Easy Bit AI has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Easy Bit AI found at www.easybit.ai is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After spending since I retired last year trying to make Easy Bit AI 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: Smooth onboarding|Dividend tracking
Cons: Some tools only available on higher tiers
The onboarding at Easy Bit AI 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: Market news feed|Detailed reporting|Automated trading options
Cons: No live chat on mobile
Easy Bit AI had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Clean UI|Educational resources|Segregated accounts
Cons: Some tools only available on higher tiers|None so far
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Easy Bit AI 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: Flagged by Ontario Securities Commission|Cannot verify credentials