Upstox is a famous finance app in India for trading and investing. Apart from being a financial app that offers a variety of services, they also have their own referral programme that allows its active users to earn money by referring their friends to install Upstox Pro App.
Upstox offers one of India's highest paid refer and earn programmes. You may earn up to Rs. 1200 for each referral you make. The commission rates for the Upstox referral programme fluctuate from time to time.
You may receive lesser commission rates at first, but as you grow your referrals, you will receive better offers with greater payment rates.
By referring just your friends, you can earn an unrestricted referral commission. To do so, you must first activate your demat account by completing the entire KYC process.
You may open a free Demat account using both the desktop and the mobile app.
What is Upstox Pro?
Upstox Pro is a real-time Indian trading app that allows you to trade and analyse the Indian stock markets. It is one of the most well-known stock market trading apps in India due to its cutting-edge charting features and live market data.
What are the Requirements to Open New Account on Upstox Pro?
Bank Account Details
Aadhar Linked Mobile Number
Bank Account Details
Your Signature On White Paper
Upstox Refer and Earn Program
Upstox Refer and Earn Program to All Verified Users. Get Free Up to Rs.1200 Directly to Your Bank Account Once your Friend Open a Free Demat Account Using Your Referral Code. Upstox Pro Referral Code: 553580
You Don't need to trade to Earn Referral Money
You Need to verify your account first to get your own referral code and start sharing it with your friend to earn money for each referral. You can keep your account active if your plan is only to earn referral credits without having to trade on Upstox app.
How Much You can Earn by referring friends?
As per now there is no cap for referring Friends. You can earn unlimited by Inviting your friends, When they open free Demat Account on Upstox App.
You will get anything between Rs. 100 to Rs. 1200 Per Referral Which depends on current refer and earn offer. The more active users are getting maximum referral rates like Rs. 500 Per referrals or even more.
You will be rewarded for your referrals' account opening and the first transaction is done within 30 days.
Most users are easily earning up to Rs. 15,000 per month only by inviting others from Upstox referral program.
Steps to Open Free Demat Account on Upstox
- Download Upstox Pro App From Here
- Open App and signup using your mobile number and email
- Enter this in the referral code box: 553580
- Enter your Aadhar Linked Mobile Number and Valid Email Address and Verify your Number with OTP
- On Next Step, Enter Your PAN Number and Date Of Birth and Go to Next
- Agree Terms and Tap on YES Option
- Enter your Bank Account Details Where you want you Money to be Deposited
- Now Make a Signature on White Blank Paper and Upload it
- No Need to Upload Income Proof and Submit your Signature
- Tap on SKIP Refer Earn Page (You Can Refer Friend Later)
- Tap on E-Sign With Aadhaar OTP Option
- Wait for Sometime and you will be on Different Page so Tap on Generation Page Link
- Enter your Aadhaar Mobile Number and Fill captcha and Verify your mobile number with OTP
- Once You Completed All The Steps, You account will be Sent for Approval
- You will Recieve Your Account Id and Password Once your Account will Approved. Usually takes 48 Hours
- Now You Can Trade on Upstox Pro App
- You can Invite Your Friend and Earn When They Sign Up and Verify Thier Account
How to Withdraw Your referral earning
Open Upstox Pro App Open Menu From Right and Click Refer & Earn then Click Your Earnings & referrals. You will get a Money Withdrawal option
Is Upstox SEBI registered?
Yes, RKSV/UPSTOX is a member of NSE, BSE, and MCX exchanges, and is registered with the Securities & Exchange Board of India (SEBI) as a stockbroker.
Is Upstox Safe?
Yes, Upstox is a reliable broker. It is a registered member of SEBI, BSE, NSE, MCX and CDSL. The company is regulated by the stock broker regulations. It is audited regularly by the exchanges
How is Upstox for trading?
Upstox offers absolutely free trading account and free trading in the Equity Delivery segment. Trading in Equity F&O, Equity Indra-day, Commodities and Currency Derivatives is available through Upstox Pro. Rs. 20 Per Trade or 0.01% (whichever is lower) For Intraday, F&O, Currencies & Commodities. Upstox is a discount stock broker with fast, reliable & easy-to-use trading platforms. Free to try, quick to sign up.