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ICICI Securities

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Summary

ICICI Securities
rajiv k@rkss
Aug 27, 2005 03:18 PM, 6654 Views
(Updated Aug 27, 2005)
Icicidirect 'MARGIN PLUS' - designed to ROB

Icicidirect - MARGIN PLUS ---- product designed to CHEAT rather ROB user’s money!


Although this product is for speculators with ’inherent risk’ involved, There are the shortcomings on 2 fronts :-


A.       Margin Plus --- Product Features (... flaws...) itself { designed to Rob one’s


money}


B.       Icicidirect.com   ---     Pathetic Site Speed & Procedures { adds salt to wounds -


leading to further losses


A. MARGIN PLUS :


1.


Can’t trade for ’’30 minutes’’ when market opens -- lose the high / low price points


2.


Auto Square- off starts ’’45 minutes’’ before market closes    - Simply Captive User - have to see yourself ’slaughtered’ ( with occasional exceptions - if lucky enough)- after all its your margin money -- which can’t be utilised atleast till 10 minutes before market closing - keep apart speculative gain/loss )


3.


Can not place order /square off at a given price point --- one has to place ’market order’ ( a lottery given price movements) & have to square off thr’ ’’stop loss mechanism ’’ - designed by the site -- in three steps -- to slow down the process ( & leave you BLEEDING mercilessly in the market ! ) -- SIMPLY ROBBING MECHANISM !!


4.


Even if its market square off -- its not available on front ’’ view’’ page -- shouldn’t it be on there itself -- so that one gets out at one click ? -- BUT THEN HOW TO ROB!! -- HAS TO GO THR’ THREE PAGE STEPS !


5.


Leave aside live price quotes -- NOT entitled to have on same page - neither INDEX nor shares -- not even traded share’s prices -- TO SEE /ACCESS THEM -- well its another complex story/ process --- A SURESHOT DESIGN PROCESS TO ROB U !!


B. ICICIDIRECT.COM ----     A pathetic site........


1.


Add to all these multistep process --- THE LEGENDRY SUPER SLOW --- SITE SPEED -- ONE can imagine the agony of clients dealing in Margin plus in particular & other products --- CAN ONE SAVE ONES SHIRT !! -- NOWAY -- HAVE TO BLEED!


2.


ABOVE ALL -- this ’’super efficient site’’ is so security conscious ( or robbing ) that if one remains idle for few minutes & doesn’t clicks on main page or on site --- IT GOES OFF TO LOG IN PAGE -- to login again -- END UP IN LOGGING PROCESS AGAIN INSTEAD OF SQUARING OFF/ALTERING YOUR POSITION -- ---- -----& with THAT ’’ superslow speed’   ’’ A PERFECT RECIPE to CHEAT & ROB YOUR MONEY !!


3.


ADDING SALT TO WOUNDS --- there is no customer support / back office function -- yes one exists -- if one is lucky enough -- to get thr’ there telephonic commands/ steps


--- well in min. of 20 -30 minutes -- here u lucky investor connected to right person -- ??!! - well god bless u -- IN STOCK MARKET THESE FRACTION OF SECONDS.... SORRY .. HOURS ... AS PER ICICIDIRECT’S ... STANDARDS ....   YOU HAVE TO PAY THE PRICE ........


AFTER ALL ONE IS DEALING WITH BEST


’’GLAMOUROUS BRAND ’’ -- ’’ICICI’’   -- HUM (..WOH..!!) HAIN NA --- TO CHEAT & ROB!!!!

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