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Shoonya vs Groww Review & Brokerage Charges
In India, Shoonya and Groww are both well-known online trade sites that don’t charge fees. We’ll look at Shoonya and Groww more closely to see how they vary in areas such as what features they offer, how much they cost, how simple they are to use, and how responsive is their customer support. You’ll have a better idea of which platform (Shoonya vs Groww) is best for you by the end!
Post Disclaimer
For informational purposes only:
The information presented on this website is for informational purposes only and should not be construed as financial, legal, or professional advice. While we strive to provide accurate and up-to-date information, we cannot guarantee its completeness or accuracy. Any opinions expressed herein are solely those of the author or individual contributor and do not necessarily reflect the views of any company, organization, or other entity.
Do your own research:
Readers are encouraged to conduct their due diligence and consult with a qualified professional before making any decisions based on the information presented on this website. Trading, investing, and other financial activities involve inherent risks, and you could lose all or a portion of your capital. Past performance is not indicative of future results.
Company Overview
| |
|
Company name
|
Shoonya by Finvasia
Groww Venture |
|
Headquarters
|
Mumbai
New Delhi |
|
Founder
|
Sarvjeet Singh Virk and Tajinder Singh Virk
Lalit Keshre |
|
Establishment Year
|
2009
2017 |
Account opening & AMC
| |
|
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. |
₹0
₹0 |
Pledge Charges
| |
|
Pledge Creation Charges
|
₹20
₹0 |
|
Pledge Invocation Charges
|
₹20
₹20 |
|
Interest on Margin Trading
|
Does not provide
Does not provide |
|
Margin Re-Pledge
|
₹20
₹5 |
Brokerage charges & Fees
| |
|
Brokerage Plan
|
Standard account
Standard |
|
Equity Delivery Charges
|
₹0
₹20 or 0.05% per executed order, whichever is lower |
|
Equity Intraday Charges
|
₹0
₹20 or 0.05% per executed order, whichever is lower |
|
Equity Futures charges
|
₹0
Flat ₹20 per executed order |
|
Equity Options charges
|
₹0
Flat ₹20 per executed order |
|
Currency Futures charges
|
₹0
Does not offer |
|
Currency Options charges
|
₹0
Does not offer |
|
Commodity Futures charges
|
₹0
Does not offer |
|
Commodity Options charges
|
₹0
Does not offer |
Customer services offered
| |
|
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
✅Yes |
|
Referral Program
|
✅Yes
✅Yes |
Customer Support
| |
|
Call Support
|
+91 1726 750 000, +91 9779 097 777
+91 9108800604 (24x7) |
|
Email Support
|
clientsupport@shoonya.com
support@groww.in |
|
Whatsapp Support
|
⛔ No
⛔No |
|
Website Support
|
✅Yes, Chat support
✅Yes, create ticket |
Leverage (Margin) Offered
| |
|
Equity Delivery Margin Leverage
|
No leverage available; you need the full purchase value in your account.
No leverage available; requires full margin upfront |
|
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; you need the full purchase value in your account.
No leverage available; requires full margin upfront |
|
Equity F&O Carry Forward Margin Leverage
|
No leverage available; you need the full purchase value in your account.
No leverage available; requires full margin upfront |
|
Currency F&O Margin Leverage
|
No leverage available; you need the full purchase value in your account.
Does not provide Currency trading |
|
Commodity F&O Intraday Margin Leverage
|
No leverage available; you need the full purchase value in your account.
Does not provide Commodity trading |
|
Commodity F&O Carry Forward Margin Leverage
|
No leverage available; you need the full purchase value in your account.
Does not provide Commodity trading |
Unique Offerings
| |
|
Free Account Opening
|
✅Yes
✅Yes |
|
Free Brokerage
|
✅Yes
On Mutual Funds and IPOs only |
|
Free AMC
|
✅Yes
✅Yes |
|
Free Equity Delivery
|
✅Yes
⛔No |
|
Free F&O Trading
|
✅Yes
⛔No |
|
Free Intraday Trading
|
✅Yes
⛔No |
|
Free Trading calls
|
⛔No
⛔No |
|
Happy Trading Hours
|
⛔No
⛔No |
|
Flexible Brokerage Plans
|
✅Yes
⛔No |
|
