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SAS Online Vs Prostocks (Compare SAS Online and Prostocks)

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

Prostocks Logo

About Prostocks
ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited Equity and Derivatives Trading at Rs 899 per month or unlimited Currency Derivatives for Rs 499 per month. They are the cheapest broker in unlimited trading plans. Average share trader save between 60% to 99% on brokerage through this pl... Know more about Prostocks

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SAS Online Vs Prostocks

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, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

  SAS Online Prostocks
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE and MCX BSE, NSE
Year of Incorporation 2013 2016
Number of Branches 1 1
Open SAS Online AccountOpen Prostocks Account

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SAS Online Vs Prostocks Charges & AMC

SAS Online trading account opening charges is Rs 200 while Prostocks account opening changes is Rs 0 (Free). SAS Online Demat Account AMC Charges is Rs 200 and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

  SAS Online Prostocks
Trading Account Opening Charges Rs 200 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 200 Rs 0 (Free)
Demat Account AMC Charges Rs 200 Rs 0 (Lifetime Zero AMC)

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SAS Online Vs Prostocks Brokerage

SAS Online brokerage charges for equity is Rs 0 and intraday is Rs 0 whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.

Account Type SAS Online Rs 999 Equity Plan - Unlimited Trading Prostocks Flat Rate Plan
Fixed Charges Rs 999 NA
Equity Delivery Rs 0 Rs 0 (Free)
Equity Intraday Rs 0 Rs 15 per executed order
Equity Futures Rs 0 Rs 15 per executed order
Equity Options Rs 0 Rs 15 per executed order
Currency Futures NA Rs 15 per executed order
Currency Options NA Rs 15 per executed order
Commodity Futures NA NA
Commodity Options NA NA
Special Offer
Special Offer: Pay Rs 999 per month for unlimited trading or flat Rs 9 per Trade. Open Instant Demat Account and start trading today.
Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.

SAS Online Vs Prostocks Brokerage Plan 2

  SAS Online Prostocks
Account Type Rs 999 MCX Plan - Unlimited Trading Unlimited Equity Trading Plan
Fixed Charges Rs 999 Rs 899
Equity Delivery NA Rs 0
Equity Intraday NA Rs 0
Equity Futures NA Rs 0
Equity Options NA Rs 0
Currency Futures NA NA
Currency Options NA NA
Commodity Futures Rs 0 NA
Commodity Options Rs 0 NA
Open SAS Online AccountOpen Prostocks Account

SAS Online Vs Prostocks Brokerage Plan 3

  SAS Online Prostocks
Account Type Flat Fee Plan Unlimited Currency Trading Plan
Fixed Charges Rs 999 Rs 499
Equity Delivery Rs 9 per executed order NA
Equity Intraday Rs 9 per executed order NA
Equity Futures Rs 9 per executed order NA
Equity Options Rs 9 per executed order NA
Currency Futures Rs 9 per executed order Rs 0
Currency Options Rs 9 per executed order Rs 0
Commodity Futures NA NA
Commodity Options NA NA
Open SAS Online AccountOpen Prostocks Account

SAS Online Charges Vs Prostocks

Minimum Brokerage Rs 0 Rs 0
Other Charges 0.01% or Rs 9 per executed order, whichever is lower
Call & Trade Charges Rs 20 per trader Rs 0 (Free)

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SAS Online Vs Prostocks Transaction Charges

SAS Online transaction charges for options is 0.055% (Rs 5500/crore) on premium while Prostocks exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium).

  SAS Online Prostocks
Equity Delivery 0.00325% (Rs 325/crore) NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday 0.00325% (Rs 325/crore) NSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Futures 0.0022% (Rs 220/crore) NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%)
Equity Options 0.055% (Rs 5500/crore) on premium NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium)
Currency Futures 0.0012% (Rs 120/crore) NSE Rs 90 per Cr (0.0009%) | BSE Rs 25 per Cr (0.00025%)
Currency Options 0.045% (Rs 4500/crore) on premium NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Non-Agri: 0.0036% (Rs 360/crore)
Open SAS Online AccountOpen Prostocks Account

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SAS Online Vs Prostocks Leverage (Margin)

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

  SAS Online Prostocks
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 SAS Online AccountOpen Prostocks Account

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Compare SAS Online and Prostocks Features

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

  SAS Online Prostocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio No No
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) ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes Yes
Other Features
Open SAS Online AccountOpen Prostocks Account

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SAS Online Vs Prostocks Review

SAS Online is rated 4.1 of 5 based on 79 customer reviews whereas Prostocks is rated 3.3 of 5 based on 39 customer reviews.

  SAS Online Prostocks
  79 Customer Reviews    Rate SAS Online 39 Customer Reviews    Rate Prostocks
Fees 4.4 4.6
Brokerage 4.6 4.3
Trading Platform 3.5 2.9
Customer Service 4.0 3.2
Research Capabilities 2.9 2.1
Overall Ratings Rated 4.1 stars Rated 3.3 stars
Broker Rating SAS Online is rated 4.1 of 5 based on 79 customer reviews Prostocks is rated 3.3 of 5 based on 39 customer reviews

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Contact Broker / Request A Call Back

  SAS Online Enquire Prostocks Enquire
Contact Broker Pay Rs 999 per month for unlimited trading or flat Rs 9 per Trade. Open Instant Demat Account and start trading today. Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.

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SAS Online Vs Prostocks Investment Options

  SAS Online Prostocks
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options

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SAS Online Vs Prostocks Order Type Offered

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

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SAS Online Vs Prostocks Research Report

  SAS Online Prostocks
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 Prostocks Suitable For Investor Type

  SAS Online Prostocks
Casual Investor Yes
Active Investor Yes
Trader Yes Yes

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SAS Online Vs Prostocks - Pros and Cons

  SAS Online Prostocks
Pros
  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.
  • Cheapest flat fee broker in India. Offers Rs 899 unlimited equity and equity f&o trading and Rs 15 per trade plan.
  • Cover Order (CO) is available in unlimited monthly plan. Bracket order is coming soon.
  • Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 2 Pricing plans to choose from.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time Rs 1000 deposit. No account opening and no annual maintenance charges.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (Rs 10 per executed order) among all discount brokers. Other brokers charge minimum Rs 20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).
Cons
  • 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

ProStocks is among the most popular stock broker in India forĀ unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market.

ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds.

The Top 10 Reasons to Trade with ProStocks

Promo / Offers

SAS Online Special Offer

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.

Prostocks Special Offer

Unlimited Monthly Trading @ Rs 899

  • Monthly unlimited trading plan @ Rs 899.
  • Or Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • API for algo trading.

This is a limited-time offer. Open FREE Instant Demat Account and start trading today.

Open SAS Online AccountOpen Prostocks Account

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