With the rise of online trading platforms in India, investors are increasingly vulnerable to scams. One platform that has raised many red flags is Badshah Broking. Many people are confused. Is Badshah Broking real or fake?
Reports of blocked withdrawals, fake dashboards, and aggressive tactics to lure investors have made people skeptical.
In this blog, we’ll help you understand whether Badshah Broking is real or fake, backed by regulatory alerts, user experiences, and clear red flags.
Badshah Broking Scam
The answer is straightforward: Badshah Broking is not a legitimate brokerage. Here are few checkpoints that prove that it is not safe for investors and traders.
SEBI Registration Check
- Badshah Broking is not registered with SEBI.
- SEBI registration is mandatory for any entity offering trading, investment, or advisory services in India.
- Lack of registration means the platform is operating illegally, leaving your money unprotected.
NSE Fraud Alert
The National Stock Exchange (NSE) has issued an official fraud alert regarding Badshah Broking.
- NSE confirmed that the platform is not authorized to deal in the stock market.
- Three people were specifically named:
- Salim Ansari
- Rahul Soni
- Rajesh Chaturvedi
The alert clearly indicates that the platform is operated by unlicensed individuals, making it highly risky for investors.
The combination of no SEBI registration and an NSE fraud alert is a strong signal that Badshah Broking is fake.
Real User Experiences
Many investors have shared their experiences online, painting a worrying picture:
- Blocked Withdrawals: Users reported that funds deposited could not be withdrawn.
- Fake Profits: Traders saw profits on dashboards that never reflected real market activity.
- Pressure to Deposit More: Aggressive agents pushed people to deposit more money with promises of higher returns.
- Unresponsive Support: Once money was deposited, customer service became unreachable, with calls and emails ignored.
These patterns strongly suggest that Badshah Broking is operating as a scam targeting unsuspecting investors.
Red Flags That Show Badshah Broking Is Likely Fake
Badshah Broking shows many warning signs that it’s not a legitimate trading platform. Here’s what to watch out for:
- Unrealistic Promises: Claims of guaranteed high returns in a short time are a classic red flag. No legitimate broker can promise consistent profits.
- Fake Dashboards and Screenshots: The platform may show doctored profit statements or account balances that don’t match real trading activity.
- Untraceable Customer Support: Once money is deposited, support becomes unreachable, and emails or calls go unanswered.
- Pressure Tactics: Investors are often pushed to deposit more money with threats or promises of higher returns.
- No Regulatory Oversight: Lack of SEBI registration and NSE warnings indicate the platform is operating illegally.
- Potential Financial and Identity Risks: Users risk losing money permanently, and KYC details submitted could be misused for fraud.
- Dabba Trading: Badshah Broking appears to engage in dabba trading, where trades are not executed on the stock exchange but settled internally. This allows manipulation of profits and puts your funds at high risk.
If you notice one or more of these signs, it’s a clear indicator that Badshah Broking is a scam.
How to Report Badshah Broking Scam?
If you’ve interacted with Badshah Broking or lost money, it’s important to report it to protect yourself and others. You can:
- Report to SEBI via the SCORES portal for unregistered brokers.
- Notify NSE about the scam via email or their investor helpline.
- File a complaint with the Cyber Crime authorities online or at your local police station.
- Inform your bank or payment app to dispute any fraudulent transactions.
Always keep evidence like screenshots, transaction receipts, and chat logs for follow-up. Acting quickly increases the chances of action being taken.
Need Help?
If you have been scammed in such scams, then register with us now. We will guide you through the process of raising the concern and help you with the recovery process.
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Conclusion
Badshah Broking is fake and unregistered. It is not authorized by SEBI, and NSE has issued a formal fraud alert against it. Real users have reported blocked withdrawals, fake profits, and aggressive tactics to extract more funds.
If you’ve been targeted or lost money, report immediately to SEBI, NSE, cybercrime authorities, and your bank. Keep all evidence safe and follow up regularly.
Investors must always verify SEBI registration and regulatory approvals before trusting any trading platform. Protect your money, stay vigilant, and never fall for unverified platforms like Badshah Broking.
