Equity is the best investment option although riskier than other options like Bank deposit or debt instruments.
Most of the investors start their journey in equity investment by applying for IPOs (Initial Public Offers). Many of them face difficulties in opening a demat and trading account. In this article, I have covered step by step details of how to open an online demat and trading account with upstox.
Why Upstox?
- ZERO brokerage fee for equity delivery trading.
- Account opens within a day.
- No paperwork or signature needed. (Just verify with your Aadhar card to open an account within a day)
- Trade faster, smarter and on the go through their easy-to-use mobile app. (No need to wait for your broker to answer your call for placing order)
- Option to open a zero-balance IndusStox 3-in-1 account where you earn interest on funds allocated from your trading account for trade and no need to maintain a minimum balance (Use Smart Transfer and say goodbye to fund transfers)
Steps to open a demat and trading account within a day without any paperwork.
- First of all I would recommend you to open this page on another smartphone to simultaneously follow the step by step installation and account opening guide.
- Click here to download the Upstox app from playstore.
- Install and open the app.
- Fill the details asked on every screen.
- Verify your details and proceed further.
In case you are browsing through a PC/Web browser, Click here to directly open the Sign Up page.
- Open the account opening page by clicking here.
- Enter your email address and mobile number.
- Click on send OTP and verify with the OTP received.
- Enter the details asked such as PAN and Adhar to verify.
- Enter Bank account details with which you want to link your trading account.
- Upload supporting documents.
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