Anand Rathi vs Shoonya – Compare Charges, Trading Features, Offers & More

Overview — Anand Rathi vs. Shoonya

Anand Rathi is listed as a Public Discount Broker established in 1994 with headquarters in Mumbai and founded by Anand Rathi. The broker highlights access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access, web trading, desktop terminal access and algo trading support and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips. It follows a Standard Plan brokerage structure.

Shoonya is listed as a Private Discount Broker established in 2020 with headquarters in Punjab and founded by Sarvjeet Singh Virk and Tajinder Virk. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures using mobile app access, web trading, desktop terminal access and algo trading support and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and customised recommendations. Its brokerage model is structured as Standard.

Both brokers use technology-driven platforms to attract active traders and investors, but the better option depends on the combination of pricing, products, services, and support that matters most to you.

Brokerage charges comparison — Anand Rathi vs. Shoonya

Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Anand Rathi and Shoonya.

Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Anand Rathi charges 0.30% of Transaction Value while Shoonya charges Zero.

Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Anand Rathi charges 0.30% of Transaction Value while Shoonya charges 0.03% or Rs. 5.00 whichever is low.

Equity futures: This charge applies to futures contracts on stocks and indices. Anand Rathi charges 0.30% of Transaction Value while Shoonya charges 0.03% or Rs. 5.00 whichever is low.

Equity options: This charge applies to equity option contracts. Anand Rathi charges Rs.50 per Lot while Shoonya charges Flat ₹5 plus GST on per executed order.

Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Anand Rathi charges 0.03% of Transaction Value while Shoonya charges 0.03% or Rs. 5.00 whichever is low.

Commodity options: This charge applies to option contracts on commodity instruments. Anand Rathi charges Rs.25 per Lot while Shoonya charges Flat ₹5 plus GST on per executed order.

Currency futures: This charge allows participation in forex price movements on the exchange. Anand Rathi charges 0.03% of Transaction Value while Shoonya charges 0.03% or Rs. 5.00 whichever is low.

Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Anand Rathi charges Rs.25 per Lot while Shoonya charges Flat ₹5 plus GST on per executed order.

Trading platforms comparison — Anand Rathi vs. Shoonya

Anand Rathi provides mobile app access, web trading, desktop terminal access and algo trading support for order placement, portfolio tracking, and market monitoring. Shoonya provides mobile app access, web trading, desktop terminal access and algo trading support for its users.

• Android app: Anand Rathi and Shoonya both list an Android trading app.

• iOS app: Anand Rathi and Shoonya both list an iOS trading app.

• Web trading platform: Anand Rathi and Shoonya both list a web trading platform.

• Desktop trading terminal: Anand Rathi and Shoonya both list a desktop trading terminal.

• Algo trading: Anand Rathi and Shoonya both list algo trading support.

• Basket trading: Shoonya lists basket trading, while Anand Rathi does not currently mention it.

• Foreign stocks platform: Neither broker currently highlights foreign stocks access.

• Mutual fund platform: Anand Rathi and Shoonya both list a mutual fund investment platform.

• Digital gold platform: Neither broker currently highlights digital gold investing.

• Bonds platform: Neither broker currently highlights a bonds investment platform.

Anand Rathi vs. Shoonya — Comparison of trading features

Anand Rathi highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips, while Shoonya promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and customised recommendations. The table below shows the full feature set for both brokers side by side.

• Wishlist: Monitor specific stocks or assets by adding them to a watchlist for close tracking. Both Anand Rathi and Shoonya offer this feature.

• Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Anand Rathi and Shoonya offer this feature.

• Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Anand Rathi and Shoonya offer this feature.

• Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Anand Rathi and Shoonya offer this feature.

• Research reports: A comprehensive overview of different stocks and sectors in the stock market. Both Anand Rathi and Shoonya offer this feature.

• Customised recommendations: Personalised investment suggestions based on your objectives and behaviour patterns. Shoonya offers this; Anand Rathi does not currently highlight it.

• Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Both Anand Rathi and Shoonya offer this feature.

• Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both Anand Rathi and Shoonya offer this feature.

• Live market: Live updates on market movements and trends. Both Anand Rathi and Shoonya offer this feature.

• Multi profile management: Manage multiple trading profiles from a single account. Both Anand Rathi and Shoonya offer this feature.

• Secure platform: A secure trading environment with next-generation security controls. Both Anand Rathi and Shoonya offer this feature.

Anand Rathi vs. Shoonya — Comparison of offers

Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Anand Rathi and Shoonya.

• Free account opening: Anand Rathi and Shoonya both list free account opening.

