Upstox Referral Code: EB8838 | Upstox App Review & Features

Upstox is one of India’s fastest-growing brokers or Trading App. A fast, reliable, and easy-to-use trading platform, where you can open an account paperless. In this post we tell you Upstox Referral Code, Upstox Referral Benefits and How to open Upstox account online?

Upstox was incorporated in the year of 2008. Since 2008 it has an excellent standing in the Indian share market, In the Indian share market, Upstox, the online trading platform plays a good role for everyone. Upstox is backed by India’s top investors such as Mr. Ratan Tata & Tiger Global Management.

The Upstox team created a new idea for the first-ever stock market application in the world. This is the highest-rated best investment app that is extremely handy and useful for those who want to waste their precious time collecting stock information from different companies from different websites.

Many of the exciting features of the application make your work easier. The rule of being successful is always defined as more work in minimum time.

Upstox Referral Benefits:

Here is the Upstox Referral Benefits:

  • Demat + Trading account.
  • Zero brokerage* on Stocks, Mutual Funds, Digital Gold, IPO and NFOs.
  • ₹20* per order for Intraday & F&O.

Upstox Referral Code

Upstox referral code
Upstox referral code

Upstox referral code is EB8838. Apply this code during Sign Up and get Brokerage credit up to ₹1000*. You can open Demat + Trading account online.


You can Use Upstox Referral link by this link you don’t need to enter Upstox Referral Code.

How to Download Upstox App

To download Upstox Pro APP click on the below button:

How to open account on Upstox online?

Opening an online Demat account with Upstox is easy, fast, and paperless. To open a Upstox account you need Aadhar Card and a phone number that is linked to your Aadhar card. If you have these, fill out the Demat account opening form.

After this, you will need to upload the necessary documents. So, have them handy before you get started.

Here is the list of Upstox account opening documents:

  • Aadhaar Card
  • Mobile Number which is linked to Aadhaar Card
  • PAN Card
  • Income Proof (depending on the segment you choose)
  • Signature (on a blank paper)

Remember: If your Aadhaar card and phone number are not linked, you won’t be able to open an account online. In such a case, you will have to open a Demat account offline.

To open Upstox Demat account online follow the steps below:

open upstox account online guide screenshot
  • After that ‘enter the OTP’ and click on ‘Sign Up’.
  • Enter your PAN Card number, Date Of Birth and click on ‘Next’.
  • After that Enter your KYC details:
    Gender, Marital stats, Annual income, Your trading experience, Your political affiliation and your Occupation.
  • After that ‘choose trading segment’. Equity, F and O, and Commodity.
  • Now select leverage plan. If you want more margin then pick Priority otherwise Basic is good. (Now Upstox discontinue Priority Pack and move to their Basic Pack so you now can’t select Priority Pack)
  • Enter Bank Account details:
    Account holder name, Ifsc code, your account number and re-enter your account number and select account type Savings or Current.
  • Upload your documents:
    Signature on a white paper with blue or black ink pan as per PAN card and upload it here. If you want to trade-in commodities then Uploading Income proof is mandatory.
  • Connect your DigiLocker with Upstox:
    Enter “Aadhaar Card number” and enter “OTP” and click on continue. To Give permission to Upstox click on “Allow”.
  • Take a photo of yours and share your location.
  • Confirm your email address (You will get OTP in your email). Enter the OTP and click on the next button.
  • You will get account opening offers! According to current offer you may need to pay some amount.
    It asked you that do you have your mobile number linked with your Aadhaar Card? Answer with YES or NO and click on continue and make payments.
  • After payment, you will see a message that Congratulations, your limited plan offer are on their way! Click on continue.
  • Sign your application:
    Here you can e-Sign with Aadhaar OTP (If your Aadhaar Card linked to mobile number). Click on “e-Sign with Aadhaar OTP” and after Click “ESIGN NOW” button. Enter the “OTP” which you get on your Aadhaar linked mobile number. Click on “Sign Now” button.
  • Enter “Aadhaar Card” number and click on “Send OTP” button.
  • On the next screen, Enter “OTP” and “Verify OTP”.
  • Now you can see that your Application Stats as Application Submitted.

