Beware of BMA Wealth Creator Pvt Ltd.

Discussion in 'Investors Grievances' started by prosenjit, Dec 13, 2010.

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  1. prosenjit

    prosenjit New Member

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    Beware of BMA Wealth Creator Pvt Ltd.
    http://www.bmawc.com/


    I have an account at Nirmal Bang for 0.01% in non delvery trade and 0.1% A few days back an agent of BMAWC called me and proposed me a for a brokerage 0.05 in delivery and 0.005 for intraday or non delivery based trading against Rs.10000/- advance brokerage. She took advance brokerage chq of Rs.10000/- and signed a Terms & conditions addendum where the rate of brokerage was clearly written, Account opened in BMA Wealth Creator on 24th Nov2010 in KOLKATA, but Rs.10000/- not credited in ledger, also brokerage charging 0.2% and 0.02% also not reversing the taken brokerage regularly, While asking the representative (Rani Tiwari mobile 9883228516) who offer this scheme be came uncontactable mobile remain always switched off.

    On top of it The BMA wealth creator charging STT on GOLDBEES, GOLDSHARE and other Gold ETFs, I mailed my other broker contract notes (to BMA customercare) on trade of Gold ETFs. And the NSE Brochure but they are doing nothing.
     
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  2. anilknanda

    anilknanda New Member

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    Re: Beware from india bulls PIB ALSO

    Indiabulls PIB has a very serious flaw. It has a time lag of 4 seconds which is really a very serious matter. It means that the offer / bid rates you see on the ticker are 4 seconds old. This can be verified by adding LTT column in the market watch ( Last Trading Time ). One can never earn using this type of online software as the rates you see are not real time data.
     
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  3. Raju

    Raju Well-Known Member

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    I have also had very bad experience with BMA Wealth Creators ..Somewhere I had already mentioned.They took all the forms signed/cheque and lost it and no one was able to help me.I called up their HeadOffice , still no help.Those people are real cheat.Their website lists so many offices in India but they are not at all worth I beleive.They do not care for customers.

    Raju
     
  4. mainuddin1979

    mainuddin1979 New Member

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    Mr prosenjit,
    You have a bitter experience with BMA Wealth creator , if u have still in such problem and want to relief then please reply , i will try my level best to give you the best service . I Mainuddin Ahmed(Remiser of BMA Wealth Creator) egerly waiting for your response.



     
  5. mainuddin1979

    mainuddin1979 New Member

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    Mr Raju,
    You have a bitter experience with BMA Wealth creator , if u have still in such problem and want to relief then please reply , i will try my level best to give you the best service . I Mainuddin Ahmed(Remiser of BMA Wealth Creator) egerly waiting for your response.
     
  6. rookitrader

    rookitrader Member

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    IMHO the only possible solution for this broker to prove that he is honest is to close the shop.No kidding.Their actions only give jitters to the traders who work their a&& off with all the taxes. And the added nuisance of not crediting the cheque and not giving the brokerage as promised does convey the true sorry state of affairs from their end.
     

  7. SARAT6226

    SARAT6226 New Member

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    please give your client id and contact number...we will get your problem solved...i know few senior people in the company...they are very helpful...
     
  8. Raju

    Raju Well-Known Member

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    Hi mainuddin1979 ,

    Thanks mainuddin1979 for the words.At that time I had called Kolkata office many times , still it did not work out.

    I have opened account with Zerodha after getting bad experience from you'll.

    Regards,
    Raju
     
  9. Abbaascom

    Abbaascom New Member

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    I want to change my current Broker to either of these 3 - RK Global or Bezel or Zerodha, for online trading. I would like to know their performance and service.I trade in Commodities and F&O. Anyone in my trading circle may advice me at the earliest.
    Big ones like Motilal Oswal, Nirmal, Religare or Sharekhan are costly because they generate lot of `Fundamental Reports'.
    Second, I am in lookout of an excellent Analyst to guide me too.Anyone in my trading circle may advice me at the earliest.

    Thanks
     
  10. srabani banerjee

    srabani banerjee New Member

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    I have open one a/c with BMA wealth creator on appx Jan'2011 it have open one there agent name Subhankar, he sign to me all form and when I have credit the amount to my a/c they have deducted 15000/- and when I contact to there manager they inform me it is brokerage charge and it is prepaid amount not possible to refund it. And also this staff without my permission purchse two share and sell it below price, automaticaly my 10000/- amount loss within one day.
    I have several times mail to there head office but no response. My question why they are bluffing me.:mad:
    I am very sad but nobody help to me. or not any action taken this staff (Subhankar).
    Please reply anbody to any process to help from this condition.:confused:
     
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