SAS Online Vs Upstox (Compare SAS Online and Upstox)

SAS Online Vs Upstox

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 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

	SAS Online	Upstox
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	NSE, BSE and MCX	BSE, NSE, MCX
Year of Incorporation	2013	2012
Number of Branches	1	4
	Open SAS Online Account	Open Upstox Account

SAS Online Vs Upstox Charges & AMC

SAS Online trading account opening charges is Rs 200 while Upstox account opening changes is Rs 249. SAS Online Demat Account AMC Charges is Rs 200 and Upstox Demat Account AMC Charges is Rs 300.

	SAS Online	Upstox
Trading Account Opening Charges	Rs 200	Rs 249
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 300

SAS Online Vs Upstox Brokerage

SAS Online brokerage charges for equity is Rs 0 and intraday is Rs 0 whereas Upstox brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or 0.05% whichever is lower.

	SAS Online	Upstox
Account Type	Rs 999 Equity Plan - Unlimited Trading	Default
Fixed Charges	Rs 999	NA
Equity Delivery	Rs 0	Rs 0 (Free)
Equity Intraday	Rs 0	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 0	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 0	Rs 20 per executed order
Currency Futures	NA	Rs 20 per executed order or 0.05% whichever is lower
Currency Options	NA	Rs 20 per executed order
Commodity Futures	NA	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	NA	Rs 20 per executed order
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: 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 online and start trading today.

SAS Online Vs Upstox Brokerage Plan 2

	SAS Online	Upstox
Account Type	Rs 999 MCX Plan - Unlimited Trading	Default
Fixed Charges	Rs 999	NA
Equity Delivery	NA	Rs 0 (Free)
Equity Intraday	NA	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	NA	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	NA	Rs 20 per executed order
Currency Futures	NA	Rs 20 per executed order or 0.05% whichever is lower
Currency Options	NA	Rs 20 per executed order
Commodity Futures	Rs 0	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	Rs 0	Rs 20 per executed order
	Open SAS Online Account	Open Upstox Account

SAS Online Vs Upstox Brokerage Plan 3

	SAS Online	Upstox
Account Type	Flat Fee Plan	Default
Fixed Charges	Rs 999	NA
Equity Delivery	Rs 9 per executed order	Rs 0 (Free)
Equity Intraday	Rs 9 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 9 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 9 per executed order	Rs 20 per executed order
Currency Futures	Rs 9 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Rs 9 per executed order	Rs 20 per executed order
Commodity Futures	NA	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	NA	Rs 20 per executed order
	Open SAS Online Account	Open Upstox Account

SAS Online Charges Vs Upstox

Minimum Brokerage	Rs 0	0.05%
Other Charges	0.01% or Rs 9 per executed order, whichever is lower	Auto Square-off Charges: Rs 50
Call & Trade Charges	Rs 20 per trader	Rs 20 per trade

SAS Online Vs Upstox Transaction Charges

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

	SAS Online	Upstox
Equity Delivery	0.00325% (Rs 325/crore)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	0.00325% (Rs 325/crore)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	0.0022% (Rs 220/crore)	NSE Rs 200 per Cr (0.002%)
Equity Options	0.055% (Rs 5500/crore) on premium	NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures	0.0012% (Rs 120/crore)	NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%)
Currency Options	0.045% (Rs 4500/crore) on premium	NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium)
Commodity	Non-Agri: 0.0036% (Rs 360/crore)	Group A - Rs 290 per Cr (0.0029%)
	Open SAS Online Account	Open Upstox Account

SAS Online Vs Upstox Leverage (Margin)

SAS Online margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Upstox margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	SAS Online	Upstox
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Open SAS Online Account	Open Upstox Account

Compare SAS Online and Upstox Features

The trading platforms offered SAS Online include ALPHA Web, ALPHA Trader and ALPHA Mobile (Omnesys NEST). Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

	SAS Online	Upstox
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ALPHA Web, ALPHA Trader and ALPHA Mobile (Omnesys NEST)	Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time		3:00 PM
Other Features		Option strategy builder
Referral Program
	Open SAS Online Account	Open Upstox Account

SAS Online Vs Upstox Review

SAS Online is rated 4.1 of 5 based on 74 customer reviews whereas Upstox is rated 2.4 of 5 based on 118 customer reviews.

	SAS Online	Upstox
	74 Customer Reviews	118 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SAS Online is rated 4.1 of 5 based on 74 customer reviews	Upstox is rated 2.4 of 5 based on 118 customer reviews

SAS Online Vs Upstox Investment Options

	SAS Online	Upstox
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

SAS Online Vs Upstox Order Type Offered

	SAS Online	Upstox
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open SAS Online Account	Open Upstox Account

SAS Online Vs Upstox Research Report

	SAS Online	Upstox
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

SAS Online Vs Upstox Suitable For Investor Type

	SAS Online	Upstox
Casual Investor
Active Investor
Trader

SAS Online Vs Upstox - Pros and Cons

	SAS Online	Upstox
Pros	Discount stock broker with flat rate and fixed monthly unlimited trading plans. Monthly unlimited trading plans available for trading at NSE, BSE and MCX. Software's including web, mobile and installable trading terminals are available for free.	Zero account opening fee. Zero brokerage for trading in Equity Delivery (Cash & Carry). Zero brokerage for Mutual Fund and digital gold investment. Flat Rs 20 per trade brokerage for all other segments. Offer direct mutual funds. Free trading software for mobile and web browsers. One app for trading in equity, currency, and commodity. Margin Against Share is available Online IPO, FPO, Bonds, and NCD's are available.
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.	No margin funding. It does not offer the 'Good Till Canceled (GTC) order type. It does not offer BTST facility. Unlimited monthly plans not available. No stock tips or recommendations. It charges an additional fee for call & trade. It charges an additional fee of Rs 50 for auto-square-off done by the broker. Higher demat debit transaction charges. Upstox doesn't offer NRI Trading and Demat Account. Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
Reviews
Promo / Offers	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.	Free Equity Delivery Trading & Mutual Funds Pay Rs 0 Brokerage for Equity Delivery, Mutual Funds, and Digital Gold. Pay flat Rs 20 for Intra-day and F&O Trades. Trade with the best trading platform. It is a limited-time offer. Open Instant Account online and start trading the same day.
	Open SAS Online Account	Open Upstox Account