Upstox Trading

Stepping into the trade and willing to know about Upstox Trading and wondering is Upstox safe?

Well! Then you are in the right place. Here is complete and detailed information on Upstox Trading, Upstox DP Charges, account opening, login and lots more. 

Dive in to grab the full detail.

Trading is basically associated with buying and selling stocks, commodities, currencies, bonds, etc.

Upstox, one of the best discount brokers in India, allows trading with different segments namely- equities, commodities, currency, futures, and options. These can be availed of on the Pro web as well as Pro mobile.

All you need is to complete the process of Upstox sign up to start trading using its advanced trading app.

Let’s dig deeper to learn more.

Upstox Trading Platform

The Upstox trading platform not only offers trading opportunities but also allows analyzing and charting. 

It offers three trading platforms discussed as follow:

Upstox Pro Web: A web browser-based trading platform that makes trading hassle-free. Having an HTML-based version and supports almost every web browser like Google Chrome, Mozilla Firefox, Safari, etc.

It is designed to initiate quick buying and selling of stocks effortlessly.

Now it is upgraded to Upstox Pro 3.0 web trading platform to offer more advanced features and a better user-experience.

Upstox Pro Mobile: A mobile trading app having different features and display NIFTY indices as per the current market status, helps you to choose the stock to buy and sell, allow to set up an unlimited number of Market Watch lists and lot more.

NEST Trading Terminal: This software is used for multiple segments including Equity, Commodity, or Currency.

Upstox NEST is helpful to add multiple market watch lists, have technical indicators that automate signals from the trading platforms, allow third-party integration, etc.

With its rich trading features, the Upstox trading platforms make order placement easier including the placement of order complexity in Upstox. 

As mentioned before, you can trade and analyze stocks through the web platform (Upstox Web), the mobile platform (Pro Mobile) as well as through Upstox back office or Upstox Keystone. 

All trading platforms are built in-house by RKSV securities and are known for providing a hustle-free trading experience. This is because orders can be placed through both mobile and web browsers as per the client’s convenience.

The trading platform is based on the OMS (Order Management System) and RMS (Risk Management System) of Omnisys NEST.

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Upstox Trading Account

With the digitization of trade, one who is interested in trading has to open a Demat account and a trading account. This helps you to trade online.

Also, the trading account eliminates the need of broker officials who use to trade for you, thus saving your money and making transactions faster.

Upstox Trading Account is used to hold the financial securities in the form of bonds and shares. Also, Upstox is one of the leading discount brokers and provides access to the best trading opportunities at unbeatable prices.

Upstox Trading Account Opening

Upstox generally provides the 2 in 1 account thus offering Demat and trading account services. But with its latest collaboration with the Indusind bank, Upstox 3 in 1 account is being provided to the customer.

This new account will offer Trading, Demat and Banking services in one bundle. To open the account, the customer needs to submit important documents.

To open the account, the individual or group has to provide proof and financial documents.

Here are the documents to submit to open your Upstox demat and trading account:

• PAN Card
• Aadhaar Card
• Voter ID Card
• Driving License
• Bank Statement
• Passport Size Photograph

Opening the Upstox Trading account is simple. To get started, all you have to do is to enter your name and other details.

After entering basic details (name, address, mobile number, email address) follow the steps described below.

• Enter the Aadhaar Card and PAN number.
• The OTP is sent to your registered mobile number to validate the information.
• Attach the scanned copies of the documents and click on the submit button.

Thus, Upstox offers the complete paperless process to open the Trading Account.

Post this sign the Upstox POA to experience the hassle-free online trading.

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If you wish to open a Demat Account, 

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Upstox Trading Account Types

The firm offers 2 types of trading accounts:

• Upstox Basic Plan

Under this plan, the brokerage is absolutely free for equity deliveries while equity F&O, commodity, and currency cost flat ₹20 per trade.

Clients can access the basic trading features through mobile and website and this plan offers up to 20x leverage on the Cash segment.

