How to buy shares from Upstox?
Posted: Jan 14, 2021
Do youknow that more and more literacy among the new generation of India is leading the youth to step towards the share market? The glamorous and luxurious lifestyle of the current successful Indian investors is also one of the main factors that induce the other Indians to move into the same walk.
Among all these new waves of curiosity for the share market, all the beginners out there are trying one or the other way to learn and analyze the stock market. They are learning various things related to the stock market, one among which is, how to buy shares?
Well, in today’s world where everything is shifting to online platforms, the stock market has also gone online. There are a number of discount brokers who are available right on your mobile phones and PCs. You could trade, buy shares, hold shares as well as sell shares via these online platforms only. One of the most popular platforms for online trading is Upstox. So, let us just figure out the queries of upstox's users and learn how to buy shares from the upstox.
The company, Upstox is a tech-first low cost broking company in India that is giving trading opportunities at invincible prices. This company provide trading on several segments such as commodities, equities, currency, futures, options which are susceptible on its Upstox Pro Web as well as on Upstox Pro Mobile trading platforms.
Upstox is funded by a group of investors which encompasses Kalaari Capital, Ratan Tata and GVK Davix.
This trading platform offers trading, analysis, charting and many other prosperous trading features. This platform makes it susceptible and simple to place orders via mobile phones as well as web browser. Upstox trading outlet is built on Omnisys NEST OMS (Order Management System) and Omnisys NEST RMS (Risk Management System).
The best thing about Upstox is that it offers totally free trading account and also free trading in Equity Delivery segment. Trading in Equity F&O, Equity Indra-day, Currency Derivatives and commodities is accessible through Upstox Pro only. UpStox Pro is nothing but the paid service of UpStox for traders.
How to buy shares fromI the upstox pro app?
Given below are the steps following which you could buy stocks in Upstox Pro Mobile.
Firstly, download and open the Upstox Pro Mobile application on your mobile phone.
Then, you are required to Login with user id and password.
Now Open the 'Watchlist'. This is available at the first button at the bottom.
Search and add the stock of your choice.
Click the green 'Buy' button which you can see at the bottom of your screen.
Points to be kept in mind :-
There are some points which are crucial for you are planning to trade in share market. These two points are listed below:
Firstly, Shares are credited in demat account aafter period of T+2 days where T is nothing but the day of trading.
Second, Equity delivery brokerage is free for the trader with upstox but you still have to pay the taxes. That’s mandatory!
Can one buy international shares through the upstox?
A lot of new traders in the market come across the dilemma of whether they can buy international shares from such online platform?
Well, the answer is yes. Of course, you could buy the shares of any of the international companies from the website or the mobile phone application of the upstox. We just have to see how that is possible.
How to buy international stocks in upstox?
1.Open demat account in upstox
Firstly, you will be required to fill up the paperless form available on the online platform itself. And after the filling you just have to click on the submit for verification.
2.Opt for Upstox Global Investments Account
Now once your demat account is opened with the upstox, you are then just required to upgrade your account for global investing via the upstox pro mobile app.
3.Finally, Get access to the Upstox Global Investments Platform
Lastly, after switching your account you will just receive your login credentials like ID and password and now you are all set to start using your Global account for trading in international stocks.
Note: Get the unbiased review of Upstox and check its opening charges. With the help of advanced features and unbiased Upstox reviews on Select, open an investment account that suits your needs and get rewarded as well.
Can a person buy shares after upstox closed?
A great confusion among the traders is that could they trade even if the trading platform is closed, i.e, after the trading time.
Well, You could plan your orders at leisure even after researching about the markets and it’s conditions that are prevailing, before the market opens and place an order after the market closes. You could place the order with online trading platform upstox, between 6:30 PM and 12:00 AM or between 4:00 AM and 9:00 AM. The after market order of you will be enforced at 9:15 AM at the start of the next trading day, that means the date ahead.
As it was said above that financial literacy has created the drive among the youth to explore the stock market and invest in it. This drive has led the people move on to such apps rather than the regular social media apps, like Instagram and a
One platform leading the youth towards investing in the world in a more easy and reliable manner is upstox. This company provides trading on several segments such as commodities, equities, currency, futures, options. Upstox is the new technology of the market providing all possible services to it’s customers in the fastest way leading to it’s increased customer base. It would soon be the future of the trading world.
For all those users who are facing difficulties in buying the shares from this discount broker can once again read the above article for their proficiency. By this, you will be all ready to enter the trading world with a blast and will hopefully also make a big name in the trading world.
Happy (and smart) trading!!
S. Vishwa is web marketing analyst at Finology Ventures. With 5+ years of web marketing experience, joined a Fintech company to help people to learn and earn more.