[2021] How to Open Demat Account on Upstox - Refer & Earn

Welcome to our new post today we will know in this post how we can now Open Demat Account in Upstox for free. [How to Open Demat Account on Upstox]. Friends, do you know why I chose Upstox for demat account? Friends, if you do not know much about Upstox, then after reading this article completely today, you will know everything about Upstox. Upstox is a great free trading platform and you can earn money by investing in share market. Open Upstox Demat & Trading A/C & Earn 500. Even if you want to do Forex trading, you are going to need a Demat account.

Earn Regular Income For Trading - Simple Ways 10000% You Make Money From Online Trading.

Open Demat Account on Upstox
Open Demat Account on Upstox

  • You need a demat account to buy digital gold to invest in the stock market. And today we are going to tell you about such a trusted website that gives you the opportunity to open a demat account for free. And at the same time gives you a chance to earn a lot. Friends, if you open someone's Upstax Demat account from your link, then you get 500 rupees. Many people are also taking advantage of this opportunity and are earning Rs. of lakhs. 
  • Share Market Definition - Example, Demat Account

To open an Online Upstox account, you need some Important documents which are as follows. To open an online demat account, You have to keep a printed copy of some important documents with you.

  1. Aadhar Card [Aadhar Official Website]
  2. Pan Card [For Online PAN Application]
  3. Email ID [Sign In Google Account]
  4. Mobile number which is linked with your Aadhar Card [Check Your Mobile Number]
  5. Blank white paper with your signature and it should have your photo on it.
  6. Bank Passbook [What Is Bank Passbook Immediately Know]
  7. Income Certificate or Bank Certificate [Bank Certificate VS Bank Statement] or ITR Return [File ITR Return & Check Status]

These are some important documents that you should have when you open online demat account, you do not need to go to cyber cafe Nor is the help of any brokerage needed, you can open your own online demat account on Upstox sitting at home from your Android mobile phone. Here I will tell you the step-by-step process to open a demat account

First of all, you have to visit the website of Upstox, a page will open in front of you & Some details enter.

  1. Email Address
  2. Mobile Number 
  3. & Click On "SEND OTP"

On the mobile number that you have entered, a message will come from UPSTOX. On the screen that is open in front of you, you have to enter the otp and then click on Sign Up.

Now the next page will open in front of you, in which you have to enter your PAN number [Permanent Account Number (PAN) - Income Tax Department], enter your date of birth, then you have to click on Next. Now a page will open in front of you in which you have to give some personal information.

  • What is your gender?
  • What is your marriage status?
  • What is your annual income?
  • What is your Trading experience?
  • What is your occupation?
  • Your father name as per your PAN card?
  • Are you political exposed?

You have to give the answer of all these questions according to you. Click Next [Is your country of Tax Residency other than India - Select "No". Now click on Next.]

Now you have to select the segment. If you want to buy/sell shares then you have to click on Equity. And remember you will also select Futures & Options then you will have to upload proof of income proof/Bank statement/ITR Return. Now click on Next.

Note:- You have to select all the options according to you, here I do not know how to open Upstox account. And I am telling it for those who are students or housewife.

If you do not understand futures and options, then you should choose only equity, after that you have to choose a brokerage plan [ICICI DIRECT - Best No. 1 Brokerage Plan In India 2021]

If you have high leverage, then you can choose the priority plan in which you will have to pay the broker Rs 30 per trade intraday. If you do not need much margin, then you have to choose only the basic plan and then click on Next.

After clicking on next, you will get Step No. 6 in which you have been told that you have been given one share free. So that you can do trading by demo, in this you have to click on Yes and then click on Next.

In Step No.7 a new page will open in front of you, in this you have to give your bank details. For example, in which bank your account is opened, you have to enter the IFSC code (Find IFSC, MICR Codes, Address, All Bank Branches in India)of that bank, you have to enter the bank account number.

Note:- You will get to see all the information related to the bank in PASSBOOK. With the help of passbook, you can fill these options well, do not make any mistake in it. Select whether your account is savings or current account. Now click on NEXT. Step No.8 A new page will open in front of you in which you have been told

That you have to put your signature in a blank white paper and take a photo of it from the mobile and then upload it. Now click on Next. Now a new page will open in front of you in which Connect your Digilocker with Upstax will get this option, you have to click on it.

Now a new window will open in front of you, in which you have to enter your Aadhaar number and OTP [Know About One Time Password] will come on the mobile number to which that Aadhaar number is linked and that OTP has to be entered and then click on Continue.

Now a new page will open in front of you in which you have been told that the documents you have uploaded on upstox. Now Upstox can download them and read them, for this you have to click on Allow.

Step No. 14 You have to upload your photo on UpStox, for this you have to click on Take a picture and then click on your selfie. After that you have to click on share location. You will be asked for your location permission, you have to allow it. You have to access your location and then you have to click on Next.

Step number 15 I will ask you if you want to open someone else's account from your link, for this you have to click on Refer New.  This type you can do later, Now you can click on skip

In step number 16, you have to enter your email address and then click on GET OTP. To visit your email address. There you will get an otp from Upstox, now you have to type that input. In type number 17 "click on Next".

