SBI Securities⭐ 8.0/10
Shoonya (by Finvasia)⭐ 8.5/10SBI Securities vs Shoonya (by Finvasia) Comparison
Compare brokerage charges, trading platforms, technical features, pros, cons, and account opening times to see which Demat account is best for you.
Shoonya (by Finvasia) is the Clear Winner
Shoonya (by Finvasia) is the superior choice for most traders and investors due to its higher overall rating of 8.5/10 compared to SBI Securities's 8.0/10. Key strengths include 100% Zero Brokerage no strings attached and The pioneer of true zero brokerage in India across all segments and without upfront fees..
📊 Charges & Pricing Comparison
| Fee / Segment | SBI Securities | Shoonya (by Finvasia) |
|---|---|---|
| Account Opening Fee | Rs 850 (approx) | Free |
| Account AMC (Annual) | Rs 750 / year | Free |
| Equity Delivery | 0.50% | Rs 0 |
| Intraday Brokerage | 0.05% | Rs 0 |
| Futures & Options | Rs 50 per order (approx) | Rs 0 |
| Commodity Trading | N/A | Rs 0 |
| Other / DP Charges | Extensive full-service charges | Exchange transaction charges only |
| Account Opening Time | 24 Hours | 15 Minutes |
💻 Trading Tools & Platforms
| Platform Feature | SBI Securities | Shoonya (by Finvasia) |
|---|---|---|
| Margin Trading (MTF) | ✅ Available | ✅ Available |
| Advisory & Tips | ✅ Yes | ❌ No |
| Trading API Access | ❌ No | ✅ Free API |
| Advanced Charts | ❌ No | ✅ Yes |
| Web Interface | Modern, fast, browser-based trading platform with TradingView charts. | Modern, fast, browser-based trading platform with TradingView charts. |
| Mobile Trading App | Highly rated mobile app available on iOS and Android with biometric login. | Highly rated mobile app available on iOS and Android with biometric login. |
SBI Securities Pros & Cons
Pros
- ✅ Immense trust factor
- ✅ Seamless 3-in-1 account integration
- ✅ Relationship manager service
Cons
- ❌ Very high brokerage costs (percentage based)
- ❌ Outdated legacy technology
Shoonya (by Finvasia) Pros & Cons
Pros
- ✅ 100% Zero Brokerage no strings attached
- ✅ Free API access
- ✅ Zero AMC
Cons
- ❌ UI is dated compared to modern fintechs
- ❌ Customer service heavily delayed
❓ FAQs: SBI Securities vs Shoonya (by Finvasia)
Which is cheaper between SBI Securities and Shoonya (by Finvasia)?
SBI Securities charges 0.50% for delivery trades and 0.05% for intraday, with an AMC of Rs 750 / year. Meanwhile, Shoonya (by Finvasia) charges Rs 0 for delivery and Rs 0 for intraday, with an AMC of Free. In terms of onboarding costs, SBI Securities is Rs 850 (approx) compared to Shoonya (by Finvasia)'s Free.
Who has a better mobile app: SBI Securities or Shoonya (by Finvasia)?
SBI Securities's mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". In comparison, Shoonya (by Finvasia)'s mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". If you require advanced charting tools directly on your phone, both platforms support TradingView integrations but execution layouts vary.
Is SBI Securities safer to use than Shoonya (by Finvasia)?
Both SBI Securities and Shoonya (by Finvasia) are SEBI-registered brokers regulated in India, meaning your shares are safely held with central government-backed depositories (NSDL/CDSL). However, SBI Securities has a rating of 8.0/10, reflecting their complaint ratio and client size, while Shoonya (by Finvasia) has a rating of 8.5/10.