Shoonya (meaning “zero” in Sanskrit) is a modern, technology-driven brokerage platform in India that aims to make investing and trading accessible, cost-effective and powerful for both beginners and experienced traders. Operated by Finvasia Securities Pvt Ltd, Shoonya is a full-fledged member of major Indian exchanges (NSE, BSE, MCX, NCDEX) and enables users to trade and invest across multiple asset classes.
| Services Rating | Shoonya by Finvasia |
|---|---|
| Overall Rating | ★★★★★ |
| Brokerage Charges | ★★★★★ |
| Trading Platform | ★★★★★ |
| Investments Offering | ★★★★★ |
| Customer Service | ★★★★★ |
| Broker Type | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX |
| Active Clients | 152,384 |
| Broker Overview | Shoonya Review |
Account Opening Charges and AMC
Shoonya by Finvasia offers a free trading account and demat account opening and charges an Annual Maintenance Charge (AMC) of Zero.
| Charges | Shoonya by Finvasia |
|---|---|
| Trading Account Opening | Free |
| Trading AMC | Zero |
| Demat Account Opening | Zero |
| Demat AMC | Zero |
| Provide DP Service | Yes |
Brokerage Plans
Shoonya by Finvasia does not offer subscription-based brokerage options with a monthly or yearly plan.
| Plan Types | Shoonya by Finvasia |
|---|---|
| Multiple Plans | No |
| Monthly Plans | No |
| Yearly Plans | No |
Brokerage Charges
Shoonya by Finvasia charges Rs Zero for equity delivery, Rs ₹5 for intraday, Rs ₹5 for futures, Rs ₹5 for options, and Rs 5 for commodity trading. This provides a complete and balanced brokerage structure across all segments.
| Brokerage Charges | Shoonya by Finvasia |
|---|---|
| Plan Name | |
| Equity Delivery | Zero |
| Equity Intraday | ₹5 |
| Equity Futures | ₹5 |
| Equity Options | ₹5 |
| Currency Futures | ₹5 |
| Currency Options | ₹5 |
| Commodity Futures | ₹5 |
| Commodity Options | ₹5 |
| Hidden Charges | Zero |
| Call & Trade Charges | Zero |
| Auto Square off Charges | Zero |
| Brokerage Calculator | Shoonya by Finvasia Brokerage Calculator |
Transactions Charges
| Transactions Charges | Shoonya by Finvasia |
|---|---|
| Equity Delivery | 0.00297% |
| Equity Intraday | 0.00297% |
| Equity Futures | 0.00173% |
| Equity Options | 0.03503% |
| Currency Futures | 0.00035% |
| Currency Options | 0.0311% |
| Commodity |
Account Features
Shoonya by Finvasia provides advanced account features including advanced charting and analysis tools, algo trading support for automation, instant SMS alerts for market updates, online demo sessions and video tutorials, an online portfolio accessible anytime, NRI trading and investment access, making it a complete trading and investment platform suitable for both beginners and professionals. Overall, Shoonya by Finvasia provides advanced account features including easy account setup, smart trading tools, interactive charts, algo trading, online demo guidance, and a personalized online portfolio, making it a complete trading and investment platform for all users.
| Compare Account Features | Shoonya by Finvasia |
|---|---|
| 3-in-1 Account | No |
| Charting | Yes |
| Algo Trading | Yes |
| SMS Alerts | Yes |
| Online Demo | Yes |
| Online Portfolio | Yes |
| Margin Trading Funding Available | Yes |
| Combined Ledger for Equity and Commodity | Yes |
| Intraday Square-off Time | 3:20 PM |
| NRI Trading | Yes |
Trading Platforms
Shoonya by Finvasia provides a seamless trading experience across multiple platforms including a modern web-based trading platform, a mobile-friendly trading interface, an Android trading app, an iPhone trading app, an Android tablet app, an iPad trading app. Traders can access their accounts anytime, whether on web or mobile devices. The software ensures fast execution, stability, and real-time performance for all users.
| Trading Platforms | Shoonya by Finvasia |
|---|---|
| Web Trading Platform | Yes |
| Web Trading Detail | Shoonya |
| Mobile Trading | Yes |
| Mobile Trading App | Yes |
| Android Mobile App | Yes |
| Android App Download | Download |
| iPhone Mobile App (IOS) | Yes |
| iOS App Download | Download |
| Android Tablet App | Yes |
| iPad App (IOS) | Yes |
| Trading Software Charges | Nil |
Broker Ratings
Shoonya by Finvasia maintains impressive ratings with fees rated 4.8, brokerage rated 4.5, platform usability rated 4.6, and customer service rated 4.4. The broker’s overall rating stands at 4.5 out of 5, reflecting its balanced performance across key areas. Overall, Shoonya by Finvasia is recognized for offering dependable service, fair pricing, and a user-friendly trading experience.
