Both Punch Trade and Sahi are new-age, SEBI-registered brokers built for active traders. Their core idea is simple: native charting, single-screen execution, and tools designed for fast F&O trading.
Unlike many brokers, neither platform depends on TradingView. Both run their own charting engines, which allows tighter integration between analysis and order execution.
But once you look closer, you realise they’re built very differently. The pricing structure changes, the charting experience isn’t identical, and even the way trades and risk are handled comes from a different approach.
And if you’re placing multiple orders a day, these differences can affect your costs, your workflow, and sometimes even your trading behaviour.
This comparison breaks things down in practical terms so you can see which platform actually fits the way you trade.
Table of Contents:
- Punch Trade vs Sahi: Key Differences
- Punch Trade vs Sahi Brokerage & Charges
- Punch Trade vs Sahi Charting & Technical Analysis
- Punch Trade vs Sahi Scalper Tools & Execution
- Punch Trade vs Sahi Safety & Risk Management
- Punch Trade vs Sahi Platform & Ecosystem
- Punch Trade vs Sahi Pros & Cons
- Punch Trade vs Sahi: Which Broker is Better?
- FAQs
Punch Trade vs Sahi: Key Differences
At a high level, the positioning is simple. Punch Trade is built around low costs and deeper manual analysis. Sahi is built around flexibility, automation, and multi-device access.
Here’s how the core features compare.
| Parameter | Punch Trade | Sahi |
|---|---|---|
| SEBI Registration | INZ000300936 | INZ000317632 |
| Brokerage | ₹1 per executed order | ₹10 per executed order (₹10 or 0.05% for delivery) |
| Account Opening | ₹200 + GST(optional) | Free |
| AMC | ₹0 | ₹0 |
| Charting Engine | Native (Market Pulse heritage) | Native (proprietary) |
| Indicators | 40+, including Smart Money concepts | 20+ indicators + AI-based analysis |
| Multi-chart Layout | Up to 8 (desktop) | Up to 6 |
| Sub-minute Charts | 5/15/30 | Yes (5s / 10s / 15s) |
| Trailing Stop-Loss | No | Yes |
| GTT Orders | No | Yes |
| Practice Mode | No | Yes |
| Execution Transparency | Public metrics available | Not publicly disclosed |
| Platforms | Android, Web | Android, iOS, Web |
If you simplify it, Punch leans toward control and cost efficiency. Sahi leans toward convenience and operational flexibility.
Punch Trade vs Sahi Brokerage & Charges
The biggest practical difference between the two platforms is pricing. Punch Trade charges ₹1 per executed order across equity, intraday, ETFs, and F&O. Brokerage applies separately to buy and sell. Account opening costs ₹200 + GST, which is optional, and there is no annual maintenance charge.
Sahi charges ₹10 per executed order across segments. Account opening and AMC are free, and new users get zero brokerage for the first 30 days. Per order, the gap looks small. Over a month of active trading, it isn’t.
Monthly Brokerage Illustration (Including GST)
Assumptions: 22 trading days per month, GST at 18%. Statutory charges are excluded because they are mandated by regulators and are similar across brokers.
| Daily F&O Orders | Punch Trade | Sahi | Difference |
|---|---|---|---|
| 10 orders | ₹260 | ₹2,596 | ₹2,336 |
| 50 orders | ₹1,298 | ₹12,980 | ₹11,682 |
| 100 orders | ₹2,596 | ₹25,960 | ₹23,364 |
For high-frequency traders, the difference compounds quickly. Statutory costs like STT, exchange charges, SEBI fees, stamp duty, and GST apply separately and remain largely identical across brokers.
Punch Trade vs Sahi Charting & Technical Analysis
Both platforms use in-house charting engines, which help with speed and tighter integration with execution. The difference is in how they approach analysis.
Punch Trade offers 40+ indicators along with Smart Money concepts like FVG, BOS, and Change of Character. It also allows plotting call and put premiums directly on the spot chart, something options traders often use to track premium behaviour alongside price.
Sahi takes a lighter indicator approach but adds AI-based tools. These include Key Levels AI, OI-driven analysis, pattern detection, and real-time scanners. It also supports sub-minute timeframes, such as 5-second and 10-second charts, which can be important for ultra-short-term scalping.
If you prefer reading charts manually and building your own view, Punch feels deeper. If you like assisted signals and faster timeframes, Sahi offers more automation.
Punch Trade vs Sahi Scalper Tools & Execution
Both platforms provide similar scalper-style execution tools. Punch calls its interface Scalper Joystick, while Sahi calls it Scalper 2.0, and both allow traders to preset stop-loss and target levels with one-click order execution
Punch Trade’s Scalper Joystick is built around predefined risk. You set stop-loss and target first, and the order goes in with protection attached. The idea is to reduce impulsive entries.
