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Do you want to know about the various Upstox broker products and services? Upstox is a registered broker that provides online trading services in various segments. It is affiliated with the NSE, BSE, and MCX. If you have opened an Upstox Demat & Trading Account, you have the opportunity to engage in zero brokerage investment in digital gold, IPOs, and direct mutual funds. However, you must note that trading in other segments will incur a flat brokerage fee of Rs. 20 per executed order.
In addition to its regular offerings, Upstox broker also provides customers with the option to open an Upstox Global Investment Account. This account allows investors to diversify their portfolio by accessing over 60 exchanges in 25 different countries. By expanding your investment opportunities globally, you can explore a wider range of markets and enhance your investment strategy. Open an account with Upstox. Read on to get comprehensive details about its various products and services, and gain a thorough understanding of what Upstox broker has on offer.
Upstox Demat Account
Upstox broker is an authorized depository participant (DP) registered with both the Central Depository Services Limited (CDSL) and the National Securities Depository Limited (NSDL).
It offers customers the facility to open a Demat account, which enables them to hold securities such as mutual funds and shares in electronic form.
Go through our article on Upstox Broker FAQ – Top Things You Should Know about Upstox.
Upstox Trading Account
Opening a trading account with Upstox broker is free of charge, with no account opening fees or annual maintenance charges (AMC).
A trading account with Upstox provides users with the ability to buy and sell various financial instruments, including futures and options (F&O) contracts, shares, mutual funds, currencies, commodities, and digital gold.
Upstox applies a flat brokerage fee of a maximum of Rs. 20 per order for trading across different segments.
Upstox Equity Trading
Upstox broker provides comprehensive equity trading services as a registered member of the BSE and NSE stock exchanges. With Upstox, you can engage in the buying and selling of equities.
The brokerage charges are transparent and favorable, with a flat fee of Rs. 20 or 2.5% (whichever is lower) for delivery trading. For intraday trading, there is a fixed charge of Rs. 20 per executed order.
Upstox Derivative Trading
In addition to equity trading, Upstox broker also facilitates trading in equity derivatives, including equity futures and options, on the BSE and NSE exchanges.
Accessing the derivative segment is easy; simply log in to your Upstox account on the Pro web or app and begin trading in F&O (Futures and Options) contracts.
Enjoy the convenience of a maximum brokerage of Rs. 20 per order for all your derivative transactions.
Upstox Commodity Trading
Upstox broker offers commodity futures trading through its Pro platform, available on both web and mobile app. As a registered member of MCX (Multi Commodity Exchange), Upstox allows users to engage in commodity trading at a nominal fee of 0.05% of the transaction value or Rs. 20 per order, whichever is lower. For options trading, the executed order fee is a flat Rs. 20 per trade.
Upstox Currency Trading
Upstox broker provides its customers with the opportunity to trade in the currency futures and options segment. Through the Pro platform, users can execute currency trades at a flat brokerage fee of Rs. 20 per order. The broker supports four major global currency pairs, namely Euro/INR, USD/INR, JPY/INR and GBP/INR, enabling traders to engage in transactions involving these currencies.
Upstox Mutual Fund Investment
If you have an Upstox Trading & Demat Account, you can access the Upstox Mutual Fund platform directly, eliminating the need for a separate Mutual Fund account.
You can Invest in Direct mutual funds with Upstox at no brokerage charges! Upstox broker has partnered with over 20 leading Asset Management Companies (AMCs), providing a wide range of schemes in debt, equity, and hybrid categories.
Upstox NRI Trading
Upstox broker offered the Upstox NRI Account, allowing NRIs to avail trading facilities. Clients could open a Upstox NRI Trading and Demat Account and engage in online trading at a brokerage rate of Rs. 200 per order or 0.01% (whichever is lower).
However, starting from June 1st, 2023, Upstox will no longer offer NRI account services. If you are an NRI account holder, you have the option to transfer your holdings to another Demat account, where you can continue trading or placing trades. To initiate the transfer of your holdings to another Demat account, the Easiest facility provided by CDSL is the way to go for you.
