ANSWER AI Trade is currently operating without the necessary licenses.This trading platform claims to be based in the US, yet it does not comply with US laws. It is not a registered member of the National Futures Association (NFA), rendering its services illegal within this country.Furthermore, it conducts unauthorized investment activities in Spain, which has led the Spanish financial regulator, the Comisión Nacional del Mercado de Valores (CNMV), to include it in its warning list.Considering these red flags, it is strongly recommended to avoid trading with AI Trade. The lack of regulatory safeguards exposes individuals who trade with it to risks such as fraud and identity theft. It is highly advisable to opt for fully regulated brokers with established reputations.
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