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SAS Online Vs Nuvama Wealth: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of SAS Online Max Rs 9/order or 999 PM per trade while the brokerage of Nuvama Wealth Max Rs 10 per trade. Both the brokers are Discount Brokers. SAS Online is having overall higher rating compare to Nuvama Wealth. SAS Online is rated 4 out of 5 where Nuvama Wealth is rated only 3.5 out of 5. Number of active customer for Nuvama Wealth is 1,74,748 where number of active customer for SAS Online is 21,111. Nuvama Wealth is serving more customer compare to SAS Online.

Here we present side-by-side comparison of SAS Online vs Nuvama Wealth share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared SAS Online vs Nuvama Wealth'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 SAS Online vs Nuvama Wealth share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared SAS Online vs Nuvama Wealth'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 SAS Online vs Nuvama Wealth on Service

  SAS Online Compare
SAS Online
Nuvama Wealth Compare
Nuvama Wealth
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 21,111 1,74,748
Broker Overview 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. One of the leading full-service brokerage firms with a long-standing track record since 2008 offering Free Nuvama Wealth Demat & Trading account + Trade at Rs. 10 flat brokerage charges + free experts research & advisory + Get access to the i...Know more about Nuvama Wealth
Broker Enquiry Request call back from Zerodha Request call back from Nuvama Wealth
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Account Opening Charges and AMC

Compare SAS Online vs Nuvama Wealth on Trading & Demat Account Opening Charges

Comparison of SAS Online with Nuvama Wealth on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth offer Free account opening where SAS Online charges Equity: Rs 200 and Commodity: Rs 200 for account opening. Demat AMC charges - SAS Online charges Rs 200 AMC for Demat account where Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SAS Online with Nuvama Wealth
Charges SAS Online Nuvama Wealth
Trading Account Opening Fees Equity: Rs 200 and Commodity: Rs 200 Free
Trading AMC Free Free
Demat Account Opening Fees Rs 200 Free
Demat AMC Rs 200 Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SAS Online vs Nuvama Wealth on Plan Options

Plans are the most important feature you look when compare SAS Online with Nuvama Wealth. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - SAS Online provide Monthly Plans where Nuvama Wealth doesn't offer

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

Account Opening

  Zerodha Nuvama Wealth
Account Opening Request
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Brokerage Charges

Compare SAS Online vs Nuvama Wealth on Brokerage Charges

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.

Nuvama Wealth Brokerage Plan detail - This plan is available to Online users only. With this plan, Nuvama Wealth is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.

Brokerage Charges - Compare SAS Online with Nuvama Wealth
Brokerage Charges Compare SAS Online Nuvama Wealth
Plan Name Max Rs 9 Per Order Trading Plan Nuvama Lite
Equity Delivery 0.1% or Rs 9 whichever is lower Flat Rs. 10 per executed order
Equity Intraday 0.01% or Rs 9 whichever is lower Flat Rs. 10 per executed order
Equity Futures 0.01% or Rs 9 whichever is lower Flat Rs. 10 per executed order
Equity Options Flat Fee Rs 9 Flat Rs. 10 per executed order
Currency Futures 0.01% or Rs 9 whichever is lower Flat Rs. 10 per executed order
Currency Options Flat Fee Rs 9 Flat Rs. 10 per executed order
Commodity Trading Flat Fee Rs 9 0.01%
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Yes - 24% interest PA
Call & Trade Charges Rs 20 per executed Order Rs 20 per call
Auto Square off Charges Rs 20 per executed Order Rs 20
Brokerage Calculator Brokerage Calculator for SAS Online Brokerage Calculator for Nuvama Wealth
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Share Broker's Transaction Charges

Compare SAS Online vs Nuvama Wealth on Transaction Charges

Compare SAS Online with Nuvama Wealth on transaction charges and PCM fee by segment.

Transaction Charges - Compare SAS Online with Nuvama Wealth
Transaction Charges Compare SAS Online Nuvama Wealth
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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for sasonline Complete Brokerage Plans for nuvama-wealth
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Account Features

Compare SAS Online vs Nuvama Wealth on Account Features

Compare SAS Online with Nuvama Wealth on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Nuvama Wealth offers a margin funding where SAS Online doesn't offers margin funding. NRI Trading - Nuvama Wealth offers NRI where SAS Online doesn't offers NRI Trading.

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

Compare SAS Online vs Nuvama Wealth on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SAS Online and Nuvama Wealth. 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 SAS Online with Nuvama Wealth
Trading Platform Compare SAS Online Nuvama Wealth
Desktop Trading Platform Alpha Trader Xtreme Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://alpha.sasonline.in/ https://tlounge.edelweiss.in/Login
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Alpha Mobile Nuvama Mobile Trader
Mobile Trading App Demo Alpha Mobile Demo Nuvama Mobile Trader Demo
Android Mobile App Yes Yes
Android App Download Andriod Alpha Mobile Download Andriod Nuvama Mobile Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Alpha Mobile Download iOS Nuvama Mobile Trader 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 SAS Online Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth
Futures Brokerage Calculator Futures Brokerage Calculator for SAS Online Futures Brokerage Calculator for Nuvama Wealth
Options Brokerage Calculator Options Brokerage Calculator for SAS Online Options Brokerage Calculator for Nuvama Wealth
Detail Detail on Trading Platforms for sasonline Detail on Trading Platforms for nuvama-wealth

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Broker Ratings by Users

Compare SAS Online vs Nuvama Wealth on User Rating

  SAS Online Nuvama Wealth
  13 Customer Reviews    Rate SAS Online 4 Customer Reviews    Rate Nuvama Wealth
Fees Ratings 3.5 2.8
Trading Brokerage Rating 4.7 3.0
Trading Platform Usability 4.1 3.5
Customer Service Ratings 4.5 1.8
Overall Ratings 4.5 2.0
Broker Rating SAS Online is Rated 4.5 / 5 based on 13 customer reviews Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews
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Investment Offerings

Compare SAS Online vs Nuvama Wealth on Investment Offerings

Compare SAS Online with Nuvama Wealth 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 - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Nuvama Wealth provides PMS Service where SAS Online doesn't offer

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

Compare SAS Online vs Nuvama Wealth on Order Types

Order Type - Compare SAS Online with Nuvama Wealth 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) - SAS Online provide Bracket Orders (BO) where Nuvama Wealth doesn't offer.With the name its cleare 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 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- Both broker doesn't support Good Till Cancelled (GTC) orders.

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

Compare SAS Online vs Nuvama Wealth on Customer Service

Compare SAS Online with Nuvama Wealth 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 SAS Online with Nuvama Wealth
Customer Service Compare SAS Online Nuvama Wealth
24/7 Customer Service SAS Online vs Nuvama Wealth - 24x7 customer support No No
Email Support SAS Online vs Nuvama Wealth - Email Support Yes Yes
Onine Live Chat SAS Online vs Nuvama Wealth - Onine Live Chat No No
Phone Support SAS Online vs Nuvama Wealth - Phone Support Yes Yes
Toll Free Number SAS Online vs Nuvama Wealth - Toll Free Number No Yes
Through Branches SAS Online vs Nuvama Wealth - Through Branches No Yes
Customer Care Number SAS Online vs Nuvama Wealth - Customer Care Number 011- 4040 99 00 1800 102 3335
Account Opening Process SAS Online vs Nuvama Wealth - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email SAS Online vs Nuvama Wealth - Customer Support Email [email protected]/[email protected] [email protected]
Knowledge Center/Education SAS Online vs Nuvama Wealth - Knowledge Center/Education https://www.sasonline.in/market-pulse https://www.nuvamawealth.com/investology
Head Office Address SAS Online vs Nuvama Wealth - Head Office Address/Corporate Address SAS Online,
3rd Floor,Building No. 5,
Local Shopping Complex, Rishabh Vihar
East Delhi - 110092
Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website SAS Online vs Nuvama Wealth - Company Website https://sasonline.in https://www.nuvamawealth.com/
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Tips/Research/Reports Published

Compare SAS Online vs Nuvama Wealth on Research Reports, Tips

Compare SAS Online with Nuvama Wealth on research reports and tips provided by the broker.

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

Compare SAS Online vs Nuvama Wealth on Demat Account

Compare SAS Online with Nuvama Wealth 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 Nuvama Wealth is Free (₹1500 one time charges) where for SAS Online is ₹200. Nuvama Wealth is a better choice in terms of Demat AMC compare to SAS Online.

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 SAS Online is ₹9 + NSDL Charges where for Nuvama Wealth is 0.02% of transaction value or ₹20 per transaction whichever is higher.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 SAS Online with Nuvama Wealth
  SAS Online Nuvama Wealth
DP Source NSDL CDSL
DP ID SAS Online vs Nuvama Wealth - DP ID IN-DP-474- 19100
Demat Account Annual Maintenance Charges(AMC) ₹200 Free (₹1500 one time charges)
Advance Deposit Nil NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹9 + NSDL Charges 0.02% of transaction value or ₹20 per transaction whichever is higher
Demat ₹2 per certificate + ₹35 courier charges ₹2 per certificate + ₹30 courier charges
Remat 0.05% of transaction value or ₹25 whichever is higher + CDSL charges ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges
Pledge Creation ₹15 per transaction 0.02% of transaction value (Min ₹50)
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil 0.02% of transaction value (Min ₹50)
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹50 per instraction 0.02% of transaction value (Min ₹50)
Failed Instruction Charges ₹30 Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare SAS Online vs Nuvama Wealth on Special Offers and Promotion

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

Compare SAS Online vs Nuvama Wealth on Special Offers and Promotion
  SAS Online Nuvama Wealth
Pay In and Pay Out Options SAS Online vs Nuvama Wealth - Pay In and Pay Out Options 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.
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Terminal X3,Nuvama Web,Mobile Trader.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time SAS Online vs Nuvama Wealth - Payout Time Up to 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges SAS Online vs Nuvama Wealth - Bank Supported and Charges Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alpha Platform. Info Not Available
Bank Detail 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
Nuvama Wealth,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
Likes
  • 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...

  • Multiple products; equity, derivatives, IPO, mutual funds, bonds, debt instruments.
  • Trade at Rs 10/order flat brokerage
  • Free Guided Portfolio, an expert-curated basket for investors
  • User-friendly interface of Markets mobile app and TX3 terminal
  • Get free expert research reports and trading tips.
  • Place bracket order, cover order, and GTD order.
  • Investology, is a stock market learning platform for beginners to experts.
  • Margin trading facility.
  • Decent physical presence with branches

Detail Review...

Dislikes
  • 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...

  • NRI trading is not offered.
  • No 3-in-1 account opening services
  • Call & trade and research services are available at additional cost in Lite plan.
  • Brokerage charges are high in the Elite % based pricing plan.

Detail Review...

Special Offers/Promo Get up to 20% on referral bonus, free trading tools.
Enquiry Open Zerodha Account Now>> Open Nuvama Wealth Account Now>>

Last Updated on 2023-09-14T03:49:17+00:00