Upstox referral code
Open a free demat account with one of India's largest discount brokers.
Nobody has shared a Upstox referral code on RefNook yet.
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Nobody has shared a Upstoxreferral code yet. If you have one, you'll be the first — and every reward it earns is yours.
Share your codeWhy you can trust these codes
- Every code shows the date it was last confirmed working.
- Codes people report as broken sink down the list — we don't quietly delete them.
- Shared by people who earn when you use them, so they have reason to keep them live.
- No account needed to copy a code.
Reward details
- You get
- Nothing — this offer pays the sharer only
- To qualify
- Referred friend downloads the app via the referral link and opens an account within 7 days
- Who's eligible
- Referrer must have placed at least one trade in the last 365 days to withdraw the reward
- Paid as
- Vouchers redeemable across multiple brands, credited to the referrer's Upstox account
- Paid within
- By the 1st or 16th of the following month
Upstox's own referral page (upstox.com/refer-and-earn/) states the reward as vouchers redeemable across multiple brands, credited to the referrer's account. It gives no rupee amount and says nothing about the person who signs up receiving anything, so we show none. Checked 26 Aug 2026.
Upstox is a SEBI-registered discount broker headquartered in Mumbai, offering trading and investing in stocks, mutual funds and derivatives. Its refer-and-earn programme currently pays only the person who shares the link: Upstox's own referral page states the reward as vouchers redeemable across multiple brands, without a rupee figure, and says nothing about the person who signs up receiving anything. If you're opening an account anyway, using someone's link costs you nothing and credits them — it isn't a joining bonus for you.
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Upstox referral FAQ
Will I get anything for opening an account through this link?
No. Upstox's referral page states the reward as vouchers for the person who shares the link, and says nothing about the person who signs up receiving anything.
How much is the voucher worth?
Upstox doesn't say. Its own referral page describes vouchers redeemable across multiple brands with no rupee figure, so we don't list one — we're not going to guess at a number the way some affiliate sites do without sourcing it.
Is there a catch to opening an account this way?
Standard Upstox brokerage and account charges apply either way. The referral only affects who gets a voucher afterward, not what you pay to open or use the account.
RefNook is an independent marketplace and is not affiliated with Upstox. Codes are shared by the community; reward amounts and terms are set by the brand and can change without notice.