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Shoonya Brokerage: Unveiling Transparent Pricing for Smart Investments on Garv Thakur's Platform

 
 
 
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Shoonya Brokerage Charges and Transaction Charges

Shoonya is the one of the leading stockbrokers of India which follows its own tagline ‘Simply Commission Free’, incorporated in 2009 in Canada by Ex Wall Street professionals Mr. Tajinder Pal Singh and his brother Mr. Sarvjeet Singh who strongly believes that financial services brokerage is an old-fashioned business so rather than imposing brokerage, we should add world-class qualities in the products and services that’s why a brokerage firm offers financial services ranging from zero brokerage, zero demat & trading account opening, zero AMC and Shoonya zero brokerage. In 2011, Shoonya group was registered with SEBI as a Foreign Institutional Investor (FII) and inaugurated its headquarter in Mohali (Punjab). In 2013, Shoonya became the member of NSE and MCX. Later on, in 2015, Shoonya like brokers became the member of BSE and The Association of Mutual Funds in India (AMFI). In 2016, Shoonya was named among the 20 most promising banking solution companies by Silicon India.

In 2018, after approval from SEBI, Shoonya broker allows its clients to trade on BSE, NSE, MCX and NCDEX from a single trading account. Shoonya sub broker offers margin/exposure of up to 10x for equity intraday trading. Shoonya stock broker offers a wide range of software and tools for trading, technical & fundamental analysis such as ScalperT, Omnesys NEST, NSE Now, Symphony, Amibroker etc. Some software are free to use and some are chargeable. There are different Shoonya brokerage plan available for its users.

Shoonya Account Opening Charges

You don’t need to pay any amount to open a demat account on Shoonya.

Account

Charges

Trading Account Opening Charges

Rs 0

Trading Account AMC

Rs 0

Demat Account Opening Charges

Rs 0

Demat AMC

Rs 0

 

Shoonya brokerage review

Here we have mentioned different Shoonya brokerage plans. Shoonya intraday charges or shoonya Shoonya brokerage charges for different segments are mention below:

While buying and selling of stocks, traders need to pay brokerage to the broker which can be variable from one broker to another.
• Futures – Equity / Currency / Commodity: ₹0
• Options – Equity / Currency: ₹0
• Delivery – Equity: ₹0
• Intraday – Equity: ₹0
• Call and Trade – Free

GST: Charged at 18% of the total cost of brokerage plus stockedge brokerage charges.
SEBI Charges: quality financial brokerage charges is at Rs 10 per Crore.

Shoonya Demat Account Charges

Various other demat transactions are as follows:

Transaction

Charges

Demat Account Opening Charges

Nil

Account Maintenance Charges

Individual – Rs 0 per year

Corporate – Rs 1000 + GST (Payable upfront per year)

Inter Depositary Transfer (off-market trades)

Buy (Receive) – Nil

Sell (Debit) – Rs 9 (Including CDSL free)

Demat (Per certificate)

Rs 15 + Rs 99 courier charges

Transaction Charges per ISIN (Market Trades)

Buy (Receive) – Rs 0

Sell (Debit) – Rs 9 (including CDSL free)

Remat (Per ISIN)

Rs 15 + Rs 99 courier charges

Pledge per ISIN

Rs 25 + NSDL charges

Unpledge per ISIN

Rs 25 + NSDL charges

Courier charges per demat/remat request

Rs 99

Pledge Invocation per ISIN

Rs 19

Periodic statements

Email : Free | Physical : Rs 99 courier charges

Adhoc/Non-periodic statement

Email : Free | Physical : Rs 5 per page + Rs 99 courier charges

Delivery Instructions

First Booklet : Free | Additional : Rs 99 for 10 leaves

Failed Transactions

Rs 49 per transaction

Check Bounce

Rs 299

Modification in client information

Rs 19 per request

Delay payment charges

2% per month on T+2 days

Demat Closure account

Nil

 

DP charges in Shoonya

DP transaction in Shoonya charges are Rs 9+GST per scrip. These charges are applicable only when you sell your holdings shares. For more details about Shoonya leverage plans charges and Shoonya platform charges you can visit the Shoonya website.





 

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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.