SynTrader +200 AI has been flagged by Financial Conduct Authority 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. Website domain: www.syntrader200ai.net.
I joined SynTrader +200 AI after comparing multiple platforms and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Educational resources|Regular updates
Cons: Would like more payment methods|No fractional shares
For anyone considering SynTrader +200 AI, 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.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
I had high hopes for SynTrader +200 AI after seeing their ad online, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Instant funding|Portfolio tracking tools|Regular updates|Professional team
Cons: Desktop app not available on Linux|Some tools only available on higher tiers
SynTrader +200 AI advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Responsive team|High security standards|Regular updates
Cons: Wait times can be long during peak hours
Do not be fooled by the professional-looking website. Behind the scenes, SynTrader +200 AI is disorganized and incompetent. I found them when my bank disappointed me and I searched for alternatives and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Clean UI|Responsive team|Automated trading options
Cons: Live chat only during business hours|No integrated tax optimization
Tried to withdraw my funds from SynTrader +200 AI and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Initially responsive customer service
Cons: No regulatory oversight|Money disappeared|Fake testimonials
My withdrawal from SynTrader +200 AI 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. since the beginning of the year of being strung along.
Pros: Fast deposits|Helpful community forum
Cons: Slow to add new assets
The hidden fees at SynTrader +200 AI are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Stable platform|Segregated accounts
Cons: Nothing significant
My card was charged twice by SynTrader +200 AI on the same day. I had to dispute it with my bank. SynTrader +200 AI then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Multiple order types|Fast deposits|Economic calendar|Competitive fees
Cons: Website design could be more modern
I lost a significant amount because SynTrader +200 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: Easy withdrawals|Clean UI|Social trading features
Cons: Limited demo account features|Inactivity fee applies after 12 months