Yes,
Dont know will trust any other broker like that.
Dont know will trust any other broker like that.
All brokers and intermediaries are SEBI registered and have to place the margin money as per the norms, it is not broker specific. What is the criteria you used to choose this broker ? I would say you took it for the low brokerage and then because they made a lot of money so now you feel safe.
I used to trade with RK Global and did not face any issue there. They were only intermediaries and offered Rs 9 per lot in FNO over 2 years back. Never had payin/payout or contract note problems. Contact note for the day used to come by 7.30 Pm sharp.
Probably you are not a frequent trader so you feel safe with a name, but that would not be good advice to others who are looking for a stable platform.. my 2 cents.
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