Interactive Brokers vs SASOnline – Compare Charges, Trading Features, Offers & more

Find a Comparison of Interactive Brokers vs SASOnline here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Interactive Brokers and SASOnline.

Background

Year of Incorporation 1977 1995 as South Asian Stocks
Website https://www.interactivebrokers.co.in/en/home.php https://www.sasonline.in/
Phone +91 22-61289888 011-4040 9999
Exchanges enabled NSE (plus over 100 market centers across 24 countries). NSE BSE & MCX
Demat (NSDL/CDSL) NSDL NSDL
Brokerage

Equity 0.05% per Executed Order 0.1% or Rs. 9 per Order whichever is lower
Equity Futures 0.01% per Executed Order Rs. 9 per Order Or Rs 999 Per Month
Equity Options Rs 25 per lot per Rs. 9 per Order Or Rs 999 Per Month
Currency Futures 0.01% per Executed Order 0.99 per lot or Rs. 9 per Order
Currency Options 0.01% per Executed Order 0.99 per lot or Rs. 9 per Order
Commodity Rs 50 per lot per Rs. 9 per Order Or Rs 1999 Per Month
Account Opening Costs

Trading only Rs 0 Rs 200 (Waived for the 1st year)
Trading & Demat Rs 400 Rs 200 (Waived for the 1st year)
Commodity Not Available Rs 200 (Waived for the 1st year)
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% 0.0035% of Turnover
Futures 0.0019 % 0.0025% of Turnover
Options 0.05% 0.065% of Premium Turnover
Commodities Not available Rs 310 per Cr.
AMC charge NIL Rs 200 (Waived for the 1st year)
DP Transaction Charge NIL Rs 15/Debit Transaction
Offline order placing Charge Rs 1500 per order Rs 20/ Executed Order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 Days 5 Days on NOW
End of Day 1 Year 10years on NOW
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 2x intraday and overnight leverage For delivery Upto 20x for Intraday & 0 for Delivery
Equity Futures Upto 2x for Intraday Upto 5x above Span
Equity Options Buying 0 & Shorting upto 2x for Intraday Buying 0 & Shorting upto 2x
Currency Futures Upto 2x for Intraday Upto 2x for Intraday
Currency Options Buying 0 & Shorting upto 2x for Intraday Buying 0 & Shorting upto 2x
Commodity Not Available Upto 5x above Span
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 104.1 Crores Rs 0.81 Lakhs
Profit after Tax FY12/13 Rs 63.01 Crores Rs 1.21 Lakhs
Profit after Tax FY13/14 Rs 64.75 Crores Rs 3.87 Lakhs
Profit after Tax FY 14/15 Rs 74.30 Crores Rs 1.92 Lakhs
Profit after Tax FY 15/16 Rs 89.41 Crores Rs 2.55 Lakhs
Profit after Tax FY 16/17 Rs 79.38 Crores Rs 3.56 Lakhs
Profit after Tax FY 17/18 Rs 79.67 Crores Rs 4.92 Lakhs
Profit after Tax FY 18/19 Rs 93.62 Crores Rs 5.60 Lakhs
Profit after Tax FY 19/20 Rs 89.06 Crores Rs 6.72 Lakhs
Profit after Tax FY 20/21 Rs 99.53 Crores Rs 7.86 Lakhs
Profit after Tax FY 21/22 Rs 85.24 Crores Rs 8.47 Lakhs
Profit after Tax FY 22/23 Rs 78.27 Crores Rs 9.82 Lakhs
Debt FY11/12 Rs 17.67 Crores Rs 22.22 Lakhs
Debt FY12/13 Rs 13.43 Crores Rs 26.53 Lakhs
Debt FY13/14 Rs 21.88 Crores Rs 26.32 Lakhs
Debt FY14/15 Rs 21.05 Crores Rs 28.71 Lakhs
Debt FY15/16 Rs 23.05 Crores Rs 32.87 Lakhs
Debt FY16/17 Rs 22.53 Crores Rs 29.81 Lakhs
Debt FY17/18 Rs 22.09 Crores Rs 31.07 Lakhs
Debt FY18/19 Rs 23.67 Crores Rs 27.64 Lakhs
Debt FY19/20 Rs 21.41 Crores Rs 29.66 Lakhs
Debt FY20/21 Rs 24.02 Crores Rs 32.46 Lakhs
Debt FY21/22 Rs 27.09 Crores Rs 34.41 Lakhs
Debt FY22/23 Rs 21.78 Crores Rs 36.35 Lakhs
Profit to Equity(%) FY11/12 14.94 3.07
Profit to Equity(%) FY12/13 7.29 4.20
Profit to Equity(%) FY13/14 9.71 4.53
Profit to Equity(%) FY14/15 9.01 5.80
Profit to Equity(%) FY15/16 9.64 6.41
Profit to Equity(%) FY16/17 10.04 7.94
Profit to Equity(%) FY17/18 10.14 9.75
Profit to Equity(%) FY18/19 11.34 9.76
Profit to Equity(%) FY19/20 13.24 10.62
Profit to Equity(%) FY20/21 12.52 11.11
Profit to Equity(%) FY21/22 17.85 12.78
Profit to Equity(%) FY22/23 14.56 14.70
Balance Sheet Size FY11/12 Rs 908 Crores Rs 7.6 Crores
Balance Sheet Size FY12/13 Rs 977 Crores Rs 10.57 Crores
Balance Sheet Size FY13/14 Rs 990.08 Crores Rs 11.2 Crores
Balance Sheet Size FY14/15 Rs 968.51 Crores Rs 17.04 Crores
Balance Sheet Size FY15/16 Rs 1071.18 Crores Rs 17.89 Crores
Balance Sheet Size FY16/17 Rs 1098.72 Crores Rs 19.15 Crores
Balance Sheet Size FY17/18 Rs 1110.91 Crores Rs 14.36 Crores
Balance Sheet Size FY18/19 Rs 1095.94 Crores Rs 17.93 Crores
Balance Sheet Size FY19/20 Rs 1369.20 Crores Rs 18.70 Crores
Balance Sheet Size FY20/21 Rs 1391.66 Crores Rs 18.05 Crores
Balance Sheet Size FY21/22 Rs 1293.62 Crores Rs 17.61 Crores
Balance Sheet Size FY22/23 Rs 1627.43 Crores Rs 25.63 Crores

