Research Analyst Risk & Scam Warnings to Investors

SIDDHARTH JAIN PROPRIETOR MAGICFIN INDIA RESEARCH — SEBI Registration No. INH000023694 — BSE Enlistment No. 6808

Caution: Stock Market Scams Through Social Media Platforms

SEBI Warning: Some entities exploit Social Media Platforms to lure and deceive unsuspecting investors in the securities market.

  • Unsolicited Invitations: WhatsApp groups, trading courses.
  • Fake Profiles: Pretending to be experts.
  • Impersonation: Using names of SEBI RAs or public figures.
  • Fake Testimonials: Showing false profits.

Guidelines for Investors

6-Step Guide to Avoid Stock Market Scams

  1. Verify the Research Analyst on SEBI Research Analyst registry
  2. Obtain contact details from SEBI records.
  3. Communicate only via official email listed on SEBI portal.
  4. Confirm responses are from the same registered email.
  5. Verify payment details via SEBI Check portal
  6. Avoid entities refusing verified payment methods.

Important Disclaimers

  • Investments are subject to market risks.
  • SEBI registration does not guarantee returns.
  • No claims for losses.
  • Past performance not indicative of future.

Important Disclaimers: Crypto, Forex & Third-Party Products

These services fall outside SEBI regulatory purview. Investors will not have recourse with SEBI for related grievances.

  • High volatility and potential total loss of capital.
  • Limited or no regulatory protection.
  • Exposure to fraud and market manipulation.
  • Cybersecurity risks including hacking.
  • Irreversible transactions.
  • Liquidity risks.
  • Regulatory uncertainty.
  • Not suitable for all investors.
  • No loss recovery mechanism.

SEBI Investor Caution & Cybercrime Reporting