[Resolved] Angel Broking — Brokerage charge is not same as they said while opening the account and their guiding on trade is very worst | |||
They only concentrate about the brokerages .They said there is only 30 Rs for option trading while opening the account . [B]Key Points of my Losses and their frauds:[/B] They take the Nifty index future options without explaining me about the risk involved .250 lots consisting of 5000 quantity in the rate of 3.30 Rs per share. Buying :Total amount they charged 16, 500 (For Share Purchase) + 5000 (Brokerage charge . Cheaters charged 25 Rs /Lot as a brokerage) The value of the call reduced drastically and they asked me to exit @ 1.15 Rs Selling : Total amount I received is 5750 (For Share Sold) -6000(Brokerage charge .Cheaters charged 30 Rs /Lot as a brokerage) .Instead I let it to expire So the total loss for me is 16500+5000+250+1400(Taxes) =23, 150 They are charging different brokerage rate for option index and option stocks 100 Rs per lot in option stock trading... My Suggestions: Never go for this angel broking they are only concerned about their brokerages .Starters please don't open account with them especially registering directly from their site .Then you definitely face the brokerage issue. Better go for discount brokers like Zerodha, RKSV, ... Disclaimer: This is solely my experience and I am not responsible for your go or no go decision with Angel broking Was this information helpful? | |||
Complaint marked as Resolved
Angel Broking customer support has been notified about the posted complaint. Verified Support Nov 26, 2014 Angel Broking Customer Care's response Hi Anandh, We sincerely regret the inconvenience caused to you. Please share your client code and contact number on our Facebook page: https://www.facebook.com/AngelBrokingLtd or email us on Email. Alternatively you can also submit your details on our online feedback section for speedy resolution: http://www.angelbroking.com/Feedback.aspx Kind Regards, Angel Broking | |||
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G-1, Ackruti Trade Center, Road No -7, MIDC, Andheri (E), Mumbai, Maharashtra, India - 400093
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