Investor Alert: TradeBazaar Accused of Blocking Withdrawals
Investor Alert: TradeBazaar Accused of Blocking Withdrawals, SEBI Complaints Filed
फ्रॉड अलर्ट: TradeBazaar (tradebazaar.com) पर निवेशकों का पैसा लूटने के गंभीर आरोप — डब्बा ट्रेडिंग, निकासी रोकना और मनी लॉन्ड्रिंग के संकेत
Azad Report | नई दिल्ली | निवेशक चेतावनी
New Delhi | Investor Alert
Online trading platform TradeBazaar (tradebazaar.com) is facing serious allegations from investors who claim that the platform has blocked withdrawals, demanded additional payments, and failed to provide regulatory clarity. According to affected users, formal complaints have been filed with SEBI through the SCORES portal, as well as with cyber-crime authorities, seeking investigation and remedial action.
It is important to clarify that the claims mentioned in this report are allegations based on investor complaints and have not yet been conclusively established by any regulatory authority.
Investors Allege Withdrawal Freeze
Several investors who contacted Azad Reports alleged that while deposits on TradeBazaar were accepted smoothly, withdrawal requests were either rejected, delayed indefinitely, or ignored. Users claim that despite repeated follow-ups through customer support channels, no clear resolution was provided.
Some complainants further alleged that they were asked to deposit additional amounts under the pretext of “tax”, “processing charges”, or “account unlocking fees”. Even after making such payments, withdrawals allegedly remained blocked.
SEBI Complaints Filed, Investors Seek Action
Affected investors claim that they have approached SEBI’s SCORES grievance redressal system, citing concerns over unregulated operations, blocked funds, and lack of transparency. Complaints have also reportedly been submitted on the National Cyber Crime Portal, urging authorities to trace fund movements and examine the platform’s operations.
Regulatory experts state that SEBI examines whether a platform is registered, authorized, and operating within the framework of Indian securities laws before initiating any enforcement action.
Questions Over Regulatory Status
Investors have raised concerns about TradeBazaar’s regulatory credentials, alleging that:
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There is no clear confirmation of SEBI registration
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Trades shown on the platform cannot be independently verified on recognized exchanges such as NSE or BSE
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Contract notes and clearing corporation records are allegedly unavailable
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Company ownership and physical office details are not transparently disclosed
SEBI has repeatedly warned investors that dealing with unregistered trading platforms exposes them to significant financial risk and deprives them of investor protection mechanisms.
Dabba Trading Concerns Raised
Some investors and market observers have questioned whether the platform’s trading model resembles dabba trading, an illegal practice where trades are not routed through recognized stock exchanges. SEBI has categorically stated that dabba trading is prohibited and participants in such arrangements have no legal recourse in case of disputes or losses.
However, experts caution that only a regulatory investigation can determine whether any illegal activity has taken place.
What Investors Should Do Now
Investors who believe they may have been affected are advised to take the following steps:
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File or update complaints on SEBI SCORES
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Report the issue on the National Cyber Crime Portal
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Notify their bank immediately and request transaction monitoring or freezing
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Preserve all evidence, including receipts, screenshots, emails, and chat logs
Azad Reports’ Note to Readers
Azad Reports is publishing this report in public interest, based on investor communications and regulatory advisories. The publication has not independently verified the allegations, and the matter remains subject to inquiry by appropriate authorities.
Readers are encouraged to exercise caution, verify the regulatory status of any trading platform, and avoid investing in entities that lack transparency.
⚠️ Disclaimer
This article is based on investor complaints, publicly available information, and regulatory advisories. The allegations mentioned are unproven and subject to investigation by SEBI, cyber-crime authorities, or other enforcement agencies. Azad Reports does not assert the guilt or innocence of any individual or entity. Readers should conduct independent due diligence before making financial decisions.
फ्रॉड अलर्ट: TradeBazaar (tradebazaar.com) पर निवेशकों का पैसा लूटने के गंभीर आरोप — डब्बा ट्रेडिंग, निकासी रोकना और मनी लॉन्ड्रिंग के संकेत
Azad Report | नई दिल्ली | निवेशक चेतावनी
