SAS Online Review

Rated 4/5 by Top Share Brokers Team
SAS Online Review

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Incorporated in 1995, South Asian Stocks Ltd (SAS Online or SASO) is an online discount brokerage house and a registered trading member of NSE and BSE. In 2013, the company commenced its operations as a discount broker with just 3 people on board - Shrey Jain, Anubha and Siddhant Jain. The progress of the discount brokerage firm is so commendable and speedy, evidencing it, within a short span of just 6 months, the company has reached 1000 clients with a strong flow of referral accounts. Later, in October 2014, the broker got the trading membership of MCX and facilitates trading & investment in equity intraday, equity delivery, futures & options, commodities, and currencies. In June 2015, the broker started providing demat account opening services through becoming a registered depository participant with NSDL. One can open a 2-in-1 account including SAS Online Demat Account and SAS Online Trading Account. The discount broker further provides the facility to customers to invest in mutual funds.

SAS Online has built a low-cost brokerage model to facilitate people to trade at just Rs 9/per executed trade. It also has a fixed monthly brokerage plan that allows people to trade unlimited in equity, F&O, commodity, and currency and runs on a zero % brokerage model. People can choose any of the brokerage plans as per their convenience and flexibility.

In addition, customers can also avail various value-added services such as call & trade, referral, etc. The brokerage firm has a centralized office in Delhi but doesn’t have branches anywhere. It is one of the most trusted discount brokers and therefore got NSDL Best Performer Award in 2015. To assist clients at every point of time, the broker offers voice/email/chat services where a team of customer service agents work to help clients to open an account with SAS Online, trading services, and also render professional guidance.

SAS Online Review 2020 - Quick Summary

SAS Online is one of the cheapest stock brokers offering trading across equity, F&O, commodity, and currency at ultra-competitive brokerage charges to Indian Traders and an easy-to-use platform.


Benefits

  • The discount broker allows trading in equity cash, intraday, derivatives, commodities, & currencies.
  • Indian residents can open a demat and trading account with SAS Online.
  • Flexible brokerage plans; Rs 9/per trade and monthly brokerage plans. The broker doesn’t have any % based brokerage model.
  • Free access to ALPHA based trading platforms – ALPHA Mobile, ALPHA Web, and ALPHA Trader.
  • Mutual funds investment with SAS Online through SAS MF app.
  • Value-added offerings i.e. SAS Online call & trade and SAS Online Referral.
  • Availability of Margin against shares facility.

Considerations

  • The brokerage firm doesn’t provide NRI trading facilities.
  • One can’t open a 3-in-1 account with SAS Online.
  • It doesn’t facilitate investment in IPO, bonds, and other products.
  • The broker doesn’t provide research reports.

Special Offer

Get up to 20% on referral bonus, free trading tools. Get the offer.

Request call back from SAS Online

SAS Online Investment Options Compare

Here we are comparing SAS Online with its 5 close competitors on investment options.

Broker SAS Online Sharekhan 5paisa Zerodha SAMCO
Equity Trading Type Yes Yes Yes Yes Yes
Currency Trading Yes Yes Yes Yes Yes
Commodity Trading Yes Yes Yes Yes Yes
Mutual Funds Yes Yes Yes Yes Yes
MF SIP Yes Yes Yes Yes No
ETF Investment Yes Yes Yes Yes Yes
Banking No No No No No
Insurance No Yes Yes No No

SAS Online Brokerage Plan, Fees and Charges

Brokerage and Commission Rated 4/5

SAS Online Account Opening Charges

      »»  Trading Account Opening Charges: Rs 200 and Commodity: Rs 200
      »»  Trading Account AMC: Free
      »»  Demat Account Opening Charges: Rs 200
      »»  Demat Account AMC: Rs 200

SAS Online Brokerage

SAS Online is the first discount brokerage house in the country who took the initiative to come up with two different competitive brokerage model, as follows;

1. SAS Online Flat Brokerage Plan at Rs. 9/Trade

It is one of the most popular brokerage models that charge a flat fee of Rs 9 per executed trade regardless of the trade size. Get the details of the brokerage charges across each segment hereunder;

  • Equity Intraday: Flat charges of Rs 9/trade or 0.01%, whichever is lower
  • Equity delivery: Flat charges of Rs 9/trade or 0.1%, whichever is lower
  • Equity Futures: Flat charges of Rs 9/trade or 0.01%, whichever is lower
  • Equity Options: Flat fee of Rs 9 per executed trade.
  • Currency Futures & Options: Flat charges of Rs 9/trade or 0.01%, whichever is lower
  • Commodity: Flat fee of Rs 9 per executed trade.

