Stoxkart VS SAS Online Comparison:
Stoxkart
Stoxkart, which initially started in the Delhi NCR is a huge stock broking firm, providing services to customers in equity, commodity, mutual funds and derivatives.
It’s a part of the SMC group, and is cutting edge in terms of communication technology and assistance. It has a huge active client base and it also provides two apps by the names of Stoxkart Classic and Stoxkart Pro.
It also has a platform called Stoxmf which is specialised for assistance in mutual fund investments.
SAS Online
It was initially started in the year 1992, and recently its business has gone quiet down, and the client base is also quite small.
It provides services in currency, commodity, equity and derivatives under BSE, NSE and MCX. However, their daily turnout is quite huge, accounting to more than 1% of the market value in India.
Now let’s take a closer look at both these companies.
Overview
| Stoxkart | SAS Online | |
| Logo |  |  |
| Website URL | www.stoxkart.com | www. sasonline.in |
| About the broker | Stoxkart, which initially started in the Delhi NCR is a huge stock broking firm, providing services to customers in equity, commodity, mutual funds and derivatives. It’s a part of the SMC group, and is cutting edge in terms of communication technology and assistance. | It was initially started in the year 1992, and recently its business has gone quiet down, and the client base is also quite small. |
| Type of Broker | Discount Broker | Discount Broker |
| Supported Exchange | NSE, BSE, MCX | NSE, BSE, MCX |
| Year of Incorporation | 2019 | 2013 |
| Number of Branches | 2 branches & 12 partner offices | 1 |
Also Read: SAS Online FAQs
Stoxkart & SAS Online Charges
| Stoxkart | SAS Online | |
| Trading Account Opening Fees | ₹500 | ₹200 |
| Trading Account AMC | ₹300 | ₹200 |
| Demat Account Opening Fees | ₹354 | ₹200 |
| Demat Account AMC | ₹300 | ₹200 |
| Demat Account is Mandatory? | No | No |
Stoxkart VS SAS Online Brokerage
Brokerage Plan 1
| Stoxkart Brokerage | SAS Online Brokerage | SAS Online | SAS Online | |
| Fixed Charges | ₹999 | ₹999 | ||
| Account Type | Single Plan | ₹999 Equity Plan- Unlimited Trading | ₹999 MCX Plan- Unlimited Trading | Flat Fee Plan |
| Equity Delivery Brokerage | ₹0 | ₹0 | NA | ₹9 per executed order |
| Equity Intraday Brokerage | ₹15 per executed trade | ₹0 | NA | ₹9 per executed order |
| Equity Futures Brokerage | ₹30 per executed trade | ₹0 | NA | ₹9 per executed order |
| Equity Options Brokerage | ₹30 per executed trade | ₹0 | NA | ₹9 per executed order |
| Currency Options Trading Brokerage | ₹30 per executed trade | NA | NA | ₹9 per executed order |
| Commodity Futures Trading Brokerage | ₹30 per executed trade | NA | ₹0 | NA |
| Commodity Options Trading Brokerage | ₹30 per executed trade | NA | ₹0 | NA |
| Special Offer |
Other Charges
| Stoxkart | SAS Online | |
| Minimum Brokerage Charges | ₹0 | ₹0 |
| Other Brokerage Charges | ₹0 | 0.01% or ₹9 per executed order, whichever is lower |
| Call & Trade Charges | ₹20 per executed trade | ₹20 per trader |
Taxes & other Government Charges
| Stoxkart | SAS Online | |
| Securities Transaction Tax (STT) | 0.0126% of total turnover | Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on exercised options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri) |
| SEBI Charges | ₹15 per Cr. | ₹15 per Cr. |
| Goods and Services Tax (GST) | 18% on brokerage + transaction charges | 18% on brokerage + transaction charges |
| Stamp Duty | As per the Client’s state of correspondence. | As per the Client’s state of correspondence. |
Stoxkart & SAS Online Transaction Charges
| Stoxkart | SAS Online | |
| Equity Delivery | 0.00325% | 0.00325% |
| Equity Intraday | 0.00325% | 0.00325% |
| Equity Futures | 0.0019% | 0.0022% |
| Equity Options | 0.05% | 0.055% |
| Currency Futures | 0.0009% | 0.0012% |
| Currency Options | 0.04% (on premium) | 0.045% |
| Commodity | 0.0005% | Non-Agri: 0.0036% |
Stoxkart or SAS Online Exposure Margin
| Stoxkart | SAS Online | |
| Equity Delivery | 1x (no margin) | |
| Equity Intraday | Up to 25x | 13x to 20x with CO (Intraday), 5x to 9x for MIS (Intraday) |
| Equity Futures | Up to 2.5x | 5x with CO (Intraday), 2x for MIS (Intraday) |
| Equity Options | Up to 7x | 2x for selling 100% premium amount for buying |
| Currency Futures | Up to 2.5x | 2x trading margin |
| Currency Options | Up to 2x | 2x for selling 100% premium amount for buying |
| Commodity Futures | Up to 2.5x | NA |
| Commodity Options |
Also Read: SAS Online Margin Calculator Online
Stoxkart VS SAS Online Feature Comparison
| Stoxkart | SAS Online | |
| 3 in 1 Account | No | No |
| Charting | Yes | Yes |
| SMS Alerts | Yes | Yes |
| Online Demo | No | Yes |
| Online Portfolio | Yes | No |
| Margin Trading Funding Available | Yes | |
| Trading Platform | Stoxkart Desktop | ALPHA Web, ALPHA Trader and ALPHA Mobile (Omnesys NEST) |
| Overall Review | 3.2 /5 | 4.0 / 5 |
Stoxkart VS SAS Online Investment Options
| Stoxkart | SAS Online | |
| Stock / Equity | Yes | Yes |
| Commodity | Yes | Yes |
| Currency | Yes | Yes |
| Initial Public Offers (IPO) | No | No |
| Mutual Funds | No | No |
| Bond / NCD | No | No |
| Debt | No | No |
| Other Investment Options |
Stoxkart or SAS Online Research Report
| Stoxkart | SAS Online | |
| Daily Market Report | No | |
| Free Tips | Yes | No |
| Quarterly Result Analysis | No | No |
| News Alerts | No | No |
Stoxkart VS SAS Online for Investor Type
| Stoxkart | SAS Online | |
| Casual Investor | ||
| Active Investor | Yes | |
| Trader | Yes | Yes |
Stoxkart VS SAS Online Risks & Benefits
| Stoxkart | SAS Online | |
| Benefits | Brokerage fees to be paid only if you earn. Research reports in-detail from SMC. Great intraday exposure. | Unlimited trading available at monthly rates.Free trading software’s.Minimum brokerage is zero. |
| Risks | Trading platforms have to be improved. Costly account opening charges.3 in 1 account not available. | 3 in 1 account not available.No stock research reports or tips available.No Investment options in IPO or Mutual funds.Extra fee is charged for trading software. |
Final words
Thus, this article was aimed to help our readers differentiate between the stock broking services, Stoxkart and SAS Online.
The open market is always full of gambles and risks, so read carefully between the lines of the service policies of the firms and compare extensively before investing.
Whatever be your option, Stoxkart Vs SAS Online, we hope this article helps you making good money.
