[Resolved]  Angel Broking — Fraudulent advisory services

Address:New Delhi, Delhi, 110058
Website:Adwww.angelbroking.com

Opened an account with Angel Broking. Being new, kept asking them for demo and a portfolio to start investing small amount initially.

1/Their agent started pressurizing me into doing a trade stating their is pressure from head-office to start trade in my account.

2/ Did not provide me an email with brokerage details despite asking a number of times.

3/ rather then providing with a small portfolio, coaxed me into an Future trade, which I had no knowledge about, without divulging brokerage involved. Came to know later that it carries a very high brokerage.

4/ Upon complaining about the advisory services, am only told trade was done with my consent. Do no answer the key question of how I was coaxed into it and the high brokerage issue which I was not aware of.

Their advisory service is fraudulent and biased towards their own for brokerage and other companies whom they wish to favor.
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Jan 21, 2017
Complaint marked as Resolved 
Angel Broking customer support has been notified about the posted complaint.
Verified Support
Dec 09, 2016
Angel Broking Customer Care's response
Hi, we are sorry to hear about your feedback and regret the inconvenience caused to you. Kindly share your client code with us and we will have the concerned team contact you to address your concern.
Dec 09, 2016
Updated by mwadhawa
The issues has been raised and followed up with your complaints team.

Only after their not so good handling of the grievance have decided to take it up on this and other social platforms. To caution some others about being misguided /manipulated in similar fashion.

DP id is DELL4862
Verified Support
Dec 21, 2016
Angel Broking Customer Care's response
Hi,
We believe our team has got in touch with you and your issue has been addressed. Kindly E-mail us at [protected]@angelbroking.com for further queries.
Complaint comments 

Comments

I am tarun kumar reddy. I recently paid 299rs. To angel broking for account opening online digi kyc no99697.they did not contacted me about account opening and document submission. Please refund my amount

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