Upstox Referral Code

Published on January 9, 2024

Looking for Upstox Referral Code ? Get Up to Rs.200 and also get to trade brokerage free for 30 days when you use my code ! Sign up now and start trading!

RKSV Securities' Upstox is an online trading brand. In India, it stands 2nd rank on the list of discount stock brokers.

It is a budget commodities trader established in Mumbai, India, and a SEBI-registered leading financial investment provider. 

Upstox Refer and Earn

It has a customer base of around 1 lakh customers. For participants in the Indian stock market, it provides a fast, convenient, easy operating trading platform. It had a daily turnover of 15 crores as of November 2018.

It provides services like Online stock trading, commodities trading, currency derivatives trading, mutual funds trading, and Demat account trading.

RKSV Sec is a member of NSE, BSE, MCX, NCDEX, NSDL, and CDSL. Established in the year 2009, Upstox has made major technological investments.

Upstox is an affordable trading platform. The consumer is offered free delivery of equity(cash & carry) trading. It offers up to 20 times leverage in intraday trading.

All the trading that takes place through Upstox is charged only Rs 20 for every transaction. The paperless account opening takes less than an hour.  

It provides the Customers availability of a good trading platform and related tools. It includes trading platforms like Upstox Pro Web, Upstox MF, Upstox Pro Mobile, and Algo Lab.

No Code Available , Just Install App from the Below Link

Click To Open Upstox Invite Link

Upstox Referral Code Video Tutorial

Upstox Referral Code - Up to ₹200 Per Referral

UPSTOX Referral Code

Note

Sign Up Bonus

Free Demat Account

Earn per Referral

Up To Rs. 200

Invite a Friend program

Only For App

No Code Available , Just Install App from the Below Link

Click To Open Upstox Invite Link

How to Avail Upstox Referral Code Offer

  • First of all, download the Upstox app.
  • Complete the account opening process.
  • Tap on the profile icon.
  • Choose the ‘Refer and Earn’ option.
  • Share your Upstox referral link on WhatsApp or SMS.
  • Once they completes their profile you will get Up To  ₹200 on every successful.

Upstox Demat Account Opening Process

Documents required to open a Demat account:

  • Identity Card: Pan card or Aadhar card that is linked to your permanent contact number. A picture of both these documents needs to be uploaded.
  • Photo of your Signature on blank paper.
  • A passport-size photo
  • A bank account to link to the Demat account: cancelled cheque or bank statement
  • Last 3 months of ITP slip as income proof.

The process to open the account

1. Step one: Install the application on your android or iPhone phone or access the website through the search web.

2. Step two: Type your phone number to start registering.

3. Step three: Insert the asked details like email id and mobile number for the verification process.

upstox refer and earn

4. Step four: Enter your PAN card details as asked with your birthdate as mentioned in the ID proofs.

PAN card details

5. Step five: In the next section, fill in personal details like Gender, Marital Status, occupation, income, and trading experience.

personal details

6. Step six: Fill up your father's name exactly how it is mentioned in the ID Proof.

7. Step seven: Now select equity, FO, currency and basic plan of 20rs per trade. Enter the referral code: Enter Upstox Referral Code FX1395.

trading references

8. Step eight: Enter bank details; IFSC Code, bank account number, and name. With these details, upload the bank statement along with your signature for activation and verification.

bank details

9. Step nine: Finally, add details like an Aadhar card and permanent address. Next, you will be asked to upload both sides of your Aadhar card, PAN card and selfie.

upload documents

10. Step ten: You will be asked to make one face video for human verification. After that,within two hours, you are ready to log in to the account.

human verification

What is refer and earn?

Refer and earn is a function and facility that avails you to earn a little extra money in the form of rewards whenever you refer the application to some other person, be it your friend or family or anyone else, and on installing through your reference, both of you get some reward on joining.

Current Refer and earn Offer

In 2022, Upstox Referral Code scheme provides a total of INR 400 benefits when someone is signed in through your referral code.

When you refer someone and they sign in using your referral code, your get INR 100 in your upstox wallet and when any transaction is made or any trading is done through that account, you receive a benefit of INR 300 in your Upstox wallet that can be used in trading.

What benefits does a referred person get?

  • One obvious benefit is that the person referred gets a free trading and Demat account.
  • They also get a worth of 1000 rs brokerage and also get to trade brokerage free for 30 days.
  • They can also invest in IPO and mutual funds without any brokerage.

The benefits are not limited to the person who is referring to the code but also to the one who signs in using the code. It is a plus point on joining since you can trade brokerage free for up to a month.

Refer And Earn Upstox benefits

With Upstox, everyone gets to win reward benefits with its refer and earn process.

The refer and earn works when you suggest/refer your family, friend or anyone to the Upstox and when they sign in, you earn INR 100, and upon their first transaction or trade, you earn INR 300 in your Upstox wallet.

