Both charge ₹5/order F&O and ₹0 delivery. Shoonya wins on: ₹0 AMC always (vs mStock ₹219/qtr or ₹1,299 one-time), ₹9 DP charge (vs mStock ₹12), ₹0 Call & Trade (both ₹0). mStock wins on: Mirae Asset institutional backing ($600B vs Finvasia's smaller scale), MTF at 6.99% (vs Shoonya ~18%), more polished app UX generally. For pure brokerage minimisation with no upfront cost: Shoonya. For institutional backing + competitive brokerage + better MTF: mStock.
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