An investor needs to know about a broker before starting to trade with a new broker. If you are planning to trade with Ai2Trade Ltd, you should read this comprehensive Ai2Trade Ltd review. Scam Help Center Team suspects Ai2trade.co.com as a fraudulent broker. Read the details here.
Website – https://ai2trade.co.com
Website Availability – Yes
Address – London SE1 4AA, UK
Blacklisted Status – Commissione Nazionale per le Società e la Borsa (Italy)
Domain Age Information –
- Domain Name: AI2TRADE.CO.COM
- Registry Domain ID: D386457852-CNIC
- Registrar WHOIS Server: whois.namecheap.com
- Registrar URL: https://namecheap.com
- Updated Date: 2023-08-31T17:14:21.0Z
- Creation Date: 2023-08-09T10:53:14.0Z
- Registry Expiry Date: 2024-08-09T23:59:59.0Z
Fraudulent Activities of Ai2Trade Ltd broker
With a stated UK address, Ai2Trade Ltd. asserts the company is regulated by The Bahamas’ Securities Commission (SCB). Nevertheless, the Financial Conduct Authority (FCA) and SCB databases did not include any matching data, according to the research. The validity of Ai2Trade Ltd.’s business is seriously called into question by this disparity. In addition, Ai2Trade Ltd. was cautioned by the CONSOB, the Italian financial authority.
The CONSOB brought attention to the fact that Ai2Trade Ltd was offering financial services or goods without the required authorization. Due to this lack of authorization, investors may be exposed to risks since Ai2Trade Ltd. may be conducting business outside of legal and regulatory bounds. People should proceed with extreme caution and make sure that financial businesses are legitimate before making any purchases.
Negative Reviews and Red Flags
A key consideration in assessing the reliability of Ai2Trade Ltd is the frequency of negative Ai2Trade Ltd reviews on various platforms. These reviews frequently attract attention to concerns like withdrawal difficulties, unhelpful customer service, false information, and obvious deceit. Due to the many negative Ai2Trade Ltd reviews, which highlight the risks involved in trading on the platform, prospective investors are advised to proceed with care and look into other, more reliable brokers.
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Regulatory Warnings and Their Significance
The most significant indicator of potential deceit is the lack of regulatory supervision, either completely or insufficiently. Regulatory bodies such as the SEC, FCA, FINMA, ASIC, BaFin, FMA, CONSOB, and others issue warnings against unlicensed brokers operating without recognized financial norms. Examine the regulatory warnings to confirm the legitimacy of Ai2trade.co.com’s operations and the safety of investor funds.
Having a regulatory license adds another level of safety for traders by guaranteeing that the broker complies with strict guidelines including sufficient capital, transparency, and ethical conduct. It gives investors a safety net in case of disagreements or misconduct, which is lacking when working with unregulated businesses.
Why Is Trading with an Unlicensed/Unregulated Broker’s Platform Not Preferable?
Due to the high risks involved, trading on an unregistered broker’s platform is not recommended.
- Money might not be separated, which would make it more susceptible to loss in the case of the broker’s bankruptcy or financial mismanagement.
- Transparency is sometimes lacking in operations, which leaves traders vulnerable to false information and unstated costs.
- The entire trading experience is undermined by generally worse service quality, poor customer assistance, and antiquated trading systems.
- Selecting a registered broker guarantees compliance with regulations that protect investors and advance a safer and more open trading environment.
Other possible fraudulent activities of Ai2Trade Ltd broker
Ai2Trade Ltd seems not fair to the investors as they complain about the withdrawal issues, unfulfilled bonus policies, and other assured benefits
Ai2trade.co.com offers assets that are highly risky and result in huge losses of investors.
Ai2Trade Ltd sales staff continues to call the investors and force them to invest more and more money.
Final Conclusion- Is Ai2Trade Ltd a fraudulent or legit broker?
Based on the regulatory warnings and negative reviews surrounding Ai2Trade Ltd, it appears to lean towards the classification of a potential deceit. It is recommended that investors proceed with utmost caution and consider other brokers that have legitimate regulatory licenses and good standing in the trading community.
Concerned about potential deceit? Protect yourself from fraudulent brokers by getting a free consultation.
Got Scammed by Ai2Trade Ltd? Scam Help Center Is Your Solution for a Refund!
For victims of Ai2Trade Ltd, getting help through platforms like the Scam Help Center is important. If you suspect deceit, filing a chargeback might help you get your funds back. To successfully enhance your case and speed up the recovery procedure, take immediate action and document everything thoroughly.
Find out more about your chargeback rights and available solutions. Contact us for expert guidance.
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