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I couldnt believe that people who should keep trust are the ones misusing it. At MOFSL its all shady deals. The shares are not deposited on time in DP. They short sell your shares and make it go to auction. Platform is very bad, TGS is a money making guide and also to help few traders. The modus operandi is to get clients to trade more and then interfere with every aspect from charges to mis use of purchased shares for other purpose like using as collateral for margins etc. Motilal is also barred from NSEL for similar cheating activities there as well. Their trader Shakshi short sold my share and then auction fees which will never be sent as full statement. In the name of support, tgeir 100s of executives are scouting for money making opportunity. They make huge money within a short span through these activites and never care for long term association. It took 15 days and a persistent fight to get my shares back i purchased into DP. People unabatedly habdle clients account as their own. Inspite of having one of the biggest brokerage charge they arent satisfied of money.
I am sure a day will come when finally the regulator like Sebi will stop failing the unsuspecting investors in these companies. Sebi is solely for this purpose but is failing at many place to arrest such issues. I am sure one day it will fail miserably than Yes bank unless the companies vision and mission are altered. There is such a huge difference between zerodha, a fantastic low brokerage firm and mofsl, a huge brokerage company. They therefore are not interested in providing a good platform to client(to sell tgs), and even tgs is terribly gullying software.
Wake up before its too late and put house in order.
Regards