Dear sir,I am online trading from reliancemoney. I'm shocked to see while logging to
fasttrade.reliancemoney.com/ I got pop-up message stating that Rs.15
brokerage is in-effect from Jul 20 2009 irrespective of limitcard. I've already paid
2500 for 6 months of intraday trading, this Rs.15 per trade is GROSS VOILATION. mean
every transaction we have to pay 15 rs extra with limit card charges also. Ok. fine
if you have this system then you should inform us before??? Why they did not inform
me, as i already loss more than 25000 in three days only as a brokerage only.Few
things here which are completely unethical and unfair.1. This message started
appearing since July 23rd noon and was completely absent starting from July 20th
2009.2. This should be done with at-least a month of notice vai regular surface mail
and thru fasttrade.reliancemoney.com/ and acceptance should be taken from
customer, which was not done.3. Since, this is a major change in brokerage contract
agreed earlier, it is completely ABRUPT unethical and unfair by RELIANCEMONEY.COM to
just notify customer 3 days after these charges are in-effect furthermore I've been
doing intraday trade for last 1 years and was never told about this ABRUPT changes
and charges on my trades which are around 150 - 500 per day, therefore costing me
over 3000-7000 RS loss per day as a result.I strongly believe that above abrupt
charges since July 20th are waived off for my account immediately thereby amicably
resolving this arbitrage without having to report this unethical practice to higher
authorities. I request please do some proper action against them to solve my
problem.thanx & regards.SAMEER KHAN

sir,I have a demat account in reliancemoney ,some my shares were sold my
the company on its own, i have all the evidence to prove it. And
i have contacted reliancemoney office and they are not giving any response.