Skung Tradelink Review, Brokerage Charges, Demat Account & more
Last Updated Date: Dec 01, 2022Skung 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 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 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.
Open Demat Account with Skung Tradelink
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.
Get a Call back from Skung Tradelink
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.
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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.
Open Demat Account with Skung Tradelink
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