SAS Online Broker review
Incorporated in 1995, SAS Online is an online discount brokerage firm offering brokerage services for stocks, future and options, currency and commodities at NSE, BSE and MCX exchanges.
SAS Online (South Asian Stocks Ltd) started their online discount brokerage business in April 2013 and currently they have 4000+ clients spread across 540+ cities of India. As of Jan 2015, they are doing a daily average turnover of Rs 1900+ Cr, contributing to 0.75% of the total Indian market turnover.
SAS Online’s Trading Platforms
A client can trade with SAS Online in following 2 ways:
- NEST Trader – This is a fully functional trading terminal allowing fast execution of orders with real time monitoring. This easy to use trading terminal is available to all its customer for free. Can trade all segments and exchanges on a single platform. Available in desktop, web and mobile versions.
- NOW Trader – Free software provided by NSE. Can trade Equity (NSE & BSE), Derivatives, Currency on the platform. Available in desktop, web and mobile versions.
SASOnline offers 4 different plans to suite your trading needs:
- Rs 9 per trade Plan
This SAS Online trading plan offers trading at flat Rs 9 per trade irrespective to the size of the trade. The brokerage is charged as ‘Rs 9 per executed order or 0.01% whichever is lower’. Trading is available at BSE, NSE and MCX stock exchanges in equity, commodities and currency derivative segments.
- Rs 999 MCX Plan
This trading plan offers unlimited monthly trading in commodities at MCX stock exchange for flat Rs 999 per month.
- Rs 999 Equity Plan
This SASOnline plan offers unlimited trading in equity segment for flat Rs 999 per month. Trading under this plan is available at BSE Cash, NSE Cash and NSE F&O segment.
- Rs 499 Currency Plan
This plan offers unlimited trading in currency derivatives segment at NSE for flat Rs 499 per month.