Looking for a genuine Love Sharma TWL app review before paying for a trading subscription? That’s exactly what many retail traders are searching for today.
With growing visibility on Instagram and Telegram, Love Sharma’s platform, Trade With Love (TWL), has attracted attention for its trading batches, live sessions, and subscriber-based mobile app.
But before trusting any trading platform, it’s important to understand what is actually being offered and whether there are any concerns traders should know about.
If you’ve spent any time exploring stock market guidance online, chances are you’ve already come across Love Sharma and the TWL platform.
In this blog, we go beyond promotional claims and take a closer look at the TWL app on Google Play so you can make a more informed decision as a trader.
Love Sharma TWL App Details
Love Sharma’s TWL platform runs on a dedicated mobile app available on the Google Play Store under the name Tradewithlove.
It is developed by Education DIY17 Media. The app is listed under the Education category with a 3+ content rating.
The app’s description positions itself as an all-in-one platform for both beginner and experienced traders.
It also promises access to real-time market data, expert analysis, trading tools, and a community of like-minded market participants.
On the surface, this sounds useful.
A single platform for live calls, learning, and community interaction does have practical appeal for someone just starting out in the markets.
The app is powered by Classplus infrastructure, a well-known edtech platform used by many coaching providers in India.
This means the technical backbone is relatively reliable.
However, the bigger question isn’t about app performance; it is about what is being sold through that app and whether it complies with regulatory standards.
Here is what the TWL platform offers through the app:
- Daily live trading sessions for Nifty (9:00 AM -10:00 AM) and Gold/XAUUSD (5:00 PM – 7:00 PM).
- Subscription-based access to trade calls and market updates.
- A feature called “Locked Trades”, specific setups with predefined lot sizes and entry/exit levels.
- Community spaces where students share profit screenshots.
- WhatsApp group updates are reportedly managed by interns.
- A gamified reward system called “TWL Coins”.
At first glance, this looks like a structured system. But look more closely, and several of these features raise serious regulatory questions, which we will get into shortly.
One more thing worth noting: the app collects personal information, messages, and several other types of user data, and it shares some of this information with third parties according to its data safety disclosures.
It also shares your location.
Although many apps built on Classplus follow a similar model, traders should carefully understand what data they share when subscribing.
SEBI Violations By Love Sharma & TWL App
This is where the story becomes important for traders.
A detailed review of Love Sharma’s platform, including his social media posts, app content, and Telegram communications, has revealed multiple concerns when measured against SEBI guidelines for research analyst.
Let’s go through each of them:
Violation 1: Promising Guaranteed Returns
SEBI is very clear on this: no registered Research Analyst can guarantee profits.
Markets are unpredictable by nature, and any assurance of fixed or certain returns is a direct violation of regulatory norms.
Yet, promotional content associated with the TWL platform has included language implying assured outcomes.
One example circulated on his Telegram channel stated, “900 mein 9000 kamao with 2 lots“, which not only implies profit certainty but also crosses into specific lot-quantity advice, which is a separate issue on its own.
This kind of selective showcase violates SEBI’s advertising standards under Clause 7 of the Master Circular.
Violation 2: Promoting RBI Banned Platforms
This is arguably the most serious concern.
Love Sharma has actively promoted Exness, an offshore forex trading platform that the Reserve Bank of India (RBI) has not authorised for Indian retail traders.
Evidence shared during the arbitration process showed Exness referral links, copy-trading instructions, and onboarding guidance being distributed across his Telegram channels and WhatsApp groups.
Promoting platforms that are flagged or restricted by Indian regulators is a direct violation of SEBI Regulation 15 on conflict management and Regulation 24(1).
Violation 3: Conflict of Interest with Dhan
Love Sharma is an authorised person for Dhan (Moneylicious Securities) and earns a 30% commission on client referrals to the platform.
While being an authorised person is not inherently wrong, SEBI requires full and clear disclosure of any financial interest when recommending a brokerage to subscribers.
The arbitration documents revealed that this association and commission arrangement was not transparently communicated to subscribers, a clear conflict of interest concern under SEBI norms.
