SAS Online FAQs – Demat & Trading Account General Questions

SAS Online FAQs.

SAS Online or in other words South Asia Stocks Limited is one of the youngest discount stockbroking firms of India. It was established in April 2013 and gained its first 1000 clients within 6 months. SAS Online was unique because it came to existence by a young entrepreneur Shrey Jain.

Q.1 What is the full name of SAS Online?

Ans. South Asia Stocks Limited.

Q.2 In which year SAS Online was established?

  Ans. In April 2013

Q.3 Who was the founder of SAS Online?

Ans. Shrey Jain

Q.4 What is the active client base of SAS Online?

  Ans. 13,000

Q.5 What is the daily turnover of SAS Online?

  Ans. It is around 7000+ Crores.

Q.6 What are the stock exchanges SAS Online operates with?

  Ans. NSE, BSE, and MCX

Q.7 SAS is a depository partner of which organization?

  Ans. NSDL

Q.8 On which segments SAS online provides trading?

Ans. Equity, Derivative Trading, Currency Trading, Commodities Trading, Mutual Funds

Q.9 What is the meaning of Derivative Trading?

Ans. Derivatives are one of the most complex financial instruments as well as the most rewarding elements too. It is a trading mechanism in which investors enter into an agreement to trade in a future date or at a certain price. The proper analyzing the future value of the assets of the derivative you expected.

Derivatives’ trading is the best of both short and long term investors. The process is normal as we can buy and sell easily.

Q.10 What is the Brokerage Calculator?

Ans. An individual can perform his/her entire brokerage costs and other transaction charges using a brokerage calculator. Based on the trading pattern for both Intraday and Delivery can be monitored using a calculator.

A brokerage calculator includes many more advantages over calculating delivery charges. Moreover, it also calculates stamp duty, transaction charges, STT, and many more trading expenses.

Q.11 What is the Registered Office Address of SAS Online?

Ans. 3rd Floor, Building No. 5, Local

Shopping Complex, Rishabh Vihar.

East Delhi – 110092

Landmark: Near Karkarduma Metro Station

Q.12 What is the SAS Online ALPHA TRADE?

Ans. It is a desktop-based application that is totally free and can be downloaded and installed on any laptop, desktop or MAC without any issues. All you need to do login in with your credentials and start your trading activities.

Q.13 What are the important features of ALPHA TRADE?

Ans. 1.  The user interface is 100% customizable. As per needs, users can customize every component like functions, colors, and headers, etc.

2.  Users can analyze and observe market trends based on advanced charting features.

3.  Super synced real-time market reports and information across BSE, MCX & NSE in a single interface.

4.  More than 10 types of charts are provided for efficient stock market analysis. In addition, more than 80 technical indicators are integrated into the application.

Q.14 What is the SAS Online Mobile Trading Platform- ALPHA MOBILE APP?

Ans. It is supportable across all mobile platforms like iOS, Android, & Windows Mobile. It provides the user with high flexibility of trading, with real-time quotes and market information analysis just with their mobile devices.

Q.15 What are the best features of ALPHA MOBILE APP?

Ans. 1.  The discount broker manages to provide all important segments like Equity, future, currency, options, and commodity from all leading exchanges i.e., NSE, MCX, and BSE.

2.  The availability of intraday charts helps the users to analyze the market at the right time.

3.  With SAS ALPHA MOBILE APP we can check and manage holdings.

4.  Almost zero downtime with regular market updates.

5.  Trade confirmation messages via SMS on your registered phone number.

Q.16 What are the problems faced by users while using ALPHA MOBILE APP?

1.      While accessing features such as charts and orders, the user experience is below average.

2.      Automatically gets the user logged out without notifying, this is extremely pathetic while placing orders.

3.      In Addition, the app slows down sometimes depending upon your internet connection.

Q.17 What are the features of NEST TRADER?

Ans. 1.      Users can customize functional components as per choice. Therefore, the software gives flexibility and ease to operate.

2.      A vast range of charts and indicators which avails users to analyze market trends and perform trades based on the stock analysis.

3.      Trading across multiple stock exchanges like NSE, BSE, and MCX.

4.      You can control your funds, net positions, and current holdings just via a quick look feature.

Q.18 Is the DEMAT Account Opening Charges of SAS Online is chargeable?

