Zerodha Vs SAS Online Share Broker Comparison
The side-by-side comparison of Zerodha and SAS Online stock brokers in India. The comparison below highlights the similarities and differences between Zerodha and SAS Online's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Zerodha and SAS Online.
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Zerodha |
SAS Online |
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| About the Broker |
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh...  |
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 s... |
Type of Broker
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Discount Broker |
Discount Broker |
| Supported Exchnage
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NSE, BSE, MCX and NCDEX |
NSE, BSE and MCX |
| Account Type
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Standard Plan |
Rs 9 per trade Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Zerodha |
SAS Online |
| Trading Account Opening Fees
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₹300 |
Rs 200 |
| Trading Account AMC
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₹0 (Free) |
Nil |
| Demat Account Opening Fees
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₹100 |
Rs 200 |
| Demat Account AMC
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₹300 |
Rs 200 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Zerodha |
SAS Online |
| Account Type |
Standard Plan |
Rs 9 per trade Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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₹0 (Free) |
Rs 9 |
| Equity Intraday Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 9 |
| Equity Futures Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 9 |
| Equity Options Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 9 |
| Currency Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 9 |
| Currency Options Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 9 |
| Commodity Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 9 |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Zerodha |
SAS Online |
| Account Type |
Standard Plan |
Rs 999 MCX Plan |
| Fixed Charges
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Rs 999 |
| Equity Delivery Brokerage
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₹0 (Free) |
Rs 0 |
| Equity Intraday Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Equity Futures Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Equity Options Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Currency Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Currency Options Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Commodity Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Commodity Options Trading Brokerage
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Brokerage Plan 3
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Zerodha |
SAS Online |
| Account Type |
Standard Plan |
Rs 999 Equity Plan |
| Fixed Charges
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Rs 999 |
| Equity Delivery Brokerage
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₹0 (Free) |
Rs 0 |
| Equity Intraday Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Equity Futures Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Equity Options Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Currency Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Currency Options Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Commodity Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹0 |
NIL |
| Other Brokerage Charges
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Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS |
0.01% or Rs. 9 per executed order, whichever is lower |
| Call & Trade Charges
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₹20 per executed order |
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Taxes
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Zerodha |
SAS Online |
| Securities Transaction Tax (STT)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Zerodha |
SAS Online |
| Equity Delivery
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NSE ₹325 per crore | BSE ₹1 per trade (each side) |
NSE: 0.00325% | BSE: 0.00325% |
| Equity Intraday
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NSE ₹325 per crore | BSE ₹1 per trade (each side) |
NSE: 0.00325% | BSE: 0.00325% |
| Equity Futures
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NSE ₹210 per crore | BSE ₹1 per trade (each side) |
NSE: 0.0025% |
| Equity Options
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NSE ₹5300 per crore | BSE ₹1 per trade (each side) |
NSE: 0.065% (on premium) |
| Currency Futures
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NSE ₹135 per crore (0.00135%) |
NSE: 0.00165% |
| Currency Options
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NSE ₹4400 (on premium) per crore (0.044%) |
NSE: 0.06% |
| Commodity
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Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore |
Non-Agri: 0.0031% |
Exposure
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Zerodha |
SAS Online |
| Equity Delivery
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1x (no margin) |
1x (no margin) |
| Equity Intraday
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Up to 20x (based on the stock) |
"13x to 20x with CO (Intraday) 5x to 9x for MIS (Intraday)" |
| Equity Futures
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
"5x with CO (Intraday) 2x for MIS (Intraday)" |
| Equity Options
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
"2x for selling 100% premium amount for buying" |
| Currency Futures
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
2x trading margin |
| Currency Options
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
"2x for selling 100% premium amount for buying" |
| Commodity
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
NA |
Share Broker Features
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Zerodha |
SAS Online |
| 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
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Kite Web, Kite Android/iOS, Pi, Coin |
NEST, NOW |
| Intraday Square-off Time
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3:10 PM |
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| Other Features
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Direct Mutual Funds |
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Broker Ratings (Average User Rating)
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Zerodha |
SAS Online |
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327 Customer Reviews  |
54 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Zerodha is Rated 3.8 / 5 based on 327 customer reviews |
SAS Online is Rated 3.9 / 5 based on 54 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Zerodha |
SAS Online |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Zerodha |
SAS Online |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Zerodha |
SAS Online |
| 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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Research / Tips / Reports Published
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Zerodha |
SAS Online |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Zerodha |
SAS Online |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Zerodha |
SAS Online |
| Pros
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- Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
- Excellent trading platforms made available for free to all its customers.
- Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
- Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
- 10% referral credit for reffering new customers.
- Direct Mutual Fund Investment is available.
- Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.
More Advantages... |
- Margin against shares is available.
- 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.
More Advantages... |
| Cons
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- Doesn't provide stock tips, research reports or recommendations.
- Call & Trade is charged at extra Rs 20 order.
- Doesn't provide options to invest in IPO, Bond and NCD's public offers.
- Margin funding is not available.
- GTC/GTD not available in Equity.
More Disadvantages... |
- 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.
More Disadvantages... |
| Reviews
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Useful Articles about Zerodha:
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| Promo / Offers
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Truly free equity delivery trading
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
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Enquire about Zerodha
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Enquire about SAS Online
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Zerodha
Zero Account Opening Fee