Inconsumercomplaints.com » Business & Finance » Review / complaint: Reliance Money - Demat Acc/Trading | News #21655

Reliance Money
Demat Acc/Trading

Wrost Demat/Trading acc... Dont create any relationship...

RelianceMoeny is the wrost service I have ever seen in my life. I am working in an MNC and used to trade a lot. RelianceMoney is famous for their way of CHEATING customers. They cheat customers anytime anyhow and dont even answers your query ever.

The reliance customer service people are all villegians...!!! THey dont even understand the problem anytime and they dont know anything about their field!!! How the heck they will guide you!!!

Following is an email I sent to IRCPC for consumer court... They r taking action against relaincemoney. I request people having bad experience with Reliancemoney to come forward and try to take action as much possible as they can using consumer court!!!

Dear,

I have recharged with 1000Rs Bimonthly limit card & the brokrage for IntraDay Trading is 1paisa since I opened my account. But since last some days, 14.99Rs brokrage charges are getting deducted for each transaction.

See below example,

2009072168405826 11:57:03 977557 11:57:21 ALSTOM PROJECTS INDI BUY 10 523.0000 5230.00 0.00 0.00 0.00 -5230.00

2009072168956413 12:55:38 1354495 12:57:31 ALSTOM PROJECTS INDI SELL 6 521.0000 3126.00 0.00 0.00 0.7830 3125.22

2009072168956413 12:55:38 1354875 12:57:37 ALSTOM PROJECTS INDI SELL 4 521.0000 2084.00 0.00 0.00 0.5220 2083.48

2009072168405826 23:59:59 23:59:59 ALSTOM PROJECTS INDI BUY 0 0.00 0.00 13.59 1.40 0.00 -14.99

2009072168956413 23:59:59 23:59:59 ALSTOM PROJECTS INDI SELL 0 0.00 0.00 13.59 1.40 0.00 -14.99

Thiking 1 paisa as brokrage, I am doing a lot of transaction. This kind of cheating is really frustated!

This happened to me second time, first time there was no prefernce card selected and so autometically recharge didnt happen. Now even the preference card is selected instead of 1 paisa brokrage from limit card, 15Rs for each transaction is getting deducted. I lost almost 2000Rs in 2 days!!!


Company: Reliance Money

Country: India

Category: Business & Finance

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