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I just recently opened my Demat account with Choice India. Never done any trading before & Mr Ajay from Bhopal Branch was calling me again and again & has forced me to put money of 35k. After putting money he called & asked to share Id & Password as he told that if his team call me for guidance regarding buy and sale & if I will be unable to answer the call than my Account will get block. And he told that don't worry leave your account operation on me & I will give you Good Profit. On 1st Day he Done lot of Intraday Transaction of Buy & Sell without my Consent which resulted me loss of 12k on 1st Day. On next day morning he was appolosing for loss & forced me to put more 25k so that he can recover yesterday loss & I added the amount, but again he done lot of Indraday Buy & Sale transactions which again resulted into loss of my Money again on 2nd Day & the loss was higher than 1st Day...In 2 days My loss was 45k out of which More than 22k was brokerage charges which is 50% of amount. This is how he cheated me & operated my account by doing lot of transaction of buy & sell for getting High Brokerage.

I think it's time to teach lessons to these people who misuse our Hard earned money. The only language they understand is Legal action & compaint in SEBI.

They did this to me too. They speak like fa#kin robots and took 120 lots trade. Wiped out 3/4 of the account. All money went to brokerage. Told they would recover the account and gave three signals which were again in loss. Ass#oles dont even have 50% accuracy and claim a lot of thing. Always remember one thing. If you get a call from one of these states dont pickup and report them. States: Madhya Pradesh, Haryana, Punjab, Delhi, chhattisgarh, Rajasthan.

yes , this same thing happend with me also , i can not do anything against him.