Kayıt Tarihi: 13-Kasım-2019
Angel Broking Charged Unjustified Trading Commissions
|Gönderen: 04-Temmuz-2020 Saat 14:39 | Kayıtlı IP
Investors may be quite immune to lame marketing scripts
such as¡°Invest US$300 and get US$3,000 of returns in 24
hours¡±. But when the scam broker claims to offer high
returns for low brokerage rates, investors may not
realize its a trap.To get more news about
kiFX, you can visit wikifx news official website.
Recently, an Indian investor complained against the
broker Angel Broking for unjustified deduction from his
trading account, hoping to bring the broker to justice.
The complainant told WikiFX that he was attracted to
Angel Broking for its so-called zero cost brokerage.
Angel Brokings advertisement on moneycontrol, an
established Indian financial media
But not long after he made his deposits, investor
received several confirmation text messages of account
deduction generated by the broker, each time for 800
Through observation, the investor found that every
transaction from his trading account will generate an
automatic deduction of account balance which goes to the
broker. He complained that Angel Broking¡®s
advertisements about ¡°zero commission¡± is an outright
lie as they make unreasonable deduction of investor¡¯s
account and exploit investors trust.
¡¡¡¡We may conclude that Angel Broking is an illegal
broker which tries to lure investors to its trap with the
bait of so-called ¡°zero commission¡±. Per checking
WikiFX App, Angel Broking is rated at only 1.20 and is
currently unregulated, so please stay away!
In India¡®s forex market, there are still many brokers
like Angel Broking that try to scam investors by claiming
to charge attractively low commissions. Major discount
brokers in India like upstox and Zerodha are also being
heavily complained recently for withdrawal failure,
trading server lag and causing unjustified losses. Indian
investors should definitely be more aware, as many
investors choose a broker solely base on its commission,
yet seldom pay attention to the broker¡¯s compliance.
Even some brokers on the regulatory list of SEBI are not
necessarily reliable and worth-choosing. Stay tuned as
WikiFX continues to present you latest exposures of
Indian forex brokers.
¡¡¡¡So far, WikiFX App has included profiles of over
18,000 forex brokers around the world, while integrating
broker information query, exposure, news feed and other
functions, offering investors 24/7 services.