NSE Cautions Against “Simpy Gupta Live Trading” YouTube Channel for Market Tips

Ever followed a live trading channel on YouTube and wondered who actually stands behind those tips?

NSE just named one.

On October 29, 2026, the Exchange cautioned investors about a YouTube channel called “Simpy Gupta Live Trading”.

The Simpy Gupta Live Trading NSE caution is short, so we have read it line by line below.

Breaking Down the “Simpy Gupta Live Trading” NSE Notice

The notice runs to one page of real content. Each of its lines does a different job, so we have taken them in the order NSE wrote them.

The date and place first.

It is a press release from Mumbai, 29th October 2026, headed “Caution for Investors”.

Let us start with the core details of the advisory.

1. The Channel And Link NSE Names

The first line says it was brought to NSE’s notice that a YouTube channel named “Simpy Gupta Live Trading” is operating at https://www.youtube.com/@simpyguptalivetrading.

The notice uses the name only as the channel’s title. It does not say who runs the channel or who brought it to NSE’s notice.

2. The One Service The Notice Mentions

The same line says the channel is providing securities market tips to investors. That is the only service named.

There is no mention of account handling, courses, or any other service.

What the Notice Says About Assured Returns?

A promise about returns is the first thing NSE’s warning addresses, so it is the first thing to check on any tips channel.

NSE advises investors not to subscribe to any scheme or product offering indicative, assured, or guaranteed returns.

It says such offers are prohibited by law.

The Warning On User ID And Password

Once you follow a channel, the next risk is being asked to log in or hand over access. NSE covers that in its next line.

The notice advises investors not to share their trading credentials, such as user ID and password, with anyone.

Your credentials open your trading account, so anyone who holds them can place orders in your name. If you have already shared them, change your password and contact your broker straight away.

Is Simpy Gupta Live Trading NSE Registered Or Not?

After credentials, the notice turns to the question most viewers ask first. Is the channel authorised at all?

NSE states that the social media channel is not registered either as a member or as an Authorised Person of any registered member of the Exchange.

The notice speaks only to NSE membership. It does not mention any other registration.

How to Verify Your Broker Using NSE’s Official Lookup Tool?

That answer is only useful if you can check it yourself, and NSE has built a lookup for exactly that.

The notice points investors to https://www.nseindia.com/invest/find-a-stock-broker.

It works in two ways:

1. Checking The Member And Authorised Person

Start with who is allowed to deal with investors on the Exchange.

Use the tool to see the details of a registered member and its Authorised Persons. A channel that does not appear as either deserves a second look.

2. Checking The Designated Client Bank Account

Then look at where your money is supposed to go.

The same page shows the designated client bank accounts that members disclosed to the Exchange. These are the accounts to receive or pay money from or to investors.

NSE also lists all its cautions at https://www.nseindia.com/invest/advisory-for-investors.

Understanding the Risks: Why NSE Closes Off Investor Recourse?

Even with these checks, the notice is clear about what happens if something goes wrong. Its last block says participation in such schemes is at the investor’s own risk, cost, and consequences.

It adds that they are neither approved nor endorsed by the Exchange.

For any dispute relating to such schemes, none of these three recourses will be available.

1. Investor Protection Under The Exchange’s Jurisdiction

This is the first safety net the notice names.

You cannot claim the protection offered to dealings within the Exchange’s jurisdiction.

2. The Exchange Dispute Resolution Mechanism

The second is the Exchange’s own process for settling disputes.

You cannot use that process for such schemes.

3. The Exchange’s Investor Grievance Redressal Mechanism

The third is the route for taking a complaint to the Exchange.

You cannot use the grievance mechanism administered by the Exchange.

The Route That Remains Open

These three closures do not leave you with nothing.

You can still write to SEBI. Our steps on how to complain to SEBI show how to prepare it.

What The Notice Leaves Unsaid?

So that is what NSE told us.

Just as important is what it left out, because it’s easy to fill the gaps with guesses.

• It names no individual and gives no phone number.
• It states no amount collected and no number of investors affected.
• It does not describe any specific video, call, or promise.
• It does not say any action has been taken against the channel.

Paid for Tips or Followed the Channel? What to Do Right Now

If you have already acted on this channel, the steps below come next.

The notice gives no reporting route, so these are general practices.

1. Save Everything First

Evidence is the one thing you can control today, so collect it before anything changes.

Screenshot the channel page, the link, the videos, and any messages.

Keep payment receipts and bank statements.

2. Work Out What You Actually Bought

The next step decides which complaint route fits.

Check whether you paid for education or for tips. Our post on whether you are buying a stock market course or tips helps you tell the difference.

3. Report The Channel And File A Complaint

Finally, report the channel and, if money moved, file a complaint.

Use YouTube’s report option on the channel page. If you paid money, our walkthrough on how to file a cyber crime complaint shows the process.

Conclusion

NSE named one YouTube channel and one service, then repeated its three standard warnings.

They cover return promises, credentials, and lost resources.

Check any tips channel against NSE’s lookup before you pay, and never share a login.

Report. Recover. Stay Fraud Free.