Shoonya is the trading brand of Finvasia Securities. Standard delivery brokerage is zero, while intraday and derivatives orders use capped or fixed charges. Margin-funded delivery has its own brokerage and daily interest schedule. Depository debits, taxes and exchange levies remain separate costs, so the account’s product and funding method matter as much as the headline order fee.[1][2][5]
Broker essentials01
Shoonya by Finvasia at a glance
| Measure | Value | Context |
|---|---|---|
| Published service | Discount Indian equities, currencies, commodity and exchange derivatives broker | Source 1 |
| Primary operating jurisdiction | India | Source 1 |
| Firm named in account and regulatory context | Finvasia Securities Pvt Ltd | Source 2Source 7 |
| Type of broker | Indian securities, exchange derivatives and depository services | Source 1 |
| Service website | https://shoonya.com/pricing | Source 1 |
Account types and onboarding
Sections ↑Account comparison02
Broker and depository service distinction
| Item | Terms | Scope |
|---|---|---|
| Trading account | Shoonya is Finvasia Securities’ exchange brokerage service | Indian NSE/BSE/MCX market access, not global OTC FX brokerSource 2 |
| Demat account | CDSL depository participant via Finvasia | Holds eligible stock positions and attracts per-scrip debit chargesSource 2Source 1 |
| Individual account AMC | ₹0 advertised | Separate fee schedule for business accountsSource 1 |
| Corporate/trust/LLP account AMC | ₹900 noted on tariff footnote | Corporate charge cannot be applied to ordinary individual accountSource 1 |
| Opening fee | ₹0 for equity, commodity and demat columns | Does not include exchange taxes on eventual tradingSource 1 |
Account comparison03
Trade platforms and client administration
| Item | Terms | Scope |
|---|---|---|
| Shoonya client UI | Web, desktop/mobile terminals advertised | Execution channel, not the same as back-office account ledgerSource 4 |
| Prism | Client portal for investment views and support tickets | Handles queries, complaints and account-modification requests.Source 4 |
| Back Office | Reports, ledger, statements and P&L | Useful for verification of transaction/chargesSource 4 |
| Segment access | Equities, derivatives, currency and commodities where permitted | F&O/MTF entails separate risk/margin conditionsSource 2Source 1 |
Markets, instruments and ownership
Sections ↑At a glance04
Indian cash and derivatives by segment
| Item | Terms | Scope |
|---|---|---|
| Equity delivery | Shares held in demat | Zero brokerage on delivery does not waive stamp, STT or DPSource 1 |
| Intraday equities | Same-day trading in listed stocks | Cap/percentage charge plus sell-side STT and venue levySource 1 |
| Equity futures | Exchange-standard margin contract | Both sides and notional volume matterSource 1 |
| Index/equity options | Premium-based contracts | Fixed order brokerage distinct from option premium and exercise taxSource 1 |
| Currency futures | Exchange-traded currency contracts | Not an external FX deposit or OTC spot currency tradeSource 1 |
| Currency options | Indian exchange listed | Options brokerage flat per executed orderSource 1 |
| Commodity contracts | MCX commodity derivatives via member | CTT, delivery/expiry and commodity-specific exchange rules applySource 1Source 2 |
At a glance05
Delivery shares versus CFDs and cash FX
| Item | Terms | Scope |
|---|---|---|
| Held listed shares | Delivered stock represented by demat asset | Ownership status different from broker-funded derivativeSource 1Source 2 |
| Futures | Expiring margined exchange obligation | P/L and maintenance margin differ from a cash stockSource 1 |
| Options | Right/obligation contingent on contract side | Long option buyer and short writer carry very different riskSource 1 |
| Currency derivatives | INR-linked futures/options | Does not justify advertising retail GBP/USD OTC FX quotesSource 1Source 2 |
