SASOnline vs IIFL Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of SASOnline vs IIFL Securities 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 SASOnline and IIFL Securities.

Background

Year of Incorporation 1995 as South Asian Stocks 1996
Website https://www.sasonline.in/ https://www.indiainfoline.com/
Phone 011-4040 9999 022-40071000
Exchanges enabled NSE BSE & MCX NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL NSDL/CDSL
Brokerage

Equity 0.1% or Rs. 9 per Order whichever is lower 0.05% Intraday & 0.5% Delivery - Negotiable
Equity Futures Rs. 9 per Order Or Rs 999 Per Month 0.05% of Turnover - Negotiable
Equity Options Rs. 9 per Order Or Rs 999 Per Month Rs 100/lot - Negotiable
Currency Futures 0.99 per lot or Rs. 9 per Order Rs 25/lot - Negotiable
Currency Options 0.99 per lot or Rs. 9 per Order Rs 10/lot - Negotiable
Commodity Rs. 9 per Order Or Rs 1999 Per Month 0.03% - Negotiable
Account Opening Costs

Trading only Rs 200 (Waived for the 1st year) Zero
Trading & Demat Rs 200 (Waived for the 1st year) Rs 750
Commodity Rs 200 (Waived for the 1st year) NIL
Transparency & other costs

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

Equity 0.0035% of Turnover 0.00325% of Turnover
Futures 0.0025% of Turnover 0.0038% of Turnover
Options 0.065% of Premium Turnover 0.058% of Turnover
Commodities Rs 310 per Cr. 0.0041% of Turnover
AMC charge Rs 200 (Waived for the 1st year) One time Rs 555 or Rs 25/month
DP Transaction Charge Rs 15/Debit Transaction 0.05% ( Minimum Rs 15 & Max Rs 100)
Offline order placing Charge Rs 20/ Executed Order NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days on NOW 20 Days
End of Day 10years on NOW 10 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity For delivery Upto 20x for Intraday & 0 for Delivery Upto 20x Intraday, & 3x for Delivery
Equity Futures Upto 5x above Span Upto 3x for Intraday
Equity Options Buying 0 & Shorting upto 2x Buying no leverage, Shorting upto 3x
Currency Futures Upto 2x for Intraday Upto 2x for Intraday
Currency Options Buying 0 & Shorting upto 2x Buying no leverage, Shorting upto 2x
Commodity Upto 5x above Span Upto 3x for Intraday
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 0.81 Lakhs Rs 2.78 Crores
Profit after Tax FY12/13 Rs 1.21 Lakhs Rs 9.69 Crores
Profit after Tax FY13/14 Rs 3.87 Lakhs Rs 14.69 Crores
Profit after Tax FY 14/15 Rs 1.92 Lakhs Rs 20.18 Crores
Profit after Tax FY 15/16 Rs 2.55 Lakhs Rs 25.84 Crores
Profit after Tax FY 16/17 Rs 3.56 Lakhs Rs 31.10 Crores
Profit after Tax FY 17/18 Rs 4.92 Lakhs Rs 31.10 Crores
Profit after Tax FY 18/19 Rs 5.60 Lakhs Rs 20.40 Crores
Profit after Tax FY 19/20 Rs 6.72 Lakhs Rs 27.72 Crores
Profit after Tax FY 20/21 Rs 7.86 Lakhs Rs 32.50 Crores
Profit after Tax FY 21/22 Rs 8.47 Lakhs Rs (214.66) Crores
Profit after Tax FY 22/23 Rs 9.82 Lakhs Rs (258.79) Crores
Debt FY11/12 Rs 22.22 Lakhs Rs 66.8 Crores
Debt FY12/13 Rs 26.53 Lakhs Rs 78.93 Crores
Debt FY13/14 Rs 26.32 Lakhs Rs 86.11 Crores
Debt FY14/15 Rs 28.71 Lakhs Rs 97.03 Crores
Debt FY15/16 Rs 32.87 Lakhs Rs 112.99 Crores
Debt FY16/17 Rs 29.81 Lakhs Rs 82.92 Crores
Debt FY17/18 Rs 31.07 Lakhs Rs 126.84 Crores
Debt FY18/19 Rs 27.64 Lakhs Rs 135.59 Crores
Debt FY19/20 Rs 29.66 Lakhs Rs 89.28 Crores
Debt FY20/21 Rs 32.46 Lakhs Rs 80.36 Crores
Debt FY21/22 Rs 34.41 Lakhs Rs 135.19 Crores
Debt FY22/23 Rs 36.35 Lakhs Rs 122.87 Crores
Profit to Equity(%) FY11/12 3.07 17.48%
Profit to Equity(%) FY12/13 4.20 16.92%
Profit to Equity(%) FY13/14 4.53 21.8%
Profit to Equity(%) FY14/15 5.80 17.22%
Profit to Equity(%) FY15/16 6.41 17.54%
Profit to Equity(%) FY16/17 7.94 26.31%
Profit to Equity(%) FY17/18 9.75 24.73%
Profit to Equity(%) FY18/19 9.76 13.33%
Profit to Equity(%) FY19/20 10.62 19.84%
Profit to Equity(%) FY20/21 11.11 21.30%
Profit to Equity(%) FY21/22 12.78 18.94%
Profit to Equity(%) FY22/23 14.70 23.60%
Balance Sheet Size FY11/12 Rs 7.6 Crores Rs 782 Crores
Balance Sheet Size FY12/13 Rs 10.57 Crores Rs 817 Crores
Balance Sheet Size FY13/14 Rs 11.2 Crores Rs 827 Crores
Balance Sheet Size FY14/15 Rs 17.04 Crores Rs 837.82 Crores
Balance Sheet Size FY15/16 Rs 17.89 Crores Rs 835.05 Crores
Balance Sheet Size FY16/17 Rs 19.15 Crores Rs 909.25 Crores
Balance Sheet Size FY17/18 Rs 14.36 Crores Rs 947.73 Crores
Balance Sheet Size FY18/19 Rs 17.93 Crores Rs 957.83 Crores
Balance Sheet Size FY19/20 Rs 18.70 Crores Rs 960.20 Crores
Balance Sheet Size FY20/21 Rs 18.05 Crores Rs 1,161.14 Crores
Balance Sheet Size FY21/22 Rs 17.61 Crores Rs 1,315.5 Crores
Balance Sheet Size FY22/23 Rs 25.63 Crores Rs 1,345 Crores

Comparison Link:

Compare SASOnline Compare IIFL Securities
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SASOnline Vs Geojit IIFL Securities Vs Geojit
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Frequently Asked Questions

Is SASOnline better than IIFL Securities ?

SASOnline and IIFL Securities 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 IIFL Securities better than SASOnline ?

SASOnline and IIFL Securities 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 cheaper than IIFL Securities ?

SASOnline and IIFL Securities 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 IIFL Securities cheaper than SASOnline ?

SASOnline and IIFL Securities 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 SASOnline vs. IIFL Securities ?

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