The site is operated by a UK-based company that “boasts a team of experienced analysts utilizing advances in artificial intelligence.” However, the brokerage firm does not disclose details about its registration in London and whether it has a license.
Should you trust your funds to this intermediary? In this AlphaAITrading review, we will examine the broker’s legal documents and trading activities to understand how reliable this brand is.
How to Trade
The platform provides access to trading in Forex, cryptocurrency, and other asset classes. The firm offers clients 6 account types with the following options:
- Savings account.
- Credit with up to 100% margin.
- Assistance in developing arbitrage and hedge-trading strategies.
AlphaAITrading presents trading conditions as “low commissions, competitive spreads and high-speed execution”. Also, the process of deposit/withdrawal of funds is not well-defined — just “there are many convenient options”.
Users can take advantage of additional services such as Client Manager, Weekly Market Review, and Daily News.
AlphaAITrading Vital Info
The brokerage company has not indicated any dates on its official website. In addition, there is no information about the owners of the project, no confirmation of the qualifications of “experienced analysts”, and no business launch date. It is worth noting, the domain was only registered in April 2024, which characterizes the brand as completely new.
There is also a lack of clarity on key legal aspects such as the organization’s location, licensing, and regulation. In addition, we did not find AlphaAITrading in the UK corporate registers, nor is it listed by the FCA, the country’s financial commission. Besides, we do not understand why the site owner indicated on the “contacts” page the office address of the insurance company The Willis Building, which has nothing to do with Alphaaitrade.com. Is this what decent firms do?
I liked the brokerage company especially because of the possibility to set and close orders on weekends. I want to open a deposit for CFD trading. Managers offered me favorable conditions - futures trading with minimum margin (I have not seen such a margin yet). Spreads are minimal on AlphaAITrading. All commissions here are lower than at competitors. And the main thing - all instruments are in one terminal, I wanted it for a long time. I trust alphaaitrade.com!
The company is worthy of your attention, it is modern and provides clients with all conditions for stable earnings. I am especially happy that the software never fails me, as it often did with other intermediaries. Working on the Alphaaitrading platform gives you a chance to make a good profit, so success depends only on your skills and luck. I have been working on alphaaitrade.com for a short time, less than a month, but I haven't had any global problems yet, I am satisfied with almost everything. I trade only limit orders and I have not withdrawn large sums, but small sums (up to 300 USD) are paid here in a timely manner. I can honestly say that if you have more than 10 thousand dollars in your wallet for the initial payment, Alphaaitrading will definitely be the best choice. The most important thing is that here your funds will be safe and you will achieve your goal of earning good profits. The broker provides quite a few investment opportunities here, including passive income in a savings account, a wide range of assets, and lending for trades. It will only take you a few days to understand all the options this project offers. The high deposit amount is the only drawback of this intermediary. However, if your trading budget is less than the minimum deposit amount, you should probably look at smaller companies. But Alphaaitrading broker resource is, in my opinion, one of the most reliable.
My trader friend advised me to register an account here recently, as my financial intermediary was no longer satisfying me and I had a desire to move to another broker. Therefore, I am looking at other firms, including alphaaitrading. I have studied this platform very carefully, trading conditions look good, I can't pick on anything practically👍 The only significant drawback that confuses me is the lack of a regulator and a license. This company should have been supported by the FCA a long time ago, otherwise, every trader will doubt whether my capital investments will be safe enough here!
Guys, I will give you some advice for the future. Before you decide to entrust your money to the first company, check its reputation! Because I paid more than $27.6k for my indiscretion.
They are scammers!!! They sent me a notice to forcefully close all my open positions, citing force majeure. And then they forcibly converted the funds in my account into cryptocurrency without asking about my choice of digital money. The fraudsters from ALPHAAITRADING told me that everything would be fine, but in fact, they just robbed me!!! They responded to my claim literally in this sense: "we decided so, read the terms of the agreement"... So I lost about 17 thousand pounds sterling... After that I found information on the internet that these scammers have long been known to everyone in Forex, they have already cheated many traders, to whom they also refuse to pay money as they did to me. These crooks from ALPHAAITRADING easily change names and website addresses, working without any documents. Do not get in touch with swindlers!
I'm new to the world of Forex, and I chose Alphaaitrading, relying on the promises of managers about good support for beginners. But it was a mistake! They didn't help me, their training materials were outdated. The promised technical analysis turned out to be primitive, and the signals for trading - complete nonsense. I followed their recommendations and lost even 4,000 usdt in a short period. When I started to find out the reasons for such failed trades, the response from the support was so unprofessional that it became clear at once - they only value deposit making here, not helping clients. Thus, my confidence in the honesty of this firm almost completely disappeared after a month of trading with Alphaaitrading. I started to have problems with the fact that my stop loss orders were repeatedly ignored, as a result of which I lost 3,500 usdt. The tech support operators answered me with the usual boilerplate phrases without solving the problem. I felt that my investment was not safe here. I began to scrutinize the terms of the deal, but with the broker Alphaaitrading it was pointless. Managers introduce some hidden commissions all the time! When I withdrew my funds, the amount was always 15-20% less than I expected. It looks like they are willfully hiding additional fees. As a result, I lost $22,000 following their cryptocurrency trading advice, losing on broken stop-loss orders and inadequate fees and now I feel completely cheated because of these scams! It was a horrible experience! I realize now that this is a SCAM!!! I don't recommend contacting them to anyone if you don't want problems.