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What is Upstox demat account?

Upstox is an online discount broker in India that offers demat account services. A Demat account is a digital account used for holding and managing securities such as stocks, bonds, mutual funds, and other financial instruments in an electronic form. With a Demat account, investors can buy and sell securities online, track their investments, and receive dividends and interest payments directly into their accounts.

Upstox demat account offers various benefits to investors such as a seamless trading experience, real-time tracking of investments, instant transfer of funds, low brokerage charges, and high-quality research and analysis tools. The account can be opened online by completing the necessary KYC (know your customer) process and linking it to a trading account.