API INU (apiinu.com) has been flagged by Australian Securities and Investments Commission 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.
I lost a significant amount because API INU (apiinu.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Personal attention|Reliable uptime
Cons: Limited social trading features|None so far
Do not believe the bonus offer from API INU (apiinu.com). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through word of mouth in my investment club and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Copy trading available|Excellent charting|Real-time alerts
Cons: Limited ETF selection|Currency conversion fee exists
For anyone considering API INU (apiinu.com), please be aware that this company has been flagged by Australian Securities and Investments Commission. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
After spending for about three months trying to make API INU (apiinu.com) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Good analytical tools|Regular platform improvements
Cons: Alert system is basic
I experienced a security concern with my API INU (apiinu.com) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Helpful community forum|Wide product range|Easy withdrawals|Real-time alerts
Cons: Account statements could be more detailed
After doing some research AFTER the fact (I know, I should have done this first), I discovered that API INU (apiinu.com) is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
My withdrawal from API INU (apiinu.com) 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 a few weeks now of being strung along.
Pros: Intuitive for beginners|Dividend tracking|Copy trading available
Cons: No live chat on mobile|No phone support on weekends
Several red flags with API INU (apiinu.com): (1) They promise unrealistically high returns, (2) They're not registered with Australian Securities and Investments Commission, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises
If you are reading this considering API INU (apiinu.com) - run. I wish I had read more negative reviews after a friend recommended them. I thought the positive ones were real. Maybe some are. My experience over for a few weeks now has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Risk management tools|Clear documentation|Good analytical tools|Transparent fees
Cons: No fractional shares
Customer support at API INU (apiinu.com) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Reliable uptime|Segregated accounts|Economic calendar|Two-factor authentication
Cons: Some tools only available on higher tiers