BENEFITS

Why choose Upstox?

Single account for all your investing and trading needs

Demart - Upstox

Quick Onboarding

Secure onboarding process. Set up a Demat account with just PAN, Aadhaar and eKYC.

Demart - Upstox

Easy Accessibility

Login with biometrics or mobile number and buy/sell stocks from our web, Android or iOS platforms in one click.

Demart - Upstox

Smooth Orders

With just a toggle switch, switch between intraday or delivery orders. Enjoy GTT and AMO on Stocks and F&O orders.

Demart - Upstox

Informed Decisions

Search stocks easily using smart lists and smart filters. Get latest news, analyse charts and find in-depth company information to make informed decisions.

Pricing

Flat fees, no hidden charges.

Pricing Tree
0
Commissions
On investing in Mutual Funds and IPOs
0
Account Maintenance
To maintain your Demat Account*
20
Brokerage
On Equity, F&O, Commodity and Currency orders
0
Account Opening
To open a Demat + Trading account
Learn More

*Zero AMC is applicable for users onboarded from August 2021 onwards.

ASSET CLASSES

Ways to grow your wealth

Stocks

Stocks

  • Discover stocks with smart lists and smart filters
  • Access key company information
  • Buy and sell stocks in a single click
IPO

IPOs

  • 24/7 IPO applications
  • Apply and pre-apply via WhatsApp
  • Zero commission investing
Mutal Funds

Mutual Funds

  • Zero commission investing
  • SIP investments starting at ₹100/month
  • Discover tax-saving funds easily
Futures and Options

Futures & Options

  • Pay just up to ₹20* per order
  • Switch between TradingView & ChartsIQ
  • Place GTT orders till contract expiry
GUIDE

Demat Account 101

Backed by the best

Upstox is backed by marquee investors like Mr. Ratan Tata & Tiger Global Management

1 Cr+
Happy Investors
4.4+ App Rating
Avg. App Rating
₹60k Cr+
Turnover

Awards & Accolades

Highest number of accounts in a single month by a broker (2019)- Upstox Awards
Highest Number Of Demat Accounts in a Single Month by CDSL in Oct 2021
Best innovation in wealth management (2020)- Upstox Awards
Best innovation in wealth management (2020)
Highest number of accounts in a single month by a broker (2019)- Upstox Awards
Highest number of accounts in a single month by a broker (2019,2020)
Most promising broking house of the year (2019)- Upstox Awards
Most Promising Broking House of the Year by MCX in 2019
Move onwards & upwards with us

Here’s what our users have to say:

Account Opening Process

1. Submit & verify PAN and Aadhaar
2. Verify your bank details
3. eSign

You can also track your application status. It will take up to 3 days to verify and open your account.

FAQs

In case you missed anything.

Do I have to pay for using the platforms?

No. You can check out the Upstox Pro web & mobile platforms for free and open an account only when you’re ready to place a trade. There’s no fee to use the trading software.

What is the brokerage* cost of trading in Futures and Options?

For Futures, you’ll be charged ₹20* or 0.05% (whichever is lower) per order. For Options, you’ll be charged a flat fee of ₹20* per order. Your maximum brokerage* cost remains ₹20* per order irrespective of the size of the order.

What is the brokerage* cost of trading in Equities?

For equity delivery trades, brokerage* charges are ₹20* per order or 2.5% (whichever is lower) for both buy and sell orders. For equity intraday trades, brokerage* charges are ₹20* per order or 0.05% (whichever is lower) for both buy and sell orders.

Do you offer margin against shares?

You can leverage the shares in your demat account to get extra margin to place trades. With the Margin Against Shares facility you can pledge your shares for ₹50 per scrip, without having to add funds to your Upstox account.

What are your square-off charges?

You will be charged auto square-off charges of ₹50* (Plus GST of 18%) per order for open positions squared-off by RMS team at the usual intraday square-off times. To avoid auto square-off charges, you can square-off your positions yourself before the RMS square-off timings.

What are your Call & Trade charges?

You can call the Upstox Team and place your trades via phone for ₹50* + GST per order placed.

What are BTST orders?

BTST stands for Buy Today Sell Tomorrow. These are considered as equity delivery trades which means you pay zero brokerage* on these orders.

What are your charges for Offers For Sales (OFS orders) and buyback orders?

A flat ₹50/- will be charged for OFS (Offers For Sales) & buyback/takeover orders.

How can I open a Demat account online?

You can open your Demat account online by choosing the best online brokerage firm. You can apply from their website and upload documents as per the requirements. You can easily open a Demat Account online if you have a mobile number registered with your Aadhaar number.

