Goodwill Wealth vs Shoonya by Finvasia – Compare Charges, Trading Features, Offers & more

Find a Comparison of Goodwill Wealth vs Shoonya by Finvasia here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Goodwill Wealth and Shoonya by Finvasia.

Background

Year of Incorporation 2008 2020
Website https://www.gwcindia.in/ https://shoonya.com/
Phone 044 4032 9999 +91-172-474-0000
Exchanges enabled BSE, NSE, MCX BSE, NSE, NCDEX, MCX
Demat (NSDL/CDSL) CDSL CDSL
Brokerage

Equity 0.33% on Delivery & 0.03% on Intraday 0
Equity Futures 0.03% per Executed Order 0
Equity Options Rs 30 per lot 0
Currency Futures 0.03% per executed order 0
Currency Options Rs 30 per lot 0
Commodity Rs 30 per lot 0
Account Opening Costs

Trading only Rs. 200 Free
Trading & Demat Rs. 200 Free
Commodity Rs. 200 Free
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% (NSE) & 0.00375% (BSE) 0
Futures 0.0019% (NSE & BSE) 0
Options 0.05% (on premium) 0
Commodities 0.00436% of Turnover 0
AMC charge Rs.350 per Year 0
DP Transaction Charge Rs 30 per Scrip Rs 9 + GST
Offline order placing Charge Nil 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days Yes
End of Day 5 Years Yes
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 2x for Delivery & Upto 5x for Intraday Upto 1x on Delivery & Upto 2x on Intraday
Equity Futures Upto 2x Upto 1x
Equity Options Upto 5x Upto 1.5x
Currency Futures Upto 2x Upto 1.2x
Currency Options Upto 3x Upto 1.5x
Commodity Upto 5x Upto 1.5x
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 10.67 Lakhs 0
Profit after Tax FY12/13 Rs 10.71 Lakhs 0
Profit after Tax FY13/14 Rs 13.38 Lakhs 0
Profit after Tax FY 14/15 Rs 15.82 Lakhs 0
Profit after Tax FY 15/16 Rs 22.88 Lakhs 0
Profit after Tax FY 16/17 Rs 30.17 Lakhs 0
Profit after Tax FY 17/18 Rs 32.22 Lakhs 0
Profit after Tax FY 18/19 Rs 39.36 Lakhs 0
Profit after Tax FY 19/20 Rs 38.00 Lakhs Rs 140 Crores
Profit after Tax FY 20/21 Rs 45.85 Lakhs Rs 225.12 Crores
Profit after Tax FY 21/22 Rs 50.41 Lakhs Rs 248.93 Crores
Profit after Tax FY 22/23 Rs 53.66 Lakhs Rs 451.24 Crores
Debt FY11/12 Rs 12.27 Lakhs 0
Debt FY12/13 Rs 16.53 Lakhs 0
Debt FY13/14 Rs 16.32 Lakhs 0
Debt FY14/15 Rs 18.71 Lakhs 0
Debt FY15/16 Rs 12.87 Lakhs 0
Debt FY16/17 Rs 19.81 Lakhs 0
Debt FY17/18 Rs 11.07 Lakhs 0
Debt FY18/19 Rs 17.64 Lakhs 0
Debt FY19/20 Rs 19.66 Lakhs Rs 5.31 Crores
Debt FY20/21 Rs 12.46 Lakhs Rs 6.45 Crores
Debt FY21/22 Rs 14.41 Lakhs Rs 7.63 Crores
Debt FY22/23 Rs 16.35 Lakhs Rs 6.85 Crores
Profit to Equity(%) FY11/12 11.13% 0
Profit to Equity(%) FY12/13 13.28% 0
Profit to Equity(%) FY13/14 14.33% 0
Profit to Equity(%) FY14/15 14.42% 0
Profit to Equity(%) FY15/16 18.15% 0
Profit to Equity(%) FY16/17 17.74% 0
Profit to Equity(%) FY17/18 17.53% 0
Profit to Equity(%) FY18/19 18.68% 0
Profit to Equity(%) FY19/20 18.09% 3.12%
Profit to Equity(%) FY20/21 19.37% 2.75%
Profit to Equity(%) FY21/22 20.81% 3.94%
Profit to Equity(%) FY22/23 21.97% 4.31%
Balance Sheet Size FY11/12 Rs 2094.36 Crores 0
Balance Sheet Size FY12/13 Rs 2718.97 Crores 0
Balance Sheet Size FY13/14 Rs 3054.10 Crores 0
Balance Sheet Size FY14/15 Rs 3146.81 Crores 0
Balance Sheet Size FY15/16 Rs 3373.32 Crores 0
Balance Sheet Size FY16/17 Rs 3594.45 Crores 0
Balance Sheet Size FY17/18 Rs 3875.20 Crore 0
Balance Sheet Size FY18/19 Rs 4280.67 Lakh 0
Balance Sheet Size FY19/20 Rs 4503.50 Crores Rs 1503 Crores
Balance Sheet Size FY20/21 Rs 4314.17 Crores Rs 2314 Crores
Balance Sheet Size FY21/22 Rs 5287.38 Crores Rs 3287.21 Crores
Balance Sheet Size FY22/23 Rs 5821.90 Crores Rs 4821.39 Crores

Comparison Link:

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Goodwill Wealth Vs IIFL Securities Shoonya by Finvasia Vs IIFL Securities
Goodwill Wealth Vs Dhani Shoonya by Finvasia Vs Dhani
Goodwill Wealth Vs IDBI Capital Shoonya by Finvasia Vs IDBI Capital
Goodwill Wealth Vs HDFC Securities Shoonya by Finvasia Vs HDFC Securities
Goodwill Wealth Vs Geojit Shoonya by Finvasia Vs Geojit
Goodwill Wealth Vs Fyers Securities Shoonya by Finvasia Vs Fyers Securities
Goodwill Wealth Vs Edelweiss Capital Shoonya by Finvasia Vs Edelweiss Capital
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Goodwill Wealth Vs Achiievers Shoonya by Finvasia Vs Achiievers
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Goodwill Wealth Vs Motilal Oswal Shoonya by Finvasia Vs Motilal Oswal
Goodwill Wealth Vs ICICI Direct Shoonya by Finvasia Vs ICICI Direct
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Goodwill Wealth Vs Upstox Shoonya by Finvasia Vs Upstox
Goodwill Wealth Vs Zerodha Shoonya by Finvasia Vs Zerodha

Frequently Asked Questions

Is Goodwill Wealth better than Shoonya by Finvasia ?

Goodwill Wealth and Shoonya by Finvasia are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Shoonya by Finvasia better than Goodwill Wealth ?

Goodwill Wealth and Shoonya by Finvasia are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Goodwill Wealth cheaper than Shoonya by Finvasia ?

Goodwill Wealth and Shoonya by Finvasia are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Shoonya by Finvasia cheaper than Goodwill Wealth ?

Goodwill Wealth and Shoonya by Finvasia are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Goodwill Wealth vs. Shoonya by Finvasia ?

To find out the better of the two stockbrokers Goodwill Wealth and Shoonya by Finvasia, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.