Reviews on Angel Broking and Religare!!

Best broker for trading?

  • Icici direct

    Votes: 19 9.0%
  • Sharekhan

    Votes: 58 27.6%
  • Indiabulls

    Votes: 23 11.0%
  • india infoline(5 paisa)

    Votes: 21 10.0%
  • HDFC

    Votes: 9 4.3%
  • Motilal Oswal

    Votes: 6 2.9%
  • Others

    Votes: 74 35.2%

  • Total voters
    210
As I had already posted. Religare sucks big time. Just an example. I requested to reset my password by sending e-mail....no reply in 2 days. I called the customer care and got it reset after calling 2,3 times. After 1 week got reply that your password is again reset :mad:
 

alroyraj

Well-Known Member
https://www.bonanzaonline.com/

hey what do you say about
https://www.bonanzaonline.com/
is it a valid sebi registered company or fake one
it is offering lowest charges.

as it is also offering zero amc account so opening a ac with them is not big deal
if they are not fake.
i can't verify whether they are registered with sebi. please help
NSE CM:INB 230637836 NSE F&O:INF 230637836 INE 230637836 BSE CM:INB 011110237 BSE F&O:INF 011110237 INE 011110237 PMS:INP 000000985 CDSL:IN 33500 NSDL:IN 301477 AMFI NO:ARN 0186 MCX-SX:INE 260637836

These registered Ids indicate they are registered with SEBI. But what is the scheme they offered you, and where are you based?
 

prst

Well-Known Member
As I had already posted. Religare sucks big time. Just an example. I requested to reset my password by sending e-mail....no reply in 2 days. I called the customer care and got it reset after calling 2,3 times. After 1 week got reply that your password is again reset :mad:
dude,
even Angel broking sucks big time.
I too had the same problem with angel.
They wont reset it on phone.
Asked me to send a mail.
no reply to mail even after 3 days.
 
Hi,

I am fairly new to trading and equity markets and have been shopping for aDMAT / DP account. Everytime i decide to register with a company i end up changing my mind because of the poor reviews on various sites. I have the following queries:

1. What is the advantage of using a terminal platform over a web based trading application. I would prefer being keeping the option of being able to trade from multiple locations. However if the speeds for web based trading is poor i might as well settle with a terminal based software.

2. So far I have enquired about rates with HDFC securities (i have a savings acct with them), geojit sec, reliance money, kotak securities and HSBC investdirect. So far I have come across ONLY bad reviews about the accounting practices, poor product and misrepresentations about rates from all these companies. However I have been unable to find any reviews about HSBC invest direct india.

3. Can someone help me select a good company to start with? My requirements: I would be more of a delivery based trader but would keep open the option of intraday trading in case i need to minimize losses. Would prefer trading from multiples locations but can let that go if every broker offers very slow web based platforms.
 
I fully agree with Ravi Ghosh that we have to choose between lesser evil. In last one decade I have tried ICICI, Indiainfoline (5 paisa) Indiabulls, HDFC, Geojit and Angels. I have closed most of them promptly because of false promises and fraudulent practices of making scrips and money disappearing from the demat / trading account - a typical Indian phenomenon. I am with Indiabulls for about 7 years mainly because they have never chased me for any turnover targets. Everything can be done online bypassing a nemesis called Relationship manager who keep changing more often than not with most broking houses. The RM can tell you anything out of the hat , believe me.
Indiabulls has now introduced digital token so no more passwords remembering. There software- Powerbull is one of the fastest as compared to Typical ODIN. They also have powerbulls for Windows, linux and Apple MAC platform.
The worst for me was HDFC because there was no online webpage with streaming quotes or software like ODIN at all though it was promised. About ICICI I need not tell you anything. The name equals fraud. Indiainfoline made me run pillar to post everytime there was a payout. Geojit is crawling slow but okay for infrequent traders or investors.
I opened Angel account only 15 days back because-of all the praise I read here. Their local branch level service in Pune is courteous but I am facing myriad of problems even after 20 days. I made an experimental day trade to see the broking and other charges. I got a gross profit of around 160 rupees. With all the deductions the contract notes shows I finally get only Rs 40 out of Rs 160.
I sat next to their dealer on the terminal for the first time for day trading in equities thinking he is putting calls in equities and he suggested buying Hindalco. He placed a call on Hindaco futures instead and in 30 seconds flat I lost Rs 4000. I never knew it was in F and O. Next day he did not talk to me for obvious reasons. My fault completely I should say. I will not go to the branch again soon. So beware when you sit with any Dealer terminal. My MF account of Angel is not operational after 20 days and repeated requests. The photocopies of all the documents I signed and which they return to you, are still missing. The email replies are utterly irrelevant. The brokerage is 0.3 delivery and 0.03 intraday. I have received about 15 different password with emails which do not work at all. Most passwords are given to me from local branch as an after thought when complained about.
Now is this personalized service they boast off? May be I am asking too much in first 20 days. I should wait for another few months to settle down. What do you say?
Lo, there is another broker on the horizon calling me. Ventura1. I saw their software and was impressed. Absolutely fantastic for day traders with deep pockets. I would not say do not go to Angel broking as there are many satisfied customers who have written here. Anyone has experience with Ventura or hem securities? People can also try Acit C mehta and Prabhudas Liledher, the veterans in the business.
thanks buddies.
had very bad experience iwth asit c mehta (investmentz.com). would not recommend.
 
Yes. Anyone would be impressed with Ventura's s/w 'Pointer". But has one one noticed that this 'Pointer' needs credit balance even to sell the shares held in DP?. Why margin is required to sell the shares held in DP?. Why not one square off the sale with the proceeds of the sale?. why separate fund (credit balance) is required to buy shares against the sale on the same day?. Also, what about their back office website?. When one log-in, atleast a dozen efforts needed. When fortunate enough to log-in and opt for a menu to open, you will be "successfully logged off". Has any one come across this sort of mess any where?. Above all, there would not be any reply from Ventura; I mean poorest customer service I have ever come across amongst any brokers.

I am very much surprised as to how others view it as good one. Perhaps, it is okay for those who trade once a while. Defenitely, it is super fastest. Above all, Pointer's net position option too is the best. But other things discourages. But for regular traders, I do not think that it is anywhere nearer to be called good.
 

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