[Resolved]  Angel Broking — Complaint against Angel Broking for trading without my consent & made loss, Providing wrong information to me.

Address:Hyderabad, Andhra Pradesh

Subject: - Complaint against Angel Broking for trading without my consent & made loss, Providing wrong information to me.
Angel Broking Ltd.
Secunderabad

Dear Sir,
I would like to provide my details regarding complaint as below.
Name :- Mallreddy vishnu vardhan reddy
Client Id :- SBD3794
Broking Firm :- Angel Broking Ltd
Branch Code :- SECUNDERABAD-BR - SEBD
Complaint :-
I opened trading account on 7th August 2012 in Secundrabad branch of Angel broking Ltd.
On 16th October 2012, I got Call from Angel Broking from ([protected]) 10:04min, . he and asked my opinion to place order. he executed first trade of the day as per my approval.
17th October 2012 I got Call from Angel Broking from ([protected]) 09:44min, he asked my opinion to place order of GBPINR 3 Lots. Later during the entire day, he didn’t inform me and he executed multiple trades in & GBPINR & USDINR Also, I told him clearly dont put over limit than Rs10,000. But He Purchased 3Lots GBPINR with My Knowledge, Sell 11 Lots of GBPINR With Out My Knowledge and Executed, he executed multiple trades o[censored]SDINR without seeking my permission. He didn’t call me before placing order or didn’t confirm status after execution.
On 18th October 2012 day also he is not told me that execution of GBPINR and USDINR,
On 19th FEB 2012, I. When I checked consolidated statement along with contract notes. I came to know about multiple traded done. without my knowledge & consent and had provided me wrong details about the profit and loss.
Summarizing, when I went through all contract notes in detail, I came to know that most of trades were executed without my consent and didn’t call me before & after executing trades. Also, He informed me wrong status of account on 17th, 18th October 2012. It is clear from the contract notes that trades were executed intentionally to generate max commission / brokerage using my money. That Persons made loss of Rs 10,000 in my account. So, to get fair justice I have filed complaint
He accepted that he had executed trades in my account without my consent.
I dont Want To bear My Loss. Please Justify Me As Early As Possible, already I lost Rs 10000/- Lost Month Because Of Same Issue, But I never complained. But He Repeatedly made Me Loss.
I got Loss because Of Angel broking Executive Mistake.
I have filed this complaint - with following points.
1. Trading in my account without my consent.
2. Providing wrong information to me.
3.made me Loss with out my Knowledge.

Kindly help me to get justice in this matter.
If you need any other information kindly contact me at below correspondences.

Regards,
M.visshnu vardhan reddy
Mob:- [protected]
[protected]
Email ID:- [protected]@gmail.com
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Aug 13, 2020
Complaint marked as Resolved 
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Comments

Dear Mr. Reddy, we would request you to please provide us with your client code for speedy assistance. You can also call our customer care department at 33551111.

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