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SAS Online Brokerage, Brokerage Plans, Other Charges, Leverage & Margin 2019

SAS Online has very a simple pricing structure. They offer maximum for Rs.9 for Delivery, intraday equity, F&O, and commodity trades with up to 20X leverage in Equity cash and 5X leverage on NFO & MCX Margin against your shares. Their brokerage calculator makes it quite easy to calculate charges.

SAS Online Equity Brokerage Plans 2019

To attract both active and casual traders SAS Online has fix monthly plan as well as pay per trade plans. SAS Online's- Rs 9 per trade [Rs 9 per executed order/0.01 % whichever is lower] brokerage is the lowest amongst discount brokers with its competitors having RKSV(Rs 20), Zerodha (Rs 20) and Trade Smart Online (Rs 15).

SAS Online Rs 9 per Trade plan is charging on each executed order, not for each trade.

SAS Online Unlimited Monthly fee plans are

  • SAS Online's Rs 999 Equity Plan - Rs 999 unlimited monthly plan to trade in NSE,BSE Cash and F&O with zero brokerage.Upto 20X leverage in Equity cash and 5X leverage on NFO & MCX.
  • SAS Online's Rs 999 MCX Plan - Rs 999 MCX plan to trade in commodity for full month.Upto 20X leverage in Equity cash and 5X leverage on NFO & MCX.
  • SAS Online's Rs.499 Currency Plan: Unlimited trading in currency derivatives by opting for the "499 unlimited currency plan." Upto 20X leverage in Equity cash and 5X leverage on NFO & MCX.

SAS Online Equity Trading Charges 2019

Charges Equity Delivery Equity Intraday
Brokerage 0.01% or Rs.9/Trade whichever is lower 0.01% or Rs.9/Trade whichever is lower
STT 0.1% ON BOTH Buy & Sell 0.025% On the Sell side
Transaction / Turnover charges NSC : 0.00325%, BSE ₹ 1.5 each on buy trade & sell trade NSC : 0.00325%, BSE ₹ 1.5 each on buy trade & sell trade
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

SAS Online F&O Trading Charges 2019

Charges Equity Future Equity Options
Brokerage 0.01% or Rs.9/Trade whichever is lower 0.01% or Rs.9/Trade whichever is lower
STT 0.01% On the Sell side 0.017% On the Sell side (ON PREMIUM)
Transaction / Turnover charges NSC : 0.0025%, BSE ₹ 1.5 each on buy trade & sell trade NSC : 0.065%, BSE ₹ 1.5 each on buy trade & sell trade
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

SAS Online Currency Trading Charges 2019

Charges Currency Future Currency Options
Brokerage 0.01% or Rs.9/Trade whichever is lower 0.01% or Rs.9/Trade whichever is lower
STT NA NA
Transaction / Turnover charges NSE: 0.00165% NSE: 0.06%
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

SAS Online Commodity Trading Charges 2019

Charges Commodity
Brokerage 0.01% or Rs.9/Trade whichever is lower
STT/CTT 0.01% on Sell
Transaction / Turnover charges Non-Agri: 0.0031% | Agri: 0.00175%
SEBI Charges 20 Rs/Crore
GST 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State

Charges Explained

  • Securities / Commodities Transaction Tax :Tax levied by the government when transacting on the stock exchanges. Charged on both buy and sell sides while trading equity delivery. Charged only on the side of sale when trading intraday or on F&O.
  • Transaction/Turnover Charges: Exchange transaction charges + Clearing charges which are charged by NSE, BSE, MCX, and clearing member.
  • Call & trade: Additional charges of ₹20 per executed order:
  • Stamp charges: Charged as per the state of the client's correspondence address.
  • GST:Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)
  • SEBI Charges:Charged at ₹15 per crore by Securities and Exchange Board of India for regulating the markets.
  • DP (Depository participant) charges:DP Charges of ₹15 per scrip (irrespective of quantity) debited from demat account when stocks are sold.
  • AMC (Annual maintenance charges):Charged at ₹200/year

SAS Online Margin Exposure,Leverage for Intraday and F&O

Trade Type MIS Orders CO/BO Orders CNC or Normal Order
Equity _Intraday 5-9 times on F&O stocks as per exchange VAR+ELM Upto 20 times on F&O stocks as per exchange VAR+ELM Don't offer any margin for CNC(Cashn Carry) orders.
Equity Future 2 times limit is provided in all the future and option selling contracts 5 times limit is provided in all Index and Stock futures contracts 100% margin required for carry forward
Equity Options 2 times limit is provided for option selling. 100% premium required for option buying 5 times limit is provided for option selling *. 50% premium required for option buying* 100 % margin required for option buying and selling
Currency Future 2 times limit in future and option selling. 100% premium required for option buying   100 % margin required for future and option
Currency Options 2 times limit in future and option selling. 100% premium required for option buying   100 % margin required for future and option
Commodities 2 times limit is provided in all the futures Contracts 5 times limit is provided in all futures contracts 100% margin required for carry forward

*MIS : Margin intraday square

*CNC : Cash n Carry

Pricing verdict: The SAS Online pricing suits everyone; be it a beginner, or a hardcore trader. SAS Online is best suited for:

  • Beginners
  • Frequent traders
  • Mobile users