Beware of Edelweiss

#1
Hi,

Just wanted to let other members about Edelweiss so that they dont fall in trap of this company. This company is cheating people who are not going through the documents thoroughly before putting their sign in the paper(Which I believe many do and unfortunately I was one of them ). Their representative is claiming that their brokerage is applied on one side and intraday charge is .02 paisa and delivery charge is .2 paisa. I believed him and opened an account with Rs 1000 as advance brokerage. However after the account is opened I came to know that the actual brokerage is applied on both sides and the brokerage is .03 and .3 respectively. I was not happy with this at all and wanted to get my advance brokerage refunded. But the customer case and managers are so shameless that they put the entire blame on me saying that I should have looked into the paper before signing. I learned a lesson but in bitter taste. Just wanted to let my friends here to know this so that they dont make similar mistake.

Regards,
Pranta
 
#2
i see mistake is in that executive side..and not in edelweiss side..
i have edelweiss since two months.(i have other accounts since two years)..and it is nice to me..

any way, take care next time when you open account, ask him to show the plan in printed brouchure on which you are signing..and not on words..
 

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