[Resolved]  Sky Commodities — cheating company, i lost rs 75, 000, do not do trading through with sky commodities

Address:Chennai

All,

Let me explain my experience about this fraud trading company, sky commodities. My client id is ch4156

Every staff of this company are cheater only, like frauds, please be careful while doing business with these guys

I had the trading account with this company in gundy office, sky commodities. Initially these guys told that this company is famous and plus point in its customer service. It is means, this company staff will help us do do the trading & we do not need to do the trading directly, sky commodities staff will do trading behalf o[censored]s with our permission. Here only there cheating/fraud trick is there, it is means, one or two time these guys will call you and ask your permission to do the trading, that time is also, these guys will talk confidently that we will get the money in this trader, like giving over confident but finally, we will loss our money, that time these guys will tell you like we will get money it tomorrow's trades's & do not worry

Next day also, these guys will call you and get the confirmation to do the trading on behalf of you, that means, they are playing on yours money, take a note here, do not allow them. I did that and lost all my money, now they are happy and they got there business with my hard earned money.

Ok, next point is very very important. Some time, without our knowledge and permission, these will do the trading, later they will inform you. Some time we would have given permission to do one trading on that day. But these will take that permission as grand for two to three trades on that same days, that is all the trades will go lost as these guys also inexperience and want to grow there business to show their progress on that day. So here we only looser and their business will grow.

So here cheating, without our knowledge and permission trade will happen by these guys, lose also ours only. When you ask them, simply the guys will response we already told you and only gave the permission and they will disconnect the call immediately. Like this way, i lost around rs 75, 000/-. Now closed my account and came out of this company.

So when you do the business with these guys, be careful, do believe these words and talk, these will talk well to make you invest and do the trade. Also, do not give and confirmation to these guys to do the trade behalf of you, definitely these guys will misuse that and make you zero. Again they will ask you to invest further to get the money back which you lost.

Even i am experienced it guy, somehow i believed these guys words and lost the money. So, i just want to tell you and make you aware of these fraud company and its staff.


Sky commodities guys fraud, they will miss use your money and make you loss. I lost rs 70, 000/-. Be careful, do not allow them to operate your shares on behalf of you. It is very very dangerous. Definitely, they will take all of money and make you complete loss. My customer id ch4156. If you have any queries, please contact me

Please be cautious when you work with these guys, these guys will close your chapter, i can say it is cheating company.

If you have any queries, contact me, i will clarify you
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Aug 9, 2021
Complaint marked as Resolved 
Sky Commodities customer support has been notified about the posted complaint.
Verified Support
Oct 21, 2020
Sky Commodities Customer Care's response
We would like to state that you knew all the trades happened in your trading account and you have been updated on daily basis with ledger balance by the supporting executive. You have requested the dealer to take positions based on the calls and you agreed for the profit or loss for the trades. Based on your consent only the position were taken and informed you about the status on every day. We have shared the voice loggers of the same .

We wish to inform you that you have opted Electronic Contract Note and the contracts for the trades sent to your Mail ID registered with us.

We have sent Ledger Balance and Open Position details to you on daily basis through SMS to prompt you the changes in his Ledger accounts.

We would like to state that we have sent trade confirmation SMS immediately whenever the trades happened in yours trading account.

We would like to inform that we have informed in all the ways to keep you aware of the transactions happened in your trading account, your claim of misuse of funds is not acceptable.
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    +91 422 470 0800
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    Sky Commodities Address
    40-41, First Floor, SNR towers, Vysial Street, Coimbatore, Tamil Nadu, India - 641001
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