Brokerage, FX, financing and other charges
Sections ↑Pricing & charges06
Core exchange-brokerage tariff
| Item | Terms | Scope |
|---|---|---|
| Standard cash delivery | ₹0 brokerage | MTF delivery has its own brokerage; statutory, exchange and DP charges remain separate.Source 1Source 5 |
| Intraday equities | 0.03% or ₹5, whichever lower, per executed order | ₹5 is maximum broker fee under described segmentSource 1 |
| Equity futures | 0.03% or ₹5 lower per executed order | Execution count and turnover matterSource 1 |
| Currency futures | 0.03% or ₹5 lower per executed order | Currency contracts subject to own chargesSource 1 |
| Equity options | Flat ₹5 + GST per executed order | Order fee distinct from option premiumSource 1 |
| Currency options | Flat ₹5 + GST per executed order | Currency option is not free even though some cash segment isSource 1 |
Pricing & charges07
Depository and platform charges
| Item | Terms | Scope |
|---|---|---|
| Account opening | ₹0 in displayed equity, commodity and demat columns | Zero onboarding fee onlySource 1 |
| AMC individual | ₹0 | Corporate classes have an exceptionSource 1 |
| AMC corporate/trust/LLP | ₹900 according to pricing footnote | Account type changes priceSource 1 |
| DP stock debit | ₹9 + GST per scrip | Can matter even with zero equity-delivery brokerageSource 1 |
| Margin pledge | ₹20 per instruction | A financing-side administrative costSource 1 |
| Unpledge | ₹20 per instruction | Separate event from share sell orderSource 1 |
| Platform fee | ₹0 as published | Optional third-party feeds/software not asserted freeSource 1 |
| Call & Trade | ₹0 listed service charge | Published broker service fee.Source 1 |
| NSE/BSE clearing | ₹0 clearing charge listed | Exchange transaction fees and taxes remain separate.Source 1 |
Pricing & charges08
India exchange fees, STT and other government items
| Item | Terms | Scope |
|---|---|---|
| Equity intraday STT | 0.025% on sell side shown | Separate statutory rate on appropriate valueSource 1 |
| Equity delivery STT | 0.1% on buy and sell, as displayed | A two-way delivery trade has statutory charges each sideSource 1 |
| Futures STT from 1 April 2026 | 0.05% on sale value, payable by the seller | NSE’s current schedule supersedes the earlier rate.Source 8 |
| Options sale STT from 1 April 2026 | 0.15% of premium, payable by the seller | Sale and exercise use different taxable bases.Source 8 |
| Exercised options STT from 1 April 2026 | 0.15% of intrinsic value, payable by the purchaser | This is separate from sell-side premium STT.Source 8 |
| Currency derivatives STT | Tariff lists zero for specified currency futures/options | Exchange/regulatory fees still existSource 1 |
Pricing & charges09
Exchange transaction charges on current pricing sheet
| Item | Terms | Scope |
|---|---|---|
| NSE equity | Current row after March 2026 says 0.00307% per trade on buy/sell | Date-sensitive distinct from pre-March figureSource 1 |
| NSE futures | 0.00183% in from-1-March row | Exchange levy and brokerage are differentSource 1 |
| NSE options | 0.03553% on premium, from-March schedule | Premium turnover rather than full underlying notionalSource 1 |
| NSE currency futures | 0.00035% quoted for currency futures | Do not substitute equity futures rateSource 1 |
| NSE currency options | 0.0311% quoted for currency options | Distinct unit from underlying FX spot markupSource 1 |
Pricing & charges10
Simple Shoonya broker-fee examples
| Item | Terms | Scope |
|---|---|---|
| ₹2,000 intraday execution | 0.03% of ₹2,000 = ₹0.60, below ₹5 cap | Executed order broker charge before tax/leviesSource 1 |
| ₹100,000 intraday execution | 0.03% = ₹30, capped at ₹5 | ₹5 for that executed order; separate next order chargeSource 1 |
