Website: Aitradeaustralia.com
AiTrade Australia claims to offer “Cutting-Edge AI Trading Technology” that works around the clock with minimal user input. But is Aitradeaustralia.com legit or just another scam riding on buzzwords? Our in-depth review assesses the credibility, transparency, and background of this vendor.
Aitradeaustralia.com surfaced in late 2024, suspiciously close to the time when several now-defunct entities, namely FOREXEA PTY LTD (which operated MyAlfred), LUCRUM LOGIC SOLUTIONS PTY LTD, and iTechaus vanished from the internet. These companies were known for pushing questionable trading robots and charging exorbitant fees.
The software is described using typical marketing fluff:
In essence, the website repeats common phrases with little technical depth. Nothing disclosed is unique or demonstrates real innovation.
One of the biggest red flags is the complete lack of independent, third-party audited results. AiTrade Australia offers no performance statistics or verified metrics to back its claims. Also, there are no pricing details on the website—potential clients are pushed to contact them directly, which is concerning.
The contact form asks users if they want to "start now," which is believed to trigger immediate calls from their sales team. Based on past experiences with MyAlfred, these reps were known to use aggressive sales techniques and demand thousands of dollars for underperforming software—reported to rely on risky Martingale strategies.
Based on the evidence, the following can be concluded:
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