Overview

Shoonya revolutionizes Indian trading with lifetime zero brokerage on equity delivery and mutual funds, eliminating commission costs entirely for long-term investors. The platform charges minimal fees of just 0.03% or ₹5 for intraday and F&O trading, making it one of India's most affordable brokers. Perfect for cost-conscious investors and traders seeking AI-powered insights through exclusive I Know First integration analyzing 1,500 stocks daily. With SEBI regulation and access to NSE, BSE, MCX, and NCDEX exchanges, Shoonya combines institutional credibility with retail-friendly zero-cost structure.

Pros

↑Zero brokerage on equity delivery and mutual funds permanently
↑AI-powered stock predictions for 1,500 Indian stocks daily
↑Free API access for algorithmic trading automation

Cons

↓No margin funding or leverage facilities available
↓Online-only broker without physical branch network
↓Platform stability issues reported by some users

Key Highlights

Welcome Offer
No current promotions

Trading Costs
₹0 delivery brokerage
Lifetime zero brokerage on equity delivery trades
Zero commission on mutual fund investments
Only pay statutory charges exchange fees and taxes
No account maintenance or platform fees

Assets & Markets
₹5 flat intraday
Equity intraday: 0.03% or ₹5 whichever lower
Equity futures: 0.03% or ₹5 whichever lower
Equity options: Flat ₹5 per executed order
Commodity and currency trading available

Why Choose?
AI stock predictions
I Know First AI analyzes 1,500 Indian stocks
Daily predictions for large, mid, and small caps
Color-coded buy and sell signals
Heatmaps across 6 timeframes from 3 days to 1 year
Subscription: ₹999 per month after trial

Regulation & Safety
SEBI regulated
SEBI registration number: INZ000176037
Member of NSE, BSE, MCX, NCDEX
Finvasia Securities Private Limited
Client funds segregation maintained
Regular regulatory compliance audits

Account Minimum
₹0 account opening
No account opening fees
No minimum deposit required
No annual maintenance charges
No inactivity fees
Start investing immediately after account approval

Key Benefits

Trading Costs

★4.8

▼

Zero brokerage on equity delivery and mutual funds
Intraday/F&O: 0.03% or ₹5 whichever lower
Options: Flat ₹5 per order very competitive
No account fees, AMC, or platform charges
Only statutory charges apply exchange fees and taxes
Free API access for algorithmic trading

Platform And Tools

★3.8

▼

Web and mobile platforms available
Desktop EXE version for advanced traders
TradingView chart integration
Bracket orders, basket orders, order slicing
Option chain analysis tools
Basic interface needs improvement per user feedback

Research And Analysis

★4.2

▼

I Know First AI predictions for 1,500 stocks
Daily top 60 stock picks across market caps
Color-coded buy sell signals with confidence levels
Heatmaps for 6 different timeframes
Portfolio monitoring with AI predictions
Limited fundamental research reports

Mobile Trading

★3.5

▼

iOS and Android apps available
Full trading capabilities on mobile
AI predictions integrated in mobile app
Some users report stability issues
Mixed app store ratings
Interface needs refinement for F&O trading

Account Features

★4.0

▼

Zero account opening and maintenance
Quick 5-minute online onboarding
Multiple payment options UPI, RTGS, virtual account
Direct pledge facility through app
IPO applications with UPI
No 3-in-1 account or margin funding

Security And Trust

★4.2

▼

SEBI regulated INZ000176037
Member of NSE, BSE, MCX, NCDEX
Finvasia Securities parent company established 2009
Two-factor authentication mandatory
Client fund segregation maintained
Compensated clients after past technical glitch

Customer Support

★3.7

▼

Phone, email, and live chat support
Ticket system through PRISM portal
24-hour ticket resolution commitment
No physical branches for in-person support
Support quality improving after past issues
English and Hindi language support

