SAS Online Intraday Trading – Benefits, Process, Charges, Margin & moreLast Updated Date: May 11, 2022
SAS Online is a New Delhi based financial trading and advisory provider. The company represents a new breed of brokerage houses. With a dedicated team of analysts and an arsenal of trading platforms for SAS Online Intraday Trading, the company is taking over the Indian stock trading industry.
It was initiated in the year 2013. And, the reasons for its establishment can well be accredited to Shrey Jain, Siddhant Jain and Anubha. All, the founders are young and enthusiastic, and this can be well seen within the company’s operations.
One of the most interesting facts about the company is its way of operations. The company leads from its head office in New Delhi. This is the only physical establishment it has. Rest of the advisory is provided to the clients through versatile online media.
The company claims to have over 30,000 clients in merely a span of 6 years. In this article, we’ve outlined the map to begin trading with SAS Online Intraday, its benefits, types margin and much more.
SAS Online Intraday Trading & Benefits
SAS Online is a company with a motto ‘By Traders, For Traders’. They understand the complexities involved in Intraday Trading. And, that’s exactly why they’ve taken numerous measures to ensure the convenience of the traders.
In fact, we’ve enlisted all the major reasons why one should initiate Intraday Trading with them. And, the list unfolds as follows:
- One of the major reasons to initiate with them is their past performance. The company started off in 2013 and has acquired over 30,000 clients in merely 6 years. And, the trust of its clients can only be justified by one fact. The company takes customer service very seriously.
- The company’s exceedingly well performance has even been acknowledged by market experts. They even won the NDSL Best Performer Award in 2015.
- The company has a very unique brokerage. They incur a charge of Rs.9 per trade irrespective of the amount involved in it. This allows the customers to save a lot on the brokerage as profit.
- They provide free Trading Account opening service. Moreover, the account holders are even relieved from paying any sort of AMC.
- The company has membership licences with most reputable national exchanges. We’re referring to BSE, NSE, NCDEX and MCX. This allows the traders to access wide variety of stocks at will.
- The company has a dedicated team of analysts. This allows them to provide on time and updated market research to the customers. In fact, they even provide special research reports on demand of the customers under special circumstances. The reports may or may not include SAS Online Intraday Tips, Fundamental Reports and more.
- This company even allocates a dedicated Relationship Manager for the customers. This enables then to respond swiftly in times of any trouble.
Open SAS Online Trading Account Now! – Fill up the Form
How to do Intraday Trading in SAS Online?
Unlike the case with most brokerage, Intraday Trading in SAS Online is a piece of cake. In fact, being one of the best discount brokers of the nation, SAS Online is even easier to access. Anyway, here’s a detailed process of how to initiate Intraday Trading with them:
- It basically is a four step process. And, the first step is the most crucial of them all. For this, you must acquire one of the company’s Intraday Trading Account. And, it can easily be done by following some of our other blogs. And, by doing so, you’ll acquire the account specific login credentials to the company’s Trading Account.
- In case, you already have a Trading Account, you must move ahead to the second step. This requires you to log in to the account. And, for this you may bring into use any of the platforms provided by the company. Use the login credentials granted to you by the company to do so. However, it is advised that you change the default password after you first login. This is necessary to secure the transactions of your account.
- It’s time to begin the 3rd step, now that you’re inside the trading account. Your job here is to create a specific watchlist. The watchlist must contain all the stocks you want to trade in. This segregates the preferred stocks from the rest. And, it even allows for easier monitoring of the shares.
- The last step is to commence the trade. For this part, go to the ‘Buy / Sell’ segment within the trading account and select the shares to trade. You must always check on the ‘Intraday Trading’ button before making the trade.
Know more about other Intraday Trading Brokers
SAS Online Intraday Charges
As mentioned above, SAS Online Intraday brokerage is charged at a fixed price of Rs.9 per trade. Nonetheless, there are other charges involved within the overall brokerage. And, SAS Online Intraday Charges can be broken down into:
- A brokerage of Rs. 9 per trade.
- A Securities Transaction Tax or simply STT of 0.0126% worth the total turnover.
- A Transaction Charge worth 0.00300%. It is to be paid over the Total Turnover Amount.
- A SEBI Turnover Fee worth 0.0002% ofTotal Turnover volume.
- 18% GST over the sum of Transaction Charge and Brokerage Fee.
- And, a certain amount to justify the Stamp Duty as applicable per the state within which the trade is commenced.
|SAS Online Intraday Charges|
|Intraday Brokerage Charge||Rs.9 per trade|
|Intraday Brokerage Calculator||SAS Online Brokerage Calculator|
Now, understand this in a simpler way. Irrespective of the number of shares you deal in, and whatever the turnover would account to, you only have to pay a constant charge of Rs.9 as brokerage.
