Tradelly AI Review – Cons Supported by Notorious False Regulator

Supported by a fictitious regulatory body and dispute resolving organization, Crypto Conduct Authority, the Tradelly AI scam has already defrauded a number of victims.

By leading their targets to believe they’re a reputable Forex dealer, cons operating the website mercilessly rob unsuspecting investors. The truth about this fraudulent scheme is revealed in the following Tradelly AI review.

Broker status:	Unregulated Broker
Regulated by:	No License
Operating Status:	Active Online Trading Sham
Known Websites:	tradelly.ai
Blacklisted as a Scam by:	N/A
Owner:	N/A
Headquarters Country:	Switzerland (alleged)
Foundation Year:	2023
Online Trading Platforms:	Web platform
Mobile Trading:	Not available
Minimum Deposit:	€500
Deposit Bonus:	Up to 100%
CFD Trading Option:	Yes, you can trade CFDs
Crypto Asset Trading:	Yes – BTC, BNB, ETC
Available Trading Instruments:	Forex, Crypto, Shares, Commodities, Indices
Maximum Leverage:	1:50
Islamic Account:	Not available
Free Demo Account:	Not available
Accepts US clients:	US clients are accepted
Global Fraud Protection Experts’ Verdict:	Refrain from investing with unlicensed entities. For recovery help, contact our legal team.

Far From Legal and Legit

The anonymous entity claims to be operating from Switzerland, under the Crypto Conduct Authority permit.

Since the only financial watchdog in Switzerland issuing Forex licenses is actually FINMA, that’s where we checked if this firm is registered. No entries were found for Tradelly AI broker.

Furthermore, the mentioned false regulator has had their page removed, as their official domain was cryptoconductauthority.com. Fintelegram has already written about illicit Forex operators collaborating with this fake regulatory entity that helps them appear legit.

The situation couldn’t be clearer: the firm is unregulated, doesn’t provide proper fund safety, segregated accounts or negative balance protection. Much like the notoriously fraudulent ExpertOption, we’d say.

Deceptive Online Content

We’re seeing an abundance of different fake content online that forwards the fraudsters’ agenda. Paid Tradelly AI reviews can be seen all over the net, be it through different shady websites or on trusted platforms like TrustPilot.

Notice how all of the ratings vary between 4 stars and 4.2 in an effort to make these paid advertisements seem organic and spontaneous. The people behind the con circle are trying very hard to cover up the fact that they are running an illicit business.

Phone Harassment

The fraud relies on a comprehensive strategy to get their victims to deposit. The misleading online content is just one layer of deceit, with different social network profiles on Facebook and Instagram playing another key role.

It makes the firm seem trustworthy, so that the boiler room agents have a good foundation. Armed with deceit, they pester people by phone or WhatsApp, following a predetermined script.

Many of the fraud victims report outright harassment by phone, lasting for days on end and even happening during the night. Many of these people have already cracked under the pressure. The lost money can still be recovered with the help of our professionals.

Hidden Domain Data

All of the important information found in the WhoIs register is redacted for privacy. This makes it difficult to pinpoint exactly when the tradelly.ai website was launched.

The first time there was enough traffic for the site to become noticeable was in October 2023, however. The mentioned traffic originated in these regions:

• United Kingdom

• Netherlands

• Belgium

• Australia

Questionable Platform Reliability

Strangely enough the company allows website visitors to preview the platform, although without the option to test its functions. We weren’t breath taken by what we saw, as the simplistic and rudimentary Tradelly AI WebTrader is all we found.

This basic look and simplified design encourage novices to wrongly perceive investing as something easy and simple. That sort of view can turn out to be devastatingly damaging to the trader’s budget.

Modest Asset Offer

The several most common financial products groups are found in the trader itself, which isn’t much considering a high Tradelly AI minimum deposit. Here’s some products examples:

• Stocks – H&M, Heineken, Turkcell
• Crypto – BNB, BTC, ETH, LUNA
• Currencies – EUR/USD, USD/AUD, EUR/CHF
• Indices – DOW, DAX, CAC, IBEX
• Commodities – Silver, Gold, Coffee

Generic Lies About Features

As is common practice among financial cons, these miscreants also claim to provide free signals, account managers, vip support, and bonuses.

Beware, as none of these promises are real, they’re just marketed in such a way that would justify these abysmal Tradelly AI account types prices:

• Basic – €500
• Bronze – €10.000
• Silver – €50.000
• Gold – €100.000
• VIP – €250.000

Unreasonable Trading Terms

No Swiss brokerage brand would ever be able to offer leverage of 1:50 if they were properly regulated and supervised. The EEA leverage ratio is capped at 1:30. Furthermore, the severe lack of honesty when it comes to costs is another warning sign.

The fees are never openly stated, and the firm only declares to charge a $49 fee for deposits lower than €500. Moreover, clients are notified that they’re completely in charge of paying whatever fees the company may demand.

Deposit Bonus

Available cash rewards can go up to 100% per deposit and depending on the account type you decide to buy. Of course, this feature is heavily abused to prevent users from cashing in profits.

To withdraw your bonus, you will be asked to perform a trading volume of at least 30 times for each €1 bonus.

Transactions Pose a Danger

Out of all the advertised financial channels, only the bank cards are actually accepted. This points to another danger involved with this particular broker.

With the information obtained from the alleged KYC and credit card details on hand, the fraudsters can clean your bank balance and rob you blind!

Tradelly AI withdrawal is said to be available through bank wires and bank cards, but without a clearly defined payout policy, this info is not reliable. Many clients already complain about denied payouts, so it will take legal action to get the money out.

Get Your Money Back From an Online Fraud!

Any aspect of business with this firm poses a different type of danger. The charlatans behind the scheme use it for phishing, theft and identity misappropriation purposes. This company exemplifies the reasons why you should avoid unlicensed brokers.

Most of the time, financial losses from online frauds like this one or Tessline can be reversed. Book a consultation with our expert team to learn more about chargeback, and how to get your funds back.