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Skung tradelink is a public based company. It was incorporated on 26 April 2010.

The directors of the company are Girish Somani, Nimish Somani Kumar, Krishan Somani Kumar, Mamta Gupta and Ganesh Prasad Tulsian.

In this article, we will dig deep into Skung Tradelink Review, its brokerage charges, demat account opening fees, its trading platforms & more.

Skung Tradelink offers


Skung Tradelink Ratings & Review by Top10StockBroker

Experience 2.9/5
Products & Services 3.4/5
Brokerage Charges & Fees 3.1/5
Stock Research & Advisory 3.3/5
Trading Platforms 2.9/5
Overall Ratings 3.2/5
Star Ratings ★★★☆☆

 


About Skung Tradelink

Company Type Public
Broker Type Full Service Broker
Headquarters Kanpur (UP)
Founder Nimish Somani Kumar
Established Year 2010

Skung Tradelink

Skung Tradelink Private Limited Company was founded by Nimish Somani Kumar.

The company was established in the year of 2010. It is a full service broking house and has headquarters in Kanpur.

The company has also launched its Discount Broking division in 2015. The core values of the company is to be customer centric & to provide personalized service to their customers.


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    Skung Tradelink Brokerage Charges

    Equity Delivery Trading 0.28%
    Equity Intraday Trading 0.03%
    Commodity Options Trading NA
    Equity Futures Trading 0.03%
    Equity Options Trading Rs.28 per Lot
    Currency Futures Trading 0.03%
    Currency Options Trading Rs.18 per Lot
    Minimum Brokerage Percentage of Transaction
    Demat AMC Charges Rs.300 per Annum
    Trading AMC Charges Free
    Margin Money Zero Margin
    Brokerage Calculator Skung Tradelink Brokerage Calculator

    According to the nominal market rate, the brokerage percentage is presented in the above list and the charges will be levied as per the transactional charges.

    Equity delivery charges for 0.28%, equity intraday and equity futures are for 0.03%, equity options stands for Rs. 28 per lot, currency futures are for 0.03%, currency options costs for Rs. 18 per lot.

    Minimum brokerage is charged on the basis of transaction. There is no margin money for the traders.


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    Skung Tradelink Other Charges

    Transaction Charges 0.00300%
    STT 0.0126% of Total Turnover
    SEBI Turnover Charges 0.0002% of Total Turnover
    Stamp Duty Depends on State (very minimal)
    GST 18% of (Brokerage + Transaction Charges)

    Some additional charges are also applied like transaction charges are set for 0.00300%, STT has 0.0126% of total turnover, SEBI Turnover charges for 0.0002% of total turnover.

    Stamp duty is applied on the basis of the State and GST of 18% of (Brokerage + Transaction Charges) is applied.


    Skung Tradelink Demat Account Opening Fees

    Depository Source CDSL & NSDL
    Account Opening Charges Free
    Demat AMC Charges Rs.300 per Annum
    Trading AMC Charges Free
    Margin Money Zero Margin
    Offline to Online Yes

    There are no charges taken for account opening and Trading AMC but Demat AMC are charged for RS.300. Traders have zero margin money in the investment.


    Skung Tradelink Offers

    Free Demat Account Yes
    Free Trading Account Yes
    Discount on Brokerage Yes
    Trading Happy Hours No
    Flexible Brokerage Plans Yes
    1 Month Brokerage Free No
    Holiday Offers Yes
    Referral Offers Yes
    Zero Brokerage for Loss Making Trades No

    Skung Tradelink Company provides holiday offers, referral offers, and free trading account. There is discount applied on brokerage and the company grants for flexible brokerage plans.


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    How to Open a Demat Account with Skung Tradelink?

    With Skung Tradelink you can open your demat account online as well as offline, below is the account opening process –

    • Click on the green Open Demat Account button below & fill up the form.
    • Your details will be shared with the broking house & they will give you a call.
    • They will share a link where you have to upload all required documents.
    • KYC documents like Age proof, Address proof, PAN card, Identity proof, Aadhar card and one photograph of yours is to be uploaded.
    • A concerned person from Skung Tradelink will call for more verification.
    • As the verification process gets completed, you’ll be granted to access to your demat account.

    Why Open Skung Tradelink Trading Account?

    A trading account helps to bring your share safety and privacy.

    • It is time saving and there are easy and quick settlements.
    • It is environment friendly.
    • A trading account assures of safety and security of shares.

