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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 offers


Skung Tradelink Customer Ratings & Review

Experience2.9/5
Products & Services3.4/5
Brokerage Charges & Fees3.1/5
Stock Research & Advisory3.3/5
Trading Platforms2.9/5
Overall Ratings3.2/5
Star Ratings★★★☆☆
Total Client Reviews262

 


About Skung Tradelink

Company TypePublic
Broker TypeFull Service Broker
HeadquartersKanpur (UP)
FounderNimish Somani Kumar
Established Year2010

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 Trading0.28%
Equity Intraday Trading0.03%
Commodity Options TradingNA
Equity Futures Trading0.03%
Equity Options TradingRs.28 per Lot
Currency Futures Trading0.03%
Currency Options TradingRs.18 per Lot
Minimum BrokeragePercentage of Transaction
Demat AMC ChargesRs.300 per Annum
Trading AMC ChargesFree
Margin MoneyZero Margin
Brokerage CalculatorSkung 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 Charges0.00300%
STT0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)
GST18% 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 SourceCDSL & NSDL
Account Opening ChargesFree
Demat AMC ChargesRs.300 per Annum
Trading AMC ChargesFree
Margin MoneyZero Margin
Offline to OnlineYes

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 AccountYes
Free Trading AccountYes
Discount on BrokerageYes
Trading Happy HoursNo
Flexible Brokerage PlansYes
1 Month Brokerage FreeNo
Holiday OffersYes
Referral OffersYes
Zero Brokerage for Loss Making TradesNo

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 TradingYes
Commodity TradingNo
Currency TradingYes
OptionsYes
FuturesYes
Mutual FundsYes
ForexNo
BankingNo
SIPYes
InsuranceYes

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 ServicesYes
Trading ServicesYes
3 in 1 AcountNo
Intraday ServicesYes
IPO ServicesYes
Stock RecommendationsYes
Robo AdvisoryNo
PMSNo
Trading InstitutionNo
Trading ExposureUpto 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 ReportsNo
Research ReportsYes
Company ReportsNo
Annual ReportsNo
Company Stock ReviewNo
Free Stock TipsYes
IPO ReportsYes
Top PicksYes
Daily Market ReviewYes
Monthly ReportsYes
Weekly ReportsYes
Offline AdvisoryYes
Relationship ManagerYes

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 DeliveryUpto 3X
Equity IntradayUpto 5X
Equity FuturesUpto 4X
Equity OptionsUpto 2X
Currency FuturesUpto 2X
Currency OptionsUpto 3X
CommoditiesUpto 2X
Margin CalculatorSkung 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 – WindowsYes
Desktop Platform – MacYes
Desktop Browser PlatformYes
Mobile Site PlatformNo
Android App PlatformYes
iOS App PlatformYes
Windows App PlatformNo
Other Mobile OS PlatformNo
Real time UpdatesYes
Portfolio DetailsYes
Online MF BuyYes
News FlashYes
Research ReportsYes
Easy InstallationYes
Global IndicesYes
Stock TipsNo
Personalized AdvisoryNo
Interactive ChartsNo
Live MarketsYes
SMS AlertsYes
Email AlertsYes
Multi Account ManagementNo

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 DealerYes
Offline TradingYes
Online TradingYes
24*7 SupportNo
Email SupportYes
Chat SupportNo
Toll Free NumberNo
Branches428

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 BSE3
Resolved in BSE3
Lodged in NSE11
Resolved in NSE11
Percentage of No. of Complaints Received Against Number of Active Clients0.97

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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