Global Broker Regulatory Inquiry Platform
WikiFX

AiTrade

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Score

1.59/10
Negative

Score

1.59

/10

Website

GENERAL INFORMATION

  AI Trades is an investment platform that is allegedly offering Bitcoin trading services. The company also states that they are using cutting edge technology to manage investors funds. We have reasons to believe that this is just another Ponzi scheme in the market, hiding behind the use of technology.

  There is no evidence that this system has a trading software. The founder of this entity is Joff Paradise. It could be another pseudonym as we did not find the character to have any social media presence.

PRODUCT

  AI Trades has several products that they are offering. These include; AI-powered Nodes, AI bots for trading various crypto pairs in the market, and AI bot for arbitrage trading between exchanges. The company is also still developing Artificial Intelligence bots for mining, margin trading on sales, and analyzing the market, and looking for the best coins in the industry.

Recruitment Commissions

  AI Trade affiliates are paid an unspecified recruitment commissions when they recruit new affiliates who invest.

HOW THEY OPERATE

  No competent trader would believe the Ponzi scheme's deception. AI Trades is solely interested in new investors with little to no knowledge of how bitcoin works. Our best recommendation is to avoid this organization since it is opaque.

  We feel the corporation is lying about its performance. Arbitrage trade base investment is one of the methods used by the Ponzi scheme to take from unsuspecting investors. The site does not disclose any information on the team in charge of their activities.

  They also do not give adequate information about their trading software. AI Trades is a platform that wants investors to blindly trust them. The firm's results have not been back-tested. Furthermore, no trade outcomes are available to demonstrate

  AI Trades is a Ponzi scheme, and it does not require rocket science to know that. They claim to be investing in the most popular current of all the digital assets—however, the platform lack what it takes to be performing as per the law.

  There are undoubtedly significant factors that the platform has not disclosed. We do not know the drawdown of their bot or their average win rate. The only thing that AI Trades brag of is their outstanding performance. We cannot see that reflect on their transparency.

  We have a lot of unanswered questions with this entity. However, all the information we gathered shows that the people behind the firm do not have what it take to run a successful company. The platform is privately registered, and knowledge of the owner is hidden from members of the public.

  AI Trades made its first digital footprint in May 2018. The platform also has affiliate services. We think this is what they major on; hence no other investment services or products are available. AI Trades is an illegal venture that you should not waste your time.

  Over the past few years, it has become the norm of investment schemes to steal from novice traders. Whenever they make those attractive promises, some traders jump off the hook and believe that they will become rich overnight.

  You need to gain adequate knowledge so that you do not fall victim to shady ventures like AI Trades. Moreover, the patient is a virtue that comes with investment. If you want to make money quickly, we are sorry to disappoint you. There is nothing like that in cryptocurrency.

Residual Commissions

  AI Trade offer both matrix and binary residual commissions.

  I can‘t say for sure but I’m pretty confident one of these is used to pay a residual on downline investment. The other is a residual on downline ROI payments.

AI Trade – Compensation Plan

  The AI Trade also offer recruitment commission. An affiliate receive commission on adding new affiliate to the platform. But, how the payment is made is unclear.

  There is a lot confusion about the compensation plan offered by the company. There is no clear specification on their website. Only to confirm that the program is a Ponzi Scheme. The company encourages the affiliate to invest bitcoin for receiving ROIs which is not lucidly specified.

  AI Trade do utilize binary as well as matrix commission structure. One of these is used to pay the residual commission and other for the residual ROI payments.

Comment

Unable to Withdrawaitrade恶意冻结账号 无法出金

曝光!!!aitrade黑平台恶意找理由冻结账号,使我无法出金!客服电话是空号!

FX30598611082019-02-01Released inHong Kong
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aitrade恶意冻结账号 无法出金

Unable to Withdraw无法出金

申请出金失败 系统检测高频交易 违规操作 目前账户被冻结

FX30598611082019-01-29Released inHong Kong
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无法出金

AiTrade supported trading platform

Contact

  Company: AiTrade Corporatio

  Phone: +44-1273921828

  Website:

  http://www.aitrade888.com/

  https://www.wikifx.com/en/dealer/3481803755.html

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