Introduction:
These two companies are serving people from several years in share market. They offers several trading facilities and account features to their investers. Go through this detailed comparison of SMC Global vs SAS Online to go for the best.
SAS Online incorporated in 2013 as a discount broking organisation. It has its depository participant service. It also has brokerage plan options. SAS Online doesn’t have any NRI trading facility also.
SMC Global is an award winning stockbroker of India having a PAN India presence with 2300 sub-brokers, 61 branches & numerous happy customers.
Function:
SMC Global:
- No 3-in -1 account.
- Margin Trading facility available.
- Multiple trading options.
- Research & advisory support is there.
- Mobile trading facility not available for NSE trading.
SAS Online:
- NRI trading not available.
- IPO, Mutual Fund & Bond trading not available.
- A different monthly plan is available.
- The lowest trading plan offered by SAS Online.
- Marginal trading facility available.
Relative Assessment on Service:
SMC Global & SAS Online are hereby contrasted in terms of their performance in different viewpoints. This comparison is sourced from customer reviews from various public sources.
| Star out of 5 | SAS Online | SMC Global |
| Overall Rating | ★★★★ | ★★★ |
| Brokerage Charges Rating | ★★★★ | ★★★ |
| Trading Platform Rating | ★★★★ | ★★★ |
| Investments Offering Rating | ★★★★ | ★★★ |
| Customer Service Rating | ★★★★ | ★★★ |
| Broker Type | Discount Broker | Full-Service Broker |
| SE Supported | NSE, BSE, and MCX | NSE, BSE, MCX, NCDEX |
SMC Global Vs SAS Online AOF & AMC:
Both SMC Global & SAS Online offer free Trading AMC. Trading account opening is chargeable in both organizations. And DEMAT account opening is chargeable only at SAS Online.
| Charges | SAS Online | SMC Global |
| Trading AOF | INR. 200 | INR.1000 |
| Trading AMC | Free | Free |
| DEMAT AOF | INR. 200 | Free |
| DEMAT AMC | Free | INR.300 PA |
| Provide DP Service | 🗹 | 🗹 |
SMC Global Vs SAS Online Brokerage Plan:
SMC Global doesn’t have any brokerage plans to offer whereas SAS Online has Multiple & monthly brokerage plans for its customers. Details of comparison are mentioned hereunder:
| Plan Types | SAS Online | SMC Global |
| Multiple Plans | 🗹 | 🗷 |
| Monthly Plans | 🗹 | 🗷 |
| Yearly Plans | 🗷 | 🗷 |
Also Read: SAS Online FAQs
SMC Global Vs SAS Online Brokerage Charge:
We have studied SMC Global & SAS Online based on brokerage charge on equity delivery, equity intraday, equity futures, equity options, currency futures, currency options & commodity trading, etc. SAS Online doesn’t charge minimum brokerage but SMC Global has minimum brokerage expenditure.
