ICICI Direct Vs SAS Online (Compare ICICI Direct and SAS Online)


ICICI Direct
ICICI Direct is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc. ICICI Direct's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI ... Know more about ICICI Securities Pvt Ltd.


SAS Online
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 South Asian Stocks Ltd

Expand

ICICI Direct Vs SAS Online

Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2013, SAS Online is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 branches across India.

  ICICI Direct SAS Online
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE NSE, BSE and MCX
Year of Incorporation 2000 2013
Number of Branches 154 1
Open an Online Trading Account with ICICI Direct.Open an Online Trading Account with SAS Online.
Open ICICI Direct AccountOpen SAS Online Account
Expand

ICICI Direct Vs SAS Online Charges & AMC

ICICI Direct trading account opening charges is Rs 0 (Free) while SAS Online account opening changes is Rs 200. ICICI Direct Demat Account AMC Charges is Rs 300 (from 2nd year) and SAS Online Demat Account AMC Charges is Rs 200.

  ICICI Direct SAS Online
Trading Account Opening Charges Rs 0 (Free) Rs 200
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 200
Demat Account AMC Charges Rs 300 (from 2nd year) Rs 200
Expand

ICICI Direct Vs SAS Online Brokerage Charges & Plans

ICICI Direct Vs SAS Online Brokerage

ICICI Direct brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas SAS Online brokerage charges for equity is Rs 0 and intraday is Rs 0.

  ICICI Direct SAS Online
Account Type ICICI Neo Plan Rs 999 Equity Plan - Unlimited Trading
Fixed Charges NA Rs 999
Equity Delivery 0.55% Rs 0
Equity Intraday Rs 20 per order Rs 0
Equity Futures Rs 0 (Free) Rs 0
Equity Options Rs 20 per order Rs 0
Currency Futures Rs 20 per order NA
Currency Options Rs 20 per order NA
Commodity Futures Rs 20 per order NA
Commodity Options Rs 20 per order NA
Special Offer
Special Offer: ICICIDirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 30 minutes from sell orders + Free trading tips. Open Instant Account Now
Special Offer: Pay Rs 999 per month for unlimited trading or flat Rs 9 per Trade. Open Instant Demat Account and start trading today.

ICICI Direct Vs SAS Online Brokerage Plan 2

  ICICI Direct SAS Online
Account Type I-Secure Plan Rs 999 MCX Plan - Unlimited Trading
Fixed Charges NA Rs 999
Equity Delivery 0.55% NA
Equity Intraday 0.275% NA
Equity Futures 0.05% NA
Equity Options Rs 95 per lot NA
Currency Futures Rs 20 per order NA
Currency Options Rs 20 per order NA
Commodity Futures Rs 20 per order Rs 0
Commodity Options Rs 20 per order Rs 0
Open ICICI Direct AccountOpen SAS Online Account

ICICI Direct Vs SAS Online Brokerage Plan 3

  ICICI Direct SAS Online
Account Type ICICI Neo Plan Flat Fee Plan
Fixed Charges NA Rs 999
Equity Delivery 0.55% Rs 9 per executed order
Equity Intraday Rs 20 per order Rs 9 per executed order
Equity Futures Rs 0 (Free) Rs 9 per executed order
Equity Options Rs 20 per order Rs 9 per executed order
Currency Futures Rs 20 per order Rs 9 per executed order
Currency Options Rs 20 per order Rs 9 per executed order
Commodity Futures Rs 20 per order NA
Commodity Options Rs 20 per order NA
Open ICICI Direct AccountOpen SAS Online Account

ICICI Direct Charges Vs SAS Online

Minimum Brokerage Rs 35 per trade (I-Secure Plan) Rs 0
Other Charges Margin Trading Interest: 0.025% Per day 0.01% or Rs 9 per executed order, whichever is lower
Call & Trade Charges Rs 50 per trade Rs 20 per trader
Expand

ICICI Direct Vs SAS Online Transaction Charges

ICICI Direct transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while SAS Online exchange transaction charges for options is 0.055% (Rs 5500/crore) on premium.

