Aicoinstrade has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
My withdrawal from Aicoinstrade was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for close to eighteen months of being strung along.
Pros: Clean UI|Transparent fees|Regular updates|Fast deposits
Cons: Spreads widen during volatile periods|Limited demo account features
The onboarding at Aicoinstrade was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Social trading features|Intuitive for beginners
Cons: Withdrawal takes 1-2 business days
I found Aicoinstrade from a review site like this one and the initial impression was positive. But for roughly four months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Social trading features|Multiple order types
Cons: Currency conversion fee exists
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Aicoinstrade has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Not registered with regulators|Unrealistic promises
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Aicoinstrade recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Full transparency|Two-factor authentication
Cons: Cannot customize dashboard fully|Alert system is basic
I referred a friend to Aicoinstrade after reading several online reviews. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: No hidden fees|Multiple order types|Multi-currency support|Smooth onboarding
Cons: Onboarding videos are outdated|No crypto staking
I looked into Aicoinstrade and found they appear in the regulatory warnings database. Financial Conduct Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Pros: Information is publicly available for verification
Cons: Flagged by international regulators|Due diligence required
KYC with Aicoinstrade is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Quick verification|Demo account available|Two-factor authentication
Cons: Limited social trading features
I invested $3,500 with Aicoinstrade after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Conduct Authority.
Cons: No regulatory oversight|Money disappeared|Fake testimonials