Reliance Money's latest blunder ...

jdm · #11 23rd March 2008, 10:42 PM

ahh never mind, i also got a Rs.450 debited. and about sebi, no point in that. the buggers own them.

chet26 · #12 24th March 2008, 06:16 PM

Quote:

Originally Posted by purplehaze

Somebody said it right, be a share holder in Anil Ambani's companies, but never be a consumer.

Reliance Power IPO experience has proved that statement wrong. It will take years for Anil Ambani to regain the trust of retail investors.

beginner_av · #13 24th March 2008, 07:51 PM

Quote:

Originally Posted by chet26

Reliance Power IPO experience has proved that statement wrong. It will take years for Anil Ambani to regain the trust of retail investors.

wrong? you are wrong. its nothing to do with Sebi. May be someone else (dont u know who?)

nitul · #14 12th October 2008, 12:05 AM

My Ledger Balance keeps changing everyday wheather I trade or not. They debits money for a profitable trade and for losses as well.

Why their site is not accessible all the time? I think, during inaccessible time they do whatever they like espicially some fraudlent activities.

andygp · #15 13th October 2008, 11:14 AM

This is a very serious charge. Have you filed a complain to their customer grievance as well as SEBI?

I have been using RMoney for more than one year and something like this has never happened to me. At least not yet :-)

trader31339 · #16 17th October 2008, 05:46 PM

Reliance Money users,
Please tell me while trading whenever you need to punch security token code, do you feel comfortable or uncomfortable.....do you feel inconveinet ? do you feel it is time consuming.....pls just tell me your exp while punching security code......

NOTE I am not asking abt relinace money service just issues related to security token.....

THANKS

andygp · #17 17th October 2008, 05:56 PM

I have not experienced any issues with security token. It got bad once but they replaced it within 2 days. I think it is one of the best security systems. You can do trading from a net cafe without worrying about security breaches if you wish.

trader31339 · #18 17th October 2008, 06:48 PM

ANDYGP.....thanks for your support......what my query basically was isnt it troublesome and uncomfortable to punch security key number each and every time while placing orders.....?? For a frequent trader what I suppose is that it must be uncomfortable ( I may be wrong )

Further while placing orders over telephone also you need security key....

THANKS

andygp · #19 19th October 2008, 09:00 PM

well you need to punch in at the time of logging in not everytime you place orders.

fast_rizwaan · #20 20th October 2008, 03:20 AM

Dump reliancemoney, it is the worst broker, who will put you in all disadvantaged positions possible.

1. bad deliveries (extra/over deliveries) of shares
2. under deliveries (lesser shares) leads to auction in ATST/BTST
3. auto-square-off twice (for margin trade)
4. auto-square-off for delivery based trade (which is ridiculous)

you'll end up paying 50% of your account for their mistakes, i exprienced all that with reliance money and quit after unable to square-off after their system hung, and also could not sell my delivery on a falling market...

leave reliancemoney, they really suck...

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