Open FREE Demat Account within 5 Minutes
Start investing and trading with Upstox by opening free online Demat and Trading account. Enjoy ₹0 account opening, ₹0 Mutual Funds and IPO commission, brokerage ₹20/order, & limited-time offer of 1 month FREE trading.
Start Investing with Upstox
One account for Stocks, Mutual Funds, IPOs, F&O, Commodities, Currencies, ETFs, Bonds and more.
One Demat Account. Multiple Investment Options.
Invest, trade, track and manage your financial products from one Upstox account.
Stocks
Buy and sell shares online with market insights, charts, trending stocks and technical data.
Invest Now →Futures & Options
Trade F&O with option chain, Greeks, PCR, Max Pain and analysis tools.
Start Trading →Commodities
Trade commodity contracts with charting, smartlists and market analysis tools.
Trade Commodities →How to Open an Upstox Demat Account?
Open a Demat Account in 3 Simple Steps with a quick, secure, and paperless online onboarding process.
Verify KYC & Bank Details
Enter your mobile number and complete PAN, Aadhaar and bank verification online.
Complete eSign
Use Aadhaar-based eSign to complete your account opening process digitally.
Download App & Start
Once your account is active, download the Upstox app and start investing or trading.
Why Open an Upstox Demat Account?
Upstox helps you invest, trade, learn and track your wealth from a single account.
Easy Tracking
Track and monitor your investments online through a online Demat account.
Lower Physical Risk
No risk of theft, forgery or misplacing physical investment certificates.
Saves Time
Buy, sell and manage investments online without physical paperwork.
Upstox Demat Account Charges
Transparent pricing for account opening, brokerage, Mutual Funds, IPOs, AMC and limited-time offers.
Documents Required to Open a Demat Account
Opening an Upstox Demat Account generally requires basic KYC documents.
- PAN Card
- Aadhaar Card linked with mobile number
- Bank account details
- Income proof for F&O, Currency and Commodity activation, if required
Need F&O, Currency or Commodity Trading?
Keep income proof documents handy, such as salary slips, bank statement or ITR, as these may be required for derivatives and commodity segment activation.
Start KYC ProcessWhat is a Demat Account?
A Demat account stores your shares and securities in electronic format.
Demat Account Meaning
A Demat account, short for dematerialized account, is used to hold financial securities like stocks, bonds, ETFs, mutual funds and government securities in digital form.
Why It Is Needed
To buy or sell shares in India, you need a Demat account to hold securities and a trading account to place buy and sell orders.
Demat Account vs Trading Account
Both accounts work together, but their purpose is different.
| Trading Account | Demat Account |
|---|---|
| Used to place buy and sell orders in the stock market. | Used to hold shares, bonds, ETFs, mutual funds and securities electronically. |
| Opened through a stockbroker. | Opened through a depository participant connected with CDSL or NSDL. |
| Reflects trading-related transactions and order activity. | Ensures safe digital storage of securities. |
How to Safeguard Your Demat Account
Your Demat account holds your investments, so account safety is important.
Add a Nominee
Nomination helps your family claim securities smoothly in your absence.
Keep Login Details Private
Never share your Upstox login password, PIN or OTP with anyone.
Track Account Activity
Regularly check holdings, transactions and alerts from your broker and depository.
FAQs – Open Free Demat Account with Upstox
Quick answers about Upstox Demat account opening, documents, charges, investment options and onboarding support.
What is a Demat Account?
A Demat account allows you to hold shares and securities in digital format, making investing secure, paperless, and easy.
Is it really free to open a Demat account with Upstox?
Yes, account opening is ₹0 as per the limited-time offer. Other charges may apply as per usage and selected plan.
What are the types of Demat accounts?
The common types are Regular Demat Account for resident individuals, Repatriable Demat Account for NRIs, and Non-Repatriable Demat Account for NRIs.
What are the charges for opening an account?
Account opening is ₹0. Brokerage is up to ₹20 per order. Limited Time Offer: Enjoy 1 month of FREE trading. AMC ₹0 (For the 1st Year)
What documents are required?
You generally need a PAN Card, Aadhaar Card, bank details, and a mobile number linked with Aadhaar.
Who can open a Demat account?
Any Indian resident aged 18 years or above with valid KYC documents can open a Demat account.
Can an NRI open a Demat account?
Yes, NRIs can open repatriable or non-repatriable Demat accounts as per applicable rules and broker process.
Can I have multiple Demat accounts?
Yes, you can have multiple Demat accounts, but only one account per stockbroker is generally allowed.
Can a Demat account be opened jointly?
Yes, a Demat account can be opened jointly with up to 3 holders.
Is a Demat account mandatory for IPO?
Yes, a Demat account is required to receive IPO shares in digital form.
Do I need a Demat account for SIP?
A Demat account is not mandatory for SIP, but it can be useful for managing investments in one place.
What securities can be held in a Demat account?
A Demat account can hold stocks, bonds, mutual funds, ETFs, and government securities.
How long does it take to open an account?
It usually takes 5–10 minutes to apply online and 24 hours Approx for activation after successful verification.
How to add a nominee?
You can add a nominee during account opening or later through the account dashboard, subject to broker process.
Why should I have a Demat account?
A Demat account allows safe storage of securities, easy trading, paperless investing, and real-time tracking of investments.
How to transfer shares online?
You can transfer shares online using CDSL Easi/Easiest or the broker platform, based on the transfer method available for your account.
Can I transfer shares between CDSL and NSDL?
Yes, inter-depository transfers between CDSL and NSDL are allowed.
What are the investment options?
You can invest or trade in stocks, IPOs, mutual funds, intraday, and F&O trading, depending on your activated segments.
What are the features of a Demat account?
Key features include paperless investing, secure digital storage, real-time tracking, and fast execution.
What factors should I consider before opening?
Consider brokerage, AMC, platform usability, customer support, trust, features, and overall account opening experience.
Why open a Demat account with Upstox through you?
We are an Authorized Person of Upstox, officially permitted to assist with Demat account opening. We provide free guidance, faster onboarding support, and dedicated assistance throughout the process. All account openings are done directly on the Upstox platform, ensuring a 100% secure and reliable experience.
Ready to Open Your Upstox Demat Account?
Start your investment journey with a free online Demat and Trading account. Complete your KYC and begin investing in stocks, mutual funds, IPOs and more.
Open Free Demat Account with Upstox