NSE Issues Warning Against Jaidev Tripati & Trader Jaidev Channel for Illegal Dabba Trading

NSE caution notice against Jaidev Tripati and Trader Jaidev for illegal dabba trading

Quick Summary

NSE has issued a caution notice naming Jaidev Tripati, who operates through a YouTube channel called Trader Jaidev, a Telegram channel called Tradefuture Official and two websites. NSE says these are providing securities market tips and dabba trading services, which it calls illegal. The notice states that the persons and entities behind them are not registered as a member or Authorised Person of any exchange member, and that a police complaint has been lodged. Investors are told they cannot use NSE’s dispute or grievance mechanisms.

One name. Four places you could find him.

A YouTube channel, a Telegram channel, a link-in-bio page, and a sign-up website.

NSE has now put all four against Jaidev Tripati in a notice dated September 28, 2026.

The exchange’s verdict is short: tips and illegal dabba trading, no registration, and a police complaint already lodged.

Jaidev Tripati and the Trader Jaidev YouTube Channel

NSE names a person called Jaidev Tripati, operating through mobile number 9571711679.

The notice lists a YouTube channel named “Trader Jaidev,” at youtube.com/@Tradewithjaidev.

NSE press release dated 28 September 2026 warning investors about Jaidev Tripati and illegal dabba trading services
NSE cautions investors against Jaidev Tripati’s illegal trading tips and platforms

NSE says the channel and the accounts listed alongside it provide securities market tips and dabba, or illegal, trading services to investors.

Tradefuture Official Telegram Channel and Website Links in NSE’s Notice

Besides the YouTube channel, the notice names a Telegram channel called “Tradefuture Official,” at t.me/tradefuturelive.

It also lists two websites: a link-in-bio page at traderjaidev.taplink.bio, and a registration page at tradefuturefx.com/register, which ends in the code ?ref=FSCMDPEHRC.

Put together, that is five links attached to one name: a YouTube channel, a Telegram channel, two websites, and a mobile number.

Dabba Trading and Tips: What NSE Says Is Being Offered

The notice describes the service in one line. It provides securities market tips and dabba/illegal trading services to investors.

Dabba trading means trades that are not routed through a recognised stock exchange, which is why NSE treats it as illegal. Our guide on how dabba trading works in India explains the mechanics in plain words.

NSE cautions investors not to subscribe to any scheme or product of this kind, since it is prohibited by law.

Police Complaint Lodged Against Jaidev Tripati’s Operation

NSE states that a police complaint has been lodged against these pages, and it appears in the same paragraph as the confirmation that they are not registered.

The notice gives no case number, police station, or arrest, so all we know is that the matter is now with the authorities.

If you dealt with Trader Jaidev, keep your payment receipts, chats, and screenshots safe, because those are what any report will need.

Dabba Trading Punishment Under SCRA and Bharatiya Nyaya Sanhita

The notice sets out the legal exposure in specific terms.

Excerpt of NSE press release listing legal penalties for dabba trading under Indian securities law
Penalties for dabba trading under the Securities Contracts Regulation Act

Under Section 23(1) of the Securities Contracts (Regulation) Act, contravening Sections 13, 16, 17 or 19 is punishable with imprisonment of up to ten years, a fine of up to ₹25 crore, or both.

Under Section 25, these are cognizable offences under the Bharatiya Nagarik Suraksha Sanhita, so state law enforcement can investigate them too.

The notice adds that dabba trading also falls within Sections 316, 318 and 61 of the Bharatiya Nyaya Sanhita, 2023.

For a real case of how a dabba operation was found and what police recovered, read why should investors avoid dabba trading in India.

Jaidev Tripati and Trader Jaidev Are Not NSE Registered

NSE states that the person or entity running these pages and social media pages is not registered, either as a member or as an Authorised Person of any registered member of the Exchange.

The exchange offers a “Know/Locate your Stock Broker” facility on nseindia.com, where anyone can check a registered member and its Authorised Persons.

It also lists the designated bank accounts that registered members use, so investors can compare them before paying anyone.

Zero Protection on Illegal Trading Platforms

The second page of the notice closes off the usual routes for complaints.

Excerpt of NSE press release advising investors not to trade on illegal platforms not endorsed by the Exchange
NSE warns that illegal trading platforms are not approved or endorsed

For disputes relating to such prohibited schemes, none of these will be available: benefits of investor protection under the exchange’s jurisdiction, the Exchange Dispute Resolution Mechanism, and the Investor Grievance Redressal Mechanism administered by the exchange.

NSE adds that taking part in such illegal platforms is at the investor’s own risk, cost, and consequences, and that the platforms are neither approved nor endorsed by the exchange.

How to Report the Trader Jaidev Telegram Channel?

If you came across the Tradefuture Official channel, you can report the channel itself, not only the person behind it.

Save screenshots of the channel and its messages first, along with any payment details, before reporting.

Our guide on how to report telegram scammer online walks through the reporting steps inside Telegram and beyond.

If money has already left your account, the National Cyber Crime Helpline on 1930 and cybercrime.gov.in are the quickest routes.

How to File a Complaint With SEBI Against Jaidev Tripati?

NSE’s grievance channels are closed for this kind of platform, so the regulator is the remaining route.

Since the persons named are not registered with any exchange member, SCORES has no regulated entity to send a complaint to.

An email to SEBI naming the operator is a workable step.

Our guide on how to file complaint with SEBI lists what to include, such as the channel links, the mobile number, and your payment records.

Conclusion

The notice is short, and its message is clear. Jaidev Tripati, the Trader Jaidev YouTube channel, and the Tradefuture Official Telegram channel are named as providing tips and illegal dabba trading, with no registration behind them.

A police complaint has already been lodged, and NSE states that its dispute and grievance mechanisms will not help anyone who deals with them.

Before registering on any trading platform, check the name in NSE’s “Know/Locate your Stock Broker” tool.


Report. Recover. Stay Fraud Free.


Frequently Asked Questions

He is a person operating through mobile number 9571711679, named with the Trader Jaidev YouTube channel, the Tradefuture Official Telegram channel and two websites.

NSE says securities market tips and dabba, or illegal, trading services are being provided to investors.

No. NSE states the persons or entities running these pages are not registered as a member or Authorised Person of any registered member of the exchange.

NSE states that a police complaint has been lodged in this regard.

Under Section 23(1) of the SCRA, up to ten years in prison, a fine of up to ₹25 crore, or both. The notice also cites Sections 316, 318 and 61 of the Bharatiya Nyaya Sanhita, 2023.

No. NSE states that exchange investor protection, the Exchange Dispute Resolution Mechanism and the Investor Grievance Redressal Mechanism are not available for such prohibited schemes.

Use the "Know/Locate your Stock Broker" facility on nseindia.com, which lists registered members and their Authorised Persons.

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