Ans. Rs. 200 one time charge.

Q.19 What are the Trading Account Opening Charges of SAS Online?

Ans. Rs. 200

Q.20 What is the DEMAT Account AMC of SAS Online?

Ans. Rs. 200

Q.21 What is the Trading Account AMC of SAS Online?

Ans. Rs. 0

Q.22 What is the brokerage charge of  Rs. 9/trade in delivery (Equity)?

Ans. 0.1% or Rs. 9 per trade whichever is lower

Q.23 What is the STT for Equity Delivery?

Ans. 0.1  % on both Buy and Sell

Q.24 What is the STT for Equity Intraday?

Ans. 0.025% on the Sell Side

Q.25 What is the STT for Currency Futures?

Ans. No STT

Q.26 What is the STT for Commodity Futures?

Ans. 0.01% on Sell Side (Non-Agri)

Q.27 What is the Turnover Charges for currency future?

Ans. Rs. 120/Crore

Q.28 What are the Turnover Charges for currency options?

Ans. Rs. 5500/Crore on premium turnover

Q.29 What are the Turnover Charges for option?

Ans. Rs. 5500/Crore on premium turnover

Q.30 What are the Turnover Charges for futures?

Ans. Rs. 220/Crore

Q.31 What are the Turnover Charges for Equity Delivery?

Ans. Rs. 325/ Crore

Q.32 What are the Turnover Charges for Equity Intraday?

Ans. Rs. 325/ Crore

Q.33 What are the SEBI Charges for Futures?

Ans. Rs. 15/ crore

Q.34 What are the SEBI Charges for Options?

Ans. Rs. 15/ crore

Q.35 What are the SEBI Charges for Currency Futures?

Ans. Rs. 15/ crore

Q.36 What are the SEBI Charges for Currency Options?

Ans. Rs. 15/ crore

Q.37 What are the SEBI Charges for Commodity Futures?

Ans. Rs. 15/ crore

Q.38 What is the GST for Commodity Futures?

Ans. 18% on (Brokerage+ Transaction Charge)

Q.39 What is the GST for Currency Futures?

Ans. 18% on (Brokerage+ Transaction Charge)

Q.40 What is the GST for Currency Options?

Ans. 18% on (Brokerage+ Transaction Charge)

Q.41 What is the GST for Futures?

Ans. 18% on (Brokerage+ Transaction Charge)

Q.42 What is the GST for Options?

Ans. 18% on (Brokerage+ Transaction Charge)

Q.43 What is the GST for Equity Delivery?

Ans. 18% on (Brokerage+ Transaction Charge)

Q.44 What is the GST for Equity Intraday?

Ans. 18% on (Brokerage+ Transaction Charge)

Q.45 What are the benefits of the MCX Rs.999 per month plan?

Ans. This plan provides unlimited trading at Rs.999 per month in the commodity segment.

Benefits: Without any hidden charges, No deposit, No commitments required, 20X leverage in case of Equity cash and 5X on NFO & MCX.

Q.46 What are the benefits of Rs.999 per month for the Equity plan?

Ans. Users can trade across all stock exchanges i.e., NSE Cash, BSE Cash, NSE F&O in just Rs.999/month.

Benefits: Your shares generate margin, Unlimited trading, No deposit, No commitments required, Softwares are totally free, 20X leverage in case of Equity cash and 5X on NFO & MCX.

Q.47 What are the benefits of Currency Trading at Rs. 499 per month?

Ans. The client gets the benefits of unlimited currency derivative trading in just Rs. 499 per month.

Benefits: Your shares generate margin, Unlimited trades, No deposit, No commitments required, Softwares are totally free, 20X leverage in case of Equity cash and 5X on NFO & MCX.

Q.48 How is the SAS Online brokerage for Intraday Equity trading? Is it better or worse than Zerodha?

Ans. SAS Online is the youngest Stockbroking firm in the race still it offers the best Equity Intraday trading facilities. When compared with Zerodha it excels by its charges lower than Zerodha. Zerodha charges 0.01%  or Rs. 20 whichever is lower whereas SAS Online charges 0.01% or Rs. 9 lower one will be considered.

