TOP 10 REASONS TO TRADE WITH UPSTOX

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INTRODUCTION TO UPSTOX-
Upstox is based in Mumbai, Upstox is a discount stock brokerage firm which provides a secure, quick and user friendly trading platform interface for all the investors/traders which are participants of the Indian stock market. Upstox is an Investment brand which is made online, owned by RKSV securities which was incorporated in 2009, is a SEBI registered financial service provider.

The trading account of Upstox provides you with access to stock exchanges like NSE, BSE and MCX etc., whereas the demat account is commonly used to hold securities like shares, stocks, mutual funds etc., in electronic form.

Founded in 2009, Upstox is one trustable stock trading broker with a low brokerage.

Upstox is one of the affordable and most reliable discount brokers in the non-banking finance industry which is backed by renowned personalities Mr.Ratan Tata, Tiger Global, GVK, and Kalaari Capital.

Upstox has also made all its trading platforms secure and user-friendly. They provide assistance to their clients in various forms and their website also gives explanations to their clients in layman and easily understandable language. Their focus is on increasing the customer’s satisfaction.

Upstox provides you an all in one platform to invest in a variety of investment options and products to widen one’s portfolio and diversify the risk. Upstox has a vast spread of technology platforms to trade on and have employed an in-house team to make these platforms better at every passing moment. They have a (Browser trading platform), the Pro-mobile application (Mobile trading app), Tools & Calculators (Order generator, Brokerage Calculator, Margin Calculator).

Here are Top 10 Reasons to Trade with Upstox-
Good reputation in the market- With millions of monthly active clients, Upstox became no 2 Stockbroker after Zerodha by the number of active investors/clients.

Upstox Pricing- Upstox Saves your costs as a broker with low cost, the primary profit is to save considerably. Saving costs is a given. Most brokers in Asian nation charge brokerage as a proportion of turnover, however not Upstox. So on Upstox you don’t have to pay brokerage on your trades with Upstox.

-Upstox is very low cost based on the following facts-
1. Equity Delivery Trade at 0.1% or ₹20 per executed order, whichever is lower.
2. Brokerage Free Direct mutual funds investment
3. Everything else at BSE, NSE, and MCX. They charge the same fee of 0.05% or ₹20 per executed order, whichever is lower.
4. No minimum Brokerage, no software charges, no subscription fee, and no minimum amount balance required to open an account with Upstox.

Upstox Customer Support: Customer service provided by Upstox, A dedicated team will respond to your questions as quickly as possible via phone, email, or live chat.

Upstox has reports on Market Talk: A digital editorial segment of Upstox that features news, live updates on the markets, product announcements, news on Indian/global stock markets, IPO alerts, NFO alerts etc.

Upstox referral program: If you are an Upstox Customer you can earn ₹500 for every successful referral.

Upstox MF: Upstox MF is a direct mutual fund platform that enables you to purchase online mutual funds from asset management firms without paying a commission or broke

Upstox Trading Platform: Innovative, cutting-edge trading software available on every device be it mobile, desktop, laptop – Upstox also has a Browser-based Trading Platform, Mobile-Upstox Mobile Trading App offered by Upstox is one of the highest-rated stock market apps in India. It is also among one of the best trading apps that offer technical charts, share market analysis, live data of the market & stock news.

Upstox Global Investments Account: Invest globally across 60+ exchanges in over 25 countries in your favourite companies with Zero commission* Zero commission via Upstox Global Investment account. On US stocks zero commission is applicable.

Fox Trader: Upstox also has held hands in partnership with most trustable Reliable Software India Pvt. Ltd. to bring you the Fox Trader trading software. Analyse markets with multiple charting tools.

Dart stock: Upstox has partnered with iDarts to offer you the Dart stock software to help you in your daily trading routine.it helps you to Scan market activity and trends with a live scanner tool, Provides technical reports.

What are the benefits of trading with Upstox?
Upstox is very much qualified as Upstox has been certified and registered with the market regulator of India that is Securities and Exchange Board of India (SEBI). It has memberships & connections with all the leading exchanges of India, including the BSE, NSE, and MCX. It is a very secure and a go to option for all of the investors stock market trading needs.

