Upstox What is and How to make money Part 1
Upstox – Today the number of people investing in stock market is increasing rapidly and most people want to invest money in stock market but when it comes to opening demat account they don’t understand.
That’s why most people stay away from stock market and for those who fail in stock market, the main reason for their failure is that they don’t have knowledge about stock market, but if you want to invest in stock market too, then go for it.
With which you can not only buy and sell shares in the stock market but also use it to make mutual funds and trade and Upstox is downloaded and used by more than 10 million people from Google Play Store which is downloaded and used by more than 10 million people from Google Play store. The store also has an excellent rating.
So today we will give you all the information you want to know about Upstox like what is Upstox and how to download Upstox, what are its features, how to create an account in it and what are its benefits.
Upstox is becoming such a popular company that today Ratan Tata who is a very big businessman in the country has also invested in Upstox and it is a completely safe and reliable trading platform.
This company provides you trading facility like discount broker, stocks, commodities, besides also provides trading services for NSE, BSE and MCX at low prices, you can easily start trading by creating an online account.
With the help of Upstox you can easily open a demat account sitting at home and start your investment journey Upstox is a commercial company, this company is considered as one of the best brokerages in India.
You must have seen the advertisement of Upstox on YouTube and TV channels with the help of which you can easily invest in mutual funds and mutual funds because you need a demat account to invest in mutual funds and mutual funds.
What is Upstox Pro
This Upstox Pro is Upstox’s Web Trading Platform and we can access it from browser, it is made for desktop version of Upstox Pro in which user can do online trading through Direct Web Portal without installing any software.
It can be accessed from the Upstox Pro web portal, but in this we see many trading charts that do not seem easy, users have many problems to understand them, but it is very reliable through the trading platform.
In this one, when ordering, a pop-up window will appear to show the order window, which confuses people a bit, and we also see the use of hotkeys so that we are ready to place the order quickly.
We can also see the mobile version of Upstox Pro which users can easily use, some great features are seen in this mobile app.
Live telecast of prices from NSE F&O, NSE Cash, BSE Cash, NSE Mudra and BSE Currency
Line charts, candlestick data with chat indicator for users to easily understand and act on immediately
You can easily deposit cash to more than 40 bank accounts in the app
How to download Upstox
It is very easy to download Upstox, you can easily download it from Google Play Store, now click on the download button given below and download it from Google Play Store.
After that you will be taken to the Google Store and from there you can simply click on the download button to download and continue the investment process by creating your demat account.
How to Create a Demate Account on Upstox
To invest in stock market you need to create a demat account and all the platforms that open demat accounts in the market charge you a lot of money but on Upstox you can open your demat account with very little money but completely free.
If you want to create a free demat account with Upstox you need to have some necessary documents, only then you can open your demat account in it, required documents are listed below.
1. PAN card
2. Aadhar Card
4. Bank account
Open a Demat account on Upstox
Step 1 : First you need to download Upstox app for which you need to download this app from play store after clicking download button given below.
Step 2 : Now in the field that appears in front of you, you have to enter the phone number and email address and click on send OTP to get the OTP.
Step 3 : Then in this step you have to enter PAN number and date of birth and click next.
Step 4 : In the next step, you have to click to answer some questions, for example, what is your gender? state? What is your annual income? What is your traditional experience? Are you politically exposed? What is your occupation etc.
Step 5 : next step you will be asked if you are NRI than click on Yes otherwise No.
Step 6 : In the next step, you have to click on any of these options to select Equity, Fo, Commodity, Priority or Basic plan.
Step 7 : Now you need to enter your bank details here. Your bank account should be nationalized.
Step 8 : Then you need to upload receipt receipt (optional) and signature in JPG format here.
Step 9 : After that Upstox will be active your account within 24 to 48 hours.