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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 Tradin... Know more about ICICI Securities Pvt Ltd.

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

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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 For Individual-Rs 200 (Free for the 1st year) | Non Individual-Rs 1000.

  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 0
Demat Account AMC Charges Rs 300 (from 2nd year) For Individual-Rs 200 (Free for the 1st year) | Non Individual-Rs 1000

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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 9 and intraday is Rs 9.

Account Type ICICIdirect ICICI Neo Plan SAS Online Trading Plan Rs 9 per trade
Fixed Charges NA
Equity Delivery 0.55% Rs 9
Equity Intraday Rs 20 per order Rs 9
Equity Futures Rs 0 (Free) Rs 9
Equity Options Rs 20 per order Rs 9
Currency Futures Rs 20 per order Rs 9
Currency Options Rs 20 per order Rs 9
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 5 minutes from sell orders + Free trading tips. Open Instant Account Now
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.

ICICIdirect Vs SAS Online Brokerage Plan 2

  ICICIdirect SAS Online
Account Type I-Secure Plan Trading Plan Rs 999 per month
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 Pro Plan Rs 1999 per month
Fixed Charges NA Rs 1999
Equity Delivery 0.55%
Equity Intraday Rs 20 per order
Equity Futures Rs 0 (Free)
Equity Options Rs 20 per order
Currency Futures Rs 20 per order
Currency Options Rs 20 per 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 NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while SAS Online exchange transaction charges for options is NSE Rs 5600 per Cr (0.056%) (on premium).

  ICICIdirect SAS Online
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 230 per Cr (0.0023%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5600 per Cr (0.056%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 120 per Cr (0.0012%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4500 per Cr (0.045%) (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
Trading In SME Shares Allowed?
Referral Program Yes
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Open ICICIdirect AccountOpen SAS Online Account

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ICICIdirect Vs SAS Online Review

ICICIdirect is rated 2.3 of 5 based on 476 customer reviews whereas SAS Online is rated 4.0 of 5 based on 80 customer reviews.

  ICICIdirect SAS Online
  476 Customer Reviews    Rate ICICIdirect 80 Customer Reviews    Rate SAS Online
Fees 2.2 4.3
Brokerage 1.7 4.6
Trading Platform 3.3 3.5
Customer Service 2.6 4.0
Research Capabilities 2.9 2.8
Overall Ratings Rated 2.3 stars Rated 4.0 stars
Broker Rating ICICIdirect is rated 2.3 of 5 based on 476 customer reviews SAS Online is rated 4.0 of 5 based on 80 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 5 minutes from sell orders + Free trading tips. Open Instant Account Now 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.

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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. 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.
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.
  • Good Till Cancelled (GTC) is only available in Commodities. GTC is not available in Equity.
Reviews
Promo / Offers

ICICIdirect Special Offer

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 5 minutes of selling stocks

Interested in opening a trading account? Open Instant Account Now

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.

Open ICICIdirect AccountOpen SAS Online Account

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