[Resolved]  indiainfoline — Looting Customers by doubling the Brokerage charges

Address:Gautam Buddh Nagar, Uttar Pradesh

Hi, I am a customer indiainfoline, the charges taken by them(Noida Branch Sector 63) against the brokerage was 100/lot Buy and 100/lot Sell for options, SEBI has now reduced the lot size to 25 of nifty, but these cheaters didn't reduce the brokerage they are still charging 100/lot buy 100/lot sell for a lot of 25, To make easy for beginners, if you buy 1000 put and sell the same then the brokerage would be 1000 put =1000/50= 20 Lots * (100+100)=4000 Rs if the lot size is 50 1000 put =1000/25= 40 Lots * (100+100)=8000 Rs if the lot size is 25 this they are doing to their existing customers charging 8000 against 4000 earlier per transaction, so please beware
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Aug 14, 2020
Complaint marked as Resolved 
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Thank you for notifying us of your complaint.Kindly provide us your login id/demat a/c no. or your contact no. so that our customer service team can get in touch with you. Alternatively, you can also write to us at [protected]@indiainfoline.com or call us at[protected].

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Team IIFL

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