Skung Tradelink Review, Brokerage Charges, Demat Account & more

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 Customer Ratings & Review

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 ★★★☆☆
Total Client Reviews 262

 


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.


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.


Find Brokerage Charges of other Full Service Brokers – 

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Ventura Securities Marwadi Group Aditya Birla Money Motilal Oswal

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.


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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  1. Open Demat AccountBecome Sub Broker

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.


Check Products & Services offered by other Stock Brokers –

Angel Broking HDFC Securities Indiabulls Ventures  Just Trade
IDBI Direct  GCL Securities Arihant Capital Religare Securities

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.


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.


Check detailed review of similar full service brokers:

Mangal Keshav  MasterTrust Networth Direct Reliance Securities
Axis Direct  SMC Global GEPL Capital  SBI Cap Securities

Open Demat Account with Skung Tradelink

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Featured Topics:

Top 10 Discount Brokers in India

Top 10 Full Service Brokers in India

Best Intraday Trading Brokers in India

Top 10 Sub Broker Partner in India

Best Stock Broker in India

Best Demat Account in India

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