  ICICI Direct SAS Online
Equity Delivery NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) 0.00325% (Rs 325/crore)
Equity Intraday NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) 0.00325% (Rs 325/crore)
Equity Futures Rs 180 per Cr (0.0018%) 0.0022% (Rs 220/crore)
Equity Options Rs 5000 per Cr (0.05%) (on premium) 0.055% (Rs 5500/crore) on premium
Currency Futures Rs 120 per Cr (0.0012%) 0.0012% (Rs 120/crore)
Currency Options Rs 5000 per Cr (0.05%) (on premium) 0.045% (Rs 4500/crore) on premium
Commodity Group A - Rs 260 per Cr (0.0026%) Non-Agri: 0.0036% (Rs 360/crore)
Open ICICI Direct AccountOpen SAS Online Account
Expand

ICICI Direct Vs SAS Online Leverage (Margin)

ICICI Direct margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the SAS Online margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  ICICI Direct SAS Online
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Open ICICI Direct AccountOpen SAS Online Account
Expand

Compare ICICI Direct and SAS Online Features

The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. SAS Online offers ALPHA Web, ALPHA Trader and ALPHA Mobile (Omnesys NEST) trading software.

  ICICI Direct SAS Online
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App ALPHA Web, ALPHA Trader and ALPHA Mobile (Omnesys NEST)
Intraday Square-off Time 3:30 PM
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program Yes
Open ICICI Direct AccountOpen SAS Online Account
Expand

ICICI Direct Vs SAS Online Review

ICICI Direct is rated 2.4 of 5 based on 449 customer reviews whereas SAS Online is rated 4.1 of 5 based on 74 customer reviews.

  ICICI Direct SAS Online
  449 Customer Reviews    Rate ICICI Direct 74 Customer Reviews    Rate SAS Online
Fees 2.2 4.4
Brokerage 1.7 4.6
Trading Platform 3.3 3.5
Customer Service 2.7 4.0
Research Capabilities 2.9 3.1
Overall Ratings Rated 2.4 stars Rated 4.1 stars
Broker Rating ICICI Direct is rated 2.4 of 5 based on 449 customer reviews SAS Online is rated 4.1 of 5 based on 74 customer reviews
Expand

Contact Broker / Request A Call Back

  ICICI Direct Enquire SAS Online Enquire
Contact Broker ICICIDirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 30 minutes from sell orders + Free trading tips. Open Instant Account Now Pay Rs 999 per month for unlimited trading or flat Rs 9 per Trade. Open Instant Demat Account and start trading today.
Expand

ICICI Direct Vs SAS Online Investment Options

  ICICI Direct SAS Online
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS
Expand

ICICI Direct Vs SAS Online Order Type Offered

  ICICI Direct SAS Online
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
Open ICICI Direct AccountOpen SAS Online Account
Expand

ICICI Direct Vs SAS Online Research Report

  ICICI Direct SAS Online
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
Expand

ICICI Direct Vs SAS Online Suitable For Investor Type

  ICICI Direct SAS Online
Casual Investor Yes
Active Investor
Trader Yes
Expand

ICICI Direct Vs SAS Online - Pros and Cons

  ICICI Direct SAS Online
Pros
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.
  1. Discount stock broker with flat rate and fixed monthly unlimited trading plans.
  2. Monthly unlimited trading plans available for trading at NSE, BSE and MCX.
  3. Software's including web, mobile and installable trading terminals are available for free.
Cons
  • ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
  • Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hours of trading.
  • Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
  • Demat Account is mandatory.
  • Call & trade cost extra Rs 50 per trade in Neo/Prime Plans.
  • Call and Trade is charged at extra Rs 20 order.
  • Doesn't provide stock research, tips or recommendations.
  • Doesn't provide option to invest in IPO, FPO, Mutual Funds, Offer For Sale (OFS), Bond and NCD's.
  • Good Till Cancelled (GTC) is only available in Commodities. GTC is not available in Equity.
Reviews
Promo / Offers

ICICIDirect Neo Plan (Discount Brokerage)

Open a 3-in-1 account with Neo Plan for:

  • Free Account Opening
  • Brokerage-Free Equity Futures trading
  • Flat Rs 20 per trade brokerage (Intraday and F&O) in BSE, NSE and MCX
  • Free trading tips
  • Get funds in your bank account in just 30 minutes of selling stocks

Interested in opening a trading account? Open Instant Account Now

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.

Open ICICI Direct AccountOpen SAS Online Account

Compare More Brokers...

ICICI Direct SAS Online
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App