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Whenever you are looking to open a demat account with any stockbroker, it is very important that you trust the stockbroker. The first thing that you should keep in mind is the SEBI registration. So, is Upstox SEBI registered?
Yes, Upstox is SEBI registered. So, it is an appropriate platform for you to start your trading journey.
If you are interested in opening a Upstox free demat account , always make sure that you check all the details beforehand. This includes not just checking the brokerage and other charges but also basic details like the SEBI registration etc.
Let us now have a quick look at the Upstox SEBI registration details.
Upstox SEBI Registration Number
SEBI is the regulatory body of the stock market meaning that it keeps a check on th proper functioning. It is mandatory for a stockbroker to e registered with SEBI to have legal status. If any stock broker is not registered with SEBI, then it is not legally authorized to function in the stock market space.
Therefore, Upstox is registered with SEBI so that you can trade effectively, efficiently, and legally.
You can look at the SEBI registration number of the stockbroker so that you can be sure if the stockbroker is registered with SEBI and not. The details of the registration of Upstox is given in the table below.
Apart from these, there are several other registration codes as well. The details of the same are given below.
All these give a surety that Upstox is indeed registered with SEBI. the next question is how to register in Upstox. Let us cover that question in the next segment.
Whenever a trader is opening a Demat account with any stockbroker, the common question remains, Is Upstox safe. Let us sum up the answer to this question in some simple points.
Upstox is registered with SEBI and therefore gives the traders an opportunity to trade effectively and safely.
Upstox was founded in 2009 and over the years, it has garnered the trust of a lot of traders.
They have successfully managed to resolve almost 100% of complaints thus making its customer support very effective.
The trading platforms are also smooth and let the user trade efficiently.
The brokerage charges also stay at ₹20 flat, which is a great one.
Considering all these factors, it is not wrong to say that Upstox is a safe broker to open your demat account and start trading.
How to Register in Upstox?
Planning to invest your hard-earned money in the share market, then it is important to go for a reliable stockbroker like Upstox.
The broker offers a simpler way of
Upstox sign up that can help you to begin trading in no time.
So, if you want to get registered with Upstox, there here is the simple process that helps you to begin your trading journey right away.
Go to the website of Upstox and click on open a Demat account.
Enter the basic details that are required.
Once you have successfully completed this, you need to upload some documents. These include proof of identity, proof of address, signature, and photograph.
You now need to select the segment in which you want to trade.
On successful submission, you will be redirected to the NSDL website for e-sign.
After the successful completion, your account will be activated in 1-2 days.
Experience the seamless way to open a Demat account with the stockbroker
SEBI registration number is very important when you want to open a Demat account with any stockbroker. Upstox is registered with SEBI and is safe to start your trading journey with.
Concerned about the safety and security of the broker, research and analyze the services and reliability by comparing the stockbroker with others in the market.
Begin your research and comparison with Upstox. Here is the complete review of
Groww vs Upstox that helps you in doing a research and choosing the right stockbroker.
If you want to start your trading journey with a reliable broker, open a Demat account now.
Start your stock market investment journey with the seamless account opening process. Get in touch with us and we will assist you in your account opening process.
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