[Resolved]  Angel Broking — no transparency in margin

Address:Mumbai City, Maharashtra

The rms based in delhi are nothing but sales executives and they are least interested in attending to your requests. The only thing they know to do when you call them is to pitch a sale for platinum or ask you to buy some mutual funds. I mean come on!!! A person who knows to do intraday trading and can understand all concepts of charts and technicals knows when to invest in mutual funds or shares.
I don't like dealing with sales reps and that is why i opted for an online account opening rather than approaching a referral firm. But still when i contact customer care, the only thing they do is to ask me to call my rm. Aren't margin leverage and brokerage charges all common for identical plans? Why is it so secretive that it cant be disclosed on email? I am only able to trade with the amount available in my account and not more than that. To add to it, the charges are confusing. Every few days i see a charge levied and customer care doesn't know what it is for. Being dp charges, being margin settlement charges. What are these things? I can understand when interest is charged. But what charges are these?
On one hand, they advertise that delivery trades are with 0 brokerage. But i get charged 15 rs even if i bought just one share on delivery basis.
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Feb 2, 2020
Complaint marked as Resolved 
Angel Broking customer support has been notified about the posted complaint.
Verified Support
Dec 30, 2019
Angel Broking Customer Care's response
Hi,
Greetings! We regret the inconvenience caused to you. Request you to help us your contact details or client ID, so that we can ask our team to reach you out and help you in addressing your issue.
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When i opened my demat account, i saw that it was showing 0 balance but my balance was 4269rs. I dont know why it was showing 0 amount of balance and when i clicked on sumamry then it was showing that 4269 rs was withdrawl but i didnt get any money in my bank account. I want my money and get it resolve asap.

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