SMC Global Securities Complaints & Reviews

This scamstar sorry smc is a big scamer. Their full management is well trained how to bluffed or cheated client money. I[censored] trade Daly basis then they show u actual amount but when u go for trade their system blocked u even i[censored] have ur money....

Hi all,

I have followed for more than 3 to 4 months in the past to close my account and also sent multiple mails for the same with all the required documents...

I have received the below sms on my mobile today... Plz make sure the account is closed.. Any money debited from my account will be subjected to consumer case.

Your dp ac 03740047 o/s dues is rs. 118 (Dr) as on 27/11/2019 is being processed...

SMC is a fraud and cheat company and people must be aware of this.

In December, I received a call from executive Ms. Ishani singh for a Bhart AXA Life ELITE ADVANTAGE PLAN policy and offered me following:

- Domestic/International tour voucher with 12 years membership for club.
- 12 years health insurance for two people (Insured & nominee).
- and withdrawal of total money without any penalty at 9.5%...

Rajib Saha
Sir,
I m writing this complain on behalf of my r.m. Sanjay Saha against M/S SMC GLOBAL SECURITIES LTD,kolkata that they debited my trading a/c by the amt. of 1200/-rs ror 2 times for the purpose of nifty without giving any intimation to me. After having discussion over telephone ,That person was told me "He using slang to me"'. Now i need to close my account but my relation manneger is saying to me...

I SURENDER KUMAR YADAV MY TRADING ID-PS977 UNDER MR.GANESH ANGAJ SUB BROKER OF SMC GLOBAL SECURITIES UNDER MALAD REGIONAL OFFICE MUMBAI.
HE HAS MADE MY ACCOUNT BALANCE ZERO UNDER SUSPECIOUS CIRCUMSTANCES, HE HIM SELF MADE A FALSE DP HOLDING STATEMENT AND HANDED OVER TO ME WHEREAS MY DP HOLDIND IS NIL AS PER HED OFFICE SMC GLOBAL SECURITIES NEW DELHI.
HE CHANGES HIS OFFICE AS WELL AS CONTACT NO VERY FREQUENTLY.
HE IS...

I HAVE TRDING A/C WITH GLOBAL SECURITIES NO.NOW0010 OPENED AT BORIVALI BR. MUMBAI . THE PERSON WHO WAS OPERATING THE A/C MR HARISH SHRIVATAVA MADE 2-3 TRANSACTION IN FUTURE AND OPTION AND INFORM ME SUBSEQUENTLY. IN THIS I HAVE LOST RS.7000/- ( RUEES- SEVEN THOUSAND). NOW COMPANY IS SAYING THAT - CONCERN PERSON WAS FRENCHIECHI OWNER, WE ARE NOT RESPONSIBLE FOR THE TRADE LOSS OR PROFIT BECAUSE WE HAVE THE PRACTICE OF SENDING E mail,AND YOU...

My trading code with smc global is czl0046 and on 20.06.2022 smc debited my account with for rupees 7171/-stating " difference amount of bse txn charges from 24.08.2020 to 23.05.2022"

i several times requested them to remove the debit amount and this was mistake of smc and thus smc must bear the losses but they din not removed and started charging interest on debit account.

I told them that i would have save tax which i paid to government if they would have rectified their mistake in previous year but they are sticked to their decision and one the employee of smc someone mr. Paul/pal told me over phone that if i do not pay the dues, they will sell shares from my holding without informing me as because they are having poa with them. I replied do what you want can do, i will not pay this uninformed dues.

Suddenly debiting account without prior information and after that these type of comment is not acceptable from the employee of such a reputed company with whom i am associated with more than 10 years. Thousands of people have given them poa for trading, this type of comment is very serious.

Please sort out the matter, so that the amount debited by smc must be reversed and also see that faith of all those clients given them poa must not be broken.

Even if consumer forum will advice me to pay the dues and will clear that smc global are correct on their part, i will pay the dues immediately.

