Brokers  /  SYSTEMATIX GROUP

SYSTEMATIX GROUP

Moderate riskStockbroker
India · 5-10 years · since 2019-05-23 · Systematix Group
This is a stockbroker, not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.58/10
Trustpilot/5
Forex Peace Army/5
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SYSTEMATIX GROUP operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
45
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)5010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameSystematix Group
Headquarters India
Founded2019-05-23
Years operating5-10 years
Employees0
Official websitesystematixgroup.in
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
The Capital, A-wing, No. 603–606, 6th Floor,Plot No. C-70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Systematix Group operates as an Indian stockbroker offering equities, commodities, currency derivatives, and other products through a Demat account. However, our records show no regulatory licences, which raises significant risk for client fund safety and recourse. The lack of transparent pricing and platform details further limits its appeal. Given the unregulated status, this entity carries a guarded risk profile; traders should proceed with extreme caution and verify current compliance independently.

Best for
  • Indian retail investors seeking a single Demat account for multi-asset trading
  • Cost-conscious traders looking for low brokerage fees
  • Clients who prefer mobile trading app over desktop platforms
Not for
  • International retail forex traders requiring leverage and FX pairs beyond INR
  • Traders seeking regulated brokers under SEBI or other recognised authorities
  • Advanced traders needing MetaTrader, cTrader, or algorithmic trading tools
Period:

Real user reviews

Where SYSTEMATIX GROUP operates

Active across 3 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇮🇳 India
🇺🇸 United States
🇻🇳 Vietnam

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What SYSTEMATIX GROUP says about itself as stated by the broker · not independently verified by FXCanary

Overview

Systematix Group states on its website that it was founded in 1985 by Mr Chandra Prakash Khandelwal, with the goal of becoming a premier financial institution built on strong ethics and trust. It claims to offer a wide range of financial products including Equities, Derivatives, PMS, Commodities, Currency Derivatives, IPOs, Mutual Funds, and Debt Products (Primary Markets). The broker positions itself as a respected broking house with over 30 years of experience.

Account Opening and Features

The broker promotes a single Demat + Trading Account for online investing across Equities, Commodities, Futures, Options, Currencies, Interest Rate Derivatives, and Mutual Funds. It highlights low brokerage, a mobile app for trading convenience, and a wide range of products and services. The account opening process is described as simple: fill a form, enter an OTP, and provide required information.

Trading Platforms and Research

Systematix Group emphasises dedicated research-based advisory, with a comprehensive library of research reports created by top industry analysts. It claims proven research, smart trading, and hedging strategies for physical market players. The website mentions a 'Mobile App' for trading but does not specify additional platforms. Currency trading is supported with USD-INR, EUR-INR, GBP-INR, and JPY-INR pairs displayed.

Partner Programme

The broker offers an 'Authorised Person' (AP) partnership programme. It invites individuals to 'Team-up with Systematix' and join as an AP to benefit from the brand's expertise, a team of 1000+ experts and associates, and a wide range of products and services. The AP programme is aimed at expanding professional horizons and earning maximum returns.

Institutional Services

Systematix Group claims to be among India's fastest-growing domestic institutional brokerage houses, with a highly experienced and diversified research team catering to over 100 institutional clients across India and globally. It mentions expertise in identifying 'hidden gems' in small and mid-cap spaces, and offers road shows and conferences with senior management.

About SYSTEMATIX GROUP

Company Overview

Systematix Group is an Indian financial services firm operating through the domain systematixgroup.in. Based in Mumbai, Maharashtra, the company is registered at The Capital, A-wing, No. 603–606, 6th Floor, Plot No. C-70, G Block, Bandra Kurla Complex, Bandra (East). According to official records, the entity was founded on 23 May 2019, though its website states a history dating back to 1985, suggesting a group structure with older origins.

The broker presents itself as a full-service stockbroking and wealth management house, offering a suite of investment products including equities, derivatives, commodities, currency derivatives, mutual funds, and IPOs. It caters to both retail and institutional clients through a single Demat and trading account.

Regulation and Licensing

Our review found that Systematix Group does not hold any regulatory licences from financial authorities on file. This absence of regulation is a significant consideration for traders, as it means the broker is not overseen by a recognised financial regulator such as the Securities and Exchange Board of India (SEBI) or the Reserve Bank of India (RBI). Without regulatory oversight, client protections such as segregation of funds, compensation schemes, and dispute resolution mechanisms are not guaranteed.

This lack of regulation, as per our records, stands in contrast to the claims of being a respected broking house. Traders should verify the broker's current licensing status directly and exercise caution when dealing with unregulated entities.

Account Types and Product Offerings

Systematix Group offers a single integrated Demat and trading account that provides access to multiple asset classes. According to the website, clients can trade in equities, derivatives, commodities, currency derivatives, interest rate derivatives, and mutual funds through one account. The broker emphasises low brokerage and the convenience of a mobile app.

The product range includes equity broking for individuals and institutions, currency trading with pairs like USD-INR and EUR-INR, commodity arbitrage structures, and institutional equities. The broker also offers PMS (Portfolio Management Services) and debt products. However, specific account tiers, minimum deposits, or leverage details are not prominently disclosed on the site.

Trading Platforms and Tools

The broker highlights a mobile app for trading convenience but does not provide detailed information about its trading platforms. The website mentions 'Trading Platforms' in tabbed sections for currency and commodity products, but no names or features are specified. Systematix Group also provides research reports and advisory services, claiming proven research and smart trading strategies.

There is no mention of popular third-party platforms like MetaTrader 4 or 5, nor any desktop or web-based platform descriptions. The mobile app appears to be the primary trading interface, but technical specifications such as charting tools, order types, or API access are not detailed on the site.

Funding and Fees

Details regarding deposit and withdrawal methods, account funding, and fee structures are not clearly presented on the Systematix Group website. The broker promotes 'lowest brokerage benefits' but does not provide specific fee schedules or commissions. Information on spreads, swap rates, or non-trading fees (like inactivity charges) is absent.

Potential clients are likely required to open an account through the online form and receive details directly. The lack of transparent pricing is a common characteristic of many Indian stockbrokers, but for traders accustomed to clear fee disclosure, this may be a point of concern.

Customer Support and Resources

The website includes standard pages such as 'About Us', 'Investor Relations', and 'Partner with Us', but there is no dedicated customer support page with phone numbers, email addresses, or live chat. The broker has a social media presence on Facebook, Instagram, LinkedIn, and Twitter/X, which can be avenues for inquiry.

Educational resources appear limited to research reports and market updates. The FAQ sections for various products provide basic information but do not cover account-specific queries. Given the absence of clear support channels, clients may rely on the partner network or social media for assistance.

Target Audience

Systematix Group targets Indian retail investors looking for a single account to trade multiple asset classes, as well as institutional clients seeking research-driven equity brokerage. The authorised person programme suggests a model that relies on a network of independent partners to acquire clients, particularly in smaller cities and towns.

The broker appears suitable for cost-conscious Indian traders who want a wide product range and are comfortable with a mobile-first platform. However, it is not positioned for international forex traders or those requiring advanced trading tools and high leverage, as its core offering is domestic stockbroking with currency derivatives as a subset.

Overview compiled by FXCanary from regulatory records and public data. full SYSTEMATIX GROUP review