Upstox Coupons & Offers

About Upstox

Upstox is a popular Indian financial services platform that provides online trading and investment services. Founded in 2009, Upstox allows users to trade in stocks, commodities, currencies, mutual funds, and ETFs (exchange-traded funds) through its user-friendly mobile and web platforms. Known for its low brokerage fees and innovative technology, Upstox has quickly gained traction among both new and experienced investors in India.

Key Features of Upstox:

1. Low-Cost Trading: Upstox offers competitive pricing with zero brokerage on equity delivery trades and flat fees on intraday and F&O (Futures and Options) trading. This low-cost structure makes it appealing to cost-conscious investors.

2. User-Friendly Platform: The Upstox app and web platform are designed with simplicity in mind, offering features like live market updates, advanced charting tools, and real-time data for quick decision-making.

3. Range of Investment Options: Upstox provides a broad spectrum of investment products, including equities, commodities, currencies, mutual funds, and digital gold, allowing users to diversify their portfolios.

4. Advanced Trading Tools: For active traders, Upstox offers advanced features like technical indicators, customizable charting, and price alerts. These tools help investors track market trends and execute trades effectively.

5. Free Demat and Trading Accounts: Upstox often offers promotions where users can open Demat and trading accounts for free or at a minimal fee, lowering the entry barrier for new investors.

6. Regulatory Compliance: Upstox is a registered member of SEBI, NSE, BSE, and MCX, ensuring that it adheres to regulatory standards for security and transparency.

7. Investment in Mutual Funds: The Upstox platform also allows users to invest in mutual funds with zero commission. Investors can choose from a wide range of funds based on their risk profile and financial goals.

8. Learning Resources: Upstox provides educational resources, including webinars, tutorials, and blogs, to help users understand the market and improve their trading skills.

Top selling categories

1. Equity Trading: Upstox’s equity trading services are among the most popular, offering options for intraday trading, delivery trading, and futures and options (F&O) trading in stocks. Equity trading is especially popular due to its low-cost structure.

2. Mutual Funds: Upstox allows investors to invest in a wide range of mutual funds without any commission fees. This category is particularly popular among investors looking for diversified, professionally managed portfolios.

3. Digital Gold: Upstox offers digital gold purchases, which allows investors to buy gold in small amounts digitally, a convenient way to invest in gold without physical storage issues.

4. Commodities Trading: For investors interested in commodities, Upstox offers trading in gold, silver, crude oil, and other commodities on the MCX (Multi Commodity Exchange), making it a top choice for those who want to diversify beyond equities.

5. Currency Trading: Upstox provides options for trading in currency pairs, appealing to investors looking to trade in foreign exchange markets. Currency trading includes major pairs like USD/INR and EUR/INR.

6. Exchange-Traded Funds (ETFs): ETFs are a popular choice on Upstox for users who want to invest in a basket of securities, offering exposure to various sectors, indices, or commodities.

7. IPO Investments: Upstox offers an easy application process for Initial Public Offerings (IPOs), attracting users who want to invest in new companies at the early stages of public listing.

Why we choose Upstox

1. Low-Cost Trading: Upstox offers zero brokerage on equity delivery trades and flat fees on intraday and F&O trades. This cost-effective structure is ideal for both beginners and seasoned traders who want to minimize transaction costs.

2. User-Friendly Platform: The Upstox app and web platform are designed to be intuitive, featuring easy navigation, live market updates, customizable charts, and technical analysis tools. This makes it accessible for both novice and experienced traders.

3. Diverse Investment Options: Upstox provides access to multiple investment categories, including stocks, mutual funds, commodities, digital gold, currencies, and IPOs, enabling users to diversify their portfolios from a single platform.

4. Advanced Tools for Active Traders: Upstox offers advanced charting, price alerts, technical indicators, and other tools that help active traders make informed decisions and respond to market trends effectively.

5. Free and Easy Account Setup: Often, Upstox provides promotions for free Demat and trading account openings, along with an easy online setup process. This low barrier to entry is helpful for beginners.

6. Regulated and Reliable: Upstox is registered with SEBI and major exchanges like NSE, BSE, and MCX, ensuring a high level of security and regulatory compliance for safe trading.

7. Educational Resources: Upstox offers webinars, tutorials, and resources that make it easier for users to understand the markets, making it a good choice for new investors who want to build their knowledge.

8. Comprehensive Customer Support: Upstox provides multiple customer support options, including phone, email, and in-app support, which ensures that users can get help when they need it.

Upstox promo and coupon code

1. Free Account Opening - Code: FREEACCT

   • Enjoy free Demat and trading account opening with zero setup fees.

2. Discounted Brokerage for New Users - Code: UPSTOXNEW

   • New users may receive discounts on brokerage fees for the first few trades.

3. Refer & Earn Program - Code: REFERUPSTOX

   • Refer friends to Upstox and earn rewards or brokerage credits for each successful referral.

4. Cashback on First Investment - Code: CASHBACK50

   • Get ₹50 cashback when you make your first investment in mutual funds or digital gold.

5. Discount on Brokerage for Intraday Trading - Code: INTRADAY10

   • Save 10% on brokerage fees for intraday trades, valid for select users.

