SAS Online Stock Trading, Demat, Brokerage and Reviews 2021


6.7% 19,076 Clients

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.

Like most discount brokers, brokerage services are offered to clients from 1 centralized office located in Delhi. The way that is possible is by leveraging technology thereby saving on real estate, HR and other operational costs which are passed onto the client in the form of their deep discount brokerage plans. They have no account minimums or hidden costs, which translates into lower costs and hassle free trading.

SAS Online Special 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.


Account Types

SAS Online offers 4 different plans to suite your trading needs:

  1. Rs 9 per trade Plan

    This SAS Online trading plan offers trading at flat Rs 9 per trade irrespective to the size of the trade. The brokerage is charged as Rs 9 per executed order or 0.01% whichever is lower. Trading is available at BSE, NSE and MCX stock exchanges in equity, commodities and currency derivative segments.

  2. Rs 999 MCX Plan

    This trading plan offers unlimited monthly trading in commodities at MCX stock exchange for flat Rs 999 per month.

  3. Rs 999 Equity Plan

    This SASOnline plan offers unlimited trading in equity segment for flat Rs 999 per month. Trading under this plan is available at BSE Cash, NSE Cash and NSE F&O segment.

  4. Rs 499 Currency Plan

    This plan offers unlimited trading in currency derivatives segment at NSE for flat Rs 499 per month.


SAS Online Charges 2021

SAS Online Charges EQUITY Delivery EQUITY Intraday
Brokerage (Rs 999 MCX Plan / Rs 999 Equity Plan / Rs 499 Currency Plan) Rs 0 Rs 0
Brokerage (Rs 9 per trade Plan) 0.1% or Rs 9/Trade whichever is lower 0.01% or Rs 9/Trade whichever is lower
STT 0.1% on both Buy and Sell 0.025% on the Sell Side
Transaction / Turnover Charges Rs 325/crore Rs 325/crore
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges Rs 5/Crore Rs 5/Crore
Stamp Duty * *
SAS Online Charges Futures Options
Brokerage (Rs 999 MCX Plan / Rs 999 Equity Plan / Rs 499 Currency Plan) Rs 0 Rs 0
Brokerage (Rs 9 per trade Plan) 0.1% or Rs 9/Trade whichever is lower Rs 9/trade
STT 0.01% on Sell Side 0.05% on Sell Side(on Premium)
Transaction / Turnover Charges Rs 220/crore Rs 5500/crore on premium turnover
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges Rs 5/Crore Rs 5/Crore
Stamp Charges * *
SAS Online Charges Currency Futures Currency Options
Brokerage (Rs 999 MCX Plan / Rs 999 Equity Plan / Rs 499 Currency Plan) Rs 0 Rs 0
Brokerage (Rs 9 per trade Plan) 0.1% or Rs 9/Trade whichever is lower Rs 9/trade
STT No STT No STT
Transaction / Turnover Charges Rs 120/crore Rs 5500/crore on premium turnover
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges Rs 5/Crore Rs 5/Crore
Stamp Charges * *
SAS Online Charges Commodity Futures
Brokerage (Rs 999 MCX Plan / Rs 999 Equity Plan / Rs 499 Currency Plan) Rs 0
Brokerage (Rs 9 per trade Plan) 0.1% or Rs 9/Trade whichever is lower
CTT 0.01% on Sell Side (Non-Agri)
Transaction / Turnover Charges Non-Agri: Rs 360/crore
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge)
SEBI Charges Rs 5/Crore
Stamp Charges Rs 100/Crore

* stamp duty is charged based on the state.

SAS Online Charge Structure Explanation:

  • STT: This is charged only on the sell side for intraday and F&O trades. It is charged on both sides for Delivery trades in Equity.
  • Stamp Duty: Charges based on the state the customer is located in.
  • Goods and Services Tax (GST): This is charged at 18% of the total cost of brokerage plus transaction charges.
  • SEBI Turnover Fees: This is charged at Rs 5 per Crore.
  • Transaction or Turnover Charges: This is charged at Rs 325/crore for Equity, Rs 220/crore for Futures, Rs 5500/crore on premium for options.

