If you’ve been thinking about becoming a sub broker or about joining Upstox as a partner, you’ve come to the right place.
In this blog, we will tell you about all the benefits of becoming a partner with Upstox, so let’s begin without any further ado.
An Opportunity to Earn More
When you partner with us, you get to earn through our Account Opening Incentives or AOI. In fact, you can earn up to ₹1200 for every person you successfully onboard to Upstox.
Note: Our AOI varies and we will keep you updated on the ongoing policy.
No Need to Wait for PayDay
Whenever you onboard customers and they trade with Upstox, they generate brokerage revenue for the company. You will also get a share of this revenue as per our settlement cycle, meaning you have a steady stream of income. And your AOI keeps increasing.
Earn Through Your Referral’s Referrals too
Upstox even provides a Bonus Benefit which is known as referral chain benefit. Here, you can earn brokerage sharing from your indirect referrals - these are customers referred by people you referred.
As a Partner, you stand to enjoy the benefits accruing from every customer on your chain of direct and indirect referrals.
For instance, Suppose you have referred 4 clients & one of them, let’s assume Mr. A has also referred Mr. B without informing you. From Mr. A you will get 30%-50% (based on your Partner program) of the profit-sharing as he is your direct referral, however, you will even get a share of the brokerage generated by Mr. B, your indirect referral. This percentage varies and is usually 20%-40%.
Note: Our multi-level chain benefit runs at the sole discretion of the management and can be discontinued or changed at any time.
Dedicated Partner Support
Upstox has a dedicated support team available from Monday through Saturday between 10 AM to 7 PM at support@upstoxpartner.com & 022-4179-2999 / 022-7130-9999 to assist you in your partnership journey.
We’re also open to any feedback that you might have and will try our best to incorporate the same in order to make your partnership journey better.
Access to Contests
As a part of the Upstox Partner community, you get exclusive chances to participate in fun, exciting, and motivating contests every month. Through these contests, you can win exciting prizes such as cars, bikes, smartphones , iPads, laptops, Flipkart vouchers, and more!
Dedicated Relationship Manager Support
Once you achieve a set number of targets we will provide a dedicated Relationship Manager, just for you. If you are stuck somewhere or have queries, they will be your go-to person.
Regular Updates
You will get regular updates from Team Upstox on the latest offerings and services & also get digital marketing material that you can circulate to leads & customers.
Missed Call Facility Support
We’ve got a missed-call facility where your potential customers can give a missed call from their registered mobile number at +91-022-68617610 to get assistance in opening their Upstox account.
Access to All-In-One Partner Dashboard
You can track, analyse & manage all your leads in one place. You can also monitor your earnings from the dashboard.
There is More!
Not only all this, but you also get the following benefits!
- One-time Partnership fee
- Online or manual registration process
- Access to AOI based on Average Revenue Per Person
- An exclusive invite-only access to our Partner Up program
We hope you see the benefits of becoming an Upstox Partner now. So hurry up and register right away!