Shoonya and Bajaj Broking are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. Shoonya is listed as a Private Discount Broker , established in 2020 and headquartered in Punjab, while Bajaj Broking is listed as a Public Discount Broker , established in 2010 and headquartered in Pune, Maharashtra.
This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether Shoonya or Bajaj Broking is a better fit for your investment style, platform preference, and budget.
Shoonya is listed as a Private Discount Broker established in 2020 with headquarters in Punjab and founded by Sarvjeet Singh Virk and Tajinder Virk. 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 customised recommendations. It follows a Standard brokerage structure.
Bajaj Broking is listed as a Public Discount Broker established in 2010 with headquarters in Pune, Maharashtra and founded by Jamnalal Bajaj. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and mutual funds 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 stock tips. Its brokerage model is structured as Freedom Pack, Professional Pack, Signature Pack.
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.
Shoonya vs Bajaj Broking — A Comprehensive Company Overview
| Company Overview | Shoonya | Bajaj Broking |
|---|---|---|
| Company Type | Private | Public |
| Broker Type | Discount Broker | Discount Broker |
| Headquarters | Punjab | Pune, Maharashtra |
| Founder | Sarvjeet Singh Virk and Tajinder Virk | Jamnalal Bajaj |
| Establishment Year | 2020 | 2010 |
| Brokerage Plan | Standard | Freedom Pack, Professional Pack, Signature Pack |
Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Shoonya and Bajaj Broking.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Shoonya charges Zero while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).
Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Shoonya charges 0.03% or Rs. 5.00 whichever is low while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).
Equity futures: This charge applies to futures contracts on stocks and indices. Shoonya charges 0.03% or Rs. 5.00 whichever is low while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).
Equity options: This charge applies to equity option contracts. Shoonya charges Flat ₹5 plus GST on per executed order while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).
Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Shoonya charges 0.03% or Rs. 5.00 whichever is low while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).
Commodity options: This charge applies to option contracts on commodity instruments. Shoonya charges Flat ₹5 plus GST on per executed order while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).
Currency futures: This charge allows participation in forex price movements on the exchange. Shoonya charges 0.03% or Rs. 5.00 whichever is low . Bajaj Broking does not currently list a charge for this segment.
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Shoonya charges Flat ₹5 plus GST on per executed order . Bajaj Broking does not currently list a charge for this segment.
Shoonya vs Bajaj Broking — Detailed Brokerage Comparison
| Brokerage | Shoonya | Bajaj Broking |
|---|---|---|
| Brokerage Plan | Standard | Freedom Pack, Professional Pack, Signature Pack |
| Subscription Charges | Zero | Freedom: free for 1st year, then ₹431 per year | Professional: ₹2,500 per year |
| Equity Delivery | Zero | Starting ₹10 per order (Freedom Pack ₹20) |
| Equity Intraday | 0.03% or Rs. 5.00 whichever is low | Starting ₹10 per order (Freedom Pack ₹20) |
| Equity Future | 0.03% or Rs. 5.00 whichever is low | Starting ₹10 per order (Freedom Pack ₹20) |
| Equity Option | Flat ₹5 plus GST on per executed order | Starting ₹10 per order (Freedom Pack ₹20) |
| Commodity Future | 0.03% or Rs. 5.00 whichever is low | Starting ₹10 per order (Freedom Pack ₹20) |
| Commodity Option | Flat ₹5 plus GST on per executed order | Starting ₹10 per order (Freedom Pack ₹20) |
| Currency Future | 0.03% or Rs. 5.00 whichever is low | N/A |
| Currency Option | Flat ₹5 plus GST on per executed order | N/A |
Shoonya provides mobile app access, web trading, desktop terminal access and algo trading support for order placement, portfolio tracking, and market monitoring. Bajaj Broking provides mobile app access, web trading, desktop terminal access and algo trading support for its users.
Android app: Shoonya and Bajaj Broking both list an Android trading app.
iOS app: Shoonya and Bajaj Broking both list an iOS trading app.
Web trading platform: Shoonya and Bajaj Broking both list a web trading platform.
Desktop trading terminal: Shoonya and Bajaj Broking both list a desktop trading terminal.
Algo trading: Shoonya and Bajaj Broking both list algo trading support.
Basket trading: Shoonya lists basket trading, while Bajaj Broking does not currently mention it.
Foreign stocks platform: Neither broker currently highlights foreign stocks access.
Mutual fund platform: Shoonya and Bajaj Broking both list a mutual fund investment platform.
Digital gold platform: Neither broker currently highlights digital gold investing.
Bonds platform: Bajaj Broking lists a bonds investment platform, while Shoonya does not currently mention it.
