How to earn money from upstox without investment

Upstox Referral AgentUpstox runs a Partner Program wherein you can become a sub-broker and start referring customers from your network and outside, and earn commissions when they trade. You can earn 2 ways in this program: Earn a part of the brokerage paid by your referrals. Earn incentives for referrals when they open a Upstox account. 

 Upstox runs a Partner Program wherein you can become a sub-broker and start referring customers from your network and outside, and earn commissions when they trade. You can earn 2 ways in this program: Earn a part of the brokerage paid by your referrals Earn incentives for referrals when they open a Upstox account Upstox Pros (Advantages) The following are the advantages of Upstox. 

You must read Upstox advantages and disadvantages before opening an account with Upstox. Upstox pros and cons help you find if it suits your investment needs. Rs 0 Demat account maintenance charges. Flat Rs 20 per trade brokerage across all segment including delivery, intraday and F&O at BSE, NSE and MCX. Mobile trading app available for both Android and iOS phones. No software uses charges. After Market Order (AMO) and Cover Order are available on both web and mobile. Trailing-Stop/Stop-Loss (SL) is available in both web and mobile. 

 Good-Till-Triggered (GTT) orders are available in Equity and commodity. Upstox Pro Web Trading Platform offers multiple indicators to monitor markets on-the-go. Upstox Bridge for AmiBroker helps you to code & execute your trading strategy using the AmiBroker AFL editor. Upstox Developer Console helps you build (code) your own trading app using languages such as Python. 

 Upstox Option Chain Tool helps traders find out Spot, Future prices, vertical comparison of rates, get details such as circuit levels, Open High Low Close and market depth. It allows customers to measure volatility, open Interest, performance indicator and check greeks as well. Upstox MF Platform offers 1000's of Mutual Funds to invest in.

 Customers can choose Lumpsum or SIP pattern of investing. Margin Against Shares is available. Online IPO Application (UPI) is available. Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000 Upstox Cons (Disadvantages) The following are the cons of Upstox. Check the list of Upstox drawbacks. Equity delivery brokerage is Rs 20 per trade. Most other brokers offer brokerage free investment in stock market. 

 Margin Funding is not available on delivery trades. Upstox doesn't offer unlimited monthly trading plans. Call and trade fee is charged at extra Rs 20 per executed order (Rs 20 Brokerage + Rs 20 Call & Trade Fee). Additional Rs 20 per executed order is charged for Intraday square MIS/BO/CO orders when they are not square off by the customer. Doesn't provide stock tips or recommendations. 3-in-1 accounts are not available as company doesn't provide banking services. 24/7 customer service is not available. 

 Upstox NRI Trading and demat account is no more available (since Jan 2018). Upstox doesn't offer API access for automated trading. Upstox Margin Exposure Upstox margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Upstox F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Upstox F&O carry forward positions and equity delivery trades. 

 Upstox runs a Partner Program wherein you can become a sub-broker and start referring customers from your network and outside, and earn commissions when they trade. You can earn 2 ways in this program: Earn a part of the brokerage paid by your referrals Earn incentives for referrals when they open a Upstox account Note: Any individual or company can become a upstox partner. 

 No need for physical office or infrastructure. Website, YouTube channel, Blog, etc. owners can also become a partner. Only brokerage earnings are shared. Earnings from other sources i.e. Demat AMC, Demat Charges, Transaction Charges, Interest earning, software charges, etc. are not shared with a partner. Partners get absolute freedom. No targets and no sells-pressure. Excellent online partner portal to track your earnings and manage your clients.

Upstox Referral Agent

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