SMC Global Securities — deficiency of services | |||||
Smc global securities is a fraudulent stockbroker with no ethics. They have consistently charged more brokerage than that was promised. Also trading on my account without consent and ridiculing customers with deliberate misinformed news. I was regularly trading in futures and options segment. My complaint is about a specific case related to reliance naval futures trading.in the month april i bought one lot of rnaval futures on april 7th 2018. I held it till may 14th 2018 after rolling the same in may month series. I was already sustaining losses. But since stock had been hammered that i thought stock would jump up in the new series of june july 2018. But on may 14th the smc global had sent a circular from nse which was actually sent on april 26th by nse to smc global securities. This was given to clients on may 14th when the stock was trading at its lowest. This was obviously given with malafide intentions and was advised by the research team to sell the stocks. How come this is ignored by sebi and exchange as mere risk factors rather than a crime. I wish to highlight few other frauds done by smc global in the name of application filling and unauthorised trading Was this information helpful? | |||||
SMC Global Securities customer support has been notified about the posted complaint. | |||||
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+91 11 3011 1000
11/6B, Shanti Chamber, Pusa Road, New Delhi, Delhi, India - 110005
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