Sahi vs First Demat – Compare Charges, Trading Features, Offers & more

Find a Comparison of Sahi vs First Demat 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 Sahi and First Demat.

Background

Year of Incorporation 2023 2021
Website sahi.com https://firstdemat.com/
Phone 1800-410-7244 9240256358
Exchanges enabled BSE, NSE NSE, BSE, MCX
Demat (NSDL/CDSL) CDSL NSDL (DP ID IN303921)
Brokerage

Equity Rs 10/order or 0.05% of turnover, whichever is lower 0.1% or ?20 per executed order, whichever is lower
Equity Futures Rs 10/order flat Flat ?20 per executed order
Equity Options Rs 10/order flat Flat ?20 per executed order
Currency Futures Rs 10/order flat Not offered (-)
Currency Options Rs 10/order flat Not offered (-)
Commodity Rs 10/order flat ?20 per order (futures and options)
Account Opening Costs

Trading only Rs 0 ?0 online (offline opening ?500)
Trading & Demat Rs 0 ?0
Commodity Rs 0 No separate charge stated (?0 account opening)
Transparency & other costs

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

Equity Rs 10/order or 0.05%, whichever is lower Transaction charges: NSE 0.00307%, BSE 0.00375%
Futures Rs 10/order flat Transaction charges: NSE 0.00183%, BSE 0
Options Rs 10/order flat Transaction charges on premium: NSE 0.03553%, BSE 0.0325%
Commodities Rs 10/order flat N/A
AMC charge Rs 0 ?0 for the 1st year
DP Transaction Charge Rs 13.50 ?20 + GST per ISIN debit
Offline order placing Charge Not publicly listed ?50 per trade (call & trade; plus GST per DOCX)
Platforms

Software  
Web/HTML 5
Mobile
Charting

Intraday Yes — low-latency in-house charts for entering and managing trades directly on screen Yes
End of Day Yes Yes
Coding/Backtesting  
Reporting

Online Trade Reports  
Online PNL Reports
Online Contract Notes  
Margins

Leverage Provided

Equity N/A N/A
Equity Futures N/A N/A
Equity Options N/A N/A
Currency Futures N/A N/A
Currency Options N/A N/A
Commodity N/A N/A
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 N/A
Profit after Tax FY12/13 N/A N/A
Profit after Tax FY13/14 N/A N/A
Profit after Tax FY 14/15 N/A N/A
Profit after Tax FY 15/16 N/A N/A
Profit after Tax FY 16/17 N/A N/A
Profit after Tax FY 17/18 N/A N/A
Profit after Tax FY 18/19 N/A N/A
Profit after Tax FY 19/20 N/A N/A
Profit after Tax FY 20/21 N/A N/A
Profit after Tax FY 21/22 N/A N/A
Profit after Tax FY 22/23 N/A N/A
Debt FY11/12 N/A N/A
Debt FY12/13 N/A N/A
Debt FY13/14 N/A N/A
Debt FY14/15 N/A N/A
Debt FY15/16 N/A N/A
Debt FY16/17 N/A N/A
Debt FY17/18 N/A N/A
Debt FY18/19 N/A N/A
Debt FY19/20 N/A N/A
Debt FY20/21 N/A N/A
Debt FY21/22 N/A N/A
Debt FY22/23 N/A N/A
Profit to Equity(%) FY11/12 N/A N/A
Profit to Equity(%) FY12/13 N/A N/A
Profit to Equity(%) FY13/14 N/A N/A
Profit to Equity(%) FY14/15 N/A N/A
Profit to Equity(%) FY15/16 N/A N/A
Profit to Equity(%) FY16/17 N/A N/A
Profit to Equity(%) FY17/18 N/A N/A
Profit to Equity(%) FY18/19 N/A N/A
Profit to Equity(%) FY19/20 N/A N/A
Profit to Equity(%) FY20/21 N/A N/A
Profit to Equity(%) FY21/22 N/A N/A
Profit to Equity(%) FY22/23 N/A N/A
Balance Sheet Size FY11/12 N/A N/A
Balance Sheet Size FY12/13 N/A N/A
Balance Sheet Size FY13/14 N/A N/A
Balance Sheet Size FY14/15 N/A N/A
Balance Sheet Size FY15/16 N/A N/A
Balance Sheet Size FY16/17 N/A N/A
Balance Sheet Size FY17/18 N/A N/A
Balance Sheet Size FY18/19 N/A N/A
Balance Sheet Size FY19/20 N/A N/A
Balance Sheet Size FY20/21 N/A N/A
Balance Sheet Size FY21/22 N/A N/A
Balance Sheet Size FY22/23 N/A N/A

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Frequently Asked Questions

Which is better, Sahi or First Demat?

Sahi Securities and First Demat 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 Sahi and First Demat offer mobile trading apps?

Yes, both Sahi Securities and First Demat provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for First Demat and Sahi?

The account opening charges by brokers Sahi and First Demat for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both Sahi and First Demat are SEBI-registered brokers with good reputations. Sahi is known for its trading platforms, while First Demat is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both Sahi and First Demat offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.