2. SAS Online Monthly Brokerage Plan

The monthly plan allows traders to place unlimited numbers of trade of any size by paying a fixed monthly brokerage.

  1. MCX (Rs. 999/Month): Under this plan, clients require to pay a fixed monthly brokerage of Rs. 999 each month to trade in various commodities on MCX.
  2. Equity (Rs. 999/Month): This plan requires customers to pay a monthly brokerage of Rs. 999 to trade in equity on BSE and NSE and in equity derivatives on NSE F&O.
  3. Currency (Rs. 499/Month): To trade in derivatives, people can choose a monthly plan, under which they need to pay Rs. 499/month and enjoy unlimited trading.

Benefits

  • The SAS Online flat brokerage fee of Rs 9/trade is highly competitive than other discount brokers such as Zerodha, Upstox, and 5paisa that charges Rs 20/trade.
  • SAS Online monthly plan allows unlimited trading by paying a fixed monthly fee.
  • Avail upto 20X leverage in Equity cash and 5X leverage on MCX & NFO.
  • Availability of margin against shares under both the plans.
  • No minimum balance requirements and deposits under both the plans.

Other charges

  • Call & trade services are charged at Rs. 20 per executed order along with the service tax.
  • DP charges of Rs. 15 per scrip for outgoing transactions such as paying to exchange against sell obligation in equity cash segment and shares transfer to 3rd party demat account.
  • Digital contract notes will be sent to registered email addresses. Clients can also order physical copies at an additional charge of Rs. 9 each contract note + applicable courier charges.
  • NSE charges, transaction charges, and statutory levies charges as per applicable rates.
  • Money withdrawal charges as per the applicable RBI rates.

For complete brokerage charges and trading plans detail please visit SAS Online Brokerage Charges.

SAS Online with closest competitors

Here we are comparing SAS Online with its 5 close competitors, who are currently market leader in brokerage industry.

Broker SAS Online Sharekhan 5paisa Zerodha SAMCO
Service Type Discount Broker Full Service Broker Discount Broker Discount Broker Discount Broker
Brokerage Range Rs 9 or 999 PM 0.1 to 0.5% Rs 20 Rs 20 Rs 20
Account Type 2 in 1 2 in 1 2 in 1 3 in 1 2 in 1
Equity Delivery 0.1% or Rs 9 whichever is lower 0.5% or 50 paisa Flat Fee Rs 20 Free 0.2% or Rs 20 whichever is lower
Equity Intraday 0.01% or Rs 9 whichever is lower 0.1% or 10 paisa Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Futures 0.01% or Rs 9 whichever is lower 0.1% or 10 paisa Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 9 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Commodity Flat Fee Rs 9 0.1% or 10 paisa Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.01% or Rs 9 whichever is lower 0.1% or 10 paisa Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 9 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Rating

Please refer unique and accurate SAS Online Brokerage Calculator


Open Trading and Demat Account with SAS Online

The discount brokerage house provides the following different types of account opening services to its clients to trade in various products. It is noteworthy that only a resident in India can enjoy trading at SAS Online through opening following accounts;

    1. SAS Online Trading Account

    A trading account is an account to place orders online in the stock market. By having a Trading account with SAS Online, clients can buy or sell various financial instruments as frequently even within the same trading session. Indian citizens can open a SAS Online Trading Account to trade in equity intraday, equity delivery, futures & options, and currency.

    2. SAS Online Demat Account

    The demat account is an account to deposit securities, cash and other holdings in dematerialized form. SAS Online with a DP with NSDL provides depository services wherein residents can open a demat account with the broker. Both the demat and trading accounts are linked to each other so that purchased and sold securities through the trading account will be credited or debited to the SAS Online Demat Account.

    3. SAS Online Commodity Trading Account

    The discount broker is a registered member of MCX and therefore, allows customers to trade in commodities. By having a SAS Online Commodity Trading Account, you can place buy and sell orders in commodities i.e. gold. silver, agri, precious metals, and others.

    4. SAS Online Mutual Fund Account

    Looking at the rapidly growing investment in mutual funds, the broker facilitates its clients to undertake investment in mutual funds. One can open a free mutual fund account with SAS Online that allows people to invest in regular plans via either SIP or lumpsum mode. SAS MF is the mobile app for mutual funds investment that enables people to undertake mutual funds investment anytime anywhere by accessing mobile phones.

There are various ways to open a demat and trading account with SAS Online, that are provided below;

  • Simply fill the SAS Online Contact Form and SAS Online customer care team will get back to you.
  • Open an account online by filling the online account opening form at SAS Online.
  • Download, fill, and submit the account opening forms at SAS Online.
  • Request the form and open an account offline.

