Shoonya app has carved a niche for itself by offering zero brokerage trading across all segments. In this comprehensive review, we explore the features, pros, cons, usability, and performance of the Shoonya app to help you decide if it’s the right platform for your trading needs.
What Is the Shoonya App?
Shoonya is a trading platform developed by Finvasia, a SEBI-registered stockbroker. The app aims to disrupt the traditional brokerage model by offering truly zero-commission trading across equity, derivatives (F&O), commodities, and currencies on the NSE, BSE, and MCX.
With its modern interface, API access, and wealth of analytical tools, Shoonya has quickly become popular among both beginners and experienced traders seeking cost-efficient solutions.
Features of the Shoonya App
Zero Brokerage Across All Segments
The core selling point of Shoonya is that it charges zero brokerage fees for trading across:
- Equity Delivery & Intraday
- Futures & Options (F&O)
- Currency Derivatives
- Commodities
This makes Shoonya one of the most cost-effective platforms in the Indian trading ecosystem.
Advanced Charting Tools
Shoonya integrates TradingView and ChartIQ for real-time charting. These platforms offer over 100 indicators, multiple chart types, and drawing tools, enabling traders to make well-informed decisions.
Fast and User-Friendly Interface
Shoonya’s interface is modern, clean, and optimized for performance. The app allows:
- One-click order placements
- Real-time watchlists
- Customizable dashboards
- Quick fund transfers via UPI and net banking
Algo Trading & API Access
Developers and algo traders can use Shoonya’s free API to automate their strategies. The API is well-documented and suitable for both beginners and professional quants.
Multiple Platforms Supported
Shoonya is accessible through:
- Mobile App (Android & iOS)
- Web Platform
- Desktop Terminal
Shoonya App Pros and Cons
Pros
- Zero brokerage on all trades with no hidden fees
- Integrated charting via TradingView and ChartIQ
- Multiple order types, including GTT, bracket orders, and cover orders
- Algo trading APIs for free
- No upfront charges or subscription fees
Cons
- Lacks features like mutual fund investing and IPO applications (as of 2025)
- Slightly steep learning curve for absolute beginners
- Customer support can be slow during peak trading hours
- No margin trading or leverage options in some segments
Security & Compliance
Shoonya is backed by Finvasia, a SEBI-registered broker and member of NSE, BSE, MCX, and CDSL. The platform uses end-to-end encryption, two-factor authentication (2FA), and regular audits to maintain user security. It complies with all regulations imposed by SEBI and exchanges, ensuring a safe trading environment.
Should I use the Shoonya App?
The Shoonya app is best suited for:
- Active traders who want to reduce brokerage costs to zero
- Algo traders and developers seeking free API access
- Beginner investors who want a clean, easy-to-navigate platform
- Day traders and F&O enthusiasts looking for fast execution and real-time data
Frequently Asked Questions
What is the Shoonya App?
The Shoonya app is a zero-brokerage trading platform launched by Finvasia. It allows users to trade in equity, derivatives (F&O), commodities, and currencies on NSE, BSE, and MCX without paying any brokerage fees.
Shoonya, really a zero brokerage platform?
Yes, Shoonya offers truly zero brokerage across all trading segments, including intraday, delivery, F&O, commodity, and currency trades. There are no hidden charges or subscription fees.
Who owns the Shoonya app?
Shoonya is owned and operated by Finvasia Group, a SEBI-registered stockbroker and member of NSE, BSE, MCX, and CDSL.
Shoonya safe and SEBI-registered?
Yes, Shoonya is entirely safe to use. SEBI regulates it and ensures compliance with all relevant norms. It also uses encryption and two-factor authentication (2FA) to protect user accounts.
Can I invest in mutual funds using the Shoonya app?
Currently, the Shoonya app does not support mutual fund investments or SIPs. It is primarily designed for active traders focused on stocks, futures, and options (F&O), as well as commodities.
Does Shoonya allow IPO investments?
Currently, Shoonya does not offer IPO application services through the app. You will need to apply via your bank’s ASBA service or other platforms.
Conclusion
The Shoonya app by Finvasia is a game-changer in the Indian trading landscape, particularly for those who prioritize cost efficiency and advanced trading tools. By offering truly zero brokerage across all segments without any hidden fees or conditions it stands out from most traditional and discount brokers.
With robust charting features, free API access for algo trading, and a smooth multi-platform experience, Shoonya appeals strongly to active traders, F&O enthusiasts, and tech-savvy investors. However, it may not be ideal for those seeking mutual funds, IPO investments, or guidance tailored to beginners.