Scrolling through social media, you’ve probably come across ads promising quick profits through trading apps — returns that almost sound too good to be true. One name that keeps popping up is Guru Trade 7. With claims of high earnings, low deposits, and referral bonuses, it definitely grabs attention. But the concern is whether Guru trade is real or fake.
It’s a fair concern. When your money is on the line, you want to be sure you’re not stepping into a trap.
In this blog, we’ll dive into everything you need to know about Guru Trade, from user experiences and red flags to regulatory issues and common scam tactics.
By the end, you’ll have a clearer picture to make a safe and informed choice.
Guru Trade 7 Review
Guru Trade is an online trading platform that claims to enable users to trade in forex, cryptocurrencies, and commodities.
The platform is accessible via a mobile app and its website.
Here’s what Guru Trade promises:
- High returns with low investment – sometimes as low as ₹100.
- 24/7 trading access from anywhere.
- Referral bonuses for inviting friends.
- A demo account with virtual funds to practice trading.
Sounds attractive, right? But here’s the catch: Guru Trade is not authorized or regulated by SEBI or the RBI in India.
In fact, the Reserve Bank of India (RBI) has added Guru Trade7 Limited to its Alert List of unauthorized forex platforms. This means that while it is accessible, it is operating illegally in India.
Is Guru Trade 7 Safe in India?
If you’re wondering whether Guru Trade is real or fake, the answer isn’t black and white—but there are clear warning signs you should know. The platform is operational, with a mobile app and website, and claims to allow users to trade in forex, cryptocurrency, and commodities. It promises high returns with minimal investment and even offers referral bonuses to attract more users.
However, regulatory authorities and user experiences tell a different story:
- RBI Alert: Guru Trade7 Limited is included in the Reserve Bank of India’s alert list of unauthorized forex platforms, including Forextime(FXTM), Exeness, and Quotex. That means these apps are not legally allowed to operate in India.
- Unregulated operations: It is not registered with SEBI or RBI, exposing users to financial and legal risks.
- User complaints: Reports include blocked withdrawals, missing transaction histories, failed deposits, and unrealistic profit displays.
While the platform appears functional, these signs strongly suggest that Guru Trade is high-risk and potentially fraudulent. Using it could result in financial loss and legal complications, making it unsafe for investment.
In short, Guru Trade may be operational, but it shows multiple red flags that make it extremely risky.
Red Flags of Guru Trade Scam
Before investing in Guru Trade, it’s important to be aware of the warning signs that suggest the platform may not be trustworthy:
- Unrealistic Returns
- Guru Trade promises high profits with minimal investment, sometimes claiming 4–10% returns daily or monthly.
- Such high returns with low risk are too good to be true and are common tactics used by scams.
- Deposit Issues
- Users have reported that money deducted from their bank accounts never reaches their trading accounts.
- Delays or failures in processing deposits indicate potential mismanagement or fraudulent activity.
- Withdrawal Problems
- Requests to withdraw funds are often blocked, delayed, or denied.
- Users are sometimes asked to pay additional verification fees to access their own money.
- Fake Profit Display
- The app may show inflated or fake profits to create the illusion of successful trading.
- Even if your account shows earnings, it may not reflect real market trades.
- Altered or Missing Transaction Histories
- Some users notice that their transaction history is missing or tampered with, making it difficult to track investments.
- Some users notice that their transaction history is missing or tampered with, making it difficult to track investments.
- Aggressive Referral Incentives
- Users are heavily encouraged to invite friends for bonus earnings.
- Referral schemes like this can indicate Ponzi-like operations, where new deposits fund “profits” for older users.
- Unregulated Operations
- Guru Trade is not authorized by SEBI or RBI in India.
- Operating on an unregulated platform exposes users to financial and legal risks.
- Lack of Transparency
- The app does not provide clear information on how trades are executed or where funds are held.
- Users are left in the dark about their own money, a common feature in fraudulent platforms.
- Over-Promising Marketing
- Social media ads and influencer promotions make it appear easy to earn huge profits, creating urgency to deposit money quickly.
- These marketing tactics are often used to manipulate inexperienced investors.
How to Report Forex Trading Complaints in India?
If you face issues with platforms like Guru Trade, you can report them to protect yourself:
- RBI – Email ccr@rbi.org.in or use the RBI Consumer Complaints Portal with transaction details and screenshots.
- File a complaint in SEBI– Send an email with the platform details and proofs to SEBI.
- File a complaint in Cyber Crime: Register at the cyber crime portal and draft a complaint with all evidence of fraud.
Keep all receipts, screenshots, and communication as evidence to strengthen your complaint.
Need Help?
We have successfully helped people in forex trading scam recovery. So, if you have been scammed and lost money in any such platform, then register with us to get guidance and recover your lost funds.
Conclusion
So, is Guru Trade real or fake? While it is operational and accessible in India, it shows multiple warning signs of an unregulated, high-risk platform. User complaints, regulatory alerts, and the potential for withdrawal fraud suggest caution.
Avoid depositing money in unregulated apps like Guru Trade. Instead, focus on regulated and trusted trading platforms to protect your investments.
