Fake Trading : Beware of this trading app

 



If you as an user is also fond of online trading then there is big news for .  This hobby of online trading can cause users huge losses.  It is not us but the government itself that is saying this.  Government's cyber security wing Cyber ​​Dost has issued a warning regarding trading app Angel Guard.


 Cyber ​​Dost, which works under the Ministry of Home Affairs, has posted on its X account saying that do not become a victim of fraud - empower yourself with knowledge and protect your investments.  A screenshot of an app has also been shared from the account which is of Angel Guard app.


 Simply put, the government has forbidden the use of Angel Guard app.  If the users trade through this Angel Guard and invest money in the market, users may suffer huge losses and  may be cheated.


 Let us remind the users that a few days ago the Reserve Bank of India (RBI) has issued an alert regarding 75 such trading apps which are not authorized by Forex.  Trading through these apps can prove dangerous for users and all the hard-earned money will be lost.  According to RBI, financial fraud can happen to the user through these apps and the government and RBI will not be responsible for it.

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