They came upto me offering good brokerage rates and waiver of account opening charges and Rs.400 as annual maintenance charges, later after opening the account, there were deductions of Rs.600, when inquired they say the charges have been increased about 1-2 months back. Was set aback bcoz of the wrong communication from the RM, but still hoping something good proceeded forwarded, the calls given by the ktk guys were good enough during the initial days, but later they were only looking at their daily commissions and never concerned if the customer is making a profit or not.
They started giving wrong calls and forced to invest lakhs of rupees in unwanted stocks and made a huge brokerage bills for themselves and left nothing for me. In the last 3 months, they gave me a loss of Rs.25000 and was shocked when I observed all this. To get a clarification, when I called the appointed ktk person for my account, he was dumb and return shouting at me saying it was my fault. All the tradings done in the account were his calls of buy/sell, except for 1 which was a loss of Rs.3000 from my end. The rest Rs.22000 was his and was ready to accept but always pointing at those mere Rs.3000 only.
As a friend/mentor would kindly suggest to never go for this broker, even if you feel that you have excess money with you and ready to take the risk, I would kindly suggest to donate those to the needy, it will atleast bring some peace to your mind instead of loosing the whole money to this goons and regret later for the whole life.