In our latest AIpro500 review, we explore the platform’s claims of providing opportunities to trade in various financial markets, including cryptocurrencies, Forex, and CFDs. We will examine whether these promises are trustworthy or if partnering with this broker could be a costly error for traders.
Is Aipro500 a Trusted Platform?
The company’s website claims it is a Swiss organization, even mentioning an address in Zurich. However, no document verifying their presence in this country is provided. Therefore, the validity of this information needs to be manually checked. Companies registered in Switzerland can be found on the official Zefix website, but there is no mention of Aipro500. This means that the so-called broker has no connection to Switzerland and does not officially exist.
The licensing situation is even more interesting. The company claims to have brokerage licenses from the FSRC, an organization located in Saint Kitts and Nevis. However, the FSRC website does not mention the broker Aipro500.
Even if the broker did have an offshore license, it would not be enough to provide services in Switzerland and the EU without additional documents, which this pseudo-broker does not have.
Concerned About Withdrawal?
Deposits can be made using bank cards, e-wallets, and crypto wallets. Banking details are not publicly available and do not become accessible even after registration in the personal account. It is unknown how long it takes for funds to appear in the account. The same applies to the withdrawal process. Funds can be withdrawn using the same method used for the deposit. For example, if a client deposited funds using a bank card, they can withdraw funds to the same card. However, the time frame for receiving the funds is not specified.
How Long Does The Broker Work?
The company’s website claims it has been operating since 2020. However, this information is not accurate. The Whois service reveals that the website has been active only since December 2023, meaning it is less than a year old.
This alone indicates that it is not worth dealing with this pseudo-broker, as an honest company would not deceive its clients. Attention! This review belongs to InvestExpertHub.
Other Signs of Fraud
âť—The minimum amount required to start trading is $2500. Licensed brokers typically allow trading to begin with as little as $10, an amount affordable for many.
âť—There is no information about the exact leverage size. Leverage size is crucial as it determines the level of risk in the financial market. The higher the leverage, the higher the risks.
âť—All Aipro500 reviews appeared no earlier than 2024, making the claimed four years of experience a lie.
Aipro500 Review Conclusions
It is not recommended to work with Aipro500 due to the high likelihood of financial loss. Moreover, the minimum amount to start trading is $2500. Considering the lack of registration and licensing, it is not advisable to invest money with this company.
âž•Attractive website design.
âž–False information about registration in Switzerland.
âž–No license.
âž–Unspecified leverage.
âž–False information about the duration of operations.
FAQ
How is Aipro500 regulated?
It is not regulated. There is no proof that the organization has any license.
Is it safe to work with this broker?
No, you are risking your money.
How can I get my money back?
It is best to contact law enforcement agencies. Chargebacks may not always resolve the issue. If the scammers are in another country, it will be very difficult to bring them to justice.
Brief Conditions
|
Type |
Forex |
|
Location |
Switzerland |
|
Establishment Year |
2023 |
|
Regulation |
❌ |
|
Customer Service |
+442037726956 |
|
Languages |
En, Ar, Es, Fr |
|
Demo Account |
❌ |
|
Mobile Trading |
âś… |
|
Web-based Trading |
âś… |
|
Bonuses |
❌ |
|
Minimum Deposit |
$2,500 |
|
Max. Leverage |
❌ |
|
Scalping Allowed |
âś… |