Broker comparison
Paytm Money vs Shoonya (Finvasia) (2026): Brokerage, API, AMC & Execution Compared
Side-by-side comparison of Paytm Money and Shoonya (Finvasia) from published official pricing and features — no affiliation with either broker.
| Metric | Paytm Money | Shoonya (Finvasia) |
|---|---|---|
| Delivery brokerage | ₹20 per order - see official pricing for current schedule | ₹0 (zero brokerage, per official site) |
| Intraday brokerage | ₹20 per order (flat) | ₹0 (zero brokerage, per official site) |
| F&O brokerage | ₹20 per order (flat) | ₹0 (zero brokerage, per official site) |
| AMC | ₹0 demat AMC (₹300 per year platform fee applies) | ₹0 |
| Account opening | See official pricing page | Free (online) |
| Trading API | Paytm Money API — See official developer page | Shoonya API — Free (per official page) |
| Reported execution speed | Not Disclosed | ≈ 140 ms (median) |
| Algo support | Yes - via trading API | Yes - free API |
| Platforms | Paytm Money app, Paytm Money web | Shoonya app, Shoonya web, Shoonya desktop |
| Best for (published) | Paytm users who want investing and broking inside one ecosystem. | High-frequency, cost-obsessed traders who accept a smaller platform. |
Statutory charges (STT, exchange fees, GST, etc.) are not included. Figures are from official pricing pages at our last review — verify before opening an account.
What the published data shows
Shoonya (Finvasia) publishes free equity delivery; Paytm Money does not (per official pricing at review). Shoonya (Finvasia) publishes an execution-speed figure; Paytm Money does not on verifiable sources.
Tools & profiles
- Paytm Money full profile
- Shoonya (Finvasia) full profile
- Paytm Money brokerage calculator
- Shoonya (Finvasia) brokerage calculator
- Lowest brokerage brokers in India
- All broker comparisons
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Frequently asked questions
Paytm Money vs Shoonya (Finvasia): which has lower delivery brokerage?
At our last review, Paytm Money published delivery brokerage as "₹20 per order - see official pricing for current schedule" and Shoonya (Finvasia) as "₹0 (zero brokerage, per official site)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.
Does Paytm Money or Shoonya (Finvasia) have a trading API?
Both have documented APIs at review time: Paytm Money (Paytm Money API), Shoonya (Finvasia) (Shoonya API). Compare pricing and rate limits on each broker's developer page.
Which is faster — Paytm Money or Shoonya (Finvasia)?
Shoonya (Finvasia) publishes ≈ 140 ms (median). Paytm Money has no verifiable execution-speed figure we could cite.
Are these comparisons independent?
Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.
Sources
- Paytm Money - official website - https://www.paytmmoney.com
- Paytm Money - official pricing - https://www.paytmmoney.com/pricing
- Shoonya (Finvasia) - official website - https://shoonya.com
- Shoonya (Finvasia) - official pricing - https://shoonya.com/pricing