Incorrect Capital requirement shown
Complain ID : JGJN046577 29
Stock Market Complaint
Complaint Date : July 17, 2020
- State : Maharashtra
- City : Mumbai
- Address: 503 B Wing Vikas Galaxy Badlapur
Capital and margin requirement shown by 5Paisa on own platform as well as on Sensibull platform was incorrect than what was actually required. i wanted to enter in a spread derivatives strategy for which both platform showed that the margin/capital requirement is around 4 lakhs, i entered the trade the first leg gone through and second leg did not go through when i called 5Paisa they said that the actual requirement for writing option is 10 lakhs and later our system will see that the position is a hedge position, it will refund the remaining 6 odd lakhs margin.
Why was this not mentioned while entering into trade, if this was mentioned I wouldn’t have entered as I did not have that much initial margin, I have lost more than 1,50,000 because of this misinformation. I want either 5Paisa or sensibull to refund the amount as both gave wrong information before entering into trade.
Why was this not mentioned while entering into trade, if this was mentioned I wouldn’t have entered as I did not have that much initial margin, I have lost more than 1,50,000 because of this misinformation. I want either 5Paisa or sensibull to refund the amount as both gave wrong information before entering into trade.
Related complaints
-
Incorrect Capital requirement shownRajan Bhandari / Stock Market Complaint / July 17, 2020 / Mumbai / MaharashtraCapital and margin requirement shown by 5Paisa on own platform as well as on Sensibull platform was incorrect than what was actually required. i wanted to enter in a spread derivatives strategy for which both platform showed that the margin/capital r... -
Loss of 2.75 lacJotiram Chavan / Stock Market Complaint / February 8, 2020 / Pune / MaharashtraFirst I paid 68k fee then he asked me to pay GST. I paid 30k of GST. same time shourya asked me to add two positions and told me we will recover GST amount from this positions.I booked 80k loss in those positions. When I informed Ashish about this th...
-
Money not refundGanesh Shinde / Stock Market Complaint / January 11, 2020 / Pune / MaharashtraMonny not be refund from your company employees Rahul Agarwal and Manish Malhotra hi is frod parson my money refunded to my account agar aap ne payment nahi Kiya to me SEBI me complete Karwa Dunga or AAP ki company band karwa Dunga a do employees ne ...
-
fake promise that 26000 rupees no stoplossyogesh pandey / Stock Market Complaint / December 14, 2019 / Kalyan-Dombivali / Maharashtrathey promised that 26000 they have ultra sure crude plan i will not gey any stoploss starting of 8 days i eearned arround 50000 rupees but from 22 nov to 6 dec 9 working day i got 8 stoploss i lost 80000 ruppes in 9 days i told them for FIR complaint...
-
Sheer Harassment and Cheap Talks and Account Opening Guy arrogant not talkablePrashant Bagul / Stock Market Complaint / November 15, 2019 / Mumbai / MaharashtraI was contacted by employee in this Sai Proficient Company at Indore. POOJA and Later in KABIR On 12 Oct 19, Firstly I told that I am not interested still they kept on calling me for 15 days, I told that there are not good reviews about your companie...
-
RMS serviceSandeep Singh Butola / Stock Market Complaint / October 21, 2019 / Mumbai / MaharashtraWanted to know that this company in name of Proficient global research is it genuine. They asking money as saying they will trade on my behalf. They told me they do RMs and Algo trading.
Service issue | Complaint | Query | Feedback | Suggestion | Reply