SAS Online Demat Account Charges

IDTransactionDemat Charges
1 Demat Account opening charges Rs 200
2 Annual Maintenance charges (AMC) For Individual- Rs 200
For Non Individual- Rs 500
3 Transaction charges (Debit) Rs 9 per debit instruction + depository charges at actual
4 Pledge Creation Charges Rs50 per transaction
5 Pledge Creation confirmation Nil
6 Pledge Closure / Closure confirmation Nil
7 Pledge Invocation Rs 50 per Transaction
8 Dematerialization Charges Rs 2 per certificate + courier charges of Rs 35 per demat request for every 500 grams
9 Rematerialization Charges Rs 25 per certificate or 0.05% of the value whichever is higher + Depository charges at actuals
10 SLB Charges Rs 25 for Security Lending & Borrowing + Depository charges separately
11 Failed or Rejected Transactions Rs 30 per transaction
12 Demat Rejection Charges Rs 35 per rejection for every 500 grams

Visit SAS Online Brokerage Charges Review for more detail.

Special Offer: Pay Rs 999 per month for unlimited trading or flat Rs 9 per Trade. Open Instant Demat Account and start trading today.

SAS Online Online Account Opening

For online trading with SAS Online, investor has to open an account. Following are the ways to open an account with SAS Online


SAS Online Trading Software (SAS Online Trading Platforms)

SAS Online provides ALPHA online trading platform to its customers for trading at BSE, NSE, and MCX. ALPHA is a re-branded Omnesys NEST trading platform. Omnesys NEST is among the most popular, powerful and secure trading platform available in India.

This platform includes:

  1. ALPHA Trader

    This is an installable trading terminal designed for fast execution of orders with real-time monitoring. Build for the frequent trader, this easy to use the trading terminal is available to all the customers for free. ALPHA Trader offers to trade across all segments and exchanges.

  2. ALPHA Web

    This is a web browser-based trading website.

  3. ALPHA Mobile

    This is a smart phone-based trading app. It allowing customers to monitor quotes, analyze charts, place orders, trade stocks or check your positions - all in real-time. The mobile app is available for Android, Apple and Windows phones.

 

Visit SAS Online Trading Software Review for more detail.

SAS Online Pros and Cons


SAS Online Pros (Advantages)

The following are the advantages of SAS Online. You must read SAS Online advantages and disadvantages before opening an account with SAS Online. SAS Online pros and cons help you find if it suits your investment needs.

  1. Margin against shares is available.
  2. Margin funding is available though a product Equity Plus.
  3. Monthly unlimited trading plans available for trading at NSE, BSE and MCX.
  4. Trading Software's including website, mobile app and install-able 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 system Mac and Linux. Its is re-branded Omnesys NEST trading platform.

SAS Online Cons (Disadvantages)

The following are the cons of SAS Online. Check the list of SAS Online drawbacks.

  • SAS Online doesn't offer 3-in-1 account as the company doesn't offer banking services.
  • SAS Online doesn't offer facility to invest in IPO, FPO, Mutual Funds, FDs, NCDs and Offer For Sale (OFS).
  • Call & Trade is available at additional Rs 20 per executed order.
  • Good Till Cancelled (GTC) and Good Till Date/Time (GTD) is not available in Equity Segment.
  • SAS Back-office is not integrated for real time data with trading portal/terminal. Most data get updated on overnight basis.

Open Instant Account with SAS Online

SAS Online Margin Exposure

SAS Online margin for intraday trading is up to 6x based on the stock. SAS Online F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for SAS Online F&O carry forward positions and equity delivery trades.

