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5paisa vs Shoonya

In this article, we will review ‘5paisa vs Shoonya‘ on the basis of Brokerage charges, Account maintenance charges, Investment options, Customer service, User reviews, Research and analysis, broker’s track record & reputation.

Company Overview

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Company name 5paisa Shoonya by Finvasia
Headquarters Thane Mumbai
Founder Prakarsh Gagdani, Nirmal Jain Sarvjeet Singh Virk and Tajinder Singh Virk
Establishment Year 2016 2009

Account opening & AMC

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Account Opening Fee The account opening fee, also known as account setup charges, refers to the one-time charge levied by a brokerage firm when you open a new Demat and trading account to invest in securities like stocks, bonds, or ETFs. These fees can vary depending on the type of account, the brokerage firm, and any current promotions or offers. ₹0 ₹0
Annual Maintenance Charges (AMC) This is a yearly fee levied by the depository participant (DP) to maintain your Demat account, where your shares are held electronically. ₹300/year ₹0

Pledge Charges

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Pledge Creation Charges ₹50 ₹20
Pledge Invocation Charges ₹0 ₹20
Interest on Margin Trading 0.06% Per Day Does not provide
Margin Re-Pledge ₹12.50 + GST per scrip ₹20

Brokerage charges & Fees

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Brokerage Plan Regular Account Standard account
Equity Delivery Charges ₹20 ₹0
Equity Intraday Charges ₹20 ₹0
Equity Futures charges ₹20 ₹0
Equity Options charges ₹20 ₹0
Currency Futures charges ₹20 ₹0
Currency Options charges ₹20 ₹0
Commodity Futures charges ₹20 ₹0
Commodity Options charges ₹20 ₹0

Customer services offered

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Demat Services ✅Yes ✅Yes
Trading Services ✅Yes ✅Yes
Intraday Services ✅Yes ✅Yes
F&O Services ✅Yes ✅Yes
IPO Services ✅Yes ✅Yes
Share Pledging ✅Yes ✅Yes
NRI Services ⛔No ⛔No
Referral Program ✅Yes ✅Yes

Customer Support

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Call Support 089766 89766 +91 1726 750 000, +91 9779 097 777
Email Support support@5paisa.com clientsupport@shoonya.com
Whatsapp Support ⛔No ⛔ No
Website Support ✅Yes, create ticket ✅Yes, Chat support

Leverage (Margin) Offered

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Equity Delivery Margin Leverage No leverage available; requires full margin upfront No leverage available; you need the full purchase value in your account.
Equity Intraday Margin Leverage Upto 5x depending on the stock (lower leverage for volatile stocks) Upto 5x depending on the stock (lower leverage for volatile stocks)
Equity F&O Intraday Margin Leverage No leverage available; requires full margin upfront No leverage available; you need the full purchase value in your account.
Equity F&O Carry Forward Margin Leverage No leverage available; requires full margin upfront No leverage available; you need the full purchase value in your account.
Currency F&O Margin Leverage No leverage available; requires full margin upfront No leverage available; you need the full purchase value in your account.
Commodity F&O Intraday Margin Leverage No leverage available; requires full margin upfront No leverage available; you need the full purchase value in your account.
Commodity F&O Carry Forward Margin Leverage No leverage available; requires full margin upfront No leverage available; you need the full purchase value in your account.

Unique Offerings

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Free Account Opening ✅Yes ✅Yes
Free Brokerage ✅Yes, but with Ultra Trader (₹1199 per month) ✅Yes
Free AMC ⛔No ✅Yes
Free Equity Delivery ✅Yes, but with Ultra Trader (₹1199 per month) ✅Yes
Free F&O Trading ⛔No ✅Yes
Free Intraday Trading ✅Yes, but with Ultra Trader (₹1199 per month) ✅Yes
Free Trading calls ₹100 ⛔No
Happy Trading Hours ⛔No ⛔No
Flexible Brokerage Plans ✅Yes ✅Yes
Referral Offers ✅Yes ✅Yes
Margin Funding (MTF)/ Pledging ✅Yes ⛔No
Brokerage Cashback ⛔No ⛔No
Zero Brokerage for Loss Making Trades ⛔No ⛔No
Relationship Manager ⛔No ⛔No

Services Provided

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Equity Delivery ✅Yes ✅Yes
Equity Intraday ✅Yes ✅Yes
Equity Futures ✅Yes ✅Yes
Equity Options ✅Yes ✅Yes
Currency Futures ✅Yes ✅Yes
Currency Options ✅Yes ✅Yes
Commodity Futures ✅Yes ✅Yes
Commodity Options ✅Yes ✅Yes
Foreign Stocks ✅Yes, with Vested ⛔No
Mutual Funds ✅Yes ✅Yes
Banking ⛔No ⛔No
Insurance ⛔No ⛔No
Corporate Bonds ⛔No ⛔No
Govt. Bonds ✅Yes ⛔No
Digital Gold ⛔No ⛔No

