Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
DBFS SECURITIES LTD brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the DBFS SECURITIES LTD customers. The DBFS SECURITIES LTD complaints report analyzes the DBFS SECURITIES LTD online complaint data provided by BSE and NSE. This report shows the health of the broker.
These complaints are serious grievances against DBFS SECURITIES LTD broker which the broker and customer failed to resolve. The customer then filed these legal complaints with the stock exchange.
The DBFS SECURITIES LTD complaint no. report also provides DBFS SECURITIES LTD’s number of active clients. This shows the growth of the broker year on year.
| Exchange | Financial Year | Total Complaints | Active Clients |
|---|---|---|---|
| NSE | 2023-24 | 2 | 7,781 |
| NSE | 2021-22 | 2 | 8,016 |
| NSE | 2020-21 | 3 | 7,456 |
| BSE | 2019-20 | 1 | 1,849 |
| NSE | 2019-20 | 7 | 9,153 |
| NSE | 2018-19 | 3 | 8,050 |
| BSE | 2017-18 | 2 | 2,937 |
| NSE | 2017-18 | 11 | 11,321 |
| BSE | 2016-17 | 1 | 2,633 |
| NSE | 2016-17 | 5 | 10,239 |
| NSE | 2015-16 | 3 | 8,708 |
| BSE | 2014-15 | 1 | 1,222 |
| NSE | 2014-15 | 6 | 10,082 |
| BSE | 2013-14 | 3 | 14,509 |
| NSE | 2013-14 | 3 | 8,854 |
| NSE | 2012-13 | 6 | 32,564 |
| BSE | 2011-12 | 3 | 8,176 |
| NSE | 2011-12 | 2 | 29,023 |
| 2023-24 | 2021-22 | 2020-21 | |
|---|---|---|---|
| Active Clients | 7781 | 8016 | 7456 |
| Complaints | 2 | 2 | 3 |
| Resolved through the exchange | 2 | 2 | 2 |
| Non actionable | 0 | 0 | 0 |
| Advised / Opted for arbitration | 0 | 0 | 0 |
| Pending for redressal with exchange | 0 | 0 | 1 |
| No. of arbitration filed by clients | 0 | ||
| Decided by arbitrators in favour of the clients | 0 | ||
| Decided by the arbitrators | 0 | ||
| Pending for redressal with arbitrators | 0 |
| 2019-20 | 2017-18 | 2016-17 | |
|---|---|---|---|
| Active Clients | 1849 | 2937 | 2633 |
| Complaints | 1 | 2 | 1 |
| Resolved through the exchange | 1 | 2 | 1 |
| Non actionable | 0 | 0 | 0 |
| Advised / Opted for arbitration | 0 | 1 | 0 |
| Pending for redressal with exchange | 0 | 0 | 0 |
| No. of arbitration filed by clients | 0 | 0 | 0 |
| Decided by arbitrators in favour of the clients | 0 | 0 | 0 |
| Decided by the arbitrators | 0 | 0 | 0 |
| Pending for redressal with arbitrators | 0 | 0 | 0 |
Note:
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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I am not getting any contract notes, ledger summary, transactions reports since OCT,2020 but still their were not able to resolve the issue and even not responding to emails. Even their Website(https://www.dbfsindia.com/contact.html) showing wrong contact numbers which never connected and client need to scold their management and their management too are sending worst response to client which show HUGE FRAUD service.
I have contacted with Jenson P J(Head- Business & NBFC operations, DBFS) , Johnkutty James(GM & Company Secretary) & Mr. Gibi(who is managing Bangalore Branch) but not a single proper response from DBFM team since OCT,2020.
SEBI has to take strict action against these type f FRAUD BROKERS and their management.
I never recommend anyone to open their Demat account with DBFS.