Q.49 Is SAS Online a reliable stockbroker?

Ans. SAS Online is one of the youngest players in the Stock market field still it offers exciting plans. Yes SAS Online is reliable because it is SEBI registered and government certified financial firm.

Q. 50 Which is the better discount broker, Zerodha or SAS online?

Ans. Zerodha is the better discount broker when compared to SAS Online, however, Zerodha is an old stockbroking company when compared to SAS Online.

Q.51 Zerodha or SAS Online, which one should I choose for trading and delivery based transactions?

Ans. However both Zerodha nad SAS Online are discount brokers, none of them provides tips or suggestions. But in the case of zerodha, it offers investment education through tutorials and trading platforms are quite better in Zerodha when compared with SAS Online.

Q.52 Which broker should I choose among Zerodha, Ventura securities, and SAS online as a fresher with 40k investment capital?

Ans. SAS Online and Zerodha both belong to discounts stockbrokers segment whereas the Ventura Securities is a full-time traditional broker. However, when we compare them Zerodha stands the best amongst them in its brokerage charges.

Q.53 Who is the best online discount brokerage firm in terms of technology in India?

Ans. It’s very difficult to mention one single name, however, it depends on an individual’s perception. Here are some top discount brokerage firms based on technology: 5Paisa, Zerodha, Fyers, Upstox, etc.

Q.54 What was your experience when you trade with SAS Online?

Ans. With my point of view, I must say SAS Online is very well managed and prompt in support of all your queries. So I must say the overall experience is quite satisfying.

Q.55 Can I trade with SAS Online with a small amount?

Ans. Yes, you can trade with any amount with SAS online because they offer a variety of plans.

Q.56 Is SAS online discount brokerage firm a scam?

Ans. No SAS Online is not a scammed brokerage firm. He assured it is genuine as it is registered under SEBI and Government of India.

Q.57 It is possible to perform mutual fund SIP investment while trading with SAS Online?

Ans. Yes, you will get the facility of investing in mutual funds SIP with SAS Online.

Q.58 It is possible to perform virtual trading while trading with SAS Online?

Ans. No with SAS Online you can’t perform virtual trading.

Q.59 It is possible to perform investment in bonds while trading with SAS Online?

Ans. SAS Online allows its clients to invest in government bonds, etc.

Q.60 It is possible to perform investment in Debentures while trading with SAS Online?

Ans. No, you can invest in Debentures while trading with SAS Online.

Q.61 It is possible to perform investment in ETF while trading with SAS Online?

Ans. ETF investments are allowed by SAS Online.

Q.62 It is possible to perform investment in Mutual Fund while trading with SAS Online?

Ans. Yes, you will get the facility of investing in mutual funds with SAS Online.

Q.63 It is possible to perform investment in an online IPO while trading with SAS Online?

Ans. All types of Online IPO investments are allowed with SAS Online.

Q.64 It is possible to perform investment in stocks/equity while trading with SAS Online?

Ans. All types of stocks and Equity are fulfilled by SAS Online.

Q.65 It is possible to perform AMO (After Market Order) while trading with SAS Online?

Ans. Yes placing AMO (After Market Order) is quite simple with SAS Online.

Q.66 It is possible to perform bracket order (BO) while trading with SAS Online?

Ans. Bracket Order or BO placing is possible with SAS Online.

Q.67 Is it possible to perform  CNC (Cash N Carry) order type facility available while trading with SAS Online?

Ans. Yes, you are allowed CNC order type while trading with SAS Online. However, it is limited to 1 time only in each segment.

Q.68 Is it possible to perform cover order (computer) while trading with SAS Online?

Ans. Yes, the Cover Order facility is available with SAS Online.

Q.69 Is it allowed to perform MIS (Margin Intraday Square up) order type while trading with SAS Online?

Ans. Yes, you are allowed to perform MIS (Margin Intraday Square up) orders while trading with SAS Online.

Q.70 Is there any NRML order facility available with SAS Online?

Ans. Yes, NRML orders are allowed with SAS Online. However, it requires a 100% margin required in all the futures contracts for buying and selling.

Q.71 Is it allowed to perform commodity trading with SAS Online?