• Free AMC: Anand Rathi lists free Demat AMC, while Shoonya does not currently mention it.

• Free brokerage: Neither broker currently highlights free brokerage.

• Flat brokerage: Anand Rathi lists flat brokerage pricing, while Shoonya does not currently mention it.

• Flexible brokerage plans: Anand Rathi and Shoonya both list flexible brokerage plans.

• Happy trading hours: Neither broker currently highlights happy trading hours.

• Free delivery trading: Shoonya lists free delivery trading, while Anand Rathi does not currently mention it.

• Free intraday trading: Neither broker currently highlights free intraday trading.

• Free F&O trading: Neither broker currently highlights free F&O trading.

• Free research reports: Anand Rathi and Shoonya both list free research reports.

• Free trading calls: Anand Rathi lists free trading calls, while Shoonya does not currently mention it.

• Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.

• Referral offers: Anand Rathi offers Rs.250 per Client for referrals; Shoonya does not currently list a referral offer.

Offered products comparison — Shoonya vs. Anand Rathi

Product availability determines whether a broker can support your preferred markets. Anand Rathi highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while Shoonya highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures.

The table below compares the full product lineup side by side across equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures, currency options, foreign stocks, mutual funds, insurance, corporate bonds and government bonds.

• Demat services: Anand Rathi and Shoonya both list Demat services.

• Trading services: Anand Rathi and Shoonya both list trading services.

• Intraday services: Anand Rathi and Shoonya both list intraday trading services.

• F&O services: Anand Rathi and Shoonya both list F&O services.

• IPO services: Anand Rathi and Shoonya both list IPO services.

• 3-in-1 account: Neither broker currently highlights 3-in-1 account support.

• Stock research: Anand Rathi and Shoonya both list stock research.

• Stock recommendations: Anand Rathi and Shoonya both list stock recommendations.

• Trading education: Neither broker currently highlights trading education.

• Share pledging: Anand Rathi and Shoonya both list share pledging.

• PMS or PCG: Anand Rathi lists PMS or PCG support, while Shoonya does not currently mention it.

• NRI services: Anand Rathi lists NRI services, while Shoonya does not currently mention it.

Offered services comparison — Anand Rathi vs. Shoonya

Anand Rathi provides Demat services, trading services, intraday trading, F&O trading, IPO access and stock research, while Shoonya offers Demat services, trading services, intraday trading, F&O trading, IPO access and stock research.

Stock advisory service comparison — Anand Rathi vs. Shoonya

Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Anand Rathi and Shoonya.

Exposure comparison — Anand Rathi vs. Shoonya

Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Anand Rathi and Shoonya across different segments.

Comparison of programs — Anand Rathi vs. Shoonya

Anand Rathi lists a sub-broker program, while Shoonya does not currently mention it. Anand Rathi lists a partner program, while Shoonya does not currently mention it. Anand Rathi lists a referral program, while Shoonya does not currently mention it.

Customer support comparison — Anand Rathi vs. Shoonya

Anand Rathi provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Shoonya provides support through trading desk support, call support, email support, website support and Facebook support. Anand Rathi operates Available branches. Shoonya operates Mumbai branches.

Ratings — Anand Rathi vs. Shoonya

Both brokers have been evaluated across key parameters to help investors make an informed comparison. Anand Rathi carries an overall rating of 7.90 / 10, while Shoonya carries an overall rating of 4/5.

Complaints — Anand Rathi vs. Shoonya

SEBI, BSE, and NSE regularly publish broker complaint data as part of investor protection oversight. The table below shows the complaint records for both brokers.

Transaction charges comparison — Anand Rathi vs. Shoonya

Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Anand Rathi and Shoonya.

Pledge charges comparison — Anand Rathi vs. Shoonya

Pledge creation charges apply when traders borrow against their held securities. Pledge invocation charges apply if the pledged shares are sold due to a shortfall. Margin trading interest is the rate charged on borrowed funds.

Hidden charges comparison — Anand Rathi vs. Shoonya

Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.

Compare Demat charges — Anand Rathi vs Shoonya

Anand Rathi lists account opening charges of Free and Demat AMC of Rs.450 per Year (1st Year Free). Shoonya lists account opening charges of Free and Demat AMC of Zero.

Anand Rathi vs Shoonya — Compare STT & CTT

Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) are government levies — the same for all brokers in India. These are shown below for reference.

Compare stamp duty — Anand Rathi and Shoonya

Stamp duty is a government tax charged when the broker issues, sells, or transfers a security. It is collected at the end of each trading day.

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