SAS Online commenced its operations in April 2013 and had merely 3 people on board – Shrey Jain, Siddhant Jain and Anubha. The organisation is said to have speedy and far reach since its very first year. The key for this vast network was their referral policy.
About SAS Online
SAS Online does an average turnover of INR 6,000 Crores. In 2015, it won NSDL Best Performer Award 2015-Rising DP’s for best DEMAT service provider. Its membership with MCX started in October 2014. Similar to other discount brokerage companies, even SAS Online provides DEMAT account at 0 cost since June 2015.
Open Demat Account with SAS Online
SAS ONLINE Brokerage CHARGES and Fees
SAS online serves trading at a flat fee of Rs. 9 for each order executed irrespective of the instrument i.e. whether equity or commodity or currency. In case of equity delivery, it charges brokerage lower of 0.1% or Rs. 9. Similarly for intraday it charges lower of 0.01% or Rs. 9 whichever is lower. It also offers certain monthly plans – these are summarized below:
MCX : Monthly plan @ INR 999
This plan allows unlimited trading at MCX stock exchange by paying this monthly fee. This releases the burden of brokerage which usually gets added to each transaction’s cost.
Equity : Monthly plan @ INR 999
Similar to the first plan, this plan also allows unlimited trading of equity instruments at NSE cash, BSE cash and NSE F&O by paying this monthly fee. This plan also offers the investors to take pull out 20 times in Equity cash and 5 times in NFO & MCX.
Currency : Monthly plan @ INR 499
The currency plan is cheaper than the other 2 plans being offered. This plan lets an investor undertake unlimited trading in currency derivative instruments at the quoted monthly charge. The leverage rates offered herein are similar to the ones offered in Equity plan.
These monthly fees are required to be paid at the beginning of the period; however, SAS online does provide a relaxation that in case there are no transactions undertaken during a month, no fee would be charged.
The organisation does not demand any minimum balance, any software charges, any commitments etc. Further, in line with the common practice in the industry, it offers margins against shares.
SAS ONLINE Offers
As mentioned earlier, SAS online used the referral policy as a tool to expand their reach. They offer a referral policy wherein the investor who refers another investor to register with SAS online is rew1arded. The referrer earns 20% to 50% of the brokerage emanating from referee’s trade transactions.
SAS ONLINE Products and services
It offers brokerage service for stocks, future and options on NSE, BSE and MCX. It also offers DEMAT account services.
SAS ONLINE Trading platforms
SAS NEST Trader, the platform offered by SAS Online, has a desktop and a mobile variant. SAS Online, in order to make the platform user-friendly, has adopted a completely customisable interface. The platform allows an investor to trade on all the exchanges from a single window.
SAS Online also offers a web based platform wherein the investor need not download/install the platform. Simply logging on to the platform from any web browser would allow trading. The web platform ensures that real time quotes are flashed. While undertaking the transaction, the platform constantly flashes the required margin for proposed transaction.
For on the go traders, a mobile platform has been launched – SAS Mobile. This platform is liked and well integrated with the first platform i.e. NEST Trader i.e. the history of transactions undertaken on that platform would also be available with the investor on his mobile platform. The mobile platform has been equipped with key security feature to avoid any mishap.
Open Demat Account with SAS Online
List of all Discount Brokers in India –
Zerodha , 5Paisa , Upstox / RKSV , Samco , SAS Online , Wisdom Capital , Trade Smart Online , Tradejini , Beeline Broking , Compositedge , RK Global , Achiievers Equities , Bonanza Portfolio , MDirect , TradingBells , EzWealth
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