Comparison –  SAS Online Vs ICICI Direct

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