Marketmagnify — Fraud and cheating in services

Market magnify is one of the biggest fraud and cheater company in Indore SEBI shud come forward and throw out this fraud company from cheating innocent clients like us.Now I am repenting for the amount of Rs.88000 I paid for their Premium serviced named as Stock Future Power.day after day I am accumulating loss only.When In complain, they change segment after segments and their business analyst but the result is the same. Beware of a lady named as Ms.Swati Chhabra and Mr. Ashish parmar who will call you and try to befool in such way that you will finally fall prey to their whimsies and fancies.They will convince you that monthly minimum a fixed amount u will earn but at the end of the day you will be the big loser of your hard earned money.By paying a service fee of Rs.90000 now I have made a loss of Rs.62000.Thank Gog I have not kept more than 1.5lakh in my Demat account or else my loss amount would have been massive.I have been assigned Business analyst like Mr. Anshu aman, Ravi Upadhyay, Ashish, Sooraj etc.All are horrible.They do not still know the fundamental rules of trading but are called business analysts.

The customer support team lack the basic sense of decorum, civility and politeness while behaving with their clients.Ms. swati Yadav who is the Compliance Officer in this firm will never solve your problems.The only resolution she can provide is changing the segment in which you trade and changing the business analyst assigned to you.I have recently worked with Mr Ravi Upadhyay who is their head of the business analysts but you will be greatly surprised to know that only 1 out of the 10 calls I worked upon had come with profit and all other 9 calls trigerred SL.So accuracy level is 10 percent only.He is their mainstay.

But friends, I can assure you one thing that I wont leave these fraudsters going scotfree in the name of providing market tips.Being working in the IT department I know how to screw them up.Market magnify will be in history only in the months to come as I am going to go all out against this fraud company.I have already made a strong complain against this firm at SEBI.They asssured me that they are looking into the martter. if I do not get justice at SEBI, I will lodge a PIL at the Hon'ble Supreme Court as it is a matter of Public interest only.How can they play with our hard earned money in this way and how long will they.

So it is my sincere request never fall prey to these advisory firms.If you want to trade, do it yourself by getting trained .

very true and genuine comment. While reading the same i am visualising my events tht how they kept on doing the same thing and finally I incurred the loss of more than RS.350000

Complaint registered with SEBI.
Reason: Trial call resulted in loss and company blames customer rather than taking responsibility.
The arrogant sales representative - Shubang

Complaint registration Number: SEBIE/MP18/0000027/1
Current Status: Under process in SEBI
Action taken by: Dealing Office
Category Assigned: Investment Adviser
Complaint Against: MARKET MAGNIFY GLOBAL RESEARCH PVT. LTD.

Suggest everyone to do the same so we can get authorities to take some action.

Save your hard earned money !