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Home > Personal Finance > Capital Market Equity and Mutual Funds > SAS Online > One of the best discount brokers
SAS Online
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When I first heard the name of SAS online I was skeptical and thought them to be frauds and thugs but still I insisted on trying them so I opened the account with SAS online in the year 2015 and it has been 1 year now and my opinion has completely changed about them. I was previously doing trading and investments through icicidirect and I was giving too high fees as brokerage but with SAS online its almost nill. Best feature of SAS is their brokerage plan both flat fee of Rs 9 and monthly plans. Intraday brokerage fee is 0.01% or Rs 9 whichever is lower while delivery fee is 0.1% or Rs 9 whichever is lower. FnO segment pricing is flat Rs 9 both buy and sell. If you want to trade unlimited in equity market then you can apply for monthly fee of Rs 999 this will include all the products available in equity market. Similarly if you want to do unlimited trading in commodity then you can opt for Rs 999/month plan. For currency traders there is a catch of discount they can opt for 499/month plan and do unlimited currency trading. They have kept their interface quite simple and easy to understand though some people might complain about the features of the site and other important stuffs which other traditional brokers provide but if you want to save money and earn decently then this is the best broking firm. What's more they also give you referral bonus when you bring your friends to join them. Other advantage is that they also offer demat services which is available free of charges except the charges levied by govt and other regulatory bodies. They also give flexibility if you have your own demat account you can link your existing demat account with theirs. Their service is quite fast and I have never faced a delay in their service whether its a mail or phone call, everytime they have quickly responded. Coming to their backend services its bit complicated and there are many terms and terminologies which most of the people won't be able to understand but with their help and constantly using the site you will be able to easily understand the backend in few days. Since they are discount brokers hence they don't give any recommendations. Since there are so many freely available tools for professional traders that it is not wise to use traditional brokers any more. Overall I think SAS online are doing good job.
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