Compare stock brokers
Shah Investor 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 Shah Investor and Systematix Shares. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Shah Investor and Systematix Shares.
Overview
Shah Investor and Systematix Shares are both public companies and both are full service broker as well. UPENDRA T SHAH co-founded Shah Investor in 1994. And Systematix Shares was founded in the year 2003 by Chandra Prakash Khandelwal. Shah Investor's headquarters are in Ahmedabad, Gujarat and Systematix Shares's headquarters are in Mumbai, Maharashtra.
Shah Investor and Systematix Shares both are full service broker as well. Shah Investor is registered in NA, while Systematix Shares is registered in NA. The total branches of Shah Investor are Nil and the Systematix Shares branches are Nil.
| Overview | Shah Investor | Systematix Shares |
|---|---|---|
| Broker Type | Full Service Broker | Full Service Broker |
| Type of company | Public | Public |
| Headquarter | Ahmedabad, Gujarat | Mumbai, Maharashtra |
| Founders | UPENDRA T SHAH | Chandra Prakash Khandelwal |
| Foundation Year | 1994 | 2003 |
| Supported Exchanges | NA | NA |
| Total branches | Nil | Nil |
Shah Investor 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 Shah Investor charging Rs.500 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 Shah Investor Demat account is Rs.250 and for the Systematix Shares Demat account is Rs.250 per Annum. The Trading AMC for Shah Investor 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 Shah Investor and Systematix Shares is CDSL.
| Account Opening and Demat Charges | Shah Investor | Systematix Shares |
|---|---|---|
| Trading Account Opening Charges | Rs.500 | Rs.250 |
| Demat AMC (Annual Maintenance Charges) | Rs.250 | Rs.250 per Annum |
| Trading AMC (Annual Maintenance Charges) | Zero | Free |
| Margin Money | Rs.15,000 Minimum | Minimum Rs.5,100 |
| Offline to Online Charges | Yes | Yes |
| Depository | CDSL & NSDL | CDSL & NSDL |
Shah Investor 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 Shah Investor is 0.30%, 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 Shah Investor is 0.03% 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. Shah Investor charge 0.03% 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, Shah Investor charges Rs.50 per Lot, and Systematix Shares charges Rs.35 per Lot.
| Equity Brokerage Charges | Shah Investor | Systematix Shares |
|---|---|---|
| Equity Delivery Brokerage | 0.30% | 0.35% |
| Equity Intraday Brokerage | 0.03% | 0.04% |
| Equity Futures Brokerage | 0.03% | 0.04% |
| Equity Options Brokerage | Rs.50 per Lot | Rs.35 per Lot |
Shah Investor 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 Shah Investor is 0.03% 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. Shah Investor charges Rs.20 per Lot for currency options, whereas Shah Investor charges Rs.15 per Lot.
| Currency Brokerage Charges | Shah Investor | Systematix Shares |
|---|---|---|
| Currency Futures Brokerage | 0.03% | 0.04% |
| Currency Options Brokerage | Rs.20 per Lot | Rs.15 per Lot |
Shah Investor 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. Shah Investor charges 0.03% for commodity trading, while Systematix Shares charges 0.04%.
| Commodity Brokerage Charges | Shah Investor | Systematix Shares |
|---|---|---|
| Commodity Options Brokerage | 0.03% | 0.04% |
Shah Investor and Systematix Shares Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Shah Investor levies a minimum brokerage fee of Percentage of Transaction, while Systematix Shares charges Percentage of Transaction brokerage fee.
Transaction Brokerage Charges: Shah Investor levies a transaction brokerage charge of 0.00325% of Total Turnover, 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 Shah Investor is 0.0002% of Total Turnover and for Shah Investor 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 Shah Investor 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. Shah Investor charges NA and Systematix Shares charges NA.
| Other Brokerage Charges | Shah Investor | Systematix Shares |
|---|---|---|
| Minimum Brokerage Charges | Percentage of Transaction | Percentage of Transaction | Transaction Brokerage Charges | 0.00325% of Total Turnover | 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 |
Shah Investor 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 Shah Investor is up to Upto 3x and by Systematix Shares it is up to Upto 2x.
Equity Intraday: Leverage for equity intraday by Shah Investor is up to Upto 8x and by Systematix Shares it is up to Upto 10x.
Equity Futures: Leverage for Equity Futures by Shah Investor is up to Upto 4x and by Systematix Shares it is up to Upto 2x.
