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Tradebulls Complaints

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Tradebulls Securities (P) Ltd (Tradebulls Securities) is a stock broking house with memberships across NSE, BSE and MCX-SX. The company operates in the cash, derivative and currency segments. It is also registered as a depository participant with CDSL. It provides commodity trading through its group company; Tradebulls Commodities Broking (P) Ltd that has memberships across the MCX and NCDEX. It is also engaged in offering services such as internet trading, depositary services, IPOs and MFs.Mark... Know more about Tradebulls

Complaint against Tradebulls Broker

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

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

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

Tradebulls Complaints

Exchange Financial Year Total Complaints Active Clients
BSE 2023-24 5 17,275
NSE 2023-24 35 75,794
BSE 2022-23 1 14,489
NSE 2022-23 43 65,521
BSE 2021-22 3 14,685
NSE 2021-22 62 72,975
BSE 2020-21 1 16,743
NSE 2020-21 116 65,460
BSE 2019-20 3 16,664
NSE 2019-20 131 65,017
BSE 2018-19 9 16,900
NSE 2018-19 106 72,679
BSE 2017-18 10 28,580
NSE 2017-18 80 70,928
BSE 2016-17 8 14,834
NSE 2016-17 83 41,810
BSE 2015-16 5 6,534
NSE 2015-16 34 22,673
NSE 2014-15 8 12,250
NSE 2013-14 5 7,418
NSE 2012-13 2 8,452

Tradebulls complaint at NSE

2023-242022-232021-22
Active Clients757946552172975
Complaints354362
Resolved through the exchange313953
Non actionable106
Advised / Opted for arbitration001
Pending for redressal with exchange342
No. of arbitration filed by clients08
Decided by arbitrators in favour of the clients07
Decided by the arbitrators01
Pending for redressal with arbitrators01

Tradebulls complaint at BSE

2023-242022-232021-22
Active Clients172751448914685
Complaints513
Resolved through the exchange513
Non actionable754
Advised / Opted for arbitration000
Pending for redressal with exchange000
No. of arbitration filed by clients001
Decided by arbitrators in favour of the clients001
Decided by the arbitrators000
Pending for redressal with arbitrators000

Note:

