What’s the main concern when you invest in stock markets? You can lose all the money in a stock market crash. Stock markets can be risky and investors may suffer heavy losses.
Have you given thought that your stock broker may cheat you? What if stock broker is a fraudster? Let’s take a look at how a stock broker may cheat you.
IndianMoney encourages you to take a close look at the stock broker. This is hard earned money. Make sure the stock broker doesn’t cheat you. IndianMoney encourages filing a complaint if the stock broker has cheated you.
Want to know more on investment planning? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We only provide FREE financial advice/education to ensure that you are not misguided while buying any kind of financial products.
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SEBI (Securities and Exchange Board of India), is the capital market regulator which regulates stocks and mutual funds in India. The job of SEBI is to make sure stock broker doesn’t cheat you. Has the stock broker cheated you? IndianMoney advises you to lodge complaint on SCORES.
SEBI complaint Redress System popularly called SCORES is a centralized online complaint resolution system and a complainant can seek grievance resolution against a stock broker.
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You can file complaints against stock brokers like Sharekhan, Angel Broking, Zerodha, ICICI Direct, HDFC securities, SBICAP Securities and so on at SCORES. SEBI will check if the complaint comes under its purview and forward the complaint to the concerned stock broker. The stock broker will have to file an action report under SCORES.
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The stock exchanges like NSE and BSE collect money from stock brokers. This is a small percentage of gross turnover. All this money is pooled into an Investor Protection Fund looked after by trustees. This money is used to compensate customers with grievances.
Have a complaint against any company? IndianMoney.com complaints portal Iamcheated.com can help you resolve the issue. Just visit Iamcheated.com and lodge your complaint.
If you want to post a review on any company you can post it on Indianmoney.com review and complaint portal IamCheated.com.
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