Is Finvasia Trusted or Not? | Shoonya Finvasia Charges 2024

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.

Which is Better Finvasia or Zerodha in 2024? Is Finvasia Trustworthy?

Here is another brokerage account offering free Demat and Trading Account: Is Dhan Trading App Safe? Dhan App Review 2024

Shoonya Finvasia Account Open Charges

Shoonya Finvasia ChargesFee
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 ChargesBrokerage Fee
Equity DeliveryRs 0 (Free)
Equity IntradayRs 0 (Free)
Equity FuturesRs 0 (Free)
Equity OptionsRs 0 (Free)
Currency FuturesRs 0 (Free)
Currency OptionsRs 0 (Free)
Commodity FuturesRs 0 (Free)
Commodity OptionsRs 0 (Free)

Also Check: Zerodha vs Upstox | Which Is Better and Why?

Finvasia Account Other Charges

Shoonya Finvasia ChargesOther Charges
Call & Trade Charges0
Depository Participant (DP) ChargesRs 9 + GST/scrip
Clearing Charges (NSE &BSE)0
Platform Charges0
Pledge ChargesRs 20 per instruction
Un-Pledge ChargesRs 20 per instruction
Courier charges per dematRs 99
Pledge Invocation per ISINRs 19
Periodic statementsEmail : Free Physical copy : Rs 99 courier charges
Adhoc/Non-periodic statementEmail : Free Physical : Rs 5 per page + Rs 99 courier charges
Delivery InstructionsFirst Booklet : Free Additional Booklet : Rs 99 for 10 leaves
Failed TransactionsRs 49 per transaction
Check BounceRs 299
Modification in client informationRs 19 per request
Delay payment charges2% per month on T+2 days
Demat Closure accountNil

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 
Shoonya Finvasia Charges

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.

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Hey, I'm Soniya Luthra (founder of, a Chartered Accountant and seasoned stock market expert with extensive experience in trading and fundamental analysis. As an active participant in the market, I'm passionate about using my expertise to provide clear, actionable insights and guidance, helping readers make informed financial decisions.

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