Paragonix Trader AI has been flagged by Commissione Nazionale per le Società e la Borsa for "Unregistered/Unlicensed entity offering financial products or services|Regula...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I have been trying to close my account with Paragonix Trader AI for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Easy to use platform|Tax reports included|Portfolio tracking tools
Cons: Research section could be deeper|No live chat on mobile
I lost a significant amount because Paragonix Trader 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: Segregated accounts|Excellent charting|Tax reports included
Cons: No phone support on weekends
For anyone considering Paragonix Trader AI, please be aware that this company has been flagged by Commissione Nazionale per le Società e la Borsa. 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: Flagged by international regulators|Due diligence required
The platform at Paragonix Trader AI is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about ten months of dealing with this, I have had enough.
Pros: Low minimum deposit|Demo account available|Great customer service|Multi-device support
Cons: No fractional shares|Inactivity fee applies after 12 months
Paragonix Trader AI seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Fast deposits|Real-time alerts|Full transparency|Customizable dashboard
Cons: Limited ETF selection
Do not believe the bonus offer from Paragonix Trader AI. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited from a review site like this one 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: Nothing significant|Limited demo account features
I was contacted by Paragonix Trader AI through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Professional looking website
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
After spending for about three months trying to make Paragonix Trader 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: Quick verification|Competitive fees|Great customer service|Dividend tracking
Cons: Limited demo account features
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Paragonix Trader AI said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Segregated accounts|Clean UI
Cons: Search feature is basic
After seeing ads for Paragonix Trader AI online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Commissione Nazionale per le Società e la Borsa. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Flagged by Commissione Nazionale per le Società e la Borsa|Cannot verify credentials