Upstox Referral Code

Established in 2009, RKSV is a Mumbai, India based financial services provider that is registered with the SEBI. RKSV provides online stock trading, commodities trading, foreign exchange derivatives trading, mutual funds as well as demat accounts for its clients.

The RKSV Sec is a member of the NSE, BSE, MCX, NCDEX, NSDL, and CDSL, and is an internationally recognized company.
As a low-cost trading platform, Upstox offers low commission rates.

As part of the equity delivery (cash and carry) offering, the customer is able to trade for free. In this segment, there are no commissions charged to the customer.

Upstox charges flat brokerage charges of Rs 20 per trade for all other trading segments across exchanges. The Upstox Corporation has made a significant investment in technology over the years.

The Upstox trading platform and tools are some of the best in the industry. The Upstox Pro Web and Upstox MF products, as well as the Algo Lab, can all be found here.

In addition to the platform's compatibility with partner platforms such as Nest Desktop, AmiBroker, Dart Stock, and Fox Trader, the platform also offers its own features.

Read also:  Groww Referral Code, 5Paisa Referral Code, Bajaj Demat Account Referral Code, IIFL Referral Code

Note:- Just Install App from the Below Link

Click To Copy Upstox Referral Code

Click To Open Upstox Invite Link

NOTE : Invite link only applicable for Smartphones

Upstox Referral Code Video Tutorial

Upstox Referral Code UPI Earn Money:

Click To Copy Upstox Referral Code

Click To Open Upstox Invite Link

Read also: Angel Broking Referral Code, WazirX Referral Code, INDMoney Referral Code, Sharekhan Referral Code

Advantages and disadvantages of trading with Upstox

Advantages

• It is an ultra low-cost broker (Rs 20 per trade) who deals with F&O and delivery.
• There are no commissions for direct mutual funds.
• It is an excellent account management system (Mobile App) as well as a very good online trading platform.
• Orders can be placed in brackets and covers.
• Margins against shares can be arranged.

Disadvantages

• Brokerage-free stock market participation is not available.
• The town nearest you does not have a neighborhood office. Instead, it is an online brokerage firm.
• It does not have a dedicated relationship manager.
• They do not provide research services.
• They do not provide global trade contracts.
• The company does not provide trading accounts for NRIs.
• The company does not provide margin funding.
• The company charges an additional 20 rupees for trades and calls.
• In the case of intraday orders, the company charges an additional 20 rupees.
• It does not offer a trading plan that is unlimited on a monthly basis.
• There is no API available for analog traders.

Upstox demat account opening process

• Download the Upstox app from the Google Play Store
• Simply open the application and click Create an Account after downloading

• Your one-time password will be sent to your email and mobile number upon submitting your email address and mobile number

• As soon as you reach this screen, you will be prompted to enter your personal identification number (PAN) and date of birth

• We will then proceed to select your Gender, Marital status, Annual Income, occupation, and experience in stock market trading.

• The next step is to enter the name of your father as it appears on your PAN card. After that, you must click on "next"

• You need to select equity, forwards, currency, and then choose a basic plan of Rs.20 per trade once you have gone through all these steps.

What is refer and earn?

Refer and earn is a simple program in which you refer the application or a software to your friends and family via a unique link or referral code.

This way you also receive a reward for getting a friend. It can be either money, rewards, coupons, or entry to a platform.

Upstox refer and earn process

There is, in fact, a very good chance that you will earn some decent income if you have friends, or relatives, who will install Upstox with your referral link and referral code that you provide them.

One of the many advantages of Upstox Refer and Earn Program is that all the earnings will be credited right to your bank account.

Nevertheless, if you wish, you can also invest your money into buying a share of stock through the Upstox app, if that is what you wish to do.

As soon as your friend's account is successfully opened, you will receive credit for the amount you have referred. Please note that your referral link will be activated once your friend clicks on the link. By submitting the correct documents correctly, a person is able to open a Upstox account. It is all set for them once they have completed all the steps for opening an Upstox account, which includes both a Demat account and a Trading account with Upstox.

• To begin with, you will need to download the Upstox app from the App Store.
• Once you have done so, you will be able to open an account with the service.
• Go to your profile by tapping the icon.
• Choose the option "Refer a Friend" to earn a commission.
• Simply send the Upstox referral link to your friends via WhatsApp or SMS to earn a commission.
• You will receive Rs.100 per successful completion of their profile once they have completed it.
• You will receive an additional Rs. 300 in your account if they invest money in your business.