| Broker Ratings | Shoonya by Finvasia |
|---|---|
| Fees Ratings | 4.8 |
| Trading Brokerage Rating | 4.5 |
| Trading Platform Usability | 4.6 |
| Customer Service Ratings | 4.4 |
| Overall Ratings | 4.5 |
Investment Offerings
Shoonya by Finvasia offers a wide range of investment options including equity cash and F&O, currency derivatives, commodity trading, online IPO applications, mutual funds, bonds and NCDs, and more — giving investors complete portfolio diversification across equity, debt, and alternative products. Overall, Shoonya by Finvasia ensures a comprehensive investment experience — from IPOs and mutual funds to derivatives and commodities — enabling investors to diversify effortlessly.
| Investment Offerings | Shoonya by Finvasia |
|---|---|
| Equity Cash and F&O | Yes |
| Currency Derivatives | Yes |
| Commodity | Yes |
| Online IPO Application | Yes |
| Mutual Funds | Yes |
| Bond / NCD | Yes |
| ETF | Yes |
| Banking | No |
| Insurance | No |
| Forex | No |
| MF SIP Investment | Yes |
| Equity SIP Investment | Yes |
| PMS Service | No |
| Other Investment Options | Yes |
Customer Support Offered
Explore the range of customer support services offered by Shoonya by Finvasia.
| Customer Support | Shoonya by Finvasia |
|---|---|
| 24/7 Customer Service | Yes |
| Email Support | Yes |
| Online Live Chat | Yes |
| Phone Support | Yes |
| Toll Free Number | No |
| Through Branches | Yes |
| Customer Care Number | +91 97799 02002 |
| Account Opening Process | Online/Paperless |
| Customer Support Email | [email protected] |
| Knowledge Center/Education | https://blog.shoonya.com/ |
| Head Office Address |
|
| Website | https://shoonya.com/ |
Research and Reports
| Research | Shoonya by Finvasia |
|---|---|
| Research Mutual Funds | Yes |
| Research Equity Reports | Yes |
| Research ETF | Yes |
| Daily Market Report | Yes |
| Free Tips | No |
| Quarterly Result Analysis | Yes |
| News Alerts | Yes |
Demat Account Charges
Shoonya by Finvasia offers a Demat account with CDSL as DP source. The annual maintenance charge (AMC) is Zero, and transaction charges per ISIN are . Services like demat, remat, and pledge creation are available for seamless securities management. Shoonya by Finvasia provides a full-featured Demat account with DP source as CDSL, AMC of Zero per year, pledge creation charge of Rs 20 per instruction, demat charge of ₹9 + GST, remat charge of ₹9 + GST, offering a complete and transparent experience for investors.
| Demat Charges | Shoonya by Finvasia |
|---|---|
| DP Source | CDSL |
| DP ID | 12084300 |
| Demat Account Annual Maintenance Charges (AMC) | Zero |
| Advance Deposit | Zero |
| Transaction Charges on Debit (Per ISIN) | |
| Demat | ₹9 + GST |
| Remat | ₹9 + GST |
| Pledge Creation | Rs 20 per instruction |
| Pledge Creation Confirmation | Yes |
| Pledge Closure | Rs 20 per instruction |
| Pledge Closure Confirmation | Yes |
| Pledge Invocation | Rs 20 per instruction |
| Failed Instruction Charges | ₹49 per instruction |
| Other Charges |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| Shoonya by Finvasia |
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User Experience with Shoonya by Finvasia
Account Opening Experience: Opening an account with Shoonya by Finvasia is completely online with Aadhaar-based eKYC. Most users report fast verification and smooth onboarding.
Brokerage & Cost Transparency: Intraday brokerage is ₹5, making it competitive for active traders. Charges are displayed clearly before order confirmation, reducing confusion around hidden costs.
Trading Platform Experience: The mobile trading platform of Shoonya by Finvasia allows real-time execution, advanced charting, and instant portfolio tracking.
Advanced Features: Shoonya by Finvasia provides algorithmic trading support, margin trading facilities, detailed research reports, making it suitable for serious traders.
Customer Support Experience: With a customer service rating of 4.4/5, Shoonya by Finvasia offers support through multiple channels. Response time may vary during peak market hours.
Popularity & Trust: Shoonya by Finvasia serves approximately 152,384 active clients, reflecting strong market presence and investor trust.
Overall Verdict: Based on user feedback and platform usability, Shoonya by Finvasia holds an overall rating of 4.5/5. It is best suited for balanced investors looking for reliability and cost efficiency.
FAQs on Shoonya by Finvasia Review
Yes, Shoonya by Finvasia is considered one of the safest brokers in India. It is a SEBI-registered stockbroker, a member of NSE, BSE, and MCX and has a strong track record of transparency and compliance.
Shoonya by Finvasia offers competitive brokerage charges. Typically, it charges Zero for equity delivery and intraday trades and ₹Yes for F&O trades, making it one of the most affordable brokers in India.
Shoonya by Finvasia provides multiple platforms for trading and investing including mobile and web platforms, offering a smooth, reliable, and user-friendly experience.
You can open an account with Shoonya by Finvasia online through an eKYC process. Online/Paperless Generally, the account gets activated within 24–48 hours once the documents are verified.
Yes, you can invest in direct mutual funds via Shoonya by Finvasia platform. It allows you to buy and manage all your mutual funds online without paying commissions.