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:
- Offers direct mutual fund investment using their portal for free.
- In association with IDFC, it provides 3-in-1 account facilities.
- The trading terminal is best among all the other market competitors.
- It provides the best quality of customer support.
- Facilitate free fund transfer using UPI.
SAS Online:
- NRI trading facility is not available.
- IPO, Mutual Fund & Bond trading not available.
- A different monthly type plan is available.
- The lowest trading plan offered by SAS Online.
- Marginal trading facility available.
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.
Overview | Zerodha | SAS Online |
Organization Type | Private | Private |
Broker Category | Discount Broker | Discount Broker |
Based on | Bangalore, India | New Delhi, Delhi |
Founded by | Nithin Kamath | Shrey Jain & Siddharth Jain |
Commenced on | 2010 | 2013 |
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 Ratings | Zerodha | SAS Online |
Experience | 5.7/10 | 6.0/10 |
Products & Services | 8.5/10 | 6.5/10 |
Brokerage Charges & Fees | 9.5/10 | 5.0/10 |
Stock Research & Advisory | 4.0/10 | 5.0/10 |
Trading Platforms | 9.0/10 | 5.0/10 |
Overall Ratings | 7.4/10 | 5.5/10 |
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 Services | Zerodha | SAS Online |
Depository Source | CDSL | CDSL & NSDL |
Account Opening Charges | Rs.300 | Free |
Demat AMC Charges | Rs.300 per Annum | Rs.300 per Annum |
Trading AMC Charges | Free | Free |
Margin Money | Zero | Zero-Margin |
Offline to Online | No | ✔ |
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 & Fees | Zerodha Brokerage | SAS Online Brokerage |
Equity Delivery Trading | Zero | Rs.9 per executed order |
Equity Intraday Trading | Rs.20 | Rs.9 per executed order |
Commodity Options Trading | Rs.20 | Rs.9 per executed order |
Equity Futures Trading | Rs.20 | Rs.9 per executed order |
Equity Options Trading | Rs.20 per Lot | Rs.9 per executed order |
Currency Futures Trading | Rs.20 | Rs.9 per executed order |
Currency Options Trading | Rs.20 per Lot | Rs.9 per executed order |
Minimum Brokerage | Zero | Rs.9 per executed order |
Demat AMC Charges | Rs.300 per Annum | Rs.300 |
Trading AMC Charges | Free | Free |
Margin Money | Zero | Zero-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 Charges | Zerodha | SAS Online |
Transaction Charges | 0.00325% of Total Turnover | 0.00295% of Total Turnover |
STT | 0.0126% of Total Turnover | 0.0126% of Total Turnover |
SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover |
Stamp Duty | Depends on State (very minimal) | Depends on State (very minimal) |
GST | 18% 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.
Offers | Zerodha | SAS 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.
Services | Zerodha | SAS Online |
Demat Services | ✔ | ✔ |
Trading Services | ✔ | ✔ |
3 in 1 Account | ✖ | ✖ |
Intraday Services | ✔ | ✔ |
IPO Services | ✔ | ✔ |
Stock Recommendations | ✖ | ✖ |
Robo Advisory | ✖ | ✖ |
PMS | ✖ | ✖ |
Trading Institution | ✖ | ✖ |
Trading Exposure | Maximum 28x | Maximum 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 & Advisory | Zerodha | SAS 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 / Leverage | Zerodha Margin | SAS Online Margin |
Equity Delivery | Maximum 20x | Maximum 2X |
Equity Intraday | Maximum 28x | Maximum 7X |
Equity Futures | Maximum 15x | Maximum 3X |
Equity Options | Maximum 8x | Maximum 6X |
Currency Futures | Maximum 12x | Maximum 1X |
Currency Options | Maximum 8x | Maximum 3X |
Commodities | Maximum 17x | Maximum 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.
Products | Zerodha | SAS 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 Platforms | Zerodha | SAS 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 Support | Zerodha | SAS Online |
Dedicated Dealer | ✖ | ✖ |
Offline Trading | ✖ | ✖ |
Online Trading | ✔ | ✔ |
24*7 Support | ✔ | ✖ |
Email Support | ✔ | ✔ |
Chat Support | ✔ | ✖ |
Toll-Free Number | ✖ | ✖ |
Branches | Zero | No Branch |
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) | Zerodha | SAS Online |
Lodged in BSE | 120 | 29 |
Resolved in BSE | 117 | 27 |
Lodged in NSE | 89 | 41 |
Resolved in NSE | 85 | 38 |
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.