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SH

Shoonya Review: Is It Legit and Regulated?

Finvasia Securities Private Limited

IN Operating period unverified
AKA Finvasia

FindMyFX score

high risk

4.9/10

0 Score out of 10 10
Independent assessment Updated 2026-07-22

Contact & regulation

Official website
shoonya.com
Address
#1108, Sector 21-B, Chandigarh 160022, India
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 profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

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.
100%coverage

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.

1 entity

Finvasia Securities Private Limited

Primary
IN INZ000176037

Trading access

Account types

Available account structures and their current verification state.

1 account

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

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

NEFT

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Payment gateway

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

RTGS

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

UPI

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Licenses and regulators

SEBI

INZ000176037

unverified

Last verified: Not shown

Type: Stock broker
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Open official register ↗

Risk flags

SEBI adjudication order concerning Finvasia Securities Private Limited

medium · draft

SEBI 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

unverified

Entity 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.