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Sunlight 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 offers


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

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.


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    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


    Find Brokerage Charges of other Brokers

    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

    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

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      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


      Find Exposure or Margin of other Stock Brokers

      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


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