Shoonya is a commission-free broker, which means that there are no brokerage charges for executing orders. However, there are some other fees that you may incur, such as STT (Securities Transaction Tax) and exchange fees.
Shoonya offers a variety of order types, including:
To open a demat account in Shoonya, follow the below steps:
Step 1: Visit select.finology.in.
Step 2: Click on 'Brokers' from the Menu tab.
Step 3: Click on "All Stock Brokers', you will find Shoonya in the list there.
Step 4: Select "Shoonya Broker" as your broker.
Step 5: Click on 'Open Demat Account'. You will be redirected to the Shoonya platform.
Step 6: Follow the steps as mentioned, add necessary information and click on 'Proceed'.
Finvasia APIs benefits:
1. Allows customisation of the trading platform as per user needs.
2. Users get access to data that enables them to trade at their convenience.
3. Users can build their own trading platforms.
4. Automate your trades with custom entry and exit conditions.
5. Real-time order execution.
6. Market Snapshot and live market feed.
7. Zero brokerage cost for all the trades.
8. Zero charges for using APIs.
The margin requirements for trading with Shoonya will vary depending on the type of security you are trading and the leverage you are using. You can find more information on margin requirements on the Shoonya website.
Yes, you can trade stocks and other securities with Shoonya Broker. Shoonya Broker offers a wide range of trading products, including stocks, derivatives, currencies, commodities, mutual funds, SIPs, bonds, and ETFs.
To trade stocks and other securities with Shoonya Broker, you will need to open an account with the broker. You can do this online or through a broker. Once your account is opened, you will be able to access the Shoonya Broker trading platform.
The Shoonya Broker trading platform is web-based and mobile-friendly. This means that you can trade from anywhere, at any time. The platform offers a variety of features, such as real-time quotes, charting tools, and order execution.
Here are the main features of Shoonya Broker:
Shoonya Broker is a zero-commission trading platform in India that offers a variety of trading products, including stocks, derivatives, currencies, commodities, mutual funds, SIPs, bonds, and ETFs. It is a subsidiary of Finvasia, a financial technology company.
Shoonya Broker was launched in 2016 with the aim of providing investors with a more affordable and transparent way to trade. The company does not charge any brokerage fees on any of its trading products. It also does not provide any investment advice or tips.
Shoonya Broker's trading platform is web-based and mobile-friendly. It offers a variety of features, including real-time quotes, charting tools, and order execution. The platform is also integrated with NSE, BSE, MCX, and CMCE exchanges.
Yes, Shoonya Broker offers a variety of research tools including:
Technical analysis tools: These tools allow you to analyze historical price data and identify trends and patterns.
Fundamental analysis tools: These tools allow you to analyze a company's financial statements and other data to assess its financial health and prospects.
Screeners: These tools allow you to filter stocks based on various criteria, such as price, sector, and technical indicators.
APIs: Shoonya Broker offers APIs that allow you to access its research tools and data programmatically.
You can contact customer support via call - 0172-6750000 / 0172-4740000 and via email- clientsupport@shoonya.com
Yes, Shoonya Broker is available on mobile devices. You can download the Shoonya Broker app from the Google Play Store or the Apple App Store.
The Shoonya Broker mobile app offers a similar experience to the web-based trading platform. You can access real-time quotes, charts, and order execution. You can also use the app to place trades, monitor your positions, and get news and research.
The Shoonya Broker mobile app is a good option for investors who want to trade stocks and other securities on the go. It is also a good option for investors who want to stay up-to-date on the market news and research.
Shoonya offers a web-based trading platform and a mobile app. The web-based platform is fully customizable and offers a wide range of features, including real-time market data, charting tools, and order execution. The mobile app is a more streamlined platform that is ideal for traders who want to trade on the go.
You can transfer shares from your other Demat account to Finvasia account through various ways:
1. Through DIS (Delivery Instruction Slip): You can transfer your holdings by filling DIS. In beneficiary you need to fill your DP details of Shoonya and submit it to your old broker.
2. Through CDSL EASIEST: You can also transfer your holdings through CDSL easiest.
Yes, there are some transactional fees associated with using Shoonya Broker. These fees include:
DP transaction charges: These charges are levied by the depository participant (DP) when you sell your holdings. The charges are Rs 9+GST per scrip.
STT: This is a tax charged by the government on the purchase and sale of securities. The STT rate varies depending on the type of security.
GST: This is a tax charged by the government on all goods and services. The GST rate is 18%.
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