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SAS Online is India’s truest and most trusted discount broking online brokerage firm. The company provides the customers with great useful insights to Account Opening formalities, SAS, Brokerage Plans, NEST Trader and more.

The company is well settled and well-grounded with the stock research team, and services provided to the customers.

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SAS Online Customer Ratings & Reviews by Top10StockBroker

Customer Ratings
Experience 3.4/5
Products & Services 3.1/5
Brokerage Charges & Fees 3.3/5
Stock Research & Advisory 3.0/5
Trading Platforms 3.2/5
Overall Ratings 3.2/5
Star Ratings ★★★☆☆
Total Client Reviews 189

About SAS Online

Company Overview
Company Type Private
Broker Type Discount Broker
Headquarters New Delhi
Founder Shrey Jain
Established Year 1995

SAS OnlineSAS Online commenced its operations in 1995 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.

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.

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    SAS Online Brokerage Charges and Fees

    Brokerage Charge & Fees
    Equity Delivery Trading Rs.9 per Trade
    Equity Intraday Trading Rs.9 per Trade
    Commodity Options Trading Rs.9 per Trade
    Equity Futures Trading Rs.9 per Trade
    Equity Options Trading Rs.9 per Trade
    Currency Futures Trading Rs.9 per Trade
    Currency Options Trading Rs.9 per Trade
    Minimum Brokerage Rs.9 per Trade
    Demat AMC Charges Rs.300 per Annum
    Trading AMC Charges Free
    Margin Money Zero Margin
    Brokerage Calculator SAS Online Brokerage Calculator

    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 999

    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.

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    SAS Online Other Charges

    Other Charges
    Transaction Charges 0.00300%
    STT 0.0126% of Total Turnover
    SEBI Turnover Charges 0.0002% of Total Turnover
    Stamp Duty Depends on State (very minimal)
    GST 18% of (Brokerage + Transaction Charges)

    Other charges are also added over the brokerage charges such as transactional charges with 0.00300%, STT of 0.0126% of total turnover.

    SEBI Turnover charges for 0.0002% of total turnover and Stamp duty is added depending on the particular State, GST gets charged for 18% of (Brokerage+Transaction charges).

    The other charge that is added is very minimal so it doesn’t affect much to the total investment or in profit percentage.

    SAS Online Other Charges

    • Demat – For converting your physical certificates into electronic medium, you will be charged Rs 2 per certificate + courier charges of Rs 35 per demat request for every 500 grams.
    • Remat – Contrarily, if you opt for the remat services, you will have to pay Rs 25 per certificate or 0.05% of the value whichever is higher + Depository charges at actualsRs 25 per certificate or 0.05% of the value whichever is higher + Depository charges at actuals.
    • Pledge – There are no charges on account of pledge creation and closure, there is only one charge of Rs.50 per transaction for pledge invocation.

    SAS Online Demat Account Opening Charges

    Account Opening Fees
    Depository Source CDSL & NSDL
    Account Opening Charges Free
    Demat AMC Charges Rs.300 per Annum
    Trading AMC Charges Free
    Margin Money Zero Margin
    Offline to Online Yes

    The above list of account opening fees shows that the company charges free for opening account and Trading AMC charges comes in free of cost too.

    Demat AMC charge is applied for Rs. 300 per annum. There is zero margin money involved for the traders.

    SAS Online Offers

    Free Demat Account Yes
    Free Trading Account Yes
    Discount on Brokerage Yes
    Trading Happy Hours No
    Flexible Brokerage Plans Yes
    1 Month Brokerage Free No
    Holiday Offers Yes
    Referral Offers Yes
    Zero Brokerage for Loss Making Trades No

    SAS Online Review & Brokerage Charges

    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.

    Along with this, they have Flat brokerage offer Free Demat Account offers & more.

    Know Offers of other Stock Brokers

    How to Open Demat Account with SAS Online?

    The Account opening process of SAS Online is entirely online. Follow the below process to open the account.

