Sunlight Broking Review, Brokerage Charges, Demat A/C, Platforms & more
Last Updated Date: Dec 01, 2022Sunlight Broking is an online stock broking company indulged to provide equity trading services to various investors in Indian Stock Market.
The company offers online trading services on both Bombay Stock Exchange and National Stock Exchange.
The aim to write this article is to provide wide information about Sunlight Broking reviews, Brokerage charges and Fees, Offers, Products and many more.
Sunlight Broking Ratings & Review by Top10StockBroker
Experience | 3.4/5 |
Products & Services | 3.1/5 |
Brokerage Charges & Fees | 3.3/5 |
Stock Research & Advisory | 3.0/5 |
Trading Platforms | 3.2/5 |
Overall Ratings | 3.2/5 |
Star Ratings | ★★★☆☆ |
About Sunlight Broking
Company Type | Private |
Broker Type | Full Service Broker |
Headquarters | Daman (UT) |
Founder | S R Toshniwal |
Established Year | 2016 |
Sunlight Broking was incorporated as full-service stock broking company in the year 2016, Daman (UT) .
The Company is the leading online stock broking company aims to offer brokerage service to investors in Indian Stock Market Company.
It is registered with Capital Market Regulator SEBI as a Stock Broker and Depository Participant. Along with a Depository Participant of CDSL, the company is also a member of both BSE and NSE.
Open Demat Account with Sunlight Broking
Sunlight Broking Brokerage Charges
Equity Delivery Trading | 0.28% |
Equity Intraday Trading | 0.03% |
Commodity Options Trading | 0.03% |
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 | Free |
Trading AMC Charges | Rs.250 per Annum |
Margin Money | Minimum Rs.3,000 |
Brokerage Calculator | Sunlight Broking Brokerage Calculator |
Brokering charges are the charges investors pay to brokers as long as they are taking their service. At Sunlight Broking, investors will enjoy trading services at low brokerage fees.
Investors can pay fixed monthly/yearly brokerage or flat fee brokerage (per executed order) as per their convenience. Below table shows the brokerages charges investors are compelled to pay the brokers for different segments.
Here are the details of the Sunlight Broking Brokerage Charge
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Sunlight Broking Other Charges
Transaction Charges | 0.00325% |
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) |
Along with the brokerage charges, the company is also bound to collect taxes and fees from the investors. These taxes and fees are subject to change. These charges are
Security Transaction Tax (STT) – These are collected by the exchange from the broker and directly paid to Income Tax Department of India on behalf of the client.
Stamp duty- Stamp Duty charges varies with state to state and it is very minimal.
SEBI Turnover Charges-0.0002% of Total Turnover.
GST- 18% of the brokerage and transaction charges.
Sunlight Broking Demat Account Opening Fees
Depository Source | CDSL & NSDL |
Account Opening Charges | Rs.300 |
Demat AMC Charges | Free |
Trading AMC Charges | Rs.250 per Annum |
Margin Money | Minimum Rs.3,000 |
Offline to Online | Yes |
At Sunlight Broking, the company offers Zero Demat AMC charges whereas customers of the company are bound to pay R. 300 as Account opening charges and Rs.250 per year as Trading AMC charges.
Furthermore, the company also collect minimum margin of Rs. 3000 from the traders.
Here are details of Sunlight Account Opening Charge
Sunlight Broking Offers
Free Demat Account | Yes |
Free Trading Account | No |
Discount on Brokerage | No |
Trading Happy Hours | No |
Flexible Brokerage Plans | Yes |
1 Month Brokerage Free | No |
Holiday Offers | Yes |
Referral Offers | No |
Zero Brokerage for Loss Making Trades | No |
The company provides following offers to its customers:-
- Instant Online Account Opening
- Simple Flat-Rate Pricing
- Company offers range on investments
- Stock broker offers guaranteed lowest transaction fees
- The company offers low brokerage fees
Beside the above mentioned offers, the company also provides offers mentioned in the below table
To know about offers of other stock brokers check below
Mdirect | Networth Direct | Pravin Ratilal | RK Global |
Microsec Capital | N G Rathi | Progressive Share | Rudra Shares |
Modex Securities | Nine Star Broking | Prostocks | R Wadiwala Securities |
How to Open a Demat Account with Sunlight Broking?
- The first step is to click on the open demat account button below
- As you will click, a form will be displayed on your screen
- It is advisable to read each and every line paragraphs of the form carefully
- After reading the form thoroughly, fill up all the necessary information asked in the form
- Post filling up the form, you will be required to upload all your KYC documents such as your Aadhar and Pan card details, passport size photograph in order to verify your age, identity and address
- After following the above steps, you will receive a call from one of the company representative for the verification purpose
- Once the successful verification process is done, your account will be activated in just few hours
Why Open Sunlight Broking Trading Account?
There are various beneficial reasons to open trading account with Sunlight Broking. Some of the reasons are:
- Company offers free Desktop, Mobile and Web version of trading software.
