Artha money 1 paisa brokerage-BIG TRAP

#22
Artha money came up with 1 paisa brokerage paln 2-3 months back.

By looking at the scheme i was really impressed, now i'm realizing i fell in big trap.
I paid 5000 advanced, A/c opening charge is 500 and 4500 will be adjusted with brokerage(6 months validity)

Charges specified by them
BROKERAGE (EACH SIDE)
DELIVERY 0.20%
INTRADAY CASH 0.01%
FUTURES 0.01%
OPTIONS 0.25% of Option Premium or Rs.25 whichever is higher.

After i consumed my pre-paid brokerage, now they are telling that for the same brokerage structure i need to renew my account with 25000(1 year validity)
I called customer care argued for 3-4 days but all in vain.
I'm totally shocked now as they have deducted 10,000 from account and started charging me higher(double charges whatever mentioned above) brokerage.

I don't know what do.
PLEASE NEVER EVER GO FOR ARTHA MONEY for anything.
I'm totally trapped :confused:


r u a new investor so i suggest u to open acc in cash market not in future market its a gambling in future mkt brokers always play with our money... so i suggests u to play in cash market ..... or commodities ...in national spot exchange... this is also a cash market but it is safe market...this is my personal experisence i m also a new investor ..... thanks &regards
 

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