| Particulars | SAS Online | SMC Global |
| Plan Name | Max INR.9 Per Order Trading Plan | Standard Trading Plan (Percentage Based) |
| Equity Delivery | 0.1% or INR.9 whichever is lower | 0.3% or 30 paisa |
| Equity Intraday | 0.01% or INR.9 whichever is lower | 0.03% or 3 paisa |
| Equity Futures | 0.01% or INR.9 whichever is lower | 0.03% or 3 paisa |
| Equity Options | Flat Fee INR.9 | INR.70 Per Lot |
| Currency Futures | 0.01% or INR.9 whichever is lower | 0.03% or 3 paisa |
| Currency Options | Flat Fee INR.9 | INR.20 Per Lot |
| Commodity Trading | Flat Fee INR.9 | 0.03% or 3 paisa |
| Minimum Brokerage | NIL | INR.25 per trade or 2.5% of the trade value whichever is lower |
| Hidden Charges | No | Info Not Available |
| Funding | Yes – 18% interest PA | Yes – 18% interest PA |
| Call & Trade Charges | INR.20 per executed Order | Free |
Also Read: SAS Online Brokerage Calculator Online
Relative Assessment on Transaction Charge:
Here we have discussed both SMC Global & SAS Online on transaction charges of equity delivery, equity intraday, equity futures, equity options, currency futures & currency options. The details are furnished below:
| Particulars | SAS Online | SMC Global |
| Equity Delivery | INR.325 Per Cr | INR.325 Per Cr |
| Equity Intraday | INR.325 Per Cr | INR.325 Per Cr |
| Equity Futures | INR.250 Per Cr | INR.190 Per Cr |
| Equity Options | INR.6500 Per Cr | INR.5000 Per Cr |
| Currency Futures | INR.165 Per Cr | INR.110 Per Cr |
| Currency Options | INR.6000 Per Cr | INR.4000 Per Cr |
| Commodity | Non-Agri: INR.360 Per Cr Agri: INR.275 Per Cr | Non-Agri: INR.260 Per Cr Agri: INR.175 Per Cr |
Relative Assessment on Account Feature:
Several account features are needed to operate a trading a ccount. Comparing SMC Global & SAS Online based on account feature we get the below-mentioned details:
| Particulars | SAS Online | SMC Global |
| 3 in 1 Account | 🗷 | 🗷 |
| Charting | 🗹 | 🗹 |
| Algo Trading | 🗹 | 🗹 |
| SMS Alerts | 🗷 | 🗹 |
| Online Demo | 🗹 | 🗹 |
| Online Portfolio | 🗷 | 🗹 |
| Margin Trading Funding Available | 🗷 | 🗹 |
| Combined Ledger for Equity and Commodity | 🗹 | 🗹 |
| Intraday Square-off Time | 3:15 PM | 3:15 PM |
| NRI Trading | 🗷 | 🗹 |
SMC Global Vs SAS Online Trading Terminal:
In this age of technology safe secure and fater trading terminal is required to fulfill the need of investors. Both SAS Online & SMC offer different terminals to attract customers. Details of those terminals are discussed below:
| Particulars | SAS Online | SMC Global |
| Desktop Trading Platform | Alpha Trader | ODIN Diet |
| Desktop Platform (Windows) | 🗹 | 🗹 |
| Desktop Platform (Mac) | 🗷 | 🗷 |
| Web Trading Platform | 🗹 | 🗹 |
| Web Trading Detail | alpha.sasonline.in | trade.smcindiaonline.com/easytrade |
| Mobile Site | 🗹 | 🗹 |
| Mobile Trading | 🗹 | 🗹 |
| Mobile Trading App | Alpha Mobile | SMCEasyTrade |
| Android Mobile App | 🗹 | 🗹 |
| iPhone Mobile App (IOS) | 🗹 | 🗹 |
| Android Tablet App | 🗹 | 🗹 |
| iPad App (IOS) | 🗹 | 🗹 |
| Trading Software Charges | Free | Free |
Relative Assessment on Investment Offering:
Both SAS Online & SMC Global offers a large variety of products to their customer. But SAS Online doesn’t offer to trade in Mutual funds, bonds, IPOs, and banking.
