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Shoonya Account Opening: Effortless Onboarding for a Seamless Trading Experience on Garv Thakur's Platform

 
 
 
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Shoonya Account Opening Process, Forms and Fees

Shoonya is one of the prominent stockbrokers of India through which any trader can trade in all the segment by saving 90% of the commission paid to the broker as Shoonya is brokerage free stockbroker, started in 2009 in Canada by Ex Wall Street professionals Mr. Tajinder Pal Singh and his brother Mr. Sarvjeet Singh.


Shoonya Account Opening Charges

It is one of the famous platforms that does not levy any brokerage on any segment.

Account

Charges

Trading Account Opening Charges

Rs 0

Trading Account AMC

Rs 0

Demat Account Opening Charges

Rs 0

Demat AMC

Rs 0

 

How is Shoonya?

Shoonya is not just a company but actually it is an idea of two brothers to make trading easy, brokerage free, transparent and access to world-class software & tools through which one can trade online and analyse the stock market precisely. Shoonya is a fintech company based in Chandigarh offering financial services to 14 nations across the world including Australia, Brazil and United Kingdom. As a SEBI registered Foreign Institutional Investor (FII now FPI).

Open Shoonya account to experience various financial services such as:
• Shoonya back office login allow equity trading at BSE & NSE by using Shoonya platform charges
• Currency trading at NSE.
• Shoonya beta login allow commodity trading at MCX.
• Free demat and trading account services.
• Zero AMC on demat & trading account.
• Asset management services.
• Investment banking.
• Allow NRIs to trade in Indian share market through its platform.
• NRI demat and trading account.
• Capital market research & advisory.
• Hedging and treasury management.
• Ultra-modern trading software & tools.
• Simple Shoonya account login process.
• Free Shoonya demat account opening facility

Shoonya trading account allows its clients to trade on BSE, NSE, MCX and NCDEX from a single trading account through Shoonya client login with dp charges in Shoonya of Rs 9+GST per scrip. Shoonya leverage plans charges for margin/exposure of up to 10x for equity intraday trading. Shoonya offers a wide range of software and tools in a very affordable price such as ScalperT, Omnesys NEST, NSE Now, Symphony, Amibroker etc. Shoonya huf account and Shoonya nri account facility is also available.
Shoonya login shoonya provide services for trading in Equity,Stock Futures and Options,Currency Futures and Options, Commodity Futures and Options traded on Indian Exchanges.

Benefits of Opening an Account at Shoonya

Shoonya account opening offers some of the below mention benefits.
• Shoonya trading charges is Rs 0 Shoonya brokerage charges in all the segment.
• Rs 0 charges on Shoonya new account opening.
• Leverage facility by Shoonya prism login.
• Many advanced trading software & tools are available for all types of clients.
• Ultra-fast mobile app through which you can trade and analyse.
• account opening in Shoonya also offer Algo trading facility.
• Brokerage and Margin calculators are available.
• Online & offline Shoonya demat account facility.
• Shoonya online account opening have free call and trade facility.
• 24/7/365 online support.
• Live chat option available to about Shoonya account details anytime.
• Zero Shoonya platform charges.
• Zero Shoonya scalpert charges to give online access for investing in capital markets.
• Easily Shoonya fund transfer account to another.
• Provide Shoonya virtual account to all the clients as per their client code.
• Trading through all segments by Shoonya web login.

Shoonya account opening documents

KRA (KYC Registration Agency) is a SEBI registered agency which maintains KYC records of the investors on behalf of capital market intermediaries registered with SEBI. Following documents are required for Shoonya open demat account:

Documents required for KRA registered users (If you KYC is already registered)
• Scanned copy of your signature in a white paper.
• If you want to trade in Futures & Options, Currency & Commodity, you need to submit one of the documents as an income proof (Latest 6-month bank statement / Form 16 / Latest 3-month salary slips / Demat holding statement / Income tax return acknowledgment / Net worth certificate).