| One options round trip | Two × ₹5 = ₹10 broker fee, GST and taxes excluded | Distinct fee on entry and exitSource 1 |
| Two stock scrips delivered in sale | Potentially 2 × ₹9 + GST DP debit fee | Zero delivery brokerage is not zero demat debit costSource 1 |
Orders, execution and dealing technology
Sections ↑At a glance11
Order instruction and fee basis
| Item | Terms | Scope |
|---|---|---|
| Per executed order | ₹5 cap/flat quotes tied to execution | Two fills involving two separate orders not one flat position feeSource 1 |
| Intraday position | Same-day account category may trigger broker risk controls | Does not guarantee settlement at last-traded quoteSource 1 |
| Option execution | ₹5 plus GST per order | Additional premium/market tax expensesSource 1 |
| Market transparency | Published charges distinguish NSE/other exchange fees | Quote market availability and clearing distinct from tariffSource 1 |
At a glance12
Trading interface, APIs and automated authority
| Item | Terms | Scope |
|---|---|---|
| Shoonya web | Retail trading terminal | Standard order functions run under client UCC credentialsSource 4Source 2 |
| Mobile/desktop | Distinct device platforms described | Supported devices do not imply 24-hour Indian exchange marketSource 4 |
| Trading API | Finvasia API terms govern client orders | API keys can place instructions; not evidence of broker-run AI executionSource 6 |
| Outage and recovery | Client portal Prism/back-office for support and record reconciliation | No uninterrupted order path or execution latency guaranteed by this sourceSource 4Source 3 |
Cash, currencies and asset transfers
Sections ↑At a glance13
Fees along share lifecycle and currency contract
| Item | Terms | Scope |
|---|---|---|
| Bank-to-broker cash | Funding executed through client-specific Indian transfer instructions | Not evidence of wallet-based global FX remittanceSource 2 |
| Stock delivery | Demat debit ₹9+GST per scrip | Charge can arise on sale after zero brokerage acquisitionSource 1 |
| Stock pledge | ₹20 per instruction | Distinct from placing buy/sell orderSource 1 |
| Pledge release | ₹20 per instruction | Separate administrative feeSource 1 |
| Currency derivative settlement | Exchange margin / rupee settlement subject to rules | Not USD deposit withdrawal or cross-border remittanceSource 1Source 2 |
At a glance14
MTF funding and liquidation conditions
| Item | Terms | Scope |
|---|---|---|
| Margin and authority | Cash margin; DDPI required | Approved securities only.Source 5 |
| Minimum margin | F&O stocks: max(VaR + 3×ELM, 33.33%); other eligible Group I stocks/ETFs: max(VaR + 5×ELM, 33.33%) | The formula can require more than one-third funding from the client.Source 5 |
| Maximum duration | 365 days | Earlier risk-driven liquidation remains possible.Source 5 |
| MTF brokerage | Lower of ₹5 or 0.03% per MTF order | Separate from standard zero-delivery brokerage.Source 5 |
| Pledge, unpledge or invocation | ₹20 plus GST per ISIN | The MTF terms list no separate square-off fee.Source 5 |
| Interest period | Exchange funds pay-in through payout after closure | Interest does not necessarily stop when the closing order executes.Source 5 |
| Margin erosion trigger | 80% client-level erosion across products | The terms permit immediate closure of all open positions without further notice.Source 5 |
Pricing & charges15
MTF daily interest by funded-balance band
| Item | Terms | Scope |
|---|---|---|
| ₹1–10,000 | ₹5 | Whole-balance daily chargeSource 5 |
| ₹10,001–20,000 | ₹10 | Whole-balance daily chargeSource 5 |
| ₹20,001–30,000 | ₹15 | Whole-balance daily chargeSource 5 |
| ₹30,001–40,000 | ₹20 | Whole-balance daily chargeSource 5 |
| ₹40,001–50,000 | ₹25 | Whole-balance daily chargeSource 5 |
| ₹50,001–100,000 | ₹50 | Whole-balance daily chargeSource 5 |
| ₹100,001–200,000 | ₹100 | Whole-balance daily chargeSource 5 |
