Shoonya
Discount Broker
About Broker
Shoonya, created by Finvasia, is a discount stockbroker that revolutionizes trading by offering commission-free trading across all segments and exchanges in India. It is the first of its kind in the country and was launched in 2013. As of March 2024, Shoonya has an active client base of 113,306.
Product Basket
The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
Brokerage Plan
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Charges
account opening
Zeroaccount maintenance
Zerocall trade
ZeroBrokerage
equity delivery
Zeroequity intraday
Zeroequity futures
Zeroequity options
Zerocurrency futures
Zerocurrency options
Zerocommodity futures
Zerocommodity options
ZeroMargins
Equity Delivery
1x As per exchangeEquity Intraday
Upto 5x As per exchangeEquity Futures
1x As per exchangeEquity Options
1x As per exchangeCurrency Futures
1x As per exchangeCurrency Options
1x As per exchangeCommodity Futures
1x As per exchangeCommodity Options
1x As per exchangePlatforms Offered
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Other Details
Advantages and Strengths of this broker.
Shoonya offers commission-free trading on all segments and exchanges.
There are no hidden charges or fees.
Shoonya provides a user-friendly trading platform.
Opening a demat and trading account is free.
Call and trade services are provided at no cost.
Customer service can be accessed via phone, email, live chat, and by creating a support ticket.
Disadvantages of this broker that it needs to improve upon.
Shoonya does not offer a 3-in-1 account.
Although there is no brokerage fee and no software charges, customers are still required to pay for depository charges, taxes, etc.
Shoonya does not provide margin funding services.
As an online broker, Shoonya does not have branches for local support.
Additional Features
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Other Investment Options
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
Equily Charges
transaction charges
BSE: NA
NSE:
clearing charges
--
dp charges
₹9 per scrip (Selling scrip charges)
gst
18% on Brokerage + Transaction
stt
0.1% on buy & sell
sebi charges
₹ 10/Crore
transaction charges
BSE: NA
NSE:
clearing charges
--
dp charge
--
gst
18% on Brokerage + Transaction
stt
sell side, 0.25%
sebi charges
₹ 10/Crore
transaction charges
BSE: NA
NSE:
clearing charges
dp charge
--
gst
18% on Brokerage + Transaction
stt
sell side, 0.0125%
sebi charges
₹ 10/Crore
transaction charges
NSE:
clearing charges
dp charge
--
gst
18% on Brokerage + Transaction
stt
sell side, 0.0625% per Lacs
sebi charges
₹ 10/Crore
