Sharekhan vs Shoonya – Compare Charges, Trading Features, Offers & More

Overview — Sharekhan vs. Shoonya

Sharekhan is listed as a Private Discount Broker established in 2000 with headquarters in Mumbai and founded by Mukesh meena Dayalpura. 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 customised recommendations. It follows a Freedom Pricing 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 — Sharekhan vs. Shoonya

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

Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Sharekhan charges 0.30% of Transaction Value or 1 paisa per share (whichever is higher) while Shoonya charges Zero.

Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Sharekhan charges 0.02% of Transaction Value or 1 paisa per share (whichever is higher) while Shoonya charges 0.03% or Rs. 5.00 whichever is low.

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

Equity options: This charge applies to equity option contracts. Sharekhan charges Rs.30 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. Sharekhan 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. Sharekhan charges Rs.75 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. Sharekhan 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. Sharekhan charges Rs.20 per Lot while Shoonya charges Flat ₹5 plus GST on per executed order.

Trading platforms comparison — Sharekhan vs. Shoonya

Sharekhan 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: Sharekhan and Shoonya both list an Android trading app.

• iOS app: Sharekhan and Shoonya both list an iOS trading app.

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

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

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

• Basket trading: Sharekhan and Shoonya both list basket trading.

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

• Mutual fund platform: Sharekhan 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.

Sharekhan vs. Shoonya — Comparison of trading features

Sharekhan highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and customised recommendations, 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 Sharekhan and Shoonya offer this feature.

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

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

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

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

• Customised recommendations: Personalised investment suggestions based on your objectives and behaviour patterns. Both Sharekhan and Shoonya offer this feature.

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

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

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

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

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

Sharekhan 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 Sharekhan and Shoonya.

• Free account opening: Sharekhan and Shoonya both list free account opening.

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

• Free brokerage: Neither broker currently highlights free brokerage.

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

• Flexible brokerage plans: Sharekhan 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 Sharekhan 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: Shoonya lists free research reports, while Sharekhan does not currently mention it.

• Free trading calls: Sharekhan 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: Sharekhan offers Upto Rs.400 per Client for referrals; Shoonya does not currently list a referral offer.

Offered products comparison — Shoonya vs. Sharekhan

Product availability determines whether a broker can support your preferred markets. Sharekhan 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 and foreign stocks.

• Demat services: Sharekhan and Shoonya both list Demat services.

• Trading services: Sharekhan and Shoonya both list trading services.

• Intraday services: Sharekhan and Shoonya both list intraday trading services.

• F&O services: Sharekhan and Shoonya both list F&O services.

• IPO services: Sharekhan and Shoonya both list IPO services.

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

• Stock research: Sharekhan and Shoonya both list stock research.

• Stock recommendations: Sharekhan and Shoonya both list stock recommendations.

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

• Share pledging: Sharekhan and Shoonya both list share pledging.

• PMS or PCG: Neither broker currently highlights PMS or PCG support.

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

Offered services comparison — Sharekhan vs. Shoonya

Sharekhan 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 — Sharekhan 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 Sharekhan and Shoonya.

Exposure comparison — Sharekhan vs. Shoonya

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

Comparison of programs — Sharekhan vs. Shoonya

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

Customer support comparison — Sharekhan vs. Shoonya

Sharekhan provides support through trading desk support, dedicated dealer assistance, call support, email support and WhatsApp support. Shoonya provides support through trading desk support, call support, email support, website support and Facebook support. Sharekhan operates - branches. Shoonya operates Mumbai branches.

Ratings — Sharekhan vs. Shoonya

Both brokers have been evaluated across key parameters to help investors make an informed comparison. Sharekhan carries an overall rating of 9.06 / 10, while Shoonya carries an overall rating of 4/5.

Complaints — Sharekhan 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 — Sharekhan vs. Shoonya

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

Pledge charges comparison — Sharekhan 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 — Sharekhan 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 — Sharekhan vs Shoonya

Sharekhan lists account opening charges of Free and Demat AMC of Free (1st Year). Shoonya lists account opening charges of Free and Demat AMC of Zero.

Sharekhan 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 — Sharekhan 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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