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      Skung Tradelink Products & Services

      Here are the list of Products & Services provided by Skung Tradelink –

      Products Offered by Skung Tradelink:

      Equity Trading Yes
      Commodity Trading No
      Currency Trading Yes
      Options Yes
      Futures Yes
      Mutual Funds Yes
      Forex No
      Banking No
      SIP Yes
      Insurance Yes

      Skung Tradelink improves investment experience for products like equity, mutual funds, SIP, Insurance, currency trading, options. future. Commodity trading and banking are not available in Skung Tradelink.

      Skung Tradelink Service Offerings:

      Demat Services Yes
      Trading Services Yes
      3 in 1 Acount No
      Intraday Services Yes
      IPO Services Yes
      Stock Recommendations Yes
      Robo Advisory No
      PMS No
      Trading Institution No
      Trading Exposure Upto 5X

      Skung tradelink is open for services like demat, trading, IPO, Intraday. 3 in 1 account service is not provided by Skung Tradelink. Trading exposure counts upto 5X.


       

      Skung Tradelink Research, Advisory and Stock Tips

      Fundamental Reports No
      Research Reports Yes
      Company Reports No
      Annual Reports No
      Company Stock Review No
      Free Stock Tips Yes
      IPO Reports Yes
      Top Picks Yes
      Daily Market Review Yes
      Monthly Reports Yes
      Weekly Reports Yes
      Offline Advisory Yes
      Relationship Manager Yes

      Company stock reviews are carefully made with detailed reports of research, annual. Daily market review is available for the traders to choose the best.

      Skung Tradelink is an advanced stock broking house with availability of snapshot of financial reports.

      The company always is updated about competition scenario in the market and also provide recommendations for the stock.


      Skung Tradelink Exposure or Leverage

      Equity Delivery Upto 3X
      Equity Intraday Upto 5X
      Equity Futures Upto 4X
      Equity Options Upto 2X
      Currency Futures Upto 2X
      Currency Options Upto 3X
      Commodities Upto 2X
      Margin Calculator Skung Tradelink Margin Calculator

      The maximum exposure gained by Skung Tradelink is 5X. Equity Intraday and Equity futures are the ones to get maximum exposures.


      Find Exposure or Margin of other Stock Brokers

      Skung Tradelink Trading Platforms

      Skimp Tradelink looks for fulfilling diverse requirements for all kinds of clients.

      They offer multiple trading tools that will be useful for them and thus created platforms like Application based, Web based and Software based.

      Desktop Platform – Windows Yes
      Desktop Platform – Mac Yes
      Desktop Browser Platform Yes
      Mobile Site Platform No
      Android App Platform Yes
      iOS App Platform Yes
      Windows App Platform No
      Other Mobile OS Platform No
      Real time Updates Yes
      Portfolio Details Yes
      Online MF Buy Yes
      News Flash Yes
      Research Reports Yes
      Easy Installation Yes
      Global Indices Yes
      Stock Tips No
      Personalized Advisory No
      Interactive Charts No
      Live Markets Yes
      SMS Alerts Yes
      Email Alerts Yes
      Multi Account Management No

      Skung Tradelink Trading Terminal

      • Skung Terminal gives access to the users to check daily historical data and intraday history.
      • The company provides charting templates and personalised interactive charts.

      Skung Tradelink  Web trading platform

      • Provide well detailed and powerful charts which helps in making decisions by the traders.
      • Market price is analysed easily and smartly.

      Skung tradelink Mobile Trading App

      • All of options can be track on a single page.
      • All the latest news, real time updates can be accessed.

      Skung Tradelink Customer Care

      Dedicated Dealer Yes
      Offline Trading Yes
      Online Trading Yes
      24*7 Support No
      Email Support Yes
      Chat Support No
      Toll Free Number No
      Branches 428

      The Skung Tradelink has great email support where you can write any query you might have.

      The Corporate office of Skung Tradelink is in Kanpur, Uttar Pradesh. The company have quick response team to messages.


      Skung Tradelink Complaints and Feedback

      Find the list of complaint against Skung Tradelink:

      Lodged in BSE 3
      Resolved in BSE 3
      Lodged in NSE 11
      Resolved in NSE 11
      Percentage of No. of Complaints Received Against Number of Active Clients 0.97

      From the above list it is pretty clear that the company had been getting around 11 complaints that had been lodged. Among those only 3 were resolved in BSE.


      Skung Tradelink Disadvantages:

      Below mentioned is the list of cons of Skung Tradelink:

      • The company lacks in providing personalized advisory to the users.
      • There are no availability of windows app platform and other mobile OS platform yet.
      • The company does not offer trading happy hours.
      • Chat support and 24*7 support is not available.

      Skung Tradelink Conclusion

      The Skung Tradelink has excellent tele-assistance and the users are very satisfied with the easy transaction of money with the high speed mobile app.

      They look forward in enhancing more varieties of portfolios. They have great feedback and research team.


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