Silverline Commodities Complaints & Reviews

Silverline Commodities — CHEATS

THEY ARE CHEATS. I HAVE ASKED THEM TO DO TRADING ON MY BEHALF, WITH A COMMITMENT THEY WILL GIVE A RETURN OF 30% PER YEAR. BUT WITHIN ONE YEAR I LOST Rs 40,000/ and they earned a commision of rs 75000/-
THEIR AGENT IS NOT EVEN PICKING UP MY PHONE CALLS!!!

You are lucky, they made loss around 78000 Rs for us . They dont know to trade, Its a well learnt lesson for me . will never venture into commodity . Silverline commodities please shut your company dont play with hard earned money of the people

Warning! Attention! "DAK Trading LTD" - Dimitar Anachkov-he is a Cheater

1233 Sofia, Bulgaria, 122A Princes Maria Luisa blvd app.9

Tel:[protected] mobil:[protected] Home:[protected]

E-mail: [protected]@g****.com; dak.trading.[protected]@g****.com

(ID: [protected] - Dimitar Anachkov ) Skype: mitkoanachkov; Company registration No.[protected]

Attention!!!This man is a cheater! He is a pathological liar and scammer!!

I signed with him a contract to supply 200 MT of sugar beet. I paid down payment for the goods and I was supposed to reach the goods on 28/04/2011. I never got the goods!!!

Dymitar Anachkov deceived me for 40 days, all the time saying that he is having problems with the transport and that has a contract with a German refinery and he can not interfere in their work. After this time, I sent him on 16/05/2011 final call for repayment of the advance, of course I did not get the money nor the goods. Whoever wants the documnets which confirm what I am saying I am ready to give it

So whoever wants to buy from Dymitar Anachkov the suger or any other goods do not hesitate to contact right the way the Police. I have already informed the relevant state authorities responsible for prosecuting crimes about the fraud that Dymitar Anachkov did. I might not be the one. My case is sended to arbitration and POLICE.

For lowest brokerage www.silverlinetrade.in commodity broking firm is best. They are charging only Rs 20/- per transaction. No hidden cost.

FOR YOUR KIND INFORMATION
[protected][protected]--------

Silverline commodities was taken over by new administration from 1 JAN 2013

I have been in the trading market be it NIFTY, MCX, NIFTY futures and have got around 15 years of trading expertise.Silver line commodities is the best for MCX intrd day, chepest brokerage in whole of India. firstly why do you want them to trade on your behalf, if you are unfit to trade them put your money in fixed deposit . There are risks involved in commodities trading you need to manage your own money. based on the trading tips post 1st jan 2013, i have made quite a fair deal of money . I bet i could not have made the same The employess are very friendly and help you understand the recent trends in technical analysis and the trading platform is too good with best back office support and immediate payouts .

may be the above issue happened with previous management..Now from 2013..firm run by new management..very proud to be part of the associates..

Regards,

VINOD. RPS

And Very friendly admin support to Business Associates with Very Lowest Brokerage.

Regards,

VINOD. RPS

WE ARE HERE TO PROUDLY SHARE A GLAD NEWS THAT SILVERLINE COMMODITIES IS SELECTED AS A BEST COMMODITY BROKERS IN OUR REGION AND AWARDED BY PONDICHERRY CHIEF MINISTER MR.RANGASAMY ON A GRAND FUNCTION TODAY, WITH THE NEW MANAGEMENT WE HAVE WON THIS AWARD IN THE SHORT PERIOD OF TIME...THANKYOU CLIENTS...WE NEED YOUR EXTENDED SUPPORT TO ACHIEVE MORE AWARDS

Very Proud as a Associates.

Regards,

VINOD. RPS

Everything is fine as a Business Associates.

Regards,

VINOD.P

I have invested 1 L and due to heavy loose the i retain at 20 K now . I have give request to withdraw the money on oct 2015 till now i'm unable to contact them cheaters.

And came to know that the company is closed !!!

No cash transaction rummy closed

Dear Readers

This person was a sub-broker and was using our various services and he failed to pay the overdue of Rs.56, 000/- and hence the compnay had to hold back the deposit. He is still liable to pay the balance 31, 000/- to the company. Any broker/member has the right to withhold the deposit of any sub-broker if he has any overdue to the member. That is what SIlverline has done.

Silverline Commodities
Management

Dear Readers,

I am planned to took sub-brokership from silverline commodities in the meanwhile i have seened this complaint

Thanks for prior information Mr.Sivaarivu

Ganapathi

Dear All,

While registering for Sub - Brokership they said telequote service is free, but while we de-register for sub-brokership they said telequote service are chargable

Hence be aware of SILVERLINE COMMODITIES

And they provide the telequote software to analyse in commodity / forex market, instead you can use Broco Trader it is 100% free for life time

For any details pls call the undersigned

Sivaarivu[protected]

I am sub broker with Silverline for more than 2 years and I have not faced any problem. I also subscribe WINQUOTE, which is a paid service.

