m.Stock vs SASOnline – Compare Charges, Trading Features, Offers & more

Find a Comparison of m.Stock 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 m.Stock and SASOnline.

Background

Year of Incorporation 2022 1995 as South Asian Stocks
Website https://www.mstock.com/ https://www.sasonline.in/
Phone 1800-2100-818 011-4040 9999
Exchanges enabled NSE, BSE NSE BSE & MCX
Demat (NSDL/CDSL) CDSL NSDL
Brokerage

Equity Rs 0 for Delivery 0.1% or Rs. 9 per Order whichever is lower
Equity Futures Rs 5 per Order Rs. 9 per Order Or Rs 999 Per Month
Equity Options Rs 5 per Order Rs. 9 per Order Or Rs 999 Per Month
Currency Futures Rs 5 per Order 0.99 per lot or Rs. 9 per Order
Currency Options Rs 5 per Order 0.99 per lot or Rs. 9 per Order
Commodity Not Available Rs. 9 per Order Or Rs 1999 Per Month
Account Opening Costs

Trading only Free Rs 200 (Waived for the 1st year)
Trading & Demat Rs 0 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 NSE: 0.00297% | BSE: 0.00375% 0.0035% of Turnover
Futures NSE: 0.00173% | BSE: 0 0.0025% of Turnover
Options NSE: 0.03503% (on premium) | BSE: 0.0325% (on premium) 0.065% of Premium Turnover
Commodities Not Available Rs 310 per Cr.
AMC charge Rs 219 + GST per quarter Rs 200 (Waived for the 1st year)
DP Transaction Charge Rs 18 per debit transaction + GST Rs 15/Debit Transaction
Offline order placing Charge Free Rs 20/ Executed Order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Years 5 Days on NOW
End of Day BSE: 2002 onwards NSE: 2004 onwards 10years on NOW
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Up to 4x intraday (25%)& up to 5x MTF (20%) For delivery Upto 20x for Intraday & 0 for Delivery
Equity Futures Up to 1x (100% (SPAN + Exposure) margin) Upto 5x above Span
Equity Options Buying no leverage, Shorting 1x (100% (SPAN + Exposure) margin Buying 0 & Shorting upto 2x
Currency Futures Not Available Upto 2x for Intraday
Currency Options Not Available 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 N/A Rs 0.81 Lakhs
Profit after Tax FY12/13 N/A Rs 1.21 Lakhs
Profit after Tax FY13/14 N/A Rs 3.87 Lakhs
Profit after Tax FY 14/15 N/A Rs 1.92 Lakhs
Profit after Tax FY 15/16 N/A Rs 2.55 Lakhs
Profit after Tax FY 16/17 N/A Rs 3.56 Lakhs
Profit after Tax FY 17/18 N/A Rs 4.92 Lakhs
Profit after Tax FY 18/19 N/A Rs 5.60 Lakhs
Profit after Tax FY 19/20 N/A Rs 6.72 Lakhs
Profit after Tax FY 20/21 N/A Rs 7.86 Lakhs
Profit after Tax FY 21/22 N/A Rs 8.47 Lakhs
Profit after Tax FY 22/23 N/A Rs 9.82 Lakhs
Debt FY11/12 N/A Rs 22.22 Lakhs
Debt FY12/13 N/A Rs 26.53 Lakhs
Debt FY13/14 N/A Rs 26.32 Lakhs
Debt FY14/15 N/A Rs 28.71 Lakhs
Debt FY15/16 N/A Rs 32.87 Lakhs
Debt FY16/17 N/A Rs 29.81 Lakhs
Debt FY17/18 N/A Rs 31.07 Lakhs
Debt FY18/19 N/A Rs 27.64 Lakhs
Debt FY19/20 N/A Rs 29.66 Lakhs
Debt FY20/21 N/A Rs 32.46 Lakhs
Debt FY21/22 N/A Rs 34.41 Lakhs
Debt FY22/23 N/A Rs 36.35 Lakhs
Profit to Equity(%) FY11/12 N/A 3.07
Profit to Equity(%) FY12/13 N/A 4.20
Profit to Equity(%) FY13/14 N/A 4.53
Profit to Equity(%) FY14/15 N/A 5.80
Profit to Equity(%) FY15/16 N/A 6.41
Profit to Equity(%) FY16/17 N/A 7.94
Profit to Equity(%) FY17/18 N/A 9.75
Profit to Equity(%) FY18/19 N/A 9.76
Profit to Equity(%) FY19/20 N/A 10.62
Profit to Equity(%) FY20/21 N/A 11.11
Profit to Equity(%) FY21/22 N/A 12.78
Profit to Equity(%) FY22/23 N/A 14.70
Balance Sheet Size FY11/12 N/A Rs 7.6 Crores
Balance Sheet Size FY12/13 N/A Rs 10.57 Crores
Balance Sheet Size FY13/14 N/A Rs 11.2 Crores
Balance Sheet Size FY14/15 N/A Rs 17.04 Crores
Balance Sheet Size FY15/16 N/A Rs 17.89 Crores
Balance Sheet Size FY16/17 N/A Rs 19.15 Crores
Balance Sheet Size FY17/18 N/A Rs 14.36 Crores
Balance Sheet Size FY18/19 N/A Rs 17.93 Crores
Balance Sheet Size FY19/20 N/A Rs 18.70 Crores
Balance Sheet Size FY20/21 N/A Rs 18.05 Crores
Balance Sheet Size FY21/22 N/A Rs 17.61 Crores
Balance Sheet Size FY22/23 N/A Rs 25.63 Crores