Documents required for Non-KRA user (If your KYC is not registered)
Shoonya create account or to instant zero balance account opening you need to have the following documents Shoonya new account opening.
• Copy of PAN card
• Copy of address proof (Aadhaar card / License / Passport etc)
• Passport size photograph
• Scanned copy of your signature in a white paper.
• Cancelled cheque
• Income proof required If you want to trade in Futures & Options, Currency & Commodity, you need to submit one of the documents (Latest 6-month bank statement / Form 16 / Latest 3-month salary slips / Demat holding statement / Income tax return acknowledgement / Net worth certificate).

How to open Shoonya account?

Shoonya account opening process will take 5 minutes without any paperwork, you can open online account on Shoonya as well as you can also open account in Shoonya offline. Shoonya demat account charges are also zero.

Shoonya Account Opening Online

Shoonya offers you to open online 2-in-1 account by uploading required documents:
• Visit official website of Shoonya.
• Click, open an account and register your name, email ID and phone number.
• For E-KYC, enter your name, email id, phone number, PAN number and date of birth.
• Another step is to verify the information pulled from central KYC registry (KRA).
• To fetch your details from UIDAI, validate your Aadhar OTP.
• Now, electronically sign the account opening documents.
• After confirmation to the eSigned form, you account will get open.
• In some cases, you may need to attach few documents such as PAN card, photo, bank statement etc.

Offline Account Opening on Shoonya

You can also open offline account on Shoonya by following some simple steps:
• Visit the Chandigarh office of the Shoonya or download the PDF form available on the website.
• Print, fill and sign in the form and courier that form along with required documents to the Chandigarh office of the Shoonya.
• You can also call on the customer care number for any assistance.
• After getting your all the documents, you will get Shoonya account number within 2 days of Shoonya account opening time or Shoonya account or Shoonya demat account number activation time all  you can check contract notes, financial ledger, holdings, balance, Profit & Loss Shoonya account statement, and other important reports.

How to change bank account in Shoonya?

You can request to add or change a new bank account or Shoonya bank account details from PRISM web. Select Settings from the left menu and choose to add new bank account. Please note that you will need to attach a cancelled cheque along with Shoonya bank account change request.

How to close Shoonya demat account?

Please find below the process for Shoonya account closure:
1. Log in to your PRISM portal
2. Go to the "Services" tab from the left side.
3. Click on "Online Account Close" tab.
4. Fill up the details and submit.
5. Shoonya will check and verify your ticket.
6. After verification, you need to digitally e-signed your closing form by entering the Aadhaar OTP.
7. After the E-signed, your Shoonya account closure will take within 7 days.

Shoonya customer care number

To know about Shoonya payin charges and Shoonya account opening status contact at Shoonya helpline number +911726750000.





Comments for Shoonya Account Opening: Effortless Onboarding for a Seamless Trading Experience on Garv Thakur's Platform

71 comments

 

