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Upstox Mobile App Review

Upstox Track Record Of Best Online Stock Broker In India

  • Life

    4.2

    Company Rating

  • Life

    110+

    Cities Covered

  • Life

    10+ Lacs

    Orders Per Day

  • Life

    1L+ Crore

    Daily Turnover

  • Life

    10+ Lacs

    Our Client Base

  • Life

    4.3

    Mobile App Rating

  • Life

    4.2

    Company Rating

  • Life

    110+

    Cities Covered

  • Life

    10+ Lacs

    Orders Per Day

  • Life

    1L+ Crore

    Daily Turnover

  • Life

    10+ Lacs

    Our Client Base

  • Life

    4.3

    Mobile App Rating

 
 
 

Upstox Account Opening Enquiry

 
 
 
 
Upstox Mobile App Review
Upstox is the trading platform offered by RKSV. It is the popular discount broker that is tech-first low cost broking firm in India. It provides the different trading opportunities at unbeatable prices. The company provides trading services in different segments i.e. equities, commodities, currency, futures, and options that are available on Upstox pro web and Upstox pro mobile trading platforms.
The Upstox trading platforms offers trading, analysis, charting and many more rich trading features. This platform makes placing order easy through mobile phones and web browser. It is built on Omnisys NEST OMS (Order Management System) and Omnisys NEST RMS (Risk Management System).
Upstox has significantly invested in technology. It provides an excellent trading platform and tools to its customers. This include Upstox Pro Web, Upstox MF, Upstox Pro mobile, and Algo lab, etc. It also offers partner platforms like Nest Desktop, AmiBroker, Dart stock and Fox trader.

Upstox Trading Platform
RKSV offers four trading platforms to its customers which are:
1. Upstox Pro
2. Upstox Mutual Funds
3. Upstox DEV
4. Partner Platforms
Let us have a look at these trading apps in detail:
1. Upstox Pro:
It is a sophisticated trading platform introduced for the traders and investors. Upstox pro has two trading applications:
a. Pro Mobile: It is a lightweight trading application designed for the traders. This includes a very critical functionality and tool.
b. Pro Web: It is a sophisticated trading website designed to work in web browser. It contains all features of an installable trading terminal.
2. Upstox Mutual Funds: It is an online Mutual funds investment platform for Upstox customer.
3. Upstox DEV: It is a cutting-edge developer platform. This allows developer to use Upstox API’s in order to build their own trading strategies and get real-time data.
4. Partner Platform: This also offers industry standard and popular third-party trading platform including Fox Trader, Dartstock, and Omnesys NEST Order.

Upstox Pro Mobile Trading App
It is the Pro Mobile trading application by Upstox. It is an in-house build application by Upstox. The app provides mobile trading in different segments including stocks, derivatives, currencies, and commodities across NSE, BSE, and MCX exchanges. The customers can easily download this application free of cost and become location independent in trading. This application is available on both Android and iOS devices.
Features of the Upstox Mobile application
1. The customer can place, buy and sell orders on the move.
2. It has the universal search tool to find desired stocks and contracts.
3. It provides access to multiple segments including NSE cash, F&O, and currencies.
4. It has advanced charting tools with 100+ technical indicators.
5. It provides the facility to trade form the charts.
6. It creates the customised watchlists.
7. It gives price alerts on set scripts.
8. It provides the access to real-time market feeds.


