Thinking about joining a DWG Algo Telegram channel that promises ₹2 lakh every day? Or convinced a trading robot that costs ₹2.5 lakh will magically change your life?
Hold up. That price tag should make you pause.
Seriously.
Before you click Join, read this full investigation. We’ll walk you through the red flags, the math, and the questions you must ask.
DWG Telegram Channel in India
DWG Algo operates as a trading education platform through a Telegram channel. Run by Manish Bhardwaj, also known as Delhi Wale Guruji Trading.
The main channel attracts Indian traders with bold profit promises.
According to their Telegram bio, they claim “16 years of immense research and expertise.”
However, one critical disclaimer appears repeatedly. “I am not SEBI Registered.”
Primary Telegram Channels:
- Channel Name: DWG ALGO
- Handle: @mcxliveresearch_official
- Subscribers:3K+ (as visible in channel screenshots)
The channel posts regular updates about trading signals.
Moreover, they aggressively promote expensive robots and courses. All without regulatory approval.
Notice the contradiction?
Claims 16 years of expertise but openly admits no SEBI registration. That’s your first red flag.
Their Telegram channel is packed with jaw-dropping promises, the kind that make you stop scrolling and think, “Wait. Is this for real?”
Let’s break down the actual messages they’re posting.
1. Daily Profit Claims
According to multiple Telegram posts visible in their channel:
- ₹2 lakh in 1 day with a guarantee
- “Fully autotrade in your ac” (Complete automation promises)
These types of promises are illegal in India.
2. Auto Trade Subscription: “Auto trade/point subscription subscription Koi bhi plan lo 2500$ advance pay karo Or form bhar do Autotrade subscription chahiye to pay karke email karo”
Sounds like a massive red flag, doesn’t it?
Let’s dig deeper into what’s really going on behind these flashy claims.
Should You Join DWG Algo Telegram Channel?
Let’s examine concrete evidence from their own channels.
These aren’t assumptions. These are actual screenshots from their Telegram.
1. No SEBI Registration
Their Telegram bio openly admits: “I am not SEBI Registered.”
In India, providing investment advice without SEBI registration violates securities law. Period. Yet, they continue operating multiple channels with 71,300+ subscribers.
2. Illegal Forex Trading Promotion
If you scroll through Telegram, you might have noticed messages claiming you can make huge money in forex trading, one even promises ₹2 lakh in a single day.
Sounds tempting, right?
But here’s the catch: trading forex through offshore platforms is illegal in India.
These platforms often operate outside the purview of Indian regulators, which means there’s no safety net for your money.
If something goes wrong, like fraud, hacking, or sudden platform shutdowns, you could lose everything with no legal recourse.
Promoting these platforms is also a violation of Indian law.
The person behind such messages, Manish Bhardwaj, is not just making risky promises; they’re encouraging you to break regulations, which can have serious consequences for both the promoters and participants.
3. Pool Trading Collapse – Shocking Evidence
As per the screenshots added above, it is claimed that “Pool trading finished” completely.
Those whose funds are gone should manage themselves. Account is zero.
What does this reveal?
Previous schemes failed spectacularly. Investors’ money vanished. Account balances hit zero. Yet, they immediately pivot to selling another robot. No accountability provided.
4. Aggressive Discouragement of Independent Trading
One Telegram message from the group advises: “Don’t trade yourself. If you want to take risks, do it through robot trading.”
What Does This Reveal?
This strategy actively discourages independent learning and self-reliance.
Why?
Dependent traders are more likely to keep paying subscription fees for trading robots or automated signals.
Independent traders, who understand the market and can trade on their own, don’t need these expensive services.
In other words, the system is designed to profit from traders who stay dependent rather than empowered.
Delhi Wale Guruji Complaints
Let’s categorise real complaints from verified Indian users. These reviews expose critical problems.
Problem 1: Accounts Wiped Out Completely
The most shocking evidence comes from actual user chats with “Guruji.”
User Chat Evidence:
The most alarming evidence comes directly from user chats with “Guruji.”
A WhatsApp conversation shared by a user shows repeated messages asking for account withdrawal alerts and reporting issues with funds.
Despite following instructions and even adding more money, the user’s account shows a zero balance.
Eventually, when questions are raised, the user is blocked by the contact.
What This Reveals:
- Users report their accounts being wiped out completely.
- Many continue adding funds, hoping for recovery, but the situation worsens.
- The system is designed to prevent accountability, as users are blocked when they seek answers.
This pattern highlights a classic predatory setup: keep users dependent, keep adding funds, and cut off communication when they demand transparency.
Problem 2: Massive Losses Despite High Fees
Indian traders report substantial losses even after paying expensive course fees. The promise of guaranteed profits never materialises.
Students who paid for courses report accounts hitting zero. The technical analysis taught doesn’t translate into profitable trades.
Problem 3: Scripted Scam Messages
According to user complaints outside Telegram, they receive automated promises:
“100% profit,” “$100,000 monthly,” “$5,000 in your first month,” plus 10% monthly commission to the operator.
What This Reveals: Classic affiliate commission scam structure. Not genuine trading education. Just aggressive sales tactics targeting desperate traders.
NSE Official Warning Against DWG Algo
Now the person behind this telegram channel has not only received negative feedback from his users but NSE warning too.
Yes, official NSE warning.
The National Stock Exchange actually issued a formal press release, and what they uncovered is serious
Key Violations Identified:
- Not SEBI Registered – The said person/entity is not registered either as a member or authorised person
- Illegal Activities – Providing guaranteed returns (prohibited by law)
- Unauthorised Operations – Giving stock market tips without proper licensing
And here’s the part most people overlook:
No registration is equal to No investor protection. No safety net. No grievance redressal.
If anything goes wrong, there’s literally nowhere for you to complain.
Scary thought, isn’t it?
It is therefore important for you to stay away from such groups, fake promises, and dreams of earning huge returns.
How to Report DWG Algo Telegram Channel?
Already joined? Paid for robots? Facing withdrawal issues? Here’s how to file complaints with evidence.
Have you already paid through DWG Algo’s Telegram channel?
Sent $2500 advance? Bought their robot?
Facing withdrawal issues or watching your account hit zero?
Register with us to file your complaint. We assist victims of Telegram trading scams through the legal complaint process.
Many victims hesitate because they feel embarrassed. Remember: These sophisticated scams fool even experienced traders.
The screenshots show multiple users facing identical problems.
Take action today. Document everything. Report immediately. Seek professional help.
Conclusion
Think you’ve found the holy grail of trading on Telegram? Think again.
DWG Algo presents itself as a revolutionary trading system through its Telegram channel with 71,300+ subscribers. The reality revealed through actual channel messages is starkly different.
According to NSE’s official warning dated August 1, 2024, they operate illegally. They lack SEBI registration (admitted in their own bio). They promote prohibited activities like guaranteed returns and offshore forex.
The message is clear: stay far away from unregistered entities on Telegram.
Protect your hard-earned money by only dealing with SEBI-approved financial advisors. Always verify their credentials on official websites first!