Shoonya vs Bajaj Broking — Complete Comparison of Trading Platforms
| Trading Platform | Shoonya | Bajaj Broking |
|---|---|---|
| Android App | Download | Yes |
| iOS App | Download | Yes |
| Web Trading Platform | Shoonya Trade | Yes |
| Trading Terminal | Available | Yes |
| Algo Trading Platform | Available | Yes |
| Foreign Stocks Platform | No | N/A |
| Basket Trading Platform | Available | N/A |
| Mutual Fund Platform | Available | Yes |
| Digital Gold Platform | No | N/A |
| Bonds Platform | No | Yes |
Shoonya highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and customised recommendations, while Bajaj Broking promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips. 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 Shoonya and Bajaj Broking offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Shoonya and Bajaj Broking offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Shoonya and Bajaj Broking offer this feature.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Shoonya and Bajaj Broking offer this feature.
Research reports: A comprehensive overview of different stocks and sectors in the stock market. Both Shoonya and Bajaj Broking offer this feature.
Customised recommendations: Personalised investment suggestions based on your objectives and behaviour patterns. Shoonya offers this; Bajaj Broking does not currently highlight it.
Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Both Shoonya and Bajaj Broking offer this feature.
Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both Shoonya and Bajaj Broking offer this feature.
Live market: Live updates on market movements and trends. Both Shoonya and Bajaj Broking offer this feature.
Multi profile management: Manage multiple trading profiles from a single account. Shoonya offers this; Bajaj Broking does not currently highlight it.
Secure platform: A secure trading environment with next-generation security controls. Shoonya offers this; Bajaj Broking does not currently highlight it.
Shoonya vs Bajaj Broking — Comprehensive Comparison of Trading Features
| Trading Feature | Shoonya | Bajaj Broking |
|---|---|---|
| Wishlist | Yes | Yes |
| Real-Time Updates | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | Yes | Yes |
| Research Reports | Yes | Yes |
| Global Indices | N/A | |
| Customised Recommendations | Yes | N/A |
| Stock Tips | Yes | Yes |
| Interactive Charts | Yes | Yes |
| Live Market | Yes | Yes |
| Multi Profile Management | Yes | N/A |
| Robust & Secure Platform | Yes | N/A |
Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Shoonya and Bajaj Broking.
Free account opening: Shoonya and Bajaj Broking both list free account opening.
Free AMC: Bajaj Broking lists free Demat AMC, while Shoonya does not currently mention it.
Free brokerage: Neither broker currently highlights free brokerage.
Flat brokerage: Bajaj Broking lists flat brokerage pricing, while Shoonya does not currently mention it.
Flexible brokerage plans: Shoonya and Bajaj Broking both list flexible brokerage plans.
Happy trading hours: Neither broker currently highlights happy trading hours.
Free delivery trading: Shoonya lists free delivery trading, while Bajaj Broking 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 Bajaj Broking does not currently mention it.
Free trading calls: Bajaj Broking 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.
Shoonya vs Bajaj Broking — Comparison of Latest Offers
| Offer | Shoonya | Bajaj Broking |
|---|---|---|
| Free Account Opening | Yes | Yes |
| Free AMC | Yes | |
| Free Brokerage | No | No |
| Flat Brokerage | No | Yes |
| Flexible Brokerage Plans | Yes | Yes |
| Happy Trading Hours | N/A | |
| Free Delivery Trading | Yes | N/A |
| Free Intraday Trading | No | No |
| Free F&O Trading | No | No |
| Free Research Reports | Yes | N/A |
| Free Trading Calls | Yes | |
| Referral Offers | N/A | |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | N/A | |
| Zero Brokerage for Loss-Making Trades | N/A |
Product availability determines whether a broker can support your preferred markets. Shoonya highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while Bajaj Broking highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and mutual funds.
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, corporate bonds and bonds.
Shoonya vs Bajaj Broking — Complete Comparison of Products
| Product | Shoonya | Bajaj Broking |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | Yes | Yes |
| Commodity Future | Yes | Yes |
| Currency Option | Yes | N/A |
| Currency Future | Yes | N/A |
| Foreign Stocks | Yes | N/A |
| Mutual Funds | Yes | Yes |
| Banking | No | No |
| Insurance | No | No |
| Corporate Bonds | No | Yes |
| Government Bonds | No | N/A |
| Digital Gold | No | N/A |
Demat services: Shoonya and Bajaj Broking both list Demat services.
Trading services: Shoonya and Bajaj Broking both list trading services.
Intraday services: Shoonya and Bajaj Broking both list intraday trading services.
F&O services: Shoonya and Bajaj Broking both list F&O services.
IPO services: Shoonya and Bajaj Broking both list IPO services.
3-in-1 account: Neither broker currently highlights 3-in-1 account support.
Stock research: Shoonya and Bajaj Broking both list stock research.
Stock recommendations: Shoonya lists stock recommendations, while Bajaj Broking does not currently mention it.
Trading education: Neither broker currently highlights trading education.
Share pledging: Shoonya and Bajaj Broking both list share pledging.
PMS or PCG: Bajaj Broking lists PMS or PCG support, while Shoonya does not currently mention it.
NRI services: Bajaj Broking lists NRI services, while Shoonya does not currently mention it.
Shoonya provides Demat services, trading services, intraday trading, F&O trading, IPO access and stock research, while Bajaj Broking offers Demat services, trading services, intraday trading, F&O trading, IPO access and stock research.
Shoonya vs Bajaj Broking — In-Depth Comparison of Services
| Service | Shoonya | Bajaj Broking |
|---|---|---|
| Demat Services | Yes | Yes |
| Trading Services | Yes | Yes |
| Intraday Services | Yes | Yes |
| F&O Services | Yes | Yes |
| IPO Services | Yes | Yes |
| 3-in-1 Account | No | |
| Stock Research | Yes | Yes |
| Stock Recommendations | Yes | N/A |
| Trading Education | N/A | |
| Share Pledging | Yes | Yes |
| PMS or PCG | Yes | |
| NRI Services | Yes |
Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Shoonya and Bajaj Broking.
Shoonya and Bajaj Broking — Detailed Comparison of Advisory Services
| Advisory | Shoonya | Bajaj Broking |
|---|---|---|
| Fundamental Reports | Yes | N/A |
| Research Reports | Yes | Yes |
| Company Reports | Yes | N/A |
| Annual Reports | Yes | N/A |
| IPO Reports | Yes | N/A |
| Technical Reports | Yes | N/A |
| Stock Tips | Yes | Yes |
| Daily Top Stock Picks | Yes | N/A |
| Daily Market Review | Yes | Yes |
| Monthly Review | N/A | |
| Weekly Review | N/A | |
| Relationship Manager | N/A | |
| Robo Advisory | N/A |
Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Shoonya and Bajaj Broking across different segments.
Shoonya and Bajaj Broking — Comprehensive Comparison of Trading Exposure
| Exposure | Shoonya | Bajaj Broking |
|---|---|---|
| Equity Delivery | 1x | 1x (MTF up to 3.5x in selected stocks) |
| Equity Intraday | 2x | Up to 5x |
| Equity F&O Carry Forward | 1x | 1x (no additional margin) |
| Equity F&O Intraday | 2x | 1.3x |
| Commodity F&O Carry Forward | 1.5x | 1x (no additional margin) |
| Commodity F&O Intraday | 1.5x | 1.3x |
| Currency F&O | 1.5x | N/A |
Shoonya provides support through trading desk support, call support, email support, website support and Facebook support. Bajaj Broking provides support through trading desk support, call support, email support and website support. Shoonya operates Mumbai branches. Bajaj Broking operates Head office: 4th Floor, Bajaj Finserv House, Off Pune–Ahmednagar Road, Viman Nagar, Pune – 411014, Maharashtra branches.
Shoonya and Bajaj Broking — Comprehensive Comparison of Customer Support
| Support Channel | Shoonya | Bajaj Broking |
|---|---|---|
| Trading Support | +91 9779 902 002 | Yes |
| Dedicated Dealer | N/A | |
| Call Support | +91 1726 670 000 | Yes (1800-833-8888) |
| Email Support | [email protected] | Yes ([email protected]) |
| WhatsApp Support | N/A | |
| Website Support | https://shoonya.com/ | Yes (https://www.bajajbroking.in/knowledge-center) |
| Facebook Support | https://www.facebook.com/ShoonyaApp/ | — |
| Twitter / X Support | https://twitter.com/shoonyaapp | — |
| Telegram Support | https://t.me/Shoonya_App | — |
| Branches / Offices | Mumbai | Head office: 4th Floor, Bajaj Finserv House, Off Pune–Ahmednagar Road, Viman Nagar, Pune – 411014, Maharashtra |
Both brokers have been evaluated across key parameters to help investors make an informed comparison. Shoonya carries an overall rating of 4/5, while Bajaj Broking carries an overall rating of 3.6 / 5.
Shoonya vs Bajaj Broking — Ratings Comparison
| Rating Parameter | Shoonya | Bajaj Broking |
|---|---|---|
| Overall Rating | 4/5 | 3.6 / 5 |
| Customer Support | 4/5 | 3.5 / 5 |
| Technology | 4/5 | 3.5 / 5 |
| Charges | 4/5 | 3.5 / 5 |
| Products & Services | 4/5 | 4.0 / 5 |
| Experience | 4/5 | N/A |
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.