| ₹200,001–300,000 | ₹150 | Whole-balance daily chargeSource 5 |
| ₹300,001–400,000 | ₹200 | Whole-balance daily chargeSource 5 |
| ₹400,001–500,000 | ₹250 | Whole-balance daily chargeSource 5 |
Legal entity, supervision and client protections
Sections ↑Entities & regulation16
Company and intermediary registration
| Item | Terms | Scope |
|---|---|---|
| Legal brokerage | Finvasia Securities Pvt Ltd | Shoonya is brand, not separate legal licenseeSource 2 |
| SEBI trading licence | INZ000176037 | India securities intermediary identificationSource 2 |
| NSE member | 14846 identified on broker site | Relevant to NSE-exchange productsSource 2 |
| BSE member | 4043 identified | Relevant to BSE productsSource 2 |
| MCX member | 55135 identified | Commodity derivatives scopeSource 2 |
| CDSL depository participant | IN-DP-317-2017; DP 84300 | CDSL matches Finvasia Securities Private Limited to shoonya.com.Source 7 |
Entities & regulation17
Securities risk and investor recourse
| Item | Terms | Scope |
|---|---|---|
| Demat shares | Electronic stock custody via DP system | Protects record-keeping, not stock valueSource 2 |
| Derivatives | Exchange margin and tax rules apply | Client bears risk of loss on futures/optionsSource 1 |
| SEBI/exchange supervision | Member entity can be checked by INZ number | Registration does not insure investment returnsSource 2 |
| Investor claims | Official support and grievance handling contacts exist | Complaints should specify trade/DP/cash issue accuratelySource 3 |
- Headquarters
- India
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Finvasia Securities Pvt Ltd
No separate licence entry is recorded in this panel.
Support, complaints and records
Sections ↑At a glance18
Different Shoonya operational portals
| Item | Terms | Scope |
|---|---|---|
| Trading frontend | Shoonya web/mobile/desktop | Order entry and market monitoringSource 4 |
| Prism client portal | Investment views and support tickets under one login | Queries, complaints and account-modification requests.Source 4 |
| Statements and ledger | Back Office | Contract notes/P&L/account dataSource 4 |
| Customer support | +91 97799 02002 | Official customer-service telephone.Source 3 |
| Call & Trade telephone | +91 86999 87666 | Separate from general support.Source 3 |
| Complaint escalation | Client service, service head, compliance and CEO under the published matrix | The contact page also links exchange, SEBI SCORES and ODR routes.Source 3 |
Research, tools and additional services
Sections ↑At a glance19
Tools that are not extra licences
| Item | Terms | Scope |
|---|---|---|
| API interface | Client-accessible programmatic order APIs under separate terms | Programmatic order use remains client's legal responsibilitySource 6 |
| Research desk | Firm has research disclosures and separate analyst registration | No AI trade prediction accuracy evidencedSource 2 |
| Margin trading | MTF terms available | Borrowing facility not implied for every instrumentSource 5 |
| Back-office exports | Ledger/contract note access marketed | Statements useful for tax and reconciliationSource 4 |
Sources & further reading
- Shoonya: complete brokerage, DP and regulatory charge breakdown Shoonya · Accessed 29 Oct 2026
- Shoonya: Finvasia legal entity and exchange/depository registrations Shoonya · Accessed 29 Oct 2026
- Shoonya: official support and grievance channels Shoonya · Accessed 29 Oct 2026
- Shoonya: Shoonya trading / Prism / back office distinction Shoonya · Accessed 29 Oct 2026
- Shoonya: margin trading terms Shoonya · Accessed 29 Oct 2026
- Shoonya: trading API contractual terms Shoonya · Accessed 26 Oct 2026
- CDSL: Finvasia Securities DP 84300 record CDSL · Accessed 29 Oct 2026
- NSE: securities transaction tax rates effective 1 April 2026 National Stock Exchange of India · Accessed 29 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.