India Infoline (IIFL) Customer Reviews, Complaints, Experiences & True Feedback
India Infoline Limited
Incorporated in 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading.
Indianinfoline is worst trading brokers. Dont see 5paise site for any reason. Never be think for acc. open in Indianinfoline. no guarantee for your fund in this company. I had transferred Rs.75000 on last month. i did not trade for some that company bad service. but now, in my acc. i have Rs.21000 debit balance. they were trading without my permisssion, even they did not inform me and now showing losses and debit balance Rs.21000 , that shall be increasing Rs.2000 or Rs. 3000 per day, This is No. 1 cheating stock brokering company in this world.
never go to this company. indianinfoline is worst, cheating company. they have charges brokerage charges on share price twice and again charges whole transaction amt twice. they say brokerage is 5 paise in site and charges 10paise 6 time and other charges more than brokerage charges. overall we must lose 2% more for intraday and 5% more for delivery.
95. lakshmibai G Meharwade Nov 11, 2008 1:57:53 PM IST | Reply
We have already our account with you but due to internet problem your software was deleted by the repair mechanic by mistake.So We want install it once again. So Kindly guide us. Thank You, We are slowly gaining profit from your information and tips. Thank you Yours Faithfully Lakshmibai G Meharwade
Indianinfoline more worst than the word of worst. brokerage is 10paise for every trade. that site name is 5paise. this brokerage is very high. and other charges more than brokerage. we should be give 1 percentage for every trade for intraday & 2 or 3 percentage for delivery. and company is in 100000percentage problems. nouse to complaint. acc. to me this is not company. this is worst dirty dustbin.
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i have phoned 2 times to the customer care exe.for opening a demat a/c but no response why how is this company
91. bhimse gulati Oct 30, 2008 10:28:15 AM IST | Reply
Indiainforone company is worst company. they newver reply properly and simlly give replies gole-mole so that they should not commit any thing.I am the one of the client who sent emails more than 15 and never reply properly. I sent my closure form duly filled in to close my account for which I think I have to go to Mumbai for this work.my Id is BHIM0013
I had a account with these guys from last two years. now suddenly last week they block the acces to the trader terminal last week without informing to me. when i ask them they are telling to keep 25k cash or Rs. 1 lac stocks
How can I operate my trading absolutely my me, because brokers are are trading through my account without my concent and I am faceing loss, and company(indiainfoline) is not taking reponsibility for that. let me know the process that only myself can operate this account and trading. what is my moneytary security. How anyone can operate my account.
88. SHIVKANCHI Sep 23, 2008 1:43:34 PM IST | Reply
5pasia ttadvance software very usful for client,it very good for anyales the histry of any company.
i read the other peole recomandation but this is wrong becose the client more responsible for his loss.
5Paisa.com is a waste account. I have opened an account with them and they told...delivery brokerage is 0.25% and intraday is 0.03% and no other chanrges will be applied anytime.......for each and every month they are charging many other charges like CSDL bills DP bills and other charges....waste of having this account.
I am having an online trading account with religare. They now use ODIN software which is similar to that used by brokers. features are very good ,fast, and lots of options similar to a brokers terminal, infact it is exactly the same BEST FOR INTRADAY TRADERS . Only drawback is advanced charting & oscillators not available. KINDLY UPDATE YOUR WEBSITE for the information of religare is older one.
83. suchetan Malik Aug 28, 2008 8:45:38 PM IST | Reply
I have an with them they are not so much interested in clients after opening account if we caontact them their no are not updated in thier sites. I lost recently in new ipo of nutek they not taken any concent inspite of giving them planning.(SMALIK00)
82. M.R.KASHYAP Aug 9, 2008 10:57:23 AM IST | Reply
India infoline is the worst trading stock trading company. No one should open an account in it. If you want to waste your time & money, If they have to pickup cheques etc from you and they give you time to pick up they never turn up and you keep waiting for their guy and when you want to contact the sales manager to find out if guy is coming or not mobile phone is not answered WORST EXPERIENCE I HAVE WRITTEN TO EXECUTIVE DIRECTOR AND TO CHAIRMAN NO REPLY FROM THEM AS THEY ARE NOT CONCERNED THE PROBLEM THEIR CUSTOMER FACES
81. Santanu Dutta Jul 21, 2008 12:07:55 AM IST | Reply
RELIGARE SECURITIES LIMITED FROM MY VIEW OF SECNSE IS A PERFECT BROKAR HOUSE FOR ALL RETAIL CUSTOMER.COMPANYS BROKARAGE STRUCURE AND ONLINE TRADING SYSTEM IS REALLY AS SIMPLE AS GOOD.SO PLZ INVEST IN RELIGARE AND WORK WITH RELIGARE SECURITIES LIMITED FOR UR FUTURE BENIFIT.
According to me, it is the worst brokerage firm I have ever seen. I have made PMS with them for 25 lakhs. Later they started buying and selling the scripts, simply, without any analysis, buying for 500 for example and selling for 400. Funny right ? If you ask them, there reply is it is non-discretionary. I am not supposed to ask those things. They are doing it to balance the portfolio. Last year I came out of it. Do you know the whole summary. I got 70,000/- Rs. profit after 1 year. The government got 80000/- INR tax. And the brokerage firm made 1,20,000/-. To get this money, after closing PMS, I had to wait for 1 month around. Be aware of Indiainfoline. Never deal with them. They have totally unskilled people working over there. They buy shares for NRI, without knowing whether NRI can possess those share. Later bank sends an email saying that you have to square it off as I am not allowed to possess. Then it will be sold at lower price than that. But see in all the business the indiainfoline gets 0.5% brokerage while selling also and while buying also. Saale, humko bewakoof samajthe hai.
my a/c nmasub70 is with coxtiwn ,bangalore.In aug,sep 06, without my knowledge the RM engaged in daytrading in my a/c with huge volumes of 40-50 lacs per day resulting in a loss of about 2 lacs,he accepted his misdeed in front of branch manager.Co not bothered to reverse the entries, not responding to my querries
78. Harish A C Jun 16, 2008 9:29:58 PM IST | Reply
Poor service from Dmat account executive of Indian infoline,Already Dmat had been open but I have not got Login ID and Password from courier or executive,Morever Indian Infoline executive not picking call,How can I get Login ID and Pasword?