Compare stock brokers
Rishabh Securities vs. Systematix Shares
All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.
Among the best stockbrokers in India, two top names are Rishabh Securities and Systematix Shares. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Rishabh Securities and Systematix Shares.
Overview
Rishabh Securities is private company and Systematix Shares is public company. both are full service broker as well. Siddhart Karnawat CEO co-founded Rishabh Securities in 1991. And Systematix Shares was founded in the year 2003 by Chandra Prakash Khandelwal. Rishabh Securities's headquarters are in Beawar, Rajasthan and Systematix Shares's headquarters are in Mumbai, Maharashtra.
Rishabh Securities and Systematix Shares both are full service broker as well. Rishabh Securities is registered in NA, while Systematix Shares is registered in NA. The total branches of Rishabh Securities are Nil and the Systematix Shares branches are Nil.
| Overview | Rishabh Securities | Systematix Shares |
|---|---|---|
| Broker Type | Full Service Broker | Full Service Broker |
| Type of company | Private | Public |
| Headquarter | Beawar, Rajasthan | Mumbai, Maharashtra |
| Founders | Siddhart Karnawat CEO | Chandra Prakash Khandelwal |
| Foundation Year | 1991 | 2003 |
| Supported Exchanges | NA | NA |
| Total branches | Nil | Nil |
Rishabh Securities and Systematix Shares Trading Account Opening and Demat Charges
A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).
Account opening fees for various brokers range from 0 to Rs.200, with Rishabh Securities charging Free and Systematix Shares charging Rs.250.
When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Rishabh Securities Demat account is Rs.270 per Annum and for the Systematix Shares Demat account is Rs.250 per Annum. The Trading AMC for Rishabh Securities and Systematix Shares is free. And the margin money for both brokers is also zero.
As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Rishabh Securities and Systematix Shares is CDSL.
| Account Opening and Demat Charges | Rishabh Securities | Systematix Shares |
|---|---|---|
| Trading Account Opening Charges | Free | Rs.250 |
| Demat AMC (Annual Maintenance Charges) | Rs.270 per Annum | Rs.250 per Annum |
| Trading AMC (Annual Maintenance Charges) | Free | Free |
| Margin Money | Minimum Rs.1,000 | Minimum Rs.5,100 |
| Offline to Online Charges | Yes | Yes |
| Depository | CDSL & NSDL | CDSL & NSDL |
Rishabh Securities and Systematix Shares Equity Brokerage Charges
There are more charges that a broker charges for equity transactions.
Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Rishabh Securities is 0.21%, while Systematix Shares charges you 0.35%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Rishabh Securities is 0.02% and for Systematix Shares also, it is 0.04%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Rishabh Securities charge 0.02% and Systematix Shares charge 0.04% for equity futures.
Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Rishabh Securities charges Rs.21 per Lot, and Systematix Shares charges Rs.35 per Lot.
| Equity Brokerage Charges | Rishabh Securities | Systematix Shares |
|---|---|---|
| Equity Delivery Brokerage | 0.21% | 0.35% |
| Equity Intraday Brokerage | 0.02% | 0.04% |
| Equity Futures Brokerage | 0.02% | 0.04% |
| Equity Options Brokerage | Rs.21 per Lot | Rs.35 per Lot |
Rishabh Securities and Systematix Shares Currency Brokerage Charges
Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.
Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Rishabh Securities is 0.02% and for Systematix Shares is 0.04%.
Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Rishabh Securities charges Rs.21 per Lot for currency options, whereas Rishabh Securities charges Rs.15 per Lot.
| Currency Brokerage Charges | Rishabh Securities | Systematix Shares |
|---|---|---|
| Currency Futures Brokerage | 0.02% | 0.04% |
| Currency Options Brokerage | Rs.21 per Lot | Rs.15 per Lot |
Rishabh Securities and Systematix Shares Commodity Brokerage Charges
Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Rishabh Securities charges 0.02% for commodity trading, while Systematix Shares charges 0.04%.
| Commodity Brokerage Charges | Rishabh Securities | Systematix Shares |
|---|---|---|
| Commodity Options Brokerage | 0.02% | 0.04% |
Rishabh Securities and Systematix Shares Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Rishabh Securities levies a minimum brokerage fee of Percentage of Transaction, while Systematix Shares charges Percentage of Transaction brokerage fee.
