DAO1 (DAO1.ai) has been flagged by ASIC (Australia) for "Unlicensed". https://www.fma.govt.nz/library/unregistered-businesses/dao1/ This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: dao1.ai.
After since last summer with DAO1 (DAO1.ai) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: No hidden fees|Fast deposits|Economic calendar|Comprehensive tools
Cons: No integrated tax optimization|Spreads widen during volatile periods
Do not believe the bonus offer from DAO1 (DAO1.ai). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a friend recommended them and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Automated trading options|Detailed reporting
Cons: Email notifications too frequent|No live chat on mobile
DAO1 (DAO1.ai) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Dedicated account manager|Intuitive for beginners|Fast deposits|Low minimum deposit
Cons: Onboarding videos are outdated
I trusted DAO1 (DAO1.ai) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Fast execution|Fast deposits|High security standards
Cons: Wait times can be long during peak hours|Spreads widen during volatile periods
I had a dispute with DAO1 (DAO1.ai) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Economic calendar|Personal attention|Segregated accounts|Clean UI
Cons: No live chat on mobile
The so-called education at DAO1 (DAO1.ai) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for a few weeks now thinking they would help me learn.
Pros: Regular platform improvements|Instant funding
Cons: Limited cryptocurrency options
I lost a significant amount because DAO1 (DAO1.ai) 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: Excellent charting|Quick verification
Cons: Live chat only during business hours