The company charges a flat rate, and this exactly where you shall be at profit in case you trade in high volume of shares. This is a great advantage with the discount brokers, and you can avail it at the best with this stock broker.
SAS Online Intraday Margin
Trade Margin is the additional amount of shares that can be bought by a client through brokerage firm’s support. It can simply be considered as a loan that the brokerage house grants. The amount must be paid back and with proper interest.
|SAS Online Intraday Exposure|
|Intraday Margin Funding||13x to 20x with CO (Intraday), 5x to 9x for MIS (Intraday)|
|Intraday Margin Calculator||SAS Online Margin Calculator|
The usual industry trend pertaining to this service ranges between 5x to 20x. However, you only get the industry standard exposure with SAS Online Intraday Margin.
However, we’d suggest you to go through the terms of using this service before availing it. This will save you from any unnecessary surprises that can cause a potential dent in your account.
Find out Intraday Trading Details of other Stock Brokers
SAS Online Trading – Types
All of SAS Online Trading services can only be categorized under one type. We’re referring to SAS Online trading facilities. The company has all sorts of online trading platforms to offer.
They have desktop, web and mobile based trading terminal softwares. And, all of these softwares are compatible with Windows, Mac, Android and iOS compatible. Thus, they all come with great ease of access.
SAS Online Intraday Trading – Conclusion
SAS Online Intraday Trading can be regarded as one of the best service from a well established discount broker. And, we certainly have mixed feelings about them. They do have some great online trading facilities.
However, they totally lack offline advisory. Moreover, they do not even grant a huge trading margin. The brokerage is also charged at a fixed price nonetheless, this is a perk while commencing huge amounts of trade.
SAS Online Intraday Trading FAQs
Ques – Is Intraday Trading safe in SAS Online?
Answer – Yes, intraday trading is completely safe at SAS Online. The trustworthy brokerage house has served over 30,000 clients in a span of mere 6 years. With a dedicated team of analysts and an arsenal of trading platforms for SAS Online Intraday Trading, it is a reliable option for traders.
Ques – What is Intraday Exposure at SAS Online?
Answer – Clients get 13x to 20x with CO (Intraday), 5x to 9x for MIS (Intraday) worth SAS Online Intraday exposure. This is a great range of exposure this stcok broker provides to its clients. Make sure you are well read of the terms and conditions before availing the facility.
Ques – What are Intraday Charges in SAS Online?
Answer – Brokerage is charged at Rs.9 per trade. Other charges are STT worth 0.0126% of total turnover, Transaction Charge worth 0.00300% of Total Turnover, SEBI Turnover Fee worth 0.0002% of Total Turnover, 18% GST over the sum of Transaction Charge and Brokerage Fee and Stamp Duty as per the state.
Ques – How to do Day Trading in SAS Online?
Answer – Create an Intraday Trading Account with the company. Log in to the account. Create a specific watchlist containing the stocks you want to trade in. Go to the ‘Buy / Sell’ segment within the trading account and select the shares to trade. Check on the ‘Intraday Trading’ button before making the trade.
Ques – Does SAS Online provides Day Trading?
Answer – Yes, SAS Online does provide day trading. SAS Online is a company with a motto ‘By Traders, For Traders’. They understand the complexities involved in Intraday Trading and make it easy, affordable and profitable for clients to carry out day trading.
Ques – Is Intraday Trading Free in SAS Online?
Answer – No, intraday trading is not free in SAS Online. However, the fees charged by the company for intraday trading are affordable and makes it reasonable for traders to buy and sell stock while helping them save their money and enhancing their profitability.
Ques – Does SAS Online has App for Intraday?
Answer – Yes, SAS Online does have an app for intraday trading. This app is compatible for both Android and iOS platforms, and is known as the ‘Alpha’ app. It is a lightweight, fast, and intuitive trading platform, meant to allow clients to be able to trade on the go.
Ques – Is Intraday Profitable at SAS Online?
Answer – Yes, Intraday trading is profitable at SAS Online. Being a discount brokerage house, they offer the lowest charges. Moreover, with recommendations, facilities and benefits offered by their team of experts, clients have higher chances of profits.
Ques – Do SAS Online provide Intraday Tips?
Answer – Yes, SAS Online does provide Intraday tips. The company has a dedicated team of analysts. This allows them to provide on time and updated market research to the customers. In fact, they even provide special research reports on demand of the customers under special circumstances.
Ques – What is SAS Online Intraday mean?
Answer – Intraday trading is a type of trading in which traders are expected to buy and sell shares within the same day, SAS Online is a popular brokerage house in the nation that offers the service of easy and profitable intraday trading to its clients with the most advanced trading platforms.
Open SAS Online Trading Account Now! – Fill up the Form
Know in detail about Intraday Trading of other brokers
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