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Never open a Trading Account with them
Jun 05, 2012 11:11 AM 3732 Views
(Updated Apr 16, 2014 02:51 PM)

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I opened 2 accounts withf unicon, but suffered big harassment .




  • unicon sites go down taking a wroing buy or sell order.




  • sometimes these do not allow you to punch the price and then market order is triggered.






This problem will come once a week or once in 8-10 oredrs.


I suffered big losses due to this.


And so learnt a lesson to move out of unicon.


Moreover uncon which has split out of indiabulls, was thrown out because of these failures and wrong doings.


I complaint about unicon mishandling customer accounts to sebi, which must have made unicon state horrible, i offered to allow my accounts to be audited which would have given further hints on unicon miscalculations and frauds it does with customer trading accounts.


Ultimately, i saw some sorry calls my way thanks to mouthshut.com


Summary is: do not ever open any unicon products and do not deal with unicon.


Ram gupta(owner unicon) is a fraud.based out of noida


Ram gupta(owner unicon) mobile no” 09654624000, is an in-ethical and a wrong person & cheating swine on this planet. His primary purpose is to harass his customers; and cheat them in every sense.


Do not ever trust him for his words…he is a bloody cheater.


As he has not only cheated thousands of his customers but also harassed his employees by not giving them their salaries and eventually laying them off.


He is currently managing and owns unicon securities.do not ever trust his name.because he may close his business uncion securities and open a new company to fool next set fo custoemrs and cheat other partenrs in business.


I am following him since 2 months and he has not given me my money and my shares back and after getting frustrated from him, and after filing of complaints to SEBI and NSE against him, now I have lost trust in Indian system which do not protect customers like us, and hundreds of emails to sebi, nse, unicon and bse have not helped me…


Stay away from ram Gupta, he is a fraud. If you are having unicon account.please close it immediately and save your shares and money.


Attached is a photograph of ram gupta if you want to curse him so that he is punished by almighty for all his sins.


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