Trading and Investment became popular during the COVID Period and proved anyone can get rich. But, risk factors became the most unwanted barrier in trading and investing in stocks. So, make sure you try at your own risk. Guru Trade 7 is a Forex Trading app that claims users can earn money by trading in commodities and cryptocurrencies.
Finding a legitimate financial app is quite difficult. That’s why Review Matrix is here to help you find the right platform to invest and trade to save money and time. Let’s start with Guru Trade 7 App Review Today.
Guru Trade 7 App Details
The Guru Trade 7 app became popular in India due to the features of investing in different segments like cryptocurrencies, commodities and international currencies. This platform is powered by the Forex Trading Platform, and users earn through predicting the trades. If you predict the trade correctly, you will get paid double the money invested. However, if it goes wrong, you will lose the money invested.
Guru Trade 7 offers instant withdrawal with 0% commission and platform fees but charges some commission on each profitable trade. Here are some pricing and fees charged by this app –
Minimum Deposit | 100 Rupees |
Single Trade Amount | 20 Rupees |
Demo Account | Free |
Hidden Charges | Zero |
Minimum Withdrawal | 100 Rupees |
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Guru Trade 7 App Real or Fake
The Guru Trade 7 app has become popular in India, but many doubt its legitimacy. According to me, Guru Trade 7 is not a safe & reliable Forex Trading app. I recommend that you don’t invest money in this app. After analyzing others’ reviews and my viewpoint, I came up with these points that explain why Guru Trade 7 is not good:
- The RBI has added this app to the alert list of unlicensed forex trading platforms.
- This App has some Delays and Withdrawal Issues.
- Trading on this app carries a high risk of losing your invested money.
- This app is not registered in India, so RBI can ban it.
- Many users face bad customer service.
Overall, Guru Trade 7 is not a good Forex Trading app, and I suggest staying away from this app. RBI placed this app in the Alert List, so it’s better not to invest using it. Look at other alternatives for better Trading experience.
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Guru Trade 7 Legal or Illegal
The Guru Trade 7 app has raised concerns regarding its legitimacy and regulatory status with the RBI terms and conditions. That means using this app may land you in legal trouble. Guru Trade 7 is not registered in India and has not been approved by RBI. That’s why I consider it an illegal Forex Trading Platform in India. Trading platforms on the RBI Alert List may expose users to legal risks and financial losses. So, staying away from this app can be a better option.
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Guru Trade 7 App Review
Guru Trade 7 App
Guru Trade 7 is a Forex Trading Platform in which your money will be doubled for every right prediction, and you will lose for every wrong trade. Investing in Guru Trade 7 is not a safe option because RBI added it to the alert list, and it's not registered in India. In my opinion, Guru Trade 7 is an unsafe and non-RBI registered Trading Platform, so investing in this app can get you in trouble.
Price Currency: INR
Operating System: Android
Application Category: Forex Trading
2.5
If you are an existing Guru Trade App user, write your experience in the review section. It will help other people have a clear view of this app. I hope you find my blog post helpful. Thanks for Reading!
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FAQs
Is the Guru Trade 7 app legal in India?
Guru Trade 7 is not registered in India and has not been approved by RBI. That’s why I consider it an illegal Forex Trading Platform in India.
Can we withdraw money from Guru Trade 7?
Yes, you can easily withdraw money through Paytm, Gpay, and Cards from Guru Trade 7.
Is Guru Trade 7 safe?
No, Guru Trade 7 is not a safe & secure Forex Trading app in India.
Is Guru Trade 7 Sebi registered?
Guru Trade 7 is not registered under SEBI, and RBI added this app to their Alert List.
Reviewed by 1 user
I used it and felt regret to waste many invested money. Actually, the algorithm of the app is set such a way that you can’t win, but close to win. Don’t use it fake app