Comparison Link:

Compare m.Stock Compare SASOnline
m.Stock Vs Punch Trade SASOnline Vs Punch Trade
m.Stock Vs BlinkX SASOnline Vs BlinkX
m.Stock Vs Lemonn SASOnline Vs Lemonn
m.Stock Vs Mandot Securities SASOnline Vs Mandot Securities
m.Stock Vs HDFC Sky SASOnline Vs HDFC Sky
m.Stock Vs Dhan SASOnline Vs Dhan
m.Stock Vs Goodwill Wealth SASOnline Vs Goodwill Wealth
m.Stock Vs Shoonya by Finvasia SASOnline Vs Shoonya by Finvasia
m.Stock Vs NJ Wealth SASOnline Vs NJ Wealth
m.Stock Vs Paytm Money SASOnline Vs Paytm Money
m.Stock Vs Globe Capital SASOnline Vs Globe Capital
m.Stock Vs Cholamandalam Securities SASOnline Vs Cholamandalam Securities
m.Stock Vs Canara Bank SASOnline Vs Canara Bank
m.Stock Vs Axis Direct SASOnline Vs Axis Direct
m.Stock Vs Alice Blue SASOnline Vs Alice Blue
m.Stock Vs 5Paisa SASOnline Vs 5Paisa
m.Stock Vs WisdomCapital SASOnline Vs WisdomCapital
m.Stock Vs Way2wealth SASOnline Vs Way2wealth
m.Stock Vs Ventura Securities SASOnline Vs Ventura Securities
m.Stock Vs Navia Markets Ltd SASOnline Vs Navia Markets Ltd
m.Stock Vs Tradejini SASOnline Vs Tradejini
m.Stock Vs Tata Securities SASOnline Vs Tata Securities
m.Stock Vs Swastika Investmart SASOnline Vs Swastika Investmart
m.Stock Vs SMC Global SASOnline Vs SMC Global
m.Stock Vs SBICAP Securities SASOnline Vs SBICAP Securities
m.Stock Vs Samco securities SASOnline Vs Samco securities
m.Stock Vs RK Global SASOnline Vs RK Global
m.Stock Vs Reliance Securities SASOnline Vs Reliance Securities
m.Stock Vs Nirmal Bang SASOnline Vs Nirmal Bang
m.Stock Vs Master Trust Capital SASOnline Vs Master Trust Capital
m.Stock Vs Kotak Securities SASOnline Vs Kotak Securities
m.Stock Vs Interactive Brokers SASOnline Vs Interactive Brokers
m.Stock Vs IIFL Securities SASOnline Vs IIFL Securities
m.Stock Vs Dhani SASOnline Vs Dhani
m.Stock Vs IDBI Capital SASOnline Vs IDBI Capital
m.Stock Vs HDFC Securities SASOnline Vs HDFC Securities
m.Stock Vs Geojit SASOnline Vs Geojit
m.Stock Vs Fyers Securities SASOnline Vs Fyers Securities
m.Stock Vs Edelweiss Capital SASOnline Vs Edelweiss Capital
m.Stock Vs Easytradez SASOnline Vs Easytradez
m.Stock Vs Rupeezy SASOnline Vs Rupeezy
m.Stock Vs Anand Rathi SASOnline Vs Anand Rathi
m.Stock Vs Aditya Birla Money SASOnline Vs Aditya Birla Money
m.Stock Vs Achiievers SASOnline Vs Achiievers
m.Stock Vs Angel One SASOnline Vs Angel One
m.Stock Vs Motilal Oswal SASOnline Vs Motilal Oswal
m.Stock Vs ICICI Direct SASOnline Vs ICICI Direct
m.Stock Vs Sharekhan SASOnline Vs Sharekhan
m.Stock Vs Groww SASOnline Vs Groww
m.Stock Vs Tradesmart Online SASOnline Vs Tradesmart Online
m.Stock Vs Upstox SASOnline Vs Upstox
m.Stock Vs Zerodha SASOnline Vs Zerodha

Frequently Asked Questions

Which is better, m.Stock or SASOnline?

m.Stock Securities and SASOnline are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.

Do m.Stock and SASOnline offer mobile trading apps?

Yes, both m.Stock Securities and SASOnline provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for SASOnline and m.Stock?

The account opening charges by brokers m.Stock and SASOnline for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both m.Stock and SASOnline are SEBI-registered brokers with good reputations. m.Stock is known for its trading platforms, while SASOnline is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both m.Stock and SASOnline offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.