Which Demat account is best in India?

There are various brokerage firms available in India. You can open your Demat account with Upstox, as it provides multiple benefits and comes with a transparent pricing policy.

Is Upstox a free Demat account?

Upstox does not have any account opening or annual account maintenance fees. So, Upstox is like a free Demat account.

What are the steps to create a Demat account online?

You can open your Demat account online in just four steps.
  • Go to Upstox's online Demat account registration page.
  • Fill in your essential information and click Sign Up.
  • Have scanned copies of your Aadhaar, PAN, Cancelled Cheque
  • Verify your identity by entering your Aadhaar number and confirming the OTP sent to your linked mobile phone number.

What are the charges for opening a Demat account online?

The Demat account charges to open a Demat account online will depend on the brokerage. You can open a Upstox Demat account without paying any charges.

Can we have multiple Demat trading accounts?

You cannot open more than one Demat trading account with the same brokerage firm.

How to check Demat account balance?

If you find it difficult to check your balance in Upstox, you only need to carry out a Demat account log in to your app and enter your 16-digit account number. You will find your balance in your Demat account.

What are the AMC charges in Upstox?

There are no annual maintenance charges or AMC in Upstox.

What is the difference between Demat & Trading account?

Through the Demat account, investors can hold all the types of investments, such as stocks, ETFs, mutual funds, currency, futures and options. In comparison, a trading account provides you with an interface by which you can buy and sell the stocks in the share market.

Which is the best app to open a Demat account?

Many brokerage firms are providing the facility to open a Demat account online. Upstox gives you one of the best apps to open a Demat account as it is a user-friendly and cost-effective application.

How to apply for a Demat account?

First of all, you have to choose a brokerage company through which you can open your Demat online such as Upstox. You have to visit the website or download the app and fill up the application form to open a Demat account with the required documents.
View More FAQs View Less FAQs

What is a Demat account?


Demat account is an acronym for Dematerialized accounts.

As you need to have a bank account to deposit your money and earn interest, in the same way, you need to open a Demat account to buy or sell financial securities such as stocks and Equity Traded Funds(ETFs). Demat account is necessary to hold securities electronically.

When you buy stocks or shares, they will get credited to your account. When you sell the stocks or shares you have purchased, they will get debited from your account.

By opening the Demat account, you do not need to transfer your share certificates physically to the buyer. You need to link your bank account with your Demat account, through which you can easily buy and sell shares. It does not only save your time, but it also reduces the transaction cost.

It is now mandatory to have a Demat Account to buy or sell securities that are listed on the exchanges, such as stocks of companies. However, you don’t need a Demat Account to invest in mutual funds, insurance schemes and other traditional saving options.

While opening up a Demat account, you will have to bear some charges to maintain your account, such as Demat account opening charges, safety charges or custodian fees, annual maintenance charges, transaction charges, etc.

You can easily open a Upstox Demat account online without any account opening or account maintenance charges.

The Demat account is more than just a depository for investors' securities. It is a move to bring transparency and regulation to the securities markets.

The National Stock Market of India was the country's first completely automated stock exchange that made the Demat account India mandatory. It officially opened in 1994, and share trading in Demat form began in 1996. Currently, a Demat account in India is compulsory to invest and trade in equities and other asset classes. As a result, there is no need to keep physical share certificates anymore.


How to open a Demat account?


Opening a Demat account online is easy, and you can do it with just a few clicks. You will need your Aadhaar card linked with your mobile number and other details to open the Demat account.

Here are the four simple steps to open a Upstox Demat account online:

  1. Go to Upstox's online Demat account registration page.
  2. Click ‘Sign Up’ after entering your basic information.
  3. Keep scanned copies of your documents such as Aadhaar, PAN, Cancelled Cheque, and your most recent bank statement on hand so that you can easily upload it whenever required.
  4. To verify your identity, enter your Aadhaar details and the OTP you receive on your registered mobile number.
    You can use your Demat account after it is opened after verification. You will receive the details of your Demat account on the registered email address.

Documents Required to open Demat account


To begin the process of creating a Demat account, you will need some documents. PAN Card, address proof, and bank proof are three broad categories of the type of documents required to open a Demat account online. Providing these documents is a standard Demat account opening process for various brokerage houses. A correctly completed account opening form can help ensure your account is opened as quickly as possible.

