Aittrade24

Aittrade24 Review – Legit Trading Platform or Scam?

Writer AC

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Summary:

Aittrade24 Broker claims to offer online trading in forex, crypto, or CFDs. However, users have reported issues such as withdrawal delays, unclear regulation, and hidden fees. This review checks whether Aittrade24 Broker is safe or a potential scam.

About Aittrade24 Broker

  • Website: http://aittrade24.com/

  • Address: NA

  • Regulatory Warning: Not warned by any regulator

  • Domain Blacklist Status: It seems there is no direct mention of this domain being on a blacklist. 

Before investing, confirm that this broker is licensed by a recognized financial authority.

Aittrade24, promoted as an AI-powered forex and CFD broker, has drawn serious regulatory attention due to its lack of proper oversight. Despite its claims, recent actions by a major European regulator have raised concerns about its legitimacy.

Regulatory Action by CONSOB

On October 1, 2025, the Italian Companies and Exchange Commission (CONSOB) issued an official resolution against Aittrade24. The regulator determined that Aitrade24 was:
  • Offering investment services to the Italian public without authorization
  • Performing financial activities without proper licensing
  • Operating outside the scope of applicable Italian financial laws
This action orders Aitrade24 to stop its violations immediately, effectively restricting its ability to offer services to customers in Italy.

Claims vs. Reality

Aittrade24 markets itself as a trustworthy brand of CFD brokerage services. According to its own materials:
  • It is operated by Altcoin Trader (PTY) Ltd.
  • It claims regulation by the Financial Sector Conduct Authority (FSCA) of South Africa.
However, verification of these regulatory claims has not been confirmed by major oversight bodies.

Trustpilot and User Ratings

On Trustpilot, Aittrade24 holds a low rating of 2.4, indicating widespread dissatisfaction among reviewers. Common feedback points include:
  • Issues with withdrawals
  • Poor customer support
  • Discrepancies between advertised and actual services
Investors are advised to exercise caution and verify regulations before engaging with brokers like Aitrade24. Proper oversight is critical for financial safety and transparency.

Is Aittrade24 Broker Regulated?

Regulation is the key sign of a trusted broker.
Aittrade24 Broker does not show proof of regulation from major bodies such as FCA, ASIC, CySEC, or FINMA.
Unregulated brokers can operate without supervision, making your funds unsafe.

Common Red Flags

If you notice these signs, proceed with caution:

  1. Missing Regulation: No valid license or unverifiable claims.

  2. Withdrawal Problems: Delayed or denied payouts, hidden bonus conditions.

  3. Hidden Charges: Extra fees for withdrawals, inactivity, or account closure.

  4. Deposit Pressure: Repeated calls or messages to invest more money.

  5. Fake Reviews: Generic 5-star reviews, while negative feedback is removed.

Even one of these red flags can be a serious warning.

Safety Checks Before You Deposit

Follow these quick checks to protect your funds:

  • Verify the License: Confirm the broker’s registration on official regulator websites.

  • Read Withdrawal Terms: Watch for restrictions or hidden fees.

  • Contact Support: Test response time and clarity.

  • Use a Demo Account: Compare demo and live trading performance.

  • Start Small: Deposit a small amount and test a withdrawal first.

  • Read Independent Reviews: Check reliable forums or third-party sites.

Why Regulation Matters

Regulated brokers must:

  • Keep client funds in separate accounts

  • Offer dispute resolution options

  • Submit to regular financial audits

Unregulated brokers are not bound by these rules, putting investors at high risk of loss.

Final Verdict: Is Aittrade24 Broker a Scam?

Based on reports and checks, Aittrade24 Broker shows several risk indicators. The lack of verified regulation and user complaints raise serious doubts about its credibility.

Avoid depositing large amounts until full verification is confirmed. Always choose licensed, transparent brokers that comply with financial regulations.

FAQs

1. Is Aittrade24 Broker safe to use?

No verified license or regulator listing means it is not safe for investors.

2. How can I verify if Aittrade24 Broker is regulated?

Search for the broker’s name on official regulator websites such as FCA, ASIC, or CySEC.

3. What should I do if Aittrade24 Broker doesn’t let me withdraw?

Stop depositing, document all communication, and contact a recovery service like Report Scam.

4. Can I get my money back?

In some cases, yes. Fund recovery through chargebacks or legal reporting may be possible.

5. How can I avoid trading scams?

Always check for regulation, read user reviews, and start with small test deposits before investing heavily.

Need Help Recovering Funds?

If you lost money to Aittrade24 Broker or a similar trading platform, Report Scam can help you take action.

We provide:

  • Step-by-step guidance to report fraud

  • Help collecting and organizing transaction evidence

  • Support in exploring chargebacks and recovery options

Contact us today for a free consultation and learn how to reclaim your funds.

Your path to justice begins here—our team is committed to supporting individuals affected by financial misconduct. Read about Chargebacks

To read more about Scam Brokers and their Reviews, Visit Scam Brokers Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.

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