Zerodha Vs SAS Online Comparison – Which is Better?

Zerodha Vs SAS Online – Comparison

Both Zerodha and SAS Online offer various facilities and trading products to their traders. When an individual trader is going to choose one of them, then he needs to understand & analyze them relatively.

It will lead him to a better decision making ability. Here we have compared Zerodha vs SAS Online to highlight the areas where the investor needs to know & analyze more. 

Zerodha is the largest discount broker of India for providing the best online trading platform, high exposure in exchange for low brokerage, free mutual fund investment (using the platform) and a lot more.

Based on Bangalore it has 9lakhs customer base, 22 branch offices, 94 associate office, and 6 support-call & trade offices. 

On the other hand, SAS Online (South Asian Stocks Ltd.) incorporated in 2013 as a discount broking organization.

It has its depository participant service. It also has brokerage plan options. SAS Online doesn’t have any NRI trading facility also.

Notable Points: 

Zerodha: 

  1. Offers direct mutual fund investment using their portal for free. 
  2. In association with IDFC, it provides 3-in-1 account facilities. 
  3. The trading terminal is best among all the other market competitors.
  4. It provides the best quality of customer support.
  5. Facilitate free fund transfer using UPI.

SAS Online: 

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

Comparison of Overall Company Details: 

Comparing Zerodha vs SAS Online based on overall customer service we derived the below-mentioned details. Here we have compared both the brokers considering the type of organization, broker type, originated location, establishment year & name of the founder.

OverviewZerodhaSAS Online
Organization TypePrivatePrivate
Broker CategoryDiscount BrokerDiscount Broker
Based on Bangalore, IndiaNew Delhi, Delhi
Founded by Nithin KamathShrey Jain & Siddharth Jain
Commenced on20102013

Comparison on Customer Ratings:

Comparing Zerodha vs SAS Online based on Customer Ratings we get this information.

Here we can see that regarding experience & research work, SAS Online is leading but in the remaining segments such as products, services, brokerage charges & platforms Zerodha is winning the race.

Customer RatingsZerodhaSAS Online
Experience5.7/106.0/10
Products & Services8.5/106.5/10
Brokerage Charges & Fees9.5/105.0/10
Stock Research & Advisory4.0/105.0/10
Trading Platforms9.0/105.0/10
Overall Ratings7.4/105.5/10
Star Ratings★★★★★★★★☆☆

Zerodha Vs SAS Online AOC & AMC: 

Here we have compared Zerodha vs SAS Online based on account opening charge & account maintenance charge.

Here we can see from the below contrast that SAS Online provides free AMC on trading accounts & free account opening. Whereas, Zerodha provides free trading AMC only.

Demat ServicesZerodhaSAS Online
Depository SourceCDSLCDSL & NSDL
Account Opening ChargesRs.300Free
Demat AMC ChargesRs.300 per AnnumRs.300 per Annum
Trading AMC ChargesFreeFree
Margin MoneyZeroZero-Margin
Offline to OnlineNo

Compare Brokerage Charge:

Contrasting Zerodha vs SAS Online based on Brokerage Charge we get the below details. Here we can see that SAS Online offers a flat fee-based brokerage charge structure @INR.9/-per order. While Zerodha also offers a flat fee-based brokerage charge @INR.20/-. SAS Online charges a minimum brokerage on executed orders but there is no such minimum brokerage in Zerodha.

Brokerage Charge & FeesZerodha Brokerage SAS Online Brokerage
Equity Delivery TradingZeroRs.9 per executed order
Equity Intraday TradingRs.20Rs.9 per executed order
Commodity Options TradingRs.20Rs.9 per executed order
Equity Futures TradingRs.20Rs.9 per executed order
Equity Options TradingRs.20 per LotRs.9 per executed order
Currency Futures TradingRs.20Rs.9 per executed order
Currency Options TradingRs.20 per LotRs.9 per executed order
Minimum BrokerageZeroRs.9 per executed order
Demat AMC ChargesRs.300 per AnnumRs.300
Trading AMC ChargesFreeFree
Margin MoneyZeroZero-Margin

Comparison on Administrative Charge: 

In terms of Administrative transactional charge, we here compared Zerodha vs SAS Online as below. We can see that both the broker share a similar charge structure.

Other ChargesZerodhaSAS Online
Transaction Charges0.00325% of Total Turnover0.00295% of Total Turnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Zerodha Vs SAS Online Offers: 

Contrasting Zerodha & SAS Online we get the below comparison on offers. We here can see that in terms of offers SAS Online is a step ahead of Zerodha for offering more offers.

