Shoonya vs Zerodha: Charges, AMC & Costs (2026)
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Shoonya: delivery brokerage ₹0, AMC ₹0. Zerodha: delivery ₹0, AMC ₹0 in year one, then ₹300 + GST a year. A ₹1,00,000 delivery round trip costs ₹233.10 on Shoonya and ₹237.82 on Zerodha.
Last updated: October 2026
This page compares Shoonya and Zerodha on what you actually pay: brokerage, AMC, DP charges and the total cost of three sample trades. Charges were checked against each broker’s published pricing in October 2026 and can change, so confirm before you open an account. This is information, not investment advice.
Shoonya vs Zerodha: charges side by side
| Charge | Shoonya | Zerodha |
|---|---|---|
| Account opening | ₹0 | ₹0 |
| Equity delivery brokerage | ₹0 | ₹0 |
| Equity intraday brokerage | Lower of ₹5 or 0.03% | Lower of ₹20 or 0.03% |
| Futures and options | Flat ₹5 + GST per order | ₹20 per order (futures: lower of ₹20 or 0.03%) |
| Demat AMC | ₹0 for individuals; ₹900 for corporate, trust and LLP | Free for the first year, then ₹300 + GST a year (non-BSDA) |
| DP charge on sells | ₹9 + GST per scrip | ₹15.34 per scrip sold including GST |
| Pledge | ₹20 per instruction | ₹30 + GST per ISIN (₹15 + GST for MTF) |
| Call and trade | ₹0 | ₹50 per order |
| Auto square-off | ₹0 listed | ₹50 per order (dealer-placed orders and auto square-off) |
What the same trades cost on each broker
These examples add up brokerage, STT, exchange charges, SEBI fees, stamp duty, GST and the DP charge on a round trip (buy and sell). Delivery and intraday trades buy and sell ₹1,00,000 of shares once each. The options trade buys premium worth ₹50,000 and sells it for ₹60,000, with one lot per order. Amounts are rounded to the nearest paisa.
| Trade | Shoonya | Zerodha |
|---|---|---|
| Delivery (₹1,00,000 buy and sell) | ₹233.10 | ₹237.82 |
| Intraday (₹1,00,000 buy and sell) | ₹47.28 | ₹82.68 |
| Options (₹50,000 buy, ₹60,000 sell) | ₹149.55 | ₹184.95 |
Delivery: Shoonya costs ₹4.72 less (₹233.10 against ₹237.82). Intraday: Shoonya costs ₹35.40 less (₹47.28 against ₹82.68). Options: Shoonya costs ₹35.40 less (₹149.55 against ₹184.95). Your own order sizes and how often you trade decide which costs less, so test them in the calculator.
Shoonya or Zerodha: what to weigh
Shoonya may suit you if:
- you trade intraday (₹35.40 less on the ₹1,00,000 example)
- you trade options (₹35.40 less on the options example)
- you keep the account for years: AMC after year one is ₹0 against ₹300 + GST a year
- you sell shares often: the DP charge per sell is lower (₹10.62 against ₹15.34)
- you place phone orders: call and trade is cheaper (₹0 against ₹50 per order)
Zerodha may suit you if:
- you value features and service that this charges-only page does not cover
Both statements describe published charges, not a recommendation. Your own order sizes, how often you trade and how long you hold shares decide which costs more. Use the brokerage calculator to test your own numbers.
Full charge breakdowns
See every charge, worked examples and FAQs on the Shoonya charges page and the Zerodha charges page. More pairs are on the broker comparisons hub.
Shoonya vs Zerodha: FAQs
Which is cheaper for delivery, Shoonya or Zerodha?
Shoonya on the ₹1,00,000 delivery example: ₹233.10 on Shoonya and ₹237.82 on Zerodha. Delivery brokerage is ₹0 at Shoonya and ₹0 at Zerodha.
Which has the lower AMC?
Shoonya: ₹0. Zerodha: ₹0 in year one, then ₹300 + GST a year.
How do F&O charges compare?
Shoonya: Flat ₹5 + GST per order. Zerodha: ₹20 per order (futures: lower of ₹20 or 0.03%). On the options example the round trip costs ₹149.55 on Shoonya and ₹184.95 on Zerodha.
How do DP charges compare?
Shoonya: ₹9 + GST per scrip. Zerodha: ₹15.34 per scrip sold including GST.
Is STT different between brokers?
No. STT is set by the government: 0.1% on buy and sell for delivery, 0.025% on the sell side for intraday, 0.05% on the sell side for futures and 0.15% on the sell premium for options. It is the same at every broker.
Sources
Shoonya: Shoonya pricing page. Zerodha: Zerodha charges page. STT, stamp duty, SEBI turnover fee and exchange transaction charges follow the rates set by the government, SEBI and the exchanges.
Brokerage, AMC and statutory charges change. This page is for information and education only, not investment advice.