Ans. Yes, a commodity trading facility is provided by SAS Online.

Q.72 Is it allowed to perform currency trading with SAS Online?

Ans. SAS Online allows its clients to trade in Currency.

Q.73 Is it allowed to perform trading with forex by SAS Online?

Ans. The forex trading segment is available with SAS Online.

Q.74 Transferring funds by UPI is available with SAS online?

Ans. No, fund transfer using the UPI facility is not available with SAS Online.

Q.75 Is it possible to have online KYC done with SAS Online?

Ans. Yes, online KYC is allowed however you need to get it verified by your mail id and phone no.

Q.76 Does SAS Online have branches?

Ans. SAS online doesn’t have any branches, they solely operate from their registered office.

Q.77 Is there any android tablet app provide by SAS online for trading?

Ans. There is an android tablet app provide by SAS Online for trading.

Q.78 Is there any free desktop platform for macOS provided by SAS Online?

Ans. There is a Free Desktop platform for MAC Os. ALPHA TRADER is the name of the platform.

Q.79 Is there any free desktop platform for Windows provided by SAS Online?

Ans. There is a Free Desktop platform for Windows available with SAS Online. ALPHA TRADER is the name of the platform.

Q.80 Is there any Free web-based trading platform provided by SAS Online?

Ans. There is a web-based trading platform available with SAS Online. ALPHA WEB is the name of the platform.

Q.81 Is there any insurance services offered by SAS Online?

Ans. Insurance services are not available with this Stock broker

Q.82 Is there any stock price alert emails offers provided by SAS Online?

Ans. There is no price alert email facility with SAS Online.

Q.83 Is there any stock price alert SMS provided by SAS Online?

Ans. Sorry no SMS alert services provided by SAS Online.

Q.84 Is there any scope of getting a 3-in-1 account facility with SAS Online?

Ans. No SAS Online only provides a 2 in 1 account.

Q.85 Is there any monthly brokerage plans offered by SAS Online?

Ans. Yes SAS Online offers various types of monthly brokerage plans based on the client’s needs and requirements.

Q.86 Is there any yearly brokerage plans offered by SAS Online?

Ans. Unfortunately, there are no yearly brokerage plans offered by SAS Online.

Q.87 Is there any free equity research report provided by SAS Online?

Ans. Sorry, no offers an equity research report provided by SAS Online for free.

Q.88 Is there any free ETF research report provided by SAS Online?

Ans. Sorry no ETF research report provided by SAS online for free.

Q.89 Is there any free mutual fund research facility provided by SAS Online?

Ans. No free mutual fund and research facility are not available with SAS Online.

Q.90 Is there any Algo trading facility provided by SAS Online?

Ans. No, SAS Online does not provide Algo trading

Q.91 Does SAS Online provide banking services?

Ans. Being a discount broker SAS online doesn’t provide banking facilities as of now.

Q.92 Is there any daily market reports provided by SAS Online?

Ans. Sorry, there is no daily market report facility with SAS Online.

Q.93 Is there any equity SIP facility provided by SAS Online?

Ans. SAS Online doesn’t offer an equity SIP facility.

Q.94 Is there any free android mobile app for trading provided by SAS Online?

Ans. Yes, a free android mobile app for trading is available with SAS Online.

Q.95 Is there any free iPhone IOS mobile app for trading provided by SAS Online?

Ans. Obviously there is a free iPhone IOS app provided by SAS Online.

Q.96 Any free tips provided by SAS Online?

Ans. Sorry, there are no free tips provided by SAS Online.

Q.97 Is there any demo provided by SAS Online for its trading platform?

Ans. Obviously, you will be getting a demo of the trading platform once you request from their executive.

Q.98 Is any iPad tablet-based app available for trading with SAS Online?

Ans. Yes, iPad tablet-based app available for trading with SAS Online.

Q.99 Is there any margin funding provided by SAS Online? And what is the margin funding interest in PA?

Ans. Yes, SAS Online provides margin funding and 18% interest PA on margin funding.

Q.100 Is there any mobile app for trading with SAS Online?

Ans. SAS online offers multiple mobile platform apps for trading.

