5 Paisa Capital Ltd. — Deduct a sum of rs 2060+650 from my demat trading account

Address:Chennai, Tamil Nadu, 600096
Website:5paisa capital limited

I have opened demat account in 5paisa capital ltd. on 10th decemeber 2016. At the time of account opening, the 5 paisa team promises me not to charge the account opening fees. But after depositing a sum of Rs 25650 to their account the deducted rs 650 from the account. Afterthat on 2nd jan 2017, they again dedected a sum of Rs 2060 from my account. I am totally fed up with their this kind of behaviour. Now they are not returning my money back to my demat account. So on behalf of this website i just want to say that please don't believe on these type of fraud companies. Please don't open demat account on these type of fraud companies. Also there are lot of problems in trading through 5 paisa capital ltd. The problems are:-
1. When you buy a share through 5 paisa capital, u will not be able to put stoploss with the target. So if the price of the share drops beyond limits u will get a big loss of your hard earned money.
2. if you put stoploss u will not be able to put target means if you buy a share for a particular target, if your target achieves and u will not get the benefit out of the share.
3. These problem is a very big problem in intaday trading. Because of these problem you will get a big loss if you won't put stoploss.
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Jan 22, 2017
Updated by RAKESH SHEORAN
My self rakesh kumar. I have opened a demat account with 5 paisa capital limited on 10th decemeber 2016. On 2nd jan they have deducted a sum of rs 2710 from account. They are also deducting brokrage charges from me per order. Now ther are saying that they have deducted my money as a customer care support fees. But at the time of opening my account they had not told me about these charges. Also while trading through 5 paisa capital limited you can't put stoploss with your target. 5 paisa team not told me about this also. In trading through 5 paisa capital limited you will be not able to convert your your intraday trade into delivery segment. So due to all these drawbacks i had got a big loss while trading through 5 paisa capital ltd.
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