Frequently Asked Questions

No because profits of the F&O segment used to credited to the ledger’s next working day, so, you can’t use the profit amount on the same day for new positions.
Insufficient margin cause when cash margin is not as required margin.
You can transfer shares from your another demat account to Shoonya demat account by following below two steps: • Through DIS (Delivery Instruction Slip) – You can transfer your holdings or securities by filling DIS form and need to fill your DP details of Shoonya and submit it to the old broker. • Through CDSL Easiest – You can transfer your holdings or shares through CDSL Easiest.
Shoonya offered 1times margin in Future and options. Where Shoonya margin for option selling is not provided to its customers.
No, Shoonya only offers 2-in-1 account on its platform.
Yes, any NRI around the world can invest in Indian Share market through Shoonya.
It is totally free; you don’t need to pay single penny for opening of demat and trading account on Shoonya.
If traders trading without sufficient margin then net buy premium, physical delivery margin and market losses as prescribed by the exchanges.
Yes, you can place After Market Order (AMO) on Shoonya.
Margin Call is the value of a trader's margin account falls down then exchange's required amount that is when a margin call occurs.
When traders have not sufficient balance for trading in their account then they get rejection of Insufficient margin. Which they can't be able to trade due to less funds.
Yes, NRE or NRO account is necessary if you want to invest money in India or to collect the income generated in India in INR once you become an NRI.
That Margin what traders need to invest into account before trading on margin and selling short margin.
Insufficient margin cause when cash margin is not as required margin.
Square off timings are variable in different segments: • NSE CASH – 3:20 PM • NSE NFO – 3:25 PM • NSE CDS – 4:45 PM • NSE CDS cross currency – 4:45 PM • MCX (MAR to NOV) – 11:15 PM • MCX (DEC to FEB) – 11:40 PM
Yes, NRI account opening from USA is possible. NRIs in USA can open an NRI account online or by visiting any of the bank branches nearby.
On a repatriable basis, for investing in equity delivery, NRIs can link their trading accounts with Axis bank and Yes bank only while on a non-repatriable basis, for investing in derivative segment, NRIs can link with any bank with us.
NRI/PIO are allowed to open only one account with any designated bank (Preferred bank - Axis bank or Yes bank) in a prescribed format for PIS account. After that, bank will issue a PIS approval letter to the investor.
For Calculating Future and Options margin or others Shoonya provided Margin Calculator for calculating the margin in all segments in details.
E- Margin facility available on some limited stocks only offered by stock exchanges.
Yes, Shoonya offers semi and fully Algo trading on its platform.
Peak margin is that minimum margin which clients have in their accounts while placing order.
Traders can calculate Customer margin through using Margin calculator in Shoonya. Where you get details about Span, Exchange exposure and more.
For Calculating Future and Options margin or others Shoonya provided Margin Calculator for calculating the margin in all segments in details.
Option Margin is calculated by using margin calculator and then enter your share details with lot and price and it will update you margin details.
You can say margin shortfall amount the difference value between SEBI mandated margin and available margin. If Margin shortfall amount first time is Shoonya then traders need to pay penalty 1% of the amount.
When traders have not sufficient balance for trading in their account then they get rejection of Insufficient margin. Which they can't be able to trade due to less funds.
Shoonya is equipped with many unique features such as free demat & trading account opening, zero brokerage in every segment, zero clearing charges, zero commission on mutual fund, online account opening facility, trading software & tools etc.
Option Margin is calculated by using margin calculator and then enter your share details with lot and price and it will update you margin details.
Shoonya offered 1times margin in Future and options. Where Shoonya margin for option selling is not provided to its customers.
Insufficient margin cause when cash margin is not as required margin.
Traders can calculate Customer margin through using Margin calculator in Shoonya. Where you get details about Span, Exchange exposure and more.
If traders trading without sufficient margin then net buy premium, physical delivery margin and market losses as prescribed by the exchanges.
No, every service is available online and you can also visit the Shoonya’s head office located in Chandigarh (India) for any offline support.
Penny Stocks are those types of shares that are traded at a very low price below Rs 10 and are usually listed on a smaller exchange. Shoonya does not offer leverage on penny stocks.
First margin call will be given as soon as the MTM loss reaches 50% of the total available margin and client will be asked to submit fresh margin or reduce the positions. One the MTM reaches 80% , position will be squared off.
Shoonya does not offer online IPO application facility but while applying through your bank account, you can enter Shoonya Demat Account Number to get your allotted shares in your demat account.
Shoonya offer following products to NRIs: • Equity trading in BSE & NSE (Delivery based) • Trade in F&O segment • Direct Mutual Fund • Bonds
No, Shoonya does not charge any extra brokerage on cancelling and modifying an order. Transparency is the key quality of Shoonya.
Yes, Shoonya offers free call and trade facility i.e. you don’t need to pay single penny for call and trade facility.
E- Margin facility available on some limited stocks only offered by stock exchanges.