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SAS Online Stock Trading, Demat, Brokerage and Reviews 2019


-0.49% 12,384 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 April 2018, they have 20000+ clients spread across 750+ cities of India. They are doing a daily average turnover of Rs 7000+ Cr, contributing to over 1% of the total Indian market turnover with an average of 60000 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 Ratings

Overall Rating Rated 3.9 stars 3.9/5
Fees Rated 4.3 stars 4.3/5
Brokerage Rated 4.6 stars 4.6/5
Usability Rated 3.3 stars 3.3/5
Customer Service Rated 3.8 stars 3.8/5

Based on 57 Votes by SAS Online Customers

Do you trade with SAS Online? Rate SAS Online

Information about SAS Online account opening, SAS Online open account, SAS Online opening charges, SAS Online account opening charges, SAS Online account opening status, SAS Online amc charges, SAS Online account charges, SAS Online account closure


SAS Online's Trading Platforms

A client can trade with SAS Online in following 2 ways:

  1. NEST Trader - This is a fully functional trading terminal allowing fast execution of orders with real time monitoring. This easy to use trading terminal is available to all its customer for free. Can trade all segments and exchanges on a single platform. Available in desktop, web and mobile versions.
  2. NOW Trader - Free software provided by NSE. Can trade Equity (NSE & BSE), Derivatives, Currency on the platform. Available in desktop, web and mobile versions.

Read SAS Online Trading Software Review for info about SAS Online platform, SAS Online trading platform, SAS Online trading software, SAS Online trading demo, SAS Online Demo, SAS Online download, SAS Online software download, SAS Online software, SAS Online stop loss, SAS Online trading and SAS Online trading account.


Account Types

SASOnline 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.

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SAS Online Brokerage Charges 2019

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 15 Rs/Crore 15 Rs/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 250/crore Rs 6500/crore on premium turnover
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges 15 Rs/Crore 15 Rs/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 165/crore Rs 6000/crore on premium turnover
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges 15 Rs/Crore 15 Rs/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 Rs 310/crore
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge)
SEBI Charges 15 Rs/Crore
Stamp Charges Rs 100/Crore

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 15 per Crore.
  • Transaction or Turnover Charges: This is charged at Rs 325/crore for Equity, Rs 250/crore for Futures, Rs 6000/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

Check out SAS Online Brokerage Charges, Fees, AMC, Transaction Charges. Get detail about SAS Online pricing, SAS Online brokerage calculater, SAS Online brokerage, SAS Online plans, SAS Online brokerage review, SAS Online brokerage plans, SAS Online fund transfer, SAS Online intraday brokerage, SAS Online charges, SAS Online charge list, SAS Online charges calculator, SAS Online prepaid brokerage plans, SAS Online yearly charges, SAS Online fees, SAS Online yearly maintenance charge, SAS Online option brokerage and SAS Online trading charges.


How to open account with SAS Online?

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

Read SAS Online Account Opening Process Review to find information about SAS Online broker, SAS Online branches, SAS Online sub broker, SAS Online support, SAS Online customer care, SAS Online user reviews, SAS Online user manual, SAS Online website, SAS Online review and SAS Online toll free number

Contact SAS Online / Request Call Back

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SAS Online Pros and Cons

SAS Online Advantages

  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 from 20% to 50% of the brokerage paid by them.
  7. Trading application (ALPHA Web) is available for operating system Mac and Linux.

SAS Online Disadvantages

  • SASOnline doesn't offer 3-in-1 account as the company doesn't offer banking services.
  • SASOnline 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.

SAS Online Exposure Margin

SAS Online leverage for intraday, delivery, options, currency and commodities. Read SAS Online exposure limit review.

SegmentExposure Margin
Equity Delivery1x (no margin)
Equity Intraday13x to 20x with CO (Intraday), 5x to 9x for MIS (Intraday)
Equity Future5x with CO (Intraday), 2x for MIS (Intraday)
Equity Options2x for selling 100% premium amount for buying
Currency Future2x trading margin
Currency Options2x for selling 100% premium amount for buying
Commodity FutureNA
Commodity Options

SAS Online Complaints received at BSE/NSE

Number of customer complained against SAS Online share broker. The SAS Online consumer complaints provide the summary of grievance which went to exchange for resolution.

SAS Online Customer Complaints

Exchange Financial Year Number of Clients * Total Complaints **
NSE 2019-20 12,384 1
NSE 2018-19 12,445 11
NSE 2017-18 11,869 6
NSE 2016-17 9,384 5
NSE 2015-16 6,436 8
NSE 2014-15 4,091 9
NSE 2013-14 1,933 1

* Number of active customers. As per SEBI guidelines each broker reports the detail of active clients to the exchange through unique client code (ucc) process every month.

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

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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.