    • The lead forms is required to be filled up post clicking on Open Demat Account button below.
    • Then you will receive a call from their representative & they will share a link with you.
    • The next step comes with uploading KYC documents like Aadhar card, Age proof, Address proof, Identity proof, PAN card, and one photograph of yours.
    • After uploading them, you will be verified more by a concerned person calling you from SAS Online.
    • After everything is completed, you will be granted to operate your own demat account.

    Why Open Trading Account with SAS Online?

    The various reasons to Open SAS Online Trading Account are –

    • You will be accessed to well market segments of NSE, MCX, NCDEX and BSE.
    • You will get a thorough in-depth research of daily and weekly shares.
    • The expert sector analysis will provide your specialized research reports.
    • You will be easily trading from any devices like smart phones, desktops, tablets at any time.

    SAS ONLINE Products and Services

    The various products & services offered by SAS Online are –

    SAS Online Products Line:

    Equity Trading Yes
    Commodity Trading No
    Currency Trading Yes
    Options Yes
    Futures Yes
    Mutual Funds Yes
    Forex No
    Banking No
    SIP Yes
    Insurance Yes

    The products that invested in South Asian SAS Online are Equity trading, Currency trading, Options, futures, Mutual funds, SIP and Insurance.

    SAS Online Services Offered:

    Demat Services Yes
    Trading Services Yes
    3 in 1 Acount No
    Intraday Services Yes
    IPO Services Yes
    Stock Recommendations Yes
    Robo Advisory No
    PMS Yes
    Trading Institution No
    Trading Exposure Upto 2X

    SAS Online is well known for its best services to the customers. The services that the company offers are for demat services, trading services, intraday services, IPO services.

    The company provides stock recommendations to the traders for more benefits and trading exposure raises upto 2X.

    SAS Online Research

    Research & Advisory
    Fundamental Reports Yes
    Research Reports Yes
    Company Reports No
    Annual Reports No
    Company Stock Review No
    Free Stock Tips Yes
    IPO Reports Yes
    Top Picks Yes
    Daily Market Review Yes
    Monthly Reports Yes
    Weekly Reports Yes
    Offline Advisory Yes
    Relationship Manager Yes

    The company identifies the stocks that complement best to the client’s investment objectives and then helps to intensify the value of their portfolios.

    Monthly reports and weekly reports help the traders to analyse. The company provides relationship manager which gives full support and satisfaction to the traders or users.

    SAS Online Exposure / Leverage

    Exposure / Leverage
    Equity Delivery 1x (no margin)
    Equity Intraday 13x to 20x with CO (Intraday), 5x to 9x for MIS (Intraday)
    Equity Future 5x with CO (Intraday), 2x for MIS (Intraday)
    Equity Option 2x for selling 100% premium amount for buying
    Currency Future 2x trading margin
    Currency Option 2x for selling 100% premium amount for buying
    Commodity NA
    Margin Calculator SAS Online Margin Calculator

    The maximum exposure of 5X is gained by the company.  The impressive amount of leverage is gained by Equity options and Currency futures.

    Check Margin or Exposure of other stock brokers

    SAS Online Trading Platforms

    SAS Online have an excellent trading platform They are the fastest and most reliable trading platforms which are hassle free and time consuming.

    Trading Platforms
    Desktop Platform – Windows Yes
    Desktop Platform – Mac Yes
    Desktop Browser Platform Yes
    Mobile Site Platform Yes
    Android App Platform Yes
    iOS App Platform Yes
    Windows App Platform No
    Other Mobile OS Platform No
    Real time Updates Yes
    Portfolio Details Yes
    Online MF Buy Yes
    News Flash Yes
    Research Reports Yes
    Easy Installation Yes
    Global Indices Yes
    Stock Tips Yes
    Personalized Advisory No
    Interactive Charts Yes
    Live Markets Yes
    SMS Alerts Yes
    Email Alerts Yes
    Multi Account Management No

    SAS Online Alpha Trader – Trading Terminal

    SAS NEST Trader, the platform offered by SAS Online, has a desktop and a mobile variant.

    The broking house, 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 Alpha Web – Browser Trading Platform

    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.

    SAS Online Alpha Mobile – Mobile Trading App

    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.

    SAS Online Customer Care

    Customer Support
    Dedicated Dealer Yes
    Offline Trading Yes
    Online Trading Yes
    24*7 Support No
    Email Support Yes
    Chat Support No
    Toll Free Number No
    Branches Zero

    The discount brokerage firm can be contacted with e-mail. Customer care support is given for online trading, offline trading & for any other issues.

    The broking house doesn’t have any branch other than registered office.

    SAS Online Complaints

    Complaints (Last Year)
    Lodged in BSE 3
    Resolved in BSE 3
    Lodged in NSE 11
    Resolved in NSE 11
    Percentage of No. of Complaints Received Against Number of Active Clients 0.97

    The company faced around 11 complaints during last year. But eventually they were resolved in NSE.

    SAS Online Disadvantages

    The broking house has few disadvanatges, here are they –

    • There are too little communication options given to the traders.
    • Detailed research is not provided to clients
    • Multi account management is not provided by the company.

    SAS Online Conclusion

    The company kick starts with the aim of setting new barriers in terms of support, cost and technology. The firm offers services for stocks, future and option on NSE, BSE and MCX.

    They have an easy to access excellent trading platform which is robust, light and intuitive in nature.

    SAS Online Review FAQs

    Ques – Is SAS Online safe for trading?

    Answer – Yes, this stock broking house is extremely reliable in many terms and they are one of the major market players to exist in the industry. Also, they have a significant customer base, who are successfully invested in the capitals market, and this is one of the many assurances of the safety.

    Ques – What is the brokerage of SAS Online?

    Answer – Since, this stock broker is a discount broker, you can expect a minimal amount of charge levied on every trade. They precisely follow the flat rate charge, and according to that, this stock broker levied Rs.9 per trade brokerage on all segments.

    Ques – How to open SAS Online demat online?

    Answer – The process begins right from this page, and you need to search for the button “Open Demat Account” and click on it. It is present on the bottom of the screen. When you see the pop up form, fill it up and then submit it, to get a call from the company for KYC process.

    Ques – Can I invest in IPO via SAS Online?

    Answer – Yes, there is a provision of investing IPO via this stock broking house. They have included the IPO service in their list of products and services provided, and as per the provision, you can invest in the latest IPO in accordance with certain terms and conditions.

    Ques – What Leverage does SAS Online provide?

    Answer – In case you are looking out for leverage services, you must note that this stock broking house has it. The highest of leverage they provide is for the segment of equity options and it is 5x.

    Ques – Does SAS Online have trading App?

    Answer – Yes, there is a provision of the mobile app for the clients of this company, which makes trading seamless and easy. App based trading is the most chosen form of online investment and you can as well seamlessly avail for it accordingly.

    Ques – How to contact SAS Online customer care?

    Answer – Contacting the customer care in case any of queries is absolutely easy. There are no branches provided by the broker, and this diminishes the offline possibility. However, email is the most used medium to contact with the customer care.

    Ques – Does SAS Online provide Research?

    Answer – Yes, there is research facility provided to the clients of this stock broker. The clients get in-depth research of daily and weekly shares and also in-depth research of daily and weekly shares which are a perfect medium of successful investment.

    Ques – Is SAS Online good for Beginners?

    Answer – Yes, this stock broking house is a discount broker and is the very reason why investing with them is a great idea. They provide all their investment service at extremely affordable prices and low brokerage, and this is profitable especially for beginners who start small.

    Ques – Who Founded SAS Online?

    Answer – It was back in the year 2013, exactly on 1st of April, when the stock broking firm SAS Online come into existence. It was founded by two people Shrey Jain who is the founder and CEO, alongside Siddhant Jain, who is present the Co-Founder and COO.

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