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Dear Readers,
I am planned to took sub-brokership from silverline commodities in the meanwhile i have seened this complaint
Thanks for prior information Mr.Sivaarivu
Ganapathi
I am planned to took sub-brokership from silverline commodities in the meanwhile i have seened this complaint
Thanks for prior information Mr.Sivaarivu
Ganapathi
Dear All,
While registering for Sub - Brokership they said telequote service is free, but while we de-register for sub-brokership they said telequote service are chargable
Hence be aware of SILVERLINE COMMODITIES
And they provide the telequote software to analyse in commodity / forex market, instead you can use Broco Trader it is 100% free for life time
For any details pls call the undersigned
Sivaarivu[protected]
While registering for Sub - Brokership they said telequote service is free, but while we de-register for sub-brokership they said telequote service are chargable
Hence be aware of SILVERLINE COMMODITIES
And they provide the telequote software to analyse in commodity / forex market, instead you can use Broco Trader it is 100% free for life time
For any details pls call the undersigned
Sivaarivu[protected]
I am sub broker with Silverline for more than 2 years and I have not faced any problem. I also subscribe WINQUOTE, which is a paid service.
This software is very useful and I am able to guide my cleints very well. Mr. Ganapthi, when I tried to send an email to you it is going to Sapri alias Sivarive as Sapri is Mr. Sivarivu's company's name. Hence i understand that all these comments are false.
Stop talking ill about others unnecessarily.
Meenakshi sundar
This software is very useful and I am able to guide my cleints very well. Mr. Ganapthi, when I tried to send an email to you it is going to Sapri alias Sivarive as Sapri is Mr. Sivarivu's company's name. Hence i understand that all these comments are false.
Stop talking ill about others unnecessarily.
Meenakshi sundar
Dear Customers,
If you wish to open a trading account, better have good knowledge about commodities market . Dont ever take portfolio management service from sliverline commodities . Their dealers are very idiotic dont even have knowledge, they simply trade and make losses . I have lost around 78000 Rs, but they earned brokerage around 50000 Rs . If you dont have knowledge dont open account with them . This is my humble request .
If you wish to open a trading account, better have good knowledge about commodities market . Dont ever take portfolio management service from sliverline commodities . Their dealers are very idiotic dont even have knowledge, they simply trade and make losses . I have lost around 78000 Rs, but they earned brokerage around 50000 Rs . If you dont have knowledge dont open account with them . This is my humble request .
Dear All
First of all we are not aware of the person who has commented here as there is no name given. As per FMC/MCX, portfolio services is prohibited till date. Hence there is no question of Silverline doing portfolio management services. Silverline Commodities is a registered broker with MCX, where we facilitate all kinds of investors, Hedgers, Exporters & Importers and prospectors to hedge their risk in the futures market.
Now it depends on the interest/fancy of the client whether to trade by himself or by their apponted expert agent. No brokerage house is liable for the transactions made by an investor in this hedging platform. Hence kindly do not talk ill about a Company without having any thorough knowledge about this industry.
Silverline Commodities
First of all we are not aware of the person who has commented here as there is no name given. As per FMC/MCX, portfolio services is prohibited till date. Hence there is no question of Silverline doing portfolio management services. Silverline Commodities is a registered broker with MCX, where we facilitate all kinds of investors, Hedgers, Exporters & Importers and prospectors to hedge their risk in the futures market.
Now it depends on the interest/fancy of the client whether to trade by himself or by their apponted expert agent. No brokerage house is liable for the transactions made by an investor in this hedging platform. Hence kindly do not talk ill about a Company without having any thorough knowledge about this industry.
Silverline Commodities
Hi,
I have a trading account in Silverline commodities. My name is S. Rajakumari.
A guy named Richard who called himself Country head - Business development for Silverline commodities cheated me by giving false promises. His mobile number is [protected]. He promised to give 5 percent returns per month on one lakh invested with silverline commodities. For that they charged my account with .05 % commission which is higher than normal commission of .02%. On top of that he kept sending false updates for our account balance. One fine day when my husband went and checked directly with Mr. Palani - Siverline commodities we were shocked to know that Richard is not an employee of silverline commodities. We inquired how one can call country head of a company without being an employee. For that Mr. Palani told us Richard was a franchisee of Silverline commodities. Franchisees of silverline commodities can get any designation in silverline commodities. They can put whatever designation they want. And the most interesting part is one can become a franchisee in Silverline commodities without providing their communication address to silverline commodities. Silverline commodities gives franchise without getting any information from the franchisee. Silverline commodities portrays themselves as clean people and they do not know anything about the background of their franchisees. I doubt they are also part of this conspiracy since they get commission out of every trade done by their franchisees.
Stay away from the franchisees of Silverline commodities. Especially Richard B.J who calls himself as Country Head - Business Development Silverline Commodities. I received contract notes in the name of Lakshmi Thilakam and one of my friend who lost more than 2, 75, 000 rupees received contract note in the name of Karthiga Richard. If anyone (Richard, Lakshmi Thilakam, Karthiga Richard) contacts you from Silverline commodities promising assured returns, stay away from them. Me and my friend had lost more than 3, 75, 000/- rupees by blindly believing their words. Please stay away from silverline commodities and its franchisees.
