Submit a Complaint
Stock Market
Peerless Securities

[Resolved]  Peerless Securities Ltd — Mishandling of cash in trading account

I have a demat/trading account with Peerless Securities Ltd, Jalpaiguri Branch since 2008. Being an employee of a Pvt. Company, I didn't have that much time to visit their branch office & check my account frequently. Hence, I was doing the transactions (buying & selling shares) over phone & on good faith only. But very recently, when I checked my account balance, I was surprised to see that a lot of mysterious transactions (future trading, call/put option) were carried out in my trading account, without taking any consent from me. AND FOR THIS, I HAVE SUFFERED A HUGE LOSS OF RS. 94000/- IN TOTALITY.

These broking houses are playing with common man's money, just for the sake of earning 'BROKERAGE".

Can I expect some justice in this regard ??????????
Was this information helpful?
No (0)
Yes (0)
Aug 14, 2020
Complaint marked as Resolved 
Complaint comments 
1 Comment

Related Peerless Securities reviews

[Resolved]Peerless Securities - Cheated by the Stock broking managerPeerless Securities - dormant demat account1Peerless Securities - non receipt of p/l statements for 2015-16Peerless Securities - as my a/c rejected due to unknown about the share market, then all of the client's a/c should be close as they unknown about the share market.1Peerless Securities - I wish to open a demat a/c
View all 6 Peerless Securities Reviews

Comments

These Share brokers are always doing like that only. They want money as Brokerage. For that they will do any kind of transactions
Even Me too got a loss
Reply

Post your Comment

Comment Guidelines
    I want to submit Complaint Positive Review Neutral Comment
    Add Image
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Peerless Securities
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    33%
    Complaints
    6
    Pending
    0
    Resolved
    2
    View all 6 Peerless Securities reviews & complaints
    Peerless Securities Phone
    +91 33 2243 5942
    +91 33 2213 1379
    +91 33 2243 9039
    Peerless Securities Address
    1, Chowringhee Square, 2nd Floor, Kolkata, West Bengal, India - 700069
    View all Peerless Securities contact information