Educational Resources

★3.3

▼

Blog with trading guides and tutorials
Market analysis articles
Platform usage guides
Limited structured courses
No webinar series
Focus more on platform features than education

Available Tools

Trading Tools

▼

Paper Trading	×
Margin Trading	×
Zero Commission	✓
Fractional Shares	×
After Hours Trading	×

Automation

▼

Dca	✓
Algo Trading	✓
Grid Trading	×
Trading Bots	×
Robo Advisory	×
Sentiment Analysis	×
Social Copy Trading	×
Ai Trading Assistant	✓

Advanced Tools

▼

Api Access	✓
Basket Trading	✓
Options Strategies	✓
Smart Order Routing	×
Backtesting Capabilities	×

Detailed Information

Commission Tiers	Single flat rate structure for all users No volume-based tiers or discounts Zero brokerage for equity delivery regardless of trade size Minimal ₹5 flat rate for F&O options
Trading Fees	Equity delivery: ₹0 brokerage Equity intraday: 0.03% or ₹5 whichever lower per order Equity futures: 0.03% or ₹5 whichever lower per order Equity options: Flat ₹5 per executed order Commodity and currency: Similar low rates apply
Stock Etf Commission	Delivery: ₹0 Intraday: 0.03% or ₹5 whichever lower
Options Commission	Flat ₹5 per executed order
Futures Commission	0.03% or ₹5 whichever lower per order
Financing Rates	No margin funding available No leverage facilities provided Cash-only trading model
Overnight Fees	Not applicable, no margin funding
Non Trading Fees	Zero account opening fees Zero annual maintenance charges AMC Zero call and trade charges Zero clearing charges on NSE and BSE Zero platform or software fees Zero auto-squared-off charges
Deposit Fee	₹0 for all deposit methods
Withdrawal Fee	₹0 for standard withdrawals Bank charges may apply for certain methods
Currency Conversion Fee	Not applicable, INR only
Data Feed Fees	Free real-time data from all exchanges
Order Modification Fee	₹0
Vip Fee Tiers	No VIP program Same zero-brokerage rates for all clients

Minimum Spreads	Exchange-determined spreads
Maximum Leverage	No leverage or margin funding available Cash-only trading model
Margin Call Level	Not applicable
Stop Out Level	Not applicable
Negative Balance Protection	Yes, cash-only model prevents negative balance
Settlement Period	T+2 for equity T+1 for F&O
Order Execution Quality	Direct market access to exchanges Smart order routing not available Standard exchange execution protocols

Stocks Count	5,000
Etfs Count	200
Crypto Count	0
Forex Pairs Count	0
Product Universe Overview	Complete NSE and BSE stock coverage Equity derivatives futures and options Commodity trading on MCX Currency derivatives on NCDEX 3,000+ direct mutual funds ETFs, bonds, and IPO access
Geographic Market Coverage	India only: NSE, BSE, MCX, NCDEX No international market access Focus on Indian equity and derivatives
Major Markets Details	NSE: Complete equity and derivatives BSE: Full stock exchange coverage MCX: Commodity futures and options NCDEX: Agricultural commodities and currency
Emerging Markets Details	No access to other emerging markets India-focused platform only
Base Currencies Supported	INR only

Trading Platforms Overview	Shoonya web platform Mobile apps for iOS and Android Desktop EXE application PRISM client portal for account management Beta web platform for advanced features
Desktop Platform	Shoonya desktop EXE version TradingView chart integration Advanced order types Technical indicators Multi-monitor support
Mobile App	iOS and Android native apps Full trading functionality AI predictions integrated IPO applications Real-time quotes and charts Some stability issues reported
Web Platform	Browser-based trading No download required TradingView charts Order management Portfolio tracking Beta version with enhanced features
Trading Tools And Features	TradingView advanced charting Bracket orders for risk management Basket orders for multiple stocks Order slicing for large orders Option chain analysis Technical indicators
Charting And Technical Analysis	TradingView integration Multiple chart types Technical indicators Drawing tools Real-time data streaming Multiple timeframes
Risk Management Tools	Bracket orders Stop-loss and target orders Position monitoring Margin calculators Risk alerts Pledge facility for additional margin
Order Types Available	Market orders Limit orders Stop-loss orders Bracket orders Basket orders After-market orders AMO Good-till-cancelled orders
Integrations And Api Access	Free API access for algo trading RESTful API available Integration with AlgoTest Backtesting support through third parties No rate limits on API
Third Party Platforms	TradingView charts AlgoTest integration I Know First AI predictions
Api Rate Limits	No rate limits Free API access
Algo Trading Support	Yes, free API for algorithmic trading Build, backtest, and execute strategies Python and other language support

