Saturday, January 12, 2019

I am looking towards Upstox demat account opening? Am I on right track?

When it comes to invest in stocks, people generally look for domain experts who possess detailed understanding of the markets and provide full-fledged helps to potential and existing clients. However, with the advancements in technology, it has become a lot easier to decode the complexity of stock markets and earn great returns. Upstox is one such technology-led platform that tends to bring in unprecedented levels of ease and comfort to both investors as well as traders.

If you’re planning to register yourself on Upstox, it is necessary for you to check its worthiness. This is because a smart decision taken in this regard is better decision for long time. If Upstox demataccount opening is in your mind, the following information would help you in taking a smart investment decision.

Earlier known as RKSV Securities, Upstox is one of the leading discount broking firms in today’s world and specializes in zero brokerage trading concept. Setup by Ravi Kumar, Raghu Kumar and Shrini Viswanath, Upstox now looks after nearly 2% of daily turnover of NSE. Upstox’ customers are able to trade on BSE, NSE and starting in 2016 on MCX.  (approx. Rs. 7000 crore daily traded turnover)





Upstox is supported by Mr. Ratan Tata, Kalaari Group and GVK Davix and hails itself as the country’s first technology-led low cost brokerage firm. This revolutionary trading platform is developed in-house by a team of software engineers at Upstox’ head office at Sunshine Towers in Lower Parel, Mumbai. Traders and investors can choose to employ state-of-the-art charting tools on Upstox Pro Web and Mobile platforms to examine the markets and make investments that guarantee great profits.

Upstox provides free brokerage on equity delivery trading and trading in Equity F&O, Equity Intraday, Commodities and Currency Derivatives can be performed for just ₹20 per order traded regardless of the order size. This simple means that even if you trade 10 lots of NIFTY in one trade, the brokerage would still be ₹20. Upstox also facilitate trading service in Mutual funds and you can manage the account from a single screen adding more convenience for customer with respect to trading.




In a big to deliver seamless trading experience to its traders and investors, Upstox offers LoginLess feature on their Upstox Pro mobile app. Loginless feature enables you to do several things, even if you don’t have an account, such as:
  • ·         Quick and easy search for stocks, even the intricate ones
  • ·         Get access to all NSE cash, Futures and Options and Currencies scrips
  • ·         Use best-in-class charting tools
  • ·         Create charts with multiple intervals, drawing studies and types
  • ·         Apply 100+ technical indicators on real-time charts
  • ·         Define unlimited no. of price alerts for instant updates
  • ·         Generate unlimited customized watch-lists
  • ·         Get real-time market feeds to stay updated on your scrips
  •       Access preset watch-list of Nifty 50
Upstox’s brokerage plan is very easy and enticing. Trade in Equity Delivery is totaly free and for all other sections, you need to pay only ₹20 per order executed.

EQUITY DELIVERY BASED TRADES                              ZERO
Equity Intraday Trades                                                   0.01% per trade
Equity Futures/Options                                                 ₹20 per trade
Currency Futures/Options                                           ₹20 per trade
Commodity Futures                                                        ₹20 per trade

So, if you have Upstox account opening is mind, it is suggested to go with it without any doubt.








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