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

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30 Comments

30. Agarwal   I Like It. |Report Abuse|  Link|January 2, 2024 5:56:56 PMReply
There is no question of interest but tradebulls deducted heavy interest illegally
We have not delayed payment
As soon as sms recd., we have transferred the amount.
Tradebulls have wrongly allowed trade which created a margin shortfall.
They have not informed in time about the shortfall.
There is a deficiency in services.
They have traded on your own in currency for brokerage and caused too much loss.
29. Suresh Gupta   I Like It. |Report Abuse|  Link|January 25, 2023 4:50:12 PMReply
I lost 1.4 Lakh in just one Day they will loot you up, I was nice cheated by My RM Vaishali in Tradebulls SECURITIES Rajendra Place I was quite happy in trading through long term investing delivery then within a month she insist me to trade in currency i lost entire 1.4 Lakh in just 1 one day I already told her that I’m new in share market I never trade she call me and misguide me to trade in currency to make brokerages i was not aware that she will use limit to cover all loss your all holding share will be auto sold out then they will again advise you to deposit money in ac to cover loss then they will do again Don't ever trade with TRADEBULLS SECURITIES PVT LTD, a full of fraud agent Worst broker with no research capabilities and highest brokerage charge Do not ever open trading account with Tradebulls. They are unprofessional they don't want to keep Their clients for longer period Worst broker with no research capabilities they make huge brokerage resulting big loss to clients. I made a big mistake to open trading account with Tradebulls don't ever trade with TRADEBULLS It’s my advice to all innocent people. It’s totally Fraud Company Specially Sudhanshu Their Head.
28. SUNIL GUGLANI   I Like It. 2|Report Abuse|  Link|February 19, 2019 7:15:17 PMReply
I AM SURPRISED THAT INSPITE OF SENDING DETAILED REPORT TO DINESH THAKKAR ABOUT HIS STAFF FRAUDULENT ACTIVITIES HE HAS NOT BOTHERED TO REPLY OR ACKNOWLEDGE.
THAKKAR YOU MUST UNDERSTAND A CO IS A GROUP OF PEOPLE COLLECTIVELY WORKING FOR THE CO .
IF THEY ARE ALL CHEATS
WHAT HAPPENS
28.1. Ritu   I Like It. |Report Abuse|  Link|December 21, 2021 12:43:15 AM
Hello can I have ur no please... I am sailing in the same boat
Ritu
27. Sonia Chaudhary   I Like It. |Report Abuse|  Link|September 27, 2021 8:39:41 PMReply
Tradebulls is a full of froud agents.They don't want customer longer with them.Nishant agent of Tradebulls at Rajendra Nagar branch do froud with customers and misguided them and company supported to him and charges heavy brokerage and taxes also.After denied they do trade their self for their personal targets and profit.Nishant do froud with me and misguided me and company saving to him.And not answerable for their crime.They spoil all saving of the customers and ruin.
26. Deepa.GC   I Like It. |Report Abuse|  Link|September 23, 2020 1:55:08 PMReply
Tradebull securities is a fraud company they will trade without trade license, if loss happens they will not take any responsibilities, just they will put it on the clients, they are worried about trading not for the customer satisfaction...i got nice cheated by them i lost entire my life time earning of Rs. 15L in just 2 months...please think before investing in this company its totally fraud company
26.1. Mudita   I Like It. |Report Abuse|  Link|October 19, 2020 6:06:28 PM
Ma'am make complaint through scores.co.in ..they should b punished
26.2. Javendra   I Like It. |Report Abuse|  Link|July 16, 2021 5:16:52 PM
I am also on same boat within one week my entire stock liquidite and lost it
I losted approx 90k .
I was good till then didn't spoken to any execute.
I requested to close my account then executive called me that allow some time they will trade and profit on my portfolio.
I didn't realized that they wanted time to ate my money..
25. Sarita   I Like It. |Report Abuse|  Link|May 8, 2021 6:32:20 PMReply
I am remiser in tradebulls my brokarge not given till date.. Also not kyc upadate.. So many calls email to do...
24. sunil guglani   I Like It. 1|Report Abuse|  Link|February 10, 2019 5:23:33 AMReply
Trade bull securities rajendra place
all fraud staff anwar siddiqque/ ranbir singh

Staff very polite but all fraudsters

They will trade only in dollar puts and options and trade away all your savings like they did with a senior citizen like me
have been trading last 30 years but never have been cheated like this
in 5 tradings my 175000 vanished and i was left crying
about a month ago i was approached by them to do day trading with trade bulls.
i transferred part of my holding of rs 3 lacs securities
without my asking anwar siddiqque started trading in dollars
he somehow convinced me to start trading in dollars
inspite of all requests he continued

all fraudsters

i pray no one should fall prey to such frauds

i am a senior citizen and my rs 175000 wiped off in 1 week
24.2. Mohan   I Like It. |Report Abuse|  Link|February 19, 2020 11:28:33 AM
Specially Sudhanshu Mishra Their Head. Sbse Bada Kamina Chor Harami..
24.3. Imran   I Like It. |Report Abuse|  Link|September 11, 2020 12:56:18 AM
Sir can i talk with u, i also share with my experience
23. Ramesh chand dubey   I Like It. |Report Abuse|  Link|September 1, 2020 12:37:59 AMReply
My account gone in suspense.I have deposited my all my KYC in delhi branch.They called me by telling your photo is not clear in photocopy of aadhar where as they have open my account by same photocopy.Very pathetic service.
22. Mudita Kushwaha   I Like It. 1|Report Abuse|  Link|February 6, 2020 8:46:13 PMReply
TRADEBULLS is meant for cheating their clients only..also They don't want to keep Thier clients for longer period..They try as soon as how to grab the clients money in the form of heavy brokerage ..For this their advisors call and misguide clients to trade in options currency etc.to make brokerages. Tradebulls securities Rajendra place Delhi, employee Nishant Sharma whose LinkedIn profile is https://linkedin.com/in/nishant-sharma-5b1a76184..Make big losses to me..Their manager Pankaj Sharma , advisor Gautam Maurya ..etc all r indulge in fraud.. When they cheat clients after that they say that this cheating is Thier main job otherwise how they will survive in Thier work..Don't ever trade with TRADEBULLS , its my advice to all innocent people.
22.1. Nirmal Patel   I Like It. |Report Abuse|  Link|August 18, 2020 2:51:21 PM
Trader forcing to trade to complete their targets and also they are up selling to buy more quantities to achieve their commissions and target completions.
Hope you have already heard all my recordings from starting date till end. I have already informed him that I don't have any knowledge of option put trading brokerage and I have lost my 25000 rupees in less than one month thru your trader after opening a new account.
You can check all traders trade and recommendation where in as a good faith we are giving money to gain more not to show negative balance of our hard earned money..
When trader is suggesting a option stock and I am suggesting to buy only 500 qty but he wanted to upsell and buy 2100 quantity instead of 500 as market is responding as per him as he shows confident to gain , but the it was his game to earn more commissions and target achievements and shed the clients brokerage.
21. sunil kumar prasad   I Like It. |Report Abuse|  Link|July 22, 2020 9:09:22 PMReply
trading after call me by Kapil broker & loss my 12000 of on short, Kapil is Frouder is very seme
20. Mohan   I Like It. |Report Abuse|  Link|March 5, 2020 11:18:45 AMReply
Tradebulls Securities Frod Chor COmpany hai Employees ka salary nahi dati na koi releving or F&F DATI Sudhanshu hARAMI HAI.
19. Mandakini nayak   I Like It. 1|Report Abuse|  Link|January 30, 2020 7:31:46 PMReply
An useless and undiscipline and Wrong company to invest for trading.

