Broker profile
Shoonya (Finvasia) Review (2026): Brokerage, Platforms, API & Execution - The Published Facts
Shoonya, by Finvasia, charges zero brokerage on equity delivery and caps intraday and F&O brokerage at ₹5 per order - traders still pay statutory charges (STT, exchange fees, GST, stamp duty). Combined with a free API and zero AMC for individuals, it is among the lowest-cost brokers in this comparison. Its execution-speed figure is taken from the AlgoTest Broker Speedtest, where it is listed under the Finvasia name.
At a glance
Shoonya (Finvasia) charges & worked examples · Shoonya (Finvasia) brokerage calculator · Compare Shoonya (Finvasia) with other brokers
- Type
- Discount broker
- Official website
- https://shoonya.com
- Delivery brokerage
- ₹0 (free equity delivery)
- Intraday brokerage
- ₹5 or 0.03% per order (whichever is lower)
- F&O brokerage
- ₹5 per order (options); ₹5 or 0.03% per order for futures (whichever is lower)
- Account opening
- Free (online)
- AMC
- ₹0 (individuals; ₹900 for corporate, trust and LLP accounts)
- Platforms
- Shoonya app, Shoonya web, Shoonya desktop
- Trading API
- Shoonya API - Free (per official page) (docs)
- Products
- Equity, F&O, Currency, Commodity, Mutual funds
- Exchanges
- NSE, BSE, MCX
- Algo support
- Yes - free API
- Reported execution speed
- ≈ 140 ms (median)
- Margin
- Per SEBI peak-margin rules
- Research
- AI-based signals in platform
Strengths (published)
- Free equity delivery and a ₹5 cap per order on intraday and F&O
- Zero AMC and a free API
Limitations
- Smaller brand; support capacity trails large brokers
- Very low brokerage means revenue depends on other sources (float, value-added services)
Who is it best for?
High-frequency, cost-obsessed traders who accept a smaller platform.
This profile is compiled only from the sources listed below. Fields marked Not Disclosed mean no verifiable published figure existed at review time - we never estimate or infer. This is information, not investment advice, and this site has no relationship with Shoonya (Finvasia).
Frequently asked questions
What brokerage does Shoonya (Finvasia) charge?
Per its official pricing at our last review: delivery ₹0 (free equity delivery); intraday ₹5 or 0.03% per order (whichever is lower); F&O ₹5 per order (options); ₹5 or 0.03% per order for futures (whichever is lower). Statutory charges apply on top. Verify the current schedule on the official pricing page, as rates change without notice.
Does Shoonya (Finvasia) offer a trading API?
Yes - Shoonya API. Published pricing: Free (per official page). See the official documentation for rate limits and terms.
How fast is Shoonya (Finvasia)'s order execution?
The published figure is ≈ 140 ms (median), from a published third-party comparison. It is approximate, not independently audited, and varies with device, network and market conditions.
Who is Shoonya (Finvasia) best suited for?
High-frequency, cost-obsessed traders who accept a smaller platform.
Related brokers
- Zerodha
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- Upstox
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- Groww
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- Angel One
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- Dhan
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- Fyers
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Head-to-head comparisons
- Shoonya (Finvasia) vs Zerodha
- Shoonya (Finvasia) vs Upstox
- Shoonya (Finvasia) vs Groww
- Shoonya (Finvasia) vs Angel One
- Shoonya (Finvasia) vs Dhan
- Shoonya (Finvasia) vs Fyers
- Shoonya (Finvasia) vs ICICI Direct
- Shoonya (Finvasia) vs Kotak Neo (Kotak Securities)
Sources
- Shoonya (Finvasia) - official website - https://shoonya.com
- Shoonya (Finvasia) - official pricing page - https://shoonya.com/pricing
- Shoonya (Finvasia) - official API page - https://shoonya.com/api-documentation
- AlgoTest Broker Speedtest - https://openbroker.in/ (Independent, live place-order latency measured by AlgoTest and refreshed every 15 minutes during market hours. The figure shown is the median of AlgoTest’s 15-minute measurement windows; latency varies with network path and market conditions.)