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IDBI Direct Vs SAS Online: Which one is better?

Both the brokers are registered with SEBI. IDBI Direct offers investmenet in Equity, F&O and Currency only, where SAS Online offers investment in Equity, F&O, Currency and Commodities.. The brokerage of IDBI Direct Max 0.02% to 0.20% per trade while the brokerage of SAS Online ranges between Rs 9/order or 999 PM. IDBI Direct is a Full Service Broker where SAS Online is a Discount Broker. IDBI Direct is having overall lower rating compare to SAS Online. IDBI Direct is rated only 3.5 out of 5 where SAS Online is rated 4 out of 5. Number of active customer for IDBI Direct is 54,478 where number of active customer for SAS Online is 21,121. IDBI Direct is serving more customer compare to SAS Online.

Here we present side-by-side comparison of IDBI Direct vs SAS Online share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared IDBI Direct vs SAS Online's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of IDBI Direct vs SAS Online share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared IDBI Direct vs SAS Online's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare IDBI Direct vs SAS Online on Service

  IDBI Direct Compare
IDBI Direct
SAS Online Compare
SAS Online
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE NSE, BSE, MCX
Active Clients 54,478 21,121
Broker Overview Open an integrated 3-in-1 trading account with IDBI Direct to trade in a hassle-free manner. Multiple platforms for trading across devices, stock trading tips, ideas and research reports, NRI trading, and advisory services are the reasons to choose I... Know more about IDBI Direct SAS Online is one of the popular discount brokers in India with the best pricing plans at flat Rs. 9/order or Rs. 999 unlimited monthly trading plan, and powerful Alpha trading platform with technical charting.
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Account Opening Charges and AMC

Compare IDBI Direct vs SAS Online on Trading & Demat Account Opening Charges

Comparison of IDBI Direct with SAS Online on trading & demat account opening charges and AMC. Trading account opening charges - IDBI Direct offer Free account opening where SAS Online charges Equity: Rs 200 and Commodity: Rs 200 for account opening. Demat AMC charges - IDBI Direct charges Rs 350 PA [Free for 1st year] AMC for Demat account where SAS Online charges Rs 200 AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IDBI Direct with SAS Online
Charges IDBI Direct SAS Online
Trading Account Opening Fees Free Equity: Rs 200 and Commodity: Rs 200
Trading AMC Free Free
Demat Account Opening Fees Free Rs 200
Demat AMC Rs 350 PA [Free for 1st year] Rs 200
Provide DP Service Yes Yes
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About Brokerage Plans

Compare IDBI Direct vs SAS Online on Plan Options

Plans are the most important feature you look when compare IDBI Direct with SAS Online. This section compare on high level about type of plans offered by brokers. Multiple Plans - SAS Online provides Multiple Plans where IDBI Direct doesn't offer. Monthly Plans - SAS Online provides Monthly Plans where IDBI Direct doesn't offer

Compare IDBI Direct with SAS Online on Plan Options
Plan Types IDBI Direct SAS Online
Multiple Plans No Yes
Monthly Plans No Yes
Yearly Plans No No
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Account Opening Request

Account Opening

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Account Opening Request
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Brokerage Charges

Compare IDBI Direct vs SAS Online on Brokerage Charges

IDBI Direct Brokerage Plan detail - IDBI Direct Brokerage Plan

SAS Online Brokerage Plan detail - Rs 9 Per executable plan is good for all types of investors. For Equity intraday 0.01% or Rs 9 whichever is lower and for delivery 0.1% or Rs 9 whichever is lower.

Brokerage Charges - Compare IDBI Direct with SAS Online
Brokerage Charges Compare IDBI Direct SAS Online
Plan Name Flat Brokerage PLan Max Rs 9 Per Order Trading Plan
Equity Delivery 0.20% 0.1% or Rs 9 whichever is lower
Equity Intraday 0.02% 0.01% or Rs 9 whichever is lower
Equity Futures Flat Rs 15 per order 0.01% or Rs 9 whichever is lower
Equity Options Flat Rs 15 per order Flat Fee Rs 9
Currency Futures Flat Rs 15 per order 0.01% or Rs 9 whichever is lower
Currency Options Flat Rs 15 per order Flat Fee Rs 9
Commodity Trading NA Flat Fee Rs 9
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. NIL
Hidden Charges Info Not Available No
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Free Rs 20 per executed Order
Auto Square off Charges NA Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for IDBI Direct Brokerage Calculator for SAS Online
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Share Broker's Transaction Charges

Compare IDBI Direct vs SAS Online on Transaction Charges

Compare IDBI Direct with SAS Online on transaction charges and PCM fee by segment.

