Forex Brokers

Universal AI Trade (universalaitrade.com)

1.5 (15 reviews)
🇦🇺 Australia
Visit Website
1.5
15 reviews
5
0
4
0
3
0
2
7
1
8

About Universal AI Trade (universalaitrade.com)

Universal AI Trade (universalaitrade.com) has been flagged by Australian Securities and Investments Commission 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.

Customer Reviews

Write a Review

Phone line always busy

V
Vanessa O.
1 weeks ago

The mobile app from Universal AI Trade (universalaitrade.com) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.

Pros: Dedicated account manager|High security standards|Copy trading available

Cons: Research section could be deeper|No crypto staking

Analysts are anonymous

M
Max R.
2 weeks ago

My withdrawal from Universal AI Trade (universalaitrade.com) 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. for just over a year of being strung along.

Pros: Segregated accounts|Quick verification|Tax reports included|Detailed reporting

Cons: Nothing significant|Research section could be deeper

Charting is from 2010

P
Peter M.
3 weeks ago

I signed up with Universal AI Trade (universalaitrade.com) after comparing multiple platforms and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Intuitive for beginners|Dividend tracking|Wide product range

Cons: Could offer more webinars

Checked with regulators - they're not licensed

R
Robert B.
1 months ago

I was about to invest with Universal AI Trade (universalaitrade.com) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Australian Securities and Investments Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Not registered with regulators|Unrealistic promises

Zero accountability

M
Megan L.
1 months ago

Universal AI Trade (universalaitrade.com) 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|Market news feed

Cons: Minimum deposit could be lower

Please save yourself the headache

B
Brian V.
7 months ago

I requested my data from Universal AI Trade (universalaitrade.com) 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: Good mobile app|Competitive fees

Cons: Minimum deposit could be lower|Minor UI glitches occasionally

Closure fee on top of everything

R
Rebecca Z.
7 months ago

The platform itself is okay, but the customer service at Universal AI Trade (universalaitrade.com) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.

Pros: Multi-device support|Responsive team

Cons: Onboarding videos are outdated

Stay far away from this company

D
Diana M.
8 months ago

Tried to withdraw my funds from Universal AI Trade (universalaitrade.com) 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.

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Still waiting for my withdrawal

M
Max L.
9 months ago

The onboarding at Universal AI Trade (universalaitrade.com) 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: High security standards|Dividend tracking|Multi-device support

Cons: Limited demo account features

Regulator has warned about them

V
Vincent S.
9 months ago

I have been trying to close my account with Universal AI Trade (universalaitrade.com) 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: Detailed reporting|Portfolio tracking tools|Personal attention|Demo account available

Cons: No crypto staking