- Stock Broker provides advanced charting tools and advance risk management in order to assure that the customer experience the best trading platform
- The company trading platform is designed for both frequent traders as well as beginners
Get a Call back from Sunlight Broking
Sunlight Broking Products & Services
Here are the list of Products provided by Sunlight Broking
Sunlight Broking stock Products
Equity Trading | Yes |
Commodity Trading | Yes |
Currency Trading | Yes |
Options | Yes |
Futures | Yes |
Mutual Funds | Yes |
Forex | No |
Banking | No |
SIP | Yes |
Insurance | Yes |
At Sunlight Broking, traders can possess following products:
- Equity
- Commodity
- Currency
- Mutual Funds
- SIP
- Options
- Futures
Sunlight Broking Service Offerings
Demat Services | Yes |
Trading Services | Yes |
3 in 1 Account | No |
Intraday Services | Yes |
IPO Services | Yes |
Stock Recommendations | Yes |
Robo Advisory | No |
PMS | No |
Trading Institution | No |
Trading Exposure | Upto 2X |
At Sunlight Broking, the company is committed to provide optimum and top-notch services to its clients.
The services company offers to its client’s are-
- Demat Account
- Equity Trading
- Currency Trading
- Online trading
- Online Investing
- Stock Trading
Sunlight Broking Research, Advisory and Stock Tips
Fundamental Reports | No |
Research Reports | No |
Company Reports | No |
Annual Reports | No |
Company Stock Review | No |
Free Stock Tips | Yes |
IPO Reports | No |
Top Picks | Yes |
Daily Market Review | Yes |
Monthly Reports | Yes |
Weekly Reports | Yes |
Offline Advisory | Yes |
Relationship Manager | Yes |
At Sunlight Broking, In order to keep their customers active about the various market scenarios, the company is obliged to publish various research reports and tips and rec
Sunlight Broking Exposure or Leverage
Equity Delivery | Upto 2X |
Equity Intraday | Upto 2X |
Equity Futures | Upto 3X |
Equity Options | Upto 5X |
Currency Futures | Upto 4X |
Currency Options | Upto 2X |
Commodities | Upto 3X |
Margin Calculator | Sunlight Broking Margin Calculator |
Below mentioned table provides you complete information about the exposure/leverage company offers to the traders.
As it can be clearly seen the company offers highest leverage of up to 5 times on Equity Options Trading whereas company offers minimum leverage of up to 2 times on Equity Delivery Trading and Equity Intraday Trading
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Sunlight Broking Trading Platforms
The various trading platforms & their features are listed below –
Desktop Platform – Windows | Yes |
Desktop Platform – Mac | Yes |
Desktop Browser Platform | No |
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 | No |
Research Reports | No |
Easy Installation | Yes |
Global Indices | Yes |
Stock Tips | Yes |
Personalized Advisory | No |
Interactive Charts | Yes |
Live Markets | Yes |
SMS Alerts | Yes |
Email Alerts | Yes |
Multi Account Management | No |
Here are some of the trading Platforms offered by Sunlight Broking to its clients –
Sunlight Broking Trading Terminal
The company desktop trading platforms offers following feature:-
- Fully customized trading application
- Advance Ultra-Fast-Real-time Charting for investors
- Bulk Trade Watch
- View positions, limits and security holding
- Secured online fund transfer to get real time benefits
- Examine multiple scrip for new high, new low, new 52 week high, new 52 week low and many more
Sunlight Trading Web Trading Platform
The company web trading platforms offers following feature:-
- Fully secured and reliable trading platform
- Provides real time market quotes and online reports
- Set Emails and SMS alerts
- Payment gateway with leading bank
- Functional key alike brokers terminals
Sunlight Trading Mobile Trading App
It provides secure and real-time access to quotes and trading on the traders mobile.
The company light weight entirely functional trading app is secure, user-friendly and compatible to various mobile operating systems.
Sunlight Broking Customer Care
The broking company offers the following networks of communications to its users as given below:
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 |
If the customers of Sunlight Broking come across with any trading or investment issues, then they can free consult for their queries by using the following customer support.
The company provides Offline and Online Trading facility, Email Support and even they have 428 branches across the country. The customers can even visit their nearest branch and resolve their queries.
Sunlight Broking Complaints and Feedback
Find the list of complaint against Sunlight Broking
Lodged in BSE | 0 |
Resolved in BSE | 0 |
Lodged in NSE | 1 |
Resolved in NSE | 1 |
Percentage of No. of Complaints Received Against Number of Active Clients | 0.015 |
In the last financial year, Sunlight Broking has received only 1 complaint against them in NSE and o complaint in BSE.However the only one complaint which was received against them by NSE was resolved by the exchange in the same financial year.
The total number of complaints received from their active clients was 0.015%.
Sunlight Broking Advantages and Disadvantages:
Below mentioned is the list of pros and cons of Sunlight Broking:
Pros of Sunlight Broking
Likewise, you will acquire these great benefits if you move forward and open an account with this comprehensive stockbroker:
- Lowest exchange transaction charges
- The company promoters have high industry experience
- The company provides advanced trading platforms
Cons Of Sunlight Broking
Discuss some of the worries if you make use of this full-service trader for your stock market trading:
- The company does not offer high exposure to the traders
- 24 hours customer support and toll –free number is not available
- The company does not provide discount on brokerage
Sunlight Broking Conclusion
At last it is concluded that the company spare no efforts to provide high standard of services and products to its customers at low price. With the company advance and effortless trading platform, traders can smoothly execute their trade without any worries
Open Demat Account with Sunlight Broking
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