Upstox Affiliate Program: Earn Commission Up to INR 765

Last Updated on June 16, 2025 – by Muskan Sinha

Upstox is a leading stock brokerage firm in India. They aim to make the investment journey for traders and investors more accessible and easier. Upstox provides many services such as equity, commodity, currency, EFT, Mutual funds, IPOs and derivatives. Their platform is also equipped with advanced tools and educational resources which can help both beginners and old investors. With their platform, they want to help people reach their financial goals. They also have a program called the Upstox affiliate program through which their clients can earn great commissions. 

What is the Upstox Affiliate Program? 

Upstox affiliate program allows users to earn an impressive commission up to Rs 765 for promoting the various financial products and services offered by Upstox. Affiliates can share an affiliate link with their friends and family and motivate them to sign up and buy any financial service offered by Upstox. If someone makes a purchase using the affiliate’s link, the affiliate receives commissions for every sale they make. 

Step-by-Step process to join the Upstox affiliate program with us

Step 1: Head to the Monetizedeal website and create an account for free. 

Step 2: Search for the Upstox affiliate program and apply for the same.

Step 3: Wait till you receive the confirmation from our end. 

Step 4: Once approved, you will receive your affiliate link.

Step 5: Start promoting Upstox’s financial products with your friends and family. 

Pros and Cons

• Upstox is a leading brokerage firm and has a good reputation in the market. Affiliates can benefit from promoting their wide range of financial products and services and earn huge profits with their attractive commission rates. 
• Affiliates can only promote products to those who have knowledge or are interested in buying financial services through online platforms. There are certain regulatory norms that affiliates must abide by. 

Campaign Status

Payout Model and Tracking Information

(I) Payout Model

(II) Tracking Information

Benefits of the Upstox Affiliate Program 

Easy to join – This affiliate program is free and easy to join. Affiliates are not required to make an investment in Upstox first to be eligible to become an affiliate. They can simply sign up on Monetizedeal and create an account for free to get their affiliate link. 

Strong Brand Recognition – Upstox is a reputable brand and has big names as its investors like Ratan Tata , Kalaari Capital and GVK David. This builds trust among people and makes it easier for affiliates to promote a well established brand. 

High Commission – This affiliate program offers a competitive commission of Rs 765 to affiliates which is the highest in comparison to other brokerage firms. 

Growing Market – Brokerage firms are becoming quite popular and many people are willing to invest in them for better trade and investment opportunities. Thus, affiliates can benefit by promoting Upstox which is a growing stock broking platform. 

Wide range of services –  Upstox offers a wide range of financial services which cater to different sections of people depending on their financial needs and objectives. Affiliates can promote these services based on the preferences of their audiences. 

Products offered by Upstox 

Is Upstox Affiliate Marketing Worth it? 

This affiliate program can be a great opportunity for people who have the knowledge or are interested in promoting financial services to people who want to better their investment journey. Upstox offers a great commission of Rs 765 to affiliates which is an impressive deal. Affiliates who have the niche and audience wanting guidance to meet their financial goals can truly benefit from this affiliate program. 

Upstox Affiliate Marketing Review

Upstox is a popular brokerage firm which is backed by reliable investors like Ratan Tata and GVK David. This gives enough hope and trust to people to invest in such stock broking platforms. They even provide many educational resources which can help first time investors to have profound knowledge about the market. Affiliates can thus promote their app in such a way that it also entices and gives confidence to people to make an informed decision. 

Upstox also gives benefits to people by taking no account opening charges, which can also be a plus point for affiliates in promoting the brand. The affiliates can face challenges due to this being a niche market and having strict regulations for promotional purposes. However, since many people these days are searching for a trustworthy brokerage firm, affiliates can take advantage of this opportunity and earn huge profits. 

Terms and Conditions 

• Prohibited activities – Affiliates should not indulge in fraudulent activities for promotional purposes. They should also not promote on unauthorised platforms which are not approved by Upstox. Any such activity can result in the termination of your account. 
• Eligibility – Affiliates should be at least 18 years of age to participate in this affiliate program. 
• Payment terms – Affiliates will receive commissions through NEFT. They can ask for a withdrawal by visiting our main page and opting for the withdrawal option. The minimum withdrawal amount is Rs 250. The amount will be directly credited to your bank account within 6-8 business days. 
• Cancellation – If any customer cancels their purchase, then affiliates will not receive commission for such sales. 

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