The digital age has brought the stock market to our fingertips, but it has also opened the door for sophisticated financial traps. If you are here, you are likely asking one urgent question: “Why can’t I get my TradeNow withdrawal?”
You aren’t alone. In recent months, a wave of frustrated investors has emerged, all reporting the same nightmare. Their hard-earned money is locked inside an app that seems to have vanished into thin air.
In this blog, we’ll uncover the truth behind the TradeNow platform, analyse the “red flags,” and provide a step-by-step guide on what to do if you’ve been scammed.
TradeNow Withdrawal Complaints
Before you put even a single rupee into any trading platform in India, there’s one non-negotiable rule you should follow. Check—is TradeNow SEBI Registered?. SEBI isn’t just another government body; it’s the watchdog that stands between retail investors and financial fraud.
So, what happens when you look up TradeNow in SEBI’s official database of registered stockbrokers and investment advisers? Nothing. It simply doesn’t exist. And that’s a massive red flag.
The biggest indicator of a scam is the inability to withdraw funds. Users have flooded forums and social media with harrowing experiences regarding the TradeNow withdrawal process.
Here is an analysis of the most common TradeNow complaints:
Review 1:
Many users report that even after depositing money, the app blocks withdrawal requests.
This is a psychological tactic. By forcing you to trade, they hope you will lose the money naturally through “market risks,” or they use the time to convince you to deposit even more. The user is unable to withdraw their deposited or earned money in a timely or desired manner.
The platform appears to be engaging in practices that severely restrict user control over their own finances. These actions are typical indicators of potential scams or highly restrictive, unfavourable terms of service common in unregulated or predatory trading environments.
Review 2:
Another complaint, also around the withdrawal issue, is concerning. The complaint highlights serious allegations against a trading platform regarding its legitimacy and fund withdrawal processes.
The user explicitly states that the “Trade now application” is a “fraud,” “scam,” and “very bad application.” . The inability for users to withdraw their own funds is a classic characteristic of an investment scam (Ponzi scheme or similar). The user is clearly distressed and has concluded that the entire operation, including the application and its agents, is designed to steal money.
Review 3:
Another complaint pulls back the curtain on something far more serious. The platform’s basic ability to play fair. Users aren’t just frustrated; they’re alarmed. The issue isn’t a minor glitch or a delayed response. It’s about access to their own money and the complete breakdown of communication when it matters most.
How To Report TradeNow Withdrawal Issue
- File a Cyber Crime Complaint. This is the first step in tracking the money trail.
- Even if they aren’t registered, you can report unauthorised trading to SEBI by Loging a complaint in SCORES portal to help them take action against the fraudster.
- Contact your bank’s fraud department immediately. If you recently transferred money, they might be able to put a “stop payment” or flag the recipient’s account.
Need Help?
We understand how devastating it is to lose your savings to a scam. Our team is dedicated to helping victims of fraudulent trading apps navigate the legal and technical steps for potential recovery.
Conclusion
Let’s call it what it really is. The TradeNow withdrawal problem is not some harmless “technical glitch” that will magically fix itself. It’s a classic warning sign of an unregulated and predatory platform at work.
When an app has no SEBI registration, no functional or verifiable website, and has even been kicked out of the Play Store, it’s no longer a grey area—it’s a glaring red flag. TradeNow has checked every box that serious investors are taught to avoid.
Always remember: If a platform makes it easy to deposit but impossible to withdraw, it is not a trading app; it is a trap. Stay informed, stay safe, and always trade with regulated brokers.
