Dos and Don'ts while trading and investing

SEBI and exchanges are continuously working towards facilitating investor awareness and bringing transparency to investing. As a trusted investment services company, Geojit has always been at the forefront of creating investor awareness.

We would like to inform you that it has come to the notice of the Exchanges that unsolicited messages are being sent to investors from unregistered or unauthorized entities, via social media platforms like WhatsApp, Telegram and other apps, encouraging them to deal in stocks and F&O contracts. Keeping your best interests as our top priority, here a few important points you need to keep in mind before and while trading and investing.

Dos

• Maintain the secrecy of your login credentials (username & password) for internet trading/MyGeojit since you are responsible for all your transactions. Password should be unique and shall be changed periodically to ensure security.
• While placing orders through our branch office phone, ensure to provide clear and unambiguous instructions. In case you visit our branch office, please give your orders in writing via order slips.
• Report immediately if you do not receive Contract Notes within 24 hours.
• Keep a regular check of your Trading and Depository account balance/holdings. In case of any discrepancies, please e-mail
  
• Review weekly statements from Exchanges and Depositories about funds and securities balance. Compare these with the weekly account statement sent by us. In case of any discrepancies, please report to the Exchange immediately.
• Understand risk factors thoroughly before starting trades in Futures & Options, Margin Trading, Currency and Commodity segments.

Don'ts

• Do not believe in baseless and false assurances of guaranteed returns. There is no assurance of guaranteed or fixed periodic returns from the Capital Market. Brokers or their authorized persons or any of their associates are not authorized to offer such assurance and promises.
• Our employees, authorized persons, or any of their associates are not permitted to do trading transactions on behalf of you. Do not give blanket permission to our dealers /officials under any circumstances.
• Do not sign and deliver blank Delivery Instruction Slips (DIS) for Depository transactions to any Depository Participant or Broker.
• Do not give any cash for settlement of trading activities/ obligations.
• Do not issue cheques in the name of an Authorized Person or Employees or an associate of the Broker.
• Do not share your Internet Trading / My Geojit login id passwords, trading strategies or positions with others including Brokers or their authorized persons or any of their associates under any circumstances.

Be cautious while dealing with unsolicited market practices, sharing Trading Account credentials and dealing in options derivatives

• Refrain from trading in leveraged products like options without proper understanding, as it could lead to losses.
• Writing/selling options or trading in option strategies based on tips, without basic knowledge and understanding of the product, is highly risky and can lead to huge losses. Analyse risk-return before making any investment decision.
• Refrain from trading/investing based on unsolicited tips through WhatsApp, Telegram, YouTube, Facebook, SMS, calls, etc.
• Refrain from trading in options based on recommendations from unauthorized/unregistered investment advisors.