Ai-Protrader is a CFD broker whose official domain was registered on May 18, 2024. The broker primarily provides investment services in markets such as forex, stocks, options, cryptocurrencies, and copy trading for retail and institutional clients. However, it does not offer services in countries and regions where it could be in violation of local laws or regulations.
Company Registration Information and Regulatory Status
According to the information on the official website of Ai-Protrader (www.ai-protrader.com), the broker claims to be regulated by the Financial Services Authority (FSA) of San Diego, California, with a securities dealer license number SD018. However, on the "Why Ai-Protrader" page, the trading name changes to "Wealth For Homes Best Trading".
In fact, there is no such entity as the "Financial Services Authority (FSA) of San Diego, California." The broker is using information from the Financial Services Authority (FSA) of Seychelles, where the company with license number SD018 is Raw Trading Ltd, the registered entity of the well-known broker IC Markets. Ai-Protrader is misappropriating IC Markets' regulatory information.
Therefore, Ai-Protrader (www.ai-protrader.com) is actually a scam broker site with no corporate entity or any regulation.
Account Opening Process
To open a trading account with Ai-Protrader: Visit their official website, click "Open an Account" or "Sign up" at the top right corner of the webpage to enter the registration page, fill out personal information such as name, phone number, and email, set a login password, and submit. Once verified, the account registration is complete.
Investment Plans
Ai-Protrader offers four different investment plans: BASIC PLAN, STANDARD PLAN, VIP PLAN, and PREMIUM PLAN.
BASIC PLAN:
- Minimum investment: $3,000
- Maximum investment: $6,000
- Minimum profit: $15,000
- Maximum profit: $30,000
STANDARD PLAN:
- Minimum investment: $9,000
- Maximum investment: $15,000
- Minimum profit: $45,000
- Maximum profit: $100,000
VIP PLAN:
- Minimum investment: $20,000
- Maximum investment: $30,000
- Minimum profit: $140,000
- Maximum profit: $200,000
PREMIUM PLAN:
- Minimum investment: 1 BTC
- Maximum investment: 5 BTC
Trading Platform
Ai-Protrader claims to offer MT4/MT5 trading platforms, but the provided download links do not work, and the broker's information cannot be found on MT4 or MT5.
Deposits and Withdrawals
Ai-Protrader supports deposits and withdrawals via Skrill, PayPal, Mastercard, VISA, NETELLER, UnionPay, and other methods.
Conclusion:
Traderknows reminds investors that Ai-Protrader is a fraudulent broker website that has stolen regulatory information from IC Markets. In reality, it has no corporate entity or regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Suspected Fraud" on Traderknows.
