Trade Like Crazy Review – Investing Here Means Taking a Crazy Gamble

Artificial Intelligence has become an incredibly popular buzzword in the last few years. Various snake oil charlatans are trying to present it as a be-all end-all solution that can do anything, including earn you money.

In reality, AI technology in its current infant state is completely inadequate for any market application. Read more about online con schemes in our Trade Like Crazy review.

Broker status:	Unregulated Broker
Regulated by:	No license
Operating Status:	Active Ponzi scheme
Known Websites:	tlctrading.ai  app.tlctrading.ai
Blacklisted as a Scam by:	N/A
Owner:	Armen Sargasyan
Headquarters Country:	Armenia (alleged)
Foundation Year:	2024
Online Trading Platforms:	None
Mobile Trading:	No
Minimum Deposit:	$20
Deposit Bonus:	No
CFD Trading Option:	No
Crypto Asset Trading:	Yes – BTC, ETH, LTC
Available Trading Instruments:	Crypto
Maximum Leverage:	N/A
Islamic Account:	No
Free Demo Account:	No
Accepts US clients:	US clients are accepted
Global Fraud Protection Experts’ Verdict:	Ponzi schemes sell make-believes so stay away and invest with a safe and reliable company under regulatory supervision.

Legal Reasons for Avoiding this Scam

Established in one of the most loose areas in the financial regulatory sense, Trade Like Crazy broker claims to be established in Armenia by Armen Sargasyan. This anonymous individual introduces himself as an AI expert and a startup advisor, who also claims to have been an IBM executive director for more than 3 years.

“Legal” documents on the site, however, mention two companies: TLC Trading LLC and Trade Like Crazy. There’s no information if the broker holds any kind of license. There’s only half – believable information about the alleged company registration which, in reality, means nothing if the firm isn’t regulated, preferably by a Tier 1 authority like FCA, CNMV, BaFin or any other.

How Online Ponzis Function

The Trade Like Crazy scam does not actually advertise, since illegal entities try to keep their presence unnoticed by the authorities. Instead, they work through various intermediaries which act as boiler room agents for the firm.

These agents, with the help of the company’s own social network profiles on Instagram, Facebook, X and LinkedIn, work to create a false image for the firm. The story revolves around exceptional AI trading software that somehow generates profits out of thin air.

Much of the activity happens on Telegram, where multiple agents pretend to be customers of the firm, and shill the service to newcomers. This is something other swindlers like Delta Trend are known to do as well. If you have already invested with any of these faux platforms, consider booking a free consultation with our recovery experts.

Where Are the Victims From?

One of the common ideas, exploited by this scheme as well as others like MayFairPlus, is that the firm has been a successful business for years.

The tlctrading.ai site was created in March 2024, and so far there haven’t been any Trade Like Crazy reviews on popular platforms. Many of the scam victims live in these nations:

• Hungary
• Austria
• United States
• Serbia
• Trinidad and Tobago

Special Links for Registration

Current state of the website is such that it doesn’t allow new clients to sign up for an account. Existing members can still sign in, however. New clients have to either get a signup link from one of the social pages of the firm, promoters or contact support agents.

Once we somehow completed the sign up, the user area where we landed suggested these packages as available for purchase:

• Trial – $ 20
• Starter – $ 50
• Basic – $ 100
• Pro – $ 250
• Bronze – $ 500
• Silver – $ 1,000
• Gold – $ 2,500
• Platinum – $ 5,000
• Premium – $ 10,000
• Premier – $ 25,000
• Ultra – $ 50,000
• Galaxy – $ 100,000

Any Trade Like Crazy plan you decide to obtain can allegedly bring you profit between 15% and 30% per month on a time scale of up to 12 months.

Fake AI-Powered Trading Platform

Supposed key advantages of the Trade Like Crazy AI-based software is that it is safe, fast and minimizes the risks of loss. This is a web terminal, which, judging from the few screenshots on the site, doesn’t look anything different from simplistic web apps used by textbook scammers.

Once we entered the client zone, we didn’t manage to locate this magnificent yet mysterious software. It looks like it doesn’t even exist, which is most likely the case.

Insatiable for Crypto Assets

Trade Like Crazy crypto scam is focused solely on urging clients to invest in crypto. Furthermore, these charlatans claim to specialize in crypto arbitrage and blockchain technological solutions.

Therefore, the platform is only built and allegedly adjusted to trade for clients on volatile crypto markets. Except for BTC, ETH and LTC logos, we don’t even get to see if there’s any other digital currencies offered.

Insufficient Details About Fees

There’s a total of two fees ever mentioned by the company. Legal documents were unreadable and completely useless, so we relied on the information these swindlers promote.

For instance, the only known expense is the deposit fee of 1%, with the additional 1% that goes to the processor. On the other hand, the withdrawal fee also occurs and it sits at 2% minimum.

Ponzi Acts Through Affiliate Scheme

Nothing screams Ponzi campaign like referral program. This firm promises a bonus that matches the daily profit of each of your affiliates 5 levels deep:

• Level 1 – 10% bonus
• Level 2 – 7%
• Level 3 – 3%
• Level 4 – 2%
• Level 5 – 1%

Of course that these funds are treated as non-deposited capital and are not available for withdrawal, no matter what the cons tell you. Additionally, these may even be used to impose a trading volume requirement which ultimately prevents traders from withdrawing a single penny.

Scammers Don’t Pay

When it comes to the Trade Like Crazy withdrawal, it can allegedly be requested at any time and is processed within just 24 hours. Minimum payout amount is $30 via USDT.

Now, as promising as that sounds, it’s unreasonable to trust what financial criminals claim about profit and withdrawals. Considering they’re forcing clients to pay in digital currencies, it is evident that they’re keen to steal crypto coins and remain anonymous before the law.

We Can Help You Get Your Money Back

This Ponzi advertises an unmistakable AI solution that can allegedly generate high profits no matter what. Unfortunately, it’s all just a ruse to keep the money flowing.

Don’t let your money go to waste – book a free consultation with our expert team! You may reach us at any time via the live chat, and start a recovery procedure to have your investment returned.