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Operating status: SCAM
Website: https://www.aiinnovativetrade.ltd/

On June 2, 2023, the Financial Conduct Authority (FCA) issued a warning against AIINOVATIVETRADE, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/aiinovativetrade
AIINOVATIVETRADE claims to be legally registered in New Zealand under NZBN 6127967. While we did find a company in the New Zealand Companies Register under the number, the company is named Anthony Ian Gilbert Limited and we find no evidence to support the association between the AIINOVATIVETRADE and the registered company, raising doubts about the broker's authenticity. This is a red flag. Furthermore, the Financial Conduct Authority (FCA) has issued a warning against AIINOVATIVETRADE, stating that this firm operates without proper authorization.
In essence, AIINOVATIVETRADE is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
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