In the trading world, trust is everything especially when dealing with brokers who claim to have your best interests at heart. Unfortunately, not every broker lives up to this expectation. One of our clients recently fell victim to a software sales scam, where the broker pressured him into purchasing overpriced trading software, promising extraordinary profits. […]
In today’s world where there are more scams when it comes to investment, trusting anyone is almost difficult. However, some try to build trust by showing fake identity and credibility. This eventually results in the financial loss of victims they had never thought of. This is similar to what happened to Amit, a passionate learner
Sagar, a young and eager novice trader, had always been curious about the stock market. Like many beginners, he believed that he could turn his small savings into big profits with the right guidance. One afternoon, while browsing Facebook, a message popped up from a company that claimed to be a SEBI-registered stockbroker. The message
Let me introduce you to Mr. Kartik, an aspiring trader with lots of dreams of building wealth from stock market trading. Like any other trader, he thought of beginning his journey of trading by gaining some knowledge. To kick-start his journey he landed on one YouTube Channel (name changed), Grow Trading, with the catchy video
Have you ever wondered why the number of trading and investment scams is rising sharply? The obvious reason is not the lack of knowledge but the greed to earn quick profits. A look at the victim lists reveals that they include graduates, qualified doctors, retired army officers, and more. Among various trading scams, reports of
There are around 1.5 crore active traders in the share market, but let’s be realistic about how many are earning money. In the last two reports of SEBI around 71% of intraday traders and 91% of FnO traders are in loss. If we go deep into the FnO report, out of 42 lakh new traders
Heads or Tails? How many of you have used this simple trick to make decisions in life? Almost everyone! Now, imagine adding a twist to it—this time, the result could help you earn money. Sounds exciting, right? It may seem straightforward, but what if you lose your capital by guessing wrong? Without considering the risks,
Can your stock broker provide you with call tips? Yes, if the broker is a full-service stock broker then you can easily find call tips, research reports & recommendations on its mobile app & web. Can my stock broker handle my account? In some cases, stock brokers can take a position on your behalf, like
Algo trading softwares is free of human-made errors and hence is more accurate. But that doesn’t mean that there are no losses and all algo trading software providers are reliable. So, if any algo software provider guarantees returns and tries to convince his product by creating greed of high return and no loss strategy, stay
In the world of stock trading, where people hope to make quick profits, it’s easy to fall into traps. Danish (name changed) experienced a similar fraud when a broker convinced him to open a trading account, which led to unexpected losses of ₹25,000. Disheartened, Danish lost all hope until the day he came across our
Full-service stock brokers often provide local services through their sub-brokers. But sometimes these sub-brokers charge hefty brokerage and other charges and misguide traders by violating certain SEBI guidelines and regulations. One such incident happened with Mr. Aviraj (name changed). Aviraj was misled by one of the sub-brokers of the renowned brokers and lost ₹17,000. Fortunately,
Is your trading app authentic? Have you ever been trapped and scammed by a clone trading app? If yes, then don’t waste time and take the right action at the right time. Here is the case of Sunil (name changed) who got scammed through a clone trading app. But his instincts first prevented him from
