Beware of RelianceMoney !

ak437 · #81 6th June 2008, 01:31 PM

hi all ,
This is not happening to Reliance Money But also happening to Religare securities since last 4 days.Their ODIN is also stucking after every 2 seconds.
This is what I presume deliberate to slow the trading .
Thanks

sanyad74 · #82 7th June 2008, 01:26 PM

Quote:

Originally Posted by fast_rizwaan

Jvblogger,

thanks for writing that to RM. on 4th june 2008, I could not protect my profit due to sudden server problem, i bought rpl @ 175 when it was rising after fuel hike, and as soon as i tried to enter trailing stop (within 10 seconds) @ 176, Reliancemoney website (easytrade, fasttrade, instatrade) were not responsive.

from 1230pm to 4pm, reliancemoney was stuck and not working!!! May be they are blocking RM customers from selling their stocks.. by denying the service!!!

and after 4 pm you can not log in reliance money.. if accidentally it happened to log in then u will see ur ledger balance zero.. etc.. many errors...
its really horrible trading platform.
rgds

pan · #83 7th June 2008, 03:26 PM

Quote:

Originally Posted by abhayt

It could be possible that the user Id and password you got was for Trade Now and NOT for InstaTrade.

As of now InstaTrade is avaliable only for franchises and not for retailers..It will be soon made avaliable to normal traders too. The user ID and password are different for all three- TradeNow, InstaTrade and PowerTrade.

Moreover if possible you assign another person as your nominee, ofcourse who has a PAN card..

Contact RM or the person who opened your account..I think this matter can be solved..
Dont panic

instr trade is for coustmers or normal traders every one can use it

jaison_kj · #84 7th June 2008, 04:46 PM

Dear friend,
The same experience is also to me, I am from kerla. I contact their cochin branch and they give me a call centre no to contact. with my openin rmony is a No.1 fraud.

Thanks for the thread

sanx · #85 9th June 2008, 10:15 PM

Ok one questions , is reliance so bad ? , is ICICI direct worth despite the heavy trading charges for futures ? . Hearing all this I am scared to try out reliance even though i have it .

I need to access from work ,ICICI is the only thing that is good ?

anjanr · #86 10th June 2008, 11:22 PM

rel is bad if u r a active trader who wants to execute a trade at 9-56 or close to closing hours. if u r a positional trader, its good

vsangeeth · #87 10th June 2008, 11:50 PM

hi guys,
i am a trading with sharekhan for the past one year...never had a problem with them.....you can negotiate with brokerages ranging from .05% to .02%.... u get charts from myiris tick by tick....before that check out service of indiainfoline...heard its much better...
never go for icici direct or rel money....its only suited for investors..its not at possible in current market........

regards
sangeeth

imaging · #88 2nd November 2008, 07:16 PM

Hello

Reliance money is cheating customers in many ways than one.

I have taken them to SEBI. The complaint is being investigated at the highest level. We need more complaints like yours.

Please email me on amit.imaging@*****.com

Also if there is a number to contact you. We also need to expose them in the media.

cheers

Amit

MYBESTFUTURE · #89 5th November 2008, 06:17 PM

Hi All,

I am a medium term investor(not an daily trader), anyone plz suggest me for opening good service provider to open demat and trading account in brokerage and service point of view?

Thnx.

Santhakumar S

fast_rizwaan · #90 5th November 2008, 08:27 PM

Quote:

Originally Posted by MYBESTFUTURE

Hi All,

I am a medium term investor(not an daily trader), anyone plz suggest me for opening good service provider to open demat and trading account in brokerage and service point of view?

Thnx.

Santhakumar S

Do NOTgo for icici, hdfc, uti, indiabulls, or reliancemoney. There are many who are good, religare (race pro), sharekhan, way2wealth.com, etc.. i personally use religare-race-pro.

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