Beware! AIstrategyoption is an offshore broker! Your investment may be at risk.

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AIstrategyoption provides us with no good reason to believe the claims that this represents a well-established forex broker serving hundreds of thousands of satisfied customers. Even a cursory inspection reveals a lack of basic attributes of a legitimate financial services provider. In this review, we will point out the clues that AIstrategyoption is a scam and direct you to more credible alternatives for investing in the financial markets.

AIstrategyoption Regulation and safety of funds

Guaranteed FundsSegregated AccountsNegative balance protection
AIstrategyoption
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

When you visit the website of a legitimate broker you can expect to find clear and detailed information about the company that owns and operates it, where it is based and what regulatory regimes it is subject to. Licensed financial services providers are also required to provide a comprehensive set of legal documentation.

On the website, we see an incomplete contact address in the United States, one of the most tightly regulated jurisdictions in the world.

To operate as a forex broker in the United States, a company must be registered as a futures commission merchant and foreign exchange dealer with the Commodity Futures Trading Commission (CFTC) and to be a member of the National Futures Association (NFA). But on checking the relevant registers we find no trace of the company AIstrategyoption Ltd which is listed as the owner of this website.

If you intend to invest in financial instruments, you should beware of the many fake brokers lurking online. Always check carefully whether the broker you choose really has the necessary licences. There are numerous benefits to working with a company that is truly authorised and supervised by a regulatory institution such as the CFTC in the US, Australian Securities and Exchanges Commission (ASIC), UK’s Financial Conduct Authority (FCA) or some EU regulator like Cyprus Securities and Exchange Commission (CySEC).

Clients of these brokers receive protections such as negative balance protection and segregation of the client’s funds from the broker’s funds.  In the EU and the UK, brokers must also participate in guarantee schemes that cover a certain amount of the trader’s investment if the broker becomes insolvent. These guarantees amount to up to 20 000 EUR in the EU and 85 000 GBP in the UK. However, the likelihood of such a bankruptcy is low because regulators also have significant net capital requirements that companies must maintain – EUR 730 000 in UK and Cyprus, AUD 1000 000 in Australia and at least 20 million USD in the United States.

AIstrategyoption Trading software

Analytical toolsAuto tradingCustom indicatorsMobile apps
AIstrategyoption platform
MT430+ indicatorsAndroid and iOS
MT550+ indicatorsAndroid and iOS
cTrader40+ indicatorsAndroid and iOS

One indisputable proof that AIstrategyoption is a scam is that this alleged broker does not offer any trading software. All we see on the website’s dashboard are simple charts with current Bitcoin prices that have no trading functionality.

But even if AIstrategyoption had a more convincing platform, that would not make this website credible. Fake brokers use rigged trading software to mislead their victims that their money is really being invested. But this trade is entirely sham.

Legitimate brokers offer clients a wide selection of trading software, including desktop, mobile apps and web-based platforms. The most widely used platforms in the industry are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms have established themselves as industry standard because they offer a wide range of features, including a variety of options for customization, multiple account usage, designing and implementing custom scripts for automated trading and backtesting trade strategies.

AIstrategyoption Trading instruments

CurrencyStocksIndicesCryptoCommodities
AIstrategyoption
XMYesYesYesNoYes
FBSYesYesYesYesYes
FXTMYesYesYesYesYes

Genuine forex brokers provide detailed information about the trading conditions. Legitimate companies also offer different account types to suit clients with different experience, capital and investment intentions.

After registration in AIstrategyoption, we get access to a list of account types, whose descriptions contain no specific information about the trading parameters.

AIstrategyoption Spreads and cost of trading

AIstrategyoptionXMFBSFXTM
Spread EURUSD0.611.1
Spread GBPUSD1.31.21.4
Spread USDJPY1.31.21.4

AIstrategyoption  obviously offers no real trading given the lack of trading software. Nowhere are commissions, fees and spreads specified.

AIstrategyoption Maximum leverage

ForexStocksCryptoGoldIndices
AIstrategyoption
UK regulated brokers30:15:110:110:1
EU regulated brokers30:15:12:110:110:1
AU regulated brokers30:15:12:110:110:1
US regulated brokers50:1

High leverage creates the opportunity for more significant profit, but correspondingly increases the risk of sudden and excessive losses. All leading regulators therefore restrict leverage for retail traders.

Regulated brokers offer higher leverage only to professional clients who must meet very high standards for capital and experience and forgo the guarantees enjoyed by retail traders.

If you don’t qualify as a professional trader but are willing to take the risk of high-leverage trading, the most viable option is to use the services of an offshore affiliate of an established brand.

AIstrategyoption Deposit and withdrawal methods

Deposit timeWithdrawal timePrice
Bank wire2-5 business days2-5 business days$25+
Crypto24 hours24 hoursFee depends on crypto

AIstrategyoption allows deposit of funds via cryptocurrencies and obscure payment processors such as Zelle. Legitimate brokers typically offer clients a wide choice of transparent payment methods, including bank transfer, credit/debit cards and established e-wallets such as PayPal, Skrill or Neteller.

AIstrategyoption Minimum deposit

AIstrategyoptionXMFBSFXTM
Minimum deposit$4600$5$10$5

AIstrategyoption requires a minimum investment of 4,600 USD. You should know that with a sum of 5-50 USD you could open a trading account with a licensed broker, including the leading brands in the industry.

AIstrategyoption Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
AIstrategyoptionNot specifiedNot specifiedNot specified
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo

Since AIstrategyoption does not provide proper legal documentation, it is unclear what traps the fraudsters may have set. Typically, fake brokers make withdrawing money impossible through huge fees and impossible-to-fulfil traded volume conditions.

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