Sunlight Broking Review, Brokerage Charges, Demat A/C, Platforms & more

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 Customer Ratings & Review

Experience3.4/5
Products & Services3.1/5
Brokerage Charges & Fees3.3/5
Stock Research & Advisory3.0/5
Trading Platforms3.2/5
Overall Ratings3.2/5
Star Ratings★★★☆☆
Total Client Reviews198

 


About Sunlight Broking

Company TypePrivate
Broker TypeFull Service Broker
HeadquartersDaman (UT)
FounderS R Toshniwal
Established Year2016

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.


Open Demat Account with Sunlight Broking

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Sunlight Broking Brokerage Charges

Equity Delivery Trading0.28%
Equity Intraday Trading0.03%
Commodity Options Trading0.03%
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 ChargesFree
Trading AMC ChargesRs.250 per Annum
Margin MoneyMinimum Rs.3,000
Brokerage CalculatorSunlight 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 Charges0.00325%
STT0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)
GST18% 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 SourceCDSL & NSDL
Account Opening ChargesRs.300
Demat AMC ChargesFree
Trading AMC ChargesRs.250 per Annum
Margin MoneyMinimum Rs.3,000
Offline to OnlineYes

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

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

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Microsec CapitalN G RathiProgressive ShareRudra Shares
Modex SecuritiesNine Star BrokingProstocksR 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

Fill Your Details Here
  1. Open Demat Account

Sunlight Broking Products & Services

Here are the list of Products provided by Sunlight Broking

Sunlight Broking stock Products

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

At Sunlight Broking, traders can possess following products:

  • Equity
  • Commodity
  • Currency
  • Mutual Funds
  • SIP
  • Options
  • Futures

Sunlight Broking Service Offerings

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

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 DeliveryUpto 2X
Equity IntradayUpto 2X
Equity FuturesUpto 3X
Equity OptionsUpto 5X
Currency FuturesUpto 4X
Currency OptionsUpto 2X
CommoditiesUpto 3X
Margin CalculatorSunlight 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 – WindowsYes
Desktop Platform – MacYes
Desktop Browser PlatformNo
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 FlashNo
Research ReportsNo
Easy InstallationYes
Global IndicesYes
Stock TipsYes
Personalized AdvisoryNo
Interactive ChartsYes
Live MarketsYes
SMS AlertsYes
Email AlertsYes
Multi Account ManagementNo

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

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 BSE0
Resolved in BSE0
Lodged in NSE1
Resolved in NSE1
Percentage of No. of Complaints Received Against Number of Active Clients0.015

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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