Trading Manually verified: July 2026 by ReferBenefits Team

Upstox Referral Code & Sign Up Bonus

Maximize your rewards when creating a new account.

Your Sign-Up Reward

Get a signup bonus of Upto ₹200 upon successful account opening and first trade.
Referral Code:5YCK7R
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Claim Upto ₹500 on Upstox

By using our link/code, we may earn a commission: "Earn Upto ₹200 when your friend successfully opens an Upstox account and completes their first trade.". This helps keep ReferBenefits free!

How to Claim Your Bonus

ℹ️ Outbound links on this page are affiliate links.
1

Click on the referral link: https://upstox.onelink.me/0H1s/5YCK7RR. This link should auto-apply the referral code.

2

You will be redirected to the Upstox account opening page. Enter your mobile number and get an OTP to verify.

3

Proceed with the digital account opening process. You will need to provide your PAN, Aadhaar details, bank account information, and other personal details.

4

During the signup process, ensure that the referral code 5YCK7R is visible or enter it manually if prompted (though usually it's pre-filled via the link).

5

Complete your KYC (Know Your Customer) verification by uploading necessary documents and completing in-person verification (IPV) if required, typically via a live video call or photo upload.

6

E-sign your application using Aadhaar OTP.

7

Once your account is successfully opened and activated, fund your Upstox trading account.

8

Make your first trade (e.g., buy a stock or invest in a mutual fund) to trigger the referral bonus.

9

Your bonus (Upto ₹200) will be credited to your Upstox account within the stipulated time frame, as per the offer terms and conditions.

✅ Pros

  • Low brokerage charges, especially for equity delivery (often zero).
  • User-friendly trading platform and mobile app for seamless experience.
  • Wide range of investment options: Stocks, Mutual Funds, F&O, Commodities, Currencies.
  • Advanced charting tools and technical indicators for informed trading decisions.
  • Fast and fully digital account opening process.

❌ Cons

  • Customer support response times can sometimes vary.
  • Some advanced features might have a slight learning curve for absolute beginners.
  • Brokerage for F&O is flat per trade, which can add up for very high-frequency traders.

Upstox: Your Gateway to Smart Investing and Trading

Upstox, a leading discount brokerage firm in India, has rapidly gained popularity among both novice and experienced investors. Powered by robust technology and a commitment to low-cost trading, Upstox makes stock market investing and trading accessible to millions. Whether you're looking to invest in equities, explore mutual funds, or dive into futures and options, Upstox offers a comprehensive platform designed to meet your financial goals.

Why Choose Upstox?

  • Affordable Trading: Enjoy zero brokerage on equity delivery trades and low flat rates for intraday, F&O, commodities, and currencies. This cost-effectiveness helps you maximize your returns.
  • Intuitive Platform: The Upstox Pro web and mobile app boast a clean, user-friendly interface. It's packed with advanced charting tools, real-time data, and various order types, making it easy to analyze markets and execute trades efficiently.
  • Diverse Investment Opportunities: From direct equity investments to diversified mutual funds, and from speculative F&O to commodity and currency trading, Upstox provides a wide spectrum of investment avenues under one roof.
  • Fast & Paperless Account Opening: Open your Demat and trading account completely online in a matter of minutes, with minimal documentation.
  • Reliable & Secure: Upstox is a SEBI registered broker, ensuring a regulated and secure environment for your investments.

Maximizing Your Upstox Sign-Up Bonus

By using a referral code like 5YCK7R, new users can unlock exciting benefits upon successfully opening an account and completing their first trade. While the exact bonus can vary, it often includes a cash bonus or brokerage credits, giving you a head start on your investment journey. This is a fantastic opportunity to explore the markets with an added incentive.

Who is Upstox For?

Upstox is ideal for:

  • Beginners looking for an easy-to-use platform with low entry barriers.
  • Active traders who value advanced tools and low brokerage costs.
  • Long-term investors seeking a reliable platform for equity and mutual fund investments.
  • Anyone wanting a one-stop solution for diverse financial market participation.

Join the Upstox community today and take control of your financial future with a platform that combines technology, affordability, and a wide range of investment options.

Frequently Asked Questions

What is Upstox?

Upstox is a leading discount brokerage firm in India, offering a platform for trading and investing in stocks, mutual funds, futures & options, commodities, and currencies at low brokerage charges.

How do I get the Upstox referral bonus?

To get the referral bonus, click on the provided referral link, complete your Demat and trading account opening process, ensure the referral code <strong>5YCK7R</strong> is applied, and then make your first trade. The bonus will be credited as per the offer terms.

Is Upstox safe for investing?

Yes, Upstox is a SEBI-registered stockbroker and a member of leading exchanges like NSE, BSE, and MCX. It employs robust security measures to protect your investments and personal data, making it a safe platform for investing.

What are the charges for trading on Upstox?

Upstox offers zero brokerage on equity delivery trades. For intraday, F&O, commodities, and currencies, they charge a flat fee of ₹20 per executed order or 0.05% (whichever is lower).

⚠️ Disclaimer

Please independently verify all details and terms of service of the third-party apps or platforms before participating. ReferBenefits is not responsible for any direct or indirect financial outcomes, profits, or losses.

All referral links and promo codes are provided for informational and promotional purposes only. We aim to keep listings accurate, but we do not guarantee the availability or validity of third-party offers.

Engaging with external services and using these codes is done entirely at your own discretion and risk.

Please make financial decisions responsibly. 🙏