Comparison Link:

Compare Interactive Brokers Compare SASOnline
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Interactive Brokers Vs Canara Bank SASOnline Vs Canara Bank
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Interactive Brokers Vs Swastika Investmart SASOnline Vs Swastika Investmart
Interactive Brokers Vs SMC Global SASOnline Vs SMC Global
Interactive Brokers Vs SBICAP Securities SASOnline Vs SBICAP Securities
Interactive Brokers Vs Samco securities SASOnline Vs Samco securities
Interactive Brokers Vs RK Global SASOnline Vs RK Global
Interactive Brokers Vs Reliance Securities SASOnline Vs Reliance Securities
Interactive Brokers Vs Nirmal Bang SASOnline Vs Nirmal Bang
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Interactive Brokers Vs Kotak Securities SASOnline Vs Kotak Securities
Interactive Brokers Vs IIFL Securities SASOnline Vs IIFL Securities
Interactive Brokers Vs Dhani SASOnline Vs Dhani
Interactive Brokers Vs IDBI Capital SASOnline Vs IDBI Capital
Interactive Brokers Vs HDFC Securities SASOnline Vs HDFC Securities
Interactive Brokers Vs Geojit SASOnline Vs Geojit
Interactive Brokers Vs Fyers Securities SASOnline Vs Fyers Securities
Interactive Brokers Vs Edelweiss Capital SASOnline Vs Edelweiss Capital
Interactive Brokers Vs Easytradez SASOnline Vs Easytradez
Interactive Brokers Vs Rupeezy SASOnline Vs Rupeezy
Interactive Brokers Vs Anand Rathi SASOnline Vs Anand Rathi
Interactive Brokers Vs Aditya Birla Money SASOnline Vs Aditya Birla Money
Interactive Brokers Vs Achiievers SASOnline Vs Achiievers
Interactive Brokers Vs Angel One SASOnline Vs Angel One
Interactive Brokers Vs Motilal Oswal SASOnline Vs Motilal Oswal
Interactive Brokers Vs ICICI Direct SASOnline Vs ICICI Direct
Interactive Brokers Vs Sharekhan SASOnline Vs Sharekhan
Interactive Brokers Vs Groww SASOnline Vs Groww
Interactive Brokers Vs Tradesmart Online SASOnline Vs Tradesmart Online
Interactive Brokers Vs Upstox SASOnline Vs Upstox
Interactive Brokers Vs Zerodha SASOnline Vs Zerodha

Frequently Asked Questions

Is Interactive Brokers better than SASOnline ?

Interactive Brokers and SASOnline are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is SASOnline better than Interactive Brokers ?

Interactive Brokers and SASOnline are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Interactive Brokers cheaper than SASOnline ?

Interactive Brokers and SASOnline are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is SASOnline cheaper than Interactive Brokers ?

Interactive Brokers and SASOnline are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Interactive Brokers vs. SASOnline ?

To find out the better of the two stockbrokers Interactive Brokers and SASOnline, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.