Instructions on using the Upstox referral code:

  • You can share the referral code via SMS, Whatsapp or any convenient application.
  • The other person needs to mention the code while signing in to the Upstox.
  • On using your referral code, you will receive the amount in your Upstox account that is non-transferable to the bank account.

refer and earn upstox is a great way to earn a little extra and invest the money in trading. Make sure that your code is used while signing in to avail the benefit and extra earnings.

Upstox referral amount withdrawal process

You can check whether you have received the benefit or not in your account by simply logging in to the account and checking your upstox wallet. The benefit added will reflect in your account.

You can also withdraw the referral amount in a few quick steps using your phone or web. You can follow the steps mentioned below to withdraw the amount:

  • Step one: After logging in, tap on the refer and earn section.
  • You will find a referral earning option in that section.
  • By selecting the â€˜take out’ option, select the amount and confirm the withdrawal.
  • You will receive the amount in your registered bank account in 3 working days.

Advantages and Disadvantages of Trading with Upstox

It has been providing service for more than ten years now. It offers many unique features to its customers like:

  • It is a commission-free direct mutual funds service. With this facility, the customer is allowed to earn more profit.
  • The ultimate brokerage is Rs.20 per trade, which makes it more efficient for the customer to trade at their convenience. 
  • It also avails brackets and cover orders to the customers.
  • It can be operated easily using both mobile phone and web service.
  • It also offers a margin against share.

With the advantages, there are some disadvantages as well:

  • It does not offer an API to log traders. 
  • In your location, there are no regional offices. It's a web-based marketplace.
  • There are no GTC purchases available.
  • An extra Rs 20 is charged for the automatic square of intraday orders.
  • Brokerage-Free Stock Delivery trade is not available.
  • There are no research and advisory services available.
  • NRI trading account is not offered.
  • There are no monthly unrestricted trading subscriptions available.
  • There are no research and advisory services available.

Upstox Referral Code offer terms and conditions

There are undoubtedly amazing benefits to the refer and earn scheme, but to avail the scheme and benefits, there are certain terms and conditions that need to be followed.

Underlying are the terms and conditions apply when you sign in using a referral code:

  • The referral code can not be availed if the referred person already has a upstox account.
  • Advertising the scheme in any way is prohibited in audio, video or text form.
  • It does not allow you to invite many people at once. It does not support any such advertisement. 
  • The referred benefits are activated only after the activation process is complete. 
  • A family member as a referred member does not count under the beneficiaries. 
  • The guidelines need to be followed carefully. In case of any mistake, Upstox can deny the benefit of the referral code.

Following these simple rules and conditions can avail you of the promised benefit of the scheme.

Frequently Asked Questions ( FAQs)

Q1 Who is the owner of Upstox?

The current owner of the Upstox is Ravi Kumar (Co-founder & CEO), Kavitha Subramanian (Co-founder) and Shrini Viswanath (Co-founder). It is also backed by funding from Ratan Tata.

Q2 What are the Upstox account opening charges?

Upstox has a free-of-charge account opening service. Upstox provides free of charge trading experience. It is free trading software.

Q3 Is there any limit to Upstox referral?

There is no such upper limit on the number of people you can refer to upstox unless it is hampering any rules and conditions or being used for advertisement purposes. You can refer and earn a lot of money daily with this scheme.

Q4 What other platforms are available for refer and earn?

The apps that offer refer and earn schemes are as follows:

  • RozDhan App.
  • CashKaro App.
  • UpStox App.
  • 5Paisa App.
  • BigCash App.
  • Google Pay App.
  • PhonePe App.
  • Zerodha App.

Q5. How long will it take for the withdrawal to get credited to the account?

It takes one to three business days to get the withdrawal amount reflected in your account. The process is easy and convenient.

Q6. Is Upstox refer and earn process safe?

The Upstox refer and earn process is entirely safe. If all the rules and conditions are followed correctly, the refer and earn process will provide you benefits, and the money will instantly reflect directly in your upstox account.

The amount will appear in your bank account within three working days when withdrawn.

Was this article helpful?

+1
0
+1
0
+1
0

Share this article:

About the author

ishant

Ishant Sharma has been passionately working in EdTech industry since quite a long time and he is based in New Delhi.

He aims to create awareness among the masses on how to use their minimum assets and get maximum rewards.

Here, users will get all the comprehensive details about how to earn extra income by following simplest steps. His favorite niches are .......

Topics are laptops, Offers, Free Recharge Tricks, Fantasy Cricket and Earning Apps Review.

On this website, users will get to know all of these categories of articles which will help them to earn some extra money from home.

Enjoyed this article ?

YOU MIGHT ALSO LIKE:

>