QUOTE]
soft, if we both get into a discussion on who is right and not, we will waste time here..
You are talking about their monthly plans and I am not talking about. Do you know any ISP who charges you Rs 2lks for lifetime validity?? If someone started charging, you think they can collect that just like that without any prior regulatory approvals??
Even for mobile, we have number portability so that we are not stuck to one provider because we have a number.. Imagine paying that kind of money, you are basically stuck for ever..
This is what achieevers quoted: Dear Bharat ,
Thanks to you that you have brought up this point. Me or my colleagues from the compliance department are generally present in almost all these meets conducted by the exchanges. We are completely aware of what the exchanges are NOT ALLOWING to practice.
So it is not me saying, they are saying that exchanges don't allow charging a certain kind of fees, which is upfront brokerage and I am not talking 500 bucks monthly or someone charging 2000 monthly, which makes no difference to anyone.. But paying a lakh rupees etc, it is basically milking the cow, especially when the regulators have advised not to..
Let them come back and say that they have prior exchange approvals to run this marketing campaign and I will rest my case, if they don't then you know... Why exchange approvals, unlike an ISP, your hard earned money is sitting with your broker and you don't want to be with someone who is going against the rules, a broker breaking rules is not good for business and for all of you who think your money is safe with the broker whatever kinds he is, your are in a delusionary world.. Be it a big reputed broker or a small guy who is just starting off, you will know when the business is trying to cut corners to make money, stay away from them..
I rest my case soft, it is every man for himself, but will be very interested to know what achieevers have to say about this...
soft, if we both get into a discussion on who is right and not, we will waste time here..
You are talking about their monthly plans and I am not talking about. Do you know any ISP who charges you Rs 2lks for lifetime validity?? If someone started charging, you think they can collect that just like that without any prior regulatory approvals??
Even for mobile, we have number portability so that we are not stuck to one provider because we have a number.. Imagine paying that kind of money, you are basically stuck for ever..
This is what achieevers quoted: Dear Bharat ,
Thanks to you that you have brought up this point. Me or my colleagues from the compliance department are generally present in almost all these meets conducted by the exchanges. We are completely aware of what the exchanges are NOT ALLOWING to practice.
So it is not me saying, they are saying that exchanges don't allow charging a certain kind of fees, which is upfront brokerage and I am not talking 500 bucks monthly or someone charging 2000 monthly, which makes no difference to anyone.. But paying a lakh rupees etc, it is basically milking the cow, especially when the regulators have advised not to..
Let them come back and say that they have prior exchange approvals to run this marketing campaign and I will rest my case, if they don't then you know... Why exchange approvals, unlike an ISP, your hard earned money is sitting with your broker and you don't want to be with someone who is going against the rules, a broker breaking rules is not good for business and for all of you who think your money is safe with the broker whatever kinds he is, your are in a delusionary world.. Be it a big reputed broker or a small guy who is just starting off, you will know when the business is trying to cut corners to make money, stay away from them..
I rest my case soft, it is every man for himself, but will be very interested to know what achieevers have to say about this...
No one is going to subscribe more than 3 months.
550 rs per month, 3 months -1650 which is the lowest in the industry.
i donot know why you are wasting your time.
If you think 550 rs per month is too high, go to sharekhan or icici and trade with them for 1 month and feel(enjoy) the difference.