Tradebull is fooling to clients. All calls are just nonsense.. Not found no where to trend of share growth. Useless analysts having. Requesting SEBI to verify the qualification of All Analysts of Tradebull.

3 times rise the request to stop and all time they have convinced me to grow the fund but they have make it to ZERO.

As share mkt goes to 40k+ from 26k when I have invested though share for 1st time.

Such organizations should get stopped. These guys not understanding the pain of all clients who is coming for trade...

I have written mail Somany times of their irresponsibility but no correction from ground only assurance.
18. m   I Like It. 1|Report Abuse|  Link|January 30, 2020 2:30:04 PMReply
They are diverting us from another trade to future option .TSC7PDont trade in F & O as they are more focing in this segment they are well known for our stock value 100000 to zero. cheater & Fraud company dont trade with them
17. Achal   I Like It. 1|Report Abuse|  Link|October 17, 2019 10:00:49 PMReply
Tradebulls performed Unauthorized transaction (trading in futures) and caused a heavy loss.
Transferred my stocks from Karvy to Tradebulls 2 months back, worth Rs 20 lakhs, now the account balance is zero. Tradebull guys are not competent, didn't gave the right amount of loss and just kept trading to earn brokerage. Posting the message over here as an eye opener to others, kindly move your stocks to some other company if you have any with tradebulls
16. Kishore   I Like It. 1|Report Abuse|  Link|April 19, 2019 5:51:06 PMReply
Am highlighting this concern to you so that everybody is aware about TRADEBULL Security issues .. It is in CP Delhi

False confirmations given during trade from mr. Rupesh and mr. Kamal from tradebull.
Concern1:-
In my account he took the currency option of rs. 7500 and he told me that only 7500 rs. Charges will be there however from my account 19500 got deducted. Since last 1 week i have been chasing mr. Rupesh and kamal to tell me why 19500 charges got deducted and they never told me. They only said that we will tell you. Mr. Rupesh said that only rs. 7500 is deducted and he never told me that rs. 19500 will be deducted else i would not have taken this option from them. This is completely unethical

Concern 2:-

Day before yesterday (16 apr) in my account 13700 approx. Amount was visible in my account as payout and i did payout. I called rupesh on his landline and confirmed that by when this payout will be available to me then he said that if you have received acceptance message then it will be transferred to you by eod. I got that amount.

Concern 3:-

Today i got a call from kamal stating "buy infosys and vedanta"... Transfer the amount so that you can buy these shares. While transferring the amount i checked 13000 approx. Was in - ve. I called back on kamal landline today (18 apr) and asked why this amount is - ve. Then he called back and said that we transferred adhoc cash in your account and you have taken the payout. I was shocked and said there is no information to me and how would i know.

Post that i had discussed with gaurav (Their supervisor) and he said that due to their team member mistake it has happened. This is not my mistake. Any amount transfer is well validated and then it comes.