Seamless account opening procedure
The market regulator Securities and Exchange Board of India (SEBI) has mandated that every broker has to verify the details of their customers as part of the Know Your Customer (KYC) norms. This includes conducting an In-person Verification (IPV). Upstox conducts this process over the web. The account opening process is hassle free and quick as well. The whole procedure of opening an account usually takes 1-2 working days.

Superior technology
Upstox is also a high competitor in terms of up to date leveraging technology. In fact, Upstox considers itself as a technology-based firm that is placed in the financial services space. Upstox is constantly innovating and provides its clients with tools to help make profitable and wiser trading decisions. They have a built-in website/ application brokerage calculator, SPAN calculator, and options builder tool are just some examples of how we leverage technology to provide you with superior trading tools.

Quality customer service
Upstox has excellent customer service and can also be labelled as one of the best customer service teams in the entire country India. According to the information on Upstox they mostly answer all calls within 30 seconds to minimize the hold times, and they have an online ticketing system to answer queries of the customers and they ensure that queries are answered promptly.

Upstox have many offers that you can avail on opening your account with Upstox, right from the 30 days free brokerage to the Beginners’ course on the Stock Market at E learn markets. Apart from all the benefits, in my personal opinion the most beneficial takeaway from Upstox is the excellent trading platform interface. I personally have used other applications of different brokers as well but I have found Upstox to be the most easy to use and have a user friendly interface. Upstox is one of the most rapidly growing online brokers in India with backing from big names such as Ratan Tata and Tiger Global so it’s very reliable and trustworthy in those aspects.

Following are the Benefits of opening an account in Upstox –
1. There is Safety Of your Funds – Upstox is a member of NSE, BSE, MCX, and CDSL. It is also certified and registered with the market regulator Securities and Exchange Board of India (SEBI). Upstox is a highly safe and secure trading platform which has all investors trading needs under one platform.

2. Offers Lowest Brokerage – The most significant advantage of trading with Upstox is their brokerage at a discounted rate. Upstox charges maximum brokerage charges of Rs 20 for trading on their platform. This means you only have to pay Rs 20 brokerage in any trade. You save a lot with this as Upstox is a discount brokerage. And it helps in increasing your profits.

3. Offers Free AMC – Upstox waived off AMC charges for all new accounts opened with them.

4. Various investments options On One Platform – By opening an account in Upstox, you get the opportunity to trade and invest in various financial instruments such as Equity, Currency, Mutual Funds, IPO from a single platform.

5. Easiest Account Opening Process – No other broker offers such a user friendly and simple process of account opening as Upstox. Any investor who wishes to open an account in Upstox can do so in just 10 minutes by clicking on the link of account opening. Upstox takes the least amount of time for account opening.

6. Powerful Technology – Upstox provides its customers with the latest technology. They constantly update their tools with new-age features and provide new tools to help you make profitable and wiser trading decisions. Upstox has a mobile app available on play store and for IOS devices as well, a built-in brokerage calculator and options builder tool are some of the facilities provided through their high-class technology.

7. Mobile trading app available for both Android and iOS phones. No software uses charges for it.

8. In the Equity Delivery segment Upstox offers brokerage-free trading. (Customers do not have to pay any brokerage fees for delivery trades in the equity segment).

9. On both web and mobile one cancels Other (OCO) After Market Order (AMO), Cover Order and Bracket Order are available.

10. Trailing-Stop/Stop-Loss (SL) is available on both web and mobile.

11 Upstox offers an Option Chain Tool which helps traders find out Future prices, and do vertical comparison of rates, get useful details such as market depth circuit levels and Open High Low Close. It allows customers to measure open interest volatility and performance indicators.

12. Upstox has a Pro Web Trading Platform which offers multiple indicators to monitor markets live time for the investors/traders.

13. Upstox Mutual Fund Platform offers thousands of Mutual Funds to invest in. Customers can choose the Lump sum or SIP pattern of investing.

14. Margin against Shares is available.

15. Priority Brokerage Package is available for customers who need higher leverage.

16. Online IPO Application (UPI) is available.

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