Shoonya & Bajaj Broking — Comparison of Customer Complaints
| Complaint Metric | Shoonya | Bajaj Broking |
|---|---|---|
| Total Complaints Lodged | 34 (NSE, FY 2026-27, against 65,587 active clients) | |
| Total Complaints Resolved | N/A | |
| % of Resolved Complaints | N/A | |
| Non-Actionable Complaints | N/A | |
| % of Non-Actionable Complaints | N/A |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Shoonya and Bajaj Broking.
Shoonya vs Bajaj Broking — Detailed Comparison of Transaction Charges
| Transaction Charges | Shoonya | Bajaj Broking |
|---|---|---|
| Equity Delivery | 0.00297% | NSE 0.00345% | BSE varies by scrip group |
| Equity Intraday | 0.00297% | NSE 0.00345% | BSE varies by scrip group |
| Equity Future | Exchange txn charge: 0.00173% | NSE 0.002% | BSE Nil or 0.05% of traded value |
| Equity Option | txn charge: 0.03503% (on premium) | NSE 0.053% on premium | BSE Nil or 0.05% of traded value |
| Commodity Future | MCX: 0.0021% | N/A |
| Commodity Option | MCX: 0.0418% | N/A |
| Currency Future | Exchange txn charge: 0.00035% | N/A |
| Currency Option | Exchange txn charge: 0.0311% | N/A |
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.
Shoonya & Bajaj Broking — Comprehensive Comparison of Pledge Charges
| Pledge Charge | Shoonya | Bajaj Broking |
|---|---|---|
| Pledge Creation Charges | Rs 20 + GST per ISIN | ₹40 + GST |
| Pledge Invocation Charges | ₹50 + GST per ISIN | |
| Margin Trading Interest | 14.99% p.a. (Freedom) | 11.99% p.a. (Professional) |
Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.
Shoonya and Bajaj Broking — Detailed Comparison of Hidden / Other Charges
| Charge | Shoonya | Bajaj Broking |
|---|---|---|
| SEBI Turnover Charges | ₹10/crore | ₹10 per crore (0.0001%) |
| DP Charges | Rs 9 + Gst | ₹30 per ISIN per debit transaction |
| GST | 18% on ( transaction charges) | 18% on brokerage, transaction charges and SEBI fees |
| Account Closure Charges | N/A | |
| Reactivation Charges | N/A | |
| Dematerialisation Charges | ₹100 per request + ₹100 per certificate + GST | |
| Call & Trade Charges | Zero | ₹20 + GST per executed order |
Shoonya lists account opening charges of Free and Demat AMC of Zero. Bajaj Broking lists account opening charges of ₹0 and Demat AMC of ₹0.
Shoonya vs Bajaj Broking — Detailed Comparison of Demat Charges
| Demat Charges | Shoonya | Bajaj Broking |
|---|---|---|
| Account Opening Charges | Free | ₹0 |
| Annual Maintenance Charges (AMC) | Zero | ₹0 |
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.
Shoonya vs Bajaj Broking — Comparative Analysis of STT and CTT Charges
| STT & CTT | Shoonya | Bajaj Broking |
|---|---|---|
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy and sell |
| Equity Intraday | 0.025% on the sell side | 0.025% on sell side |
| Equity Future | 0.02% on the sell side | 0.05% on sell side |
| Equity Option | 0.1% on sell side | 0.15% of premium on sell side |
| Commodity Future | 0.01% on sell side | 0.01% on sell side (non-agri) |
| Commodity Option | 0.05% (of Selling Value) | 0.01% on sell side (non-agri) |
| Currency Future | Zero | No STT |
| Currency Option | Zero | No STT |
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.
Shoonya and Bajaj Broking — Comparison of Stamp Duty Charges
| Stamp Duty | Shoonya | Bajaj Broking |
|---|---|---|
| Equity Delivery | 0.1% on buy & sell | 0.015% (buy side) |
| Equity Intraday | 0.025% on the sell side | 0.003% (buy side) |
| Equity Future | 0.02% on the sell side | 0.002% (buy side) |
| Equity Option | 0.1% on sell side | 0.003% (buy side) |
| Commodity Future | 0.002% or ₹200 / crore on buy side | 0.002% (buy side) |
| Commodity Option | 0.003% or ₹300 / crore on buy side | 0.003% (buy side) |
| Currency Future | 0.0001% or ₹10 / crore on buy side | 0.0001% (buy side) |
| Currency Option | 0.0001% or ₹10 / crore on buy side | 0.0001% (buy side) |