Shoonya (by Finvasia) Review
The pioneer of true zero brokerage in India across all segments and without upfront fees.
Zero Brokerage
Open Account
Background
Finvasia launched Shoonya to democratize trading, offering API access and trading completely free of brokerage.
Who Should Choose Shoonya (by Finvasia)?
Algo traders and extremely cost-conscious volume traders.
Charges Breakdown
| Account Opening | Free |
|---|---|
| Equity Delivery | Rs 0 |
| Intraday | Rs 0 |
| F&O | Rs 0 |
| Commodity | Rs 0 |
| AMC (Annual) | Free |
| Other Charges | Exchange transaction charges only |
Trading Platforms
- Web Platform: Modern, fast, browser-based trading platform with TradingView charts.
- Mobile App: Highly rated mobile app available on iOS and Android with biometric login.
- Desktop Terminal: Installable desktop terminal for high-frequency traders.
Key Features
Margin Facility
Research Tools
API Access
Advanced Charts
Pros
- ✅ 100% Zero Brokerage no strings attached
- ✅ Free API access
- ✅ Zero AMC
Cons
- ❌ UI is dated compared to modern fintechs
- ❌ Customer service heavily delayed
The Final Verdict
8.5out of 10
Who Should Avoid: Beginners needing an intuitive, bug-free, highly polished app experience.