[Resolved]  The Equicom Financial — Stock market

Dear all,
This is to inform all the trader looking for stock market tips provider company plz beware. I subscribe for their 1 month service believing a guy name
Asutosh misra. He promised me to give give total 10 calls instead of their regular 40 to 50 calls in option segment. I totaly believe this guy cause he made me a profit of 5000. First he told to pay 3000 and rest 2000 after he got me made an amount of 12000 profit. After 5000 profit he just told that this is month end plz app rest amount deposit kardijiye ta ki mera is mahine ka target ho jayega. I completely believed him and did it. Then he went for holiday for 1 week and give the charge another boy named deepak. He made me lost 13000 by holding a call for 2 days. By the time the came from holiday and reassured me not to panik and gave me a call in the next very morning. Then he made me to hold the the call for 3 days without giving sl.In 3 days these people made my life hell. Neither responded to my calls. Other people named as disha and siddharth made me wait for almost 3 to 4 hours for talking to ashutosh. Every time i call they told me to hold and asutosh meeting mein hai, ayein nahin hai, khana khane gaye hain and without giving follow up at end of 3 days one of the member made me squre off the positon by bookin total 38, 000 loss. Finally one of their senior official talked to me and replied the most strange answer that "app galt admi ke sath judgaye."and cut the phone. I am a small trader and now they made my life hell. Please dont believe this company neither their sweet assuring talkn nor their tracksheet. These are totally fake and fraud. After this u people are smart enough to judge this company.
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Aug 13, 2020
Complaint marked as Resolved 
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They are bloody helllll... they are acting like shameless. They called me and offered free call in options. In their free 3 option call they made my loss of 39K... After that again they given me another call for TCS and luckily I made profit of 5K... now they says ... we had give you profit and now you have to join our service... I clearly denied- and read about them in this forum.
I totally agree with you guys. Even after 5 days they daily calling me 3 times a day... I request don't even say yes for free trial...

If don't believe me then try at your own risk
Dear

This Equcom Company Employs rather all Advisory company at Indore are all froad .at Equcom company Employee name Aditya Narayan very nonsence person firts of all he makes profit and ask for money when u pay ll amount then he gives all froad call rather he try to finish ur account then he does not pic ur call .first of all he makes me 75000/-profit than he ask for 1 lakh, i pay after that he makes profit 120000/- than i pay 120000/-
After he makes me loss at every call around 4 laks


Total a froad person
The equicom is a worthless company
They promise you so many things and at the end will not even provide proper service.
Beware of this company.
These companies will say that email and no. is not shared they are all rival reviews...but how can rivals have so much time? Please don't be lured, i had already suffered in 2015 but even before going with the equicom, I had also read, but still went with them and lost my capital.

The lesson learnt is ...trade ur own way, it's tough but at least small profits will help. better than losing capital. if these companies wud have made profits for us all, then they would be BILLIONAIRES by now. And along with them every other guy.

Now u can ask how do they give profits in trial calls? Becuz they buy these operator based calls from stock brokers having insider information. But these calls are very expensive for them, so you would be foolish if you think they will give u these calls every day. it is only to lure n trap new customers. They will make u sell the next day after registration, but markets will be going in other directions. It's just crazy madness, i[censored] r lucky then u earn profits - JUST TO LOSE MORE with them next!!! Remember you can only be smart, survive and be lucky i[censored] manage to make some profits during their trial calls and never again take their calls. It's tricky, use ur brains!! All the best.
They are the Biggest Cheater in the Industry I am planning to send letter to SEBI against them .
Pls Let me know How to get there Registration Cancelled.
[protected]@sebi.gov.in, [protected]@sebi.gov.in, [protected]@sebi.gov.in
complainants.[protected]@gmail.com, Vijay K. Gupta


Hello Vandana jee,


Good day..!!!


Just to want to raise 1 Concern, As I am facing major issue from past few Week. Its Against the Fraud Company The Equicom, Not sure weather they are Registered with SEBI or NOT, but they keen on Fooling the Person by saying that they are Registered with SEBI & if anything goes Wrong we can check with SEBI. As per there Advice I hav traded on Few Share & had a Major loss, Due to which I am in total loss of more then 2.5 Lakh, for me its a huge Amt. of money & later onwards they are not Picking the Phone & neither I am getting any help from them to recover.


I am just writing this mail so, that any other honest person like me should not caught in their TRAP. Pls if possible Cancel there Sebi Registration No. & Black List them so, that they can not use these further.

Below are the Details of Comp. There are lots of complaint registered against them & not sure why no Action is taken till Yet. as I hav lost 2.5 Lakh due I am ready to invest more & raise the concern up-to level where they should be punished & penalized.