Mobile Trading App Demo




Frequently Asked Questions


A stop-loss order is an order placed with a broker in order to buy or sell a specific stock once the stock reaches a certain price. A stop-loss is designed in order to limit an investor's loss on a security position.
While carrying Intraday orders, we trade using margins and thus the trade goes in loss showing the negative balance. It will show the negative balance till the time we square off our trade or their RMS team do so. Your AMC might be deducted and this is the reason why it shows negative balance.
Rs.20 brokerage and 15x intraday margin are the most suited for a new trader. Whereas, the Priority plan is best for the experienced traders who require higher (20x) leverage. The brokerage charges (Rs. 30 per trade) are also higher under the Priority Plan.
The Upstox has pioneered the low-cost brokerage model. Thus while trading with Upstox, equity delivery trades are free of cost. For intraday trading on BSE, NSE and MCX and F&O. It is 0.05% or up to Rs. 20 per order traded.
The Upstox provides three trading platforms. There is Upstox Pro web that you can access from your favorite browser. The other software Upstox Mobile which is available on both Android and iOS will help you in trading on the go.
Upstox runs a partner program wherein you can become a sub-broker and start referring customers from your network. You can earn commissions when they trade. You can receive earnings in two ways in this program either earn a part of the brokerage paid by your referrals or earn incentives for referrals when they open an Upstox account.
The Account opening is free. But if you pay Rs.149, you will get a brokerage credit worth Rs.250 with the validity of 30 days.
You can withdraw money from your Upstox account directly from the application. You go to the balance section of the app and choose to “withdraw funds” from your securities or commodities account. Once after selecting the account, click on the “withdraw” screen. Now enter the amount you want to withdraw and click on “submit”.
Upstox is an online broker and a POA is compulsory during the account opening. This is done in order to keep your information safe and secure.
There is no limit of how many banks accounts you can link with Upstox. One bank account will be marked as the primary account and rest of them will be marked as the secondary bank accounts.
The monthly maintenance charge for the demat account is Rs.25 (excluding GST). This amount will be charged at the end of every month.
The trading with Upstox is completely safe. The company started offering its services in 2012 and since then it has grown exponentially. It has lakhs of trusted customers and over 5 lakh customers traded in January 2020. This made it rank as the second largest discount stock broker in India. The company is registered with the SEBI, BSE, NSE, MCX, CDSL and NSDL. It is regularly audited by the exchanges and no violations have been noticed so far. The company is backed with the leading investors like Ratan Tata, Tiger Global and GVK Davix.
The client can freeze his account in case he does not wish to do any transaction in the near future. This helps in curbing the unauthorized use of demat account & prevention of frauds. The account will be de-freeze only on the instructions of the account holder.
To reactivate your Upstox account, all you need to do is to fill the reactivation form and email it to us at ‎support@upstox.com. You also need to send a bank statement of the last three months that have been self-attested. Once after we receive this, your account will be reactivated within 24–48 business hours.
Upstox core services does not include providing trading or stock tips. As an online broker, Upstox believes in keeping costs as low as possible.
There is no minimum balance that you are obliged to maintain in an Upstox Mutual Fund account once after the first time when you purchase the SIP.
You can upgrade your Upstox account by just sending an email from the registered email Id to support@upstox.com. Remember to keep the subject line "Request to change brokerage plan." Make sure that you mention your Name and UCC in the email. The request for changing brokerage plans will be processed in 24-48 hours during business days.
One of the major advantages of having trading account with Upstox is their low-cost structure. As a result, they do not provide any RM (Relationship Manager) services, even in Mumbai.
The Trigger price in Upstox is the pre-set price on a buy or sell order in trading. The order here is a special order such as a “stop-loss order”, a “take-profit order”, “bracket order” and a “cover order”.
The withdrawal of money procedure is an online process. Thus, every request is processed within 24 business hours after the trading day has ended. The Upstox staff get notified of your withdrawal request and hence they process all withdrawals once at the end of each day.
Yes, the account opening in Upstox is free with a ₹249 prepaid brokerage plan. Currently the company does not charge any account opening fee for the individual trading accounts.
In order to change your phone number in the Upstox account, you will have to open an online service request. To change phone number in Upstox, follow the below mentioned steps: a) Go to www.upstox.com b) Click on 'Sign in' > 'Dashboard' c) Login to the dashboard (Upstox back office) d) Choose and click on the 'Service Request' box e) Then, click on 'Change your Mobile Number" f) Enter the new phone number and verify the OTP. Once after the request is submitted, it will be processed in 24 to 72 hours.
Upstox is not a listed company. It is a privately owned company run by the promoters of the company including Mr. Ravi Kumar and Mr. Shrinivas Viswanath. Four major investors that include Mr. Ratan Tata, Tiger Global Management, GVK Davix and Kalaari Capital Partners invested in this company.
The “Validity in Upstox” means the tenure or period for which a placed order is valid. The price of a stock moves up and down on a regular basis and thus the order is executed only when the matching price is available.
If you are deciding to close your account then you can delete it, then you can delete it. Upstox does not charge any fees to close your demat or trading account. Just make sure that all your dues are clear and transfer all existing securities from your Upstox demat account.

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