Are you looking for a smart way to earn some extra income without any investment? Look no further than the Upstox Refer and Earn program! It’s a simple yet exciting opportunity for anyone interested in the stock market.
Here’s the deal: Upstox, one of India’s leading trading platforms, offers you a chance to earn rewards by inviting others to join their community. For every friend you refer who opens an account and starts trading, you get a cash bonus.
Think about it – we all have friends who are interested in investing or looking for a reliable trading platform. Why not introduce them to Upstox? They get to explore a top-notch trading experience, and you get rewarded for it. It’s a win-win!
So, are you ready to make the most of your network and earn some extra money? Stay with us as we dive into the details of how to join the Upstox Refer and Earn program.
What is Upstox
Upstox Initially known as RKSV is a technology-based online stock-broking firm. A standout feature of Upstox is its cost-effective approach to investing. With charges capped at ₹20 for equity, F&O, commodity, or currency orders, and zero fees on Mutual Funds and IPOs, Upstox has made investing not just accessible but also affordable for the masses.
One of the key features that set Upstox apart is its premium service known as “Upstox Pro.” This service offers enhanced trading options through platforms like Upstox Pro Web and Upstox Pro Mobile, catering to both desktop and mobile users. These platforms allow traders to spot market trends, customize trade chats with over 100 indicators, and maintain an organized trading system.
Let’s Explore the story of Upstox, tracing its path from a small startup to one of India’s biggest trading platforms.
Why Choose Upstox
Upstox is not just a trading platform, it’s a movement towards making investment simple, fair, and accessible to all. Here’s why Upstox is rapidly becoming the go-to choice for Indian investors.
Cost-Effective Trading Solutions
Upstox is renowned for its ultra-low brokerage fees, charging only Rs 20 per trade for Delivery, Intraday, and F&O. This pricing model makes it an attractive option for both new and seasoned traders who are looking for an economical trading platform.
Diverse Investment Opportunities
Upstox provides commission-free Direct Mutual Funds, allowing investors to diversify their portfolios without incurring additional costs. This feature is particularly beneficial for long-term investors focused on building a varied investment portfolio.
Advanced Trading Platforms
The online trading platforms offered by Upstox, both the website and the mobile app, are highly praised for their user-friendliness and advanced features. These platforms cater to the needs of modern traders who require quick and efficient trading tools.
Educational Resources
Upstox has made a commendable effort to provide educational resources for traders. Their education centre includes a YouTube series for beginners and free online trading courses, which are invaluable for new traders looking to understand the market and develop their trading strategies.
Flexible and Efficient Payment
Upstox offers a range of funding methods, including Smart Fund Transfer, NetBanking, UPI Transfer, Google Pay, and more. These methods are designed to be fast and free, catering to the convenience of traders. Withdrawals are straightforward and can be processed directly from the Upstox Pro app.
The platform’s continuous upgrades, including the launch of a newer, faster app with advanced features, demonstrate Upstox’s commitment to staying at the forefront of technological innovation in trading.
The founders of Upstox, Ravi Kumar, Kavitha Subramanian, and Shrini Viswanath, have been instrumental in shaping the platform’s direction and growth. Their backgrounds and dedication to trading and the stock market have been pivotal in Upstox’s success.
Upstox Refer and Earn Program 2024
“Are you an influencer? Do you have a strong presence among your friends? Are you passionate about finance or Share Market? If yes, then seize this opportunity to expand your network and increase your income by partnering with Upstox Refer and Earn Program 2024.
This is an unexplored market of over a billion people. The process is straightforward: simply register as an authorized person through the Upstocks website.
By referring new users, you can earn between Rs 400 to Rs 1200 for every customer who joins Upstox because of your referral. The details of the “Upstox Refer and Earn Program” offer can change daily, and new offers might also be introduced.
As of today, you can earn Rs. 500 for each referral after the new account is activated. Additionally, you can earn a portion of the brokerage fees that Upstox collects from these new customers. This share is about 30 – 50% if you are an Authorized Partner and around 40% if you are a referral agent.
You can earn up to Rs. 25,000 per month, or even more, depending on the number of successful referrals you make.
If you’re interested in the Upstox Refer and Earn Program, here’s a smart way to earn some extra income without any investment. if you have a strong presence among your friends, on social media, or in finance or the share market.
So, what are you waiting for? Open your Upstox account now, share your referral code or link in your circle, and start your earning journey.
How to open Upstox account
If you already have an Upstox account, you can skip this step. Otherwise, first, get your Upstox referral link to join the Refer and Earn Program. Opening an account with Upstox is easy, and here’s a simple guide to help you get started.
Step 1: Sign Up First, click on Open Upstox account and go to the Upstox website or download their app. Look for ‘Sign Up’ or ‘Open an Account’. You’ll need to give your basic information like name, phone number, and email.
