As per Exchange rules, if you haven’t bought or sold any Stocks, ETFs or traded in F&O for over a year i.e. 365 days, then from the 366th day onwards your trading account will be marked as inactive.
To inform you of the same, you may have received a notification from us in advance. If after the notification you decide to buy or sell Stocks, ETFs or trade in F&O, then your account will NOT be marked inactive.
💁♀️ How to prevent your account from becoming inactive?
You can place an order for any of the following to prevent your account from becoming inactive
- Stocks
- ETFs
- smallcase
- Futures
- Options
- Currency
Please Note:
👉If your MCX Trading account has been marked inactive, then you can only place a commodity order to prevent it from becoming inactive
👉Before trading or investing don’t forget to conduct your own research and due diligence
👉To help you do the same, we have plenty of resources on Upstox - news, fundamental data, smart insights, analyst ratings, stock summary and charts
👉Your account can be marked inactive even if IPO, Corporate Action or Mutual Fund orders are placed as the Exchanges do not consider them as Trading Activity
👉After your account becomes inactive, you will continue to receive Dividends. However, to participate in buybacks, OFS, rights issues, etc., your account must be reactivated by redoing the KYC process
📖Step-by-step guide on placing a simple order on Upstox
🤔What happens when your trading account becomes inactive?
- You can’t place any new trades in Equity, F&O, Commodity or Currency segment
- You can’t sell any existing holdings
- You can't add or withdraw funds
- You can invest in IPOs but will not be able to sell the IPO allocated shares
🔔What to do after your account is marked inactive?
- Steps to reactivate account if its inactive for less than 12 months
- Steps to reactivate account if its inactive for more than 24 months
⏰Why does your account become inactive due to no trading activity over 12 months?
This is an Exchange guideline passed on 10 February 2020 in the best interest of investors. Earlier, an account could be marked inactive based on a broker’s internal policy. However the Exchange passed a circular standardising the period for marking an account ‘inactive’. As per this, all accounts from which trades or investments haven’t been placed for over 12 months need to be marked inactive.