Order Types

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Market Order ✅Yes ✅Yes
Limit Order ✅Yes ✅Yes
Bracket Order ✅Yes ✅Yes
Cover Order ✅Yes ✅Yes
After Market Order (AMO) ✅Yes ✅Yes
Good Till Cancelled (GTC) ✅Yes ✅Yes
Buy Today Sell Tomorrow (BTST) ✅Yes ⛔No
Sell Today Buy Tomorrow (STBT) ✅Yes ⛔No

Research & Reports

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Annual Reports ✅Yes ⛔No
Company Reports ✅Yes ⛔No
Research Reports ⛔No ⛔No
Fundamental Reports ✅Yes ⛔No
IPO Reports ✅Yes ✅Yes
Technical Reports ⛔No ⛔No
Stock tips ✅Yes ⛔No
Daily Market Review ✅Yes ✅Yes
Monthly Review ✅Yes ⛔No
Weekly Review ✅Yes ⛔No
Robo Advisory ⛔No ⛔No

STT & CTT Charges

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Equity Delivery STT & CTT 0.1% on Buy & Sell 0.1% on buy & sell
Equity Intraday STT & CTT 0.025% on the sell side 0.025% on the sell side
Equity Futures STT & CTT 0.0125% on the sell side 0.0125% on sell side
Equity Options STT & CTT 0.0625% on sell side (on premium) 0.0625% on sell side (on premium)
Currency Futures STT & CTT No STT No STT
Currency Options STT & CTT No STT No STT
Commodity Futures STT & CTT 0.01% on sell side (Non-Agri) 0.01% (of Selling Value)
Commodity Options STT & CTT 0.05% on sell side 0.05% (of Selling Value)

Trading Features

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Watchlist ✅Yes ✅Yes
Real Time Updates ✅Yes ✅Yes
Portfolio Details ✅Yes ✅Yes
Price Alert ✅Yes ✅Yes
Online Mutual Fund Buy ✅Yes ✅Yes
Global indices ⛔No ⛔No
Customized Recommendations ⛔No ⛔No
Advanced charting ✅Yes ✅Yes
Live market ✅Yes ✅Yes
Multiple Profile Management ⛔No ⛔No
Secure Platform ✅Yes ✅Yes

Trading Platforms

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Android App ✅Yes ✅Yes
iOS App ✅Yes ✅Yes
Web Trading Platform ✅Yes ✅Yes
Trading Terminal ✅Yes ✅Yes
Algo Trading Platform ✅Yes ✅Yes
Foreign Stocks Trading Platform ✅Yes ⛔No
Basket Trading Platform ✅Yes ✅Yes
Mutual Fund Investment Platform ✅Yes ✅Yes
Digital Gold Investment Platform ⛔No ⛔No
Bonds Investment Platform ✅Yes ⛔No

Transaction Charges

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Equity Delivery Transaction Charges NSE: 0.00325% | BSE: 0.00375% 0.00325%
Equity Intraday Transaction Charges NSE: 0.00325% | BSE: 0.00375% 0.00325%
Equity Futures Transaction Charges NSE: 0.0019% | BSE: 0 Exchange txn charge: 0.0019%
Equity Options Transaction Charges NSE: 0.05% (on premium) | BSE: 0.0325% (on premium) Exchange txn charge: 0.05% (on premium)
Currency Futures Transaction Charges 0.0009% Exchange txn charge: 0.0009%
Currency Options Transaction Charges NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% Exchange txn charge: 0.035%
Commodity Futures Transaction Charges Exchange txn charge: 0.0026% 260/ crore
Commodity Options Transaction Charges Exchange txn charge: 0.05% 5000/ crore

Stamp Duty charges

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
Equity Delivery Stamp Duty 0.015% or ₹1500 / crore on buy side 0.015%
Equity Intraday Stamp Duty 0.003% or ₹300 / crore on buy side 0.003%
Equity Futures Stamp Duty 0.002% or ₹200 / crore on buy side 0.002%
Equity Options Stamp Duty 0.003% or ₹300 / crore on buy side 0.003%
Currency Futures Stamp Duty 0.0001% or ₹10 / crore on buy side 0.0001% on Buy Side
Currency Options Stamp Duty 0.0001% or ₹10 / crore on buy side 0.0001% on Buy Side
Commodity Futures Stamp Duty 0.002% or ₹200 / crore on buy side 0.002%
Commodity Options Stamp Duty 0.003% or ₹300 / crore on buy side 0.003%

Other Charges

5paisa Demat Account & Mobile app ReviewShoonya Finvasia Brokerage charges Review
SEBI Turnover Charges ₹10 / crore ₹10/Crore (For all segments)
DP Charges ₹12.5 + GST per scrip ₹9 + GST/scrip
GST charges 18% of (Brokerage + Transaction charges + Demat) 18% of (brokerage + transaction charges + Demat)
Account Closure Charges Free Free
Reactivation Charges Free Free
Dematerialization Charges ₹15 per certificate + ₹40 for postal charges ₹150 per certificate + ₹100 courier charges
Call and Trade charges ₹100 ₹0