Upstock
What is Upstock?
Upstox is a prominent Indian fintech company and discount brokerage platform founded in 2009. It aims to make financial investing simple, affordable, and accessible, particularly for investors in tier-two and tier-three cities. With around 17 million registered users, Upstox reported a revenue of ₹1,311 crore for FY24 and a net profit of ₹190 crore, showcasing its strong market presence. The company operates as a technology-driven stockbroker registered with major Indian stock exchanges. Upstox offers a range of financial products and services, including mobile and web-based trading platforms for equities, derivatives, commodities, currencies, and digital gold. Customers can open free Demat and trading accounts with zero account opening fees and a flat brokerage fee of Rs. 20 per executed order. The platform also features advanced trading tools, educational resources, and a global investment account for diversifying portfolios across international markets. Security and compliance are prioritized, ensuring safe transactions and a reliable trading experience.
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