SUNLIT TRADING ARTIFICIAL INTELLIGENCE TRADING COMPANY has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". Firm states on website they are registered with The FCA when not - Breach of s24 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.sunlittrading.com.
After spending since I opened my account last year trying to make SUNLIT TRADING ARTIFICIAL INTELLIGENCE TRADING COMPANY 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: Transparent fees|Customizable dashboard|Market news feed
Cons: Could offer more webinars
For anyone considering SUNLIT TRADING ARTIFICIAL INTELLIGENCE TRADING COMPANY, please be aware that this company has been flagged by Financial Conduct Authority. 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.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status
After doing some research AFTER the fact (I know, I should have done this first), I discovered that SUNLIT TRADING ARTIFICIAL INTELLIGENCE TRADING COMPANY 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.
Cons: Blocked my account|No legitimate license|Fake returns
Customer support at SUNLIT TRADING ARTIFICIAL INTELLIGENCE TRADING COMPANY 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: Fast deposits|Transparent fees
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 SUNLIT TRADING ARTIFICIAL INTELLIGENCE TRADING COMPANY 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.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I requested my data from SUNLIT TRADING ARTIFICIAL INTELLIGENCE TRADING COMPANY under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: No hidden fees|Real-time alerts
Cons: No dark mode on mobile|Limited social trading features
Where do I even begin with SUNLIT TRADING ARTIFICIAL INTELLIGENCE TRADING COMPANY? for over three years of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Multiple order types|Helpful community forum
Cons: Slow to add new assets|Limited ETF selection
SUNLIT TRADING ARTIFICIAL INTELLIGENCE TRADING COMPANY changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Dedicated account manager|Multi-currency support|Fast deposits
Cons: Minor UI glitches occasionally
I was about to invest with SUNLIT TRADING ARTIFICIAL INTELLIGENCE TRADING COMPANY but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials