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SMC Global Vs SAS Online Comparison – Side by Side Compare

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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: 

  1. No 3-in -1 account.
  2. Margin Trading facility available.
  3. Multiple trading options.
  4. Research & advisory support is there. 
  5. Mobile trading facility not available for NSE trading. 

SAS Online: 

  1. NRI trading not available.
  2. IPO, Mutual Fund & Bond trading not available.
  3. A different monthly plan is available.
  4. The lowest trading plan offered by SAS Online.
  5. 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. 

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 Star out of 5SAS OnlineSMC Global
Overall Rating★★★★★★★
Brokerage Charges Rating★★★★★★★
Trading Platform Rating★★★★★★★
Investments Offering Rating★★★★★★★
Customer Service Rating★★★★★★★
Broker Type Discount BrokerFull-Service Broker
SE Supported NSE, BSE, and MCXNSE, BSE, MCX, NCDEX
SMC Global vs SAS Online Review

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. 

ChargesSAS OnlineSMC Global
Trading AOFINR. 200INR.1000
Trading AMCFreeFree
DEMAT AOFINR. 200Free
DEMAT AMCFreeINR.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 TypesSAS OnlineSMC 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. 

ParticularsSAS OnlineSMC Global
Plan NameMax INR.9 Per Order Trading PlanStandard Trading Plan (Percentage Based)
Equity Delivery0.1% or INR.9 whichever is lower0.3% or 30 paisa
Equity Intraday0.01% or INR.9 whichever is lower0.03% or 3 paisa
Equity Futures0.01% or INR.9 whichever is lower0.03% or 3 paisa
Equity OptionsFlat Fee INR.9INR.70 Per Lot
Currency Futures0.01% or INR.9 whichever is lower0.03% or 3 paisa
Currency OptionsFlat Fee INR.9INR.20 Per Lot
Commodity TradingFlat Fee INR.90.03% or 3 paisa
Minimum BrokerageNILINR.25 per trade or 2.5% of the trade value whichever is lower
Hidden ChargesNoInfo Not Available
FundingYes – 18% interest PAYes – 18% interest PA
Call & Trade ChargesINR.20 per executed OrderFree

Also Read: SAS Online Brokerage Calculator Online

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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: 

ParticularsSAS OnlineSMC Global
Equity DeliveryINR.325 Per CrINR.325 Per Cr
Equity IntradayINR.325 Per CrINR.325 Per Cr
Equity FuturesINR.250 Per CrINR.190 Per Cr
Equity OptionsINR.6500 Per CrINR.5000 Per Cr
Currency FuturesINR.165 Per CrINR.110 Per Cr
Currency OptionsINR.6000 Per CrINR.4000 Per Cr
CommodityNon-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: 

ParticularsSAS OnlineSMC 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 Time3:15 PM3:15 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: 

ParticularsSAS OnlineSMC Global
Desktop Trading PlatformAlpha TraderODIN Diet
Desktop Platform (Windows)🗹🗹
Desktop Platform (Mac)🗷🗷
Web Trading Platform🗹🗹
Web Trading Detailalpha.sasonline.intrade.smcindiaonline.com/easytrade
Mobile Site🗹🗹
Mobile Trading🗹🗹
Mobile Trading AppAlpha MobileSMCEasyTrade
Android Mobile App🗹🗹
iPhone Mobile App (IOS)🗹🗹
Android Tablet App🗹🗹
iPad App (IOS)🗹🗹
Trading Software ChargesFreeFree

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. 

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ParticularsSAS OnlineSMC 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 OptionsNILInsurance

SMC Global Vs SAS Online Leverage/Margin

Based on leverage we here compared SMC Global and SAS online. The information mentioned below: 

ParticularsSAS OnlineSMC 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. 

ParticularsSAS OnlineSMC Global
24/7 Customer Service 🗷🗷
Email Support 🗹🗹
Online Live Chat 🗷🗷
Phone Support 🗹🗹
Toll-Free Number 🗷🗹
Through Branches 🗷🗹
Customer Care Number 011-40409999, 011-4040990091-11-66075200
Account Opening Process Online/PaperlessOnline/Paperless
Customer Support Email [email protected][email protected]
Knowledge Centre/ Education sasonline.freshdesk.com/support/homesmctradeonline.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.insmctradeonline.com
sas online demat account

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 OnlineSMC Global
DP SourceNSDLCDSL
DP ID NSDL – IN319100
DEMAT AMCINR.200INR.250 pa
Advance DepositNilAMC will be charged in advance.
Statutory chargesNilStamp Paper Charges
Transaction Charges on Debit (Per ISIN)INR.9 + NSDL ChargesINR.12
DEMATINR.2 per certificate + INR.35 courier chargesINR.3 per certificate + courier charges
REMAT0.05% of transaction value or INR.25 whichever is higher + CDSL chargesINR.20 for every hundred securities + courier charges
Pledge CreationINR.15 per transactionINR.50 per instruction
Pledge Creation ConfirmationNilINR.50 per instruction
Pledge ClosureNilINR.25 per instruction
Pledge Closure ConfirmationNilINR.25 per instruction
Pledge InvocationINR.50 per instructionINR.25 per instruction
Failed Instruction ChargesINR.30INR.20
Other ChargesNilNil

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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.

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