Refer and earn scheme

If you sign up via your friend's invitation or referral code, you'll receive a benefit or privilege. When you join Upstox through a referral code or link, you'll also receive some benefits and discounts.

• You can use the credit for up to 30 days, up to Rs.500.
• Demat, Trading, and Savings accounts with zero balances.
• No commission on equity delivery trades.

What a great opportunity! It's truly a pleasure to sign up for Upstox with these offers and if these offers interest you, consider using our referral code to do so.

What benefits does the referred person get?

Additionally, your friend will also be able to earn rewards by referring you and earning Upstox. These rewards include:

• Referring a friend to Upstox provides a friend with a free demat account as well as a free trading account.
• Additionally, the referee receives cash back of ₹1000. In this way, the referee can make 30 days of trades at Rs. 0 price. 
• Investments in mutual funds and IPOs are another advantage of brokerage-free investing.

Read also: Alice Blue Referral Code, Fisdom Referral Code, Edelweiss Referral Code, Jiffy Referral Code

Upstox refer and earn terms and conditions

The Upstox refer and earn program offers a lot of benefits to all participants, but you must bear in mind certain terms and conditions in order to be eligible for these benefits.

Let us look at what you need to know about those terms and conditions.

• In order for the referral bonus to be credited, the referee has to start the account opening process before the referral amount will be credited.
  
  
• When the referee's account is opened by the referral, the reward points will be credited to the referee's account.
  
  
• Referrals from family members or blood relatives will not be counted, as the referrer is your relative.
  
  
• There is no manner in which you can advertise the scheme in any manner, whether it is audio, video, textual, or any other.
  
  
• In the event that you do not follow the guidelines correctly, Upstox has a right to deny the referral.
  
  
• Referrals are not allowed to offer any benefits beyond those that are already being provided by Upstox.
  
  
• There is no right of the referrer to distribute bulk invitations or to advertise in any way whatsoever. 

In order for the referrer and referee to benefit from the Upstox refer and earn program, both of them must agree to abide by the given terms and conditions.

Referral amount withdrawal process

Users of the old app:

• You can open Upstox online or in the Upstox app.
• Go to 'Refer and Earn' and log in.
• Once you are logged in, select 'Your Earnings and Referrals'.
• From here, you can see how you have earned from referrals.
• After selecting 'Take Out', you must enter the amount, followed by clicking on the Confirm button after making your selection.
• Your money will appear in your Bank account within 3 days of your selection.

Users of the new app:

• Sign in to the Upstox app via the new Upstox app.
• Scroll down and select Rewards.
• Enter the amount of the withdrawal, and click Submit.

How long will it take for the withdrawal to get credited to the account?

It takes only 2-3 days for the withdrawal to be completed and the amount to be credited to your account.

Is Upstox refer and earn scheme safe?

Upstox refer and earn is now the final question: Is it safe? The answer is yes, earning money through Upstox refer and earn is a highly safe process.

In order to make sure you follow the regulations and rules of the contest, you have to keep a few things in mind. You have to follow certain rules and regulations before you will be able to make a significant amount of money.

Once the account opening process has been completed, the amount credited will only be available to you for use once the account has opened.

Frequently Asked Questions

Q1 Who is the owner of Upstox

A1. Currently owned by Ravi Kumar, Co-founder and CEO of Upstox, Kavitha Subramanian, Co-Founder of Upstox, and Shrini Viswanath, Co-Founder of Upstox, the company is led by a trio of CEOs.

Q2 What is the upstox account opening charges?

A2. With Upstox, you can trade at BSE, NSE, and MCX at the same flat rate brokerage. You can open an account for Rs 249 per month. You do not have to pay an annual maintenance fee.

Q3 Is there any limit of upstox referral?

A3. You will only be able to use your referral link for 7 days. As a result of this, your referral needs to open an account with Upstox within 7 days of signing up for our service in order for you to qualify for a reward.

Q4 What other platforms are available for refer and earn?

A4. There are many apps such as Paytm Money, 5Paisa, Phonepe, Google Pay etc. for refer and earn programs.

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