JM Financial Complaints

JM Financial Services Ltd (JM Financial), a dedicated financial arm of JM Financial Group, was incorporated in 1999. It operates in the cash market, derivatives and currency futures segments. JM Financial is a member of cash and derivative segment of NSE and BSE. It is also a DP with CDSL and NSDL. It operates in Currency Futures & Optionss segment of NSE and MCX-SX. It offers basket of products such as demat services, corporate finance, Distribution of Financial Products and structured products... Know more about JM Financial

Complaint against JM Financial Broker

JM Financial brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the JM Financial customers. The JM Financial complaints report analyzes the JM Financial online complaint data provided by BSE and NSE. This report shows the health of the broker.

These complaints are serious grievances against JM Financial broker which the broker and customer failed to resolve. The customer then filed these legal complaints with the stock exchange.

The JM Financial complaint no. report also provides JM Financial’s number of active clients. This shows the growth of the broker year on year.

JM Financial Complaints

Exchange Financial Year Total Complaints Active Clients
BSE 2021-22 1 16,010
NSE 2021-22 9 53,942
NSE 2020-21 16 48,998
BSE 2019-20 3 13,184
NSE 2019-20 14 39,869
BSE 2018-19 1 12,724
NSE 2018-19 13 37,218
BSE 2017-18 4 21,331
NSE 2017-18 10 38,831
BSE 2016-17 2 16,202
NSE 2016-17 7 32,032
NSE 2015-16 12 28,292
BSE 2014-15 13 12,392
NSE 2014-15 15 27,434
BSE 2013-14 2 113,132
NSE 2013-14 4 24,751
BSE 2012-13 8 105,445
NSE 2012-13 9 76,703
BSE 2011-12 9 92,506
NSE 2011-12 23 65,278

JM Financial complaint at NSE

Active Clients539424899839869
Resolved through the exchange41513
Non actionable311
Advised / Opted for arbitration000
Pending for redressal with exchange200
No. of arbitration filed by clients22
Decided by arbitrators in favour of the clients22
Decided by the arbitrators02
Pending for redressal with arbitrators00

JM Financial complaint at BSE

Active Clients160101318412724
Resolved through the exchange131
Non actionable100
Advised / Opted for arbitration000
Pending for redressal with exchange000
No. of arbitration filed by clients001
Decided by arbitrators in favour of the clients000
Decided by the arbitrators000
Pending for redressal with arbitrators001


  • * Including against its sub brokers, authorised persons, employees, etc.
  • ** Non actionable means the complaint that are incomplete / outside the scope of the Stock Exchange
Read more about JM Financial


1. Rajan Chadha  Dec 5, 2016 9:53:18 PM I Like It. | Report Abuse Reply
Worst Broker in India. Highly unprofessional team and customer support is one of the worst.