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SAS Online Logo

About SAS Online
SAS Online - India's Discount Broker; introduced its Rs 999 monthly unlimited trading plan to the market 10 years ago. Now with the Pro Plan at Rs 1999/MONTH, the company is offering 199 orders per day to its subscribers under the 1999 Pro Plan. After 199 orders, Rs 0.99 per order will be charged. SAS Online has grown to 55,000+ traders through referrals, and 1 Lac Cr+ Daily Turnover and 3 Lac+ Executed Orders Daily, offering brokerage services for stocks, future and options, currency and commo... Know more about SAS Online

Nuvama (Edelweiss) Logo

About Nuvama (Edelweiss)
Incorporated in 2008, Nuvama Wealth & Investment Limited (formerly Edelweiss Broking Ltd.) is a Mumbai, India-based full-service stockbroking firm. The Retail Broking business of Nuvama offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities, and Futures & Options. Nuvama offers investment advice backed by research and analysis to its customers across asset classes, trading styles and time horizons. Nuvama has the best... Know more about Nuvama (Edelweiss)

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SAS Online Vs Nuvama (Edelweiss)

Incorporated in 2013, SAS Online is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 branches across India. Incorporated in 2002, Nuvama (Edelweiss) is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

 SAS OnlineNuvama (Edelweiss)
Type of BrokerDiscount BrokerFull Service Broker
Exchnage MembershipNSE, BSE and MCXBSE, NSE, MCX, NCDEX
Year of Incorporation20132002
Number of Branches1237
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SAS Online Vs Nuvama (Edelweiss) Charges & AMC

SAS Online trading account opening charges is Rs 200 while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). SAS Online Demat Account AMC Charges is For Individual-Rs 200 (Free for the 1st year) | Non Individual-Rs 1000 and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

 SAS OnlineNuvama (Edelweiss)
Trading Account Opening ChargesRs 200Rs 0 (Free)
Trading Account AMC ChargesRs 0Rs 0
Demat Account Opening ChargesRs 0Rs 0 (Free)
Demat Account AMC ChargesFor Individual-Rs 200 (Free for the 1st year) | Non Individual-Rs 1000Rs 500 (1st Year Free)

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SAS Online Vs Nuvama (Edelweiss) Brokerage

SAS Online brokerage charges for equity is Rs 9 and intraday is Rs 9 whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

Account TypeSAS Online Trading Plan Rs 9 per tradeNuvama (Edelweiss) Nuvama Lite
Fixed ChargesNA
Equity DeliveryRs 9Rs 20 per executed order
Equity IntradayRs 9Rs 20 per executed order
Equity FuturesRs 9Rs 20 per executed order
Equity OptionsRs 9Rs 20 per executed order
Currency FuturesRs 9Rs 20 per executed order
Currency OptionsRs 9Rs 20 per executed order
Commodity FuturesNA0.030%
Commodity OptionsNARs 50 / lot
Special Offer
Special Offer: Pay Rs 1999 per month and get 199 orders per day or flat Rs 9 per Trade. Open Instant Demat Account and start trading today.
Special Offer: Trade @ flat Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

SAS Online Vs Nuvama (Edelweiss) Brokerage Plan 2

 SAS OnlineNuvama (Edelweiss)
Account TypeTrading Plan Rs 999 per monthNuvama Elite
Fixed ChargesRs 999NA
Equity DeliveryNA0.30%
Equity IntradayNA0.03%
Equity FuturesNA0.03%
Equity OptionsNARs 75 per lot
Currency FuturesNA0.02%
Currency OptionsNARs 20 per lot
Commodity FuturesRs 00.015%
Commodity OptionsRs 0Rs 30 / lot
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SAS Online Vs Nuvama (Edelweiss) Brokerage Plan 3

 SAS OnlineNuvama (Edelweiss)
Account TypePro Plan Rs 1999 per monthNuvama Lite
Fixed ChargesRs 1999NA
Equity DeliveryRs 9Rs 20 per executed order
Equity IntradayRs 9Rs 20 per executed order
Equity FuturesRs 9Rs 20 per executed order
Equity OptionsRs 9Rs 20 per executed order
Currency FuturesRs 9Rs 20 per executed order
Currency OptionsRs 9Rs 20 per executed order
Commodity FuturesNA0.030%
Commodity OptionsNARs 50 / lot
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SAS Online Charges Vs Nuvama (Edelweiss)

Minimum BrokerageRs 00.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges0.01% or Rs 9 per executed order, whichever is lowerMargin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade ChargesRs 20 per traderRs 20 per call
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SAS Online Vs Nuvama (Edelweiss) Leverage (Margin)

SAS Online margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Nuvama (Edelweiss) margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

 SAS OnlineNuvama (Edelweiss)
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)
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Compare SAS Online and Nuvama (Edelweiss) Features

The trading platforms offered SAS Online include ALPHA Web, ALPHA Trader and ALPHA Mobile (Omnesys NEST). Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.