Q.101 Is there any news and live market alerts available with SAS Online?

Ans. It’s quite disappointing that SAS Online doest offer any alerts.

Q.102 Is there any portfolio management services facility available with SAS Online?

Ans. Sorry, no portfolio services available to date with SAS Online to date.

Q.103 Is there any quarterly reports of equity and mutual funds facilities available with SAS Online?

Ans. Sorry but SAS Online doesn’t offer any report related services.

Q.104 Is there any real-time watch list facility SAS Online Provides?

Ans. Yes real-time watch list facility is available with SAS Online

Q.105 Is there any type of SMS service facility available with SAS Online for its traders?

Ans. There are no such facilities including SMS and notification with SAS Online.

Q.106 Whether “Good Till Canceled” (GTC) or “Good Till Date” (GTD) or “Valid Till Date” (VTD) order facility is available with SAS Online for its users?

Ans. No, “Good Till Canceled” (GTC) or “Good Till Date” (GTD) or “Valid Till Date” (VTD) order facilities are not available with SAS Online. It is a big weakness of the SAS Online stock broker

Q.107 Is there any advance chart facility SAS Online provides the with its trading platform for clients?

Ans. Yes, advance chart facility SAS Online provides the with its trading platform for clients.

Q.108 Whether SAS online provides After Market Order (AMO) facility?

Ans. Yes, SAS online provides After Market Order (AMO) facility

Q.109 Whether SAS Online provide automated trading?

Ans. Yes, SAS Online provides automated trading

Q.110 Whether the website of SAS online is optimized for mobile-based devices?

Ans. Yes, the website of SAS online is optimized for mobile-based devices

Q.111 What is the margin of SAS Online for commodities?

Ans. For the entire future contract, CO/BO and NRML orders SAS Online Provides 2x, 5x and no leverage respectively.

Q.112 What is the CO margin of SAS Online for equity?

Ans. On F&O Stocks SAS Online provides Up to 20x leverage

Q.113 What is the margin of SAS Online for equity delivery?

Ans. Up to 1x Margin on Equity Delivery, Up to 4x Margin on Equity Plus.

Q.114 What is the CO margin of SAS Online for futures?

Ans. For all Index and on Stock futures SAS Online gives Up to 5x leverage.

Q.115 What is the margin of SAS Online for futures?

Ans. For equity futures intraday (MIS) SAS Online gives Up to 2x leverage.

Q.116 What is the least or minimum charges of SAS Online for brokerage?

Ans. The discount broker doesn’t charge anything as a minimum brokerage.

Q.117 What is the SAS CO margin of SAS Online for Online options?

Ans. For option selling and options buying, SAS Online provides 5x and 2x leverage respectively.

Q.118 What is the margin SAS Online provides for options?

Ans. For options selling SAS Online provides 2x leverage. However, for option buying (MIS Orders) provides no leverage.

Q.119 What is the opening charges of SAS Online for an account?

Ans. To open a trading account or Demat Account with SAS Online, the account opening fee is Rs 200 for both the cases.

Q.120 What is the brokerage of SAS Online for Commodities?

Ans. Rs. 9 flat charge for Commodities brokerage.

Q.121 What is the Transaction charges of SAS Online for Commodities?

Ans. The SAS Online Commodities Transaction charges are Rs.360/cr for non Agri | Rs.275/cr for Agri.

Q.122 What is the Brokerage charges of SAS Online for Currency Futures?

Ans. 0.01% or Rs. 9 lower is considered as Currency Futures Brokerage charge as SAS Online.

Q.123 What is the Transaction charges of SAS Online for Currency Futures?

Ans. Rs.165/cr is the Currency future transaction charges of SAS Online.

Q.124 What is the brokerage of SAS Online for Currency Options?

Ans. Rs. 9 flat charge for Currency Options brokerage.

Q.125 What is the Transaction charges of SAS Online for Currency Options?

Ans. Rs 6000/crore is the transaction charges for Currency Options.

Q.126 What is the AMC of SAS Online for Demat Account?

Ans. Rs. 200 is the AMC for Demat Account.

Q.127 What is the opening charges of SAS Online for Demat Account?

Ans. Rs. 200 is the Demat Account opening Charges of SAS Online.

