Upstox vs SASOnline – Compare Charges, Trading Features, Offers & more

Find a Comparison of Upstox 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 Upstox and SASOnline.

Background

Year of Incorporation 2010 1995 as South Asian Stocks
Website https://upstox.com/ https://www.sasonline.in/
Phone 022-41792999 011-4040 9999
Exchanges enabled NSE, BSE & MCX NSE BSE & MCX
Demat (NSDL/CDSL) CDSL NSDL
Brokerage

Equity Rs 20 or 0.05% on Intraday & Rs 20 or 2.5% on Delivery 0.1% or Rs. 9 per Order whichever is lower
Equity Futures Rs 20 or 0.05% per executed order Rs. 9 per Order Or Rs 999 Per Month
Equity Options Rs 20 per lot Rs. 9 per Order Or Rs 999 Per Month
Currency Futures Rs 20 or 0.05% per executed order 0.99 per lot or Rs. 9 per Order
Currency Options Rs. 20 per lot 0.99 per lot or Rs. 9 per Order
Commodity Rs 20 per executed order Rs. 9 per Order Or Rs 1999 Per Month
Account Opening Costs

Trading only Free Rs 200 (Waived for the 1st year)
Trading & Demat Zero Rs 200 (Waived for the 1st year)
Commodity Zero 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 0.0035% on Turnover 0.0035% of Turnover
Futures 0.0021% on Turnover 0.0025% of Turnover
Options 0.059% on Premium Turnover 0.065% of Premium Turnover
Commodities 0.0036% on Turnover Rs 310 per Cr.
AMC charge Zero Rs 200 (Waived for the 1st year)
DP Transaction Charge Rs 18.5 per debit transaction Rs 15/Debit Transaction
Offline order placing Charge Rs 25 per order placed on the phone Rs 20/ Executed Order
Platforms

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5x on Intraday and Upto 1x on Delivery For delivery Upto 20x for Intraday & 0 for Delivery
Equity Futures Upto 4x for intraday Upto 5x above Span
Equity Options Buying no leverage, shorting upto 4x for intraday Buying 0 & Shorting upto 2x
Currency Futures Upto 4x for intraday Upto 2x for Intraday
Currency Options Buying no leverage, shorting upto 4x for intraday Buying 0 & Shorting upto 2x
Commodity Upto 3x for intraday 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 16 Lakhs Rs 0.81 Lakhs
Profit after Tax FY12/13 Rs 24 lakhs Rs 1.21 Lakhs
Profit after Tax FY13/14 Rs 68 Lakhs Rs 3.87 Lakhs
Profit after Tax FY 14/15 Rs 71 Lakhs Rs 1.92 Lakhs
Profit after Tax FY 15/16 Rs 73 Lakhs Rs 2.55 Lakhs
Profit after Tax FY 16/17 Rs 77 Lakhs Rs 3.56 Lakhs
Profit after Tax FY 17/18 Rs 86 Lakhs Rs 4.92 Lakhs
Profit after Tax FY 18/19 Rs 92 Lakhs Rs 5.60 Lakhs
Profit after Tax FY 19/20 Rs 97 Lakhs Rs 6.72 Lakhs
Profit after Tax FY 20/21 Rs 5 Crores Rs 7.86 Lakhs
Profit after Tax FY 21/22 Rs 18 Crores Rs 8.47 Lakhs
Profit after Tax FY 22/23 Rs 25 Crores Rs 9.82 Lakhs
Debt FY11/12 0 Rs 22.22 Lakhs
Debt FY12/13 0 Rs 26.53 Lakhs
Debt FY13/14 Rs 1.38 Crores Rs 26.32 Lakhs
Debt FY14/15 Rs 1.77 Crores Rs 28.71 Lakhs
Debt FY15/16 Rs 2.13 Crores Rs 32.87 Lakhs
Debt FY16/17 Rs 2.44 Crores Rs 29.81 Lakhs
Debt FY17/18 Rs 2.87 Crores Rs 31.07 Lakhs
Debt FY18/19 Rs 3.11 Crores Rs 27.64 Lakhs
Debt FY19/20 Rs 3.56 Crores Rs 29.66 Lakhs
Debt FY20/21 Rs 3.91 Crores Rs 32.46 Lakhs
Debt FY21/22 Rs 4.18 Crores Rs 34.41 Lakhs
Debt FY22/23 Rs 4.40 Crores Rs 36.35 Lakhs
Profit to Equity(%) FY11/12 3.48% 3.07
Profit to Equity(%) FY12/13 5.10% 4.20
Profit to Equity(%) FY13/14 13.73% 4.53
Profit to Equity(%) FY14/15 15.70% 5.80
Profit to Equity(%) FY15/16 16.22% 6.41
Profit to Equity(%) FY16/17 16.87% 7.94
Profit to Equity(%) FY17/18 17.42% 9.75
Profit to Equity(%) FY18/19 17.99% 9.76
Profit to Equity(%) FY19/20 18.54% 10.62
Profit to Equity(%) FY20/21 19.01% 11.11
Profit to Equity(%) FY21/22 21.58% 12.78
Profit to Equity(%) FY22/23 22.15% 14.70
Balance Sheet Size FY11/12 Rs 16.23 Crores Rs 7.6 Crores
Balance Sheet Size FY12/13 Rs 25.10 Crores Rs 10.57 Crores
Balance Sheet Size FY13/14 Rs 32.97 Crores Rs 11.2 Crores
Balance Sheet Size FY14/15 Rs 38.78 Crores Rs 17.04 Crores
Balance Sheet Size FY15/16 Rs 49.94 Crores Rs 17.89 Crores
Balance Sheet Size FY16/17 Rs 50.25 Crores Rs 19.15 Crores
Balance Sheet Size FY17/18 Rs 58.87 Crores Rs 14.36 Crores
Balance Sheet Size FY18/19 Rs 63.55 Crores Rs 17.93 Crores
Balance Sheet Size FY19/20 Rs 75.90 Crores Rs 18.70 Crores
Balance Sheet Size FY20/21 Rs 89.52 Crores Rs 18.05 Crores
Balance Sheet Size FY21/22 Rs 105.55 Crores Rs 17.61 Crores
Balance Sheet Size FY22/23 Rs 116.10 Crores Rs 25.63 Crores

Comparison Link:

Compare Upstox Compare SASOnline
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Upstox Vs Nirmal Bang SASOnline Vs Nirmal Bang
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Upstox Vs A C Choksi SASOnline Vs A C Choksi
Upstox Vs Angel Broking SASOnline Vs Angel Broking
Upstox Vs Motilal Oswal SASOnline Vs Motilal Oswal
Upstox Vs ICICI Direct SASOnline Vs ICICI Direct
Upstox Vs Sharekhan SASOnline Vs Sharekhan
Upstox Vs Groww SASOnline Vs Groww
Upstox Vs Tradesmart Online SASOnline Vs Tradesmart Online
Upstox Vs Zerodha SASOnline Vs Zerodha

Frequently Asked Questions

Is Upstox better than SASOnline ?

Upstox 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 Upstox ?

Upstox 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 Upstox cheaper than SASOnline ?

Upstox 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 Upstox ?

Upstox 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 Upstox vs. SASOnline ?

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