Upstox is an application for Android that is developed in collaboration with a well-known Indian broker. It allows novice traders and professionals to invest in currencies, options, commodities, securities, stocks, and so on.
Authorization
Only registered and verified customers can use this platform. To create an account, they need to provide an email address, and phone number, as well as provide some electronic documents.
Strategies and trading
The application has a section with news, educational materials, answers to frequently asked questions, and analytical articles. It recommends low-risk options to traders. It is possible to use ready-made strategies and market movement forecasts.
This broker provides both spot and margin transactions. It is possible to receive credit from the exchange for up to 50 percent of the transaction. There are GTT orders with Stop Loss and Profit Target functions.
Users can apply an option for fast trading in one click. Also, there is a separate tab where the TradingView charts are located. They display more than 100 different stock indicators.
Additional options
This app sends notifications to users about changes in prices. There is also detailed information about companies and corporations. Traders can use the brokerage calculator to determine fees and commissions.
Features
- is developed by a well-known Indian broker;
- provides both spot and margin transactions, similar to Scottrade;
- users can invest in stocks, currencies, commodities, etc.;
- app is free to download and use;
- compatible with current Android versions.