Dear sir
I have account with SMC reference no RML2220 i am making transaction in comodity sigment and brokerage charges are charged me almost 0.50% instead of 0.03%. so kindly refund the excess charged amount refund me and further charges should be as per your brokerage chart 0.03%

I hope SMC will listen me and resolve my issue

Vishvambhar Dayal Meena
RML2220

Pls untag my pan with misp - BDYPC7737C

Pls untag it as soo as possible

Because of it i am not getting any job

Please untag my pan with misp - BDYPC7737C

Because of it i am not getting any job

Pls help asap

Dear Team

I have opened a demat account with SMC global yamunanagar branch with code YSY0068, At the time of account opening I was told that the brokerage would be 10/- per lot IN all segments, but after my first trade I was come to know that my brokerage is 5 time higher than the commited amount, when on saturday I called Mr Deepak the manager who opened the Demat account I asked him about the charges, he said that his boss is on leave, he will provide the approval for the same on urgent bases, but till 3PM the commitment was not full filled . I said him to call their boss on this Deepak replied that he is his boss so he can't call him twice.

Now I want to ask SMC global that the so called boss, is he the owner of SMC that he can't attend the call for client query.
What is the matter with this guy that he can't give the service on time, and when I asked Mr Deepak to prive me his no. He directly denied for the same. This is my right to have his no and ask him queries.

And if he is unable to do so then why is he working in the organisation.

Kindly provide me the solution for the same or I will have to pull the matter to SEBI and consumer court

Regards
CHARANJEET SINGH
YSY0068
[protected]

My name is Lalan kumar singh. my client id is ENL1379
I have requested to my RM that plz. release my SIP amount in my bank account and close this SIP
Already i submitted POA Papers in SMC Office Pusa Road Delhi

now m fed up with this SMC Global service
i just have a little request that plz. take a valid step regarding this issue

i will wait for your positive response

I had transfer money to trading account. Money had deducted from my bank account but not updated in SMC trading account.
I had drop mail, follow up mail. try to contact toll free number
Worst service while opening account they give big promise but service is really poor. No proper support.
Please i will recommend do not open your account with SMC.

Respected sir,
My client Id is mpm0200. I do trade own. Last few years I ve faced similar problem with one problem. They blocked me anytime when I trade. When I contact they never pick up my call. When I get excited they bluffed me like anything. Today is the day I did my first trade when I want to trade 2nd time they blocked me. When I contacted many time but no body picked up my call. Even rms cut my call twice. When I itractted with Bhaskar through whatsapp he with out listen my problem told me talked to rms. First rms guy told me that margin shortage when asked my ledger balanced then he told me u can trade now. What is nonsense thing going nobody tell me.
I talked to prakash he told me same thing but I told him I ve enough fund with me that time he took me for 10 min and promise me to call back. It's already 1 and half hours gone now I call him he is not picked up my call. Pls look into this matter seriously.
Branch manager prakash bhoite and his team specially Bhaskar

Kindly Refund my Amount which is Dedicated in Account because your system is deducted 481rs Without any information.i don't know my Account number and mobile number is [protected] please check and tell me Refund Process otherwise you are ready for big Pannalty .

Sir I want close my account and transfer my all share in my new account I send close form but not closed my account and not transfer my share plz help me

I am having a Demat account no. PFR 1690 in SMC Global since long. I have to update my new bank details in my Demat ac due yo merged of bank. Already I have submitted documents required by SMC account opening team several times but still updation is pending and every time a new document is demanded which is harasment for a customer. Due to this delaying I am not able to trade and incurring monetry loss. I request you to look into the matter and resolve the issue at the earliest else I will be compelled to Lodge complain in consumer court against SMC account opening team.

Hi

I have an issue and sent mail in month of October but like govt organisations they give me time lines on phone for last 6 months and no one reply on mail or resolve the issue neither saying anything

Request to higher authority please ask anyone to do so

Ravi Pratap Singh
NVD0032

I am not able to login to the app smc ace .it is showing no exchange is mapped.my login id is UIM1932

Sir

I am pooja raheja having smc demat a/c. [protected] i sold iob equity shares in delivery mode of rs. 188730/- and brokrage charged rs. 2878/- which is totally illegal and not justified. According to your charges detail the total brokerage including all tax, stt, transaction charges should not be greater than 1000/- but deduction of too much amount of rs. 2878/- is illegal.

Kindly reverse my charges or i will close my account with lodging complaint to SEBI.