Finvasia Securities Private Limited
PrimaryBroker profile
Shoonya Review: Is It Legit and Regulated?
Finvasia Securities Private Limited
FindMyFX score
high risk4.9/10
Contact & regulation
- Official website
- shoonya.com
- Address
- #1108, Sector 21-B, Chandigarh 160022, India
- Contact
- [email protected]
- Primary license
- SEBI · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is Shoonya legit and regulated?
FindMyFX has license records for Shoonya, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided company information
Shoonya is an Indian multi-asset trading brand operated by Finvasia Securities Private Limited. Official broker, SEBI and app-store sources identify access to cash, futures and options, currency derivatives and commodity segments on Indian exchanges.
Professional broker overview
FindMyFX editorial summary
Shoonya is the trading platform of Finvasia Securities Private Limited, which appears in a SEBI intermediary register under registration INZ000176037 with perpetual validity. Official platform disclosures cover Indian exchange-traded currency derivatives rather than retail OTC spot forex, and the service is available through mobile, web and desktop interfaces. SEBI published an adjudication order concerning the legal entity on 20 February 2025, but the summary page does not by itself describe the order's findings.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: The located SEBI register page is for the interest-rate-derivative segment; currency-segment support is separately disclosed by Shoonya and its Google Play listing. The adjudication-order detail should be reviewed by FindMyFX staff before any stronger characterization.
- Operational status
- active
- Broker type
- unknown
- Execution model
- Exchange orders are submitted through Shoonya to supported Indian exchanges.
- Support hours
- Not verified
Support languages: English
Documented advantages
- SEBI registration number and perpetual validity are shown in an official register.
- Official disclosures list currency and commodity exchange segments.
Documented limitations
- The researched product is exchange-traded currency derivatives, not verified retail OTC spot forex.
- The precise current leverage and margin schedule was not verified.
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
Trading access
Account types
Available account structures and their current verification state.
Trading and Demat Account
unverified- Deposit
- Not shown
- Leverage
- Not shown
Pricing varies by segment and statutory exchange charges apply.
- Spread
- Not shown
- Base currencies
- INR
- Margin call / stop-out
- —% / —%
- Demo / Islamic
- Unknown / Unknown
- Balance protection
- Unknown
- Last verified
- Not verified
Markets and instruments
Commodity futures and options
unverified
currency futures
unverified
currency options
unverified
Equities
unverified
Equity futures and options
unverified
Deposit and withdrawal methods
IMPS
unverifiedDeposit: Yes · Withdrawal: Yes
Processing time not shown · Fee not shown
NEFT
unverifiedDeposit: Yes · Withdrawal: Yes
Processing time not shown · Fee not shown
Payment gateway
unverifiedDeposit: Yes · Withdrawal: Yes
Processing time not shown · Fee not shown
RTGS
unverifiedDeposit: Yes · Withdrawal: Yes
Processing time not shown · Fee not shown
UPI
unverifiedDeposit: Yes · Withdrawal: Yes
Processing time not shown · Fee not shown
Research sources
Licenses and regulators
SEBI
INZ000176037
Last verified: Not shown
Risk flags
SEBI adjudication order concerning Finvasia Securities Private Limited
medium · draftSEBI published an adjudication order page concerning Finvasia Securities Private Limited on 20 February 2025. The summary page does not provide enough detail to characterize the findings here.
Jurisdiction-specific offerings
IN · retail
unverifiedEntity not linked · Leverage not shown
Compensation scheme not shown
Score components
Regulation and licenses
7.5/10 · 35%SEBI provides a direct register entry with a registration number and perpetual validity.
Security and track record
2.5/10 · 20%An official adjudication-order page exists, but its detailed findings were not evaluated in this draft.
Trading conditions
5.0/10 · 15%Official sources identify currency derivatives, platforms and payment routes, but current leverage and complete costs were not verified.
Company transparency
7.5/10 · 10%Legal identity, registration, address, member codes and support contacts are available from official or app-store sources.
Service quality
2.5/10 · 10%Support contacts and platform channels are disclosed, but no verified service-quality dataset was used.
Verified user reviews
0.0/10 · 10%No verified user-review dataset was used.
Profile update history
Broker profile was published.
2026-07-22
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.