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Friends, I am a recent victim from the company. I had not noticed that they had debited my account with with 65K. I lost more than one lakh in the month of April, 2017.
when I complained they are not responding and asking me to submit proofs.I submit the case as under
I had one open sell future position for 1 lot in DLF @175.50(May expiry). One day I sold one position on intra day basis @ 160 and bought @159.10 making Rs.4500/- I repeated the same for 4 times thinking that I made Rs.4500 each time for 4 times (Intra-day MIS basis) to my shock on 26th April, their back office confirms that I made a loss of Rs65000/- and surprisingly the average of the sale position of DLF has jumped by more than 20 rupees and was showing in positional profit at the time of normal trading hours. I have not noticed the change in the price and closed the position at a profit of Rs 5000/- and then started questioning the company while it was too late. They robbed me of for Rs65000/- in one instance and on earlier occassion for more than 25000/- in another incident. Net net it apears that I lost more than Rs1 lakh by now they are yet to respond to my querry and are asking me to submit proof to my claim of having done DLF intra-day transactions. How do we produce claims. It appears that they are not safe people to trade with. I am willing to close my account as soon as possible I have two open positions and few in holdings. Kindly exercise caution. We should not go by the less or no charges for trading but we may lose our money in total as opined by few others. My case is a very latest case.