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| Discuss 1 paisa per trade ? Is it true? BMA Wealth Creators at the Brokers & Trading Platforms within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Recently there has been a spate of advertisements about BMA Wealth Creators who advertise their ... |
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#1
31st May 2011, 08:20 PM
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1 paisa per trade ? Is it true? BMA Wealth Creators
 Recently there has been a spate of advertisements about BMA Wealth Creators who advertise their service at 1 paisa per trade !!! Is anyone of you using their services? Any feedback? They are using Kareena Kapoor (  ) in their advertisement.I tried their toll free number 2-3 times (1860-3000-1099) but it was busy. I didn't want to SMS them .. not yet. Check out these links from google. http://www.bmawc.com/Default http://www.consumercourt.in/product-...d-company.html PS : as I was typing this, I received a return call from them. It seems that the scheme is for unlimited trading for 3 months if you pay advance brokerage of Rs. 8272 (equities) or Rs. 16000 (something like that) for equities + forex + derivatives. 
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| The Following User Says Thank You to timepass For This Useful Post: | ||
TraderRavi (31st May 2011) | ||
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#2
31st May 2011, 10:37 PM
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Re: 1 paisa per trade ? Is it true? BMA Wealth Creators
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#3
31st May 2011, 10:45 PM
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Re: 1 paisa per trade ? Is it true? BMA Wealth Creators
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#5
1st June 2011, 12:26 AM
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Re: 1 paisa per trade ? Is it true? BMA Wealth Creators
Any Brokerage Firm Asking For Lumpsum Brokerage in Advance STAY AWAY - No Second Thought.
SG
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| The Following 7 Users Say Thank You to SavantGarde For This Useful Post: | ||
bull's run (15th July 2011), praveenpious (2nd June 2011), pundit (24th June 2011), sandeep.kala (30th June 2011), timepass (1st June 2011), TradeRaid (24th June 2011), TraderRavi (1st June 2011) | ||
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#6
1st June 2011, 07:50 AM
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Re: 1 paisa per trade ? Is it true? BMA Wealth Creators
Quote:
I have a very very very bad experience with these BMA people. Don't be a bakra to their gimmicks. Still now, I am receiving the bills for the trades I had done in August/September 2010. I had closed their account in March 2011 without getting proper bills+disputed ledger amounts, as I was frustrated  with their poor services, disguised way of collecting money in bills,etc.As for 1 paise brokerage is concerned---- it is an old trick used by Reliance Money few years back.... for your information .... One of the directors of BMA is Ex-Reliance Money executive. Now for Kareena.... I never fascinated of her as her looks give impression of Vampire in english moovies. (my personal view) Take proper homework before jumping to BMAWealth where wealth erosion is high. Good luck. Regards CMAK 
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| The Following 4 Users Say Thank You to cmak For This Useful Post: | ||
pundit (24th June 2011), silverm (4th August 2011), timepass (1st June 2011), TraderRavi (1st June 2011) | ||
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#7
1st June 2011, 09:50 AM
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Re: 1 paisa per trade ? Is it true? BMA Wealth Creators
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But this BMA thing appears to be a blatant lie since the advertisement doesn't even say (*) "Conditions apply".
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#8
1st June 2011, 11:46 AM
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Re: 1 paisa per trade ? Is it true? BMA Wealth Creators
Hi TP,
Offering bigger slab on individual trades and then offering advance brokerage is different.... They are in a competitive market. Secondly, as a general thumb rule Advance brokerage is No ..No... such plans are only advantageous to very very few traders... and for those few... they won't bother with a thread like this. SG Quote:
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| The Following User Says Thank You to SavantGarde For This Useful Post: | ||
timepass (1st June 2011) | ||
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#9
21st June 2011, 12:16 AM
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Re: 1 paisa per trade ? Is it true? BMA Wealth Creators
I am having a very bad experience with BMA. This company is a cheat. Never open account with them. I have made complaint against them to NSE. NSE is just a post office. They do not even read the complaints and just pass the papers. These brokers are able to chaet as NSE and SEBI is totally ineffective.
Can someone provide me contact details(e-mail addresses of CMD of NSE and Sebi.
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#10
21st June 2011, 04:22 PM
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Re: 1 paisa per trade ? Is it true? BMA Wealth Creators
I have still not understood what exactly the problem in dealing with BMA? Latest update is they are charging advance brokerage of Rs.7500/- for Cash & Rs.15,000/- for Cash+F&O. If some one whose trading is high in f&O, they are really finding it economical (It is much cheaper than RK Global's Rs.9/- per lot in options).
Their online platform is Omnesys's Nest software which is being used by most of the renowed brkerages. Can anyone tell me what is exact problem in dealing with them? Regards, mangup
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