Someone offered to “handle everything” and just manage your trading for you. It sounded easy, so you are checking whether that is even allowed. It is not. A research analyst running your account is against SEBI rules, full stop. This page explains what the rule says, the difference between the three types of SEBI professionals, […]
Ram (name changed) is a final-year student from Kota, Rajasthan, and he did not walk into this alone. He and his friend Mohak signed up together with what was, on paper, a SEBI registered research analyst. Between the two of them, across two demat accounts, close to ₹5 to 6 lakh is now gone. And
The number that started it was almost funny: ₹61. That was the registration fee that an analyst charged Sahil (name changed) to get going. Within his first stretch, they “made” him a ₹1 lakh profit. The number that ended it was not funny at all: a total loss of ₹6,92,000. If something like this happened
Here is the thing most people do not know about arbitration. It is not the broker’s grievance desk. It is not another email into the void. Instead, it is a neutral tribunal that hears your dispute and passes an award the broker has to honour. For anyone who lost money and got nowhere with a
Let’s be fair to brokers for a second. Under the RMS policy of stock broker operations, they’re allowed to square off your position if you fall short on margin. That’s normal; it’s in the rules, and it protects everyone. What’s not normal is doing it with no real notice, before you’ve had any genuine chance
Not every broker dispute is about a bad trade. Sometimes it’s just a line on your ledger you can’t explain. A charge appears. No contract note. No reason you can find. The money’s simply gone. You call, you email, and you get a shrug or silence. That’s a wrongful debit, and here’s the good news:
Unauthorised trading is simple to describe and painful to live through. Trades show up in your account that you never placed and never approved. It’s one of the most common complaints against brokers, and one of the toughest to prove, because the broker holds all the records. That’s the catch. How do you prove a
Anyone typing is Deepak Pal SEBI registered into a search bar wants one thing confirmed fast, before money moves. A registration number alone only answers part of that question though. INH000012856 sits on SEBI’s own database, tied to a proprietorship called Investogainer Research, run out of Indore. What that number actually confirms, and what it
If you are trying to file a complaint against Deepak Pal, one number should already concern you. Five of his six subscription plans cross the SEBI fee cap once annualised. Maybe you already paid Investogainer Research, and the bill never matched what you expected. Maybe you are still deciding whether a formal complaint is worth
If you are researching Deepak Pal of Investogainer Research before paying, the registration number alone will not tell you enough. INH000012856 is real. It shows up correctly on SEBI’s own database. But a genuine registration and a compliant business are two different things. This blog walks through where the two separate for Deepak Pal specifically.
You paid a firm for trading advice. Then you checked, and they are not registered with SEBI at all. Not as a research analyst, not as an investment adviser, nothing. The fear that follows is understandable. If they were never regulated, who do you even complain to? Three settled files answer that. In one, a
A small refund from an advisory is the claim most people never file. You lost 50,000, maybe 65,000, and you have talked yourself out of chasing it three times. The reasoning goes like this. The amount is too small. The process sounds long. A firm with lawyers will not bother with you, and even if
