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1. Devrath Roy   I Like It. |Report Abuse|  Link|September 24, 2016 12:19:18 PMReply
I would explain here all Good and worst things about Ventura Securities Ltd.

I opened an account with Ventura by giving Rs. 5000 as an advance brokerage against which they provided me Rs. 20 Flat per trade in F&O and in delivery 0.08% and in intraday it is 0.01%.

In brokerage they are quite good. However, in all other services, like relationship manager and customer care i would rate Ventura a big Zero.

First of all, i would say giving Rs. 5000 is a pure wastage because you could have better services with other brokers like prostocks and Zerodha. Ventura''''''''s services are the worst. I have used Sharekhan, Ventura and prostocks. I would rank prostocks number 1 and Ventura number 3 in terms of overall features.

To support my statement below is the past experience, Ventura took my documents from my home and opened my account after 20 days after many follow ups. They are experts in giving excuses to hide their faults. I thought i was an exceptional case but it was my biggest mistake. They convinced me by giving excuses, and I gave them 5 refferals. Ventura did same with all those 5 persons. All of their accounts took minimum 20-30 days to open where in current market account is opened within 15 minutes by many players.

Online trading software is same for Ventura and prostocks. Brokerage is same for both. AMC is nil for both, but minimum plan in Ventura is Rs. 5000 as advance brokerage which will be adjusted with brokerage of one year, ,where in Upstock there is no advance brokerage concept. They charge Rs. 1000 that is also refundable when you close the account. prostocks mentions it clearly. But Ventura sale personnel will say you that if you close the account we will refund you the balance brokerage from the advance brokerage you paid. They are making you fool. If you call their service center they will deny to refund that brokerage. They cheat you.

If can spend more than 5000 as brokerage in one year in that case Ventura might be beneficial for you.

Due to bad services of Ventura, my relation with all of references i provided them got impacted. I am also very much displeased with Ventura services. Now all refrences are fighting to close their account with Ventura and get their money back.

After this experience, for my real brother account opening i approched prostocks, they did all formalities and opened his account in a single day. I was impressed with their services. prostocks do not charge any advance brokerage, AMC and brokerage is also competitive to that of Ventura.

Upstock do not make any false promises. They follow fair trade practices while Ventura is a big cheater.

In Ventura i was cordinated with Mr. Prashant Anand under Branch Manager Firoz Khan of Ventura Securities, Kaushambi Branch.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor