SYSTEMATIX GROUP broker Accounts

systematix group Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

systematix group Account Types Explained

Systematix Group offers a variety of account types tailored to meet the needs of different traders. Below is an overview of the available account types, their features, and the target user profiles.

1. Standard Account

• Minimum Deposit Requirement: ₹5,000
• Spread/Commission Structure: Variable spreads starting at 0.5 pips
• Leverage Options: Up to 1:100
• Key Features: Access to all trading instruments, educational resources, and customer support.
• Target User Profile: Beginners and retail traders.
• Trading Instruments Available: Equities, commodities, currencies, and mutual funds.

2. ECN Account

• Minimum Deposit Requirement: ₹10,000
• Spread/Commission Structure: Low spreads with a commission of ₹20 per lot.
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution, and lower spreads.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex pairs, commodities, and indices.

3. Pro Account

• Minimum Deposit Requirement: ₹25,000
• Spread/Commission Structure: Fixed spreads starting at 1.0 pips with lower commissions.
• Leverage Options: Up to 1:100
• Key Features: Advanced trading tools, priority customer support, and analytics.
• Target User Profile: Professional traders and institutional clients.
• Trading Instruments Available: All available trading instruments.

4. Islamic Account

• Minimum Deposit Requirement: ₹10,000
• Spread/Commission Structure: Similar to Standard Account but without swap fees.
• Leverage Options: Up to 1:100
• Key Features: Compliance with Sharia law, no interest charges.
• Target User Profile: Muslim traders seeking Sharia-compliant trading options.
• Trading Instruments Available: Equities, commodities, and currencies.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:100
• Key Features: Risk-free trading environment with virtual funds.
• Target User Profile: Beginners wanting to practice trading strategies.
• Trading Instruments Available: All available trading instruments.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Detailed systematix group Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• Ideal for beginners.

• Access to educational resources.

• ECN Account:

• Low spreads and fast execution.

• Suitable for scalping and high-frequency trading.

• Pro Account:

• Advanced trading tools and analytics.

• Lower commissions for high-volume traders.

• Islamic Account:

• No swap fees, compliant with Sharia law.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free environment to practice.

• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN accounts.

• ECN Account:

• Requires a higher minimum deposit.

• Commission fees may add up for frequent traders.

• Pro Account:

• Higher minimum deposit requirement.

• May not be suitable for casual traders.

• Islamic Account:

• Limited availability of certain features.

• Demo Account:

• Virtual funds may not reflect real trading conditions.

• Limited duration for practice.

systematix group Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of India and select countries.
• Prohibited Countries: Specific countries may be restricted based on regulatory compliance.

Identity Verification Documents Needed

• Proof of Identity: Government-issued ID (Aadhaar, Passport, etc.).
• Proof of Residence: Utility bill, bank statement, or rental agreement.
• Additional Documentation for Professional Accounts: Business registration documents, if applicable.

KYC/AML Compliance Procedures

• Complete the KYC form during registration.
• Submit required documents for verification.
• Compliance with Anti-Money Laundering (AML) regulations.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.

Step-by-Step systematix group Account Opening Guide

Registration Process

1. Visit the Website: Go to the Systematix Group official website.
2. Click Registration: Locate and click on the "Open an Account" button.
3. Personal Information Entry: Fill out the required personal information form.
4. Choose Account Type: Select the desired account type from the available options.
5. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
6. Document Upload: Upload the necessary identity verification documents.
7. Account Verification: Wait for the account to be verified by the Systematix team.
8. Fund Your Account: Deposit the required minimum amount to start trading.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with slight variations in interface layout.

Common Registration Issues and Solutions

• Issue: Document upload failure.

• Solution: Ensure documents are in the correct format and within size limits.

• Issue: Delayed verification.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• The average time for account approval is 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of your account type.

systematix group Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments with virtual funds.
• Benefits: Practice trading strategies without financial risk.

How to Open a Demo Account

• Follow the same registration steps as for a live account but select the demo option.

Demo Account Limitations

• Limited duration for use, typically 30 days.
• Virtual funds do not reflect real market conditions.

Virtual Balance Amount

• The demo account usually comes with a virtual balance of ₹1,000,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money transactions.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days of inactivity.

systematix group Islamic Account Details

Swap-Free/Islamic Account Availability

• Systematix Group offers an Islamic account option that is swap-free.

Eligibility Requirements

• Must provide documentation confirming adherence to Islamic financial principles.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for Muslim traders.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, such as limitations on certain instruments.

FAQs – systematix group Account Types & Opening

1. What account types does systematix group offer？

• Systematix Group offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: ₹5,000; ECN: ₹10,000; Pro: ₹25,000; Islamic: ₹10,000; Demo: N/A.

1. How long does systematix group account verification take？

• Verification typically takes 1-3 business days.

1. Does systematix group offer demo accounts？

• Yes, a demo account is available for practice trading.

1. Can I have multiple account types with systematix group？

• Yes, you can have multiple accounts, subject to compliance with registration requirements.

1. Does systematix group offer Islamic/swap-free accounts？

• Yes, an Islamic account option is available.

1. What documents do I need to open a systematix group account？

• Proof of identity and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.