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Angel Broking - False commitments, Loss 1.24+ lac
Jun 22, 2019 04:22 PM 26663 Views

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I did a big mistake to open an account with Angel broking at their Sector 18 branch, Noida on their false commitment. If anybody thinking investing in share market and want to open a demat account, never trust on Angel Broking. They have no experience and gives your false commitments. They give you recommendation on shares on their website in your login portal and when they see that particular share is in loss they quickly remove that share from their "Recommendation" option in their portal and later it looks like they have never recommended that share to anyone. I've got a loss of 1.24lacs+ by believing these people. They and their managers in local branches are not trust worthy.

One of the another biggest drawback is, They don't have app/software for Macbook and iPhone devices.

I found their another business is "Commission" from other insurance companies and other funding managers. They usually sell you the insurance policy of another company to get the commission from them and so that they can survive in the market and give you the fake promises that if you buy the policy from them, they will give you good profit shares recommendation. which never happened.

They have shared/sold my contact details with other funding agents/companies and these most of the people are from Indore, Madha Pradesh. I usually get 3-4 calls daily from them for investment on their cheap thoughts. I have already blocked more than 500 number on my phone. But still getting calls from different nos.

So thinking to invest in share market, Do Not Think Angel Broking, at least.

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