Q.128 What is the Equity Delivery Brokerage Charge of SAS Online?

Ans. 0.01% or Rs. 9 lower is considered as Equity Delivery Brokerage charge as SAS Online.

Q.129 What is the Transaction charges of SAS Online for Equity Delivery?

Ans. Rs325 /crore is the charge for Equity Delivery transaction

Q.130 What is the Equity Futures Brokerage Charge of SAS Online?

Ans. 0.01% or Rs. 9 lower is considered as Equity Futures Brokerage charge as SAS Online.

Q.131 What is the Equity Futures Transaction charge of SAS Online?

Ans. Rs. 250 per Crore is the charge for Equity Futures Transaction.

Q.132 What is the Equity Intraday Brokerage Charge of SAS Online?

Ans. 0.01% or Rs. 9 lower is considered as Equity Intraday Brokerage charge as SAS Online.

Q.133 What is the Transaction charges of SAS Online for Equity Intraday?

Ans. Rs325 /crore is the charge for Equity Intraday transaction

Q.135 What is the Equity Options brokerage of SAS Online?

Ans. Rs.9 is the flat charge for Equity option brokerage.

Q.136 Whats is the Equity Options transaction Charges of SAS Online?

Ans. Rs 6500/crore is the charges for Equity option transaction.

Q.137 What are the AMC charges for a trading account?

Ans. SAS Online charges nothing for trading account AMC.

Q.138 How many days needed to get money from SAS online to users account?

Ans. Just within 24hours excluding banking holidays. However sometimes due to some technical issues, you will get it by the next day.

Q.139 What is the procedure Android users to download trading app of SAS Online?

Ans. You can download android based SAS Online app from Google Play Store.

Q.140 What is the procedure Apple users to download SAS Online trading app?

Ans. You can download it from Apple App stores just simply search for SAS Online.

Q.141 How to consult with SAS Online branches near me?  

Ans. No information is provided from SAS Online regarding this.

Q.142 What are option provides by SAS Online for Pay in and Payout?

Ans. You can add funds via IMPS, Cheque, NEFT or RTGS and withdrawal just in your registered bank account.

Q.143 Mention the SAS Online head office address and corporate office address?

Ans. The official address of SAS Online is, Corporate Office Address/Head Office Address, SAS Online, 3rd Floor, Building No. 5, Local Shopping Complex, Rishabh Vihar, East Delhi – 110092

Q.144 Provide the SAS online account for fund transfer.

Ans. For transferring funds to the SAS Online account, the following account details are provided below:

South Asian Stocks Ltd. Account Number: SASONL37242 Bank and Branch: G-3-4, Suryakiran Building, 19 Kasturba Gandhi Marg, New Delhi-110001 Account Type: Current Account IFSC Code: HDFC0000003

Q.145 How much does SAS Online charge for call n trade?

Ans. Rs 20 per trade is charged by SAS Online.

Q.146 Mention how to open a trading account in a convenient way with SAS Online?

Ans. For opening a trading account the best convenient way is the online and paperless method.

Q.147 Mention the SAS Online helpline no. of SAS Online.

Ans. SAS Online helpline number is 011-40409999, 011-40409900.

Q.148 At what time SAS Online performs its Intraday Square-off?

Ans. At 3.15 PM SAS online performs its intraday Square-off.

Q.149 Where we will find a demo of desktop trading software by SAS Online?

Ans. We have mentioned the demo video link of SAS online desktop trading software

Q.150 Where we will find the demo of mobile trading with SAS Online?

Ans. The mobile trading demo video is available in the below link

Q.151 Where we will find the demo video of online trading with SAS Online?

Ans. The demo video of trading with SAS Online is given below:

Q.152 Is there any desktop trading platform SAS Online offers to its clients and users?

Ans. Yes, SAS Online offers desktop trading platform to its clients and users and the name of the platform is Alpha Trader.

Q.153 What is the official registered website of SAS Online?

Ans. The official registered website of SAS Online is sasonline.in

Q.154 What are the  Payment Gateways SAS Online offers for Fund Tranfer?

Ans. SAS Online offers multiple payment gateways options including 23 banks and charges Rs. 9 per transaction.