Discount Broker Comparison

sibu3168

Well-Known Member
Alibaba from WC has unauthorized access as unregistered franchisee to operate on clients account margim using client funds n UNREGISTERED franchise model is used a so that later ALICEBLUE can simply put everything on WC for running away.
I've opened account with Alice Blue(via WC and the KYC has been signed between me & AB), transfered my money to AB's account. Then tell me how someone will take my money. Is t possible now?

Thanks
 
I've opened account with Alice Blue(via WC and the KYC has been signed between me & AB), transfered my money to AB's account. Then tell me how someone will take my money. Is t possible now?

Thanks
yes it is possible as wisdom has access to trade in the clients account routed to AB through them n they can also halt your system n stop your trade limit by giving any silly tech issues etc.May God bless you
 

sibu3168

Well-Known Member
yes it is possible as wisdom has access to trade in the clients account routed to AB through them n they can also halt your system n stop your trade limit by giving any silly tech issues etc.May God bless you
Although I know such thing will never happen(what will be their gain by halting my terminal or trading in my account), but let me trade for the next one month and let us see what happens.

If I detect any misdeeds, then I will be the first person who will go against them and report everything here(at the same time I hope such thing will never happen).

Thanks
 
Let me tell you the benefit to WC halting your system, the owner is hardcore trade addict lost his all money n surviving on his govt. job with which he is frustrated so started franchisee.By stopping client system he leverage client funding for personal trades to make money which as a franchisee only he can do.
pls put your contract notes for the forum to understand the real picture.
 
Let me tell you the benefit to WC halting your system, the owner is hardcore trade addict lost his all money n surviving on his govt. job with which he is frustrated so started franchisee.
If that is the case,

(i) I will be more than happy to put my money with a govt official's associated organization.
(ii) If the owner is hardcore trader than it will be positive move for WC, because traders pain point could be understood by a trader only. Not like businessman like you guys (SAS):D

By stopping client system he leverage client funding for personal trades to make money which as a franchisee only he can do.
If that is the case, than Mr Arvind Kejriwal is President of America and You are spouse of Behen Mayawati:lol::D:p:lol:
 

sibu3168

Well-Known Member
Let me tell you the benefit to WC halting your system, the owner is hardcore trade addict lost his all money n surviving on his govt. job with which he is frustrated so started franchisee.By stopping client system he leverage client funding for personal trades to make money which as a franchisee only he can do.
pls put your contract notes for the forum to understand the real picture.
First I want to clarify, even if the owner is a hardcore trader (as per you a gambler), he can't halt my trading terminal if my account has sufficient margin. My terminal will be halted if there is any technical problem from NSE side, any payment crisis from brokerside, any shortfall from my margin side, any default from my side or any technical snag from brokerside (which can happen with any broker) or any internet failure from my side.

Before under my capacity as a branch manager, I had opened 15 to 16 accounts as franchise. Although many of them has been shut down their business but not in a single case the owner of the franchise utilized their client money towards their own trading. In fact they can not use it in any circumstances. Their networth is calculated as follows : His own margin which he has deposited by signing the KYC between the broker & himself plus any margin he has deposited in his franchise name. But in noway he can show his client's money as his margin.

Yes, I will show my contracts here but the question is why should I do this? If I convinced by their plan, do I need anybody's advise to open account with them and trade with them.

In fact, I found all these logic very much childish. Today is a very goodday from the point of trading and it will be better for me to concentrate on trading rather than participating in such type of useless matter.

With best wishes.
 
First I want to clarify, even if the owner is a hardcore trader (as per you a gambler), he can't halt my trading terminal if my account has sufficient margin. My terminal will be halted if there is any technical problem from NSE side, any payment crisis from brokerside, any shortfall from my margin side, any default from my side or any technical snag from brokerside (which can happen with any broker) or any internet failure from my side.

Before under my capacity as a branch manager, I had opened 15 to 16 accounts as franchise. Although many of them has been shut down their business but not in a single case the owner of the franchise utilized their client money towards their own trading. In fact they can not use it in any circumstances. Their networth is calculated as follows : His own margin which he has deposited by signing the KYC between the broker & himself plus any margin he has deposited in his franchise name. But in noway he can show his client's money as his margin.

Yes, I will show my contracts here but the question is why should I do this? If I convinced by their plan, do I need anybody's advise to open account with them and trade with them.

In fact, I found all these logic very much childish. Today is a very goodday from the point of trading and it will be better for me to concentrate on trading rather than participating in such type of useless matter.

With best wishes.
Yes I agree with you that useless talk is going on here. Still we would like you to share your experience with the broker from time to time after mkt hours