I opened a trading a/c in Dec’2011, and was promised low brokerage. But to my shock, after 2 months I found that I was being charged standard high brokerage. Their reps trap you with tips promising high returns but u land up actually with heavy losses. Beware of Amit Chopra, Rishab Jain, Avinesh, Manoj Gupta. Also, they will chase you to allocate 15000/- advance payment towards brokerage to get low brokerage rates. Do not give advance brokerage. You will lose your money fast. Executives do not have any experience, and purely work on brokerage targets.
Do not care whether customer is making heavy losses. Now I have opened new a/c in Geojit BNP Paribas, and the experience has been very good so far.