Brokers Cheating Customers

#1
i had been a regular trader with Geojit.I had been conveyed by the executive that the brokerage cover for intraday is 0.03 for sell side only.I was not given any statement.After 6 months,when i asked them about the statement,i was shocked to see the brokerage levied by them.It was 0.03 buy side and 0.03 sell side.when even i was loss,i was giving up this brokerage.

Before moving to geojit,my intraday brokerage was 0.025 and that too only on the sell side.

I request all the traders fresh/experienced to go through the statements monthly.

Inaddition to that,here are my discomforts with Geojit.

The platform is very complex.I get mysql error 3 times a day while trading.When a trade is modified,the confirmation has a delay and inbetween the price may move up/down which affects your intraday trade.

The executives gets irritated and shows the same if you call them more than twice a day.I do not know why then they employ executives @ office?only to open account??

Its the huge brokerage that they get and yet they do not have any ethics to support the customers.

I had asked them many times to open my F&O while i had holdings but they did not do that and asked me after 4 monnths to take holdings so that the same can be activated.

The platform with Geojit is not good.Try out the platform with sharekhan(i am not a customer of them) but i feel their platform is the best.Sharekhan also levies more brokerage.

Why cannot SEBI take rule against these brokers for the huge amount levied?Everyone is corrupted in INDIA.

Ultimately,an ordinary man gets cheated.My suggestion to have a forum against these cheats and lets strike back.We'll not trade for one month as strike and show them more resistance,if the same is not addressed efficiently.

I agree that there will be resistance against my quotes but think that those who are benefited are from the losers and its also your duty to be with them.
 
#2
Hi,

I am a customer of Sharekhan (ofcourse a few others too). The terminal they provide is good apart from few disconforts like, they don't have online trading with NSEL. I initially tasted India Bulls too which provided PIB (Power India Bulls) which is of no worth when compared to Trade Tiger (ShareKhan).

I can finally rate ShareKhan with 7.5/10
 
#3
Hi!

I am also a client of sharekhan. They provide excellent service. As for NSEL they have informed that they are trying to integrate it with the online software which is expected to be completed by april this year.

Regards
 

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