Springpad AI: Is It A Trading Scam & How to File Complaint?

springpad ai

Imagine unlocking the stock market’s secrets with artificial intelligence that does the heavy lifting for you. It helps in spotting trends, predicting moves, and turning average investors into pros overnight.

Springpad AI bursts onto the scene with this tantalising promise, flooding social feeds and webinars with stories of everyday people achieving financial freedom through AI-powered trading strategies.

In a world where 90% of traders lose money, who wouldn’t be hooked by claims of smarter, faster decisions that outperform the market?

But hold on! What if the path to riches is paved with more hype than substance? Springpad AI has sparked endless debates online, with glowing testimonials clashing against frustrated user stories.

So before you think about purchasing the Springpad AI online course, hold yourself back and have a look at this blog. It will clear all your doubts regarding the platform.

Springpad AI Review

Springpad AI, officially SpringPad Wealth Solutions Private Limited, markets itself as a revolutionary EdTech platform blending AI with stock market training.

It is founded by Rahul Chandra, holding CFA, FRM, and CAIA credentials, and Pratik Chakraborty, with over a decade in global trading. The company offers workshops teaching AI tools for analysis, back-testing strategies, and building portfolios.

springpad ai review

The company is SEBI registered as a Research Analyst under INH000022950. It emphasises tools like ChatGPT integrations and proprietary frameworks such as PEAK for quick market scans.

But do you really think that AI tools can be that effective in trading? And even if they do, why don’t people who call themselves professionals become the richest people in the world using AI?

The platform boasts ISO 9000 certification and claims over 10,000 trained students with a 4.8/5 rating on select sites. Yet, its core pitch revolves around transforming manual trading chaos into data-driven wins, promising 10x faster decisions without pricey software.

Springpad AI Trading

Ever wondered what really happens inside these workshops?

Once you step in, you’re introduced to a carefully curated mix of strategies and persuasive insights. The speakers don’t just teach, they sell a vision.

Their delivery is confident, polished, and designed to make every strategy sound like a game-changer. Before you know it, you’re nodding along, convinced that you’re just one step away from cracking the market.

springpad ai trading

You might be interested in knowing what happens inside the workshop. Inside these sessions, attendees get a taste of strategies. They market themselves in such a way that users are convinced by their talks.

Towards the end, they ask the users to purchase their premium courses costing upwards of ₹1 lakh for mentorship and advanced access.

Through their website, they also push the users into buying their courses by depicting examples in which they state that people have really doubled their portfolio using their platform. They share success stories in a way that users can understand.

springpad ai users review

Webinars often spotlight Bulls AI, their promoted algo-trading tool for back-testing, portfolio building, and automated strategies.

springpad bull ai

Is Springpad AI Legit?

Springpad AI carries legitimate markers like SEBI registration and certified founders, operating workshops from Kolkata. They are registered as research analysts and have been confirmed through the SEBI website.

So yes, they operate legally!

But having a legal certificate doesn’t always mean that the platform is risk-free

Various scam detectors flag hype around “unrealistic returns,” urgency tactics like limited seats, and vague tool details as common pitfalls.

Another important thing worth noticing is that they do not have Broker API approval or an Exchange-compliance certificate.

This is a huge red flag! If an RA claims auto trading or API based trading without broker API or exchange approval, then it can raise a question about their legality.

Is Springpad AI Real or Fake?

Springpad AI is undeniably a real platform. You can find it dominating Google searches, YouTube promo videos, Telegram channels for updates, and a LinkedIn company page with 3,000+ followers.

Its website, springpad.in, runs workshops nationwide, backed by SEBI creds and media features, proving operational existence.

However, if you look at user reviews, most of them have reported Springpad AI as a scam.

Springpad AI Complaints

Customer feedback varies wildly on every other platform. Trustpilot shines with positives on workshop insights and AI prompts, calling sessions “mind-blowing” for stock picks, though some negatives slip in about depth.

On LinkedIn, there’s this detailed post from April 2025 about someone’s bad experience with SpringPad’s AI Trading mentorship. The person talks about “scripted FOMO,” fake urgency, and promises of spots “limited to 50 students.”

springpad ai reviews

The three-hour workshop? Full of old recycled slides and hard-sell tactics to push expensive premium courses, not real AI trading lessons.

Over on Reddit, tons of threads call out SpringPad as a scam. One long review says they use high-pressure sales, and if their AI was so great, why aren’t they getting rich with it instead of cheap workshops?

springpad ai users reviews on reddit

Another user spots that they play pre-recorded videos but pretend they’re live. They warn that users should skip this place if they want to keep their money safe.

YouTube comments under their popular videos? Shockingly, everyone’s yelling “scam!”

One story stands out: a customer got pushed into their course with a “100% return guarantee.” But no research analyst can promise that it’s against SEBI rules.

When he realised he’d been duped and tried to get help, they ghosted him completely.

springpad ai youtube videos reviews

springpad ai users common complaints

Several users have clearly warned people not to fall for the ₹9 webinar as it is fake. Users have also experienced ghosting from customer support once their money was taken from them.

If you search for Springpad AI on Quora, you will find several warnings from the users. People have discussed the platform openly and uncovered the hidden truth behind good-looking websites and sales tricks.

springpad ai quora discussions of users

These are not just imaginary stories, but they have been posted after experiencing the workshop of Springpad AI. Charging money to provide knowledge is not wrong, but pressurising users to buy the course is definitely wrong.

Users have reported that the mentor created fear amongst people attending the workshop by saying that if you don’t buy their course, you will never make money in life.

Every comment paints a sad picture about the platform. Users have reported that their hard-earned cash went down the drain, and customers labelled them straight-up scammers.

What to Do If You’ve Faced Issues with Springpad AI?

Even if experiences with a platform like Springpad AI seem mixed, users who face misleading communication or unresolved issues need a clear path forward.

Here’s how we can help:

  1. Document Your Experience

Keep detailed records of interactions, screenshots of your account, withdrawal attempts, messages, and promotional content.

Thorough documentation strengthens your case if you escalate the issue.

  1. Seek Expert Guidance

Register with us, and our team at FraudFree guides users through the complaint and grievance process. We help you understand your rights and outline the steps needed to formally raise your concerns.

  1. File a Formal Complaint

We assist in preparing and submitting complaints to relevant authorities or consumer protection bodies. Proper filing ensures your issue is officially recorded and increases the likelihood of resolution.

Facing issues with a platform doesn’t have to be overwhelming. And that’s why we are here to provide structured support through every step, helping you navigate complaints, protect your information, and take action confidently.

Conclusion

Springpad AI looks like a genuine and trustworthy platform if you look at it from the angle of registration and picture picture-perfect website.

The real image comes when you look down at user reviews that call it a scam.

While using AI trading platforms like Springpad AI, users must stay vigilant and look behind the impressive credentials. The real user stories expose the truth behind the platforms.

Ultimately, financial growth thrives on research, not rush. Explore alternatives, verify claims, and protect your wallet in India’s booming yet tricky EdTech trading space.

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