What will happen if any online stock broker acts like Nirav Modi? i.e. left the country with all our money
Not just stock broker, any business that you are dealing from banks to real estate to jewelers to retailers can do this. Hence it is extremely important whom you deal with.
Also do check my below answer
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Shouldn’t the question be titled as “What will happen if any online stock broker acts like PNB giving out money with necessary due- dilligence?”
There are always Nirav Modis around us looking for opportunities to exploit.
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who cares… when you have back up… always keep 2- 3 backup
Omggggg what a question !! Where to do business then !!! 
. Keep track of all trades - volumes - charges - settlement figure - holdings - keep risk low - trade wisely . NOW WE CAN TRADE .