Contact SAS Online

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Email   State 
City    NRI Form ⇒

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SAS Online Trading Platform and Tools

Trading Platforms Rated 4/5

    Likewise other discount brokers, SAS Online offers a number of trading platforms such as a trading terminal, mobile trading application, and web trading platform. Clients can use any of this platform to trade in various segments, discussed in detail hereunder:

      1. SAS Online ALPHA Mobile

      ALPHA Mobile, as the name itself, is the mobile app by SAS Online. Android, iOS, and Windows users can log in to the mobile app and trade-in equity, derivatives, commodities, and currencies anytime, anywhere. SAS Online mobile app comes with a number of unique features such as live market data, technical charts, market watchlists, advanced screeners, and many others.

      2. SAS Online ALPHA Trader

      ALPHA Trader is a SAS Online trading terminal that can be downloaded on desktop. The particular trading platform is extremely useful for active traders that provides enrich features including trading across BSE, NSE, and MCX, advanced charting, trade from the charts, price alerts, scanners, hassle-free fund transfer, and others.

      3. SAS Online ALPHA Web

      ALPHA Web is the web trading platform by SAS Online. Clients can browse the online trading platform on laptop or desktop to trade-in various financial offerings. ALPHA Web offers many features such as real-time market data, 100+ technical indicators, 10+ technical charts, market screeners, price alerts, etc.

      4. SAS MF

      SAS MF is the mutual funds' investment app that allows people to invest in regular mutual fund schemes through SIP or lumpsum route. Mobile app users can log in to the app and access many features such as use SIP or lumpsum calculators, check MF portfolio, get alerts, E-lockers, access Equity, and debt market outlook reports, and many others.

    For detail review of mobile app and download please visit SAS Online Trading Platform Review.

SAS Online Trading Platform Compare

Here we are comparing SAS Online with its 5 close competitors on Trading Platform.

Broker SAS Online Sharekhan 5paisa Zerodha SAMCO
Desktop Windows Yes Yes Yes Yes Yes
Desktop Mac No No No No No
Web Trading Yes Yes Yes Yes Yes
Android Tablet App Yes Yes Yes Yes Yes
Android Mobile App Yes Yes Yes Yes Yes
iPhone App (iOS Mobile App) Yes Yes Yes Yes No
iPad App Yes Yes Yes Yes No
Mobile Site Yes Yes Yes Yes Yes

Final thought about SAS Online

Rated 4/5 by 10 users

From the detailed review, it is found that SAS Online is one of the most competitive and cheapest discount brokers in India that provides both the brokerage flat fee and the monthly brokerage model. Further, the brokerage house provides all kinds of trading platforms to customers to trade-in equity, derivatives, commodities, and currencies but it only serves Indian resident customers and doesn't serve NRI clients. People can open a 2-in-1 account, including a demat and trading account with the broker to enjoy low-cost trading experience.

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.

Last updated on 2020-08-25


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SAS Online User Reviews

avatar
40. UBALD NORONHA 11/18/2020 4:55:01 AM Reply
USING FOR THE LAST 5 YEARS.
NEVER HAD A PROBLEM AS SUCH.
CUSTOMER SUPPORT IS JUST FANTASTIC.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
39. parvesh 4/3/2016 5:17:05 AM Reply
How is SAS Online's back office software? When daily Reports can be generate?
avatar
39.1. ASHISH Hasija 7/3/2020 3:59:04 AM
It''s very good. Ive been a SAS ONLINE customer since 2015.. though i recently started trading again but their back office gets updated daily. They are very good
avatar
38. Litan chakma 10/1/2019 7:52:38 PM Reply
Good call service

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
37. Kasi Viswanath Maligi 7/2/2019 3:43:54 PM Reply
I am using for last few years. Its great & cheaper for futures trading

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
36. Arulrasu 3/2/2019 12:28:53 PM Reply
Very low brokerage and good mobile app

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Above Average
Overall Experience - Above Average
avatar
35. shyamsunder jaiswal 2/22/2019 7:42:22 AM Reply
what trading..order.
by
telephon e may be?
avatar
34. VRR.RAO 1/20/2019 9:44:10 AM Reply
LESS ADVERTISEMENT AND MORE SERVICE.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
33. shyam kumar 6/6/2018 1:37:05 PM Reply
Excellent service with minimum brokerage

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
32. Ashish Sonavane 12/6/2017 1:04:23 PM Reply
EXCELLENT.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
31. Mosaddique Hussain Kibria 12/1/2017 9:01:10 PM Reply
No problem at all with SAS Online

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent

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