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

Find a Comparison of SASOnline vs Interactive Brokers 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 Interactive Brokers.

Background

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

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

Trading only Rs 200 (Waived for the 1st year) Rs 0
Trading & Demat Rs 200 (Waived for the 1st year) Rs 400
Commodity Rs 200 (Waived for the 1st year) Not Available
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%
Futures 0.0025% of Turnover 0.0019 %
Options 0.065% of Premium Turnover 0.05%
Commodities Rs 310 per Cr. Not available
AMC charge Rs 200 (Waived for the 1st year) NIL
DP Transaction Charge Rs 15/Debit Transaction NIL
Offline order placing Charge Rs 20/ Executed Order Rs 1500 per order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days on NOW 22 Days
End of Day 10years on NOW 1 Year
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 2x intraday and overnight leverage
Equity Futures Upto 5x above Span Upto 2x for Intraday
Equity Options Buying 0 & Shorting upto 2x Buying 0 & Shorting upto 2x for Intraday
Currency Futures Upto 2x for Intraday Upto 2x for Intraday
Currency Options Buying 0 & Shorting upto 2x Buying 0 & Shorting upto 2x for Intraday
Commodity Upto 5x above Span Not Available
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 104.1 Crores
Profit after Tax FY12/13 Rs 1.21 Lakhs Rs 63.01 Crores
Profit after Tax FY13/14 Rs 3.87 Lakhs Rs 64.75 Crores
Profit after Tax FY 14/15 Rs 1.92 Lakhs Rs 74.30 Crores
Profit after Tax FY 15/16 Rs 2.55 Lakhs Rs 89.41 Crores
Profit after Tax FY 16/17 Rs 3.56 Lakhs Rs 79.38 Crores
Profit after Tax FY 17/18 Rs 4.92 Lakhs Rs 79.67 Crores
Profit after Tax FY 18/19 Rs 5.60 Lakhs Rs 93.62 Crores
Profit after Tax FY 19/20 Rs 6.72 Lakhs Rs 89.06 Crores
Profit after Tax FY 20/21 Rs 7.86 Lakhs Rs 99.53 Crores
Profit after Tax FY 21/22 Rs 8.47 Lakhs Rs 85.24 Crores
Profit after Tax FY 22/23 Rs 9.82 Lakhs Rs 78.27 Crores
Debt FY11/12 Rs 22.22 Lakhs Rs 17.67 Crores
Debt FY12/13 Rs 26.53 Lakhs Rs 13.43 Crores
Debt FY13/14 Rs 26.32 Lakhs Rs 21.88 Crores
Debt FY14/15 Rs 28.71 Lakhs Rs 21.05 Crores
Debt FY15/16 Rs 32.87 Lakhs Rs 23.05 Crores
Debt FY16/17 Rs 29.81 Lakhs Rs 22.53 Crores
Debt FY17/18 Rs 31.07 Lakhs Rs 22.09 Crores
Debt FY18/19 Rs 27.64 Lakhs Rs 23.67 Crores
Debt FY19/20 Rs 29.66 Lakhs Rs 21.41 Crores
Debt FY20/21 Rs 32.46 Lakhs Rs 24.02 Crores
Debt FY21/22 Rs 34.41 Lakhs Rs 27.09 Crores
Debt FY22/23 Rs 36.35 Lakhs Rs 21.78 Crores
Profit to Equity(%) FY11/12 3.07 14.94
Profit to Equity(%) FY12/13 4.20 7.29
Profit to Equity(%) FY13/14 4.53 9.71
Profit to Equity(%) FY14/15 5.80 9.01
Profit to Equity(%) FY15/16 6.41 9.64
Profit to Equity(%) FY16/17 7.94 10.04
Profit to Equity(%) FY17/18 9.75 10.14
Profit to Equity(%) FY18/19 9.76 11.34
Profit to Equity(%) FY19/20 10.62 13.24
Profit to Equity(%) FY20/21 11.11 12.52
Profit to Equity(%) FY21/22 12.78 17.85
Profit to Equity(%) FY22/23 14.70 14.56
Balance Sheet Size FY11/12 Rs 7.6 Crores Rs 908 Crores
Balance Sheet Size FY12/13 Rs 10.57 Crores Rs 977 Crores
Balance Sheet Size FY13/14 Rs 11.2 Crores Rs 990.08 Crores
Balance Sheet Size FY14/15 Rs 17.04 Crores Rs 968.51 Crores
Balance Sheet Size FY15/16 Rs 17.89 Crores Rs 1071.18 Crores
Balance Sheet Size FY16/17 Rs 19.15 Crores Rs 1098.72 Crores
Balance Sheet Size FY17/18 Rs 14.36 Crores Rs 1110.91 Crores
Balance Sheet Size FY18/19 Rs 17.93 Crores Rs 1095.94 Crores
Balance Sheet Size FY19/20 Rs 18.70 Crores Rs 1369.20 Crores
Balance Sheet Size FY20/21 Rs 18.05 Crores Rs 1391.66 Crores
Balance Sheet Size FY21/22 Rs 17.61 Crores Rs 1293.62 Crores
Balance Sheet Size FY22/23 Rs 25.63 Crores Rs 1627.43 Crores

Comparison Link:

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Frequently Asked Questions

Is SASOnline better than Interactive Brokers ?

SASOnline and Interactive Brokers 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 better than SASOnline ?

SASOnline and Interactive Brokers 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 Interactive Brokers ?

SASOnline and Interactive Brokers 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 Interactive Brokers cheaper than SASOnline ?

SASOnline and Interactive Brokers 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. Interactive Brokers ?

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