The moment you realize that a stock recommendation has cost you a significant loss, one question immediately comes to mind: “Can anything be done now?”
If you are searching for “how to complaint against Research Mart,” chances are you are looking for answers after facing an issue that has left you disappointed, confused, or financially affected.
Whether it is unanswered calls, concerns about the service, or losses linked to recommendations, knowing where to complain is often the first step toward taking control of the situation.
This guide will walk you through the complete complaint process and help you understand when it is time to escalate your concerns through the proper channels.
How to Complaint Against Research Mart Online?
If you have faced a problem with Research Mart, acting quickly can make a big difference.
If you are wondering, is Research Mart SEBI registered? Yes, they are a registered research analyst, which means there is a proper and structured way to file a complete complaint against the entity.
You do not need to guess the process. You just need to follow the right steps in order.
The steps are:
Step 1: Collect All Evidence
Before filing any complaint, gather every document and communication related to your issue. This may include:
- Payment receipts
- Bank transaction details
- WhatsApp chats
- Telegram messages
- Emails
- Screenshots of recommendations
- Service agreements
- Promotional promises made during sales calls
Strong evidence makes it easier to explain your case and support your claims.
Step 2: Draft a Detailed Complaint
Before approaching any authority, prepare a clear written complaint. Your complaint should include:
- Your name and contact details
- Date of payment
- Description of the issue
- Amount involved
- Evidence supporting your claim
- Resolution you are seeking
A properly drafted complaint helps avoid confusion and speeds up the process.
Step 3: Register a Complaint with Research Mart
The first official step is to contact Research Mart directly and provide them with an opportunity to resolve the issue. Explain your concern clearly and keep records of:
- Complaint emails
- Support tickets
- Responses received
- Complaint reference numbers
Many disputes are resolved at this stage.
Step 4: File a Complaint Through SEBI SCORES
If the issue remains unresolved, the next step is filing a complaint through the SEBI SCORES platform.
SCORES is SEBI’s official grievance redressal system that allows investors to raise complaints against registered market intermediaries.
Make sure to upload all supporting documents and provide complete details while submitting the complaint.
Step 5: Proceed to SMART ODR
If the matter is still not resolved, investors can move to the SMART ODR platform.
Online Dispute Resolution provides a structured process where disputes can be discussed and mediated digitally.
This step often helps both parties reach a settlement without lengthy proceedings.
Step 6: Stock Market Arbitration
When all previous steps fail, arbitration becomes the next available remedy. Arbitration allows an independent authority to examine the dispute and provide a decision based on the evidence submitted by both sides.
This is generally considered the final stage of the formal complaint process.
Each step matters because it shows that you tried to resolve the matter in the correct order. That also makes your case look more organized and credible.
If you act quickly and document everything, you reduce the chance of losing important proof.
When Should You File a Complaint Against Research Mart?
Many investors are unsure whether their issue is serious enough to justify filing a complaint. After all, market losses are a part of investing.
But what if the problem is not just a losing trade?
If you feel that something was misleading, unfair, or left unresolved despite repeated follow ups, it may be time to take action.
Here are some common red flags that should not be ignored:
1. Have You Experienced Fake Trade Calls Leading to Losses?
Some investors have raised concerns that the recommendations they received did not match the expectations created during the sales process. Many victims fall for high risk trading calls by advisors who promise unrealistic returns.
If you believe misleading trade calls contributed to your losses, consider documenting the issue.

2. Were You Asked for Personal Details During the Sales Process?
Many users have reported being asked for details such as Aadhaar number, PAN number, or other personal information.
If such requests seem unnecessary or make you uncomfortable, it is worth investigating further.
3. Did Communication Stop After Payment?
A common complaint among investors is that communication becomes difficult after subscribing to a service. If calls, messages, or emails are consistently ignored, it could be a warning sign.
A quick look at various Research Mart reviews reveals a pattern: many customers claim the company only contacts them for money. Some users even allege that the positive reviews online are posted by employees rather than genuine clients.

User also said that they do everything to lure you in beginning, but when you trust them, their behaviour totally changes. This is not what you are paying for.
4. Were You Contacted Through Unofficial Sources?
Research Mart has warned investors about fraudsters using WhatsApp, Telegram, Instagram, and other platforms to collect money in personal accounts. This leaves many wondering: is WhatsApp stock tips from a SEBI registered RA legal?
While a registered analyst can use broadcast channels for communication, SEBI has strict rules against executing trades or collecting unapproved fees over personal chat apps. If someone contacted you through unofficial channels, stay alert.

5. Do You Feel SEBI Research Analyst Rules Were Violated?
SEBI registered research analysts are expected to follow clear compliance and grievance rules, including proper service, transparent communication, and a complaint redressal process.
If you believe these standards were not followed, do not ignore your concerns.
If you have faced any of the issues above, it may be the right time to register a complaint and protect your interests.
Need Help?
Facing a dispute with a research analyst can feel overwhelming, especially when money is involved and responses are not coming.
If you have faced any issue with Research Mart, you do not have to deal with it alone. All you need to do is register your complaint with us, and we will show you what recovery looks like.
Fill out the form to reach out to us and we will get back to you within the next 24 hours.
Conclusion
A complaint is not only about getting attention. It is about creating a formal record of what went wrong and making sure the issue is handled through the proper channel.
When you follow the right process, your case becomes stronger and more credible. Collecting evidence, sending a written complaint, and escalating it in the correct order can make a real difference.
If you wait too long, important chats, receipts, and account details may be lost. That is why early action is always better than silent frustration.
For any investor who has faced losses, service gaps, or suspicious behavior, complaint filing is a protective step, not an aggressive one. It helps you stand up for your rights and keep the issue on record.
You are not just complaining. You are building a clear case, protecting your capital, and making sure your voice is heard through the right system.
Frequently Asked Questions
1. Can I complain to SEBI against Research Mart?
Yes, you can. If you have already raised your concern with Research Mart and the issue remains unresolved, you can escalate the matter through SEBI’s SCORES platform.
It is the official grievance redressal system designed to help investors report their concerns and seek a resolution.
2. What documents are required to file a complaint against Research Mart?
The stronger your evidence, the stronger your complaint. Keep payment receipts, bank transaction records, emails, WhatsApp chats, screenshots, service agreements, and promotional messages safely stored.
These documents help establish what was promised, what happened, and the nature of your grievance.
3. Can I recover my losses after filing a complaint?
It depends on the facts of your case and the evidence available.
While filing a complaint does not guarantee recovery, it creates an official record of your grievance and may help you access dispute resolution mechanisms available to investors.
4. How long does the complaint process take?
There is no fixed timeline because every complaint is different.
Some issues may be resolved within a few weeks, while others can take longer if they move to mediation, online dispute resolution, or arbitration. Keeping complete records can help avoid unnecessary delays.






