once your Demat Account is verified and approved, after that you can earn money by referring

  • Click on My Account
  • Then select Refer & earn

By doing this a new window will open in front of you, where you can see your reference link. All you have to do is copy this link and share it with your friends. Together they have to say that they should open an account with Upstox

How to Open Demat & Trading Account

To open a trading or demat account, you need to have some basic documents and scan copies, after which you can easily open an account on your smartphone or computer.

  • Pan Card
  • Adhar Card
  • Scanned Signature
  • Bank Passbook

For uploading, you must have scanned copy of all documents and IFSC code and MICR code should be clearly visible on any bank passbook that you provide. If you have all these documents then you can open free demat account. Next we are going to tell you some steps, by following which you can open Demat account very easily.

Step 1: Friends, first of all download the Upstox app from the playstore

As soon as you open the application after downloading, you will see open free Demat account with India fastest growing broker along with a sign up box and option to enter email and mobile number.

Step 2: Friends, now you have to enter your PAN card number and date of birth correctly. After that you click on the Next button.

Step 3 : Friends, now you have to fill some important information related to your account.

Step 4: Friends, now you have to select your account type. After that you have to select basic in the Leverage plan option.

Step 5: Friends, now you have to enter your bank details. You will also have to upload the photo of your bank’s paasbook.

Step 6: After entering your bank details, you will have to upload your signature. For this, you can take a white paper and upload your signature on it.

Step 7: Friends, now you have to fill the necessary information related to your address, as well as you will also have to upload a clear image of your Aadhar card on both sides.

Step 8: Now you have to upload your PAN card and a photo.

Step 9 : Friends, after submitting all the documents ab you will see two options.

  • E-sign with Adhar card OTP
  • I will courier the form

if your Aadhar card is linked with your mobile number, then you select the first option, after that after some process your account will be opened. The second option is for those people whose mobile number is not linked with Aadhaar number. In such a situation, they will have to open their account with the help of courier.

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