5Paisa Vs SAS Online
| |5Paisa Vs SAS Online is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.
This comparison article also provides a video comparison between 5Paisa Vs SAS Online so that you get a 360-degree view about which broker to go ahead with.
5Paisa Vs SAS Online Comparison
Here is a point by point comparison of 5Paisa Vs SAS Online.
5Paisa is a discount broker launched by India Infoline (IIFL) in 2015 and allows a trader to trade across Equity, Currency, Insurance and Mutual Funds.
SAS Online was launched a little earlier than that i.e. on 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 5Paisa is Online, be it – customer service, trading, account opening etc. 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 5Paisa and 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
5Paisa Vs SAS Online Compare
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. Here is a detailed comparison between both the discount brokers for you to make a choice.
SAS Online Review | 5Paisa Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 2013 | 2015 |
Number of branches across India | 1 | 2 |
Exchanges | NSE, BSE and MCX | BSE, NSE, MCX-SX |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹200 | ₹250 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹200 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹400 |
Transaction Charges | SAS Online Transaction Charges | 5Paisa Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.1% or ₹9 per executed order | ₹10 per executed order |
Intraday Delivery | 0.01% or ₹9 per executed order | ₹10 per executed order |
Equity Futures | 0.01% or ₹9 per executed order | ₹10 per executed order |
Equity Options | 0.01% or ₹9 per executed order | ₹10 per executed order |
Currency Futures | 0.01% or ₹9 per executed order | ₹10 per executed order |
Currency Options | 0.01% or ₹9 per executed order | ₹10 per executed order |
Commodity | 0.01% or ₹9 per executed order | NA |
Calculate Brokerage | SAS Online Brokerage Calculator | 5Paisa Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 Times for Intraday | Upto 15 times for Intraday & Upto 4 times for Delivery |
Equity Futures | Upto 20 Times for Intraday | Upto 2 times for Intraday |
Equity Options | Upto 20 Times for Intraday | Upto 2 times for Intraday |
Currency Futures | No Leverage | Upto 2 times for Intraday |
Currency Options | No Leverage | Upto 2 times for Intraday |
Commodities | Upto 5 times for Intraday | NA |
Margin | 5Paisa 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 | 5Paisa 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) | SAS Trader, Web HTML 5, Mobile App | 5Paisa Trade Station, 5Paisa Trader Terminal, 5Paisa Mobile App |
Complaint Percentage of Active Clients | 0.05% | 0.06% |
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 5Paisa 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.