Upstox IPO
When you invest in IPOs with Upstox broker, there are no charges for brokerage fees. Additionally, customers can also purchase IPOs without UPI by following the net-banking process.
You have the convenience of applying for IPOs online through UPI using the Upstox mobile app-based platform and the Upstox Pro web platform.
Upstox Global Investments
Once you have successfully opened a Global Account with Upstox broker, you can access the Global investment platform and invest in shares of multinational companies. Upstox offers customers a unique opportunity to invest globally, with access to over 60 exchanges in 25 countries.
By opening an Upstox Global Investment Account, customers can diversify their investment portfolio by investing in global stocks such as Facebook, Google, Apple and more.
Upstox Order Types
Upstox offers a variety of order types to suit different trading needs. The Margin Intraday Square Off (MIS) order is ideal for intraday trading, automatically closing positions at the end of the trading session.
Cash N Carry (CNC) orders allow holding positions overnight, while Normal Margin (NRML) orders are suitable for longer-term trades.
Limit orders provide control over transaction prices, while Market Orders prioritize swift execution. Stop-loss orders help minimize losses, and Stop Loss Market Orders (SL-M) ensure immediate execution at trigger prices.
Bracket Orders (BO) and Cover Orders (CO) offer profit-taking and risk management strategies. Upstox caters to diverse trading preferences with its comprehensive order types.
Upstox TradingView Charting
Upstox Pro Web 3.0 introduces an enhanced trading experience by integrating the TradingView charting platform into its portfolio. This integration brings numerous advanced features to Upstox users. The professional TradingView charting platform offers a wide range of capabilities, including the Stochastic RSI indicator, customizable charting options, multi-timeframe settings, and much more.
Upstox Pro users have the choice of two charting library options: ChartIQ and TradingView. These charting libraries provide powerful tools and insights to analyze market trends and make informed trading decisions.
Upstox AmiBroker
Upstox broker has integrated AmiBroker, a top-notch charting software, into its platform. AmiBroker offers a coding and formula editor, a range of tools for backtesting trading strategies, and the ability to analyze the market using various technical charts and indicators. To enhance customer experience, Upstox has developed the Bridge to AmiBroker platform, enabling seamless connectivity between Upstox and AmiBroker. This integration allows Upstox users to leverage the advanced technology and technical charting capabilities of AmiBroker.
Customers who have an Upstox account can easily subscribe to the AmiBroker bridge platform and obtain a license key from the developer portal. The license key remains valid for 30 days and can be renewed thereafter.
Upstox Call & Trade
Upstox broker offers a convenient Call & Trade service for its customers. By dialing 022-6130-9999, customers can connect with customer care executives who will assist in placing buy or sell trades on their behalf. It is important to note that this service is not provided free of charge.
The charges for Upstox Call & Trade are Rs. 20 per order.
Go through our article on Angel One Vs Upstox Charges Comparison 2023: Trading Account Charges, Brokerage Charges, Transaction Charges, Demat Account Charges and Other Charges.
Open an account with Angel One today!
Upstox Refer & Earn
Additionally, Upstox broker provides a Refer & Earn program. Customers can refer their friends and family members to open an Upstox account and earn referral benefits. Upon successful account opening by a referred person, the referrer is eligible to receive Rs. 500 as referral benefits. Each Upstox client is provided with a referral code that they can share with others to refer them to Upstox.
Upstox Partner
You have the opportunity to become a partner with Upstox broker and generate commission income. As an Upstox partner, you can enjoy various benefits, including referral incentives and brokerage sharing by referring others to open Upstox accounts.
Conclusion
In 2023, Upstox continues to offer a wide range of broker products and services to cater to the needs of traders and investors. From advanced charting software integration to convenient Call & Trade services, Upstox ensures a seamless trading experience. With lucrative partner programs and referral benefits, Upstox remains committed to empowering its customers and expanding its user base.
Check out our YouTube video on Upstox Account Opening | Upstox Pros & Cons | Upstox App Review
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