AI Trade Capital is a forex broker registered in Saint Lucia on August 30, 2023, primarily providing investors with trading services in forex, indices, metals, cryptocurrencies, stocks, and other financial derivatives. The company's headquarters are undisclosed. This broker does not provide services to jurisdictions where it might contravene local laws or regulations, including but not limited to the USA, Cuba, Iraq, Myanmar, North Korea, Sudan, etc.
Registration Information and Regulatory Status:
According to publicly available information on the AI Trade Capital official website, its registered entity in Saint Lucia is Acqua Trading Solutions Ltd, with the registered address at Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia PO Box 838, Castries, Saint Lucia, and the company registration number is 2023-00471. The broker's official website claims that Digital Edge Acqua Trading Solutions Ltd is regulated by the Comoros Union Financial Services Authority, holding an international brokerage and clearinghouse license.
Upon verification, the international business company and international trust registry (ifc) in Saint Lucia can find the registration entity named Acqua Trading Solutions Ltd, with the registration number as 2023-00471. However, the regulatory information for the broker's license cannot be found with either the Anjouan Offshore Finance Authority (AOFA) or the Mwali International Services Authority (Comoros Union).
As of February 21, 2024, the broker has been registered for less than a year. Moreover, according to information found through Whois, the broker's official website domain name was registered on January 17, 2024.
Opening an Account:
To open an account with AI Trade Capital: visit the broker's official website, click on “REGISTER NOW” on the homepage or “Register” on the top-right corner of the webpage, enter the account registration page, fill in personal information such as name, email, etc., set a login password, and submit. Additionally, the ID of a referrer must be provided to submit the form.
Account Types:
The AI Trade Capital official website offers five different types of real trading accounts: Elite Account, Premier Account, Platinum Account, Ultimate Account, Quantum Account.
Elite Account:
- Minimum initial deposit: $10
- Maximum trading leverage: 1:500
- Commission: Zero
- Spread: Fixed at 1.5 pips
Premier Account:
- Minimum initial deposit: $500
- Maximum trading leverage: 1:500
- Commission: $10
- Spread: Raw spread
Platinum Account:
- Minimum initial deposit: $1,000
- Maximum trading leverage: 1:500
- Commission: Zero
- Spread: Fixed at 2.5 pips
Ultimate Account:
- Minimum initial deposit: $5,000
- Maximum trading leverage: 1:500
- Commission: Zero
- Spread: Fixed at 2.5 pips
Quantum Account:
- Minimum initial deposit: $10,000
- Maximum trading leverage: 1:500
- Commission: Zero
- Spread: Fixed at 2.5 pips
Trading Platform:
AI Trade Capital's official website claims to offer the MT5 trading platform. However, only an icon is provided on their website without a download link, and upon verification, the broker cannot be found on the MT5 platform.
Deposits and Withdrawals:
AI Trade Capital supports deposits and withdrawals through cryptocurrencies, e-wallets, and bank transfers.
Summary:
Traderknows reminds investors that AI Trade Capital is a forex brokerage firm that lacks effective regulation. Traderknows advises investors to choose brokers with transparent information, strong regulation, and good reputation for investment activities, in order to avoid unnecessary financial losses.
Currently, this brokerage is marked as "unregulated" on Traderknows.
