Shoonya by Finvasia review

Shoonya by Finvasia review: a low-cost, self-service platform with zero delivery brokerage, and why total trading cost is not the same as brokerage.

Shoonya is a digital trading platform known for low-cost pricing. Its published tariff currently lists zero brokerage on equity delivery, a low capped charge for intraday and futures orders, and a flat per-order charge for options. It also lists zero account-opening and annual-maintenance charges for the stated account categories, while DP charges and statutory levies still apply.

Review

Shoonya may appeal to frequent traders who want to minimise brokerage and are comfortable using a self-service digital platform. The important distinction is between brokerage and total trading cost: STT, exchange charges, GST, stamp duty, DP charges and other applicable fees remain relevant. Review the latest tariff and test the platform and support experience before relying on it for time-sensitive trading.

Best suited to

Cost-conscious users who compare total charges and are comfortable with a digital-first service model.

At a glance

NSE active clients, Sep 2026Outside this top ten
General fitCost-conscious users looking at low brokerage
Main consideration“Zero brokerage” does not mean zero statutory, DP or other charges

See how it compares with the other platforms in the full stock broker comparison.