Reliance money

#1
I had account with Reliance Money. I had to close the account for the following reasons: (1) Poor Service (2) Poor Web Trade or Insta Trade (3) Contract note was just transaction summary.

The website was constantly showing the orders as " in process" throughout. No cancellation or modification coule be done. Is any one still facing similar problem?.

Regarding contract note, there was no scripwise sub totals i.e. when there are multiple transactions in each scrip, sub totals as to net buy or sell and its respective amount is not shown in contract note. It was not possible to arrive at purchase/sale rate unless one works out manually for each scrip. Is there any change now?.

Regarding Poor service, I think, one has to live with it as I have faced more severe problems with almost every broking house such as Sharekhan, India Bull and Religare.

I wish to come back to Reliance money provided there is improvement in their software and contract note. Will any one who deal with Reliance Money clarify please?.
 

NOMINDTR

Well-Known Member
#2
when there are multiple transactions in each scrip, sub totals as to net buy or sell and its respective amount is not shown in contract note. It was not possible to arrive at purchase/sale rate unless one works out manually for each scrip.


I wish to come back to Reliance money provided there is improvement in their software and contract note. Will any one who deal with Reliance Money clarify please?.
Many brokers give contract note in that kind :(

In any broking model, initially they are suppose suffer technology. The big the broking house is, the big the troubles are. Stay away till they come out with good technology.
 

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