Have you ever felt tempted to try a new research service after seeing their charts, signals, or social media posts? It happens to most traders, and it is designed to look that way.
The presentation looks sharp, the logic sounds convincing, and you start thinking, “should I give this a try?”
But right at that moment, another question quietly comes in: can i trust SEBI registered research analyst services just based on a sleek social media feed?
That is exactly why checking A&Y Market Research complaints becomes relevant. Not because every service has issues, but because smart investors look for clarity before they commit.
In a space where information moves fast and decisions are quick, pausing to verify details can save you from future regret.
So how do you separate genuine research from just good marketing?
Let’s break it down step by step.
A&Y Market Research Review
So, what is A&Y Market Research all about?
A&Y Market Research is a SEBI-registered Research Analyst with Registration Number INH000015419 under SEBI (Research Analyst) Regulations, 2014.
They offer both fundamental and technical analysis, including charts and technical tools to identify market patterns. Their goal is to provide insights into past trends and expectations for future market conditions.
They also have a noticeable online presence.
They are available on the following platforms:
- YouTube, under the name “aandymarketresearch” has 191 subscribers.
- Instagram with 7000+ followers.
- WhatsApp channel.
- A website.
- A Facebook page with 10 followers.
They offer multiple subscription plans, like the following:
- OptionsTrading Package: ₹2999 per month and ₹5999 per quarter
- Stock Picks and Multi-asset Plan: ₹15000 per annum
On the surface, the platform appears credible. Its social media presence is quite active, and one of the most appealing aspects is the wide range of subscription plans that seem accessible for different types of users.
However, these are all elements presented on the website, which are naturally designed to attract and engage potential clients.
That is why it is important to check SEBI registered research analyst online before trusting.
The true measure of any Research Analyst lies in genuine user feedback and the actual complaint data, not just what is showcased online.
A&Y Market Research Complaints Data
So, what does the complaint data show?
A&Y Market Research complaints data is not fully disclosed as per expectations. Only one year of complaint data has been mentioned, which shows 0 complaints as of March 2026.
But here is where a serious question arises.
Even though the firm received its SEBI license in 2024, there is no visible complaint data for the previous period since registration. Ideally, such information should be clearly available for transparency.
SEBI has clearly stated that three years of complaint data must be available on the website of a research analyst.
But in this case, the data is entirely missing. Is it not updated yet, or has it not been disclosed properly?
This lack of a complete complaint history can be a concern because transparency plays a major role in building investor trust. When data is partially available, it makes it harder to evaluate how the firm has handled issues over time.
Another important point to consider is this. Even when complaints are zero, it does not automatically mean there are no concerns at all. Some users may not raise complaints through official channels.
So what should you do?
Always verify from multiple sources. Do not rely only on official numbers. Check reviews, ask questions, and understand the service before making any decision.
What SEBI Registered Research Analysts Can Do?
Before you rely on any Research Analyst, shouldn’t you clearly know their role.
Let us have a look at it:
- They can provide research reports based on technical and fundamental analysis.
- They can suggest trading or investment strategies.
- They can charge fees if properly disclosed.
- They must maintain fairness and transparency in recommendations.
- They must inform clients about the risks involved in the market.
What SEBI Registered Research Analysts Cannot Do?
Certain things are prohibited for a research analyst.
These include the following:
- They cannot promise guaranteed returns or fixed profits.
- They cannot directly handle your trading account or funds.
- They cannot mislead through unrealistic performance claims.
- They cannot advise without proper research backing.
- They cannot hide key disclosures or risks from clients.
Understanding these points helps you judge whether a service is operating within the rules or not.
How to Register a Complaint Against RA?
If you face an issue with a Research Analyst, it is important to follow a structured approach so your complaint is taken seriously and resolved efficiently.
- Step 1: Collect Proper Evidence: Start by gathering all relevant documents, such as chats, emails, payment receipts, and any promises or claims made. Having clear evidence strengthens your case and avoids unnecessary delays.
- Step 2: Contact the Research Analyst: Before escalating the matter, raise your concern directly with the firm. Clearly explain your issue and allow them a fair chance to resolve it.
- Step 3: File a Complaint in SCORES: If your issue is not resolved, you can register a complaint on the SEBI SCORES platform. If your issue is not resolved, you can register a complaint on the SEBI SCORES platform. This ensures your complaint is officially recorded and monitored, and you can also track your SEBI online complaint status.
- Step 4: File a Complaint in SMART ODR: For further resolution, you can move to the SMART ODR platform. It allows structured mediation or conciliation between both parties.
- Step 5: Arbitration in Share Market: If the issue still remains unresolved, arbitration becomes the final step where a legal decision is made. A sole arbitrator will be chosen to deal with your case, and the decision will be taken based on the evidence.
Need Help?
Handling such situations can feel stressful, especially if you are not familiar with the process. But taking the right steps at the right time can make a big difference.
If you need assistance, you can reach out to us. Our team will carefully understand your situation and guide you through every stage.
We help you collect proper evidence, draft a strong complaint, and register it on the correct platform. If required, we also support you during arbitration and counselling so that your case is handled effectively.
We aim to make the entire process simple, organized, and as hassle-free as possible for you.
Conclusion
So, what should you really take away from A&Y Market Research complaints?
The firm offers structured research services, multiple plans, and maintains an active online presence. On the surface, everything may look well-organized.
However, incomplete complaint disclosure raises a valid concern that should not be ignored. Transparency is not just a rule; it is a sign of reliability.
Does this mean you should completely avoid the platform? Not necessarily. But it does mean that you should move forward with awareness rather than assumptions.
In the end, smart investing is not just about finding opportunities; it is about avoiding unnecessary risks. Always check, question, and verify before you trust.