Referral Offers
|
✅Yes
✅Yes |
|
Margin Funding (MTF)/ Pledging
|
⛔No
✅Yes |
|
Brokerage Cashback
|
⛔No
⛔No |
|
Zero Brokerage for Loss Making Trades
|
⛔No
⛔No |
|
Relationship Manager
|
⛔No
⛔No |
Services Provided
| |
|
Equity Delivery
|
✅Yes
✅Yes |
|
Equity Intraday
|
✅Yes
✅Yes |
|
Equity Futures
|
✅Yes
✅Yes |
|
Equity Options
|
✅Yes
✅Yes |
|
Currency Futures
|
✅Yes
⛔No |
|
Currency Options
|
✅Yes
⛔No |
|
Commodity Futures
|
✅Yes
⛔No |
|
Commodity Options
|
✅Yes
⛔No |
|
Foreign Stocks
|
⛔No
✅Yes, US stocks |
|
Mutual Funds
|
✅Yes
✅Yes |
|
Banking
|
⛔No
⛔No |
|
Insurance
|
⛔No
⛔No |
|
Corporate Bonds
|
⛔No
⛔No |
|
Govt. Bonds
|
⛔No
⛔No |
|
Digital Gold
|
⛔No
⛔No |
Order Types
| |
|
Market Order
|
✅Yes
✅Yes |
|
Limit Order
|
✅Yes
✅Yes |
|
Bracket Order
|
✅Yes
⛔No |
|
Cover Order
|
✅Yes
⛔No |
|
After Market Order (AMO)
|
✅Yes
✅Yes |
|
Good Till Cancelled (GTC)
|
✅Yes
✅Yes |
|
Buy Today Sell Tomorrow (BTST)
|
⛔No
⛔No |
|
Sell Today Buy Tomorrow (STBT)
|
⛔No
⛔No |
Research & Reports
| |
|
Annual Reports
|
⛔No
✅Yes |
|
Company Reports
|
⛔No
✅Yes |
|
Research Reports
|
⛔No
⛔No |
|
Fundamental Reports
|
⛔No
✅Yes |
|
IPO Reports
|
✅Yes
✅Yes |
|
Technical Reports
|
⛔No
⛔No |
|
Stock tips
|
⛔No
⛔No |
|
Daily Market Review
|
✅Yes
✅Yes |
|
Monthly Review
|
⛔No
✅Yes |
|
Weekly Review
|
⛔No
✅Yes |
|
Robo Advisory
|
⛔No
⛔No |
STT & CTT Charges
| |
|
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 sell side
0.0125% on the 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
⛔ Does not offer |
|
Currency Options STT & CTT
|
No STT
⛔ Does not offer |
|
Commodity Futures STT & CTT
|
0.01% (of Selling Value)
⛔ Does not offer |
|
Commodity Options STT & CTT
|
0.05% (of Selling Value)
⛔ Does not offer |
Trading Features
| |
|
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
⛔No |
|
Live market
|
✅Yes
✅Yes |
|
Multiple Profile Management
|
⛔No
⛔No |
|
Secure Platform
|
✅Yes
✅Yes |
Trading Platforms
| |
|
Android App
|
✅Yes
✅Yes |
|
iOS App
|
✅Yes
✅Yes |
|
Web Trading Platform
|
✅Yes
✅Yes |
|
Trading Terminal
|
✅Yes
⛔No |
|
Algo Trading Platform
|
✅Yes
⛔No |
|
Foreign Stocks Trading Platform
|
⛔No
✅Yes, US stocks only |
|
Basket Trading Platform
|
✅Yes
⛔No |
|
Mutual Fund Investment Platform
|
✅Yes
✅Yes |
|
Digital Gold Investment Platform
|
⛔No
⛔No |
|
Bonds Investment Platform
|
⛔No
⛔No |
Transaction Charges
| |
|
Equity Delivery Transaction Charges
|
0.00325%
NSE: 0.00325% | BSE: 0.00375% |
|
Equity Intraday Transaction Charges
|
0.00325%
NSE: 0.00325% | BSE: 0.00375% |
|
Equity Futures Transaction Charges
|
Exchange txn charge: 0.0019%
NSE: 0.0019% | BSE: 0 |
|
Equity Options Transaction Charges
|
Exchange txn charge: 0.05% (on premium)
NSE: 0.05% (on premium) | BSE: 0.0325% (on premium) |
|
Currency Futures Transaction Charges
|
Exchange txn charge: 0.0009%
Does not offer |
|
Currency Options Transaction Charges
|
Exchange txn charge: 0.035%
Does not offer |
|
Commodity Futures Transaction Charges
|
260/ crore
Does not offer |
|
Commodity Options Transaction Charges
|
5000/ crore
Does not offer |
Stamp Duty charges
| |
|
Equity Delivery Stamp Duty
|
0.015%
0.015% or ₹1500 / crore on buy side |
|
Equity Intraday Stamp Duty
|
0.003%
0.003% or ₹300 / crore on buy side |
|
Equity Futures Stamp Duty
|
0.002%
0.002% or ₹200 / crore on buy side |
|
Equity Options Stamp Duty
|
0.003%
0.003% or ₹300 / crore on buy side |
|
Currency Futures Stamp Duty
|
0.0001% on Buy Side
⛔ Does not offer |
|
Currency Options Stamp Duty
|
0.0001% on Buy Side
⛔ Does not offer |
|
Commodity Futures Stamp Duty
|
0.002%
⛔ Does not offer |
|
Commodity Options Stamp Duty
|
0.003%
⛔ Does not offer |
Other Charges
| |
|
SEBI Turnover Charges
|
₹10/Crore (For all segments)
₹10 / crore |
|
DP Charges
|
₹9 + GST/scrip
₹13.5 per company |
|
GST charges
|
18% of (brokerage + transaction charges + Demat)
18% |
|
Account Closure Charges
|
Free
Free |
|
Reactivation Charges
|
Free
Free |
|
Dematerialization Charges
|
₹150 per certificate + ₹100 courier charges
₹150 per share certificate + courier charges |
|
Call and Trade charges
|
₹0
₹50 per order |
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