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ICICIdirect Vs SAS Online (Compare ICICIdirect and SAS Online)

ICICI Securities Pvt Ltd. Logo

About ICICIdirect
ICICIdirect 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. ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tr... Know more about ICICI Securities Pvt Ltd.

South Asian Stocks Ltd Logo

About 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

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ICICIdirect Vs SAS Online

Incorporated in 2000, ICICIdirect 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.

  ICICIdirect 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 ICICIdirect AccountOpen SAS Online Account

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ICICIdirect Vs SAS Online Charges & AMC

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

  ICICIdirect 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

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ICICIdirect Vs SAS Online Brokerage

ICICIdirect 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.

Account Type ICICIdirect ICICI Neo Plan SAS Online 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.

ICICIdirect Vs SAS Online Brokerage Plan 2

  ICICIdirect 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 ICICIdirect AccountOpen SAS Online Account

ICICIdirect Vs SAS Online Brokerage Plan 3

  ICICIdirect 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 ICICIdirect AccountOpen SAS Online Account

ICICIdirect 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

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ICICIdirect Vs SAS Online Transaction Charges

ICICIdirect 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.

  ICICIdirect 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 ICICIdirect AccountOpen SAS Online Account

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ICICIdirect Vs SAS Online Leverage (Margin)

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

  ICICIdirect SAS Online
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)
Open ICICIdirect AccountOpen SAS Online Account

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Compare ICICIdirect and SAS Online Features

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

  ICICIdirect 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 ICICIdirect AccountOpen SAS Online Account

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ICICIdirect Vs SAS Online Review

ICICIdirect is rated 2.4 of 5 based on 460 customer reviews whereas SAS Online is rated 4.1 of 5 based on 75 customer reviews.

  ICICIdirect SAS Online
  460 Customer Reviews    Rate ICICIdirect 75 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 3.3
Overall Ratings Rated 2.4 stars Rated 4.1 stars
Broker Rating ICICIdirect is rated 2.4 of 5 based on 460 customer reviews SAS Online is rated 4.1 of 5 based on 75 customer reviews

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Contact Broker / Request A Call Back

  ICICIdirect 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.

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ICICIdirect Vs SAS Online Investment Options

  ICICIdirect 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

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ICICIdirect Vs SAS Online Order Type Offered

  ICICIdirect 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 ICICIdirect AccountOpen SAS Online Account

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ICICIdirect Vs SAS Online Research Report

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

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ICICIdirect Vs SAS Online Suitable For Investor Type

  ICICIdirect SAS Online
Casual Investor Yes
Active Investor
Trader Yes

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ICICIdirect Vs SAS Online - Pros and Cons

  ICICIdirect 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 in Options, Currency F&O and Commodity futures 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 ICICIdirect AccountOpen SAS Online Account

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