SAS Online Consumer Complaints

SAS Online Detail

Incorporated in 1995, SAS Online is an online discount brokerage firm offering brokerage services for stocks, future and options, currency and commodities at NSE, BSE and MCX exchanges. SAS Online started offering its discount brokerage services since 2013. As of Aug 2019, they have 30000+ clients spread across 750+ cities of India. They are doing a daily average turnover of Rs 10,000+ Cr, contributing to over 1% of the total Indian market turnover with an average of 1 lac + orders a day. ... Know more about SAS Online

Complaint against SAS Online Broker

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Name:Phone
EmailCity
State
Are you a day trader?

SAS Online brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the SAS Online customers. The SAS Online consumer complaints report analyzes the SAS Online online complaint data provided by BSE and NSE. This report shows the health of the broker.

These complaints are serious grievances against SAS Online broker which the broker and customer failed to resolve. The customer then filed these legal complaints with the stock exchange.

The SAS Online complaint no. report also provides SAS Online’s number of active clients. This shows the growth of the broker year on year.

SAS Online Consumer Complaints

Exchange Financial Year Number of Clients   ? Total Complaints  ? %
NSE 2020-21 17,878 14 0.08%
NSE 2019-20 13,027 5 0.04%
NSE 2018-19 12,445 11 0.09%
NSE 2017-18 11,869 6 0.05%
NSE 2016-17 9,384 5 0.05%
NSE 2015-16 6,436 8 0.12%
NSE 2014-15 4,091 9 0.22%
NSE 2013-14 1,933 1 0.05%

SAS Online complaint at NSE

2020-212019-202018-19
Defaulter Yes/NoNoNoNo
No. of clients at the beginning of the year
No. of active clients178781302712445
No. of complaints received *14511
Resolved through the exchange11511
Non actionable **200
Advised / Opted for arbitration000
Pending for redressal with exchange100
No. of arbitration filed by clients1
Decided by arbitrators in favour of the clients1
Decided by the arbitrators0
Pending for redressal with arbitrators0
% of No. of complaints as against No. of active clients0.070.030.08
% of complaints resolved as against complaints received92.85100100

SAS Online complaint at BSE

No complaints found at BSE.

Note:

  • * Including against its sub brokers, authorised persons, employees, etc.
  • ** Non actionable means the complaint that are incomplete / outside the scope of the Stock Exchange

Contact SAS Online

Name:Phone
EmailCity
State
Are you a day trader?

1 Comments

Mercy
1. Mercy  Apr 16, 2021 20:50 I Like It. | Report Abuse Reply
They are trying to fool, and think that all their customers are fools without any brain?
Their software or server has problem not only on expiry day but whenever the market fluctuates it starts misbehaving. All other websites and softwares including Upstox have no problems during the same time.

Why these problems are not there when the market is smooth? today also there was no problem till 2.10 pm. Then the market started fluctuating then your softwares become dumb and deaf.

They say " We are forwarding your issue to the concerned team for further consideration"

How many times they wrote these same words? who is this concern team? Are they ignorant and incompetent people.?
I had gone through the complaints about you in the National stock exchange. I will add to these complaints that you are an irresponsible broker.

They have a set pattern of reply which they keep on repeating in every reply,for the complaints sent .
They are complacent that they have enough clients that is why they are not ready to improve..

SAsonline is unreliable , very unreliable broker and their callous and deceiving attitude will cause the day trader heavy loss. I would suggest all
day traders to stay away from SASONLINE broker. The low brokerage wont help you . During volatility their software wont allow you to do anything , even squaring off may not be possible and heavy loss may happen








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