Beware of topmost brokerage houses. They cheat u & thus make money.

#1
Dear All,

Let me introduce myself to you all. My name is Informed Trader & am currently trading with a Sub-Broker of BMA Wealth Creators ltd. since last 5 months. I pay 1 Paise Intraday & 10 Paise delivery brokerage in cash market. In Equity Futures segment, I pay 1 Paise & for Commodity Futures, I pay 0.5 Paise of the volume traded. I am working with a bank & gets pretty less time to see markets & hence purely depends on my Sub-Broker who suggests & gives all the tips required for my Investments.

It would be great if members could suggest whether I am doing good or not. thanks in Advance!

Warm rgds,
InformedTrader
 
#2
Dear All,

Let me introduce myself to you all. My name is Informed Trader & am currently trading with a Sub-Broker of BMA Wealth Creators ltd. since last 5 months. I pay 1 Paise Intraday & 10 Paise delivery brokerage in cash market. In Equity Futures segment, I pay 1 Paise & for Commodity Futures, I pay 0.5 Paise of the volume traded. I am working with a bank & gets pretty less time to see markets & hence purely depends on my Sub-Broker who suggests & gives all the tips required for my Investments.

It would be great if members could suggest whether I am doing good or not. thanks in Advance!

Warm rgds,
InformedTrader
Sirjee,

You are doing exactly opposite of what your user-id name is.

BMA Wealth Creator ek fraud hai. Better watch your bills & ledgers daily. Also scrutinise your bills for the charges levied are as per exchange rules.
I don't trust BMA guys (My personal view). No more helps on them.

Take care.

CMAK:cool:
 

devd

New Member
#3
The Ad featuring Kareena Kapoor says 1 paisa per trade. .If that's the case, BMA is the cheapest brokerage house in the market. Not sure if there are any hidden charges.
 

SexyTrader

Well-Known Member
#4
The Ad featuring Kareena Kapoor says 1 paisa per trade. .If that's the case, BMA is the cheapest brokerage house in the market. Not sure if there are any hidden charges.
Just coz Kareena Kapoor says 1 paise per trade does not mean anything...who cares what she says, she is getting paid to say that...whether its 1 paise or 0.5 paise :p

How do you know there is no upfront amount taken as advance brokerage and stuff like that ? Most top brokerage houses offering 1 paise or lesser will always have an advance brokerage lumpsum payable against which the daily brokerage shall be adjusted, so it works out cheaper in the long run. But no one can be sure of other hidden charges that may crop up later....
 

Taurus1

Well-Known Member
#5
Whatever broker you have, tell them you want the brokerage agreement in writing and watch the fun :D
 

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