Upstox Referral Code 2026 [EB8838]: Open FREE Demat & Trading Account

Use Upstox Referral Code EB8838 in 2026 to open a FREE Demat & Trading Account. Enjoy ZERO AMC, ₹40K interest-free margin, and zero brokerage benefits.

Upstox is one of India’s leading online trading and investment platforms, trusted by millions of investors. With a paperless account opening process and an easy-to-use app, you can invest in stocks, IPOs, mutual funds, ETFs, F&O, and more from one place.

In this guide, you’ll find the latest Upstox Referral Code 2026 (EB8838), referral benefits, account opening steps, and everything you need to know before creating a FREE Demat & Trading Account. Backed by renowned investors like Ratan Tata and Tiger Global Management, Upstox is known for its fast, secure, and beginner-friendly investing experience.

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Upstox Referral Benefits:

Here is the Upstox Referral Benefits:

• FREE Demat + Trading account.
• Stock like you shop
• 💸 Buy Top Funds & Insurance
• 📰 News & expert insights
• 📈 Pro Mode to trade in F&O
• ₹20* per order for Intraday & F&O.

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.

or

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

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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:

• Go to the Upstox online demat account opening page.
• Enter your ’email address’ and ‘mobile number’ and click ‘SEND OTP’.

• 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:

Opening an Upstox Demat & Trading Account comes with several advantages for both beginners and experienced traders. Here are some of the key benefits:

• Paperless Account Opening: Complete your KYC online and open your account in just a few minutes.
• User-Friendly Trading App: Easy-to-use mobile and web platforms with a clean interface.
• Invest Across Multiple Asset Classes: Trade and invest in stocks, IPOs, mutual funds, ETFs, Futures & Options (F&O), commodities, and more from a single account.
• Fast Order Execution: Experience quick and reliable order placement with real-time market data.
• Advanced Trading Tools: Access charts, technical indicators, watchlists, alerts, and market insights.
• Secure & Trusted Platform: Upstox is one of India’s leading discount brokers, trusted by millions of investors.
• Competitive Brokerage Plans: Benefit from transparent pricing and cost-effective trading charges.
• Easy Fund Transfer: Instantly add or withdraw funds using UPI, net banking, or linked bank accounts.
• Portfolio Tracking: Monitor your investments and trading performance in one place.
• Referral Benefits: Use Upstox Referral Code EB8838 while signing up to become eligible for the latest referral offers, subject to Upstox’s terms and conditions.

These features make Upstox a popular choice for anyone looking to start investing or trading in the Indian stock market with a modern and beginner-friendly platform.

Final Word:

If you’re looking for a reliable and beginner-friendly platform to start investing, Upstox is an excellent choice. With its paperless account opening process, easy-to-use mobile app, and access to stocks, IPOs, mutual funds, ETFs, F&O, and more, Upstox makes investing simple for both beginners and experienced traders.

To get started, use the Upstox Referral Code 2026 – EB8838 while opening your FREE Demat & Trading Account. Complete your online KYC, activate your account, and begin your investment journey with one of India’s most trusted trading platforms.

Referral Code: EB8838
Offer: FREE Demat & Trading Account

Disclaimer: Referral benefits, brokerage charges, and promotional offers may change at any time. Please verify the latest terms and conditions on the Upstox app or official website before opening your account.

FAQs:

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Zerodha Referral Code 2026 [OP5000] | Refer & Earn 10% Brokerage + 300 Reward Points