Zerodha Vs SAS Online
| |Zerodha 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.
Watch this Video in Hindi at the end of the page!
Here is a point by point comparison of Zerodha Vs SAS Online.
Zerodha Vs SAS Online Comparison
Zerodha is one of the leading discount brokers in India which was founded in 2010.
Discount brokers such as Zerodha charge a fixed amount at the transaction level and are independent of the size of the transaction. It is one of the very few stockbrokers that provides reasonable values across trading platforms, customer education and low brokerage. The broker is based out of Bangalore.
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.
Everything about discount brokers such as SAS Online or Zerodha is Online, be it – customer service, trading, account opening 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 Zerodha 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
Zerodha 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.
This is how both these stockbrokers stack up against each other:
Zerodha Review | SAS Online Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 2010 | 2013 |
Number of branches across India | 11 | 1 |
Exchanges | BSE, NSE, MCX, MCX-SX | BSE, NSE, MCX |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹200 (₹300 if you want to Zerodha to courier account opening forms) | ₹200 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹100 | ₹200 |
Demat Account Annual Maintenance Charges | ₹300 | ₹0 |
Transaction Charges | Zerodha Transaction Charges | SAS Online Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹0 | 0.1% or ₹9 per executed order |
Intraday Delivery | 0.01% or ₹20 per trade whichever is lower | 0.01% or ₹9 per executed order |
Equity Futures | 0.01% or ₹20 per trade whichever is lower | 0.01% or ₹9 per executed order |
Equity Options | 0.01% or ₹20 per trade whichever is lower | 0.01% or ₹9 per executed order |
Currency Futures | 0.01% or ₹20 per trade whichever is lower | 0.01% or ₹9 per executed order |
Currency Options | 0.01% or ₹20 per trade whichever is lower | 0.01% or ₹9 per executed order |
Commodity | 0.01% or ₹20 per trade whichever is lower | 0.01% or ₹9 per executed order |
Calculate Brokerage | Zerodha Brokerage Calculator | SAS Online Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 5 times for Intraday | Upto 20 Times for Intraday |
Equity Futures | Upto 5 times to 20 times for Intraday | Upto 20 Times for Intraday |
Equity Options | Upto 5 times to 20 times for Intraday | Upto 20 Times for Intraday |
Currency Futures | Upto 5 times for Intraday | No Leverage |
Currency Options | Upto 5 times for Intraday | No Leverage |
Commodities | Upto 5 times for Intraday | Upto 5 times for Intraday |
Margin | Zerodha Margin | |
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 | ||
Customer Care | Zerodha Customer Care | |
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) | Zerodha Pi, Kite Web, Kite App, NEST | SAS Trader, Web HTML 5, Mobile App |
Total BSE+NSE Complaints | 28 | 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.
Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
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 Zerodha Vs SAS Online for the benefits of other readers? Please feel free to share in the comments below.
Furthermore, in case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward.
Zerodha Vs SAS Online Hindi Video Review