I have a trading account in Silverline commodities. My name is S. Rajakumari.
A guy named Richard who called himself Country head - Business development for Silverline commodities cheated me by giving false promises. His mobile number is [protected]. He promised to give 5 percent returns per month on one lakh invested with silverline commodities. For that they charged my account with .05 % commission which is higher than normal commission of .02%. On top of that he kept sending false updates for our account balance. One fine day when my husband went and checked directly with Mr. Palani - Siverline commodities we were shocked to know that Richard is not an employee of silverline commodities. We inquired how one can call country head of a company without being an employee. For that Mr. Palani told us Richard was a franchisee of Silverline commodities. Franchisees of silverline commodities can get any designation in silverline commodities. They can put whatever designation they want. And the most interesting part is one can become a franchisee in Silverline commodities without providing their communication address to silverline commodities. Silverline commodities gives franchise without getting any information from the franchisee. Silverline commodities portrays themselves as clean people and they do not know anything about the background of their franchisees. I doubt they are also part of this conspiracy since they get commission out of every trade done by their franchisees.
Stay away from the franchisees of Silverline commodities. Especially Richard B.J who calls himself as Country Head - Business Development Silverline Commodities. I received contract notes in the name of Lakshmi Thilakam and one of my friend who lost more than 2, 75, 000 rupees received contract note in the name of Karthiga Richard. If anyone (Richard, Lakshmi Thilakam, Karthiga Richard) contacts you from Silverline commodities promising assured returns, stay away from them. Me and my friend had lost more than 3, 75, 000/- rupees by blindly believing their words. Please stay away from silverline commodities and its franchisees.
Futures market is subject to market risk
Before signing an agreement with a member, the investor is briefed thoroughly about the risks involved in futures trading. In the agreement booklet, page number 12 and 13 contains the Do’s and Dont’s in this market It has been clearly stated that no one should go by false promises nor go by rumors as this is a market where an investor can lose more than his investment. As a brokerage house it is true that we earn commissions out of every trade. But a company cannot be blamed for any investor’s loss. Silverline need not give the personal details of their Associates. Any appointed agent of the investors can be met at the office premises
Silverline Commodities
Before signing an agreement with a member, the investor is briefed thoroughly about the risks involved in futures trading. In the agreement booklet, page number 12 and 13 contains the Do’s and Dont’s in this market It has been clearly stated that no one should go by false promises nor go by rumors as this is a market where an investor can lose more than his investment. As a brokerage house it is true that we earn commissions out of every trade. But a company cannot be blamed for any investor’s loss. Silverline need not give the personal details of their Associates. Any appointed agent of the investors can be met at the office premises
Silverline Commodities
Dear Silverline,
Dont cover for your associates, they indeed promise to make returns to the investors . Particularly Richard, he promised a guaranteed return . So you should first take a check on that instead of giving replies here, I too know that Futures market is risk, but your franchise has done so many losses and make stupid decisions on every trade . If you dont have satisfied customers how will you have a good name, First before giving any franchise please do a background check whether if they have any knowledge about commodities trading . and who is this LAkshmi Tilakam, she is a dumbest agent i have ever seen always ends a trade in loss .
Dont cover for your associates, they indeed promise to make returns to the investors . Particularly Richard, he promised a guaranteed return . So you should first take a check on that instead of giving replies here, I too know that Futures market is risk, but your franchise has done so many losses and make stupid decisions on every trade . If you dont have satisfied customers how will you have a good name, First before giving any franchise please do a background check whether if they have any knowledge about commodities trading . and who is this LAkshmi Tilakam, she is a dumbest agent i have ever seen always ends a trade in loss .
Sir, I am by name CS Padmanabhan, a senior citizen and having a transaction account with Silverline commoditeies.
A representative by name Mr Richard posing himself as country head/business development of this area showing his
identity with the financing firm has contacted me giving lot of false promises that he will arrange 4 to 5% of returns
every month and thus collected a sum of Rs 1.50 lakhs from my hard earned savings of Defense service.For the past few months, he never used to respond to my calls and evading my calls. It is quite apparent that he has cheated me/
mis appropriated my money . Will the company will look into my plight and do some remedial measures to save my loss?
A representative by name Mr Richard posing himself as country head/business development of this area showing his
identity with the financing firm has contacted me giving lot of false promises that he will arrange 4 to 5% of returns
every month and thus collected a sum of Rs 1.50 lakhs from my hard earned savings of Defense service.For the past few months, he never used to respond to my calls and evading my calls. It is quite apparent that he has cheated me/
mis appropriated my money . Will the company will look into my plight and do some remedial measures to save my loss?
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Complaints
3
Pending
0
Resolved
2
+91 44 4357 8778
Anna Valagam, 82, Arcot Road, 2nd Floor, Kodambakkam, Chennai, Tamil Nadu, India - 600024
This person was a sub-broker and was using our various services and he failed to pay the overdue of Rs.56, 000/- and hence the compnay had to hold back the deposit. He is still liable to pay the balance 31, 000/- to the company. Any broker/member has the right to withhold the deposit of any sub-broker if he has any overdue to the member. That is what SIlverline has done.
Silverline Commodities
Management