Upstox Offers Free Demat Account for 7 Days to Increase Investor Participation in the Stock Market

/ -- Free Demat Fest by Upstox from 1st to 7th March, 2019
Attractive opportunity for new investors to enter the stock market for FREE
No brokerage while investing in the stock market with Upstox
Quick, Hassle-free, and Paperless Demat Account Opening Process
Talking about the objective behind organising the Free Demat Fest, Ravi Kumar, Co-Founder and CEO, Upstox says, "Even though the share market makes headlines everyday, less than 2% of the Indian population participates in trading. In other countries, the participation can be anywhere between 20-50%. Our larger objective is financial inclusion. So, we keep coming up with innovative solutions to make it possible. With paperless account opening facility, we tapped into India's growing Internet penetration and empowered Indians to open a Demat account without stepping out of their homes. Now, with the Free Demat Fest, we are stepping up our endeavours to increase investor participation and helping potential investors make the best of this little-explored investment opportunity. We will continue to come up with innovative solutions like this."

Giving insights about consumer behaviour Shrini Viswanath, Co-founder and CTO, Upstox, says that, "Costs and complexities involved in stock market participation have been some of the biggest deterrents for small investors. Statistics show that almost 30% of prospective clients do not end up investing in the stock market because they have to pay an upfront fee to open a demat account. Therefore, we are offering a Free Demat Account, so that users can take their first step into the stock market without any hesitation."
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