Hello Traders..
Please be aware with the bucket broker..!!!!
Even RBI and government need to look forward into matter, the company called MRC Consultancy Private Limited aka MRC India dealing into Forex Market inspite of being band in INDIA.
Even the regulations they are saying that all are incorrect. Vivek Dave the own and director and Suken Dhami Mumbai incharge of MRC is a perfect bucket shop broker opened to scam and cheat clients.I had an account 1 year back.when i was loosing everything was fine.When I started winning things changed as with all bucket shop scam brokers,they increased the spreads sometimes upto to 30 pips.when I contacted them for a feedback the reply was interesting.”we dont have any problem with any particular styles of trading however we discourage scalping as this complicates the dealers work.Hence we urge you to change your style of trading and the spread will come back to normal” When I asked them to differentiate scalping and normal trading they gave another BS explanation.”There is no specific definition for scalping however a 150 pip profit on EUR/USD would not be called a scalping”. I just took out my money and ran.I urge all traders not to open an account with this broker even during the learning phase coz there are umpteen number of better brokers out there.
Please be aware and RBI and SEBI help in this matter.
this is completely untrue, mrc markets is completely different company from Indian entity, in their website its clearly mention there, they only providing Indian platform but there is different mrc whihc is providing global platform
i went to open account and they clearly told me that as a Indian resident i cannot open the account and if i open then it will be at my own risk, so they are completely transparent brokers
many peoples and trader not know that international trading is illegal RBI take in consideration give intimation through appropriate banking chain.
Respected Sir/Madam,
Its being really a disgrace situation where you people are not taking any action against the person who is scam Indian Economy by doing a Perfect Case of Anti-Money Laundering in India. The Company whose information i have mention they states that they are having office in Russia and we all know that Majority of the Mafia Activity is running in Russia only. I don't know what they are doing with the rupees they are collecting from Indian Citizen.
I would like to bring one notification in front of you regarding one the company who are dealing in Forex Market (Trading of Currency in Spot Market) with the name of MRC Consultancy Limited which is not allowed in India as per the regulation and instruction of Reserve Bank of India.
Moreover the same company has been registered has a Broker in National Stock Exchange and United Stock Exchange. As per the guidelines of SEBI, I was aware that no one is allowed to offer India Equities and Derivatives on the SEBI regulated platform like fast track or odein. But this company is offering a trading instrument in Meta Trader 4 Platform in real time trading market to individual.
I have certain proof regarding the same which you would be find in the attachment. This scam artist URL is http://www.mrcmarkets.com !!!
The Owner of the Brokerage Firm is Vivek Dave and the incharge of Indian Office is Suken Dhami, this people are fuckers and trying to steal money so kindly stop them and government please be aware about the scam running out in India.
Do the necessary step asap and also make me updated.
I hope that i will receive positive reply from your end.
Regards