About Shoonya Finvasia
Have you heard about the Demat Account with No AMC and No Brokerage? Yes, we are talking about Shoonya Finvasia. This article is all about Shoonya Finvasia Charges.
Shoonya Finvasia is amongst India’s fastest-growing FinTech Companies, offering financial services ranging from zero brokerage, zero clearing, zero account opening, and zero AMC. Shoonya Finvasia offers retail trading in equity, currency and commodity, asset management, investment banking, advisory, and currency hedging.
Shoonya Finvasia offers a free demat account without opening and AMC charges. They provide a 2-in-1 account, i.e., a demat and a trading account.
Let’s know about other associated charges and brokerage fees of Shoonya Finvasia that will help you better decide whether you should open an account with them or not.
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Shoonya Finvasia Account Open Charges
| Shoonya Finvasia Charges | Fee |
| Trading Account Opening Charges (One Time) | Rs 0 (Free) |
| Trading Annual Maintenance Charges AMC (Yearly Fee) | Rs 0 (Free) |
| Demat Account Opening Charges (One Time) | Rs 0 (Free) |
| Demat Account Annual Maintenance Charges AMC (Yearly Fee) | Rs 0 per year (Lifetime Zero AMC) |
Also Compare : Zerodha, Upstox, and Groww Comparison 2024
Finvasia Brokerage Charges 2024
| Shoonya Finvasia Charges | Brokerage Fee |
| Equity Delivery | Rs 0 (Free) |
| Equity Intraday | Rs 0 (Free) |
| Equity Futures | Rs 0 (Free) |
| Equity Options | Rs 0 (Free) |
| Currency Futures | Rs 0 (Free) |
| Currency Options | Rs 0 (Free) |
| Commodity Futures | Rs 0 (Free) |
| Commodity Options | Rs 0 (Free) |
Also Check: Zerodha vs Upstox | Which Is Better and Why?
Finvasia Account Other Charges
| Shoonya Finvasia Charges | Other Charges |
| Call & Trade Charges | 0 |
| Depository Participant (DP) Charges | Rs 9 + GST/scrip |
| Clearing Charges (NSE &BSE) | 0 |
| Platform Charges | 0 |
| Pledge Charges | Rs 20 per instruction |
| Un-Pledge Charges | Rs 20 per instruction |
| Courier charges per demat | Rs 99 |
| Pledge Invocation per ISIN | Rs 19 |
| Periodic statements | Email : Free Physical copy : 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 Booklet : 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 |
Shoonya Finvasia Brokerage Calculator
Here is the Shoonya Finvasia Brokerage calculator that can help you to check how much you need to pay while buying and selling shares.
Shoonya Finvasia charges calculator
Frequently Asked Questions – Shoonya Finvasia Charges
Is Finvasia Better than Zerodha?
Both Finvasia and Zerodha are low-cost brokerage services. Finvasia is better than Zerodha due to its brokerage charges, as Finvasia Shoonya offers free demat opening, zero AMC and no Brokerage, whereas Zerodha offers zero brokerage for equity delivery trades and a flat fee per executed order for other segments.
Is Shoonya Free?
Yes, Shoonya is free as it offers financial services ranging from zero brokerage, zero clearing, zero account opening, and zero AMC.
Who is the owner of Finvasia Shooya?
Tajinder Singh is the owner and CEO of Finvasia Group.
What are the drawbacks of Finvasia?
1. Finvasia offers a lower margin, which means less flexibility in your trades.
2. Their trading platform, Scalpter, only allows one-minute charts.
3. They charge extra for advanced order types like Bracket orders.
Are there charges for SHOONYA options trading?
No, there are no charges for SHOONYA options trading. It is completely free of cost to trade-in options through Shoonya Finvasia.
What are the DP charges on SHOONYA Finvasia?
SHOONYA Finvasia DP charges Rs 9 + GST per scrip (one side only). It means these charges are applicable only when you sell your holdings.
Is Finvasia brokerage free?
Yes, Finvaisa offers a lifetime free brokerage across the segment on BSE, NSE, and MCX.
What are shoonya amc charges?
Shoonya AMC charges are zero. Shoonya Finvasia offers free demat, Zero brokerage and Zero AMC account.
