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ProTraderAI

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Operating status: SCAM

Website: https://www.protraderai.com/

Broker violations and abnormal records
  • 2023-08-02 The OSC issues a warning against ProTraderAI

    On August 3, 2023, the Ontario Securities Commission (OSC) issued a warning against ProTraderAI, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/protraderai

    On August 3, 2023, the Ontario Securities Commission (OSC) issued a warning against ProTraderAI, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/protraderai
  • 2023-08-03 BrokersView has reviewed that ProTraderAI is an unregulated broker

    ProTraderAI claims to be registered in Isle of Man, an offshore financial center, and hence it doesn't have reliability as much. It doesn't provide any other information related to its regulatory status, a scam indicator.

    Additionally, the Ontario Securities Commission (OSC) has issued a warning against ProTraderAI, stating that this broker is not registered in Ontario to engage in the business of trading in securities.

    In essence, ProTraderAI is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    ProTraderAI claims to be registered in Isle of Man, an offshore financial center, and hence it doesn't have reliability as much. It doesn't provide any other information related to its regulatory status, a scam indicator.Additionally, the Ontario Securities Commission (OSC) has issued a warning against ProTraderAI, stating that this broker is not registered in Ontario to engage in the business of trading in securities.In essence, ProTraderAI is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

I want to know whether ProTraderAI is regulated or not. Thank you!

Rayn M
Palau
2023-08-28
ANSWER ProTraderAI is not regulated.ProTraderAI claims to be registered in Isle of Man, an offshore financial center, and hence it doesn't have reliability as much. It doesn't provide any other information related to its regulatory status, a scam indicator.Additionally, the Ontario Securities Commission (OSC) has issued a warning against ProTraderAI, stating that this broker is not registered in Ontario to engage in the business of trading in securities.Therefore, BrokersView has come to the conclusion that ProTraderAI is a scam. Entrusting this platform with investors' funds and personal information is highly risky, as there are no rules in place to safeguard them. It is advisable for investors to stay away from unlicensed brokers like ProTraderAI and instead choose a fully regulated one.
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