SAS online delivers with ultra-competitive brokerage for Indian traders and an easy-to-use platform. They are, by far the cheapest share broker.
SASOnline is the online discount brokerage firm of South Asian Stocks Limited. SAS Online's goal when it launched in 2013 was simple - to provide competitive brokerage, quality customer service, and build out a place where clients get trading services par excellence. It's proving itself and has now more than 20,000 active clients doing a daily turnover of Rs 7000 +cr as of Dec 2018. The Company started its operation in 2013 April and now have 1% turnover of market share.
The full product and services of the company include trading in equity cash, Intraday, future and option, currency and commodities on NSE, BSE, and MCX. SAS Online is a registered depository participant (DP) with NSDL. They began their business with just a team of 3 and growing exponentially with time in terms of customers, tools and working team. The company has a centralized office in Delhi, No branch office.
The Broker got the NSDL Best Performer Award 2015-Rising DP. Commodity Trading can be done by opening a commodity account with SAS Online @ Rs 200 with no AMC.
In terms of Customer Care, SAS Online defines what a share broker-client relationship should be, everything from interaction to open an account, account opening process, to start your first trading or receiving professional guidance.
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Here we are comparing SAS Online with its 5 close competitors, who are currently market leader in brokerage industry.
| Broker | SAS Online | ICICIDirect | Sharekhan | Zerodha | ProStocks |
| Service Type | Discount Broker | Full Service Broker | Full Service Broker | Discount Broker | Discount Broker |
| Brokerage | Rs 9 or 999 PM | 0.05 to .55% | 0.1 to 0.5% | Rs 20 | Rs 15 |
| Account Type | 2 in 1 | 3 in 1 | 2 in 1 | 2 in 1 | 2 in 1 |
| Monthly Plans | Yes | No | No | No | Yes |
| Rating |
Please refer unique and accurate SAS Online Brokerage Calculator
SAS Online is the first stockbroker in India to start giving 2 competitive plans:
1. SAS Online Rs 9 Trade all segment
2. SAS Online Monthly/Ultimate plan
Account Charges
Other Charges
For STT, Stamp Duty, GST and SEBI Charges please refer the Brokerage Plan tab.
| Brokerage Plan | Max Rs 9 Per Order Plan |
| Flat Fee | NA |
| Equity Delivery | 0.1% or Rs 9 whichever is lower |
| Equity Intraday | 0.01% or Rs 9 whichever is lower |
| Equity Futures | 0.01% or Rs 9 whichever is lower |
| Equity Options | Flat Fee Rs 9 |
| Currency Futures | 0.01% or Rs 9 whichever is lower |
| Currency Options | Flat Fee Rs 9 |
| Commodity | Flat Fee Rs 9 |
For complete brokerage charges and trading plans detail please visit SAS Online Brokerage Charges.
For online trading with SAS Online, investor has to open 2-in-1 account(Trading and Demat). Following are the ways to open an account with SAS Online:
Alpha Platform is the in-house Trading platform by SAS Online. Alpha is a more reliable trading platform in terms of connectivity. Now company claims its zero downtime in price update. Alpha is available in Desktop, Web, and Mobile app version. With Alpha Platform you can perform CO/BO orders with higher margin, AMO orders and your regular delivery, MIS and NRML orders with SL. SASOnline started Trade confirmation via SMS, which is a unique feature with discount brokers. Other key discount brokers like Zerodha, 5paisa or Upstox don’t provide you with Trade Confirmation via SMS. You can set price alerts and many more features with the Alpha platform.
Alpha Trader is the desktop based or software based version of Alpha Platform. The platform has superior charting which includes 80+ Technical charts. Alpha Trader offers power, flexibility, and speed to meet an active trader’s demand. An alpha trader have a single window for BSE, NSE, and MCX trading and quotes. You may also set up Scripted Alerts that notify you of any emerging opportunity by comparing your ideas with the real market data that is available.
Alpha Web is a web-based trading platform to carry out lightning fast trade on the web. You can make use of keyboard shortcuts that you may be familiar with to execute orders or navigate through the platform. The availability of keyboard shortcuts allows clients to instantly make sales and purchases to capitalize on high market volatility. The customizable chart feature of Alpha Trader is also made available on the Alpha Web, with over 80+ technical indicators. You can set price alert, buy/sell scripts in a single click, add scripts in the watch list, different orders type and many more advanced features for traders and investors.
Alpha Mobile by SASOnline brings live trading to your mobile device. Using Alpha Mobile, you can monitor stock quotes, perform chart analysis, place and execute orders, trade, and check your position while you are on the run. You will be provided with real-time market data and indices of individual contracts along with access to advanced order types, which includes cover orders, aftermarket orders, and bracket orders. Through Alpha Mobile, you can get live alerts for price variation and order execution at the palm of your hand. The application does not limit or restrict your activities and even allows Pay-in funds feature through the app.
The previous version of the Trading platform from SASOnline are still alive after launching Alpha Trader, so users who are used to with the previous version of the software can still use the same.
This is the terminal based platform that can be downloaded and installed on your computer for trade across NSE, BSE, and MCX from a single window. It allows fast execution of orders with real time monitoring. It is also available in a mobile version.
SAS Online supports mobile-based trading by allowing you to download their trading app called 'SAS Mobile'.It is a highly secured smartphone application for Android, I-phone, and Windows for real-time feed and to track orders and positions on the go.
This is the light and adaptable web-based platform which works on any web browser, no need to install or download anything. The web address for this is www.trade.sasonline.in.
The tool provided by SAS for its clients is the Brokerage Calculator and SPAN Calculator. SAS Online has a blog called 'Trader's Desk' for its clients where they can see the latest updates and news from them.
CnT feature is also available with SAS Online with additional charges of Rs 20 per trade.
For detail review of mobile app and download please visit SAS Online Trading Platform Review.
SAS Online a member of NSE from 1995 as South Asian Stocks Ltd (SAS) is an emerging discount broker house in India that brings the most revolutionary rates for trading in Indian share market.
SAS Online started out with a goal to make investing affordable and easy with the cheapest brokerage and dedicated customer support.They are doing well on their part and winning the accounts of thousands of new customers every month.The Broker is giving touch competition to its neighbouring discount Brokers with its well rounded package worth being the client for.
If you like what you have read and want to open an trading and demat account with SAS Online, leave your contact information with us and we will guide you.
Ratings:
Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Above Average
Overall Experience - Above Average