Concern 4:-

Today when i squared off my currency position as it was in loss then gaurav said that now another 10000 will be charged to you.

What kind of communication is this?? I had no information on adhoc cash, currency charge of 19500 and another 10000 then why should i pay all these.

18 apr: rupesh called me again and said that rs. 7500 only the charges and he is not aware about any 19500 charges in total. How is it possible that advisor who is suggesting to take the option has no information on the charges at all

Can't work with such company who makes customer fool. I will not pay anything till the time i do not get back my 19500 charges which got charged w/o any information to me.
15. Rajesh Kumar   I Like It. |Report Abuse|  Link|September 25, 2019 6:26:48 PMReply
Your employee Neha Soni in Delhi branch did the trade from her side without my consent and at the end it was a loss of 27000 and the brokerage is 108000. She purchased 5400 quantities.
14. Dany S   I Like It. |Report Abuse|  Link|August 20, 2019 6:18:37 PMReply
I am from nainital uk
Guys please don't trade with this brokerage firm named trade bull as they all are scammer i was cheated by one of their established agent named-asif..
I have almost 13k-17k amount over my demat account and now everything got lost as it is showing -1250 something amount,,, so please be aware with these fraudsters and cheaters , i urge to government or SEBI to ban such kind of cheaters at-least in india.. thanks and regards

dany
13. SUSHEEL KUMAR SHARMA   I Like It. |Report Abuse|  Link|May 15, 2019 3:59:44 PMReply
Reference No. : Folio No. : 15253899 - HDFC MUTUAL FUND
Scheme : HDFC Mid-Cap Opportunities Fund - Growth Option
Reference No. : Folio No. : 12109551531 - INVESCO MUTUAL FUND
Scheme : Invesco India growth Opportunities Fund - Growth Plan
Name of Investor : Mr. Susheel Kumar Sharma
PAN No. of Investor : ACPAS4792B

Dear Sir / Madam,
This to inform you that I have Invested in Mutual fund through Mr. Ravi Kumar is one representative of M/s. Tradebulls Securities Private Limited (Noida) under the Demat account No. S-02344 through SIP as per the given below Plan :
Folio No. Name of Mutual Fund Investment Scheme / Plan SIP Per Month Date of SIP
15253899 HDFC MUTUAL FUND HDFC Mid-Cap Opportunities Fund - Growth 5,000.00 11th. of Every month
12109551531 INVESCO MUTUAL FUND Invesco India growth Opportunities Fund - Growth Plan 3,000.00 11th. of Every month
------------
Total 8,000.00
: ------------
The Total amount of SIP is of Rs.8000/- (Rupee Eight Thousand only) per month and the above said amount out from my saving bank account on 11th. of every month w.e.f. January, 2019.

Due to some domestic circumstances and financial problem that I cannot not continue the above SIP and redeem the whole invested amount on the basis of current market rates, so I had requested to Mr. Ravi Kumar is an authorized representative of Tradebulls Securities Private Limited for closure process for above said SIP's from Three months. I have made the so many telephonic calls and personally visit to his office day to day basis but he did not given be the satisfactory reply and He always tell me that I had completed the all formalities to CAMS office but I have not received any reply from CAMS office by SMS or mail etc.

Therefore, you are requested to kindly close my SIP and redeem the same and credited my invested amount in my saving bank account at the earliest and oblige me.

Thanks with Regards


12. Ravinder singh   I Like It. |Report Abuse|  Link|March 14, 2019 9:39:49 AMReply
I dont have any account here,so y i get msgs from ur side,pls rectify it,i don't want to get any msg from u
11. SUNIL GUGLANI   I Like It. |Report Abuse|  Link|February 24, 2019 3:59:35 PMReply
IT IS SO WONDERFUL
I HAD SENT A LETTER UNDER DUE POST TO TRADE BULLS DELHI OFFICE ADDRESSED TO THE THE MD MR THAKKAR

LO WHAT HAPPENED IS A BIG SURPRISE
LETTER HAS BEEN RETURNED
ADDRESSEE NOT AVAILABLE

A LETTER TO MD RETURNED

WHAT ELSE

ARE YOU HAND IN GLOVE WITH YOUR FRAUDSTERS