The side-by-side comparison of SAS Online and Choice Broking. Compare SAS Online Vs Choice Broking brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best SAS Online vs Choice Broking?
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.
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Choice Broking
Incorporated in 2010, Choice Equity Broking Pvt. Ltd (commonly known as Choice Broking) is a Mumbai-based full-service stockbroking firm. Choice broking is a subsidiary of a publicly listed financial services firm named 'Choice International Limited' that was formed in 1993.
Choice Broking offers online trading and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, wealth management, Portfolio management, Insuran...
Incorporated in 2013, SAS Online is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 branches across India. Incorporated in 2010, Choice Broking is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX, ICDEX. It has 50 branches across India.
SAS Online | Choice Broking | |
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Type of Broker | Discount Broker | Full Service Broker |
Supported Exchnages | NSE, BSE and MCX | BSE, NSE, MCX, NCDEX, ICDEX |
Account Type | ?999 Equity Plan - Unlimited Trading | Standard Plan |
Year of Incorporation | 2013 | 2010 |
Number of Branches | 1 | 50 |
Broker Enquiry |
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Enquire SAS Online | Enquire Choice Broking |
SAS Online trading account opening charges is Rs 200 while Choice Broking account opening changes is Rs 0 (Free). SAS Online Demat Account AMC Charges is Rs 200 and Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free).
SAS Online | Choice Broking | |
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Trading Account Opening Charges | Rs 200 | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
Demat Account Opening Charges | Rs 200 | Rs 0 (Free) |
Demat Account AMC Charges | Rs 200 | Rs 200 or as per plan. (1st year AMC free) |
SAS Online brokerage charges for equity is Rs 0 and intraday is Rs 0 whereas Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02%.
SAS Online | Choice Broking | |
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Account Type | ?999 Equity Plan - Unlimited Trading | Standard Plan |
Fixed Charges | Rs 999 | |
Equity Delivery Brokerage | Rs 0 | 0.20% |
Equity Intraday Brokerage | Rs 0 | 0.02% |
Equity Futures Brokerage | Rs 0 | 0.02% |
Equity Options Brokerage | Rs 0 | Rs 25 per lot |
Currency Futures Trading Brokerage | NA | 0.02% |
Currency Options Trading Brokerage | NA | Rs 20 per lot |
Commodity Futures Trading Brokerage | NA | 0.02% |
Commodity Options Trading Brokerage | NA | Rs 50 per lot |
Special Offer |
SAS Online | Choice Broking | |
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Account Type | ₹999 MCX Plan - Unlimited Trading | Standard Plan |
Fixed Charges | Rs 999 | |
Equity Delivery Brokerage | NA | 0.20% |
Equity Intraday Brokerage | NA | 0.02% |
Equity Futures Brokerage | NA | 0.02% |
Equity Options Brokerage | NA | Rs 25 per lot |
Currency Futures Trading Brokerage | NA | 0.02% |
Currency Options Trading Brokerage | NA | Rs 20 per lot |
Commodity Futures Trading Brokerage | Rs 0 | 0.02% |
Commodity Options Trading Brokerage | Rs 0 | Rs 50 per lot |
Enquire SAS Online | Enquire Choice Broking |
SAS Online | Choice Broking | |
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Account Type | Flat Fee Plan | Standard Plan |
Fixed Charges | Rs 999 | |
Equity Delivery Brokerage | Rs 9 per executed order | 0.20% |
Equity Intraday Brokerage | Rs 9 per executed order | 0.02% |
Equity Futures Brokerage | Rs 9 per executed order | 0.02% |
Equity Options Brokerage | Rs 9 per executed order | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 9 per executed order | 0.02% |
Currency Options Trading Brokerage | Rs 9 per executed order | Rs 20 per lot |
Commodity Futures Trading Brokerage | NA | 0.02% |
Commodity Options Trading Brokerage | NA | Rs 50 per lot |
Enquire SAS Online | Enquire Choice Broking |
Minimum Brokerage Charges | Rs 0 | |
Other Brokerage Charges | 0.01% or Rs 9 per executed order, whichever is lower | |
Call & Trade Charges | Rs 20 per trader | Rs 0 (Free) |
SAS Online transaction charges for options is 0.055% (Rs 5500/crore) on premium while Choice Broking exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
SAS Online | Choice Broking | |
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Equity Delivery | 0.00325% (Rs 325/crore) | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
Equity Intraday | 0.00325% (Rs 325/crore) | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
Equity Futures | 0.0022% (Rs 220/crore) | NSE Rs 240 per crore (0.0024%) |
Equity Options | 0.055% (Rs 5500/crore) on premium | NSE Rs 5000 per crore (0.05%) |
Currency Futures | 0.0012% (Rs 120/crore) | NSE Rs 90 per crore (0.0009%) |
Currency Options | 0.045% (Rs 4500/crore) on premium | NSE Rs 4000 per crore (0.04%) |
Commodity | Non-Agri: 0.0036% (Rs 360/crore) | Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%) |
Enquire SAS Online | Enquire Choice Broking |
SAS Online provides the margin of 13x to 20x with CO (Intraday), 5x to 9x for MIS (Intraday) for intraday trades whereas the Choice Broking margin for intraday cash is Up to 20x.
SAS Online | Choice Broking | |
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Equity Delivery | 1x (no margin) | 1x (no margin) |
Equity Intraday | 13x to 20x with CO (Intraday), 5x to 9x for MIS (Intraday) | Up to 20x |
Equity Futures | 5x with CO (Intraday), 2x for MIS (Intraday) | Up to 5x |
Equity Options | 2x for selling 100% premium amount for buying | 1x (no margin) for Options buying and up to 10x for options selling |
Currency Futures | 2x trading margin | Up to 3x |
Currency Options | 2x for selling 100% premium amount for buying | 1x (no margin) |
Commodity Futures | NA | Up to 5x |
Commodity Options | 1x (no margin) | |
Enquire SAS Online | Enquire Choice Broking |
The trading platforms offered SAS Online include ALPHA Web, ALPHA Trader and ALPHA Mobile (Omnesys NEST). Choice Broking offers Jiffy trading software.
SAS Online | Choice Broking | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | ALPHA Web, ALPHA Trader and ALPHA Mobile (Omnesys NEST) | Jiffy |
Intraday Square-off Time | 3:15 PM | |
Other Features | ||
Referral Program | ![]() |
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Enquire SAS Online | Enquire Choice Broking |
SAS Online is rated 4.0 of 5 based on 71 customer reviews whereas Choice Broking is rated 4.7 of 5 based on 3 customer reviews.
SAS Online | Choice Broking | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire SAS Online | Enquire Choice Broking |
SAS Online | Choice Broking | |
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Pros |
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Cons |
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Reviews | Choice Equity Broking Private Limited, commonly known as Choice Broking , is a Mumbai based full-service broker incorporated in 2010 offering online trading and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, Margin Trading Facility, wealth management, Portfolio management, Insurance, and Loan against share. The company offers 2-in-1 account opening services and has a depository membership with CDSL and NSDL and is a member of NSE, BSE, MCX, NCDEX, and ICEX. The company has a proprietary trading platform (Jiffy) available on the website, Android, and iOS. |
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Promo / Offers | ||
Enquire SAS Online | Enquire Choice Broking |
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