The Equicom Financial Research has achieved the mark of a SEBI registered Investment Adviser with a registration number INA[protected] under the act of 2013.
Don't let anybody to play with your hard earned money. I heard many people paid them lakhs together for advisory service but fainaly lost everything. They tried the same with me also.
I am not going to discourage you. Just providing you customer reviews. go through following link & decide.
https://www.consumercomplaints.in/other/the-equicom-financial-c798972

I think many of you people unaware of SCORES. It is SEBI complaints redess system. You can file complaint against company/ intermediary or
financial advisory company. Go through following link which is official website of SEBI.
http://scores.gov.in/

Seperate rules have been made to regulate investment advisors. Refer SEBI (INVESTMENT ADVISERS) REGULATIONS, 2013
http://www.sebi.gov.in/cms/sebi_data/commondocs/[protected].pdf

I filed a case against them. If you are cheated by them file case in consumer court also. It is very easy, effective, free and consumer friendly.

My e mail id for contact- [protected]@gmail.com

Feel free to send mail.
I subscribe first time for index option Rs.10 thousand for 1 month.when i was subscribe one excutive jitendra told me abhi discount chol rahi hai, for quartarly another 12, 500 Rs.pay more, and also told me this subscription for totally 4 months.i agree with him and pay again 12500 Rs.on 31.08.2016.but after 1 month one lady name RADHIKA tell me for renewal again. I tell her why ?this is for 4 months validity means upto 31.12.2016.but they tell me oh.premium service hai .then i told him ipaid for 4 months.why it is closed.I SHALL INFORMED THEIR HEAD and also copy to sebi.what cheated with me.THIS IS A TOTALLY CHEATED COMPANY.
Dear all,
Plz Beware these fradusters...This is to inform all the trader looking for commodity market tips provider company plz beware. I subscribe for their 1 month service believing a guy name
Raja Misra and Satish Rathore. They promised me to give give total 8-10 calls instead of their committment of 60 to 90 calls in a month. I totally believe these guy because he made me a profit of 3000. First he told to pay 10000 to avail the paid service than I came in their mis leaded informtion after he got me made an amount of 5000 profit. After 5000 profit he just told that this is month end plz app 15000/- deposit kardijiye kyo ki mera is mahine ka target ho jayega. I completely believed him and did it. Then he went for holiday for 1 week and give the charge another person. Did not get any calls in between. He made me loss 1.5 lakh by holding the stock for 3 days. In between stock get downfall on daily basis and he asked to do the averaging. On the one week before he asked to book loss which was 2.73 lakh. Also reassured me not to panik and gave me a call in the next very morning which will be HNI calls get recovered the whole amount. Then he made me to hold the the call for 3 days without giving sl.In 3 days these people made my life hell. Neither responded to my calls. Other people named as Arun and Deepak who introduced me so called their boss not get contacted. Every time i call they told me to hold and Raja meeting mein hai, ayein nahin hai, khana khane gaye hain and without giving follow up at end of 3 days one of the member made me squre off the positon by bookin total 1, 00, 000 loss. Finally one of their senior official talked to me and replied the most strange answer that "app galt admi ke sath judgaye."and cut the phone. I am a small trader and now they made my life hell. Please dont believe this company neither their sweet assuring talking nor their track sheet. These are totally fake and fraud. After this u people are smart enough to judge this company.
I Dr.Himanshu Bansal, Medical Officer lodged a FIR No. 188 against the MD and four persons namely Aditya Sharma, Awantika, Vijay Sharma and Shiva Agnihotri of THE Equicom Company Indore.They are noone but frauds and cheats.They Did 420 with me. They said we will give u 1.5 lacs service pack in which you will earn 7 lacs sure shot which they never did. They dont have any monthly pack of 1.5 lacs so this is a straight forward 420.Also they did so many fake committments and promises and keep on asking me to deposit money which I kept depositing, thinking that my lost money will be recovered but they are big liars, frauds, cheats and their Compliant Officer Neelabh Singh is a part of all this conspiracy for looting people's hard earned money.I lost approximately 5.5 lacs in 15-20 days. I lodged a FIR and I request u all the people with whom this company did fraud to file a FIR in their respective Police Stations and all must write a hand written letter to SEBI also so that their registration is cancelled. I will also attach the copy of the FIR which I lodged.
PLEASE DO IT GUYS SO THAT INNOCENT PEOPLE SHOULD NOT BE TRAPPED IN THEIR FRAUDS AND 420 AND THEIR HARD EARNED MONEY CAN BE SAVED.

