Shoonya Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 23:48

Abstract：　　Shoonya is situated in India and started in 2016. It is not a regulated financial broker and does not have to follow SEBI rules. The platform gives you cheap access to Indian market instruments like stocks, futures, options, commodities, currencies, and mutual funds on desktop, online, and mobile devices.

Shoonya Review Summary
Founded	2016
Registered Country/Region	India
Regulation	No regulation
Market Instruments	Stocks (Indian), Futures, Options, Commodities, Currencies (INR pairs), Mutual Funds
Demo Account	❌
Leverage	/
Spread	/
Trading Platform	Shoonya Desktop App, Shoonya Web Platform, Shoonya Mobile App
Minimum Deposit	₹0
Customer Support	Phone: +91 9779 902 002
Customer Support	Email: clientsupport@shoonya.com

Shoonya Information

　　Shoonya is situated in India and started in 2016. It is not a regulated financial broker and does not have to follow SEBI rules. The platform gives you cheap access to Indian market instruments like stocks, futures, options, commodities, currencies, and mutual funds on desktop, online, and mobile devices.

Pros and Cons

Pros	Cons
Zero brokerage on equity delivery	No regulation
Clear fee structure	No demo accounts
	No MT4/MT5
	No info on deposit and withdrawal

Is Shoonya Legit?

　　No. Shoonya is not a financial broker that is licensed or regulated. Even though it looks like it's based in India, it isn't registered with the Securities and Exchange Board of India (SEBI) or any other official Indian financial regulatory body. Please be aware of the risk!

　　WHOIS records show that the domain shoonya.comwas registered on November 15, 2007, and it is still operational. The domain will run out on November 15, 2025, and the last time it was updated was on October 31, 2024. “Client transfer prohibited” is its current status.

What Can I Trade on Shoonya?

　　Shoonya provides access to a wide range of Indian market products, such as stocks, futures, options, currencies, commodities, and mutual funds. Trading is offered on major Indian exchanges like the NSE, BSE, MCX, and NCDEX.

Tradable Instruments	Supported
Stocks (Indian)	✔
Futures	✔
Options	✔
Commodities	✔
Currencies (INR pairs)	✔
Mutual Funds	✔
Indices	✘
Cryptocurrencies	✘
Bonds	✘
ETFs	✘

Investor Type

Investor Type	Suitable for
Retail	Standard account for individual resident investors in India
NRIs	For Non-Resident Indians—allows trading in Indian markets under RBI & FEMA guidelines
FPIs	For Foreign Portfolio Investors—institutional access to Indian capital markets
HNIs	For High Net-Worth Individuals—tailored services, higher exposure, personalized support

Shoonya Fees

　　Shoonya's fees are among the lowest in the business, distinguishing it as a budget-friendly broker. It pioneered the zero-brokerage strategy for equity delivery and maintains fees low in other categories, making it extremely competitive, particularly for retail investors.

Segment	Brokerage
Equity Delivery	₹0 (Zero Brokerage)
Equity Intraday	0.03% or ₹5 (whichever is lower)
Equity Futures	0.03% or ₹5 (whichever is lower)
Equity Options	Flat ₹5 + GST
ETF Intraday	0.03% or ₹5 (whichever is lower)
Currency Derivatives	₹5 per order
Commodity Derivatives	₹5 per order

Non-Trading Fees	Amount
Account Opening	₹0
Annual Maintenance (AMC)
Call & Trade
Platform Charges
DP (Depository Participant)	₹9 + GST per scrip
Pledge Charges	₹20 per instruction
Un-Pledge Charges	₹20 per instruction
Clearing Charges (NSE/BSE)	₹0

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Shoonya Desktop App	✔	Windows, macOS	/
Shoonya Web Platform	✔	Web (Chrome, Firefox, etc.)	/
Shoonya Mobile App	✔	iOS, Android	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders