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| Discuss Angel Broking -feedback at the Brokers & Trading Platforms within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi Folks, I m writing to share my experiences while using angel trade (offline trading ... |
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#1
23rd April 2009, 06:05 PM
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Angel Broking -feedback
Hi Folks, I m writing to share my experiences while using angel trade (offline trading account thru phone). Within in two months of opening the account I could realize that angel trade people are no professional people rather they are like cheap brokers mushroomed across lanes in big cities. There advisory services are totally immature and non trustworthy. Following their advice will indeed drill hole in traders pocket. They are just bothered about their brokerage - either way it comes from people lose or gain on their investment. While opening the account they will promise cheap brokerage but when you trade you will come to know you are being cheated with higher brokerage. If you argue then they have readyhanded answers about "Conditions apply" - that you ought to trade in crores to get that promised low brokerage. Also, they will threaten to cut your positions by themselves if margin shortfalls by meagre thousand rupees, and not paid. If others too have any comments/views then pls share. Thanks. imdtrader 
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#2
23rd April 2009, 08:46 PM
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Re: Angel Broking -feedback
Most of brokers have the same attitude. what to do
 The only aim of a broker is to earn money without any risk. Take risk and make your broker happy and this is the story of market. Few brokers have good service than others but at last it is the investor who has to bear the whole risk. Borker is always on a safer side to earn money. I am also not very happy with my broker and I've lost money many times due to my broker's cheap infrastructure. We all have to bear with that. If you are not happy then why don't you research about other brokers? If you are not happy with your broker then kick him out of your life. After all it's matter of your money.
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#4
26th April 2009, 12:30 PM
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Re: Angel Broking -feedback
Its not easily possible to come out since my money is trapped with the stupid investment advice that jinggled out from their advisory den. I m trying to average out though.
Not sure if this is seen with most of the branches of angeltrade. But I have found Bangalore branch office not cooperative and indeed disgusting. Thanks Quote:
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#5
29th January 2010, 01:51 AM
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Re: Angel Broking -feedback
Yes its true, I have account in chennai anna nagar branch, brokerage is 0.5%. I opened account two months back. Yet there is no single stock tip they gave me which made profit, there is indeed no research which they claim to do in their websites and ads. Customer service is pathetic. They just dont care for anything after you open the account.
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