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SAS Online Vs Groww (Compare SAS Online and Groww)

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

Nextbillion Technology pvt ltd Logo

About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe... Know more about Nextbillion Technology pvt ltd

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SAS Online Vs Groww

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 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

  SAS Online Groww
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE and MCX NSE and BSE
Year of Incorporation 2013 2016
Number of Branches 1 0
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SAS Online Vs Groww Charges & AMC

SAS Online trading account opening charges is Rs 200 while Groww account opening changes is Rs 0 (Free). SAS Online Demat Account AMC Charges is For Individual-Rs 200 (Free for the 1st year) | Non Individual-Rs 1000 and Groww Demat Account AMC Charges is Rs 0.

  SAS Online Groww
Trading Account Opening Charges Rs 200 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges For Individual-Rs 200 (Free for the 1st year) | Non Individual-Rs 1000 Rs 0

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SAS Online Vs Groww Brokerage

SAS Online brokerage charges for equity is Rs 9 and intraday is Rs 9 whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type SAS Online Trading Plan Rs 9 per trade Groww Standard Plan
Fixed Charges NA
Equity Delivery Rs 9 Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Rs 9 Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 9 Rs 20 per executed order
Equity Options Rs 9 Rs 20 per executed order
Currency Futures Rs 9 NA
Currency Options Rs 9 NA
Commodity Futures NA NA
Commodity Options NA NA
Special Offer
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.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

SAS Online Vs Groww Brokerage Plan 2

  SAS Online Groww
Account Type Trading Plan Rs 999 per month Standard Plan
Fixed Charges Rs 999 NA
Equity Delivery NA Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday NA Rs 20 per executed order or 0.05% whichever is lower
Equity Futures NA Rs 20 per executed order
Equity Options NA Rs 20 per executed order
Currency Futures NA NA
Currency Options NA NA
Commodity Futures Rs 0 NA
Commodity Options Rs 0 NA
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SAS Online Vs Groww Brokerage Plan 3

  SAS Online Groww
Account Type Pro Plan Rs 1999 per month Standard Plan
Fixed Charges Rs 1999 NA
Equity Delivery Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 20 per executed order
Equity Options Rs 20 per executed order
Currency Futures NA
Currency Options NA
Commodity Futures NA NA
Commodity Options NA NA
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SAS Online Charges Vs Groww

Minimum Brokerage Rs 0 Rs 20 or 0.05% per executed order
Other Charges 0.01% or Rs 9 per executed order, whichever is lower Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges Rs 20 per trader NA

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SAS Online Vs Groww Transaction Charges

SAS Online transaction charges for options is NSE Rs 5600 per Cr (0.056%) (on premium) while Groww exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

  SAS Online Groww
Equity Delivery NSE Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 230 per Cr (0.0023%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5600 per Cr (0.056%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures NSE Rs 120 per Cr (0.0012%)
Currency Options NSE Rs 4500 per Cr (0.045%) (on premium) (on premium)
Commodity Non-Agri: 0.0036% (Rs 360/crore) NA
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SAS Online Vs Groww Leverage (Margin)

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

  SAS Online Groww
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)
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Compare SAS Online and Groww Features

The trading platforms offered SAS Online include ALPHA Web, ALPHA Trader and ALPHA Mobile (Omnesys NEST). Groww offers Groww trading software.

  SAS Online Groww
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform ALPHA Web, ALPHA Trader and ALPHA Mobile (Omnesys NEST) Groww
Intraday Square-off Time 3:10 PM
Trading In SME Shares Allowed? No
Referral Program Yes
Other Features
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SAS Online Vs Groww Review

SAS Online is rated 4.0 of 5 based on 80 customer reviews whereas Groww is rated 3.9 of 5 based on 94 customer reviews.

  SAS Online Groww
  80 Customer Reviews    Rate SAS Online 94 Customer Reviews    Rate Groww
Fees 4.3 4.3
Brokerage 4.6 3.9
Trading Platform 3.5 3.9
Customer Service 4.0 3.6
Research Capabilities 2.8 3.2
Overall Ratings Rated 4.0 stars Rated 3.9 stars
Broker Rating SAS Online is rated 4.0 of 5 based on 80 customer reviews Groww is rated 3.9 of 5 based on 94 customer reviews

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Contact Broker / Request A Call Back

  SAS Online Enquire Groww Enquire
Contact Broker 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. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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SAS Online Vs Groww Investment Options

  SAS Online Groww
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO No Yes
Mutual Funds No Yes
Bond / NCD No No
Debt No Yes
Other Investment Options Digital Gold, US Stocks, Fixed Deposits

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SAS Online Vs Groww Order Type Offered

  SAS Online Groww
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) No No
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SAS Online Vs Groww Research Report

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

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SAS Online Vs Groww Suitable For Investor Type

  SAS Online Groww
Casual Investor Yes
Active Investor
Trader Yes

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SAS Online Vs Groww - Pros and Cons

  SAS Online Groww
Pros
  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.
  • Simple pricing model with low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Zero Account opening fee.
  • Zero Maintenance Charges.
  • Direct MF platform that helps you earn an extra 1.5% returns.
  • E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision.
  • Instant paperless account opening.
  • Online IPO application.
  • Inhouse Brokerage Calculator
  • Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline. 
Cons
  • 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.
  • Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
  • Doesn't offer trading in SME shares.
  • No Call and Trade services.
  • Branch support not available.
  • Do not provide stock tips, research reports, or recommendations.
  • No Margin trading facility.
  • No Margin against shares.
  • Advanced order types like BO, CO, AMO, and GTT not available.
  • Trailling stop loss orders are not available in Groww app.
  • Do not offer NRI Trading.
Reviews

Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository.

Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds.

The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.

Promo / Offers

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.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
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