Shoonya
Depends
Confidence: Medium
A fit for cost-sensitive Indian active traders and algo traders who prioritize low brokerage over everything else.
Comparison
Shoonya vs Dhan
Shoonya lands on Depends, and Dhan lands on Worth it.
Dhan
Worth it
Confidence: Medium
Buy if you are an India-based investor or active trader who wants flat ₹20 orders, fast execution, and broad market access.
| Compare | Shoonya | Dhan |
|---|---|---|
| Verdict | Depends | Worth it |
| Best for | Cost-conscious active traders | Active intraday and F&O traders |
| Who it's not for | Long-term investors who trade rarely | Traders who need fast, issue-resolving support |
| Privacy | No known public vulnerabilities found in the sources reviewed.13 | No known public vulnerabilities found in the sources reviewed. |
| Support quality | Only ticket-tracking FAQ found | Repeated unresolved-support complaints on forums |
| Public sentiment | Reddit traders weigh Shoonya mainly on its low brokerage, with some threads actively hunting for alternatives.⁹ | Traders praise Dhan's low costs and execution speed but complain about support resolution and occasional connectivity drops. |
| Biggest gotcha | April 2023 bogus-order glitch reportedly caused trader losses; ask about current safeguards⁶ | Users report support emails get replies but issues stay unresolved. |
Pick Shoonya when
- Cost-conscious active traders
- Indian F&O and intraday scalpers
- Algo traders wanting cheap API execution
When Shoonya is not a fit
- Long-term investors who trade rarely
- Beginners wanting guided, hand-holding support
- Traders needing glitch-free execution guarantees
- US and global-market investors
Pick Dhan when
- Active intraday and F&O traders
- Cost-conscious long-term investors
- Algo traders using APIs
- Beginners wanting zero-AMC accounts
When Dhan is not a fit
- Traders who need fast, issue-resolving support
- Non-Indian residents . SEBI-regulated, India-only
- Anyone relying on call-and-trade ordering
- Users who cannot tolerate exchange connectivity drops
Sources
- Shoonya: Demat & Trading Accountshoonya.comofficial
- Shoonya Pricing & Brokerage Chargesshoonya.comofficial
- Shoonya Brokerage Calculatorshoonya.comofficial
- Shoonya brokerage FAQshoonya.comofficial
- Shoonya F&O tradingshoonya.comofficial
news
- Shoonya Review: Brokerage Charges, Margins & Tradingselect.finology.inreview
review
- How is Shoonya App?reddit.comreview
- Shoonya By Finvasia | Algo Trading docsdocs.algotest.inreview
- SHOONYA - App Storeapps.apple.comreview
- Shoonya product security pageshoonya.comsecurity
security
official
- Dhan Review 2026 . Chittorgarhchittorgarh.comreview