Transaction Charges - Compare IDBI Direct with SAS Online
Transaction Charges Compare IDBI Direct SAS Online
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for idbicapital Complete Brokerage Plans for sasonline
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Account Features

Compare IDBI Direct vs SAS Online on Account Features

Compare IDBI Direct with SAS Online on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - IDBI Direct offers 3-in-1 account where SAS Online offers only 2-in-1 account which includes trading and demat account. Algo Trading - SAS Online offers Algo Trading where IDBI Direct doesn't offers Algo Trading. Margin Funding - IDBI Direct offers a margin funding where SAS Online doesn't offers margin funding. NRI Trading - IDBI Direct offers NRI where SAS Online doesn't offers NRI Trading.

Account Features - IDBI Direct with SAS Online
Account Features Compare IDBI Direct SAS Online
3 in 1 Account Yes, IDBI Direct have 3-in-1 accounts. Bank Account, Demat and Trading account. No IDBI Direct have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare IDBI Direct vs SAS Online on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IDBI Direct and SAS Online. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare IDBI Direct with SAS Online
Trading Platform Compare IDBI Direct SAS Online
Desktop Trading Platform Infinity Alpha Trader
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.idbicapital.com/ https://alpha.sasonline.in/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App IDBI Direct Mobile App Alpha Mobile
Mobile Trading App Demo Info Not Available Alpha Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod IDBI Direct Mobile App Download Andriod Alpha Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS IDBI Direct Mobile App Download iOS Alpha Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IDBI Direct Equity Intraday and Delivery Brokerage Calculator for SAS Online
Futures Brokerage Calculator Futures Brokerage Calculator for IDBI Direct Futures Brokerage Calculator for SAS Online
Options Brokerage Calculator Options Brokerage Calculator for IDBI Direct Options Brokerage Calculator for SAS Online
Detail Detail on Trading Platforms for idbicapital Detail on Trading Platforms for sasonline

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Broker Ratings by Users

Compare IDBI Direct vs SAS Online on User Rating

  IDBI Direct SAS Online
  31 Customer Reviews    Rate IDBI Direct 13 Customer Reviews    Rate SAS Online
Fees Ratings 3.0 3.5
Trading Brokerage Rating 2.5 4.7
Trading Platform Usability 2.6 4.1
Customer Service Ratings 2.7 4.5
Overall Ratings 2.7 4.5
Broker Rating IDBI Direct is Rated 2.7 / 5 based on 31 customer reviews SAS Online is Rated 4.5 / 5 based on 13 customer reviews
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Investment Offerings

Compare IDBI Direct vs SAS Online on Investment Offerings

Compare IDBI Direct with SAS Online on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - SAS Online offers trading options in Commodity (MCX) where IDBI Direct doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare IDBI Direct with SAS Online
Investment Offerings Compare IDBI Direct SAS Online
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking Yes No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare IDBI Direct vs SAS Online on Order Types

Order Type - Compare IDBI Direct with SAS Online on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- IDBI Direct offers Good Till Cancelled (GTC) orders where SAS Online doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare IDBI Direct with SAS Online
Order Type Compare IDBI Direct SAS Online
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare IDBI Direct vs SAS Online on Customer Service

Compare IDBI Direct with SAS Online on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare IDBI Direct with SAS Online
Customer Service Compare IDBI Direct SAS Online
24/7 Customer Service IDBI Direct vs SAS Online - 24x7 customer support No No
Email Support IDBI Direct vs SAS Online - Email Support Yes Yes
Onine Live Chat IDBI Direct vs SAS Online - Onine Live Chat No No
Phone Support IDBI Direct vs SAS Online - Phone Support Yes Yes
Toll Free Number IDBI Direct vs SAS Online - Toll Free Number Yes No
Through Branches IDBI Direct vs SAS Online - Through Branches Yes No
Customer Care Number IDBI Direct vs SAS Online - Customer Care Number 022-3913 5001 011- 4040 99 00
Account Opening Process IDBI Direct vs SAS Online - Account Opening Process Info Not Available Online/Paperless
Customer Support Email IDBI Direct vs SAS Online - Customer Support Email [email protected] [email protected]/[email protected]
Knowledge Center/Education IDBI Direct vs SAS Online - Knowledge Center/Education Info Not Available https://www.sasonline.in/market-pulse
Head Office Address IDBI Direct vs SAS Online - Head Office Address/Corporate Address Info Not Available SAS Online,
3rd Floor,Building No. 5,
Local Shopping Complex, Rishabh Vihar
East Delhi - 110092
Website IDBI Direct vs SAS Online - Company Website https://www.idbidirect.in/ https://sasonline.in
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Tips/Research/Reports Published

Compare IDBI Direct vs SAS Online on Research Reports, Tips

Compare IDBI Direct with SAS Online on research reports and tips provided by the broker.