How to order on Upstox

1. Log In to Your Upstox Account: Open the Upstox app or website and log in with your username and password.

2. Fund Your Account: Ensure your account has sufficient funds for the trade. If not, you can add money from your bank account through the “Funds” section.

3. Search for the Stock or Asset: Use the search bar to find the stock, ETF, commodity, or other asset you want to trade. Select the asset to view its details, including current price, market depth, and charts.

4. Select ‘Buy’ or ‘Sell’: Choose whether you want to buy or sell the asset. Click on the “Buy” button for purchases or “Sell” if you’re planning to sell.

5. Enter Order Details:

   • Quantity: Specify how many shares or units you want to buy or sell.

   • Order Type: Choose from various order types like Market Order (executed at the current market price), Limit Order (executed at a specified price), Stop Loss Order, or Cover Order (for intraday trading with stop-loss).

   • Validity: Select the order validity—Day (valid until the end of the trading day) or IOC (Immediate or Cancel).

6. Review Your Order: Double-check the details of your order, including the price, quantity, and type. Ensure everything is correct to avoid unintentional trades.

7. Place the Order: Once you’re ready, click “Place Order.” The order will be submitted to the exchange for execution.

8. Track Your Order: Go to the “Orders” section to view the status of your order. If it hasn’t been executed yet, you may still have the option to modify or cancel it.

9. View Your Holdings: Once your order is successfully executed, the asset will be added to your holdings. You can view it in the “Portfolio” or “Holdings” section.

How to cancel order on Upstox

1. Log In to Your Upstox Account: Open the Upstox app or website and log in to your account.

2. Go to the ‘Orders’ Section: Once logged in, navigate to the “Orders” tab, where you can see all your active orders for the day.

3. Locate the Order You Want to Cancel: In the Orders section, find the specific order you wish to cancel. You’ll be able to view details like order type, quantity, and price.

4. Select ‘Cancel’: Click on the order, and you should see a “Cancel” option. Tap or click on it to proceed with the cancellation.

5. Confirm the Cancellation: Upstox may ask you to confirm the cancellation. Once you confirm, the order will be canceled, and you’ll receive a notification indicating the cancellation.

6. Check the Status: The order should now appear as "Canceled" in your Orders section. You can also check the Funds section to see if the amount has been credited back if it was a pending purchase.

Remember These Points To Increase Your Savings On Upstox

1. Use Free Account Opening Promotions: Upstox frequently offers free Demat and trading account openings with zero or minimal setup fees. Keep an eye on these promotions to start investing without initial costs.

2. Take Advantage of Zero Brokerage on Equity Delivery: Upstox charges zero brokerage fees on equity delivery trades (when you hold stocks long-term). This can save you money if you focus on long-term investments.

3. Flat Fee for Intraday and F&O Trading: Upstox charges a flat brokerage fee on intraday and F&O (futures and options) trades, making it cost-effective for high-frequency traders. Consider using Upstox for active trading to benefit from this low-cost structure.

4. Refer and Earn: Upstox’s referral program allows you to earn rewards when you refer friends or family. This can help you earn extra cash or credits that may be used toward trading.

5. Watch for Brokerage Discounts: Upstox occasionally offers discounted brokerage fees for new users or specific trade types. Check for promotional codes or limited-time offers that can further reduce costs.

6. Choose the Right Plan: Upstox offers different subscription plans for frequent traders with additional benefits, like faster data feeds and advanced charting tools. Choose a plan that aligns with your trading frequency to get the best value.

7. Use Market Orders for Faster Executions: Limit orders can sometimes incur higher brokerage fees if not executed. Using market orders (when appropriate) can reduce unnecessary costs and ensure trades are completed quickly.

8. Monitor Hidden Fees: Upstox’s primary fees are transparent, but always check the fee schedule for other costs like account maintenance charges. Understanding these fees can help you minimize additional costs.

Things To Remember About Upstox Return and Refund Policies

1. Refunds for Account Charges: Upstox generally does not offer refunds on account-related fees like account opening or annual maintenance charges. These fees are often non-refundable once paid.

2. Transaction Fees and Brokerage Refunds: Brokerage fees are usually non-refundable since they apply per transaction. If you experience issues with a specific transaction, you may contact Upstox customer support for assistance, but refunds are rarely issued for completed trades.

3. Refunds for Failed Transactions: If a transaction (such as a fund transfer) fails but the amount is debited from your bank account, Upstox will typically process a refund. Refunds for failed transactions may take 5–7 business days to reflect in your bank account.

4. Withdrawal Fees and Processing: Withdrawals from your Upstox account to your bank account are usually processed within a specific time frame. If there’s a delay or issue, you can reach out to customer support for assistance.

5. Error-Based Refunds: If an error occurs due to a technical glitch on Upstox’s end, the platform may process refunds or adjustments to rectify the issue. Always report such issues promptly to Upstox customer support.

6. Customer Support for Refund Assistance: For any discrepancies or issues related to refunds, contact Upstox customer service. They may require details such as transaction IDs and timestamps to help resolve the issue.

7. SEBI Regulations Compliance: Upstox adheres to SEBI (Securities and Exchange Board of India) regulations, ensuring that funds are handled securely. Refund requests must comply with these regulations, and all account activity is securely processed.

8. Refund Timelines: Refunds, if applicable, typically take up to 7 business days. Refund timelines may vary based on payment methods or bank processing times.