DR.HIMANSHU, MEDICAL OFFICER, NARWANA, JIND, HARYANA-126116

The equicom The equicom advisory are the biggest frauds in this advisory industry. His employed are a above clever .he was ceeted to new client one day I heve a call from this company and the gyus is Sanju [protected]and his sr .he provide to me a free trial o mcx crude.I ask to this guys on his call a sure call he told a sure call he says you are trade on this call and profit but his call is hit to SL and I loss the 4500, next day he said to me recover but not yet recover I lost to 2, day, more than 5000 and I totly lost 10000, and than his sinior consult to me he said you pey to10000 than I recover to your lost money, I told the you and your company was loss to me you can please recover to my loss, he told not yet possible to without pay on his ragitertion charge

Aadarniy bhai log merit mano is company Ke sath kabhi bhai na judo he is totly froud and kamine

THE EQUICOM CALL: BUY CRUDE OIL (DEC.) ABOVE 3490 TG-3505/3525/3560 SL-3455 www.theequicom.com [protected].
I, Dr.Himanshu Bansal MO CH Narwana want to say that Mr.Neelabh Singh the Compliance Officer of Theequicom Company, Indore personally met me and sorted out the matter in a pleasant manner with which I am fully satisfied now. I have no grievances with this Company anymore.
The equicom The equicom advisory are the biggest frauds in this advisory industry. i have get so much loss
to company person Mr.Shivkumar he is very hopless and knowledge less man. his talking is very sweet.
but after some days his talking we get so much loss. after our eye open. this man is only chuna lagaving.
person.

VMD
Sir,

We have done payment of Rs.8, 000/- dt.26.10.2016 by Credit Card to The equicom and not received any service fro them . Now they denied to given service and demanding additional money .

Regards,
Deepak
nar1987's reply, May 10, 2017
Bachav hi upchar hai is bimari ka
chor company hai ye, , , , , , Jab tak service nahi lo to phone par phone karte hai
Or ek baar service lene ke baad inki ek bhi call sahi nahi gai.
Jab maine phone lagaya or kaha ki muje usi bande se baat karni hai or uake maine naam bhi bataya jisne muje phone kiya tha service lene ke liye.
To inke office ke bhadve bolte hai ki sir to lunch par gaye hai.
Arre muje samaj nahi aata ki ye Analyst hai ya peon hai...Bhadvoonnnn ko kuch nahi aata sivay juth bolne or thagi karne ke.

Aap sabhi logo se meri appeal hai ki inn companiyon ke chakkar main nahi aaye or agar inka call aaye to police ko inform kare.

Dhanyavaad
share kar ne ke liye dhayawad.

me aaj hi pay karne wala ta. bach gaya

muje bhi aaj profit karwa ya trial call pe 10000/-

but aap logo ki baate sun ke pata chala ye fraud company hai .

