Sahi Broker Review: Everything You Need to Know Before You Trade

The first time you read a contract note from the top to the bottom, the brokerage probably wasn’t the surprise. It was all the other charges hanging with it. And that’s when you realize how quickly costs can eat into your returns. 

Not anymore though. Because that’s the problem Sahi’s trying to solve. It’s a SEBI-registered discount broker built for people who trade, while also offering the essentials for investors.

Here’s what you need to know about the Sahi Trading app, its platform, brokerage charges, and its pros and cons.

Key Takeaway

• SEBI-registered discount broker for stocks, F&O, IPO and ETFs.
• Flat ₹10 per order after 30 days of zero brokerage.
• Built especially for active and serious F&O traders and scalpers.
• Sahi was founded by Dale Vaz, formerly CTO at Swiggy, and Manish Jain, who previously led product initiatives at Kotak Securities.

What Is the Sahi Trading App?

Sahi is a discount broking platform launched in December 2024. It covers F&Os, stocks, IPOs, and ETFs on a single-screen interface. And they have a clear message built for serious traders, with in-house charts and real-time AI, and deliberately no gamification. It has hit more than 4M+ downloads and a 4.5 rating across 16K+ ratings, and a Fintech Startup of the Year award at the IFTA 2025.

Who Built Sahi? Founders and Track Record

This is where Sahi earns your trust. It was co-founded by Dale Vaz, who traded personally for 17 years and was Head of Engineering and then CTO at Swiggy, and Manish Jain, an options-product veteran from Kotak Securities and Fisdom. So the people building the tools have both sat in front of an option chain and shipped financial products at scale. 

Sahi Trading Platform and Chart Trading Features

What can you actually do here? 

Charting, execution, AI signals, and strategy building all in one place.

Sahi charts and Scalper 2.0

Sahi built its charts in-house rather than licensing them, so you can place and manage trades straight from the chart. Scalper 2.0 stacks the index chart, call and put charts, the option chain, and live P&L on one options buying screen, with one-tap orders and drag-and-drop stop-loss. 

Note: the “60% faster charts” line compares Sahi to its own older version, not to rivals.

Sahi AI and strategy builder

Sahi AI flags trends and breakout stocks across the major indices, but its insights refresh roughly every 5 minutes, so treat it as a scanner rather than a live signal. The options strategy builder lets you build multi-leg trades and see payoff and risk graphs before you commit. 

How to Open a Demat Account with Sahi

Opening a Sahi account is fully online and takes about 10 minutes on your phone. All you need is your Aadhaar, PAN, and a bank account. Here’s the process:

1. Download the Sahi app from the Play Store or App Store. Verify your mobile number and email with an OTP.
2. Finish KYC through DigiLocker using your Aadhaar. Sahi auto-fetches your PAN, so you just confirm it.
3. This is followed by a selfie verification.
4. Link your bank account over UPI or enter the details manually.
5. Pick your segments (equity is default; add F&O by uploading income proof) and add a nominee.
6. e-Sign with an Aadhaar OTP.

The verification process gets complete within 48 working hours; then you set a PIN, and you’re good to go. It costs nothing to open, with no AMC, and your first 30 days are brokerage-free.

Sahi Brokerage Charges Explained

So here comes the money part – you trade without paying any brokerage for the first 30 days. But then pay a flat ₹10 per executed order across segments. F&Os are also charged ₹10 flat regardless of the quantity or premium. Stocks and ETFs are charged ₹10 or 0.05%, whichever is lower. Statutory charges like STT and GST are identical to every Indian broker, so nobody wins there.

Competitor figures are indicative, drawn from Sahi’s own comparison. But it’s advised to check against your current broker.

Is Sahi a Safe Stock Broker?

Yes, Sahi is a safe stock broker. Sahi operates under SEBI Stock Broker Registration: INZ000317632, has a CDSL DP ID: IN-DP-780-2024 and a Research Analyst registration: INH000022172, all listed in its regulatory information. Sahi follows the standard grievance routes: SCORES, the ODR portal and a named compliance officer. That said, this is about derivatives trading, and Sahi’s own site highlights the SEBI warning that 9 out of 10 F&O traders lose money. Even a smooth app like Sahi doesn’t change that math.

Sahi Trading App: Pros and Cons

Pros

• Low, predictable ₹10 flat pricing. And free brokerage for the first 30 days.
• Single-screen options workflow built for speed.
• AI, scanners, more than 100 premium indicators, and the options strategy builder included at no extra cost.

Cons

• Young broker, launched in December 2024, so limited long-term track record.
• Built for active traders, so a poor fit if you buy and hold.

Final Thoughts

If you scalp Bank Nifty on your phone or trade options daily, Sahi is worth a real trial, especially the 30 free days. But if you’re a buy-and-hold investor who logs in twice a year, most of what makes Sahi special is wasted on you, and a plainer broker will do the job.

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