Proof Of Identity

  • PAN Card
  • Aadhaar
  • Driving Licence
  • Passport
  • Voter Identity Card
  • NREGA Job Card
  • Any other accepted document advised by the central government

Proof of address

Although some of the address proof may be the same as the identification proof, here is the complete list of the documents that can act as proof of address:
  • Aadhaar
  • Passport
  • Voter’s Card
  • Driving License
  • NREGA Job Card
  • Utility bill such as electricity bill, water bill, postpaid mobile that is not more than two months
  • Bank account or Post Office savings bank account statement.
  • Documents issued by Government departments of foreign jurisdictions and letter issued by Foreign Embassy or Mission in India.

Proof of bank

You'll need to verify the bank account you want to link to your account. To create a Demat account online, you may submit the cancelled cheque together with the bank's IFSC number to the company website. Here are the proof of bank account details that you may have to share:
  • Your name
  • Bank’s IFSC Code
  • MICR
  • PDF of online bank statement with your name, MICR and bank’s IFSC code or the passbook.


Why Open a Demat account with Upstox?


Upstox provides a broad range of facilities that make opening a Demat account with Upstox a wise choice.

Here are the benefits of opening an online Demat account with Upstox:

Quick account opening process

Documents can be uploaded in an electronic format, and verification is done digitally by Upstox. The Demat account is ready for use within two hours.

Track the market movements for your investments in real-time

By opening your Demat account with Upstox, you can track the market volatility live and in real-time. You don't have to use another software to track the profits and losses of your portfolio.

Upstox is stable and quick to use

The Upstox platform is easy to use because it is technology-friendly software. It is stable because it won't hang as other applications do. Upstox believes in continuous innovation and improvement in technology, making it user-friendly.

Hold all your investments in one place.

You can hold all your investments, including mutual funds, in a single Upstox application. You can manage your funds efficiently and monitor all your stocks in one place. You can immediately buy and sell your investment in a few minutes.

Various investing options

You have various online trading options, including stocks, IPOs, mutual funds and futures, and options that you can avail through your Demat account.

IPO

Investors who want to invest in new companies can apply for shares before the company issues them in the markets. The period in which sales of a company's shares are allowed to the general public is called an Initial Public Offering or IPO. Demat accounts are useful for buying shares in IPOs.

Stocks

In addition to buying stocks from the primary market i.e., during the IPO, you can also buy and sell stocks after the stocks are listed on the exchange, i.e. the secondary market. The secondary market is where stocks are bought and sold by traders. It is important to understand that when you buy a company's stock from another shareholder, you acquire shares that give you a certain degree of ownership in the company and the right to participate in the decision-making process during a board of directors' meetings.

Mutual Funds

You can invest in mutual funds as the fund manager give you the benefit of a portfolio of investments to diversify the risks associated with the financial instruments. Investing in markets is subject to risks related to micro or macroeconomic factors. Investing in different asset classes helps you diversify the risk and maximize your profits.

Futures and Options

In addition to trading stocks, investors have the option of trading futures and options, which refers to derivatives whose values depend on the underlying financial assets. Investors trade according to their predictions as the market moves.

Transparent and pocket-friendly pricing.

Get more from your money by opening a Demat account with Upstox.

Account opening: There are no charges to open an online Upstox Demat account.
Account maintenance charges: While some brokerages may charge an annual account maintenance charge, there are no annual account maintenance charges. So, that means that you can open a free Demat account with Upstox.
Commission: There is zero commission when you invest in mutual funds or IPOs.
Brokerage charges: Upstox Demat account charges a flat brokerage fee of Rs. 20 on equity, F&O, commodity and currency orders.

Benefits and information about Demat Account

  • The advantage of having a Dematerialized Account is eliminating the risk associated with paper-based share certificates. Before the invention of Dematerialized Accounts, shares were transferred physically, creating risks such as theft, loss, tampering, and forgery.
  • Bonus stocks or stock splits get automatically updated in your Demat accounts. Earlier, investors have to update it physically through the broker's office.
  • Demat accounts are not limited to shares or a single class of assets, but one can use them to invest and trade in a number of investment options such as mutual funds, ETFs, currency trading, futures and options.
  • You buy and sell your investment through your mobile phone just in a few minutes. Accessibility is available through the Demat account, anytime, anywhere. In the case of physical premises, you need to visit the branch office only.
  • A Demat account provides you with the facility of nomination. In the case of the owner's demise, all the investment with returns will be transferred to the nominee.
  • You can conveniently store an unlimited number of investments safely in electronic form with a brokerage firm. The brokerage firm's mobile application tracks your investment without Demat account login. You can reset your password by properly verifying your identity with the brokerage firm via phone.