This is my experience with ELITE WEALTH (Mayur Vihar, Delhi). I have opened a trading account with them, when their executive contacted me some times back, as I am not an active trader I do not regularly loginto my account, but one day I got an sms that some trade has been done with my account, and when I called their support team they first tried to take it casually, but when I insisted and spoke to and shooted few emails to their compliance officer they agreed to this, then I simply asked then to e-mail me a written apology for the same, for which they kept delaying until I said that I will approach SEBI or other tribunal with this matter, its then they send me an written apology for the same.
Well at end what I learned is my money is for free play in hands of ELITE employees and since then I have not used my trading account, and son I a going to close it.
I couldn’t figure out after all whom one could trust to enter into stock market.