Score

1.49 /10
Danger

AI

Hong Kong

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 10

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.88

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Warning

SG MAS
2021-02-24

Broker Information

More

Company Name

AISITE SERVICES LIMITED

Company Abbreviation

AI

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
    AI · Company summary

    AISITE Information

    AISITE is an unregulated brokerage company registered in the United Kingdom. This firm boasts of its wide selection of investment choices and its user-friendly platform. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.

    AISITE Information

    Pros and Cons

    Pros Cons
    Wide selection of investment optionsNo valid regulatory certificates
    Leverage is up to 1:500Only one standard account type
    User-friendly platform (MT4)Lack of detailed information on customer service
    Global stocks available

    Is AISITE Legit?

    AISITE currently does not hold any valid regulatory certificates. Although it is incorporated in the United Kingdom, it lacks regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.

    Is AISITE Legit?

    What Can I Trade on AISITE?

    AISITE boasts of its rich trading variety. This firm offers 4 active trading asset classes:

    • Forex
    • Metals: gold and silver
    • Oil: London IntercontinentalExchange Brent and New York Mercantile Exchange (WT) crude oil
    • Stocks: including Hong Kong HangSeng, Nasdaq, Dow Jones, S&P 500, Frankfurt DAX,London Financial Times 100, Paris, France, CAC40

    If you're looking for ETFs, cryptocurrencies, or futures, you need to find another brokerage. But if you are focused on forex trading, oil,or stock trading, it could be a good fit. It all depends on your goals and your needs. This firm also offers leverage option, which is up to 1:500.

    Tradable Instruments Supported
    Forex
    Metals
    Oil
    Stocks
    Bonds
    Crypto
    ETFs
    Futures
    What Can I Trade on AISITE?

    Account Types

    Brokerages can offer multiple account tiers for investing. The tiers you're in can determine what features or benefits you have access to and what you'll pay. With AISITE you can just open one standard brokerage account, with no tiers. In a way, that's a good thing. Because you are not penalized when it comes to fees. Some brokerages that tier accounts charge a higher fee at the lower tier. The only way to reduce the cost is to invest more money.

    Overall, AISITE could be a good fit if you're a beginning investor without a lot of money to get started. Of course, there are other factors you need to consider before you open a brokerage account with any firm.

    Account Types

    Trading Platform

    The popular MT4 platform is available with this firm. You can apply PC and mobile devices to download on its website. Its main features include high speed trading (up to 50 ms), technical indicators, automated trading and risk control.

    Trading Platform

    The Bottom Line

    Opening an online brokerage account can be an easy way to start investing. But all brokerages aren't created equally. Most excellent brokerages not only give you more investment choices, but also present you more routes to achieve your goals. AISITE is not a trusted broker because it is not regulated by a financial authority with strict standards. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.

    FAQs

    Is AISITE safe?

    AISITE is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.

    What are the account options at AISITE?

    AISITE only provides one standard live account.

    Does AISITE offer leveraged trading?Yes, AISITE provides leverage trading. Leverage is up to 1:500.

    Risk Warning

    Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.

    User Reviews

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    User comment

    3

    Comments

    Write a review

    EddieWu
    more than one year
    I am quite sure that I won’t use this broker after seeing so many negative reviews. I almost trusted it when one of friends on some social media platforms recommend it to me.
    I am quite sure that I won’t use this broker after seeing so many negative reviews. I almost trusted it when one of friends on some social media platforms recommend it to me.
    Translate to English
    2023-03-01 10:39
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    FX1087398061
    more than one year
    AI is a scam company! Stay away! Their trading platform can no longer be used, no withdrawals can be made, the official website cannot be accessed, and customer service cannot be contacted. Oops!
    AI is a scam company! Stay away! Their trading platform can no longer be used, no withdrawals can be made, the official website cannot be accessed, and customer service cannot be contacted. Oops!
    Translate to English
    2022-12-01 10:18
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