Can you prove that the leading brokers are using clients funds? Or is it just hearsay.
Making blanket comments like the above should be backed by documentary proof.
On the NSE website, it shows that just 46 mmembers have defaulted in the last 20 years.
Whereas according to you, it should be between 400 to 600 members defaulting, as per the figures quoted by you.
While we appreciate the fact that you play safe, I think it's better to talk about your own plus points rather than trying to paint a picture that all other brokers are boiler room scams, waiting to go bust.[/QUOT
Can you prove that the leading brokers are using clients funds? Or is it just hearsay.
Making blanket comments like the above should be backed by documentary proof.
On the NSE website, it shows that just 46 mmembers have defaulted in the last 20 years.
Whereas according to you, it should be between 400 to 600 members defaulting, as per the figures quoted by you.
While we appreciate the fact that you play safe, I think it's better to talk about your own plus points rather than trying to paint a picture that all other brokers are boiler room scams, waiting to go bust.
I think you missed the question Mark ? I myself is asking . There is a compliant Broker who follows the exchange Regulation and I would not like to go into those who do not follow. Clients are smart enough. Exchange circular says margin Collection is upfront. There are people who stops on Red Signal while there is no traffic whether Cop is there or not . Others I would not like to go into details.
Your motivation not to talk about yourself but other brokers? Are you talking about leading Compliant Broker or Leading Non-Compliant Broker? We always talks about ourself. When a question is asked about other broker to us is different matter ?
People drive Car with Seat belt and there are who Drive without Seat Belt and it is possible that both avoided any accident in their whole life does not mean not putting Seat Belt is not Risk.