Step 2: Upload Documents You’ll need some important documents – your PAN card, Aadhaar card (for address proof), and bank details. Upstox makes it easy to upload these online.
Step 3: Aadhaar E-Sign If your phone number is linked with Aadhaar, you can sign your application form online. It’s fast and saves paper.
Step 4: In-Person Verification (IPV) You have to do an IPV. It sounds serious, but it’s just a quick video of yourself that you can take with your phone or webcam and upload.
Step 5: Wait for Account Activation After you’ve completed all steps, Upstox will check your details. This usually takes a few days. Then, you’ll get an email from them saying your account is ready, and you can ready for the generator upstox refer and earn link!
If you don’t understand this step, don’t worry. For a more detailed guide, you can watch the video below. It will show you step-by-step how to open an account with Upstox. It’s easy to follow and will help you get started.
How to Get Upstox Refer and Earn Link
Now, I’m coming to the section where I’ll tell you how to get your Upstox Refer and Earn link. This is the step to start earning money by sharing your link in your circle. So, let’s find out how to get the Upstox Refer and Earn link and how to share it.
Step 1: Log in to the Upstox app using your 6-digit PIN or Biometrics.
Step 2: Click on the ‘Account’ at the bottom of the screen.
Step 3: Click on ‘Rewards‘.
Step 4: You have two options to invite users:
- Share the link via WhatsApp
- Share using other apps
If you click on ‘Share link via WhatsApp’, a pop-up appears where you can invite your friends via WhatsApp.
Upstox Refer and Earn Terms & Conditions
1. The referral link you share will only be valid for 7 days. This means your friend needs to open an Upstox account within 7 days of signing up through your link for you to earn a reward.
2. If your friend doesn’t complete the account opening process within these 7 days, they won’t be connected to your referral even if you send the link again after 7 days. Instead, they will be considered a regular, non-referral lead in our system.
3. The ‘Refer and Earn’ reward you get will depend on the offer active when your friend completes their mobile number and email verification via OTP for an Upstox account.
4. Remember, referral rewards are only valid for the first 10 successful referrals each month. After that, you won’t get rewards for any more friends you refer in that month. A successful referral means your referred friend has successfully opened their Upstox account.
5. You’ll receive your referral reward only after your friend signs up on Upstox, submits their mobile number, verifies their email address with an OTP, and successfully opens their account within 7 days of signing up using your link.
Upstox Refer and Earn Benefits
Enhanced Trading Opportunities: Participants in the program likely gain access to exclusive trading options or enhanced features on the Upstox platform.
Commission Benefits: Referrers might receive a commission or a percentage of the trading fees generated by the referred individuals, incentivizing the growth of the user base.
Discounted Transaction Fees: Both the referrer and the referred might enjoy reduced transaction fees, making trading more cost-effective.
Access to Premium Features: Special access to premium features or advanced trading tools could be a perk, enhancing the trading experience.
Educational Resources: Exclusive educational materials or webinars might be offered, helping users to make informed trading decisions.
Priority Customer Support: Priority support could be a benefit, ensuring quick and efficient resolution of queries or issues.
Networking Opportunities: Being part of such a program might open doors to networking with other seasoned traders or investors.
Increased Leverage Options: Special leverage options or more favourable terms might be available to participants.
Recognition and Rewards: The program might include a system of recognition or additional rewards based on the number of successful referrals.
Special Offers on New Products: Early access or special offers on new financial products and services launched by Upstox could be a significant benefit.
Upstox Refer and Earn Offer Today?
– As of today, you can earn Rs. 500 for each referral after the new account is activated. if you are an Authorized Partner and around 40% if you are a referral agent.
Upstox Refer and Earn Price?
– By referring new users, you can earn between Rs 500 to Rs 1200 for every customer who joins Upstox because of your referral But the “Upstox Refer and Earn Program” offer can change and new offers might also be introduced.
Upstox Refer and Earn How Much Money?
– You can earn up to Rs. 25,000 per month, or even more, depending on the number of successful referrals you make.
If you’re here, it means you’ve read and fully understood the details of the Upstox Refer and Earn Program and how to join it. Now, it’s your turn to earn money through the Upstox Refer and Earn Program because I’ve explained everything you need to know about it in an easy and simple guide.
You’re probably well aware that in today’s world, investing means engaging in the stock market. More and more people are opening demat accounts and investing in the stock market every day.
A significant aspect of this is how it’s transforming the Indian economy. India is rapidly growing and is on its way to becoming the third-largest economy. This means that the trend in the stock market is on the rise, leading to a surge in the opening of demat accounts in 2024.
Why not be a part of this investment journey within your circle and also earn money through the Upstox Refer and Earn Program? The choice is yours. Goodbye.
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