27 Comments

avatar
27. N Chaudhury  May 11, 2019 11:06 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
avatar
26. SAS User Delhi  Jul 5, 2018 09:53 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....
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25. ambdas  Jul 4, 2018 20:48 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?
avatar
24. KODANDARAM DANTU  Mar 24, 2018 23:50 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
avatar
23. mohsinkhan  May 25, 2017 03:21 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.
avatar
22. Satish  Mar 21, 2017 07:53 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
avatar
21. sekar  Mar 15, 2017 14:48 Reply
Are they registered traders in NSE & BSE?
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20. mukul  Oct 31, 2016 12:49 Reply
Customers service and security is not so good. Only one positive side is attractive brokerage plan.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Average
avatar
20.1. AMIT KHURANA  Nov 29, 2016 12:38
Reader,
Due to careless mistake fo SAS online , where they had not updated my account shared with them in first week fo October despite multiple emails...
ac was not updated for my DP leading below dividends not credited in my account;

This is unprofessional and very careless from SAS online...
My estimate for my loss of around 2500/- due to the same for below dividends which are not credited in my account.

please help on same so that it gets resolved; i do not want to chase companies for error of SAS online so ideally SAS online should help or credit from its own account..

i do not pay for brokerage and services due to these kind fo errors.

Dividend scripts are as below:

Hexaware Tech      Interim      50      25-10-2016      07-11-2016      04-11-2016
Granules India      Interim      20      25-10-2016      05-11-2016      03-11-2016
SQS India BFSI      Interim      40      21-10-2016      04-11-2016      03-11-2016
Indiabulls Hsg      Interim      450      21-10-2016      03-11-2016      02-11-2016
Mindtree      Interim      30      30-09-2016      01-11-2016      28-10-2016
TCS      Interim      650      13-10-2016      25-10-2016      24-10-2016
Infosys      Interim      220      16-09-2016      24-10-2016      21-10-2016
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19. Rajesh Bhowmik  Oct 7, 2016 19:09 Reply
WTF...........I have already sent all my docs for opening an account...its my mistake i have not go through these all before...i was attracted only by their brokerage rate...if i will not get satisfactory result ...i will not entertain them..
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18. Rajiv  Sep 23, 2016 09:55 Reply
SAS is the worst broker I have ever come across. They randomly just disable trading in any scrip without informing you. Some IPOs are allowed to be traded in pre-open, some are not and there is no way to find out what they will do next. They are just whimsical.

When you call the customer care they behave as if they are the kings of the world and the response I got from one senior representative was "f*** your money".

I''''ll really suggest to go with any other broker but SAS.
avatar
17. Kulkarni P A  Aug 25, 2016 10:35 Reply
GOod:
Customer service: both accessibility and response is good.
Brokerage Plans are very competitive.

Poor:
Lack of availability of charts in Nest.

Suggestion:
Good charts with technical studies and tools should be incorporated in Nest.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Below Average
Customer Service - Above Average
Overall Experience - Above Average
avatar
16. Kshitij Shah  Aug 24, 2016 09:23 Reply
Company has a 3rd class risk management system. They are not allowing option trading even if its Nifty 50 stock with At the Money strike price if total trade volume of that day in the market is less than 25 ( approx). So evenif you have sufficient funds to place in margin, you will have to wait till some one else place the orders first. That also means that (1) you can not trade at the opening of the market because at that time volume in option contract of that day is Zero. (2) You can not trade in the Options with strike price having far distance from spot price. That means you will face restrictions in hedging and you can not apply certain option strategies. (3) You should keep other broker in spare who allows you to trade without such restriction and can not keep only one trading account with SAS Online.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Above Average
Overall Experience - Very Poor
avatar
15. Saikat  Jul 13, 2016 21:52 Reply
Very cost effective. Customer service is great. Website is poor. Lot of information come as surprise while use. E.g. if you need to transfer money through IMPS from your bank to trading account you need to share your transaction details with SAS where as for NEFT its not required

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Average
Customer Service - Excellent
Overall Experience - Above Average
avatar
14. Palash Das  Apr 27, 2016 19:41 Reply
Most bad experience with SAS is they only think about their profit at all aspect not customer friendly. Their equity plus policy & ledge against stock is very bad for customer..only for their profit..

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Below Average
Customer Service - Average
Overall Experience - Below Average
avatar
13. Araf ansari  Apr 13, 2016 22:35 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
avatar
12. aditya  Mar 13, 2016 20:05 Reply
Does sas online provide margin trading for delivery
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11. Karan  Feb 16, 2016 08:57 Reply
Customer service is very bad. your holdings are not transferred to your DP account on time... and when you try to sell you will land up in trouble ... They are the best only in brokerage... most of customer service representative don''t understand the market terminologies. instead blocking short sale on certain script they blocked day trading ... if you buy then you are forced to take delivery of the stock, you can''t sell on the same day.. and you will be unhappy to see worst reasoning for that (SEBI charges for intraday is high ... they don''t which is common to all the category script even A category script)
avatar
10. Karan  Feb 12, 2016 11:05 Reply
if the customer service is bad then it is high risk even though they are best when it comes to brokerage. if you don''t get on time support to sell or buy then you might miss money making opportunity. so SAS is good only for brokerage!!

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
9. Hitesh  Jan 19, 2016 08:00 Reply
How much time do you take to open demat and trading account after receiving of documents.
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8. Rajiv  Jan 6, 2016 09:50 Reply
Do not go for SAS. It''s the most unclear and confused brokerage. It never communicates anything with clarity, and then you are stuck.

It''s good with charges, but I doubt they are clear with that too. I am guessing they will also charge AMC even though they say it''s NIL.

Worst customer service ever.

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