You will receive Client ID & Password after reviewing your documents. Upstox account opening takes usually 24-48 working hours.

Benefits of opening an account on Upstox:

The presence of a Upstox helps us to deal with a lot of problems in our day to day life. The advent of share market-related apps has made it easier for people to handle their share market by making just a few clicks.

Here are benefits of trading on Upstox:

Free equity delivery trades for lifetime:

A Upstox user can trade in equity delivery free of cost.

Low brokerage charges on Intraday orders:

Upstox only take ₹20/per order in intraday.


The apps can be easily installed and used. People have neither the time nor the inclination to learn how to use a complex app to access a more accessible version. Share market app users get what they want from the app sooner or later. 

Cross-platform trading:

A User can trade on software on web, mobile app and desktop.


On Upstox you will get Free equity delivery trades & up to 5x margins for intraday/CO/OCO orders. You will get the best trading experience to meet your needs.

Upstox only take Rs.20 or 0.05% per trade which is lower for Intraday, F&O,
Currencies & Commodities.

Paperless account opening:

If you have an Aadhaar card and a mobile number (linked to Aadhaar Card), you can open a Upstox Demat account online. Here is the link to the Upstox account opening form.

Quality customer service:

They have one of the best customer service teams in India. Upstox strive to answer all calls within 30 seconds to minimize hold times, and their online ticketing system ensures that queries are answered promptly.

Upstox Refer and Earn Program

Time is changing rapidly, and every day, every field in the world is introducing ground-breaking ideas. Similarly, the Upstox pro app implement the new features which is Upstox referral program to increase userbase.

To date, no other platform has provided such a level of referral commission. Here you can earn money by inviting your friend to Upstox through the your Upstox referral code or link.

If you are a Upstox account holder, you can refer as many friends as you want. You get Rs.500 for every successful referral once they open an account with Upstox.

Your friends will get:

  • Demat + Trading account.
  • Zero brokerage* on Stocks, Mutual Funds, Digital Gold, IPO and NFOs.
  • ₹20* per order for Intraday & F&O.

How to refer a friend to Upstox?

You can generate your Referral Link or Copy your Upstox referral code on Refer and Earn Page by Just entering your mobile number or 6-digit client code and start referring to Upstox.

Also read: Upstox Partner Program: Benefits, Charges and Sign up process (Step-by-step)

How to withdraw referral money from Upstox?

To withdraw your Upstox referral amount from Upstox App, follow the simple steps below:

  • ‘Open’ Upstox Pro App.
  • ‘Click on Menu Icon’ ☰ (Top left-side).
  • Select ‘Refer & Earn’ Option.
  • Click Your ‘Earnings & Referrals’ button.
How to withdraw referral money form upstox guide
Referrals and Earning in Upstox App

Here your referral amount reflecting under the Withdrawable. You can withdraw this amount in your linked bank account. To withdraw this amount Click on ‘Take Out’.

After raising the withdrawal request, the amount will reflect in your bank account within 24-48 hours.

Upstox Charges

Here si the list of Upstox charges:

Upstox ChargesEquity DeliveryEquity IntradayEquity FuturesEquity Options
BrokerageZero brokerageRs. 20 per executed order or 0.05% (whichever is lower)Rs. 20 per executed order or 0.05% (whichever is lower)Flat Rs. 20 per executed order.
STT/CTT0.1% on both buy & sell. 0.025% only on sell.0.01% on sell. 0.05% on sell side (premium). 
Transaction ChargesNSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group NSE: Exchange turnover charge: 0.0020%Clearing charge: 0.0002%NSE: Exchange turnover charge: 0.053%Clearing charge: 0.005%
Demat transaction chargesRs. 18.5 per scrip per day only on sell. No chargesNo chargesNo charges
GST18% (on brokerage + transaction + demat charges)18% (on brokerage + transaction charges)18% (on brokerage + transaction & clearing charges)18% (on brokerage + transaction & clearing charges)
SEBI ChargesRs. 5/CrRs. 5/CrRs. 5/CrRs. 5/Cr
Stamp Duty0.015% or ₹1500 / crore on buy side0.003% or ₹300 / crore on buy side0.002% or ₹200 / crore on buy side0.003% or ₹300 / crore on buy side
Stamp Charges

