I, have been a R.K.Global member for 1 Years, and had been extremely happy with them, but recently I found out that they have been charging "SEBI charges" incorrectly, according to the sites I have visited sebi charges of 0.0002% apply only on turnover of future and option trades.
But, R.K.Global has being charging me and maybe their other users sebi charges on equity turnover, at-least since I joined them, when I found this out, I, emailed them to either, STOP collecting SEBI charges from equity turnover and refund those taken earlier, or email me a link or copy of valid proof that proves the viability of taking SEBI charges from equity turnover. To emphasize my point, I even told them that if they fail to do either I would have to launch a complaint with SEBI.
It, has been 3 working days since my first email, and 3 more working days since my second, that's a total of 6 working days and I haven't received S**T from them, no reply at all. Strange, considering that they used to reply within hours when I had any problems before. And, they still haven't stopped taking sebi charges on EQ turnover.
I, know that SEBI charges are very very low, and many of their users might never have thought about it, but still, it does cost something. I, would like to know from you people who have more trading experience or knowledge regarding these matters, was I right, are SEBI charges really charged only on derivative turnover and are they wrong in charging it on equity turnover ?, or have I been a idiot all along ?, LOL :rofl:
TL;DR : Are SEBI charges viable to be applied on equity turnover ?; should I launch a SEBI complaint against R.K.Global if they aren't ?
But, R.K.Global has being charging me and maybe their other users sebi charges on equity turnover, at-least since I joined them, when I found this out, I, emailed them to either, STOP collecting SEBI charges from equity turnover and refund those taken earlier, or email me a link or copy of valid proof that proves the viability of taking SEBI charges from equity turnover. To emphasize my point, I even told them that if they fail to do either I would have to launch a complaint with SEBI.
It, has been 3 working days since my first email, and 3 more working days since my second, that's a total of 6 working days and I haven't received S**T from them, no reply at all. Strange, considering that they used to reply within hours when I had any problems before. And, they still haven't stopped taking sebi charges on EQ turnover.
I, know that SEBI charges are very very low, and many of their users might never have thought about it, but still, it does cost something. I, would like to know from you people who have more trading experience or knowledge regarding these matters, was I right, are SEBI charges really charged only on derivative turnover and are they wrong in charging it on equity turnover ?, or have I been a idiot all along ?, LOL :rofl:
TL;DR : Are SEBI charges viable to be applied on equity turnover ?; should I launch a SEBI complaint against R.K.Global if they aren't ?