[Resolved] Angel Broking — unauthorized trades

shobhitmishra83

from Mumbai, Maharashtra

Mar 4, 2013

Address: Uttar Pradesh

dear sir/madam
this is to inform you that my a/c no is KNPSK1517. I have invested Rs.70000 in my a/c.one of dealer of ANGEL BROKING transacted in call & put option of NIFTY between 21st.DEC 2012-31st.DEC 2012. without my consent and lost my all invested amount. since its the process to get confirmation of the client before the trading , which is not done by anyone. even I have no knowledge of call & put option. when i have asked about the written statement, they said it will be provided after weekly closing .when i got the statement ,i found there is no balance in my a/c to trading. I have complained about all this to branch manager ,but two months are passed and still no action have been taken from the company.
dear concern I am not regular investor and by taking loan from the market i have invested this amount and regularly paying interest of this amount while, i am unable to use this money.
so, please take required action as soon as possible.
thanking you.
regards- shobhit mishra
[protected], [protected], [protected]

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Aug 13, 2020

Complaint marked as Resolved

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Comments

Angel Broking Customer Care

from Mumbai, Maharashtra

Mar 20, 2013

Verified Support

Dear Mr. Mishra, Greeting of the day. This is with reference to your query regarding trading done in your account. In this regards, we have already replied to you in December 2012 stating that we have given you all intimation and contract notes had been provided in time. We have also reverted the exchange about the same. Hence we would request to get in touch with your branch for further details.

slopez

from Mumbai, Maharashtra

Apr 9, 2013

I am writing this as a warning to any new investors with angel broking, remove your money from their accounts because they will take you for a ride. I started trading at angel broking in 2012, andheri branch. mumbai. For a while their service was good, they gave me good tips and everything. then on october 26 my broker tells me to trade in f and o. I tell him I am not interested sas i have no knowledge on the same. Without telling me they did trades worth 44 lakhs in my account and lost 1.2 lakhs in a single day. The next day i get a call from the broker telling me that i will have to sell my shares to clear this debit. I am young and dont have this kind of money. thats really not the point here. these people are unscruplous and will lie to you and cheat you. I lost my hard earned money because of these guys. Please dont make my mistake

Angel Broking Customer Care

from Mumbai, Maharashtra

Oct 14, 2013

Verified Support

Dear Mr. slopez, we apologize for any inconvenience caused. Kindly provide us with your client code or contact details so that we can resolve your issue at the earliest . Alternatively, you could visit the link http://angelbroking.com/feedback.aspx and fill out your details. You could also call us on 3355 1111 or email us at [protected]@angelbroking.com. We look forward to the correspondence. With Regards, Angel Broking