thanks you
These people are #######. Chetan the bugger along with Manoj Verma (his senior) gave me a position in Options, and told that it will give sure shot profit of 30-50K in one call itself on the 2nd or 3rd day of the month only. Then the position starts going down. They asked me to hold it, Manoj verma stops taking calls (saying busy hai, bada aadmi hai, confernce mein hai). They asked me to hold it for 17 odd sessions, and finally I lost almost all money - 2 lacs.
They were continuously asking for payment for the premium for the very first day. They have cheated me, as I am from service class. This company should be shut down so that people like me cant be their feed.
The level of research is immature and deals stock market just like gambling or lottery. IT is for the benefit of all that I am sharing my experience here. On 20 sept I got a call from Mr Harsh and he did a lot of talks to convince fee for hiring their services. I told him clearly that I am not a intra day trader and normally operate in F&O with holding time till expiry and if required roll over also. After hectic deliberations for two days he connected the phone to one lady who said that we will provide you a trial of the type of calls I usually deal with. She also told me that first she will earn some profit for me and then she will take a portion of that for her services with detailed discussions regarding their plans after this profit. So on 22nd sept as per her advice I bought 5 lots of Sun pharma CE520 at 13.41. Immediately after buying stock started coming down so i asked her for a SL so that loss could be minimized but she kept me assuring that it will go up and finally asked me to keep open this position till Monday. On Monday it kept on falling and on my continuous discussion finally she asked me to square off the position at 4.8 making my loss at around 34700. Then I asked her how she was going to cover up my losses and Mr harsh again took over who asked me join his services by paying registration amount of 10000 rs otherwise he refused to entertain me further. After a lot of discussions I disconnected the call.
After around a month on 25.10 I got a call from mr sachin chauhan and he introduced himself as employee of the company and intimated me that he has been asked by the company to contact me for the loss incurred. I told him the complete case. He showed a lot of sympathy and assured me to cover up my loss. He then connected to one other lady who also did a lot of sympathetic talks with me and assured that she will cover up my losses on next day and then she said that I may consider joining their services after paying registration amount of 25000 for which I agreed. On next day ie on 26.10 she asked me buy 5 lots of ICICI bank at 307.5. Again after buying it started going done but the lady asked me to keep it as she told that it will recover soon. Finally when the rate went down to around 295 I called her and she told be square off the position giving me a lot of around 138000 within four hours.
I again asked her how my loss will be recovered and she again pressed me to pay her 10000 rs so that she will recover my loss. I flatly refused it on which she became angry and started shouting at me that I can bear a huge loss but cannt pay her 10000 rs and finally after some heated arguments I disconnected the call.
After one hour I again got the call from Sachin chauhan and this time he connected me to one of his senior fellow bhatia who first of all insisted me to pay 10000 rs and assued me to provide a service whose charge is 50000/- as per him. But I flatly refused to pay even a single penny unless my loss is recovered. He called me several times during the day and we had all sorts of discussion and he kept me pressing for paying 10000 rs which I refused.
Finally after a lot of deliberations he asked me to keep a margin of 5 lacs ready for the next day with which he assured to cover my losses. Next day he asked me to buy 50 lots of bank nifty at around 180 rs. I confirmed him the purchase but actually I did nothing. After some initial jumps the stock started coming down and he asked to bought further 15 lots at 140 which I refused then he asked me to keep my position open for next trading day. Next day morning the stock went up upto around 170 and bhatia called me and said see my call is working but after that it again went down and closed at 143. In the evening I got a call from chauhan to confirm whether my position is open during which I asked him strictly to not call me again.
CONCLUSION: THE PURPOSE OF NARRATING SO LONG IS TO EDUCATE OTHER FRIENDS NOT TO FALL IN TRAP OF THESE BUGGERS. BASICALLY THEY GAMBLE/ SPECULATE ON YOUR MONEY. IF YOU LOOSE FIRST THEY INSIST TO PAY SOME MONEY TO THEM BUT WHEN SOMEONE LIKE ME REFUSES THEY KEEP ON DOING THE SAME TILL YOU MAY GET SOME GAIN SO THAT THEY CAN EXTRACT SOME MONEY OR THE LARGER PROBABILITY IS THAT YOU WILL LOOSE ALL YOUR MONEY. THE MOST UNFORTUNATE ONES WILL GAIN SOMETHING IN THE BEGINNING THROUGH WHICH THESE FELLOWS WILL EXTRACT SOME MONEY AND THEN AFTER THAT THEY WILL KEEP EXTRACTING MORE MONEY IN THE NAME OF BETTER PLANS TILL THE TIME YOU LOOSE ALL YOUR MONEY. AS PER THUMB RULE OF TRADING ONE SHOULD INVEST ALL HIS MONEY IN ONE SCRIPT SO AS TO ENSURE AVERAGING IN CASE OF LOSS BUT THEY DO EXACTLY OPPOSITE IE WILL PLACE ALL MONEY IN ONE SCRIPT. IF YOU GAIN THEY WILL DEMAND A BIG CHUNK AND IN CASE OF LOSS IT WILL BE ALMOST NON-RECOVERABLE. THE THIRD THING IS THAT EITHER THEY WILL NOT GIVE ANY SL OR SL WILL BE TOO DEEP RESULTING HUGE LOSS AND THIS SHOWS IMMATURITY OF THESE SO CALLED RESEARCHERS.
So my advice is to keep away from such frauds and keep your money. The best way to invest in stock market in mutual fund but still one wants to enter into stock market go for a bigger and trusted name rather than these sadakchhaps who will loose all your money over a period of time.
Prelim's reply, Feb 23, 2018
So jyoti u should take a legal action against these fraud gyes
HI Guys,

The Equicom co. is fraud & cheater, I Have lost my 2 Lac, Everything is scripted.They trap to People with 1 free call to give profit call of Rs. 5 to 6K and than the told to join, when the person joined them, they told to paid 50000/- and than they give u another profit of 30 to 35 K and, suddenly after another call they from them you make a huge loss, then they again told to paid 50000/- to recover loss, than person become trapped by these dirty people specially, Sakshi, Anuj & Dev & more, than loss process from them to person will continuous, when the person fall in huge loss. they told him again to invest to recover, but when the person suffer from huge loss, he has to leave them. than they dont make any call... should take legal action against them... pata nahi ye kitney logo ko apne jaal me trap kar chuke hongey or na jane kitne honey ko hongey. jaisaa ye logoo ke sath kar rahe ha, god inke sath bhi kareyyy... plzzzzzzz beware from these type of cheater & fraud co..
I also got the similar experience's from the equicom. They provide me Idea cellular call for the Feb-18 series.
Team members are Mr Ashish (Senior), Aarti Joshi, Gokul given me the false advice.As per company policy, they can not provide Teliphonic calls but team members force us to trade on there telephonic calls only.In Idea Call I lost my all capital because of there misguideing and bad attitude.Without stop loss they provide the calls and they don't care for there clients.Very bad advisory firm.phone numbers are [protected], [protected]

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