SBI Securities vs Shoonya – Compare Charges, Trading Features, Offers & More

Overview — SBI Securities vs. Shoonya

SBI Securities is listed as a Public Discount Broker established in Arun Mehta with headquarters in Mumbai and founded by Arun Mehta. 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 and desktop terminal access 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 — SBI Securities vs. Shoonya

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

Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. SBI Securities charges 0.50% of Transaction Value while Shoonya charges Zero.

Equity intraday: This charge applies to buy-sell positions closed within the same trading day. SBI Securities charges 0.075% 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. SBI Securities charges 0.05% of Transaction Value while Shoonya charges 0.03% or Rs. 5.00 whichever is low.

Equity options: This charge applies to equity option contracts. SBI Securities charges Rs.50 to Rs.100 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. SBI Securities charges 0.05% 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. SBI Securities charges Rs.50 to Rs.100 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. SBI Securities charges 0.05% 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. SBI Securities charges Rs.20 to Rs.30 per lot while Shoonya charges Flat ₹5 plus GST on per executed order.

Trading platforms comparison — SBI Securities vs. Shoonya

SBI Securities provides mobile app access, web trading and desktop terminal access 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: SBI Securities and Shoonya both list an Android trading app.

• iOS app: SBI Securities and Shoonya both list an iOS trading app.

• Web trading platform: SBI Securities and Shoonya both list a web trading platform.

• Desktop trading terminal: SBI Securities and Shoonya both list a desktop trading terminal.

• Algo trading: Shoonya lists algo trading support, while SBI Securities does not currently mention it.

• Basket trading: SBI Securities and Shoonya both list basket trading.

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

• Mutual fund platform: SBI Securities and Shoonya both list a mutual fund investment platform.

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

• Bonds platform: SBI Securities lists a bonds investment platform, while Shoonya does not currently mention it.

SBI Securities vs. Shoonya — Comparison of trading features

SBI Securities 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 SBI Securities and Shoonya offer this feature.

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

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

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

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

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

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

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

• Live market: Live updates on market movements and trends. Both SBI Securities and Shoonya offer this feature.

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

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

SBI Securities 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 SBI Securities and Shoonya.

• Free account opening: Shoonya lists free account opening, while SBI Securities does not currently mention it.

• Free AMC: Neither broker currently highlights free Demat AMC.

• Free brokerage: Neither broker currently highlights free brokerage.

• Flat brokerage: Neither broker currently highlights flat brokerage pricing.

• Flexible brokerage plans: SBI Securities 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 SBI Securities 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: SBI Securities and Shoonya both list free research reports.

• Free trading calls: SBI Securities 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: SBI Securities offers Upto Rs.700 per Client for referrals; Shoonya does not currently list a referral offer.

Offered products comparison — Shoonya vs. SBI Securities

Product availability determines whether a broker can support your preferred markets. SBI Securities 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, mutual funds, banking services, insurance, corporate bonds, government bonds, bonds and foreign stocks.

• Demat services: SBI Securities and Shoonya both list Demat services.

• Trading services: SBI Securities and Shoonya both list trading services.

• Intraday services: SBI Securities and Shoonya both list intraday trading services.

• F&O services: SBI Securities and Shoonya both list F&O services.

• IPO services: SBI Securities and Shoonya both list IPO services.

• 3-in-1 account: SBI Securities lists 3-in-1 account support, while Shoonya does not currently mention it.

• Stock research: SBI Securities and Shoonya both list stock research.

• Stock recommendations: SBI Securities and Shoonya both list stock recommendations.

• Trading education: SBI Securities lists trading education, while Shoonya does not currently mention it.

• Share pledging: SBI Securities and Shoonya both list share pledging.

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

• NRI services: SBI Securities lists NRI services, while Shoonya does not currently mention it.

Offered services comparison — SBI Securities vs. Shoonya

SBI Securities provides Demat services, trading services, intraday trading, F&O trading, IPO access and 3-in-1 account support, while Shoonya offers Demat services, trading services, intraday trading, F&O trading, IPO access and stock research.

Stock advisory service comparison — SBI Securities 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 SBI Securities and Shoonya.

Exposure comparison — SBI Securities vs. Shoonya

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

Comparison of programs — SBI Securities vs. Shoonya

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

Customer support comparison — SBI Securities vs. Shoonya

SBI Securities 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. SBI Securities operates Available branches. Shoonya operates Mumbai branches.

Ratings — SBI Securities vs. Shoonya

Both brokers have been evaluated across key parameters to help investors make an informed comparison. SBI Securities carries an overall rating of 8.95 / 10, while Shoonya carries an overall rating of 4/5.

Complaints — SBI Securities 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 — SBI Securities vs. Shoonya

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

Pledge charges comparison — SBI Securities 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 — SBI Securities 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 — SBI Securities vs Shoonya

SBI Securities lists account opening charges of Rs.850 and Demat AMC of Rs.750. Shoonya lists account opening charges of Free and Demat AMC of Zero.

SBI Securities 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 — SBI Securities 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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