The “online Gurujis” popping up everywhere are starting to look a little too suspicious, don’t you think?
Thinking of trusting DelhiWaleGuruji? Planning to join his Dubai classes or even buy that ₹2.5 lakh trading robot he keeps promoting?
Hold on! Take a pause.
Because the National Stock Exchange has already issued an official warning against him.
And guess what? His own Telegram bio openly says, “I am not SEBI Registered.”
Sounds alarming, right?
Let’s break down what that really means before you even think of taking the next step.
Who Is DelhiWaleGuruji?
If you’ve been browsing trading pages lately, you’ve probably seen his name popping up all over the place. But who is he, really?
According to his own bio, he describes himself as a forex and Indian market technical analyst with “16 years of immense research and expertise.”
Sounds impressive, but here’s the part most people gloss over: he also states that he’s not SEBI-registered.
And honestly, that one line changes the whole picture, doesn’t it?
He goes by a few different names online:
- His actual name: Manish Bhardwaj
- His YouTube persona: DelhiWaleGuruji
- His shorthand brand: DWG
- His platform: DWG Algo
You’ll find him on pretty much every major social platform:
- Instagram: @dwgalgo (155k+ followers)
- Telegram: @mcxliveresearch_official (71k+ subscribers)
- YouTube: DWGAlgo
There are also mentions linking him with MCX Live Research, and both names have appeared in an official NSE cautionary notice.
So here’s the real question people are asking:
With such a massive online presence, but no SEBI registration, how much trust should you place in what he’s offering?
Delhi Wale Guruji Trading
Let’s examine his actual products and services. Based on his channels and third-party resellers.
1. DWG Algo
His flagship product appears across multiple platforms with drastically varying prices.
Original Claim: ₹2,50,000 for “Portfolio Robot”
Discounted Prices:
- Third-party course sites: ₹3,199 (claiming 95%+ discount)
- Intraday bot: ₹45,000
- Testing fees: $500 (approximately ₹41,500)
- Advance payment: $2,500 (approximately ₹2,08,000)
According to one course reseller description: “DWG algo (DELHI WALE GURUJI) Forex + Indian market 3:30 updated course + Robot By Manish Bhardwaj. Original price ₹250,000. Current price ₹3,199.”
The dramatic price reduction? Classic pressure tactic. Create fake urgency.
2. Delhi Wale Guruji Course
Multiple sources confirm he conducts expensive offline classes in Dubai.
Why travel to Dubai for trading education? Legitimate SEBI-registered advisors operate transparently from India.
3. DWG Algo Telegram Channel
His Telegram channel (@mcxliveresearch_official) regularly posts trading signals and profit claims.
Typical Messages Include:
- ₹2 lakh in 1 day with a guarantee
- Forex trading promotions
- Robot automation promises
- Auto-trade subscription offers
All without SEBI registration. All against regulatory guidelines.
4. DWG YouTube Content Strategy
Delhi Wale Guruji’s YouTube channel features attention-grabbing content.
Video Themes:
- Claims of daily lakhs in earnings
- Luxury lifestyle displays
- Trading success stories
These videos create FOMO (Fear of Missing Out). They funnel viewers to paid Telegram channels and expensive courses.
Should You Join Delhi Wale Guruji Trading Course?
Let’s examine concrete warning signs from his own operations.
1. Admits No SEBI Registration
His bio openly states: “I am not SEBI Registered.”
Yet he provides trading signals and sells investment robots. This is illegal under Indian securities law. No ambiguity.
His Clever Defense Line:
“I am not into trading & investment. I only teach technical analysis.”
But if you’re giving exact buying/selling levels and guaranteeing returns.
Isn’t that investment advice?
You already know the answer.
2. Pool Trading Collapse
Remember the “pool trading” scheme? The one where users allegedly watched their accounts drop to zero.
Instead of an explanation or a refund? Silence.
Then, like magic, he pivots to selling new robots.
Suspicious coincidence? Or a planned pattern?
What This Reveals: The Previous investment scheme failed. Users lost everything. Zero accountability provided. He simply moved to selling new robots.
3. Illegal Forex Promotion
His Telegram actively promotes forex trading. One post claims: he will make them win 2 lakhs in one day.
However, forex trading in India is heavily restricted. Only INR-based currency pairs through SEBI-registered brokers are legal.
Promoting offshore forex platforms violates FEMA regulations.