Equity Options: Leverage for Equity Options by Shah Investor is up to Upto 5x and by Systematix Shares also, it is up to Upto 4x.
| Equity Leverage | Shah Investor | Systematix Shares |
|---|---|---|
| Equity Delivery | Upto 3x | Upto 2x | Equity Intraday | Upto 8x | Upto 10x | Equity Futures | Upto 4x | Upto 2x | Equity Options | Upto 5x | Upto 4x |
Shah Investor and Systematix Shares Currency Leverage
The currency futures leverage provided by Shah Investor is up to Upto 3x, while for Systematix Shares it is up to Upto 3x.
The currency options leverage provided by Shah Investor is up to Upto 2x, while for Systematix Shares it is up to Upto 4x.
| Currency Leverage | Shah Investor | Systematix Shares |
|---|---|---|
| Currency Futures | Upto 3x | Upto 3x | Currency Options | Upto 2x | Upto 4x |
Shah Investor and Systematix Shares Commodity Leverage
The commodity leverage provided by Shah Investor is up to Upto 3x, while for Systematix Shares it is up to Upto 2x.
| Commodity Leverage | Shah Investor | Systematix Shares |
|---|---|---|
| Commodity | Upto 3x | Upto 2x |
Shah Investor 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 | Shah Investor | Systematix Shares |
|---|---|---|
| Free Stock Trading Account | Yes | Yes | Free Demat Account | No | No | Flexible Plans | No | Yes | Brokerage Discounts | Yes | Yes | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | Yes | Yes | Referral Program | No | Yes | Zero Brokerage on Loss Trades | No | No |
Shah Investor and Systematix Shares Features
Equity Trading: Shah Investor 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: Shah Investor and Systematix Shares also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Shah Investor and Systematix Shares broker is that you can also invest in IPOs. Shah Investor also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Shah Investor offers trading exposure of up to Upto 8x, 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 Shah Investor 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. Shah Investor and Systematix Shares also allow you to trade in forex trading.
| Features | Shah Investor | 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 8x | Upto 10x | Mutual Funds | Yes | No | SIP (Systematic Investment Plan) | Yes | No | Forex Trading | No | No | Banking | No | No | Insurance | Yes | Yes |
Shah Investor 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. Shah Investor 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 | Shah Investor | Systematix Shares |
|---|---|---|
| Fundamental Reports | No | Yes |
| Research Reports | No | Yes |
| Company Reports | No | Yes |
| Annual Reports | No | Yes |
| Company Stock Review | Yes | Yes |
| Free Stock Tips | Yes | Yes |
| IPO Reports | Yes | Yes |
| Top Picks | Yes | No |
| Daily Market Review | Yes | Yes |
| Monthly Reports | No | Yes |
| Weekly reports | Yes | Yes |
| Offline Advisory | Yes | Yes |
| Relationship Manager | Yes | Yes |
Shah Investor 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. Shah Investor 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 | Shah Investor | Systematix Shares |
|---|---|---|
| Windows | Yes | Yes |
| Mac | Yes | Yes |
| Desktop Browser | No | Yes |
Shah Investor and Systematix Shares Mobile Trading Platforms
Shah Investor and Systematix Shares offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | Shah Investor | Systematix Shares |
|---|---|---|
| Mobile Browser | No | Yes |
| Android App | Yes | Yes |
| iOS App | Yes | Yes |
| Windows App | No | No |
| Other mobile os | No | No |
Shah Investor 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. Shah Investor 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 | Shah Investor | 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 | Yes | No |
| Toll free number | No | No |
| Support Branches | 50 | 7 |
Shah Investor 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 Shah Investor and Systematix Shares registered and resolved complaints.
For Shah Investor, 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 Shah Investor is better than Systematix Shares in case of resolving customer complaints.
| BSE Complaints | Shah Investor | Systematix Shares |
|---|---|---|
| BSE Complaints | 4 | 2 |
| BSE Resolved Complaints | 4 | 2 |
| Percentage of resolved BSE complaints | 100.00 % | 100.00 % |
| NSE Complaints | 5 | 4 |
| NSE Resolved Complaints | 5 | 4 |
| Percentage of resolved NSE complaints | 100.00 % | 100.00 % |
| BSE/NSE Complaint vs. Resolved Percentage | 100.00 % | 100.00 % |
Frequently Asked Questions
Is Shah Investor better than Systematix Shares?
Shah Investor 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 Shah Investor?
Systematix Shares and Shah Investor 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 Shah Investor and Systematix Shares?
Shah Investor 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, Shah Investor and Systematix Shares?
To figure out which of the two stockbrokers, Shah Investor and Systematix Shares, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Shah Investor with other stock brokers
Visit the following pages to see a detailed comparision report of Shah Investor 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.