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SAS Online Vs RMoney (Compare SAS Online and RMoney)

South Asian Stocks Ltd Logo

About SAS Online
SAS Online - India's Discount Broker; introduced its Rs 999 monthly unlimited trading plan to the market 10 years ago. Now with the Pro Plan at Rs 1999/MONTH, the company is offering 199 orders per day to its subscribers under the 1999 Pro Plan. After 199 orders, Rs 0.99 per order will be charged. SAS Online has grown to 55,000+ traders through referrals, and 1 Lac Cr+ Daily Turnover and 3 Lac+ Executed Orders Daily, offering brokerage services for stocks, future and options, currency and commo... Know more about South Asian Stocks Ltd

Raghunandan Capital Pvt Ltd Logo

About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is an Gift City, Gandhinagar, Gujarat-based financial service provider. The company offers a range of financial products and services. These include Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds, and Corporate FDRs. Raghunandan Money is a member of NSE, BSE, MCX, NCDEX, and CDSL. The company is among the top 5 commodity brokers in India. It contributes over 8% of NCDEX daily and 4% of MCX turnover. It has ... Know more about Raghunandan Capital Pvt Ltd

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SAS Online Vs RMoney

Incorporated in 2013, SAS Online is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  SAS Online RMoney
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE and MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 2013
Number of Branches 1
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SAS Online Vs RMoney Charges & AMC

SAS Online trading account opening charges is Rs 200 while RMoney account opening changes is Rs 0 (Free). SAS Online Demat Account AMC Charges is For Individual-Rs 200 (Free for the 1st year) | Non Individual-Rs 1000 and RMoney Demat Account AMC Charges is Rs 299 (Free for first year).

  SAS Online RMoney
Trading Account Opening Charges Rs 200 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 299 (Free for first year)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges For Individual-Rs 200 (Free for the 1st year) | Non Individual-Rs 1000 Rs 299 (Free for first year)

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SAS Online Vs RMoney Brokerage

SAS Online brokerage charges for equity is Rs 9 and intraday is Rs 9 whereas RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.

Account Type SAS Online Trading Plan Rs 9 per trade RMoney Rs 9 Per Trade Plan
Fixed Charges NA
Equity Delivery Rs 9 Rs 9 per executed order
Equity Intraday Rs 9 Rs 9 per executed order
Equity Futures Rs 9 Rs 9 per executed order
Equity Options Rs 9 Rs 9 per executed order
Currency Futures Rs 9 Rs 9 per executed order
Currency Options Rs 9 Rs 9 per executed order
Commodity Futures NA Rs 9 per executed order
Commodity Options NA Rs 9 per executed order
Special Offer
Special Offer: Pay Rs 1999 per month and get 199 orders per day or flat Rs 9 per Trade. Open Instant Demat Account and start trading today.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

SAS Online Vs RMoney Brokerage Plan 2

  SAS Online RMoney
Account Type Trading Plan Rs 999 per month Rs 999 Per Month Trade Plan
Fixed Charges Rs 999 Rs 999
Equity Delivery NA Rs 0
Equity Intraday NA Rs 0
Equity Futures NA Rs 0
Equity Options NA Rs 0
Currency Futures NA Rs 0
Currency Options NA Rs 0
Commodity Futures Rs 0 Rs 0
Commodity Options Rs 0 Rs 0
Open SAS Online Account

SAS Online Vs RMoney Brokerage Plan 3

  SAS Online RMoney
Account Type Pro Plan Rs 1999 per month Rs 9 Per Trade Plan
Fixed Charges Rs 1999 NA
Equity Delivery Rs 9 per executed order
Equity Intraday Rs 9 per executed order
Equity Futures Rs 9 per executed order
Equity Options Rs 9 per executed order
Currency Futures Rs 9 per executed order
Currency Options Rs 9 per executed order
Commodity Futures NA Rs 9 per executed order
Commodity Options NA Rs 9 per executed order
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SAS Online Charges Vs RMoney

Minimum Brokerage Rs 0 Rs 0
Other Charges 0.01% or Rs 9 per executed order, whichever is lower Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges Rs 20 per trader Rs 0 (Unlimited Calls)

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SAS Online Vs RMoney Transaction Charges