| Particulars | SAS Online | SMC Global |
| Equity Cash and F&O facility | 🗹 | 🗹 |
| Currency Derivatives facility | 🗹 | 🗹 |
| Commodity service | 🗹 | 🗹 |
| Online IPO Application | 🗷 | 🗷 |
| Mutual Funds facility | 🗷 | 🗹 |
| Bond / NCD service | 🗷 | 🗹 |
| ETF facility | 🗹 | 🗹 |
| Banking facility | 🗷 | 🗷 |
| Insurance facility | 🗷 | 🗹 |
| Forex facility | 🗷 | 🗷 |
| MF SIP Investment | 🗷 | 🗹 |
| Equity SIP Investment | 🗷 | 🗷 |
| PMS Service | 🗷 | 🗹 |
| Other Investment Options | NIL | Insurance |
SMC Global Vs SAS Online Leverage/Margin
Based on leverage we here compared SMC Global and SAS online. The information mentioned below:
| Particulars | SAS Online | SMC Global |
| Equity Delivery Margin | Maximum 1x Margin on Equity Delivery, Equity Plus – Maximum 4x Margin. | Maximum 3x leverage for equity delivery – through Margin Funding method. |
| Equity Intraday Margin | Maximum 10x or 10% subject to Variable and ELM. | Maximum 10x or 10% subject to Variable and ELM. |
| Futures Margin | 1x or the particular SPAN + leverage. | 1x or the particular SPAN + leverage. |
| Options Margin | 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share. | 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share. |
| Equity CO Margin | Maximum 10x or 10% subject to Variable and ELM, no further leverage charges are included for Cover Order. | Maximum 10x or 10% subject to Variable and ELM, no further leverage charges are included for Cover Order. |
| Futures CO Margin | 1x or the particular SPAN + Exposure margin, No further leverage charges are included for Futures Cover Order. | 1x or the particular SPAN + Exposure margin, No further leverage charges are included for Futures Cover Order. |
| Options CO Margin | 1x or the particular SPAN + Exposure margin (Selling a share) or Premium Margin (Buying a share), No further leverage charges are included for Options Cover Order. | 1x or the particular SPAN + Exposure margin (Selling a share) or Premium Margin (Buying a share), No further leverage charges are included for Options Cover Order. |
| Commodity Margin | 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share. | 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share. |
Also Read: SAS Online Margin Calculator Online
Relative Assessment on Customer Support:
SMC Global and SAS online are hereby compared based on customer assistance. Both organizations offer different ways for customers to solve their issues.
| Particulars | SAS Online | SMC Global |
| 24/7 Customer Service | 🗷 | 🗷 |
| Email Support | 🗹 | 🗹 |
| Online Live Chat | 🗷 | 🗷 |
| Phone Support | 🗹 | 🗹 |
| Toll-Free Number | 🗷 | 🗹 |
| Through Branches | 🗷 | 🗹 |
| Customer Care Number | 011-40409999, 011-40409900 | 91-11-66075200 |
| Account Opening Process | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] |
| Knowledge Centre/ Education | sasonline.freshdesk.com/support/home | smctradeonline.com/research/new-letters |
| Head Office Address | SAS Online, 3rd Floor, Building No. 5, Local Shopping Complex, Rishabh Vihar East Delhi – 110092 | SMC Global Securities Ltd 11/6B, Shanti Chamber Pusa Road, New Delhi – 110005 |
| Website | sasonline.in | smctradeonline.com |
DEMAT Account Offering:
Some companies offer this service for free also. Comparing SMC Global and SAS online based on DEMAT account features we get the below-mentioned details:
| Particulars | SAS Online | SMC Global |
| DP Source | NSDL | CDSL |
| DP ID | NSDL – IN3 | 19100 |
| DEMAT AMC | INR.200 | INR.250 pa |
| Advance Deposit | Nil | AMC will be charged in advance. |
| Statutory charges | Nil | Stamp Paper Charges |
| Transaction Charges on Debit (Per ISIN) | INR.9 + NSDL Charges | INR.12 |
| DEMAT | INR.2 per certificate + INR.35 courier charges | INR.3 per certificate + courier charges |
| REMAT | 0.05% of transaction value or INR.25 whichever is higher + CDSL charges | INR.20 for every hundred securities + courier charges |
| Pledge Creation | INR.15 per transaction | INR.50 per instruction |
| Pledge Creation Confirmation | Nil | INR.50 per instruction |
| Pledge Closure | Nil | INR.25 per instruction |
| Pledge Closure Confirmation | Nil | INR.25 per instruction |
| Pledge Invocation | INR.50 per instruction | INR.25 per instruction |
| Failed Instruction Charges | INR.30 | INR.20 |
| Other Charges | Nil | Nil |
Also Read:
Conclusion:
Finally, we can say that SMC Global (full service broker) has a huge offering for its customers. But SAS online (discount broker) offers the lowest charge to its customer. Still, it should be kept in mind that individual investors should opt the broker between SMC Global and SAS Online, as per his need only.
