Comparison –  ICICI Direct Vs SAS Online

ICICI Direct SAS Online
Year of Incorporation 2000 1995
Exchanges enabled NSE & BSE NSE BSE & MCX
Demat (NSDL/CDSL) NSDL & CDSL NSDL – own demat
Brokerages
Equity Equity Intraday 0.05% & Delivery 0.25%- Negotiable
Choose from Unlimited for Rs 999/Month or Rs 9/Executed order
Equity Futures 0.05% of Turnover for Overnight & Intraday only one side- Negotiable
Choose from Unlimited for Rs 999/Month or Rs 9/Executed order
Equity Options Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable
Choose from Unlimited for Rs 999/Month or Rs 9/Executed order
Currency Futures 0.05% of Turnover for Overnight & Intraday only one side- Negotiable
Choose from Unlimited for Rs 499/Month or Rs 9/Executed order
Currency Options Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable
Choose from Unlimited for Rs 499/Month or Rs 9/Executed order
Commodity NA
Choose from Unlimited for Rs 999/Month or Rs 9/Executed order
Account opening charges
Trading and Demat Rs 975 for 3 in 1 Account Rs 600 for couriered & Rs 500 if printed
Only Trading NA Rs 300 for couriered & Rs 200 if printed
Commodity NA Rs 300 for couriered & Rs 200 if printed
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 20 Days 5 Days on NOW
Margins & Leverage Provided
Equity Intraday upto 25 times & Delivery upto 5 times for interest Upto 20 times for Intraday & 0 for Delivery
Equity Futures Upto 4 times for intraday Upto 5 times above Span
Equity Options Not for buying but upto 2 times for shorting Buying 0 & Shorting upto 2 times
Currency Futures NA Upto 2 times for Intraday
Currency Options NA Buying 0 & Shorting upto 2 times
Commodity NA Upto 5 times on Span
Serviceable
3 in 1 Account YES NO
Instant Fund withdrawal YES NO
Instant Fund Transfer YES YES
Relationship Managers YES NO