Business
License
Upstox offers two main types of accounts to cater to the diverse needs of its users:
Upstox Basic Plan: This plan is designed for casual investors who are looking for a low-cost trading solution. It typically comes with minimal fees and provides access to essential trading features.
Upstox Priority Plan: This plan is aimed at more active traders and investors who require additional features and lower brokerage rates. It may include advanced trading tools and reduced transaction fees.
Opening a broker account with Upstox is a straightforward process that can be completed online in just a few steps:
Download the Upstox App: Start by downloading the Upstox app from the Play Store or App Store.
Provide Basic Information: Enter your email address and phone number to initiate the account opening process.
Receive OTP: Click on "Send OTP" to receive a one-time password (OTP) on your mobile number for verification.
Enter Personal Details: Fill in your PAN details, birth date, and Upstox UCC ID (if applicable).
Complete KYC: Submit necessary documents such as your Aadhaar card, PAN card, and bank details. Ensure that your Aadhaar is linked to your mobile number for OTP verification.
Upload Documents: Upload scanned copies of required documents, including your photo and income proof (optional).
Review and Submit: After completing all the required fields, review your details and submit the application.
Account Activation: Once your application is processed, which can take up to 48 hours, you will receive your account credentials, and you can start trading.
For more detailed information, visit the Upstox website: Upstox
Explore broker markets account types: forex/trading accounts with demo access.