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SAS Online - Safe, Reliable & Trustworthy Broker


9.17% 19,518 Clients

SAS Online is a safe and trustworthy broker with a strong online presence, different brokerage plans as per the client's needs, and advanced trading platforms. It is a registered SEBI and DP member with NSDL. The broker is also a member of BSE, NSE, MCX, and NCDEX to place trade orders on behalf of clients to the exchanges.

South Asian Stock (SAS) Ltd is a Delhi-based discount brokerage firm established in 199The broker allows investment across equity, F&O, currency, and commodities.

SAS Online has no hidden cost and provides hassle-free trading across different segments. Clients can choose the brokerage plan as per their investment requirements.


About SAS Online

As of June 2020, the following are the key facts about SAS Online:

  • More than 25 years of stock market experience
  • Alpha Platform- fast, intuitive and light
  • Offers flat fee and monthly plans
  • Charges Rs 999 for a monthly plan for unlimited trading
  • Free trading software and tools
  • Provides margin trading facility
  • Super connectivity for tick by tick exchange update
  • Auto pay-in feature and instant limit update

Why is SAS Online safer than other brokers?

  1. Technology-focused Company

    SAS Online provides access to advanced online trading platforms. It also offers instant trade confirmation facility through SMS. SAS Online Alpha platform is available in desktop, web, and mobile-based capabilities.

  2. Simple Pricing Model

    SAS Online offers a simple pricing model where customers have to pay a flat fee of Rs 9 irrespective of segment and trade volume. For unlimited trading in Equity, Commodity, and Currency, you can subscribe to Rs 999 plan.

  3. No Advisory Services

    SAS Online is a discount brokerage firm that is focused on offering depository services and investment platforms. It doesn't offer any advisory services to invest in the stock market. Somehow it is safe when advisory may not be 100% true for the investments.

  4. Low Complaints to Active Clients Ratio

    SAS Online has a lower ratio of complaints to active clients making it one of the safe brokers.

  5. No Promoter Pledge

    SAS Online has no promoter pledge which is the safe side of the broker. The promoters when in need of money can pledge their shares with banks, and other financial institutions. It shows a money shortage with the promoter and doesn't favor being a safe broker.


SAS Online Risks

SAS Online is a safe broker, but there are few risks you should be aware of:

  1. Margin Funding

    SAS Online offers a margin funding facility which is a risky business with customer defaults. There are some brokers which don't offer margin funding facility on a safer side.

  2. Client securities in the Pooled Account

    SAS Online keeps customers' securities in the pooled account. The securities are first transferred to the pool account of SAS Online. If the funds are clear, then the broker transfers it to the client's Demat account.

  3. Proprietary Trading

    SAS Online does proprietary trading where the company uses the money of the clients for prop trading. It is a risky proportion as 100% returns are kept with the broker.


SAS Online Memberships

SAS Online is registered with SEBI and a member of BSE, NSE, MCX, and NCDEX. The depository participant accounts of clients at SAS Online are opened with NSDL.

SAS Online Membership details:

  • NSE Member Code 09073
  • BSE Member Code 6329
  • NSDL: IN-DP-NSDL-3742014
  • SEBI Registration No. INZ000164738
  • MCX Member Code : 55215
  • NCDEX Member Code : 1233

Conclusion

SAS Online is a safe and reliable broker considering the brokerage model, no promoter pledge, and lower complaints against the broker. Although, the broker offers margin funding and proprietary trading which are risky terms for the clients. As per the flexibility of brokerage plans and advanced trading platforms, it is a good option for experienced clients.

Must Read:

SAS Online Special Offer

Unlimited Monthly Trading @ Rs 999

  • Trade unlimited for just Rs 999 per month 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.

Frequently Asked Questions

  1. 1. Is SAS Online a reliable stockbroker?

    Yes, SAS Online is a reliable broker. It is a SEBI authorized stockbroker. SAS Online is also a member of NSE, BSE, MCX and NCDEX exchanges. It also offers depository participant services with NSDL. Considering no promoter pledge, simple pricing model, no advisory services, more than 25 years of industry experience, and technology-focused software, SAS Online is a reliable stockbroker.

     

     

Information on this page was last updated on Tuesday, August 24, 2021


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