ANSWER No, TradeAI Group is not a secure option for investors due to its unlicensed status.While the broker claims to be based in Cyprus, there are no indications that it is licensed by the Cyprus Securities and Exchange Commission (CySEC). Furthermore, the Belgian Financial Services and Markets Authority (FSMA) has added TradeAI Group to its warning list as a fraudulent trading platform. This is a red flag for potential fraudulent activities.Given these facts, we strongly suggest investors stay away from TradeAI Group to avoid falling victim to fraud schemes. To reduce such risks, it is prudent to opt for fully regulated brokers instead.
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