How To Open An Account With Upstox

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Category: Broker Guides | Author: Trading Brokers | Date: July 7, 2026

Introduction To Upstox

Upstox is a prominent discount brokerage firm in India that has gained popularity among retail investors due to its competitive pricing, user-friendly platforms, and wide range of investment options. It offers services for trading in equities, commodities, currencies, mutual funds, and more. Backed by strong infrastructure and technological support, Upstox appeals to both beginner and experienced traders. Opening an account with Upstox is a straightforward process that can be completed online with minimal documentation. This article provides a step-by-step guide on how to open an account with Upstox, along with all necessary details to ensure a smooth onboarding experience.

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Types Of Accounts Offered By Upstox

Before beginning the account opening process, it is essential to understand the types of accounts offered by Upstox. There are primarily two types of accounts that one can open:

1. Trading Account

A trading account is used to buy and sell securities such as stocks, derivatives, and currencies. This account is necessary for anyone who intends to engage in regular stock market transactions.

2. Demat Account

A demat (dematerialized) account holds shares and securities in electronic form. It is essential for storing the assets purchased via the trading account. Both accounts are usually opened together to facilitate smooth trading and investing.

Prerequisites For Opening An Account

To open an account with Upstox, you will need the following documents and details:

• PAN Card: A valid Permanent Account Number is mandatory.
• Aadhaar Card: Required for identity verification and e-signing documents.
• Bank Account Proof: Cancelled cheque, bank statement, or passbook with IFSC and account number.
• Signature: A scanned copy or photo of your signature on plain paper.
• Photograph: A clear passport-size photo or a selfie for verification.
• Income Proof (Optional): Required for trading in derivatives or commodities (e.g., salary slip, ITR, or bank statement).

Step-By-Step Process To Open An Upstox Account

Step 1: Visit The Upstox Account Opening Page

Begin the process by visiting the official account opening section on Upstox’s platform. You can do this through their mobile app or desktop website. The page will prompt you to begin the account registration process.

Step 2: Enter Your Mobile Number And Email Address

You will be asked to enter your mobile number and email address. A One-Time Password (OTP) will be sent to your phone and email for verification. Enter the OTP to proceed.

Step 3: Provide PAN Card Details

You must enter your PAN card number and date of birth as mentioned in the PAN records. These details will be verified with the database to ensure accuracy.

Step 4: Confirm Personal Information

Enter your personal details including your name, gender, marital status, and parents’ names. Ensure that the information matches your official documents to avoid delays in verification.

Step 5: Provide Bank Details

Enter your bank account number and the IFSC code. This account will be linked for fund transfers related to trading and investing activities. Upload a proof of bank account such as a cancelled cheque or bank statement.

Step 6: Upload Required Documents

Upload scanned copies or photos of the following:

• PAN card
• Aadhaar card
• Photograph or selfie
• Signature on white paper
• Income proof (if applicable)

The platform usually supports JPEG, PNG, and PDF formats. Make sure the documents are clear and readable.

Step 7: Complete E-Sign Process Using Aadhaar

Upstox allows you to e-sign your application using your Aadhaar number and OTP-based verification via DigiLocker. You must link your mobile number with Aadhaar to use this feature. This eliminates the need for physical forms or couriering documents.

Step 8: Choose The Segments For Trading

You will be prompted to select the market segments you wish to trade in. These typically include:

• Equity
• Derivatives (Futures & Options)
• Commodities
• Currencies

If you opt for derivative or commodity segments, income proof must be uploaded.

Step 9: In-Person Verification (IPV)

As part of regulatory requirements, Upstox will ask you to complete In-Person Verification (IPV). This is usually done by recording a short video through the app or website. During the video, you may be asked to display your PAN card and speak a particular line to confirm your identity.

Step 10: Review And Submit The Application

Before submitting, review all details to ensure accuracy. Once satisfied, submit your application for processing. You will receive a confirmation message and an application tracking link.

Account Activation Timeline

Once all steps are completed, the Upstox team will verify your details and documents. If everything is in order, your account is usually activated within 24 to 48 hours. You will receive your login credentials on your registered email once the account is successfully opened.

Accessing The Upstox Platform

After your account is activated, you can log in to the Upstox Pro web platform or mobile application using the credentials sent to your email. The dashboard provides access to various features such as:

• Placing buy/sell orders
• Watching market trends
• Managing your portfolio
• Viewing trade reports and ledgers
• Fund transfers and withdrawals

Upstox also offers various analytical tools, market news, technical indicators, and customizable watchlists for better trading decisions.

Charges And Brokerage Plans

Upstox operates on a discount brokerage model. There are no charges for equity delivery trades, and a flat fee is applied to intraday and derivative trades. Account opening charges may apply, though promotional offers often waive these fees. In addition, annual maintenance charges (AMC) for the Demat account may be applicable.

Upgrading To Priority Plans

Upstox provides optional add-on plans such as priority brokerage plans which offer lower brokerage rates, faster order execution, and exclusive features. These plans are suitable for high-volume traders and can be activated from your profile settings after account setup.

Customer Support And Assistance

In case you encounter any issues during the account opening process, Upstox offers customer support via email, phone, and in-app chat. They also maintain a help center with step-by-step guides, FAQs, and troubleshooting tips for both technical and procedural queries.

Security And Compliance

Upstox uses advanced security protocols, including 2FA (Two-Factor Authentication), data encryption, and secure servers to protect user information and transactions. As a SEBI-registered broker and a member of NSE, BSE, and MCX, it complies with all applicable regulations and ensures transparency in operations.

Conclusion

Opening an account with Upstox is a streamlined and efficient process, thanks to its digital-first approach. With minimal documentation, fast processing, and intuitive platform features, it offers an ideal gateway into the world of stock market investing and trading. Whether you’re a novice investor or an active trader, Upstox provides the tools and infrastructure to support your financial goals. Following the outlined steps will ensure a smooth account setup experience and allow you to begin trading with confidence.

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