Customer Support Overview	Phone, email, and live chat Ticket system through PRISM portal 24-hour resolution commitment No physical branches English and Hindi support
Phone Support Hours	Business hours Monday to Friday Contact details on website
Live Chat Availability	Available on website and app
Email Response Time	Within 24 hours Support email: [email protected]
Languages Supported	English, Hindi
Local Office Presence	Headquarters in Chandigarh No physical branch network Online-only broker
Account Manager	Not provided for retail accounts
Educational Resources Overview	Blog with trading guides Platform tutorials Market analysis articles Limited structured courses No comprehensive training program
Beginner Resources	Basic trading guides Platform usage tutorials Account opening guides
Webinars And Tutorials	Limited webinar offerings Video tutorials available
Market Analysis And Research	AI-powered stock predictions Daily market insights Blog articles
Demo Account Details	No demo or paper trading account
Trading Courses	Limited formal courses Self-learning resources available
Tax Reporting Help	Basic P&L statements Limited tax reporting assistance

Regulation Overview	SEBI registered stockbroker Member of NSE, BSE, MCX, NCDEX Finvasia Securities Private Limited Operational since 2016 Regular compliance audits
Primary Regulator	Securities and Exchange Board of India SEBI
License Number	INZ000176037 NSE Member Code: 14846 BSE Member Code: 4043 MCX Member Code: 55135 NCDEX Member Code: 01259
Investor Protection Scheme	Client funds segregation SEBI investor protection framework Compensated clients after technical issues Regular regulatory oversight
Security Features	Two-factor authentication mandatory Secure login with OTP Encrypted data transmission Regular security audits Client fund protection measures

Commission Tiers

Single flat rate structure for all users
No volume-based tiers or discounts
Zero brokerage for equity delivery regardless of trade size
Minimal ₹5 flat rate for F&O options

Trading Fees

Equity delivery: ₹0 brokerage
Equity intraday: 0.03% or ₹5 whichever lower per order
Equity futures: 0.03% or ₹5 whichever lower per order
Equity options: Flat ₹5 per executed order
Commodity and currency: Similar low rates apply

Stock Etf Commission

Delivery: ₹0
Intraday: 0.03% or ₹5 whichever lower

Options Commission

Flat ₹5 per executed order

Futures Commission

0.03% or ₹5 whichever lower per order

Financing Rates

No margin funding available
No leverage facilities provided
Cash-only trading model

Overnight Fees

Not applicable, no margin funding

Non Trading Fees

Zero account opening fees
Zero annual maintenance charges AMC
Zero call and trade charges
Zero clearing charges on NSE and BSE
Zero platform or software fees
Zero auto-squared-off charges

Deposit Fee

₹0 for all deposit methods

Withdrawal Fee

₹0 for standard withdrawals
Bank charges may apply for certain methods

Currency Conversion Fee

Not applicable, INR only

Data Feed Fees

Free real-time data from all exchanges

Order Modification Fee

₹0

Vip Fee Tiers

No VIP program
Same zero-brokerage rates for all clients

Shoonya

Overview

Pros

Cons

Key Highlights

Key Benefits

Available Tools

Detailed Information

Related Products

Pros

Cons