SegmentMargin
Equity Delivery1x (no margin)
Equity IntradayUp to 6x (based on the stock)
Equity Futures & OptionsIntraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures & OptionsIntraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity FuturesIntraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)

Note: As per the new margin policy by SEBI, the margin for trading will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 20x in any segment at BSE, NSE, and MCX. All full-service and discount brokers will provide the same margin exposure to customers.


SAS Online Ratings

Overall Rating Rated 4.1 stars 4.1/5
Fees Rated 4.4 stars 4.4/5
Brokerage Rated 4.6 stars 4.6/5
Usability Rated 3.5 stars 3.5/5
Customer Service Rated 4.0 stars 4.0/5
Research Capabilities Rated 3.1 stars 3.1/5

Based on 74 Votes by SAS Online Customers

Do you trade with SAS Online? Rate SAS Online


SAS Online Complaint

The number of SAS Online customer complaint received by the exchanges. The SAS Online consumer complaint report helps understanding the South Asian Stocks Ltd quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2021-22 19,076 2 0.01%
NSE 2020-21 17,878 14 0.08%
NSE 2019-20 13,027 5 0.04%
NSE 2018-19 12,445 11 0.09%
NSE 2017-18 11,869 6 0.05%
NSE 2016-17 9,384 5 0.05%
NSE 2015-16 6,436 8 0.12%
NSE 2014-15 4,091 9 0.22%
NSE 2013-14 1,933 1 0.05%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit SAS Online Complaints at BSE, NSE and MCX for detail report.


SASOnline Milestones

Journey of SASOnline Discount Broker
Timeline Event
April 2013 SAS started offering discount brokerage services
Oct 2013 SAS reached first 1000 customers
March 2014 SAS reached 2500 customers. Team size of 15 people handling customers.
Oct 2014 SAS started offering Commodity Trading at MCX
March 2015 SAS reached 6000 customers. Team size increased to 35.
June 2015 SAS started offering Zero AMC Demat Accounts
Jan 2016 SAS's Daily Turnover reached Rs 4000 Cr with over 40,000 trading orders placed every-day.


38 Comments

Ganesh
38. Ganesh  Jul 7, 2021 13:28 I Like It. | Report Abuse Reply
Though they are good in brokerage charges and service.. They are not providing Python API for algo trade. Other brokers like Zerodha, Angel etc.. are providing Python API for algo..
when I ask to their customer care.. the answer is common "This is not permitted from our developer end" . Even they are not having any plan to publish it.. ridiculous!!!.
Vempati Venkateswara Rao
37. Vempati Venkateswara Rao  Jun 22, 2021 22:36 I Like It. | Report Abuse Reply
Good service, last 4 years I never face any problem with sas online


Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Above Average
Customer Service - Excellent
Overall Experience - Excellent
Harshit
36. Harshit  Jun 14, 2021 18:20 I Like It. | Report Abuse Reply
Client since last 7 to 8 years. Today I faced one of the most difficult times where there web portal and application went down for more than 2 hours during market hours. It was Monday and there was lot of volatility (the day when Adani Enterprise was down by 24% due to misleading information). This has been happening a lot recently during market hours and one email received after writing a complain saying that we regret the inconvenience caused which is not acceptable. Therefore a regular trader would miss opportunities or may make loss as well. So my advise would be to subscribe to a good broker who has a good IT setup and better application.
vijay subramanyam
35. vijay subramanyam  Jul 9, 2020 21:21 I Like It. | Report Abuse Reply
sas online lol they dont mention about cover order and bracket order . even in 999 package they will charge 18 rs for complete trade as bracket order charge and as usual taxes added, finally if you are a small day trader you will endup paying way more than zerodha or upstox and sometimes double the charges you pay in zerodha. i just eant to close the account the first day I activated it. its the worst I can come across . there are many issues and this is one amongthem , nowonder why they have so little clients and am sure they will surely get lesser and never more . seriously if you are small day trader please dont get trapped. if you still want to open its fine but please know the details before you open , if you are using co or bo please conform the extra charges you will end up paying. thgey wont mention anything in their webpage or the mail they send you but once you start trading your contract bill will give shock.
Mahesh
35.1. Mahesh  Mar 23, 2021 20:00 I Like It. | Report Abuse
Plz dont spread misinformation....you haven't read their website carefully...on pricing page it is clearly mention that whatever plan u choose...bracket and cover order are charged as 9rs/leg..i.e 18rs per trade.
krishna
35.2. krishna  Jun 9, 2021 20:20 I Like It. | Report Abuse
stop posting misleading information this is totally wrong guys don't believe it
Krishna Teja
34. Krishna Teja  Jun 9, 2021 20:17 I Like It. | Report Abuse Reply
I want to be honest with everyone, I have a lot of broking accounts such as Angle. Upstox, Trade Smart, Zerodha, Groww, and finally SAS. In all of these SAS is one of the best discount brokers in the market. They offer good service assistance within minutes like others do not provide such services. Moreover, they are providing a platform called Alpha Trader which is like AMIBROKER, and that too for free, and the only thing I don't like is their mobile platform because I get to use of Upstox platform which is why makes it difficult for me. In addition, they are providing nest trading that makes you trade easier and faster. All in all, SAS is the best broking platform if you are a full-time trader, I think you should open an account with SAS at the beginning it is new once you get used to it you love it
If you want to open an account, use my link, and please don't think it's a promotion. I am doing it myself, and it's a 100% honest review
Charges were
Plan1) charge *9/ trade*
Plan2) Unlimited plan is 999/ month
here is the link https://sasonline.in/?rid=NT158
Ravi
33. Ravi  Feb 13, 2021 13:25 I Like It. | Report Abuse Reply
I am using their trading platform since last 6 years. They are professional in their domain and offer quick services and they can beat other brokers in services.
Ajay
32. Ajay  Oct 10, 2020 00:34 I Like It. | Report Abuse Reply
Hi,
I am ajay and I have an account with SASONLINE since last 5 years and I am very happy with their services as they are never late in payment terms..we get our cash in T+0 days..which no broker can offer.. their brokerage is also very low.. before opening account with them I had several accounts with other brokers which I closed after opening account with sasonline.
SASONLINE keep up your work!!
Araf ansari
31. Araf ansari  Apr 13, 2016 22:35 I Like It. | Report Abuse Reply
The best broker out there if you want to trade on your own. I mean that if you don''t need advice to trade then this is the best broker becathey charge the lowest brokerage in the market.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent
Rajesh Vishwakarma
31.1. Rajesh Vishwakarma  Aug 23, 2020 01:40 I Like It. | Report Abuse
I want to open traiding ac
ram
30. ram  Aug 22, 2020 13:34 I Like It. | Report Abuse Reply
VERY GOOD CUSTOMER SUPPORT AND ONLINE CHAT SUPPORT.
GOOD TERMINAL ( NEED TO IMPROVE FAST ORDER PLACEMENT @ MKT OPENING HOURS LIKE 9:15:10 HRS.
BROKERAGE PLAN ALSO GOOD
IF THEY IMPROVE YOY THEN SAS WILL BE TOP MOST BROKERAGE IN INDIA.
Sahil Gupta
29. Sahil Gupta  Jun 18, 2020 17:47 I Like It. | Report Abuse Reply
It does not provide facility to apply for ipo on its platform it's a big disadvantage

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Research Capabilities - Very Poor
Customer Service - Above Average
Overall Experience - Above Average
SANDIP NANDI
28. SANDIP NANDI  May 14, 2020 10:59 I Like It. | Report Abuse Reply
NO BASKET ORDER FACILITY IN WEBSITE & ALPHA PLATFORM.

