JRG Securities cheated me. They asked me to open account with 25k and they said they will be doing trading in Currency.
Maximum loss which will happen in month will not increase more than 2k and profit will vary from 2-5k. So I opened the account with 25k.
I never received the call from their Relationship manager for whatever transaction they did. And after one month their Relationship manager called up and said that amount has came down to 15k. I was shocked by this behavior of them. And that Relationship manager ask me to wait for one more month and he will make it 25 k again. He took the responsibility on him. Even he said that if he is not able to make it 25k by trading then he will pay by his pocket.
Now when I called after one more month, JRG securities representative told that my Relationship manager is on leave of marriage and will return in 15 days. And this went till one more month. After that JRG securities representative told that my Relationship manager has resigned. So now JRG cannot do anything about my loss.