Transaction Brokerage Charges: Rishabh Securities levies a transaction brokerage charge of 0.00271%, while Systematix Shares charges 0.00299%.
SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Rishabh Securities is 0.0002% of Total Turnover and for Rishabh Securities is 0.0002% of Total Turnover.
Stamp Duty Charges: This fee is charged as per the state and asset class.
GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)
STT (Securities Transaction Tax): The STT charges for Rishabh Securities are 0.0126% of Total Turnover, while for Systematix Shares, they are 0.0126% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. Rishabh Securities charges NA and Systematix Shares charges NA.
| Other Brokerage Charges | Rishabh Securities | Systematix Shares |
|---|---|---|
| Minimum Brokerage Charges | Percentage of Transaction | Percentage of Transaction | Transaction Brokerage Charges | 0.00271% | 0.00299% | SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover | Stamp Duty Charges | As per the state | As per the state | GST Charges | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) | STT Charges | 0.0126% of Total Turnover | 0.0126% of Total Turnover | Call and Trade Charges | NA | NA |
Rishabh Securities and Systematix Shares Equity Exposure/Leverage
With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.
Equity Delivery: Leverage provided for Equity Delivery by Rishabh Securities is up to Upto 2x and by Systematix Shares it is up to Upto 2x.
Equity Intraday: Leverage for equity intraday by Rishabh Securities is up to Upto 6x and by Systematix Shares it is up to Upto 10x.
Equity Futures: Leverage for Equity Futures by Rishabh Securities is up to Upto 2x and by Systematix Shares it is up to Upto 2x.
Equity Options: Leverage for Equity Options by Rishabh Securities is up to Upto 6x and by Systematix Shares also, it is up to Upto 4x.
| Equity Leverage | Rishabh Securities | Systematix Shares |
|---|---|---|
| Equity Delivery | Upto 2x | Upto 2x | Equity Intraday | Upto 6x | Upto 10x | Equity Futures | Upto 2x | Upto 2x | Equity Options | Upto 6x | Upto 4x |
Rishabh Securities and Systematix Shares Currency Leverage
The currency futures leverage provided by Rishabh Securities is up to Upto 2x, while for Systematix Shares it is up to Upto 3x.
The currency options leverage provided by Rishabh Securities is up to Upto 1x, while for Systematix Shares it is up to Upto 4x.
| Currency Leverage | Rishabh Securities | Systematix Shares |
|---|---|---|
| Currency Futures | Upto 2x | Upto 3x | Currency Options | Upto 1x | Upto 4x |
Rishabh Securities and Systematix Shares Commodity Leverage
The commodity leverage provided by Rishabh Securities is up to Upto 3x, while for Systematix Shares it is up to Upto 2x.
| Commodity Leverage | Rishabh Securities | Systematix Shares |
|---|---|---|
| Commodity | Upto 3x | Upto 2x |
Rishabh Securities and Systematix Shares Offers
Brokers offer various exciting offers to entice new customers. Here are some of them:
Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.
Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.
Brokerage Discounts: Coupons providing up to 50% discount at their rates.
Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.
1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.
Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.
Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.
Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.
| Offers | Rishabh Securities | Systematix Shares |
|---|---|---|
| Free Stock Trading Account | Yes | Yes | Free Demat Account | Yes | No | Flexible Plans | Yes | Yes | Brokerage Discounts | Yes | Yes | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | No | Yes | Referral Program | No | Yes | Zero Brokerage on Loss Trades | No | No |
Rishabh Securities and Systematix Shares Features
Equity Trading: Rishabh Securities and Systematix Shares brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.
Currency and Commodity Trading: Rishabh Securities and Systematix Shares also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Rishabh Securities and Systematix Shares broker is that you can also invest in IPOs. Rishabh Securities also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Rishabh Securities offers trading exposure of up to Upto 6x, while Systematix Shares gives up to Upto 10x.
Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Rishabh Securities and Systematix Shares, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Rishabh Securities and Systematix Shares also allow you to trade in forex trading.
| Features | Rishabh Securities | Systematix Shares |
|---|---|---|
| Equity Delivery Trading | Yes | Yes | Equity Intraday Trading | Yes | Yes | Equity Futures Trading | Yes | Yes | Equity Options Trading | Yes | Yes | Currency Trading | Yes | Yes |
| Commodity Trading | Yes | Yes | IPO (Initial public offering) | Yes | No | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | No | Yes |
| Trading Institution | No | No | Trading Exposure | Upto 6x | Upto 10x | Mutual Funds | Yes | No | SIP (Systematic Investment Plan) | Yes | No | Forex Trading | No | No | Banking | No | No | Insurance | No | Yes |
Rishabh Securities and Systematix Shares Advisory Services
Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-
Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.
Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Rishabh Securities and Systematix Shares offer you in-depth research reports.
Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.
Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.
Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.
| Advisory Services | Rishabh Securities | Systematix Shares |
|---|---|---|
| Fundamental Reports | No | Yes |
| Research Reports | No | Yes |
| Company Reports | No | Yes |
| Annual Reports | No | Yes |
| Company Stock Review | No | Yes |
| Free Stock Tips | Yes | Yes |
| IPO Reports | Yes | Yes |
| Top Picks | Yes | No |
| Daily Market Review | Yes | Yes |
| Monthly Reports | Yes | Yes |
| Weekly reports | Yes | Yes |
| Offline Advisory | Yes | Yes |
| Relationship Manager | Yes | Yes |
Rishabh Securities and Systematix Shares Desktop Trading Platforms
A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Rishabh Securities and Systematix Shares offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.
| Desktop Trading Platforms | Rishabh Securities | Systematix Shares |
|---|---|---|
| Windows | Yes | Yes |
| Mac | No | Yes |
| Desktop Browser | Yes | Yes |
Rishabh Securities and Systematix Shares Mobile Trading Platforms
Rishabh Securities and Systematix Shares offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | Rishabh Securities | Systematix Shares |
|---|---|---|
| Mobile Browser | Yes | Yes |
| Android App | Yes | Yes |
| iOS App | Yes | Yes |
| Windows App | No | No |
| Other mobile os | No | No |
Rishabh Securities and Systematix Shares Customer Support
Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Rishabh Securities and Systematix Shares give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.
| Customer Support Features | Rishabh Securities | Systematix Shares |
|---|---|---|
| Relationship Manager | Yes | Yes |
| Offline Trading | Yes | Yes |
| Online Trading | Yes | Yes |
| 24 * 7 Support | No | No |
| Email Support | Yes | Yes |
| Chat Support | No | No |
| Toll free number | No | No |
| Support Branches | 428 | 7 |
Rishabh Securities and Systematix Shares Customer Complaints
The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Rishabh Securities and Systematix Shares registered and resolved complaints.
For Rishabh Securities, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.
For Systematix Shares, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.
We can say that Rishabh Securities is better than Systematix Shares in case of resolving customer complaints.
| BSE Complaints | Rishabh Securities | Systematix Shares |
|---|---|---|
| BSE Complaints | 1 | 2 |
| BSE Resolved Complaints | 1 | 2 |
| Percentage of resolved BSE complaints | 100.00 % | 100.00 % |
| NSE Complaints | 2 | 4 |
| NSE Resolved Complaints | 2 | 4 |
| Percentage of resolved NSE complaints | 100.00 % | 100.00 % |
| BSE/NSE Complaint vs. Resolved Percentage | 100.00 % | 100.00 % |
Frequently Asked Questions
Is Rishabh Securities better than Systematix Shares?
Rishabh Securities and Systematix Shares are at the top among the best full service brokers. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.
Is Systematix Shares better than Rishabh Securities?
Systematix Shares and Rishabh Securities are at the top among the best full service brokers. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.
Which is cheaper between Rishabh Securities and Systematix Shares?
Rishabh Securities and operate as full-service brokers, generally resulting in higher brokerage charges compared to discount brokers. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.
Which is better, Rishabh Securities and Systematix Shares?
To figure out which of the two stockbrokers, Rishabh Securities and Systematix Shares, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Rishabh Securities with other stock brokers
Visit the following pages to see a detailed comparision report of Rishabh Securities with other brokerage firms.
Compare Systematix Shares with other stock brokers
Visit the following pages to see a detailed comparision report of Systematix Shares with other brokerage firms.