📅 Last Verified: October 2026⚡ Status: Active Offer
Current Referral Reward & Benefits
✓
High cash rewards per successful referral invite
✓
₹0 maintenance on basic plan & zero equity delivery brokerage
✓
Lightning-fast Pro web and mobile charting platform
✓
Instant paperless account opening with DigiLocker
Company Overview & Market Standing
Founded in 2009 by Ravi Kumar, Raghu Kumar, and Shrinivas Viswanath, Upstox (RKSV Securities India Pvt Ltd, SEBI Reg: INZ000185137, CDSL DP: 12081800) is backed by Ratan Tata and Tiger Global. It caters to over 13 million registered users across India.
Upstox Pro Demat Charges & Brokerage Table
Segment / Fee
Charges & Rates
Account Opening Fee
₹0 (100% Free digital onboarding)
Annual Maintenance Charge (AMC)
₹0 Lifetime Free on basic trading plans
Equity Delivery Brokerage
₹20 or 2.5% per order (whichever is lower)
Equity Intraday Brokerage
Flat ₹20 or 0.05% per executed order
Futures & Options (F&O)
Flat ₹20 per executed order across Equity & Commodity F&O
DP Charges (per debit)
₹18.50 + GST per scrip per day on debit
* Statutory government levies including STT, Stamp Duty, GST (18%), and Exchange Transaction Charges apply as mandated by SEBI.
Trading Features & Platform Capabilities
Upstox Pro Web: TradingView with multi-chart layouts (up to 8 charts simultaneously)
Option Strategy Builder with ready-made bull call, bear put, and neutral strategies
Direct order execution from interactive option chains with Greeks, Open Interest & PCR
Margin Trading Facility (MTF) up to 4x funding on 500+ NSE stocks
IPO Availability: Instant IPO application via UPI with 1-click pre-apply and live subscription counter.
Mobile Application: Upstox Pro Mobile (iOS & Android) — rated 4.5★ with fast fingerprint login, instant price alerts, and smart stop-loss.
Pros & Cons of Upstox Pro
✓ Advantages & Pros
One of the highest cash referral reward programs in India (up to ₹600 per invite)
₹0 lifetime annual maintenance charges (AMC) on basic plans
Advanced options chain with Greeks and real-time payoff graphs
100% paperless onboarding completed in under 15 minutes
✕ Drawbacks & Cons
Equity delivery trades carry brokerage (₹20 per order), unlike Zerodha
Slightly higher DP charges (₹18.50 + GST) compared to CDSL standard rates
Referral reward structure is dynamic and fluctuates across promotional months
Who Should Choose Upstox Pro?
Ideal for derivatives (F&O) and active momentum traders who demand deep options analytics, multi-chart TradingView views, and zero annual AMC maintenance costs.
Eligibility Criteria
Indian citizen aged 18+ with PAN and Aadhaar linked to mobile.
Valid active savings bank account.
New user with no previous registration on Upstox (RKSV Securities).
How To Claim the Offer
1
Click the [REFER NOW] button to open the Upstox signup page.
2
Enter mobile number, email, and verify with OTPs.
3
Fetch Aadhaar details via DigiLocker and upload PAN card.
4
Complete selfie verification and e-Sign with Aadhaar OTP.
5
Account activated within 24 hours to begin trading and earn rewards.
Note: Rewards and eligibility are determined by Upstox Pro upon successful verification. DematRefer does not guarantee reward payouts.
Terms & Conditions
Referee must open a valid account through the official Upstox referral link.
Reward structure depends on active referral cycle (e.g. account opening + first trade milestone).
Reward is credited directly to the withdrawable referral wallet.
Self-referrals or accounts with duplicate PAN/Aadhaar are strictly ineligible.
Official Website & Terms
Review official offer details and verified terms directly on the provider's portal:
When an invited user opens an account and satisfies qualifying trade requirements, rewards (up to ₹600 depending on active cycle) are credited to your Upstox referral wallet.
Yes, verified referral wallet balances can be directly withdrawn to your linked primary bank account.
Referral Disclosure: Some links on DematRefer may be referral or affiliate links. We may receive a commission when eligible users complete qualifying actions through these links at no extra cost to you. Read our full Affiliate Disclosure.
Risk Disclosure: Securities investments carry market risk. Read all scheme-related documents carefully before opening an account or investing.
