Shoonya
About Shoonya
Shoonya (formerly RKSV) is one of India's fastest-growing discount brokers, backed by marquee investors like Tiger Global and Ratan Tata. With over 1 crore users, Shoonya offers a modern trading experience with zero delivery brokerage and a flat fee structure.
Brokerage Charges
Equity Delivery
Free
Equity Intraday
INR 20
Account Opening
Free
Account Maintenance
INR 0 (Standard)
Key Details
| Broker Type | Discount |
| Founded | 2012 |
| Headquarters | Mumbai, India |
| Trading Platforms | Shoonya Pro, Web |
| Segments | Equity, F and O, Currency, Commodity |
| User Rating | 4.5 / 5.0 |
Pros & Cons
Pros
- Zero account opening charge
- Fast and modern mobile app
- Backed by Tiger Global and Ratan Tata
- Free delivery trading
- Good charting tools
Cons
- Platform downtime during peak hours
- Limited research and advisory
- Customer support needs improvement
- No 3-in-1 account
- API can be unstable