Can they able to acquire my investment in angelone? Because in both I have given my adhar card as identity proof. Can sebi able to block my funds in other investments.? Stockyfly is good?

Ans: Ha ha – your ‘first clear the air’ words give away a lack of trust in my abilities to answer questions here! I assure you that Rediff team is a very capable one and they’ve done their due diligence before they brought me on this portal.

Nevertheless, to answer your question – I’ve been a RIA for the past nine years (since 30th April 2014) with my SEBI RIA Regn No INA 100001695. You would be able to see it on SEBI RIA page.

Ans: Investing with a firm that is not registered with the Securities and Exchange Board of India (SEBI) poses significant risks to your investment. SEBI registration ensures that investment firms comply with regulatory standards, investor protection measures, and transparency requirements, which are essential for safeguarding investors' interests.

Here are some considerations regarding investing with a firm not regd with SEBI:

SEBI Registration: SEBI registration is mandatory for any entity engaged in offering investment-related services, including portfolio management, advisory, and fund management. Lack of SEBI registration raises concerns about the legitimacy and regulatory compliance of the investment firm.

Investment Protection: Investing with unregistered firms exposes you to higher risks of fraud, mismanagement, and potential loss of capital. Without SEBI oversight, there may be limited recourse in case of investment disputes, fraudulent activities, or financial irregularities.

Due Diligence: Before investing with any investment firm, conduct thorough due diligence to verify their credentials, track record, regulatory status, and client reviews. Look for reputable firms with established track records, transparent operations, and regulatory compliance.

Legal Implications: Investing with unregistered investment firms may violate securities laws and regulations, potentially subjecting investors to legal and financial liabilities. Ensure that your investment decisions comply with applicable laws and regulations to avoid legal repercussions.

Professional Advice: Seek guidance from a certified financial advisor or investment professional who can assess the risks and benefits of investing with any unregistered firm. They can provide personalized recommendations based on your financial goals, risk tolerance, and investment preferences.

In conclusion, investing with an unregistered investment firm like carries inherent risks and may not provide adequate investor protection or regulatory oversight. Prioritize investing with SEBI-registered entities that adhere to regulatory standards and ensure transparency and accountability in their operations. Always exercise caution and conduct thorough due diligence before entrusting your funds to any investment firm.

Ans: ss Equitrade is a Scam, stay away. Angelone is good

Ans: Hello;

General Comments:

This tendency to get rich quickly(nothing wrong with it) is okay but in that quest people make terrible mistakes and realize their loss when it is almost too late.

Only appropriate way to get rich in a short time is to start your own business and scale it up fast. It needs smart hardwork and little bit of luck. We have many start-up founders in their early thirties already multi millionaires. Let's leave lottery, FNO, ancestral wealth etc , out of purview.

Specific Comments;

You must complain to the Police and SEBI/RBI urgently to recover your capital.

Do not fall for such gimmicks henceforth.

Best wishes;