 SAS OnlineNuvama (Edelweiss)
3 in 1 AccountNoNo
Automated TradingYesNo
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformALPHA Web, ALPHA Trader and ALPHA Mobile (Omnesys NEST)Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
Intraday Square-off Time3:00 PM
Trading In SME Shares Allowed?NoNo
Referral ProgramYesNo
Other Features
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SAS Online Vs Nuvama (Edelweiss) Review

SAS Online is rated of 5 based on 81 customer reviews whereas Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews.

 SAS OnlineNuvama (Edelweiss)
 81 Customer Reviews    Rate SAS Online79 Customer Reviews    Rate Nuvama (Edelweiss)
FeesRated 4.3 starsRated 3.0 stars
BrokerageRated 4.6 starsRated 3.0 stars
Trading PlatformRated 3.5 starsRated 3.4 stars
Customer ServiceRated 4.0 starsRated 2.6 stars
Research CapabilitiesRated 2.7 starsRated 2.7 stars
Overall RatingRated 4.0 starsRated 2.8 stars
Broker RatingSAS Online is Rated 4.0 / 5 based on 81 customer reviewsNuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews

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Contact Broker / Request A Call Back

 SAS OnlineNuvama (Edelweiss)
Contact Broker
Pay Rs 1999 per month and get 199 orders per day or flat Rs 9 per Trade. Open Instant Demat Account and start trading today.
Trade @ flat Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

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SAS Online Vs Nuvama (Edelweiss) Investment Options

 SAS OnlineNuvama (Edelweiss)
Stock / EquityYesYes
CommodityYesYes
IPONoYes
Mutual FundsNoYes
Bond / NCDNoYes
DebtNoYes

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SAS Online Vs Nuvama (Edelweiss) Order Type Offered

 SAS OnlineNuvama (Edelweiss)
Bracket OrderYesNo
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)NoYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)NoNo
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SAS Online Vs Nuvama (Edelweiss) Suitable For Investor Type

 SAS OnlineNuvama (Edelweiss)
Casual InvestorNoNo
Active InvestorNoYes
TraderYesYes

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SAS Online Vs Nuvama (Edelweiss) - Pros and Cons

 SAS OnlineNuvama (Edelweiss)
Pros
  1. Margin against shares is available.
  2. Margin funding is available through a product Equity Plus.
  3. Monthly unlimited trading plans available for trading at NSE, BSE and MCX.
  4. Trading Software including website, mobile app and installable trading terminals are available for free.
  5. No minimum brokerage.
  6. SASOnline Referral Program helps its customers to refer friends and earn 20%of the brokerage paid by them.
  7. Trading application (ALPHA Web) is available for operating systems Mac and Linux. It is a re-branded Omnesys NEST trading platform.
  8. GET BANK Interest on Cash lying in the Trading Account.
  9. Trade Deep ITM/OTM option strike is available for trading.
  10. Monthly unlimited trading plans available for trading at NSE, BSE, CDS, BFO, NFO and MCX.
  11. Dedicated Call/ email & live chat support.
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 20 per executed order across all segments in Nuvama Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
Cons
  • Call and Trade is charged at extra Rs 20 order.
  • Doesn't provide stock research, tips or recommendations.
  • Good Till Cancelled (GTC) is only available in Commodities. GTC is not available in Equity.
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of Rs 20 per call.
Reviews
Promo / Offers

SAS Online Special Offer

Monthly Trading @ Rs 1999

  • Pay Rs 1999 per month and get 199 orders per day or flat Rs 9 per trade +
  • Get margin against your shares +
  • API for alog trading.

This is a limited-time offer. Open Instant Demat Account and start trading today.

Nuvama (Edelweiss) Special Offer

Trade @ Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 20 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes.

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