Research Reports - Compare IDBI Direct with SAS Online
  IDBI Direct SAS Online
Research Mutual Funds IDBI Direct vs SAS Online - Research Mutual Funds Yes No
Research Equity Reports IDBI Direct vs SAS Online - Research Equity Reports Yes No
Research ETF IDBI Direct vs SAS Online - Research ETF Yes No
Daily Market Report IDBI Direct vs SAS Online - Daily Market Report Yes No
Free Tips IDBI Direct vs SAS Online - Free Tips Yes No
Quarterly Result Analysis IDBI Direct vs SAS Online - Quarterly Results Yes No
News Alerts IDBI Direct vs SAS Online - Yes No
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Demat Account

Compare IDBI Direct vs SAS Online on Demat Account

Compare IDBI Direct with SAS Online on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for SAS Online is ₹200 where for IDBI Direct is ₹350 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for IDBI Direct is 0.04% of transaction value or ₹30 whichever is higher + CDSL charges where for SAS Online is ₹9 + NSDL Charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare IDBI Direct with SAS Online
  IDBI Direct SAS Online
DP Source CDSL NSDL
DP ID IDBI Direct vs SAS Online - DP ID No IN-DP-474-
Demat Account Annual Maintenance Charges(AMC) ₹350 pa ₹200
Advance Deposit NO Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value or ₹30 whichever is higher + CDSL charges ₹9 + NSDL Charges
Demat ₹5 per certificate + ₹30 courier charges ₹2 per certificate + ₹35 courier charges
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹25 courier charges 0.05% of transaction value or ₹25 whichever is higher + CDSL charges
Pledge Creation 0.05% of transaction value or ₹50 whichever is higher ₹15 per transaction
Pledge Creation Confirmation Nil Nil
Pledge Closure 0.0002% of transaction value or ₹25 whichever is higher Nil
Pledge Closure Confirmation 0.0002% of transaction value or ₹25 whichever is higher Nil
Pledge Invocation 0.0015% of transaction value or ₹25 whichever is higher ₹50 per instraction
Failed Instruction Charges Nil ₹30
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare IDBI Direct vs SAS Online on Special Offers and Promotion

Compare IDBI Direct with SAS Online on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare IDBI Direct vs SAS Online on Special Offers and Promotion
  IDBI Direct SAS Online
Pay In and Pay Out Options IDBI Direct vs SAS Online - Pay In and Pay Out Options Info Not Available Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking/Payment Gateway from ALPHA Web, Mobile App or Desktop Platform.
Pay-out/Fund Withdrawal - Primary Bank Transfer only.
Payout Time IDBI Direct vs SAS Online - Payout Time Info Not Available Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges IDBI Direct vs SAS Online - Bank Supported and Charges Info Not Available Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alpha Platform.
Bank Detail Info Not Available South Asian Stocks Ltd.,
Account Number:SASONL37242
Bank and Branch: G-3-4, Suryakiran Building, 19 , Kasturba Gandhi Marg, New Delhi-110001
Account Type: Current Account
IFSC Code:HDFC0000003
Likes
  • 3-in-1 account opening.
  • Zero brokerage for the first 3 months.
  • Zero AMC for the first year.
  • Competitive brokerage
  • Paperless investment in mutual funds.
  • Equity SIP facility in shares (Amount based SIP and quantity-based SIP).
  • Leverage/margin trading with E-margin.
  • Encash – BSE feature to instantly get sale proceeds.
  • Dealer-assisted trading and free call & trade
  • Place aftermarket order, bracket order, and cover order.
  • Place Good Till Date (GTD)
  • Buy today Sell Tomorrow (BTST)

Detail Review...

  • Trading in stocks, derivatives, currency, and commodities.
  • Instant paperless account opening.
  • No prior commitments at Rs. 0 hidden fees.
  • Lowest Demat AMC.
  • Cheapest brokerage at just Rs. 9/order.
  • Monthly zero brokerage unlimited trading plan.
  • Apply for IPOs online using UPI.
  • ALPHA (web, app, and desktop) with technical charts and rich technical indicators.
  • Alpha Report Back Office portal to get comprehensive reports (P&L, contract note, trade, etc.)
  • Free API Bridge for algo trading.
  • Execute cover orders, bracket orders, and aftermarket orders.
  • Online brokerage calculator.
  • Get the latest news & updates on the Market Pulse.

Detail Review...

Dislikes
  • Does not offer commodity trading.
  • The user interface of the trading platforms can be improved.
  • Customer service needs a lot of improvement.

Detail Review...

  • No 3-in-1 account offering.
  • Direct mutual funds are not available.
  • Good Till Date (GTD) order is not offered.
  • NRI cannot open account at SAS Online.
  • No trading tips and research

Detail Review...

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Last Updated on 2023-08-21T03:25:00+00:00