About Broker
Shoonya, developed by Finvasia, is a discount stockbroker that transforms trading by providing commission-free trading across all segments and exchanges in India. It is the first platform of its kind in the country, 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
Account Maintenance
Call Trade
Brokerage
Equity Delivery
Equity Intraday
Equity Futures
Equity Options
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Margins
Equity Delivery
Equity Intraday
Equity Futures
Equity Options
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Platforms 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
Pros
Advantages and Strengths of this broker.
- ⮚Shoonya provides commission-free trading across all segments and exchanges.
- ⮚No hidden fees or charges are applied.
- ⮚Shoonya offers a trading platform designed for ease of use.
- ⮚Opening a demat and trading account comes at no cost.
- ⮚Call and trade services are available free of charge.
- ⮚Customer support is accessible through phone, email, live chat, and support tickets.
Cons
Disadvantages of this broker that it needs to improve upon.
- ⮚Shoonya does not provide a 3-in-1 account.
- ⮚While there are no brokerage fees or software charges, customers must still pay depository fees, taxes, and other applicable charges.
- ⮚Shoonya does not offer margin funding services.
- ⮚Being an online broker, Shoonya does not have physical branches for local support.
Additional Features
Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.
Additional Features
Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.