Dear readers,
first of all thank you for your reply. I am again going to write about my experience with india’s leading brokerage house so called ’’indiabulls’’. I think they should kept their name india’s fool.
As I had told you earlier I am a small investor in indian companies’ shares and it was my terrible mistake that I have choosen INDIABULLS as broker for my investment and I regret for that.
they have their pool account for all the clients so called HNI(high net worth) clients too so they have a track on all the accounts workings and their shares and holdings and they do not have any strong research base for their clients to advise any shares for buying and selling.Lets keep that part pending let me come to the point directly if some of their so called HNI client had shortselled any share and if the situation of auction accures they directly gives the delivery from the other client who has that share as a holding in their pool account and in the next day they purchase that shares from direct purchase from market now if suppose the person who has given their shares in pool account by putting trust in INDIABULLS and his holdings taken away for a day and on that very day if by ignorance of that game he sells that shares then think who will going to bare that loss?????
And let me talk you about its online product named ’’power indiabulls’’ believe me friends it is a totally disasterous or let me say ’’powerless indiabulls’’.
from 9:55am to almost 10:45am it execute orders but speed depends on your luck, many times it rejects your order by an error message that ’’server busy’’ and some times it takes a lot more time in cancelling or modifying order.It works like this even on broadband so what happen if one have dial-up??? now any active investor can imagine in trading software this kind of errors and problems can couse a big problem for trader.I have its online connection but now I think its time to change the broker.
I know that this a little bit technical language but the investors or trders who knows trading practices know that what I want to convey in this message.
I WANT TO REQUEST MY ALL INVEATOR FRIENDS THAT PLEASE TAKE MY THIS REVIEW IN CONSIDERATION FOR THEIR INVESTING PLANNING AND SELECTING A BROKER FOR INVESTING.
HAPPY INVESTING