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Robot AI Trading: A Scam to Avoid
Protect your money and stay away from Robot AI Trading, a fraudulent company that has been repeatedly warned by the Securities Commission Malaysia (SC). This unregulated broker promises unrealistic profits but has a history of misleading investors and disappearing with their funds. Don't fall victim to their deceptive tactics.

Operating status: SCAM

Website: https://midarobot.cc/

Broker violations and abnormal records
  • 2021-12-31 The Securities Commission Malaysia (SC) Added ​Robot AI Trading into Its Investor Alert List

    In 2022, The Securities Commission Malaysia (SC) issued a warning against Robot AI Trading that this firm may possibly be a clone operating an illegal investment scheme and carrying on unlicensed capital market activities of dealing in securities. According to the SC, in attempt to deceive unsuspecting investors and evade regulatory fraud warnings, this broker often changes its name. It has previously operated under names such as Pelaburan Mara Trading, 29Mara Trading 06, and Amara Investments Berhad. Now it's current name is Robot AI Trading. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list

    In 2022, The Securities Commission Malaysia (SC) issued a warning against Robot AI Trading that this firm may possibly be a clone operating an illegal investment scheme and carrying on unlicensed capital market activities of dealing in securities. According to the SC, in attempt to deceive unsuspecting investors and evade regulatory fraud warnings, this broker often changes its name. It has previously operated under names such as Pelaburan Mara Trading, 29Mara Trading 06, and Amara Investments Berhad. Now it's current name is Robot AI Trading. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list
  • 2023-02-13 BrokersView has Reviewed that ​Robot AI Trading is an Unregulated Broker

    Robot AI Trading claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. 

    The Securities Commission Malaysia (SC) issued a warning that Robot AI Trading was providing finacial services or products without authorisation.

    The truth is that Robot AI Trading is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    Robot AI Trading claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. The Securities Commission Malaysia (SC) issued a warning that Robot AI Trading was providing finacial services or products without authorisation.The truth is that Robot AI Trading is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Related Complaints

Q&A Complaints

is Robot AI Trading a scam?

Aswin Gilmour
Seychelles
2023-10-10
ANSWER Yes, Robot AI Trading is a scam.Robot AI Trading claims to be legally registered with the Malaysia Securities Commission (SC). However, the SC denied that claim. The Malaysian financial watchdog added Robot AI Trading to its Investor Alert List in 2022 for carrying on unlicensed capital market activities of fund management and misleading investors with a fake SC license number.Therefore, we strongly suggest you do not have further dealings with Robot AI Trading. It is a fraudulent platform with substantial risks of fraud and identity theft. Please report it to the local police and relevant financial regulators.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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