Violation 4: Incorrect SEBI Registration Number on the TWL App
The TWL app reportedly displayed an incorrect SEBI registration number.
During the arbitration proceedings, Love Sharma acknowledged this and called it a one-digit error.
However, accuracy in regulatory identification is not optional; it is a compliance requirement.
Displaying an incorrect license number on a platform used by paying subscribers is taken seriously under SEBI regulations.
Violation 5: The TWL Coins System
The platform introduced a virtual internal currency called TWL Coins, used to gamify the subscription experience.
SEBI mandates that registered analysts maintain transparent and clearly defined fee structures.
Creating a parallel virtual credit system introduces opacity into the pricing model and raises questions about compliance with Regulation 15A on fees and Regulation 24(6).
Violation 6: Showing Selective Past Performance
The TWL app encouraged students to share profit screenshots and prominently highlighted them within the community and across social media platforms.
While showcasing performance is not outright prohibited, some traders may mislead new subscribers by selectively displaying only winning trades while hiding losses, drawdowns, and complete P&L data.
SEBI’s Regulation 20(4) requires research analysts to support recommendations and communications with proper, balanced, and non-selective data.
Violation 7: Missing Standard Risk Disclaimers
Multiple promotional materials associated with the TWL platform were found to be missing the standard market risk disclaimer mandated by SEBI.
This is required in all advertisements and promotional communications for registered Research Analysts. Its absence is a direct violation of SEBI advertising norms.
Arbitration proceedings involving Love Sharma and the TWL platform examined multiple compliance concerns and related violations.
The parties ultimately resolved the dispute through conciliation and signed an arbitral settlement.
They reportedly undertook to follow SEBI regulations and compliance requirements going forward.
If you have used the TWL App or dealt with Love Sharma, understand the proper process to register a complaint.
This becomes important if you faced misleading claims, profit assurances, or trading-related losses.
How To File A Complaint Against Research Analyst?
Holding a SEBI license does not prevent investors from filing complaints.
In fact, SEBI expects registered Research Analysts to follow higher compliance standards and provides clear grievance redressal mechanisms for investors.
Here is how you can approach it:
- Keep Your Evidence Ready: Save everything, payment receipts, subscription confirmations, WhatsApp or Telegram messages, profit claim screenshots, promotional material, and any recorded promises. These form the foundation of a credible complaint.
- Reach Out to the RA Directly: Written communication creates accountability. Try resolving the matter directly with the advisor or their support team first.
- File a Complaint in SEBI SCORES: SEBI SCORES is the official complaint redressal portal. Complaints against registered analysts can be filed here and tracked online. The entity is typically required to respond within 30 days.
- Lodge issue in SMART ODR: For eligible cases, the SEBI Smart ODR (Online Dispute Resolution) platform offers a faster alternative to traditional proceedings. This is particularly useful for investor-advisor disputes.
- Arbitration in Stock Market: If the matter remains unresolved, formal arbitration through the proper framework, as was done in Love Sharma’s case, is available. Evidence-based arbitration has produced concrete outcomes, as the settlement agreement above demonstrates.
Need Help?
Losing money can be frustrating, especially when you don’t know how to proceed further.
But you don’t need to worry, all you need to do is register with us. We are a team of experts who will help you recover your money by following the right steps.
If you reach out to us, we will support you through every step until your complaint reaches a resolution.
So don’t wait and register your case with us right now!
Conclusion
The TWL app appears organised, and Love Sharma’s SEBI registration and platform infrastructure are legitimate.
SEBI registration alone does not guarantee compliance, especially amid documented promotional and advertising-related violations.
They are substantive breaches of the rules that SEBI put in place to protect retail traders.
The arbitration proceeding resulted in Love Sharma admitting his faults and committing to compliance.
Yet evidence of continued similar practices through new channels raises valid questions about whether that commitment has been honoured.
For traders considering the TWL subscription, the advice is simple: verify first, subscribe later.
Check registration details independently on SEBI’s website, question extraordinary profit claims, and ensure that all advertising you see comes with proper risk disclaimers.
Your money deserves that level of scrutiny, always.
