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/10

AiTrade

United Kingdom|5-10 years|
White label MT4|Regional Brokers|High potential risk|

http://www.aitrade888.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
ZhiRuiTechnology-Demo MT4
Server Location United States

Contact

4401273921828
http://www.aitrade888.com/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Chinese (Simplified)

4401273921828

Broker Information

More

Company Name

AiTrade Corporation

Company Abbreviation

AiTrade

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-04-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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AiTrade · Company Summary

Feature Information
Company Name AiTrade
Registered Country/Area United Kingdom
Founded Year 5-10 years
Regulation Unregulated
Customer Support Phone at 4401273921828
  1. What is AiTrade?

AiTrade could be a company that provides an intelligent financial data service platform targeting financial institutions like banks and futures exchanges. This platform likely uses artificial intelligence and big data to analyze financial markets.

However, you should notice that the official website of AiTrade, http://www.aitrade888.com/ is currently encountering functionality problems.

What is AiTrade?
  1. Regulatory Status

AI Trade appears to be operating without proper regulation. The disclaimer suggests AI Trade hasn't been approved by any financial regulatory body like the Securities and Exchange Commission (SEC) in the US. This is a major red flag.

Regulatory Status
  1. Warning

AI Trade claims to utilize 55% of invested funds to generate returns through AI-driven robot trading. This business model bears resemblance to many MLM cryptocurrency schemes known for their Ponzi-like structures.

  1. Pros & Cons

Pros Cons
N/A Official website encountering functionality problems
Operating without proper regulation
Ponzi Similarities

Pros:

N/A

Cons:

  • Official website functionality problems: The current issues with AiTrade's website raise concerns about reliability and accessibility for users.

  • Operating without proper regulation: AiTrade lacks approval from financial regulatory bodies, posing legal and financial risks for investors.

  • Ponzi scheme similarities: The business model's resemblance to MLM cryptocurrency schemes suggests a potential Ponzi-like structure, raising suspicion of unethical practices.

  1. Customer Service

AI Trad offers customer support via phone at 4401273921828.

  1. Conclusion

While AiTrade suggests they might provide a valuable financial data analysis platform (though their website is currently down), the significant disadvantages outweigh this potential benefit.

The unrealistic profit-sharing promises, lack of independent verification of their AI activity, and apparent lack of regulatory approval raise serious concerns about their legitimacy. These red flags strongly suggest AiTrade could be a scam, so it's best to avoid investing with them

  1. Frequently Asked Questions (FAQs)

    1. Question: Are there any safer alternatives to AiTrade?

      Answer: It's best to avoid AiTrade due to the high risk and lack of transparency. Consider legitimate investment opportunities with verifiable results and proper regulatory oversight.

      Question: Does AiTrade sound too good to be true?

      Answer: There are some red flags to consider. AiTrade promises a very high return on investment (ROI) through AI robot trading. This is unrealistic and could be a sign of a scam.

User Reviews

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2

Comments

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刘子良
more than one year
Be warned, guys. The company seem genuine and although I signed up with them. I did not use this broker because the signals are so wrong. I intended to use it, but its trading signals’ success rate varied greatly, often 20% or even less. As you can see, i gave up this broker when I saw that all the signals were wrong.
2023-03-20 17:43
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0
0
FX1296943052
more than one year
I am a student and I invested money in this company with the intention of scaling up my capital and using it for funding my start-up. Now as these frauds took away all my money and savings I am debt-ridden. Just Hoping to receive my money back and get out of the entire debt I have on my head.
2023-02-28 17:41
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0
0
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