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Bonanza Online Vs SAS Online
| | Broker Comparison, Trading | No Comments
Bonanza Online 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.
Bonanza Online Vs SAS Online Comparison
Here is a point by point comparison of Bonanza Online Vs SAS Online.
Bonanza Online is a full service broker with presence in around 560 cities with 1800 outlets across the country. It offers multiple brokerage plans depending on the margin money the client is looking to put in while opening the account. This makes Bonanza Online one of the cheapest stock broker in India in terms of brokerage.
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.
Discount brokers such as SAS Online offer trading services at much cheaper brokerage rates and reasonable customer service.
On the other hand, Full service brokers such as Bonanza Online 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 Bonanza Online Vs SAS Online to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Bonanza Online 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.
 |  | |
| Bonanza Online Review | SAS Online Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Discount Broker |
| Incorporated In the Year | 1994 | 2013 |
| Number of branches across India | 1784 | 1 |
| Exchanges | NSE, BSE, MCX, MCX – SX, ICEX, USE | NSE, BSE and MCX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹0 | ₹200 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹200 |
| Demat Account Annual Maintenance Charges | ₹250 | ₹0 |
| Transaction Charges | Bonanza Online Transaction Charges | SAS Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.1% | 0.1% or ₹9 per executed order |
| Intraday Delivery | 0.005% | 0.01% or ₹9 per executed order |
| Equity Futures | 0.005% | 0.01% or ₹9 per executed order |
| Equity Options | ₹15 per lot | 0.01% or ₹9 per executed order |
| Currency Futures | 0.0025% | 0.01% or ₹9 per executed order |
| Currency Options | ₹5 per lot | 0.01% or ₹9 per executed order |
| Commodity | 0.004% | 0.01% or ₹9 per executed order |
| Brokerage Calculator | Bonanza Online Brokerage Calculator | SAS Online Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for intraday, Delivery@interest | Upto 20 Times for Intraday |
| Equity Futures | Upto 3 times for intraday | Upto 20 Times for Intraday |
| Equity Options | No leverage for buying, upto 2 times for shorting | Upto 20 Times for Intraday |
| Currency Futures | Upto 2 times for intraday | No Leverage |
| Currency Options | No leverage for buying, upto 2 times for shorting | 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) | My E-Trade, Nest Trader, My E-Trade Mobile App | SAS Trader, Web HTML 5, Mobile App |
| Total BSE+NSE Complaints | 53 | 18 |
| OVERALL RATING |  | |
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 Bonanza Online Vs SAS Online for the benefits of other readers. Please feel free to share in the comments below.
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Bonanza Online Vs SAS Online
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