This software is very useful and I am able to guide my cleints very well. Mr. Ganapthi, when I tried to send an email to you it is going to Sapri alias Sivarive as Sapri is Mr. Sivarivu's company's name. Hence i understand that all these comments are false.

Stop talking ill about others unnecessarily.

Meenakshi sundar

Dear Customers,

If you wish to open a trading account, better have good knowledge about commodities market . Dont ever take portfolio management service from sliverline commodities . Their dealers are very idiotic dont even have knowledge, they simply trade and make losses . I have lost around 78000 Rs, but they earned brokerage around 50000 Rs . If you dont have knowledge dont open account with them . This is my humble request .

Dear All

First of all we are not aware of the person who has commented here as there is no name given. As per FMC/MCX, portfolio services is prohibited till date. Hence there is no question of Silverline doing portfolio management services. Silverline Commodities is a registered broker with MCX, where we facilitate all kinds of investors, Hedgers, Exporters & Importers and prospectors to hedge their risk in the futures market.

Now it depends on the interest/fancy of the client whether to trade by himself or by their apponted expert agent. No brokerage house is liable for the transactions made by an investor in this hedging platform. Hence kindly do not talk ill about a Company without having any thorough knowledge about this industry.

Silverline Commodities

Hi,

I have a trading account in Silverline commodities. My name is S. Rajakumari.

A guy named Richard who called himself Country head - Business development for Silverline commodities cheated me by giving false promises. His mobile number is [protected]. He promised to give 5 percent returns per month on one lakh invested with silverline commodities. For that they charged my account with .05 % commission which is higher than normal commission of .02%. On top of that he kept sending false updates for our account balance. One fine day when my husband went and checked directly with Mr. Palani - Siverline commodities we were shocked to know that Richard is not an employee of silverline commodities. We inquired how one can call country head of a company without being an employee. For that Mr. Palani told us Richard was a franchisee of Silverline commodities. Franchisees of silverline commodities can get any designation in silverline commodities. They can put whatever designation they want. And the most interesting part is one can become a franchisee in Silverline commodities without providing their communication address to silverline commodities. Silverline commodities gives franchise without getting any information from the franchisee. Silverline commodities portrays themselves as clean people and they do not know anything about the background of their franchisees. I doubt they are also part of this conspiracy since they get commission out of every trade done by their franchisees.

Stay away from the franchisees of Silverline commodities. Especially Richard B.J who calls himself as Country Head - Business Development Silverline Commodities. I received contract notes in the name of Lakshmi Thilakam and one of my friend who lost more than 2, 75, 000 rupees received contract note in the name of Karthiga Richard. If anyone (Richard, Lakshmi Thilakam, Karthiga Richard) contacts you from Silverline commodities promising assured returns, stay away from them. Me and my friend had lost more than 3, 75, 000/- rupees by blindly believing their words. Please stay away from silverline commodities and its franchisees.

Futures market is subject to market risk

Before signing an agreement with a member, the investor is briefed thoroughly about the risks involved in futures trading. In the agreement booklet, page number 12 and 13 contains the Do’s and Dont’s in this market It has been clearly stated that no one should go by false promises nor go by rumors as this is a market where an investor can lose more than his investment. As a brokerage house it is true that we earn commissions out of every trade. But a company cannot be blamed for any investor’s loss. Silverline need not give the personal details of their Associates. Any appointed agent of the investors can be met at the office premises

Silverline Commodities

Dear Silverline,

Dont cover for your associates, they indeed promise to make returns to the investors . Particularly Richard, he promised a guaranteed return . So you should first take a check on that instead of giving replies here, I too know that Futures market is risk, but your franchise has done so many losses and make stupid decisions on every trade . If you dont have satisfied customers how will you have a good name, First before giving any franchise please do a background check whether if they have any knowledge about commodities trading . and who is this LAkshmi Tilakam, she is a dumbest agent i have ever seen always ends a trade in loss .

Sir, I am by name CS Padmanabhan, a senior citizen and having a transaction account with Silverline commoditeies.
A representative by name Mr Richard posing himself as country head/business development of this area showing his
identity with the financing firm has contacted me giving lot of false promises that he will arrange 4 to 5% of returns
every month and thus collected a sum of Rs 1.50 lakhs from my hard earned savings of Defense service.For the past few months, he never used to respond to my calls and evading my calls. It is quite apparent that he has cheated me/
mis appropriated my money . Will the company will look into my plight and do some remedial measures to save my loss?