In step no. 18 Click on "SIGN FOR FREE" & Then ask you "Do you have your mobile number linked with your Aadhar card" On this you have to Click on YES. & THEN CLICK ON CONTINUE. Upstox is giving you the opportunity to open an account for free during Covid-19, later you may also charge some fees. In step number 19 you just have to click on continue.

You will have to e-sign through your Aadhar card in step NO. 20. For which you have to click on the blue button of E-Sign with Aadhaar OTP like step NO. 20. Now you have to click on Assign Now. Now you have to write your name which is given in your Aadhar card and you have to write the same name. You have to select the {E-SIGN GATEWAY} and tick the checkbox and in the last click on the submit button.

Now you will reach the website of the NSDL, there, you have to enter the Aadhar card number of your 12 number and then click on Send OTP. The mobile number to which your Aadhar card is linked will receive an OTP on it, now you have to fill it and click on Verify.

In step number 25, you have to click here to download your assignment documents and click on proceed. Now you have reached step number 26, here you have successfully opened your demat account. Now your form will be submitted and within 2 or 3 days your demat account will be opened.

You have to wait a little, in 1 or 2 days your email will come on e-mail to open the account. And there you will be given client id and password so that you will be able to access the upstox demat account. Today we told you in this article how we can open demat account in Upstax for free.

What Is Trading - Earn Regular Income From Trading

Hello friends, we often hear about trading Like (Equity Market, Commodity Market, Forex Trading) in the stock market, many people earn millions by investing in trading. But thousands of people also have loss. What is trading? There is a difference between trading and investment, what are the types of trading and regular income can be earned from trading. Today I will explain all these with details. 

What Is Trading

What Is Trading?

Friends, Trading is called business in Hindi, which means buying something and selling it at increased prices. So that we can increase the profit on our investment more. Similarly, buying shares in the stock market and as soon as the price of the shares increases, To earn profit by selling it, we call Trading in the stock market. Now a lot of people think that they do the same in investment. What is the difference between trading and investment?

  • In investment, we hold shares for a long time like 1 YR, 5 YR, 10 YR. (In trading we hold shares for a very short period of time such as - 1 Minutes, 1 Hour, 1 Months)
  • In investment, we buy the shares of the good company because we hold the shares of the company for a long time in the investment. (In trading, we do not know about any details of companies and buy only by looking at the price of their shares. Because in trading we mean by the movement of price and as soon as the price rises, we make money by selling the shares)
  • In investment, we get profit after a long time, there is less risk in it. Because we buy the shares of good companies. (In trading, we get profit very quickly, such as 1 day, 1 hour, but there is more risk in it. Because the price movement is random in the short term)

The biggest difference between investment and trading is attitude. Bcoz

Investment - In investment, before investing in any company, we get a lot of information about it and analyze it. That the shares of the company whose shares we are buying will increase or decrease in the long time period.  (Trading - If we buy the shares of a company without studying the company. Have bought shares only by looking at the Price package of that company. So that as the price of the company increases, we earn money by selling shares. So we will call it trading)

Fundamentle Analysis - Friends study the company carefully and understand their business, we call Fundamental Analysis & we must do a fundamental analysis of the company before investing. But if we study the price of shares of a companies & try to predict its pattern, Then we call it Technical Analysis & We must do technical analysis of the shares before trading.

Types Of Trading

When we think about trading, first of all we have to find out which one to trade and for this we should know How many types of trading are there.

There are 4 Types of Trading

Scalping Trading

In this type of trading we buy the shares for a few minutes. And as soon as the price becomes a little bit incremental, then we earn a profit by selling the shares.

For Example - Suppose you bought 10000 shares of a company on 100 rupees Per shares. And after a few minutes, if the price of the shares is increased from 100 rupees to 100.50, then sell it and earn a profit of 5000 rupees. So this is what we will call scalping trading.

Intraday Trading

The second type of trading is call intraday trading. In this type of trading, we hold the shares for a few hours & the same day, before the market closes. We earn profits by selling the shares.

Swing Trading

The third type of trading we call swing trading. In this type of trading, we hold shares for a few days. & earn profit by selling the shares within one or two weeks.

Position Trading

Fourth type of trading is called position trading. In this type of trading, we hold shares form a few weeks to a few months. & then earn profit by selling them.

Can We Earn Regular Income From Trading

Friends, now we will know that we can earn regular income from trading. Yes friends, we can earn regular income from trading. But it is not possible to earn as much as possible.  

If you want to earn more money from trading, then you will need a lot of money. Friends, if you want to earn more profit in trading to invest money then we will have to buy more shares for which more money will be required. Along with money, We should have a good knowledge of technical analysis. Only then we will be able to understand the price pattern. And will be able to buy or sell shares at the right time. Along with this, We'll have to understand the use of stoploss well to keep the loss to a minimum. 

My Last Words
And friends, The most important thing in trading is to constantly learn from your mistakes & to not give up. Because every successful trader is successful only when he continuously improves his trading. So if you also want to become a successful trader then follow all these points well.