To get a better transparency of the brokerage and other fees, refer to Upstox Brokerage Calculator. This helps you to calculate brokerage in Upstox and also gives you the complete idea of profit that you can make in the trade.

• Upstox Priority Pack

Under this pack, there’s a “zero” brokerage on equity delivery. You only have to pay ₹30 per trade for these segments – equity F&O, commodity, and currency. 

Cash leverage of up to 25x times can be availed of in this pack.

This pack also offers some advanced features such as – searching, analyzing, and monitoring stocks.

Besides, advance charting and technical analysis can be done on Upstox Pro as this pack offers a wide range of chart types, indicators, and data-rich user interface.

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Upstox Trading Charges

Is Upstox Free?

Are you thinking the same?

Well! being a discount broker Upstox is known for offering brokerage services at a low price. Offering trading services under different segments like equities, commodities, currency, futures, options it brings many opportunities at unbeatable prices.

The trading platform of the Upstox help customer in trading, analysis, charting and many other activities. The platform makes it possible for customers to place orders through mobile phones and web browsers.

Upstox offers trading account for free but considering Upstox brokerage, it charges a flat ₹20 to trade across segments.

Moreover, the Upstox trading account can be opened for free. Also, Upstox does not charge any brokerage on the equity delivery trades.  

On the other hand, opening a Upstox Free Demat Account involves no opening cost, but has other charges i.e., an annual maintenance fee of ₹150 plus extra ₹100 for the processing of account opening forms.

If you open a Demat account with Upstox, your Trading account will automatically be opened by the firm.

Upstox trading in equity F&O, equity intraday, commodity, and currency derivatives can be done through Upstox Pro which is a paid service for Upstox clients.

Grab the details of the Upstox Brokerage Charges and open the account by paying the minimum fees.

 

Here unlike other discount brokers, Upstox equity delivery charges are 2.5% or ₹20 whichever is lower. Other than this, the brokerage for rest of the segment are almost similar to other discount brokers in the industry.

Upstox Brokerage Calculator

Here apart from the brokerage charges, there are few trading taxes and other fees associated with trading using the Upstox app. These charges includes STT charges, GST, and stamp duty which increases the overall cost and reduces the profit percentage of trade.

To get an idea of the commission that you have to pay to execute a trade in any of the trading segment you can use brokerage calculator in Upstox that helps you in determing the total fees and other taxes.

 

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Upstox Trading Login

Opening the trading cum Upstox Demat account gives you the access to login to different trading platforms of Upstox discussed above.

• To login to any of the software, you have to pass through the two-factor authentication.
• Provide your username, password, and birth year.
• The username and password will be sent to your registered email.
• You can change the password and reset it as per your convenience.

By logging in to the Upstox account you would be able to keep track of trade and can buy, sell shares without any hassle.

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Upstox Trading Time

The trading hours for NSE, BSE, and NSE F&O are between 9:15 AM to 3:30 PM. The same for NSE Currency Derivatives is between 9:00 AM to 5:00 PM.

In case of intraday, the Upstox Square off time is 3:15 PM.

You can start trading at the beginning of the day and can sell of your shares before the market closes.

For MCX, trading hours are as follows:

Between 10:00 AM to 11:30 PM from April – October. 

Between 10:00 AM to 11:55 PM from November – March. 

The market timings are between 10:00 AM to 2:00 PM on Saturdays.

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How Is Upstox For Trading?

Upstox trading experience can be considered pretty smooth on the grounds of customer reviews and ratings.

Some of the best things about Upstox trading are – separate main menu list sections that allow easy and quick transitions, provision of swiping right or left for placing orders – Right for “buy” and left for “sell”.

Speed is a key factor for efficient trading and Upstox provides it. Further, you can create watch-lists for buying and selling. 

If you a person who relies on apps to research and analyze trades, Upstox is your go-to broker. This is because the firm provides all forms of charts (including candlesticks charts) so that you can analyze properly before trading.

Above all, Upstox is SEBI registered that makes it a reliable and trustworthy broker with whom you can plan your investment.

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In case, you are looking for more details, then feel free to contact us.

 

 

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