Sahi offers a similar scalper workflow but adds features like trailing stop-loss. It also supports multi-chart viewing, although mobile chart layouts are more limited, typically allowing combinations such as an index chart alongside an options chart or two option charts.
Punch Trade also publishes execution metrics, around 0.01-second execution speed and 99.99% order success rate. Sahi mentions millisecond-level execution but does not publish detailed public metrics.
Punch Trade vs Sahi Safety & Risk Management
Both platforms recognise the same reality: most trading losses come from behaviour, not lack of information.
Punch Trade approaches risk management through two mechanisms. First, Protection Orders allow traders to attach both a stop-loss and a target to any active position. When one triggers, the other is automatically cancelled. Second, the Scalper Joystick includes risk management presets that allow traders to predefine stop-loss, target, and position sizing before placing orders, so every trade executes with SL and target already attached.
Sahi focuses more on operational control. Features such as trailing stop-loss, Kill Switch, auto square-off, and Practice Mode give traders more flexibility in managing risk.
The difference is about whether you want guardrails by default or more control over how you manage trades.
Punch Trade vs Sahi Platform & Ecosystem
Sahi offers a broader device ecosystem, including Android, iOS, and Web platforms, with syncing across devices.
Punch Trade is available on Android and Web platforms, with an iOS app currently under development. The platform is designed around a single integrated trading interface.
Punch Trade also runs Builder’s Lab, a public feedback platform where traders can submit feature ideas and vote on platform improvements. Product managers review these suggestions, and some platform updates are implemented based on trader feedback.
If you trade mostly from one system, this may not matter. But traders using Apple devices or switching between multiple devices may find Sahi more convenient.
Punch Trade vs Sahi Pros & Cons
Pros
| Punch Trade Pros | Sahi Pros |
|---|---|
| Very low brokerage (₹1 per order) | Trailing stop-loss and GTT orders |
| 100+ indicators with Smart Money concepts | Sub-minute charting for scalping |
| Premium CE/PE plotting on charts | Practice Mode for simulated trading |
| Public execution reliability metrics | AI-based analysis and scanners |
| Behavioural risk controls | Available across multiple devices |
Cons
| Punch Trade Cons | Sahi Cons |
|---|---|
| No trailing stop-loss | Higher brokerage (₹10 per order) |
| No Practice Mode | Smaller standard indicator library |
| No GTT orders | Execution metrics not publicly disclosed |
| iOS app not available yet | Ecosystem still evolving |
| Limited automation features |
Punch Trade vs Sahi: Which Broker Is Better?
The better platform largely depends on how you trade and what your workflow looks like.
Punch Trade is built as a dedicated platform for scalpers and intraday traders. The entire workflow, including charting, technical analysis, and order execution, sits on a single screen, so traders don't need to switch between tools or tabs during live trades. Features like Scalper Joystick (preset SL/target with one-tap execution), native charts with 40+ indicators and Smart Money tools, and drag-and-drop stop-loss management are designed specifically for active trading. All of this runs at ₹1 per executed order compared to Sahi's ₹10, which means brokerage costs stay flat even as trading frequency scales.
Sahi may work better for traders who need features like trailing stop-loss and practice mode. The platform also supports multi-device access, including iOS, which can matter if you trade across different devices throughout the day.
In practice, the decision often comes down to priorities. Punch Trade focuses on cost efficiency, deeper chart control, and a more disciplined execution setup. Sahi focuses more on flexibility and additional platform features such as AI-based analysis tools, market scanners, alerts, iOS support, and research-oriented tools like IPO access and advisory insights.
The choice comes down to what matters most in your trading workflow. Punch Trade is purpose-built for cost efficiency and deep manual chart analysis at ₹1 per order. Sahi is built for flexibility, trailing stop-loss, sub-minute charting, AI-powered tools, and multi-device access at ₹10 per order. Neither platform tries to do what the other does.
FAQs
1. Is Punch Trade cheaper than Sahi?
Yes. Punch Trade charges ₹1 per executed order, while Sahi charges ₹10 per order after the initial free period.
2. Does Sahi offer trailing stop-loss?
Yes. Sahi provides a customisable trailing stop-loss. Punch Trade does not currently offer this feature.
3. Does Punch Trade support Practice Mode?
No. Practice Mode is currently available only on Sahi.
4. Are both brokers SEBI-registered?
Yes. Punch Trade (INZ000300936) and Sahi (INZ000317632) are both SEBI-registered intermediaries.