OffersZerodhaSAS Online
Free Demat Account
Free Trading Account
Discount on Brokerage
Trading Happy Hours
Flexible Brokerage Plans
1 Month Brokerage Free
Holiday Offers
Referral Offers
Zero Brokerage for Loss Making Trades

Comparison on Services Offered: 

Comparing Zerodha vs SAS Online based on their service offering we derived the below comparison. Several services are offered by these broking companies like Demat services, trading services, IPO services, etc.

ServicesZerodhaSAS Online
Demat Services
Trading Services
3 in 1 Account
Intraday Services
IPO Services
Stock Recommendations
Robo Advisory
PMS
Trading Institution
Trading ExposureMaximum 28xMaximum 7X

Zerodha Vs SAS Online Research & Advisory: 

Contrasting Zerodha vs SAS Online based on their research & advisory offering we received the below comparison. Here we can see in the below table that SAS Online offers some advisory support, where Zerodha doesn’t provide any.

Research & AdvisoryZerodhaSAS Online
Fundamental Reports
Research Reports
Company Reports
Annual Reports
Company Stock Review
Free Stock Tips
IPO Reports
Top Picks
Daily Market Review
Monthly Reports
Weekly Reports
Offline Advisory
Relationship Manager

Zerodha Vs SAS Online Margin: 

Considering Zerodha vs SAS Online based on product-wise leverage we get the below details. Different margin charges are offered by Zerodha and SAS Online.

Exposure / LeverageZerodha MarginSAS Online Margin
Equity DeliveryMaximum 20xMaximum 2X
Equity IntradayMaximum 28xMaximum 7X
Equity FuturesMaximum 15xMaximum 3X
Equity OptionsMaximum 8xMaximum 6X
Currency FuturesMaximum 12xMaximum 1X
Currency OptionsMaximum 8xMaximum 3X
CommoditiesMaximum 17xMaximum 2X

Comparison of Products: 

Comparing Zerodha vs SAS Online based on their product offering we derived the below comparison. We can see in this below comparison that both Zerodha and SAS Online provide similar products to their investors. 

ProductsZerodhaSAS Online
Equity Trading
Commodity Trading
Currency Trading
Options
Futures
Mutual Funds
Forex
Banking
SIP
Insurance

Comparison of Trading Platforms: 

Because of the trading terminal offering of Zerodha vs  SAS Online, we compared them as below.

Trading PlatformsZerodhaSAS Online
Desktop Platform – Windows
Desktop Platform – Mac
Desktop Browser Platform
Mobile Site Platform
Android App Platform
iOS App Platform
Windows App Platform
Other Mobile OS Platform
Real-time Updates
Portfolio Details
Online MF Buy
News Flash
Research Reports
Easy Installation
Global Indices
Stock Tips
Personalized Advisory
Interactive Charts
Live Markets
SMS Alerts
Email Alerts
Multi-Account Management

Comparison on Customer Support: 

Comparing customer assistance, we here have compared Zerodha vs SAS Online as below. We can see from the below chart that Zerodha doesn’t provide dedicated dealers, offline trading (as it is a discount broker). While SAS Online doesn’t facilitate 24×7 support & chat support.

Customer SupportZerodhaSAS Online
Dedicated Dealer
Offline Trading
Online Trading
24*7 Support
Email Support
Chat Support
Toll-Free Number
BranchesZeroNo Branch
sas online demat account

Compare Grievances: 

Both these brokers provide multiple channels to their investors to reach them so that they can support the customers in a better way. Here we compared Zerodha vs SAS Online based on their customer complaint handling in the below table. 

Complaints (Current Year)ZerodhaSAS Online
Lodged in BSE12029
Resolved in BSE11727
Lodged in NSE8941
Resolved in NSE8538
open zerodha demat acc

Conclusion:

Finally, we can conclude that SAS Online (discount broker) has a huge offering for its customers. But Zerodha (discount broker) offers lower charges to its customers. Still, it should be kept in mind that individual investors should opt the broker between Zerodha and SAS Online as per his need only.

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Stockquantum was founded by Dharmendra Mukati in 2018. I am a Trader and Investor in the last 10 years. I am writing here about stock broker review, broker comparison, IPO investment, Crypto currencies, technical analysis, fundamental analysis, sub brokership, mutual fund, personal finance, and our experiences.