Comments on: Online Stock Market Trading in India

By: sathya

sathya — Thu, 24 Dec 2009 02:13:50 +0000

hi friends,
could u pls tell me about brokerage for future trading.
i do ve account with icici and making a turnover of 10crores in a month, where they charge like 1 to 5cr of 0.05% and next slab of 5cr to 10cr of 0.04% which comes around Rs.40,000/- plus regulatory charges for 10cr.
i want know some other house with very least brokerage.

By: nalini kurup

nalini kurup — Thu, 15 Oct 2009 07:41:59 +0000

True, I have used reliance money and its been quite good for me.

By: dj

dj — Thu, 08 Oct 2009 08:42:12 +0000

i have used reliance money and now with line of complaints they have surely pulled up their socks. so my experience on rmoney has beeen decent.

By: Wilshire Loan Modification

Wilshire Loan Modification — Thu, 18 Jun 2009 17:28:15 +0000

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By: swarup

swarup — Mon, 06 Oct 2008 11:44:06 +0000

Can you plz provide information on account safety, brokerage rates and speed of execution and Online Stock Market Trading facility offered by the above brokerage firms.

Plz mail me the above mentioned information.

By: Vijay Phirke

Vijay Phirke — Wed, 16 Jul 2008 09:30:44 +0000

Irresponsible reply from Reliance Money

Reliance Help desk User70 wrote:
Dear Customer,
This is with reference to your Query at customer support enquiring about the Application status.
We would like to inform you that your application form is under process, on successful processing of your account the welcome kit will be dispatched in ten working days.

You may quote your reference number -588609 in relation to this query.
For any further assistance please call us on 3988 6000 or write to us at customer.support@reliancemoney.co.in
Yours Sincerely,
Customer Support

Mr. Reliance Money

It seems that you have not gone through the contents of my complaint and just gave very irresponsible reply.

I am reproducing below my complaint.

In short I am not interested in your account.

I want the refund of Money paid by me along with compensation for harassment caused to me.

Reasons:

1. Abnormal delay in opening account which is still pending.
2. No response at help desk at 3988 6000. It is dead in reality.
3. Irresponsible attitude of employees and management towards prospective customer.

Please act immediately to avoid unnecessary disputes.

Pushpa Vijay Phirke

By: raj

raj — Mon, 07 Jul 2008 10:07:25 +0000

Dear All,

Can anyone advise about

By: rajesh kumar

rajesh kumar — Fri, 27 Jun 2008 11:27:36 +0000

Please reply me on my email.
r_88singh@indiatimes.com

By: rajesh kumar

rajesh kumar — Fri, 27 Jun 2008 11:26:38 +0000

I want to know about online trading with the help of Credit Card. Is it possible.
please help me.

By: Vijay Phirke

Vijay Phirke — Wed, 23 Jan 2008 15:16:20 +0000

Irresponsible reply from Reliance Money

Mr. Reliance Money

It seems that you have not gone through the contents of my complaint and just gave very irresponsible reply.

I am reproducing below my complaint.

In short I am not interested in your account.

I want the refund of Money paid by me along with compensation for harassment caused to me.

Reasons:

Please act immediately to avoid unnecessary disputes.

Pushpa Vijay Phirke

By: Vijay Phirke

Vijay Phirke — Thu, 17 Jan 2008 14:34:44 +0000

Poor service, worst governance – On Line Trading account
RelianceMoney
I submitted an application for new account in my wife’s name Sou. Pushpa Vijay Phirke on 30.12.2007 with Sr. no. 0000965873 along with a cheque for Rs.750/- with a request to expedite the things so that she can subscribe to forthcoming Reliance Power issue.It was assured that the account will be activated within 10 to 12 days. I think quite sufficient time was available.
Since last 10 to 12 days I am following up with sales executive to arrange for linking of this saving account with trading account (which he promised at the time of submitting application). But he did not turn up and most of the times his cell is either switched off, out of range or not responding.
Even Thane branch telephone are either switched off or not attending.
Help desk no 39886600 is all the time busy and when gets connected there are so many instructions to dial 1 for this, then dial 2 for that. After following all the instructions the phone becomes mute. (If this the service to new customers, what will be their fate after putting hard earned money with the account? Simply not understood why this number is provided? Just to waste the time and money of customers?). At last I was fortunate to get that number on 12.01.2008. On enquiry it is learnt that my application is accepted and is in process. I was also told that I shall get account details and passwords for on-line-trading within a day or two.
Even after lapse of 4 to 5 days since I did not receive any communication. On 16.01.2008 I again tried to contact help(?)desk. But experience was none other than explained above. Thane Branch’s one phone was switched off and another was busy. Once I could contact but did not receive any response and it was disconnected. After wasting my half day and dozens of phone calls, lastly I contacted Corporate Office for the matter.
There also I was told to contact help desk. But after explaining above details one Mr. Pravin was kind enough to take the details and promised me that he will take up the matter with concerned and I shall be contacted by them with relevant details by evening. In the afternoon at 15:00 hrs one lady contacted me from no.32463208 telling that I shall get DP ID by evening.It was again explained to her that enough time is passed and now I want all the details for on-line-trading. She told that she will inquire and I shall be informed accordingly by evening. In the evening at 18:37 hrs. I received missed call from no. 32675043. On contacting back to the number one lady received the call and she told that there Representative had come to collect the documents but the same were not provided by me. I was trying to explain her that nobody has contacted me regarding the same and there should not be any reason to collect document after application is accepted and in process. The phone was disconnected during conversation and was not attended after retry. Thereafter I have not received any communication.
I am totally annoyed of these services and I requested you to activate my account at once and inform me the details today itself or refund the amount paid by me along with the compensation for the harassment caused to me and cancel my account.
I posted email on customer.grievance@reliancemoney.co.in and also to Anil Ambani, but no response and action.

By: BALU

BALU — Fri, 04 Jan 2008 16:49:19 +0000

What is the brokerage charges for Geojit NRI online trading services?

By: Pranav

Pranav — Mon, 24 Dec 2007 09:53:09 +0000

Many offer free one year account like dbschola and even sharekhan, icici was leader, but as said huge number made them charge more, and even server is mostly down, when sensex rises or dows steeply.

By: vkrish

vkrish — Tue, 18 Dec 2007 05:01:53 +0000

I have been using Reliance Money for a period of time now. It seems to be the cheapest of all the Trading Houses

By: Ashish

Ashish — Mon, 26 Nov 2007 14:04:38 +0000

Dont ever go for ICICI Direct, I used it for 2 years, at every crucial moment their server stucks and you end up with loss (if you are doing intra day trading) , Share Khan in Good and if you are doing lot of trade then IndiaInfoline (5paisa ) is good. They charge less and service is better than ICICI.