4. Discourages Independent Trading
He often says things like: Don’t trade on your own.
Why?
Because if you learn to trade independently, you won’t need robots, subscriptions or paid signals.
Why This Matters: Dependent traders keep paying subscription fees. Independent traders don’t need expensive robots. His business model requires your dependency.
5. Attacks Critics, Avoids Verification
According to social media observations, Manish Bhardwaj creates content attacking critics. Yet he never:
- Demonstrates live trading
- Provides verified trading statements
- Shows independently audited results
- Attempts SEBI registration despite 16 years of claimed expertise
If his system works, why avoid transparent verification?
6. Deleting and avoiding Instagram Comments
A legitimate trader wants an open conversation.
But on his Instagram?
Negative comments vanish.
Questions disappear.
Criticism gets blocked.
Every post on his Instagram page follows the same pattern.
Suspicious? Definitely.
Critic appears- Comment disappears – New “counter-content” uploaded
DelhiWaleGuruji Complaints
Real experiences from verified Indian users reveal concerning patterns.
A. Accounts Wiped to Zero
Multiple users report complete account losses. WhatsApp conversations show:
What This Reveals: Users lose everything. Instead of accountability, they get questioned for investing. Then get blocked when asking difficult questions.
B. No Trading Success Despite High Fees
According to social media reviews, students who paid for courses report negative results.
The “16 years of expertise” doesn’t translate into profitable student outcomes. Only profitable course sales for Manish Bhardwaj.
C. Unnecessary Advance Payments
Telegram messages show demands for $2,500 advance payment before any service.
One message states: “Koi bhi plan lo. 2500$ advance pay karo. Or form bhar do.”
Translation: Take any plan. Pay $2,500 advance. Fill the form.
That’s ₹2,08,000 upfront. For what? Testing a robot you haven’t verified? No legitimate service demands such payments before delivery.
NSE Press Release Delhi Wale Guruji
Before you trust any “Guruji” claiming guaranteed profits, here’s something you absolutely need to see.
The National Stock Exchange itself has issued a warning about DWG, and no, this isn’t a rumour or Telegram gossip. This is official.
As you read these points, ask yourself. Would a legitimate market expert tick all these boxes?
Legal Violations Identified:
- No SEBI Registration – Not registered as a member or authorised person of any NSE member
- Illegal Guaranteed Returns – Offering assured returns (prohibited by SEBI regulations)
- Unauthorised Stock Tips – Providing securities market advice without proper licensing
- Operating Without Authorisation – No proper regulatory approval
The warning explicitly states: “The investors are cautioned and advised not to subscribe to any such scheme/product offered by any person/entities offering indicative/assured/guaranteed returns in the stock market as the same is prohibited by law.”
Pretty direct, isn’t it?
How to File a Complaint Against DelhiWaleGuruji?
Already paid for his courses? Bought his robot? Facing losses?
Paid for his Dubai classes? Bought his expensive robots? Watching your account hit zero?
Here’s how to take action.
You’re not alone. Hundreds of Indian traders have faced similar losses.
Here’s how we can help you step-by-step:
- Understand Your Case Clearly
We review your situation in detail, what happened, who was involved, what transactions were made, and how the scam unfolded.
This helps determine the strongest possible course of action.
- Help You Gather and Organise Evidence
Scam cases often fail because victims don’t know what proof matters.
We guide you on what to collect, including:
- Chat screenshots
- Payment receipts
- Call logs
- Channel handles, links, and digital trails
- Transaction IDs
- Any promises or claims that were made
All of this becomes important when filing official complaints.
- Support in Filing Complaints With the Right Authorities
Many victims don’t know where to report or end up filing incomplete complaints.
We help you submit reports to the correct bodies, such as file a cyber crime complaint, financial regulators, or consumer forums, depending on the nature of the fraud.
Conclusion
Manish Bhardwaj DWG, also known as Delhi Wale Guruji, operates multiple trading education businesses. DWG Algo, MCX Live Research, and various Telegram channels targeting Indian investors.
According to NSE’s official warning dated August 1, 2024, he provides securities market tips and guaranteed returns without SEBI registration. These activities violate Indian securities law.
His 16 years of claimed expertise don’t translate into SEBI registration. His pool trading scheme collapsed. Users lost everything. He blocks people who ask difficult questions.
Stay away from unregistered entities. Only deal with SEBI-approved financial advisors whose credentials you can independently verify.