SAS Online transaction charges for options is NSE Rs 5600 per Cr (0.056%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  SAS Online RMoney
Equity Delivery NSE Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 230 per Cr (0.0023%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5600 per Cr (0.056%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 120 per Cr (0.0012%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4500 per Cr (0.045%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Non-Agri: 0.0036% (Rs 360/crore) MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
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SAS Online Vs RMoney Leverage (Margin)

SAS Online margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the RMoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  SAS Online RMoney
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare SAS Online and RMoney Features

The trading platforms offered SAS Online include ALPHA Web, ALPHA Trader and ALPHA Mobile (Omnesys NEST). RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

  SAS Online RMoney
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform ALPHA Web, ALPHA Trader and ALPHA Mobile (Omnesys NEST) RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time Equity 3:15 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features
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SAS Online Vs RMoney Review

SAS Online is rated 4.0 of 5 based on 80 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.

  SAS Online RMoney
  80 Customer Reviews    Rate SAS Online 5 Customer Reviews    Rate RMoney
Fees 4.3 4.4
Brokerage 4.6 4.2
Trading Platform 3.5 3.4
Customer Service 4.0 3.8
Research Capabilities 2.8 2.0
Overall Ratings Rated 4.0 stars Rated 3.2 stars
Broker Rating SAS Online is rated 4.0 of 5 based on 80 customer reviews RMoney is rated 3.2 of 5 based on 5 customer reviews

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Contact Broker / Request A Call Back

  SAS Online Enquire RMoney Enquire
Contact Broker Pay Rs 1999 per month and get 199 orders per day or flat Rs 9 per Trade. Open Instant Demat Account and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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SAS Online Vs RMoney Investment Options

  SAS Online RMoney
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options Corporate FD, Life Instance, General Insurance

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SAS Online Vs RMoney Order Type Offered

  SAS Online RMoney
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes
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SAS Online Vs RMoney Research Report

  SAS Online RMoney
Daily Market Report No Yes
Free Tips No No
Quarterly Result Analysis No Yes
News Alerts No Yes

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SAS Online Vs RMoney Suitable For Investor Type

  SAS Online RMoney
Casual Investor Yes
Active Investor Yes
Trader Yes Yes

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SAS Online Vs RMoney - Pros and Cons

  SAS Online RMoney
Pros
  1. Margin against shares is available.
  2. Margin funding is available through a product Equity Plus.
  3. Monthly unlimited trading plans available for trading at NSE, BSE and MCX.
  4. Trading Software including website, mobile app and installable trading terminals are available for free.
  5. No minimum brokerage.
  6. SASOnline Referral Program helps its customers to refer friends and earn 20%of the brokerage paid by them.
  7. Trading application (ALPHA Web) is available for operating systems Mac and Linux. It is a re-branded Omnesys NEST trading platform.
  8. GET BANK Interest on Cash lying in the Trading Account.
  9. Trade Deep ITM/OTM option strike is available for trading.
  10. Monthly unlimited trading plans available for trading at NSE, BSE, CDS, BFO, NFO and MCX.
  11. Dedicated Call/ email & live chat support.
  1. Offer both discount brokerage as well as full-service brokerage plans.
  2. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment
  3. ODIN trading platform is available free of cost to all customers.
  4. Unlimited free Call & Trades.
  5. Local branches in major cities across North India.
  6. Free tips, research and news alerts.
  7. Online paperless instant account opening.
Cons
  • Call and Trade is charged at extra Rs 20 order.
  • Doesn't provide stock research, tips or recommendations.
  • Good Till Cancelled (GTC) is only available in Commodities. GTC is not available in Equity.
  1. RMoney QUICK Mobile Trading app is under active development. The app has performance and stability issues. App also missing key features which are part of competitor's trading app.
  2. Margin funding is not available.
  3. GTC/GTD not available in Equity.
  4. NRI Account is not available.
Reviews Useful Articles:
Promo / Offers

SAS Online Special Offer

Monthly Trading @ Rs 1999

  • Pay Rs 1999 per month and get 199 orders per day or flat Rs 9 per trade +
  • Get margin against your shares +
  • API for alog trading.

This is a limited-time offer. Open Instant Demat Account and start trading today.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
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