You can watch Upstox Charge list here ► Upstox Charges

Upstox Learning and Practice Features

  • Upstox Pro application has one unique feature which helps you in gaining stock experience. This app allows you to learn tricks and ways to invest in getting maximum profits.
  • Upstox app is the best investment app that helps you in understanding the cash flows of the market. There are so many companies that have different economic structures. You can invest according to the company’s financial figures and analysts’ recommendations. This helps you in grabbing high profits by taking calculated risks. 
  • So, it’s time to download and start enjoying its benefits for free. This platform is also for beginners in the stock market. Upstox app helps you understand all the investment process scenarios through its “Practice Portfolio” feature. From this feature, you can learn how to gain high profits by analyzing its current status without actually investing actual money.

Once you know how to support it, you can start putting your assets in the stock market. This is the app for all those dreamers who believe in financial independence.

Advantages of using Upstox Pro App

  • Stock Market in Your Pocket:

Stocks and their regular information are essential for every person in business and trader out there. Stocks move up and down in the market, making advance decisions for expense and marketing. Upstox is the best investment app designed for stock lovers and buyers.

  • Best App for Stock Market Investment:

Upstox app is straightforward to use. Just download it from the Google Play Store or App Store. Configure your account and land on the home screen of your application.

Handy tutorials are also available with the application. You need not worry about how to use the application. You can manage applications instantly according to your choice.

The most exciting thing about the application is that you can create a practice portfolio of your own in the application itself. This practice portfolio helps traders predict their profit or loss according to the market’s real-time scenario.

  • Easy Trading With Upstox App:

This portfolio can make you master the trade and help you make the right decisions at the right time. Many other application features help you keep yourself updated according to your comfort. You can also save your favorite companies whose financial information matters to you the most.

You will get push notifications for the selected companies with real-time data. Newsfeeds of the marketing field are also available in the application. You can customize your news according to your choices. Upstox brings exact and current feeds for you from the certified news platforms.

Every trade business is dependent on stock market results. This is why it’s essential to analyze every aspect of the company before making any market decision. The best Stock app, Upstox, is now garnering the interests of the investors these days.

  • Find More Details in Upstox App:

Upstox is the only application for the investing business which provides fantastic new features to independent and millennial traders. The application contains pre-arranged financial information of the publically registered companies.

All data gets updated regularly. Financial portfolios of all the companies are available on Upstox.

  • Upstox Referral Comission and benefits

Upstox shares referral commissions to users who add new customers to Upstox via a Upstox referral code or link. When someone is opening an account with Upstox using your Upstox referral link, you get a benefit of 500 rupees for every successful referral.

Research and Review

The application has its Upstox score feature, which includes parameters like Value, Growth, Quality, and Momentum indicators of the company as per real-time status. You will get up to five swipes in a day for adding to your watch list.

Upstox is the best stock app to use artificial intelligence to update users about the stock market. It also helps users for accurate use of data at the correct point of time.

Final Word:

Upstox Pro app is the best trading app is very serious about its privacy policies. Privacy over technology is a big concern these days. With the Upstox app, you will share your truthful information regarding your investment style.

The app is fully secure, and its privacy policies are so strict that all your confidential information is kept secure.

Upstox is the highest-rated application in the field of the stock market today. Just download it now from App Store and Play Store and enjoy the freedom of investing.

In addition, Upstox offers a new way of earning through Upstox referral. If you open an account with someone’s Upstox referral code/link then you will get Brokerage credit of ₹1000.

Upstox app is one of the fastest-growing applications in the field of the financial market. From minor to major investment, all you can do from this one app.

I hope you like this post, Upstox Referral Code and App Review. If you have any questions then comment to get the answer.

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