CUSTOMER SERVICE GOOD.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Average
Research Capabilities - Above Average
Customer Service - Excellent
Overall Experience - Above Average
Pushpendra Singh
27. Pushpendra Singh  Jan 4, 2020 16:18 I Like It. | Report Abuse Reply
Excellant software.No frills.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Average
Customer Service - Excellent
Overall Experience - Excellent
rakesh
26. rakesh  Aug 22, 2019 03:56 I Like It. | Report Abuse Reply
Customer Service is the worst in sas , they disconnect the call on face if you ask any questions looks they don't have time for the customer. And i mailed them for this and does'nt even get the reply. And desktop app is also not so good s the mobile one in comparision with upstocks and zerodha kite.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Below Average
Overall Experience - Average
N Chaudhury
25. N Chaudhury  May 11, 2019 11:06 I Like It. | Report Abuse Reply
Their customer care disappoints. Some of their customer care executives are egoist. Ways to improve customers experience and accepting better ideas are very alien to them. Typical "I know all and this is what it is" and "who cares about you" kind of attitude. I hope the management takes steps to get rid of this mindset and blockage in their path.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Below Average
Overall Experience - Average
SAS User Delhi
24. SAS User Delhi  Jul 5, 2018 09:53 I Like It. | Report Abuse Reply
Yes correct....nothing is working and no phone calls are being attended....If there is any technical problem, they should have informed us on mail or via sms how much time it will take to recover....
ambdas
23. ambdas  Jul 4, 2018 20:48 I Like It. | Report Abuse Reply
is sas online working ?
it is down since 7 pm today
all sofwares including mobile app is down
their website also down
whats happening?
KODANDARAM DANTU
22. KODANDARAM DANTU  Mar 24, 2018 23:50 I Like It. | Report Abuse Reply
NEED TO IMPROVE A LOT IN MOBILE TRADING SOFTWARE & ALPHA TRADER (PC SOFTWARE) AS WELL....ITS NOT THAT HOW MUCH LESS BROKERAGE YOU ARE CHARGING....ITS THE MATTER THAT HOW MUCH TRANSPARENT YOU ARE WITH YOUR CUSTOMER NEEDS..

MOBILE SOFTWARE JUST SHOWS MARKET TO MARKET PROFIT OR LOSS....BUT DOESN'T SHOW THE ACTUAL PROFIT OR LOSS OF A SPECIFIC SCRIP......MEANS NOT TOOOOO TRANSPARENT TO THEIR CUSTOMERS.....OR THEY DON'T WANT TO BE..

THE SOFTWARE ADOPTED BY SAS DON'T WANT TO SHOW WHETHER THEIR CUSTOMER IS REALLY IN PROFIT OR LOSS......IN-SPITE OF PROVOKING OR GIVING THEIR CUSTOMER A WRONG SIGNAL OR DIRECTION...BY SHOWING MTM PROFIT OR LOSS

I ALREADY COMPLAINED REGARDING THIS....IF IT TAKES TOO MUCH TIME ....I HAVE TO SHIFT MINE ...AS WELL MY REFERENCES TO SOME OTHER PERFECT BROKER.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Average
Customer Service - Above Average
Overall Experience - Average
mohsinkhan
21. mohsinkhan  May 25, 2017 03:21 I Like It. | Report Abuse Reply
alpha mobile application is very excellent,
but now launch two in one application,
equity & commodity ,
in one application each and everything,
so many brokers provides single application equity & commodity also,
now sasonline think about it.
Satish
20. Satish  Mar 21, 2017 07:53 I Like It. | Report Abuse Reply
SAS online is one of the biggest thug among Indian brokerages house . They say you that they do not take brokerage charges if you opt for Rs 999 plan and so you carry Excess jobbing but guys wait , have you checked their brokerage they charge you 5000 / crore to compared to other per crore . In future segments also they charge 500 rupees extra per crore while in equity nearly 900 rupees per core extra compared to other brokerage house .

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
sekar
19. sekar  Mar 15, 2017 14:48 I Like It. | Report Abuse Reply
Are they registered traders in NSE & BSE?

Are you a Zerodha Customer?








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