Trader Minds AI / tradebyai.org has been flagged by Swiss Financial Market Supervisory Authority for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I had a dispute with Trader Minds AI / tradebyai.org 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: Fast execution|Easy to use platform|Personal attention
Cons: Limited demo account features
Tried to withdraw my funds from Trader Minds AI / tradebyai.org 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: Cannot withdraw funds|Not regulated|Pressure tactics
Trader Minds AI / tradebyai.org 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: Detailed reporting|Market news feed|Educational resources
Cons: Mobile app could be improved|No phone support on weekends
I wanted to transfer my portfolio from another broker to Trader Minds AI / tradebyai.org. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Great customer service|Comprehensive tools|Fast support response|Fast execution
Cons: Mobile app could be improved|Alert system is basic
After seeing ads for Trader Minds AI / tradebyai.org online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Swiss Financial Market Supervisory Authority. 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 Swiss Financial Market Supervisory Authority|Cannot verify credentials