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IIFL Vs SAS Online
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IIFL Vs SAS Online comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
IIFL Vs SAS Online Comparison
Here is a point by point comparison of India Infoline Vs SAS Online.
SAS Online was launched in April 2013 by a team of young entrepreneurs. Today with a team of around 35 members, SAS Online claims of more than 10,000 clients from 700 cities of India.
India Infoline or IIFL too is a prominent name in Indian full-service broking. It is majorly known for its huge offline presence across the country with more than 4400 branches in 900 cities. India Infoline (IIFL) was incorporated in 1995 and today is one of the top three full-service brokers in India.
Everything about discount brokers such as SAS Online is internet-based, be it – customer service, trading, account opening etc. Full-service brokers such as India Infoline (IIFL), on the other hand, will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between IIFL vs SAS Online to help you find which of the two suits your needs better. The comparison is made on various aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
IIFL Vs SAS Online Details
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs and which one to go for.
 |  | |
| India Infoline Review | SAS Online Review | |
| OVERVIEW | ||
| Broker Type | Full Service | Discount Broker |
| Incorporated In the Year | 1995 | 2013 |
| Number of branches across India | 4400 | 1 |
| Exchanges | NSE, BSE, MCX, NCDEX | NSE, BSE and MCX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹750 | ₹200 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹555 | ₹200 |
| Demat Account Annual Maintenance Charges | ₹300 | ₹0 |
| Transaction Charges | IIFL Transaction Charges | SAS Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.50% | 0.1% or ₹9 per executed order |
| Intraday Delivery | 0.05% | 0.01% or ₹9 per executed order |
| Equity Futures | 0.05% | 0.01% or ₹9 per executed order |
| Equity Options | 1% of Premium or Rs.100/- per lot whichever is higher | 0.01% or ₹9 per executed order |
| Currency Futures | 0.05% | 0.01% or ₹9 per executed order |
| Currency Options | 1% of Premium or Rs.100/- per lot whichever is higher | 0.01% or ₹9 per executed order |
| Commodity | 0.05% | 0.01% or ₹9 per executed order |
| Brokerage Calculator | IIFL Brokerage Calculator | SAS Online Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 times Intraday & 3 times for Delivery | Upto 20 Times for Intraday |
| Equity Futures | Upto 3 times for Intraday | Upto 20 Times for Intraday |
| Equity Options | Buying no leverage, Shorting upto 3 times | Upto 20 Times for Intraday |
| Currency Futures | Upto 2 times for Intraday | No Leverage |
| Currency Options | Buying no leverage, Shorting upto 2 times | No Leverage |
| Commodities | Upto 3 times for Intraday | Upto 5 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  |  |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | Trader Terminal, IIFL Markets App, Trader Web | SAS Trader, Web HTML 5, Mobile App |
| Total BSE+NSE Complaints | 280 | 18 |
| OVERALL RATING |  |  |
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover.
For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with IIFL Vs SAS Online for the benefits of other readers?
Please feel free to share in the comments below.
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IIFL Vs SAS Online
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